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List of Transactions-Wholeseller @ Tally.ERP 9 [ APRIL 2013 ]
Transactions No . 1 to 4

Creation of a Company

The first step to get started with Tally is to create a company in Tally. Create a company using the Company Creation screen.

Go to Gateway of Tally> Company Info> Create Company


Use the following details to create a company. To navigate between the fields, you can use Enter, Tab, the arrow keys or the mouse.

 

COMPANY CREATION SMART AGENCIES

FIELD

DATA TO BE ENTERED

Directory

Accept what is displayed on the screen.

Name

TallyERP9Book.Com

Mailing Name

TallyERP9Book.Com

Address

Balasore, Odisha, India

State

Select ‘Orissa’ from the list of states displayed.

PIN Code

756001

Telephone No.

9437264738

E-mail Address

Tallyerp9book@gmail.com

Currency Symbol

(pre-defined)

Maintain

Accounts with Inventory

 

MAINTAIN

OPTION

DESCRIPTIONS

Accounts with Inventory

Both Financial Accounts and Inventory Records of the Company

Financial year from

1-4-2013

Books_beginning from

1-4-2013

TallyVault Password (if any)

Skip field — Do not enter any details

Use security control

No

Base Currency Information

Skips field automatically

 

 

BASE  CURRENCY  INFORMATION

FIELD

DESCRIPTION

Base Currency Symbol

Pre-set as a default currency Rs. (as specified earlier)

Formal Name

Complete name for the currency symbol. By default, this is set to Indian Rupees.

Number of Decimal Place

By default, this is set to 2.

Show amounts in millions ?

Tally caters to currencies where the different parts of large amounts are called by special names. By default, this is setto No.

Is symbol suffixed to amounts ?

By default, this is set to No.

Put space between amounts and symbols ?

By default, this is set to Yes.
-

Symbol for Decimal Portion

By default, this is set to paise.

Decimal Places for Printing Amounts in Words

By default, this is set to 2.

 

The completed Company Creation screen displays as shown.

 

 

Press Y or Enter to accept the screen and create the company, Smart Agencies.
 
Recording Transactions of Sample Data

Use the following simple illustration to understand how to record transactions in Tally.


Anurag Rai started a new shop Smart Agencies on Wood Street, Bangalore, on 1-4-2013. Smart Agencies will deal in the wholesale trade of stabilizers and pumps of different capacities.


Mr. Rai wants to maintain his accounts on Tally 9.The transaction details recorded for Smart Agencies are elaborated in the illustration.
Transactions for April 2013 ( List of Accounts)

SNo.

DATE

TRANSACTIONS

1 )

1-4-2013

Anurag Rai started Smart Agencies by bringing in capital of Rs.15,00,000 by cheque and deposited the same in ICICI Bank by opening a new account.

 

Note:

Anurag Rai wants all entries pertaining to bank receipts (payments) to be made in bank receipt (payment) voucher. He also wants separate serial numbers to be displayed for bank receipts and bank payments. Hence, the accountant has to create a new bank receipt voucher under receipt voucher and bank payment voucher under payment voucher.


Voucher Type


A voucher is the primary online document for recording transactions. Transaction recording and analysis are greatly facilitated by having specific formats for different types of transactions. Tally provides 16 predefined voucher formats. These are used for recording various transactions pertaining to both accounting and inventory. Some of these vouchers can also be used differently according to the situation, for example, sales vouchers can be used as invoices. Such use can be decided at the time of voucher entry by selecting the appropriate button.


Tally acknowledges the special requirements of some users for more voucher types. These arise in cases like when the user needs the same voucher but in different names or separate series of numbers. Examples include Cash Payment vouchers and Bank Payment vouchers where the relevant predefined voucher is Payment Voucher.

 

i.        Create ledgers “Anurag Rai Capital A/c” (under Capital Account) and “ICICI Bank” (under Bank Accounts)

 

ii.       Create voucher type Bank Receipt


Go to Gateway of Tally >   Accounts Info. > Voucher Types > Create

to view the Voucher Type Creation screen.


1. Name                        : Bank Receipt

2. Type of Voucher       : Select Receipt from the list of Voucher Types.

3. Abbr                          : Rcpt

4. Method of Voucher  

Numbering?                  : Select Automatic from Types of Numbering   list.

5. Use Advance
Configuration               : Yes

6. Prefix Details —
Particulars                    : Type BR /

7. Suffix Details —
Particulars                    : Type /13-14.

Note: The rest of the fields are retained at their default values. Press Enter to skip fields without making changes.

 

The completed Voucher Creation screen displays as shown.

 

 

 

8. Press Y or Enter to accept the voucher type


iii.      Make an entry of the transaction in a Bank Receipt Voucher

 

Go to Gateway of Tally > Accounting Vouchers > F6:Receipt > Select Bank Receipt from Voucher Type list to view Bank Receipt Voucher Entry Screen

 

 

1. Narration :        Ch. No. 187962 being cheque deposited in ICICI Bank.

 

2.       Press Y or Enter to accept the voucher entry ( as shown below)

 

<------------------------------------------------------------------------------------------------------------->

S.No.

DATE

TRANSACTIONS

2 )

3-4-2013

Mr. Rai withdrew Rs.50,000 by cheque for shop expenditure from ICICI Bank.
(Cheque number: 123451.)

 

i.        Make an entry of the transaction in a “Contra voucher”.


Go to Gateway of Tally > Accounting Vouchers> F4: Contra to view contra voucher entry screen.

 


1.       Press F2 to change voucher date. Type 3-4-2013. automatically displayed.


2.       Narration: Ch. No: 123451 being cash withdrawn for shop expenditures.


3.       Accept ? Yes or No — Press Y or Enter.
<------------------------------------------------------------------------------------------------------------->

SNo.

DATE

TRANSACTIONS

3 )

5-4-2013

Mr. Rai purchased furniture and fixtures worth Rs.1,50,000 for the Shop by cheque
(Cheque number:123452.)

 

i. Create ledger “Furniture and Fixture” (under Fixed Assets).


ii. Create voucher type “Bank Payment”.


Go to Gateway of Tally > Accounts Info. > Voucher Types > Create to bring up the voucher type creation screen.

1. Name: Bank Payment.
2. Type of Voucher: Select Payment from the list of Voucher Types.
3. Method of Voucher Numbering?: Select Automatic from Types of Numbering list.
4. Use Advance Configuration: Yes
5. Prefix Details — Particulars: Type BP/.

6. Suffix Details — Particulars: Type /13-14

7. Press Y or Enter to accept the voucher type. ,

 

 

 


iii. Make an entry of the transaction in a Bank Payment voucher


Go to Gateway of Tally > Accounting Vouchers> F5: Payment> Select Bank Payment from voucher type list to view bank payment entry screen.


1. Press F2 to change voucher date. Type 3-4-2013.


2. Narration: Ch. No.: 123452 being amount paid for furniture and fixtures.

 

3.  Press Y or Enter to accept the voucher entry.

<------------------------------------------------------------------------------------------------------------->

SNo.

DATE

TRANSACTIONS

4 )

8-4-2013

Mr. Rai rented a premise on 1-4-2013 for his business at Rs.3,500 per month. He paid a security deposit of Rs.25,000 by cheque.
(Cheque number: 123453.)

 

i. Create ledger “Security Deposit” (under Deposits (Asset))


ii. Make an entry of the transaction in a Bank Payment voucher.

 
 
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Tally.ERP9 Report
  1. Unit Objectives
  2. Modifying Reports (Options)
  3. Balance Sheet
  4. Profit & Loss Account
  5. Stock Summary
  6. Trial Balance
  7. Day Book
  8. Books of Accounts
  9. Statement of Accounts
  10. Inventory Books
  11. Statutory Reports
  12. List of Accounts ( Chart of Accounts)
  13. Exception Reports
  14. Printing Reports
Tally.ERP9 MIS and Other Reports
Q-Base [ F.A.Q.]
Question Base [F.A.Q.]- Centreal Sales Tax (CST) @ Tally.ERP 9
Question Base [F.A.Q.] on EXCISE for DEALER @ Tally.ERP 9
Question Base - EXCISE for MANUFACTURER @ Tally.ERP 9
Question Base [F.A.Q.]- 'JOB Costing' @ Tally.ERP 9
Question Base - PAY-ROLL @ Tally.ERP 9
Question Base [F.A.Q.]- Point Of Sale (POS) @ Tally.ERP 9
Question Base [F.A.Q.]- Service TAX @ Tally.ERP 9
Question Base [F.A.Q.]- Technology & Utility @ Tally.ERP 9
Question Base [F.A.Q.]- Value Added Tax (VAT) @ Tally.ERP9
 
Reports @ Tally.ERP 9
 
 
 
Company Information @ Tally.ERP9
 
Group & Ledger

Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES

Advanced Inventory / Stock
Meaning
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
Statutory & Taxation
Utilities & Others @ Tally.ERP9
Credit Limits
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 9, 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.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GETTINGS STARTED @ Tally.ERP 9
QUESTIONS BASE @ Tally.ERP 9
REPORT GENERATES @ Tally.ERP 9
TIPS & TRICKS @ Tally.ERP9 GST for Tally.ERP9
1 > Financial Statement Report 1 > Tips & Tricks @ Tally.ERP 9 1 >Introduction to GST ( IGST . CGST, SGST )
2 > Accounts Book & Register Report 2 > FAQ's @ Tally.ERP 9 2 >Calculation of GST ( IGST, CGST & SGST)
3 > Stock Register / Reports 3 > Short Cut Keys @ Tally.ERP 9 3 > GST on Tally.ERP 9 ( With Practical Assignment )
4 > Job Costing Reports 4 > Tips-Weekly Refresher @ Tally.ERP9 4 > Generate GSTR-1 Returns / Reports under Tally.ERP9
5 > Pay Roll Register Reports   5> Status Reconciliation (GSTR-1)
6 > Point of Sale Register Reports   6 > Challan Reconciliation Report for GST Payments
     
  8 > Excise - Manufacturer      
  9 > Technology / Utilities      
 
SWAYAM EDUCATION
Mandal Bagicha, Hemkapada,
Sunhat, Balasore-756002 ( Odisha )-India
eMail ID : tallyerp9bookorder@gmail.com
Web : www.tallyerp9book.com
Mob : 09853349238, 09437264738
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