Tally Solutions has announced the launch of TallyPrime 7.1, a significant software update designed to help UAE businesses navigate the country’s evolving digital compliance requirements. The new release introduces direct integration with the EmaraTax portal for VAT compliance, comprehensive support for the upcoming e-invoicing system, and enhanced invoice personalization features.
Quick Facts
- Full support for UAE e-invoicing workflows.
- Direct API integration with the EmaraTax portal.
- 17% average improvement in VAT filing efficiency.
Preparing Businesses for E-Invoicing
A key feature of TallyPrime 7.1 is its comprehensive support for the UAE’s new e-invoicing framework. The software provides a guided onboarding process, taking businesses from initial setup to EmaraTax registration.
To ensure accuracy and reduce errors, the system includes built-in validations that flag missing or incorrect information before invoices are sent. Businesses have the flexibility to choose between instant or bulk invoice processing to suit their operational needs. The platform also adds two-factor authentication for e-invoice exchanges, using OTP-based verification to secure transactions against unauthorized access.
Streamlining VAT with Direct EmaraTax Connection
As an FTA-accredited solution, TallyPrime 7.1 strengthens its compliance tools through direct integration with the EmaraTax portal. This connection allows users to manage their tax workflows entirely within the software, from checking filing statuses and reconciling customs data to submitting VAT 201 returns.
This integration has demonstrated tangible results, with businesses reporting an average efficiency gain of over 17% in their VAT filing processes. According to Tally, organizations that maintain accurate accounting records can prepare their VAT returns in under five minutes using the software’s reporting tools.
Personalizing Invoices, Maintaining Trust
The update also brings a major enhancement to invoice personalization. Businesses can now use a range of modern, customizable templates to create invoices that reflect their brand identity. The new tools allow for the addition of logos, digital signatures, watermarks, and other business-specific details, offering greater flexibility in how companies present themselves financially.
Vikas Panchal, Senior General Manager – MENA at Tally Solutions, commented on the launch, “The UAE continues to set a strong benchmark in driving digital transformation initiatives that are creating a more connected and future-ready business environment. As businesses prepare for the next phase of the country’s e-Invoicing journey, they need technology that not only supports evolving requirements but also works the way they do. With TallyPrime 7.1, we have focused on helping businesses embrace this transition with confidence.”
TallyPrime 7.1 is now available to all businesses in the UAE, with existing customers able to upgrade to access the new features immediately.
About Tally Solutions
Tally Solutions is a business management software provider with a history spanning over three decades. The company develops software products that assist small and medium-sized businesses with accounting, inventory management, payroll, and compliance. Tally is used by millions of businesses globally.
Source: My Startup World
