Category: Advanced

1. Understanding Voucher Type Security in TallyPrime Voucher type security in TallyPrime allows you to restrict user access to specific types of vouchers. This helps maintain data integrity and control over financial transactions. 2. Steps to Set Up Voucher Type Security in TallyPrime: 1. Enable Voucher Type Security: 2. Create Voucher Groups: Organize your voucher…

TallyPrime allows you to implement granular security controls at the voucher group level. This means you can restrict access to specific voucher types for different user groups or individual users. 1. Key Steps to Enable Security for Pre-defined Groups of Vouchers in TallyPrime: 1. Create Voucher Groups: Organize your voucher types into logical groups based…

In TallyPrime, future-dated transactions can be recorded using the Effective Date feature. This allows you to record transactions with a posting date that is different from the effective date, which is useful for post-dated cheques or other financial planning scenarios. 1. Steps to Create a Future-Dated Transaction in TallyPrime: 1. Enable the Effective Date Feature:…

Procurement of materials with job costing in TallyPrime involves tracking the cost of materials used in specific jobs or projects. This helps you understand the profitability of each job and make informed business decisions. 1. Key Steps for Procurement of Materials with Job Costing in TallyPrime: 1. Create Job Costing Ledgers: Create separate ledger accounts…

Setting up TallyPrime for Job Costing allows businesses to track costs and revenues associated with specific jobs, projects, or contracts. This feature helps in evaluating profitability and managing expenses effectively. 1. Step-by-Step Setup for Job Costing in TallyPrime: 1. Enable Job Costing in TallyPrime: 2. Create Cost Categories and Cost Centers: 3. Create Ledgers: 4.…

In TallyPrime, the Reorder Status report helps businesses monitor stock levels and ensure that items are reordered promptly to avoid stockouts. This report can be generated for Stock Items, Stock Groups, or Stock Categories, providing flexibility in how inventory is managed. 1. Accessing the Reorder Status Report in TallyPrime: 2. Configuring the Reorder Status Report…

In TallyPrime, you can set Advanced Reorder Levels and Advanced Minimum Reorder Quantities to manage inventory more efficiently by considering different factors for various stock items and locations. This feature allows you to define multiple reorder levels and quantities based on factors like seasonality, lead time, and sales trends. 1. Steps to Set Advanced Reorder…

1. Configuring Reorder Levels and Minimum Reorder Quantities in TallyPrime: Step 1: Enable Reorder Feature in TallyPrime Before setting reorder levels, ensure that the feature is activated in TallyPrime. Steps: 1. Example of Enabling Reorder Feature in TallyPrime: A manufacturing company wants to monitor its inventory levels closely. By enabling the reorder feature, they can…

The Stock Item Cost Analysis report in TallyPrime provides a detailed breakdown of the cost components associated with a specific stock item. You can customize this report to suit your specific analysis needs. 1. Steps to Configure Stock Item Cost Analysis Report in TallyPrime: 1. Access the Report: Go to Gateway of Tally > Display…

Configuring ledgers for cost tracking in TallyPrime is essential for managing and analyzing expenses related to specific cost centers or projects. Here’s how to do it: 1. Steps to Configure Ledgers for Cost Tracking in TallyPrime: 1. Open TallyPrime: Start from the Gateway of Tally. 2. Enable Cost Tracking: 3. Create or Alter Ledger: 4.…