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Tag: vouchers

How to pass Journal entries in Tally Prime ?

GalleryAugust 17, 2021August 17, 2021 Tally Prime

Debit and Credit are most important terms in Accountancy. The entire accounting system depends on Debit and credit. Every transaction must has debit and credit terms. Some Transactions may have more than two ledgers at debit side and only one ledger at credit side. And some more transactions may have more than two ledgers atRead More »

How to record Purchase returns and Sales Returns in Tally Prime ?

GalleryAugust 10, 2021August 10, 2021 Tally Prime

What is DEBIT NOTE ? This voucher is open is the ALT + F5 key is pressed. If the company returns the purchase commodity for any reason (Ex: Damages, inferior quality etc,,), it should be recorded in this voucher. Transactions related to purchase returns come into this voucher. It can also record interest calculations. WhatRead More »

How do you create a cost center and cost category in Tally Prime?

GalleryJuly 18, 2021July 18, 2021 Tally Prime

Cost centers and Cost categories are a part of advanced accounts. Let’s consider some examples to understand this feature. Salaries paid in cash to Raju of Stores department of Rajam branch – Rs. 10,000/- The company is paying the salary to Raju in this transaction. Raju is the employee of stores department in Rajam branch.Read More »

How to record purchase of goods and services in Tally Prime ?

GalleryJuly 11, 2021July 11, 2021 Tally Prime

The key to open Purchase voucher is F9. If the company makes purchases, the transactions related to them should be recorded in this voucher. The purchase made by the company may be for borrow or cash. Also, the purchase made by the company may be in the form of goods or services. We can enterRead More »

How to enter Receipt Voucher in Tally Prime ?

GalleryJuly 3, 2021July 3, 2021 Tally Prime

The receipt voucher is done in when the company gets the amount. If the money comes through the sundry debtors or any income, the transaction will be enter in this voucher. The amount coming to the company can come in any form i.e. cash or bank cheque. F6 is the key to open the receiptRead More »

How to enter payment voucher in Tally Prime ?

GalleryJuly 2, 2021July 2, 2021 Tally Prime

PAYMENT VOUCHER : This payment voucher is used for the expenses paid by the company and the dues paid to the lenders. The mode the company pays can be anything. This means that it can be paid by cash or by bank cheque. Or it can be an online payment. If the company makes payment,Read More »

What are the different type of vouchers in Tally Prime ? (Part -2)

GalleryJune 25, 2021June 25, 2021 Tally Prime

INVENTORY VOUCHERS 1. PURCHASE ORDER : If our organization places an order to purchase goods or services, it should be recorded in this voucher. We have to specify the details in the order that how much quantity we needed and what items we needed etc. The key for Purchase order is CTRL + F9 2.Read More »

Different types of vouchers in Tally Prime?

GalleryJune 22, 2021January 25, 2023 Tally Prime

What is a voucher? Voucher entry is a crucial feature for recording daily transactions in an organization and generating reports automatically. Tally Prime offers 24 pre-defined voucher types that can be used to classify transactions and automatically generate accounting, inventory, and payroll reports. To record a voucher, a corresponding ledger must be created. LIST OFRead More »

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