We are releasing the new version of VAT Accounting Software Advanta Witty ERP Update 6.0.28. We have improved the VAT reports for Punjab, Haryana, Delhi, Himachal, and Backup/Restore feature. Along with it, we have fixed some known issues.
Software Product:VAT Accounting Software Advanta Witty ERP
Release Date: Friday, April.23, 2010
Release Time: 10.00 AM
Following are the main attractions of new release of VAT Accounting Software:
- Improved Value Added Tax Computation. Added Additional Tax / Surcharge Computations, wherever applicable.
- Improved VAT Summary. Added Additional Tax / Surcharge to Summary, wherever applicable.
- Ask Free Quantity Option in Inventory Voucher is NOT available for Basic Edition and Free Edition. This feature is available for Higher Editions Only.
- Improved Punjab Value Added Tax Form 15. Added Additional Tax / Surcharge in Form 15 as per Government Notifications.
- Improved Punjab Value Added Tax Form 23 and Form 24. Added Additional Tax / Surcharge in Form 23 and Form 24 as per Government Notifications.
- Improved Punjab VAT e Filing. Updated e Filing MS Excel Sheets as per Government Notifications.
- Improved Himachal VAT. Added Tax Classes for 5% Tax Rate in all VAT Forms.
- Improved Batch wise Detail. Now onwards Batch wise Detail Option will Not freeze if user has entered Items. User can ON this option any time even after entering Items and Transactions.
- Added New Option in Feature and Options to Convert Text of a TextField to Title Case. e.g. if User writes ADVANTA INNOVATIONS in a text box, it will auto convert to Advanta Innovations.
- Improved Standard Invoice Formats. Now DL No. of Company and Party will reflect to Standard Invoice Formats provided these values entered in Masters.
- Improved Pending ST Forms Report. Improved Design of Report, Now it reflect Party wise Quarter wise Pending ST Forms. Also Added Quarter wise Summary.
- Improved Haryana VAT Form LS 9 C. Now Retail Sale will reflect in LS 9C.
- Improved Salt wise Stock Transfer. Added a Column for Average Rate. This Report is available in Report > Fertilizer/Seed/Pesticide Menu
- Improved Pending Challan Qty wise Report. Now Report can view for All Parties. This Report is available in Report > Misc. Menu
- Improved Salt wise Summary Report. Added New Options to view Report All/One Party, All/One Series. This Report is available in Report > Fertilizer/Seed/Pesticide Menu
- Improved Outstanding Aging Analysis Report. Added New Options to view Report All/One Party/One City/One Group.
- Improved Haryana VAT Form R1. Improved feature to handle ITC and Carry Forward.
- Improved PDC Process Feature. Added an Option in Day Book / Cash Book / Ledger / Bills Receivable / Bill Payable / Aging Analysis Reports to include PDC Vouchers.
- Improved Batch wise Detail Feature. Now Batch wise Detail in Invoice will reflect on the basis of Option in Item Master.
- Improved Punjab VAT Form 15, Form 16, Form 17 , Form 20, Form 23, Form 31, Form 32 and CST Form 1. Now Surcharge Amount will also reflect along with VAT Amount as per Government Notification.
- Improved Backup and Restore Utility for Multi-User Installation. Now to Backup or Restore will be much faster for SQL Server. Users having SQL Server will have option to take Backup for restoring in SQL Server or MS Access.
- Improved Punjab VAT Form 15, Form 17 and Form 24. Value of Purchase under section 19 & 20 will not include value of Tax Free Items. To exclude Item from Purchase Tax, value of option ‘Purchase Tax Payable’ in Inventory Item Master Should be N.
- Improved Punjab VAT Form 15. Added Extra Row for Surcharge in Worksheet as per e-Filing template.
- Improved VAT Inclusive Calculations. If any Tax/Discount imposed before VAT Inclusive and Surcharge, then calculation of VAT Amount was being calculated wrong. Now Issue has been solved.
We are sure you find these updates useful. Please give your feedback – positive or negative, in comments here. We would love to hear from you about our VAT Accounting Software Advanta Witty ERP.
Stay tuned for more in the coming weeks.