Tally.ERP 9 Series A Release 3.3, 23rd December, 2011

The new Tally.ERP 9 Release 3.3 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest offering of the Tally software series. As with all Tally products, rapid updates are made available for the lifetime of the product via periodic releases, thereby providing the high level of business capability that millions of users trust. Highlights include a very light product footprint, immediate access to new features and enhancements, easy data migration and more.

New Features :

• MCA Reports in XBRL Format :
  eXtensible Business Reporting Language (XBRL), is a common reporting language used globally for reporting the Financial Statements in a common format. It is an electronic communication language used to exchange business reporting data for various purposes like analysis of information, financial decision making and comparisons using the computer platforms. The need for a common reporting language for financial statements which can be used all over the world has emerged due to globalisation of business operations and XBRL erases the boundaries for reporting purposes.
  On June 7, 2011 the Ministry of Corporate Affairs (MCA) of India, mandated the filing of annual financial statements in XBRL format for all the financial statements prepared for the financial year ending on or after March 31, 2011. The MCA Reports feature is introduced in Tally.ERP 9 to generate report for standalone or consolidated companies.

 

General Enhancements :

• Data Splitting :
  In Split Verifier the payroll voucher inadvertently recorded in payslip mode gets corrected without affecting the accounts


• Accounting Reports :
  In the F12: Configuration of Ledger Vouchers and Voucher Register, the options specific to these reports are provided.


• Job Work :
  In Material Out voucher print-out, the Invoice No. is renamed as Challan No.


• TDS :
  In F12: Configuration (journal, purchase and credit note voucher) the option - Allow Alteration of TDS Assessable Amount is provided to adjust partial advance amount
  towards TDS liability while booking expenses in journal, credit note and purchase voucher .


• Excise for Dealers :
  1. In the Invoice Print Configuration of excise sales invoice, the voucher date is captured in Date field.
  2. On selecting duty payable ledger in excise credit note, the excise duty gets calculated on the excise purchase value.

 

The highlights of this release are listed below.

• MCA's Statutory Report (in XBRL format) now available in Tally.ERP 9
  
• The user experience for Market place has been enhanced
  
• In Dealer Excise Enhancements
  
• Manufacturers Excise Enhancements
  
• New Eligibility criteria for ESI is supported for Payroll computation
  
• Service Tax Enhancements
  
• Auditors' Edition Enhancements
  

Tally.ERP 9 Feature Summary:

• Quick to install and allows incremental implementation


• Easy to customise


• Powerful remote capabilities to boost collaboration


• Audit & compliance services


• Integrated support centre


• Security management


• Statutory processes


• Manufacturer's excise


• Payroll

 

Click here for release notes

 

Excise for Manufacturers (New!) – allows you to keep Multiple Excise Registration (Manufacturer & Dealer) in a Single Company. It is possible to keep item wise Valuation Methods (Valorum, Quantum, MRP). You can create separate Unit of Measure for Excise Reporting. It is poosible to take Item wise Duty calculation for different Valuation Methods in a single invoice. Generation of Rule 11 invoice for Purchase returns is possible etc.

Control Centre (New!) – Another new capability enables you to manage your license on your own (surrender, re-activate and so on) as well as easily distribute custom codes (TDL's) and prevent their misuse.

Tally.NET (New!) - Tally.ERP 9 takes full advantage of the connected world that the Internet opens up via an umbrella of services called Tally.NET. The capabilities described above are made possible via Tally.NET. As can be seen from our roadmap document, over time the list of services available will grow in breadth and depth.

Remote Access (New!) - This deceptively simple capability to access your data across the world from another copy of Tally.ERP 9 is an exhilarating experience.!

Concurrent Multi-lingual capability – allows you to expand your business beyond geographical boundaries without worrying about language barriers. You can maintain your accounts in one language, view reports in another language and send invoices to your customers in yet another language, all at the press of a button.

Payroll – lets you automate the management of your employee records including visa and employment contract management. This feature also offers automatic calculation of salaries and payslip generation.

Job Costing – enables you to generate profitability statements for each project executed, including financial and material resource apportionments, wherever applicable.

POS Invoicing – allows faster data entry and printing on 40 column continuous stationery. It also provides barcode support.

Flexible Financial Periods – allows you to break away from inflexible accounting years and perform all accounting functions in Tally for time-periods that suit your convenience.

Unlimited Companies – allows you to create and maintain up to 99,999 companies, concurrently.

Data Synchronisation – helps you synchronise and update data across multiple locations. This enables fast and easy exchange of business information, between offices and branches, across various geographies.

Consolidation of Companies - enables grouping of companies and provides consolidated reports. Changes done in any constituent or branch company are automatically updated in the grouped information.

Unlimited levels of classification – facilitates ledger classification and re-classification as required. It also enables easy viewing and analysis of information; thus helping you make informed decisions.

Advanced MIS – helps you compare information in order to understand and analyse performance levels for various periods or divisions. It helps you study and understand the buying patterns of customers, so that you can channel your resources to specific segments, periods or customers. It also helps you analyse cash flow situations.

Drill Down Facility – helps you drill down or instantly update from any report – starting from the Balance Sheet down to Vouchers, or vice versa.