Tally unveils ERP 9 Series ‘A’ Release 3.0
Tally Solutions, business management software company recently released Tally.ERP 9 Series ‘A’ Release 3.0, which features enhanced functionalities including the new Rupee symbol. The business management software intends to extend its reach in the Middle East with the introduction of its bidirectional language feature, simplifies the business processes via job work, and payroll via income tax for payroll, informed the company.
“Most often Simple is confused with Basic, Tally.ERP 9 is very simple to use, yet comprehensive. The focus has been to absorb the complexity of providing a simple yet functionally rich and flexible product. With the inclusion of the Rupee symbol, job work for outsourced manufacturing and Arabic etc., the capability of Tally.ERP 9 has gone a couple of notches up,” remarked Shoaib Ahmed, president, Tally Solutions.
According to the company, the software incorporates ‘inter-currency’ conversion, and enables user to select a base currency (say INR in this case) and convert the consolidated reports of all international branches of the business into the same. Hence, if a business unit has branches in the US as well as UK, the reports will be churned out not with the corresponding ‘$’ or ‘£’ values but in ‘’. This facility however requires the user to feed the current currency values into the system to enable this function.
The software company, informed that the solution is compatible with languages that follow the right to left script. The banking module allows automatic carrying forward of the un-reconciled bank transactions from the current year to the subsequent year. The enhanced cheque printing configuration with a separate ‘Cheque Printing’ report enables multiple cheques printing with ease. The Income Tax for payroll feature enables processing of employees’ salaries, calculates tax and submitting of returns such as ITR1 as well as covers relevant statutory compliances like Form 16A, Form 12BA, PF, ESI, PT, Gratuity etc.
Furthermore, it also facilitates department wise salary changes and can inherit the changes made to all employees belonging to the respective department or group, stated the company. Pre closure of orders enables closing of pending orders without making any additional entries and without amending the existing orders. This helps in maintaining accurate pending order summaries and preventing losses from dead stock.
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