HomeRelease NotesRelease Notes 7.0

 

Table of Contents

 

What’s New in 7.0 Beta

TallyPrime Release 7.0 introduces powerful new features to enhance productivity and compliance. Auto Backup ensures data safety and accessibility. PrimeBanking Payments simplifies the payment and reconciliation process. SmartFind helps you quickly locate details across masters and transactions. GST updates include ITC reduction in IMS and improved e-Invoice & e-Way Bill handling.

Performance improvements help you load companies and reports with greater speed. JSON Data Exchange enables smooth integration with external applications, while smoother migration adds flexibility to your day-to-day tasks.

 For a seamless upgrade, ensure a valid TSS and updated license.

 

Auto Backup - Safe & Effortless

Schedule backup of your data to TallyDrive or local storage as per your set frequency. Schedules run even when TallyPrime is closed.

TallyDrive – Cloud Backup Storage
Securely back up data on cloud. Optionally protect backups with a Backup Password and Recovery Key for authorised restore.

Centralised Backup Management
Use Schedule Backup report () to view, create, edit, delete, and move schedules, or take instant backups. Access Manage TallyDrive report () to track storage and manage or download backups.

Flexible Restore
Restore data including specific versions from TallyDrive, local drive, or downloaded backups.

Easy PrimeBanking Payments

Online Payments: Streamline your payment process by online PrimeBanking payments.

Set Transaction Limits: Stay in control of online payments with single & daily transaction limits.

Update Payment Status Online: Getting the online payment status gives you a clear picture of the payments and any necessary action.

Automated Payment Advice: Strengthen communication with your suppliers with automated payment advice, at payment completion.

Refresh Bank Connection Status: Get a real-time view of your bank connections.

SmartFind: A Smarter Way to Locate

TallyPrime brings you a powerful way to instantly locate your entered details.

With SmartFind, you can:

  • Find what you need, even if you don’t remember the exact name or spelling.

  • Locate details entered in masters & transactions, across all loaded companies, all without leaving your screen.

Robust Migration Experience

Migrating to the latest release from any TallyPrime release is now smooth & hassle-free.

If you are migrating from TallyPrime 2.1 or earlier or Tally.ERP 9 Release 5.0 or later, you can:

  • Stop and resume the migration anytime, without the need to start over.

  • Continue working, as usual, in the previous release. All the updates will automatically appear in the migrated company.

GST Compliance Simplified

With TallyPrime, you can now:

ITC Reduction Made Simple in IMS

  • Amendments Covered: Record ITC reduction for B2BA, CDNRA & B2BDNA invoices.

  • ITC Clarity in Each Invoice: Update declared ITC values individually in each invoice for precise tracking.

  • Live Portal Sync: After upload, the declared ITC values sync with the GST portal and appear in TallyPrime GST reports.

  • Send Remarks: Add Remarks for Pending & Rejected invoices in IMS and exchange it with the portal, for better clarity & tracking.

JSON Data Exchange with Ease

You can now export and import data in JSON format in TallyPrime, in addition to other formats such as Excel and XML.

This enables smooth integration with external applications, while ensuring accuracy, consistency, and reliability in the exchange of data.

Optimise Company & Report Loading

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