FAQ-3 ( Interest Calculation):

Can I calculate the interest for each transaction separately?



Yes, you can calculate the interest for each transaction. Select the ledger for which the interest has to be calculated.


Use F11: Accounting Features to set Activate Interest Calculation and use advanced parameters to Yes.



Tally.Erp 9 : Interest Calculation




Under Advanced Interest Parameters, set the option Calculate Interest Transaction-by-Transaction to Yes.


Set the option Override Parameters for each Transaction to Yes. The interest sub-screen is displayed for every transaction even if the interest parameter is specified in the Master. You have the option to modify the value for that particular voucher or accept the default template that is displayed.


Set the option Override Advanced Parameters to No, inorder to modify the interest parameters set during voucher entry. 



Tally.Erp 9 : Interest Calculation



During voucher entry, the Interest Parameter sub screen is displayed after the bill-wise allocation sub screen.



Tally.Erp 9 : Interest Calculation



The transaction-by-transaction Interest Report is displayed as shown below:



Tally.Erp 9 : Interest Calculation



The same report with multiple interest rates in transactions is displayed as shown below:



Tally.Erp 9 : Interest Calculation


Company Information @ Tally.ERP9
Group & Ledger
Advanced Inventory / Stock
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
Disclaimer :

The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

Trademark :

Tally,Tally GST,TallyERP9 GST, Tally9, Tally.ERP, Tally.ERP –9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners. This Website is not associated with any product or vendor mentioned in this Website.

Mandal Bagicha, Hemkapada,
Sunhat, Balasore-756002 ( Odisha )-India
eMail ID : tallyerp9bookorder@gmail.com
Web : www.tallyerp9book.com
Mob : 09437264738
Get Updated ...