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In Tally.ERP 9 we have a separate Group name called Purchase Accounts and we can use this Predefined Group to create the Purchases Ledger for accounting of Purchases of a Company. We can create as many Ledgers as we wish, under the Purchase Accounts Group in Tally.ERP 9. While creating the Ledger, there itself we […]
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In Tally.ERP 9 Accounting Software we can record the Funds flew into the Company while starting the Business. Capital Brought into the firm will be recorded using either Receipt Voucher Type or Journal Voucher in Tally. Both are correct but here we are showing you in different way to pass Capital transaction using the Journal […]
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Tally.ERP 9 supports to create Capital Ledger with the help of Capital Group available in the Accounting Software. With the Ledger Creation screen in Tally we can create the Capital Ledger Account. Apart that it support to record the Mailing Details and Tax Information of the Person who brought the Capital into the firm. In […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
In Tally.ERP 9 we can create Ledgers using Ledger Creation screen. It having some default ledgers which are already created by the Accounting Software itself. And Cash ledger is one of them. So, you do not need to create the Cash Ledger in Tally software. If you open List of Ledgers screen you can find […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
As soon as we start the business with an initial Capital we have to ascertain an Office to start the business. When we have taken an Office, obviously we have to give some advance towards it. And it can be entered in Tally.ERP 9 using the Payment Voucher Type. As we are making the payment […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
Whatever a transaction that has to be recorded in Tally.ERP 9 Accounting Software, one must use any one of the available Voucher Types in the Business Package. Tally has provided 18 different Voucher Types excluding Payroll Vouchers. And these are called as Pre-Defined Voucher Types and even we can create as many Voucher Types as […]
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A Ledger is the place for a common Business Activities. We will record the similar activities under a Ledger by giving a name for it. Likewise in Tally.ERP 9 Accounting Software we can create a Ledger. In manual Accounting we draw a T shaped format for recording the Debits on left and Credit on right […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
When you create a Company in Tally.ERP 9 by default it will be loaded with default Company Features like Invoicing, Outstanding, Cost Management, etc. This powerful Accounting Software enables the user to change Company Features such as Accounting, Invoicing, Statutory and Taxation (Excise, VAT, TDS and TCS details). Every Company or Proprietary firm has to […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
Shut Company option is best used for those who work with more than a Company in Tally.ERP 9 Accounting Software. When you have selected multiple Companies in Tally.ERP 9, the selected companies will be shown under List of Selected Companies in the Left Pane of the Main Area in Gateway of Tally Screen. Using the […]
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After we have created a Company in Tally.ERP 9 Accounting Software, we can get back to the Company Alteration screen to change the information of the Company at any time. From the screen itself you can change the Mailing & Contact Details, Company Details, Security Control and Auto Backup settings along with the Base Currency […]
