Available new stat 224 from 3rd April, 2014

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

Major Enhancement are :

 

VAT :

Kerala :

  • As per the Notification, the following VAT/Tax classes are provided to account for the VAT @ 22% on Cigarettes (for the purpose of manufacturing taxable goods) w.e.f. 01 April, 2014:
    • Output VAT @ 22% / Sales @ 22%
    • Input VAT @ 22% / Purchases @ 22%

The value of entries recorded using this classification will be currently captured only in VAT Computation report.
Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using VAT/Tax classifications provided for 3% VAT rate in return Forms.

Punjab :

  • As per the Notification, the following VAT/Tax classes are provided to account for the VAT @ 3% on Milk (for the purpose of manufacturing taxable goods) w.e.f. 01 March, 2014:
    • Output VAT @ 3% / Sales @ 3%
    • Input VAT @ 3% / Purchases @ 3%
    • Interstate Purchases @ 3%
    • CST @ 3% / Interstate Sales @ 3%

The value of entries recorded using this classification will be currently captured only in VAT Computation report.
Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using VAT/Tax classifications provided for 3% VAT rate in return Forms

Available new stat 222 from 15th March, 2014

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

Major Enhancement are :

 

Excise for Manufacturers :

  • The quantity cleared, assessable value, and the duty value of sales transactions recorded by selecting any of the following Natures of Removal, will be captured in the e-Return XML file and the printout:
    • Export
    • Export/LUT
    • Export – Duty Chargeable
    • SEZ/Bond
    • SEZ/LUT
    • SEZ/Rebate

Local Body Tax (LBT) :

  • LBT Computation Report is enhanced to enable detailed view of the category Non Taxable Purchases (Schedule B).
  • An option Filter based on is provided in F12:Configuration in the Purchase Register
  • F12: Configuration option is provided in the Stock Configuration screen under LBT Computation report.

VAT :

Jammu & Kashmir :

  • As per the templates prescribed by the department, e-Filing of VAT Form 11 is supported.

Orissa :

  • As per the latest statutory amendments CST Return Form-I is enhanced and three Annexures G, H and I are provided.
  • eCST Annexures G,H, I and eCST Changes as per Ver 1.0.1 are supported.

Tamil Nadu

  • Annexure V for Monthly VAT Return Form is supported.

VAT/CST Common

CST Forms Receivables and Issuable reports are updated to provide the following enhancements:

  • Option £: Set/Alter Form No. to alter form number and series number entered during voucher entry
  • The following options have been provided in F12: Configure to hide/show columns as per convenience
    • Show Voucher Number
    • Show Voucher Ref.
    • Show Voucher Type
    • Show Party’s CST No.
    • Show Party’s TIN No.
    • Show Order Details
    • Show Details of Form
    • Show Vouchers of
  • Company’s Taxation Registration Details will be captured in the reports
  • The option All Relevant Parties is provided in the M:Mail screen to enable e-mailing to multiple parties in C Form Reminder Letter
  • In the Printing screen, the option Print Quarter wise Sub-totals is provided to capture the quarter wise sub totals
  • When credit/debit note is raised with respect to any price difference then the value will be captured in Forms Receivable and Issuable
  • Option to print Company Logo in Forms Issuable
  • F4 button provided to change the party in the ledger wise reports and group in group wise reports
  • The option Sort By is provided in F12: Configure to sort the forms based on the receipt date of the forms
  • The option Show Details of Form is provided in F12: Configure to view either only the forms issued or forms received through F12: Configuration
  • Party’s CST Number will be printed in the forms based on F12: Configuration

And more….

Release details of Stat.900 version 222 (PDF file)

Download Stat 222

Upcoming Releases on 3rd March, 2014

The following will be supported in the Tally upcoming release :

Service Tax

♦  The e-filing facility for ST-3 will be provided as per the statute

Value Added Tax

♦ Arunachal Pradesh
— The eVAT Annexures for Interstate purchase details and online form requisition will be
provided as per the requirements

♦ Delhi
— The Physical VAT Annexures for Regular dealers will be enhanced as per the
latest amendments

♦ Jammu & Kashmir
— The e-filing facility will be provided as per the requirement

♦ Karnataka
— The e-VAT Annexures will be enhanced as per the latest templates

♦ Odisha
— The e-CST Return and Annexures will be enhanced as per the latest templates

♦ Rajasthan
— The e-filing facility for Form 10A will be provided as per the requirement

♦ Tamil Nadu
— The VAT Annexure V will be provided as per the requirements

♦ West Bengal
— The e-filing facility for Form 14 and eCST Return will be enhanced as per the
latest version

Notify me, when ready »

Available new stat 221 from 28th February, 2014

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

Major Enhancement are :

 

VAT :

Punjab :

  • As per the latest statutory amendments, the following new VAT/Tax classifications have been provided with effective from March 01, 2014:
    • Output VAT @ 6.25% / Sales @ 6.25%
    • Input VAT @ 6.25% / Purchases @ 6.25%
    • CST @ 6.25% / Interstate sales @ 6.25%
    • Purchase From URDs – Taxable Goods @ 6.25%
    • Purchase Tax @ 6.25%

Note: The value of entries recorded using this classification will be currently captured only in VAT Computation report. In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using VAT/Tax classifications provided for 6.25% VAT rate in VAT Forms.

Tally.ERP 9 Series A Release 4.8, 14th February, 2014

The new Tally.ERP 9 Release 4.8 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest ERP 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.

Tally Enhancements :

Data/Migration

  • Before migration of data from lower releases to Release 4.8, a confirmation prompt, Migrate? is displayed. Further, upon opting to migrate data, the prompt Backup before migrating? is displayed, and users can create backup before migration.
  • Synchronisation and Remote Access can be done between server and client only if both are of Release 4.8. Additionally, voucher data from a lower release (XML format) cannot be imported into Release 4.8 and vice versa.

E-mailing

  • The options to Export, E-Mail, and Upload are provided in Voucher Display screen.

Licensing

  • During auto update of Tally.ERP 9, if the Tally.NET subscription has expired, a message is displayed to denote that they cannot upgrade to the latest Tally.ERP 9 Series A release and Stat.900 Version, and that the existing version of Tally.ERP 9 Series A and Stat.900 will be retained.

And more…..

Functional Enhancements

Accounting Reports

  • The width of the columns – Voucher and Bill Reference Number are increased in Accounting reports.
  • An option Exclude Particulars With Zero Closing Balance is added to the F12: Configure options of the Balance Sheet and Profit & Loss A/c reports. Setting this option to Yes will remove zero-valued items from these reports.

CST

  • An F12: Configure option Show Order Details is provided in the Forms Receivable, Forms Issuable reports, and the Print Report for Reminder Letters/Covering Letters. Setting this option to Yes will print buyer’s order number and date.

Excise for Manufacturers

  • Option to view and print Excise Invoice Numbers instead of Voucher Numbers is provided for the following reports:
    • Ledger Vouchers report for Excise Sales invoices and Debit Note
    • Confirmation of Accounts
    • Columnar Register for Excise Sales invoices and Debit Note
    • CST Forms Issuable
    • CST Forms Receivable
    • Outstanding Statement
    • Sales Register
    • Debit Note Register

Local Body Tax (LBT)

  • Transaction level support on Local Body Tax (LBT) of Maharashtra is provided.

And more……

 

The Highlights in Tally.ERP 9 Series A Release 4.8 :

Indian Taxation L

  •  Local Body Tax (LBT) for Maharashtra
  •  Support for Service Tax calculation in POS invoices is provided
  •  Support for recording reverse charge services rendered by Pure Agents is provided
  •  Voucher Classes are enhanced to define VAT classification for multiple item as per VAT commodities

 

Banking :

  • Option to capture bank details and Transaction Types in ledger masters, Cost Centres and employee masters
  • Option to set Transfer Mode (NEFT/RTGS) for payments is provided
  • Option to capture Transaction Types – ATM, Cards and ECS is provided
  • Option to calculate interest of bank accounts based on reconciliation date is provided
  • Printing bank details like name, account number, IFS code on payment advice is supported

 

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 219 from 14th February, 2014

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

Major Enhancement are :

Local Body Tax :

Maharashtra :

Local Body Tax (LBT), is the tax imposed by and payable to the local civic bodies on the entry of goods into a local area for consumption, use or sale therein. The LBT feature is now introduced for the State of Maharashtra in Tally.ERP 9 with the facility to:

  • Enable multiple LBT zones for a Company
  • Single Party ledger can be configured for Multiple LBT Zones
  • Single Stock item can be configured for multiple Classification by selecting the required goods at the applicable tax rate for multiple LBT zones
  • Create Stock items by selecting the required goods at the applicable tax rate for multiple LBT zones
  • Record purchases by selecting Party ledgers and Stock items configured for LBT
  • Generate the Computation report on taxable, non-taxable and classified purchases
  • Map the unclassified purchases, create the liability, record payment voucher and generate payment challan from the Computation report
  • Generate Purchase Register
  • Print Sales Invoice as per the format prescribed in Rule 22.
  • Ready-to-use LBT Classifications are available in the Download Centre in xml format. These files can be downloaded and imported into Tally.ERP 9 and used for stock classifications

Service Tax:

  • The allowable expenses entered for Pure Agent services while recording Reverse Charge transactions is captured in Form ST 3.

Tax Deducted at Source :

  • The provision to record transactions for payment of only the interest/penalty/ late fee or a combination thereof for TDS and TCS is provided. The values of these transactions will be captured in the respective fields of ITNS 281 Challan, Returns and e-TDS/ e-TCS.

VAT :

Uttarakhand :

  • A new report has been provided to track the receipt of Form 11.

VAT/CST Common :

  • The VAT/Tax classifications provided for multiple CST rates will be displayed in VAT Computation report only if the option – Show CST Details is enabled through F12: Configuration.
    Also, the configurations set for displaying transactions of all VAT/Tax classifications and CST details will be retained while re-generating the report.

International Taxation – Kenya

  • The form, VAT 3A is enhanced as per latest statutory requirements.
  • To capture the relevant information in the enhanced VAT 3A, the following changes have been done in the transaction level:
    • The option – Brief Desc for VAT is now made available for Sales, Credit Note, Debit Note vouchers also.
    • The option to enter Customs Entry No. will be made available in purchase, sale, debit note and credit note vouchers recorded using VAT/Tax Class – Purchases – Imports @ 16%, Imports and Exports
    • The option, Device No- is provided to enter the device number for the Type of Device chosen while recording transaction.
  • VAT 3_Return_Online is supported as per the latest statutory requirements.

Available new stat 217 from 27th January, 2014

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

Major Enhancement are :

VAT :

Madhya Pradesh :

  • E-VAT for Form 10 is provided as per the latest template
  • Export of invoice wise details while generating Form 10 is supported

Maharashtra

  • Latest e-VAT templates of Form 231, 232, 233 and eCST are provided supported

Available new stat 216 from 20th January, 2014

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

Major Enhancement are :

VAT :

Uttarakhand

  • The Annexures 17 C, 17 F, 17 H for quarterly returns are provided
  • The revised e-VAT template is provided

Tamil Nadu

  • A worksheet, Annex_AV, is added to the e-VAT Annexures Excel file

Available new stat 215 from 13th January, 2014

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

Major Enhancement are :

VAT :

Maharashtra

  • E-Audit Form 704, e_704 Annexure J1 and J2 are provided as per the latest template

Karnataka

  • Revised e-Sugam template is supported

Uttar Pradesh

  • New VAT rate of 5% is supported for all kinds of lubricants grouped under 15(a) of Schedule –IV

International Taxation :

Ghana :

  • Increase in VAT rate from 12.5% to 15% is supported.