Get the .EXE file of the latest version of TallyPrime. You can download it by clicking the below Download button.
TallyPrime 6.0 comes with two different release:
While both versions offer numerous improvements, the key difference is the Edit Log feature. The Edit Log version comes with an permanent log of all changes, providing enhanced audit and compliance features. For the non-Edit Log version, this log can be enabled or disabled based on user preferences.
TallyPrime Release 6.0 takes simplicity and efficiency to the next level! This latest version introduces tech-driven solutions to streamline your daily banking activities with Tally’s Connected Banking features.
From easy voucher creation to hassle-free bank reconciliation, TallyPrime 6.0 simplifies it all. It helps you manage real-time banking information, organize banking data, improve cash flow management, and much more - all in one place.
With TallyPrime Release 6.0, transitioning into a smarter era of business banking has never been smoother.
Let’s look into the Key Features, Updates and Improvement TallyPrime Release 6.0 brings to the table!
TallyPrime’s bank reconciliation process is now more efficient and intelligent, offering improved options for both automatic and manual reconciliation. The enhancements simplify matching transactions between books and bank statements to save time and reduce errors.
The process of creating vouchers is now faster and more flexible with automated voucher creation from imported bank statements.
Key FeaturesKey details such as narration, instrument number, instrument date, and amount are automatically filled, saving significant time and effort. This enhancement simplifies voucher creation and improves efficiency in managing financial transactions
Bank reconciliation and transaction tracking are now easier with new and improved banking reports, including Banking Activities, Bank Reconciliation Summary, and Bank Reconciliation.
Key HighlightsConnected Banking eliminates the need to log in to multiple bank portals by providing a single, secure login through Tally.NET credentials. This feature allows seamless connection of all bank accounts to TallyPrime, simplifying banking operations.
Key HighlightsTallyPrime Release 6.0 introduces an enhanced Data Split feature, designed for greater simplicity and convenience. The updated interface, along with new split options, ensures a smoother process for managing data separation. A data verification prompt guides users through the process, while improved error verification ensures accuracy and minimizes potential issues. These enhancements make data splitting more efficient and reliable, supporting better data management practices.
The updated Split process in TallyPrime allows the creation of a single company, for easier and more secure data management. For businesses with large volumes of data, this feature facilitates the creation of a new company with the latest data, improving performance and ensuring smooth operations.
Alternatively, the traditional two-company Split remains available, offering flexibility to create one company for compliance purposes and another with updated data for ongoing transactions.
A new progress bar has been introduced to provide clear visibility into the stages and progress of the Split process, enhancing overall transparency and ease of use.
The Data Verification process has been enhanced to identify and handle a wider range of errors in vouchers and masters, ensuring a smoother data split. To improve accuracy and minimize errors, a prompt is now provided to verify data before starting the Split process. These enhancements strengthen data integrity and streamline the overall experience.
TallyPrime 6.0 introduces a new Profile feature that allows users to view and update the contact details linked to their Tally Serial Number, ensuring timely communications and updates.
Key HighlightsKeeping the profile updated ensures smooth and efficient communication.
When TDS values are updated in transactions, the details now appear correctly. Previously, updating TDS values caused issues with Dr & Cr and TDS ledger values.
The VAT report now displays correctly for all Indian States and Union Territories. Previously, it was not appearing for Puducherry, Haryana, Telangana, Chandigarh, Dadra & Nagar Haveli and Daman & Diu, Kerala, Ladakh, Sikkim, Tripura, Uttarakhand, Uttar Pradesh, and West Bengal.
TallyPrime 6.0 and TallyPrime Edit Log Release 6.0 come with these significant updates, revolutionizing business banking with smarter reconciliation, automated voucher creation, and seamless connected banking. The updates in GST filing, data splitting, and TDS calculation ensure greater accuracy and efficiency. With these powerful features, TallyPrime 6.0 empowers businesses to manage finances effortlessly and stay compliant.
While both versions offer numerous improvements, the key difference is the Edit Log feature. The Edit Log version comes with an permanent log of all changes, providing enhanced audit and compliance features. For the non-Edit Log version, this log can be enabled or disabled based on user preferences.
TallyPrime 5.1 is here to revolutionize the way you manage your business. This latest release is packed with powerful features and enhancements designed to streamline your operations and boost efficiency.
From simplified GST management to improved voucher number control and enhanced payroll compliance, TallyPrime 5.1 offers a comprehensive solution to meet the evolving needs of modern businesses. Let’s look into some of the new features and improvements below.
Effortlessly identify, resolve and track GST related discrepancies between Masters and Transactions , ensuring your data remains accurate and helps to stay compliant with GST Regulations.
When migrating from TallyPrime Release 2.1 (or earlier) to Release 5.1, you can easily manage voucher numbering and HSN/SAC configurations. Here's what you can do:
Continue using the existing numbering method.
Set up the HSN/SAC Summary for all sections, or exclude B2C sections.
Configure the desired length for HSN codes of stock items.
GSTR-1 returns for multiple periods can now be exported into a One Excel File. If a company has multiple GST registrations, it is possible to select a specific registration or all registrations and export the returns at once.
The HSN/SAC Summary is now included in a consolidated, period-wise report within the Annual Computation report.
Transactions rejected because of an inactive GSTIN can now be bulk converted from B2B to B2C with just one click.
Previously, e-Way Bills for export invoices were rejected if the Ship To details included a non-Indian state and missed the pin code of an Indian port. This issue is now fixed. You can now generate e-Way Bills and e-invoices for exports by selecting a valid Indian state and the pin code of the Indian port from where the goods will be shipped.
You no longer need to manually enter the distance between origin and destination pincodes when generating an e-Way Bill. TallyPrime will automatically fetch and display the distance in the e-Way Bill. This applies when the Pin to Pin Distance as per Portal field is blank or the distance information is missing.
You can now generate e-Way Bills for both Material In and Material Out vouchers. This is especially helpful when shipping materials between the principal and job worker for manufacturing.
With the release of FVU Tool Version 8.6 by the Protean Department, the file format for e-returns has been updated. In TallyPrime 5.1, you can now directly export the expected Salary Details (SD) and Standard Deduction values into the Payroll ITeTDS.txt file.
Previously, Provident Fund (PF) contributions were included in the Payroll ITeTDS.txt file export, regardless of the chosen tax regime. With the latest FVU format changes, PF contributions are now excluded from the export for employees under the New Tax Regime.
Previously, Professional Tax and Chapter VI-A deductions were included in the ITeTDS.txt file, even for employees under the New Tax Regime. As per the latest FVU format, these deductions are now excluded for such employees.
Previously, the amount in words in vouchers was shown in English, regardless of the selected language. Starting from TallyPrime Release 5.1, the amount in words will now be displayed and printed in Arabic when the display/print language is set to Arabic.
TallyPrime 5.0 has two different versions:
The key difference between the two is the Edit Log feature. The Edit Log version maintains an permanent record of all changes, while the regular version allows users to enable or disable this feature as needed.
Both versions come with the following features and product enhancements:
With TallyPrime 5.0, businesses can upload and download GST returns such as GSTR-1, GSTR-3B, and CMP-08 directly from the software. This streamlines the process and reduces the risk of errors.
Download reports like GSTR-2A and GSTR-2B quickly and easily, making compliance faster and more accurate.
For purchases exceeding ₹50 lakhs annually, TallyPrime 5.0 automatically deducts TDSstrong> based on payment type. This eliminates the need for manual tax calculations, ensuring accuracy and compliance.
Manage TDS exemptions for government entities and handle Form 26Q reporting with ease, improving the overall tax management process.
TallyPrime 5.0 introduces the ability to extend software functionality with Tally Plug-Ins i.e; Tally-Capital, which enables users to check credit scores and apply for loans directly through TallyPrime.
TallyPrime 5.0 simplifies payment handling by allowing users to sort pending bills by due date, bill date, and balance. This ensures timely payments, avoiding penalties and late fees while improving cash flow management.
The new Strip View feature highlights alternating rows in reports and vouchers, making large datasets easier to read. This feature is especially helpful for printing and sharing documents.
Stay informed with the Bell Icon, which provides notifications for crucial tasks like GST uploads, return filings, TSS renewals, and license management. Manage all alerts from a single screen, improving workflow efficiency.
TallyPrime 4.1 has two different versions:
TallyPrime 4.1 Edit Log and TallyPrime 4.1. The former has an edit log that cannot be turned off, and the latter has an edit log that can be enabled or disabled as per user convenience. This is the only difference between the two versions.
TallyPrime 4.1 Edit Log and TallyPrime 4.1 versions come with the following features -
The new MSME feature helps small businesses and those dealing with them easily figure out if a business is classified as an MSME and keep track of any unpaid bills.
Additionally, buyers from small businesses can swiftly submit their Form MSME 1, providing all necessary information about overdue payments.
For Registered MSME Businesses:
Manage UDYAM Registration details, make changes, and track alterations with dates.
Print invoices with UDYAM details for MSME status awareness.
Easily track due payments and send reminders for timely payments.
For Businesses trading with MSMEs:
Set up suppliers' MSME status.
Pay bills from MSMEs before the due date.
Quickly access info on overdue payments and report if needed.
Review all unpaid bills to understand income tax deductions.
For businesses selling online through platforms like Amazon, Myntra, and Flipkart, TallyPrime Release 4.1 now offers an e-Commerce Summary Report in GSTR-1.
This report breaks down taxable values and taxes (IGST, CGST, SGST, and Cess) and provides GSTIN-wise sales data for each e-Commerce operator.
It simplifies entering the necessary details on the GST portal.
TallyPrime 4.0 has two different versions:
TallyPrime 4.0 Edit Log and TallyPrime 4.0. The former has an edit log that cannot be turned off, and the latter has an edit log that can be enabled or disabled as per user convenience. This is the only difference between the two versions.
TallyPrime 4.0 Edit Log and TallyPrime 4.0 versions come with the following features and other product improvements -
TallyPrime Release 4.0 brings to the feature of instant communication via Whats App for Business. This helps you take advantage of technology advancements and experience enhancements in communication.
Businesses can send documents and digitally signed financial statements directly from TallyPrime to one or more parties or stakeholders in a single click with the use of Whats App. Similarly, You can send reminder letters and invoices to your parties via Whats App and get responses from them.
Manual data entry for high volume data is a nightmare for any business. To address this, TallyPrime Release 4.0 provides seamless import from MS Excel. This is in addition to the existing option to import XML files. This will allow you to retrieve the data in your Excel workbook and import it into TallyPrime.
What’s in store:
TallyPrime's dashboard allows you to analyze your business information in an intuitive format. Previously only sales and purchase dashboards are provided by default, now you can also create various different dashboards.
Dashboard in TallyPrime offers flexibility to:
Generate E-way bill while creating entries in Tally itself. You have the option to generate a single e-way bill while creating an entry or you can generate bulk E-way bills by going to the Exchange Menu in Tally
Tally Prime 2.0 provides instant validation of GSTIN / UIN and HSN / SAC entered in Tally. This will ensure you do not enter any wrong details.
You can now save the view of a report i.e you can save the configurations of the report for future reference.
The mobile view for viewing reports in Tally has been given a new delightful experience. While viewing reports in Tally, the report is automatically adjusted to fit your screen and thus you do not need to manually adjust the report.
You can now calculate TCS depending on your type of business practice - TCS on either realisation/receipt of the invoice or accrual. You can also switch from one method to the other in transactions and party ledgers.
There are some exemptions to the deduction of TDS. For example, some parties make TDS payments at the time of the current transaction itself. Such parties can be exempted from the TDS set TDS deduction while recording the transaction.
For government listed buyers, in Tally, you can set such parties as exempted from TCS and calculate the tax component as per appropriation.
You can now generate Form 27EQ for TCS.
Ledgers can now be made without the PAN details. You can check the list of buyers as well as update the required details in the party ledger.
You can now configure TCS in sales ledger or stock item this helps you set the TCS for a stock item and thus you do not need to update the TCS for every transaction.
In this version, the E-invoice Sandbox experience has been introduced. It will help you -
Get familiar with how e-invoicing works on the live IRP.
Create E-invoice and voucher simultaneously
Create, cancel, alter and get E-invoices in bulk
Experience e-Invoicing without any impact on your GST Returns.
All these Sandbox features can be experienced with an expired TSS or in Educational Mode
Other than these various product improvements have been done to improve user experience.
IFF filing is now supported in Tally by providing option for section-wise export of GSTR-1.
TallyPrime supports VAT for Oman. You can now enable VAT, set registration details, set tax rates, make duty masters, implement VAT in transaction details n TallyPrime for Oman VAT.
Issue of Printing logo on simple invoice format has been resolved. In some options, logo was not being printed.
Change display settings to Bright or soft as desired.
The issue of transporter name not being printed in the E-way bill when generated from the portal has been solved.
In E-invoicing process, after verifying the e-invoice using the acknowledgement number, the product description was showing blank this issue has been resolved.
E-invoices were being rejected by the E-invoice system when UoMs with 4 decimal points were being rounded off for a few stock items. This also has been solved.
Issue of missing bill wise reports when printing the ledger voucher’s report in the condensed format has been resolved.
Appearance of Any@0% in sales transaction of TCS category has been solved. Even the rate printed in some cases was showing incorrect numbers. This also has been solved.
Bank reconciliation statement for Kotak Mahindra Bank, showed MAV error while using the ‘Reconcile all unlinked’ feature after import of a bank statement. This is resolved now.
Cheques can now be printed in vertical centre mode.
Voucher total have not been matching after saving a contra voucher from bank statement. This issue is solved now.
You can now export payment instructions file in encrypted format by uploading the files on Bank of Baroda portal.
E--payments for Yes Bank - You can select Delimited - Corporate Net Banking option along with fixed Width - Corporate Net Banking format in the E-payment configuratIon screen.