e-Invoicing deadlines are moving closer with businesses searching for the right ASP that can handle e-Invoicing compliance for them. TallyPrime can help you with e-invoice compliance by generating compliant transactions the moment they are recorded. This is a business management software of Tally, an official Accredited Service Provider (ASP) authorised by MoF.
TallyPrime’s foundation in compliance
TallyPrime is already a trusted, FTA-accredited VAT software used by over 65000 UAE businesses. Over the years, it has helped businesses manage VAT compliance, return filing, reporting, and audits. Building on this strong compliance foundation, TallyPrime has now extended its capabilities to support the UAE’s upcoming e-Invoicing framework.
What can businesses expect from TallyPrime e-Invoicing
Once these capabilities are rolled out, businesses can expect:
- Instant e-invoice compliance
Generate UAE-compliant transactions the moment they are recorded. TallyPrime eliminates manual formatting, ensuring every document is instantly ready for secure network transmission. - Smart in-built validations
Detect errors or missing information early. Automated checks to identify data inconsistencies early, reducing technical rejections and ensuring every field meets UAE PINT standards. - PINT AE ready formats
Native PINT AE XML generation ensures your invoices are always compliant and interoperable. Skip manual data mapping and communicate effortlessly in the five corner model. - One-click five-corner exchange
Deliver single or batch invoices instantly across the Peppol five-corner model. Our robust connectivity ensures secure, reliable delivery to every stakeholder. - Centralized compliance tracking
Monitor your document’s entire lifecycle from a single report. Real-time status updates and detailed insights help you spot bottlenecks to maintain effortless compliance.
Selecting Tally as an ASP
Featuring direct integration with EmaraTax, you can select TallyPrime as your ASP right from the software. This is a one time login process. Once logged in you can start exchanging invoices with the buyer, while reporting the required data to the FTA.
Unlike regular e-Invoicing software that only helps generate invoices, an ASP enables their secure exchange with buyers and reports the required invoice data to the FTA. By selecting Tally as your ASP, you can manage invoice creation, validation, exchange and regulatory reporting within an integrated business management and ASP ecosystem.
Click here to know more about selecting Tally as your ASP.
What existing TallyPrime users should do now
Existing TallyPrime users can login to EmaraTax portal directly from TallyPrime and connect their software to the e-invoice system with a few simple steps:
Do remember that you have to be on the latest release of TallyPrime to be able to use the e-invoicing feature. Once you have upgraded to TallyPrime 7.1 follow these steps to ensure e-invoicing readiness:
- Populate your Party, Item, Unit of Measurement (UoM), and Currency masters with the necessary regulatory details.
- Ensure all ledgers are configured in alignment with the latest e-Invoicing requirements.
- Record sales transactions to familiarise your team with the new e-Invoice workflow.
- Utilise built-in e-Invoice reports to track the readiness status of all transactions.
Why appointing the right ASP matters
An ASP does more than transmit an invoice. It connects the seller, buyer and tax authority within the UAE’s five-corner e-Invoicing model while supporting invoice validation, secure exchange and regulatory reporting.
Selecting an ASP that works directly with your business management software reduces the need for separate systems and repeated data transfers. With TallyPrime, businesses can manage accounting, inventory, VAT and e-Invoicing within an integrated business management and ASP ecosystem.
Here are some links you can refer to for more information:
