Tally solutions press conference

.Key Features

§ Incorporates the new Rupee symbol

§ Includes Arabic Language

§ New Banking feature allows for multiple transactions in a single voucher

§ Job Work for Outsourced manufacturing

§ Income Tax calculation for Payroll

§ Image printing facility – to print logo on invoices and reports.

Chandigarh, SANJAY PAHWA – “Tally Solutions, India’s leading business management software company announced the launch of Tally. ERP 9 Series ‘A’ Release 3.0, specifically designed for seamless business execution. With this new release, Tally introduces new features and enhanced functionalities including the incorporation of the new Rupee symbol; extending its reach in the Middle East with the introduction of its bidirectional language feature; simplification of business processes via Job Work, and Payroll via Income Tax for payroll. With all this and a host of other new capabilities Tally becomes India’s most comprehensive business management software and extends its reach beyond borders” this had been told by Harish Rajput Head, Business Development Tally Solutions, while addressing Press Personnel here today.

Mr. Rajput further explained “Tally. ERP 9 Series ‘A’ Release 3.0 allows to use of the new Rupee symbol, thereby addressing the pressing needs of the industry in terms of output capability.”

Mr. Rajput further said “Tally also provides another interesting feature that facilitates for ‘inter-currency’ conversion. Tally allows the user to select a base currency (say INR in this case) and converts 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.”

HARISH RAJPUT,HEAD BUSINESS DEVELOPMENT[TALLY SOLUTIONS] ANNOUCED ,Tally extends to meet evolving business needs of today & Becomes the world's first concurrent multi-lingual ERP solution compatible with Arabic, during the press meet at Chandigarh on Wednesday,                                                      BY SANJAY

Mr. Rajput also told that their Company’s President had sent a message about the facilities being extended to its clients as following.

According to Mr. Shoaib Ahmed, President, Tally Solutions Pvt. Ltd. “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”

Other compelling features of the new Tally. ERP 9 Release 3.0 are as follows:

Tally. ERP 9 is compatible with languages that follow the right to left script. On selecting Arabic as the Display language, Tally. ERP 9 will switch over to the right to left script retaining all the existing functionalities and reports intact. This unique feature will now enable businesses in the Middle East to interact more freely with the rest of the world, view and print reports from Arabic to English or Vice- Versa.

The Banking module now makes transactions easier to record, execute, and monitor by filters such as dates, payment modes, and modes of transactions thereby simplifying records paving a comprehensive route for smooth bank reconciliations. It also allows automatic carrying forward of the un-reconciled bank transactions from the current year to the subsequent year. Hence it saves time, reduces errors and improves productivity.

The enhanced cheque printing configuration with a separate "Cheque Printing" report enables multiple cheques printing with ease. The unique benefit here is that the cheque details can also be recorded after printing.

The Job Work module promises to reduce cycle times, increase efficiency and cut costs; it has the capability to create easier manufacturing workflows and simplify inventory management. Multiple order tracking, tracking of stages of Work-In-Progress or assessing the status of finished goods becomes easy. So whether it is stock valuation, generating a profit analysis on finished goods or raising a bill of material etc. Job Work feature in Tally makes all of this seamless and possible.

The Income Tax for Payroll feature enables hassle free 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. Coupled with these benefits is the reduction of paperwork by enabling all data to be mailed directly to employees, all the while keeping in mind the intricate details pertaining to generating MIS reports.

Furthermore, it also facilitates Department wise salary changes and can inherit the changes made to all employees belonging to the respective department or Group. With the image printing facility a customer can print his company logo on his invoices and reports.

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.

About Tally Solutions

Since its inception in 1986, Tally Solutions has simplified business processes and enhanced the productivity of small and medium-scale enterprises with its powerful business accounting and inventory management software.

The company's tremendous progress is validated by various research agencies and media houses who have named Tally as one of the fastest-growing software product companies in India. Guided by its core philosophy "Power of Simplicity", Tally Solutions has pioneered the code-less concept in accounting and business management software and continues to improve by leveraging new technologies to offer innovative features and capabilities. The sphere of operations currently spans the Middle East, Africa, the Indian sub-continent, Asia-Pacific and the UK.

For its simplicity in use, versatility in its technology – Tally has been the recipient of a number of awards and accolades - the prestigious IT National Excellence Award; 360 Magazine's Golden Rhino Award; Franchise Award for best in Education Coaching & Training; VAR India Star Nite Award for Best Financial Software to name a few.