How To Generate E-invoice In Tally Prime: A Complete Guide
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E-Invoice In Tally Prime: Complete Generation Process

06 Dec, 2024        467 views

Do you want to know how to generate an E-invoice for Tally Prime? If yes, you must read this article till the end. Generating E-invoice in Tally Prime will help you to meet your needs with ease.

To generate all the E-invoices instantly you need to keep track of E-invoicing reports and everything in between that Tally Prime takes. It offers you the most delightful experience. IRN and QR code you can generate easily.

Tally Prime takes care of every little detail that is essential for your record-keeping in the future. The process of record keeping becomes easier while using Tally Prime Software solutions.

How To Generate E-invoice In Tally Prime?

There are some of the simple steps that you need to follow while generating E-invoices In Tally Prime. You should get through the details to have a better understanding and idea of it.

1. Register Your GSP

First of all, you need to navigate to the IRP( Invoice Registration Portal) login. Among several options select the API integration with the help of ERP. After that, you need to set Tally(India) Pvt Ltd as your GSP. Again you need to set a high security password and username.

2. Maintain A Better Tally Configuration

In Tally Prime, you must go through the configuration settings in the sales voucher screen and you can enable settings E-invoicing and E-way Bill. However, this step will make the process of configuration easier.

3. Create An Entry

Create a sales entry with all the relevant details. Since you have enabled e-invoicing in the e-Way bill you must create invoice details. Click on Yes option now on the Screen asking for details regarding all the e-invoice details. Additionally, you will open fill it Save and proceed.

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4. Print An E-Invoice

Once all the details are saved and filled in you will get a prompt message. Do you need to generate an E-invoice as well as an E-Way Bill? Click Yes Tally will ask you for the username and password. Fill in the username and password that you have saved in step -1. E -an invoice with IRN and QR code is generated. After that, you can take a printout of the same.

Features Of Tally Prime E-Invoice Solution

There are several features of Tally Prime E-Invoice Solution that you must be well aware of. You must go through the features of Tally Prime E-invoice solution that can make things work perfectly well in your way. Some of the core features of it are as follows:-

1. Instant E-invoice

With TallyPrime’s connected there is an e-invoicing solution, you can easily generate E-invoices instantly. Additionally, you can generate the invoices with zero manual process. Just record all the invoices and print Tally Prime will automatically add QR and IRN code. E-invoice in Tally Prime can make your life easier.

2. Single Or Bulk Invoice

You can either develop an e-invoice in the flow of recording an invoice or you can do this for all bulk multiple invoices together. Tally Prime can easily adapt to your preferences. Single and bulk invoices will make things easier for you. E-invoice in Tally Prime will clear your doubts in perfect order.

3. e-Invoice With E-bill

If your supplier requires the e-Way bill Tally Prime will automatically generate an e-Way bill in the process of getting e-Invoice details. This is one of the crucial features of E-invoice in Tally Prime. However, you should get through the details to have a better insight into it.

4. Online E-invoice Cancellation

There are certain scenarios where E-invoice needs to be canceled and you can easily send all the cancellation requests from TallyPrime. It is one of the crucial features of TallyPrime that you must be well aware of. Application of E-invoice in Tally Prime will make things easier for you.

5. Supports Offline Mode

It is possible that the system you normally use to generate e-invoices can easily get disconnected from the internet. In such a scenario, Tallyprime will assist you in handling the situation by exporting all the e-invoice-related data. Ways to generate E-invoice in Tally Prime.

6. e-Invoice Reports

Tally Prime’s report will offer you an entire view of the status of the transaction concerning e-invoicing. Additionally, you can quickly get into the complete and pending process. This can boost the chances of your brand value.

7. Offers Useful Alerts

All the useful alerts are available in the multiuser scenario. It will prevent all redundancy and this will ensure that all the latest data are shared within the e-invoice portal. It will also safeguard you during the accidental modification. IRN generates for any particular transaction.

How To Generate e-Invoice Instantly In Tally Prime?

There are certain ways you can adopt to generate e-invoices instantly in Tally Prime. Just follow some of the simple steps to get the process done perfectly. So, let’s explore the process of making things happen in your own way.

  • First, enable E-invoice applicable to yes! Make E-Way Bill also to Yes!!.
  • Record or pass the voucher entry as soon as you do in Tally with some relevant information. You will get intimidated by a message asking you to generate an invoice. The moment you click on the “Yes” button Tally Prime will transfer all the relevant data.
  • Once you click on the “Yes” button you will receive the QR code and IRN number.
  • Yes!! This is quite simple that you must know at your end.

How To Check The Status Of Your E-invoices?

You can access the report by going into the Display of the Gateway of the Tally Screen. Select the GST and next click on E-invoice report. The e-invoice report will also help you to shove all the uncertain transactions.

This section of the report also shows you uncertain transactions as this section report shows you transactions with the presence of wrong information or any incomplete information that you need to review.

In this report on the right-hand side, you have the IRN register. This register comprises all invoices for most cases where the IRN is there or generated.

This is along with the complete needs of the invoice. All these registers contain all the documents for which the IRN has been created. Along with the complete needs of the invoices.

Final Take Away

Hence, if you want to generate the E-invoice in Tallyprime then you must consider these above facts. This will help you to meet your requirements with ease. Once you follow the above steps and process things will become easier for you.

You can share your views and opinions in our comment box. This will help us to know your take on this matter. If you feel to clear your doubts with ease then you must take care of these facts that are mentioned above.

ICA Edu Skills Team
Disclaimer: The content posted in this weblog is intended for general information purposes only and does not include any professional accounting, tax, legal or financial advice. We strive to provide accurate and up-to-date information based on laws, regulations, and best practices which may vary by jurisdiction, industry, and individual circumstances.