Author: Rishit Shah
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Sales with Free Items Using Actual & Billed Quantities in TallyPrime
1. Understanding Free Items Using Actual and Billed Quantities in TallyPrime Free items are products or services offered to customers at no additional cost. When recording sales with free items, it’s essential to differentiate between the actual quantity sold and the billed quantity. 2. Steps to Record Sales with Free Items Using Actual and Billed…
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Sales with Trade Discounts in TallyPrime: 9 Easy Steps + Example
1. Understanding Trade Discounts in TallyPrime Trade discounts are discounts offered by suppliers to retailers or wholesalers. They are typically based on factors such as purchase volume, customer relationships, or promotional offers. 2. Steps to Record Sales with Trade Discounts in TallyPrime: 1. Create a Purchase Invoice: Go to Gateway of Tally > Vouchers >…
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Sales Discounts on Total Item Amount in TallyPrime: 5 Easy Steps
1. Understanding Sales Discounts in TallyPrime Sales discounts are reductions in the selling price of goods or services offered to customers. They can be based on various factors, such as early payment, bulk purchases, or promotional offers. 2. Steps to Record Sales Discounts on Total Item Amount in TallyPrime: 1. Create a Sales Invoice: Go…
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Sales with Additional Charges Without Cost Centers in TallyPrime
1. Understanding Additional Charges in TallyPrime Additional charges are supplementary costs added to the base price of a product or service, such as shipping fees, handling charges, or taxes. 2. Steps to Record Sales with Additional Charges in TallyPrime: 1. Create Sales Invoice: Go to Gateway of Tally > Vouchers > Press F8 (Sales). 2.…
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Sales with Additional Charges and Cost Centers in TallyPrime
1. Understanding Additional Charges and Cost Centers in TallyPrime 1. Additional Charges: These are supplementary costs added to the base price of a product or service, such as shipping fees, handling charges, or taxes. 2. Cost Centers: Cost centers are organizational units used to track costs and expenses. They help in identifying the cost of…
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Change Ledger for Item Allocation in TallyPrime: 4 Easy Steps
1. Understanding Ledger Allocation in TallyPrime When you allocate stock items to sales or purchases, TallyPrime automatically uses the default ledger associated with the stock item. However, you can manually change the ledger for specific allocations. This is useful when you need to allocate items to different accounts based on specific criteria. 2. Steps to…
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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.…
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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…
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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).…
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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…