Tally Accounting Manual
Sep 30, 2008 - Accounting basics. Accountant can not take the dream without learn the basics of manual accountings. If you do not know the accounting rules.
- Title: Tally Manual Created Date: 3/7/2000 1:52:49 PM.
- Used by over 1M businesses worldwide, Tally is the best accounting & ERP software. Tally offers a simple and affordable business solution for small and medium businesses in UAE.
Tally will stimulate your work, but you must be thorough with this simple and use friendly software. There aren’t much free tally training resource online, Tallygame.com accept this mission, and we wish to give all the Tally ERP 9 Tutorials for free of cost. Only you need to do is, Visit our site and use & follow all our tally classes. Just subscribe our news letter, we will deliver periodical updates directly in your inbox. So keep visiting tallygame.com Basics Tutorials of Tally ERP 9 Here is the basic tally lessons we have published so far.
Tally ERP 9 Tutorials for extreme beginners company creation and related This lesson talks about how to use Tally ERP 9.The software interface. The basic usage. Menu,Navigation,Button Panel.Shortcut key etc. Basic Tutorial on moving through menu,using various keyboard,mouse and short cut keys & hot keys. After company creation, next you must know how to create company load and shut company for extreme beginner users of tally.
A simple guide about how to edit a company, There may be situtation to edit the address, phone number, or other details in tally erp9. This lesson teach you deleting of company already created. Calculator activation while working in tally,some tips and tricks to speed up the data entry. Tally ERP 9 Tutorial on Accounts Groups: Group creation in single mode explained, also how to edit and delete group in single mode.: Ledger group can be created using multiple group creation screen at a single place.: Guide on how to view and edit already created ledger group.: Tutorial on how to delete an account group. Leger Related Tally ERP 9 Tutorials: A comprehensive list of ledgers and under which group it is placed while creating ledger in Tally.: Learn how to create ledger in multiple mode. By using Multiple mode ledger creation screen we can create multiple ledger at a single place.: Sales ledger and purchase ledger are the most important ledgers.
In this lesson you will learn creating both.: A simple guide to create ledgers for recording expenses and Incomes.: In this lesson you will learn about party ledgers like,Creating sundry debtors and sundry creditors ledger in Tally ERP 9.: Learn how to create ledger while you are on the voucher entry without quitting the screen. Tally ERP 9 Tutorials related to voucher entry: This is a guide on how make voucher entry quickly, Implementing those tips in your work will make you a super user of Tally ERP 9. An can finish your work before you leave office.: Most important lesson on voucher entry.step by step guide to enter vouchers in Tally ERP 9.: Narration tips and tricks, You will get to know how to copy & paste narrations. Line breaks and other narration tricks.: How to enter compound voucher and activate narration for each entry.: Learn how a voucher is edited and how a voucher can be deleted.: Tally provides two types of voucher entry mode, single entry and double entry mode. Know how to do this.: Learn how to enter contra voucher. For recording cash deposit & withdrawal from banks.: This guide will tell you how to enter sales voucher, cash sale and credit sale are explained separately.Also teaching you the options available in sales voucher like Invoice mode, Voucher mode, and Accounting Voucher and Item Invoice. HOW TO DO INTEREST JV IN TALLY?
At the end of the financial year you pay interest to party means Cr- bank and Dr- party. (Rule- Dr receiver and Cr- giver) When you pay interest to party- the principle amount is also reduced.
Tally Accounting Package
To compensate that we need to add interest amount to Principle by JV and then pay same amount by payment voucher entry. So Dr- Interest expenses and Cr- Party This way we add interest amount to party. (Rule- Expenses are always Dr and income/gains are always Cr) Now we pay party by chq so Cr- Bank and Dr Party Final out come is as under Dr- Int expenses & Cr- Partry (Always expenses are Dr) Dr- Party and cr- Bank acct. (Rule- Dr receiver Cr- giver). Iam sudheesh,iam working in manufacturing concern in uae. Matly in bakery i have a doubt ie we have a product that is cakes.
One packet include 6 pieses of cakes,cost is 3 Dhirhams per packet that is.50 fill per cake pieses.we are selling only packets.we can not sale complete packet it will be retturn back in pieses.may be 1 or two pieses(.50 fills) that cake pieses is damages we are not using it further production. When it sold iam entering in sales journal in packets is 3 DHS,but how can i enter product retturn entry? Sir, I am working with a manufacturing concern, and having doubts as below. Is it possible to allocate direct expenses like wages, electricity etc to inventory value? The consumption of raw materials in kgs, and production also in kilograms. Is the correct method of accounting in manufacturing concern is to allocate direct expenses to inventory and thus increasing the closing stock value, thus increasing gross profit, or to show direct expenses separately which will decrease closing stock value result in loss.
Please give me correct solution.
Tally ERP 9 helps take this process many steps ahead with its revolutionary approach. It provides rich, multi-faceted features that offer the complete package for monitoring, controlling and managing your business. You can monitor funds and cash flow details conveniently. It also has different functions that help in tracking budgets, customer credit limits, bank reconciliation processes, cash balances and getting notifications incase of negative cash balance. The product also allows internal tracking of the audit process and revealing the post audit changes in the report. Features. Receivables & Payables Management.
Credit Management. Maintain Multiple Companies. Fund Flow & Cash Flow. Banking.
Auto or Manually Configured Cheque Printing. Unlimited Cost & Profit Centers. Multi Currency Accounting. Interest Calculation. Flexible Classification of Chart of Accounts.
Unified Groups and Ledgers. Consolidation of Companies. Budgets & Controls View. Contact Details at Report Level.
Cheque-Book Management. Auto or Manual Bank Reconciliation (Auto BRS). Tally ERP 9 helps simplify the invoicing process and helps in easily tracking sales Orders thus improving your Sales process. And purchases done in a particular period.
Updated & accurate stock status, planning manufacturing information and tracking sales particulars are seamless and thereby efficient. With this product, one can keep a check on stock stored at different locations, manage their movement, and re-order when necessary so as to ensure that the business functions smoothly. One can also manage particulars for effective management of sales and collections by choosing to enforce credit limits as and when necessary. Features Sales Management.
Sales/Tax Invoicing. Excise Invoicing. Sales Orders Processing. Stock Query from Invoice. Price List & Discount Management. Item-Wise & Invoice-Wise Profitability. Item Batch-Wise Details.
Multi Level Classification of Items. Sales Registers Purchase Management. Purchase Invoicing.
Purchase Orders Processing. Reorder Levels.
Item Batch-Wise Details. Additional Cost of Purchase. Purchase Registers. The payroll management functionality in Tally ERP 9 handles a number of payroll compliance checks right from payslip generation to salary revision, loans and advances, deductions, ad-hoc payments, etc. It also has additional features such as multiple salary structures for different employees, support for gratuity, accurate and timely payment advice to banks to streamline the operations of an enterprise. Features. Pay Slip Printing and E-Mailing.

Employee Category/Group-Wise Pay Sheet. Employee Profile, Group & Category. Employee Pay Structure Management. Attendance Recording & Pay Process. Payroll Accounting. Personal Income Tax with Reports. PF/ESI Calculation & E- Returns.
Payroll Exception Reports. Employee Profile Report.
Payment Advice. For any business or individual in India, understanding the various applicable taxes via the union government, state government and local bodies is important. With Tally ERP 9, one can easily determine the direct taxes (such as TDS and TCS) and indirect taxes (such as VAT, CST, Excise Duty,Service Tax, etc.) applicable to the business. Features. E-Filing (VAT/CST& Excise). Value Added Tax (VAT). Central Sales Tax (CST).
Service Tax. Tax Deducted at Source (TDS). Tax Collected at Source (TCS). Excise for Dealers. Excise for Manufacturers. XBRL Reports.


Schedule VI (Balance Sheet and P&L). When using data of such important nature and making it accessible across centres in a single platform, the question of data security and access control is raised. Levels of access control can be determined and the system can be locked down with the help of Tally ERP 9. Additional password protection, a feature that goes a long way to secure critical data, is also provided. The encryption is done such that an unauthorised user won’t be able to make use of the data at all.
Additional security and access needs, limited access to proprietary data using Tally ERP 9 serial numbers are also possible. A host of other capabilities in Tally.ERP 9 have been developed to enhance the efficiency and reduce the time and effort taken for various business processes. Close Tally ERP 9 allows you to manage multiple financial & business functions with the help of a single software. It has numerous features that allow seamless integration of business operations. Your staff, managers, chartered accountants and Business Owners can access and work on data irrespective of their location 24/7.
Tally Software offers efficient, simplified solutions for even the most complex business functions. Tally ERP 9 provides comprehensive control to meet the needs of both small and large businesses. It essentially is about high performance in business operations. Tally Software offers superior functionalities to Manage your accounts, Finance, Statutory & Inventory. It also helps you manage your branches, warehouses and manufacturing facilities with utmost ease and bring efficiency to your human resource and payroll management. It offers the ideal combination of flexibility, control over business operations and functionality, yet retaining the simplicity. Trusted remote access, round the clock connectivity, quick installation process and ease of use are all features that make across the globe.
Functionalities offered by Tally Software.