Category Archives: Advanced

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 […]

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 […]

Cost Centre in Tally ERP 9 with GST + Cost Categories + 2 Examples

Cost Centres in Tally ERP 9

Cost centre in tally is essentially used to track expenses or costs relating to a purchase, sales or manufacturing in tally. When we say, cost centre, we generally mean where the expenses are being allocated to. For example, there are selling costs of ₹10,000 – but from which area we have spent the money or […]

Payroll in Tally ERP 9 – Salary Entry + Free PDF Download

Payroll in Tally ERP 9 - Salary Details + Free PDF Download

Today, I will be showing you one of the most demanded features of tally i.e. payroll in tally. I will be showing you everything which includes employee categories, attendance, pay heads, salary details, income tax details and so on. Tally is called Tally ERP 9 because it is much more than just accounting. It is […]

Multi-Currency in Tally ERP 9 with GST – Convert $ to ₹ – 2 Examples

Multi-Currency in Tally ERP 9 with GST- Convert $ to ₹

Multi-currency in tally is useful when you are dealing in foreign exchange transactions and you need to enter both the currencies in tally. There is a special feature called multi-currency in tally with which you can create different currencies and set exchange rates for them in tally. We are going to look at it and […]

GSTR 1 in Tally ERP 9 – Automatically Created & Easy Export

GSTR 1 in Tally ERP 9 - Automatically Created & Easy Export

In this post, you will learn how GSTR 1 in Tally ERP 9 is automatically created and how you can easily export it and upload it to the GST Portal for filing your GST returns. GST returns in Tally – be it GSTR 1, GSTR 2, GSTR 3B, GSTR 4 or any other relevant returns […]

Amazing Different Use of Tally: Saves Time & Money

I am so much into Tally that I started this blog, created a Free Tally Course Online, produced till date more than 100 video tutorials and on a Tuesday afternoon I’m still thinking about using Tally in a different way. 🙂 A different way in which both the client (if you are having accountancy clients) and the person providing […]

Take care of Security in Tally this way

You just can’t ignore security in Tally. Tally is such a vast accounting software that you can do almost anything with it as far as it is related to accounting and business. Every single detail of business, right from the name of the business to the Balance Sheet. Just imagine everything a business can do and […]

Capital Gains in Tally

Capital gains computation in Tally is one of the most debated issue on the web, especially when it comes to capital gains arising from trading of stocks and other similar financial instruments. There are several add-ins which you can buy with the help of which you can easily compute capital gains in Tally. But the […]

How to create a Budget in Tally

This is the first Modi Budget and people had lots of expectations from first ever budget in the so called Modi Sarkar, but they did not quite well did up to the people’s expectations. Although they did better than the last budget by the previous government but it was not up to the very high […]