Upgrading to TallyPrime 7.0 gives you access to Connected Banking, TallyDrive cloud backup, SmartFind, and a completely revamped Invoice Management System. Whether you are on TallyPrime 6.x or still running Tally.ERP 9, this guide walks you through every step to get to the latest version safely.
For a complete overview of what is new in this release, see our TallyPrime 7.0 features guide.
Why Upgrade to TallyPrime 7.0?
Here are the top five reasons to upgrade today:
- Connected Banking: Live bank balances and automatic transaction import from Axis Bank and SBI
- TallyDrive: Free cloud backup (1 GB Silver, 3 GB Gold) with automatic encryption
- Invoice Management System: Real-time vendor invoice tracking for accurate ITC claims
- SmartFind: Search any transaction across your entire data instantly
- Enhanced GST compliance: Updated HSN Summary with B2B/B2C breakups
If your TSS has expired and you are unsure whether to renew, read about the risks of running TallyPrime without active TSS.
Pre-Upgrade Checklist
Check Your Current TallyPrime Version
Before starting, verify which version you are running:
- Open TallyPrime
- Press
F1(Help) and select About - Note the version number (e.g., Release 6.2, Release 5.0, etc.)
Verify Your TSS Status
Your Tally Software Services subscription must be active to receive the 7.0 update. Check your TSS status:
- Go to
Gateway of Tally > F1: Help > About - Look for "TSS Status" in the information panel
- If it shows "Expired", you need to renew your TSS subscription before upgrading
Backup Your Tally Data
This is the most important step. Always take a complete backup before any upgrade:
- Go to
Gateway of Tally > F3: Company Info > Backup - Select the source company data path
- Choose a destination folder (preferably an external drive or cloud storage)
- Wait for the backup to complete and verify the backup file exists
Never skip the backup step. While upgrades rarely cause data issues, having a backup gives you peace of mind and a rollback option.
How to Upgrade TallyPrime to 7.0 (From 6.x)
Method 1: Auto-Update (Recommended)
If you have an active TSS and internet connection, TallyPrime can update itself:
- Open TallyPrime
- If an update is available, you will see a notification at the bottom of the Gateway screen
- Click on the update notification or go to
F1: Help > Check for Updates - Follow the on-screen prompts to download and install
- TallyPrime will restart automatically after the update completes
Method 2: Fresh Download and Install
If auto-update is not working or you prefer a clean installation:
- Download TallyPrime 7.0 from the Mark IT Solutions download page
- Close any running instance of TallyPrime
- Run the downloaded installer (TallyPrime_Setup.exe)
- Choose the installation directory (use the same directory as your current installation to upgrade in place)
- Complete the installation wizard
- Launch TallyPrime and activate with your existing license
Your existing data is not affected because TallyPrime stores company data separately from the application files.
Method 3: Upgrade via Tally Partner
For businesses that want a hands-off experience, Mark IT Solutions offers assisted upgrade services:
- Pre-upgrade data verification and cleanup
- Remote or on-site installation
- Configuration of new features (Connected Banking, TallyDrive, etc.)
- Post-upgrade testing and validation
- Training on new TallyPrime 7.0 features for your team
Contact us to schedule an assisted upgrade.
How to Migrate from Tally.ERP 9 to TallyPrime 7.0
Understanding the Migration Path
Tally.ERP 9 data can be directly opened in TallyPrime 7.0. The software automatically converts the data to the new format when you open it for the first time. You will also need to upgrade your license from Tally.ERP 9 to TallyPrime. Check the available upgrade options and pricing.
Step-by-Step Migration Process
- Backup: Take a complete backup of your Tally.ERP 9 data
- Install: Download and install TallyPrime 7.0 (it can coexist with Tally.ERP 9)
- Activate: Enter your new TallyPrime license or upgraded serial number
- Open Data: Point TallyPrime to your existing Tally.ERP 9 data folder
- Convert: TallyPrime will prompt you to migrate the data. Click Yes to proceed
- Verify: Check opening balances, voucher counts, and key reports after conversion
Common Migration Issues and Fixes
- Data path changes: TallyPrime uses the same data folder structure. If your data was in
C:\Tally.ERP9\Data, point TallyPrime to the same path. - Custom reports: TDL-based custom reports from Tally.ERP 9 may not work in TallyPrime. Contact Mark IT Customization team for TDL updates.
- TDL compatibility: Most Tally.ERP 9 TDLs need rewriting for TallyPrime's new architecture.
Post-Upgrade Verification Steps
Verify Data Integrity
- Check opening balances match your previous version
- Verify total voucher count in the Statistics report
- Spot-check a few recent transactions for accuracy
Test Key Reports
- Generate Balance Sheet and Profit & Loss statement
- Run GSTR-1 and GSTR-3B reports for the current period
- Check outstanding receivables and payables
Verify Connected Services
- Test e-Invoice generation (if applicable to your business)
- Verify e-Way Bill connectivity
- Check GST portal connection for return filing
Troubleshooting Common Upgrade Issues
"License Not Activated" After Upgrade
This usually happens when TSS has expired. Reactivate your license by going to F1: Help > License > Reactivate. If the issue persists, contact our support team.
Slow Performance After Upgrade
TallyPrime may reindex your data after the first launch on 7.0. This is normal and happens once. Let the process complete without interruption. If slowness persists, check that your system meets the recommended specifications (8 GB RAM, SSD storage).
Custom TDLs Not Working
TDLs built for older TallyPrime versions may need updates for 7.0 compatibility. Temporarily disable custom TDLs to confirm they are the cause, then contact your TDL developer or our customization team for updates.
Upgrade Costs and TSS Renewal
Is the Upgrade Free?
Yes, upgrading to TallyPrime 7.0 is free for all users with active TSS. There is no additional license fee for the version upgrade.
License Upgrade Options
If you want to change your edition (Silver to Gold) or add multi-user capability, those are separate license upgrades. See the complete TallyPrime upgrade options page for pricing details.
Get Expert Help with Your Upgrade
As Mumbai's certified 5-star Tally partner, Mark IT Solutions has helped hundreds of businesses upgrade smoothly to TallyPrime 7.0. Whether you need remote assistance or on-site support, our team ensures zero data loss and minimal downtime during your upgrade.
Ready to upgrade? Contact us today or call 022 6199 2222 for immediate assistance.
