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.

TALLY 7.2

Next version of Tally was Tally 7.2. It was also fast version with lots fo new

feature like statutory compliant versions. Different VAT rules for different states

was achieved with this version. Tally 8.1Tally 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.

DETAILED COMPARISION BETWEEN VARIOUS VERSIONS

OF TALLY

NEW FEATURES TALLY 6.3 OVER OLDER VERSION TALLY 5.1

NEW FEATURES OF 6.3

RELEASE 1

The Extended Enterprise SystemThe 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.

NEW FEATURES

Reorder Levels

Aged Stock Analysis

Scenario Management

TallyODBCE-capabilities

REORDER 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

LevelsObtain Reorder Status and Quantities to orderAlter Reorder Levels and

minimum quantities

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.

SCENARIO 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 VouchersMemorandum VouchersReversing Journals

TALLY 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 Tally Experts 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.

NEW FEATURES OF 6.3RELEASE 1

E-capabilities Tally has extensive internet capabilities. E-mail, Web-publishing

and data interchange over the Internet are all easily achieved from within Tally.

Pre-requisites to using E-capabilities of Tally: You should have an internet

connection accessible from your computer. This could be through a direct dial-up

modem or through the network. For E-mail - an E-mail account. For Web

Publishing - you should know the sites URL (address) and have authority to upload

files on the sites.

E-mail

Internet Publishing

Web-browser

E-MAIL

Send Invoices to your customer by e-mail. Or your purchase order. In fact, e-mail

any Tally report or document as easily as you print! Even Reminder letters and

statement of accounts need not be printed and posted. Simply e-mail them. E-mail

is the single largest use of the Internet and is set to penetrate even the very small

towns. You are uniquely positioned to take advantage of this medium. It is not only

postage cost that you save, you save on so much of your valuable time.

INTERNET PUBLISHING

Websites – most businesses will have one in the near future. Tally helps make

commercial use of your web space with the ability to publish all reports and

documents on your website. For this purpose, it creates reports in the web-

language HTML that Tally directly put on your website. You can use this feature

to inform customers the new price-range and stocks available for sale. Tally has

ensured that this transmission of data is secure by using world-standard encryption

of data.

WEB BROWSER

You have a button to access the World Wide Web from Tally. Click on the button

Web Browser to begin your session. When you want to end it, press End Browser.

Of course, you should have a valid internet access account set up on your computer

and a browser that is already installed.

NEW FEATURES OF 6.3

RELEASE 1.1

GATEWAY OF TALLY

The Gateway of Tally displays as Masters, Transactions and Reports. This is

primarily for ease of use! Optional Vouchers by default This is one of the methods

to improve internal control. You can mark the default voucher types as "optional

by default". All entries made using the voucher type will automatically display the

optional tag. Accounts Info > Voucher Type > Alter > select Tally's default

voucher type and activate the option Mark Optional as default. These entries can

be accessed from the Optional Voucher Register to be regularized later at will.

ITEM INVOICE & ACCOUNT INVOICE

Account Invoice enables you to select ledger accounts such as Service Charges, etc

- in the invoice. Stock Item details can be invoiced using the Item Invoice.

Common Ledger A/c for Item Allocation A facility to select the accounting

allocations once at the time of raising sales and purchase invoices, delivery notes

or orders. This is useful if the same sales or purchase account is being selected for

every item in the invoice. Enables faster data entry!

CREDIT PERIOD DETAILS IN LEDGER MASTER

For the ledgers under Sundry Debtors and Creditors, the credit period can be given

in the Master which will be automatically considered at the timeUse Defaults for

Bill AllocationAllows you to skip the Bill-wise Details screen at the time of

invoice entry. The reference is automatically taken as New Reference; voucher

number taken as Bill Name; Credit Period from the Ledger Master. Enables faster

data entry!

ACCEPT SUPPLEMENTARY DETAILS

You can disable the sub-screen showing dispatch and address details in the invoice

by activating this option in F12: Configure (on the Invoice).Single Entry Mode for

Payment / Receipt / ContraAllows you to enter Payment, Receipt and Contra

vouchers in single entry Mode. Activate this option in F12: Configure > Voucher

Entry.

RELEASE 1.2

NEW FEATURES

PRINTING DOCUMENTS

(invoice, vouchers etc) with currency decimal place in words (e.g. Paise, pence,

cents, etc)In the Company creation/alteration screen, an additional field displaying

the name of the currency decimal is available. The Currency decimals will print in

words (in the documents) based on the name given. However, if the same is left

blank, Tally prints the currency decimals in numbers (as in earlier releases).Pre

allocate bills for payment/receipt voucher in single entry andGateway of Tally >

F12: Configure > Voucher Entry > Pre-allocate Bills for Payment/Receipt >set to

YES - this allows you to set off against the bills, before specifying the amount in

Payment and Receipt entries.

TALLYSYNCHRONIZATION

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 provides complete control over the

frequency of replication. If the user is connected on a leased line, he can choose to

replicate after every transaction entry. If the user is not connected on a leased line,

he can post his updates at specific intervals. Synchronization is both ways - i.e., all

data from the client company goes to the server and all data from the server

company gets copied to the client company. After the synchronization has been set

up, replicating data between the locations is a single click activity. To replicate, the

user at the client needs to select - Gateway of Tally -> Import Transactions ->

Synchronization -> Synchronize. Tally connects to the server, finds out the status

of the last transfer (if any) and exchanges the incremental data that was entered

after the last transfer. Tally also takes care of creating all masters required to save

the transaction on the target machine (This will work with TallyServer and

TallyClient capabilities

TALLY MODULAR

Tally is now available in modules. Information on the modules that can be

activated is available in Functions and Features(Gateway of Tally > F12:

Configure). For example, enabling TallyServer and TallyClient capabilities for

Synchronization

RELEASE 1.8

ALT+R AND ALT+S USAGE IN STOCK ITEM VOUCHER REGISTER

The ALT+S takes you to the alteration of the stock item master and does not bring

back the removed line (using ALT+R). This is due to the reason that we have

ALT+S for Stock Alter also in that screen – now corrected and provided CTRL+S:

Stock Alter for alteration of stock item master.Voucher register exported in

HTMLVoucher register exported in HTML format does not export voucher

number column – now corrected.Additional description for stock items in

credit/debit notes The same is provided in release 1.8.

DATE AND TIME OF REMOVAL IN SALES INVOICE

Sales invoice with excise format and tracked against a sales order – carries the date

of the order in the printout for the option date and time of removal and date and

time of invoice – now corrected. This correction would work only for sales orders

entered with this release. If you enter ONLY an invoice in the new release, and

link a SO entered using previous releases, the difficulty will persist.The purchase

order details are not printed in Receipt Note The option for activating the same is

provided in F12: Configure of the print screen.During Sync, the server should send

one voucher at a time if "Sync over Slow Connection" is set to YES in the Client

RuleCorrectedSync does not work if Proxy Authentication is required at the client

Now correctedUnable to handshake with the Mail Server message while sending

emailsResolved.

RELEASE 1.9

PROXY SERVER CONFIGURATION

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 TallyServer through a proxy server then proxy server details

must be provided in this option. Tally no longer depends on Internet Explorer for

proxy settings.

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.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.

RELEASE 2.0VAT ENABLED

Indian VAT enabled in Tally 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.Print PreviewOption to zoom Print Preview added. Click on zoom or use

ALT + Z.SynchronizationDifficulty in synchronizing the data with Canceled

vouchers – ResolvedProfit and Loss A/cDisplays incorrect values (negative) for

Sales bills to make - Resolved

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.

TallyConnected customers can synchronize their data using the Tally Link

Server.Import/Export Snapshot Helpful to setup synchronisation when both the

companies participating in synchronization have large no. of transactionsAbility to

Import any XML files of any sizeThere was a limitation on the size of data that can

be imported in a single batch in earlier releases, now resolved.Option to compress

data during SynchronisationThis increases the speed of synchronization and as the

amount of data to be transferred decreases significantly.Insert Failure Voucher ID

Error > ResolvedMinor Facilities & Corrections:

RELEASE 3.11

Following corrections have been done in release 3.11 build 4Additional text

facility is not available while emailing from print preview screen. The same needs

to be provided so that remarks/note can be typed in along with email. However,

this facility is available while emailing directly.Enter a cash sales invoiceAfter

selecting the cash ledger, enter the consignee address manually and save the

voucherAlter the voucher and press enter key > the address details will get

overwritten with the address in the ledger master (in this case blank)

RELEASE 3.13

Minor facilities and Corrections:Provision for providing the Starting Number under

"Restart Numbering" option available in voucher type.This facility allows you to

specify multiple starting number, period wise, within a single voucher type for

"Automatic" method of voucher numbering.E.g.: If you wish to start sales voucher

from 100 every month, Go to Accounts Info > Voucher Type > Alter > Sales >

define "Method of Voucher Numbering" as 'Automatic' > this will allow you to

specify 'Starting Number' under the option "Restart Numbering". Here you may

specify the Applicable from date, specify the starting number as "100" and choose

'Monthly' for "Particulars".Proxy Configuration support for SoftLock

Version:Proxy configuration was disabled if Tally Client/Server is not active. Now

for SoftLock Version of Tally it is always enabled.Maintain Balances Bill-by-bill

and Inventory Values are affected for a ledger:In ledger master enabling of both

'Maintain balances bill-by-bill' and 'Inventory values are affected' is not possible >

Resolved.Additional Text while emailing from print preview is not available >

Resolved

FEATURES

FOR ACCTS ONLY COMPANYDISPLAYS AND ALLOWS YOU TO

ALTER THE FOLLOWING INVENTORY FEATURES IN AN ACCOUNTS

ONLY COMPANY:

Separate Discount Column in Invoices -This is not required as Invoicing is not

possible in case of accts only company > ResolvedAllow Sales Order Processing -

This is an Inventory Transaction > ResolvedAllow Purchase Order Processing -

This is an Inventory Transaction > ResolvedError while Syncing - "Cannot alter

Units of item!(FOR OBJECT....If the Stock item is created with Alternate units

and the conversion rate provided has more decimal places than that of the UOM

Master. The conversion rate stored in the data base is up to 5 decimal places and

the item master stores up to 4 decimal places, after upward/downward rounding

off. Sync fails with above error.Sync will fail if the conversion rate is 0.02575

(rounds off to 0.0258 in the stock item master) and will not fail if incase of

0.033333... (rounds off to 0.0333) > Resolved.Client Rule Use Compression is

always shown as 'Yes'Create a Client Rule with NO for the Option "Use

Compression" and save. It is noted that the option is changed to YES automatically

in alteration mode, i.e., the setting NO for the Option "Use Compression" is not

saved > Resolved.Sales invoice with consignee/buyer details manually typed for

every invoice is not retained. Ex: Cash Sales > Resolved

BUDGETS AND SCENARIO

Create a Budget and Go to Accounts Info > Scenario > it is noted that the Alter key

is enabled even though no scenario is created > ResolvedThe same case occurs if

scenario is created and Budget is not created. The Alter key gets enabled in Budget

master screen > ResolvedList of Accounts > Budget, will not show Tree wise

Budget if any > ResolvedList of Accounts > Budget, Ctrl + Enter Key for Altering

budget is not working > ResolvedNo option to see scenarios in List Of accounts >

ResolvedCreate a Budget under an existing Budget. Tally allows you to delete the

parent budget > ResolvedWhen Altering Budget same Budget is also shown in

parent list > ResolvedFrom List of accounts > Budgets and Scenarios > the

Scenarios and Budgets are getting mixed or listed in alphabetical order > should

display all the Budgets first then the scenarios or visa-versa > ResolvedMulti-

Account Printing with preview > The print job is sent to printer and starts printing

in-spite of canceling the print process from Print Preview of Multi Account

Printing > Resolved

RELEASE 3.14 - 3.15

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 7.2 OVER OLDER VERSION TALLY

6.3

Release 1Integrated Enterprise SolutionTally 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

Value Added Tax (VAT)

Tax Deducted at Source (TDS) Licensing .

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

classificationsComplete tracking of each transaction till annual returnsPrinting of

Tax invoiceVAT computation reportBetter VAT-returns managementMonthly

Return

TDS IN TALLY IES 7.2TDS (TAX DEDUCTED AT SOURCE)

in Tally 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 7.2The TDS functionality in

Tally 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 report 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

Tally (integrated enterprise solution) 7.2 provides you with two specialized

features:

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 8.1 OVER TALLY 7.2

RELEASE 1.0TALLY 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

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!

With Tally 8.1 capture multiple language-specific aliases for all Masters and print

Reports, Vouchers and Invoices in the language of your choice. What’s more,

Tally 8.1 supports transliteration of data for Indic family of languages.

FRINGE BENEFIT TAXFBT (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.

ENHANCED FUNCTIONALITIES AND FEATURES IN TALLY 8.1

Tally 8.1 is performance driven. Its enhanced features include

Language directory

Ability to restore Tally 7.2 data within minutes

Easy import and export of data

User interface colours that are even more pleasing to the eye

Speed of operation with extensive reduction of the Stat.900 file size

Choice of multilingual options

Multi-language printing options

Ability to copy text from Tally to windows and vice versa

Miscellaneous features

LANGUAGE DIRECTORY

Language files (.dct) reside in the Language Directory. Specify this path at the time

of installation or in the Tally.ini file. To change the Language directory path in the

Tally. Open Tally.ini file from the Tally installed folder. Enter the path where the

language files are present. Save and close the file.

RESTORE PROCESS OF 7.2 DATA

Tally 8.1 does not recognise Tally 7.2 data backup files. You can restore Tally 7.2

data by clicking the tally72migration icon in the Tally 8.1 folder. Specify the

destination and source files in Select Companies to Restore. The Migrate Data

option completes the process. The 4 digit number 7.2 number is prefixed by 0,

making it a 5 digit 8.1-compatible number. Refer to Restore 7.2 backup in Tally

Data Migration tool section for more details.

IMPORT OF MASTERS AND VOUCHERS

Tally now supports only the XML format to import Masters and Vouchers. Export

If you select Multilingual from the language list during export, then Tally allows

you to Export in three formats - ASCII (Comma-delimited), HTML (Web-

publishing) and XML (Data-interchange).If you select English from the language

list, then Tally allows you to Export in two formats - ASCII (Comma-delimited)

and XML (Data-interchange).Note: By default, Tally does not support SDF format.

However, if you wish to use the SDF format, you can download

theSDFExportImport.TCP utility from the Tally website.Stat.900Tally 8.1 has now

been enhanced with features that speed up your operations. The Stat.900 file size

has now reduced extensively. This improves the performing speed while creating

or importing a company

COLORS

The user interface has now changed to more appealing colours aimed at enhancing

your use of Tally. By default, Tally 8.1 screens display in a new colour as the

colour quality is set to Highest (32 bit). However, to retain the usual display of

Tally:Go to Desktop > Display properties> Settings > Set the Color quality to

Medium (16 bit) > Restart Tally Tally’s Phonetic Keyboards Tally’s Phonetic

keyboard is useful for those who speak the language but do not know how to type

it using the operating system keyboard. It is user friendly with the same layout as

that of the English characters. You can spell the term based on its sound and the

data is transliterated in the language selected.

Print languageYou can print documents and reports in the language of your choice

in Tally. For instance, while printing the following voucher, select Alt+ L to bring

up the Print Language Configuration prompt.

MAJOR CHANGES AND ENHANCEMENTS

There may be minor variation in reports during migration of data from Tally 7.2 to

Tally 8.1 due to the changes listed below: LIFO and FIFO valuation method Sales

and Purchase vouchers passed on a single day now display in the Stock vouchers

report in the order of their entry thus ensuring effective functioning of LIFO and

FIFO Stock valuation methods. For example, In Tally 7.2, A purchase invoice

followed by a sales invoice and then again a purchase invoice will display in the

stock vouchers report with all the sales entries listed first followed by all the

purchase entries. Tally 8.1, however, displays the vouchers in the order of their

entry –Purchase – Sales – Purchase. 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

MISCELLANEOUS CHANGES AND ENHANCEMENTS

Tally save.dat file The Tally save .dat file in the tally folder is now Tally save .tsf.

Tally_req.slk and Tally_resp.slk files The tally_req.slk file, which is generated

while activating the Tally license, is now tally_req.lic. Similarly, the tally_resp.slk

file, which is generated as a response from the Tally Internet Services server, is

now tally_resp.lic. Tally Data files The Tally 8.1 data file now consists of 5 digits.

The numbering of a company created in Tally 8.1 starts with 10000. Additional

companies created will be suffixed with 10001, 10002, 10003 and so on. However,

when you migrate Tally 7.2 data to Tally 8.1, the 4 digit-data file in the 7.2 folder

is converted to a 5 digit-data file with 0 prefixed. Example: 00001, 00002 and so

on…..

LOADING ICON

The Tally Clock is now replaced with the Windows Wait icon Close Button To

quit any Tally screen, you now have an option apart from the Esc key on the

keyboard. The following button displays on the right of every screen in Tally.

Click the Close button to quit the current screen. Copying Text From Tally to

Windows Copying text to and from Tally to Windows is now a simple process.

Use Ctrl+Alt+C to copy text from Tally and Ctrl+Alt+V to paste text into Tally.

RELEASE 1.1

E-MAIL AUTHENTICATION

While mailing reports in Tally, the E-Mail Server now accepts the Authentication

User Name and Password. 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 as Credit and vice versa.

NEW FEATURES OF TALLY 9 OVER TALLY 8.1

RELEASE 1.0TALLY 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

1. Payroll

2. POS Invoicing

3. Multilingual Support

4. 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 Pay slip four easy steps.

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

supportin Bahasa Melayu and Bahasa Indonesia.

STATUTORY COMPLIANCE AND TAXATION

Tally 9nowprovides 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.

MINOR ENHANCEMENTS IN TALLY 9

Display of TDS Bifurcations Display of Bank Reconciliation Date in Form

16AGridlines in Printed Price List Cost Centres with Scenario Stock Item with

Different Rates in Invoice Negative Quantity Warning Exclusion of Groups for

Payment and Receipt Vouchers Report Title in Multi Account Printing Display of

Credit Days Altering Single Groups in Multi Group Alteration Mode Altering a

Forex Purchase Transaction Display of Surcharge in Credit Note Period-wise VAT

Forms

PERFORMANCE ENHANCEMENTS

Import of Statutory Masters The speed at which Statutory Masters can be imported

has been greatly enhanced. Display of VAT Computation Report The VAT

Computation Report now displays at a greatly enhanced speed. Display of VAT

Return Report The VAT Return Report now displays at a greatly enhanced speed.

Export of E-TDS Report The E-TDS Report can be exported at a greatly enhanced

speed.

RELEASE 1.1

MAJOR ENHANCEMENTS

New Attributes in Tally. Tally introduces three new attributes to the Tally

1. Optimize Network

2. Load Buffering

3. Flush File Download

MINOR ENHANCEMENTS

Show Godown-wise Details Display of Date and Buyer Name in Sales Sub-form

Budget Calculation of Cess in an Excise Purchase entry Contact details in

Outstanding Statement The printout from Multi Account Printing of an

Outstanding statement for a group (such as Sundry Debtors) will display the

contact details for each debtor from whom bill amounts are pending. Total Invoice

Value in UK VAT The Total Invoice amount of a sales voucher passed in the

Invoice mode displays in the column Total Invoice Value of the UK VAT Analysis

Output Details Report. Tax Invoice for Indonesia

RELEASE 1.

FEATURES

Excise Opening Stock Tally allows you to record the Opening Stock Balance of

Excise Stock Items. Refer to Excise for Dealers for more details on Creating an

Excise Opening Stock. Calculation of Secondary Education Cess With effect from

1st April, 2007, Secondary Education Cess displays accurate values when selected

with other Types of Duties such as TDS, TCS, FBT and Service Tax. Calculation

of CVD (On Import)Tally calculates CVD (On Import) on (Assessable Value +

BED) appropriately in accordance with legal requirements. Start of new Financial

Year Tally displays a warning Change in Date may cause loss of Data if the

financial year is altered in the Company Alteration screen.VAT Payment Vouchers

– For India Only You can record details such as Payment period, Challan No. and

so on, for each transaction while creating the VAT Payment vouchers.VAT

Declaration in Excise Sales Invoice Tally displays a VAT Declaration in the Print

Preview of an Excise Sales Invoice that has utilized VAT ledgers. Education Cess

on CVD in Excise Sales Invoice Tally now calculates Education Cess on CVD in

an Excise Invoice. Duty Heads for Customs and Excise Select the appropriate Duty

Head for Excise fro

MAJOR ENHANCEMENTS

Speed of Data Transfer Tally now facilitates faster report generation. Pending

Purchase Order While entering a Purchase Voucher against a Purchase Order with

different delivery schedules, the Item Allocations sub screen displays only the

Pending Purchase Order quantities. List of Delivery Note Vouchers Press F12:

Value and enter the appropriate Range of Information in Report to view vouchers

in the required format at the List of Delivery Note Vouchers report which is

available in Statistics in Statement of Accounts. Excise for Dealers Self Importer

details in Excise Tally now displays the Self Importer details in the Excise Sales

Invoice. Printout of an Excise Sales Invoice Tally allows you to print the Excise

Sales Invoice with three stock items and three different tax ledgers on a single

page. Name and Address of Self Importer The print preview of the Excise Stock

Register and Purchase Bill Register report includes the Name and Address of the

Self Importer. POS Editing a Cancelled POS Invoice You can edit a cancelled

Single Pymt/Multi Mode Pymt POS Invoice and re-enter the Invoice.POS Invoice

Printing Set the option Print Batch Details to Yes in the POS Invoice Printing

Configuration to print batch details in the POS Invoice. Service Tax Sales Voucher

Class You can use Voucher classes to create Sales invoices for Service Tax.

Switching the Service Tax Invoice to Voucher Mode You can now toggle from

Invoice mode to Voucher mode using the Ctrl+V keys in the Service tax voucher.

DIFFERENCE BETWEEN TALLY 9.1 & TALLY. ERP 9?

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.

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.

HIGHLIGHTS OF TALLY.ERP 9 – AUDITORS’ EDITION:

1. Secure remote access to client data

2. At-a-glance dashboard showing voucher/ledger correctness and verification

status

3. Easy-to-spot-errors via exceptions

4. Special audit and compliance menus

5. Generate annexure for Tax Audit under Sec 44AB

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.

ADVANTAGES OF TALLY.ERP 9

1. Powerful remote capabilities that boost collaboration

2. Easy to find qualified personnel

3. Easy to customize

4. Low cost of ownership via quick implementation