In banking, Post dated cheque in Tally.ERP 9 is a cheque written by the drawer (payer) for a date in the future.
Today we are living in a language arena. We have a language all around us. Be it a human life or an animal life, tech life or a social life language is everywhere. JAVA, C++, Ruby on Rails are well known as a language of computers.
The business world also needs a language to communicate. it presents the picture of its operations, it’s financial position and other important matters. ERP Softwares like Tally.ERP 9 is just an extended computerised edition of the business languages
Wiki defines it accountancy as a language of business.
So learning accounting is like the learning the language of business. Recently I did a quick survey through email and ask my readers a simple question.
[highlight]” Doest it possible for someone to learn Accounting without a commercial background”? [/highlight]
Most of my readers replied me that yes it is possible. My readers also told me that a person needs [Read more…] about how to learn accounts with my help for free?
Temple and Trust Management in Tally.ERP 9 is a business specific solution for clients who belongs to temple and trust which involves a charity and religious activities. Since the day-to-day transactions in a Temple and Trust differ significantly from the normal commercial activities, recording of the Temple and Trust in accounting needs some specific care
I have written a series of Business specific ready-made Tally.erp 9 articles to suit your business need. Temple and Trust – Tally.ERP 9 is one more article in this series.
To account Temple and Trust in Tally.ERP 9, let’s understand the operation of a Temple and Trust then we will go ahead for implementation for the same.
Temple and Trust Management | Tally.ERP 9 | Practical Example and Entries
We will take a few of them :-
- Money is received from a trust and basic expenses are to be maintained in Tally. However, even this usage calls for some tips in [Read more…] about Temple and Trust Management | Tally.ERP 9
Recently starting from May, 2014, Karnataka vat department introduced uploading of e-Return and e-UPaSS along with vat returns. In simple terms it is known as uploading monthly sales/purchase registers to vat site.
This is a very good initiative by the vat department and its really business community friendly however, if you are using other software then Tally.ERP 9 then surely complying this statutory requirement will make you feel lot of pain and time consuming.
First let me talk about why this system is assesses friendly and how it can save you from any other possible future trouble.
[box type=”info”]Benefits of e-Return and e-UPaSS[/box]
Its a common experience of all us especially using Tally.ERP 9 Gold or simply known as multi user that once a statutory return like VAT is filled, we pass back dated invoices which we receive latter or sometimes, ignorant user amend any old entries, delete it or make [Read more…] about e-Return and e-UPaSS in karnataka vat
I have talked a lot about business specific accounting solution in the past and I also recommended to renew your Tally.net license to keep your Tally software up to date and to avail the maximum benefits of using Tally.ERP 9. Today, we will discuss about managing Transport Services accounting and documents in Tally.ERP 9.
There is no tutorial avaiable anywhere explaining how to manage
[box type=”info”]Understanding nature of Transport business[/box]
There are a lot of businesses that are solely into providing transport services to various sectors. These businesses have no inventory what so ever, In the case:- the process of goes like , party A sells a set of items to party B. Now this delivery of this item has to be done by the transporter. The transporter( us) will need a copy of the invoice. Based on the invoice a delivery challan will be issued that would carry the items [Read more…] about Transport Services Management
If you are new to accountancy and Tally.ERP 9, you should read, before posting an actual sales invoice entry in Tally.ERP 9. It will boost your accounting and Tally.ERP 9 skill.
The short code to activate Sales voucher in Tally.ERP 9 is F8. Alternatively you can select the Sales Voucher from the right side panel of Tally.ERP 9 from the voucher entry screen itself.
Online Tally test
How to import ledger master in a new company
You are instructed by your boss to raise a sales invoice to A Customer Suren Brothers for wooden table item 1000 nos for Rs. 195 per Nos.
You are also instructed that the prevailing vat rate on the said item in your state is 5.5% .
So, let’s see how to raise this invoice in Tally.ERP 9
Let’s of all, createSuren Brothers Under the group Sundry Debtors
In the earlier article, I have explained you the main menu of Tally.ERP 9. In this article I will explore with voucher entry section is the real section for inputting accounting data.
In Tally.ERP 9 Voucher entry section is the place where you can feed your data in the software. If the ledger creation is perfect and you post vouchers correctly then Tally.ERP 9 will give you a balance sheet or a trail balance automatically. Voucher entry in an accounting software is the most important basic process. I am posting a special series of articles specifically for voucher entry only. In this series, I will post with all the voucher entry problems and solutions along with case study. but before we go ahead it is better to be familiar with the voucher entry sections. Buttons, options, and menu which are available in this section will increase your knowledge and will help you [Read more…] about How to do voucher Entry in Tally.ERP 9
As a Chartered Accountant student, I am fond of Tally.ERP 9 not just because it is very much easy to operate but because of its varied uses. Tally.ERP 9 is so much vast and basic that you can use in your own way just like you can use MS Excel in your own way.Let’s understand best Advanced Features of Tally.ERP 9
After the release of Tally.ERP 9, more functionalities have been added for the ease of users so that you do not have to go anywhere else or into any other software for your business operation needs.
If you have a business and want to handle everything from billing to accounting to staff management, let me tell you that all of these functions along with other useful functionality for running your business smoothly are present in Tally.
In this article, I will introduce you to some of the advanced, useful and time-saving [Read more…] about 5 Best Advanced Features of Tally.ERP 9