How to resolve an error:- “An error (-5006: 0x80070002) has occurred while running the setup”

Most of the times, while installing/uninstalling any application, user gets an error as “An error (-5006: 0x80070002) has occurred while running the setup”. Please refer the below screen shot for the error.

This error generally occurs when terminal server may not be in the install mode. To change/switch the server in install mode, please follow the below process.

To Switch Terminal Services to Install Mode

When you want to add or remove programs, put the Terminal Services server in Install mode. To do this:

1. Click Start, and then click Run.
2. In the Open box, type cmd, and then click OK.
3. At the command prompt, type change user /install, and then press ENTER. The following message appears:
   “User session is ready to install applications.”
4. Type exit, and then press ENTER.
   Now you can add/ remove any application from Control panel. 

Greytrix TDS v2.2 for SAGE 300 ERP

Sage 300 (formerly Sage Accpac ) ERP has flexibility to support the unique needs of multi-site and global organizations. For global organizations with offices in India we have developed a must- needed Tax Solution "Greytrix TDS (Tax Deducted at Source ) for Sage 300 ERP"

Get ready for a First look of our Greytrix 300 (Accpac) ERP with enhanced features. in this version Greytrix TDS ( Tax Deducted at Source) modules will be available in portal with all these features.

Tax deducted at Source is an add-on for Sage Accpac ERP enabling organizations to maintain complex requirements on Tax Deducted at Source and generates reports and forms required by the Central Government including eTDS file. Tax deducted at Source automates your tax deduction calculations under various sections and slabs and provides you comprehensive, accurate and detailed reporting.

Overview of enhancement of Greytrix TDS portal:  

Below Image show the user interface links of Greytrix TDS provided in the Sage 300 Portal.

You can easily Generate TDS related Reports like:

1.       Form 16A

2.       Form 26Q/27Q

3.       Deduction and remittance

4.       TDS challan

5.       E-TDS quarterly return

Lets now see the shortcut navigation tab of Greytrix TDS for Easy access of User Interface in Sage 300 ERP Portal

Now lets look at User Interface of “Nature of deduction” from portal.  User can easily access the entire screen same like earlier version of TDS but with new advanced look.

Do provide us with you feedback/suggestion on sage@greytrix.com . We would be glad to make additions to our existing list.

Reverse Remittance Entry Option in the Greytrix TDS Utility

TDS plays an important role within different sections of Indian Market, and almost every Individual/Company is liable to pay TDS to the government.

The TDS Deduction and Remittance process are easily followed by the Greytrix TDS users but the problem occurs if we need to reverse the TDS once the document is already remitted.

There are several occurrences when we deduct the TDS against a vendor and even selected the document for the Remittance purpose. Now as seen in the below screen shot the document has appeared within the remittance Entry.

Now for any reason if the user wants to remove the Transaction from the Remittance i.e. make the document available for Remittance again.

We have made this option easy in the Greytrix TDS utility, where in we have provided the “Void Remittance” button in our Greytrix TDS utility which will help you to reverse the remittance entry. This feature will make all the documents within the Remittance available for the Remittance again.

Below screen shows the Void Remittance button: -

TDS Cumulative cutoff Deduction

TDS has significant importance in Indian taxation system and every Individual/Company need to pay TDS to government. We are providing a brief explanation on handling of Cumulative Cutoff while operating the Greytrix TDS utility. 

Cumulative cutoff:

 If you check the cumulative cutoff check box then program will consider this section as under cumulative cutoff. You can define cumulative cutoff amount in NOD screen for those TDS section which are belonging from this categories. Refer the below screen shot.

Whenever we define a Nature of deduction with a cumulative cut off section we need to set a particular amount as cumulative cut off limit [refer the below screen shot]. As per the cumulative cut off section rule it says that all the documents which lie below the cumulative cut off amount do not qualify for TDS deduction.

But when any Invoice against the same vendor is created such that the sum of all the previous documents and the current one exceeds the cumulative cut off limit in that case deduction is done on the entire summed up amount.

For example consider VENDOR V0001 is under the NOD which has cumulative cut off section applied against it. Consider, cumulative cutoff amount is RS 30000, in this case if you create 1^st invoice of RS 25000. TDS amount will not be deducted for this invoice. But, if you create a document of RS 6000 then sum of all the documents results in to 31000 and this has exceeded the cut off limit along with the previous document. So, TDS amount would be RS 3100 if TDS percentage is 10.

Note: Suppose you define the cumulative cutoff as RS 30,000 and also you have provided the TDS percentage amount [e.g. 10] for range 0-30,000. In this case program will not consider this NOD as under cumulative cutoff. TDS will be deducted for all documents which are belonging from this NOD.

Read more

Greytrix Document Numbering Series for Sage ACCPAC ERP

Sage Accpac offers a standard and rigid method to setup document numbering for transactions. But usually there is a need to assign distinct numbering to sales and purchase transaction documents by various criteria such as by Account Sets, Location, Fiscal dates etc. Document Series add in empowers Sage Accpac users to setup distinct numbering series for each set of transactions. The Greytrix document series is an Add-on for Sage ACCPAC ERP which will provide the ability to setup and auto assign document numbers on transactions based on predefined structure. The structure will be on users behest offering maximum flexibility to setup document numbering for various transactions as per the need.

Features of Greytrix Document Numbering Series:

•Provide easy option to form document number series consisting of different segments.
•Segments are Prefix (Document Type), Number, Fiscal Year, Location and Custom [TBD]
•A unique code Document Structure Code can be assigned to each structures setup.
•Descriptive values can be entered in Description field.
•User Friendly interface which enables to setup distinct numbering structure for each document type.
•Add-in will read Account Set\Location from transaction being posted, and will ascertain the structure code setup for particular Account Set\Location code. If not found then standard numbering logic will be executed.

Many more features, call your account manager now for a free demo sales@greytrix.com

Trading Excise for Sage Accpac ERP

What is the need for "Trading Excise for Sage Accpac ERP"?

Excise Tax Reporting and Reconciliation is one of the most important but extremely difficult tasks in a trading organization. Small and Medium businesses spend days and months in manual data management and collection for reporting to Excise Tax authority and still end up having problems and issues at the final reconciliation.

Statutory and Excise Module for Sage Accpac ERP provides small and medium trading enterprises a seamless way to input information, furnish returns and maintain mandatory registers as required by Indian Tax authorities while making sure that the workflow, inventory valuation, financial reporting and operational modules data integrity is maintained in Sage Accpac ERP.


Features of Trading Excise for Sage Accpac ERP

Maintain Information:

- Standard registration and statutory information like PAN, ECC, CE Reg No., VAT, Central Sales Tax No., RG32 Numbering methods
- Maintain Excisable and Non Excisable Locations/Warehouses
- Maintain 20+ Excise specific Customer Information like CE Commiserate, CE Registration Number, ECC, PAN
- Maintain 30+ Vendor Information like CE details, Division Details, PAN details, Range Details
- Maintain 20+ Item Details for Excisable Items like Tariff Class, Price, Item Type

Transact with Excise Tax Calculations for Sales and Purchases:

- Receive Excise Goods and Calculate Excise Tax from Purchase Order Entry of Sage Accpac ERP with Vendor Information and Assessable Amount.
- Return Excise Goods from PO Return Entry Screen and reconcile Excise Taxes accordingly
- Ship Excisable Goods and Calculate Tax against the assessable amount against the respective Receipt
- Maintain business logic and GAAP principles in all transactions

Print Excise and Statutory Reports: Print anytime Excise Statutory Formatted reports as defined by Government:

- Excise Purchase Bill Register
- Excise Form 2 part 1
- Excise Form2 part 2
- Excise Defacing Report
- Excise Declaration Report
- R. G. 23D Report
- Excise Invoice Report (Sales Register)
- Excise Stock Register