Spectrum Cloud by KDK Software offers seamless integration with Tally Prime (and earlier Tally versions like ERP 9), enabling automated data transfer for tax compliance tasks. This API-based integration allows Chartered Accountants and tax professionals to pull client data directly into the cloud platform, eliminating manual exports and imports. It’s particularly useful for handling high-volume filings for ITR, GST (GSTR-1/3B), and TDS returns.
How It Works
1. Data Fetching and Sync: Connect your client’s Tally Prime instance to Spectrum Cloud via API. The system automatically fetches ledger balances, trial balances, invoices, and transaction data in real-time or on-demand.
2. Reconciliation: Imported data is auto-reconciled against government portals (e.g., Income Tax, GSTIN, TRACES) to flag discrepancies, such as unmatched TDS or GST mismatches.
3. Import Process: Use one-click import from Tally Prime’s exported XML/Excel files or direct API sync. No need to switch applications—data flows into Spectrum Cloud’s dashboard for immediate use in return preparation.
4. Client-Side Access: Even if the client uses Tally Prime on their local system, you can remotely access and import their data without physical access or installations.
This integration supports Tally Prime’s cloud-enabled features, making it compatible with remote and multi-user setups.
Key Features
• Auto-Import of Trial Balance and Ledgers: Directly pulls profit/loss statements, balance sheets, and inventory data for ITR computations.
• GST-Specific Sync: Imports sales/purchase invoices, GSTR-2A/2B reconciliation, and e-invoicing data for bulk GSTR filings.
• TDS Handling: Fetches challan details and deductee information for quarterly TDS returns and Form 16 generation.
• Bulk Processing: Handles unlimited clients with role-based access, so teams can collaborate on synced data.
• Error Validation: Pre-fills forms with Tally data and validates against schema to prevent rejection during e-filing.
Benefits
• Time Savings: Reduces data entry by up to 80%, allowing filings 3x faster—ideal for peak seasons like July ITR deadlines.
• Accuracy and Compliance: Minimizes human errors in data transfer, with built-in alerts for notices or mismatches.
• Scalability: Unlimited imports for multi-client practices, without storage limits or per-return fees.
• Security: Data sync uses 128-bit SSL encryption, ensuring compliance with ISO 27001 standards.
Setup Requirements
• Prerequisites: Active Tally Prime license (Silver/Gold edition recommended for API access) and Spectrum Cloud subscription (starts at ₹20/day).
• Steps:
1. Log into Spectrum Cloud dashboard.
2. Navigate to “Integrations” > “Tally Prime” and generate API keys.
3. In Tally Prime, enable ODBC/API export under Gateway of Tally > F12 (Configure) > Export.
4. Link the client’s company data via Spectrum’s client portal—takes under 5 minutes.
• No additional software installation needed; works via browser on any device. For Tally Prime Server editions, ensure network access for remote sync.