TallyPrime is simplified software that helps you manage accounting, inventory, banking, and compliance in one place, without needing deep accounting knowledge. It is easy to access, works well for all sizes of business, and keeps getting new features to save time and reduce manual work.
What is TallyPrime?
TallyPrime is a new‑age business management software from Tally that simplifies daily tasks like invoicing, bookkeeping, inventory, and GST in a single, integrated solution. It is designed so business owners, accountants, and even beginners can learn and use it quickly, with a clean interface and guided flows.
TallyPrime is simplified software because it uses familiar screens (Gateway of Tally, Go To, Basis of Values) and consistent shortcuts, so once you learn the basics, you can handle almost any transaction with the same patterns. This makes it good for all sizes of business, from a small shop to a growing enterprise, as the same product supports basic accounting as well as advanced inventory, multi‑GSTIN, cost centres, and more.
Whether you are a first‑time entrepreneur or an experienced accountant, TallyPrime helps you start fast and grow confidently, without changing the way you naturally work. Over time, TallyPrime has introduced many updates to stay aligned with market and compliance changes, so every business can handle its work effectively and efficiently.
What makes TallyPrime a delightful experience?
Your business is continuously evolving. With every passing day, there are developments with the people you deal with, the people that work for you, the norms that you need to comply with and generally the way of doing business. In such an ever-changing business environment, it is important that your trusted business partner also evolves to simplify your life further while allowing you to focus on your constant goal – growing your business through simple to use and delightful technology products that are aimed at increasing efficiency in business management.
In our constant endeavour of doing so, we have revisited every area of our product, analysed how we can deliver the simplest experience possible and made it come alive with…
- Simplicity at a whole new level with an amazing and easy user experience so that your work gets done faster
- Ultra-flexible and intuitive design so you can get more out of the software and take full advantage of it
- A refreshing look and feel that will surely delight you
- Easy to learn and use
- Enhanced user and feature-based security for restricted and trusted business data access
TallyPrime has been designed in a way that you will rarely need any support or help in running the product as per your needs. Experience TallyPrime to truly feel its power and transform your business with improved efficiency.
Features of TallyPrime
TallyPrime 7.0 – Always connected, protected, and in control
In 7.0 releases, TallyPrime has brought in connected capabilities that make it easier to stay on top of compliance, manage business banking more intuitively, and free up valuable time through smarter automation. With TallyPrime 7.0, these capabilities come together to keep your business truly connected, protected, and in control.
With TallyPrime 7.0, you move faster with SmartFind (advanced search), stay safer with Auto Backup 2.0, and work smarter with an enhanced Connected Banking experience. Backup has long been a part of TallyPrime, giving businesses confidence that their data is safe, and in this release it becomes even more seamless and flexible. Your backups now run quietly in the background without disturbing your everyday work, so protection is always on and effortless.
In simple terms, TallyPrime 7.0 gives you:
- Auto Backup 2.0 (Backup 2.0): Schedule automatic backups to TallyDrive (cloud) or local drives, with incremental and full backup options so your data stays safe even if something goes wrong with your system.
- Background and scheduled backups: Backups run quietly in the background at hourly, daily, or weekly intervals, so there is no need to remember manual backups or stop work while data is being protected.
- SmartFind: A powerful, new‑age search that helps you instantly find vouchers, ledgers, GST entries, masters, or banking records across companies by simply typing what you are looking for, instead of hunting through menus.
- Enhanced Connected Banking / PrimeBanking Payments: View live bank balances, fetch bank statements in seconds, make payments directly from TallyPrime, and auto‑reconcile entries, all from a single, secure login.
- GST and compliance improvements: Better handling of e‑invoice and e‑way bill JSONs, ITC reduction in Input Tax Credit reports, and smarter mismatch alerts to keep your returns clean and compliant.
- Performance and live migration: Faster reporting, smoother data exchange (including JSON), and live migration support so you can upgrade to Release 7.0 and continue working without downtime or complicated steps.
TallyPrime 6.0 – Easier banking and reconciliation
TallyPrime Release 6.0 focuses on making banking and reconciliation smoother, so your books stay in sync with your bank with very little manual work. By connecting your bank and automating matching, it reduces one of the most time‑consuming tasks for finance teams.
In simple bullet points, Release 6.0 offers:
- Connected Banking 2.0 to fetch bank balances and statements right inside TallyPrime for supported banks.
- Automated bank reconciliation that matches entries and suggests links, helping you reconcile faster with fewer errors.
- Options to create and post vouchers from bank statement lines, cutting down repeated data entry.
- Better visibility of uncleared cheques, charges, and differences so you can fix issues quickly and keep cash flow under control.
TallyPrime 5.0 – Connected GST and smart compliance
TallyPrime Release 5.0 builds on this by focusing on connected GST, automated compliance, and better payment management. It makes keeping track of tax and due dates easier, so you can spend more time on customers and growth.
In simple, business‑friendly terms, Release 5.0 gives you:
- Connected GST: Upload and download GST returns directly from TallyPrime, so you do not need to jump between multiple portals and files.
- Automated TDS under section 194Q: Let the software calculate TDS automatically based on rules, reducing manual calculation errors.
- Smarter payment management: Sort and pay pending bills by due date, amount, or other options so you never miss an important payment.
- Instant task notifications: A new bell icon and Notification report to remind you about GST uploads, return filing, TSS renewal, and license‑related alerts.
- Clearer view with Stripe View: Better visual separation in reports and vouchers so long lists are easier to read and review.
- Better language support: Use TallyPrime in local languages like those used in the Middle East and Bangladesh, even with different language preferences across networked systems.
- Smooth upgrade experience: Move from Release 3.0 or later to Release 5.0 simply by taking a backup and loading your data—no complex migration steps.
TallyPrime 4.0 – Dashboards and WhatsApp sharing
Since Release 4.0, TallyPrime has added several capabilities to make business management faster, more connected, and more automated. These releases focus on giving business owners better insights, smoother communication, and less manual work across accounting and banking.
From Release 4.0 onwards, TallyPrime has steadily improved in three big areas: business insights and reporting, connected communication with customers, and automated banking and compliance. Together, these updates make TallyPrime simplified software that keeps reducing clicks, errors, and effort as your business grows.
Key highlights of Release 4.0 in simple terms:
- Ready‑made business dashboards with charts and tiles so you can see sales, receipts, dues, and stock at a glance.
- Customisable dashboard views to track exactly what matters to you, like top customers or slow‑moving items.
- WhatsApp for Business integration to share invoices, ledgers, and reminders directly from TallyPrime.
- Simplified Excel import to bring in masters and transactions from spreadsheets with fewer steps and less technical effort.
- Usability improvements across reports and navigation to keep work fast and clutter‑free.
To know more details, read TallyPrime features.
