To record stock market entries in TallyPrime as investments, you can follow these steps:
1. Create Investment Ledgers:
- Go to Gateway of Tally > Masters > Create > Ledger.
- Create ledgers for each type of investment (e.g., Stocks, Mutual Funds, Bonds).
- Set the Group to “Investments” or a sub-group within Investments if you have specific categories.
- Optional: Set the Maintain Quantities option to “Yes” if you want to track individual shares and quantities.
2. Record Purchase Entries:
- Go to Accounting Vouchers > Journal.
- Select “Investment Purchase” as the voucher type.
- In the “Party/Account” field, select the Investment ledger you created for the specific asset.
- In the “Debit” field, enter the total amount invested.
- In the “Credit” field, select the bank or demat account from which you made the purchase.
- Enter the date and any relevant narration (e.g., Script name, Quantity purchased, Average price).
- Save the voucher.
3. Record Sale Entries:
- Go to Accounting Vouchers > Journal.
- Select “Investment Sale” as the voucher type.
- In the “Party/Account” field, select the Investment ledger for the asset being sold.
- In the “Credit” field, enter the total amount received from the sale.
- In the “Debit” field, select the bank or demat account where the proceeds were deposited.
- Enter the date and any relevant narration (e.g., Script name, Quantity sold, Sale price).
- 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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