Wednesday, April 27, 2016

VAT Function in Tally.ERP 9 with data of Tally 9 Release 2 & 3 Family

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Migration of Data from Tally 9 Release 2 and 3 Family
The option Show Statutory Details will be displayed on enabling VAT for company data created using Tal­ly.ERP 9. In case of the company data which is migrated from Tally 9 Release 2 and Release 3 family to Tally.ERP 9, this option will not be displayed.

The option Show Statutory Details will be displayed for old data only when any changes are made in the transactions. During further modification of values in the voucher, to re-calculate the correct values an option F5: Refresh button is provided in the Voucher entry main screen.

The appropriation of values will be done based on quantity or value as per the options set in the additional ledger masters in the entry pertaining to old data being changed.

The values of the VAT Return filed earlier with old data and the return form displayed after migarating the data and making changes at the entry level in Tally.ERP 9 will display a difference due to the appropriation done in statutory details sub-screen as per the options set in the Additional ledgers.

Note: For detailed explanation on the new functionality, please refer the State-specific Statutory Refer­ence Manual.

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