Tally Prime is a widely used accounting software that streamlines the process of managing business finances. One of the key features of Tally Prime is its ability to record a variety of financial transactions through different types of vouchers. What is a Journal Voucher in Tally Prime? Journal vouchers are used to adjust the […]
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Standard Narration module allows defining a list of standard Narrations & using the same while creation of a voucher. It like a Template, which can be used in any Transaction. ( Receipt ) Related Narrations Being cash received from M/s XYZ Traders (Cash) Being cheque received from M/s XYZ Traders (Cheque) Being amount received
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Voucher is a document containing the details of financial transactions. There are many types of vouchers in tally prime to enter the business transactions like sales, payment, contra, purchase, Receipt, debit note, etc. Types Of Vouchers In Tally Prime Accounting 1. Accounting Voucher – for accounting Entries 2. Inventory Voucher – for inventory entries 3.
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Gateway of Tally >> Balance Sheet The Balance Sheet is a report on the status of the financial affairs of a company at a given date. To view Balance Sheet: Step 1 Click on Balance Sheet Here you can see your balance sheet Vertical / Horizontal Form Of Balance Sheet The Balance Sheet
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Gateway of Tally >> Profit & Loss A/c The Profit and Loss Account shows the operational results over a given period. It lists out the Incomes and Expenditures based on the Primary Groups of Tally and the Profit & Loss Account in Tally is updated instantly with every transaction voucher that is entered and saved.
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Gateway of Tally >> Create >> Godown A Godown / location is a place where stock items are stored i.e. (warehouse or other storage place). You can specify where the stock items are kept. Step 1 Click on Create Step 2 Click on Location / Godown Step 3 Click on create new
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Gateway of Tally >> Create >> Stock Item Stock are those goods or products which are saleable And are used for business transactions. Stock Item refers to the goods that you manufacture or trade. You have to create a Stock Item in Tally Prime for each inventory item that you want to account for. Create
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Gateway of Tally >> Create >> Unit Stock Items are mainly purchased and sold on the quantity basis. Unit are the measurement unit of stock item. Every Stock item measured by a unit. Create Following Stock Unit Step 1 Click on Gateway Of Tally Step 2 Click on Unit for create new Stock
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Gateway of Tally >> Create >> Stock Category Stock categories is the categorization of the stock items of similar features belonging to different stock groups. Eg: If the company is dealing with Smartphones. The company’s inventory might consist of Smartphones of different brands like Samsung, Oppo, Vivo etc. Create following stock category Step 1 Click
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Step 1- Press F11 for Company Features open / Enable Inventory options Step 2- Click on Create Step 3- Click on Stock Group Step 4- Enter here Group Name ( SmartPhones) Enter here Group Name ( Laptops) Enter here Group Name ( Tablets) Results –
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