What is new in TallyPrime Release 7.1?

TallyPrime Release 7.1 introduces customisable invoice templates with logos, colours, fonts and terms & conditions; IMS fetch and reconciliation with Books View; Auto Wrap Text across reports, masters and transactions; enhanced banking with ICICI online payments and Potential Matches Summary; simplified GST compliance including HSN/SAC validation and e-Way Bills; new e-TDS and e-TCS returns under Income Tax Act 2025; secure OAuth e-mailing via Gmail and Microsoft; smarter accounting with percentage/amount discounts and reused deleted voucher numbers; centralised subscription management for TSS, TallyDrive and Cloud Access; and TallyDrive backup status, scheduling and Backup Logs from Gateway of Tally.

What is new in TallyPrime Release 7.0?

TallyPrime Release 7.0 introduces auto cloud backup to TallyDrive (runs even when software is closed), SmartFind to locate any master or transaction across all loaded companies, PrimeBanking for online payments with real-time status, seamless migration from any release, cancel e-Way Bill and e-Invoice together during voucher alteration, export GSTR-3B in a single JSON or Excel, IMS ITC updates with live portal sync, and JSON format data exchange for external app integration.

What was introduced in TallyPrime Release 6.1?

TallyPrime Release 6.1 introduced the Invoice Management System (IMS) for full ITC control — view matched, mismatched and missing invoices, mark them as Accepted, Rejected, Pending or No Action, and recompute GSTR-2B in one click. It also added Edit Log Summary to track all altered, deleted and non-altered vouchers and masters user-wise, and a revised MSME Form 1 Annexure with PAN details and paid/outstanding bill breakup.

What are the key features of TallyPrime Release 6.0?

TallyPrime Release 6.0 introduced Connected Banking — check real-time bank balances and statements inside TallyPrime, auto-reconcile exact matches, and create vouchers automatically from bank statement entries. It also added a Banking Activities report, updated Data Split with enhanced verification, Finance Bill 2025-26 tax slabs with rebate under 87A, and bilingual English and Arabic invoices for Kuwait and Qatar.

What changed in TallyPrime Release 5.1?

TallyPrime Release 5.1 simplified GST conflict resolution between Masters and Transactions, added bulk conversion of B2B transactions with inactive GSTINs to B2C, enabled multi-period and multi-registration GSTR-1 export into a single Excel file, automated e-Way Bill distance calculation by pincode, added support for e-Way Bills on Material In and Out vouchers, updated payroll with FVU 8.6, and improved Arabic printing with amounts in words.

What did TallyPrime Release 5.0 add?

TallyPrime Release 5.0 introduced Connected GST — upload GSTR-1, GSTR-3B and CMP-08 and file returns without visiting the GST portal. It also added automated TDS under Section 194Q for purchases above ₹50 lakh, the Tally Plug-In Manager with TallyCapital loan eligibility, Arabic and Bangla language support for multi-user setups, Stripe View for easier report reading, and Bell icon alerts for TSS renewals and GST return activities.

What is covered in TallyPrime Release 4.1?

TallyPrime Release 4.1 added MSME compliance features — set up and track UDYAM Registration Details, print invoices with UDYAM information, track overdue receivables for MSME suppliers, and quickly identify unpaid MSME bills for deductions under Section 43b(h) of the Income Tax Act. It also added an e-Commerce Summary for GSTR-1 reporting of sales through platforms like Amazon, Flipkart and Myntra.

What features were added in TallyPrime Release 4.0?

TallyPrime Release 4.0 introduced WhatsApp sharing to send invoices, reports and payment reminders to one or many parties in a single click. It also added Excel import to map any column format to Tally fields, a graphical Dashboard with cash flow and revenue tiles, printing of previous and current balances in invoices, and partial UPI payments with QR codes in all invoice formats.

What did TallyPrime Release 3.0 introduce?

TallyPrime Release 3.0 enabled a single company to manage multiple GST registrations — record transactions, view reports and file returns per registration from one data file. It also introduced Payment Requests with UPI payment links and QR codes, enhanced GSTR-1, GSTR-2A and GSTR-2B reconciliation with reset and re-import capability, and Basic, Multi and Advanced report filters.

TallyPrime Release Notes – 4 Quadrant Solutions

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TallyPrime Release Notes

Explore release notes from version 1.0 to 7.0 — new features, compliance updates, and improvements that help your business run better and stay ahead.

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TallyPrime Release Notes

Browse the full TallyPrime release notes below, from the latest Release 7.1 down to the foundational 1.x builds. Each entry summarises what changed, what was added, and what it means for your business.

Release 7.1

2026

Latest

TallyPrime 7.1 Features & Enhancements

Discover the latest TallyPrime 7.1 features designed to simplify accounting, GST compliance, banking, invoicing, and everyday business operations.

Invoice Templates IMS Reconciliation Auto Wrap Text ICICI Payments GST Compliance e-TDS / e-TCS OAuth E-mailing TallyDrive Backup

Create professional invoices with ready-to-use templates, logos, colours, fonts, images, and terms & conditions

Fetch supplier details using GSTIN/UIN and reconcile IMS transactions with your books using Books View

Improve readability by automatically wrapping long text across TallyPrime reports, masters, and transactions

Make online payments through ICICI Bank and simplify bank reconciliation with Potential Matches Summary

Manage GST returns, HSN/SAC validation, e-Way Bills, and GST portal activities with greater ease

Generate compliant e-TDS and e-TCS returns using the latest Income Tax Act 2025 return forms

Send invoices, reports, and business documents securely using Gmail, Microsoft, and other supported e-mail providers

Apply discounts by percentage or amount and easily reuse deleted voucher numbers

View and manage TSS, TallyDrive, TallyPrime Cloud Access, and other subscriptions from one place

Check scheduled TallyDrive backup status, schedule backups, and review Backup Logs directly from the Gateway of Tally

Release 7.0

2026

TallyPrime Release Notes 7.0 — Cloud Backup, SmartFind & PrimeBanking

The most powerful version yet — auto cloud backup to TallyDrive, instant SmartFind across all companies, online PrimeBanking payments, seamless migration, and enhanced GST & ITC management.

Cloud Backup SmartFind PrimeBanking Smooth Migration GST Simplified IMS ITC JSON Exchange

Schedule backups to TallyDrive or local storage — runs even when the software is closed

Centralised Backup Management — view, create, edit, delete & take instant backups

PrimeBanking: online payments with transaction limits, real-time status & automated supplier advice

SmartFind: locate any master or transaction across all loaded companies — even with partial spelling

Migration from any release — continue working during migration, stop & resume anytime

Cancel e-Way Bill, e-Invoice & voucher all at once during voucher alteration

Export GSTR-3B in a single JSON or Excel for a return period

IMS ITC: update declared values per invoice with live portal sync; send remarks for clarity

Export & import data in JSON format for smooth external app integration

Release 6.1

2025

Release 6.1 — Invoice Management System & Edit Log Summary

Full ITC control with IMS, comprehensive Edit Log Summary for audit trails, revised MSME Form 1, and smarter banking reconciliation.

IMS Edit Log Summary MSME Form 1 Banking

IMS Inward Supplies: view matched, mismatched & missing invoices from suppliers

Mark invoices as Accepted, Rejected, Pending, or No Action for precise ITC control

IMS–ITC Summary: consolidated view of Available, Pending & Rejected ITC

Recompute GSTR-2B in one click based on IMS actions; add remarks for audit reference

Edit Log Summary: track all altered, deleted & non-altered vouchers & masters, user-wise

Revised MSME Form 1 Annexure with PAN details & paid/outstanding bill breakup

Release 6.0

2025

Release 6.0 — Connected Banking & Transformed Reconciliation

Real-time bank balances & statements inside TallyPrime, auto-reconciliation, automated voucher creation from bank statements, Data Split improvements, and Finance Bill 2025-26 tax slabs.

Connected Banking Auto Reconciliation Auto Vouchers Data Split GCC Bilingual New Tax Slabs

Connect all bank accounts — check real-time balances & get statements securely

Auto-reconcile exact matches; smart Potential Match suggestions for the rest

Create vouchers automatically from bank statement entries — narration & amounts auto-filled

New Banking Activities report: overview of all bank ledgers, pending actions & e-Payments

Updated Data Split: single or two-company split with enhanced data verification prompt

Finance Bill 2025-26: new tax slabs, rebate under 87A & marginal tax relief support

Kuwait & Qatar: bilingual English & Arabic invoices with or without VAT

Release 5.1

2024

Release 5.1 — GST Enhancements & Payroll Compliance

Simplified GST conflict resolution, bulk B2B to B2C conversion, multi-period GSTR-1 export, FVU 8.6 payroll updates, and improved Arabic printing.

GST Conflict Fix Bulk B2B → B2C Multi-period GSTR-1 FVU 8.6 Payroll Arabic Printing

Resolve GST conflicts between Masters & Transactions effortlessly

Bulk convert B2B transactions with inactive GSTIN to B2C in one click

Export GSTR-1 for multiple periods and registrations into a single Excel file

Automated distance calculation for e-Way Bill — no manual pincode entry needed

Generate e-Way Bills for Material In and Material Out vouchers

FVU 8.6: PF excluded from ITeTDS.txt for employees under New Tax Regime

Amount in words now printed in Arabic when display language is set to Arabic

Release 5.0

2023

Release 5.0 — Connected GST, TDS 194Q & Arabic Language

Complete GST compliance from within the software, automated TDS Section 194Q, Tally Plug-In Manager, Arabic & Bangla language support, Stripe View and Bell notifications.

Connected GST TDS 194Q Plug-In Manager Arabic & Bangla Stripe View Bell Alerts

Upload GSTR-1, GSTR-3B & CMP-08 directly; file GSTR-1 without opening the GST portal

Real-time party GSTIN validation — fill GSTIN and party details auto-populate

Automated TDS on purchases above ₹50 lakh under Section 194Q

Tally Plug-In Manager: access TallyCapital, check loan eligibility inside the app

Arabic & Bangla: each user works in preferred language simultaneously in multi-user setup

Stripe View: alternating row highlights for easier reading of high-volume reports

Bell icon alerts for TSS renewals, license management & GST return activities

Release 4.1

2023

Release 4.1 — MSME Compliance & e-Commerce GSTR-1

UDYAM registration tracking, Form MSME-1 filing support for overdue payments, and e-Commerce Summary for GSTR-1 reporting of online sales.

MSME UDYAM e-Commerce GSTR-1 Form MSME-1

Set up & track UDYAM Registration Details for your company and MSME suppliers

Print invoices with UDYAM details; track overdue receivables & send reminders

Quickly get all unpaid MSME bills for deductions under Section 43b(h) of Income Tax Act

e-Commerce Summary: taxable values & GSTIN-wise sales for Amazon, Myntra, Flipkart etc.

Release 4.0

2023

Release 4.0 — WhatsApp Sharing, Excel Import & Dashboard

Send invoices and reports via WhatsApp in one click, import masters & transactions from any Excel format, and analyse business health with a graphical dashboard.

WhatsApp Excel Import Dashboard Payment Request

Send invoices, reports & reminders to one or many parties via WhatsApp in a single click

Import masters & transactions from MS Excel — map any column format to Tally fields

Graphical Dashboard: cash flow, revenue trends, expense patterns — customisable tiles

Print previous & current balances in invoices for easy party ledger reconciliation

Partial UPI payments for Payment Requests; QR codes in all invoice formats

Release 3.0

2022

Release 3.0 — Multiple GST Registrations & Payment Requests

One company with multiple GST registrations, payment links & QR codes, powerful report filters, and enhanced GSTR-1/2A/2B reconciliation.

Multi-GST Payment Request Report Filters GST Reconciliation

Single company data with multiple GST registrations — no more separate files per state

Record transactions, view reports & file returns per registration, all from one place

Payment Request: instantly generate & share UPI payment links and QR codes

Reconcile GSTR-1, GSTR-2A & GSTR-2B; reset & re-import portal data when mismatched

Basic, Multi & Advanced filters across all transaction and master fields

Earlier

1.x – 2.x

Releases 1.0 to 2.1 — Foundational Builds

These early TallyPrime release notes document the foundational version — the "Go To" navigation, customisable reports, GST filing, e-Invoicing, and TDS compliance that the product is built on.

"Go To" navigation for instant access to any report or master

Customisable reports — slice & dice data any way you need

Core GST, TDS & TCS compliance, e-Invoicing & e-Way Bill foundation

Still on 1.x or 2.x? Contact us — we'll handle your migration to 7.1 safely

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