How to create an Invoice with different rates in one Invoice in Tally 7.2, Tally 8.1 and Tally 9.0
- While altering an item press F-12 ( Specify default ledger allocation ( Set as (Yes)
- Create / Alter an Item (Inventory Masters)( Now you will find an option set/ modify defaults ledger allocation for invoice ( Set it as Yes (Yes)
- For Item under 12.5 % Now you Specify ledger allocation for sales ledger say 87.50 for vat 12.5% In the same manner for all item covered under 4 % VAT the ledgers say 96% for sales ledger and 4% vat
- Create a new Voucher Type (Accounts Information ( Voucher Type ( Create) under sales say eg., (multi tax sales ) under sales voucher.
- Vouches class as any name now you will find Exclude and include the groups. You can set as per requirement or can just set it as not applicable
- It will ask for sales ledger now select the sales ledger (any sales ledger ) as 100%
- Note now you will get an option “over ride item by defaults” set as yes.
- Accept the voucher and make sales entries under this voucher and check the same.
New Features in Tally 9
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.
Payroll It integrates with Accounting, to simplify Payroll processing and accounting and can be configured to suit the requirements of various types of organizations.
You can now align, automate and configure simple to complex payroll processes, Payslip Printing, Salary/wage, Attendance, Leave/Overtime Registers, 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 in four easy steps.
POS Invoicing POS in Tally is equipped with ease of use and advanced capability to simplify your retail operations. It has efficiently automated the Check-out process for your customers and you by allowing you to create invoices and to collect payment from your customers in seconds at the Point Of Sales.
Multilingual Support Tally 9 now provides the language interface support in Bahasa Melayu and Bahasa Indonesia.
Statutory and Taxation Tally 9 provides compliance for Service Tax – Malaysia Sales Tax – Malaysia and VAT for Indonesia.
Minor Enhancements in Tally 9 Display of TDS Bifurcations The TDS bifurcations are displayed when you book expenses for amounts in crores.
Display of Bank Reconciliation Date in Form 16A Form 16A displays the Bank reconciliation date
Gridlines in Printed Price List Tally 9 prints price list with Grid lines…….When printed, all pages of the Price list will appear with Gridlines.
Cost Centres with Scenario Scenarios can be viewed in the Cost Centre Break up report. For example: Pass a reversing Journal for a Cost Centre. Create a scenario and include the reversing journal.
Go to Gateway of Tally > Display > Statement of Accounts > Cost Centres > Cost Centre Break-up
Select the cost centre from the list and press Alt + C (new column). Select the Type of Value (Scenario) and set Show variance to Yes to view details of its variance.
Stock Item with different rates in Invoice When a stock item is repeated in an order with different rates, values and additional descriptions, the invoice displays them individually in separate lines.
Negative Quantity Warning During invoice entry, the negative quantity warning is provided not just on the total closing quantity of an item but also on the quantity of a selected batch / Godown / Location of that item.
Exclusion of Groups for Payment and Receipt Vouchers While creating a class for Payment/Receipt Vouchers, you can exclude groups under the section Exclude these Groups to prevent them from appearing during Voucher Entry.
Sundry Debtors and Sundry Creditors are not included in the Exclude list.
Report Title in Multi-Account Printing To display Group Name as a report title when using the Multi Account printing option:
Go to Gateway of Tally > Multi Account printing > Account Books > Ledger > Group of Accounts
Select the required Group.
Display of Credit Days
While passing a Purchase entry in voucher mode, the number of credit days specified in due date displays in the Voucher under credit days.
Altering Single Groups in Multi Group Alteration Mode You can alter a Single Group in Multi Group alteration mode.
Altering a Forex Purchase Transaction When altering a Purchase invoice of a Forex transaction with Use Common Ledger A/c for Item Allocation set to Yes in F12: Configure, the item allocation sub screen retains the currency selected.
Display of Surcharge in Credit Note The Surcharge paid on TCS is displayed in the Credit Note.
Period-wise VAT Forms Enhanced memory makes it possible to open VAT Forms for any period, including the fourth quarter.
Order of Ledgers in Purchase Invoice Set Use Common Ledger A/c for Item Allocation and Accept Supplementary Details to Yes in F12: Configure to retain the order of additional ledgers entered in a purchase invoice even when you are in the alteration mode.
Invoice against the Sales Orders with Additional Ledgers You can now enter an invoice with Use Common Ledger A/c for Item Allocation set to Yes in F12: Configure against the sales order with additional ledgers.
Purchase Vouchers All Purchase vouchers with/without VAT selected or a Purchase Voucher type with Print after Saving Voucher set to Yes are error-free after they are saved.
Staggered Delivery In Tally 9, an order containing different due dates can be tracked using single delivery note.
Interest on Loans to Sundry Debtors/Creditors Interest received on loan given to Sundry Debtors or Creditors is accounted with a Debit Note/Credit Note using a Voucher Class. The Interest Receivable report displays only the pending interest receivable and not the ones for which Debit Note/Credit Note have been raised.
Period in TR-6 Challan Tally 9 provides you the option of specifying the period for Service Tax payable which is captured in the TR-6 Challan.
Setting Off Excise Duty Credit against Service Tax Payable Tally 9 allows you to set off Excise duty credit against Service tax payable. This excise duty credit can be availed for inputs as well as for capital goods.
Display of Date of Deposit/Payment in Form 16A After TDS Reconciliation in Tally 9, the date of Deposit/Payment is appropriately displayed in the TDS Form 16A.
Inclusion of New ST3 Form Tally 9 includes the new ST3 Form of Service Tax.
TCS Surcharge Rounding Off The TCS surcharge rounding off is accurately displayed in Tally 9
Printing Cheques in foreign currency (this is an significant enhancement) Tally 9 allows you to print a Cheque in a foreign currency for a bank created using that foreign currency.
Go to F12: Configuration > Printing > Payment Voucher. Set Print Foreign Currency Symbol to Yes.
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 is now displayed at a greatly enhanced speed.
Display of VAT Return report The VAT Return report is now displayed at a greatly enhanced speed.
Export of E-TDS report The E-TDS report can be exported at a greatly enhanced speed.
Important tasks to be performed by existing customers Statutory Compliance for Users who have upgraded from Tally 8.1 to Tally 9, have to select the country from the List of Countries at the Statutory compliance for field to enable the statutory features of the required country in Tally 9.
Go to Gateway of Tally > Cmp Info (Alt + F3) > Alter
Using TCPs migrated to Tally 8.1 in Tally 9 If you work on Tally 9 with TCPs migrated from Tally 7.2 to Tally 8.1, Tally 9 will rewrite the format of the TCP and will create a backup file for the TCP with an extension .BAK.
For example, the Emp.tcp migrated to Tally 8.1 will appear as Emp9.tcp and when the same is loaded on Tally 9, the backup file created will appear as Emp9.tcp.BAK.
You can use the TCP in Tally 8.1 by removing the extension .BAK.
Budgets in Tally 9 Budgets created for different periods in Tally 8.1 are clubbed in the First budget period itself after migration of Tally 8.1 data to Tally 9. Hence, it is advised that users manually recreate the budget in Tally 9 after migration to avoid possible loss of data.
Did you know …?
Consider that more than one company is loaded (selected) in Tally (e.g., TSPL (HO) and ABC & Company). Assuming the user is in the voucher entry screen of TSPL (HO), but wants to pass a payment voucher for ABC & Company; Tally provides the flexibility to do so from the voucher screen itself
Press F3:Company and from the List of companies, select ABC & Company to change to Current Company and press Enter.
The voucher screen displays ABC & Company now select the ledgers and when saved, it is updated in ABC & Company.
After saving the voucher, Tally returns to TSPL (HO) voucher entry screen.
Note: Using this feature in Tally, the user can copy (export) a voucher to another company, or copy the voucher and alter the information in the destination company. The master from within the voucher can also be copied to the new company. Use Ctrl + Enter to bring up the ledger alteration (secondary) screen.
Presenting Tally 9
Tally 9 – THE WORLD’S MOST POWERFUL CONCURRENT MULTI-LINGUAL INTEGRATED BUSINESS ACCOUNTING SOFTWARE is now available
The revolutionary Tally Business Accounting software with concurrent multi-lingual capability has now been enhanced to offer far superior performance.
This greatly improved performance and stability in Tally 9 is the result of a remarkable amount of re-engineering. What’s more, Tally 9 now comes with advanced Payroll and POS Invoicing capability and several minor functional augmentations.
So, while Tally 9 has multiple features and functionalities, it is without a doubt, more powerful than ever before. Apart from helping you increase productivity and reducing costs, Tally 9 offers the following unique benefits:
Concurrent Multi-lingual Capability
Operate in any language* of your choice, concurrently – this means that you can enter accounts in the language of your choice, view reports in another language and print them in yet another language, at the same time
Enter data using normal keyboards with Tally phonetic keyboard support
Provides transliteration support for Indic family of languages.
* Currently, language support is available in 13 languages (Indian and international). Support for many more languages will be available shortly.
Enhanced Payroll Management that includes:
Capturing of employee related information like general employee details, payment details, statutory details, Passport and Visa details and contract information
Multiple methods for calculation of salaries
Auto-generation of payslips including multiple payslip printing
Tracking of loans and advances
Calculation of PF and Gratuity
Support for expatriate employee processing and generation of expiry reports
Invoice printing on 40 column paper in continuous mode
Faster data entry and calculation
Barcode support, batch support, multi-mode payment
Integration with accounts and inventory
Statutory & Taxation
Sales Tax and Service Tax compliance for Malaysia
VAT Compliance for Indonesia
GST Compliance for Singapore
Besides numerous enhancements for Indian tax compliances.
Tally 9 is the ultimate business solution, designed to meet the growing needs of your business. When you use Tally 9, you will see clear business benefits accrue right from the start. The following are the powerful advantages that you can enjoy with this versatile and robust solution: Expand your business – with the concurrent multi-lingual capability and multi-currency features that allow you to transact beyond geographical boundaries, without language barriers
No need to hire specialised resources – since Tally 9 is very simple to learn and the easy interface enables you to navigate the software without difficulty
Blazing Speed – provides you with the information you want – FAST
Unmatched Scaleability –Tally 9 adapts to the current and future needs of your business, irrespective of its size or style
Sheer Power – Tally 9 has the ability to handle huge volumes of transactions without compromising on speed or efficiency
Real-time access to information – enables quick decisions through fast and easy sharing of data from Tally
Better cash flow and savings on interest – by using the ‘receivables and payables’ management feature, to help you ensure on-time collections and generate reminder letters
Amazing Accuracy – Tally 9 provides user-definable templates for fast, accurate data entry
Manage your future dealings with bad debtors and persistent defaulters – using the payment performance of debtors feature, to identify them
Faster and error-free invoicing and data entry – using the multiple price levels feature to pre-define item rates for specific categories of customers
Identify products with high or low margins – with the profitability analysis feature, that provides you with product-wise and invoice-wise profitability
Avoid stocking excess items and ensure that you don’t run out of essential stock – by using the reorder feature, to set reorder levels for any given period
Better planning and dramatic improvement in co-ordination of your operations with reduced paperwork – as a result of using the integration across functions feature
Reduce costs and increase productivity – using features such as inventory management, receivables and payables management etc.
Accurate information tracking, quicker data entry and retrieval – thanks to the integrated system that ensures real-time linking of accounts and inventory
Get a better understanding and analysis of performance levels for various periods and divisions – with the advanced MIS feature
Enjoy better planning and forecasting – using sophisticated analytical tools that help you forecast and examine possible scenarios, and give you the ability to view provisional reports
Save time and reduce paperwork – by automating your Payroll process with the Payroll Feature in Tally 9
Presenting Tally 9 – The world’s most powerful concurrent multi-lingual integrated business accounting software
As your business grows and transcends state and international borders, you need a business accounting software that keeps pace with your complex business demands and simplifies growth. The software you choose must offer you greater speed, power and reliability, besides having the ability to adapt quickly to your business.Tally 9 was
engineered to effectively fulfill these needs and help overcome the challenges of a growing business.
Designed for unmatched speed, power, scaleability and reliability Powered by Tally’s path-breaking proprietary technology – C:MuLate (Concurrent Multi-lingual Accelerated Technology Engine) – Tally 9 is the result of a perfect fusion between the Concurrent Multi-lingual Platform and Object Oriented Database Engine. This technology is what ensures the blazing speed, power, scaleability and world-class reliability that Tally 9 promises.
Features that will empower your businessThe dynamic features and MIS capabilities in Tally 9 are designed to simplify your business operations, while giving you complete control over your accounting, inventory and statutory processes. Multi-lingual and data synchronisation capabilities, allow you to transact business without language barriers or geographical boundaries.
Tally 9 is very simple to learn and even easier to use. And the advantages of using this robust product are apparent from the start. To learn more about how Tally 9 can enhance your productivity and profitability, do look through the features and benefits.
Cost Centre & Financial Ledgers
If the features Cost Centres are enabled, after financial ledgers have been created then by default, the feature will be enabled for all revenue ledgers. If you do not require the Cost Centre allocation for a particular ledger, use the Ledger Alteration mode to deactivate the same.
Go to Gateway of Tally > Accounts Info > Ledgers > Alter
Set Cost centre to No. The Cost centre sub allocation screen will not appear every time the ledger is used in transaction.
google_ad_client = “pub-6277967771689262″;
google_ad_width = 468;
google_ad_height = 60;
google_ad_format = “468x60_as”;
google_ad_type = “text_image”;
google_ad_channel = “3381616185”;