Category: Advanced

If you’re a GST-registered business required to issue e-Invoices, TallyPrime makes the process of generating IRN (Invoice Reference Number) and printing the QR code very simple. Once your e-Invoicing is set up in TallyPrime, you can automatically send invoices to the government portal (IRP) and receive back an IRN + QR code. Let’s understand the…

e-Invoicing under GST is now mandatory for many businesses. If your business turnover crosses the prescribed limit, you must generate e-Invoices by uploading them to the Invoice Registration Portal (IRP). With TallyPrime, you don’t need to visit the IRP manually. Once setup is done, e-Invoices can be generated directly from TallyPrime, saving time and effort.…

e-Invoice is mandatory under GST for businesses whose turnover exceeds the prescribed limit. You can generate e-Invoices directly from TallyPrime using the IRP (Invoice Registration Portal) without logging into the portal manually. TallyPrime makes this process easy, quick, and compliant. 1. What is an e-Invoice in TallyPrime? An e-Invoice is a digitally signed invoice with…

In India, some purchases under GST are subject to Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) under the Income Tax Act, not GST law directly. These taxes are typically applied when making payments to vendors or receiving payments from customers, especially for contracts, professional services, or e-commerce transactions. TallyPrime allows you…

If you’ve made a payment for an expense — like legal fees, consulting services, or repair and maintenance — and it includes GST, you can record it using a Payment voucher in TallyPrime. TallyPrime allows you to select Party Details in the voucher, so GST gets accounted correctly and appears in your returns like GSTR-3B…

Indirect income refers to earnings that are not directly related to your core business activities. Examples include commission income, rent received, interest received, royalty income, etc. If you are registered under GST and earn such income, you need to charge GST (if applicable) and record it properly in TallyPrime. This ensures that your GST returns…

Sometimes your business may receive services physically in another state, but you want to record the transaction as intrastate in your TallyPrime books. This happens often when the billing address and GST registration are in the same state, but the place of supply is different. This blog post will explain how to record such cases…

When you’re running a job work business or sending and receiving materials for processing, Material In vouchers are often used in TallyPrime. With the latest GST features in TallyPrime, you can now link Material In vouchers with GST invoices for better compliance and reporting. This post explains how GST invoice support works for Material In…

High Sea Purchase refers to a transaction where goods are sold while they are still on the high seas, i.e., before they have crossed Indian customs boundaries. This type of purchase is common in international trade. In TallyPrime, you can easily record high sea purchases and manage them for GST and inventory purposes. Let’s understand…

Under GST, if you manufacture exempt supplies, you are not allowed to claim full Input Tax Credit (ITC) on the inputs and input services used for manufacturing. Instead, you must reverse the proportionate ITC related to exempt supplies. TallyPrime allows you to manage this reversal efficiently and ensures your GST returns reflect accurate values. Let’s…