What’s New in TallyPrime 5.0? | Antraweb Technologies

TallyPrime 5.0 introduces key features that simplify business operations, focusing on GST compliance, automated TDS calculations, improved payment management, and plug-in integration. These updates save time, reduce errors, and enhance overall efficiency. Antraweb Technologies, a trusted partner, offers expert support to help businesses fully leverage these new capabilities.
TallyPrime 5.0 brings significant improvements to business management software, particularly in accounting and compliance. Enhanced GST compliance allows direct uploads and downloads of GST returns within the software, simplifying the filing process and reducing errors. The update also introduces automated TDS calculations under Section 194Q, ensuring accurate deductions without manual intervention.
Additionally, TallyPrime 5.0 includes Tally Plug-Ins, such as Tally-Capital, which enable users to manage financial tasks like checking credit scores and applying for loans directly within the software. Improved payment management features, like sorting pending bills by due dates or balances, help businesses avoid late fees and manage cash flow more effectively.
Upgrading to TallyPrime 5.0 offers substantial benefits for business efficiency. Antraweb Technologies, with decades of experience as a leading Tally partner, is ready to assist with migration, customization, and training. Contact Antraweb Technologies today to maximize the potential of TallyPrime 5.0 and explore their comprehensive range of products and services like Tally on Cloud, Smart Backup++, and Excel to Tally Integration for added efficiency and security.
See how Antraweb Technologies can support and enhance your business with TallyPrime 5.0 experience. Contact us today to get the full potential of Tally.
BLOG LINK: https://www.antraweb.com/blog/whats-new-in-tallyprime-5.0WEBSITE LINK: https://www.antraweb.com/

2. Accoutig Copliace Need wit
Co ected GST
1
Eay Upload ad
Dowload
Upload and download GST
returns directly from within
TallyPrime, including GSTR-1,
GSTR-3B, and CMP-08.
2
Siplified Filig Proce
Tally automatically creates
and validates party ledgers
using real-time details, simply
by entering the GSTIN/UIN of
the party.
3
Key I igt o ITC
Track your ITC (Input Tax
Credit) with great accuracy,
even for hundreds of
suppliers, by using bills
payable.

3. Autoated Tax Calculatio (TDS uder Sectio
194Q)
Autoatic TDS Deductio
TallyPrime 5.0 automatically calculates and deducts TDS
for purchases exceeding Rs. 50 lakhs annually, based on
the nature of the payment.
Maage TDS Exeptio
Handle TDS Exemptions easily for government entities
eligible under section 194Q. Reporting for TDS has been
improved, particularly for Form 26Q.

4. Tally Plug-I Maageet witi TallyPrie
Tally Plug-I
Extend Tally’s capabilities to
meet specific business needs
with additional functionalities.
Tally-Capital
Pre-deployed with Tally-Prime
5.0, Tally-Capital gives access to
check businesses credit score
and apply for loans within Tally-
Prime.
Tally Plug-I Maageet
Report
Monitor the status and
functionality of installed plug-ins
without any manual work.

5. Payet Maageet I Tally
1
Sort Pedig Bill
Sort pending bills by different categories such as due dates, bill dates, and balances.
2
Prioritize Oldet Bill
Tally prioritizes the oldest bills for settlement first, avoiding payment delays and improving cash flow
management.

6. E aced Report ad Voucer Readability
wit Strip View
1
Strip View Feature
Improves the readability of reports and vouchers
by highlighting alternating rows.
2
Eay Sca ig
Makes it easy to scan from large sets of data,
especially useful while printing or sharing
documents.

7. I tat Notificatio wit Bell Ico
Bell Ico for Notificatio
Provides timely notifications for crucial tasks such as
GST uploads, return filings, TSS Renewals, License
Management, and TallyPrime Upgrades.
Notificatio Report
Combines alerts and gives users a liberty to manage
them on a single screen.

8. Key Feature of TallyPrie 5.0
Easy Upload and Downloads Automated Tax Calculation T ally Plug-In Management
Simplified Filing Process Manage TDS Exemptions Payme nts Management
Key Insights on ITC Sort Pending Bills Enhanced Repor ts
Prioritize Oldest Bills Instant Notifications

9. Cocluio
TallyPrime 5.0 offers a range of new features and improvements designed to simplify
business operations, enhance efficiency, and improve user experience.

10. TallyPrie 5.0: Iproveet i
Feature for Buie Succe

11. Seale Data Migratio
Effortle Tra itio
TallyPrime 5.0 eliminates the
need for data migration
processes.
Backup ad Upload
Simply take a Tally backup and
upload it to the new release.
Buie Cotiuity
Continue your daily operations
without interruption.

12. Optiized Edit Log ad Bak Recociliatio
1
Reduced Clutter
TallyPrime 5.0 logs only
relevant changes, minimizing
unnecessary data.
2
Iproved Perforace
The optimized logs enhance
performance and reduce data
volume.
3
E aced Efficiecy
Focus on essential changes
and streamline your workflow.

13. Seale WatApp Itegratio
1
Payet Voucer
TallyPrime 5.0 simplifies sending
payment or receipt vouchers.
2
Autoatic Itegratio
The recipient's WhatsApp number
is automatically added if saved in
the party ledger.
3
Reduced Error
Minimize manual errors and save
time with automated integration.

14. Iproved GST Statu Update
Strealied Update
Make changes related to GST in
master records without
interruptions.
Real-tie Accuracy
Ensure your GST information is up-
to-date and accurate.
Siplified Copliace
Maintain compliance with GST
regulations effortlessly.

15. Acce to GST Regitratio Hitory
Easy Access Track changes in GST registration detail s.
Comprehensive Records Maintain accurate and complete GST registration
history.
Enhanced Transparency Gain insights into past regist ration updates.

16. Iproved Tra actio Maageet
1
Categorizatio
Deleted vouchers and non-GST
transactions are categorized
for better organization.
2
Relevat Tra actio
Ensure only relevant
transactions are included in
GST reports.
3
Bulk Reolutio
Address uncertain
transactions in GST reports
efficiently.

17. Exportig ad Validatio Iproveet
E aced Export Optio
Simplify sharing and submitting
accurate data with improved
export options.
Validatio ad Correctio
Ensure HSN/SAC codes align
correctly with transaction types
and annual turnover.
Accurate Reportig
Generate reliable and compliant
GST reports.

18. MSME Outtadig Bill Trackig
1
Activity Type
Set the activity type of an enterprise
(Manufacturing, Services, or Traders).
2
MSME Regitratio Detail
Provide MSME registration details in the party master.
3
Effective Payet Maageet
Track outstanding bills and manage payments
efficiently.

19. Atraweb Tec ologie: Your TallyPrie
Parter
Tally o Cloud
Access TallyPrime from anywhere, anytime.
Sart Backup++
Secure and reliable data backup solutions.
Excel to Tally Itegratio
Seamless data transfer between Excel and TallyPrime.
Expert Support
Personalized solutions for implementation,
troubleshooting, and advanced features.

20. Wat to Kow te Detail More
Click o te Lik below for te Full Blog Webite Viit
Wat’ New i TallyPrie 5.0 ?
Bet Tally Software Support Cutoizatio Solutio
Provider