In Release 5.4, several new features related to VAT applicable for different states, Excise, and other non-taxation areas have been introduced.
VAT● Latest annexures of Tamil Nadu are supported. ● Latest form and annexures are supported for Maharashtra. ● For the states of Bihar and Madhya Pradesh, a brand new user experience for generating VAT returns is provided. This will help to ensure that your returns are an accurate reflection of your books of accounts. ● Latest VAT forms for the states of Bihar and Madhya Pradesh are supported. ● For Gujarat, a completely new user experience and design to generate and export Annual Return Form 205 and Annexure 205A is provided. ● For the states of Delhi, Gujarat, Maharashtra and Tamil Nadu, exception resolution is made faster. You can group exceptions item-wise or ledger-wise, and resolve multiple exceptions instantly. Excise● On popular demand Form RG 23A and C Part I & II, PLA Register, Annexure 10, and Annexure II are reintroduced. Non Taxation● Option to view ledger amounts as Cr/Dr or +/- for Columnar Voucher Register. ● Fixed the MAV error in Sales Bills Pending report which occurred when same stock item was used across sales vouchers with tracking numbers, with billed quantity for the same specified as zero. |
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