Category: Beginner
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Gateway of Tally (Tally Prime): Easily Explained in 4 Steps
In TallyPrime, the Gateway of Tally serves as the main navigation hub, providing access to all functionalities and information within your company data. It essentially acts as your point of entry and control center for managing financial records, accounts, transactions, and various operations. Here’s a breakdown of its key features: 1. Information Panel: 2. Main…
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How to View Accounting Reports in TallyPrime: 2 Easy Methods
Viewing accounting reports in TallyPrime involves navigating through different areas depending on the specific report you need. Here’s a breakdown of two main methods: 1. Gateway of Tally Method: This method offers a step-by-step approach to finding specific reports. Steps for Viewing the Reports from Gateway of Tally: 2. Go To Feature Method: This method…
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How to Set GST Details in TallyPrime: 5 Easy Steps
Here are the steps on how to set GST details in TallyPrime: 1. Enable GST for the Company: 2. Set Company GST Details: 3. Set GST Rates for Stock Items: 4. Set GST Details for Ledgers: 5. Additional Steps for Specific GST Registration Types: Composition Dealers: Regular – SEZ: Remember this while You Set GST…
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How to Create Contra Voucher in TallyPrime: 6 Easy Steps
Here’s how to create a contra voucher in TallyPrime: 1. Access the Contra Voucher Screen: 2. Enter Voucher Details: 3. Select Accounts: 4. Enter Amounts: 5. Allocate Amounts (if applicable): 6. Save the Voucher: Common Examples of Contra Vouchers: Additional Tips while Creating Contra Entry in TallyPrime:
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How to Create a Payment Voucher in TallyPrime: 7 (Thala) Steps
Here’s how to create a payment voucher in Tally, with examples and numbers: 1. Access the Payment Voucher: 2. Enter Voucher Details: 3. Select Party Ledger to Credit: 4. Enter Account to Debit: 5. Enter Amount: 6. Add Narration (optional): 7. Save: Payment Voucher Examples in TallyPrime Example 1: Paying a supplier: Example 2: Paying…
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How to Create a Receipt Voucher in TallyPrime: 7 (Thala) Steps
Here’s how to create a receipt voucher in Tally, with examples and numbers: 1. Access the Receipt Voucher: 2. Enter Voucher Details: 3. Select Account to Debit: 4. Enter Party Ledger (Credit): 5. Enter Amount: 6. Add Narration (optional): 7. Save: Receipt Voucher Examples in TallyPrime: Example 1: Receiving customer payment: Example 2: Receiving loan…
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How to Create a Journal Voucher in TallyPrime: 5 Easy Steps
Here’s how to create a journal voucher in Tally with examples and numbers: 1. Access the Journal Voucher: 2. Enter Voucher Details: 3. Enter Debit and Credit Accounts: Journal Voucher Examples in TallyPrime: Example 1: Recording depreciation expense Example 2: Recording accrued interest income Example 3: Transferring funds between accounts 4. Add Narration (optional): 5.…
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How to Create a Purchase Voucher in TallyPrime: 8 Easy Steps
Here are the steps on how to create a purchase voucher in TallyPrime: 1. Access the Purchase Voucher: 2. Choose Voucher Mode: 3. Enter Voucher Details: 4. Select Party Ledger: 5. Enter Purchase Details: Item Invoice Mode: Name of Item: Select the stock item purchased.Quantity: Enter the quantity purchased.Rate: Enter the unit purchase price. TallyPrime…
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How to Create a Sales Voucher in TallyPrime: 8 Easy Steps
Here are the steps on how to create a sales voucher in TallyPrime: 1. Access the Sales Voucher: 2. Choose Voucher Mode: 3. Enter Voucher Details: 4. Select Party Ledger: 5. Enter Sales Details: Item Invoice Mode: Name of Item: Select the stock item sold.Quantity: Enter the quantity sold.Rate: Enter the unit selling price. TallyPrime…
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How to Create a Stock Group in TallyPrime: 6 Easy Steps
Here are the steps on how to create a stock group in TallyPrime: 1. Access the Stock Group Creation Screen: 2. Enter Group Details: 3. VAT Configuration (if applicable): 4. Excise Configuration (if applicable): 5. Other Options: 6. Save: Additional Tips while Creating Stock Groups in TallyPrime: