There have been several major TallyPrime versions since TallyPrime first launched in November 2020 as the replacement for Tally.ERP 9, whose last release was 6.6.3. The key milestones are Edit Log in the 2.x series (2022), multi-GSTIN in 3.0 (2023), connected e-invoicing in 4.0 (5 December 2023), TallyDrive and PrimeBanking in 7.0 (19 December 2025), and 7.1, which is in beta and rolling out in 2026.
This guide walks through that timeline, explains what each release meant for an ordinary accounts team, and helps you decide which version you should be on today.
TallyPrime Versions at a Glance
| Release | When | Headline change |
|---|---|---|
| Tally.ERP 9 6.6.3 | Final ERP 9 release | End of the ERP 9 line |
| TallyPrime 1.x | November 2020 | New interface replacing Tally.ERP 9 |
| TallyPrime 2.x | 2022 | Edit Log (audit trail) editions |
| TallyPrime 3.0 | 2023 | Multiple GSTINs in one company |
| TallyPrime 4.0 | 5 December 2023 | Connected e-invoicing with faster IRN generation |
| TallyPrime 5.x and 6.x | Between 4.0 and 7.0 | Further compliance and usability updates |
| TallyPrime 7.0 | 19 December 2025 | TallyDrive backup, PrimeBanking, SmartFind, Bharat Connect for Business |
| TallyPrime 7.1 | Beta, rolling out in 2026 | Invoice branding, banking and GST improvements |
We have only listed dates we can stand behind. For the 5.x and 6.x series, check Tally’s official release notes for exact dates and feature lists.
The Starting Point: Tally.ERP 9 and Release 6.6.3
For more than a decade, Tally.ERP 9 was the accounting software in most Indian shops, factories and CA offices. Its last release was 6.6.3. Many businesses still run it today, especially in smaller towns, because “it works, why change?”
The honest answer is that ERP 9 no longer receives new features. Every GST and compliance improvement since then has gone into TallyPrime only. If you are still on ERP 9, our guide on migrating from Tally.ERP 9 to TallyPrime 7 covers the move step by step.
TallyPrime 1.x (November 2020): A New Way to Work
TallyPrime launched in November 2020. The accounting engine felt familiar, but the way you moved around changed. The old “Gateway of Tally” menu style gave way to a cleaner layout, a top menu bar, and a “Go To” search that let you jump to any report or voucher by typing its name.
For staff who had used ERP 9 for years, the first week felt strange. After that, most found it faster. The data was also carried forward through a migration tool, so a Jalandhar hand-tools exporter, for example, could bring years of history into the new product.
TallyPrime 2.x (2022): Edit Log Arrives
The 2.x series introduced Edit Log editions. Edit Log records changes made to vouchers and masters, so you can see what was altered and when.
This became important because, from 1 April 2023, companies covered by the Companies (Accounts) Amendment Rules must use accounting software with an audit trail. TallyPrime’s Edit Log is how Tally users meet that requirement. We explain who must comply and how to switch it on in our post on TallyPrime Edit Log and the audit trail rule.
TallyPrime 3.0 (2023): Multiple GSTINs in One Company
Before 3.0, a business registered for GST in more than one state often had to maintain separate companies in Tally. A Mandi Gobindgarh steel trader with a branch registered in Himachal, for instance, would juggle two sets of books just to keep GST returns clean.
TallyPrime 3.0 allowed multiple GSTINs within a single company. That meant one set of masters, consolidated reports, and GST data still separated per registration where needed. For multi-state businesses, this was one of the most practical upgrades in the product’s history.
TallyPrime 4.0 (5 December 2023): Connected E-Invoicing
TallyPrime 4.0 was released on 5 December 2023. Its headline was connected e-invoicing with faster IRN generation. For businesses above the e-invoice threshold, generating the IRN directly from the sales voucher saves the back-and-forth of exporting files and uploading them to a portal.
Think of a Panipat textile unit raising dozens of invoices on a busy despatch day. Shaving time off each IRN adds up to real hours by evening.
TallyPrime 5.x and 6.x
Between 4.0 and 7.0, Tally shipped the 5.x and 6.x series with further compliance and usability changes. Rather than guess at specifics, we suggest reading Tally’s official release notes for these two series if you are on one of them and want to know exactly what you have. The more important question is usually whether to move to 7.0, which we cover below.
TallyPrime 7.0 (19 December 2025): Backup, Banking and Search
TallyPrime 7.0 came out on 19 December 2025 and is one of the larger releases in recent years. Four features stand out:
- TallyDrive and automatic backups. Backups run in the background and can be stored on TallyDrive, locally, or both, with earlier versions available for restore. Free TallyDrive storage comes with active TSS. Details in our TallyDrive backup guide.
- PrimeBanking. Pay vendors from inside TallyPrime, track UTR status, and auto-reconcile with bank statements.
- SmartFind. Search masters and transactions from any screen, even with partial or approximate spelling, across all loaded companies.
- Bharat Connect for Business plug-in. Supports an invoice-to-payment flow with automatic purchase entries.
For a CA firm in Chandigarh with many client companies loaded, SmartFind alone can save a lot of hunting. For a Ludhiana hosiery manufacturer paying dozens of yarn suppliers, PrimeBanking reduces the double work of paying in net banking and then entering in Tally.
TallyPrime 7.1 (Beta, Rolling Out in 2026)
TallyPrime 7.1 was published as a beta in mid-2026 and is rolling out. Reported features include:
- Invoice templates with your logo and brand colours
- Connected-banking payments, starting with ICICI
- A bank-reconciliation summary
- Bill-wise details while creating vouchers from a bank statement
- HSN/SAC validation
- Export refund options
- An IMS reconciliation books view
- Auto wrap text
- Percentage, fixed and combined discounts
- Fetching party details by GSTIN
- Reusing deleted voucher numbers
- Schedule III (Division I) statements
Because it is a beta, treat 7.1 carefully on live data. Test it on a copy first. We go deeper in TallyPrime 7.1: what’s new and should you upgrade.
Which TallyPrime Version Should You Be On?
There is no single right answer, but here is a practical way to decide.
- Still on Tally.ERP 9? Plan a move to TallyPrime. You are missing several years of compliance improvements.
- On TallyPrime 1.x to 6.x with active TSS? Moving to 7.0 is usually worth it for TallyDrive backups alone.
- TSS expired? You can keep using the version you have, but newer releases need TSS renewal. See our TSS renewal guide.
- Thinking about 7.1? Wait for it to settle, or test on a copy of your data first.
- Using custom TDL add-ons? Confirm with your TDL developer that they work on the new version before upgrading live data.
How to Check Which Version You Have
Open TallyPrime and look at the product information area, usually visible on the main screen or under Help. It shows the release number and your licence and TSS details. Note the full number, for example “7.0”, because support teams will ask for it.
How Upgrades Work on Tally on Cloud
On office computers, every upgrade means visiting each PC, installing, and fixing whichever add-on breaks. With Tally on Cloud, TallyPrime is installed once on the server and every user, whether in Jalandhar, a Baddi plant, or a salesperson’s phone, gets the same version the next time they log in.
A good provider will:
- Take a full backup before upgrading
- Test your TDL add-ons on the new version
- Upgrade at a time that does not clash with GST return dates
- Keep the previous version available briefly in case something needs rolling back
That is how we handle upgrades for Sukam Apps clients, so your accounts team does not lose a working day.
Frequently Asked Questions
What is the latest version of TallyPrime?
TallyPrime 7.0, released on 19 December 2025, is the latest general release we can confirm. TallyPrime 7.1 is in beta and rolling out during 2026.
When was TallyPrime launched?
TallyPrime launched in November 2020 as the replacement for Tally.ERP 9.
What was the last version of Tally.ERP 9?
The last release of Tally.ERP 9 was 6.6.3. New features since then have gone into TallyPrime only.
Which TallyPrime version added multi-GSTIN support?
TallyPrime 3.0, released in 2023, allowed multiple GSTINs in one company.
Do I need TSS to upgrade to a new TallyPrime version?
Yes. New releases after the first year require an active TSS subscription. Without it, you can continue using the version you already have.
Should I install TallyPrime 7.1 beta on my live data?
We advise testing it on a copy first. Beta software can have rough edges, and your live books should not be the test ground.
Want help choosing and upgrading to the right TallyPrime version? Sukam Apps, Jalandhar, has supported businesses since 2011. We host your licensed TallyPrime on cloud, handle upgrades and backups, and train your staff in Hindi and Punjabi, on-site across Punjab, Chandigarh, Haryana, Himachal and Delhi NCR, or remotely anywhere in India with a dedicated account manager. WhatsApp +91 99142 49191 for a free demo, or start from our home page.
