Venkkatesh K tally recording-accounts-in-tally-erp-9 0
In order to record the Goods Return received from customers we can create a Sales Returns Ledger account in Tally.EPR 9 Accounting Software. But we do not have separate Ledger Group for creating the Sales Returns Ledger. So, we have to choose suitable Trading Ledger Group. In Tally.ERP 9 we have Predefined Groups to create […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 4
In Tally.ERP 9 Accounting Software we can record the Cash or Bank Receipts from sundry debtors or from someone else like Individual financiers in the Receipt Voucher Type. And this is the one of the Voucher Types available in Tally Software only meant for Cash or Bank Receipts. We will be getting the receipts from […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
In Tally.ERP 9 we have a different Ledger Group available for recording the Loan taken from a Financer or Bank by not providing any Security. And it should not be considered as Loans and we must be treated as Unsecured Loan. We have a different Ledger Groups available for creating different kinds of Ledgers in […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
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 […]
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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 […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 1
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 […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 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 […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 1
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 […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 0
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 […]
Venkkatesh K tally recording-accounts-in-tally-erp-9 7
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 […]