Tally 9 Help and Information

How do I use Tally’s phonetic keyboard to type in Hindi Language? In Tally.ERP9

To use Tally.ERP 9 in Hindi using phonetic keyboard, follow the steps shown:

Start Tally.ERP 9
From the Company Info menu or Gateway of Tally, press Alt + G or click G: Language

The Language Configuration screen appears as shown:

Select Hindi from the List of Languages and press Enter.

The Gateway of Tally appears as shown:

The ledger creation screen with party name in Hindi and English language appears as shown:

Key Combinations for Hindi

The following are the Key Combinations for Hindi:

Vowel Signs

Symbols

Special / Accent Keys

Tags: configuration screen, Tally ERP 9, english language, accent keys, signs symbols, vowel signs, phonetic keyboard

May 06, 2012 | By: admin | No Comments

Financial Ratios and other Ratios in Tally.ERP 9

Principal Ratios

These should be compared to industry averages, as well as for other periods to assess the current period”s performance.

Working Capital Turnover

Sales/Working Capital

This is an activity or efficiency ratio that shows the number of times the working capital has been rolled over during the period of the report. It depicts how effectively the firm is using its working capital.

Inventory Turnover

Sales/Closing Stock

This is an activity or efficiency ratio that shows the number of times stocks has been rolled over during the period of the report. It depicts how effectively the firm is using its inventories.

Current Ratio

Current Assets:Current Liabilities

This is a liquidity or solvency ratio and is the most often used ratio for assessing the capability of a firm in meeting it’s short-term obligations. It specifically shows a firm”s ability to cover its current assets with current liabilities.

Quick Ratio

Current Assets-Stock in Hand : Current Liabilities

The liquidity or solvency ratio is also called the Acid-Test Ratio that concentrates on the liquidity of the current assets to measure a firm”s ability to meet its current obligations. It is thought that stocks and inventories are the least liquid of all current assets and hence a firm might become insolvent, if its current assets comprises of a high proportion of inventories.

Debt-Equity Ratio

Loans (Liability: Capital+Net Profit)

This is a gearing ratio that shows the extent to which long-term debt is used to finance the firm. It shows the proportion of borrowed funds to “Owners” Equity. The lower the ratio, the higher the amount of funds invested by the owners. If the ratio is high, it indicates that borrowed funds are more than own funds which lowers the firm’s credit-worthiness.

Gross Profit %

This is the trading profit before indirect expenses and taxes expressed as a percentage of total sales. It measures the efficiency of a firm”s operations as well as indicates how products are priced.

Net Profit %

This is the profit after all expenses, including direct and indirect expenses, but before taxes expressed as a percentage of total sales. It is a more specific measure of the efficiency of a firm”s operations.

By considering both Gross Profit % and Net Profit % together, we are able to gain considerable insight into a firm”s operations and the part played by the direct and indirect expenses.

Operating Cost %

As a percentage of Sales Accounts

This is total cost including direct and indirect expenses, but before taxes expressed as a percentage of sales. A high ratio shows that even a slight rise in costs would be risky and might necessitate an increase in price.

Return on Investment %

(Net Profit/Capital+Net Profit) %

Net Profit is the Profit after all expenses, but before taxes. This is a profitability ratio that an investor is most interested in. The investor needs to know how much is earned on each unit of currency invested. If the investor finds other avenues that give better returns, he will move his money from the firm.

Return on Working Capital %

(Net Profit/Working Capital)%

This is another profitability ratio that ignores sunken costs in Fixed Assets and assesses how profitably a firm uses its net current assets.

Receivable Turnover in Days

Payment Performance of Debtors

It is an efficiency ratio that measures the quality of a firm’s receivables and how successfully it collects its debts. Receivable Turnover in days is a figure that tells us the average number of days for which receivables are outstanding, before being collected. It should be compared with the average credit policy of the firm.

It is arrived at using the formula (Closing Balance of debtors/Total Sales)*Number of Days.

Tags: working capital, capital turnover, term obligations, Tally ERP 9, credit worthiness, current liabilities

May 06, 2012 | By: admin | No Comments

Error Codes/ Error Messages and their possible Reasons and Solutions.

Tags: correct tally, tally solutions, Tally ERP 9

May 06, 2012 | By: admin | No Comments

Budget 2012 is here and there is a change in Service tax and Excise, in Tally.ERP9

Meanwhile, the challenge would be to ensure the impact of change in your accounting software to ensure smooth running and time billing.

Some steps while doing so are based on our suggestions

Create a New ledger account for the new rate in Tally instead of changing the percentage for the Tax account you would be using currently. For Eg You would have an Account called as Excise diuty @ 10 % , do not make a change here but create a New account called as Excise duty @ 12 % both for Output Excise as well as Input Excise.
Check your existing purchase orders / Sales orders etc, before entering purchase invoices or making sales invoices. They would need amendments.
Do not edit Purchase orders / Sales orders which are partially processed. Create new purchase orders / Sales orders for the balance amounts. Making changes to existing purchase orders / Sales orders is not advisable.
Using the same accounts could cause problems when you are editing existing vouchers in some version of tally so for smooth functioning create new Ledgers.
If you are using some customization get in contact with us at tally@winjit.com along with the TCP file and we will be able to help you.

Tags: accounting software, excise duty, ledger account, Tally 9.0, sales invoices

Mar 17, 2012 | By: admin | 1 Comment

Connection Related Error Codes while communicating with Tally License Server

Connection Related Error Codes while communicating with Tally License Server, along with their Reasons and possible Solutions – Tally.ERP 9 Series A Release 1.8, 1.81 and 1.82 onwards

Error Code

Error Description

Reason for Failure

Possible Solution

10003

Server is busy

Please try after 30 minutes interval

401 – 10051 / 10065

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

Network connection either removed or disabled in this system

Check and connect / enable network connection to the LAN.

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Re-Configure existing License.

402 – 10013

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

In Firewall,

1. Sending request to PORT <nnnn> is blocked, (OR)

2. Sending request to <System /IP address> is blocked, (OR)

3. Sending request from Tally.ERP 9 is blocked.

In Firewall,

1. Allow outbound communication to PORT <nnnn> (OR)

2. Allow communication to <system / IP Address> (OR)

3. Allow communication from Tally.ERP 9 application.

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Re-Configure the existing License

403 – 10060

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

1. Tally License Server name / IP address given in the configuration is invalid (OR)

2. Tally License Server is not installed in the System specified in the configuration (OR)

3. Tally License Server specified in the configuration is listening in different port (OR)

4. Network connection is removed or disabled in the configured system where Tally License Server is installed (OR)

5. Firewall is blocking inward requests to Tally License Server system.

1. Check the system name / IP Address is correct in the configuration.

2. Check Tally License Server is installed in the system specified in the configuration

3. Check Tally License Server is listening in the port configured in the configuration

4. Check the system configured in the configuration is connected to the network

5. Allow Tally License Server communication in Firewall.

Select any one of the following Option

1. Re-Configure the existing License

2. Restart Tally License Server

404 – 10061

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

1. Tally License Server is not installed in the System specified in the configuration (OR)

2. Tally License Server specified in the configuration is listening in different port (OR)

3. Firewall is blocking inward requests to Tally License Server system.

1. Check Tally License Server is installed in the system specified in the configuration

2. Check Tally License Server is listening in the port configured in the configuration

3. Allow Tally License Server communication in Firewall.

Select any one of the following Option

1. Re-Configure existing License

2. Restart Tally License Server

405 – 11004

Could not connect to the configured License Server. <server>:<port>.

Your System or Network administrator will be able to solve this problem.

IP Address given in the “Configure Existing License” is invalid

1. Correct the IP Address given in the configuration.

2. Check the system name given in the configuration is available in your network.

Select any one of the following Option

1. Re-configure Existing License

406 – 10053 / 10054

Could not establish connection to Tally server to complete this operation.

Your System or Network administrator will be able to solve this problem.

Data exchange (sending or receiving) failure through network.

Check the internet connection is stable.

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Continue in offline mode

407 – 11001

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

System name “xxxxx” given in the configuration, does not exist in your network.

1. Correct the system name in “Re-Configure existing License” option given below.

Select any one of the following Option

1. Re-Configure the existing License.

408 – 10049

Could not connect to the configured License Server. <Server>:<PORT>.

Your System or Network administrator will be able to solve this problem.

IP Address given in the “Configure Existing License” is invalid

Check and correct the IP Address given in the configuration.

Select any one of the following Option

1. Re-configure Existing License

409

Could not connect to the configured License Server. <Server> :<port>.

Your System or Network administrator will be able to solve this problem.

Tally License server you are connecting is not compatible.

Connect to Tally License server n.n

Select any one of the following Option

Re-configure Existing License

410

Could not connect to the configured License Server. <server>:<port>.

Your System or Network administrator will be able to solve this problem.

Tally License Server service is stopped

Restart Tally License Server

Select any one of the following Option

1. Restart Tally License Server

2. Re-configure Existing License

Connection Related Error Codes while communicating with Tally Server (Multi User Environment), along with their Reasons and possible Solutions – Tally.ERP 9 Series A Release 1.8, 1.81 and 1.82.

Error Code

Error Description

Reason for Failure

Possible Solution

801 – 10051 / 10065

Could not establish connection to Tally server to complete this operation.

Your System or Network administrator will be able to solve this problem.

Network connection either removed or disabled in this system

Check and connect / enable network connection to the LAN.

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Continue in offline mode.

802 – 10013

Could not establish connection to Tally Sever to complete this operation.

Your System or Network administrator will be able to solve this problem.

In Firewall,

1. Sending HTTP request (outbound using PORT 80) is blocked, (OR)

2. Sending request to Tally Server (experts.tallysolutions.com) is blocked, (OR)

3. Sending request from Tally.ERP 9 is blocked.

In Firewall,

1. Allow outbound communication to HTTP PORT (80) (OR)

2. Allow Tally Server (experts.tallysolutions.com) (OR)

3. Allow Tally.ERP 9 application.

Select any one of the following Option

1. Retry (After solving any of the above problem)

2. Continue in offline mode.

803 – 10060

Could not establish connection to Tally server to complete this operation.

Tally server has not responded properly after a period of time.

1. Check the internet connection availability

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Continue in offline mode.

804 – 10061

Could not establish connection to Tally server to complete this operation.

The proxy configuration given in the product may be incorrect.

Correct the proxy configuration in Advanced Configuration.

Select any one of the following Option

1. Advanced Configuration

2. Continue in offline mode.

806 – 10053 / 10054

Could not establish connection to Tally server to complete this operation.

Your System or Network administrator will be able to solve this problem.

Data exchange (sending or receiving) failure through network.

Check the internet connection is stable.

Select any one of the following Option

1. Retry (after resolving the issues with possible solutions)

2. Continue in offline mode

807 – 11001

Could not establish connection to Tally Server to complete this operation.

Your System or Network administrator will be able to solve this problem.

1. Internet connectivity has been lost

2. Tally server is not reachable.

1. Check and correct internet connectivity (OR)

2. Check hosts file entry for Tally. server (experts.tallysolutions.com)

Select any one of the following Option

1. Retry (After solving any of the above problem)

2. Continue in offline mode.

Connection Related Error Codes while communicating with Tally License Server, along with their Reasons and possible Solutions – Tally.ERP 9 Series A Release 2.0 onwards.