Blog Details

What’s New in TallyPrime 6?

✅ Transformed Banking with Connected Banking: Experience a completely revamped banking module, including Connected Banking, which allows real-time access to bank statements and balances within TallyPrime.

✅ Enhanced Bank Reconciliation: Automatically reconcile exact matches, get smart suggestions for potential matches, and simplify reconciliation with new features like Opening BRS and automated voucher creation from bank statements.

• Auto-Reconciliation of Exact Matches: TallyPrime automatically matches book transactions with bank transactions, significantly reducing manual effort.
• Smart Suggestions for Potential Matches: The system suggests possible matches based on transaction patterns, ensuring accuracy
• Flexible Matching Options: Users can match a single transaction to multiple bank entries or vice versa.
• Opening BRS for First-Time Users: If you’re reconciling for the first time, TallyPrime lets you set a reconciliation date and carry forward unreconciled transactions for better tracking.
• Seamless Data Handling in Split Companies: If a company is split, unreconciled transactions automatically appear in the Opening BRS report, ensuring continuity.
• Enhanced Reports for Better Visibility: The new Bank Reconciliation Summary provides a consolidated view of book balances, bank balances, withdrawals, deposits, and unreconciled e-payments.
• Banking Activity Dashboard: Get a complete overview of all bank-ledger-related actions, making reconciliation even more seamless.

✅ Automated Accounting Using Bank Statements: Create vouchers using bank data in just a few clicks, eliminating repetitive data entry and making accounting easier.

✅ Integrated Payments and Accounting: The new e-Payments report integrates accounting and reconciliation, enabling better tracking across 18+ banks.

✅ Improved Data Splitting: A streamlined Data Split feature with enhanced verification, flexible split options, and a progress bar for clarity.

✅ Latest Tax Compliance Updates: Supports the Finance Bill 2025-26 Income Tax slab rates and Phase III of HSN Summary, including a detailed breakdown of B2B & B2C Supplies.

✅ Bilingual Invoices for GCC: Businesses in GCC countries can now print bilingual invoices, with or without VAT.

✅ Enhanced GST, TDS, and VAT Features: Several refinements have been introduced to improve compliance and reporting.

✅ New and Revamped Banking Reports: Features like Banking Activities, Bank Reconciliation Summary, and Bank Reconciliation make tracking and reconciliation easier than ever.