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TALLY PRIME WITH GST

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Create professional looking GST compliant invoice in seconds

It's simple to create, print and e-mail a professional-looking invoice in a few seconds. Configure additional information in the invoice, add your logo and more to personalise your invoice as per your preferences.

In-built intelligence to automatically generate different GST invoices like tax invoices, bill of supply, export invoices etc. What’s more? A fully connected solution to instantly generate e-invoices and e-way bills.

Flexible purchase and sales management

Do you follow different sales and purchase cycle? Does your buying and sales cycle differ from party-to-party? Do you not follow a complete Order cycle, but a simple purchase/sales and Payment/Receipt?

TallyPrime is designed with complete flexibility to suit different purchase and sales processes, followed by the business. Be it purchase or sales orders, debit or credit notes, keep your books up to date with TallyPrime.

Multiple billing format

TallyPrime supports different billing formats to suit your business needs. Whether you deal with Products or Services, you can choose a suitable invoice format for faster billing.

Multi-currency support

With TallyPrime, you can record invoices, quotations, orders, accept payments and receive bills in foreign currency. The gains or losses in forex due to currency rate fluctuations are auto-calculated and can be adjusted easily.

Multiple price level

Create different price levels such as wholesaler, retailer, customer etc., and assign different price lists (quantities based Rates, discounts), ensuring error-free and faster billing by auto-capturing the price details.

Payment QR code and link on invoices

Add payment QR code and link for a single invoice or do it in bulk for multiple invoices. This is made possible through integration with payment gateways such as RazorPay and PayU. You can do it with UPI as well.

Multiple address

With TallyPrime you can maintain multiple mailing details for your company and ledgers. Create multiple addresses for your company and party ledgers and use them in invoices and reports as required.

Define unlimited groups, categories, batches, locations/godowns

If your business has multiple product lines and each product line needs segregation, you can do so easily with TallyPrime by defining unlimited groups, categories, batches and locations/Godowns.

Flexible units of measure

Handling real-time complexities like 'the requirement to buy in one unit and sell in another', 'Stock Items required to be quantified in more than one unit', 'measuring the unit of stock item with floating conversions' etc. is no more a tedious task with TallyPrime. The flexible units of measure in TallyPrime allows you to manage and quantify the stock the way you want.

Manufacturing journal

Record the entire cycle of manufacturing activity using TallyPrime. Record raw materials involved, track godowns from where the raw material is dispatched and their purchase costs. Record the details of finished goods, by-products and scrap yielded.

Bill of material

The comprehensive Bill of Material (BoM) feature in TallyPrime allows you to define the raw materials, assemblies, parts and components, along with quantities of each inventory, needed to manufacture a finished product. You can also define the by-products, co-products and scrap in BOM of finished products.

Re-order level

Reorder level feature in TallyPrime ensures you never run out of stock. In real-time, get to know the stock that must be replenished along with the right quantities. You can set reorder and minimum order levels and automatically generate the report that helps you know the shortfall and quantities to be ordered.

Multiple stock valuation

TallyPrime lets you value your closing stock using different stock valuation methods. The flexible stock valuation method allows you to set different stock valuation method for each item based on your requirement. TallyPrime supports the following stock valuation methods.

  • Average Cost

  • FIFO

  • FIFO Perpetual

  • Last Purchase Cost

  • LIFO Annual

  • LIFO Perpetual

  • Std. Cost

  • Monthly Avg. Cost

  • At Zero Cost

Job work

With TallyPrime's powerful Job work feature, you can manage job work process both as principal manufacturer and job worker. You can record material issues, receipts, consumption of materials supported by job work reports to give complete visibility of job status and material status.

Manufacture and expiry date management

Manufacture and expiry date management is crucial for business dealing with products having defined shelf life or short durability. With TallyPrime, you can maintain stock in batches with manufacturing and expiry dates and get a complete visibility of batch details such mfg date, expiry date, no of days till expiry etc..

GST compliance and filing

Whether you file GST returns yourself or share the data with your tax consultant, TallyPrime makes GST filing simpler for you. The built-in capability of error detection and correction ensures that you file your GST returns correctly.

e-Invoice

With TallyPrime, you can generate e-invoice instantly with no changes to invoicing process that you follow. With TallyPrime’s connected services, you can automatically generate e-invoice and print IRN & QR code on the invoices without manual intervention. TallyPrime also supports the bulk generation of e-invoices and offline generation e-invoice file (JSON) to handle exigency scenarios.
 

GSTR-2B and GSTR-2A reconciliation

Simply import your GSTR-2B/2A statement, and TallyPrime will automatically reconcile and give you a quick and comprehensive summary of reconciled transactions and the mismatches.

The best part is that all the unreconciled transactions are flagged in different categories, helping you know the reason for mismatches and take suitable action to resolve them.

Fully connected e-way bill solution

Using TallyPrime’s online connected e-way bill solution, you can instantly generate e-way bill for a single invoice in the flow of recording invoice or multiple invoices from a report. All you need to do is just record an invoice and TallyPrime will automatically generate e-way bill and capture e-way bill number on the invoice. This comes with an option to extend, cancel and update e-way bill details online within TallyPrime.

Audit trail compliant as per MCA’s guidelines

Stay audit trail (edit log) compliant using TallyPrime EL release from day one. You can maintain the necessary edit logs, as required, for each transaction/master, along with the date & time, including the details of users and deleted transactions. The best part is that you can get to know the modified elements by comparing them quickly with a previous version.

Multi-GSTIN support in a single company

Create multiple GST registrations and manage transactions and returns related to all the GSTINs in a single company. Easy to categorise or identify transactions GSTN-wise and flexible to view/export GST returns and reports for a single GSTIN or a combined report for all GSTINs.

Return sign and amendments

You can mark the returns ‘Signed’ indicating returns are filed, and further inclusions/modifications are identified and tracked for your action. This helps you manage the complete cycle of amendments and reporting of such details in subsequent GSTR-1 and GSTR-3B return.

GSTR-1 reconciliation

GSTR-1 reconciliation helps you quickly verify the data on the portal with the data in your company books and identify any differences between the data. This is a good practice to keep your books and returns in sync.

GST compliance for composition dealers

Businesses who have opted for composition scheme can manage their compliance easily using TallyPrime. From recording Bill of Supply to generating GSTR-4/CMP-08 in the prescribed format Tally makes it simpler and easier.

Managing TDS and TCS is no longer tedious

In TallyPrime, you can manage TDS and TCS requirements for your business in an accurate and simplified manner. The return forms are designed to detect errors/incomplete details and allow you to correct them seamlessly, so that the return is 100% fool-proof.

Always stay compliant

No worries of changing laws, you are always up to date and compliant with TallyPrime. Regular product releases ensure that new laws, law changes, returns etc. are supported on-time.

Support for previous tax regimes VAT/CST, excise

Wondering how to manage business data of previous tax regimes? With TallyPrime, you can manage data from both the previous and current tax regimes in a single company. Viewing transactions and getting reports for the complete financial year is also not taxing anymore.

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