C O N T E N T S
Purchase Process of Goods & Services
in TallyPrime 4.1/5.0
1. Purchase Process in TallyPrime 4/5
(ii) Bank Purchase (Cheque or Credit/Debit Card, UPI, Net Banking) :
Record additional charges, discounts, and free items:
Reports on Purchase of Goods and Services :
2. Local Purchase (within State) of Goods / Items in TallyPrime 4/5
2.1. Creation of Stock Items. 12
2.2. Apply GST Rate and HSN/SAC Details in Stock Item..
2.3. Setting MRP details in Stock Items.
Practical Assignment ( Creation of Stock Items)
Practical Assignment ( Local Purchase-Within State)
3. Local (within State) Purchase of Services in TallyPrime 4/5
3.1. Creating Service Ledger with GST Compliance.
4. Interstate (Outside State) Purchase of Goods & Items.
Practical Assignment ( Outside Purchase of Stock Items-Outside State)
5. Interstate (Outside State) Purchase of Services.
6. Purchase Voucher with some Additional Charges/ Discount etc.
>> Creation of Additional Charges Ledger included before GST in Purchase Bill
>> Creation of Additional Charges Ledger included after GST in Purchase Bill
>> Purchase Bill Voucher with Additional Charges / Discount both before and after GST.
Practical Assignment ( Purchase of Items & Goods with Additional Charges/ Discount etc. both Local and Outside State)
7. Purchase of Items with Trade Discount.
>> Enter the discount percentage against each item – without using the ledger account
>> Enter Discount percentage and amount on item rates – using the ledger account
8. Purchase of Free Items in TallyPrime 4/5
>> Account for free items using Actual and Billed quantities.
>> Account for free items using zero-valued transaction.
9. Purchase of ‘Nil-Rated’, ‘Exempted’, Items & Goods using TallyPrime 4/5
Practical Assignment ( Purchase of -Nil Rated & Exempted Goods)
10. Record Expenses with GST in Purchase Voucher.
(A) Create an Expenses Ledger.
Practical Assignment ( Expenses Ledger Creation with GST Compliance)
(B) Record an Expense in a Purchase voucher.
Practical Assignment ( EXPENSES in PURCHASE VOUCHER [F9] – Accounting Invoice ( Ctrl+H))
11. Purchase of Fixed Assets (Capital Goods) in TallyPrime 4/5
Practical Assignment ( Ledger Creation of Fixed Assets)
Record Purchase of Fixed Assets (Capital Goods)
Practical Assignment ( Capital Goods Purchase Voucher [F9] – Accounting Invoice ( Alt+H))
12. Purchase of Goods & Services under Reverse Charge Mechanism (RCM)
12.1. Set Up Goods / Services Under Reverse Charge Mechanism (RCM)
12.1.1. Configure Stock Item for RCM…
12.1.2. Configure Service Ledger for RCM…
12.1.3. Record inward supply of Goods under Reverse Charge Mechanism-RCM…
12.1.4. Record inward supply of Services under Reverse Charge Mechanism-RCM…
13. Purchase Order Processing in TallyPrime 4/5
13.1. Purchase Order (Ctrl+F9) Processing in TallyPrime-3 & Higher.
13.1.1. Receipt Note Voucher (GRN) (Alt+F9) against Purchase Order.
13.1.2. Purchase Voucher (F9) against Receipt Note Voucher (GRN)
13.1.3. Purchase Order Outstanding.
14. Purchase Return / Debit Note Voucher (Alt+F5) under GST in TallyPrime 4/5
Practical Assignment ( Debit Note / Purchase Return)
15. Change in the Assessable (Taxable) Value of Purchase Under GST in TallyPrime 4/5
16. GST Invoice Support for ‘Material in Voucher’ in TallyPrime 4/5
17. Record Purchase of Services as Expenses in TallyPrime 4/5
18. Additional Cost of Purchase on Stock Items in TallyPrime 4/5
-
- Configure Additional Cost ledger.
- Create a Purchase Voucher with an Additional Cost of Purchase on Stock Item in Invoice Mode.
18.2.1. Configure Purchase Voucher Type to Track Additional Cost for Voucher Mode.
18.2.2. Create a Purchase voucher with an additional cost of purchase on Stock Items in Voucher Mode
19. Credit Note for Increase in Purchase Value.
Record a Credit Note to increase the Purchase Value :
