The statutory experience in Tally.ERP 9 Release 5.0 and above is enhanced.
Users working on any release prior to Release 5.0 will have to perform additional steps to successfully migrate the data to Release 5.0 and above.
To migrate data
1. Open data in the new release of Tally.ERP 9. A confirmation message Migrate? appears.
2. Select Yes to migrate.
3. Set Backup before migrate? to Yes to backup data before migration.
To enable creation of tax classifications
1. Go to Gateway of Tally > F11: Features > Statutory &Taxation.
2. Enable the option Set/alter service tax details?.
3. Set the option Define service category and tax details as masters? to Yes.
4. Press Ctrl + A to save.
To activate service categories
1. Go to Gateway of Tally > Accounts Info. > Statutory Info. > Service Categories > Activate.
2. Select the service category used in the data.
3. Press Ctrl + A to accept.
If bill-wise details are not maintained by companies, and tax is computed based on realization, the user must link sales and receipts manually.
To link sales and receipt transactions
1. Go to Gateway of Tally > Display > Statutory Reports > Form ST3.
2. Link the sales and receipt vouchers.
If bill-wise details are not maintained, and if reverse charges and imports apply, the user must link the purchase transactions with the payment to the party manually.
To link sales and receipt transactions
1. Go to Gateway of Tally > Display > Statutory Reports > Form ST3.
2. Link the purchase and payment vouchers.
'Migrating Data prior to Release 5.0 to new Releases (Service Tax)' has been shared with
