Express ITR || How to Import Trial Balance From Tally

What is Trial balance 

A trial balance is a financial report used in accounting to ensure that the total of all debit balances equals the total of all credit balances. It’s a preliminary step in preparing financial statements and helps to identify any discrepancies or errors in the recording of financial transactions.

How to Export Trial Balance and List of Account XML Files From  Tally Prime:

Follow below steps to download Trial Balance and List of Accounts from Tally:

Trial Balance File (For CY & PY):

Go to Tally Prime --> Gateway of tally --> Display More Reports --> Trial Balance --> Press F5 --> Press ALT+E --> Current --> C(Configure) --> File Format (XML Data Interchange)>>Click Send Button.

List of Accounts

Go to Tally Prime-->Gateway of tally-->Display More Reports-->Trial Balance-->Press Alt+E-->Masters-->C(Configure)-->File Format(XML Data Interchange)>>Click Send Button.

How to Import the Exported XML Files in Express ITR:

Step 1:

Go to Business and Profession Head:

Step 2:

Click on Add Business Button:

Step 3:

Select the business type and mention the details related to business and click on Done or Press Esc button:

Step 4:

Click on the Import button:

Step 5:

Select Trial balance and master XML file from location:

Step 6:

After selecting the file now click on Import Button:

Now Trial balance data imported into the software.

Hope this helps.

• Related Articles

• ZenIT || Trial Balance Import via Tally XML Files - Tally Prime

  To import the trial balance using XML from Tally Prime, please export the Trial Balance and the List of Accounts from the Tally Prime application and then import them into the Zen IT software. To Export Trial Balance using Tally Prime Software, ...

• Income tax || How to Import the Trial Balance directly from Tally and the ITR Balance Sheet And P&L A/c from the Trial

  Importing Trial Balance directly from Tally: User can eliminate repetitive work by importing the trial balance from Tally directly and preparing financial reports like the balance sheet, profit and loss, trading account, etc. To import the trial ...

• Express ITR || How to Prepare Financial Statement Through Trial Balance

  Import Financial Statements Using Trial Balance XML How to Import Trial balance From Tally To Import Trial Balance From Tally Click here To Import Step 1: Open the Trial balance Which is imported from Tally to Check the data. Step 2: Now click on ...

• ExpressGST || Import GSTR2 Data from Tally to Express GST

  ExpressGST | Importing GSTR-2 Data from Tally The following steps and prerequisites are essential for accurately importing GSTR-2 data from Tally into ExpressGST. Meeting these criteria ensures precise mapping and successful data import. ...

• Income Tax || Trial balance Import through Excel Template

  How to Import Trial Balance Through Excel Template: Preparing a trial balance through Excel involves organizing your financial data to ensure that all debits and credits balance. Here's a step-by-step guide to creating a trial balance in Excel: Step ...