How to Upgrade Tally for New GST Version 6.0

How to Upgrade Tally for New GST Version 6.0

At the midnight of June 30, 2017, our Prime Minister Narendra Modi took India into a whole new tax regime i.e. GST so we are going toΒ upgrade Tally for new GST Ready version.

And therefore, today, I am going to show you in this post, how you can update or upgrade Tally for new GST Ready version which includes all the GST functionalities.

It is very easy to upgrade Tally for new GST to version 6.0 which has the required GST functionality.

Here is the step by step process on how you can do that in a simple manner.

Download the GST Ready Tally.ERP 9 Version 6.0

To download the GST Ready Tally.ERP 9 Version 6.0, you need to share this page with the following options and you will instantly get the Big Green Download Button.

As soon as you click on the Download Button, you will be taken to the official website of Tally Solutions (company behind Tally).

There, you need to click on one of the two Orange Buttons as shown in the picture below.

Download Tally.ERP 9 Version 6.0
Download Tally.ERP 9 Version 6.0

There are two options here. They are:

  • Install Now
  • Download for later

If you want to install Tally just for your own computer and nothing else, click on Install Now option.

This will start downloading the setup file which is small compared to the other option.

But, if you wish to install Tally on several other computers as well, you need to click on the Download for later option.

By selecting this option, whole of the setup file will be downloaded and that is around 80 MB.

I have selected the second option as I need to download the full setup for future use.

But, before you upgrade, you need to take care of the following issues so that the upgrade process completes speedily and smoothly.

Before you Upgrade…

Backup your data on a separate device

Although, Tally will backup your data before starting to upgrade the version, it will be good to backup your data on a completely different device.

This is to make sure that the data is not lost in any case the upgrade fails or may be power goes off.

What is important here is your data. Back it up on the pendrive or external hard disk.

You can simply copy the Data folder to your device and your data will be backed up.

Turn off all the programs

Before starting the upgrade, please turn off all the programs.

This will ensure that required RAM is available so process does not hang or does not take more time to complete.

Although, this is an extreme step, I highly recommend to close the heavy programs such as browsers, games, MS Office and the like before beginning the upgrade process.

Now, I am assuming you have downloaded the setup file and you are ready for upgrading your Tally to the new GST ready version of Tally.

Upgrading to GST Ready Tally.ERP 9 Version 6.0

Now that you have downloaded the new version of Tally, there is just one step left before you can upgrade Tally for new GSTΒ in a full fledged way.

And, that is to run the setup.

Let’s start.

Double click on the setup file and it will show you the window as shown in the picture below.

Tally.ERP 9 Version 6.0 Installation
Tally.ERP 9 Version 6.0 Installation

If you want to change the folder in which Data file (it contains all the data about your companies), you can click on Advanced button and change that.

It is usually in C Drive.

Also, you can change the Installation Folder which is shown in the picture if you want to.

In my case, I have changed that because C Drive becomes full if I start installing everything in C Drive.

Now, click Install and wait for the setup to finish. It will take roughly a minute or two for the setup to finish.

After the setup is finished, Tally will automatically open up and you will see a screen something like in the picture below.

Conversion of data on Tally Upgrade
Conversion of data on Tally Upgrade

Tally will ask you to convert your data so that it can open up in the new version of Tally. Do not worry as your current data will be automatically backed up before the data will be converted.

And, we also have backed up our data previously on the other device, so there is nothing to worry.

Press Enter and start the Data Conversion.

Tally will start converting the data of the default company that opens when you open Tally every time. In my case, it is TallySchool which I use to explain everything on this blog. πŸ™‚

After this step, Tally will show you the path at which the file will be saved and the default company being backed up. Look at the image below to understand better.

Tally Upgrade Company Backup
Tally.ERP 9 GST Upgrade Company Backup

Press Enter and your default company will be backed up and stored at the destination specified.

After the backup is complete, you will see the following screen in Tally welcoming you to the new GST Ready version.

It will look like in the image below.

GST now enabled for TallySchool
GST now enabled for TallySchool

You can see that GST is enabled for my company TallySchool.

If you see this message then you have successfully upgraded Tally.ERP 9 to the new version which supports GST.

From here, you can either Set GST Details in Tally or Set the Details Later.

I have chosen Set the GST Details later as I will be creating a whole new post for that. I have already created a new post to Enable Set GST Details in Tally.

This post is only about upgrading Tally.ERP 9 to the new GST ready version.

Press Escape and you will see all the data you have entered in your company as it is, perfectly intact, same as before.

Now you can setup GST details in Tally which I will be explaining in the next post.

Congratulations! You have successfully upgraded your Tally that will now support GST.

Where to Enter the GST Details in Tally

Now that we have upgraded Tally for the new Goods and Services Tax, let me show where you can start entering the details of GST.

If you are an old user of Tally, you would know where to enter the details. The place is same as where you would enter taxation details such as VAT, Service Tax etc.

Let me show you where is it.

  • From Gateway of Tally, press F11 i.e. Features
  • Then go to Statutory & Taxation
  • That’s it. You will find the GST option.
GST option in Tally.ERP 9
GST option in Tally.ERP 9
  • Set it to YES and enter all the required details. (which I will be explaining in the next post)

Till then you can watch the video if you want to how each and every step works in real time.

Upgrade Tally.ERP 9 to the New GST Ready Version 6.0

At the End…

GST is a new and benchmark taxation regime. No doubt, you will be a little bit anxious and nervous but so is everybody.

I want you to embrace this change as it is good for the country and therefore ultimately good for us – people of the country.

There are some people who are opposing GST, but trust me they are the people who have either never paid any kind of indirect tax or income tax and they are still not accepting that they have to now pay tax.

GST is much more simple and stricter in the sense that now you cannot fool the tax authorities by paying less taxes.

In Tally, I will explain how GST works in entries, in Profit and Loss Account as well in the Balance Sheet in the future posts which I will be updating on a daily basis.

In this post, I have already shown you how to easily upgrade Tally so that you can use GST.

If you are still facing any problem in upgrading Tally, please comment it below and I’ll be happy to help you.

Join TallySchool & Start learning Tally with GST for Free!





22 thoughts on “How to Upgrade Tally for New GST Version 6.0

  1. kishor kothari says:

    I have upgraded tally to GST Tally 6.0. However, I have to make enteries for Excise purchases before 30.06.17. I am Registered dealer under excise. After upgrade, I am not able to make enteries of excise purchase. How shall I do it.

  2. Mr. Shongtok says:

    Dear Sir, i need your help to understand how GST function?. Through bank finance i have decided to purchase one heavy machinery costing Rs. 29,59,085.00, to which i have been bill by the dealer under GST.
    My query is
    (1). Is the GST amount refundable?

    (2). If it is refundable, then how to claim my retail invoice GST amount i.e. CGST @14%= Rs. 3,20,445.00 and SGST @14%= Rs. 3,20,445.00 (GST total amount is= Rs. 6,40,891.

    (2).To i have to submit my retail invoice photo-copy along with my Bank account number to reclaim/refund GST amount to the Income Tax Department?.

    (3).Additioonal TCS @1%=Rs. 29,298.00 has been deducted. Is TCS amount refundable to me?

    (4).If GST deducted amount is not refundable, what is the advantages or disadvantages for me?

    Your early response is highly appreciated.

    • Rishit Shah says:

      Hi, Mr Shongtok!

      Firstly, GST and Income Tax are entirely different.

      GST is refundable if you are selling the items which attracts GST.
      You need to register for GST and then file returns as the per the GST law.

      TCS is refundable subject to your income tax. If your income tax is less then the TCS amount, the remaining amount will get refunded.

  3. payal says:

    Hey Rishit,
    You have an amazing site. I have a query regarding GST. Say there is a CA firm providing Audit & other services to clients in others states, but from its own state say Maharashtra. Will it be required to take separate registration where its clients are located even though he doesnt have a place of business in these states?

    • Rishit Shah says:

      No, Payal!
      You will not be required to take separate registrations for different states as long as you do not have business vertical in that state.

      Business Vertical simply means an office or branch or any place associated with your firm or business.

  4. Gayatri Dixit says:

    i have downloaded the setup from your site….and run it.
    but after press installing button it didnt asked for backup, and upgradation for GST tally as u described in above steps.

    how can i upgrade it in GST tally.
    plz decsribe here.
    i m eagerly waiting…..ur reply…

    • Rishit Shah says:

      Hi, Gayatri!

      That can happen if you have installed the new version of Tally and the older version of Tally at different places in your computer.

      Please make sure both the new and old installations of Tally are at the same place.

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