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What’s New in 7.2

TallyPrime Release 7.2 introduces powerful enhancements to streamline compliance, documentation, and everyday business operations. From dedicated purchase order print templates and simplified GSTR-9 preparation to extended e-Invoicing sessions, updated e-TDS & e-TCS return filing support, and UAE e-Invoicing exchange capabilities, the release helps you work more efficiently while staying compliant.

Further, your experience is enhanced with GST improvements, industry-specific updates, and usability enhancements that simplify transaction processing, reporting, and reconciliation, enabling faster and more accurate business management.

Invoice Print Templates

Invoice Print Templates are now applicable to Purchase Orders as well, ensuring consistency in the appearance of your business documents.

You can also automatically save changes made in Print, Export, and Share configurations to user templates using the Auto-save changes to user templates option.

 

Try Now: Discover Features Useful for Your Business

A Try Now tile keeps you posted about useful features, and helps you understand how they can benefit your business, so you can get more value from TallyPrime.

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Get Started with TallyIra

A new Get Started with TallyIra option is now available under F1 (Help).

  • If the Docs by Ira plug-in is not installed, it opens the TallyIra webpage to help you link your Serial Number and download the plug-in.
  • If the plug-in is already installed, it opens the Docs by Ira help content directly.

TDS/TCS Updates as per Latest FVU

TallyPrime Release 7.2 supports Protean (formerly NSDL) FVU Tool 1.2 by incorporating:

  • Non-Salary TDS and TCS Returns: Updated support for Forms 144, 143 and 140.
  • Salary TDS Returns: Updated support for Form 138.
  • Return Validation: Support for Interest Allocation, Others Allocation and Date of Payment in CD (Challan Details) and DD (Deductee Details), along with applicable validations.

GST Enhancements for Easier Compliance

Extended Login Session for e-Invoicing and e-Way Bills

TallyPrime now supports login sessions of up to 30 days for e-Invoicing and e-Way Bill services, in addition to the earlier 6-hour session validity. This reduces frequent sign-ins and helps ensure uninterrupted access while generating and managing e-Invoices and e-Way Bills. You can enable or disable the extended session as needed.

Calculate GST on tax-inclusive MRP for tobacco products

Gain improved visibility to Deemed Taxable Value and corresponding tax computation of Tobacco products in Voucher Tax Analysis, Invoice printing and GST Returns.

Simplify GSTR-9 Return Preparation by Exporting GSTR-9 Data

  • Export the HSN/SAC Summary or all sections from the Annual Computation report in TallyPrime to the GSTR-9 file.
  • Use the exported data to reconcile your books with the GSTR-9 data auto-populated on the GST Portal, and minimise manual data entry while preparing the return.

Other Release Notes

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