This document summarizes the key differences between various versions of the accounting software Tally. It describes Tally 4.5, the first DOS-based version, Tally 5.4 which introduced a graphical interface, and Tally 6.3 which was the first truly windows-based version with features like VAT implementation. It then discusses newer versions like Tally 7.2, 8.1 and 9, highlighting improved statutory features, integration of payroll and other modules, and the addition of advanced accounting capabilities in the latest version.
This document provides an overview of the key features and capabilities of the Tally ERP 9 accounting software package. It describes Tally ERP 9 as a complete business management solution that provides financial accounting, bookkeeping, inventory management and reporting features. It also summarizes some of Tally ERP 9's accounting features like voucher types, inventory features, statutory and taxation features, password security, report generation and financial analysis tools.
A trial balance is a financial statement that lists the debit and credit balances of all accounts in the general ledger. It is prepared to check the arithmetic accuracy of the ledger accounts and help detect errors. The trial balance is not a conclusive proof of accuracy as certain errors may remain undetected even if the debit and credit totals match. Common errors include omissions, incorrect postings, or wrong account balances. If errors cannot be found, a suspense account is used to temporarily balance the trial balance.
This document defines key concepts related to ledgers. It begins with defining a ledger as a summary of all transactions relating to an account over a period of time, showing the net effect. It then provides a flow chart and discusses the utilities of ledgers, including providing quick information on accounts, controlling transactions, preparing trial balances and financial statements. The document also covers the format of ledger accounts, the distinction between journals and ledgers, and the procedures for posting transactions to ledgers, including opening entries, compound entries, and balancing accounts.
Completing a task requires invaluable contributions from many individuals. The author expresses gratitude to their guide for guidance and encouragement. Thanks are also given to parents for their support. Tally is a powerful accounting software that can handle all types of financial transactions efficiently and accurately through its various features like voucher entries, books of accounts reports, bank reconciliation statements and shortcut keys.
Tally Prime is a business management software that helps small and medium enterprises manage accounting, inventory, banking, taxation, payroll and other tasks. It was founded in 1986 in Bangalore, India by Bharat Goenka and Shyam Sunder Goenka. The document provides an overview of the key features and improvements of Tally Prime over Tally ERP 9, including easier multi-tasking, simplified chart of accounts, optimized invoice printing, and simplified installation process. It also outlines the basic interface and many shortcut keys available in Tally Prime for navigating reports and entering transactions quickly and efficiently.
This document provides an overview of the features and functionality of the Tally accounting software. It explains how to start up Tally and create a new company. It also describes how to create account heads, accounting masters like groups, ledgers and voucher types. Instructions are provided for creating inventory masters like stock groups, items and units of measure. The document outlines how to enter various accounting vouchers and inventory vouchers. It also summarizes how to generate key reports in Tally like the trial balance, profit and loss statement, balance sheet, cash flow statement and ratio analysis.
This document discusses depreciation, including its concept, objectives, causes, and methods. It defines depreciation as the permanent fall in value of fixed assets due to wear and tear from use in business. The objectives of depreciation include calculating proper profits, maintaining the original investment, and providing for asset replacement. Causes include wear and tear, obsolescence, and the passage of time. Common depreciation methods discussed are the straight-line method, declining balance method, and sum of years digits method.
This document provides an overview of the key features and capabilities of the Tally ERP 9 accounting software package. It describes Tally ERP 9 as a complete business management solution that provides financial accounting, bookkeeping, inventory management and reporting features. It also summarizes some of Tally ERP 9's accounting features like voucher types, inventory features, statutory and taxation features, password security, report generation and financial analysis tools.
A trial balance is a financial statement that lists the debit and credit balances of all accounts in the general ledger. It is prepared to check the arithmetic accuracy of the ledger accounts and help detect errors. The trial balance is not a conclusive proof of accuracy as certain errors may remain undetected even if the debit and credit totals match. Common errors include omissions, incorrect postings, or wrong account balances. If errors cannot be found, a suspense account is used to temporarily balance the trial balance.
This document defines key concepts related to ledgers. It begins with defining a ledger as a summary of all transactions relating to an account over a period of time, showing the net effect. It then provides a flow chart and discusses the utilities of ledgers, including providing quick information on accounts, controlling transactions, preparing trial balances and financial statements. The document also covers the format of ledger accounts, the distinction between journals and ledgers, and the procedures for posting transactions to ledgers, including opening entries, compound entries, and balancing accounts.
Completing a task requires invaluable contributions from many individuals. The author expresses gratitude to their guide for guidance and encouragement. Thanks are also given to parents for their support. Tally is a powerful accounting software that can handle all types of financial transactions efficiently and accurately through its various features like voucher entries, books of accounts reports, bank reconciliation statements and shortcut keys.
Tally Prime is a business management software that helps small and medium enterprises manage accounting, inventory, banking, taxation, payroll and other tasks. It was founded in 1986 in Bangalore, India by Bharat Goenka and Shyam Sunder Goenka. The document provides an overview of the key features and improvements of Tally Prime over Tally ERP 9, including easier multi-tasking, simplified chart of accounts, optimized invoice printing, and simplified installation process. It also outlines the basic interface and many shortcut keys available in Tally Prime for navigating reports and entering transactions quickly and efficiently.
This document provides an overview of the features and functionality of the Tally accounting software. It explains how to start up Tally and create a new company. It also describes how to create account heads, accounting masters like groups, ledgers and voucher types. Instructions are provided for creating inventory masters like stock groups, items and units of measure. The document outlines how to enter various accounting vouchers and inventory vouchers. It also summarizes how to generate key reports in Tally like the trial balance, profit and loss statement, balance sheet, cash flow statement and ratio analysis.
This document discusses depreciation, including its concept, objectives, causes, and methods. It defines depreciation as the permanent fall in value of fixed assets due to wear and tear from use in business. The objectives of depreciation include calculating proper profits, maintaining the original investment, and providing for asset replacement. Causes include wear and tear, obsolescence, and the passage of time. Common depreciation methods discussed are the straight-line method, declining balance method, and sum of years digits method.
Trial balance is prepared after closing all ledger accounts to check the arithmetical accuracy of the financial records by ensuring total debits equal total credits. It lists debit and credit balances of ledger accounts and is used to locate errors and as the basis for preparing final financial statements. The trial balance format presents account headings and their debit or credit balances in two columns with totals that must be equal for the accounting to be accurate.
Both the chapters journal and ledger along with the accounting cycle is resent in the PPT with their formats. It makes the learning of the chapters easy for an accountancy student.
This document discusses accounting standards for depreciation accounting in India. It explains that depreciation is a measure of the wearing out or loss of value of an asset over its useful life. It then describes different methods for calculating depreciation, including straight-line, written down value, and units of production. Journal entries are provided for recording depreciation expense and the disposal of assets. The document concludes by stating that this standard applies to all depreciable assets except certain items, and disclosure of depreciation policies is important.
The ledger is the principal book of accounting that contains accounts where transactions are recorded. It collects all accounts from the journal and special journals. The ledger is useful for ascertaining the net result of transactions in an account on a given date. It organizes accounts by debit and credit sides, records journal folio references, and amounts. Ledger accounts are classified into five categories: assets, liabilities, capital, revenues/gains, and expenses/losses. Temporary accounts are closed at period end by transferring them to trading and profit and loss, while permanent accounts appear on the balance sheet.
The document discusses journal entries and their characteristics. It defines a journal as a chronological record of financial transactions. Every transaction is recorded through a journal entry that includes the date, amount, accounts affected, and description. Journal entries follow double-entry bookkeeping by debiting one account and crediting another. They provide a basis for recording transactions in individual ledger accounts and help locate errors. The document also discusses types of journal entries, their advantages and limitations.
Maintain Bill-wise Details
Create and maintain cost Centers
Create and maintain Multiple Currencies
Configure and compute Interest Calculations
Create and maintain Budgets and Scenarios
Generate and print various reports
Ratio Analysis is a part of Financial Statement Analysis that is used to obtain a quick indication of a firm's financial performance in several key areas.
Liquidity ratios
Activity ratios
Solvency ratios
Profitability ratios
Tally has several advantages for businesses including enabling effortless data movement across departments, reducing expenses associated with data collection and transfer, and facilitating fast transaction processing. However, it also has some disadvantages such as being not very user-friendly, limiting customization options, and posing risks of data loss or intrusion due to its offline nature. It is also not ideal for multi-branch businesses that require real-time syncing of data across locations. Overall, while Tally provides benefits for basic accounting needs, it has limitations for more advanced or complex business requirements.
TallyPrime is a complete business management software for small and medium business. TallyPrime helps you manage accounting, inventory, banking, taxation, banking, payroll and much more to get rid of complexities, and in turn, focus on business growth.
The document discusses various methods of depreciation. It defines depreciation as the gradual decrease in the value of an asset over time. There are two main types of depreciation: internal caused by normal wear and tear, and external caused by factors like obsolescence. The key methods of depreciation discussed are the straight-line method, declining balance method, and machine hour rate method. The straight-line method calculates equal depreciation amounts each year. The declining balance method calculates depreciation on the book value which decreases each year. The machine hour rate method calculates depreciation based on hours of use.
It is the system in which both the aspects i.e. debit as well as credit are recorded in the books of accounts .It records transactions relating to all the accounts i.e. personal, real and nominal.
Tally is accounting software that integrates business operations like sales, finance, purchasing, inventory, and manufacturing. It provides real-time business information from anywhere. The document then outlines the history and features of different versions of Tally over time, including the addition of inventory, VAT, TDS, service tax, payroll, and other features. It also mentions that S.S. Goenka founded Tally Solutions Private Limited in 1986 and that Bharat Goenka is the current managing director.
Trial balance and rectification of errorsItisha Sharma
Trial balance and rectification of errors, Introduction- Specimen of a Trial Balance- Errors and their rectification – Rectification of errors Rectification of errors detected after the preparation of Trial Balance but before the preparation of Final Accounts- Effect of errors on Profit – Rectification of errors appearing after the preparation of Final Accounts
Overhead refers to indirect costs that cannot be traced to specific products or services. This document discusses the classification, accounting, apportionment, absorption, and reconciliation of overheads. It outlines various types of overheads, steps in overhead accounting, bases for apportionment, principles of apportionment, methods of reapportionment, absorption methods, and how under/over absorption of overheads is handled.
This document discusses subsidiary books, which are books of original entry where transactions are first recorded. It provides examples of common subsidiary books like purchase books, sales books, cash books, bills receivable books and bills payable books. It also discusses the advantages of using subsidiary books and their various formats.
A chartered accountancy firm named M/s ABC Associates has recently switched to Tally ERP 9 for their billing and accounting needs. The firm approaches the document author for help in facilitating client billing in Tally ERP 9. The author identifies some potential issues the firm may face, such as allocating receipts to bills and dividing profits between partners. The document then provides examples of how cost centers in Tally ERP 9 can help address these issues by allowing the allocation of revenues and expenses to different parts of the organization. It also discusses features of cost centers like creating, altering and using multiple cost centers. Finally, it gives examples of how the author's own firm JP Associates uses cost centers.
The basic functions of Tally.ERP 9
F11: Features & F12: Configurations
Creating and Maintaining Chart of Accounts
Entering the opening balances for Ledgers
The TileList control displays items laid out in equally sized tiles that can contain a scroll bar depending on the orientation of the list. It allows accessing all items in the list. The developer Hemakumar.S thanked for defining the TileList control.
Cheshire AV has been providing AV services globally since 1994. They are a family owned business that prides itself on offering personalized service while also having the ability to execute large global presentations. Their mission is to energize concepts, enhance images, and engage audiences through more than just AV equipment, but the entire production process. They build long-term relationships with customers and are dedicated to fully understanding their needs to provide customized solutions.
Trial balance is prepared after closing all ledger accounts to check the arithmetical accuracy of the financial records by ensuring total debits equal total credits. It lists debit and credit balances of ledger accounts and is used to locate errors and as the basis for preparing final financial statements. The trial balance format presents account headings and their debit or credit balances in two columns with totals that must be equal for the accounting to be accurate.
Both the chapters journal and ledger along with the accounting cycle is resent in the PPT with their formats. It makes the learning of the chapters easy for an accountancy student.
This document discusses accounting standards for depreciation accounting in India. It explains that depreciation is a measure of the wearing out or loss of value of an asset over its useful life. It then describes different methods for calculating depreciation, including straight-line, written down value, and units of production. Journal entries are provided for recording depreciation expense and the disposal of assets. The document concludes by stating that this standard applies to all depreciable assets except certain items, and disclosure of depreciation policies is important.
The ledger is the principal book of accounting that contains accounts where transactions are recorded. It collects all accounts from the journal and special journals. The ledger is useful for ascertaining the net result of transactions in an account on a given date. It organizes accounts by debit and credit sides, records journal folio references, and amounts. Ledger accounts are classified into five categories: assets, liabilities, capital, revenues/gains, and expenses/losses. Temporary accounts are closed at period end by transferring them to trading and profit and loss, while permanent accounts appear on the balance sheet.
The document discusses journal entries and their characteristics. It defines a journal as a chronological record of financial transactions. Every transaction is recorded through a journal entry that includes the date, amount, accounts affected, and description. Journal entries follow double-entry bookkeeping by debiting one account and crediting another. They provide a basis for recording transactions in individual ledger accounts and help locate errors. The document also discusses types of journal entries, their advantages and limitations.
Maintain Bill-wise Details
Create and maintain cost Centers
Create and maintain Multiple Currencies
Configure and compute Interest Calculations
Create and maintain Budgets and Scenarios
Generate and print various reports
Ratio Analysis is a part of Financial Statement Analysis that is used to obtain a quick indication of a firm's financial performance in several key areas.
Liquidity ratios
Activity ratios
Solvency ratios
Profitability ratios
Tally has several advantages for businesses including enabling effortless data movement across departments, reducing expenses associated with data collection and transfer, and facilitating fast transaction processing. However, it also has some disadvantages such as being not very user-friendly, limiting customization options, and posing risks of data loss or intrusion due to its offline nature. It is also not ideal for multi-branch businesses that require real-time syncing of data across locations. Overall, while Tally provides benefits for basic accounting needs, it has limitations for more advanced or complex business requirements.
TallyPrime is a complete business management software for small and medium business. TallyPrime helps you manage accounting, inventory, banking, taxation, banking, payroll and much more to get rid of complexities, and in turn, focus on business growth.
The document discusses various methods of depreciation. It defines depreciation as the gradual decrease in the value of an asset over time. There are two main types of depreciation: internal caused by normal wear and tear, and external caused by factors like obsolescence. The key methods of depreciation discussed are the straight-line method, declining balance method, and machine hour rate method. The straight-line method calculates equal depreciation amounts each year. The declining balance method calculates depreciation on the book value which decreases each year. The machine hour rate method calculates depreciation based on hours of use.
It is the system in which both the aspects i.e. debit as well as credit are recorded in the books of accounts .It records transactions relating to all the accounts i.e. personal, real and nominal.
Tally is accounting software that integrates business operations like sales, finance, purchasing, inventory, and manufacturing. It provides real-time business information from anywhere. The document then outlines the history and features of different versions of Tally over time, including the addition of inventory, VAT, TDS, service tax, payroll, and other features. It also mentions that S.S. Goenka founded Tally Solutions Private Limited in 1986 and that Bharat Goenka is the current managing director.
Trial balance and rectification of errorsItisha Sharma
Trial balance and rectification of errors, Introduction- Specimen of a Trial Balance- Errors and their rectification – Rectification of errors Rectification of errors detected after the preparation of Trial Balance but before the preparation of Final Accounts- Effect of errors on Profit – Rectification of errors appearing after the preparation of Final Accounts
Overhead refers to indirect costs that cannot be traced to specific products or services. This document discusses the classification, accounting, apportionment, absorption, and reconciliation of overheads. It outlines various types of overheads, steps in overhead accounting, bases for apportionment, principles of apportionment, methods of reapportionment, absorption methods, and how under/over absorption of overheads is handled.
This document discusses subsidiary books, which are books of original entry where transactions are first recorded. It provides examples of common subsidiary books like purchase books, sales books, cash books, bills receivable books and bills payable books. It also discusses the advantages of using subsidiary books and their various formats.
A chartered accountancy firm named M/s ABC Associates has recently switched to Tally ERP 9 for their billing and accounting needs. The firm approaches the document author for help in facilitating client billing in Tally ERP 9. The author identifies some potential issues the firm may face, such as allocating receipts to bills and dividing profits between partners. The document then provides examples of how cost centers in Tally ERP 9 can help address these issues by allowing the allocation of revenues and expenses to different parts of the organization. It also discusses features of cost centers like creating, altering and using multiple cost centers. Finally, it gives examples of how the author's own firm JP Associates uses cost centers.
The basic functions of Tally.ERP 9
F11: Features & F12: Configurations
Creating and Maintaining Chart of Accounts
Entering the opening balances for Ledgers
The TileList control displays items laid out in equally sized tiles that can contain a scroll bar depending on the orientation of the list. It allows accessing all items in the list. The developer Hemakumar.S thanked for defining the TileList control.
Cheshire AV has been providing AV services globally since 1994. They are a family owned business that prides itself on offering personalized service while also having the ability to execute large global presentations. Their mission is to energize concepts, enhance images, and engage audiences through more than just AV equipment, but the entire production process. They build long-term relationships with customers and are dedicated to fully understanding their needs to provide customized solutions.
The document discusses handling tree control events in Flex. It explains that tree controls dispatch events like change and itemOpen when a user interacts with the tree. It provides an example code that defines handlers for these events to display the selected/opened item's label and data in a TextArea.
This document discusses list controls which display a vertical list of selectable items similar to an HTML select element, with a vertical scroll bar to access all items. List controls allow users to select one or more items from the list. The contact information provided is a blog and email address for an open source developer.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document contains 45 lessons or pieces of advice related to life. Some of the key lessons include: don't compare your life to others as you don't know their journey; forgive others as holding onto resentment only hurts yourself; and that today is special so don't save nice things just for special occasions. It encourages forwarding the list if you're part of the 7% who will and reminds the reader that friends are the family we choose.
This document summarizes the Reading settings options in WordPress. It describes how to choose whether posts or a static page display on the front page. It also explains how to set the number of posts displayed on blog pages and feeds, whether to show full text or summaries in feeds, and the character encoding for pages and feeds. The document ends by reminding the user to save any changes made to the settings.
Cheshire AV has been providing AV services globally since 1994. They are a family owned business that offers personalized service to clients. Their mission is to energize concepts, enhance images, and engage audiences. They provide full event production services including audio/visual design, staging, graphics, and project management.
The document defines the PopUpButton control as consisting of two horizontal buttons - a main button and a smaller pop-up button with an icon. The main button is a Button control. The document also provides contact information for the open source developer who defined the PopUpButton control, including a blog link and email address.
Sudo allows a user to run commands as the superuser or another user with certain permissions. It is commonly used when a user needs elevated privileges for a specific task without logging in as the root user. The sudoers file defines which commands can be run with sudo for each user or group. To use sudo, a user must be granted permission via the sudoers file and enter their own password when prompted, unless the timestamp is still valid within the timeout period.
The document provides release notes for Tally 9 and Tally 8.1. It summarizes new features, enhancements, and bug fixes for each release. Key updates include improved overall performance in Tally 9 Release 2.0, addition of export to Excel functionality, and fixes to issues with negative stock warnings, cost center budgets, and data migration. It also addresses bugs with voucher printing, interest calculation, ledger account printing, and more across multiple releases.
The document provides release notes for different versions of Tally 6.3 software. Some of the key updates include new features like licensing that does not require monthly activation, synchronization across locations, and modular capabilities. It also lists corrections to issues with voucher numbering, budgets, scenarios, and synchronization.
The TDL Reference Manual provides information about Tally Definition Language (TDL) and how to develop extensions for Tally.ERP 9 using TDL. It is divided into two sections - the first section covers basic TDL concepts like components, symbols, formatting, variables, objects, collections, actions and reports. The second section describes language enhancements in TDL for Tally.ERP 9 including new attributes, collection capabilities, writing remote compliant reports and user defined functions. The manual is intended for developers who want to learn TDL and effectively write programs to extend Tally's functionality.
The document discusses various physiochemical processes including precipitation, evaporation, exsiccation, desiccation, and efflorescence. It provides details on precipitation methods such as organic solvent, pH change, and double decomposition. It explains factors that affect evaporation like temperature, surface area, and atmospheric pressure. Exsiccation is the process of removing water of crystallization from hydrated substances by heating. Desiccation completely removes adhered moisture from substances. Efflorescence is the loss of water from hydrated substances into the atmosphere to reach equilibrium between the substance and surroundings.
Tally 9 introduces several new features including Tally Payroll for India, multilingual support in Bahasa Melayu and Bahasa Indonesia, and statutory compliance for VAT in Indonesia, sales tax and service tax in Malaysia. It also includes numerous minor enhancements such as the ability to print cheques in foreign currency, faster import of statutory masters, and improved display of reports.
Filtration is a process used to separate solids from liquids or gases by passing them through a porous medium. The liquid that passes through is called the filtrate, while the solids that remain behind comprise the filter cake. Clarification is a type of filtration where the solids present are very small, below 1%. Key aspects of filtration include the feed or slurry mixture, filter medium, filtrate, and factors that influence the filtration rate such as surface area, particle size, pore size, viscosity, temperature, and pressure difference. Common filter media include filter cloth, kraft paper, felt, fabric, cartridges, glass wool, and membrane filters.
Detailed comparison between various version of tallyDeep Srivastava
This document compares different versions of the Tally accounting software and summarizes new features between releases. Key points include:
- Early versions like 4.5 were DOS-based while later versions became Windows-based and added features like VAT calculation.
- Version 6.3 added reorder levels, aged stock analysis, scenario management, and e-capabilities like emailing reports.
- Subsequent versions like 7.2 and 9 provided more statutory features for payroll, taxes, and inventory management.
Final project comparison between various version of tallyDeep Srivastava
This document provides a summary of the new features introduced in different versions of Tally accounting software. It begins with a brief comparison of Tally versions 4.5, 5.4, 6.3, 7.2, 8.1 and 9. It then describes in more detail some of the major new features introduced in Tally 6.3 like Reorder Levels, Aged Stock Analysis, Scenario Management, Tally ODBC connectivity and e-capabilities. Finally, it mentions additional features added in subsequent Tally 6.3 releases.
This document provides an overview of Tally accounting software features. It discusses Tally's origins in India and its founders. Key features covered include user classifications (Silver for single-user, Gold for multi-user), activation forms, general features, accounting features like comprehensive accounting system, categorization of accounts, audit trail and drill down capabilities, extracting reports, and bank reconciliation. Inventory features discussed are stock groups, physical stock position, stock transfers, multiple godowns, price lists, and tracking through receipts/delivery notes. The document also touches on accounting and inventory management integration in Tally and summarizes the covered points.
The document provides an overview of the accounting software Tally, outlining its history and versions from Tally 4.5 to the current Tally ERP 9. It describes key features of Tally ERP 9 like its accounting, inventory, statutory, audit and networking capabilities. The document also summarizes features available in Tally like company setup, accounting, inventory, statutory, audit and add-on configuration options.
Intro of Key Features of Auto T-CAAT Pro 2021Dec01rafeq
This presentation provides an overview of the key features of Auto T-CAAT Pro, an add-in software to MS Excel which facilitates automation of import of masters and vouchers from Tally to MS Excel in a few clicks.
This document describes an integrated information management software solution called TakeCare Lite FinancialSystems. It provides a concise overview of the system's features including SQL server 2008 technology, comprehensive security, user-defined error messages, online help, parameterization and flexibility. It also summarizes the modules for general ledger and budgeting, accounts receivable, accounts payable, inventory control, point of sales and branch accounting capabilities.
Powerful Cloud based Accounting Software for Mid-Sized Businesses including Multiple Company Consolidation. It was developed over 50 man-years and received ICAEW Accreditation. It has over 8,000 users worldwide in 42 countries, handling up to 200 entities in one group with proven ability to handle large transaction volumes. Key features include powerful cloud accounting, consolidation, productivity, integration, and enhanced business analysis capabilities.
Pegasus Business Software - Opera 3 Upgrade GuideRichard Common
Protect the future of your business by moving to Opera 3, our multi-award-winning flagship solution.
We’ve added lots of new features and enhanced many areas to help you improve the way you work.
Improved reporting is a key benefit, with over 60 reports you can export directly to Excel®. Opera 3 also offers open period accounting, error correction functionality in the ledgers, the ability to connect with your Opera 3 data remotely and a whole host of other features, designed to
help you increase your visibility of the business and improve
efficiency and decision-making.
What’s more, if you upgrade to Opera 3, you’ll have the option of deploying it in the Cloud, so your entire business solution will be accessible at any time, from any device, and you’ll save on hardware infrastructure and maintenance costs.
Upgrading is easy with the help and support you’ll receive from your Pegasus Partner - PCI Services. The implementation process is straightforward and minimal training is required, so you can start reaping the benefits straight away.
http://www.pciservices.co.uk/business-software/pegasus-opera-3
Tally is an accounting software that evolved to become a full business management software. However, most Tally users only utilize the accounting features and are unaware of other useful features like inventory management, bank reconciliation, payroll, multiple currencies, and cost/profit centers. This document outlines these additional Tally features and encourages users to leverage them fully to better manage their businesses. It concludes by offering training from the company Antraweb to help users understand and make the most of Tally's full capabilities.
The Tally Accounting and Inventory management software has applications in numerous diversified industries. Customization is the feature that unites them all under the name of Tally.
This document provides guidance on best practices for implementing Oracle Accounting Hub Cloud. It covers key considerations for requirements gathering, architecture, testing, historical conversion, go-live, and post go-live operations. It also provides recommendations for functional design aspects like enterprise structures, source systems, accounting rules, journal line rules, mapping sets, and supporting references. Implementation teams are advised to thoroughly plan requirements, use a phased approach, engage system integrators, and focus on streamlining the design. Thorough testing of all flows and performance benchmarking is also emphasized.
Oracle Fusion Financials Cloud Service is a complete financial management solution that automates financial processes, provides real-time visibility into financial data, and helps users make better decisions. It includes modules for general ledger, accounts payable, accounts receivable, and more. Key features include embedded reporting, role-based dashboards, spreadsheet integration, and tools to help close the books faster. The cloud-based solution is designed to streamline financial operations and provide controls and compliance reporting.
This document provides an overview of computerized accounting software called Tally.ERP9. It discusses the history and evolution of Tally software from its origins in 1986 to the current version. It also covers accounting principles, types of accounts, and the differences between bookkeeping and accounting. Key points include the founding of Tally Solutions by Shyam Sunder Goenka in 1986, the progression of Tally versions over time, and the three main types of accounts: real, personal, and nominal accounts.
This document provides an overview of Oracle's Subledger Accounting (SLA) release 12 features. SLA is a rules-based engine that generates accounting entries from source transactions across Oracle applications. It allows multiple accounting representations for a single transaction to comply with different requirements. SLA provides consistent accounting treatment, controls, and reporting across all subledgers and transactions.
Sub Ledger Accounting (SLA) provides accounting rules and functionality that allow transactions in sub ledgers like payables and receivables to generate accounting entries before transferring them to the general ledger. Key features of SLA include creating accounting entries at the sub ledger level, maintaining accounting definitions and versions, and providing draft and final accounting options. SLA acts as a service to Oracle applications modules that need accounting functionality like payables, receivables, and others.
R12 upgrade considerations by product v6.0 1Miguel Felicio
Release 12 of Oracle's Financials products includes several new features and changes to upgrade considerations. For Oracle Advanced Collections, new functionality allows collectors to see customer data and balances across operating units. Oracle Advanced Global Intercompany Systems replaces the Global Intercompany System and allows for streamlined intercompany processing. Oracle Assets includes enhanced mass additions processing and automatic depreciation rollback.
R12 upgrade considerations by product v6.0 1Miguel Felicio
Release 12 of Oracle's Financials products includes several new features and changes to upgrade considerations. For Oracle Advanced Collections, new functionality allows collectors to see customer data and balances across operating units. Oracle Advanced Global Intercompany Systems replaces the Global Intercompany System and allows for streamlined intercompany processing. Oracle Assets includes enhanced mass additions processing and automatic depreciation rollback.
This document provides an overview of Sage Evolution, an integrated business management software solution. It offers accounting, CRM, inventory management, payroll, and other modules. Key features highlighted include fully integrated modules, lowest total cost of ownership, easy to use interface, specialized industry modules, simplified reporting, and support infrastructure. The core Sage Evolution system and additional modules that can be purchased are described.
This document provides an overview of the Sage Evolution ERP software solution. It describes Sage Evolution as a fully integrated business management application that brings together financials, CRM, inventory, and other operations. The document outlines key features of the core Sage Evolution system including accounting, sales, purchasing, inventory, and reporting. It also lists numerous add-on modules that can expand the functionality of the system for specific industries or business needs. Customer testimonials praise how Sage Evolution has improved operations and efficiency.
Similar to Comparison between various version of tally (20)
1. Brief Comparison between
various version of tally
Tally 4.5
Tally was started with is first version of Tally 4.5, which was a DOS
based program. This program was very light weight and very fast in
operation.
Tally 5.4
The next version was 5.4 which was graphic interface version. It
became popular in the masses. Its pirated copy made it most popular
accounting software.
Tally 6.3
Next version was tally 6.3 which was truly windows based version
which could support fast printing and with VAT implemented. Tally 6.3
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 Tally's policy of frequent upgrades and newer releases
does the trick.
2. Brief Comparison between various
version of tally(continued)
• Tally 7.2
Next version of Tally was Tally 7.2. 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 8.1
Tally 8.1 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 9
This 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.
3. TALLY 6.3 OVER OLDER VERSION
TALLY 5.1
• The Extended Enterprise System
• RELEASE 1 NEW FEATURES
• Release 1.1 new features
• Release 1.2 new features
• Release 1.9 NEW FEATURES
4. The Extended Enterprise System
The new Tally ees 6.3 comes with breakthroughs in
collaborative technology that extend your
company's 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.
5. NEW FEATURES RELEASE1
• New Features
• Reorder Levels
• Aged Stock Analysis
• Scenario Management
• TallyODBC
• E-capabilities
6. 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
7. 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. Tally's 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.
9. RELEASE 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
10. RELEASE 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. Tally's 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 7.2 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.
11. RELEASE 1 E-capabilities AND Release 1.1 new features
• E-capabilities
E-mail
Internet Publishing
Web-browser
• Release 1.1 new features
Optional Vouchers by default
Item Invoice & Account Invoice
Common Ledger A/c for Item Allocation
Credit Period details in Ledger Master
Use Defaults for Bill Allocation
Accept Supplementary Details
Single Entry Mode for Payment / Receipt /
Contra
12. Release 1.2 new features
• Printing documents (invoice, vouchers etc)
with currency decimal place in words (e.g.
Paise, pence, cents, etc)
• Tally Synchronization
• . Tally Modular -
• ALT+R and ALT+S usage in stock item
voucher register --
13. Release 1.9 NEW FEATURES
• Proxy Server Configuration
• A new configuration option has been added in
the F12: Configure menu.
14. Release 1.9
• Rejection In and Rejection Out
In Stock Vouchers sub-screen of Stock Item/Group 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.
• Synchronization
Modification 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.
15. Release 2.0
• VAT Enabled
Indian VAT enabled in Tally ees 6.3 release 2.0. If Use Accounting
Terminology of is set to India/Asia in F12: Configure > General, a
new option Use Indian VAT? appears in the company configuration
screen (Create/Alter). Once the same is set to YES, two new fields
are available in the Item Master to input the VAT & SAT Rate. Also
allows you to define the Type of Calculation as VAT/SAT in the
ledger master and Voucher class in order to automate the VAT
calculations in the invoice.
• Synchronization
Difficulty in synchronizing the data with Canceled vouchers – Resolved
• Profit and Loss A/c
Displays incorrect values (negative) for Sales bills to make - Resolved
16. Release 2.1
• 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.
• Import/Export 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 Synchronisation
• Insert Failure Voucher ID Error > Resolved
17. Release 3.14 - 3.15 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.
18. NEW FEATURES TALLY 7.2 OVER
OLDER VERSION TALLY 6.3
Release 1 New Features
Salient features of Tally VAT 1
VAT Computation screen
TDS in Tally ies 7.2
Single User Licensing ,Multi User Licensing
19. Release 1
• 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
complete Value Added Tax (VAT)
Tax Deducted at Source (TDS)
Licensing
• .
20. Release 1 Salient features of Tally VAT
• Salient features of Tally 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:
– Quick & easy setup
– Fast & error-free voucher entry
– Pre-defined list of sales & purchase classifications
– Complete tracking of each transaction till annual returns
– Printing of Tax invoice
– VAT computation report
– Better VAT-returns management
– Monthly Return
22. Release 1 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:
– Simple and User-friendly
– Quick and Easy to set up and use
– Partial/Full 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
24. Release 1--Single User Licensing ,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
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
25. NEW FEATURES OF TALLY 8.1 OVER
TALLY 7.2 :-
Release 1.0 new features
Release 1.0 Major Changes and Enhancements
Release 1.1 new features
26. Release 1.0 new features
• Tally 8.1 - A Multilingual Business Accounting &
Inventory Management Software provides
support for Fringe Benefit Tax computation
and VAT Composition returns generation in
addition to its language capabilities.
• New Features
• •Multilingual Support
• •Fringe Benefit Tax
• •VAT Composition Returns
• •Excise for Dealers
27. Release 1.0 new features
• Multilingual Support
Tally 8.1 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 choice…. 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.
It supports printing of excise invoice and generates the required statutory reports.
28. Release 1.0 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 7.2, 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 8.1 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 7.2
– In Tally 7.2, On Account values were taken into consideration
while calculating values for Due till today in Ratio Analysis.
– Tally 8.1 has resolved this and displays only the outstanding
values in Due till today. (for Sundry Debtors and Creditors)
29. Release 1.0 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 7.2, 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. 10,600.
– This has been resolved in the new Tally 8.1, which accurately displays the Avg.
Cost closing stock valuation in the balance sheet as Rs. 10,000.
• Pending Tracking number values were approximate, even
though quantities were accurate (causing few Paise difference
depending on context)
– Tally 7.2 used to display pending Delivery/Receipt with approximate values,
causing a small difference in the values.
– Tally 8.1 has resolved this and displays the pending Delivery/Receipt Notes
values accurately.
30. Release 1.1 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 A/c for Item Allocation is set to No.
• Synchronization of Altered Transactions Synchronization is
possible even when data migrated from Tally 7.2 consists
of cancelled vouchers.
• Cost Centre Class in Stock Journal In Tally 8.1 you cannot
select Cost centre class while creating Stock Journals as it is not
applicable.
• Migration The process of Migrating Data to Tally 8.1 is now
effectively enhanced.
• Migrating Currencies Multiple currencies can now be easily
migrated to Tally 8.1.
• Forex Gain Loss Calculations Tally 8.1 displays
accurate Debit and Credit amounts in the Ledger Forex Gain/Loss report
unlike Tally 7.2 in which Debit amounts were displayed asCredit and vice
versa.
31. NEW FEATURES OF TALLY 9 OVER
TALLY 8.1
Release 1.0 New Features
Release 1.1,Major Enhancements
Release 1.2 NEW FEATURES
Release 1.3 NEW FEATURES
Release 1.31 Enhancements
32. Release 1.0
• Tally 9 – The World’s Most Powerful Concurrent Multi-lingual Integrated Business
Accounting Software is now enhanced with major new capabilities like Payroll,
POS Invoicing, Service Tax for Malaysia, Sales Tax for Malaysia and VAT for
Indonesia besides numerous minor functional improvements in the product.
• New Features
•Payroll
•POS Invoicing
•Multilingual Support
•Statutory 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 salary/wages 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 Payslip four easy steps.
33. Release 1.0
• POS Invoicing
POS Invoicing in Tally is equipped with ease of use and
advanced capability to simplify your retail operations. It
efficiently automates the ‘check-out’ process, and allows
you to create invoices and collect payments from
customers, in a matter of moments.
• Multilingual Support
Tally 9 now provides the language interface support in;
Bahasa Melayu; and
Bahasa
Indonesia
.
34. Release 1.0
• 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
• and
• VAT for Indonesia.
35. Release 1.1,Major Enhancements
• New Attributes in Tally.ini
• Tally introduces three new attributes to the Tally.ini file.
•OptimizeNetwork
•LoadBuffering
•FlushFile
• 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
36. Release 1.1 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 Yes/No 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.
37. Release 1.2 NEW FEATURES
• Excise Opening Stock
• Calculation of Secondary Education Cess
• Calculation of CVD (On Import)
• Start of new Financial Year
• VAT Payment Vouchers – 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 Cash/Bank
• Tracking Consignee
38. Release 1.3 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 – 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.
39. Release 1.31
• TDS---Earlier making an advance payment to a party through the single entry mode would not
calculate the TDS amount. However, now the TDS amount appears appropriately.
• Mismatch in Credit and Debit Balances---Receipt vouchers created in the double entry mode
using foreign currency used to display a mismatch in Credit and Debit balances in the alteration
mode. The mismatch in balances has been resolved.
• Negative Stock Warning in Journal Voucher---
• Migrating € to Tally 9---Data migrated from Tally 7.2 used to display the Euro currency
symbol €, as a box in Tally 9. However, modifications done will successfully migrate € to Tally 9
now.
• Booking FBT Expenses---Corrections have been made in the Ledgers of FBT Category report to
display details of FBT expenses booked by means of a Memorandum voucher report.
• Price lists and Stock Items with Negative or Zero Balance
• UDF Value left Blank
• Excise stock duty details after data rewrite
• Migrating String UDF value specified under Voucher Object---Earlier, migrating data from Tally
7.2 to Tally 9 would not display the String UDF value specified under Voucher Object in Tally 9.
However, modifications have been done to ensure successful migration of the same.
• UDF Values specified under Company Object---Modifications have been done to ensure that
the values of String and Date UDFs specified under Company Object appear in Tally 9 on
migration from Tally 7.2.
40. Difference between Tally 9.1 & Tally.ERP 9?
• Auditor's role critical:--
A growing economy, widening tax net and
increasing compliance requirements make an
Auditor's role critical. For a Chartered Accountant
like yourself, this could mean time is at a
premium. Travel and people costs escalate by the
day. Manpower is in short supply. Instead of an
ideal level workload across the year, you have
short periods of intense work. You can turn all
this around. Presenting Tally.ERP 9 - Auditors'
Edition, a powerful tool exclusively for CAs.
41. Tally.ERP 9 - Auditors' Edition is a
great help for auditors:--
• Tally.ERP 9 - Auditors' Edition is designed to help you to
transform your practice and streamline your clients'
businesses.
– Working in conjunction with Tally.ERP 9 installed at your
clients' offices, this unrivalled product can increase audit
efficiency, reduce time and effort, increase opportunity by
adding new services to your portfolio, and more.
– The new remote capability to access clients data from
wherever you are - say directly from your office, and even
offer value-added services like Continuous Compliance...
are just some of the many opportunities available to you
via this unique product.
42. Highlights of Tally.ERP 9 – Auditors’
Edition:
Secure remote access to client data
At-a-glance dashboard showing voucher/ledger
correctness and verification status
Easy-to-spot-errors via exceptions
Special audit and compliance menus
Generate annexure for Tax Audit under Sec 44AB
43. Business Advisory Programme (BAP)
Business Advisory Programme (BAP)
A concerted initiative of your association - the
Institute of Chartered Accountants of India (ICAI) - the
BAP steers CAs towards increased opportunities and
earnings and expanded service portfolios.
Tally.ERP 9 - Auditors' Edition delivers powerful tools
to help you grow your practice - keeping the
objectives of the BAP Programme in mind.
44. Tally.ERP 9 - Overview
• You bank and pay utility bills from home, why
not do your business accounts? Or call up a
stock status report and print a copy from
wherever you are? Tally.ERP 9 has been
designed with you in mind. Powerful
connectivity makes information available with
your staff, CA and other professionals, round-
the-clock, in any place. It's also quick to install
and allows incremental implementation-a novel
capability that lets you activate just as many of
its functions when required, even across
locations.
45. Advantages of Tally.ERP 9:
Powerful remote capabilities that boost
collaboration
Easy to find qualified personnel
Easy to customize
Low cost of ownership via quick
implementation, Tally Integrator, Support
Centre…