Category: Advanced

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.…

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…

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…

1. Understanding Automatic Printing of Invoices After Saving in TallyPrime TallyPrime allows you to configure automatic printing of invoices upon saving the voucher. This can streamline your workflow and reduce manual steps. 2. Steps to Enable Automatic Printing of Invoices After Saving in TallyPrime: 1. Go to Voucher Types: Go to Gateway of Tally >…

1. Understanding the Requirement When dealing with physical goods, especially those shipped in containers or with specific markings, it’s often essential to include this information on your sales invoices or other relevant documents. 2. Steps to Print Marks or Container Number & Number of Packages in TallyPrime: 1. Create Custom Fields: 2. Place the Fields:…

1. Understanding Invoice Print Size in TallyPrime The print size of your invoices can significantly impact paper consumption. By optimizing the print size, you can reduce paper usage and save costs. 2. Steps to Set Invoice Print Size in TallyPrime: 1. Go to Voucher Types: Go to Gateway of Tally > Alt+F1 (Voucher Type). 2.…

1. Understanding PAN and CIN in TallyPrime 1. PAN (Permanent Account Number): A unique 10-digit alphanumeric code issued by the Indian Income Tax Department to individuals and entities. 2. CIN (Corporate Identification Number): A unique 21-digit alphanumeric code issued by the Ministry of Corporate Affairs to companies incorporated in India. 2. Steps to Print PAN…

1. Understanding Voucher Cancellation in TallyPrime In TallyPrime, canceling a voucher essentially reverses the transaction. It’s a useful tool for correcting errors or voiding transactions that were entered incorrectly. 2. Steps to Cancel a Sales Voucher in TallyPrime: 1. Go to the Voucher: 2. Create a Credit Note: 3. Enter Details: 4. Save the Credit…

In TallyPrime, the Edit Log feature is crucial for ensuring audit compliance by tracking modifications made to transactions, such as sales. This feature logs every change made to vouchers, including who edited the entry, when it was done, and what changes were applied. This is particularly helpful in businesses that need a detailed audit trail…

1. Understanding Multi-User Auto Voucher Numbering in TallyPrime In TallyPrime, multi-user auto voucher numbering ensures that vouchers are numbered sequentially and uniquely across different user workstations. This prevents duplicate voucher numbers and maintains data integrity in multi-user environments. 2. Key Features of Multi-User Auto Voucher Numbering in TallyPrime: 1. Sequential Numbering: Vouchers are assigned unique…