Other Business Features of Tally.ERP 9

Payroll – you can automate the management of your employee records, including visa and employment contract management. This feature also offers automatic calculation of salaries and payslip generation.

Job Costing – enables you to generate profitability statements for each project executed, including financial and material resource apportionments, wherever applicable.

POS Invoicing – allows faster data entry and printing on 40 column continuous stationery along with barcode support.

Flexible Financial Periods – allows you to break away from inflexible accounting years and perform all accounting functions in Tally.ERP 9 for time-periods that suit your convenience.

Unlimited Companies – allows you to create and maintain up to 99,999 companies, concurrently.

Consolidation of Companies - enables grouping of companies and provides consolidated reports. Changes done in any constituent or branch company are automatically updated in the grouped information.

Advanced MIS – helps you compare information in order to understand and analyse performance levels for various periods or divisions. It helps you study and understand the buying patterns of customers, so that you can channel your resources to specific segments, periods or customers. It also helps you analyse cash flow situations.

Data Synchronisation – helps you synchronise and update data across multiple locations. This enables fast and easy exchange of business information, between offices and branches, across various geographies.

ODBC Compliant – lets you create your format in any ODBC compliant software like MS-Word or MS-Excel, and then pull data from Tally.ERP 9, to create any report you want. You can even generate your export documentation by pulling data from Tally.ERP 9.

E-Mail Support – enables you to easily e-mail invoices, purchase orders or any other documents, to your customers, suppliers or associates. You can also save time and costs of printing and postage by emailing reminder letters, statement of accounts etc.

XML - enables you to exchange information with non-Tally.ERP 9 systems so that you can share data across locations and ensure a seamless workflow.

Export to Excel – Export to Excel is a new feature that has been incorporated in this release of Tally.ERP 9. This feature enables you to export any report generated by Tally.ERP 9 into Excel. Consequently the user can generate graphical representations of his data for better visual presentation.

Tally has always been one of the most secure business applications as far as data is concerned. In most systems, a person who knows the database password (typically an IT administrator, not a business owner) can play havoc with the system. Tally’s data can be seen only through the application and therefore the application security also controls data security. If you decide to TallyVault your data, because of the sophisticated encryption algorithms, the data can be absolutely guaranteed to be non-recoverable without a valid username and password.

All this is possible while keeping the data portable (one of the unique strengths of Tally which contributes to its phenomenal supportability).

*In Tally.ERP 9, you can ensure that a particular company will be open-able only by specified serial numbers. You may want to have the luxury of your CA, consultant or partner look at the data but you want to prevent this being opened by any one else (say some one who can gain a competitive advantage)

You can even specify that a company is not openable in educational mode.

Now for something that will bring joy to developers and customers alike:

*You can specify the sets of TDLs that MUST run on a specified serial number. You can then no longer bypass the external TDL imposed controls etc., merely by disabling TDLs in the Tally.ini file.

Even security (examples: ledger level security for giving visibility to customers and suppliers, or voucher level security, which is currently not available in Tally) can be implemented and enforced through very simple TDLs.

Data Security in remote operations

The request-response system used by Tally.ERP 9 is extremely secure. Since both the receiver and the sender of information act as clients and not server, it is virtually impossible to hack. (Only servers can be hacked)

The data resides on the customer’s machine only and not on the viewer’s.

Access control is completely in the hands of the customer. The customer can even decide not to connect a company for remote access even though it has remote users.

Other new Features
Central Excise

Tally already has features of excise for traders. Excise for manufacturers has been one of the most eagerly-awaited features in Tally.ERP 9. It is there now in a comprehensive and simple fashion.
Tally.ERP 9 handles, for instance:
• Multiple types of excise duties (Basic, Special, Education cess etc.)
• Multiple ECC numbers for a single company (A company can have multiple registered excise godowns and can also trade in excisable goods)
• Multiple valuation methods (like Ad valorem, Ad valorem/transaction value, value based on MRP, Ad quantum etc.)- all of these, if required, in the same invoice!
• Flexibility to have different unit of measures for excise reporting and recording transactions.
• Availment of CENVAT credit
• Payments to central Excise
• Keeping statutory records and reporting and returns.
• Sequential numbering for excise invoices even across different voucher types – for example across invoices and debit notes – (as per excise rule 11)

TDS
The TDS facilities in Tally.ERP 9 cover the entire gamut of TDS related processes from creation of a TDS liability to discharge and creating the e-file for the same.
The TDS feature has been completely re-written in Tally.ERP 9. The new features that have been introduced include:
• Capability to deduct TDS and also record the liability (due to purchase or availment of services) in a single voucher.
• You may also choose to create the TDS liability on a periodic basis.
• Now, separate ledgers need not be created for TDS and non TDS related payments. The same ledger can be used for both.
• Additional features like NRI payments (under Sec 195) are facilitated.
Payroll Statutory Reports,all PF, ESI and Professional Tax forms and reports
NewLook and Feel
Tally.ERP 9 now has nearly 30% more screen real estate to display information. This is done through a ‘hide-on-demand’ info panel (bottom panel).
This extremely informative info panel tells the user not only the version but also the latest version that is available from Tally; TDLs that are running, edition particulars (Auditors’, Gold or Silver) and some configuration details (which port the server is listening to, etc.).
Clicking on the logo takes you to the Tally website. Clicking on the latest version takes you to the ‘downloads page’, etc.
Most of the keys that can be used in a given situation are available upfront as buttons also. Example: during display of daybook, Alt-D, Alt-A, Alt-2 etc. are available as buttons.
Now the customer can see up to four instances of Tally (4 companies) for comparison on a single screen by resizing windows.
In most reports, you can select multiple lines (by pressing space bar or clicking on the line) and do some operations – example: multiple line removal (with Alt + R), multiple voucher delete (with Alt+D) from daybook.
Conclusion
For either a new potential customer or an existing customer on an earlier version, it is clear from the above that Tally.ERP 9 is a ‘Must have’ product.