Author: Rishit Shah
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Change GSTR Effective Date in TallyPrime: 3 Steps + Example
TallyPrime helps businesses stay GST-compliant by allowing them to record and manage GSTR Effective Dates. Sometimes, a voucher’s actual transaction date and its return filing date (GSTR Effective Date) may be different. In such cases, TallyPrime allows you to change the GSTR Effective Date easily. In this post, you’ll learn how to do that, why…
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Accept, Reject, Keep ITC Pending: IMS Action Status in TallyPrime
When you receive purchase invoices from your suppliers, TallyPrime helps you reconcile these with the GST portal using IMS (Invoice Matching System). But that’s not all—you can also accept, reject, or keep the invoice ITC as pending by setting the IMS Action Status. This feature helps you manage your Input Tax Credit (ITC) with complete…
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View IMS Inward Invoices in TallyPrime: 4 Steps + Example
TallyPrime helps you stay GST-compliant by allowing you to view IMS (Invoice Matching System) inward invoices. These are purchase invoices downloaded from the GST portal that your suppliers have uploaded. By viewing these invoices in TallyPrime, you can match them with your books, accept them if they match, or raise actions if they don’t. Let’s…
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Upload IMS Inward Invoices in TallyPrime: 4 Steps + Example
TallyPrime makes GST compliance easier by allowing you to upload IMS Inward Invoices. This helps keep your purchase records in sync with the GST portal, especially if you’ve received invoices from suppliers but want to push them to the GST system for matching and return filing purposes. This post will guide you through what IMS…
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Automatically Accept Reconciled Vouchers in IMS in TallyPrime
When you download IMS (Invoice Matching System) Inward Invoices in TallyPrime, the software allows you to compare the downloaded invoices from the GST portal with the ones recorded in your books. If both match, these are marked as Reconciled. To save time, TallyPrime gives you the option to automatically accept these reconciled vouchers, instead of…
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Download IMS Inward Invoices in TallyPrime: 4 Steps + Example
TallyPrime helps businesses stay compliant with GST regulations by allowing you to download IMS (Invoice Matching System) Inward Invoices. These are invoices uploaded by your suppliers on the GST portal and made available for download in your Tally system. This feature allows you to verify, match, and reconcile the purchase invoices with what’s uploaded by…
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Amend Uncertain GSTR-3B Transactions Using Return Effective Date in TallyPrime
While filing GSTR-3B returns, you may come across transactions in TallyPrime that are uncertain, mismatched, or missing details. These transactions need to be corrected or amended before they can be included in your return. TallyPrime offers a powerful feature called the Return Effective Date to help you handle such cases smoothly and in compliance with…
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GST Amendments for Purchases in TallyPrime: 2 Examples
Sometimes, after recording a purchase in TallyPrime, you may need to make changes. These changes could be due to corrections in GSTIN, invoice number, date, or tax amounts. In GST terms, these are known as amendments. TallyPrime makes it easy to manage these GST amendments for purchases, and ensures that they are reflected correctly in…
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IMS Action Status in TallyPrime: Explained with 3 Easy Examples
TallyPrime offers tools to help you manage incomplete, mismatched, or unreported GST data using the IMS Action Status feature. IMS stands for Incomplete, Mismatch, or Status Not Set, and this helps you track and fix GST-related issues before filing your returns. In this blog post, we’ll explain what IMS Action Status is, how it helps,…
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GST Status for Transactions in TallyPrime: 3 Examples + 5 Steps
TallyPrime makes it easy to manage your GST transactions. One of the important features is setting the GST status for each transaction. The GST status indicates whether a transaction is: By setting the correct GST status, you ensure accurate GST return filing and smooth reconciliation. 1. What is GST Status in TallyPrime? Every GST transaction…