TallyPrime Book

Tutorial on TallyPrime Accouting Software with Practical Assignment

GST on Reverse Charge Mechanism (RCM) using TallyPrime Accounting Software

1. Inward Supply of Goods & Service under GST Reverse Charge (RCM) GST on reverse charge is levied if there is intra State supply of goods or services or both by an unregistered supplier to a registered person and the value exceed Rs 5000 in a day. In other words, If a vendor who is Not Registered under …

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Group Company in TallyPrime Accounting Software

You can create a group company in TallyPrime to conveniently view all your companies at one place. This group company can function as a single economic entity, where financial reports such as Balance Sheet, Profit and Loss A/c and Trial Balance are consolidated without any impact on the transactions. Irrespective of whether your branches use …

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e-Way Bill using TallyPrime Accounting Software

1. Setup e-Way Bill in TallyPrime TallyPrime supports the e-Way Bill JSON Preparation Tool, Version 1.0.0219. In TallyPrime, you can enter e-Way Bill details only when such transactions are recorded with stock items. The provision to enter e-Way Bill details is not available in accounting invoice mode, and in companies enabled to Maintain only accounts. Step …

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Cost Centre and Cost Category in TallyPrime Accounting Software

Cost Center A cost centre is any unit of an organisation to which transactions (generally, revenue) can be allocated. When only costs or expenses are allocated to these units, they are referred to as Cost Centres.  Transactions are allocated to cost centres. This enables accounting all transactions for that particular cost centre.  You can view …

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Company Info in TallyPrime Accounting Software

Swayam Sales is one Departmental Store in Balasore, Odisha, with GSTN  No – 21AGHPB2764P1ZD  deals with both Whole selling & Trading of different types of Products like … Electronics, Electrical Home Appliance, Mobiles etc. etc. with the following information’s and will maintain his Books of Accounts with the help of TallyPrime Accounting Software with effect …

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Bill of Materials (BoM) in TallyPrime Accounting Software

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 up another item is made possible in Tally by enabling the …

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