Tally.ERP 9, Series A, Release 1.81, 10th June 2010

Service Tax Migration

#  Service Tax Migration capability has been enhanced to handle more data migration issues.
Note: For Service Tax Migration Process refer Service Tax Data Migration.
# A new configuration option Print Service Tax Amount (in words) has been provided in F12: Invoice Printing Configuration, to print Service Tax Amount in words in Service Invoice.

In Tally.ERP 9

Service Tax
Data Audit
Reports Now in PDF and Image Formats
Data Synchronisation
Quick Setup (Wizard)
Stock Query
Mass Emailing
Batch Vouchers Report
Multi Page Excise Invoice Printing

In Tally.ERP 9 – Auditors’ Edition

Statutory Audit
Schedule VI
Data Analysis
Quick Setup (Wizard)
Auditing

Please click here for download the same

The highlights of this release are listed below. See the complete release notes here.

Available new stat 114 from 28th May, 2010

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

Service Tax :

Two new Service Tax Exception Reports have been provided for tracking the non-migrated service tax vouchers.

Service Tax Exception Reports are

  • Un-Migrated Vouchers: This report displays un-migrated and partially migrated sales, purchase, credit Note, Debit note and Journal Vouchers
  • Un-Migrated Bills: This report displays the un-migrated Service tax payments and Input Credit adjustment payment/ journal vouchers

Note: For Service Tax Migration Process refer Service Tax Data Migration.

Vat :

Karnataka :

The rate-wise break-up of interstate sales and CST are captured in box 7.5 and 7.11 of Form VAT 100 for 5% and 13.5%.

Tamil Nadu  :

The refund application form for exporters – Form W is provided as per statutory requirements.

Release details of Stat900 version 114 (PDF file )

Download Stat 114

Tally.ERP 9, Series A, Release 1.8, 19th May 2010

The highlights of this release are listed below. See the complete release notes here.

In Tally.ERP 9

Service Tax
Data Audit
Reports Now in PDF and Image Formats
Data Synchronisation
Quick Setup (Wizard)
Stock Query
Mass Emailing
Batch Vouchers Report
Multi Page Excise Invoice Printing

In Tally.ERP 9 – Auditors’ Edition

Statutory Audit
Schedule VI
Data Analysis
Quick Setup (Wizard)
Auditing

Please click here for download the same

Available new stat 112 from 12th May, 2010

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

Payroll

The ESI eligibility Amount threshold limit has been increased from Rs. 10,000 to Rs. 15,000 from 1st May 2010. The eligibility amount which was specified in the Payroll Statutory Details screen has been shifted to Statutory Masters (Stat.900). The ESI eligibility Amount field will not be available for the user to change the threshold limit each time the value changes.

The arrears calculation for the month of April for the ESI deduction and ESI Contribution will also be taken care automatically by the Statutory Masters file.

Vat :

Andhra Pradesh :

The value of journal entries made by selecting Adjustment Towards CST in the Used for field is captured with the tag – Set Off Against VAT under box 9 of Form C.S.T VI.

Tamil Nadu  :

As per the Notification, the e-VAT Annexures are provided in the revised format.

Release details of Stat900 version 112 (PDF file )

Download Stat 112

Available new stat 111 from 28th April, 2010

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

The percentage or amount of deduction from purchase price of works contract can be entered
on selecting the VAT/Tax class provided for Works Contract Purchases. The input VAT is calculated
on the taxable contract price. The value of these entries is captured in Form DVAT 16.
Goa
  • The value of entries made using the VAT/Tax classifications provided for 5% VAT Rate is captured in Form VAT – III.

Gujarat

  • The aggregate of assessable value and tax amount is captured in the Total column of CST Appendix I and II.
  • The value of entries made using the VAT/Tax class provided for 17.5% VAT Rate is captured in Form 201 and Form 205.

Release details of Stat900 version 111 (PDF file )

Download Stat 111

Available new stat 110 from 16th April, 2010

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

As per statutory requirements, the revised Form DVAT 16 is provided. The following VAT/Tax
classifications and VAT Adjustments are activated to capture the values in appropriate fields of
revised Form.
VAT/Tax Classifications
  • Purchases – Works Contract @ 4%
  • Purchases – Works Contract @ 5%
  • Purchases – Works Contract @ 12.5%
  • Input VAT – Works Contract @ 4%
  • Input VAT – Works Contract @ 5%
  • Input VAT – Works Contract @ 12.5%
  • Inter-State Purchases – Exempted
  • Sales – Works Contract @ 4%
  • Output VAT – Works Contract @ 4%
  • Labour, Service, Job Work & Other Charges
VAT Adjustments
  • Reversal of Labour and Service Charges
  • Reversal of ITC on Goods Sold Below Purchase Price
  • Input Tax Credit on Opening Stock
  • Reverse Credit on Goods Unsold at the Time of Business Closure
Himachal Pradesh
  • The value of entries made using the VAT/Tax classifications provided for 5% VAT rate is captured in Forms and Annexures.

Release details of Stat900 version 110 (PDF file )

Download Stat 110

Quick Setup in Tally ERP 9

Introducing a power wizard to simplify your tax configurations on Tally.ERP 9

Quick set up is a powerful wizard that will guide you to configure statutory masters required for the effective use of a particular statutory module. It is a one time, step-by-step configuration that will ensure the tax rates/percentage for various items and services, tax assessment number, name and designation of person incharge of business etc. are set up for your business accurately. It only takes few minutes to configure and if there is a change in the taxation policy in future, you will have to reconfigure the values. Quick setup is a single window statutory master configuration screen that allows configuring accounts and inventory masters required for every statutory module. Quick setup allows you to make required basic configurations to the masters to account statutory transactions. It also allows making advance configurations, wherever applicable. With quick setup you will be able to select the tax module of your choice in one step without having to go through the entire menu option.

Currently quick setup is available for the following taxation modules:

Tally.ERP 9 – Auditors’ Edition

Tally.ERP 9 – Auditors\’ Edition : Presentation

The auditor can also generate the required Financial Statements like Balance Sheet andProfit & Loss Account as per Schedule VI which needs to be submitted to the stake holders as per the format prescribed in Company’s act.

Highlights of Statutory Audit Tool

• Flexibility to compare data available in two different Companies

• Present the data in the required format for analysis and Audit

• Highlight specific exceptions

• Step by Step approach to conduct various analysis to find deviations

• Facility to apply sampling methods to filter transactions for vouching

• Provides the facility to perform audit and provide necessary audit comments

• Functionalities like Cut, Paste, Undo etc. have been provided to classify/re-classify
any default Tally Group/Ledger Balances to prepare the required reports.

Available new stat 109 from 06th April, 2010

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

Regular VAT
􀂇 As per the Gujarat Government Gazette provided for Amendment of Schedule II, the following
new VAT/Tax Classifications have been introduced effective from April 1, 2010:
􀂄 Purchases @ 17.5%
􀂄 Input VAT @ 17.5%
􀂄 Sales @ 17.5%
􀂄 Output VAT @ 17.5%
Haryana
􀂇 Adhering to the Notification, the following new VAT/Tax Classifications have been introduced
effective from April 1, 2010:
􀂄 Input Surcharge @ 5%
􀂄 Output Surcharge @ 5%

Release details of Stat900 version 109 (PDF file )

Download Stat 109

Available new stat 108 from 01st April, 2010

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

Regular VAT
􀂄 Purchases @ 5%
􀂄 Purchases – Capital Goods @ 5%
􀂄 Input VAT @ 5%
􀂄 Sales @ 5%
􀂄 Output VAT @ 5%
􀂄 Sales Builders and Developers @ 1% (Composition)
􀂄 Composition Tax – Builders and Developers @ 1%

The functionality of e-Audit Form 704 is enhanced as per the requirements of revised

FORM-704.xls file. etc

Release details of Stat900 version 108 (PDF file )

Download Stat 108