TallyPrime Questions & Answers

Tally software is designed to help users calculate monetary quantities, taxes, accountancy, and GST amounts and manage commercial transactions easily and effortlessly. The data stored in Tally can be easily accessed and managed anytime.

To delete a company in TallyPrime, you're supposed to follow the simple steps mentioned below:

• Choose the company that you want to delete
• Click on Gateway of Tally> F3: Company Information
• Select Alter
• Click on Enter
• Now click on the company that you want to remove permanently
• Press Alt+Delete 

To change the current period in TallyPrime, click on Gateway of Tally> Click F2, add the period, and enter the desired dates. In this way, vouchers can be easily recorded in similar company data. This, in turn, will help you maintain zero downtime.

To cancel an e-invoice in the TallyPrime accounting solution, follow 3 simple steps mentioned below:

• Go to E-Invoice Reports
• Select the invoice and choose to cancel
• Provide a valid cancellation reason

Once all 3 steps are properly followed, yo,u can cancel ablenvoice in TallyPrime.

To activate the Audit Trail feature in Tally Prime, you need to follow these steps:

• Open Tally Prime and load the company you want to activate the Audit Trail.
• Navigate to the Gateway of Tally.
• Press F11.
• Select Enable Product & Features.
• Scroll to the Enable Security Control option and set it to Yes.
• If prompted, enter the administrator's username and password.
• Enable the Use TallyVault Password option.
• Set the Use Security Control option to Yes.
• For the Administrator, you can set the permissions accordingly.

To split TallyPrime data, open the split data company screen and select gateway of Tally> Alt+Y>Split>Split Data.

To delete ledger in TallyPrime you are supposed to go to gateway of Tally and choose account info. Once the option is scuessfully chosen click on ledgers>alter>Press Alt+D.

To change financial year in TallyPrime accounting software you can follow the steps given below:

Open Tally Prime
Select the company for which you would like to edit or change the financial year. 
Alter all the necessary company details. 
In the company alteration screen, change the financial year.
Once done, save all the changes.
Lastly, verify the changes.

To enable e-Invoicing in TallyPrime, follow these steps:

Step 1: Update TallyPrime
Ensure you have the latest version of TallyPrime. If not, download and install the latest version from the Tally Solutions website.

Step 2: Enable e-Invoicing in TallyPrime

• Open TallyPrime and navigate to the Gateway of Tally.
• Select F11: Features > F1: Accounting Features.
• Set Enable Goods and Services Tax (GST) to Yes.
• In the GST Details screen, set Set/alter e-invoicing details to Yes.
• Enter the required details, such as the e-Invoice Registration Portal (IRP) URL, User ID, Password, and other relevant information.
• Save the configuration.

Step 3: Configure GST and e-Invoice Details for Ledger

• Go to Gateway of Tally > Accounts Info > Ledgers > Alter.
• Select the ledger for which you want to enable e-Invoicing.
• In the ledger alteration screen, set the appropriate GST details (such as GST Registration Type and GSTIN/UIN).
• Save the changes.

Step 4: Create or Alter Sales Voucher

• Navigate to Gateway of Tally > Vouchers.
• Select F8: Sales to create a new sales voucher or alter an existing one.
• Enter the required details, such as the Party’s GSTIN, Invoice Details, Taxable Value, GST Rates, etc.
• Press Ctrl+A to accept and save the voucher.

Step 5: Generate and Upload the e-invoice

• After saving the sales voucher, press Alt+I (More Details) and select e-Invoice.
• Select Generate e-Invoice.
• The system will generate a JSON file for the e-invoice.
• Log in to the e-Invoice Portal (IRP) and upload the JSON file to generate the IRN (Invoice Reference Number) and QR Code.
• Download the IRN and QR Code from the portal.

Step 6: Update e-Invoice Details in TallyPrime

• Go back to the sales voucher in TallyPrime.
• Enter the generated IRN and attach the QR Code.
• Save the voucher with the e-invoice details.

A gold membership for a single user is not available for Tally Prime. A single user can get the silver rental plan on a monthly basis or a silver plan for a one-time payment of INR 22,500 +18% GST (INR 4,050)