Tally e-Billing Nepal Edition
Businesses in Nepal are required to comply with the Inland Revenue Department (IRD) regulations, which include issuing IRD-compliant invoices, maintaining business records, and, where applicable, reporting sales transactions through the Central Billing Monitoring System (CBMS). Businesses with an annual turnover exceeding NPR 5 million for goods or NPR 2 million for mixed businesses must register for VAT. The VAT rate in Nepal is 13%. Businesses with an annual turnover exceeding NPR 10 crore, or restaurant businesses with an annual turnover exceeding NPR 5 crore, must synchronise sales invoices and sales returns with the CBMS portal.
If you are in a business dealing with Liquor or other tobacco products, then Excise is applicable along with VAT.
Tally e-Billing Nepal Edition is a web-based business management application that enables businesses to manage sales, purchases, sales returns, purchase returns, and reports in compliance with IRD requirements from a single application. It supports the generation of IRD-compliant invoices and enables eligible businesses to synchronise sales invoices and sales returns with the CBMS portal.
With Tally e-Billing, you can create and manage accounting and inventory masters, record business transactions using configurable voucher types, monitor CBMS synchronisation, access operational and statutory reports, manage user access through security controls, and back up business data when required. The application also provides audit and inventory reports to help monitor business operations and ensure compliance with statutory requirements.
Ensure that:
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You are on TallyPrime Release 7.0 or later.
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You have Tally e-Billing Utility.
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You have a valid TallyPrime license.
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You have a valid Tally.NET ID.
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You have an active TSS.
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You have an internet connection.
One-time Setup
Sign in to Tally e-Billing with your Tally.NET ID to access your business data. You can then create or select a company and configure its company details, user access, accounting and inventory masters, voucher types, currencies, invoice printing, and other business preferences. You can also import masters in bulk to get your company ready for recording transactions.
Set up different areas of Tally e-Billing to configure your business.
Business Transactions
Record your day-to-day sales and purchases of goods and services in Tally e-Billing, including transactions involving discounts, additional charges, excise, exports or imports, and zero-rated or exempt supplies. You can also record POS and abbreviated sales, and process sales and purchase returns when goods are returned or transactions need to be reversed.
CBMS Synchronisation
Synchronise your Sales and Sales Return vouchers with CBMS in real time to meet IRD requirements. You can monitor the synchronisation status of your vouchers, identify pending or failed transactions, and retry failed synchronisations. CBMS Integration lets you connect Tally e-Billing with CBMS, while CBMS Overview helps you monitor the synchronisation status.
Data Synchronisation to TallyPrime
Configure TallyPrime for synchronisation with Tally e-Billing, map the required voucher types and masters, and synchronise your masters and vouchers to TallyPrime. You can also monitor the synchronisation status and verify the imported data in TallyPrime.
Reports
Review your business transactions, inventory movement, and IRD-related information using the reports available in Tally e-Billing. IRD Reports include the Sales Materialised Report, IRD Registers, Audit Log, Audit Trail, and IRD Auditor Database Viewer, while Reports such as the Day Book and Stock Register help you review day-to-day transactions and inventory movement.
Data Backup
Back up your masters and transactions to keep your business data available when required. You can view your backup history, monitor the backup status, and download backup files within the available retention period through Data Backup.
Help and Support
You can access the User Manual in English and Nepali, Help documentation, What’s New, and product information, including the manufacturer, distributor, and license details, directly from Tally e-Billing.
