Compliance Calendar

Tally's Invoice Management System (IMS) – Simplifying GST Compliance


IMS is Tally’s latest Connected GST offering, aligning with the government’s goal of ensuring taxpayers avail the Right Input Tax Credit (ITC) at the Right Time. It upholds GST’s original intent—where taxpayers upload business transactions they understand, and the system generates returns.

IMS Inward IMS Inward empowers buyers with real-time visibility into supplier-reported sales, helping detect discrepancies early. With Accept/Reject/Pending actions, buyers can correct errors, ensuring seamless ITC claims. Deemed Acceptance simplifies compliance, reducing cash flow disruptions and audit hassles.

IMS Outward When buyers act on invoices, suppliers get instant visibility, allowing quick corrections and dispute resolution. This ensures timely payments and predictable cash flows for businesses.

Why IMS?

Though optional, IMS plays a crucial role in cash flow management. Use Inward & Outward IMS regularly for accurate forecasts and compliance-driven business benefits.

  • One-click download & reconciliation
  • Bulk Accept/Reject/Pending actions
  • Automated reconciliations & voucher creation
  • Seamless GSTR-2B/GSTR-3B filing & audit readiness
  • Integrated with payables/receivables & Prime Banking
  • Leverages Tally GSP’s secure, scalable Connected GST framework

Boost efficiency with email, WhatsApp, dashboards, and payment links — all seamlessly integrated with IMS. Stay compliant, stay ahead!

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Enhanced Compliance with the Edit Log Reports in Tally Prime


Following the introduction of the Edit Log feature in Tally Prime, there has been an increasing demand for comprehensive Edit Log reports to enhance compliance and auditing processes. Businesses and Auditors require detailed insights into transactional modifications to ensure financial integrity and regulatory adherence.

Why are Edit Log Reports Important?

In a data-driven environment with extensive bookkeeping activities, structured reports are essential for summarizing data, identifying trends, and detecting discrepancies. The Edit Log Reports in Tally Prime enable organizations to generate comprehensive, filtered reports, eliminating irrelevant logs and focusing on crucial data.

How Tally Prime Makes the Edit Log Feature More Useful and Meaningful

Recognizing the growing need for audit-friendly accounting solutions, Tally Prime has enhanced the Edit Log feature to make it more efficient and valuable for businesses by offering:

  • Smart Edit Log Summary Reports: Allows businesses to generate consolidated reports with relevant filters, focus on relevant logs that leads to faster audit processes.
  • Advanced Search & Filtering Capabilities Allows businesses to generate consolidated reports with relevant filters, focus on relevant logs that leads to faster audit processes.
  • Customizable Reports for Deeper Analysis: Provides flexibility to view and analyze data from multiple angles, enabling better decision-making.

Who Benefits from This Feature?

  • Auditors & Accountants: Gaining quick access to transaction history for smooth audits and reviews.
  • Business Owners & Decision Makers: Enhancing financial integrity and internal controls during internal audit

Stay Ahead with Tally Prime

With Tally Prime’s Edit Log feature, businesses can ensure seamless compliance, enhanced audit readiness, and improved financial accountability. Stay updated, avoid compliance risks, and maintain transparent financial records with ease with upcoming TallyPrime

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Tally Search


Handling user's crucial business data was never easy, but Tally has been doing it effortlessly for years, thus becoming a top software trusted by millions. Efficient management of data is useful only when it is coupled with a robust mechanism of retrieving the useful information as and when required. Tally Prime has met this need with features like GoTo, Report Save, and Report Filters, enabling quick, data-driven decisions.

To further elevate our users' experience and make the data discovery process even faster, Tally introduces "Tally Search", a feature designed to help you search for the required information present anywhere in your company data at an unprecedented speed, eliminating the need to navigate to multiple places and providing highly relevant and precise results with just a click!

Key features

  • Precision and Speed
    Precision has always been a critical aspect of Tally, ensuring that users can quickly find the information that they are looking for.
    While precision is vital, speed is equally important. We understand that users need information instantly, so just type in whatever piece of information you have in hand and Tally Search helps to get precise and quick results ensuring a timely decision making for your business.
  • Adaptive nature
    Tally search will understand the nature of input and generate results that are best and most relevant for you. This means, you need not worry about spellings, the order of your words, or how you enter information. Just type in your query and get the best and most relevant results for you in a single click.
    Consider - You are unsure of the exact sequence of one of the printer's name in your stock items, just type in the keywords in any order you remember, for instance "Canon Pixma wireless printer compact" or "Canon Pixma compact printer wireless" and be rest assured, Tally Search will ensure you get the best and most relevant results quickly.
  • Search across companies
    Managing multiple companies in Tally Prime?
    Our powerful new search feature allows you to effortlessly find the data you need across all your loaded companies. Say goodbye to the hassle of finding the data in each company manually. With just one search you'll instantly get results from across all your companies.
  • One search bar, countless possibilities!
    Elevate your search experience! Effortlessly modify or add new queries without having to start over, allowing you to stay focused on what truly matters.
    Unlock the full potential of your searches with Tally Search.
  • Personalized Experience
    Trying to remember what was the input you gave to generate desired results?
    Stress no More!
    A history is maintained for all your recently searched keywords, which can be accessed and filtered as soon as your start typing, hence, an on-the-go experience to seamlessly select a past query and continue with your search.
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Seamless Compliance with the Revised MSME Form 1 in Tally Prime


The Ministry of Corporate Affairs (MCA) has recently introduced a revised MSME Form 1, making it mandatory for all companies to report their outstanding dues to Micro and Small Enterprises (MSEs). This compliance requirement is critical for businesses to ensure transparency and avoid penalties. Tally Prime will integrate this revised form to simplify the compliance process, making it effortless for companies to adhere to the new regulations.

How Tally Prime Makes Compliance Easy

Recognizing the growing need for automated compliance solutions, Tally Prime has introduced a built-in feature for the Revised MSME Form 1. This enhancement empowers businesses and Audit fraternity to:

  • Auto-Generate MSME Form 1 Annexure: Get real-time insights into outstanding dues and Payments and easily compile the required data.
  • Seamless Data Integration: Builds vendor details PAN-wise and payment timelines directly from accounting records.
  • Time-Saving Automation: Minimize manual work and streamline compliance with easy-to-use reports. Precise segregation of Bills in the right categorization with clarity.
  • Exporting data to Excel template by MCA: Generating the data to the latest template provided by the MCA department with clear messages and guidance for next steps.
  • Error-Free Filing: Ensure accuracy in reporting and avoid penalties and interest due to manual errors.

Who Benefits from This Update?

  • Companies dealing with MSME suppliers: Ensuring compliance with the 45-day payment rule.
  • Finance & Accounting Teams: Automating compliance reporting, reducing workload.
  • Auditors (CAs and CSs): Gaining structured financial data for audits and filings.

Stay Ahead with Tally Prime

With Tally Prime’s MSME Form 1, companies can focus on business growth without worrying about compliance complexities. Stay updated, avoid penalties, and ensure a smooth reporting process with Tally Prime’s upcoming enhancement.

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Tally to Tally Migration – Zero Downtime


New Tally to Tally Zero Downtime Migration gives you a quick and easy way to move to a newer version of Tally from any earlier Tally versions starting from Tally 4.5. Users can continue working in the existing version while migrating the data to a newer version of Tally.

Key features

  • Concurrency- Concurrently work on Tally data while it migrated to a newer version.
  • Pause and resume functionality- You can pause and resume your migration job if needed.
  • Resume from point of failure- Your migration can be resumed from a point of failure for e.g the system got shut down during migration, the user can continue from where migration was stopped.
  • Resolution Frame- Migrate data with errors successfully and use the resolution to fix the data issues at a later stage.
  • Multiple company migration– You can select and migrate multiple companies' data from a single screen.
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Auto Backup


Ensure Business Continuity with Reliable Cloud Backups

Since financial data is integral to daily business operations, implementing a robust, automated cloud backup solution can mitigate the risks of data loss from unexpected technology failures.

Key Features:

  • Secure Cloud Storage: Store backups on Tally's secure cloud infrastructure, offering superior protection against hardware failures, fires.
  • Automated & Scheduled Backups: Schedule backups at your desired frequency
  • Flexible Restoration: Easily restore lost or corrupted data to any point in time, regardless of location, with both on-site and off-site backup versions available.
  • Exception Notifications: Receive real-time notifications for any backup issues, facilitating prompt action and minimizing downtime.

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TP on AWS – Digital Signature


In TPonAWS, we have allowed our customers to access all the features of TallyPrime by securely anytime, anywhere. Now, by enabling the digital signature integration feature in Tally Prime on AWS, we offer businesses like yours to sign the vouchers and reports document while you Export/ E-mailing documents as PDF and Saving documents as PDF while printing.

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