Inter cash/bank transactions are known as contra and there is 3 way to deal with such vouchers in tally.Using single entry method and using contra as payment/receipts voucher is the most appropriate way to record such transactions as per my experience
sometimes non accounting vouchers are required to be passed in tally for certain uncertain transactions.In tally this can be done through a memorandum voucher. memo vouchers can be turn to normal accounting vouchers at any time.
ledger is always supported by a related group and ledger creation in tally is very important but boring work sometimes.learn how to create multiple new ledgers in tally in one go without mistake and with speed.
Voucher class are great tools in tally for speedy and error free entry in tally.one such great voucher class is auto duty calculation by which you can set up duty calculation for sales and purchase voucher to avoid any mistake in voucher entry
every professional business unit, who is using tally.erp 9 must renew its tally.net subscription to avail a host of benefits e.g. remote edit, free updates,remote view, to avail services of free lancer professionals etc. a genuine business can’t afford to stay backward by using an outdated accounting software
What is bad debt and how it is accounted in the books account. how it affects financial of the company. this post will help you how to make journal entry for such bad and doubtful debts
A journal entry is very important in preparation of books of account and finalization of financial statements. all pre paid expenses must be transfer to prepaid expenses account to ascertain correct profit of the company during a year. learn how to pass a prepaid journal entry
like any other professional payroll system, tally is a complete payroll system and it also require a one time set up for salary structure, attendance creation etc. after that entire payroll system is automated in tally. learn how to create salary structure and how to pass salary voucher in tally
tallynine.com added one more facility to upload your tally data for our review. we will check your tally data and will help you for proper and professional accounting entries. learn tally for free by using the site
Branch stock transfer are made against form F and how to journal entries for branch accounts and how to set up a branch ledger and head office ledger in tally.