Friday, April 20, 2007

Tally for Medicine Shops - Wholesellers & Retailers

Tally announced long ago that it is launching the Tally Chemist software for medicine wholesellers and retailers.

While it is still nowhere on the horizon, we have come up with a customization module to cover a small gap in Tally due to which medicine dealers are not able to use Tally.

Although Tally supports Batches, there is no facility to enter manufacturer name of a batch.

We have given this facility in our customized module, so that you can enter manufacturer name when you purchasing some medicine, and the same will get automatically carried when you prepare a Sales invoice for the same medicine and batch.

Other features of this module: separate field for medicine packing like 100 ml or 500 ml, so you can create 2 stock items with same medicine name but different packing. Display of MRP & Free Quantity in the printed invoice in separate columns (not separate lines).

If you are interested, drop me a mail with your contact details.

Golden Opportunity to Buy / Sell Tally

April 2007 - Tally has decided to increase the price of Tally 9 Single User and Multi user software.

Last time when Tally increased the price of Tally 7.2 as a marketing gimmick to hurry the sales of Tally, the increased price rise never came into effect and only served to push the undecided buyer into buying Tally immediately.

Because a lot of dealers were holding stocks, they continued to sell Tally at old prices only, offering "discounts" on the new revised MRP.

However, this time it is learnt that there is very limited stock of Tally 9 in the market, and the price rise will come into effect sooner than later.

Already the distributors have increased the prices by Rs. 1000 in some cases, and the prices are going to rise even more in the coming weeks.

So this is a golden opportunity to sell Tally, if you can pick whatever stock you can, at the old rates. Also, this is a golden (last) opportunity in a sense for the buyer, coz after that, for the forseeable future, Tally will come at a higher rate.

Sunday, April 1, 2007

Excise on Opening stock in Tally 9 Release 1.1

Tally 9 is enabled with Excise for Dealers. However, there is one caveat.

There seems to be no straightforward option to enter the excise purchase details of opening stock.

Here is the workaround:

1. On 1st April, pass a Purchase invoice in Tally showing the full purchase as per the original bill. While entering Supplier's Bill No. and Date, enter the correct Date which can be back-dated.

2. Consolidate all the sales which you have made out of the items purchased, and pass a single Sales invoice on 1st April with Party Name as Cash.

3. The side-effect of 1 and 2 above will be that Sundry Creditors will increase and Cash will also increase. To counter that, pass a normal Debit note for the Sundry Creditor and Credit Note for Cash (dont use Invoice Mode, i.e. dont give Stock Item details).

4. Now when viewing the Purchase and Sales Register, the entries created in 1 and 2 above will need to be hidden using Alt-R.

Of course, this is a stop-gap solution until Tally comes up with a proper solution in a future release.

If you have any better approach, feel free to post here.