How to create a Creditor Ledger Account in Tally.ERP 9?
There will be Individual or Companies who Credit the Funds or supply the Goods on Credit to another Company or Firm for the business purpose. And they will be treated as Creditors by receiving company. In Tally.ERP 9 we can create a ledger to account them with the help of Sundry Creditors Ledger Group in […]
How to record Petty Cash received in Tally.EPR 9?
In general practice the Cashier will be given with a small amount of Cash to meet the day to day common expenses like Local Conveyance, Transport Charges. And this small amount will be called as Petty Cash. The receipt of Petty Cash received, can be recorded in Tally.ERP 9 using the Contra Voucher Type. And […]
Is is possible to create Petty Cash Ledger in Tally.ERP 9?
For large Companies there will be a Petty Cashier available to maintain Petty Expenses for which he gets Cash from the Main Cashier. So, he has to maintain Petty Cash Ledger. In Tally.ERP 9 we can record such transaction and maintain Petty Cash statement by creating Petty Cash Ledger in Tally.ERP 9. All the Petty […]
How to record Sales transaction in Tally.ERP 9?
In Tally.EPR 9 there are various Voucher Types available for recording different kind of business transactions and for recording the Sales Transaction we have Sales Voucher Type in hand. To obtain the profit we have to sale either, goods or services, after we have purchased the goods or services based on the business nature. Sale […]
How to create Gmail Account for your Business for free of cost?
Gmail is an email service hosted by the Google Inc., and it is a form of electronic media to send and receive text messages apart that we can enclose media files like Photographs, Videos, and other Computer Application Files like MS Work, MS Excel etc., In order to create Gmail account you must have a […]
How to create Sales Account Ledger in Tally.ERP 9
In Tally.ERP 9 we have a separate Group name called Sales Accounts and we can use this Predefined Group to create the Sales Ledger for accounting of Sales of a Company. We can create as many Ledgers as we wish, under the Sales Accounts Group in Tally.ERP 9. While creating the Ledger, there itself we […]
How to record Purchase transaction in Tally.ERP 9?
After we have started with an initial Capital, we have to Purchase the Goods based on the business nature. Every business deals with purchases and sales without purchase there is no question of sale. Purchasing might be the finished product or the raw material. In Tally.ERP, we can record the Purchases using the Purchase Voucher […]
How to create Purchase Account Ledger in Tally.ERP 9?
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 […]
How to record Capital brought into the Business in Tally.ERP 9?
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 […]
How to create Capital Ledger with all settings in Tally.ERP 9
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 […]
Is it mandatory to create Cash Account Ledger in Tally.ERP 9?
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 […]
How to record Office Advance using Payment Voucher in Tally.ERP 9?
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 […]