TallyPrime Book – Learn and Get TallyPrime Book (Advanced Usage)

Setup Bill of Materials (BOM) using TallyPrime

Use of Inventory in Manufacturing in TallyPrime Accounting Software

Use of inventory in manufacturing is a common aspect in businesses. A Bill of Materials is a list of constituent items along with quantity details that can be allotted for the manufacture of a certain product, by-product or likewise. This facilitates immediate reduction in stock of the item automatically. This process of listing the items that make …

Use of Inventory in Manufacturing in TallyPrime Accounting Software Read More »

Use Godowns / Locations for Inventory Storage in TallyPrime Accounting Software

TallyPrime Book

If you are using more than one location, bin, rack, cabinet, and so on, create Godowns/Locations in TallyPrime to track your inventory. Similarly, if you keep inventory in different projects or maintain raw materials and finished goods in separate locations, Godowns/Locations will serve the purpose. After you have created a Godown/Location, you can allocate inventory to the …

Use Godowns / Locations for Inventory Storage in TallyPrime Accounting Software Read More »

Stock Item Management in TallyPrime Accounting Software

TallyPrime Book

Does your business involve stock items or inventory in the day-to-day transactions? If so, you certainly need to manage and keep track of all your stocks – how much of them have been sold every day, what is the balance stock, are the stocks moving as per the demand, do you have too much unused …

Stock Item Management in TallyPrime Accounting Software Read More »

Inventory Management in TallyPrime Accounting Software

TallyPrime Book

It allows you … 1. to keep track of your inventory from placing an order for goods with your supplier to getting them delivered. You can keep track of the goods at all stages. 2. You can send a receipt note to your supplier once you receive the goods at your location. 3. You can …

Inventory Management in TallyPrime Accounting Software Read More »

Voucher Classes for Contra Voucher in TallyPrime Accounting Software

TallyPrime Book, Vouchers in TallyPrime

Contra Voucher in TallyPrime is for Cash Deposit, Cash Withdrawal, and any amount transfer either in Main Cash to Petty Cash or from one Bank Account to another Bank Account. In other words, funds or money movements within the business. Voucher Classes are available for all major voucher types like Contra, Payment, Receipt, Journal, Sales, Credit …

Voucher Classes for Contra Voucher in TallyPrime Accounting Software Read More »

Stock Journal Voucher (Alt+F7) in TallyPrime Accounting Software

TallyPrime Book, Vouchers in TallyPrime

Stock journal is a journal in which all types of stock adjustments are entered. The stock adjustment may be due to the following reasons: Inter-Godown Transfer This is useful to transfer the goods from one location to another. The quantity of Stock remains the same, but the Location changes. Additional Cost/Expenses involved in the Transfer …

Stock Journal Voucher (Alt+F7) in TallyPrime Accounting Software Read More »

Reversing Journal in TallyPrime Accounting Software

TallyPrime Book, Vouchers in TallyPrime

Reversing Journals are special journals that are automatically reversed after a specified date. They exist only till that date and are effective only when called for in reports like the Balance Sheet Example: it is 30th June and you want to view the Balance Sheet as of today but June salaries are not paid until …

Reversing Journal in TallyPrime Accounting Software Read More »

Rejection Out Voucher (Alt+F6) in TallyPrime Accounting Software

TallyPrime Book, Vouchers in TallyPrime

This voucher is used to record goods returned back that were rejected by the company. For example, the company returns back those items that were rejected by a vendor. Example: Swayam Sales Reject the following items received against Material Receipt Note from the supplier ACER India Ltd. Laptop ACER 4720Z 1 Nos. …

Rejection Out Voucher (Alt+F6) in TallyPrime Accounting Software Read More »

Rejection In Voucher (Ctrl+F6) in TallyPrime Accounting Software

TallyPrime Book, Vouchers in TallyPrime

This voucher is used to record goods received back from a customer after rejection. This Inventory voucher does not affect Accounting which affect inventory of the business only. Example: Swayam Sales takes back the following items rejected by a customer Lexsite Pvt. Ltd. which was issued through Delivery Note. Printer Epson Lq 1024 …

Rejection In Voucher (Ctrl+F6) in TallyPrime Accounting Software Read More »

Receipt Voucher(F6) with Voucher Class in TallyPrime Accounting Voucher

TallyPrime Book, Vouchers in TallyPrime

Any money received from debtors against sales Invoices or on Account and for all transactions where money is received are accounted or entered into TallyPrime using the Receipt Voucher. Go to Gateway of Tally > Vouchers. Select F6: Receipt from the button bar or press F6. For example, if your company receives money from a customer for an earlier …

Receipt Voucher(F6) with Voucher Class in TallyPrime Accounting Voucher Read More »