Setting Credit Limit in Tally ERP 9

You can set credit limit for Sundry Debtors and Sundry Creditors in Tally.ERP 9.

When outstanding amount exceeds the credit limit, Tally.ERP 9 will not allow any invoice beyond that limit unless modified.

Example :

You can set credit limit of Rs. 40,000/- for the customer’s ledger and raise one invoice amounting to Rs. 2o,000/-, subsequently you can also try to raise another invoice amounting Rs. 25,000/-

To enable credit limit, set Maintain Budget and Control to Yes in F11 > Accounting Features

To set credit limit for customer :

Go to Gateway of Tally > Accounts Info > Ledgers > Ledger > Set the credit limit

Setting Credit Limit in Ledger

After the first invoice is raised for Rs. 20,000/-, try to raise the second invoice for Rs. 25,000/-. Here, Tally.ERP 9 will restrict from saving the voucher

Exceeding Credit Limit

Available new stat 127 from 15th November, 2010

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

Value Added Tax
West Bengal
Adhering to the Notification the following new VAT/Tax Classifications have been introduced for 13.5% VAT rate effective from November 15, 2010:

• Purchases @ 13.5%
• Purchases – Capital Goods @ 13.5%
• Purchase From URDs – Taxable Goods @ 13.5%
• Interstate Purchases @ 13.5%
• Input VAT @ 13.5%
• Sales @ 13.5%
• Sales – Works Contract @ 13.5%
• Interstate Sales @ 13.5%
• CST @ 13.5%
• Output VAT @ 13.5%
• Output VAT – Works Contract @ 13.5%

The value of entries made 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 made using VAT/Tax class provided for 13.5% VAT Rates in Return Form.

Release details of Stat900 version 127 (PDF file)

Download Stat 127

Available new stat 126 from 4th November, 2010

New Stat.900 Version is available free for existing Tally User Major Enhancement are :
Excise for Dealers
Sales Bill- Wise FORM RG 23D report has been provided. This report displays the details of sales transactions based on the period selected to view the report.

Service Tax
Service Tax Exception Report – Un-Migrated Bills has been enhanced. Now the report displays the un-migrated bills with reasons for non-migration.

Value Added Tax
Chandigarh
The value of entries made using the VAT/Tax classifications provided for 5% VAT rates are captured in VAT Forms and Annexures.

Delhi
The VAT Payment Challan – Form DVAT 20 is provided

Release details of Stat900 version 126 (PDF file)

Download Stat 126

Short Cut Key – Function Key Combination

Windows Functionality Availability

F1

To select a company At all masters menu screen

F1

To select the Accounts Button At the Accounting Voucher creation and alteration screen

F1 (ALT+F1)

To select the Inventory

To view the detailed or condensed report

At the Inventory/Payroll Voucher creation and alteration screen

In almost all the Reports

F1 (CTRL + F1)

To select Payroll Vouchers to alter At the Accounting/Inventory voucher creation or alteration screen.

F2

To change the current date

To select company inventory features

At almost all screens in TALLY.ERP 9

At the F11: Features screen

F3

To select the company

To select Company Statutory & Taxation features

At almost all screens in TALLY.ERP 9

At F11: Features screen

F4

To select the Contra voucher At Accounting / Inventory Voucher creation and alteration screen

F5

To select the Payment voucher At Accounting / Inventory Voucher creation and alteration screen

F6

To select the Receipt voucher At Accounting / Inventory Voucher creation and alteration screen

F7

To select the Journal voucher At Accounting / Inventory Voucher creation and alteration screen

F8

To select the Sales voucher At Accounting / Inventory Voucher creation and alteration screen

F8 (CTRL+F8)

To select the Credit Note voucher At Accounting / Inventory Voucher creation and alteration screen

F9

To select the Purchase voucher At Accounting / Inventory Voucher creation and alteration screen

F9 (CTRL+F9)

To select the Debit Note voucher At Accounting / Inventory Voucher creation and alteration screen

F10

To select the Reversing Journal voucher At Accounting / Inventory Voucher creation and alteration screen

F10 (Ctrl + F10)

To select the Memorandum voucher At Accounting / Inventory / Payroll Voucher creation and alteration screen

F11

To select the Functions and Features screen At almost all screens in TALLY.ERP 9

F12

To select the Configure screen At almost all screens in TALLY.ERP 9

Available new stat 125 from 26th October, 2010

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

Vat
Chandigarh

Adhering to the Notification the following new VAT/Tax Classifications have been introduced for 5% VAT rate effective from October 26, 2010:
• Purchases @ 5%
• Purchases – Capital Goods @ 5%
• Purchase From URDs – Taxable Goods @ 5%
• Purchase Tax @ 5%
• Sales @ 5%
• Sales – Works Contract @ 5%
• Input VAT @ 5%
• Output VAT @ 5%
• Output VAT – Works Contract @ 5%

Release details of Stat900 version 125 (PDF file )

Download Stat 125

Master Synchronisation

Upcoming Feature :

Master synchronisation in Tally.ERP 9 lets businesses set common Master behavior at the Head Office or any central location. When Masters are altered, the change is reflected at the other end without duplicating or creating a new Master-streamlining the process across locations and avoiding Chart of Accounts complication.

Benefits:

•  Improved speed and better performance
•  No duplication one Co A across HO and all locations
•  More accurate reports
•  Simple to manage
•  Simple accounting no need to spend time eliminating extra vouchers
•  Better command over reports

Tally.ERP 9 Series A Release 2.1, Build 09 14th Oct 2010

The new Tally.ERP 9 Release 2.1 is available now!

FREE for all users of Tally.ERP 9.*

E-return for Dealer Excise and Quick setup for Service Tax and the much awaited SMS, Remote Access (with edit) are part of this release. Now you can also recruit Tally.ERP 9 trained staff through our Jobs and Recruitment section.

The highlights of this release are listed below.

In Tally.ERP 9

E-Returns for Dealer Excise :
Tally.ERP 9 now provides Excise Dealer E-Returns capability to its users. By using Excise Dealers E-Returns 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).

Quick Setup for Service Tax :
The Quick Setup for Service Tax is introduced which will allow the users to enable Service Tax Feature and create Service Tax Masters from a single window.

Tally SMS
Remote Edit
Jobs & Recruitment

Enhancements

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

For Relase note Click here

For Download Click here

Tally Day

Opportunity to Experience the complete
Tally offerings under one roof!!

Across India, Tally is a household name. Yet many businesses aren’t aware of the new technology or features being incorporated in Tally.ERP 9 on a continuous basis. Nor do they know about Tally alliances or Education offerings…developments that could transform their businesses in so many ways. To help you as a customer reap the maximum benefits from your investment, Tally Solutions brings you TallyDAY.

TallyDAY – Understand the implications of technology for your organisation. Stay ahead of the competition.

    * Demos of New Tally products
    * Solution offerings
    * Training & education services
    * Tally Alliances
    * Complimentary support services
    * Business advisory services by professionals
    * Seminars

Register for TallyDAY in your city

False Virus Alert For Tally

AVG:

AVG’s latest update (released on 27th September) is treating Tally as virus. Tally has reported the issue to AVG and await their response. Please disable your AVG antivirus to work on Tally till AVG resolves the issue.
We will keep you posted on developments.

……………………………………………………………………………………………………………….

Kaspersky: Issue resolved!

As per their latest update, Kaspersky has confirmed that their 27th September anti-virus update was treating Tally as virus…obviously a false alarm.

The false alarms shown by Kaspersky for Tally are:

Constructor.Win32.Bifrose.xw
Trojan.Win32.Vilsel.aaqe
Constructor.Win32.Bifrose.or
Trojan.Win32.Vilsel.arrb
Backdoor.Win32.RShot.aea
Trojan.Win32.Agent.dmrz

Kaspersky has released the update to resolve the issue. We recommend that you update your Kaspersky along with virus database updates. Please visit Kaspersky website for the update procedure.

Shoper 9 HO

Features & Enhancements :

Merchandise Classification and Master Data
· New 27 user-defined attributes added to the existing classification
· Size Management – manage sizes accurately
· Prefix/ Suffix rules for Stock Number generation
· Centralised Master Data creation for Items, Taxes, Tender, etc.
· Centralised Supply Chain Network configuration
· Centralised Price Management

Purchase Order Process
· Purchase Order Consolidation
· Purchase Order / Indent Conversion
· Purchase Order Status Report
· Purchase Order Import/ Export/ Reopen/ Reprint
· Purchase Order generation

Retail Operations Management
· Centralised Sales Promotion Definition
· Centralised Price Revision Management
· Centralised Sales Rules Definition (Add-on, Deduction, Bill Round-off)

Data Synchronisation
· Centralised configuration of Data Synchronisation rules
· Scheduled data Import and Export controlled from Head Office
· Dashboard Report – Data loaded/not loaded/Batch wise loading status, status of the store, etc.
· Mode of communication between POS and HO – HTTP, Email, FTP and Direct Copy
· 3rd Party Data import configuration

Tally Interface
· HSN Code mapping for VAT returns
· Tally Interface utilities for Delete Mapping, Change Masters, etc.
· Auto Mapping/ User Defined Mapping in Tally Interface
· Tally Interface with different combinations – One to One, One to Many, Many to One
· Tally Interface – Offline
· Tally Interface – Data Management Utilities

Barcode
· Design layouts to print Barcodes on Laser/ Inkjet/ DOT Matrix printers
· Barcode label printing on Laser/ Inkjet/ DOT Matrix printers
· Store Barcode Layout and print on Barcode printers

Database Management
· Data Migration Utility (Application database and Replication database)
· Database Tuning and Management
· Export Replication data to Point of Sale
· Single Replication Database (one database for any number of stores)

Store/ Distributor Data Consolidation
· Goods in Transit Tracking with support for Sales, Transfer, Purchase Order

Security Management
· Node/ Menu level Authentication and Management

For Download pdf :  click here