MCA Compliance
eXtensible Business Reporting Language (XBRL), is a common reporting language used globally for reporting the Financial Statements in a common format. It is an electronic communication language used to exchange business reporting data for various purposes like analysis of information, financial decision making and comparisons using the computer platforms. The need for a common reporting language for financial statements which can be used all over the world has emerged due to globalisation of business operations and XBRL erases the boundaries for reporting purposes.
On June 7, 2011 the Ministry of Corporate Affairs (MCA) of India, mandated the filing of annual financial statements in XBRL format for all the financial statements prepared for the financial year ending on or after March 31, 2011.
The MCA Reports feature is introduced in Tally.ERP 9 to generate report for standalone or consolidated companies. The MCA Reports can be generated in four simple steps:
The Financial and Non-Financial Information (applicable) need to be provided for both the Current Year as well as Previous Year. If any element is having values in the Current Year, it is mandatory to enter the corresponding Previous Year value for the same element.
Note: The above Rule is not applicable if the company is started in the current year.
All the Mandatory information fields are to be filled compulsorily without leaving them Blank. All the Mandatory information requirements are consolidated through a button "Mandatory Information" which is accessible from List of Accounts Menu under MCA Reports.
All the Non-Financial Information is to be filled wherever it is applicable and whichever values are applicable. Under this non-financial information also, there are some mandatory fields that requires values if corresponding value is available.
This information is notified in respective screens that are given for the user inputs for additional information.
After completing all the above three steps, the instance documents are to be generated and then validated as per the MCA Validation Tool provided for this purpose in the website - www.mca.gov.in\xbrlMCA Reports
On Completion of above steps, the following reports can be generated as per MCA Taxonomy in XBRL format:
Balance Sheet to display Sources and Application of Funds (vertical format) or Total Assets and Liabilities (horizontal format) and Cash Flow Statement in Direct or Indirect Methods..
The Instance Document generated from Tally.ERP 9 can be validated using the MCA XBRL Validation Tool (Version 1.1.1). On successful validation and completion of pre-scrutiny, the instance documents can be uploaded to MCA website.
Note: The XBRL feature is available by default with Tally.ERP 9. For generating MCA reports the subscription rates are as follows:
1. Till March 31, 2012 - Zero rate with Tally.Net subscription.
2. From April 1, 2012 - Users have to subscribe for MCA Reports Service in addition to Tally.NET which will have the validity period as that of Tally.NET.
1. General Enhancements
The changes in Add-on details page are done for better user experience.
The cross upgrade of Tally.ERP 9 is supported from Control Centre.
The functionality of Search is powered with the following enhancements:
Pagination during key word search. If there are more than 50 results, only 50 add-ons get listed.
If the search is performed for single add-on only one add-on gets displayed.
On entering the ID the relevant add-on appears.
If the search results in Zero add-on, the feedback form gets displayed.
In Split Verifier the payroll voucher inadvertently recorded in payslip mode gets corrected without affecting the accounts.
2. Functional Enhancements
The name of Orissa state is changed to Odisha. The changed name gets listed for selection of state in Company Creation screen, party ledger masters and Company VAT Details screen.
Note: The change of State Name to Odisha is supported only from Tally.ERP 9 Series A Release 3.3 with Stat.900 version 159 onwards.
In the F12: Configuration of Ledger Vouchers and Voucher Register, the options specific to these reports are provided.
In the Invoice Print Configuration of excise sales invoice, the voucher date is captured in Date field.
On selecting duty payable ledger in excise credit note, the excise duty gets calculated on the excise purchase value.
The Excise Helper button (Alt+L) is provided for adjusting Advance Excise duty paid against excise duty payable in journal voucher using voucher class by selecting the flag - Adjustment Towards Advance Duty Paid.
The facility is provided to account for PLA opening balance and the value will be captured in all the excise reports.
As per the amendment in the Budget 2011 for Mini Cement Plant Manufacturers, the functionality is enhanced to calculate Excise duty per unit i.e. Per Metric Tonne in addition to Basic Excise Duty @ 10%.
A new provision is made available in Excise Purchase Invoice to select a party ledger in the Party Details screen using M: Party List button (Alt+M). The name of this party ledger and the respective excise details will be captured in RG23A Part I, II, Annexure 10 and CENVAT Availment Register.
The provision to select party ledger in Party Details screen using M: Party List button is provided for Excise Purchase Order, Excise Receipt Note, Excise Sales Order, Delivery Note.
The nature of purchase - Removal as such is provided in Excise Debit Note to record return of exciseable stock to supplier.
In excise purchase invoice, the facility is provided to select party ledger in Consignee field of Party Details screen using M: Party List button.
In F12: Invoice Printing Configuration screen of Excise Purchase Order, Sales Order, Delivery Note and Receipt Note, the option - Print Additional Description(s) for Item Name is provided.
The facility is provided to select party ledgers in:
Despatch To field of Party Details in excise purchase order and sales order.
Consignee field of Party Details in excise receipt note and delivery note.
In Material Out voucher print-out, the Invoice No. is renamed as Challan No.
Effective
from July 1, 2011 the per day
eligibility for Employee’s contribution towards ESI
is changed from 
70 to 100. The
functionality is enhanced to support the calculation of employee’s contribution
as per the changed eligibility criteria.
The provision to enter service tax registration number and date is provided in Bank Ledger master. In the ledger grouped under Bank Accounts, the field - Is Service Provider/Receiver is provided. On setting this to Yes, the option - Set/Alter Service Tax Details appears which has to be enabled to view the Service Tax Details screen. Here, if the Service Tax Registration number is entered, the date of registration can be specified.
The facility is provided to modify the tax amount while recording the purchase and journal voucher to ensure that the value matches with the bill received from the supplier.
In a remotely accessed data, the facility of Realising the Plain Advance in Purchase or Journal voucher is provided for Tax on Service Received & Import of Services.
In Service Tax reports the facility is provided to view the entries in Display mode using Alt+Enter key combination.
On recording sale of Consulting Engineering Service from persons registered as Individuals, Proprietary Firms and Partnership Firms, the tax will be calculated on the Basis of Realisation as per the Point of Taxation (Second Amendment) Rule.
For availing input tax credit for which the assessable value is not known, the functionality is enhanced to fetch only the tax amount.
For sale of services recorded after July 1, 2011, if tax paid to department is recorded and then a credit note is raised for cancellation of full/partial service, the amount paid gets displayed for adjusting against further payables in journal voucher on using the flag - Tax Paid But Service Not Rendered Rule 6(3) Adjustment.
In Ledger Contact Details screen, the field Service Tax Regn No. is provided to display the service tax registration number entered in the party ledger master.
In F12: Configuration (journal, purchase and credit note voucher) the option - Allow Alteration of TDS Assessable Amount is provided to adjust partial advance amount towards TDS liability while booking expenses in journal, credit note and purchase voucher.
3. Auditors’ Edition
The date and time of audit note entered by auditor for each of the audit status and clarification given by client can be viewed for Verification of Vouchers, Related Party Transactions, Forex Transactions, MSME Transactions and Salary/Wages Payments by enabling the option - Show Date and Time in F12: Configuration.
For Auditors' Client under Statutory Audit Info, the facility is provided to change the Holiday Configuration period.
To navigate between Statutory Audit and 44AB Audit (Tax Audit):
44AB Audit is listed under Audit Report (Alt+F10) of Statutory Audit and
Statutory Audit is listed under Audit Report (Alt+F10) of 44AB Audit (Tax Audit).
In the Stale Cheques/Instruments report:
The Validity period entered/changed using F6: Validity Period button is retained (up to Statutory Audit Main Screen).
The Stale Cheques/Instruments column is renamed to Total Vouchers.
Under Verification of Balances, Balance Variance and Verification of Opening Balance reports sorting option is provided in F12: Configuration. In all these reports negative values are shown within brackets instead of negative sign.
In the F12: Configuration of Verification of Balances, the option - Show Ledger of Following Types is defaulted to Non-Revenue.
The N: Dly Negative Stock button (Alt+N) is provided in Verification of Stock Items report to view the list of stock items having negative stock on any Day during the audit period and F6: Dly Brk-up button to view the Daily Breakup of negative stock item.
In F12: Configuration of Audit Working Paper, the options get hidden or displayed based on the configurations set.
Under Audit Working Paper the facility is provided in F12: Configuration to filter notes by Audit/Verify Status.
The audit period for Statutory Audit and Tax Audit gets displayed based on the date of last voucher entry. For example, if the company data is from 2007 to 2011 with the last voucher recorded in:
March the audit period is captured as 2010-11.
Other than March month, the audit period is captured as 2009-10.
In Schedule VI Profit & Loss Account, the flexibility is provided to move income groups/ledgers to expense groups/ledgers and vice versa.
1. General Issues
Auto Backup
For data located in network if the auto-backup location was specified and the TABK file was restored in local hard disk, the backup versions were increasing.
This issue has been resolved.
After saving the entry if the category of employee was changed and then data was split, the error message - Cost Centre does not belong to Cost Category was not being displayed in Split Verifier.
This issue has been resolved.
In the data splitting process, if the entries with error message - Voucher Totals do not match were rectified, saved and if verified again, the number of errors rectified were being displayed in the list of possible errors.
This issue has been resolved.
In the data splitting process, the error message - Cost break-up total does not match for ledger was being displayed.
This issue has been resolved.
On splitting the data comprising of more than 99,000 vouchers and 39,000 cost centres the application was getting hung.
This issue has been resolved.
In the data rewriting process, the data was getting duplicated in User Defined fields (UDF) for batch allocations in stock item master.
This issue has been resolved.
After recording 9,200 vouchers on a single day, if another voucher was added to it for the same date the error message - Out of Memory was being displayed.
This issue has been resolved.
In the server machine if data was exported and imported in SDF format and then an entry was recorded using remote login, the transaction was not getting saved.
This issue has been resolved.
When Tally receives a XML - SOAP request in Version 1 format and Tally fails to process the request it was sending an invalid XML Response.
This issue has been resolved.
The time consumed for opening the Buy Form and items in Top Categories was more.
This issue has been resolved and performance is optimised.
In License Mode, the Account Details were being captured but the Pin Code was not getting set as a default number.
This issue has been resolved.
The auto-update of license was not happening if the Serial Number was used while shopping.
This issue has been resolved.
The option - Change Country was not working in Tally Shop.
This issue has been resolved.
If the purchase of add-on had failed initially due to wrong currency or duplication in selection of add-ons, the auto-update of license was not happening even though the error was rectified after successful purchase.
This issue has been resolved.
On navigating to any category using the More buttons displayed under Top Categories and using Alt+O key combination, the top category order was being displayed incorrectly.
This issue has been resolved.
While selecting ledger to record voucher in any Indian regional languages available in Tally.ERP 9, the language settings changed to system keyboard were not being retained.
This issue has been resolved.
The time taken is reduced and performance is optimised for:
Changing from one payment voucher type to another
Creating ledger from voucher mode or single entry mode.
The time taken to display Sales Order Outstanding from any stock group is reduced and performance is optimised.
In display mode of the selected price list if there were huge number of stock items, the error message - Out of Memory was being displayed.
This issue has been resolved.
In the Cost Centres menu of Statement of Accounts, the error message - Out of Memory was being displayed on selecting:
A Group to view the Cost Breakup of Group screen.
Cost Centre Breakup to view the Breakup of Cost Centre screen.
This issue has been resolved.
On altering price list comprising of more than 3,000 stock items, the error message - Out of Memory was being displayed.
This issue has been resolved.
In a company enabled for Statutory compliance of United Kingdom, if VAT Analysis report was generated for one year, the error message - Out of Memory was being displayed.
This issue has been resolved.
In a data comprising of more than 750 ledgers, if a journal voucher was altered by accessing it from client end, the error message - Out of Memory was being displayed.
This issue has been resolved.
In split verifier if auto allocation was being performed to rectify the error - Cost Centre does not belong to Category, the error message - Out of Memory was being displayed.
This issue has been resolved.
In Bank Reconciliation Statement if there were more than 12,000 opening unreconciled vouchers and reconciliation was done for 50 vouchers, the error message - Out of Memory was being displayed.
This issue has been resolved.
The performance and memory is optimised for Split Verification of Data process.
In data consisting of more than 55,000 cost centres in which many were interlinked the time taken for creation of new cost centre was more.
This issue has been resolved.
While generating TDS Computation report in data comprising of huge volume of transactions, the error message - Out of Memory was being displayed.
This issue has been resolved.
During voucher entry if the ledger selected had more than 12,000 bill reference for opening balance, the time taken to display the table of bills for selection was more and while saving the entry the error message - Out of Memory was being displayed.
This issue has been resolved.
The time taken to generate Excise Computation report was more when the data had huge volume of transactions.
This issue has been resolved.
On accessing security enabled data configured to disallow alteration of vouchers remotely for printing payment voucher from Voucher Display screen (using Alt+Enter key combination) of Day Book, the complete ledger details were not being displayed in printed form.
This issue has been resolved.
During voucher entry, if Esc key was used after display of second query window, the error message - Memory Access Violation was being displayed.
This issue has been resolved.
The information, Password (Medium prompt) displayed as Old Password while deactivating Security Control.
This issue has been resolved and the current/existing password is being displayed.
The LastSyncDate method of object Server Rule was not accessible in Display mode.
This issue has been resolved.
During Synchronisation of two data having different base currency and stock items for which only the quantity was specified, the error message - Memory Access Violation was being displayed.
This issue has been resolved.
While synchronising data of companies having different currencies, the amount allocated to cost centres were not getting rounded-off and the process was being halted with an error message.
This issue has been resolved.
2. Functional Issues
In the data migrated from Release 2.1 to Release 3.2, if there was VAT ledger grouped under Duties & Taxes with the option - Inventory Values are affected set to Yes, the same option was getting enabled for newly created VAT ledgers in migrated data and cursor was skipping this field.
This issue has been resolved and the provision to disable the option - Inventory Values are affected is provided. Once this option is disabled, it cannot be enabled again.
On printing Reminder Letter for Group of Ledger Accounts of Outstandings menu navigated from Multi Account Printing, the amount captured for first ledger was being displayed for all ledgers if the option - Include Post Dated Transactions was set to Yes in Printing Ledger Outstanding screen.
This issue has been resolved.
In a journal voucher if three ledgers were selected and narration was entered for each of them, the narration of only the third ledger was being displayed in Day Book.
This issue has been resolved and narration entered for all the three ledgers are being displayed in Day Book.
In the Print Report screen of Cash or Bank ledger viewed from Account Books menu of Multi Account Printing, if the options were configured to include opening balances, start fresh page for balancing with method of balancing set to daily or monthly, the closing balance of a particular day or month was not being displayed as the opening balance of the subsequent day or month.
This issue has been resolved.
In Ledger Vouchers columnar report generated from client machine, the columns provided for value, gross total, purchase ledger, input VAT ledger and round-off were blank.
This issue has been resolved.
In Sales Register if F5: Columnar button was used and all options were enabled to generate columnar report by setting the Type of column to All Items (automatic columns), few columns were not being displayed.
This issue has been resolved.
On printing the Group Vouchers report for Indirect Incomes from Trial Balance, the opening balance was not being displayed in the print-out.
This issue has been resolved.
In a sales invoice recorded using voucher class inclusive of tax, if negative value was entered the voucher was not getting saved.
This issue has been resolved.
In a cash payment voucher if stock items were selected for the party ledger in which the field - Inventory Details are affected was enabled and in F12: Payment Printing Configuration the option:
Print Inventory Details was set to Yes, the stock item details were not being captured in printed form.
Print Bank Transaction Details was set to Yes, the Bank Transaction Details section was being displayed in the printed form.
This issue has been resolved.
In a payment voucher if the party ledger selected had the option - Inventory Details are affected enabled in ledger master, the tracking number entered in Receipt Note against which the payment is being made was not getting listed.
This issue has been resolved.
In the alteration screen of payment voucher recorded in double entry mode by selecting two pay heads with cost centre allocation, the error message Memory Access Violation was being displayed if the ledgers debited were changed to credit.
This issue has been resolved.
In the F12: Journal Printing Configuration of journal voucher, if the option - Print Narration for each entry was set to Yes or No while printing, the entry was getting printed based on the configurations set for Payment voucher.
This issue has been resolved.
The banking vouchers were not getting re-migrated even after performing force migration using the key combination - Alt+Ctrl+M.
This issue has been resolved.
On duplicating the payment voucher recorded by selecting Bank ledger enabled for cheque printing, the voucher was getting duplicated twice.
This issue has been resolved.
The bank date entered in Bank Reconciliation screen was not being saved if the ledger allocation was made to non-bank ledger. Also, the bank and non-bank ledgers were being displayed in the Bank Reconciliation screen.
These issues have been resolved.
After recording an excise purchase invoice with two or more stock items if excise debit note was raised for the second stock item, the duty value of first item purchased was also getting displayed in the debit note print-out.
This issue has been resolved.
On recording Excise sales with CST ledger, the CST amount in words was not being printed in Rule 11 Invoice.
This issue has been resolved.
In Excise purchase invoice if the stock item predefined with special excise duty of three decimal places was selected, incorrect amount was being displayed in Mfgr/Importer Duty Amount column of Excise Details sub-screen.
This issue has been resolved.
While exporting the Closing Quantity of the previous year from huge volume of data, the error message - Out of Memory was being displayed.
This issue has been resolved.
On migrating data from lower versions to Release 3.0, the cheque numbers stored using the UDF Tariff Type was lost.
This issue has been resolved.
The UDF Tariff Type used for storage is renamed as ExciseTariffType.
In an Excise Sales voucher type predefined with Default Print Title if transaction was recorded and printed from Voucher Display screen of Day Book, the invoice title was being captured as Excise Invoice.
This issue has been resolved and the text entered in Default Print Title field of Excise Sales voucher type gets displayed as the title in the printed invoice.
On selecting different godowns in both the manufacturing journals and generating Daily Stock Register for the month subsequent to the transaction date, quantity consumed from both godowns was being clubbed and displayed as opening balance of each godown.
This issue has been resolved.
On printing the excise purchase/sales invoice recorded with CST, the CST amount was not being captured in Words.
This issue has been resolved.
In Daily Stock Register generated for the period subsequent to the month in which stock items enabled for MRP valuation were used for recording entries at different MRP rates for each day of the month, the MRP entered on first day was being captured for all days.
This issue has been resolved.
In two excise purchase invoices recorded for purchase from different parties, if same supplier invoice number was entered for both the invoices, the CENVAT Balance was being displayed with a negative sign in Excise Computation report.
This issue has been resolved.
The additional description entered for ledger name while invoicing was not being printed in Excise Invoice.
This issue has been resolved.
In the alteration mode of excise sales invoice, the address details entered manually in Party Details screen was not retained and the address stored in the ledger master was being displayed when the invoice was viewed again.
This issue has been resolved.
For Excise Duty ledgers, if rounding-off option was enabled, the duty value displayed in the invoice and Statutory Details screen were not matching.
These issues have been resolved.
In an excise sales invoice, if the stock item predefined with MRP based Valuation Type or additional expense ledger was selected, the assessable value in Daily Stock Register - Tariff wise report was being displayed incorrectly.
This issue has been resolved.
The S: Schedule VI button (Alt+S) was being displayed in buttons bar of Balance Sheet for data having Statutory Compliance for countries other than India.
This issue has been resolved.
The time consumed to record a stock journal from client system was more when the company was enabled to maintain multiple godowns and job costing.
This issue has been resolved.
The option - Skip Co-Product/By-Product/Scrap Stock Item of F12: Stock Journal Configuration was not working if more than one manufacturing journal voucher types were used for recording the entries.
This issue has been resolved.
On altering the quantity of finished goods in manufacturing journal, the quantities of component items were not getting refreshed.
This issue has been resolved.
The HRA exemption as per Computation and Form 16 was not matching when the monthly exemptions varied from one month to another.
This issue has been resolved.
The Income Tax Computation report was showing incorrect monthly TDS value if the employee’s resignation date was in the future year.
This issue has been resolved.
For calculation of income tax, the income earned from previous employer was not being considered when entertainment allowance was not included in it.
This issue has been resolved.
There was restriction on the number of characters entered in Tax PAN/NI field of Employee Master for Companies predefined with statutory compliance for countries other than India and UAE.
This issue has been resolved and any number of characters can be entered in Tax PAN/NI field of Employee Master as per the statute of the respective countries.
The value of salary advance recorded in journal voucher was not being considered in ledger balance while recording payroll voucher using auto-fill option.
This issue has been resolved.
In a Price List created for two stock items - one with and the other without alternate unit by defining the rate, the rate entered for alternate unit was not being displayed in alteration mode.
This issue has been resolved.
After defining price level for 80 stock items if another item was selected, the error message - Out of Memory was being displayed.
This issue has been resolved.
All stock items were being listed in the table while creating Price List.
This issue has been resolved.
On creating price lists for different dates in a single month, the Historical Date was being displayed incorrectly.
This issue has been resolved.
After recording a Sales Order, if it was tracked to a cancelled sales invoice, the order details were not getting tracked.
This issue has been resolved.
On tracking the sales order to a cancelled sales invoice/delivery note, the item details were not being displayed.
This issue has been resolved.
In the alteration mode of cancelled sales invoice, the price level was not being displayed if the same was predefined in the party ledger master.
This issue has been resolved.
In two instances of Tally.ERP 9 opened to record sales using voucher class for a single company, if sales using stock items was not saved in the first instance but the POS invoice in the second instance was saved, the error message - voucher number is already in use was being displayed while saving the first sales invoice and stock items were vanishing.
This issue has been resolved.
On recording advance payment entry and adjusting towards GTA Service/Import, the Service Tax Realisation screen for the transaction was not being displayed if the transaction was recorded after June 30, 2011.
This issue has been resolved.
Only after re-accepting the GAR 7 payment entry recorded using Stat Helper button, the payment details were being captured in Form ST-3.
This issue has been resolved.
On adjusting Excise duty payable against Service Tax Credit, the amount of service tax, education cess and secondary education cess was being displayed incorrectly in data having huge volume of transactions.
This issue has been resolved.
After recording a single payment entry for paying multiple GTA bills, few bills were being displayed as Pending bills in Service Tax Payable report in data having huge volume of transactions.
This issue has been resolved.
The value of credit note raised against the sales recorded after July 1, 2011 was being added to the sale value in Service Tax Computation report.
This issue has been resolved.
In CENVAT adjustment and Input Credit Adjustment entries, the references of GTA/Import were being displayed as input credit if the adjustment entry was recorded on a date prior to liability generation.
This issue has been resolved.
In a data if party ledgers initially grouped under income/expense were re-grouped under debtor/creditors and migrated from lower versions of Tally.ERP 9 to higher version, the party ledger sub-form in journal voucher was not being displayed and the cursor was getting stuck.
This issue has been resolved.
For Sales/GTA/Import transactions recorded for small value, even after paying tax to the department, the amount was being displayed as balance to be paid in Service Tax Payable reports.
This issue has been resolved.
On recording
two or more part payment or Input Credit Adjustment entries against service
tax payable, a difference of 1 was being
displayed in Service Tax Payable (Realisation
Date-wise) screen.
This issue has been resolved.
In the alteration screen of party ledger enabled for service tax, if F11: Features button was used to enable VAT/Excise/TDS from Statutory & Taxation screen, the option - Is Service Provider/Receiver was being set to No.
This issue has been resolved.
In Tally 9 if a sales entry was recorded in voucher mode for sale of two services and the data was migrated to Tally.ERP 9, the service tax amount was getting doubled and displayed.
This issue has been resolved.
On re-accepting the GTA payment entry recorded without using Stat Helper button the value was being doubled and displayed in Tax on Service Received report.
This issue has been resolved.
The GAR 7 advance payment was being displayed as Paid Bills in the Bill Date wise report only when the options in F12: Configuration were configured as given below:
Range of bills was set to All Bills and
Show Tax on Services Received/Import Tax Bills was set to Yes.
This issue has been resolved.
On recording entries for Professional Receipts / Payments, the tax values were not being displayed in Service Tax Details screen.
This issue has been resolved.
In the Form 27D reconciliation screen of Ledger Voucher report navigated from Account Books menu, the alignment was incorrect and additional fields were displayed on cursor movement.
This issue has been resolved.
In NRI
party ledgers if PAN was not provided
and the transactions crossed the exemption limit of 1 crore, the
surcharge amount was not getting
calculated in the subsequent entries.
This issue has been resolved.
The value of purchase transaction recorded by selecting TDS duty ledger even before crossing the exemption limit were not considered for TDS exemption limit.
This issue has been resolved.
For NRI party if PAN was not defined in ledger master and transactions exceeding one crore were recorded the value was displayed as excess deducted in TDS Computation.
This issue has been resolved.
On completion of force migration, if the key combination - Ctrl+Alt+M was used again, the migration progress bar was being displayed.
This issue has been resolved.
In sales invoice recorded using voucher class, if multiple MRP items tagged to different VAT/Tax class were selected and the MRP of one of the item was removed, the VAT amount was getting doubled.
This issue has been resolved.
In the F12: Configuration screen of Forms Receivable/Issuable report generated for account groups, if the options - Show All Vouchers and Sort by Party was set to Yes and C Form was selected in Show Vouchers of field, the error message - Out of Memory was being displayed.
This issue has been resolved.
In a composite VAT enabled company if the purchase entry is recorded for two different rates with additional tax, incorrect values were being displayed in VAT Composition Computation.
This issue has been resolved.
In the F12: Configuration of VAT Computation report if the option - Show VAT Analysis was set to Yes, the penalty paid in a previous month was being displayed as payable in the subsequent month.
This issue has been resolved.
After recording payment entries for interest and penalty, if VAT Computation was generated for a particular period by setting the option - Show VAT Analysis to Yes in F12: Configure and then the period was changed, the application was crashing.
This issue has been resolved.
In VAT/CST Registers, the title printed in the second page was not matching with the first page.
This issue has been resolved.
The value of entries recorded using VAT/Tax class - Sales - Zero Rated was not being captured in Sales Register.
This issue has been resolved.
In sales invoice recorded from client machine, the additional tax / surcharge / cess was not getting calculated automatically.
This issue has been resolved.
3. Auditors’ Edition
The option to enter notes to Notes to Accounts was getting displayed even when there was no provision to print it in Balance Sheet and Profit & Loss Account.
This issue has been resolved and the option to enter notes to Notes to Accounts has been removed.
In Verification of Chart of Accounts, the first voucher date was being displayed against the title - Last Voucher Date under Only Balance Last Year and Used in Current Year status columns.
This issue has been resolved.
The balance in discontinued ledgers displayed in Schedule VI Balance Sheet and Profit & Loss A/c was not being captured on printing Financial Statements with schedules in detailed mode.
This issue has been resolved.
In a company having data for more than two years, the vouchers of previous year were not being displayed under Ledger monthly summary of Periodic Payments report.
This issue has been resolved.
In Fixed Assets Analysis report the key combination - Ctrl + Enter used for altering vouchers was not working.
This issue has been resolved.
After enabling security control through Audit & Analysis menu, the Audit/ Note by details were not being captured at the first instance under Audit Working Papers.
This issue has been resolved.
In a company having data for multiple years, the system audit period was being considered as the default Period for holiday configuration even after changing the period in Audit & Analysis Dashboard or Transactions on Holidays report.
This issue has been resolved.
The receipt vouchers were not being considered in Highest and lowest Value Transactions report.
This issue has been resolved.
In the Audit Working Paper screen of a remotely accessed Company:
The voucher note was not being displayed when it was generated from Ledger Voucher report.
The ledger’s group was not being displayed under Group Name column.
This issue has been resolved.
The performance of application while doing Audit/Verify with Copy to Working Paper feature is optimised.
In Pending Advances report, the column title displaying closing balance was being displayed as Closing Closing.
This issue has been resolved and the column title is renamed as Closing Balance.
In Audit Documentation, the report was titled as Accounting Standard Checklist instead of Accounting Standards Checklist.
This issue has been resolved.
On changing the audit period of a company having data for multiple years using F2: Period button, the Previous Year Period was not getting changed.
This issue has been resolved.
In a remotely accessed company data, the Sampling Methods - Benford Analysis and Amount Range were not being displayed.
This issue has been resolved.
In the voucher drill-down report of Statutory Compliance the Verification Note, Verified By and Clarification columns were not properly aligned at the client’s side.
This issue has been resolved.
During the audit of Related Party and MSME Transactions of a company having data for multiple years, if the audit date and period were of two years, the vouchers of all the years were being displayed. Also the vouchers having bill references of previous year were available for audit.
This issue has been resolved and the vouchers having bill references to transactions considered for the current audit period gets displayed but will not be available for audit.
In the Ledger Balance Variance report, the ledgers without balances were being displayed.
This issue has been resolved.
In Auditing & Assurance Standard checklist, the column title was displayed as Assurace instead of Assurance.
This issue has been resolved.
Under Schedule VI Profit and Loss A/c if the Company having data for two or more years was loaded, the Appropriation entries of previous year were not being displayed under Previous Year column.
This issue has been resolved.
On exporting the data of reports in Excel format, the negative values shown within brackets were being captured as positive values in the output file.
This issue has been resolved.
The vouchers marked as On Hold were not being displayed under Unaudited Vouchers column in the drill-down reports of each clause in Annexure to Form 3CD screen.
This issue has been resolved.
The Tax Audit's audit period was not being considered based on last date of voucher in the month of March.
This issue has been resolved.