Welcome to the latest edition of the LOGIC ERP newsletter! We’re excited to share some of the incredible milestones we’ve achieved together with our clients and team members.
New Clients, Stronger Connections
LOGIC ERP continues to expand its footprint with a fresh wave of clients from Apparel, Clothing, Footwear, and FMCG. These collaborations highlight our dedication to empowering businesses with solutions designed to meet their unique challenges and fuel long-term growth.
LOGIC ERP Tech Updates
1. Auto Pick Clearing Date for UPI, NEFT & RTGS in Bank Voucher Entries
In LOGIC ERP, we have introduced a new update that simplifies bank voucher entries by automatically picking the cheque clearing date. Now, whenever you select UPI, NEFT, or RTGS as the payment mode, the system will auto-assign the clearing date, which is defined in the entry date. This feature reduces manual work, ensures accuracy in financial transactions, saves time, and helps maintain consistency in your accounting records.
Explore more details: Auto Pick Clearing Date for UPI, NEFT, & RTGS in Bank Voucher Entries
Step 1: Create a Bank Receipt
- Select the bank and fill in the required details in the voucher window.
- Under the DD/Cheque option, choose one of the new payment modes: UPI, NEFT, or RTGS.
Step 2: Verify in Modify Mode
- Reopen the same voucher in Modify mode.
- You’ll notice that the Cheque Clearing Date is automatically picked from the entry date.
2. TDS Certificate Added in LOGIC ERP
LOGIC ERP has introduced a new update for TDS Certificates. This feature allows you to apply a lower TDS rate defined in the certificate instead of the standard deduction rate. For example, if earlier 10% TDS was deducted on a rent payment of ₹10,000, with a valid TDS Certificate the deduction may reduce to 2%. This update ensures compliance while avoiding excess TDS deduction for parties holding a certificate for a particular date.
Explore more details: TDS Certificate Added in LOGIC ERP
However, this comes with certain rules:
- The certificate will have a specific validity period.
- A limit amount will be defined (e.g., ₹5 Lakhs).
- Once the defined limit is crossed, the normal rate (10% in this case) will again be applied automatically
3. Setup TDS Type
- Navigate to: Setup/ Setup Accounts and select” Setup TDS Type” and create the relevant type.
- Simply define the TDS type name then TDS payable Account
- Define the TDS Percentage along with the limit.
- Save the Changes
4. Define the TDS Certificate
Navigate to: Setup/ Setup Accounts and select “TDS Certificate”.
Define the relevant fields:
- TDS Certificate Name
- Party Name
- TDS Type
- Date (Validity Period)
- Limit (e.g., ₹5 Lakhs)
5. Allocate Accounts to TDS Types
Allocate the required Account(s) to the respective TDS Type.
- You can also link multiple accounts from this option.
- Mark it as Set as Default.
- Select the TDS Certificate you created and then Save the setup.
6. Testing in Payment Voucher
- Open a Payment Voucher.
- If the Rent amount is within ₹5 Lakhs, TDS will be charged at 2%.
7. Additional Update
Link TDS Types While Creating an Account
To link TDS types while creating a new account, follow these steps:
- Navigate to Setup → Setup Accounts → Setup New Account.
- Click on the Other Details button.
- In the Other Details section, locate the option labeled Link TDS Types.
8. TDS Certificate Column in Report
To view the TDS Certificate column in reports, follow these steps:
- Navigate to Reports → Queries → Financial Analysis and select TDS Report.
- Open the Pending TDS Report.
- Here, you will find the option named TDS Certificate
LOGIC ERP Implementation Story
The Bear House | Shark Tank India- Season 4 Sensation, a fast-fashion brand based in Bangalore, India, has taken a major leap in scaling its retail and manufacturing operations with LOGIC ERP apparel enterprise solution. Known for its premium menswear collections, The Bear House transitioned from a digital-first apparel label to an omnichannel fashion powerhouse with physical flagship stores across India.
LOGIC ERP Blog Insights
Step into the world of ERP excellence with LOGIC ERP’s dynamic blog series! Explore our insightful articles that reflect the latest trends, best practices, and innovations in ERP solutions. Discover a wealth of knowledge, from in-depth industry analyses to practical tips for optimizing your business processes.
Garment Barcode : Types, Benefits and Industry Best Practices
GST State Code : List, Jurisdiction, and FAQs (2025 Updated)
Multi-Channel FMCG Distribution : Role of ERP and Billing Software Solutions
How Does Garment ERP Software Support Online and Offline Retail Business?
Ledger Amount Meaning : Ledger Balance vs Available Balance Explained
Top Reports Every Pharmacy Owner Should Monitor Weekly
How to Manage Multi-Store Pharmacy Chains with Pharma Retail ERP Software?
Pan India ERP Excellence | Powered by Our Channel Ecosystem
We are proud to collaborate with a strong network of channel partners across India, delivering innovative and scalable ERP solutions that drive business success.
Event Diaries | LOGIC ERP Team All the Way to Chennai
LOGIC ERP at Chennai Apparel Association – 29th South India’s Grand Garments B2B Expo 2025
The LOGIC ERP team proudly participated in the Chennai Apparel Association – 29th South India’s Grand Garments B2B Expo 2025 held at the Chennai Trade Centre from 11th to 14th August 2025. Our experts engaged with garment retailers, distributors, and manufacturers, showcasing how LOGIC ERP empowers the industry with advanced solutions that streamline operations, enhance efficiency, and drive growth. The team kicked off the event with great energy, which was further elevated by the presence of Mr. R. Gandhi, Honorable Minister of Handloom & Textiles, Tamil Nadu, whose inspiring insights and vision for the garment sector energized all attendees.
In-House Activities | Celebration Time
Our in-house celebrations were filled with enthusiasm, unity, and vibrant team spirit, making the day truly special. From fun activities to joyful moments, the office echoed with laughter and festive energy.
Stay Tuned with LOGIC ERP for Latest Updates!
Stay at the forefront of innovation with LOGIC ERP’s up-to-the-minute updates! Explore our latest advancements, industry trends, client successes and fun stories.
Join our network to stay informed, inspired, and ready to optimize your business strategies. Connect with LOGIC ERP and elevate your journey towards unparalleled success today!
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