Monday, June 3, 2013

The Highlights in Tally.ERP 9 Release 4.6

1. Accounting Reports — View all Party Outstandings in Receivables, Payables and Group Outstanding reports with the new option 'Bill-Party wise' for a quick analysis 2. Payroll As per the Budget 2013-14, the following changes are supported: a) Tax Rebate U/s 87A of an amount equal to a) Rs. 2,000 per annum or b) Total tax amount whichever is less, for resident individuals with total taxable income up to Rs. 5,00,000 b) Surcharge of 10% for individuals whose taxable income exceeds Rs. 1 crore per year C) Income Tax Benefit on interest on Housing Loan (First Time Buyer) U/s 80EE 3 Printing — Now ZOOM IN up to 600% in print preview of all reports / invoices using mouse and keyboard for enhanced visibility 4. TDS — TAN and PAN structure will be validated during creation to eliminate errors in filing returns — Now, Proprietorship firms can print TDS Challans and returns with proprietor's name, as mentioned in PAN — TDS Computation report (Party/Expense Wise) can now be sorted based on Date, Ref No. or Nature of Payment