What’s New in Tally Prime 2.0
The much-awaited Tally Prime 2.0 is now available for download. It is an important milestone in Tally’s journey in becoming a truly connected software. Tally has added a couple of very interesting and extremely useful features along with a couple of bug fixes. Let’s see what all is new in this release. In case you…
E-invoice under GST – What is e-Invoicing? GST E-Invoice Generation and Applicability
E-invoicing is the submission and validation of a regular B2B invoice generated by an ERP or accounting software to the e-invoice portal. A common misconception is that e-invoicing is the generation of invoices on the GST portal. In this article, we take a look at what is e-invoicing along with other details about the e-invoice…
Easy Hacks to Improve Business Efficiency with Tally Prime – Banking Features
Improving your business efficiency is maximizing your output from your existing resources – or making the most of what you have. If you have not thought about how to improve business efficiency, you may well be overlooking places where you can cut down on the time you’re spending on particular tasks. Improved efficiency will surely…
IFF for Quarterly Return Monthly Payment Scheme with Tally Prime
Quarterly Return Monthly Payment or QRMP is a new mechanism that CBIC has rolled out for companies having an annual aggregated turnover of up to INR 5 Crores. QRMP was notified on 10th November 2020. This short article, explains how to handle the IFF (Invoice Furnishing Facility) for QRMP with Tally Prime. At the moment,…
Tally Prime Shortcut Keys
One of the best features of Tally over the years has been the option to navigate using a keyboard. These Tally shortcut keys have been consistent for the last couple of decades. However, with Tally Prime, there are a few minor changes. In this post, we will take a look at the various keyboard shortcuts…
E-Invoicing In Tally Prime
Electronic invoicing or e-invoicing is the process of uploading all your B2B transactions (sales invoices, credit and debit notes made to companies, including exports) in the IRP (invoice registration portal) for authentication. For every invoice uploaded and after authentication, IRP issues a unique IRN (invoice reference number). This IRN has to be converted into a…
Tally Prime Installation – A Step-By-Step Guide
So, after all the hype around it, Tally Prime is finally here! You are upgrading your existing Tally ERP 9 to Tally Prime or have just bought a new Tally Prime license. This post is a step-by-step guide on how to do your Tally Prime installation. Before we begin the actual installation, it is very…
Step By Step Guide to file GSTR-1 from Tally Prime
Tally Prime is the successor of Tally ERP 9. A majority of SME are using Tally to maintain their books of accounts. Tally Prime is a free upgrade for Tally ERP 9 customers having a valid TSS. With the launch of Tally Prime, many Tally users have migrated from Tally ERP 9 to Tally Prime…