Introduction:
Discover the latest features and enhancements in TallyPrime and TallyPrime Edit Log Release 4.0, designed to bring joy and efficiency to your business operations.
1. Instant Communication: WhatsApp Integration
Seamlessly share vouchers and reports through WhatsApp, fostering efficient communication with stakeholders.
2. Effortless Data Handling: MS Excel Import
Simplify data entry with a straightforward import process for masters and transactions from MS Excel.
3. Business Health Snapshot: Graphical Dashboard
Get a quick overview of your business health through a state-of-the-art graphical dashboard.
4. Seamless Sharing: WhatsApp for Business
Facilitate instant sharing of documents, digitally signed financial statements, invoices, and reminder letters through WhatsApp for Business.
5. Effortless Data Migration: MS Excel Import
Addressing the nightmare of manual data entry, TallyPrime 4.0 offers a seamless import from MS Excel, supporting various formats.
6. Visual Financial Insights: Graphical Dashboard
Harness the power of dashboards for in-depth analysis. Customize tiles, restrict access based on user rights, and create personalized dashboards.
7. Product Improvements for Efficiency:
A. Invoice Printing Enhancement:
- Print invoices with Previous and Current Balances for a more result-oriented approach.
B. GST and Payment Request Modules:
- Export GSTR-3B for QRMP Dealers in a single JSON file.
- View Party GSTIN/UIN in the Input Tax Credit Available section of GSTR-3B.
- Explore TallyEdge and TallyPrime Powered by AWS easily through respective menus.
C. TDS and TCS Returns:
- Export returns as per the latest FVU Tool 8.2.
D. GST Ledger Enhancements:
- Add GST ledgers in RCM purchase vouchers and purchases from Unregistered Dealers (URD).
E. Invoice Flexibility:
- Update GST Amount seamlessly after overriding the GST Rate.
F. Job Work Out Orders:
- Print Company GSTIN/UIN in Job Work Out Orders.
G. Export Improvements:
- Total Value field in exported MS Excel and CSV of GSTR-1 HSN Summary now displays the total GST amount.
H. GST Nature View:
- Resolve issues related to doubling Taxable and Tax Amount for certain transactions in the Nature View of GSTR-3B.
I. Voucher Records for Import of Services:
- Vouchers recorded for Import of Services exempt from taxes now included in the Input Tax Credit Available section of GSTR-3B.
8. Smooth Operations Across Platforms:
- Export GSTR-1 seamlessly, even when data is imported from another software.
- Record multiple purchase vouchers with the same Bill of Entry No.
9. Enhanced User Experience:
A. Voucher Upload on GST Portal:
- Upload vouchers with stock items without Unit of Measurement (UoM) issues.
B. Smooth GST Data Entry:
- Overcome challenges during voucher creation with GST-related information.
C. Excel Export Through ODBC:
- Resolve issues with missing details in the MS Excel file exported through ODBC.
D. Operational Stability:
- TallyPrime runs smoothly irrespective of the length of HSN/SAC in transactions.
10. Seamless Migration:
- Users on Release 2.1 or earlier can migrate data without memory-related errors, while users on Release 3.0 or 3.0.1 can directly load data into Release 4.0.
11. Enhanced Payment Request Functionality:
- Allow partial payments and alterations through UPI, with prompt QR code generation.
12. Streamlined e-Invoice Generation:
- Generate e-Invoices seamlessly for various scenarios, including transactions with government entities and intrastate transactions not applicable for e-Way Bill.
13. Invoice Printing and e-Way Bill:
- Print QR Codes for Payment Request in Simple Invoice format even with disabled GST.
- Apply e-Way Bill printing configuration to all invoices consistently.
14. Improved Performance:
- Reduce time taken to select Order No. in Delivery Notes, enhancing performance in a multi-user environment.
15. Title Consistency:
- Maintain consistency in the title of Sales Invoices downloaded from browsers.
16. Tax Relief Optimization:
- Optimize marginal tax relief for employees with taxable income between Rs. 7,00,000 and Rs. 7,27,777.
17. GCC VAT Details:
- Retain GCC VAT details in invoices, irrespective of the ledger and its sub-group.
Conclusion:
TallyPrime Release 4.0 is a comprehensive update, addressing various aspects to enhance user experience and
streamline business processes. Upgrade now to enjoy these exciting features and improvements.
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