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Real-Time Invoice Management (IMS) | Enhanced HSN Summary | Smart Edit Log Report | Revised MSME Form-1
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What's new in TallyPrime?
Invoice Management System
TallyPrime’s IMS feature lets buyers track vendor sales in real-time, catch discrepancies early, and ensure timely, hassle-free Input Tax Credit and compliance.
Enhanced edit log
TallyPrime’s Edit Log Summary offers a clear snapshot of all edits, boosting transparency, reviews, and internal controls.
Revised MSME Form 1
TallyPrime now supports the revised MSME Form 1 for Supplier Summary reporting, as per updated MCA norms.
Automated accounting using bank statements
Create payment and receipt vouchers by simply importing bank statements in a few clicks.
Connected banking
Access live balances and get real-time transaction updates directly within TallyPrime.
Enhanced HSN Summary
TallyPrime now supports HSN Summary reporting in GSTR-1 with separate breakups for B2B and B2C supplies, in line with the GSTIN advisory effective from 1st May, 2025.