Category: Beginner

Viewing accounting reports in TallyPrime involves navigating through different areas depending on the specific report you need. Here’s a breakdown of two main methods: 1. Gateway of Tally Method: This method offers a step-by-step approach to finding specific reports. Steps for Viewing the Reports from Gateway of Tally: 2. Go To Feature Method: This method…

Here’s how to create a contra voucher in TallyPrime: 1. Access the Contra Voucher Screen: 2. Enter Voucher Details: 3. Select Accounts: 4. Enter Amounts: 5. Allocate Amounts (if applicable): 6. Save the Voucher: Common Examples of Contra Vouchers: Additional Tips while Creating Contra Entry in TallyPrime:

Here’s how to create a payment voucher in Tally, with examples and numbers: 1. Access the Payment Voucher: 2. Enter Voucher Details: 3. Select Party Ledger to Credit: 4. Enter Account to Debit: 5. Enter Amount: 6. Add Narration (optional): 7. Save: Payment Voucher Examples in TallyPrime Example 1: Paying a supplier: Example 2: Paying…

Here’s how to create a receipt voucher in Tally, with examples and numbers: 1. Access the Receipt Voucher: 2. Enter Voucher Details: 3. Select Account to Debit: 4. Enter Party Ledger (Credit): 5. Enter Amount: 6. Add Narration (optional): 7. Save: Receipt Voucher Examples in TallyPrime: Example 1: Receiving customer payment: Example 2: Receiving loan…

Here’s how to create a journal voucher in Tally with examples and numbers: 1. Access the Journal Voucher: 2. Enter Voucher Details: 3. Enter Debit and Credit Accounts: Journal Voucher Examples in TallyPrime: Example 1: Recording depreciation expense Example 2: Recording accrued interest income Example 3: Transferring funds between accounts 4. Add Narration (optional): 5.…

Here are the steps on how to create a purchase voucher in TallyPrime: 1. Access the Purchase Voucher: 2. Choose Voucher Mode: 3. Enter Voucher Details: 4. Select Party Ledger: 5. Enter Purchase Details: Item Invoice Mode: Name of Item: Select the stock item purchased.Quantity: Enter the quantity purchased.Rate: Enter the unit purchase price. TallyPrime…

Here are the steps on how to create a sales voucher in TallyPrime: 1. Access the Sales Voucher: 2. Choose Voucher Mode: 3. Enter Voucher Details: 4. Select Party Ledger: 5. Enter Sales Details: Item Invoice Mode: Name of Item: Select the stock item sold.Quantity: Enter the quantity sold.Rate: Enter the unit selling price. TallyPrime…

Here are the steps on how to create a stock group in TallyPrime: 1. Access the Stock Group Creation Screen: 2. Enter Group Details: 3. VAT Configuration (if applicable): 4. Excise Configuration (if applicable): 5. Other Options: 6. Save: Additional Tips while Creating Stock Groups in TallyPrime:

Here’s a detailed explanation on how to create a stock item in TallyPrime, incorporating GST (Goods and Services Tax): 1. Accessing Stock Item Creation: There are two primary ways to access Stock Item creation: 1. Gateway of Tally Method: 2. Inventory Info Method: 2. Stock Item Details: 1. Name: Enter a descriptive name for your…