Taxation and Compliance

Prevention, detection and correction technology for accurate return filing

GST compliance and filing

GST compliance and filing

Whether you file GST returns yourself or share the data with your tax consultant, TallyPrime makes GST filing simpler for you. The built-in capability of error detection and correction ensures that you file your GST returns correctly.

GST Compliance and Filing

e-Invoice

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e-Invoice

With TallyPrime, you can generate e-invoice instantly with no changes to invoicing process that you follow. With TallyPrime’s connected services, you can automatically generate e-invoice and print IRN & QR code on the invoices without manual intervention. TallyPrime also supports the bulk generation of e-invoices and offline generation e-invoice file (JSON) to handle exigency scenarios.

Fully connected e-way bill solution

Fully connected e-way bill solution

Using TallyPrime’s online connected e-way bill solution, you can instantly generate e-way bill for a single invoice in the flow of recording invoice or multiple invoices from a report. All you need to do is just record an invoice and TallyPrime will automatically generate e-way bill and capture e-way bill number on the invoice. This comes with an option to extend, cancel and update e-way bill details online within TallyPrime.

E-way Bill

Audit trail compliant as per MCA’s guidelines

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Audit trail compliant as per MCA’s guidelines

Stay audit trail (edit log) compliant using TallyPrime EL release from day one. You can maintain the necessary edit logs, as required, for each transaction/master, along with the date & time, including the details of users and deleted transactions. The best part is that you can get to know the modified elements by comparing them quickly with a previous version.

GST compliance for composition dealers

GST compliance for composition dealers

Businesses who have opted for composition scheme can manage their compliance easily using TallyPrime. From recording Bill of Supply to generating GSTR-4/CMP-08 in the prescribed format Tally makes it simpler and easier.

GST Compliance for Composition Dealers

Managing TDS and TCS is no longer tedious

Managing TCS and TDS

Managing TDS and TCS is no longer tedious

In TallyPrime, you can manage TDS and TCS requirements for your business in an accurate and simplified manner. The return forms are designed to detect errors/incomplete details and allow you to correct them seamlessly, so that the return is 100% fool-proof.

Always stay compliant

Always stay compliant

No worries of changing laws, you are always up to date and compliant with TallyPrime. Regular product releases ensure that new laws, law changes, returns etc. are supported on-time.

Support for previous tax regimes VAT/CST, excise

Support for Previous Tax Regimes

Support for previous tax regimes VAT/CST, excise

Wondering how to manage business data of previous tax regimes? With TallyPrime, you can manage data from both the previous and current tax regimes in a single company. Viewing transactions and getting reports for the complete financial year is also not taxing anymore.

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Other features to manage compliance with ease

  • Easy and quick to configure the tax details via GST Rate Set-up
  • You can export the return data in the multiple formats. For e.g. GST Return data in JSON and MS-Excel
  • Generate consolidated e-Way Bill by selecting the required invoices

GST returns and statements in TallyPrime

Returns for regular dealer

  • GSTR-3B
  • GSTR-1
  • Annual computation

Returns for composition dealer

  • GSTR-CMP-08
  • GSTR-4
  • GSTR-9A

GST reports and statements

  • Incomplete/Mismatch summary
  • Input Tax credit summary
  • Advance receipt tax liability
  • Revere charge tax summary
  • HSN/HAC summary
  • Document summary
  • Challan Reconciliation report
  • e-Invoice status report and registers
  • e-Way bill report and register

Business reports in TallyPrime

With TallyPrime, you get access to a wide range of reports that help you analyse business performance and improve decision-making. What’s more? You can access business reports on your mobile or any device, from anywhere. Experience now with the sample data.

Accounting Reports
  • Ledger reports
  • Cash/bank books
  • Purchase/sales register
  • Bills receivables
  • Bills payables
  • Bills ageing analysis
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GST in TallyPrime

Don't just take our word for it! Give it a try

We want you to experience the product and understand how it suits your business. Tally comes with a 7-day free trial that gives you full access to all the features of the product. Go ahead, give us a try!