HomeTally Plug-Ins & Add-OnsSchedule III for Division I Release Note

 

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Release Note for Financial Statements

Release 1.1

Seamlessly Prepare Cash Flow Statement as per Indirect Method

You can now automate the preparation of the cash flow statement as per Indirect Method using the Financial Statements Plug-in in TallyPrime. This simplifies cash flow preparation with faster mapping, review, and finalisation, reducing overall effort and time.

Easily Identify and Reconcile Differences in Financial Statements

Use the Reconcile Differences worksheet in the smart Excel template to identify and analyse reconciliation gaps caused by opening balance differences in the Trial Balance in TallyPrime, partial mapping, or manual inputs, enabling faster review and resolution.

To know more about the product improvements in Release 1.0, click here.

Prepare Financial Statements for Corporate Entities & Non-Corporate Entities

Starting TallyPrime Release 7.1, use the MS Excel-based Add-on from TallyPrime to generate compliance‑ready financial statements for corporate and non-corporate entities. 

  • Enable the Add-on from the webpage. 
  • Export financial data directly from TallyPrime into a smart Excel template.
  • Review and complete account mapping with ease.
  • Provide the required inputs and disclosures within Excel.
  • Generate the financial statements seamlessly.
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