TP Rel. 3.0 Quiz

How do I Create and export an Amendment

• After the returns is filed and signed in portal and in TallyPrime. In some scenarios, incorrect values might have been recorded on the GST portal due to a data entry error. You can easily rectify such transactions in TallyPrime which moves as uncertain in already filed GST return and specify the Effective Date, after which they will be recorded as Amended transactions in the relevant return. Check if the error is noted after an invoice is already issued to your party, then it is recommended that you issue a credit/debit note for the difference in amount. Alternatively, you can issue a credit note for the full amount, and then issue a new invoice. It is also recommended that Amendments be used only for correcting mistakes in data entry.
• They have to go to GST portal and do the Amedments and account relevant adjustements in TP Rel. 3.0
• All changes will be delivered in future TP Releases

After successful migration of TP Rel2.1 data into TP Rel 3.0 we see difference in the number of uncertain transactions in TP Rel.3.0 whe compared to TP 2.1 or earlier releases of TallyPrime? Why and How to resolve them as the retuns are already filed.

• TP Rel 3.0 is enhanced to comply with the latest GST regulations (i.e.GST & E-invoice or NIC ) when compared to TP Rel.2.1 or earlier TP releases hence few nature of transations that were included, or accepte As is or overridden e.g. Special characters in e-Way Bill Document Number, Incorrect Tax Ledger, Incorrect or invalid Vch no. etc., will be moving to uncertain exceptions of transations in TP Rel3.0 and thus the difference in count of uncertain exceptions. Solution is to Accept As Is  or resolve them as applicable
• To match the uncertain in TP Rel 3.0 as that of TP 2.1 or lower release need to go back to unmigrated Data of TP Rel 2.1 correct all and remigrate into TP Rel 3.0
• No such difference w.r.t GST exceptions in TP 3.0 on comparing to TP2.1 or earlier releases

I am using TallyPrime release 2.1 but unable to access my client’s data only 6-digits folder is appearing what should be done?

• 6 Digit Data folder structure is from TP Rel. 3.0 and is accessible from TallyPrime Rel. 3.0. If TP Rel.2.1 data is migrated to TP Rel. 3.0 in same folder of TP Rel. 2.1 then it is not accessible in TP Rel 2.1 it will show empty Co. folder. So, suggest giving new location/path say TP Rel. 3.0 folder path while migrating TP Rel.2.1 data so that the 6-digit data folders will be created in TP Rel.3.0 path or the respective folder path given.
• Do Repair, Re-migrate data of TP Rel. 2.1 from TP 3.0 and then can load TP 3.0 6 digit data into TP Rel. 2.1
• Nothing to worry higher version or lower version data are made compatible in TP 3.0 to TP.2.0 and vice versa

I was GST compliant earlier and now Iam out of GST regime how to set this status in the books in TP 3.0 so that I can continue my books as non GST complaint

• Alter Master -> Statutory Masters -->Select the - GST Registration whose status shows as Active now set it as Inactive and give the effective as applicable
• Create a new registration as Non - GST registration and give the effective data
• Delete the existing GST Registration and start as fresh books with effective date

One of my Party who was unregistered is now under GST complaint and got a GSTIN Iam contining by business as GST Tax payer with him. How to configure this party with GST details and continue my dealings with him

• Alter Master - Select the party - Select the registration Type as Register and give the GSTIN No. and the effective date as applicable
• Create a new part of same name with prefix or suffix and give the GST details
• Delete the existing Party and start as fresh books with his party

I see we have given Applicable date across GST Masters, Transactions. How can I see the history of various applicable changes

• At all master and transactions we can see this under "More details" Alt I show more and see for details of (history)
• At all master and transactions we can see this under "Details " Alt W show more and see for details of (history)
• See the exception reports of the history

My Voucher Nos are getting suffled due to intersion and deletion is this resolved in TP Rel. 3.0

• Yes, in TP Rel 3.0 all Automatic or Multi Auto voucher numbering method we have a numbering behaviour on insertion or deletion set to the option "Retain orginial No by default" this help to retain your voucher sequence through you inter or delete vouchers
• No. this is not resolved suggest not to intsert or delete the voucher only add at the last sequence
• No, this is not resolved create a new Voucher Type and do the activity of instering and Deleting

By mistake I have deleted few payment vouchers Nos. sequence wrongly punched in TP Rel. 3.0 can I resuse them

• Yes, you can just go to voucher Type click Alt I mode details and set "Show unused vhc nos. in transactions to Yes. Now go to the Voucher entry click on more details go for voucher No. enter and you can see unused voucher nos. display and can reuse them
• No, once the Voucher no. is deleted cannot reuse them and it will be removed from TP Rel.3.0
• No, create a new Voucher Type to account all deleted voucher nos.

Is that I can only record GST Transactions & view GST Reports in respective GST registrations of the co.

• No, we can maintain the complete books of accounts for the GST registrations. However, cannot generate GST registration-wise financial statements in direct mode, which will be taken in upcoming Release as part of Branch Accounting as holistic Support.
• Yes, we can maintain only GST account books in GST registrations to view GST Reports and file GST Returns
• We can maintain the complete books of accounts for the GST registrations and generate GST registration-wise financial statements also in TP Rel.3.0

I see different Nature of Transactions or unable to find few in TP Rel.3.0

• In TP Rel.3.0 few Natures of Transaction have been renamed for better clarity and accuracy, without any impact on your existing transactions. Eg: Intrastate to Local or Sales Taxable to Local Sales taxable etc.,
• In TP Rel.3.0 few Natures of Transaction have been removed as per the latest GST rule of nature of GST transactions
• In TP Rel.3.0 few Natures of Transaction have been newly added as per latest GST rule of nature of GST transactions.