Start Your Online Tally Classes: A Complete Guide

Bank Reconciliation in Tally Erp9 Step 1: Gather Documents Collect the necessary documents, including bank statements, passbook entries, and relevant accounting records such as cash book or bank ledger in Tally ERP 9.   Step 2: Open Bank Reconciliation in Tally ERP 9 From the Gateway of Tally screen, navigate to the Banking menu or press "B" on your keyboard, and select "Bank Reconciliation" from the options.   Step 3: Select Bank Ledger Choose the bank ledger for which you want to reconcile transactions. Tally ERP 9 will display a list of bank transactions for the selected ledger.   Step 4: Enter Bank Statement Details Enter the details from the bank statement, including the statement date, opening balance, and closing balance. Ensure that the details match the bank statement accurately.   Step 5: Start Reconciliation Process Tally ERP 9 will display a reconciliation screen with two columns: Bank Book and Bank Statement. Now, you can sta...

Basics About Goods & Service Tax (GST)      Goods and Services Tax (GST) is a comprehensive indirect tax system implemented in many countries, including India. It was introduced with the aim of simplifying the taxation structure, eliminating cascading effects, and promoting a unified market. Here's a brief overview of GST:   1. What is GST? GST is a value-added tax levied on the supply of goods and services at each stage of the supply chain, from manufacturers to consumers. It replaced multiple indirect taxes such as excise duty, service tax, VAT, and others, streamlining the tax regime.   2. GST Structure: GST is classified into two components: Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST). Both are levied by the central and state governments, respectively, on intra-state supplies. For inter-state supplies, Integrated Goods and Services Tax (IGST) is levied by the central government.   3. GST Registration...

Make Sales Order In Tally Erp.9 To create a sales order in Tally ERP 9, you can follow these step-by-step instructions:   Step 1: Launch Tally ERP 9 and open the company in which you want to create the sales order.   Step 2: From the Gateway of Tally screen, select "Accounting Vouchers" or press "FV" on your keyboard.   Step 3: In the Accounting Vouchers screen, select "Sales Order" or press "Ctrl+F5" on your keyboard to choose the sales order voucher type.   Step 4: Fill in the necessary details in the sales order:      a. Date: Enter the date of the sales order.    b. Customer's A/c Name: Select the customer or buyer from the list or create a new ledger account if it doesn't exist.    c. Under Particulars: Select the sales ledger account or create a new one if needed.    d. Additional Details: You can add any additional information or remarks related to the sales order.   Step 5: After ...

Make Purchase Order in Tally Erp9      To create a purchase order in Tally ERP 9, you can follow these step-by-step instructions: Step 1: Launch Tally ERP 9 and open the company in which you want to create the purchase order. Step 2: From the Gateway of Tally screen, select "Accounting Vouchers" or press "FV" on your keyboard. Step 3: In the Accounting Vouchers screen, select "Purchase Order" or press "F4" on your keyboard to choose the purchase order voucher type. Step 4: Fill in the necessary details in the purchase order:    a. Date: Enter the date of the purchase order.    b. Supplier's A/c Name: Select the supplier or vendor from the list or create a new ledger account if it doesn't exist.    c. Under Particulars: Select the purchase ledger account or create a new one if needed.    d. Additional Details: You can add any additional information or remarks related to the purchase order. Step 5: After filling in t...

Make Sales Invoice In Tally Erp9 To create a sales invoice in Tally ERP 9, follow these step-by-step instructions: Step 1: Launch Tally ERP 9 and open the company in which you want to create the sales invoice. Step 2: From the Gateway of Tally screen, select "Accounting Vouchers" or press "FV" on your keyboard. Step 3: In the Accounting Vouchers screen, select "Sales" or press "F8" on your keyboard to choose the sales voucher type. Step 4: Fill in the required details in the sales invoice:    a. Date: Enter the date of the sales transaction.    b. Party's A/c Name: Select the customer or buyer from the list or create a new ledger account if it doesn't exist.    c. Under Particulars: Select the sales ledger account or create a new one if needed.    d. Amount: Enter the amount of the sales transaction.    e. Additional Details: You can add any additional information or remarks related to the sales invoice. Step 5: After...