New Features of Tally.ERP 9 Series A Release 1.6

For Distributed Business Environments, New Data Synchronisation

To make the process simple, fast and wide-ranging, Data synchronisation is now available with new capabilities and behavioural changes in Tally. The new capabilities of Data Synchronisation will help the distributed Business Environment to get the required information on right time. The capabilities are as follows :

• 40% to 70% performance enhanced performance achieved.

• Send or receive vouchers from the client / server.

• Specify the type of vouchers that you need to synchronise i.e. now you can Filter Voucher Types.
  

• Synchronise after selected Voucher Types has been saved.

• Online Snapshot can be taken.
  

• Multi-level Synchronisation Support. It Supports complex hierarchy or Complicated Organisation structures

Schedule VI reports and Statutory Audit Tool for Auditor's Edition

• For performing the Statutory Audit, Auditor's are provided a new powerful tool in this version of Tally. The tool aims at providing all the necessary tools that an auditor would need to analyse the Books of Accounts, highlight deviations, discover exceptions and generate the required Financial Statements as per Schedule VI formats.

This tool is divided into two parts:

• Audit & Analysis which is further divided into two sections:

1. Data Analysis
2. Auditing

• Financial Statements

Data Analysis

This tool provides the flexibility to load and compare the data of two years whether both the years are in same data or split data in different folders. It helps the auditor to compare the Audit Year data with the Previous Year’s data and check if there are any deviations. Investigating and highlighting specific exceptions will be helpful for the auditor in order to highlight the issues in the Books of Accounts if any. The tool approaches step by step starting from checking the Chart of Accounts, verifying the Group/Ledger Balances, conducting various Analysis to find deviations, check the statutory Payments made etc. Data Analysis constitutes of the following tools:

• Verification of Chart of Accounts

• Analytical Procedures

• Pending Documents

• Verification of Stock Items

• Verification of Balances

• Statutory Payments

Auditing

It provides the capability to scrutinize and Vouch the available transactions. It has been made more flexible, it has been provided to enter the audit comments on the entire data or sampled data or specific data.
In Auditing the following recommended Sampling Methods have been provided :

• Even numbered Vouchers

• Odd numbered Vouchers

• Amount Range

• Benford Analysis

• Specific Period

• Specified Vouchers

Financial Statements
Financial Statements can be generated as per the Schedule format specified in the Company’s act, as follows:

• Schedule VI Profit & Loss A/c Statement

• Schedule VI Balance Sheet

New functional features like Cut (Move), Paste (To), Undo etc. have been provided to classify or re-classify any default Tally Group or Ledger Balances to prepare or modify the above reports without effecting the Client’s data.
Quick Setup (Wizard)

This is a new feature being introduced with Tally.ERP 9. It is a Single Window Statutory Masters Configuration screen which guides the user to configure all the statutory masters (be it Accounts/Inventory/Voucher Types). It is required for the effective use of a particular statutory module.
It can be used to configure the masters for the following Statutory Modules:

• Tax Deducted at Source (TDS)

• Tax Collected at Source (TCS)

• Value Added Tax (VAT)

• Excise for Dealers

• Excise for Manufacturers

Stock Query

In this new version of Tally, a separate button 'S' which means Stock Query has been provided to display the Stock Query Report for an item during the Voucher Creation or Alteration screen. It helps the user to check the Stock position and other information related to the specific items while creating or altering a Voucher/Invoice/Order.

Mass Emailing

A new Mass Emailing facility has been provided in this new version to help the user in order to send multiple emails to the recipients on click of a button.

• This facility will allow the user to send Confirmation of Accounts to the Parties, Outstanding Statements or Reminder Letters to the Parties, and also send Pay Slips to all or selected Employees.

• A separate Email Exception report has been provided in order to view and correct the Email Address details that were not entered or incorrectly entered while creating the Ledgers or Employees.

Batch Report
Now in this new version the user can view a report of the stock item for a particular batch. Here the inward and outward movement for the selected Batch is shown.