GST Composition Dealer Accounting Entries in Tally – Sales & Purchases

GST Composition Scheme Accounting Entries in Tally - Sales & Purchases

Today, we are going to see that if you are a GST composition dealer, how you can pass accounting entries in tally for that including sales and purchases transactions in tally. As a composition dealer, you have to normally pay GST tax when you purchase something but when you sell anything, you cannot collect taxes […]

GSTR 3B in Tally ERP 9 – Upload & Filing in Tally

GSTR 3B in Tally

Today, we are going to learn how to generate and file GSTR 3B in Tally ERP 9. It is one of the most used features of tally. GSTR 3B is a summary return. It includes a summary of GSTR 1 and GSTR 2. We have already seen both GSTR 1 in Tally and GSTR 2 […]

GSTR 2 in Tally ERP 9 + GSTR 2A Reconciliation in Tally

GSTR 2 in Tally

Today we are going to see GSTR 2 in Tally ERP 9 which is the second GST return used for recording GST purchases in tally. GSTR 1 in Tally used to record sales in tally. GSTR 2 contains the information about all of your purchases. It means it will be sales for the other parties […]

Basic Accounting Entries in Tally ERP 9 – Easy Peasy

Basic Accounting Vouchers in Tally

Basic accounting entries  in Tally require you to understand basic accounting vouchers in Tally. There are many advanced vouchers in tally but in this post, we are going to look at the most basic accounting vouchers which we use in our day to day use. Even if you are starting up a new business, then […]

GST Reverse Charge Entry in Tally – RCM in Tally ERP 9

GST Reverse Charge Entry in Tally ERP 9

Today, we are going to learn about GST Reverse Charge Entry in Tally ERP 9 in detail including freight and transportation charges as well. I have already explained GST Accounting Entries in Tally but now we are going to see the entire reverse charge mechanism for gst accounting entries in tally. Reverse Charge Mechanism is […]

Business StartUp Entries in Tally – With Cash/Bank/Capital

Business StartUp Entries in Tally

When we start a business, there is a simple way to pass basic accounting entries in tally. They are called business startup entries in tally. Starting a business is in itself is a mammoth and tough task. With that, basic business accounting is one of the most important tasks. Because without basic accounting, you won’t […]

Depreciation Entry in Tally – With Accumulated Depreciation Journal Entry

Depreciation Entry in Tally ERP 9

Depreciation entry in tally is one of the most easiest accounting entries in tally. You just need to know 2 things for that. First is the amount of depreciation and the second one is the asset on which depreciation is to be taken. When you know the answer to these two questions, you just need […]

GST Tax Payment Entry in Tally ERP 9 – Input & Output GST Adjustment

GST Tax Payment Entry in Tally

Today, we are going to look at each and every type of GST tax payment entry in Tally ERP 9. We have already seen how to pass GST accounting entries in tally. Once they are done, we have to pay our taxes or take credit. There are different journal entries in tally along with statutory […]

Tally Entries for Construction Company + GST Works Contract Accounting

Tally Construction Entries

In this post, we are going to look at tally entries for a construction company. We will also be looking for accounting entries for works contract in tally. It is because construction and works contract are inter-related. In short, we are going to look at everything in tally there is, related to construction or real […]

Trial Balance in Tally ERP 9 – Export in PDF & Excel + Hindi Translation

Trial Balance in Tally

Today, we are going to understand trial balance in Tally ERP 9. We will also see trial balance difference in tally, trial balance format, configuration in trial balance and much more. Basically, we are going to learn everything related to trial balance in tally and I will teach you with 100% clarity. Let’s begin!  What […]

What is Tally – Including GST + Learn Easily how to Use Tally

What is Tally - Including GST + A Detailed Understanding

So you want to know what is tally? It is popularly known as an accounting software for small and medium businesses. It does all the functions of accounting that a particularly mid sized business has. This is the view of most of the persons who know about Tally. But this accounting software is much more […]