TALLY ERP 9 provides several important features such as backup, restorations, email, Tally.net and data migration. Taking the data backup refers to the process of storing the data in another location on your computer or in an external storage medium such as a Cd or pen drive. Data stored on a computer is under constant threat from various sources, such as errors, data corruption or natural disasters. If you do not take adequate precautions to protect your data from such threats, the data may be lost forever. Performing regular backups ensures that any data you lose is quickly replaced. In TALLY ERP 9, the process of replacing lost data is known as data restoration. In other words, data restoration is the process of data return is the original and usable condition.
related article: What Is Tally? Scope And Benefits Of Tally Course?
Email, another important feature provided in Tally ERP 9, allows you to send documents such as invoices, payrolls, purchase orders, sales orders, and account statements, over the Internet, instantly and economically. In addition to this, TALLY ERP 9, provides the data migration function that allows you to convert Tally 7.2 data or earlier versions to Tally ERP 9 format.
Tally.Net, the latest feature launched by Tally Corporation in Tally.ERP 9, facilitates the exchange of data between different companies through remote login. It is a type of framework that establishes a connection between a company and the remote user, which allows you to remotely access the data and information of the connected company. To use this function, you must have the necessary permissions and the company in question must be connected to the Tally.Net server. You must create remote users, authorize and authenticate them to access the data of other companies, and assign them various security controls according to security levels, that is, user or auditor. Tally ERP 9 also provides online help and support to users on the functional and technical aspects of Tally.NET.
read also - How to Use Tally
The functional enhancement or features included in Tally ERP 9, in brief;
E-mail option: users can send accounting reports to multiple recipients along with an additional function such as Net-banking and printing in various formats.
Accounting voucher: a new type of numbering function is added to the voucher, which ensures that the voucher is numbered sequentially
Print bank transaction details: provide an option to print bank details on the formal receipt
Credit Limits: The Credit Limit control set for a general ledger will not be applied in the sales order. A warning or alert message will pop up on the credit limit and the user can still save the voucher
CST: even in a simple format, the details of the CST form entered in the invoice will be printed
Excise for Manufacturers: all details related to buyers and suppliers can be shown on the voucher, you can also keep daily records of stocks according to date, types of multiple items and rates.
Inventory vouchers: for the inventory section, you can now mention the Godown address and also print the name
Payroll: New TALLY ERP 9, allows salary processing according to the National Pension Plan
Service tax: in the journal vouchers, the taxable amount, the taxable percentage and the notification number will be shown in the service tax details. The automatic adjustment of the service tax payable can be made against the service tax entry fee.
VAT option: it is possible to register multiple items with different VAT rates by configuring the setting of "Default accounting Allocations for the selected item invoice".
Tax audit: forms such as 3CB, 3CD, and 3CA have been updated according to CBDT requirements
XBRL: the document is restricted only to those companies that have the nature of the report established as consolidated.
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