Category: Difficult

  • Age-wise Analysis for a Group in TallyPrime: 7 Steps + Example

    Here’s how to perform an age-wise analysis for a group (like Sundry Debtors or Creditors) in TallyPrime: 1. Utilizing the Group Outstandings Report with Ageing Analysis Alternatively, you can use a keyboard shortcut: 2. Configuring Ageing Analysis in TallyPrime: Here, you can choose the method for calculating bill age: 1. Ageing by Bill Date: Considers…

  • Age-wise Analysis of a Single Ledger Account in TallyPrime: 6 Steps

    Here’s how to perform an age-wise analysis of a single ledger account in TallyPrime: 1. Utilizing the Ledger Outstandings Report with Ageing Analysis Alternatively, you can use a keyboard shortcut: 2. Configuring Ageing Analysis in TallyPrime: Here, you can choose the method for calculating bill age: 1. Ageing by Bill Date: Considers the voucher entry…

  • Difference: Stock in Books & Physical Stock in Tallyprime

    TallyPrime offers a two-step approach to identifying the difference between the stock in books (system records) and the physical stock (actual count): Step 1: Perform a Physical Stock Count Step 2: Record Physical Stock Adjustments Alternatively, you can use a keyboard shortcut: 1. Analyzing the Difference: There are two main ways to view the difference…

  • Ledger Analysis (Inventory) in TallyPrime: 5 Steps + Examples

    The Ledger Analysis (Inventory) report in TallyPrime provides a detailed breakdown of all transactions affecting a specific stock item or group based on its ledger account. This report is instrumental in analyzing inventory movement, reconciling stock quantities, and identifying trends in purchases and sales. 1. Accessing the Ledger Analysis Report in TallyPrime: 2. Understanding the…

  • View Stock Position Based on Godown Type in TallyPrime: 2 Methods

    Here’s how to view your stock position based on Godown Type in TallyPrime: Method 1: Using Stock Summary Report The report will now display the following information for the chosen godown type: 1. Opening Stock Value: Total cost of all stock items present in the godown at the beginning of the period. 2. Purchases: Total…

  • Comparison of Data in Stock Summary Report in TallyPrime: 2 Examples

    The Stock Summary Report in TallyPrime offers a powerful tool for comparing various aspects of your inventory across different categories. This allows you to analyze trends, identify areas for improvement, and make informed inventory management decisions. Here’s a detailed explanation of how to compare data in the Stock Summary Report with examples: 1. Comparing Data…

  • Bills Received But Goods Not Received in TallyPrime: 2 Examples

    This situation occurs when you receive a bill (invoice) from a supplier for goods you haven’t yet received. While TallyPrime doesn’t have a specific voucher type for this scenario, you can manage it effectively using the following methods: 1. Manual Journal Entry (Recommended): This method provides a clear record of the outstanding purchase liability while…

  • Goods Received But Bills Not Received in TallyPrime: 2 Examples

    This situation arises when you receive inventory from a supplier but haven’t yet received the bill (invoice) for the purchase. TallyPrime offers functionalities to record this scenario and manage your inventory effectively. Here’s a detailed explanation with examples: 1. Recording Goods Received But Bills Not Received: 1. Create a Receipt Note: 2. Importance of Receipt…

  • Alternate Units in TallyPrime: 5 Easy Steps + Example

    TallyPrime offers the functionality of Alternate Units for stock items, allowing you to manage inventory and record transactions in units different from the primary unit of measurement. This can be particularly beneficial when dealing with items that are bought, sold, or stored in different quantities. Here’s a detailed explanation of using alternate units in TallyPrime…

  • Rejection Out Voucher in TallyPrime: 5 Easy Steps + Example

    When you need to return goods to a supplier because they were rejected, TallyPrime offers the Rejection Out voucher. This voucher allows you to document the return process, update your inventory records, and potentially link it to the original Purchase Invoice for streamlined management. Here’s a detailed explanation with an example: 1. Using Rejection Out…