Before starting the blog, let’s talk about corporate tax. According to the UAE Ministry of Finance, a federal corporate tax (CT) was implemented on corporate net earnings. The net income or profit of corporations and other organizations from their business is taxed directly as corporate tax. All businesses operating in the UAE must pay UAE… Read More »
Tally Vs QuickBooks – Tally is one among the unique software that preserves its imaginative simplicity but offers complete business functionalities like Accounting, Finance, Inventory, Sales, Purchase, Payroll, Point of Sales, Costing, and Branch Management alongside compliance the capabilities for Dubai VAT and UAE VAT, Excise, TDS, TCS too! QuickBooks Online is one of the… Read More »
What is TallyPrime? For small and medium-sized businesses, Tally Prime is an all-inclusive company management tool. TallyPrime assists you in managing – Accounting Inventory, Banking, Taxation, Banking, Payroll, and many other tasks so that you may eliminate complications and concentrate on business expansion.. The first thought that comes to a mind when they decide to… Read More »
While running any business, every business engages in a business transaction on a day-to-day basis. It could be other business entities (B2B), or customers (B2C). Further, it may be on a ‘Cash’ or ‘Credit’ basis. And keeping proper track of it is very important to understand the overall health of a business. As a businessperson,… Read More »
TallyPrime Server offers critical services to monitor concurrency of operations to increase user productivity and efficiency, and enhance data security. As the number of simultaneous users increase, the need for security of data and monitoring becomes critical in any business environment. Performance of the systems used for daily operations is another critical aspect. You can… Read More »
You may be a customer who wants to use customization done for your TallyPrime, a TDL developer who do customization using TDL, or a Tally Partner who develop various solutions as per your customer needs. All of you need to know how to deploy your TDLs or Add-Ons (addon/add on) in Tally Prime. This topic… Read More »
Interest is a legitimate return on money invested and chargeable in the business world on loans and also on delayed payments. Interest can be calculated on the basis of Simple or Compound Interest. With Tally.ERP 9 you can obtain reports on interest calculated based on the configurations made. Interest is calculated on outstanding receivables or payables. Enable interest… Read More »
The Cheque Printing option in the Banking menu enables you to print the pending, already printed or the required cheques continuously from a single screen. You can also update the cheque details and have track of cheques to be printed, of a selected or all banks. Accessing Cheque Printing 1. Go to Gateway of Tally > Banking > Cheque Printing . The Select Bank screen displaying the List… Read More »
Tally Prime’s Simplified Security and User Management System Business in UAE requires many managements comprising banking, payroll, inventory and taxation. Managing everything manually is a complex task and may lead to mistakes and errors. TALLY PRIME UAE comes with the solution of business management software for all types of business. While managing the data, there… Read More »
Just like each business is unique in a way it functions and operates, viewing reports too has a similar need. The information one would want to view in a report may differ from one user to another, even though the report is the same. Different users would like to view it differently in a way… Read More »
Upgrading to Tally.ERP 9 Release 6.6.3 is fairly simple with Tally Software Services and Support of Penieltech. We urge you to go through the FAQ section before you upgrade! Install Tally.ERP 9 Release 6.6.3 ● Renew your TSS Subscription (for Tally.ERP 9 users whose TSS has expired). Users with a valid TSS Subscription will be able to use the licensed… Read More »
You can record a payment made to the GCC VAT authorities using a payment voucher. Other payments made to the authorities, such as interest and penalty, can also be recorded using this voucher – Tally UAE 1. Go to Gateway of Tally > Display > Statutory Reports > VAT > VAT 201 . 2. Click S : Stat Payment . In the Stat Payment Details screen. 3. Retain or change the Period From and To dates. 4. Select the Payment… Read More »
The employee master in Tally.ERP 9 can be used record all employee-related information. You can capture not only general information consisting basic details of the employee but you can also enter Payment, Statutory, Expat and Contract details of employees. To enter Statutory related information in the Employee Master, enable the option Show Statutory Details in the Payroll Configurations screen. When… Read More »
Tally.ERP 9 offers various features that allows you to implement and process payroll. You can use the Payroll Info. menu to create different payroll masters required for computing earnings and deductions for employees. Features ● Full integration with accounts for simplified payroll processing and accounting. ● User-defined classifications and sub-classifications for comprehensive reporting on aspects such as employees, employee… Read More »
