ABOUT PURCHASE VOUCHER Purchase Voucher Key is F9 Use CTRL + H to change the mode to Item Invoice / Accounts Invoice / Voucher Mode Use Item Invoice to record the purchases with items. Use Accounts Invoice to record the purchases with services. Use Voucher mode to record the purchases in debit and credit mode.Read 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 »
What is the purpose of a Contra voucher? A Contra voucher is an accounting voucher used to record money that is both deposited and withdrawn from a bank account, as well as transfers from one bank account to another or from cash to cash. What is Bank to Bank Transfer ? For example,. let’s sayRead More »
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 »
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 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 »
PURCHASE VOUCHER : We can use the purchase voucher to record all purchase related transactions in Tally. Generally, We buy goods (or) services on credit or cash. Purchase voucher allows user to record in both mode (cash / credit). The Key for Purchase Voucher is F9. And path is Gateway of Tally — Accounting vouchersRead More »
Usually, the company buys and sells goods on a credit basis from parties. We can use purchase and sales vouchers to enter the transactions said earlier. Then, Tally generates outstanding reports for payable and receivables automatically.For Example:We purchased goods from ABC Electronics for Rs. 30000/- on a credit basis. On 01/04/2020.We can record the purchaseRead More »
Batch wise details are a part of inventory management. Batch wise information useful where perishable goods like medicines, sea-food, dairy products (ex: ice creams, butter, milk), fruits and vegetables, flowers and meat & poultry, etc. Batch-Wise Details is used widely in pharmaceutical industries as compared to other sectors.We can maintain Manufacturing dates and Expiry datesRead 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 »
Lets take an Assignment to solve this query. INTRASTATE PURCHASE & SALES Company Purchased the following stock from ABC Companies (Andhra Pradesh) and stored at Rajam godown and with GST @ 18%HSN CODE: 4202. Reference Number: abc/500 S.No Name of the Item Quantity Rate 1 Trunks 500 399 2 Suit Cases 250 1340 3 ExecutiveRead More »
Job work Order is a part of advanced inventory topic. Job Worker receives job / project from principal manufacturer to produce the finished goods. Job work order has details of raw materials which can be supplied from principal manufacture and quantity, rate etc. ASSIGNMENT ON JOB WORK IN ORDER Tarak Industries company received a jobRead More »
The Price List / Price Table chapter is part of the Advanced Inventory of Tally ERP9. And Price List is part of SALES MANAGEMENT too. Generally, Companies sell various products to customers. Companies sell items to some customers in retail and to some customers in wholesale. And some items may be export. Overall, All SalesRead More »