Release Notes for TallyPrime and TallyPrime Edit Log Release 5.1 | What’s New!
TallyPrime Release 5.1 introduces a suite of powerful enhancements to simplify compliance and elevate the efficiency of your business.
- Effortless GST management with bulk B2B to B2C conversion, conflict resolution, multi-period GSTR-1 exports, enhanced e-Way Bills experience and more.
- Better voucher number management with flexible voucher numbering and configurable HSN/SAC summaries.
- Payroll compliance perfected with the latest FVU updates for the New Tax Regime.
- DIY support at your fingertips with step-by-step help directly accessible from the context in TallyPrime.
- Enhanced clarity and efficiency in display and print in Arabic.
You can also read the Release Notes in हिन्दी, বাংলা, తెలుగు, മലയാളം, and ಕನ್ನಡ.
Simplified GST Conflict Resolution
With TallyPrime Release 5.1, you can resolve GST-related conflicts between Masters and Transactions effortlessly. Enjoy seamless compliance management as you identify, resolve, and track discrepancies with ease, ensuring your data stays accurate and up-to-date!
Flexible Voucher Numbering and HSN/SAC Summary Configuration During Migration
While migrating from TallyPrime Release 2.1 or earlier versions to Release 5.1, in the Migrate Company Data screen, you can:
- Decide how to handle voucher numbering:
- Retain the existing voucher numbering method.
- Set it selectively only for sales voucher types or all voucher types.
- Continue with the existing numbering method.
- Configure to generate an HSN/SAC Summary for all sections or all sections except B2C.
- Configure the required HSN length for Stock Items.
Export GSTR-1 for Multiple Periods into One Excel File
You can now export the GSTR-1 return for multiple periods into a single Excel file. If there are multiple GST registrations in a single company, you can select a specific GST registration or all registrations and export the return at one go.
HSN/SAC Summary in Annual Computation Report
The HSN/SAC Summary view is now available in a consolidated period-wise report within the Annual Computation report.
Bulk Conversion of Transactions from B2B to B2C
Transactions rejected due to an inactive GSTIN can now be bulk converted from B2B to B2C with a single click.
Voucher Mismatch Issue Resolved
Previously, when accepting a mismatch in information (Accept as is), the voucher would appear as an Uncertain Transaction after being re-saved without making any changes. This issue has now been resolved, ensuring the voucher is recorded correctly without any status change.
Accurate GST Calculation in Service Ledgers
Previously, GST was not being calculated correctly when a Service Ledger was selected. This issue has been resolved, ensuring accurate GST calculations when using a Service Ledger.
Bank Charges GST Exception in GSTR-2A, GSTR-2B and GSTR-3B Resolved
Previously, recording bank charges with GST often caused errors in GSTR-2A, GSTR-2B, and GSTR-3B reports because bank ledgers were set as Unregistered/Consumer by default. Now, when you enter a transaction with both bank and GST ledgers, you can select the correct Registration Type with a new transaction experience. If you continue with Unregistered/Consumer, the transaction comes under a new Uncertain Exception offering clearer guidance for the resolution.
Changes made to Ensure Better Compliance with GST Regulations
Report missing invoices or claim ITC based on whichever of the following comes first:
- Until November of the following financial year.
- 20 months from the start of the current year.
- Filing of annual returns.
Credit notes for sales can be issued until the earlier of the following:
- November of the following year.
- Filing of annual returns.
Enhanced Flexibility for Adjusting Advance Receipts and Payments
Previously, advance receipts and payments could only be adjusted within 18 months; now, adjustments are allowed for an indefinite period.
Reconciliation Aligned with GSTR-2B Updates
Previously, Reconciliation was based on a rate-wise comparison of the Taxable Amount and Tax Amount. Starting TallyPrime Release 5.1, Reconciliation will happen using the consolidated Tax Amount as per the latest GSTR-2B version.
Improved Management of GST Registration Masters
Previously, in the case of multi-registration, the GST registration master could not be deleted, even after removing its transactions. This issue has now been resolved.
Clearer Button Names for Better Understanding
In GSTR-1, CMP-08, GSTR-3B, e-Way Bill, and e-Invoice upload preview reports, the option Send now appears as Send (Online) and Export as Export (Offline). These changes make it easier to distinguish between online and offline actions.
Accurate GSTR-1 Report Classification
Previously, when you converted any Debit Note or Credit Note into Sales and Purchase vouchers, respectively, they continued to appear under the Credit Notes/Debit Notes section of the GSTR-1 report. This issue is resolved. Such transactions will now correctly appear under the respective sections.
Error with the Undo Filing Option Resolved
Previously, when attempting to use the Undo Filing option in GSTR-1 or GSTR-3B reports, an error would occur stating, One or more transactions have been modified by another user. Check the data and try again. This issue has now been resolved.
Accurate e-Way Bill Generation for Export Invoices
Previously, e-Way Bills for export invoices were rejected if the Ship To details included a non-Indian state and lacked the pincode of an Indian port. This issue is now resolved. You can generate e-Way Bills and e-invoices for exports by selecting a valid Indian state and the pincode of the Indian port from where the goods will be exported.
Automated Distance Calculation for e-Way Bill Generation
You no longer need to manually enter the distance between origin and destination pincodes while generating an e-Way Bill. TallyPrime will automatically fetch the distance and print in the e-Way Bill. This is applicable only when the Pin to Pin Distance as per Portal field is blank or the distance information is unavailable.
Generate e-Way Bills for Material In and Material Out Vouchers
You can now generate e-Way Bills for both Material In and Material Out vouchers. This feature is particularly useful when shipping materials between the principal and job worker for manufacturing purposes.
Enhanced Payroll Compliance
The FVU Tool Version 8.6 released by Protean Department includes an updated file format for e-returns. With TallyPrime Release 5.1, you can export the expected values of Salary Details (SD) and Standard Deduction directly into the Payroll ITeTDS.txt file.
New Tax Regime Updates in Payroll ITeTDS.txt file
Previously, Provident Fund (PF) contributions were included in the Payroll ITeTDS.txt file export, regardless of the tax regime chosen. Now, with the latest changes to the FVU format, PF contributions are now excluded from the export for employees under the New Tax Regime.
Exclusion of Deductions in the New Tax Regime
Previously, Professional Tax and Chapter VI-A deductions were included in the ITeTDS.txt file, even for employees under the New Tax Regime. Now, as per the latest FVU format, these deductions are no longer included for such employees.
Improved Display and Printing of Vouchers
Previously, the Rate (Incl. of Tax) column was missing in the Display Mode of vouchers and during multi-voucher printing. This issue has now been resolved.
Improved DIY Support | Easy Steps to Fix Common Licensing Issues and Knowledge Gap
We’ve made it easier to resolve licensing issues! Just click Get Help to access simple solutions on TallyHelp, available in both English and Hindi. Additionally, a new help 
icon in the GSTR-1, GSTR-3B, and CMP-08 upload preview reports lets you quickly find instructions and videos on TallyHelp.
We’d love to hear your feedback! If you found the instructions useful, please click the 
button at the bottom of the TallyHelp screen and leave your comments. Your input helps us improve and serve you better. Thank you!
Improved Display of Stock Item Additional Description
Previously, the Stock Item Additional Description in invoices was difficult to read as it appeared compressed. In Release 5.0, this description was printed across multiple lines for better readability but resulted in increased page consumption. This issue has been resolved. From TallyPrime Release 5.1 onwards, the Additional Description will be printed in a single line, making optimal use of the Description of Goods section in the invoice, ensuring both clarity and efficient space utilisation.
Correct Placement of Saudi Riyals in Bilingual Invoice Format – 2
Previously, Saudi Riyals was printed before the Amount in Arabic in the Bilingual Invoice format – 2. Now, it will be printed after the Amount as per the practice followed in Saudi Arabia.
Faqat Appears Beside Amount in Sales Vouchers
Previously, Faqat was missing beside the Amount in Arabic in the Sales Vouchers for Single – Arabic – Format-1 and Format-2. This is now resolved. Now, Faqat will appear beside the Amount in Arabic.
Display and Print Amount in Words in Arabic
Previously, the Amount in words in vouchers was displayed and printed in English, regardless of the selected display/print language. Starting TallyPrime Release 5.1, the Amount in words in vouchers will be displayed and printed in Arabic when the display/print language is set to Arabic.
Display Language Now Shows as Arabic
Previously, the Display Language option for Arabic was listed as Arabic (Saudi Arabia). From TallyPrime Release 5.1, the option will simply appear as Arabic.
