We have already discussed some tips and tricks in tally.erp 9. today we will browse some more tips

Value Added Tax

Did you know that you can provide the opening balance for Input Tax Credit of a new Company?

Yes, it is possible to provide the Opening Balance for Input Tax Credit in a newly created company by giving the amount in the Opening Balance field followed by Dr for the Input VAT Ledger grouped under Duties & Taxes and Type of Duty/Tax as VAT. The opening balance will be displayed in the VAT Computation and the respective Forms. Selection of Vat/Tax class is optional.

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Service Tax

As you are well aware that service tax module in tally.erp 9 release 1.81 has been complete re written.
Below information will also help you on a specific issue in this relation.
Some services wish to raise bills on number of man hours spent for a project/service and calculate service tax on the bill amount. It can be handled in simple manner through Tally.ERP 9.

  • Create the required Service as a Stock Item
  • Mention the Units of measure as Hour or Man Hours
  • Set the Costing Method to At Zero Cost in Behaviour

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  • Create Service Ledger under Sales Account/Direct Incomes as required
  • Set Is Service Tax Applicable to Yes
  • Select the required Service Category

In case you are creating the Service Ledger under Direct Incomes/Indirect Incomes ensure the following:

  • Set Inventory Values are affected to Yes in Service Ledger Master
  • From Gateway of Tally > F12:Configure > Voucher Entry and set Allow Income Accounts in Sales Vouchers to Yes

‚ÄĘ Enable Service Provider/Receiver for Party Ledger

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More information you may find from the page http://www.tallysolutions.com

For tax related information there is a very informative site www.simpletaxindia.org. you must have a look to the same

If you have some more tally tips then do not feel shy to share it with tallynine.com readers

29 thoughts on “More tips and tricks in tally.erp 9

  1. Abhishek Bhardwaj says:

    Nice blog! had been searching for something similar for the past few days and I am glad that I found your blog.. Keep ticking with new info!! ūüôā

  2. Sir thanks for this blog. but i am not a regular net user. when i needed then i went to cyber cafe and use internet. but i want to improve my account related knoledge and want to learn tally so please can you give me some notes on my email id or please tell me some way where i can find this notes like your blog. its very simple and understandable. Your language is very easy so that i can easily understand it. i also attand the course of tally last year but i cannot find good solution. so please help me so that i can learn tally. please provide me notes on my email id or tell me some solution. I will be thankful to you for this. thanks once again.

    1. Dear Shyam,

      Nor I have any notes nor I do provide these to email ID’s of any one. Ofcours when my readers have some specific problem they mention the same to me, and I help them. I provide help people to free of cost relating to tally.erp 9 and accountancy within my limit and capacity. You have to take trouble to visit cyber cafe or any means.and finally these kind of notes will not help you or anybody to learn tally.erp 9. Accountancy and tally.erp 9 is not a thing that you read some notes and started working….. it requires a lot of hard working, a lot of research, a lot of practice.Even if you browse my site you will find atleast 30-40
      important articles on how to go ahead to learn and how to make practice.
      However I will suggest you to download tally reference materials from the download section and do visit this blog for future learnng purpose.
      Thanks for your comments

      1. PUSHPENDRA KUMAR SINGH. says:

        Sir thanks for this blog. but i am not a regular net user. when i needed then i went to cyber cafe and use internet. but i want to improve my account related knoledge and want to learn tally so please can you give me some notes on my email id or please tell me some way where i can find this notes like your blog. its very simple and understandable. Your language is very easy so that i can easily understand it. i also attand the course of tally last year but i cannot find good solution. so please help me so that i can learn tally. please provide me notes on my email id or tell me some solution. I will be thankful to you for this. thanks once again.

        1. Pushpendra,
          Thanks for inputs but I am sorry as I don’t have any notes. However you can download the reference materials from the download section of the site. It may help you a lot

      2. Shamender Singh says:

        We buy GSM modules which are tracked by IMEI numbers. We use them to produce trackers. The trackers are tracked using IMEI numbers and are then sold. We get a list of IMEI numbers in excel during purchase. We have to enter that 4 times (one for purchase, twice for stock journal and 1 for sale). How can we automate this process? Please advise

  3. sir
    plz help me in tallp erp 9

    1. Anu,
      I hate this kind of comments on tallynine.com where people are not sure what kind of help they require!!! Please be specific first about your exact problem then ask for what kind of help you requires!

  4. T. jay shankar says:

    DEAR SIR, WHEN WILL WE HAVE THE BEST VERSION OF TALLY 9. ERP AS U POSTED EARLIER IN UR BLOG REGARDING THE PROBLEM OF TDS SO WHEN CAN WE EXPECT THE NEW BETTER VERSION OF TALLY I AM WAITING FOR IT AS WE HAVE TO INSTALL IN OUR FIRM. YOU ARE DOING A GREAT JOB SIR.

    1. T. Jay Shankar,
      Thanks for your inputs.
      That problem was resolved in its subsequent release.
      You can go ahead with the latest release 2.1. It is working fine.
      If you wish to buy it, then I can help you in installing the same.
      We are authorised tally service partner.

  5. S.Harikrishnan says:

    I am a distributor using Tally.ERP 9. Please advice me how to generate product wise & customer wise sales report. Is it possible to generate the same with all the products in one excel sheet.

    Thanks with regards,

    S.Harikrishnan

    1. Dear Harikrishnanji,
      Yes, it is possible but you must specify your tally serial number. Please do let me know.
      Don’t worry I do not publish tally serial number of any tally user on the site.
      Alternatively, you can send me it through gmail/Gtalk at mkr2005

  6. kAPIL DEV SANTRA says:

    SIR .
    I WANT A PARTY LEGER GROSSE MARJINE WHW TO SOLVE THISE PROBLEM ..

  7. parul shah says:

    sir,

    i am eagerly waiting for series b when it will be launched

    parul

  8. T.jay shankar says:

    Dear sir.
    I am currently working as a faculty in Institute of computer accountants Midnapur center and want to be a authorised tally trainer. What should i do for this?

  9. Sk Wajid Atahar says:

    Hello Sir,

    I want to know what is the entry of labour charges in tally. like our new project is on work the labour contractor paid in advance and didn’t give any bill how we balance our labour charges account. If the labour give any bill then how we entered it in tally. please sir reply me.

    1. Hello Wajid,
      The question is related to accounting.
      I have posted articles about basic of accountancy if you read them than you will be able to understand how to record such transactions

  10. Dear Mahendra,

    How to record Labour Transactions in Tally.
    E.G. I am owner of company ABC and I take raw materials (R1&R2) from Sundry Debtors say ‘X’ and then I deliver the finish product to ‘X’ on which I charge my Labour say amt Rs. 100.
    I am not sure how to record this transaction.
    How to account for raw material entry in tally (received from X in my company).

    1. Hello Sonick,
      From your query, I understand you are referring to recording of job work.
      It is not possible to record such transactions perfectly in Tally.erp 9 but only if you are using Release 3.1 of Tally.erp 9
      Its a bit long process to explain job work in Tally. you need to create several one time settings in Tally.erp 9, have to create 4 different vouchers types.
      Recently last month, I set up this system for one of my client and it is working fine for them.

  11. how to use some feature on tally erp.9 pls tel me any body

    1. Calculate Basic rate through DP in voucher
    2. In Receipt Details of Currency and In Print
    3. At the Time of Voucher Display Ledger Details
    4. In Invoice Print wants to Print Nett Balance Details ( Op.Bal/Bill/Cl.Bal)
    5. Automatic Pick the Qty from Total IMEI Numbers Input

  12. Aman Sharma says:

    sir i have the latest version of tally.erp. but i have one problem in tally.erp. the problem is that when i work in tally.erp, many time its stop working(Not responding) and after 5 or 10 minutes later it is start working again.Mostly when i open the cash or bank ledger.Sir i have one more problem in tally.erp. sir our business is re-trading. we have resale mobile phones. so can u plz tell me where i can enter the item’s IMEI no. in inventory vouchers. in present i am enter the IMEI no.of the product in the place of Batch no. or lots no. can u tall me from where i enable the option of IMEI no. is this feature is available in Tally.er9 or not. thanks and regard, Aman Sharma.

    1. Hello Aman,
      Currently there is no such facility in default Tally. But I have a Tdl which can serve your purpose.
      Right now I m travelling so will send you details next week

  13. Shailendra Bansal says:

    We buy GSM modules which are tracked by IMEI numbers. We use them to produce trackers. The trackers are tracked using IMEI numbers and are then sold. We get a list of IMEI numbers in excel during purchase. We have to enter that 4 times (one for purchase, twice for stock journal and 1 for sale). How can we automate this process? Please advise.

    1. Hello Shailendra,
      I will respond you next week as right now I n travelling

  14. can you provide depreciation schedule as required by the income tax in tally?

    1. Mukul,

      Tally doesn’t support Depreciation. Depreciation to be passed manually.

  15. yashika sharma says:

    how to track party wise sales chart say from apr ’11 – apr ’12?

  16. Sir,
    Thank U For giving knowledge to us

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