Upcoming Releases on 21st August, 2013

Indian Taxation

Excise for Manufacturers  :

  • Export documents ARE-1, ARE-2, ARE-3 will be provided
  • The Rule 16 register require for handling returned goods (Sales Return) will be provided

 

VAT

 

Arunachal Pradesh :

  • The e-filing facility for Annexures will be provided as per the requirements.

Delhi :

  • The e-VAT Annexures 2C & 2D will be provided.

Jharkhand :

  • The e-filing facility for Annexures will be provided as per the requirements.

Maharashtra:

  • The e-filing facility for Form 704 will be enhanced as per the latest e-VAT template.

Rajasthan :

  • The e-filing facility for Form 10A will be provided as per the requirement.

Tripura :

  • The revised VAT return will be provided as per the amendments.

Uttarakhand :

  • The e-filing facility for Annexures will be provided as per the requirements.

 

Notify me, when ready »

Tally.ERP 9 Series A Release 4.61 4th June, 2013

The new Tally.ERP 9 Release 4.61 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. This migration is recommended for all Tally 9 licenses.

New Features :

Performance :

  • The time taken to display TDS Details screen while recording a Journal Voucher has been reduced.

Functional Enhancements :

TDS :

  • In adherence to the amendment made to Finance Bill 2013, section 206AA is not applicable for section 194LC w.e.f 01.06.2013, implying whether or not a deductee’ s PAN is furnished in the Party master, TDS on Income From Foreign Currency, Bonds Or Shares of Indian Company will be deducted at the normal rate (5%)

 

The highlights of this release are listed below :

Tax Deducted at Source

  • In adherence to the amendments made to Finance Act 2013, tax deduction at the rate of 5% for 194LC is supported for the Nature of Payment Income From Foreign Currency, Bonds Or Shares of Indian Company irrespective of whether or not PAN         for the deductee is specified in the party ledger

Maharashtra – Local Body Tax

  • To support printing of Registration details specific to Local Body Tax in invoices, the facility to enter the same in the Company and Ledger master level has been provided

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 4.6 26th April, 2013

The new Tally.ERP 9 Release 4.6 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. This migration is recommended for all Tally 9 licenses.

New Features :

Performance :

  • Listing of batches in Item Allocations screen has been optimised.

Printing & Rendering :

  • Release 4.6 brings with it additional ways to zoom in and out of print previews:
    • The ‘+’ and ‘-‘ keys
    • Ctrl+scroll wheel (mouse wheel)
    • Shift+scroll wheel (mouse wheel) for horizontal scrolling.

Also, the maximum level of zoom-in is increased to 600%. This will solve any visibility issues faced by users..

 

Functional Enhancements :

Accounting Reports :

  • An option, F7: Bill-Party wise, is provided in Bills Receivable, Bills Payable, and Group Outstanding reports. Clicking this option will display a report that provides party-wise information on outstanding bills. Party-wise subtotals and age-wise details are also available in this report. The user, therefore, need not navigate to Ledger Outstandings report of the respective party ledger every time to view the due amount.

Excise for Manufacturers :

  • In the Invoice Printing Configuration of an Excise Sales invoice, the option Print Excise ED/SHE Cess in words separately, if set to Yes for printing, will remain enabled.
  • An option Re-Processor is added to the Nature of Purchase list that appears in purchase invoice and in Excise Details screen of party ledger master. This option is used to record purchase of raw material from re-processors who have not obtained excise registration, and details of the same will be captured in RG 23 A Part I.

Excise for Dealers :

  • Facility to print company logo on excise debit note is provided.
  • Supplier Invoice No. will now be automatically captured in the Excise Details screen of excise purchase invoice when an excise purchase order is tracked

Payroll :

  • Tally.ERP 9 is compliant with the following Budget 2013-14 changes:
    • Tax Rebate U/s 87A of an amount equal to hundred per cent of income tax or an amount of ` 2,000, whichever is less, for an assessee being an individual resident in India, whose taxable income does not exceed ` 5,00,000.
    • Surcharge of 10% for individuals whose taxable income exceeds ` 1 crore per year.
    • Income Tax Benefit on interest on Home Loan (First Time Buyer) U/s 80EE for an amount not exceeding ` 1,00,000.

Service Tax :

  • Now, while using Auto Fill option in Payment voucher, Bank Ledger can be created by pressing Alt+C from Cash/Bank field of the Statutory Payment screen.
  • An option Print Category as Taxable Service is added to the F12: Print Configuration options for sales invoices, professional receipts, and advance receipts. Setting this option to Yes will print the service category as “Taxable Service” on the invoice/receipt, instead of the service category specified during voucher entry.
  • The following options have been added to the List of Organisations in the Company Service Tax Details screen of F11: Features > F3: Statutory & Taxation:
    • Limited Liability Partnership
    • A Firm
    • Hindu Undivided Family
    • Government
    • An Association of Persons/Body of Individuals
    • Artificial Juridical Person
    • A Local Authority
  • In keeping with the restoration of service-specific accounting codes, the service category Taxable Service in Tally.ERP 9 will not be available for recording entries dated 1.4.2013 and later.

TDS :

  • The field Tax Assessment Number is replaced by Tax Deduction and Collection Account Number in F11: Features > F3: Statutory & Taxation and the relevant TDS and TCS reports.
  • A new field, Cheque/DD Date, is provided in the Provide Details screen that appears when S: Stat Payment button is used to record payment entries for TDS and TCS. The date entered here will be captured in TDS Challan 281. Also, to capture the same, a new column Cheque Date has been provided in TDS Challan Reconciliation report.
  • The TAN entered in TDS/TCS Details screen of F11: Features > F3: Statutory &
    Taxation, and the PAN entered in party Ledger Creation/Alteration screen will be
    validated for structure. That is,

    • TAN will be checked for 4 alphabetic, 5 numeric, 1 alphabetic characters, in that order
    • PAN will be checked for 5 alphabetic, 4 numeric, and followed by 1 alphabetic characters, in that order. The 4th character will be checked for a valid deductee type (C, P, H, F, A, T, B, L, J, G).
  • An option Is Proprietorship Firm is provided in TDS/TCS Details screen of F11: Features > F3: Statutory & Taxation. The option has to be set to Yes so that the name entered in Name of person responsible field of TDS/TCS Details can be captured in TDS Challans and returns as the proprietor’s name, instead of the proprietorship firm’s name.
    In addition, a new field, Name on PAN/IT No. is provided in Ledger Creation/Alteration screen for party ledgers. This will ensure that the name as per PAN is printed on TDS Certificate and returns.
  • An option Show Name on PAN/IT No. is provided in F12: Configure options of the following drilldown screens in TDS Computation report:
    • Expenses & Advances
    • Exempt in lieu of PAN available
    • Taxable Expenses & Advances
    • Deducted, Deducted at Normal rate, Deducted at Lower rate, Deducted at Higher Rate (No PAN)
    • Balance Deductable, Balance Deductable at Normal rate, Balance Deductable at Lower rate
      Setting this option to Yes will display the column Name on PAN in the aforementioned reports. Information entered in the Name on PAN/IT No. field of party ledgers will be captured in this column.
  • The TDS Computation report will by default sort information based on dates.
    In addition, the following Sorting Methods are provided under F12: Configure options, when drilled down to the Party Wise and Expense Wise screens from TDS Computation report:

    • Ref No (Decreasing)
    • Ref No (Increasing)
    • Nature of Payment (Decreasing)
    • Nature of Payment (Increasing)
  • An option Show PAN Number is provided under F12: Configure of the drill down screen for Exempt in lieu of PAN available in TDS Computation report.
    Note: Tally.ERP 9 Series A Release 4.6 is compatible with Stat.900 Version 188 onwards.

And more……

 

The highlights of this release are listed below.

Accounting Reports

  • View all Party Outstandings in Receivables, Payables and Group Outstanding reports with the new option ‘Bill-Party wise’ for a quick analysis

Payroll

  • As per the Budget 2013-14 , the following changes are supported:
    • Tax Rebate U/s 87A of an amount equal to a) Rs. 2,000 per annum or b) Total tax amount whichever is less, for resident individuals with total taxable income up to Rs. 5,00,000
    • Surcharge of 10% for individuals whose taxable income exceeds Rs. 1 crore per year
    • Income Tax Benefit on interest on Housing Loan (First Time Buyer) U/s 80EE

Printing

  • Now ZOOM IN up to 600% in print preview of all reports / invoices using mouse and keyboard for enhanced visibility

TDS

  • TAN and PAN structure will be validated during creation to eliminate errors in filing returns
  • Now, Proprietorship firms can print TDS Challans and returns with proprietor’s name , as mentioned in PAN
  • TDS Computation report (Party/Expense Wise) can now be sorted based on Date, Ref No . or Nature of Payment

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 4.51 19th March, 2013

The new Tally.ERP 9 Release 4.51 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. This migration is recommended for all Tally 9 licenses.

New Features :

Performance : 

  • Now, when data is accessed in an RDP environment using thin clients, the option Restrict Memory Usage for Low Memory Environment will be automatically set to Yes. This will instantly restrict the memory usage, without the user having to specifically enable the option. This intuitive capability will substantially increase the performance of users’ systems.
  • Performance has been optimised for Movement Analysis report generated using N: Auto Column option.

 

Functional Enhancements :

BRS :

Bank statements of Affin Bank (Malaysia) can now be imported in CSV format for Auto Reconciliation

Cheque Printing & Management: 

An option, Print Amount in Foreign Currency, has been added to the F12: Configure options of Cheque Printing screen. When this option is set to Yes, cheques for foreign currency transactions will be printed in the respective currency.

MCA – XBRL : 

MCA Reports in XBRL format are compliant with the new C&I Taxonomy structure, introduced by the Ministry of Corporate Affairs. All you will need to do is map Tally’s Chart of Accounts with the MCA Taxonomy elements, generate and validate instance documents, and upload to the MCA portal to complete your filing procedure.

And more……

 

The highlights of this release are listed below.

  • Support of MCA Reports in XBRL format as per the compliances of new C&I Taxonomy structure
  • Auto Bank Reconciliation for Affin Bank (Malaysia)
  • Enhanced Invoice printing in Multi-Currency environment
  • 64-bit native support application
  • Voucher Type Security
  • Single Login for group company
  • Reverse Charge Calculation

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

Features : Tally.ERP 9 Series A Release 4.5

Tally.ERP 9 Series A Release 4.5 brings with it enhanced performance and security capabilities. With features like Voucher type Security and 64bit native support application, Your business benefits from a greater degree of personalized security along with better system performance due to a cut down in response time. With Tally.ERP 9 Series A Release 4.5, personalized security will reach an entirely new level with customized access rights at the user-specific activity level.

 

Benefits for Business:

  • Increased productivity
  • Generate data intensive customized report
  • Greater degree of control and higher personalization

Features

 A 64-Bit Native Support 

Tally.ERP 9 Series A Release 4.5 is a 64-bit native application. Since 64-bit can use a theoretical maximum of 16 exabytes of RAM – much more RAM than computers actually have, larger volume of data can be processed with increased speed. This means, the 64-bit version of Tally is no longer restricted by the 32-bit memory limit; the only limiting factor could be the amount of RAM on your computer…

Voucher type Security 

Personalize your control functions! Voucher Type security will help the business owner specify whether a user can access a particular type of voucher, and if yes, then what function can he perform on the same. With the enhanced capability, an administrator will be able to specify both individual voucher type and activity level restriction for different users. A deeper level security for different users can be possible by controlling functions to Create, Alter, Print, or have Full Access to any particular type of voucher in Tally…

Group Company Login 

In group company, if all the member companies have the same credentials then single login will automatically open all the member companies by providing the login details only once. A one-time login greatly reduces the time taken in accessing all member companies individually as well as the trouble of keeping track of all their individual usernames and passwords.

Tally.ERP 9 Series A Release 4.5 14th January, 2013

The new Tally.ERP 9 Release 4.5 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. This migration is recommended for all Tally 9 licenses.

New Features :

x64Bit : 

Tally.ERP 9 Series A goes 64-bit with Release 4.5!
Tally.ERP 9 Series A Release 4.5 is a 64-bit native application. Since 64-bit can use a theoretical maximum of 16 exabytes of RAM – much more RAM than computers actually have, larger volume of data can be processed with increased speed.
This means, the 64-bit version of Tally is no longer restricted by the 32-bit memory limit; the only limiting factor could be the amount of RAM on your computer.

Benefits for the business :

  • Increased productivity through better performance and effective handling of large reports
  • Data-intensive tasks can be done with ease using the 64-bit native Tally.ERP 9 Series A application. Processing of massive quantities of real time data in the main memory provides quick results from analyses and transactions
  • This will solve the problem for large businesses (LMEs) that have the required infrastructure like hardware and operating system, but still are unable to use some of the data-intensive reports.

Voucher Type Security : 

Tally.ERP 9 Series A Release 4.5 brings with it Voucher Type Security, a feature which provides security control at the Voucher level. Business owners can control who can access which Voucher Type, and also the operation which can be performed on the same by that user. This includes restricting who Creates/Alters/Prints/has Full Access to the different types of Vouchers

Benefits for the business :

  • Administrator can create department-based and role-based access for different users, i.e. specify access to Voucher Types, based on the different areas of work
  • Administrator can provide or deny access for the level of activity to be performed on a Voucher by a user – access to Create/Alter specific Voucher Types/groups of Vouchers. This provides greater degree of control and higher personalisation.

 

Functional Enhancements :

Accounting Reports :

When the option Show Running Balance under F12: Configuration of Ledger Vouchers report was set to Yes, and the report was printed along with Bank Details, the amount specified under Bank Details appeared under the Debit column. The space provided between the components of Bank Details has been reduced to eliminate any confusion between bank details amount and the debit amount.

CST : 

For Forms Issuable,

  • In the Print Report, a field Date of Issue has been provided. This option will be available when the option Print Covering Letter is set to Yes
  • In the Covering Letter, a column Effective Date has been provided
  • Vch No. column has been enhanced to capture the Voucher Number of the transactions
  • Space for the columns Series Number and Form Number has been increased for better visibility.

And more……

 

The highlights of this release are listed below.

  • 64-bit native support application
  • Voucher Type Security
  • Single Login for group company
  • Reverse Charge Calculation

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 3.7 16th October, 2012

The new Tally.ERP 9 Release 3.7 is available now!

 

Tally.ERP 9 Series A Release 3.7 is the latest 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. Simplicity is embedded in each update to make processes more efficient so as to save effort and time of the users.

Major Enhancement :

Jobs & Recruitment : 

  • In Candidate Profile screen, pressing Page Up or ‘-’ key will display the previous candidate’s profile, and pressing Page Down or ‘+’ key will display the next candidate’s profile.
  • Shift+Enter shortcut key, to expand a particular line in a report, has been provided for Test Paper Management.

Performance : 

  • In Ledger Outstandings report (Display > Statement of Accounts > Outstandings > Ledger), the option to view the report in detailed mode (Shift+Enter and Alt+F1) and also
    F6: Agewise option has been enhanced to display details quickly.
  • Shift+Enter shortcut key, to expand a particular line in a report, has been provided for Test Paper Management.

Security Control : 

  • Number restriction has been provided for the field Minimum Password Length in Password Policy for Company screen. The maximum number that is acceptable for a password in the Company Login screen for a user has been restricted to 51 characters.
  • Security Control capabilities have been enhanced to restrict the user from displaying or printing back dated Vouchers on pressing the Alt+Enter button, if Full Access is disallowed for Back Dated Vouchers by the administrator in the Security Levels screen.
  • In the Change Password screen, the Username will now be displayed in the original case, as entered in Users and Passwords.

Tally Live Updates : 

  • In the List of Releases report of Product & Features, the column heading – Released On has been changed to TNS Eligibility 

Functional Enhancements :

Accounting Reports :

An option – Date to Print Confirmation of A/cs has been provided in the Print Report for Ledger Accounts. This option will appear when the option Style of Report has been set to Confirmation of A/cs. Users can specify the date that has to be printed in the Confirmation Letter

Banking : 

A new column – Printed has been added to the Cheque Deposit Slip report, to display each cheque’s print status on printing the Deposit Slip. Deposit Slips that have been printed using Tally.ERP 9 will be automatically marked Yes in this column.
Also, a button – Ctrl+P: Mark as Printed has been provided in the Cheque Deposit Slip and Cash Deposit Slip reports, which can be used to mark a transactions as Printed.

Company Master : 

Tally.ERP now supports maintaining accounts in Tanzanian Shilling. In Company Master, Country – Tanzania and its currency symbols have been provided.

Excise for Manufacturers : 

A new field – Motor Vehicle No. has been provided under Despatch Details in the Party Details screen of Excise Delivery Note.
This can help in tracking deliveries made to the respective vehicles

And more……

 

The highlights of this release are listed below.

  • Reverse Charge support for Service Tax
  • New Report Excise Stock CENVAT Register for Excise Dealers
  • A new head – In Current Account is provided under Balances with Bank in Schedule VI Balance Sheet.

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 3.62 5th September, 2012

The new Tally.ERP 9 Release 3.62 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. Highlights include a very light product footprint, immediate access to new features and enhancements, easy data migration and more.

Major Enhancement :

Printing Mixed Orientation : 

Tally.ERP.9 now provides you the capability to print the reports with mixed orientation, i.e. both Portrait and Landscape format in the same report. Depending on the information in the report tally decides to print details in Portrait or Landscape without any configuration.
Currently, this feature is enabled for Audit & Compliance reports.
Mixed orientation is supported while:

  • Printing reports in Neat Mode
  • Exporting reports in PDF format.

 

Functional Enhancements :

Banking :

Auto Bank Reconciliation capabilities have been enhanced for more file types of already supported Banks.

TDS : 

TDS Zero Rate Section Number – 197A Zero Rate has been changed to 197A Zero Rate (Form 15G/15H). The changed Section Number is not applicable for Deductee Types – Company Non Resident and Individual/HUF – Non Resident.
Note: Form 15G/15H is a declaration form issued to Assessee for ZERO Rate TDS

And more……

 

The highlights of this release are listed below.

  • Optimised Product Performance
  • Enhanced Audit Capabilities
  • Banking Enhancements
  • Integrated Communication
  • Live Update
  • Enhanced Password Security

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 3.61 17th August, 2012

The new Tally.ERP 9 Release 3.61 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. Highlights include a very light product footprint, immediate access to new features and enhancements, easy data migration and more.

Major Enhancement :

Deployment Management : 

List of Compatible License Servers will now display only the Regular Permanent License, Locked and Expired. To view the other license status a new button F4: Show All has been provided.

Performance : 

  • Performance of Excise Computation report has been optimised.
  • Stock Query report was not responding if, more than 3700 Stock Items were tagged to single Stock Category. This issue has been resolved.

 

Functional Enhancements :

Accounting Reports :

FOUR new fields – E-Mail, CST No., Excise Regn. No., Importer Exporter Code and facility to capture Multiple Contact Details have been provided in Ledger Contact Details screen.

Banking : 

  • Auto Bank Reconciliation capabilities have been enhanced for New Banks and more file types for already supported Banks. This list is available under List of Banks of Banking Configuration.
  • In Bank Reconciliation Statement, the F12: Range capability has been enhanced to filter multiple Instrument Numbers using the combination of AND/Or.
  • Cheque Number maximum width has been changed from 6 to 9 Characters. This enhancement will help the users in countries, where the Cheque Number width is more than 6 Characters.
  • A new button Ctrl+D: Delete All Unlinked is provided in Bank Reconciliation report to delete all the unlinked transaction displayed under Amounts not reflected in Company Books at single instance.

Excise for Manufacturers  :

  • Excise Sales Invoice capability has been enhanced to capture the amount of Education Cess and Secondary Education Cess in Words. In Excise Sales Invoice printout, Cess Amount will be captured separately in Amount in Cess (in Words) field.
  • Excise Sales voucher capability has been enhanced to define 0% in Abatement field during voucher entry by enabling the option Allow Modification of Excise MRP Rate & Abatement in F12: Configuration.
  • While recording a CENVAT Adjustment entry through Excise Helper, a provision to display CENVAT Credit for Capital Goods and Principal Goods separately is made available. Also, an option to adjust the credits from the respective available CENVAT credits has been provided.

And more……

The highlights of this release are listed below.

  • Optimised Product Performance
  • Enhanced Audit Capabilities
  • Banking Enhancements
  • Integrated Communication
  • Live Update
  • Enhanced Password Security

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 3.6. 9th July, 2012

The new Tally.ERP 9 Release 3.6 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest 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. Highlights include a very light product footprint, immediate access to new features and enhancements, easy data migration and more.

Major Enhancement :

Schedule VI – Financial Statements : 

Every company registered under the Indian Companies Act, 1956, is required to prepare its Balance Sheet, Statement of Profit and Loss, and the notes thereto in accordance with Schedule VI of the Act. Schedule VI has now been revised by the Ministry of Corporate Affairs in order to keep the disclosure requirements in concurrence with the objective of achieving a fair and uniform presentation of financial information.

The Balance Sheet and Statement of Profit and Loss as per the Revised Schedule VI are supported in Tally.ERP 9.

Audit Tools : 

Now you can not only maintain financial data on Tally.ERP 9, you can also make it ready for audit - AuditReady!
Tally.ERP 9 offers auditing tools which will help you ensure that your books of accounts are maintained as per statutory requirements

Banking : 

  • Auto Bank Reconciliation
  • Cheque Management
  • Cheque Printing Configuration
  • Cash Deposit Slip

Live Updates and Communication : 

  • Message Centre
  • Tally Live Updates

Password Policy : 

Keeping financial data safe is of utmost importance for every organisation. A good password policy strengthens the security of your data. With Tally.ERP 9, an administrator can decide and set a sound password policy to ensure data security.

 

Other Enhancement :

Crash/ MAV/ Data : A dump file, tally.dmp, gets generated when Tally.ERP 9 crashes

Printing and Rendering : The option Print Party Name and Address from left margin in invoice is provided in the F12 Print General Configurations. This facility is given only for Quick/ Draft format of print.

Accounting Reports  : The facility to print Closing Balance of a Ledger is now provided while printing Ledgers from Multi-Account Printing.

Excise for Dealers : For the Nature of Purchase – Manufacturer’s Depot, the facility is provided to capture Manufacturer’s Invoice Number, Date and Quantity supplied in Excise Purchase Invoice.

Excise for Manufacturers : The functionality of Daily Stock Register has been enhanced to capture Opening Balance from Stock Item Master (excise item) in One Item and Tariff–wise report irrespective of excise transactions recorded in the company data .

And more……

The highlights of this release are listed below.

  • Tally Extensions
  • Payroll Income Tax – Budget related changes are done
  • Enhancements for Excise Dealer and Manufacturers
  • A new feature called Tally Extensions has been provided to deploy additional product features from Tally Solutions
  • Many 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