TDS (Tax Deducted At Source) using TallyPrime

Enabling and Creating Masters to do TDS Transactions with the help of TallyPrime

Bill of Materials (BoM) using TallyPrime

Bill of Material feature is useful for manufacturing organisations and can be set up through F12: Configure

Create, Alter, Delete Company using TallyPrime

How to Create a New Company, Alter the Company details, Opne or Load the Company out of multiple Companies, Delete the Company (if any) are being described in details with examples.

Use of Cost Centre and Cost Category for a Business using TallyPrime

Creating Cost Category and Cost Center and how to Apply Cost Centres to Ledger Accounts with Cost Centres Allocation in Voucher Entry using TallyPrime

Creating a Group Company using TallyPrime

You can create a group company in TallyPrime to conveniently view all your companies at one place. This group company can function as a single economic entity, where financial reports such as Balance Sheet, Profit and Loss A/c and Trial Balance are consolidated without any impact on the transactions.

Download and Install TallyPrime then Activate License and Migrate your Exiting Company

You can install TallyPrime on any computer with 64-bit edition of Microsoft Windows 7 or later. TallyPrime comes with a reliable tool to migrate your existing company data and make it compatible. TallyPrime will detect your data from earlier releases (Tally.ERP 9 to TallyPrime), and guide you in the migration process. 

Creating Price Level & Price List and assign to Leger and use in Voucher Entery

In TallyPrime, you can create different Price Levels and assign different Price Lists to these Price Levels. For example, you can create Wholesaler, Corporate and Retail as Price Levels and assign applicable Price Lists to these Price levels, as per your requirements, so that only the relevant prices and discount rates are used during entry of orders and invoices.

Receipt Note Voucher (GRN) against Purchase Order and Purchase Voucher against Receipt Note Voucher (GRN) using TallyPrime

When the order is placed with the suppliers for the supply of goods, the items, quantities, date of receipt, and so on, details are given with the Purchase Order Number. Later, when these goods are received, the Purchase Order is tracked for the Order Details either in the receipt note or in the purchase Invoice.

Delivery Note Against Sales Order and Sale Invoice Against Delivery Note

Setting Password and use of Security Control

TallyPrime provides various security options which can be enabled in this section:

Account Groups with Advanced Configurations

TallyPrime gives you great flexibility in setting up your chart of accounts. It allows you to group your ledger accounts right at the time of creating your accounts chart. Your reports and statements reflect the desired classification at all times.

Split company data based on financial years.

This topic lists out the prerequisites for splitting company data and how to split company data based on financial years.

Enabling & Creating Master Ledger with TDS Transaction

You can enable the Tax Deducted at Source (TDS) feature in TallyPrime, provide surcharge details, and create the masters required to record transactions.