Upgrade Every Businessman, CA, and Tally User Must Know About!
We are excited to announce that TallyPrime Release 7.0 is now officially live! Tally Solutions has rolled out one of the most powerful and practical updates in recent years, specially designed to make the lives of Chartered Accountants, accountants, and business owners simpler, faster, and 100% compliant.
In this detailed post, we bring you the exact new features introduced in TallyPrime 7.0 that every CA and Tally user should start using today.
What’s Brand New in TallyPrime Release 7.0?
1. Prime Banking with Enhanced Payment Process
Say goodbye to manual reconciliation and payment delays. The all-new Connected Banking experience in 7.0 gives you:
- Streamline online payments with faster, more efficient bank transactions with Kotak, Axis and SBI Bank.
- Full control with customizable single and daily payment limits
- Real-time payment status updates inside Tally Prime
- Get bank statements in one click for quick reconciliation.
- Refresh bank connection status anytime with a single click
For an Accountant managing client payments or vendors, this feature alone saves hours every week.
No more Excel workarounds or manual adjustments – everything happens inside TallyPrime with audit-proof accuracy.
For: Enable Feature, Go to Gateway of Tally -> Exchange -> All Banking Options -> Login & Logout
2. SmartFind – The Intelligent Search You Always Wanted
Finding anything in Tally just became magical across masters, vouchers and multiple loaded companies.
- Press Alt + F to find info from any screen
- Find, Match similar spelling and show the word result
- Configure as per use in the Global Setting (Help (F1) -> Setting -> Find)
Whether you’re auditing a client file with thousands of ledgers or looking for an old voucher, SmartFind gets you there in seconds.
3. Auto Backup + Connected Backup Complete Peace of Mind
Data loss is every accountant’s nightmare. TallyPrime 7.0 eliminates that fear completely.
New backup capabilities include:
- Schedule automatic backups (Daily, Weekly or Monthly) to Tally Drive (cloud) or local storage at your preferred frequency, even when Tally Prime is closed.
- Centralised backup management – Compressing, incrementing, deleting, or restoring any version from cloud or local storage.
- Secure Cloud Backup with Password and share the recovery key with selected email ID.
- Get alerts for failed backup and restore from any previous version, as well as backup in one report and drill down into the detailed log.
For: Enable Feature, Go to Gateway of Tally -> DATA -> Backup & Restore -> Backup
4. Some Other Enhancements
One of the biggest pain points for CAs and accountants during GST audits is now solved forever.
With Direct ITC Reduction in IMS, JSON, Performance & Migration.
- ITC reduction option for credit notes.
- Cancel the e-Invoice and e-way bill from the voucher.
- Export full period GST-3B in one file.
- Background migration with pause and resume.
