1. Tally7.2
Integrated Enterprise Solution
Tally ies 7.2 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
1. Value Added Tax (VAT)
2. Tax Deducted at Source (TDS)
3. Licensing
Salient features ofTally VAT
VAT is completely integrated with Tally 7.2. The VAT functionality in Tally 7.2 supports the
following features, making it easier for computation:
o Quick & easy setup
o Fast & error-free voucher entry
o Pre-defined list of sales & purchase classifications
o Complete tracking of each transaction till annual returns
o Printing of Tax invoice
o VAT computation report
o Better VAT-returns management
o Monthly Return

2. TDS in Tally ies 7.2
TDS (Tax Deducted at Source) in Tally ies 7.2 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 7.2
The TDS functionality in Tally ies 7.2 supports the following features:
o Simple and User-friendly
o Quick and Easy to set up and use
o Partial/Full payment of Tax deducted
o Auto and Manual calculation of TDS amount
o Generates TDS Challan and Exception reports
o Complete tracking of each transaction from deduction to payment
o Challan management and printing ensures prompt and accurate filing of Tax
o The Auto allocation feature prevents error-prone data entry and helps to track the
transactions faster
Introduction
Tally ies (integrated enterprise solution) 7.2 provides you with two specialized features:
o Single User Licensing
o Multi User Licensing
TallySilver 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.
TallyGold for Multi-User

3. 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 on.
Note:
1. The activation of the license needs to be done only twice, not monthly.
2. When the multi-user licensing system is deployed across the network, enough care must be
taken to set the parameter 'TallyLicenseServer’ in the configuration file of Tally (Tally.ini) on
the License Clients.
3. In multi-user licensing, if you work on Windows XP and have a firewall installed, ensure that
the firewall allows access to the Server Port.