ASSIGNMENT Company purchase the following materials from Silver Plus Companies (State : Andhra Pradesh) with GST @ 5% on May – 01 – 2021 and reference number : spc/100 S.NO ITEM NAME QUANTITY RATE HSN CODE 1 Bricks 30,000 No.s Rs. 3.00 per No 69010010 2 Natural Sand 20,000 Tons Rs. 140 per Cu. FtRead More »
Cost center classes feature automatically loads cost center and cost category allocations during voucher entry. For example, Let’s say our company has three branch offices. Let’s say one is Rajam branch, the other is srikakulam branch and third is vijayanagaram branch. But let’s say our company makes payments of some amount to branch offices forRead More »
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 »
COST CENTER CLASSES can be used to load automatically Cost category and Cost center allocations during the voucher entry. If you do not want to specify cost center and cost category details during voucher entry, then use the feature COST CENTER CLASSES. For that, You need to pre-define cost center details and percentages by creatingRead More »
ASSIGNMENT Company purchase the following Materials from Green Stone Materials and the material stored at Dolapeta Godown. Reference Number: GSM/001. Credit Days: 90 days. Date: April 01 2020.The Total Material is purchased for Project Works – Apartment and Villa. Share the Material For Project Apartment – 60% and Project Villa – 40% S.No Name ofRead More »
Cost centers and Cost Categories feature in Tally is a part of advanced accounts. Let me give you some examples and explain about them (Cost centers and Cost Categories) EXAMPLE:Our Company paid a salary in cash to Raju of Stores Department of Rajam Branch – Rs. 20,000/-. In the above transaction, the Company paid aRead More »
Company received a job from ABC Infotech to upgrade their all computers Company appointed Mr. Saketh to upgrade their all computers The company purchased the following items and stored at Rajam godown. Ref no: Pur/SS/001 from SS Technologies RAM – 15pcs @ Rs. 1050/- CPU – 15pcs @ Rs. 2250/- Mother Board – 15 pcsRead More »