Stock Market Entries in TallyPrime as (Investment): 3 Easy Steps

To record stock market entries in TallyPrime as investments, you can follow these steps:

1. Create Investment Ledgers:

  1. Go to Gateway of Tally > Masters > Create > Ledger.
  2. Create ledgers for each type of investment (e.g., Stocks, Mutual Funds, Bonds).
  3. Set the Group to “Investments” or a sub-group within Investments if you have specific categories.
  4. Optional: Set the Maintain Quantities option to “Yes” if you want to track individual shares and quantities.

2. Record Purchase Entries:

  1. Go to Accounting Vouchers > Journal.
  2. Select “Investment Purchase” as the voucher type.
  3. In the “Party/Account” field, select the Investment ledger you created for the specific asset.
  4. In the “Debit” field, enter the total amount invested.
  5. In the “Credit” field, select the bank or demat account from which you made the purchase.
  6. Enter the date and any relevant narration (e.g., Script name, Quantity purchased, Average price).
  7. Save the voucher.

3. Record Sale Entries:

  1. Go to Accounting Vouchers > Journal.
  2. Select “Investment Sale” as the voucher type.
  3. In the “Party/Account” field, select the Investment ledger for the asset being sold.
  4. In the “Credit” field, enter the total amount received from the sale.
  5. In the “Debit” field, select the bank or demat account where the proceeds were deposited.
  6. Enter the date and any relevant narration (e.g., Script name, Quantity sold, Sale price).
  7. Save the voucher.

If you encounter any specific challenges or have questions about your particular situation, you can contact me or comment below and I will help you.

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