Applies to: TallyPrime Release 6.0 and later
Bharat Connect for Business in TallyPrime
| FAQ |
Bharat Connect, by the National Payments Corporation of India (NPCI), is a digital platform for B2B billing and payments. It works with any ERP system like TallyPrime, Zoho, or Easebuzz. Businesses can send invoices, receive payment details, and accept or reject transactions, all in the comfort of their business systems.
Refer to Bharat Connect by NPCI | Bharat Bill Payment System (BBPS) for more details.
Suppliers and buyers can use the Bharat Connect plug-in on TallyPrime Release 6.0 or later. Currently, the plug-in handles sales-purchase-payment-receipt cycle.
You just configure the Bharat Connect for Business plug-in and activate it using your Tally.NET admin credentials. Both admin and non-admin Tally.NET users can use the plug-in.
To start using the Bharat Connect platform, register your GSTIN through the plug-in. An admin or a non-admin Tally.NET user can do the registration. Once verified via an OTP sent to the mobile number linked with GSTN, you’ll receive a unique B2B ID for each GSTIN.
The Tally.NET user who registers a GSTIN has access to that GSTIN. Any other user may get access to the GSTIN later.
If you decide not to use Bharat Connect, you can deactivate any linked GSTINs/UINs in a simple manner as you activated it. Later, you may activate them anytime.
Users who have access to the plug-in can log in to the plug-in and do transactions for the accessible GSTIN in TallyPrime.
Set Up Bharat Connect for Business in TallyPrime
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Configure the plug-in on TallyPrime Release 6.0 or later.
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Enable the plug-in using your Tally.NET admin credentials.
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Log in to the plug-in with your Tally.NET ID and password.
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Register your GSTIN with Bharat Connect via the plug-in. Admin or non-admin user can do this.
Once the B2B ID for a GSTIN is obtained, you can start transactions and avail services from the platform seamlessly using TallyPrime.
Secure Connected Transactions with Login & Logout
To do transactions via Bharat Connect platform you need to log in to the Bharat Connect for Business plug-in in TallyPrime. A session will last for 24 hours.
After the work for the day is done or any time required, you can simply log out.
Update Party Ledger with the Party B2B ID
For you to avail services from Bharat Connect platform, your counter party should also be registered on Bharat Connect.
In TallyPrime, you can update the B2B ID of your buyers and suppliers in the Party Ledger.
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If you already know the party’s B2B ID, directly update it.
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After you register your GSTIN,
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Search for the B2B IDs of your parties who are already registered on the Bharat Connect platform and update their B2B IDs.
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If your party is not registered on Bharat Connect, you can send an invite to join Bharat Connect.
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Supplier Activities
As a supplier, you can do two activities.
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Create a sales invoice and send it to your buyer via the Bharat Connect platform. This can be done as part of Sales voucher creation in TallyPrime.
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Once you receive the payment details from the buyer via Bharat Connect platform, create receipt voucher and accept the payment details. You may accept the payment details first and then create a payment voucher.
As a supplier, you have the option to reject the payment details and return to the buyer. You can also accept modifications and handle rejections, and update your books.
Buyer Activities
As a buyer, you can do two activities.
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Once you receive the supplier invoice via Bharat Connect platform, create purchase vouchers with details auto-filled from the supplier invoice, and accept the invoice. You may accept the invoice first and then create a purchase voucher.
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After accepting the supplier invoice, you can create the Payment voucher and send the payment details through Bharat Connect.
As a buyer, you may partially or completely reject the sales voucher and return to the supplier. Partial payments can also be made. In case the supplier rejects your payment details, it can be updated in your books.
Reports to Track Transactions via Bharat Connect
Bharat Connect for Business plug-in has reports for suppliers and buyers.
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Bharat Connect Activities – Supplier report: Shows Sales and Receipt transactions
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Bharat Connect Activities – Buyer report: Shows Purchase and Payment transactions
You can view the transactions via Bharat Connect and transactions in the Books.
Transactions appear under different sections in the reports based on their status and action needed from you. Once you take the action, the invoice will appear in the relevant section.
