Sales in TallyPrime Accounting Software
Voucher Classes is the best way of Automating Allocations during Invoice Entry. It is a table for predefining the entries that we wish to Automate to make Invoice Creation a breezy task. This particularly useful for Sales Invoicing where we can define once, the nominal ledger account to be credited to each item of sale. …
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 for the stated reason or vise versa. It is commonly used in case of Sales Returns, Escalation/De-escalation in price etc. All features and functions of Sales Voucher and Credit Note Voucher are same. So just …
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 of the screen and the Sales Item Invoice appears as shown below: Pass a Sales Invoice against sale of Items to Debtor Chitra & Co. : 1. Gateway of Tally > Vouchers > press F8 (Sale). Alternatively, Alt+G (Go To) > Create Voucher > press F8 (Sale) 2. …
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 maintain Accounting Invoice where list of Accounts displays instead of Items and Goods. 1. Go to Gateway of Tally > Vouchers > Press F8 (Sales) Alternatively, Press Alt+G (Go To) > Create Voucher > Press F8 …
With the introduction of GST, the goods and services have been classified into Nil Rated, Exempted, Zero Rated and Non-GST supplies. The Purchase or Sales of these goods to a local or interstate customer does not attract GST, and can be recorded using a Purchase / Sales voucher. Let us take a look at what …
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 and GST ledgers (state tax and central tax for local sales; integrated tax for interstate sales) Example: Transactions : Sold the following Goods to Chitra & Co. (within state customer) on Credit on 01/04/2020 with …
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 / Alter > type or select Ledger and press Enter. Alternatively, press Alt+G (Go To) > Create Master/Alter Master > type or select Ledger and press Enter. Note : If you already created the given Ledger Rounded Off (+/-), you can alter as below 137 …
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 more goods/services, which are naturally bundled and supplied in with each other in the ordinary course of business, one of which is a principal supply. The items cannot be supplied separately. Illustration in Revised GST …
When defining the price of the item you can include the tax rate. This inclusive Tax Rate can assign during sale under two ways.. 1. Permanently at the time of Creating a Stock Items 2. In Sale Invoice, selecting the option – Allow inclusive of tax for stock items to YES in F12: Configuration. 1. …
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 sent to cover up for any stock that reaches in a damaged condition or Inventory sent as extra samples or the Stock is despatched to the customer as quantity discount. Setup: Ensure that you are …
Different Actual and Billed Quantities in Sale Invoice in TallyPrime Read More »
