Launched on 27 June 2026, TallyPrime 7.1 marks a significant step forward in intelligent business management with its AI-first, human-centred approach. Designed to help businesses work faster, smarter, and with greater confidence, the latest release introduces powerful automation, enhanced personalisation, expanded connected banking, and stronger compliance capabilities.
AI-Powered Document Processing with TallyIra (Plug-in)
Powered by TallyIra, TallyPrime brings trusted, privacy-conscious AI to document processing. It intelligently reads business documents, prepares accounting-ready transactions, and helps reduce manual data entry effort by up to 80%, while ensuring you remain in complete control before anything is posted.
Invoices That Reflect the Professional You
Create professional invoices that truly reflect your brand with modern, customisable templates. Personalise them with multiple logos, signatures, watermarks, custom images, and custom fields, then share them instantly via WhatsApp directly from TallyPrime.
Connected Payments with ICICI Bank
Manage banking and accounting through one connected experience. With ICICI Bank joining Axis Bank, Kotak Mahindra Bank, and SBI in TallyPrime's Connected Banking ecosystem, businesses can check account balances, fetch bank statements, automate voucher creation, and reconcile transactions faster, all from within TallyPrime.
Smart Schedule III Support (Plug-in)
Prepare Schedule III financial statements faster for both corporate and non-corporate entities with simplified mapping, intelligent classification, and automated reporting. Easily bifurcate balances, classify inventory and MSMEs, and export reports for both the current and previous financial years, improving accuracy, consistency, and confidence in financial reporting.
Also Included in TallyPrime 7.1
- Ready-to-use Excel templates for marketplace imports
- Revised GST calculations for tobacco products
- Bill-to/Ship-to consignee GSTIN compliance
- Search HSN/SAC by code or description
- Kerala Gold e-Way Bill compliance
With intelligent automation, deeper personalisation, connected banking, and smarter compliance, TallyPrime 7.1 empowers businesses to operate more efficiently while keeping trust, accuracy, and simplicity at the heart of every transaction.
