< class="bt_bb_headline_tag">TallyPrime Release 3February 11, 2023by Bhavik Seth
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TallyPrime – A next generation business solution which was an upgrade from earlier Tally.ERP9, was launched in December 2020

Since then, there have been various enhancements and updates with features such as – Audit Trail, Digital Signature, E-way Bill, E-invoicing & more

Tally now brings us TallyPrime Release 3.0! So what’s new?

Here are all the new features & updates introduced in Release 3.0

  • Multiple GSTN in a Single Company Data

Multiple GST registrations in a single Company data brings in a simpler GST Return-filing experience, as you can file GST Return for each GST registration separately using GST reports of a single Company data. It saves you from the trouble of maintaining different Company data for different GST registrations. This, in turn, saves a great deal of time, as you can work to prepare for GST Returns of each GST registration in a single Company data.

  • GSTR-2A Reconciliation 

The experience of reconciling your transactions in GSTR-2A with the transactions of your suppliers is further simple. This ensures that the information in your books matches that on the GST portal. Moreover, the facility to identify potential matches to unreconciled transactions in your books aids to the ease of the reconciliation process.

You can now:

  1. Import GSTR-1 or GSTR-2A even in JSON files, apart from MS Excel and CSV.
  2. Reconcile transactions:
  3. Manually mark the status of transactions as Reconciled or Mismatch, as needed.
  4. Track reconciled transactions that are modified later.
  • Specifying GST Details

You now have the flexibility to specify and update the details related to GST Rate and HSN/SAC separately in different types of masters, as needed. Updating GST registration details of a party has also become simpler. Furthermore, you can specify slab rates in any master – be it stock item, stock group, ledger, or group, as needed.

  • New Report Filters – For quick access to business info

Finding required information and data analysis has become all the faster, easier, and delightful with a versatile facility for applying filters that is:

  1. Easily discoverable
  2. Accessible in just one click
  3. Enhanced to cover the gamut of business scenarios
  • Blazing Speeds for GSTR-1

TallyPrime Release 3.0 enables much faster opening of GST Returns for your immediate reference. Moreover, filing GST Returns becomes all the simpler as GST reports such as GSTR-1 and GSTR-3B are enhanced.

  • Enhanced data management experience

The improved data management facilities not only ensure that the migration to the release is seamless but also delight you with enhanced simplicity in migration, repair, import, and synchronization. You can also view the progress of the activity in detail and resolve the exceptions, if any.

Watch this short video as we walk you through the demo of TallyPrime Release 3.0

Conclusion

These were some of the major functionalities brought about in Release 3.0 , although there are many more enhancements & improvements as well

Software@Work is a Tally Certified 5-Star Partner since 30-years and has assisted thousands of businesses enhance efficiency with Tally

To know all about TallyPrime Release 3.0, call us on 7303030000 or email at [email protected]