Tally.ERP 9 Release 5 offers you a wide range of product enhancements aimed to make business management far easier and simpler for you. Release 5.1.2 is the latest release under the Tally.ERP 9 Release 5 series and includes the product improvements from Release 5.0.

Please note that Release 5.1.2 is applicable for selected states within India. Please refer to the ‘Key points to note’ for more information. The subsequent releases will provide the VAT forms for other states/countries. We strongly recommend users from all other states/countries to download the release only after the VAT forms for their respective regions are launched.

The key highlights of the release are the following:

1. Powerful and simplified statutory functionality brings to you the best solution to manage your taxation in the simplest and most efficient manner. Release 5 gives you the experience of a hand-prepared return with intuitive intelligence designed to help you generate 100% accurate returns in a matter of minutes. With Release 5, you enjoy the complete flexibility to configure tax rates and classifications as applicable to your business as well as a simple and easy experience to record transactions. What’s more, it also enables you to save your finalized returns which will help you to either modify them or prepare revised returns as appropriate.

Migrate to Tally.ERP 9 release 5.1.2 quickly with the all new Tax Rate Setup tool. Easily view and specify VAT rates and excise tariffs, and start recording transactions in no time at all. Using the Tax Rate Setup tool ensures maximum productivity in business operations by making the entire process of setting VAT or excise tariff rates effective, and quick.

2. On-Demand Data Synchronization that gives you the ability to share information across your locations in a simple, reliable and secure manner, without the need to be simultaneously connected to each other. This completely eliminates the need for intensive and rigid schedules; delivering the benefit of sheer convenience in your hands. Release 5 takes advantage of the Tally.NET Services for synchronization of master information as well as transaction data across locations and ensures that creation, modifications and deletions are appropriately updated.
3. Comprehensive post-dated cheque management wherein you can flexibly track and record post-dated cheques which are automatically regularized on the due date. What’s more, you enjoy full visibility of PDCs issued and received along with their real-time accounts; enabling accurate and informed cash planning.
4. Lighter and Swifter Tally.ERP 9 ensuring a highly optimized system memory usage, hassle free and efficient product update experience delivering only those updates which are relevant to you.
5. One click zero-configuration installer that greatly simplifies the installation process and reduces the set-up time so that you are up & running in seconds.

6. Robust Licensing enables multiple users to use the same single user license to access data, one user at a time.

7. Over 2000 product enhancement & issue resolution requests are addressed to further improve the Product Stability and Completeness.