Author: Tally Academy

Tally clarifies price hike and channel impact

Posted on by Tally Academy

Following partner discontent with stock recall and the alleged arbitrary increase in its prices, Tally recently clarified that the company was considering a price increase for quite some time and the increase in prices was partly on account of the rising government taxes as well upgradation of the product.

“The prices of Tally have remained unchanged for over 36 months, during which we also absorbed the taxes during the confusing Excise vs. Service Tax days dramatically decreasing our Gross margins. With the additional burden proposed in the budget, we took the call of finally revising the prices to a more appropriate, and hopefully, stable regime – despite upcoming tax changes (e.g. GST) or our major product releases and enhancements”, said Bharat Goenka, MD, Tally.

Also, the company clarified that the new Price List is applicable from 16th April 2012 and is expected to remain unchanged till at least 31st March 2014.

for more details click here

Source : http://www.dqweek.com

Available new stat 167 from 19th April, 2012

Posted on by Tally Academy

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

Major Enhancement are :

Payroll :

  • The facility is provided to export data from Tally.ERP 9 in txt format to generate PF Electronic Challan Cum Return (ECR).

Excise for Dealers :

  • The facility to configure Form 2 and Sales and Purchase Extract Report for displaying the column – Purchase Bill Reference is provided to correlate the excise sales transactions with the corresponding excise purchases.

Excise for Manufacturers :

  • In ER -6 report, the Excise Purchase entry details gets captured if recorded with CENVAT ledgers irrespective of its utilization for manufacture of Finished Goods

 

Value Added Tax

Kerala :

  • The e-VAT functionality is enhanced as per the latest e-filing requirements of template files – ExcelSheetPurchaseList.xls and ExcelSheetSaleList.xls.
  • The E-CST feature is provided to export data in Excel Spreadsheet format to the template files – ExcelSheetInterState.xls and ExcelSheetListSalesUS6(2).xls for e-filing.
Daman & Diu :
  • The following VAT/Tax classifications are provided with effect from August 1, 2011
    • Purchases @ 15% / Input VAT @ 15%
    • Sales @ 15% / Output VAT @ 15%
    • Interstate Sales @ 15% / CST @ 15%
    • Interstate Purchases @ 15%

The value of entries made using these classifications 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 the VAT/Tax class provided for 15% VAT Rates in VAT Forms

Delhi :

  • The revised format of Form DVAT 16 is provided.
  • The functionality of Annexure 2A and Annexure 2B are enhanced to capture consolidated
    values of entries recorded by selecting unregistered dealers. Based on the rate of tax the
    values will be displayed in separate rows

Punjab :

  • While printing the VAT Payment Challan, the option – VAT-2 (In Single Sheet) is provided to print all five parts in a single sheet

Release details of Stat900 version 167 (PDF file)

Download Stat 167

Latest Tally Software Prices: Beat the Price Hike

Posted on by Tally Academy

Tally software prices are to increase by nearly 17% from 16th April, 2012. Buy/Upgrade your Tally Software before the due date and make a saving ….

Checkout the current ( before April 16th, 2012) and the New Price List :

Description
 Current Price
(until 15th April)		 New Price
(from 16th April)
 Tally.ERP 9 Silver 13,500.00 18,000.00
 Tally.ERP 9 Gold 40,500.00 54,000.00
 Shoper 9 Silver 13,500.00 18,000.00
 Shoper 9 Gold
40,500.00
54,000.00
 Shoper 9 Diamond
1,62,000.00
3,60,000.00
 Tally.NET Subscription (Silver)
2,700.00
3,600.00
 Tally.NET Subscription (Gold)
8,100.00
10,800.00
All prices are MRP in INR, Inclusive of taxes

 

Tally.ERP 9 Series A Release 3.4, 4th April, 2012

Posted on by Tally Academy

The new Tally.ERP 9 Release 3.4 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.

New Features :

  • Tally Extensions : 
    Tally Extensions are Specific Product features created by Tally solutions and delivered in the form of Product Extensions. Potentially, in future, these Extensions may be made a part of the product itself. These Extensions can now be searched and deployed using an intuitive deployment mechanism directly from within Tally.ERP 9.
    Keep a close watch on Tally Extensions in future!!

Major 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

Available new stat 166 from 04th April, 2012

Posted on by Tally Academy

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

Major Enhancement are :

Payroll :

  • In compliance with the Budgetary changes of 2012-13, new classification – Interest on Savings Bank Account is provided, as per the requirement under section 80D.
  • A new option – Appearance of Employee Names is provided in the printing configuration screen of Payroll Statutory Forms.

 

Excise for Dealers :

  • New Enhancement is provided for maintaining Invoice Numbers in sequence for Excise and Tax / Retail Invoices. This Serial Number will capture in Form 2, Form RG 23D, E-Return and Sales and Purchase Extract report.

 

Value Added Tax

Kerala :

  • As per Budget 2012-13, the following new VAT/Tax classifications are provided with effect from April 1, 2012:
      1. Output VAT @ 6.75% (Spl.Category) / Sales to Spl. Category Dealers @ 6.75%
      2. Output VAT @ 13.5% on Transfer of Right to Use / Sales @ 13.5% – Transfer of Right to Use

Note: The VAT classifications with Rate 50% are activated from 1 April, 2011

Release details of Stat900 version 166 (PDF file)

Download Stat 166

Tally New Prices will applicable from 16/04/2012

Posted on by Tally Academy

Because of  81st budget the price hike in Tally Product by 17% and will be applicable from 16/04/2012

Tally Solutions Pvt Ltd are pre-announcing this change from 16th April 2012, all prices will no longer be inclusive of taxes will increase by 17%.

Before 16th April, 2012 / Current Price :

Tally ERP 9 Single User : 13,500

Tally ERP 9 Multi User : 40,500

Tally EPR 9 Multi User Tally.NET Subscription : 8,100

Tally EPR 9 Single User Tally.NET Subscription : 2,700

Tally Currency (e.g. Rs. 450 currency) :  450

After 16th April, 2012 Price :

Tally ERP 9 Single User : 13,500 + 17%

Tally ERP 9 Multi User : 40,500 + 17%

Tally EPR 9 Multi User Tally.NET Subscription : 8,100 + 17%

Tally EPR 9 Single User Tally.NET Subscription : 2,700 + 17%

Tally Currency (e.g. Rs. 450 currency) :  450 + 17%

To get benefit of current price please mail us on : info@tallyacademy.in or contact Mr. Nilesh (9819070187)

Increasing in Prices of Tally product

Posted on by Tally Academy

The KEY SUMMARY :

Before 31st March, 2012 / Current Price :
Tally. Net Subscription Price (Single User) : 2700
Tally. Net Subscription Price (Multi User) : 8100
Tally Single User (Rent 1 month) : 450
Tally ERP 9 Single User : 13,500
Tally ERP 9 Multi User : 40,500

After 31st March, 2012 Price :
Tally. Net Subscription Price (Single User) : 3,200 approx. (Rs 500 increase)
Tally. Net Subscription Price (Multi User) : 9,600 approx. (Rs 1500 increase)
Tally Single User (Rent 1 month) : 530 approx. (Rs 80 increase)
Tally ERP 9 Single User : 15,500 approx. (Rs 2000 increase)
Tally ERP 9 Multi User : 47,400 approx. (Rs 6900 increase)

As these have significant impact on your business planning and customer relationships, I felt it is important for you to know as early as possible, without waiting for all fine details to emerge. Please feel free to write us for any clarifications or call us on 9819070187 (Nilesh).

Available new stat 165 from 28th March, 2012

Posted on by Tally Academy

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

Major Enhancement are :

Payroll :

  • As per Budget 2012-13 proposal, new Income Tax Slabs for the Financial Year 2012-13 is provided.

 

Service Tax :

  • As per the Budget 2012-13, Service Tax rate is changed from 10% to 12% applicable from 1.4.2012. This is supported with effect from 1 April, 2012.

 

Value Added Tax

Bihar :

  • Input VAT @ 20% / Purchases @ 20%
  • Purchase From URDs – Taxable Goods @ 20%
  • Input Tax Credit on Purchase From URDs @ 20%
  • Purchase Tax @ 20%
  • Output VAT @ 20% / Sales @ 20%
  • Output VAT @ 20% to URDs / Sales @ 20% to URDs

Himachal Pradesh :

  • Input VAT @ 11% / Purchases @ 11 %
  • Input VAT @ 18% / Purchase @ 18%
  • Output VAT @ 11% / Sales @ 11%
  • Output VAT @ 18% / Sales @ 18%

Haryana

  • TheSales @ 15% Tax Rate / LS-9A-15%
  • Purchase @ 15% Tax Rate / LP-7A-15%
  • Sale of Goods to Unregistered Dealers @ 15% Rate / LS-9C-15%

Karnataka :

  • Input VAT @ 17% / Purchases @ 17%
  • Interstate Purchases @ 17%
  • Purchase From URDs – Taxable Goods @ 17
  • Purchase Tax @ 17%
  • Input Tax Credit on Purchase From URDs @ 17%
  • CST @ 17% / Interstate Sales @ 17%
  • Output VAT @ 17% / Sales @ 17%

Maharashtra :

  • Output VAT @ 2% / Sales @ 2%
  • Input VAT @ 2% / Purchases @ 2%
  • Output VAT @ 50% / Sales @ 50%
  • Input VAT @ 50% / Purchases @ 50%
Note: The VAT classifications with Rate 50% are activated from 1 April, 2011

Release details of Stat900 version 165 (PDF file)

Download Stat 165

Available new stat 164 from 20th March, 2012

Posted on by Tally Academy

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

Major Enhancement are :

Payroll :

  • PF Form 12A is provided in TXT Format for E-Filing.

 

Service Tax :

  • The service category – Manpower Recruitment Agency has been renamed as Manpower Recruitment or Supply Agency’s Services.

 

Value Added Tax

Chhattisgarh :

  • The e-requisition facility is provided to export the details of interstate purchases against any one or all declaration forms using Excel Spreadsheet format to the template - ONLINE_CST_COM.xls prescribed by the Commercial Taxes Department.
  • The following VAT/Tax Classifications have been introduced effective from April 01, 2011.
    • Inter State Sales Against Form – E1
    • Inter State Sales Against Form – E2
    • Inter State Purchases Against Form – E1
    • Inter State Purchases Against Form – E2

The value of entries recorded using the above classifications will be captured in VAT Computation Report, Form VAT 17 and 18.

 Gujarat :

  • The revised format of Form 402 is provided in which the company name gets displayed above the Authorised Signatory field. Here the authorised person can sign on behalf of the company as the authorised signatory
  • The Serial No. entered in Excise Sales Voucher gets captured in Form 402.

Maharashtra :

  • The following new VAT/Tax Classifications are introduced for recording Works Contract transactions with effect from April 01, 2011
    • CST – Works Contract @ 1% / Interstate Sales – Works Contract @ 1%
    • CST – Works Contract @ 12.5% / Interstate Sales – Works Contract @ 12.5%
    • CST – Works Contract @ 4% / Interstate Sales – Works Contract @ 4%
    • CST – Works Contract @ 5% / Interstate Sales – Works Contract @ 5%
    • CST – Works Contract @ 20% / Interstate Sales – Works Contract @ 20%
    • CST – Works Contract @ 2% / Interstate Sales – Works Contract @ 2%
    • Input VAT – Works Contract @ 12.5% / Purchases – Works Contract @ 12.5%
    • Input VAT – Works Contract @ 5% / Purchases – Works Contract @ 5%

The value of entries recorded using the aforesaid classifications 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 these VAT/Tax classifications in VAT Forms.

  •  The e-VAT functionality is enhanced to facilitate export of taxable purchase and sales details in excel spread sheet format to template files – e_704_annexturej1.xls and e_704_annexturej2.xls.

 

Release details of Stat900 version 164 (PDF file)

Download Stat 164