Important Update for Companies
Due Date to use Accounting Software with Audit Trail Extended to 1st April 2022 Source : MCA Notification dated 1st April 2021
MCA Notification Regarding Audit Trail in Accounting Software
The law The Ministry of Corporate Affairs (MCA) recently issued a notification regarding enforcement of Gazette Notification No. GSR 205 (E) dated 24th March 2021 - Amendment to Rule 3(1) of Companies (Accounts) Rules 2014 which seeks to bring a host of reforms and improvements in the way businesses operate in India. The following sections of the notification concern small and medium businesses and software providers like us and need to be noted carefully. A provision to Rule 3 (1) of the Companies (Accounts) Rules, 2014 reads, “Provided that for the financial year commencing on or after the 1st day of April, 2021, every company which uses accounting software for maintaining its books of account, shall only use a software that has a feature for recording audit trail of each and every transaction, creating…
Tally Prime – Product Roadmap
TCS Simplification - Expected in JFM 2021Today you can manage your TCS calculations for sales and receipt transactions and see its impact in TCS returns. In our forthcoming releases, you will experience a much-simplified item master setup, introduction of new tax calculation methods i.e. based on ‘Realisation’ and based on amount exceeding threshold limit. Also, you will see changes in relation to 27EQ. Report Filter - Expected in AMJ 2021Report filters will be made so powerful that the user will be able to intuitively and flexibly apply single or multiple filters in a single screen, to get most relevant information that they are looking out for in the report. GST Reconciliation - Expected in JAS 2021Users will experience a smooth reconciliation experience. It will be easier for the users to…
Are you Tally Prime Ready??..
Tally Prime is an Upcoming Release from the House of Tally. Tally Prime is the most awaited product from Tally Solutions Pvt Ltd. Current Tally.ERP product will be replaced by Tally Prime. Tally Prime will be the most significant update in the history of Tally. Tally Prime is coming with a whole fresh Clean UI with Extraordaniory User Experience, Easy navigation, Blazing fast Speed, Multi-Tasking, Drop Down Menu Support and Many More..... While we are waiting for Tally Prime, let us Prepare our business ready for the update so that you can get Tally Prime at the earliest. How You Will Get Tally Prime? You need a Valid Tally Software Services (TSS) Subscription to Get Tally Prime Free. Tally Software Services (TSS) is a software subscription for a collection of services…
Most Awaited Game Changer – Tally Prime – New generation of Tally… Coming Soon…
As there is an old saying 'Kuchh achha pane ke liye intejar karna padta hai' So now seems that our waiting for "Kuchh Achha" is going to over. Tally.Erp 9 is getting replaced by a whole new Tally Prime with much better, faster, user-friendly, having good connectivity, and many new features and a whole new modern look. It means the journey of Tally.ERP 9 will come to an end once the Tally Prime get launched. Tally Prime will enhance your business functioning with ease and gives you time to focus more time on unfolding many new opportunities. Whole New Look with Same Old Values.Can Handle Multi-State GST.Connected Environment with GSTN.Multi-Tasking.Easy Navigation.Easy to Implement.Generate reports at blazing speed.Supports the Drop Down Menu...... and Many More...
Internal Error – Contact Tally Solutions.
Follow below steps to resolve this issue. Take Backup of your Tally Data then Simply Delete all .TSF files in that particular Company Data in the Tally Directory.Rightclick the Tally shortcut in the Desktop, go to properties, Copy the Tally .exe path which is in the Target Box. (for e.g C:\tally.erp9\tally.exe) Then --> goto Start--> Run--> Paste press space and type the Tally full data path and press space 0 (C:\tally.erp9\tally.exe C:\tally.erp9\Data 0).Press enter. When tally opens, press ctrl+alt+R. Choose the company that you are getting the error msg. It will ask for rewrite company select Yes and process. Once you complete the Rewrite process, then open the company in Tally. If you are still facing the same issue please send your data backup on support@tallyworld.com or call on 022…
Digital Signature in Tally
Digital Signature in Tally - Studies have shown that total cost of manual paper invoicing can be much higher than e-invoicing. e-Invoicing can save costs, time and efforts. The Indian Union Budget 2015-16 has allowed Invoices, Challans, and Consignment notes etc., to be digitally signed with digital signature certificates and sent to customers electronically. As per the regulations pertaining to invoicing, an invoice can be authenticated by means of a digital signature. Organizations can digitally sign their Invoices from / within Tally Software anytime, at just click of the button and easily transfer, store and retrieve signed documents. As a part of 'Digital India' initiative, many Organizations are shifting to paperless office. Benefits of Digitally Signing Invoices over manually signed Documents: • Automated electronic processes are cheaper. • Electronic and Digital…
Tally.ERP 9 Release 6.6.2
Highlights Tally Reports in Browser: Now you can download reports and vouchers in the browser in MS Excel format. Product Improvements A warning message is shown when the Due date is lesser than the voucher date in sales orders.The F7: Vouchers button was displaying a blank page in Trial Balance report. This issue is resolved.The column title Account Name has been changed to Group Name in the Group Budget screen shown while creating Budgets for the accounting group.A provision is made to print invoice title as Tax Invoice when sales with both taxable and exempt/nil-rated goods is made to a registered dealer, and as Invoice-cum-Bill-of-Supply if the dealer is unregistered.Purchase from URD with a value less than Rs. 5000 was appearing in GSTR-3B against From a supplier under composition scheme,…
What is HRMS Software or HCM Software?
Human Resource software, also known as a Human Resources Information System (HRIS), Human Capital Management Software HCM, People Management Software or Human Resources Management System (HRMS), helps organizations to manage employee records and information in a simplified manner. HRMS Software is a tool which is used to digitize the process of your HR Department. Effective human resources software integrates recruitment management, employee onboarding, people management, Performance Management, Training, Time and attendance management, Tracking of Leave Records, Time Sheet Management, Payroll, and strategic human information system. By implementing HRMS Software HR Department can eliminate various Excel Data Sheets and other manual tasks. Benefits of Using HRMS Software. HRMS helps you to improve the efficiency of the HR Department.HRMS helps you to improve Employee Experience.HRMS generates various analytics and MIS to take…
Licensed or Cracked Version of Tally ERP 9?
Nothing is more pleasure than using a licensed software and the same is so true when the matter comes to using the world’s most simple to use, yet powerful business accounting software. Tally ERP 9 license is the right to use the software legally and to claim the support in case of need. We can define a licensed software as a paid Software that comes with all features including the awesome support from the Company itself as well as its Service partners.Further to above, many small computer and software vendors spreading misleading information about not to use original license just to earn some rupee. That is why out of every 10 users, 7 are using a cracked version of Tally ERP 9. It is a matter of common sense that…