Banking in Tally ERP 9 Rel 3

Just what every business needs, the Bank allocation feature brings everyday bank- related chores right to your fingertips and eases transactions and processing.

Highlights of Banking include:

  • Multiple instrument and Mode of Transaction details in single voucher
  • Instrument-wise reconciliation
  • Cash balance
  • Opening BRS
  • Cheque printing configuration with Preview
  • Multiple cheque printing/capture
  • Payment advice printing
  • Deposit slips printing

Benefits :

  • Saves time
  • Reduces errors
  • Simplifies banking
  • Improves productivity
  • Improves traceability

For download the pdf file click here (more in details)

Cash Flow Projection Statement

With Cash Flow statement at work, the owners and managers of the business find it easier to take decisions on Bank loans, negotiate credit limits, plan for capital investments and much more. Using Cash Flow statements is one simple method of ensuring the financial health of the business.

Highlights of the Cash Flow statement include:

  • Ageing of payments
  • Ageing of receipts
  • Cash balance
  • Committed payments
  • Day-wise cash position
  • Exception reports
  • Interest calculation on over-dues

Benefits :

  • Predicting cash flow
  • Financial planning/forecasting
  • Financial health of business
  • Show cash position to Financial Institutions
  • Capital investment requirements/judgement
  • Setting credit limits for parties
  • Bank loans
  • Optimising cost of finance

How to do in Tally ERP 9 Rel 3 :

  • Gateway of Tally > Display > Cash/Funds Flow > Cash Flow Projection

For download the pps file click here (more in details)

Multiple Addresses For Company and Ledger Masters

With the powerful facility in Tally.ERP 9, users can generate as many Labels as required, and do so as per their business’ nomenclature. This facility allows them to choose Labels like ‘Godown’ or ‘Warehouse’ or ‘Branch (South)’ apart from Head Office, Corporate Office etc., with corresponding details for each. Then, the user simply selects the appropriate Label from the list and the full address gets inserted in the Invoice. Multiple Addresses facility is extremely useful when Companies have multiple offices.

How to do in Tally ERP 9 Rel 3 :

  • Enable Multi-Address
  • Use Multi-Address in Ledgers
  • Print Multi-Address in Reports

For download the pps file click here (more in details)

Available new stat 136 from 10th March, 2011

New Stat.900 Version is available free for existing Tally User
Major Enhancement are :

Value Added Tax

Rajasthan

Adhering to the Notification, the following new VAT/Tax Classifications are introduced for 15% and 40% VAT rate effective from March 09, 2011:

  • Purchases @ 15%
  • Purchase from URDs – Taxable Goods @ 15%
  • Purchases – Capital Goods @ 15%
  • Purchases @ 15% (Lease)
  • Interstate Purchases @ 15%
  • Purchase @ 40% Special Rate etc

Release details of Stat900 version 136 (PDF file)

Download Stat 136

Income Tax for Salaries

Income Tax is Personal Again

Tally.ERP.9 brings businesses a complete Personal Income Tax calculation. This simple to configure and run programme handles Tax calculation on the basis of Payroll/ Expenses Voucher entered and declarations made by the employee.

This exciting feature makes it possible to generate the income tax computation sheet and IT Returns and mail it to employees, In addition, it will provide quarterly and yearly returns. With the Income Tax feature, calculating tax and submitting returns are made easy for both the organisation as well as the employee.

Highlights of the Income Tax feature include:

  • Simple to configure
  • Predefined Rules set by Income Tax Dept. will be updated as and  when rules are changed
  • Offers a manual override
  • Hides complexity
  • IT Returns come filled
  • Provides Forms 16, 16AA, 12BA plus quarterly 24Q and yearly 24 in hard copy plus ‘e’ formats

Benefits:

  • Accuracy
  • Speed
  • Reduced paperwork
  • Reduced manual entries hence less errors and better productivity
  • All returns handled from computation to returns

Image printing in Tally ERP 9 Rel 3.0

Brand Your Reports And Documents With Your Company’s Unique Identity

Print logos on your business invoices and reports with the Image Printing facility in Tally.ERP 9 Series A Release 3.0. Print images stored in BMP or JPEG formats. It is completely simple and can add finesse to any outgoing documents.

Benefits:

  • Easy identification
  • Different logos for different companies
  • Professional look
  • Saves printing costs

For download the Tally ERP 9 Rel 3.o click here

Indian Rupee Symbol in Tally ERP 9 Rel 3.0

India’s new currency symbol brings it into an exclusive international club of 8 countries with their unique symbols. Tally.ERP 9 Series A Release 3.0 allows you to use the new symbol for your business, integrating it with all documents. Go ahead…being proud of being Indian is the Tally way too.

Benefits:

  • Professional look on documents
  • Ease of dealing with multiple currencies
  • Quick recognition of Currency

For download the Tally ERP 9 Rel 3.o click here

Available new stat 134 from 18th February, 2011

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

Major Enhancement are :

Value Added Tax

Orissa

The E-VAT and E-CST features are introduced to facilitate the export of data using excel spreadsheet format to the excel template file as prescribed by the Commercial Tax Department.

Excise for Dealers

In Tally.ERP 9, support for accounting wastage, shortage, loss or theft of excise stock items purchased has been provided in Journal Voucher. Details of Duty not passed on wastage, shortage, loss or theft of excise stock item is captured in Form RG 23D report.
Note: To account wastage, shortage, loss or theft of Excise stock item in Journal Voucher, users have to create voucher Class by enabling the option Use Class for Dealer Excise Adjustments.

Excise for Manufacturers

Tally.ERP 9 now provides ER 1 E-Return capability to its users. By using ER 1 E-Return feature, the user can export the E-Returns from Tally.ERP 9 in the format as prescribed by Automation of Central Excise and Service Tax (ACES).
The following Validation Reports are provided for ER 1 E-Returns

  • Excise Reporting UOM
  • Tariff/HSN Code
  • Negative Quantity
  • Identify Notification Type (Tariff/Non-Tariff)

Payroll

For UAE, a new field – Agent ID has been provided in the Employee Master under the Bank Details for capturing the Agent ID. If any Employee does not have the bank account in the Employers bank, Agent ID needs to be captured which will appear in SIF report.
Note: When Agent ID is empty the Employer’s Bank code will appear in SIF report.

Service Tax

A new flag Refund of Service Tax Input Credit has been provided in Journal Voucher. This flag can be used to record the refund of service tax paid on the input services which are used for Manufacturing Goods or providing Services Exported

Tax Deducted at Source

The functionality has been enhanced to calculate the TDS at Higher rate i.e. @ 20% for parties who do not have PAN or who have applied for PAN when PANNOTAVBL or PANAPPLIED is specified in PAN field in Party ledger master

Release details of Stat900 version 134 (PDF file)

Download Stat 134

Tally.ERP 9 Series A Release 3.0, Build 09 18th Feb 2011

The new Tally.ERP 9 Release 3.0 is available now!

FREE for all users of Tally.ERP 9.*

Little things in Tally.ERP 9 Release 3.0 enable you to do much more…and impact your business positively. A Bank allocation feature that eases transactions and processing. Or the feature that lets you settle your pending Bills from the outstandings report. Others that let you close your dangling accounts, or boost your business’ image by adding your company logo to invoices.

The highlights of this release are listed below.

  • Rupee Symbol
  • Image Printing
  • Banking
  • Tally Marketplace
  • Bill Settlement from outstanding
  • Pre-Closure of Orders
  • Receipts & Payments Reports
  • Job Work In/Out
  • Income Tax for Salaries
  • Cash flow projection statement
  • Multiple addresses for company and ledger masters
  • Tally in Arabic

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 @ C-Change 2011

Tally was there at last year’s C-Change held at the Goa Marriott. Our presentation titled “Collaborate & Grow” painted a strategic Supply Chain Management story that would help the enterprise CIO take his or her Company to the next level.

In this C-Change we’ll be bringing you predictive means of going beyond technology challenges beginning from the philosophical stages of Design, to demonstrate how technology agnosticism will:

  • Improve usability
  • Reduce noise
  • Boost collaboration
  • Enhance intelligence

Tally Representation

The Tally team will be headed by Shoaib Ahmed-President, and can be engaged with at the Tally stall or at the networking sessions arranged during the event.

Agenda

Date (18th Feb) Session Speaker
16:25 hrs -16:45 hrs Technology Solution Session Shoaib Ahmed

About C-Change

CIOL and Dataquest present the Eighth Business Technology Forum, C-Change 2011. This Annual forum creates a platform that brings together the top 100 CIOs and business leaders for a peer to peer interaction, learning and knowledge sharing about technology from business perspective.

2011 edition of C Change will focus on accelerated change for those CIOs who can bring to the enterprise a new strength repertoire by creating new values and collaborating with newer partnerships and technologies click here for more…