TallyPrime Release 5.1, recently launched by Tally, is designed to simplify business management for both small businesses and large enterprises. This update comes in two versions: the standard TallyPrime Release 5.1 and the Edit Log version, which includes a permanent log of all changes for enhanced audit and compliance capabilities. The release introduces a host of new features aimed at streamlining processes, improving regulatory compliance, and boosting operational efficiency. Among the standout updates is enhanced GST management, featuring simplified conflict resolution to identify and fix discrepancies in GST data, ensuring accuracy and compliance. Businesses can now consolidate GSTR-1 exports into a single Excel file, even for multiple GST registrations, and convert rejected B2B transactions to B2C in bulk with ease. Flexible voucher numbering and HSN/SAC summary configurations also make migration from older versions (like Release 2.1) smoother, allowing users to customize settings as needed. E-Way Bill generation sees significant improvements, including automatic distance calculation based on pin codes, support for Material In and Out vouchers, and fixes for export invoice issues, ensuring accurate documentation. On the payroll front, TallyPrime 5.1 integrates the updated FVU tool (Version 8.6) for e-returns, aligns with the New Tax Regime by excluding certain deductions, and enhances data export accuracy. Additional enhancements include support for Arabic as a display language (with amounts in words printed in Arabic), improved stock item descriptions, and fixes for voucher mismatches and GST calculation errors. The update also offers better reconciliation with GSTR-2B, unrestricted adjustments for advance receipts, and clearer report labeling for improved usability. TallyPrime Release 5.1 equips businesses with tools to manage GST, E-Way Bills, and payroll efficiently, making it a practical solution for evolving needs. To fully leverage these features, Antraweb Technologies, a trusted Tally partner with over 32 years of experience, provides expert support. Services include migration assistance, customization, training, and advanced solutions like Tally on Cloud and Excel to Tally Integration. Businesses can contact Antraweb to optimize TallyPrime 5.1 and elevate their operations. Click Here To Read The Full Blog Now: What’s New In TallyPrime Release 5.1? https://www.antraweb.com/blog/whats-new-in-tallyprime-5.1 Visit Our Website To Learn More: https://www.antraweb.com/
