TallySchool

Category: Advanced

  • Configure Voucher Numbering for GST in TallyPrime: 3 Easy Ways

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    Rishit Shah
    in ,

    TallyPrime offers flexible options for configuring voucher numbering for GST transactions. Here’s a breakdown of different approaches and considerations: 1. Automatic Numbering: 2. Manual Numbering: 3. Customized Numbering Series: 4. Configuration Steps: Additional Tips while Configuring Voucher Numbers for GST in TallyPrime: By understanding these options and carefully configuring voucher numbering, you can ensure it…

  • Record GST Sales & Print Invoices in TallyPrime: 6 Easy Steps

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    by

    Rishit Shah
    in ,

    Recording outward supply and printing invoices in TallyPrime involves capturing the sale, calculating GST, and generating a professional invoice for your customer. Here’s a detailed guide: 1. Create a Sales Voucher: 2. Enter Basic Information: 3. Add Sale Items: 4. Set Tax Details: 5. Configure Printing Options (Optional): 6. Save and Print: Additional Notes to…

  • Inward Supply of Goods & Services (Reverse Charge Mechanism) in TallyPrime

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    Rishit Shah
    in ,

    Here’s a detailed guide on recording inward supply of goods and services under the reverse charge mechanism (RCM) in TallyPrime: 1. Configuration: a) Stock Items: b) Party Ledgers: 2. Create Purchase Voucher: 3. Enter Basic Information: 4. Add Purchase Details: 5. Activate Reverse Charge: 6. Calculate and Specify GST: 7. Complete the Voucher: Additional Notes…

  • How to Create Cost Categories in TallyPrime: 5 Steps + Benefits

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    Rishit Shah
    in

    Cost categories in TallyPrime offer a powerful way to further classify and analyze your expenses within cost centres. Here’s how to use them effectively: 1. Creating Cost Categories: 2. Linking Cost Categories to Cost Centres: 3. Assigning Cost Categories to Transactions: 4. Generating Cost Category Reports: 5. Additional Features of Cost Categories in TallyPrime: Benefits…

  • How to Manage Cost Centres in TallyPrime: 5 Easy Steps

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    Rishit Shah
    in

    TallyPrime offers efficient tools for managing cost centres, helping you track and analyze expenses incurred by different departments, projects, or other units within your organization. Here’s a comprehensive guide: 1. Enabling Cost Centres: 2. Creating Cost Centres: 3. Assigning Cost Centres to Transactions: 4. Generating Cost Centre Reports: 5. Additional Features of Cost Centres: Benefits…

  • Manage Receivables & Payables by Billwise Details in TallyPrime

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    Rishit Shah
    in

    Here’s a guide on managing receivables and payables using billwise details in TallyPrime: 1. Enable Billwise Details: 2. Enable Billwise Tracking for Ledgers: 3. Recording Transactions with Billwise Details: 1. Sales Voucher (for receivables): 2. Payment Voucher (for receivables): 3. Purchase Voucher (for payables): 4. Receipt Voucher (for payables): 4. Tracking Receivables and Payables: 1.…

  • How to Manage Cheque Books in TallyPrime: 5 Easy Steps

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    Rishit Shah
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    Managing cheque books efficiently in TallyPrime is crucial for maintaining accurate financial records and smooth payment processes. Here’s a comprehensive guide to help you: 1. Enable Cheque Book Settings: 2. Configure Cheque Books for Bank Ledgers: 3. Create and Manage Cheque Books: 4. Printing Cheques: 5. Additional Features: Important Points to Remember while Managing Cheque…

  • How to Configure and Print Cheques in TallyPrime: 3 Easy Steps

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    Rishit Shah
    in

    Here’s a guide on configuring and printing cheques in TallyPrime: 1. Enable Cheque Printing Feature: 2. Set Up Cheque Printing for Bank Ledgers: 3. Print Cheques from Payment Vouchers: Additional Tips while Configuring & Printing Cheques in TallyPrime:

  • How to do Auto Bank Reconciliation in TallyPrime: 3 Easy Steps

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    Rishit Shah
    in

    Managing your finances just got easier with TallyPrime’s Auto Bank Reconciliation feature. This seamless process can save you time and ensure your books are always up-to-date. Let’s walk through the steps to set up and perform Auto Bank Reconciliation effortlessly. 1. Enable Auto Bank Reconciliation: 2. Auto Bank Reconciliation Steps: 1. Import Bank Statement: 2.…

  • Create & Use BoM for Manufacturing in TallyPrime: 4 Easy Steps

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    Rishit Shah
    in

    Here’s a guide on creating and using BOMs (Bills of Materials) for manufacturing in TallyPrime: 1. Create the Stock Item for the Finished Good: 2. Define the BOM: 3. Use the BOM in Manufacturing Journal: 4. Manage BOMs: Benefits of Using BOMs in TallyPrime: Additional Tips while Using BOMs in TallyPrime: By effectively creating and…