Final project comparison between various version of tally
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Project Report
SUBMITTEDIN FULFILMENT OF THE REQUIREMENTS FOR
100 Hours Information Technology Train
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Batch 2
Group membersROLL NO NAME ICAI REGNO
22 ABHISHEK JAIN NRO0276716
23 ANJALI AGGARWAL NRO0285971
24 KUSH LUTHRA NRO 0282238
25 ABISHEK JAIN NRO 0277260
26 CHARU NRO 0277589
27 DEEPAK KUMAR NRO 0262635
28 SHIKHA VERMA NRO 0287217
29 HEMANT JAIN NRO 0274466
30 NAINA NRO 0281464
31 SAURABH NRO 0274997
32 AANCHAL NRO 0282374
33 PARAS NRO 0280126
Contents Intro of brief comparison bw
various version of tally
TALLY 63 OVER OLDER VERSION
TALLY 54
NEW FEATURES TALLY 72 OVER
OLDER VERSION TALLY 63
NEW FEATURES OF TALLY 81 OVER
TALLY 72
NEW FEATURES OF TALLY 9 OVER
TALLY 81
New features in tally erp 9 over tally
9
BRIEF COMPARISON BETWEEN VARIOUS VERSION OF TALLY
Tally 45
Tally was started with is first version of Tally 45 which was a DOS based program This program was very light weight and very fast in operation
Tally 54The next version was 54 which was graphic interface version It became popular in the masses Its pirated copy made it most popular accounting software
Tally 63Next version was tally 63 which was truly windows based version which could support fast printing and with VAT implemented Tally 63 came with water tight security in terms of piracy With its dongle it was almost impossible to crack Although crack of software were available but Tallys policy of frequent upgrades and newer releases does the trick
Brief Comparison between various version of tally(continued)
Tally 72Next version of Tally was Tally 72 It was also fast version with lots of new feature like statutory compliant versions Different VAT rules for different states was achieved with this version
Tally 81Tally 81 was developed with new data structure of Tally A module of POS and Payroll was added to it It could not live up to the expectations with the people and marred by bugs Company rectified many but the version could not become popular and company has to abort it before time and launch new version
Tally 9This is the latest version of Tally which has maximum features All other versions have been declared end of life period by Tally company Tally 9 has advance features like Excise for Dealers Payroll FBT TDS e-TDS filing facility etc along wit its regular features related to accounting and inventory management
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Batch 2
Group membersROLL NO NAME ICAI REGNO
22 ABHISHEK JAIN NRO0276716
23 ANJALI AGGARWAL NRO0285971
24 KUSH LUTHRA NRO 0282238
25 ABISHEK JAIN NRO 0277260
26 CHARU NRO 0277589
27 DEEPAK KUMAR NRO 0262635
28 SHIKHA VERMA NRO 0287217
29 HEMANT JAIN NRO 0274466
30 NAINA NRO 0281464
31 SAURABH NRO 0274997
32 AANCHAL NRO 0282374
33 PARAS NRO 0280126
Contents Intro of brief comparison bw
various version of tally
TALLY 63 OVER OLDER VERSION
TALLY 54
NEW FEATURES TALLY 72 OVER
OLDER VERSION TALLY 63
NEW FEATURES OF TALLY 81 OVER
TALLY 72
NEW FEATURES OF TALLY 9 OVER
TALLY 81
New features in tally erp 9 over tally
9
BRIEF COMPARISON BETWEEN VARIOUS VERSION OF TALLY
Tally 45
Tally was started with is first version of Tally 45 which was a DOS based program This program was very light weight and very fast in operation
Tally 54The next version was 54 which was graphic interface version It became popular in the masses Its pirated copy made it most popular accounting software
Tally 63Next version was tally 63 which was truly windows based version which could support fast printing and with VAT implemented Tally 63 came with water tight security in terms of piracy With its dongle it was almost impossible to crack Although crack of software were available but Tallys policy of frequent upgrades and newer releases does the trick
Brief Comparison between various version of tally(continued)
Tally 72Next version of Tally was Tally 72 It was also fast version with lots of new feature like statutory compliant versions Different VAT rules for different states was achieved with this version
Tally 81Tally 81 was developed with new data structure of Tally A module of POS and Payroll was added to it It could not live up to the expectations with the people and marred by bugs Company rectified many but the version could not become popular and company has to abort it before time and launch new version
Tally 9This is the latest version of Tally which has maximum features All other versions have been declared end of life period by Tally company Tally 9 has advance features like Excise for Dealers Payroll FBT TDS e-TDS filing facility etc along wit its regular features related to accounting and inventory management
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Contents Intro of brief comparison bw
various version of tally
TALLY 63 OVER OLDER VERSION
TALLY 54
NEW FEATURES TALLY 72 OVER
OLDER VERSION TALLY 63
NEW FEATURES OF TALLY 81 OVER
TALLY 72
NEW FEATURES OF TALLY 9 OVER
TALLY 81
New features in tally erp 9 over tally
9
BRIEF COMPARISON BETWEEN VARIOUS VERSION OF TALLY
Tally 45
Tally was started with is first version of Tally 45 which was a DOS based program This program was very light weight and very fast in operation
Tally 54The next version was 54 which was graphic interface version It became popular in the masses Its pirated copy made it most popular accounting software
Tally 63Next version was tally 63 which was truly windows based version which could support fast printing and with VAT implemented Tally 63 came with water tight security in terms of piracy With its dongle it was almost impossible to crack Although crack of software were available but Tallys policy of frequent upgrades and newer releases does the trick
Brief Comparison between various version of tally(continued)
Tally 72Next version of Tally was Tally 72 It was also fast version with lots of new feature like statutory compliant versions Different VAT rules for different states was achieved with this version
Tally 81Tally 81 was developed with new data structure of Tally A module of POS and Payroll was added to it It could not live up to the expectations with the people and marred by bugs Company rectified many but the version could not become popular and company has to abort it before time and launch new version
Tally 9This is the latest version of Tally which has maximum features All other versions have been declared end of life period by Tally company Tally 9 has advance features like Excise for Dealers Payroll FBT TDS e-TDS filing facility etc along wit its regular features related to accounting and inventory management
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
BRIEF COMPARISON BETWEEN VARIOUS VERSION OF TALLY
Tally 45
Tally was started with is first version of Tally 45 which was a DOS based program This program was very light weight and very fast in operation
Tally 54The next version was 54 which was graphic interface version It became popular in the masses Its pirated copy made it most popular accounting software
Tally 63Next version was tally 63 which was truly windows based version which could support fast printing and with VAT implemented Tally 63 came with water tight security in terms of piracy With its dongle it was almost impossible to crack Although crack of software were available but Tallys policy of frequent upgrades and newer releases does the trick
Brief Comparison between various version of tally(continued)
Tally 72Next version of Tally was Tally 72 It was also fast version with lots of new feature like statutory compliant versions Different VAT rules for different states was achieved with this version
Tally 81Tally 81 was developed with new data structure of Tally A module of POS and Payroll was added to it It could not live up to the expectations with the people and marred by bugs Company rectified many but the version could not become popular and company has to abort it before time and launch new version
Tally 9This is the latest version of Tally which has maximum features All other versions have been declared end of life period by Tally company Tally 9 has advance features like Excise for Dealers Payroll FBT TDS e-TDS filing facility etc along wit its regular features related to accounting and inventory management
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Brief Comparison between various version of tally(continued)
Tally 72Next version of Tally was Tally 72 It was also fast version with lots of new feature like statutory compliant versions Different VAT rules for different states was achieved with this version
Tally 81Tally 81 was developed with new data structure of Tally A module of POS and Payroll was added to it It could not live up to the expectations with the people and marred by bugs Company rectified many but the version could not become popular and company has to abort it before time and launch new version
Tally 9This is the latest version of Tally which has maximum features All other versions have been declared end of life period by Tally company Tally 9 has advance features like Excise for Dealers Payroll FBT TDS e-TDS filing facility etc along wit its regular features related to accounting and inventory management
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
TALLY 63 OVER OLDER VERSION TALLY 54
The Extended
Enterprise System
RELEASE 1 NEW FEATUR
ES
Release 11 new feature
s
Release 12 new features
Release 19 NEW FEATUR
ES
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
The Extended Enterprise System
The new Tally ees 63 comes with breakthroughs in collaborative technology that extend your companys capability of managing information across your software applications and your offices with your business partners and your managers-on-the-move All this leads to accurate decisions for improved profits
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 63 NEW FEATURES RELEASE 1
Reorder Levels
Aged Stock Analysis
Scenario Management
Tally ODBC
E-capabilities
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 63 RELEASE 1Reorder Levels
Reorder level is that quantity in hand for a stock item reaching which you should order your supplies The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks Therefore the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock the delivery time specified by the customer and the stock in hand to satisfy orders in the meantime In simple mode Tally accepts your specified quantities only In advanced Tally considers past consumption patterns to suggest reorder levels You can however give your own levels You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode
The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered Hence we will first specify and then obtain the report
More Specifying Reorder Levels Obtain Reorder Status and Quantities to order Alter Reorder Levels and minimum quantities
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally63 RELEASE 1 Aged Stock Analysis (Ageing Analysis)
A very important function of Working Capital management is monitoring stocks Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time go out of fashion or simply get forgotten Tallys aged stock analysis or Stock ageing enables you to know the age of stocks in hand according to when they were received and the purchase value
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally63How to view Ageing Analysis
Ageing Analysis report produces a default ageing period of lt45 days 45-90 days 90-180 days and gt180 days You can change the setting by using F6 The default report also gives stock values based on Actual Purchase Use Hide Amount to view the report without values as has been done aboveSince Negative Stocks cannot be aged they are shown in a separate column
Gateway of Tally gt Display gt Inventory Books gt Ageing AnalysisSelect the Group of Stock Items to be analyzed
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally63RELEASE 1Scenario Management
Scenario management is a management tool that enables different views of your information both accounts and inventory related by selectively including certain types of vouchers without affecting the base data This is useful in reports with provisional figures without actually putting the entries through the main books It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures
The vouchers that are used in Scenario Management are
Optional Vouchers Memorandum Vouchers Reversing Journals
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally63RELEASE 1Tally ODBC
Tally uses ODBC to connect to other programs and exchange data dynamically
Outward Connectivity
Inward Connectivity
Outward Connectivity
Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming Print labels for greeting cards from the ledger addresses stored in Tally Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally Tallys database is now open for use in most popular programs to give you the unlimited flexibility of creating your own reports using up-to-date data from Tally
Inward Connectivity
On the other hand Tally ies 72 is capable of being programmed by TallyExperts to use data from other systems much more easily This permits you to continue using other systems and use some of their data in Tally as if they were parts of one integrated system For example a customer contact management program may contain various details like status of an order and last contact made Bring in that data into Tally to merge into a report containing outstanding balances Any changes in the other data will be immediately reflected in Tally
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally63RELEASE 1 E-capabilities AND Release 11 new features
E-capabilities E-mail Internet Publishing Web-browser
Release 11 new features Optional Vouchers by default Item Invoice amp Account Invoice Common Ledger Ac for Item Allocation Credit Period details in Ledger Master Use Defaults for Bill Allocation Accept Supplementary Details Single Entry Mode for Payment Receipt
Contra
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 63Release 19 NEW FEATURES
Proxy Server Configuration
A new configuration option has been added in the F12 Configure menu
A new configuration option has been added in the F12 Configure menu From this release onwards Proxy server configuration is required for those users who are behind a proxy server and use Synchronization feature of Tally as a Client If TallyClient accesses a TallyServerthrough a proxy server then proxy server details must be provided in this option Tally no longer depends on Internet Explorer for proxy settings
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 63Release 19 new features
Rejection In and Rejection OutIn Stock Vouchers sub-screen of Stock ItemGroup monthly summary reports Rejection Out would be shown as Negative (-) quantity in Inward Column and Rejection In as Negative (-) quantity in the Outward Column In the event of Rejection In (Material Inward but considered as (-) Outward) the Rate at which the Item has been returned will not affect the value of Closing Stock and the value of material would be debited to respective sales account only In case of Rejection Out (Material Outward but considered as (-) Inward) the Rate at which the Item is returned will change the rate of Item for the balance Closing Stock
SynchronizationModification in Op Balance of a Debtor or partial adjustment of the same against multiple receipts were not getting synchronized to the server data The same has been corrected in this release In case of change in the Op Balance (In case of carrying forward the balances to next year) the user must modify one of the existing vouchers in order to synchronize the modified Ledger account
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 63Release 21 new features
Tally Link Server
Tally Connected customers get access to a range of connected services known as Tally Internet Services Tally Link Server is one of the services available as a part of Tally Internet Services It enables two instances of Tally to communicate with each other without the requirement of a fixed IP address in the server Tally Connected customers can synchronize their data using the Tally Link Server
ImportExport Snapshot --Helpful to setup synchronization when both the companies participating in synchronization have large no of transactions
Ability to Import any XML files of any size
Option to compress data during Synchronization
Insert Failure Voucher ID Error gt Resolved
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
TALLY 63Release 314 - 315 NEW FEATURES
The new licensing feature enables you to register Tally even if you do not have a direct Internet connection You need to do this only once and not monthly
If you are an Offline user you can take a request file to a computer with an Internet connection and activate your copy of Tally easily
The license is now linked to a computer However you can use the same Tally license on another computer by surrendering your license on the first computer and reactivating it on any other
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
NEW FEATURES TALLY 72 OVER OLDER VERSION TALLY 63
Release 1 New
Features
Salient features of Tally VAT 1
TDS in Tally 72
Single User Licensing
Multi User Licensing
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally 73Release 1 new features
Integrated Enterprise Solution Tally 72 version has the latest taxation
structure integrated in it These integrated features in Tally will make it simple to manage myriad issues that will arise due to the complexities of taxation in your day-to-day activities Licensing has been simplified for single-users and multi-users
New Features complete Value Added Tax (VAT) Tax Deducted at Source (TDS) Licensing
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 72Release 1 Salient features of Tally VAT
Salient features of Tally VAT
VAT is completely integrated with Tally 72 The VAT functionality in Tally 72 supports the following features making it easier for computation
Quick amp easy setup
Fast amp error-free voucher entry
Pre-defined list of sales amp purchase classifications
Complete tracking of each transaction till annual returns
Printing of Tax invoice
VAT computation report
Better VAT-returns management
Monthly Return
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally72Release 1VAT Computation screen
shows as follows
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally 72Release 1 TDS in Tally ies72
TDS (Tax Deducted at Source) in Tally ies 72 provides an easy-to-use interface with complete flexibility It helps you to handle any intricate cases and to calculate the tax amount payable to the Income Tax Department
Features of TDS in Tally ies 72 The TDS functionality in Tally ies 72 supports the following
features Simple and User-friendly Quick and Easy to set up and use PartialFull payment of Tax deducted Auto and Manual calculation of TDS amount Generates TDS Challan and Exception reports Complete tracking of each transaction from deduction to payment Challan management and printing ensures prompt and accurate filing of
Tax The Auto allocation feature prevents error-prone data entry and helps
to track the transactions faster
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Release 1Creating Tax Ledger
Gateway of Tally gt Accounts Info gt Ledgers gt CreateNameEnter the name of the Tax LedgerUnderSelect the group as Duties and Taxes from the list On the selection of group Duties and Taxes you will get the option to select type of DutyTaxType of DutyTaxSelect TDS tax type from the listNature of Payment
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally 72
Release 1--Single User Licensing Multi User Licensing
Tally Silver for Single-User
The single-user Licensing allows the deployment of Tally on ONLY ONE computer with an option of activating it Online or Offline
However you can use the same Tally license on another computer by surrendering the license activated on the first and reactivating it on the other If you are an Offline user you can take a request file to a computer which has Internet connectivity and activate your copy of Tally easily
Tally Gold for Multi-User
The multi-user Licensing feature facilitates the use of Tally on ANY NUMBER of computers connected to a local area network (LAN) with a provision of activating the license Online or Offline
However the method of activation is no different from the one followed in Single User Licensing system
After the successful installation of multi-user license on the License server you can have Tally start when Windows starts and run as a service in the background The License clients may install and use Tally later
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
NEW FEATURES OF TALLY 81 OVER
TALLY 72
Release 10 new features
Release 10 Major Changes and Enhancements
Release 11 new features
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally81Release 10 new features
Tally 81 - A Multilingual Business Accounting amp Inventory Management Software provides support for Fringe Benefit Tax computation and VAT Composition returns generation in addition to its language capabilities
New Features
bullMultilingual Support
bullFringe Benefit Tax
bullVAT Composition Returns
bullExcise for Dealers
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally81 Release 10 new features Multilingual Support
Tally 81 is so technologically advanced that it can operate in all Indian languages concurrently That means you maintain accounts in any Indian language view it in another and print it in yet another language of your choicehellip at the same time
Fringe Benefit Tax
FBT (Fringe Benefit Tax) is a one time easy to enable configuration Tally provides the complete tracking of expenses covered under FBT It computes FBT based on the eligibility criterion and generates FBT Challan and returns
VAT Composition Returns
VAT Composition Returns provides fast and error-free voucher entry with complete tracking of each transaction The Composition Rate of VAT is automatically recognised based on the turnover It prints VAT Composition Returns for VAT enabled states The tax payable is calculated automatically and displays in the Return Form
Excise for Dealers
Excise for Dealers provides complete tracking of duty credit availed and passed on
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally81Release 10 Major Changes and Enhancements
LIFO and FIFO valuation method Std Cost and Std Price Valuation method If you have not set Set Standard Rates in Stock Item masters
but have set Costing Method to Std Cost and Market Valuation Method to Std Price In Tally 72 the First Purchase cost was taken into consideration for the Std Cost Valuation and the First Sale price for Std Price valuation methods
However Tally 81 accurately considers the Last Purchase cost for Std Cost Valuation and the Last Sale Price for Std Price valuation
On Account values were being taken as overdue in Ratio Analysis in 72 In Tally 72 On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis Tally 81 has resolved this and displays only the outstanding
values in Due till today (for Sundry Debtors and Creditors)
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally81Release 10 Major Changes and Enhancements
Average Cost When Multiple Sales and Purchases are made against Receipt and Delivery Notes at a
rate different from that specified in the Receipt and Delivery notes
For Example Let us assume you have passed a Receipt Note for 100 nos of an item Rs 100 per item Subsequently you pass a Purchase Invoice for 30 nos of the item Rs 120 against the above Receipt Note This means that some items are still pending against the tracking number
In Tally 72 the difference in the rates would be incorrectly included in the original value The balance sheet viewed with Avg Cost valuation method displays closing stock values at Rs 10600
This has been resolved in the new Tally 81 which accurately displays the Avg Cost closing stock valuation in the balance sheet as Rs 10000
Pending Tracking number values were approximate even though quantities were accurate (causing few Paisedifference depending on context) Tally 72 used to display pending DeliveryReceipt with approximate values causing
a small difference in the values
Tally 81 has resolved this and displays the pending DeliveryReceipt Notes values accurately
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally81 Release 11 new features E-Mail Authentication
Multi-accounting Allocation When you rewrite a company the vouchers with multiple accounting allocations will be retained if Use Common Ledger Ac for Item Allocation is set to No
Synchronization of Altered Transactions Synchronization is possible even when data migrated from Tally 72 consists of cancelled vouchers
Cost Centre Class in Stock Journal In Tally 81 you cannot select Cost centre class while creating Stock Journals as it is not applicable
Migration The process of Migrating Data to Tally 81 is now effectively enhanced
Migrating Currencies Multiple currencies can now be easily migrated to Tally 81
Forex Gain Loss Calculations Tally 81 displays accurate Debit and Credit amounts in the Ledger Forex GainLoss report unlike Tally 72 in which Debit amounts were displayed asCredit and vice versa
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
NEW FEATURES OF TALLY 9 OVER TALLY 81
Release 10 New Feature
s
Release 11Maj
or Enhancements
Release 12
NEW FEATUR
ES
Release 13
NEW FEATUR
ES
Release 131
Enhancements
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9Release 10 new features
New Features
bullPayrollbullPOS InvoicingbullMultilingual SupportbullStatutory and Taxation
Payroll It has been integrated with accounts in order to simplify Payroll
processing Payroll can be configured to suit the requirements of various types of organization
You can now configure align and automate simple to complex payroll processes You can print pay slips maintain salarywages and attendance leave overtime registers and generate Gratuity and Expat reports You can also configure Payroll Data with cost centre reports for business analysis
The enhanced Payroll in Tally 9 is now simple and allows you to generate a Pay slip four easy steps
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9Release 10 new features
POS InvoicingPOS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations It efficiently automates the lsquocheck-outrsquo process and allows you to create invoices and collect payments from customers in a matter of moments
Multilingual SupportTally 9 now provides the language interface support inBahasa Melayu andBahasaIndonesia
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9Release 10 new features
Statutory Compliance and Taxation
Tally 9 now provides you with compliance of VAT for different states in India It also provides you
Service Tax for Malaysia
Sales Tax for Malaysia
VAT for Indonesia
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9 Release 11MajorEnhancements
New Attributes in TallyiniTally 9 introduces three new attributes to the Tallyini
filebullOptimize NetworkbullLoad BufferingbullFlush File
FIFO Perpetual --Tally introduces a new method of inventory valuation FIFO Perpetual which is similar to LIFO Perpetual The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock FIFO Perpetual takes all existing past data Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9 Release 11 Major Enhancements
Abatement in Service Tax Tally now offers you the flexibility of entering the desired percentage of abatement in service tax
Sales Invoice Printing You can now print any number of sales invoices with the appropriate print title
Option to Print Invoices as Excise or VAT Invoice Tally now offers you the option Print as Commercial Invoice at the Print Configuration screen Set it to YesNo to print an Invoice either in the Commercial (VAT) or Excise invoice format
Performance and Data Migration in Tally 9 tally 9 comes with enhanced performance and improved stability over the previous versions The data migration tool has also been enhanced resulting in more accurate and speedier migration of data
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9 Release 12 NEW FEATURES
Excise Opening Stock Calculation of Secondary Education Cess Calculation of CVD (On Import) Start of new Financial Year VAT Payment Vouchers ndash For India Only VAT Declaration in Excise Sales Invoice Education Cess on CVD in Excise Sales Invoice Duty Heads for Customs and Excise Actual Billed Quantity Designation of Signing Authority Interest Parameters Interest Calculation Formal Receipt Cheque Printing Foreign Exchange Multi Column CashBank Tracking Consignee
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally9 Release 13 NEW FEATURES
Godowns The address entered in the Godown creation screen appears legible
Bank Reconciliation The Bank Reconciliation statement displays appropriate entries as configured in F12 Configure
Stock Journal The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately
Rejection In Out Vouchers--The Rejection Inward Outward vouchers display the customer details as entered in the Mailing Details section of the Customer ledger creation
Inventory Report--The Godown ndash wise Inventory reports now displays accurate balance values whereas multiple Godowns are maintained
Price Level--Creating a Price Level using Alt+C from the Price List screen will display the same in the Price Level field spontaneously
Security Control--Tally provides access to the features options as specified in the Security Levels screen
Cost Centre--Set the option Show Cost Centre Details also to Yes in the Multi Account Printing for Group of Accounts to print the Cost Centre details
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
New features in tally erp 9 over tally 9
TallyNET
Auditorrsquos Edition of TallyERP 9
Payroll in TallyERP 9
Automatic data replicationexchange with synchronization
Security Management Tally Audit Tally Vault Removal of data into separate company Extensibility (TDL - Tally Definition Language) Internal Backup Restore Import Export of Data Graphical Analysis of Data Statutory Compliance Capabilities
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally erp 9TallyNET
Meaning of tally netTallyNET is an enabling framework which establishes a
connection through which the remote user can access the Clients data without copying transferring the data In other words the remote user can access the company data provided the Company is open and connected on TallyNET
TallyNET Features TallyNET is a default feature available in the product and
provides a host of capabilities Register and Connect companies from TallyERP 9 Create and maintain Remote Users 1048711 Remote access of data by any user (including BAP users) 1048711 Remote availability of Auditors Edition of Tally License 1048711 Synchronization of data (via TallyNET)
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Tally erp 9Auditorrsquos Edition of TallyERP 9
TallyERP 9 offers a special Auditors Edition of TallyERP 9 which provides auditing and compliance capabilities exclusively for Chartered Accountants The Audit capabilities provided in Auditors Edition are available by default regardless of TallyNET subscription Using TallyNET features
TallyERP 9 provides the capability to Chartered Accountants to Audit in following scenarios
Audit at CAs office by accessing local data
Audit at Clients place by accessing local data
Audit at his place by accessing Clients data remotely
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
Payroll in TallyERP 9 Payroll refers to a series of accounting transactions
involved in the process of paying employees for services rendered after taking into account all statutory and non-statutory deductions The efficient payroll system in Tally facilitates error-free accurate and timely employee payments while ensuring that the employment is well within the valid work permit
Payroll in TallyERP 9 handles all the functional accounting and statutory requirements of the payroll department It provides you with the flexibility to define earning amp deduction heads and supports the computation and deduction of ESI EPF Gratuity etc It supports user defined production units like attendance production time based remuneration and other methods of calculating payroll Comprehensive reports based on cost centers and employee wise cost can be generated
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally erp9
Automatic data replicationexchange with synchronization
Synchronization refers to the process of Tally data being replicated between two or more locations This enables a branch office to send its data to the head office over the Internet or a private network
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally erp9 Security Management
Data Security TallyERP 9 use of data integrity checks ensures that no external change to your data can affect it It uses a binary encoding format of storage to prevent devious grouping of information It also offers access to your database thru an ODBC layer which is fully activated
User-defined Security Levels
TallyERP 9 offers you high levels of security You can define multiple levels of security as per requirements and authorize users with individual passwords and rights to access specific functionality only User with Administrator level password will have full access to all features and will set access controls for other users
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
tally erp9 Tally Audit
Tally audit feature provides you with Administrator rights
a capability for you to check the accuracy and correctness of the entries made by authorized users
It allows you to alter the entries if required Once you audit the entries
TallyERP 9 displays for you all altered entries with the users name who altered the entry the date and time of alteration
The audit trail is also available in the day book where the administrator can view the alterations made
THANK YOU
THANK YOU