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Search results for: “GST”

  • TallyPrime GST Course Online: 100% Free Forever

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    Rishit Shah

    GST Setup in TallyPrime GST Purchases & Sales Vouchers GST Purchases: Nil Rated, Exempt, SEZ & Works Contract Import of Goods under GST in TallyPrime Purchase under Reverse Charge & Purchase Returns in TallyPrime GST Sales: Printing Invoices, Nil Rated, Exempt, SEZ, Deemed Export & Consumer Sales in TallyPrime Voucher Numbering in TallyPrime Sales under…

  • How to Configure Stock Items for GST in TallyPrime: 6 Easy Steps

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    Rishit Shah
    in ,

    Accurately configuring your stock items for GST in Tally Prime is crucial for ensuring smooth tax calculations and reporting. Here’s a detailed guide to help you: 1. Enable GST and Set Taxability: 2. Access the Stock Items Master: 3. Configure Individual Stock Items: 4. Set GST Rates: 5. Additional Configurations (Optional): 1. H/S Code Tracking:…

  • How to Create GST Sales Entry in TallyPrime: 5 Easy Steps

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    Rishit Shah
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    Here’s a comprehensive guide on creating a GST sales entry in Tally Prime: 1. Access the Sales Voucher: 2. Enter Basic Sales Information: 3. Add Sales Items: 4. Specify GST Details: 5. Finalize the Voucher: Additional Considerations while Creating GST Sales Entry in TallyPrime: Bonus Tips while Creating GST Sales Entry in TallyPrime: By following…

  • How to Create GST Purchase Voucher in TallyPrime: 5 Easy Steps

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    Rishit Shah
    in ,

    Here’s a step-by-step guide on creating a GST purchase voucher in TallyPrime: 1. Access the Purchase Voucher: 2. Enter Basic Purchase Information: 3. Add Purchase Items: 4. Input GST Details: 5. Complete the Voucher: Additional Considerations while Creating GST Purchase Entry in TallyPrime: Key Points while Creating GST Purchase Entry in TallyPrime:

  • How to Create GST Tax Ledgers in TallyPrime: 5 Easy Steps

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    Rishit Shah
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    Here’s a guide on how to create GST tax ledgers in TallyPrime: 1. Accessing the Ledger Creation Menu: 2. Specifying Ledger Type: 3. Choosing the Tax Type: Depending on your specific needs, choose the relevant tax type from the following options: 1. Central Tax (CGST): When your business operates within the same state as the…

  • How to Set GST Details in TallyPrime: 5 Easy Steps

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    Rishit Shah
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    Here are the steps on how to set GST details in TallyPrime: 1. Enable GST for the Company: 2. Set Company GST Details: 3. Set GST Rates for Stock Items: 4. Set GST Details for Ledgers: 5. Additional Steps for Specific GST Registration Types: Composition Dealers: Regular – SEZ: Remember this while You Set GST…

  • Stock Items in TallyPrime: Explained in 4 Easy Ways

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    Rishit Shah
    in

    Stock items, also known as inventory items, are the core elements representing the products or goods you buy, sell, or manage within TallyPrime. They hold crucial information about each item in your inventory, facilitating efficient stock tracking, accurate accounting, and informed inventory management decisions. Here’s a detailed explanation of stock items in TallyPrime: 1. Understanding…

  • Stock Groups in TallyPrime: Explained in 4 Easy Steps

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    Rishit Shah
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    In TallyPrime, Stock Groups act as a classification tool for your inventory items. They allow you to organize your stock based on various criteria, promoting efficient management, streamlined reporting, and improved inventory control. Here’s a detailed explanation of Stock Groups and their functionalities: 1. Understanding Stock Groups: 1. Categorizing Inventory: Stock Groups enable you to…

  • TallyPrime Release 4.1: MSME Update & E-Commerce Features

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    Rishit Shah
    in

    Here’s a detailed breakdown of the new features and functionalities introduced in TallyPrime Release 4.1: 1. Focus on MSME (Micro, Small and Medium Enterprises): 1. Simplified MSME Payments: TallyPrime 4.1 streamlines MSME payment processes to comply with MSME regulations in India. 1. Print UDYAM Number: Registered MSMEs can effortlessly print their UDYAM registration number directly…

  • Challan Reconciliation Report in TallyPrime: 3 Easy Steps

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    Rishit Shah
    in ,

    The Challan Reconciliation Report in TallyPrime plays a crucial role in managing GST payment reconciliation for your business. Here’s a detailed explanation of its purpose, key features, and benefits: 1. Purpose for Challan Reconciliation Report in TallyPrime: 2. Key Features for Challan Reconciliation Report in TallyPrime: 1. Comprehensive Data Presentation: 2. Reconciliation Status: 3. Filtering…