Monthly Archives: December 2006

Tally 7.2 Release 3.13 Release Notes

Release 3.13
Major facilities and Enhancements
Display of Due Date or Credit Days in Purchase entry
A Purchase Voucher in As Voucher mode will now display the Due Date, if they have been previously specified.

Importing VAT Rate Specified in the Item Master
When importing data from one company to another, the VAT Rate specified in the Item Master is now imported along with other item master details.

Period in Bill wise Detail Report
Go to Display > Account Books > Ledger. Select the required ledger. Changing the period to the previous financial year and pressing Alt+B will display the Bill wise detail for the previous financial year.

VAT Bifurcation Details in Sales Invoice
Setting Print Tax Analysis of Items to Yes in F12: Configure in the sales invoice now prints the VAT Bifurcation Details in the sales invoice.

Purchase Entry in Forex With Common ledger allocation set to Yes
While altering a Purchase voucher for a foreign exchange transaction with Common Ledger a/c for item allocation set to Yes in F12: Configure, the bill wise details screen in the alteration mode gets into a loop – Now Resolved.

Calculation of Tax for Multiple VAT Rate Items
VAT is now calculated accurately for items with Multiple VAT Rates for which additional ledgers have been specified in the Voucher Class

Buyer’s Details in Sales Invoice
While printing a Sales Invoice, Set Allow Separate buyer & Consignee Name to No in F12: Configuration – to display only the buyer name in the Buyer’s details field. Setting the option to Yes, will display the Consignee and Buyer name.

Minor facilities and Enhancements
Single Group Alteration in Multi Groups alteration
You can now alter a Single Group in Multi Groups alteration:

Go to Gateway of Tally > Accounts info > Groups > Multiple Groups > Alter

Select the group to be altered. Make the necessary alteration and accept the screen.

Group wise outstanding report of company with more than one financial year
To view the Outstandings of a company with more than one financial year. Select the Outstanding Group from the Statement of Accounts. On changing the period of the ledger to the previous year, the group outstanding report will display values of the previous year

Finalization entries for the previous year

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Did you know…?

You can pass finalization entries for the previous year in the voucher entry screen of Current Year.

Press Alt+F2 to get Change Period window and enter the previous years period against From and To date fields.
Pass the entry for the pervious year and save the voucher. Tally will accept and update the voucher for the previous year.

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Did you know…?

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.

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Did you know ….?

You can navigate to any Accounting or Inventory Reports from any report without going through the routine menu navigation.

1. In Balance Sheet Report, you can press F9: Inventory Report or F10: Accounting Report to access any of the reports listed from the drop-down menu.

2. There is no restriction to the number of instances to access these reports.

3. Press Esc button to return back in the order you progressed to different reports.

F9: Inventory Reports

F10: Accounting Reports

Use F8: Related reports to view related reports for any individual group/ledger analysis.

F8: Related Reports

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Do you know….?

Calculation of discounts and/or taxes, even for ledgers not grouped under Duties and Taxes, is possible in Tally. To enable this, set option Used for Calculation (eg., Taxes, Discounts) to Yes in “Group Master Screen”(creation or alteration) for the Group where the ledger created needs to be used for calculation.

For example, Ledgers created under any other Group can be used in Sales and Purchase invoice entry for auto calculation.

Ledger Creation with calculation:

The following Voucher entry screen appears.

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Did you know…?

Tally does not allow you to delete multiple transactions at once. You must delete one transaction at a time. Select the desired voucher and press enter to display the voucher in “Voucher Alteration (Secondary) and press ‘Alt + D’ and press ‘Y’ or enter to delete the voucher.

Alternative you can highlight the transaction and press “Alt + D” to delete the voucher.

Note: Once the voucher is deleted, it is gone for ever, you do not have undelete or recycle bin concept.

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Did you know…?

If the date of transaction entered does not belong to the current year, Tally will not save this transaction and will display the warning Date above Current Period.

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Did you know…?

Tally offers cheque printing facility, where the cheque details are printed on your cheque leaf when a payment voucher is made.

To enable cheque printing,

1. In F11: Features set Modify Other Company Features to Yes.

2. In the Advanced Company Operations screen, set Enable Cheque Printing to Yes.

Company Name on Cheque: If the cheque book does not have the name of the company pre-printed, then type the name of the company.

Name of Banks: The list of all created bank accounts under the group Bank or Bank OD A/c /OCC A/c displays. Select the required bank and specify the dimensions of the cheque in the Cheque Printing Configuration screen.

Cheque Printing Configuration screen: Dimensions are specified as per the bank’s cheque leaf.