tally.erp 9 - iteguru module-1.pdf · you simplify all your business processes easily and...

www.iteguru.com

ITeGuru

Kiran Patil

ITeGuru

Tally.ERP 9

IT eGuru

Page: 2 Tally.ERP 9

A. Introduction to Accounting

Accounting :- Accounting is a process of identifying, recording, summarising and reporting economic information to decision makers in the form of financial statements.

Advantages of Accounting :-

Following are the advantage by keeping accounting.

1)By keeping accounting we can understand the profit or loss in a particular time period.

2) We can understand the following financial position of business- a) How many assets are in business. b) How many Liabilities of business. c) How many capital are in business.

3)Also we can understand the reasons of profit or loss by keeping accounting. Considering above advantages we can easily understand that accounting is the soul of business.

Defination :-

While learning accounting we have to use some words regularly. First we understand meaning of these words –

1) Goods :- Goods are regularly and mainly purchase and sales in business. Eg. In a kirana stores soaps, oils etc are goods. Profits depends on purchasing and selling of goods.

2) Assets :- Assets valuable things which are essential and assets for business. Eg. Building, vehical, machinery, furniture.

3) Liabilities :- Liabilities are given by business to others. Eg. Loan taken from bank, purchasing goods on credit.

Objective :- Whaty is Accounting ? Importanance of Accounting. Definations for Accounting. Tpyes of Acounting and Rules.

IT eGuru

Page: 3 Tally.ERP 9

4) Capital :- Capital means the investment made by the owner of business. This capital is in the form of cash, goods or assets. As this capital is invested by the owner of the business, according to the business this capital is also consider as a liabilities.

5) Debtor:- Persons who are belongs to give us certain amount are called debtor.

6) Creditor :- Persons to whom our business has to give certain amount are called creditors.

7) Business Transaction :- A financial events which are related to business and effects the financial position of the company. Eg. Purchase goods, salary given, sale goods on credit.

8) Cash Transaction :- Transaction which are done by cash, are called as cash transaction.

9) Credit Transaction :- Transaction which are done on credit, are called as credit transaction.

10) Account :- An account is a statement of transactions affecting any particular asset, liability, expense or income.

11) Ledger :- A Ledger is a book which contains all the accounts whether personal, real or nominal, which are entered in journal or subsidiary books.

Types of Accounts:

1) Personal Accounts:- All persons, societies, trusts, bank and companies accounts are Personal accounts. Eg. Rahul A/c, Gayatri Sales A/c, Subodh Traders A/c, Bank of Maharashtra A/c.

2) Real Accounts:- Real accounts contains all asstes and goods a/c. eg. Cash A/c, Furniture a/c, Building A/c.

3) Nominal Accounts:- All incomes and expenses related to business comes under the nominal account. E.g. Salary A/c, Rent A/c, Commission A/c, Advertisement A/c, Light Bill A/c.

Golden Rules of Accounts:

While making a transaction entry, we have to decide the Debit or Credit side. For that following are the rule –

1) Personal Accounts:-

Debit : The Receiver or Debtor

Credit : The Giver or Creditor

2) Real Accounts:

IT eGuru

Page: 4 Tally.ERP 9

Debit : What comes in

Credit : What goes out

3) Nominal Accounts:

Debit : All Expenses & Losses

Credit : All Incomes & Gains

Double Entry System of Book Keeping

Each transaction makes two affects on business.

For example,

a) Goods purchased for cash – In this transaction goods are coming in business but at the same time amount is going from business.

b) Goods sold to Datta Traders on credit – In this transaction goods is selling and at the same time Datta Traders becomes debtors of our business.

As per Double Entry System of book-keeping, all these business transactions recorded in accounts have two aspects - Debit aspect (receiving) and Credit aspect (giving).

Chapter - 2 Introduction to Tally.ERP 9

Objective :- Introduction to Tally Package Features of Tally Package. Introduction to Tally screen.

IT eGuru

Page: 5 Tally.ERP 9

Introduction:

Tally.ERP 9 is the world's fastest and most powerful concurrent Multi-lingual business Accounting and Inventory Management software. Tally.ERP 9, designed exclusively to meet the needs of small and medium businesses, is a fully integrated, affordable and highly reliable software. Tally.ERP 9 is easy to buy, quick to install, and easy to learn and use. Tally.ERP 9 is designed to automate and integrate all your business operations, such as sales, finance, purchasing, inventory, and manufacturing.

Now this version of Tally.ERP9 provides capabilities including remote access, allowing to wrok from any place. It provides audit & compliance services, integrated support center and security management.

The powerful new features and blazing speed and power of Tally.ERP 9 combined with enhanced MIS, Multi-lingual, Data Synchronization and Remote capabilities help you simplify all your business processes easily and cost-effectively.

Features of Tally.ERP 9

Some of the new features in Tally.ERP 9 include –

Remote Access:

Tally.ERP 9 provides remote capabilities to its users to access data from anywhere. Using Tally.NET features, the user can create remote users (ids), authorize & authenticate them to access company remotely.

Tally.NET (to be read as Tally.NET)

Tally.NET is an enabling environment which works behind the scenes to facilitate various Internet based services in Tally.ERP 9. Each Tally.ERP 9 is enabled for Tally.NET Services by default. Tally.NET provides the following services/capabilities in this release of Tally.ERP 9:

Tally.NET Features:

Create and maintain Remote Users Remote Access Control Centre Support Centre

IT eGuru

Page: 6 Tally.ERP 9

Synchronization of data (via Tally.NET) Product updates & upgrades

Simplified Installation process

Tally.ERP 9 comes with a new enhanced installer, which allows the user to configure different settings from a single screen, as per requirements.

Control Centre

Control Centre is a new feature being introduced with Tally.ERP 9. This utilises Tally.NET as an interface between the end user and Tally.ERP 9 installed at different locations. With the help of Control Centre, you will able to:

Create users with predefined Security levels

Centrally Configure & manage your Tally.ERP 9

Surrender, Confirm or Reject activation of a Site

Maintain Account related information

Enhanced Look & Feel

Resizing Screens

The user can resize the Tally.ERP 9 screen/window. The resize parameters such as height and width are defined in the Tally.ini file. The user can compare identical reports of different companies by changing the screen size for the two instances of Tally.ERP 9.

Multiple Selection capabilities

The user can now select multiple lines in a Report at single instance. On selecting multiple lines, the user can delete or hide line(s) based on the requirement of the report.

Information panel

A new component titled Information Panel or Info Panel has been introduced which is located in the bottom part of the Tally.ERP 9 screen. The Info Panel has five blocks namely Product, Version, Edition, Configuration and Calculator. The user can click on any one of these blocks to view the detailed information.

Calculator

Displays the Connection status while connecting to Tally.NET, during Data Sync, and Remote connectivity. This can also be used as Calculator.

Enhanced Payroll Compliance

IT eGuru

Page: 7 Tally.ERP 9

Payroll in Tally.ERP 9 is now simplified & enhanced to handle all the functional, accounting and statutory requirements of your business. The advance Statutory features and processes have been incorporated for faster, better and accurate payroll processing.

Excise for Manufacturers

Tally.ERP 9 provides a complete solution for Excise related Business requirements for versatile industries.

Auditors’ Edition of Tally.ERP 9 (Auditing Capabilities for Auditors’)

Tally.ERP 9 offers a special Gold Auditors’ Edition, which provides Audit and Compliance capabilities exclusively for Chartered Accountants. The current release provides the following tools:

Tax Audit

Statutory Compliance

Enhanced Tax Deducted at Source

The TDS feature in Tally.ERP 9 has been revamped to handle all the functional, accounting and statutory requirements of your business in an accurate and simplified manner.

Tally.ERP 9 Start-up Screen:

Title Bar Horizantal Button Bar

Close Button Getway of Tally

IT eGuru

Page: 8 Tally.ERP 9

Tally.ERP 9 Screen Components

Title bar: Displays the Tally.ERP 9 version number.

Horizontal button bar: Selection of Language key, Keyboard Language and Tally.ERP 9 Help.

Close button: Performs the standard Windows Operating Systems function (Windows 95 onwards), allowing you to minimise Tally.ERP 9 and work on other applications. To restore Tally.ERP 9, click the Tally.ERP 9 icon on the taskbar.Fundamentals of Tally.ERP 9 19

Gateway of Tally: Displays menus, screens, reports and accepts the choices and options which you select to view data as required.

Buttons toolbar: Displays buttons which provide quick interaction with Tally.ERP 9. Only buttons relevant to the current task are visible.

Calculator Area: Used for Calculator functions.

Info Panel: Displays Version number, License details, Configuration details.

Task Bar Relelese Information

License Information

Configuratin Setup

Calculator Pane

Verticle Button Bar

IT eGuru

Page: 9 Tally.ERP 9

Let us take an example of a company Apex Sales & Service who purchases computer equipments, components and softwares and sells it to other companies and to the direct customers. Create a Company as per information provided below :

Now we are creating a company in Tally as follows –

Go to the Gateway of Tally > Company Info. > Create Company

Now company cration windows will appers, type here the following information-

Objectives :- Create company in Tally Edit Company Edit Company information

Chapter - 3 Maintaining Company Data

IT eGuru

Page: 10 Tally.ERP 9

Directory: Here we can define the path of the file where the company data will store. We can change it manually.

Name: Enter the name of the company.

Company Logo: We can define company logo here.

Mailing Name: In this field the name of the company which we given in Name field will appear automatically. We can change it according to our requirement.

Addess: Address of the the company will be here.

Statutory Compliance: Select India from the list of countries.

State: Select the appropriate State from the list of States.

Pin Code: Enter the PIN code of the specified address.

Telephone No.: Enter the telephone number of the company.

E- Mail: Tally uses this e-mail address for e-mail documents, reports and data from Tally.ERP 9.

Currency Symbol: This refers to the currency symbol Tally.ERP 9 will use for monetary values. By default, Tally.ERP 9 displays Rs.

Maintain: Select the nature of the company i.e, Accounts only or Accounts with Inventory.

Financial Year From: Here enter the beginning date of financial year of the company. Tally.ERP 9 considers 12 months from the date you give here as the Financial Year. For example, if you give 1st April 2009, your FY will be April to March

IT eGuru


- in this case, ending with 31st March 2010.

Books Beginning From: The date given for ‘Financial Year From’ is automatically displayed. However, we can specify the actual date on which the books of accounts start. If our company is start from 10 Oct., then enter this date.

TallyVault Password: TallyVault is an enhanced security feature utilised to protect company data in an encrypted form by means of a Password. Data is not accessible without the TallyVault password. Remember to keep this password private and known only to those who need to know. If the password is lost, your data cannot be recovered.

Use Security Control: Tally.ERP 9 has a range of security controls, which can define the authority of various users to access the information and to enter/ alter/delete the vouchers.Fundamentals of Tally.E

Base Currency Information: In this heading contains various options regarding currency as follows:

Base currency symbol:

It displays currency symbol. Eg. Rs.

Formal name: Here we can see the complete name of the above currency symbol.

Number of decimal places: By default it is 2. We can change it accordingly.

Is symbol suffixed to amounts?: By default it is set to No. If you want currency symbol with amount, then set it to Yes.

Symbol for Decimal Portion: Here it displaces Paise. We always call the amount after decimal places as Paise.

After entering all information click Y at Accept button which is at the bottom right to save the company profile. Now it shows Getway of Tally screen as follows:

IT eGuru


Modification of Company information:

After creating company, you can modify the company details. For this click Alt + F3 – Alter – Select the company you want to modify.

Shut Company:

When you opens a company and you want to shut it then click Alt+F3 – Shut – Select company from list you want to shut.

Delete Company:

If you want to delete company you created then go to the Alter screen by above method and then press Alt+D key. But be carefull, ones you deleted a company will not get back and it’s data.

Also on the right side’s vertical button bar following buttons are there –

1) F1: Select Company – If you open more than one company then to select company press F1.

2) F1: Shut Company – If you open more than one company and you want to shut a current company then press Alt+F1.

3) F2: Date – From here you can change the current date of Tally. 4) F2: Period - You can set current period of company. You can change the period

of the company by pressing Alt+F2. 5) F3: Company – This option active only if you open more then one company. If

you want to select a company then press F3. 6) Alt+F3: Company Info – When you press Alt + F3 key company Info Menu will

open.

IT eGuru


Ledgers/ Accounts:

Before making Journal Entries we have to create ledgers. Ledges are one type of account with the help of which we make Voucher entries. E.g. Sahayog Traders a/c, Bank A/c etc.

Goups:

Groups are the collection of similer nature’s ladges. We create goups to see company effect of similer ladgers. E.g. we take all sales ladges under Sales account goup.

Predefined Groups of Accounts :-

In Tally.ERP 9 there are already 28 predefined Goups are there. Out of which 15 are main or primary groups and 13 sub-groups.

Create Accounts/Ledger :-

To create ladges -

Getway of Tally---------Accounts Info. ---Leadger --SingleLedger---- Create

Chapter - 4 Creates Ledger and Groups

Objecitve :- Create Ledgers. Create Multiple Ladeger. Create Group for Ledger.

IT eGuru


In this window of Ladges creation following are the heads –

Name: Enter here the party’s/ Ladgers name.

Alias: If you want to give alias name

Under: Here select the group below which this ladger comes.

Inventory Values are Affected: If you are going to maintain Inventory and this ladges’s transaction affects inventory values, then select Yes here.

Address: Enter address of the party.

State: Select State from the list.

Pin Code: Enter the pin code.

Opening balance: Enter opening balance if any.

Here are the list of account groups and their possible ladges -

No. Group Name Accounts

1 Bank Accounts

(Do not take banks from which we take loan)

For Saving & Current Accounts

2 Bank OCC(Overdreft and Cash Credit)

& Bank OD A/c

Accounts of Bank Overdreft in any

3 Branch/Division Accounts of any branch or division of business

4 Capital Account Accounts for Capital

5 Cash-in-Hand For Cash A/c, Petty Cash

6 Current Assets For Assets A/c which are of Short Period or regurlarly fluctuating value like Bills Receivable,

7 Current Liabilities liabilities which are of short period likes Bills Payable.

IT eGuru


8 Deposite Assets For Fixed Deposite in Bank or any Bonds

9 Direct Expenses & Expenses ( Direct )

Expenses which effets directly on Production or Gross Profit like Factory Rent, Wages etc.

10 Direct Incomes &

Income (Direct )

Incomes which affets directly on Production or on Gross Profit

11 Duties & Taxes For A/c like VAT, Excise duty, Sales Tax, Income Tax come under this group.

12 Expenses Indirect &

Indirect (Expenses )

Expenses under administration come under this group like Advetisement, Salaries etc.

13 Income Indirect &

Indirect (Income )

Incomes like Commission received, Rent received

14 Fixed Assets For the assets which are of long period come under this group like Machinary, Building etc.

15 Investment For investment in Shares, Bonds, Long term Bank Deposite etc.

16 Loans (Liability ) For the long term loan taken form others

17 Misc. Expenses (Assets) For the Assets which are before start company

18 Provision For the Provision of Future expenses like Income Tax, Depreciation

19 Purchase A/c For the accounts of Purchase & Purchase ruturn

20 Sales A/c For the accounts of Sales & Sales Return

21 Reserves & Surplus /

Retained Earning

For the accounts of Reserves like General Reserve

22 Stock - in - hand For Closing Stock

23 Sundry Creditor From whom purchased goods on Credit

24 Sundry Debtor To whom sold goods on Credit.

25 Suspense A/c For the Accounts whous group we can't decied

IT eGuru


26 Secured Loans For long term and short term loan whic is taken against security of some assets

27 Unsecured Loans For loans obtained without any security.

In the Ledges screen following option are available –

Display – It displays the list of created ledgers.

Alter – You can make change in ladger from here.

Delete ledger – You can delete ladger by pressing Alt+D in the Alter screen.

Create Multiple Ladgers:

If you want to create multiple ladgers within single group quickly then select this option.

Under group: Select the group from the list under which you want to create ladgers.

Create New Group:

Group: Group is the collection of Ledgers which are same in nature.

If you want to create new group other than tally already created, then go by following steps -

Getway of Tally ----Account Info.----- Groups------Single Group----- Create

IT eGuru


Fill the following information here:

1) Name: Enter here name of the group to be created. 2) Alias: If you want to refer this group by other name, then enter the different name. 3) Under: Select the parent group from predefined Tally group, under which this

group is to be comes. 4) Group behaves like a Sub-Ledger: If you set it to Yes, then this group behaves

like control account for Ledgers under this group. Means only the group balance will be displayed, not the Ledger wise.

5) Nett Debit/Credit Balances for Reporting: If you set it to Yes, then in the Trial Balance net amount of this group will be displayed instead of separate debit and credit balance.

6) Used for calculation: If you want to apply duties and taxes while accounting in this group, then set it to Yes.

Alter Group:

After creating you can alter group by selecting Alter option which is under Single and Multiple Groups.

Delete Group:

You can delete the group in the Group Alter window. Press Alt + D. But before you delete the group, you have to delete the Ledgers under this group.

Exercise:1

Now create the ledgers as below. We will see the voucher entry according to this in exercise 2 in Chapter5.

IT eGuru


Sr. No. Ledger Group

1 Capital A/c Capital Account

2 Vehical A/c Fixed Assets

3 Furniture A/c Fixed Assets

4 Bank of India Bank Account

5 Purchase A/c Purchase A/c

6 Sales A/c Sales A/c

7 Sujit A/c Sundry Debtors

8 Telephone Bill A/c Indirect Expenses

9 Commission Rec. A/c Indirect Income

10 Himanshu Sales Sundry Creditors

11 Purchase Return A/c Purchase A/c

12 Salary A/c Indirect Income

13 Janta Bank A/c Loans (Liability)

14 Advertisement Exe. A/c Indirect Expenses

15 Office Rent A/c Indirect Expenses

16 Dhiraj A/c Sundry Debtor

17 Sales Return A/c Sales Account

18 Electricity Bill A/c Indirect Expenses

19 Vehical Depreciation A/c Depriciation

20 Furniture Depreciation A/c Depriciation

21 Bills Receivable A/c Current Assets

22 Kishor A/c Sundry Creditor

23 Bills Payable A/c Current Liability

24 Mandar A/c Sundry Debtor

IT eGuru


25 Sum Microsystem A/c Sundry Debtor

Chapter - 5 Accounting Voucher

IT eGuru


Voucher:

A Voucher is a document which contains details of financial transaction. In manual entry it is called as Journal entry. In a voucher all business transactions are records with full description.

Types of Voucher:

Tally.ERP 9 has following predefined voucher types for different transactions.

1) Contra (F4) : This type is uses only for cash and Bank accounts. Eg. When you deposit cash in bank or withdraw cash from bank, also transfer money from one account to another take this voucher type. But never select this type for loan taken from Bank loan.

Eg. 1) Open Bank Account in Bank of India with Rs. 5000 2) Withdrawn from Bank of India Rs. 2000 2) Payment (F5) : Select this type when transaction is in cash. i.e. when in a

transaction cash paid from cash a/c or from any bank then select the voucher type payment.

E.g. 1) Machinary Purchase for cash Rs. 20000 2) Salary Paid Rs. 3000 3) Receipt (F6) : When money in the form of cash or cheque comes in a business

from any source of income then select this type of voucher. E. g. 1) Machinary Sold for cash Rs. 10000

2) Commission Received Rs. 2000 4)Journal (F7) : When there is a non cash transaction or a transaction which could

not fit above types then select this type of voucher. E.g Sales and purchase on credit, interest on loans taken or given or some accounting adjustment.

E.g. 1) Depreciation to be charged on Machinery Rs. 50000 2) Bills Receivable of Rs. 10000 from Sun Traders. 3) Bills Payable to India co. of Rs. 2500

Objectives :- To see voucher Entry types Make voucher Entry

IT eGuru


5)Sales (F8) : Select this voucher type for all sales in cash and credit. E.g. 1) Sold Goods on credit to Sun Micorsystem for Rs. 20000

6)Credit Note (Ctrl + F8) : When we receives return of goods, then there is a note

which contains details of that the goods. This is called Credit Note. Select this voucher when there is sales return transaction. e.g. 1) Goods Return by Sagar Traders of Rs. 2500

Note: To activate Credit Note/Debit Notes press F11 key in voucher entry screen. Then type Yes in from of Use Debit/Credit Notes. Also to activate Reverse Journal and Memo, type Yes in from of Use Rev. Journal & Optional vouchers. At last press Ctral + A to save.

7) Purchase (F9) :- All the purchases made (in cash and credit) are entered in the

Purchase Voucher. E.g. Puchase Machinery from Sun Traders for Rs. 40,000/-.

8) Debit Note (Ctrl + F9) :- When we return goods that we purchased, then there is a note which contains details of that the goods. This is called Debit Note. Select this voucher when there is purchase return transaction.

e.g. 1) Goods return to Sumit Traders of Rs. 3000

IT eGuru


9) Reversing Journal (F10) :- Entries in this type does not affect on direct accounts. Some time there is need to see the effect of some transaction experimentally, then select this type. Entries in this type are for particular period only and we can see the effect on that period only. After this period Voucher entries in this type are automatically reversed.

Note: To activate this type press F11 key in voucher entry screen and select Yes in front of Use Reversing Journals & Optional Vouchers option.

10) Memo (F10) :- Memo Voucher is a non-accounting voucher and the entries

made using it will not affect your accounts, but stores them in a separate Memo Register. You can alter and convert a Memo voucher into a regular voucher. Use this voucher type, when you want to provision for expensed in future, but possibility to forgot or when you don’t know the details of that voucher.

E.g. When you gives cash to employee to purchase an item, which exact cost is not known. Then instead of entering two entries, one is voucher stating petty cash advance and other to record the return of surplus cash you can entered this entry in Memo and then turn it into a Payment voucher for the actual amount spent.

11) Post Dated :- This type is used for future entries. But unlike Memo voucher type, these entries are automatically converts into regular entry at the given date. This type is useful for entering transactions that take place on a regular basis.

e.g. If you have to pay rent every month on the 01st, then you can enter all this voucher in post dated voucher type, and on every month of 1st these entries are automatically convert into regular entry.

To select Post Dated Voucher type press Ctrl+T key combination. 12)Optional :- An Optional voucher is not a voucher type. All other voucher types

(except non-accounting vouchers) can be marked Optional during voucher entry. Optional vouchers are non-accounting vouchers, i.e, the entries made using it will not affect your books of accounts. Tally.ERP 9 does not post these entries to ledgers but stores them in a separate Optional Register. You can alter and convert an Optional voucher into a regular voucher when you decide to bring the entry into your books.

e.g. You have to do expense on machinery of Rs. 50,000/- in the next month, but you want to see the accounting report with this voucher entry today. Then while entering this entry you can mark this as optional. When you see the report with Optional Voucher, you can see the effect.

IT eGuru


Creating a New Voucher Type We can create new voucher type other than above. Suppose we want to record bank and petty cash payments differently and needs two new voucher types to replace the pre-defined Payment voucher. In order to do this we have to create a Bank Payment voucher. To create a new voucher type go to - Go to the Gateway of Tally - Accounts Info. - Voucher Types - Create. Now here we have to filled following information - 1. Name: Bank Payment 2. Type of Voucher: Payment (Specify the default Tally.ERP 9 voucher, whose

functions the new voucher should copy). 3. Abbr.: Bank Pymt (Specify the abbreviation to denote this new voucher in reports) 4. Method of Voucher Numbering: Here we can selection any method from

Automatic, Manual or None. 5. Use Advance Configuration: No 6. Use EFFECTIVE Dates for Vouchers: No 7. Make ‘Optional’ as default: No (This is to set the voucher type as an Optional

voucher, by default) 8. Use Common Narration: Yes 9. Narrations for each entry: No 10. Print after saving Voucher: No 11. Name of Class: Skip. At last save by pressing Y or Enter.

IT eGuru


Vouchar Entry :-

1) In Double Entry Mode :- In this type particulars of ledger are separate Debit and Credit columns.

Below is the example screen of double Entry Mode voucher entry :

The above screen has following component - a) Date :- At the top left side of voucher entry screen, there is a date option. While

making voucher entry, default last voucher entry date will apper, we can change it manually by pressing F2 key.

b) Type of Voucher :- At the top of the screen there is the voucher type which we select.

c) Ref. :- This option in visible only in Purchase and Sales type. Here you can give bill number as reference number.

d) Dr/Cr :- Here select the Debit ledger in Debit side and credit ledger in credit side. If you see To/By option here instead of Dr/Cr then press F12 key and give Yes in front of "Use Cr/Dr instead of To/By during entry" option and press Ctrl + A to save.

e) Debit/Credit Amount :- Here give the amount. f) Narration :- Here is the detail explanation about this voucher entry.

IT eGuru


2) In Single Entry Mode :- This facility is only for Payment, Receipt and Contra vouchers. Here we does not have to specify Debit or Credit during voucher entry. This help in selecting multiple debits or credits depending on the type of entry.

Note: To activate Single Entry Mode click on Configure button, then press F12 key. Then select Yes in front of Use Single Entry mode for Pymt./Rcpt./Contra. Last press Ctrl+A to save. 3) Show Ledger Current Balances :- As per above during voucher entry, if you want to see the ledger balance, then click on Configure button, then press F12 key. Give Yes in front of "Show Ledger Current Balance". Last press Ctrl+A to save. 4) Warn of Negative Cash Balance :- If you want Tally gives you warning about negative cash, then click on Configure button, then press F12 key and give Yes in front of "Warn on Negative cash balance".

IT eGuru


Exercise – 1:

Sr. No.

Date Voucher Type

Perticular Debit Credit Narration

1 01-04-2014

F6 Receipts

Dr. Cash A/c Cr. Capital A/c

1,00,000 1,00,000

2 01-04-2014

F7 Journal

Dr. Vehicle A/c Cr. Capital A/c

50,000 50,000

3 01-04-2014

F7 Journal

Dr. Furniture A/c Cr. Capital A/c

30,000 30,000

4 10-04-2014

F4 Contra

Dr. Bank of India Cr. Cash Ac

5000 5000

5 21-04-2014

F9 Purchase

Dr. Purchase A/c Cr. Cash A/c

70000 70000

6 26-04-2014

F8 Sales

Dr. Cash A/c Cr. Sales A/c

35000 35000

7 03-05-2014

F8 Sales

Dr. Sujit A/c Cr. Sales A/c

10000 10000

8 12-05-2014

F8 Sales

Dr. Bank of India Cr. Sales A/c

8000 8000

Ch. No. 303131

9 18-05-2014

F5 Payment

Dr. Telephone Bill Cr. Bank of India

1000 1000

Ch. No. 303133

10 21-05-2014

F6 Receipt

Dr. Cash A/c Cr. Commission A/c

2500 2500

11 2-06-2014

F9 Purchase

Dr. Purchase A/c Dr. Himanshu Sales

10000 10000

12 15-06-2014

Ctrl + F9 Debit Note

Dr. Sun Mirosystem A/c Cr. Purchase Return A/c

2000 2000

13 17-06- F5 Dr. Salary A/c 2000

IT eGuru


2014 Payment Cr. Cash A/c 2000

14 20-06-2014

F6 Receipt

Dr. Cash A/c Cr. Janta Bank A/c

20000 20000

15 22-06-2014

F5 Payment

Dr. Advertisement A/c Cr. Cash A/c

5000 5000

16 06-07-2014

F5 Payment

Dr. Office Rent A/c Cr. Bank of India

2000 2000

Ch. No. 303132

17 11-07-2014

F8 Sales

Dr. Dhiraj A/c Cr. Sales A/c

6000 6000

18 13-07-2014

Ctrl +F8 Credit Note

Dr. Sales Return A/c Cr. Dhiraj A/c

1000 1000

19 18-07-2014

F5 Payment

Dr. Electricity Bill A/c Cr. Cash A/c

3000 3000

20 23-07-2014

F4 Contra

Dr. Cash A/c Cr. Bank of India

2000 2000

21 25-07-2014

F7 Journal

Dr. Vehical Depriciation A/c Cr. Vehical A/c

1000 1000

22 25-07-2005

F7 Journal

Dr.FurnitureDepriciation A/c Cr. Furniture A/c

3000 3000

23 10-08-2014

F5 Payment

Dr. Janta Bank A/c Cr. Cash A/c

2600 2600

Being Inst.Paid

24 12-08-2007

F7 Journal

Dr. Bills Receivable A/c Cr. Kishor A/c

2200 2200

25 20-08-2014

F7 Journal

Dr. Mandar A/c Cr. Bills Payable

2000 2000

tally.erp 9 - iteguru module-1.pdf · you simplify all your business processes easily and...

Documents