Tally Software

Purchasing of Tally.ERP 9 Multiuser or Single User Software

Available new stat 236 from 2nd December, 2014

Posted on by Tally Academy

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 for 8% and 9.68% VAT rates are introduced, with effect from November12, 2014
    • Purchases @ 8%/ Input VAT @ 8%
    • Purchases @ 8%(Job work)/ Input VAT @ 8% (Job Work)
    • Sales @ 8%/ Output VAT @ 8%
    • Sales – Works Contract @ 8%/ Output VAT – Works Contract @ 8%
    • Interstate Sales @ 8%/ CST@ 8%
    • Purchases @ 9.68%/ Input VAT @ 9.68%
    • Purchases @ 9.68%(Job work)/ Input VAT @ 9.68% (Job Work)
    • Sales @ 9.68%/ Output VAT @ 9.68%
    • Sales – Works Contract @ 9.68%/ Output VAT – Works Contract @ 9.68%
    • Interstate Sales @ 9.68%/ CST@ 9.68%

    Currently, the value of transactions recorded using the aforesaid classifications will be captured only in the VAT Computation report.
    Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 8% and 9.68% VAT rates in relevant VAT Forms.

Haryana :

  • Adhering to the notification, the following new VAT/Tax classifications for 11.5% VAT rate are introduced, with effect from November 26, 2014:
    • Purchase @ 11.5% Tax Rate/LP-7A-11.5%
    • Sale of Goods to Unregistered Dealers @ 11.5% Rate/LS-9C-11.5%
    • Sale Outside the State (of Purc Outside State) @ 11.5%/LS-1-11.5%
    • Sale in the Course of Inter-State Trade @ 11.5%/LS-2-11.5%
    • Sales @ 11.5% Tax Rate/LS-9A-11.5%

Currently, the values of entries recorded using these classifications are being captured only in the VAT Computation report.
Note: In the forthcoming Stat.900 releases, this functionality will be enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 11.5% VAT rate in relevant VAT Forms.

Kerala :

  • The following VAT/Tax classifications have been provided to support the VAT rate change, with effect from 19 November, 2014:
    • Sales@22.07% (Non VATable) for Diesel
    • Sales@28.72% (Non VATable) for Petrol

    Currently, the values of entries recorded using these classifications are being captured only in the VAT Computation report.
    Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using the aforementioned classifications in relevant VAT forms.

Madhya Pradesh :

  • The VAT/Tax class Sales- Composition Tax @ 5% has been provided. The value of entries recorded using this classification is currently captured only in the VAT Computation report.Note: In the forthcoming Stat.900 releases, this functionality will be enhanced to capture the value of entries recorded using this VAT/Tax classification in relevant VAT forms.

Maharashtra :

  • Adhering to the notification, the following new VAT/Tax classifications have been provided to support the new VAT rate of 5% for notified construction contracts.
    • Sales – Composition Tax @ 5% (Construction)
    • Composition Tax @ 5% (Construction)

    Note: In the forthcoming Stat.900 releases, this functionality will be enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 5% VAT rate in VAT Forms.

Mizoram :

  • In adherence to the notification, increase in VAT rate for Cigarettes, Cigar, Cigarillos, and Vaihlo from 13.5% to 20%, the following VAT/Tax Classifications have been provided:
    • Purchases @ 20%/ Input VAT @ 20%
    • Purchases @ 20%(Job work)/ Input VAT @ 20% (Job Work)
    • Sales @ 20%/ Output VAT @ 20%
    • Sales – Works Contract @ 20%/ Output VAT – Works Contract @ 20%
    • Interstate Sales @ 20%

    Currently, the values of transactions recorded using the aforesaid classifications will be captured only in the VAT Computation report.
    Note: In the forthcoming Stat.900 releases, this functionality will be enhanced to capture the value of entries recorded using VAT/Tax classifications provided for 20% VAT rate in VAT Forms

 

Punjab :

  • To support the increase in VAT rate from 8.25% to 11.25% on diesel other than premium diesel under Schedule E, the following VAT/Tax classifications have been provided:
    • Purchases @ 11.25%/Input VAT @ 11.25%
    • Sales @ 11.25%/Output VAT @ 11.25%
    • Purchases from URDs Taxable @ 11.25%/ Purchase Tax @ 11.25%

Tamil Nadu :

  • To support the increase in VAT rate from 20% to 30% the following VAT/Tax classifications have been provided with effect from November 1, 2014:
    • Purchases @ 30%/Input VAT @ 30%
    • Sales @ 30%/ Output VAT @ 30%

    Note: In the forthcoming Stat.900 releases, this functionality will be enhanced to capture the values
    of entries recorded using VAT/Tax classifications provided for 30% VAT rate in VAT Forms.

And more….

Available new stat 235 from 21st October, 2014

Posted on by Tally Academy

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

Major Enhancement are :

Vat

Haryana :

  • As per the latest amendments, the following new VAT/Tax classifications are provided to support the new VAT rate of 2% for Oil Cakes, All kinds of pulses and Edible Oil with effect from 26th August 2014 :
    • Purchase @ 2% Tax Rate / LP-7A-2%
    • Purchase – Works Contract @ 2% Tax Rate / LP-7A- Works Contract @ 2%
    • Purchase of Goods at Lower Rate of Tax – 2% / LP-7B-2%
    • Sales @ 2% Tax Rate / LS-9A-2%
    • Sales – Works Contract @ 2% Tax Rate / LS-9A- Works Contract @ 2%
    • Sale of Goods at Lower Rate of Tax – 2% / LS-9B-2%
    • Sale of Goods to Unregistered Dealers @ 2% Rate / LS-9C-2%
    • Sale of Goods to Unregistered Dealers @ 2% Lower Rate / LS-9C-2% (Lower Rate)

    The value of transactions recorded using the aforesaid classifications will be captured only in the 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 2% VAT rate in relevant VAT Forms.

Himachal Pradesh :

  • As per the latest amendment, the following new VAT/Tax classifications are provided to support the VAT rate change from 25% to 27% for Motor-Spirit (Petrol including Aviation Turbine Fuel and Diesel) with effect from 18th October 2014 :
    • Interstate Sales @ 27% / CST @ 27%
    • Sales @ 27% / Output VAT @ 27%
    • Sales @ 27% (of Local Purc) / Output VAT @ 27% (of Local Purc)
    • Sales @ 27% (of Purc Outside State) / Output VAT @ 27% (of Purc Outside State)

The value of transactions recorded using the aforesaid classifications will be captured only in the 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 27% VAT rate in relevant VAT Forms.

Kerala :

  • As per the latest amendments, the following new VAT/Tax classifications are provided to support the VAT rate change from 22% to 30% for Tobacco Products with effect from 10th October 2014 :
    • Purchases @ 30% / Input VAT @ 30%
    • Sales @ 30% / Output VAT @ 30%

    The value of transactions recorded using the aforesaid classifications will be captured only in the 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 30% VAT rate in relevant VAT Forms.

Odisha :

  • As per the latest amendments, the following new VAT/Tax classifications are provided to support the new VAT rate of 2% for Aero engines including components and spare parts with effect from 30th September 2014 :
    • Purchases @ 2% / Input VAT @ 2%
    • Sales @ 2% / Output VAT @ 2%

    The value of transactions recorded using the aforesaid classifications will be captured only in the 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 2% VAT rate in relevant VAT Forms.

Punjab :

  • As per the latest amendments, the following new VAT/Tax classifications are provided to support the VAT rate change from 8.75% to 9.75% for Diesel Products with effect from 1st October 2014 :
    • Purchases @ 9.75% / Input VAT @ 9.75%
    • Sales @ 9.75% / Output VAT @ 9.75%
    • Purchase From URDs – Taxable Goods @ 9.75% / Purchase Tax @ 9.75%

    The value of transactions recorded using the aforesaid classifications will be captured only in the 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 9.75% VAT rate in relevant VAT Forms.

Tripura :

  • As per the latest amendments, the following new VAT/Tax classifications are introduced to support the VAT rate change from 35% to 25% of Tobacco & Tobacco products including Cigarettes & Gutka with effect from 29th September 2014 :
    • Purchases @ 25% / Input VAT @ 25%
    • Sales @ 25% / Output VAT @ 25%

    The value of transactions recorded using the aforesaid classifications will be captured only in the 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 25% VAT rate in relevant VAT Forms

And more….

Available new stat 234 from 18th August, 2014

Posted on by Tally Academy

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

Major Enhancement are :

Excise for Dealers/ Importers

  • As per statutory rules, new XML schema is provided to include the return type Importer.
    Since the same schema is applicable to dealers for filing e-returns, the e-return feature is enhanced with the necessary changes.

Payroll

  • As per the Union Budget 2014-15, changes to exemption and deduction limits of Income Tax are supported.
  • In Sahaj (ITR1) a new field is introduced to capture sec 80EE under Part C of Deductions and Taxable Total Income.

Tax Deducted at Source

  • As per the requirements of e-TDS/TCS FVU Version 4.3, new state code 36 for Telangana has been added and the same gets displayed in Form 26Q, Form 27Q, Form 27EQ and Form 24Q e-returns.

Vat

Haryana :

  • The value of entries recorded using the following VAT/Tax Classifications are displayed in the relevant forms:
    • Purchase @ 8% Tax Rate / LP-7A-8%
    • Purchase – Works Contract @ 8% Tax Rate/LP-7A- Works Contract @ 8%
    • Purchase of Goods at Lower Rate of Tax – 8% / LP-7B-8%
    • Purchased in the Course of Inter-State Trade @ 8%/ LP-3-8%
    • Purchased Outside the State (for Sale Outside) @ 8%/ LP-1-8%
    • Sales @ 8% Tax Rate / LS-9A-8%
    • Sales – Works Contract @ 8% Tax Rate/ LS-9A- Works Contract @ 8%
    • Sale of Goods at Lower Rate of Tax – 8% / LS-9B-8%
    • Sale of Goods to Unregistered Dealers @ 8% Rate / LS-9C-8%
    • Sale of Goods to Unregistered Dealers @8%Lower Rate / LS-9C-8% (Lower Rate)
    • Sale Outside the State (of Purc Outside State) @ 8%/ LS-1-8%
    • Sale in the Course of Inter-State Trade @ 8%/ LS-2-8%

Rajasthan :

  • Effective from 14th July 2014, the following new VAT/Tax classifications are provided to support new VAT rate of 2.5% on all types of used motor vehicles
    • Purchase Tax @ 2%
    • Sales @ 2% / Output VAT @ 2%
    • Sales – Works Contract @ 2% / Output VAT – Works Contract @ 2%
    • Purchase From URDs – Taxable Goods @ 2%
    • Purchases @ 2% / Input VAT @ 2%
    • Purchases @ 2% (Lease) / Input VAT @ 2% (Lease)
    • Purchases – Capital Goods @ 2%
    • Interstate Purchases @ 3%
    • Purchases from URD – Taxable Goods @ 3%
    • Purchases @ 3%
    • Purchases @ 3% (Lease)
    • Purchases – Capital Goods @ 3%
    • Input VAT @ 3%
    • Input VAT @ 3% (Lease)
    • Interstate Purchases @ 2.5%
    • Purchases from URD – Taxable goods @ 2.5%
    • Purchases @ 2.5%
    • Purchases @ 2.5% (Lease)
    • Purchases – Capital Goods @ 2.5%
    • Input VAT @ 2.5%
    • Input VAT @ 2.5% (Lease)

And more….

Tally.ERP 9 Series A Release 4.91, 18th August, 2014

Posted on by Tally Academy

The new Tally.ERP 9 Release 4.91 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest ERP 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.

New Features :

Excise for Importers

  • As per the Notification dated 28th February 2014, all businesses registered as dealers of both imports and indigenous excisable goods, have to:
    • Obtain a fresh registration as importer
    • Transfer the closing stock of dealer unit to importer unit as opening stock to be sold under fresh registration as importer
    • File separate returns as importer

To support the requirements of the Notification, Excise for Importer feature is introduced to provide:

    • Registration details of importer
    • Create godowns with excise registration type as Importer
    • Transfer stock to importer unit, either manually or using the Helper option

In addition, the following reports can be generated and the schema required to generate XML is also supported:

    • Excise Stock Journal
    • Excise Purchase Bill register
    • Excise Stock CENVAT register for one item and all items
    • Customs Clearance register
    • Extract reports
    • Form RG 23D

And more…..

Functional Enhancement

Accounting Reports

  • In Voucher Register, the options Voucher Number (Numerical Decreasing) and Voucher Number (Numerical Increasing) have added to the Sorting Methods in F12: Configure. These options facilitate sorting based on increasing or decreasing order of only numeric voucher numbers for transactions recorded in voucher types enabled for manual voucher numbering.

Excise for Dealers

  • The field RG 23D Number of excise purchase invoice is supported with Auto Assistance to increment the number by 1 when the numbering maintained is of pure numeric sequence.

The Highlights in Tally.ERP 9 Series A Release 4.91 :

Indian Taxation :

Excise for Dealers/Importers

  • Excise for Importer feature is introduced in adherence to Notification dated 28th February 2014, with the facility to provide registration details, transfer stock to importer unit, generate reports and e-returns 
  • Excise enabled purchase vouchers are enhanced to capture RG 23D Number in sequence and automatically during entry when the numbering maintained is of pure numeric sequence

Accounting Reports

  • Sorting of transactions based on only numerical or alphabetical order of voucher numbers is supported in Voucher Register

Note : Tally.ERP 9 Series A Release 4.91 is compatible with Tally.Server 9 Series A Release 4.9.

Karnataka

e-UPaSS (Electronic Upload of Purchase and Sales Statements) is provided as per the latest statutory mandate. A simple two-step process in Tally.ERP 9 makes compliance hassle free:

  1. Validate with built-in rules and automatically update all books of account to make them error free
  2. Upload all annexures directly into the government portal from Tally.ERP 9

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 233 from 19th June, 2014

Posted on by Tally Academy

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

Major Enhancement are :

Vat

 

Karnataka :

  • E-VAT Annexures are provided as per statutory requirements. Facility is also provided to generate and upload the XML files to the Department’s portal directly.

And more….

Tally.ERP 9 Series A Release 4.9, 19th June, 2014

Posted on by Tally Academy

The new Tally.ERP 9 Release 4.9 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest ERP 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.

Issues Resolved :

Data/Migration

  • Migration of data from a lower release to release 4.8 failed to occur when the options Change the password on first login and Allow user to change the password were enabled and a banking transaction was recorded in the lower release.
    This issue has been resolved.
  • On selecting group companies, the following error messages were getting displayed in the calculator panel:
    • FUNCTION: ‘SetsDefaultTransactionTypes’ LABEL: 0025: Invalid Target Object (No Target/Not in EditMode)
    • FUNCTION: ‘SetsDefaultTransactionTypes’ LABEL: 0025: Action execution failed!
    • FUNCTION: ‘SetsDefaultTransactionTypes’ LABEL: Action execution failed!

This issue has been resolved.

Performance :

  • The time taken was more while printing the Daily Stock Register.
    This issue has been resolved and performance has been optimised.

Rewrite/Backup/Restore/Split :

  • Memory Access Violation error was occurring while splitting company data in which a default ledger (Cash/ Profit & Loss A/c) was altered.
    This issue has been resolved.

And more…..

Functional Issues

Cheque Printing

  • The F12: Range option in cheque printing for Instrument date wise filtering was not working.
    This issue has been resolved.

Excise for Manufacturers

  • When recording an Excise Sales transaction with the same item selected twice and with Domestic (SSI) as the Nature of Removal, then in the Daily Stock Register the assessable value of only the first item was being captured.
    This issue has been resolved.

International Taxation- Ghana

  • An error message CST Logging Ended was being displayed in the calculator panel, when recording a purchase transaction in item invoice mode.
    This issue has been resolved.

VAT

  • When recording a sales/purchase transaction in a company enabled for Composite VAT, the error message VAT/Tax Classification Not Selected was being displayed while trying to save the transaction.
    This issue has been resolved.

And more……

 

The Highlights in Tally.ERP 9 Series A Release 4.9 :

Indian Taxation :

Karnataka

e-UPaSS (Electronic Upload of Purchase and Sales Statements) is provided as per the latest statutory mandate. A simple two-step process in Tally.ERP 9 makes compliance hassle free:

  1. Validate with built-in rules and automatically update all books of account to make them error free
  2. Upload all annexures directly into the government portal from Tally.ERP 9

 

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 230 from 14th May, 2014

Posted on by Tally Academy

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

Major Enhancement are :

 

Goa:

  • New VAT rate of 25% on tobacco and tobacco products is provided, w.e.f. 8th May, 2014.

Uttar Pradesh :

  • Form – XXIV, Form – XXVI, CST Forms and E-VAT templates are enhanced as per the latest statutory requirement

Puducherry :

  • Annexure-IV and Annexure-V are enhanced as per the revised e-VAT templates

And more….

Corporate Identification Number (CIN) in Tally.ERP 9

Posted on by Tally Academy

According to Section 12(3)(c) of Company Act 2013, it is mandatory for companies registered under MCA to mention their corporate identification number (CIN) in all their official communication.

 CIN Section 12(3)(c) of Company Act 2013, provides that every company shall get its

  •   Name
  •   Address of its registered office
  •   Corporate Identity Number
  •   Telephone number, fax number, if any, e-mail
  •   Website addresses (if any)

Printed in all its business letters, billheads, letter papers and in all its notices and other official publications.Non-conformance shall attract a penalty of one thousand Rupees a day not exceeding 1 Lakh.Tally has supported printing of CIN in all invoices and vouchers and more than 300 reports. You can print, mail and export all these details with your CIN no.Provision for CIN has been included from Tally.ERP 9 Stat Release 228 onwards. Please click on the link below to download the latest version of Tally.ERP 9.

Click here to see how this feature is used in Tally.ERP 9

Available new stat 229 from 7th May, 2014

Posted on by Tally Academy

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

Major Enhancement are :

 

Haryana :

  • New VAT rate of 8% on cell phones and accessories is supported, w.e.f. 8th May, 2014.

Punjab :

  • VAT rate of 3.64% on canteen and stores department is supported, w.e.f. 3rd April, 2014

Maharashtra :

  • New VAT rates of 21% and 24% on high speed diesel oil are supported.

Rajasthan :

  • Form 7A and Form 8A are enhanced as per the revised e-VAT templates.

And more….

Available new stat 225 from 10th April, 2014

Posted on by Tally Academy

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

Major Enhancement are :

 

Excise for Manufacturers :

  • As per Statutory requirements, the provision to file ER3 online as a quarterly return for SSI units is provided.

VAT :

Tamil Nadu :

  • As per Notification, Annexure V for Inventory is provided

 

And more….