Available new stat 254 from 3rd February, 2016

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Vat

Rajasthan :

    • In adherence to the notification, to support the VAT rate revision from 5% to 5.5%, the following VAT/Tax classifications are provided, effective from 2nd Feb 2016:
      • CST @ 5.5/Interstate Sales @ 5.5%
      • Output VAT @ 5.5%/Sales @ 5.5%
      • Purchase Tax @ 5.5%
      • Output VAT –Works Contract @ 5.5%/Sales – Works Contract @ 5.5%
      • Input VAT @ 5.5%/Purchases @ 5.5%
      • Purchase From URDs –Taxable Goods @ 5.5%
      • Input VAT @ 5.5 (Lease)/Purchases @ 5.5 % (Lease)
      • Purchases – Capital Goods @ 5.5%
      • Interstate Purchases @ 5.5%

Note: Currently, the values of transactions recorded using the aforesaid classifications will be captured in the VAT Computation report. In the forthcoming product release, the functionality will be enhanced to capture the values of entries recorded, in the relevant VAT Forms.

And more….

Tally.ERP 9 Series A Release 5.1.3, January, 2016

The new Tally.ERP 9 Release 5.1.3 is available now!

Tally.ERP 9 Release 5 offers you a wide range of product enhancements aimed to make business management far easier and simpler for you. Release 5.3.1 is the latest release under the Tally.ERP 9 Release 5 series, that delivers a magical migration experience to help users to seamlessly migrate to the latest release. The release also includes product improvements from Release 5.3

Release 5.3.1 provides all the iTax return forms applicable to Kenya region.

Please note that Release 5.1.3 is applicable for selected states within India, namely

  • Andhra Pradesh
  • Assam
  • Chandigarh
  • Delhi
  • Goa
  • Gujarat
  • Haryana
  • Karnataka
  • Kerala
  • Maharashtra
  • Odisha
  • Puducherry
  • Punjab
  • Rajasthan
  • Tamil Nadu
  • Telangana
  • Uttar Pradesh
  • West Bengal

Highlights :

  • Powerful and simplified statutory functionality brings to you the best solution to manage your taxation in the simplest and most efficient manner. Release 5 gives you the experience of a hand-prepared return with intuitive intelligence designed to help you generate 100% accurate returns in a matter of minutes. With Release 5, you enjoy the complete flexibility to configure tax rates and classifications as applicable to your business as well as a simple and easy experience to record transactions. What’s more, it also enables you to save your finalized returns which will help you to either modify them or prepare revised returns as appropriate.
    Migrate to Tally.ERP 9 release 5.3.1 quickly with the all new Tax Rate Setup tool. Easily view and specify VAT rates and excise tariffs, and start recording transactions in no time at all.  Using the Tax Rate Setup tool ensures maximum productivity in business operations by making the entire process of setting VAT or excise tariff rates effective, and quick.
  • On-Demand Data Synchronization that gives you the ability to share information across your locations in a simple, reliable and secure manner, without the need to be simultaneously connected to each other. This completely eliminates the need for intensive and rigid schedules; delivering the benefit of sheer convenience in your hands. Release 5 takes advantage of the Tally.NET Services for synchronisation of master information as well as transaction data across locations and ensures that creation, modifications and deletions are appropriately updated.
  • Comprehensive post-dated cheque management wherein you can flexibly track and record post-dated cheques which are automatically regularised on the due date. What’s more, you enjoy full visibility of PDCs issued and received along with their real-time accounts; enabling accurate and informed cash planning.
  • Lighter and Swifter Tally.ERP 9 ensuring a highly optimised system memory usage, hassle free and efficient product update experience delivering only those updates which are relevant to you.
  • One click zero-configuration installer that greatly simplifies the installation process and reduces the set-up time so that you are up & running in seconds.
  • Robust Licensing enables multiple users to use the same single user license to access data, one user at a time.
  • Over 2000 product enhancement & issue resolution requests are addressed to further improve the Product Stability and Completeness.

Product Improvement :

Banking

  • The provision to print customer’s copy in cheque deposit slip has been made: The option Print Customer’s Copy Also? has been provided in the Printing Cheque Deposit Slip screen. This option allows the user to print the customer’s copy, if required.
  • Error message was displayed on entering the first digit as 0 for Citi bank in the bank ledger, resolved: In the bank ledger, if Citi Bank was selected in Select your Bank? option, and 0 was entered as the first digit in A/c No. field, an error message was displayed.
  • Reconciled vouchers were being unreconciled when a voucher was altered from Bank Reconciliation screen, resolved: During reconciliation of payments or receipts, the bank date was set for a few vouchers. When the next voucher displayed in the Bank Reconciliation screen was altered, the vouchers previously reconciled reverted to being unreconciled.

Masters

  • Allow inclusive of tax for stock items option in stock item master was disabled automatically, resolved: After enabling the option Allow inclusive of tax for stock items in F12:Configure screen in the stock item master, if the application was closed and reopened, the option was getting disabled. and more….

Reports

  • The option Show Supplementary Details in accounting reports is removed for non-excise and international customers: For non-excise and international customers,  the option Show Supplementary Details in F12: Configure from accounting reports such as Day Book, sales register, purchase register and others is removed.

  • CST on taxable stock items were apportioned to exempt stock items in inventory reports, resolved: In Stock Summary and other inventory reports, the CST value of taxable stock items was being apportioned to exempt stock items, when both taxable and exempt stock items were selected in an interstate purchase invoice. and more….

 And more…

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

Click here for download

Tally.ERP 9 Series A Release 5.1.2, November, 2015

The new Tally.ERP 9 Release 5.1.2 is available now!

Tally.ERP 9 Release 5 offers you a wide range of product enhancements aimed to make business management far easier and simpler for you. Release 5.1.2 is the latest release under the Tally.ERP 9 Release 5 series and includes the product improvements from Release 5.0.

Please note that Release 5.1.2 is applicable for selected states within India, namely

  • Andhra Pradesh
  • Chandigarh
  • Delhi
  • Gujarat
  • Karnataka
  • Kerala
  • Maharashtra
  • Rajasthan
  • Tamil Nadu
  • Telangana
  • Uttar Pradesh

 

Highlights :

  • Powerful and simplified statutory functionality brings to you the best solution to manage your taxation in the simplest and most efficient manner. Release 5 gives you the experience of a hand-prepared return with intuitive intelligence designed to help you generate 100% accurate returns in a matter of minutes. With Release 5, you enjoy the complete flexibility to configure tax rates and classifications as applicable to your business as well as a simple and easy experience to record transactions. What’s more, it also enables you to save your finalized returns which will help you to either modify them or prepare revised returns as appropriate.New in Release 5.1.2
    Migrate to Tally.ERP 9 release 5.1.2 quickly with the all new Tax Rate Setup tool. Easily view and specify VAT rates and excise tariffs, and start recording transactions in no time at all.  Using the Tax Rate Setup tool ensures maximum productivity in business operations by making the entire process of setting VAT or excise tariff rates effective, and quick.
  • On-Demand Data Synchronization that gives you the ability to share information across your locations in a simple, reliable and secure manner, without the need to be simultaneously connected to each other. This completely eliminates the need for intensive and rigid schedules; delivering the benefit of sheer convenience in your hands. Release 5 takes advantage of the Tally.NET Services for synchronisation of master information as well as transaction data across locations and ensures that creation, modifications and deletions are appropriately updated.
  • Comprehensive post-dated cheque management wherein you can flexibly track and record post-dated cheques which are automatically regularised on the due date. What’s more, you enjoy full visibility of PDCs issued and received along with their real-time accounts; enabling accurate and informed cash planning.
  • Lighter and Swifter Tally.ERP 9 ensuring a highly optimised system memory usage, hassle free and efficient product update experience delivering only those updates which are relevant to you.
  • One click zero-configuration installer that greatly simplifies the installation process and reduces the set-up time so that you are up & running in seconds.
  • Robust Licensing enables multiple users to use the same single user license to access data, one user at a time.
  • Over 2000 product enhancement & issue resolution requests are addressed to further improve the Product Stability and Completeness.

Product Improvement :

Banking

  • The provision to print customer’s copy in cheque deposit slip has been made: The option Print Customer’s Copy Also? has been provided in the Printing Cheque Deposit Slip screen. This option allows the user to print the customer’s copy, if required.
  • Error message was displayed on entering the first digit as 0 for Citi bank in the bank ledger, resolved: In the bank ledger, if Citi Bank was selected in Select your Bank? option, and 0 was entered as the first digit in A/c No. field, an error message was displayed.
  • Reconciled vouchers were being unreconciled when a voucher was altered from Bank Reconciliation screen, resolved: During reconciliation of payments or receipts, the bank date was set for a few vouchers. When the next voucher displayed in the Bank Reconciliation screen was altered, the vouchers previously reconciled reverted to being unreconciled.

Masters

  • Allow inclusive of tax for stock items option in stock item master was disabled automatically, resolved: After enabling the option Allow inclusive of tax for stock items in F12:Configure screen in the stock item master, if the application was closed and reopened, the option was getting disabled. and more….

Reports

  • The option Show Supplementary Details in accounting reports is removed for non-excise and international customers: For non-excise and international customers,  the option Show Supplementary Details in F12: Configure from accounting reports such as Day Book, sales register, purchase register and others is removed.

  • CST on taxable stock items were apportioned to exempt stock items in inventory reports, resolved: In Stock Summary and other inventory reports, the CST value of taxable stock items was being apportioned to exempt stock items, when both taxable and exempt stock items were selected in an interstate purchase invoice. and more….

 And more…

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

Click here for download

Tally.ERP 9 Series A Release 5.1, September, 2015

The new Tally.ERP 9 Release 5.1 is available now!

Tally.ERP 9 Release 5 offers you a wide range of product enhancements aimed to make business management far easier and simpler for you. Release 5.1 is the latest release under the Tally.ERP 9 Release 5 series and includes the product improvements from Release 5.0. .

Highlights :

  • Powerful and simplified statutory functionality brings to you the best solution to manage your taxation in the simplest and most efficient manner. Release 5 gives you the experience of a hand-prepared return with intuitive intelligence designed to help you generate 100% accurate returns in a matter of minutes. With Release 5, you enjoy the complete flexibility to configure tax rates and classifications as applicable to your business as well as a simple and easy experience to record transactions. What’s more, it also enables you to save your finalized returns which will help you to either modify them or prepare revised returns as appropriate.

    New in Release 5.1
    Migrate to Tally.ERP 9 release 5.1 quickly with the all new Tax Rate Setup tool. Easily view and specify VAT rates and excise tariffs, and start recording transactions in no time at all.  Using the Tax Rate Setup tool ensures maximum productivity in business operations by making the entire process of setting VAT or excise tariff rates effective, and quick.

  • On-Demand Data Synchronization that gives you the ability to share information across your locations in a simple, reliable and secure manner, without the need to be simultaneously connected to each other. This completely eliminates the need for intensive and rigid schedules; delivering the benefit of sheer convenience in your hands. Release 5 takes advantage of the Tally.NET Services for synchronisation of master information as well as transaction data across locations and ensures that creation, modifications and deletions are appropriately updated.
  • Comprehensive post-dated cheque management wherein you can flexibly track and record post-dated cheques which are automatically regularised on the due date. What’s more, you enjoy full visibility of PDCs issued and received along with their real-time accounts; enabling accurate and informed cash planning.
  • Lighter and Swifter Tally.ERP 9 ensuring a highly optimised system memory usage, hassle free and efficient product update experience delivering only those updates which are relevant to you.
  • One click zero-configuration installer that greatly simplifies the installation process and reduces the set-up time so that you are up & running in seconds.
  • Robust Licensing enables multiple users to use the same single user license to access data, one user at a time.
  • Over 2000 product enhancement & issue resolution requests are addressed to further improve the Product Stability and Completeness.

Product Improvement :

Banking

  • The provision to print customer’s copy in cheque deposit slip has been made: The option Print Customer’s Copy Also? has been provided in the Printing Cheque Deposit Slip screen. This option allows the user to print the customer’s copy, if required.
  • Error message was displayed on entering the first digit as 0 for Citi bank in the bank ledger, resolved: In the bank ledger, if Citi Bank was selected in Select your Bank? option, and 0 was entered as the first digit in A/c No. field, an error message was displayed.
  • Reconciled vouchers were being unreconciled when a voucher was altered from Bank Reconciliation screen, resolved: During reconciliation of payments or receipts, the bank date was set for a few vouchers. When the next voucher displayed in the Bank Reconciliation screen was altered, the vouchers previously reconciled reverted to being unreconciled.

Masters

  • Allow inclusive of tax for stock items option in stock item master was disabled automatically, resolved: After enabling the option Allow inclusive of tax for stock items in F12:Configure screen in the stock item master, if the application was closed and reopened, the option was getting disabled. and more….

Reports

  • The option Show Supplementary Details in accounting reports is removed for non-excise and international customers: For non-excise and international customers,  the option Show Supplementary Details in F12: Configure from accounting reports such as Day Book, sales register, purchase register and others is removed.

  • CST on taxable stock items were apportioned to exempt stock items in inventory reports, resolved: In Stock Summary and other inventory reports, the CST value of taxable stock items was being apportioned to exempt stock items, when both taxable and exempt stock items were selected in an interstate purchase invoice. and more….

 And more…

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

Click here for download

Tally.ERP 9 Series A Release 5, August, 2015

The new Tally.ERP 9 Release 5 is available now!

Tally.ERP 9 Release 5.0 offers you a wide range of product enhancements aimed to make business management far easier and simpler for you.

Highlights :

  • Powerful and simplified statutory functionality brings to you the best solution to manage your taxation in the simplest and most efficient manner. Release 5.0 gives you the experience of a hand-prepared return with intuitive intelligence designed to help you generate 100% accurate returns in a matter of minutes. With Release 5.0, you enjoy the complete flexibility to configure tax rates and classifications as applicable to your business as well as a simple and easy experience to record transactions. What’s more, it also enables you to save your finalized returns which will help you to either modify them or prepare revised returns as appropriate.
  • On-Demand Data Synchronization that gives you the ability to share information across your locations in a simple, reliable and secure manner, without the need to be simultaneously connected to each other. This completely eliminates the need for intensive and rigid schedules; delivering the benefit of sheer convenience in your hands. Release 5.0 takes advantage of the Tally.NET Services for synchronisation of master information as well as transaction data across locations and ensures that creation, modifications and deletions are appropriately updated.
  • Comprehensive post-dated cheque management wherein you can flexibly track and record post-dated cheques which are automatically regularised on the due date. What’s more, you enjoy full visibility of PDCs issued and received along with their real-time accounts; enabling accurate and informed cash planning.
  • Lighter and Swifter Tally.ERP 9 ensuring a highly optimised system memory usage, hassle free and efficient product update experience delivering only those updates which are relevant to you.
  • One click zero-configuration installer that greatly simplifies the installation process and reduces the set-up time so that you are up & running in seconds.
  • Robust Licensing enables multiple users to use the same single user license to access data, one user at a time.
  • Over 2000 product enhancement & issue resolution requests are addressed to further improve the Product Stability and Completeness

Issues Resolved :

Company Master

  • Cursor was skipping the Maintain Bill-wise Details option of Accounting Features for company enabled with Service Tax and TDS, resolved:In a company that was enabled with Service Tax and TDS features, the cursor was skipping the option, Maintain Bill-wise Details in F11: Accounting Features. and more…

 Data Split

  • Error message displayed while performing data split in Educational mode is changed: The data split feature is enhanced to display an appropriate error message when data containing transactions for dates other than 1st, 2nd, and 31st of a month is split in Educational mode. and more….

Accounting Vouchers

  • Provision has been made for alteration of a cost centre class in a duplicate voucher: When an invoice created using voucher type with pre-defined cost centre class was being duplicated using Alt+2, the cursor was not move to Cost Centre Class field in the duplicated voucher.  and more….

 And more…

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

Click here for download

Available new stat 243 from 28th May, 2015

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Service Tax :

  • Uniform abatement rate of 70% is supported for transport of goods by rail, road, and vessel with effect from 1 April, 2015
  • Increase in service tax rate from 12.36% (inclusive of cesses) to 14% (subsuming the cesses) with effect from 1 June, 2015, is supported.

And more….

Available new stat 242 from 14th May, 2015

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Payroll :

  • In adherence to Budget 2015, the following changes have been supported, effective from 1 April 2015:
    • Revised slab rate of 12% to incorporate the increase in surcharge by 2% on super-rich individuals, whose taxable income exceeds ` 1 Crore.
    • Increase in monthly exemption limit on Transport Allowance from
      • Rs. 800 to Rs. 1,600 for Others.
      • Rs. 1,600 to Rs. 3,200 for Physically Challenged.
    • Increase in yearly exemption limit on Mediclaim Insurance and Mediclaim Insurance (Dependent) under Section 80D from
      • Rs. 15,000 to 25,000 for Others.
      • Rs. 20,000 to 30,000 for Senior Citizens.
    • Increase in yearly exemption limit on Expenditure for Medical Treatment for Handicapped Dependent under Section 80DD from
      • Rs. 50,000 to Rs. 75,000 for Others
      • Rs. 1,00,000 to Rs. 1,25,000 for Severe Disability
    • Increase in yearly exemption limit for Person with Disability under Section 80U from
      • Rs. 50,000 to Rs. 75,000 for Others
      • Rs. 1,00,000 to Rs. 1,25,000 for Severe Disability.

Vat

Jammu & Kashmir :

  • In adherence to the state budget, the following VAT/Tax classifications have been provided, effective from 1 April, 2015:
    • Purchases – Zero Rated
    • Sales – Zero Rated (Inter State)

Note: Currently, the values of transactions recorded using the aforesaid classifications will be captured in the VAT Computation report. In the forthcoming product releases, the functionality will be enhanced to capture the values of entries recorded, in the relevant VAT Forms.

 

Maharashtra:

  • In adherence to the notification, to support the VAT rate of 26% on any other kind of Motor Spirit, the following VAT/Tax classifications have been provided, effective from 1 June, 2012:
    • Input VAT @ 26%/Purchase @ 26%
    • Output VAT @ 26%/Sales @ 26%

Note: Currently, the values of transactions recorded using the aforesaid classifications for 26% VAT rate will be captured in the VAT Computation report. In the forthcoming product releases, the functionality will be enhanced to capture the values of entries recorded, in the relevant VAT Forms.

Tamil Nadu :

  • In adherence to the state budget, the following VAT/Tax classifications have been provided, effective from 1 April, 2015:
    • Inter-State Purchases – Exempted
    • Works Contract – Exempt

Note:  Currently, the values of transactions recorded using the aforesaid classifications will be captured in the VAT Computation report. In the forthcoming product releases, the functionality will be enhanced to capture the values of entries recorded, in the relevant VAT Forms

 

And more….

Tally Academy Student Online E-Learning Portal

Enhance Your Knowledge by registering your self with TallyAcademy Student Portal

TallyAcademy Portal Includes :

  • Updated Digital  Notes on Tally.ERP 9
  • Free Mock Test
  • Access to Latest News Letter
  • Opportunity to get Certified and be a part of Hall Of Fame

 

Benefits of TallyAcademy Portal

  • Certification
  • Enhance your knowledge
  • Boost your career
  • Be a part of Hall of Fame
  • Know the product maximum extent

 

Access to the following sites are already FREE @ Tally Academy :

  1. Tally Academy Blogs
  2. Tally Academy Jobs
  3. Tally Acaedmy Forums

 

To register Click Here 

Available new stat 241 from 24th April, 2015

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Vat

Chandigarh :

    • In adherence to the notification, to support the new VAT rate of 14.3%on batteries and 9.35% on mobiles, the following VAT/Tax classifications have been provided, effective from 18 April, 2015:
      Battery
      • CST @ 14.3%/Interstate Sales @ 14.3%
      • Input VAT @ 14.3%/Purchase @ 14.3%
      • Interstate Purchases @ 14.3%
      • Output VAT @ 14.3%/Sales @ 14.3%
      • Output VAT – Works Contract @ 14.3%/Sales-Works Contract @ 14.3%
      • Purchase From URDs – Taxable Goods @ 14.3%
      • Purchases – Capital Goods @ 14.3%
      • Purchase Tax @ 14.3%
      • Purchases – Capital Goods @ 14.3% (Notional)
Mobile
  • CST @ 9.35%/Interstate Sales @ 9.35%
  • Input VAT @ 9.35%/Purchase @ 9.35%
  • Interstate Purchases @ 9.35%
  • Output VAT @ 9.35%/Sales @ 9.35%
  • Output VAT – Works Contract @ 9.35%/Sales-Works Contract @ 9.35%
  • Purchase From URDs – Taxable Goods @ 9.35%
  • Purchases – Capital Goods @ 9.35%
  • Purchase Tax @ 9.35%
  • Purchases – Capital Goods @ 9.35% (Notional)

The following new VAT/Tax classifications are supported effective from 1 April, 2012:

  • Purchases Against Form – H (Within State)
  • Sales Against Form-H (Within State)

Note: Currently, the values of transactions recorded using the aforesaid classifications for VAT rates 14.3%, 9.35%, and the transactions against Form – H will be captured in the VAT Computation report. In the forthcoming product release, the functionality will be enhanced to
capture the values of entries recorded, in the relevant VAT Forms.

Jharkhand :

  • In adherence to the notification, to support the new VAT rate of 2.5% applicable on iron and steel the following VAT/Tax classifications have been provided, effective from 10 April, 2015::
    • CST @ 2.5%/Interstate Sales @ 2.5%
    • Input VAT @ 2.5%/ Purchases @ 2.5%
    • Interstate Purchases @ 2.5%
    • Output VAT @ 2.5%/Sales @ 2.5%
    • Output VAT – Works Contract @ 2.5%/Sales-Work Contract @ 2.5%
    • Purchase From URDs – Taxable Goods @ 2.5%
    • Purchase Tax @ 2.5%
    • Purchases – Capital Goods @ 2.5%
      Note: Currently, the values of transactions recorded using the aforesaid classifications will be captured in the VAT Computation report. In the forthcoming product release, the functionality will be enhanced to capture the values of entries recorded, in the relevant VAT Forms.

And more….