TallyPrime Release 6.0 introduces several enhancements designed to streamline business operations, particularly in banking, GST compliance, and customization.
Here’s a detailed overview of the key features:
1. Enhanced Banking Experience in TallyPrime Release 6.0
1. Connected Banking
TallyPrime now offers Connected Banking, allowing you to link your bank accounts directly within the software.
This integration provides real-time access to bank statements and balances, reducing manual efforts and improving cash flow visibility.
2. Improved Bank Reconciliation
The bank reconciliation process has been refined to include:
- Auto-Reconciliation: Automatically match exact transactions between your books and bank statements.
- Smart Suggestions: Receive potential matches for transactions, aiding in quicker reconciliation.
- Flexible Matching: Reconcile one-to-one or one-to-many transactions, accommodating various reconciliation scenarios.
3. Automated Accounting from Bank Statements
You can now generate vouchers directly from imported bank statements, minimizing manual data entry and ensuring accuracy in financial records.
2. GST Compliance Enhancements in TallyPrime Release 6.0
1. GSTR-1 Filing Improvements
Filing GSTR-1 is now more intuitive:
- Pre-Filing Upload Prompt: The system prompts you to upload returns before filing, preventing accidental submission of Nil returns.
- Accurate TXPD Section: Details in the TXPD section are now correctly displayed, ensuring accurate tax reporting.
2. Support for Excel Offline Utility Version 5.4
TallyPrime supports the latest Excel Offline Utility for GSTR-3B, ensuring that ITC-related information is correctly categorized and no longer appears under incorrect sections.
3. Correct Classification of Transactions
Transactions involving unregistered dealers and exempt expenses are now accurately reflected under Exempt, Nil Rated, and Non-GST Inward Supplies in GSTR-3B, rather than under Uncertain Transactions.
4. Accurate Cess Calculations
For items with Cess based on quantity, TallyPrime now correctly calculates round-off and decimal values, eliminating mismatches in tax amounts.
3. Data Management and Customization in TallyPrime Release 6.0
1. Seamless Invoice Copying
You can now copy B2B sales invoices from one company to another without issues related to duplicate voucher numbers in GSTR-1 and GSTR-3B.
2. Developer Enhancements
For developers, TallyPrime Release 6.0 introduces:
- Skip Forward Capability: Improved navigation within reports.
- MultiObjects Enhancement: Better handling of multiple data objects during report generation.
- IsPatternMatch Function: New function to validate strings against regular expression patterns.
- Recon Status Attribute: Ability to categorize and filter transactions based on reconciliation status.
4. Additional Features in TallyPrime Release 6.0
1. Bilingual Invoice Printing
For businesses operating in GCC countries, TallyPrime now supports printing sales and POS invoices in Arabic or bilingual formats, complying with regional regulations.
2. Updated Income Tax Slabs
The software includes the latest income tax slab rates as per the Finance Bill 2025-26, ensuring accurate TDS calculations.
TallyPrime Release 6.0 focuses on enhancing user experience through improved banking integration, accurate GST compliance, and expanded customization options, making it a comprehensive tool for modern businesses.
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