"Effortless Bank Reconciliation with Tally Prime: Simplify Your Banking Today"

#Make Every Day Simple

The Power of Simplicity with Tally Prime

In today’s digital era, banking has become more convenient than ever. No longer do you need to physically visit your bank for routine tasks. Tally Prime takes this convenience a step further—allowing you to perform essential banking functions directly within the software, without needing to visit your bank’s website.

What is Connected Banking?

Connected Banking in Tally Prime offers seamless integration with your bank. You can:

• Check your bank balance
• Download bank statements

All this is done securely using an OTP sent to your registered mobile number. Currently, three major banks support this feature, and many more are expected to join soon.

Effortless Bank Reconciliation

Reconciling your bank transactions with your books of accounts has never been easier:

• Download your bank statement in Excel format
• Upload it directly into Tally Prime
• No need for printouts or any other supporting tool for bank statement verification
• Tally Prime automatically matches the transaction and gives option to create missing transactions on the spot by “create voucher: option.

Tally Prime automatically compares your bank statement with your books and completes reconciliation within minutes—even for enterprises with high transaction volumes.

Expert Support from Victory System Service

At Victory System Service, we specialize in helping businesses make the most of Tally Prime’s banking features. Our team ensures that new users are trained to handle automated bank reconciliation confidently—usually within just a couple of weeks. The feedback? Users feel empowered and find managing bank transactions incredibly easy.

Frequently Asked Questions (FAQ)

1. Who can use this feature?
 All users with Tally Prime Version 6.0 can use this feature. It supports all chartered banks regulated by the RBI. However, it does not support co-operative or personal savings bank accounts.

2. Do I need to be a qualified accountant to use auto bank reconciliation?
 Not at all! Tally Prime’s auto bank reconciliation is designed to be user-friendly. Regular Tally users can manage it with ease.

3.Can POS transactions be reconciled easily?
Yes. Card and UPI transactions made through POS sales are seamlessly integrated. Whether it's multiple transactions in a single voucher or vice versa, Tally Prime handles both scenarios effortlessly.

4. What if a bank transaction isn’t recorded in the books?
 No worries! You can import the bank statement and create vouchers directly from the reconciliation menu. Tally Prime even allows you to pass multiple vouchers in one go.