How to record TDS transactions in Tally Prime?

TDS is one of the modes of collection of Income Tax. You have to deduct TDS at the time of crediting to the party’s account or at the time of payment, whichever is earlier even though you have to deduct TDS for payment of advance to the party. Income tax rules requires that TDS toRead More »

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How can we maintain Batch-wise details in Tally Prime?

Batch-Wise details is a part of advanced inventory management. Bath wise information useful where perishable goods like medicines, sea-food, dairy products (ex: ice -creams, butter milk) fruits, vegetables, flowers and meat , poultry etc. Batch-wise details is used widely in pharmaceutical industries as compared to to other sectors. We can track manufacturing dates and expiryRead More »