TallyPrime New Features - Complete Guide for Small Businesses

TallyPrime is the latest version of Tally accounting software, designed for small and medium businesses in India. It comes with significant improvements over Tally ERP 9 with better GST compliance, reporting, and usability.

Key Features of TallyPrime

• Faster and more intuitive navigation
• Go To feature - quickly jump to any report or voucher
• Multi-tasking - open multiple reports simultaneously
• GST compliance with auto-reconciliation
• e-Invoice generation directly from TallyPrime
• e-Way Bill generation integrated
• Bank reconciliation with auto-matching
• Payroll with PF, ESI, TDS calculations

GST Features in TallyPrime

• Automatic GST calculation on invoices
• GSTR-1, GSTR-3B, GSTR-4 reports ready to file
• GST reconciliation with portal data
• e-Invoice (IRN generation) for eligible businesses
• GST audit trail maintained automatically

e-Invoice in TallyPrime

Businesses with turnover above Rs. 5 crore must generate e-Invoice. TallyPrime integrates with the IRP (Invoice Registration Portal) to auto-generate IRN and QR code on invoices, keeping you compliant.

TallyPrime Pricing

• TallyPrime Single User: Rs. 18,000/year
• TallyPrime Multi User: Rs. 54,000/year
• TallyPrime Developer: Rs. 67,500/year
• Rental option available on monthly basis

Should You Upgrade from Tally ERP 9?

Yes, TallyPrime offers significant improvements in speed, GST compliance features, and user experience. If you're still on Tally ERP 9, upgrading to TallyPrime is recommended especially for e-invoice and e-way bill functionality.