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:
For download the Tally ERP 9 Rel 3.o click here
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:
For download the Tally ERP 9 Rel 3.o click here
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.
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.
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
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.
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
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
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.
Tally.ERP 9 Feature Summary:
Click here for release notes
Click here for download
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:
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.
| Date (18th Feb) | Session | Speaker |
| 16:25 hrs -16:45 hrs | Technology Solution Session | Shoaib Ahmed |
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…
The Value Added Tax (VAT) is a type of indirect tax and is one of major source of revenue to the state. The VAT system was introduced in India by replacing the General Sales Tax laws of each state. Presently in India, out of 35 States and Union Territories, 32 are following this new system of Sales Taxation. The States/Union territories which are yet to implement the VAT system are Andaman and Nicobar Islands, Nagaland and Lakshadweep.
The VAT system of taxation was adopted by Indian States and Union Territories in the Year 2005 by replacing the General Sales Tax Laws with New Value Added Tax Acts and the supporting Value Added Tax Rules for proper administration and collection of Tax. Each state or union territory has its own methods to assess the tax liability and collection methods from the dealers who fall under the purview of VAT.
The Administration of VAT system was undertaken by the Commercial Taxes Department of each state along with the Excise and other indirect taxes. For easy and quick assessment of taxation and prevention of tax evasion, the department has introduced the Registration System. This Registration system of VAT helps in identifying the assessees who come under purview of VAT and are liable to collect and pay VAT. For encouraging the Registration process some benefits or concessions are given to the dealers.
The Registered dealers are allowed to collect VAT payable by them from the immediate buyer. They can claim the VAT paid on purchases made only from a registered dealer. The unregistered dealer cannot charge VAT on the invoices, so the buying dealer cannot claim the VAT amount paid as ITC. Also, the unregistered dealers are not eligible for availing concessions, for e.g., exemptions, which are given by the government.
The commercial tax department introduced a new method of levying tax called as the Composition Scheme especially after considering the small dealers whose turnover was low and were unable to maintain the records as per the requirements of VAT Act. These dealers have to pay a lump sum as VAT on the sale value of goods. The VAT paid will not be shown in the invoices. They can account for the total turnover and pay VAT on the same at the end of the return period.
For Assessing the VAT liability of dealers, each state has introduced the system of Filing Returns for different tax periods. The tax periods could be Monthly, Quarterly, Half-yearly and Annual. Each dealer has to file the Return by specifying the total turnover which is exempted as well as liable for VAT along with the purchases made and tax paid on it with the amount of VAT payable or Input tax credit carried forward within the stipulated period.
For General Tally Terminologies related to VAT Click here
The Reorder and Minimum order quantity is defined based on fixed consumption pattern.
When you select the Stock Group under the Reorder Levels menu, the Simple Reorder Levels screen will be available, by default.
Go to Gateway of Tally > Inventory Info. > Reorder Levels
Select a group of Stock Items from the List of Groups, to specify Reorder Levels for the Stock Items in the Specify Reorder Levels screen. For each item in stock, you can define a Reorder Level and the Minimum Order Quantity.
The Simple Reorder Levels screen appears as follows:
Reorder Quantity
Enter the level/quantity in the Reorder quantity field.
Minimum Order quantity
Specify the minimum order quantity required based on economical order lot predetermined.
In Simple Reorder Levels screen, the consumption alternatives will not be available and hence you have to input the only the quantities. i.e., the options that you have in the above mode are to define Reorder Quantity and Minimum Order Quantity.
If you have used Advanced Reorder options earlier, click Simple Reorder button, to specify simple reorder levels.
The options available in the Reorder Levels screen are as follows :
R : Adv Reorder
Press Alt+R to toggle to Advanced Reorder Levels screen.
M : Adv Min Qty
Press Alt+M to toggle to Advanced Minimum Order Quantity screen
Depending on the nature of sales transaction you can select the applicable Form Type.
In case where the Inter-state sales transaction does not involve the receipt of C Form, select Not Applicable in the Form to Receive field of the sales invoice.
Shut a Company is to unload it. It does not mean that you have deleted it. Simply select it again to load and work on it again.
You can shut a company in two ways
The screen appears as shown below:
Go to Gateway of Tally > Accounting Vouchers > F8: Sales
