Tally Prime Release 3 Notes

Release Notes for TallyPrime and TallyPrime Edit Log Release 3.0 | What’s New!

TallyPrime and TallyPrime Edit Log Release 3.0 have made your GST experience a thing of delight and comfort.

The product now has the facility of maintaining a single Company data with multiple GST registrations, while enabling you to record transactions and view report for any specific GST registration or all GST registrations. It eases the process of recording GST transactions with automatic tax liability calculation for all transactions and enhanced tax analysis experience.

The facility to specify GST Rate and HSN/SAC Details separately in masters and the simple experience in overriding the values make recording GST transactions even easier for you.

The product takes care that your GST Return reports get updated as per the values specified in the transactions, without having the need to create Journal Vouchers to raise Tax Liability and claim Input Tax Credit. However, you have the flexibility to follow the process of recording Journal Vouchers, if needed.

Moreover, you can reconcile transactions of GSTR-2A with great ease. The facility to reset GST-related data enables you to erase the GST data imported from the GST portal for reconciliation, in case of mismatches in GST details. You can then re-enter values to match with the GST portal data, and then re-import the portal data to reconcile transactions.

In addition to that, Data Exchange supports exporting and importing of transactions of a specific or all GST registrations, as needed.

You can now gain the information you need and analyse your business data at a greater speed, as the all-new report filters are here to assist you in quick access to the required details in reports – all at your fingertips and within few clicks.

Data management activities such as migration, repair, and import will be all the smoother, as you will get to know the stages of the process, while a summary report informs you about masters and vouchers before the initiation and after the completion of process. On the other hand, identifying and resolving errors that occurred during the process is all the simpler.

If you are a TallyPrime Edit Log user, then you can download TallyPrime Edit Log Release 3.0.

Highlights – TallyPrime Release 3.0

Multiple GST Registrations in a Single Company

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.

With the facility of maintaining all your GST registrations in a single company, you can now:

  • Create GST registrations in the Company with:
    • All the GST registration details such as State, Address Type, Registration Type, and GSTIN/UIN
    • Periodicity of Return filing
    • Place of Supply
    • e-Invoice and e-Way Bill applicability
    • Reconciliation configuration
    • LUT/Bond Details, as applicable
    • Other details related to GST registration
  • Record transactions as per:
    • The GST rules applicable to a specific GST registration
    • Information provided for the GST Registrations, such as GSTIN/UIN and Address
  • Create voucher series for each GST registration to avoid conflicting voucher numbers
  • Open GST Return reports that are displayed at a greater speed for your immediate reference
  • Export GST Returns for a specific GST registration or all registrations, as needed
  • Use credentials of specific GST registration to log in for e-Invoice and e-Way Bill activities

Additionally, you can deactivate a specific GST registration in case of suspension or surrender. And you have the flexibility to reactivate the GST registration, whenever required.

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.

GST Rate and HSN/SAC Details

Entering GST Rate and HSN/SAC details has become all the easier, as you can enter those details in separate masters, as per your requirement. On the other hand, the facility to override the details during voucher creation imparts great flexibility.

You can now:

  • Set the source of GST Rate and HSN/SAC details under F11 Company features itself.
    Subsequently, when you create a voucher, the GST Rate and HSN/SAC details will be considered from the source set under F11 Company features.
  • Choose to update GST Rate details in one master (such as Stock Group) and HSN/SAC details in another master (such as Stock Item).
  • Override the GST and HSN/SAC details in any other master or during voucher creation.

GST Registration Details

You can now update the GST Registration Details (such as GSTIN and Registration Type) and Mailing Details (such as Address, State, or Country) for a registration in the masters in such a way that there will be no impact on:

  • The transactions recorded earlier.
  • The Returns filed in the previous months.

What’s more, with the newly introduced facility to check the history of updates in GST Registration Details, you can now know:

  • The nature of updates in GST Registration Details
  • The date on which the updates were made

Slab Rate in Masters

For items or services with varying GST rates for slabs of different amounts, you can now specify slab rates not only in Stock Items but also in the Stock Group, Ledger, and Company, as needed.

GST Transactions

Calculating tax in transactions has become all the easier, as TallyPrime considers GST rate and HSN/SAC details provided in the respective masters, while you can simply override the details during voucher creation, as needed.

With TallyPrime Release 3.0, you can now:

  • Record transactions for any of the GST registrations, when you maintain multiple GST Registrations in a single Company.
  • Set the Nature of Transaction in the voucher instead of having to do so for each ledger.
  • Override GST rates and HSN/SAC codes in transactions with great ease.
  • Change the GST Status of a transaction to Reconciled, Unreconciled, Mismatched, or Excluded, as needed.
    You can also do so for multiple transactions in the GSTR-2A Reconciliation report.
  • Move a voucher to a different Return period, simply by changing the Return Effective Date.
    You can also do so for multiple transactions in the GST Return reports such as GSTR-1, GSTR-3B, and GSTR-2A Reconciliation.
  • Mark Return as Signed so that you can track any changes done after signing the Return.
  • Amend a voucher for a future Return period by providing the Return Effective Date.
  • Make GST Adjustments by choosing from a wide range of options for Statutory Adjustments that cover a great deal of your business scenarios and practices.
    The options provided for Statutory Adjustments include Increase in Tax Liability, Increase in Input Tax Credit, Increase in Tax Liability & Input Tax Credit, and others.
  • Copy the GST Registration details from a master to a transaction seamlessly.
    The GST Registration details include:
    • Company GST Registration details (non-editable)
    • Party GST Registration details
    • Tax Rate details
    • HSN/SAC details
    • The setting of Include in Assessable Value
  • View the GST, e-Invoice, and e-Way Bill data of a voucher, exactly as it appears on the portal.

Apart from the above-mentioned facilities, you can also:

  • Calculate GST in Material In and Material Out vouchers.
  • View Tax Analysis in Purchase vouchers.
  • Select Place of Supply for both domestic and international suppliers.

What’s more, if you change a value that affects GST Returns, then TallyPrime will prompt you at the time of re-saving the voucher, so that you can take one of the following decisions:

  • Accept with difference in values and resolve the mismatch later.
  • Accept with difference in values, while ensuring that the voucher is not considered as mismatched.
  • Go back to the voucher and revert to the original values, if needed.

Default GST Registration for a Voucher Type

In case of multiple GST Registrations, you can set a default GST Registration for a specific Voucher Type.

For instance, if you record all Journal Vouchers for a specific office or location, then you can set the GST Registration of that location in the Voucher Type as the default one.

Subsequently, when you create the voucher, the default GST registration will be the one chosen in the Voucher Type, thereby saving time consumed in switching between the GST registrations.

Retention of Original Voucher Numbers for Automatic or Multi-user Auto

For Voucher Types with Automatic or Multi-user Auto method of voucher numbering, TallyPrime retains the original voucher number in case of voucher insertion or deletion.

This ensures that the voucher numbers of transactions remain intact despite insertion or deletion.

However, you can choose to renumber vouchers at the time of voucher insertion or deletion, if you follow the practice in your business.

Voucher Series for Specific GST Registration

For Companies with multiple GST registrations, you can create voucher numbering series for each registration and Voucher Type, so that there is no conflict of same voucher numbers in your data and also in the Returns.

GST Returns

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, so that you can easily:

  • View GST Returns for a specific GST registration or all GST registrations, as needed.
  • Track all the activities pending for filing Return across all periods using the Track GST Return Activities report.
  • Resolve the uncertain transactions with greater ease.
  • Accept transactions as is despite the mismatch in tax-related values, and find such transactions from within the respective report using the Transactions Accepted As Valid report.
  • Set Return Effective Date for more than one transactions, if you want to move certain transactions to a different Return period.
  • Amend a transaction from a signed Return with the New Return Effective Date, if needed.
  • Identify transactions that were modified or deleted after exporting them.
  • View the Track GST Return Activities report to: 
    • Identify the pending activities such as resolution of uncertain transactions, export, and signing. 
    • Take actions to complete the activities so that you can file the returns timely. 
  • View the report that gets updated with the relevant sections that appear based on the transactions recorded and actions to be performed.
  • Identify the pending actions across periods, which will be highlighted in amber.
  • View a preview report to review the Return information to be exported.
  • Export GST Returns for a specific GST registration or all registrations, as needed.
    You can do so from Exchange under the top menu:
    • For all GST registrations or a specific GST registration, in case of multiple GST registrations.
    • With section-wise JSON files, as needed.
    • In the format of your choice – JSON, MS Excel, or CSV.
    • With GSTR-3B data in MS Excel.
      This is exactly identical to the Excel utility on the GST portal, which makes filing GSTR-3B all the easier.

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:

  • Import GSTR-1 or GSTR-2A even in JSON files, apart from MS Excel and CSV.
  • Reconcile transactions:
    • After importing the Supplier’s transactions downloaded from the GST portal.
      You can do so even if the transaction are from a different Return period by updating the Return Effective Date.
    • By specifying the threshold limit of mismatch.
    • By ignoring prefix of zeros or special characters in the document number.
    • By configuring prefix used by a party in Document No. or Invoice No. to be ignored for reconciliation.
  • Manually mark the status of transactions as Reconciled or Mismatch, as needed.
  • Track reconciled transactions that are modified later.
  • Consider the Supplier’s Invoice No. and Date as Document No. and Date for reconciliation.

What’s more, for transactions that are on the portal and not in books or vice versa, TallyPrime helps you identify those with matching values but different document numbers, party GSTIN/UINs, or sections of the Return. This further helps you speedily reconcile the transactions.

Quick access to business information with Report Filters

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

  • Easily discoverable
  • Accessible in just one click
  • Enhanced to cover the gamut of business scenarios

In a report, you can now:

  • Search for the information across all the fields or a specific field in a transaction or master, as needed.
    You can search across an exhaustive range of fields available in transactions and masters such as:
    • GST details like, GSTIN/UIN, GST Rates, HSN/SAC.
    • Fields in supplementary details.
    • e-Way Bill and e-Invoice-related fields.
  • Select from the following types of filters, based on the specificity and complexity of information required:
    • Basic Filter, which works like a quick search engine.
    • Multi-Filter, which enables you to add more than one search criteria to find the information.
    • Advanced Filter, which helps you add search criteria to find the information across masters and transactions both. 
  • View Filter Details in just one click to know about the filter applied in a report.
  • Choose a default filter to be applied in any report, based on the frequency of use in your organization.

What’s more, you can save the view of a report in which you have applied the filters and refer to the filtered information quickly.

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 synchronisation. You can also view the progress of the activity in detail and resolve the exceptions, if any.

Improved Migration and Repair experience

Status for migration and repair

The status against the Companies will promptly let you know if a Company needs to be migrated or repaired.

Progress of migration and repair

Right from the verification of masters and transactions to the successful migration or repair of your data, the enhanced process keeps you abreast of the progress.

View Migration and Repair summary

At the end of data Migration or Repair, you can view a summary with the total vouchers and masters before and after the completion of the process.
This helps you know if there is a loss of data during the process.

View and resolve errors that occurred during the process

At the end of migration, repair, import, or synchronisation, you can easily:

  • Identify the exceptions that occurred during the process.
  • Resolve one or more exceptions at a time, as applicable.

What’s more, you have the flexibility to resolve exceptions at the end of the process or later, as per your convenience.

Reset GSTN data

When your imported GSTN data gets corrupted or the data is accidentally imported, it might cause problems in reconciliation.

However, TallyPrime now provides you with the facility to reset the imported GSTN data, which will erase the corrupted GSTN data, while keeping your book data intact.

Thereafter, you can again import the JSON file of GSTR-1 or GSTR-2A downloaded from the portal and continue to reconcile your transactions.

Connect or disconnect multiple companies on a single screen

You can now connect or disconnect multiple companies for online access using a single screen, thereby saving time that was consumed in selecting companies one by one.

This is especially useful for businesses that have multiple companies that you may need to connect online for remote working, synchronisation or browser access.

Product Improvements – TallyPrime Release 3.0

Tax Analysis for purchase vouchers (Composition dealers)

For Composition dealers, Tax Analysis is now available in purchase vouchers.

Altering last voucher number for Automatic (Manual Override)

In case of Automatic (Manual Override) voucher numbering method, when you made a voucher optional or deleted it, the subsequent vouchers got numbered as per the voucher number of the optional or deleted voucher.

You can now easily set or alter numbering details and alter the last entered voucher number, so that the future vouchers are numbered accordingly.

Identifying vouchers with duplicate voucher number or supplier invoice number

All the vouchers with duplicate voucher numbers or supplier invoice numbers can now be identified under Duplicate Voucher No. in the Uncertain Transactions (Correction Needed) section.

You can then make the necessary corrections before filing Returns.

Change in Voucher No. and Reference No.

When you changed the date of a voucher, the Voucher No. and Reference No. also got changed.

You now have a facility to retain voucher numbers when your method of voucher numbering is Automatic or Multi-user Auto.

Tracking of Advance Receipt from unregistered dealers

In GSTR-1 and GSTR-3B, you could not track advance receipts from unregistered dealers or consumers.

This issue is resolved.

Place of Supply in certain purchase vouchers

You can now add Place of Supply in purchase vouchers such as those recorded for:

  • An interstate party that avails services locally.
  • An interstate party that purchases goods locally and ships to their place.

Sales against advance received in previous period

Sales recorded against advance received in previous periods did not appear in GSTR-1 and GSTR-3B.

This issue is resolved.

Valid GSTIN considered invalid

A few GSTINs were considered as invalid, even if they were perfectly valid.

This issue is resolved.

GST calculation in Purchase voucher when Place of Supply was changed

In a purchase voucher, when you changed the Place of Supply in the Party Details screen, GST was still getting calculated as per the State entered in the party ledger.

GST will now be calculated according to the Place of Supply specified in the voucher.

Party details in Sales invoice alteration

When you altered a sales invoice and changed the Party ledger to Cash, the Registration Type of the party changed to Unregistered and the GSTIN/UIN got removed from the Party Details screen.

Now, when you change the party ledger, you can choose to either retain the original details from the ledger or update the information.

Incorrect Stock Value after recording Purchase voucher (Composition Dealers)

For Composition dealers, the values of some stock items appeared incorrectly in the Stock Summary.

This happened when you recorded a purchase voucher with stock items having different GST rates, and then added CGST and SGST ledgers created for the respective GST rates.

This issue is resolved.

CGST and SGST in Tax Analysis and Print Preview for multi-currency vouchers

When you recorded a sales invoice with multi-currency, CGST and SGST as displayed in Tax Analysis did not appear in print preview.

This issue is resolved.

Purchase-relatedNatures of Transaction not available for Ledgers created under Provisions

For the Ledgers created under Provisions, the Natures of Transaction related to purchase were not available.

You can now select purchase-related Natures of Transaction for ledgers created under Provisions.

RCM Purchases of Items ineligible for ITC in GSTR-3B

RCM purchases of items that are not eligible for Input Tax Credit (ITC) did not appear in the D. Ineligible for Input Tax Credit section of GSTR-3B.

This issue is resolved.

Configuring GST Details in Stock Group for Composition dealers

Composition dealers can now configure GST Details in Stock Group.

This helps to group multiple Stock Items with a common GST rate under a Stock Group, and provide GST details.

Specifying MRP Rate in a Stock Item for Composition dealers

Composition dealers can now specify the MRP Rate in a Stock Item.

Incorrect SGST and CGST calculation in invoices with discount recorded using voucher class

SGST and CGST were getting incorrectly calculated in sales invoices when discount was applied using voucher class.

This issue is resolved.

Vouchers with Ledgers created under Primary Group not included in GST Returns

Vouchers with certain Ledgers were not included in any GST Return.

This happened when the vouchers had a ledger created under a Primary group with nature of the group as Income/Expense.

This issue is resolved.

GST/e-Way Bill details in Sales Invoice in a Company at remote end

The Provide GST/e-Way Bill details option was not available in Sales invoice when you worked on a Company connected through remote access.

This issue is resolved.

Improvements in GSTR-1

Debit Note in Document Summary of GSTR-1

Debit Note appearing twice in Document Summary

When you recorded a Debit Note, it appeared twice in the Document Summary – under Invoices for Outward Supply and Debit Note.

The issue is resolved, as it will now appear only under Debit Note.

Debit Note (Purchase Return) and Credit Note (Escalation in Purchase Price) in Document Summary

Debit Note (Purchase Return) and Credit Note (Escalation in Purchase Price) transactions will now be considered in Document Summary.

Sales invoices for party with multiple addresses

After alteration, some sales invoices moved from B2B Invoices to B2C Invoices in GSTR-1.

This happened when you added another address in the party ledger and then altered the invoice. As a result, the Registration Type of the party changed to Unregistered.

This issue is resolved.

Selection of multiple invoices with Mismatch in GSTR-1

When you drilled down to the Nature of Transaction, Taxable value, rate of tax modified in voucher section from Uncertain Transactions (Corrections Needed) of GSTR-1, you could not select multiple invoices to resolve or accept as is.

This issue is resolved, as you can select multiple invoices and resolve or accept as is.

State Code for Dadra and Nagar Haveli in exported MS Excel file of GSTR-1

State Code for Dadra & Nagar Haveli and Daman & Diu was not available when you exported GSTR-1 as an MS Excel file.

This happened in the B2C invoices recorded for Unregistered dealers or e-Commerce operator.

This issue is resolved.

GST on total advance not recorded in GSTR-1

When you tracked partial advance against a Sales amount, GST on the total advance did not get recorded in GSTR-1.

GST will now get adjusted for partial advance, and you will be able to generate the liability for the rest of the advance amount.

Improvements in GSTR-3B

Import of Capital Goods

The transactions recorded for import of Capital Goods did not appear in the Import of Goods section.

Such transactions appeared in the No direct implications in return tables section.

This issue is resolved.

Taxable Amount of Stat Adjustment voucher for RCM Purchase in same month

The Taxable Amount did not appear under the 3.1 (d) Inward supplies (liable to reverse charge) section in GSTR-3B.

This happened when you recorded a journal voucher for Increase of Tax Liability & Input Tax Credit in the same month as that of the RCM purchase voucher.

This issue is resolved.

Uncertain Transactions in GSTR-3B

The uncertain transactions of sales and purchase will now appear in GSTR-3B, in addition to GSTR-1 and GSTR-2A.

GST on RCM Purchases not appearing in GSTR-3B

The liabilities recorded for RCM purchases and Input Tax Credit did not appear in GSTR-3B.

This happened when you recorded an RCM purchase voucher for RCM liability and the Input Tax Credit corresponding to the purchase in the same month.

This issue is resolved.

Handling negative value of sales or purchase in Return reports

When you uploaded a JSON file with negative sales or purchase value, it led to an error on the GST portal.

However, with the all-new facility of Return Effective Date, you can move such transactions to a different Return period, and ensure that the sales or purchase value is not negative for any period.

Reclaim of Reversal of ITC not appearing under Input Tax Credit Reversed

Transactions recorded for Reclaim of Reversal of ITC (On Account of Buyer Payment) did not appear in the Input Tax Credit Reversed section under Others.

This issue is resolved.

Error while uploading invoices with Exempt/Nil-rated and Taxable items

While filing GSTR-3B, when you uploaded an invoice containing Exempt/Nil-rated items along with taxable ones, the following error appeared:

Table 3.1 (a), (b) and (c) are auto-drafted based on values provided in GSTR-1. Table 3.1 (d) is not auto-drafted based on GSTR-1.

This issue is resolved.

Correcting and accepting vouchers as is in GSTR-3B in lesser time

In GSTR-3B, correcting and accepting vouchers as is took longer than expected, especially when navigating to the Uncertain Transactions (Corrections Needed).

It will now take significantly lesser time to correct and resolve vouchers.

Direct Expenses-related transactions not included in GSTR-3B

The transactions involving the Direct Expenses group were considered not relevant for GSTR-3B. They are now getting included in the Return.

Improvements in GSTR-2A Reconciliation

Reconciliation of vouchers with ledgers created under Current Liabilities

Even if all the values in a transaction matched with the portal data, some transactions did not get automatically reconciled. This happened to transactions with party ledgers created under Current Liabilities.

This issue is resolved.

Setting GST Status manually for Reconciliation

In GSTR-2A, the imported transactions could not be manually marked as reconciled.

This issue is resolved, as the facility of setting GST Status now works seamlessly.

Transactions of any period to be considered for reconciliation

TallyPrime now considers vouchers recorded in any period for reconciliation in GSTR-2A.

Purchase voucher of previous financial year in the current Return

Purchase vouchers from the previous financial year appeared in GSTR-2A Reconciliation of the current financial year.

This happened when you entered Supplier Invoice Nos. that were already used in the previous financial year for the same party.

Due to duplication of the Supplier Invoice No. for the same party, the purchase vouchers of the previous financial year appeared in the current financial year.

The purchase vouchers of only the current financial year will now appear in GSTR-2A Reconciliation, despite the duplication.

Re-saving Nil Rated transactions of GSTR-2A in lesser time

In GSTR-2A, re-saving vouchers took longer than expected for the transactions with Nil Rated stock items or ledgers.

It will now take significantly lesser time to do so.

Improvements in GSTR-4

Sales invoices in GSTR-4

In GSTR-4, Sales invoices were appearing in both the sections – Included in Return and Not Relevant for This Return.

Sales invoices will appear only in the Included in Return section.

RCM purchases from Unregistered parties not included in GSTR-4

RCM purchase transactions recorded for an Unregistered party were considered not relevant for GSTR-4. They are now getting included in the Return.

Incorrect Place of Supply in 4A&B (B2) Worksheet of GSTR-4

When you exported GSTR-4 in the MS Excel template provided by the department, Place of Supply was incorrect in 4A&B (B2B) Worksheet.

This issue is resolved.

Excluding transactions for e-Way Bill

User-excluded Transactions of e-Way Bill getting excluded from e-Invoicing

Certain vouchers used to get excluded from e-Invoicing.

This happened to the vouchers under User-excluded Transactions (Not relevant) of the e-Way Bill report.

This issue is resolved.

Partial selection to exclude multiple transactions from e-Way Bill report

In e-Way Bill report, you could not exclude all the selected invoices in the Missing/Invalid Information section.

It happened when there were lots of invoices to be excluded at once.

This issue is resolved, as you can now select as many invoices to exclude from the e-Way Bill report.

Deleted voucher displayed as Modified

In the Voucher Information Mismatch with QR Code section of the e-Invoice report, the deleted vouchers appeared as Modified, without the voucher date and e-Invoice-related details.

This issue is resolved, as the deleted vouchers will appear as Deleted, and the e-Invoice details will be retained.

MAV error during Data Split

In some cases, data split was interrupted by a Memory Access Violation (MAV) error.

This issue is resolved.


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