Tally Prime Shortcuts Key in Reports
Tally Prime Shortcuts Key in Reports
Tally Integration
Tally Integration with other Application Tally software has been designed to provide extensive integration capabilities that enable businesses to build cross-platform solutions without compromising data integrity and reliability. Thus, empowering business to seamlessly interact with multiple applications or software systems.. Integration capabilities in Tally allow two-way data transfer, which means…
Tally on Cloud
What is Tally on Cloud Tally data can be accessed directly across cloud, only by Tally software using Windows RDP and not by any other means other than Tally on Remote. Also Tally can be integrated with other application using Tally Integration technology thru Tally software only. Prerequisites Hardware Virtualisation…
Common Revenue Ledger for Invoice Vouchers
Tally's Default In default tally, for invoice voucher, selection of common revenue ledger such as Sales A/c or Purchase A/c is made compulsory for tacking automatic tax implication on such transactions. In some cases, this feature may not be required to users or users wants go with some default selection…
Change Default Controls in Tally
In Tally some of the areas cannot be controlled or modified, which is being controlled with some parameters. Some this these controls required to be overridden when user need to do some changes. Some of the controls are below. Enable Prevent Duplicates on voucher numbering, with manual or auto manual.…
Tally Prime going to replace Tally.ERP 9 soon
Tally Prime going to replace Tally.ERP 9 soon, we are testing this product now before this reaches to general public. Look and feel of Tally Prime screen is below Gateway of Tally GoTo Menu (New Menu) Select Company Menu Master Creation If anybody wants to know more about this product,…
How to setup new TCS Changes in Tally
Finance Bill 2020 has amended Tax collection at Source (TCS) provisions in order to widen and deepen its tax base by including remittance under liberalised remittance scheme, sale of overseas tour packages and sale of goods. This change shall come in force from 1st October 2020. Under this new changes…
TCS on Foreign Remittance through Liberalised Remittance Scheme in Tally
An individual resident can send money to another country for investment or expenditure purpose under Liberalised Remittance Scheme (LRS). An authorised dealer who is receiving an amount or aggregate of an amount exceeding INR 7 lakhs during a financial year, from a single buyer for remitting outside India under LRS…
TCS on Sale of Overseas Tour Packages in Tally
A new TCS nature of goods has been introduced under Section 206C(1G)(b) where a seller of an overseas tour package receiving any amount from buyers purchasing the package is liable to collect TCS from the buyer and remit it to the department.The table below will give you all the information…
TCS on Sale of Any Goods in Tally
Every seller, whose total sales, gross receipts or turnover from the business carried on by him exceed Rs. 10 Crores during the FY 2019-20 & onwards, and if sales to buyer is exceeding Rs 50 lakhs during the FY 2020-21 & onwards, then seller has to collect TCS tax from…