Category: Intermediate

1. Understanding Ledger Descriptions in TallyPrime In TallyPrime, ledger descriptions provide additional context and information about specific accounts. You can customize ledger descriptions to include details that are relevant to your business. 2. Steps to Add Additional Descriptions in Ledger in TallyPrime: 1. Go to Ledger Masters: Go to Gateway of Tally > Alt+M (Master)…

TallyPrime allows you to add custom descriptions to stock items beyond the basic name and description fields. These additional descriptions can provide valuable information for inventory management, sales, and reporting. 1. Steps to Add Additional Descriptions to Stock Items in TallyPrime: 1. Go to Inventory Masters: Go to Gateway of Tally > Alt+M (Master) and…

1. Understanding Declaration/Terms & Conditions in Sales Invoice in TallyPrime The declaration or terms and conditions section of a sales invoice typically includes important information such as: 2. Steps to Change Declaration/Terms & Conditions in Sales Invoices in TallyPrime: 1. Go to Voucher Types: Go to Gateway of Tally > Alt+F1 (Voucher Type). 2. Select…

1. Understanding Bank Details in TallyPrime Printing bank details on sales invoices can be helpful for customers to make payments efficiently. In TallyPrime, you can configure the invoice layout to include your bank account information. 2. Steps to Print Bank Details in TallyPrime: 1. Go to Voucher Types: Go to Gateway of Tally > Alt+F1…

TallyPrime allows you to customize various aspects of sales vouchers to suit your specific business needs. By using the F12 configuration option, you can modify fields, add custom fields, and change the overall layout of sales vouchers. 1. Key Configuration Areas for Sales Vouchers in TallyPrime: 1. Voucher Type Settings: 2. Bill-wise Details: 3. Print…

Double-entry accounting is the standard method used in TallyPrime. It requires that every transaction has a corresponding debit and credit entry, ensuring the accuracy and balance of your accounts. Sales in Double Entry Mode When you record sales in TallyPrime using the Sales voucher type, you’re essentially using double-entry accounting. 1. Steps to Record Sales…

Accounting Invoice Mode in TallyPrime is primarily used for recording sales of services, as it doesn’t require detailed stock item allocation. It’s a simplified method for businesses that primarily sell services. 1. Steps to Record Sales of Services using Accounting Invoice Mode in TallyPrime: 1. Access Sales Invoice: Go to Gateway of Tally > Vouchers…

Item Invoice Mode in TallyPrime is a simplified method for recording sales transactions, particularly suitable for businesses with a limited number of products. It streamlines the process by eliminating the need for detailed stock item allocation. 1. Steps to Record Sales Using Item Invoice Mode in TallyPrime: 1. Access Sales Invoice: Go to Gateway of…

1. Understanding Logo Placement in TallyPrime TallyPrime allows you to print your company logo on various reports and vouchers. You can choose to place the logo in the header or footer of the document. 2. Steps to Print Company Logo in TallyPrime: 1. Create a Logo Image: Create a digital image of your company logo…

1. Understanding Voucher Numbering in TallyPrime: TallyPrime allows you to customize the numbering scheme for different voucher types. You can reset or restart the numbering sequence at any time. 2. Steps to Restart Voucher Numbering in TallyPrime: 1. Go to Voucher Numbering Settings: 2. Reset Starting Number: Set the “Starting Number” field to the desired…