It is for adjustment between any two ledgers. No outside parties, like Debtors, Creditors, Branches / Divisions are involved. These […]
Journal Vouchers (F7) in TallyPrime Accounting Software Read More »
As per accounting rules , contra entry is a transaction indicating transfer of funds from.. Cash Account to Bank Account
Contra Voucher (F4) in TallyPrime Accounting Software Read More »
Voucher Classes is the best way of Automating Allocations during Invoice Entry. It is a table for predefining the entries
Voucher Classes for Sale Voucher in TallyPrime Accounting Software Read More »
Credit Note is a document issued to a party stating that you are crediting their Account in your Books of Accounts
Sales Return / Credit Note ( Alt+F6) in TallyPrime Accounting Software Read More »
On the Sales invoice screen, click the button Item Invoice, which is displayed on the Button Bar on the right side
Sale Voucher with Item Invoice for GST Compliance in TallyPrime Accounting Software Read More »
In case of Service oriented business, they also product invoice with their Service Charges plus GST. In this case TallyPrime
With the introduction of GST, the goods and services have been classified into Nil Rated, Exempted, Zero Rated and Non-GST
Sale of ‘Nil-Rated’ , ‘Exempted’, Supplies using TallyPrime Read More »
You can record the sales of both goods and services in the same invoice by selecting the required sales ledger
Sale of Goods and Services in a Single Invoice with multiple GST Rate in TallyPrime Read More »
You can create a Ledger ‘Rounded off (+/-)’ to round-off the invoice value automatically. 1. Go to Gateway of Tally > Create
Ledger to Round-off the Invoice Value Automatically in Sale Invoice using TallyPrime Read More »
This is called Recording Sales of Composite Supply under GST (Expenses Apportioning). Composite supply means a supply is comprising two or
When defining the price of the item you can include the tax rate. This inclusive Tax Rate can assign during
Enable Item Rate (Inclusive of Tax) in Sale Invoice in TallyPrime Accounting Software Read More »
The need for different actual and billed quantities may arise in several instances. For example if an extra inventory is
Different Actual and Billed Quantities in Sale Invoice in TallyPrime Read More »
Even if you do not need extra voucher types, you would normally alter the predefined voucher types to customize them
Alter Pre-defined ‘Sale’ Voucher Types in TallyPrime Accounting Software Read More »
A trial balance is a summary of all ledger balances, and helps in checking whether the transactions are correct and
Trial Balance Report in TallyPrime Accounting Software Read More »
Sales Register displays the monthly summary of sales transactions and closing balances. The list of transactions pertaining to each month
Sales Register Report in TallyPrime Accounting Software Read More »
Receipts and Payments Account is a report of cash and bank transactions during a period. It is used in place of
Receipts and Payments Report in TallyPrime Accounting Software Read More »
A Purchase Register displays the information on the periodic purchases of a business concern. You can also view the columnar register for
Purchase Register Report in TallyPrime Accounting Software Read More »
The Profit & Loss A/c is a periodic statement, which shows the net result of business operations for a specified period. All
Profit & Loss Account Report in TallyPrime Accounting Software Read More »
On selecting a report name from a menu, the report is displayed. You can modify the display to suit your
Modifying Reports in TallyPrime Accounting Software Read More »
MIS Reports are reports required by the management to assess the performance of the organization and allow for faster decision-making. You
Display Management Information System(MIS) Reports in TallyPrime Read More »
