● The List of Interest Bills in the Interest Details screen of the credit/debit note did not get refreshed when,
o A party ledger was selected by enabling Calculate Interest Transaction –by-Transaction, and
o The date of the credit or debit note was modified using F2: Date in creation mode after selecting the interest bill from the Interest Details screen.
This issue is resolved.
● When a credit or debit note was recorded against an interest bill, the interest bill continued to appear on the same date, even after the interest was generated. This issue occurred when
o Calculate interest Transaction -by -Transaction is enabled in the Interest Parameters screen of the party ledger.
This issue is resolved.
● The credit and debit amounts did not match in the Voucher Register extract report when a sales/purchase transaction was recorded in any mode (Acct/Invoice mode or As Voucher) by
o Selecting a ledger grouped under Bank OD A/C as Party’s Name in Acct/Invoice mode), or
o Crediting or debiting the ledger in voucher entry mode.
This issue is resolved.
● The alignment of data in a printed invoice was improper, when the number of columns are increased in the invoice.
This issue is resolved.
● An option to specify Type of Copy is available while printing a voucher in display mode.
● The print title of an optional sales invoice was Tax Invoice instead of PROFORMA INVOICE. This issue is resolved.
As per Union Budget of financial year 2016-17, the following revisions are supported, with effect from April 01, 2016:
● Change in Slab Rate of Surcharge from 12% to 15%.
● Change in Slab Value of Tax Rebate U/s 87A from Rs. 2,000 to Rs. 5,000.
● Change in exemption limit of Interest on Housing Loan from Rs. 1,00,000 to Rs. 50,000.
● Creating or altering journal vouchers that include 100 or more ledgers is much faster now.
As per Union Budget of financial year 2016-17, the following nature of goods are introduced:
● Sale of Motor Vehicle: Attracts 1% TCS if the value exceeds the threshold limit of Rs. 10,00,000.
● Sale in Cash of Any Goods (Other Than Bullion/Jewellery): Attracts 1% TCS if the value exceeds the threshold limit of Rs. 2,00,000.
● Providing of Any Services (Other Than Ch-XVII-B): Attracts 1% TCS if the value exceeds the threshold limit of Rs. 2,00,000.
A language capability is introduced to allow the formatting of cell properties, Width and Text Wrap, while writing/updating to an Excel file using File I/O approach.