Tally Software

Purchasing of Tally.ERP 9 Multiuser or Single User Software

Available new stat 194 from 5th April, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

In various States, changes in VAT rates were announced in the State Budgets for Financial Year – 2013-14 and VAT/Tax classifications for the new rates were provided in Tally.ERP 9. In this release of Stat.900, the functionality is enhanced to support the new VAT classifications in return forms. The details are given below :

Sl.

No
State Names
VAT Rates
Form Names
1
Chhattisgarh

(73729)
3%
  • Return Forms – Form 17 and 18
  • e-VAT Annexures – Purchase, Sales
    and Sales Returns
  • e-CST Annexures – Interstate Sales

    US 6(2) and Interstate Sales Returns
2
Himachal Pradesh

(73731)
9%, 22% and 36%

Physical and e-forms of:

  • Form VAT-XV and XV-A
  • VAT Annexures – Form LP-1 and LS-1
  • CST Form 1
3
Jammu & Kashmir

(73730)
40%

Physical and e-forms of:

  • Form VAT 11 and 11-A
  • Annexures – Form VAT 48, 49, 11G
    and 11H
4
Kerala (62743)
7.25% and 14.5%
e-VAT Form No. 10
5
Rajasthan

(73543)
65%
  • Form VAT 10 and 10-A
  • Annexures – Output Tax, Purchase
    Tax, Form VAT – 07, 07A, 08, 08A, 12
    and 50.
  • Form C.S.T. 1
Dadra & Nagar Haveli : 
  • 64891 – The facility is provided to export details of interstate purchases recorded against Forms – C, E1, E2, F and H in Excel format to e-CST requisition template – C_Form_CST_COM.xls as prescribed by the Department of Value Added Tax.
Karnataka : 

71202 – The facility is provided to export data of interstate purchases in :

  • XML format
  • Excel Spreadsheet format to the e-CST purchases template

Maharashtra : 

  • 68874 – The value of purchases recorded using VAT/Tax class – Purchases – From Unregistered Dealers will be captured in e-Annexure J2 of Audit Form 704 and e-return Annexures
  • 68186 – The challan and bank details provided while recording CST payment voucher using Stat Payment button will be captured in box 12(c) of CST Form III(E).
  • 67919 – For sale of drugs taxable at 6% composite VAT rate, the VAT/Tax classifications - Sales – Composition @ 6% (Retail) and Composition Tax @ 6% (Retail) have been provided. The value of entries recorded using these classifications will be captured in Form 232.
  • 73962 – To account for purchases taxable at 1.10% VAT rate the following VAT/Tax classifications are provided.
    • Input VAT @ 1.10% / Purchases @ 1.10%
    • Interstate Purchases @ 1.10%
Punjab : 
  • 72372, 72374 & 72375 – The physical Form VAT 15, 18, 19, 23 and 24 and CST Form 1 have been enhanced to support value of entries recorded using the new VAT/Tax classifications.
  • 66513 – In F12: Invoice Printing Configuration of sales invoice, the option – Print Form VAT-36 No. is provided. On enabling it the Serial No. Form VAT-36 entered in Party Details screen of sales invoice will be captured in invoice printout.
Tamil Nadu : 
  • 69364 – In voucher mode of purchase and sales entries the field – Bill of Lading/LR-RR No.has been provided in Party Details screen.
Excise for Manufacturers : 
  • 72618 – The report – RG 23A Part I, has been enhanced with the facility to print details of each item in a separate page. 
  • 73844 – The number and date of excise manufacturing journal will be captured as Requisition Number and date in Issued for Manufacture of Final Product section of RG 23A Part I.
Tax Deducted at Source: 
  • 74012 – In Form 26Q, 27Q and 27A, the abbreviation of TAN has been changed to Tax Deduction and Collection Account Number.

And more….

Release details of Stat900 version 194 (PDF file)

Download Stat 194

Available new stat 193 from 25th March, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

In compliance with the respective State Budgets for the Financial Year 2013-14, new classifications have been provided as per the prescribed VAT rates effective from 1st April 2013 to record transactions.
The value of entries recorded using these classifications 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 the new classifications in respective fields of VAT Forms.
The list of States with the respective VAT/Tax classifications is as follows:

Chhattisgarh : 

For decrease in VAT rate from 5% to 3% on TMT steel bars, the following VAT/Tax  classifications are provided.

  • Output VAT @ 3% / Sales @ 3%
  • Input VAT @ 3% / Purchases @ 3%
  • CST @ 3% / Interstate Sales @ 3%
Himachal Pradesh : 

For VAT rate of 9% on all types of footwear the following VAT/Tax classifications are provided.

  • Output VAT @ 9% / Sales @ 9%
  • Output VAT @ 9% (of Local Purc) / Sales @ 9% (of Local Purc)
  • Output VAT @ 9% (of Purc Outside State) / Sales @ 9% (of Purc Outside State)
  • Interstate Purchases @ 9%
  • Input VAT @ 9% / Purchases @ 9%
  • CST @ 9% / Interstate Sales @ 9%

For increase in VAT rate from 11% to 22% on bidis the following VAT/Tax classifications are provided.

  • Output VAT @ 22% / Sales @ 22%
  • Output VAT @ 22% (of Local Purc) / Sales @ 22% (of Local Purc)
  • Output VAT @ 22% (of Purc Outside State) / Sales @ 22% (of Purc Outside State)
  • Interstate Purchases @ 22%
  • Input VAT @ 22% / Purchases @ 22%
  • CST @ 22% / Interstate Sales @ 22%

For increase in VAT rate from 18% to 36% on cigarettes, cigar etc., the following VAT/Tax classifications are provided..

  • Output VAT @ 36% / Sales @ 36%
  • Output VAT @ 36% (of Local Purc) / Sales @ 36% (of Local Purc)
  • Output VAT @ 36% (of Purc Outside State) / Sales @ 36% (of Purc Outside State)
  • Interstate Purchases @ 36%
  • Input VAT @ 36% / Purchases @ 36%
  • CST @ 36% / Interstate Sales @ 36%

Jammu & Kashmir : 

For increase in VAT rate from 30% to 40% on cigarettes, the following VAT/Tax classifications are provided.

  • Output VAT @ 40% / Sales @ 40%
  • Output VAT (Retail) @ 40% / Sales Retail @ 40%
  • Purchase Tax @ 40%
  • Interstate Purchases @ 40%
  • Purchase From URDs – Taxable Goods @ 40%
  • Input VAT @ 40% / Purchases @ 40%
  • CST @ 40% / Interstate Sales @ 40%
Chhattisgarh : 

For decrease in VAT rate from 5% to 3% on TMT steel bars, the following VAT/Tax  classifications are provided.

  • Output VAT @ 3% / Sales @ 3%
  • Input VAT @ 3% / Purchases @ 3%
  • CST @ 3% / Interstate Sales @ 3%
Kerala : 

For increase in special rate from 6.75% to 7.25%, the VAT/Tax classifications – Output VAT  @ 7.25% (Spl.Category) / Sales to Spl. Category Dealers @ 7.25% are provided.
For change in VAT rate from 13.5% to 14.5% the following VAT/Tax classifications are provided.

  • Output VAT @ 14.5% / Sales @ 14.5%
  • Output VAT @ 14.5% on Transfer of Right to Use / Sales @ 14.5% – Transfer of Right to Use
  • Output VAT – Works Contract @ 14.5% / Sales – Works Contract @ 14.5%
  • Input Tax Credit on Purchase From URDs @ 14.5%
  • Interstate Purchases @ 14.5%
  • Purchase From URDs – Taxable Goods @ 14.5%
  • Input VAT @ 14.5% / Purchases @ 14.5%
  • Purchases – Capital Goods @ 14.5%
  • Input VAT – Works Contract @ 14.5% / Purchases – Works Contract @ 14.5%
  • CST @ 14.5% / Interstate Sales @ 14.5%
  • Purchase Tax @ 14.5%
Maharashtra : 

For increase in VAT rate from 1% to 1.10% on gold, silver and their jewellery, the following VAT/Tax classifications are provided.

  • Output VAT @ 1.10% / Sales @ 1.10%
  • CST @ 1.10% / Interstate Sales @ 1.10%
West Bengal: 

For change in VAT rate from 13.5% to 14.5% the VAT/Tax classification – Output VAT – Works Contract @ 14.5% / Sales – Works Contract @ 14.5% is provided.
For change in VAT rate from 4% to 5% the following VAT/Tax classifications are provided.

  • Output VAT @ 5% / Sales @ 5%
  • Output VAT – Works Contract @ 5% / Sales – Works Contract @ 5% 
  • Input VAT @ 5% / Purchases @ 5%
  • Purchases – Capital Goods @ 5%
  • Purchase From URDs – Taxable Goods @ 5%
  • Interstate Purchases @ 5% 
  • CST @ 5% / Interstate Sales @ 5%

For increase in VAT rate from 20% to 25% on tobacco products and cigarettes the following VAT/Tax classifications are provided.

  • Output VAT @ 25% Special Rate / Sales @ 25% Special Rate
  • Input VAT @ 25% Special Rate / Purchase @ 25% Special Rate
  • Interstate Purchases @ 25%
  • CST @ 25% / Interstate Sales @ 25%
Rajasthan : 
  • In F12: Invoice Printing Configuration of sales invoice, the option – Print Form VAT-49 No. is provided. On enabling it the Sl. No. in Form VAT-49 entered in Party Details screen of sales invoice will be captured in invoice printout.

And more….

Release details of Stat900 version 193 (PDF file)

Download Stat 193

Upcoming Releases on 20th March, 2013

Posted on by Tally Academy

Indian Taxation

Excise for Manufacturers :

♦ The RG23 A part I report will be enhanced to display tariff wise stock item details based on selection / configuration

 

Service Tax :

♦ New ST-3 Form and E-filing excel template will be supported as per the latest changes provided by the department.

 

VAT

♦ Assam
— The eCST Return will be provided as per the requirement

♦ Dadra & Nagar Haveli
— The online requisition will be provided as per the e-filing requirement

♦ Karnataka
— The online requisition will be enhanced as per the latest changes

♦ Maharashtra
— The e-VAT Form 501 (Refund Claim) will be provided as per the requirement

♦ Tamil Nadu
— The VAT return form will be enhanced as per the latest amendments

♦ West Bengal
— The CST Annexure B2 (Physical and e-CST) will be provided as per the requirements

 

Notify me, when ready »

Tally.ERP 9 Series A Release 4.51 19th March, 2013

Posted on by Tally Academy

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

Available new stat 192 from 14th March, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

Rajasthan : 

As per Notification of Rajasthan Budget 2013-14 for increase in VAT rate from 50% to 65% on tobacco products and pan masala, the following new VAT/Tax Classifications are provided

  • Input VAT @ 65% Special Rate / Purchase @ 65% Special Rate
  • Purchase From URDs – Special Rate @ 65%
  • Output VAT @ 65% Special Rate / Sales @ 65% Special Rate
  • CST @ 65% / Interstate Sales @ 65%
  • Purchase Tax @ 65%
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 VAT/Tax classifications provided for 65% VAT rate in VAT Forms.

 

  

Tax Deducted at Source :

  • Functionality is enhanced to print the Deductor Category along with Deductor Type in box 2(b) of Form No. 26Q and 27Q.

And more….

Release details of Stat900 version 192 (PDF file)

Download Stat 192

Upcoming Releases

Posted on by Tally Academy

Indian Taxation

Excise for Manufacturers

♦ The RG23 A part I report will be enhanced to display tariff wise stock item details based    on selection / configuration.

 

VAT

♦ Assam
— The eCST Return will be provided as per the requirement

♦ Dadra & Nagar Haveli
— The online requisition will be provided as per the e-filing requirement

♦ Karnataka
— The online requisition will be enhanced as per the latest changes

♦ Maharashtra
— The e-VAT Form 501 (Refund Claim) will be provided as per the requirement

♦ Tamil Nadu
— The VAT return form will be enhanced as per the latest amendments

♦ West Bengal
— The CST Annexure B2 (Physical and e-CST) will be provided as per the requirements

 

Notify me, when ready »

Available new stat 191 from 9th March, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

Punjab : 
  • The facility to export customer-wise summary of sales and purchases to e-VAT Annexures – Form VAT 23 and 24 has been provided. In the Export Report screen of e-return – Form VAT 15 and e-Annexures – Form VAT 23 and 24, the options – Export Form 23 Customer Wise and Export Form 24 Customer wise have been introduced. If the check box provided in e-VAT templates to capture customer wise summary is ticked, the aforementioned options provided in Export Report screen have to be set to Yes to export customer wise summary to the templates.
  • The option – Round Off Form Values has been provided in e-VAT Export Report screen of Form VAT 15, 18, 19, 23 and 24 to export data by rounding-off the amount to the nearest rupee.
  • The updated Commodity and Trade list provided by the Excise and Taxation Department has been supported.
  • The State and District Exception report has been provided to capture party details for which district and state names are not defined.
  • In the printed copies of retail invoice (option – Is Tax Invoice set to No in sales voucher type), the note:

Input Tax Credit is available to a Taxable Person against this Copy Only has been removed from the original copy.
This Copy does not entitle the holder to claim ITC has been removed from the subsequent copies.

  • The VAT/Tax classification – Purchases – Capital Goods @ 8% has been provided. The value of entries recorded using this classification will be captured in Form VAT 15, 16, 20 and 24.
  • On selecting the VAT/Tax classifications – Sales Against Form-H (Within State) and Purchases Against Form – H (Within State), the fields – Form to Issue/Receive, Form Series No., Form No. and Date will be displayed to select H Form and provide the form details.
Gujarat : 
  • In Sales Voucher Type, the option – Print with Book No. is provided. On enabling this option, the Book No. field appears in the sales invoice and invoice printout. For every hundred tax invoices raised, the numbering scheme increments by 1 digit.
Bihar : 
  • For e-filing, new e-Annexure G and revised e-Annexures C1 and C2 are provided to facilitate export of data to Excel templates prescribed by the Commercial Taxes Department.

Tamil Nadu : 

  • The functionality of physical and e-Annexure I-A has been enhanced as per latest amendments.
West Bengal : 
  • The functionality of CST Annexure G has been enhanced to display commodity-wise details as per the latest statutory requirements.
Kerala : 
  • Calculation of purchase tax has been automated for journal voucher recorded using VAT Adjustment – Tax on URD Purchase. The auto-calculated purchase tax and cess amount appears in journal voucher based on the selection of Purchase Tax Classification followed by Period, Party Ledger and Invoice Number.
  • The functionality is enhanced to export purchases recorded using VAT/Tax class – Purchases – URD(Not Subject to Purchase Tax) in Excel Spreadsheet and Text formats for e-filing.
Maharashtra : 
  • The VAT/Tax classification – Purchases – Tax Free (Composition) has been provided to record purchase of tax free goods. The value of entries recorded using this classification will be captured in box 12(k) of Form 232.
  

Excise for Manufacturers :

  • Facility is provided to enter the period before generating the reports – RG 23A Part I and II, Annexure 10, Abstract, PLA Register and CENVAT Credit Availed. This will reduce the time consumed in regenerating these reports for a different period using Alt+F2 key combination.
  • The raw materials returned by job worker recorded in the Material In voucher is being captured in Form R.G. 23-A (Part – I).

And more….

Release details of Stat900 version 191 (PDF file)

Download Stat 191

Tally.Sever 9 Release 4.5

Posted on by Tally Academy

Tally.Server 9

Tally.Server 9, a new product which can be installed in the server machine and run as a service, has been developed by Tally to provide an unparalleled usability experience for secure and concurrent data access in your multi user environment. It is an extremely simple-to-deploy product which also provides advanced monitoring and administrative control:

  • Performing operations in a frictionless environment: Multiple users will be able to simultaneously load companies, save transactions, export reports, print reports, import data, take backup and perform other data related activities without experiencing any downtime or wait state.
  • Keeping the data file safely invisible and providing controlled access: The data files will be managed through Tally.Server 9. The physical location or path for the data on the server need not be disclosed or made accessible to any user. The clients just require the name of the data server, which will be enough to access and operate Tally.ERP 9. Furthermore, operations for company data management, namely Backup, Restore, Rewrite, Create Company, and Split Company, are also controlled with server level permissions.
  • Analysing system usage and user activities to optimise the various processes and time spent on them: Since the access is controlled through Tally.Server 9, the authorised users will be able to monitor who is currently logged in, which companies are open, track the activities and even disconnect users if such a requirement arises.
  • Minimising instances of system unavailability: Availability of the system is important for any business. With Tally.Server 9, data backup can be taken anytime without affecting either the speed of access for users or the reliability of data that is backed up. In other words, users can continue recording transactions or generating reports while the backup is happening - There is zero downtime for backup.

Currently in a multi user environment, database for Tally.ERP 9 Series A is shared with users via the Windows Shared service. This process has its own limitations with regard to data security, performance, and speed during concurrent usage by multiple users.

Benefits for the business :

  • More than 100 client machines can access data at a time.
  • Multiple users can concurrently read (e.g. view reports) and write (e.g. record transactions) data.
  • Administrators can have control over who accesses the data on the server; permissions provided will be user-specific.

 

Available new stat 190 from 23rd February, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

Punjab : 
The functionality has been enhanced to facilitate export of data to latest excel templates provided by the Excise & Taxation Department for e-filing Annexures – Form VAT 18, 19, 23 and 24 and CST Form 1.
e-VAT – Form VAT 15 : On exporting data to VAT-15.xls file, the details of Form VAT 15 get auto-filled from the values captured for Annexure 18, 19, 23, 24 and CST Form 1.
In the Export Report screen of e-VAT Form VAT 15 the options – Period for, Financial Year Beginning, VAT Form 15 Remarks and CST Form 1 Remarks have been introduced.
  • Period for : Depending on the quarter for which the return is being filed, the quarterly period has to be selected from the list.
  • Financial Year Beginning : The financial year beginning date gets displayed which can be changed if required. On accepting it, the eVAT Excel Validations report appears. Based on the entries recorded in the data be ing exported, the options to be selected and the number of rows to be added in the excel templates will be captured in eVAT Excel Validations report. Prior to export of data, select ion of options and insertion of rows in templates as specified in this report needs to be done to export complete details.
  • VAT Form 15 Remarks : Remarks for Form VAT 15 has to be entered here.
  • CST Form 1 Remarks : Remarks for Form 1 has to be entered here.
e-Annexures – Form VAT 18, 19, 23 & 24 : Separate templates have also been provided by the Department to fill data in each Annexure.
In the Export Report screen of e-VAT Form VAT 18 the options – Period for and Rows needs to be added have been introduced.
  • Period for : Depending on the quarter for which the return is being filed, the quarterly period has to be selected from the list.
  • Rows need to be added : Based on the entries recorded in the data being exported, the number of rows to be added in the excel templates gets captured in this report.

And more….

Release details of Stat900 version 190 (PDF file)

Download Stat 190