How to create VAT calculating Ledgers (Input, Output) in Tally ERP 9
Apart, Trading Account ledgers like Purchases and Sales ledgers we need to create Input VAT and Output VAT ledgers for every Trading Ledger. And this is the common way of VAT computation where Invoice amount will be divided into Assessable and VAT amounts. The Assessable amount will be recorded in the Trading ledgers where as […]
How to create Trading Accounts with VAT configuration in Tally ERP 9
At the time of creating Trading Accounts like Purchases and Sales Ledgers in Tally ERP 9 Accounting Software, we must configure those Ledger Accounts with the appropriate VAT/Tax Class. As soon as we update the Company with the VAT information in Statutory Features, trading ledger accounts will automatically shows the Statutory Information in the Ledger […]
How to Backup and Restore a Company data in Tally ERP 9
The Account Package Software, Tally ERP 9 supports to carry the data where ever you want. And the Tally will not restrict you to stick on to only one computer to work only. We can carry the Company data from Branch Office to Head Office from Office to Home using the Backup and Restore options […]
Create User Defined Voucher Type for Bank Payments in Tally ERP 9
We can create a separate Voucher Type for recording the Bank Payments in Tally ERP 9 Accounting Software. And it is the best way segregate Payment entries based on the Instrument type such as Cheque Payments or Cash Payments. Here is the way in Tally ERP 9 Accounting Software. We can create our own Voucher […]
Design customized Numbering format for Vouchers Type in Tally ERP 9
In Accounting Software, Tally ERP 9 we can customize the Voucher Number to be given to the Voucher entries for various Voucher Types, while recording Accounts. For instance, if the amount is received through Bank we can create Voucher Number that starts with BNK/1 for Receipt Voucher Type. Like wise to recognize Sales made to […]
How to request for re-dispatch of newly applied PAN Card
When we applied for a PAN Card, we get that through Registered Post to the Communication address mentioned in the Application form. But what happens when we fail to receive the PAN Card due to went to vacation holidays or some other reason. Your local Post Man will return the Document to the sender address. […]
How to enable Value Added Tax and CST (Sales Tax) in Tally ERP 9
Every business organization, who deals with Sale of Goods needs to pay off the VAT to the State Government as per VAT rules. So, you must know the amount of VAT Tax to pay off against the Assessable Value that you compute for a specific period. You can start this article after reading About VAT […]
How to create Customized Voucher Type in Tally ERP 9
Tally ERP 9 Accounting Software having various default Voucher Types such as Accounting, Inventory, and Payroll Voucher Types for recording the Financial, Statutory, Inventory, and Employees related transactions in ERP Application. Apart that it allows the users to create their own set of Voucher Types to customize the Books of Accounts in Tally Software. In […]
What is the meaning of Accounting or Accountancy
Accounting or Accountancy is the process of transforming the Book-Keeping data into understandable financial information about a business entity to users such as shareholders and management. The communication between the Accountants and Management generally in the form of Financial Statements that show in money terms. The art lies in selection of Information that is relevant […]
How to operate Bank Ledger in Reconciliation mode using Tally ERP 9
As soon as we select a Bank Ledger for reconciliation we can see the screen transforms to Reconciliation Mode with a different format than the regular Account Ledger format. There we can see the range of date (period) between what dates we are going to reconcile the bank account in Tally ERP 9, and the […]
How to generate Cash Ledger Report holding at CDSC in AP CTD website
In order to obtain the Statutory Forms from the Commercial Tax Department, our Dealer Account must have the required Credit Balance at the Computerized Dealer Service Center(CDSC) to request for various Statutory Forms likes C Forms, F Forms, H Forms. Way Bills, etc., Cash Ledger statement generated in AP Commercial Tax Department website If you […]
Tally software updates for Telangana state with Release 4.9
As on 2nd June the Andhra Pradesh state has been divided into residual Andhra Pradesh state and Telangana state. All the Statutory and Accounting methods for State Taxation are also need to be maintained as per the Rules and Acts of the corresponding states. In connection with that Tally ERP 9 Accounting Software has also […]