TallySchool

Month: May 2024

  • View Pending Sales Orders in TallyPrime: 5 Steps + Example

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    Rishit Shah
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    Here’s a detailed explanation with steps on how to view pending sales orders in TallyPrime, along with an example: 1. Steps to View Pending Sales Orders in TallyPrime: Alternatively, you can use a keyboard shortcut: 2. Viewing the Pending Sales Orders Report: The “Pending Sales Orders” report displays a list of all unfulfilled sales orders…

  • Comparison of Data in Stock Summary Report in TallyPrime: 2 Examples

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    Rishit Shah
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    The Stock Summary Report in TallyPrime offers a powerful tool for comparing various aspects of your inventory across different categories. This allows you to analyze trends, identify areas for improvement, and make informed inventory management decisions. Here’s a detailed explanation of how to compare data in the Stock Summary Report with examples: 1. Comparing Data…

  • Stock Item Monthly Summary Report in TallyPrime: 5 Easy Steps

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    Rishit Shah
    in

    TallyPrime offers the Stock Item Monthly Summary report to provide detailed insights into the movement and quantity of a specific stock item over a chosen period, typically broken down by month. Here’s a breakdown of how to access and understand this report with examples: 1. Accessing Stock Item Monthly Summary: 1. Go to the Stock…

  • Know Your Stock Details in TallyPrime: 4 Easy Ways + 4 Examples

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    Rishit Shah
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    TallyPrime offers several functionalities to help you understand your stock details effectively. Here’s a breakdown of the key methods and examples: 1. Stock Summary Report in TallyPrime: This report provides a comprehensive overview of your inventory, including: 1. Opening Stock Value: The total cost of your stock items at the beginning of the selected period.…

  • Cleared Purchase Bills in TallyPrime: 5 Easy Steps + Example

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    Rishit Shah
    in

    In TallyPrime, Cleared Purchase Bills represent purchase transactions where both the goods and the corresponding bill (invoice) have been received and processed. They signify a complete purchase cycle, from receiving the inventory to settling the payment obligation to the supplier. Here’s a detailed explanation of Cleared Purchase Bills with examples: 1. Understanding Cleared Purchase Bills…

  • Bills Received But Goods Not Received in TallyPrime: 2 Examples

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    Rishit Shah
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    This situation occurs when you receive a bill (invoice) from a supplier for goods you haven’t yet received. While TallyPrime doesn’t have a specific voucher type for this scenario, you can manage it effectively using the following methods: 1. Manual Journal Entry (Recommended): This method provides a clear record of the outstanding purchase liability while…

  • Goods Received But Bills Not Received in TallyPrime: 2 Examples

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    Rishit Shah
    in

    This situation arises when you receive inventory from a supplier but haven’t yet received the bill (invoice) for the purchase. TallyPrime offers functionalities to record this scenario and manage your inventory effectively. Here’s a detailed explanation with examples: 1. Recording Goods Received But Bills Not Received: 1. Create a Receipt Note: 2. Importance of Receipt…

  • Stock Group Summary in TallyPrime: 4 Steps + Example

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    Rishit Shah
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    The Stock Group Summary report in TallyPrime offers a consolidated overview of your inventory, categorized by pre-defined stock groups. It provides a higher-level perspective compared to the Stock Summary report, helping you analyze inventory performance across product categories. Here’s a detailed explanation with examples on how to view it: 1. Understanding Stock Group Summary: 1.…

  • Stock Summary in TallyPrime: Easily Explained with Examples

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    Rishit Shah
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    In TallyPrime, the Stock Summary report serves as a vital tool for understanding your inventory health at a glance. It provides a comprehensive overview of your stock items, including their quantity, value, and movement throughout a specific period. 1. Understanding Stock Summary in TallyPrime: 1. Information Provided in the Stock Summary Report: 2. Benefits of…

  • View Edit Log for Stock Items in TallyPrime: 2 Methods + Example

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    Rishit Shah
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    In TallyPrime, the Edit Log functionality allows you to track and review any changes made to stock item information. This is particularly valuable for maintaining transparency and ensuring data integrity in your inventory management. Here’s a detailed explanation on how to view the Edit Log for stock items in TallyPrime, including an example: 1. Accessing…