Month: October 2024
-
Sales Against Advance Receipts in TallyPrime: 5 Steps + Example
1. Understanding Advance Receipts in TallyPrime Advance receipts are payments received from customers before the delivery of goods or services. When you record a sale against an advance receipt, you’re essentially adjusting the customer’s account balance to reflect the sale and the remaining balance. 2. Steps to Record Sales Against Advance Receipts in TallyPrime: 1.…
-
Receipts with Discounts in TallyPrime: 6 Easy Steps + Example
1. Understanding Discounts in TallyPrime Discounts can be offered to customers for various reasons, such as early payment, bulk purchases, or promotional offers. In TallyPrime, you can record discounts while receiving payments. 2. Steps to Record Receipts with Discounts in TallyPrime: 1. Go to Receipts Voucher: Go to Gateway of Tally > Vouchers > Press…
-
Recording Advance Receipts in TallyPrime: 6 Steps + Example
1. Understanding Advance Receipts in TallyPrime Advance receipts are payments received from customers before the goods or services are delivered. In TallyPrime, you can record these receipts using the Receipt voucher. 2. Steps to Record Advance Receipts in TallyPrime: 1. Go to Receipts Voucher: Go to Gateway of Tally > Vouchers > Press F5 (Receipt).…
-
Receipt Against Sales (Bank) in TallyPrime: 5 Steps + Example
1. Understanding Bank Receipts in TallyPrime When you receive payments from customers via bank transfers, you need to record these receipts in TallyPrime to update your accounts and track cash inflows. 2. Steps to Record Receipt Against Sales (Bank) in TallyPrime: 1. Go to Receipts Voucher: Go to Gateway of Tally > Vouchers > Press…
-
Receipt Against Sales (Cash) in TallyPrime: 5 Steps + Example
1. Understanding the Process of Recording Receipt Against Sales (Cash) in TallyPrime When you receive cash payments from customers for your sales, you need to record these receipts in TallyPrime to update your accounts and track cash inflows. 2. Steps to Record Receipt Against Sales (Cash) in TallyPrime: 1. Go to Receipts Voucher: Go to…
-
Display Comparative Sales Register in TallyPrime: 3 Easy Steps
1. Understanding Comparative Sales Register in TallyPrime The Comparative Sales Register in TallyPrime allows you to compare sales data across different periods, such as months, quarters, or years. This is a valuable tool for analyzing sales trends, identifying growth or decline, and making informed business decisions. 2. Accessing Comparative Sales Register in TallyPrime: 3. Configuring…
-
Match Gross Profit in Sales Register TallyPrime: 3 Steps + Example
1. Understanding Gross Profit in TallyPrime Gross profit is the difference between net sales revenue and the cost of goods sold (COGS). It’s a key metric used to assess a business’s profitability. 2. Matching Gross Profit in TallyPrime To ensure that the gross profit calculated in the Sales Register matches the figures in the Stock…
-
Sales Register with Profitability in TallyPrime: 4 Steps + Example
1. Understanding Profitability Analysis in TallyPrime To analyze the profitability of your sales in TallyPrime, you can combine the Sales Register with other reports to calculate and display profit margins. 2. Steps to Analyze Profitability in Sales Register in TallyPrime: 1. Generate Sales Register: 2. Calculate Cost of Goods Sold (COGS): 3. Calculate Profit: Subtract…
-
View Extract of Sales Register in TallyPrime: 3 Steps + Example
1. Understanding the Extract of Sales Register in TallyPrime The Extract of Sales Register in TallyPrime is a specialized report that allows you to view a specific subset of your sales data based on defined criteria. It’s particularly useful for analyzing sales performance within a particular timeframe or for specific customers or products. 2. Accessing…
-
Columnar Sales Register in TallyPrime: 4 Steps + Easy Example
1. Understanding Columnar Sales Register in TallyPrime The Columnar Sales Register in TallyPrime is a customizable report that allows you to view sales data in a tabular format with specific columns. You can choose which columns to include and their order, making it a flexible tool for analyzing sales performance. 2. Key Features of Columnar…