In case, if you are using Excel 2007 and get the Ole Error 800A03EC while importing data into Tally using UDIMagic, then it is likely that VBA is NOT installed in your system.
VBA macros in 2007
Up to Excel 2007 you didn't need to install the Visual Basic Editor if you wanted to develop or run macros (VBA procedures). In Excel 2007 you must specify that VBA be installed when you install Excel from the Office CD. See how to install Visual Basic for Application for Excel 2007
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