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10. Zero Value Entries in Voucher in Tally.ERP9

Zero valued entries in vouchers are required when, for example: you need to despatch inventory as free samples or free replacements, etc.

 

You can make an entry of issue with the required quantity details but enter the value as zero. This is done so that the entry is reflected only in the Inventory books and not in the Accounting books.
10.1. Creating Zero Value Entries

On 28-02-10, make a Sales invoice on Prism fabrication for 1 Nos of Television Flatoron without value.

 

 

Setup:

 

In National Traders,

 

        Activate the feature Allow Zero valued entries in the F11: Features (Inventory Fea- tures) and accept the other settings.

 

Zero Value Entries in Voucher in Tally.ERP9

 

        Create a ledger account Samples under the group Sales Accounts and set Cost Centres are applicable to No and Inventory values are affected to Yes.

 

 

Create Sales Invoice

 

1. Raise a sales invoice dated 28-02-10 on Prism fabrication for 1 Television Flatoron with no value.

2. Price levels is to be set as Not applicable

3. Allocate it to Samples

 

 

After passing the above zero valued entries, if you display the Sales Register you may not find this  entry.  But however, if you display the Television Flatoron Stock Item, you will find the quantity sold.
 
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15 Chapters in Tally.ERP9 Book + 21 Chapters in GST Practical Assignment on GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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