13 June 2016

Krishi Kalyan Cess : How to implement in Tally.ERP 9

Recently govt. of India has introduced a new cess on service tax i.e. Krishi Kalyan Cess. This cess has to be charged on services given from June 1st, 2016 onwards. The percentage would be 0.5% on service  tax. It would end up the service tax to be 15% which would include service tax 14%, Swachh Bharat Cess 0.5% and Krishi Kalyan Cess 0.5%.
What is Krishi Kalyan Cess ?
The Krishi Kalyan Cess KKC is a new cess introduced by union finance minister in his annual budget for 2016-20117. This cess would be levied on all services.This cess would be applicable above and over Swachh Bharat cess and service tax.
Krishi Kalyan Cess would be applicable on all the services that may have been provided before June 1, but payments were made on that date or afterwards.
In cases where the services have been provided before the said date and the invoice has been raised before 1st June, the cess would be payable.
In cases where the services have been provided before 1 june and payment has been received before 1June,there this cess is not applicable. 

Implementing Krishi Kalyan Cess in Tally.ERP 9 release 5.x onwards is very easy. The only thing you need is to download the latest release of Tally.ERP 9. The Krishi Kalyan Cess is implemented in 5.3.8 release onwards.

The Process:
The first step after downloading rel 5.3.8 is to create a new ledger named Krishi Kalyaan Cess under duties and taxes to collect the values there. After you have selected Duties and Taxes you would see that a new option has comes up as Krishi Kalyan Cess. Select it and accept the voucher.

Ledger Creation Krishi Kalyan Cess

The second step which is an important one is to define the rate percentage of Krishi Kalyan Cess. For this you have to go to statutory info in Account Info menu. Here in service tax menu you have to alter the service categories on which you are charging service tax. Here in Krishi Kalyan Cess  define the rate percentage as 0.5%. Alter all the service categories which are applicable. The date applicable from is to be set as 1/6/2016
Service Category Updation

Check out this video on the same topic which explains the process step by step.

That all. Your Krishi Kalyan Cess is implemented in Tally. Just try to put an entry and see if amount is calculated automatically or not. If you face any difficulty then ApniTally is there, put a comment and we would love to help you out.

If your Tally Net subscription is expired and you want to implement Krishi Kalyan Cess KKC then you have to update your subcription. Click on the image below and you can update your subscription in few clicks. You can also buy rental Tally or New Tally also.
You need to update your Tally.Net subscription to operate tally remotely
Update your TallyNet subscription Online

14 May 2016

Tally crosses One Million customer mark Globally.

TallyMillion Celebration of Million customer win by Tally
On May 4th 2016 when every partner went on line in their offices or at their home a sweet surprise was waiting for them. ApniTally was also one of them. The surprise was a mile stone which Tally achieved on 3rd of May. Mile stone of crossing One million customer mark globally.  Company announced its One millions customer win by Hash Tag #TallyMillion on it's FB page and all across world Tally partner on social media  shared it.

Started in 1986 with a humble beginning, it took only 30 years to reach 1 million mark. Driven by innovation and cutting edge technology coupled with brilliant Tally Partner ecosystem, now Tally is spread across 100 countries including Middle East & Africa, Asia Pacific and SAARC countries.

Attributing the success to its partners and customers Tejas Goenka, the executive director Tally said, " In our three decade long journey, our customers and partners have contributed immensely to our growth. On this momentous occasion, we thank all our stakeholders for their continued support and commitment towards Tally". See Times of India Report on TallyMillion.

Economic times reported citing IMRB Survey that 88% of the Tally Customers are highly satisfied and 94% are willing to continue on the same software. The survey was conducted with 3500 respondents comprising of CIOs, IT heads and Account heads etc.

Pioneers of codeless accounting system Tally has path breaking remote system and natural language interface.

We at ApniTally with all other 28000+ partners of Tally thank our customers for their support and patronage. it's party time.

Related : How to Buy Online.   How to get free Help on Tally.