TALLY
CHAP-1 :- COMPANY CREATION & DELETATION
CREATE COMPANY
STEP1- LAUNCH TALLY SOFTWARE
STEP2- CLICK ON ( CREATE COMPANY )
STEP3- FILL-UP THE NECESSARY INFORMATION OF THE COMPANY
DELETE COMPANY
STEP1- LAUNCH TALLY
STEP2- PRESS (ATL+F3) YOU WILL GET VIEWS OF DIFFERENT OPTION ON SCREEN
(UTILIZATION OF SHUT & SELECTION COMPANY TO GET A VIEW OF COMPANY THAT YOU WANTED)
(SHUT COMPANY- USE TO CLOSE COMPANY ON VIEW)
(SELECT COMPANY – FROM THE LIST OF COMPANY)
STEP3 - CLICK ON ALTER AND ENTER IN YOUR COMPANY
(YOU WILL GET A INDICATION OF COMPANY INFO)
STEP4- PRESS (ALT+D) AND ENTER ON APPLICATION
CHAP-2 ALTER, BACK-UP AND RESTORE
ALTER
STEP1- PRESS (ALT+F3)
STEP2- CLICK ON ALTER OPTION
STEP3- MAKE CHANGES & EDITATION OF COMPANY INFO
STEP4- TO DELETE COMPANY COMPLETELY (ALT+D)
BACKUP AND RESTORE
STEP1- PRESS (ALT+F3)
STEP2- CLICK ON BACKUP OPTION AND SELECT BACKUP DESTINATION (E.G D:) AFTERWARD SELECTION OF COMPANIES TO GET BACKUP DATA OF SELECTED COMPANIES
STEP3- CLICK ON RESTORE OPTION AND ENTER THE BACKUP DESTINATION DRIVE
(EG. D:) THERE YOU WERE PUTTED YOUR BACKUP DATA
CHAP-3 LEDGER CREATION & ENTRY POSTING
An accounting book of final entry where transactions are listed in separate accounts.
STEP1- SELECT YOUR MADE-UP COMPANY (P/L A/C AND CASH A/C AUTOMATICALLY CREATED WHILE YOU CREATING LEDGER, SO TO BE CAUTIOS AT THE POSTING YOU MIGHT NOT REPEAT SIMILAR ACCOUNT IN PARTICULAR LEDGER)
STEP2- PRESS (ESC) TO GET VISION OF GATEWAY OF TALLY
STEP3- CLICK ON ACCOUNT INFO UNDER MASTERS
STEP4- CLICK ON LEDGERS UNDER SINGLE LEDGER
STEP5- CLICK ON CREATES (YOU SHALL GET A PAGES THAT YOU HAVE TO DETERMING AND FILL-UP APPROPRIATE BLANKED SPACE(e.g NAME OF COM, (alias- WHAT COM ACTUAL IT IS, SELECT THERE HEADS A/C FOR POSTING AUTOMATICALLY, FILL-UP MAILING ADDRESS OF THECOMPANY IF GIVEN) (PRESS ENTER)
STEP6- ACCORDING TO ABOVE GIVEN PROCCESS YOU HAVE TO POST ALL THE ENTRIES ONE BY ONE AT PROPER HEADS WITH HELPS OF INFORMATION
STEP7- AFTER COMPLETION OF ALL POSTING, YOU SHOULD AND NEED TO CHECK ALL THE ENTRIES CAREFULLY
STEP8- PRESS (ESC) ENTER
STEP9- CLICK ON DIPLAY UNDER MULTI-LEDGER TO GET VIEWS OF ALL POSTED ENTRIES (FULL A/C) OR YOU CAN EVEN CLICK ON DIPLAY UNDER SINGLE LEDGER AT YOU WILL GET PARTICULAR ENTRY VIEW (ENTRY ONLY IN DETAILS)
STEP10- FOR EDITING AND ALTER CLICK ON ALTER UNDER MULTI LEDGER, IT IS BETTER OPTION THAN ALTER UNDER SINGLE LEDGER YOU CAN’T CHANGE DR CR SIGN UNDER SINGLE ALTER
(MULTI LEDGER, IN WHICH YOU WILL GET WHOLE A/C BOOK TO ALTER ALONG WITH ALL POSTED ENTRIES WHILE IN SINGLE LEDGER ALTER YOU CAN GET VIEW AND EDIT ONLY PARTICULAR POSTED ENTRY )
(YOU COULDN’T TERMINATES YOUR LEDGER’S UNDER MULTI-ALTER, THIS DELETATION HAVE TO UTILIZED SINGLE-ALTER)
CHAP-4 STOCK MAINTAINS
STEP1- PRESS (ALT+F3) SELECT COMPANY AND PRESS ECS
STEP2- CLICK ON THE INVENTORY INFO
STEP3- CLICK ON STOCK GROUPS
STEP4- CLICK ON CREATE UNDER SINGLE LEDGER
STEP5- FILL-UP REQUIRED FIELD, UNDER OPTION SHOULD BEING ALWAYS BE PRIMARY IN CREATION OF GROUPS
STEP6- AFTER CREATING GROUPS YOU CAN GET A VIEWS AND EDITS THERE POSTED NAMES WITH THE HELP OF (DISPLAY & ALTER UNDER BOTH THE OPTION MULTI AND SINGLE ACCORDING TO ME , YOU SHOULD UTILIZE SINGLE STOCK GROUP TO EDITS, YOU CAN ALSO USE ALTER UNDER MULTI GROUP IN WHICH YOU GOT VIEW OF ALL CREATED GROUP AND SINGLE ALTER YOU CAN AD IT PARTICULAR GROUP AT A TIME
STEP7- GET BACK TO INVENTORY INFO TO CREATE GROUPS ITEMS AND SETTLE IT DOWN UNDER APPROPRIATE GROUP WHICH YOU MADE EARLY, PRIMARY OPTION WOULD CHANGE ON PARTICULAR GROUP WHICH MADE BY YOU , AND UNITS OPTION CHANGE BY PRESSING (ALT+C)(QTY) FILL-UP SYBOLL OPTION, FORMAL NAME AND NO
STEP8- FOR ALTER AND DIPLAY OF ITEMS WHICH YOU HAVE BEEN MADE COULD BE EDITS AND VIEWS UNDER BOTH OPTION, IN SINGLE OPTION YOU WILL GOT DISPLAY AND EDIT PARTICULALLY, WHILE IN THE MULTI OPTION YOU CAN GET VIEW AND EDIT OF ENTIRE ITEMS TOGETHER AT A TIME
STEP9- CHECK YOUR CHECK DETAIL, (STOCK SUMMARY)
(YOU COULDN’T TERMINATES YOUR GROUP’S AND ITEM’S UNDER MULTI-ALTER, THIS DELETATION HAVE TO UTILIZED SINGLE-ALTER)
Follow these steps to enter the closing stock value as you own in tally
Press F11 Company Features
Go to Accounting Features
1. Intergrate Accounts and inventory = No (save it)
2. Gateway of tally>accounts Info>Ledger>Create Closing stock under group stock in hand
3. Enter the value as your own with dates
CHAP-5 PURCHASE ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- CLICK ON ACCOUNTING VOUCHER CREATION
STEP3- PRESS (ALT+F9) TO CREATE PUCHASE VOUCHER
STEP4- FILL-UP REFERENCE NO
STEP5- SELECT (PARTY’S A/C NAMES IF AVAILABLE IN LIST OF LEDGER ACCOUNTS.
STEP6- IF PARTY A/C NAME NOT IN LIST OF LA, PRESS (ALT+C) TO CREATE NEW LEDGER FOR NEW PARTY A/C,( NAMES-NAME OF COMPANY, UNDER- SUNDRY CREDITOR AND ALSO MAINTAIN OTHER FILL-UP)
STEP7- SELECT (PUCHASED LEDGER) (PURCHASE LEDGER WOULD BE CREATE ONLY ONE TIME) (NAME- PURCHASE, UNDER- PUCHASED ACCOUNT)
STEP8- SELECT (NAME OF ITEMS) OR IF ITEM NOT AVAILABLE THAN CREATE IT BY PRESSING (ALT+C) (NAME- ITEMS,UNDER- PRIMARY, UNITS- QTY)
STEP9- FILL-UP QUATITY AND RATE PER AMT (ENTER PRESS)
STEP10- WRITE NARRATION ( BIENG GOOD PURCHASED ON CASH OR CREDIT BASIS)
STEP11- FOR ALL ENTRIES VIEWS, ADITING AND DELETATION GET BACK TO GATEWAY OF TALLY , CLICK ON DISPLAY UNDER REPORT, CLICK ON DAY BOOK
CHAP-6 SALES ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- CLICK ON ACCOUNTING VOUCHER CREATION
STEP3- PRESS (ALT+F8) TO CREATE PUCHASE VOUCHER
STEP4- - FILL-UP REFERENCE NO
STEP5- SELECT (PARTY’S A/C NAMES IF AVAILABLE IN LIST OF LEDGER ACCOUNTS)
STEP6- IF PARTY A/C NAME IS NOT IN LIST OF LA, PRESS (ALT+C) TO CREATE NEW LEDGER FOR NEW PARTY A/C,( NAMES- NAME OF COMPANY, UNDER- SUNDRY DEBTOR AND ALSO MAINTAIN OTHER FILL-UP)
STEP7- FILL UP ACQUIRED FIELD REGARDING TO SALES INFO (DESPATCH DETAILS, ORDER DETAIS, BUYER’S DETAIL)
STEP8- SELECT (SALES LEDGER) (PURCHASE LEDGER WOULD BE CREATE ONLY ONE TIME) (NAME- PURCHASE, UNDER- PUCHASED ACCOUNT)
STEP9- SELECT (NAME OF ITEMS) OR IF ITEM NOT AVAILABLE THAN CREATE IT BY PRESSING (ALT+C) (NAME- ITEMS, UNDER- PRIMARY, UNITS- QTY)
STEP10- FILL-UP QUATITY AND RATE PER AMT (ENTER PRESS)
STEP11- WRITE NARRATION ( BIENG GOOD PURCHASED ON CASH OR CREDIT BASIS)
STEP12- FOR ALL ENTRIES VIEWS, ADITING AND DELETATION GET BACK TO GATEWAY OF TALLY , CLICK ON DISPLAY UNDER REPORT, CLICK ON DAY BOOK
(NOTES- PURCHASE OF GOODS INCREASE SUNDRY CREDITOR SALES OF GOODS INCREASE SUNDRY DEBTOR)
CHAP-7 RECIEPT ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- CLICK ON ACCOUNTING VOUCHERS
STEP3- FILL-UP (ACCOUNT) OPTION ,ACCOUNTS COULD BE IN TWO DIFFERENT MODE (PAYMENT IN CASH- WRITE CASH) IF (PAYMENT IN CHEQUE OR D.D - WRITE BANK NAME)
STEP4- ( UNDER PARTICULARS) SELECT COMPANY TO WHOM YOU SOLD GOOD
STEP5- WRITE THE RECIEPT AMT NEXT TO PARTICULAR, AND PRESS ENTER TO CONFORM RECIEPT
STEP6- IF BILL OR INVOICE AGAINT S, CLEAR IT UNDER (AGNT) OPTION, IF NOT THAN CLEAR IT (ON ACCOUNT) OPTION
STEP7- WRITE NARRATION OR CHQ NO ACCORDING TO APPLICATION DEMAND
CHAP-8 PAYMENT ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- CLICK ON ACCOUNTING VOUCHERS
STEP3- FILL-UP (ACCOUNT) OPTION ,ACCOUNTS COULD BE IN TWO DIFFERENT MODE (PAYMENT IN CASH- WRITE CASH) IF (PAYMENT IN CHEQUE OR D.D - WRITE BANK NAME)
STEP4- ( UNDER PARTICULARS) SELECT COMPANY FROM WHOM YOU PURCHASED GOODS
STEP5- WRITE THE PAYMENT AMT NEXT TO PARTICULAR, AND PRESS ENTER TO CONFORM PAYMENT AMT
STEP6- IF BILL OR INVOICE AGAINT S, CLEAR IT UNDER (AGNT) OPTION, IF NOT THAN CLEAR IT (ON ACCOUNT) OPTION
STEP7- WRITE NARRATION OR CHQ NO ACCORDING TO APPLICATION DEMAND
CHAP-9 CONTRA ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- CLICK ON ACCOUNTING VOUCHER
STEP3- PRESS (F4)
STEP4- CONTRA IS ALSO CALLED ULTA ENTRY, IT MEAN YOU HAVE TO DO ULTA ENTRY
STEP5- IN ACCOUNT OPTION ( WRITE THE NAME, TO WHOM CASH/AMT TRANSFERRED)
STEP6- WRITE A NARRATION BELOW
STEP7- FOR ALTERATION , GO TO DISPLAY UNDER GATEWAY
CHAP-10 JOURNAL ENTRY
STEP1- GO TO GATEWAY OF TALLY
STEP2- ACCOUNTING VOUCHER
STEP3- PRESS (F7) FOR JOURNAL ENTRY
STEP4- DR or BY THE (RECEIVER) - CR or TO THE (GIVER)
STEP5- ACCORDING TO BALANCE SHEET SD AND SC ARE DECIDED
STEP6- WRITE A NARRATION
CHAP-11 CREDIT NOTE & DEDIT NOTE
STEP1- SALES RETURN VOUCHER ENTRY WILL PASS IN CREDIT NOTE
STEP2- PURCHASED RETURN VOUCHER WILL PASS IN DEBIT NOTE
STEP3- ACTIVATE DR AND CR NOTE OPTION IN FEATURE F11
STEP4- CREATE SALE RETURN LEDGER UNDER SALE A/C
STEP5- CREATE PURCHASE RETURN LEDGER UNDER UNDER PURCHASE A/C
STEP6- PASS PURCHASE RETURN ENTRY IN DEBIT NOTE (PR - CR)
STEP7- PASS SALE RETURN ENTRY IN CREDIT NOTE (SR – DR)
STEP8- TIP TO DECIDE WHERE SR AND PR WOULD BE POSTED, SO YOU ALWAYS POST IT AFTER FIRST ENTRY
CHAP12-MULTIPLE GODOWN
(STOCK JOURNAL & PHYSICAL JOURNAL)
(THIS MULTIPLE GODOWN A/C UTILISE TO TRANSFER RESPECTIVE STOCK TO MAIN GODOWN TO PRIMARY GODOWN AND PRIMARY TO OTHER PRIMARY GODOWN ACCORDING TO REQUIREMENT)
STEP1- ACTIVATE F11 FEATURE UNDER INVENTORY FEATURE (ACTIVATE MULTIPLE GODOWN)
PRESS F12 CONFIGURATION, CLICK ON ACCT/INT INFO TO ACTIVATE LAST OPTION USE ADDRESSES FOR GODOWN
STEP2- CLICK ON INVENTORY INFO TO CREATE GODOWN, ACCORDING TO INFORMATION GIVEN DECIDE MAIN GODOWN OR LOCATION ALSO
STEP3- CLICK ON INVENTORY VOUCHER UNDER GATEWAY OF TALLY AND ADJUST THE GODOWN TRANSFERRED DETAIL UNDER STOCK JOURNAL
STEP4- FIRST BOX FOR SENDER DETAIL AND SECOND BOX FOR RECEIVER DETAIL
STEP5- DON’T WRITE PER QTY RATE, FILL-UP ONLY QTY
CHAP 13-SALE AND PURCHASE ORDER PROCESSING
STEP1- PRESS F11 ACCOUNTING FEATURE AND ACTIVATE BOTH ORDER’S UNDER ORDER PROCESSING
STEP2- CLICK ON ACCOUNTING VOUCHER
PURCHASE LEDEGER - PURCHASE (UNDER PUR A/C)
STEP3- DECIDE MAXIMUM DAYS TO ARRIVED OR RECEIVED ORDER’S AND FILL-UP OTHER REQUIRED OPTION
CHAP 14-PHISYCAL STOCK OR CLOSING STOCK
STEP1- GO TO INVENTORY VOUCHER AND PRESS F10 TO GET PHY STOCK
STEP2- RECORD STOCK SEPARATELY
CHAP 15 – SALE TAX & PURCHASE TAX CONTROL
STEP1- GO TO ACCOUNTING VOUCHER AND SELECT PURCHASE OR SALES DEPEND UNPEN THE ENTRY
STEP2- FILL-UP ALL THE OPTION SALES LEDGER - SALES
STEP3- PRESS 2 TIMES ENTER, AFTER FILL-UP IN NAME OF ITEMS, QTY, AND AMT
STEP4- PRESS ALT+C TO CREATE SALES TAX LEDGER OR PURCHASE TAX LEDGER OTHERWISE YOU CAN ALSO CREATE IT IN BEGAN (DUTIES AND TAX COME S UNDER SALE AND PURCHASE TAX BOTH)
STEP5- IF ANY DISCOUNT SEEM, THEN PRESS ENTER ONE MORE TIME ATFER DOING SALES OR PURCHASE TAX ENTRY
STEP6- CASH DISCOUNT COMES UNDER INDIRECT EXPENSES
CHAP 16 – MANUFACTURING JOURNAL
STEP1- PRESS F12 TO ACTIVATE (BILL OF MATERIALS)
STEP2- GO TO ACCOUNT INFO AND CLICK VOUCHER TYPE
STEP3- CREATE NEW VOUCHER TYPE MANUFACTURING JOURNAL UNDER SHOULD BE STOCK JOURNAL AND SAY YES TO USE AS A MANUFACTURING
STEP4- THEN GO TO INVENTORY INFO, AND CLICK ON ITEMS
STEP5- CLICK ON CREATE, NAME- WOULD BE (GIFT ITEMS) UNDER FINISHED PRODUCT, AND COMPONENT OPTION IS “YES” ONLY ONCE TIME, AND WRITE ALL ITEM DO YOU HAVE
STEP6- CLICK ON INVENTORY VOUCHER AND PRESS ALT+F7 AND FILL-UP WHAT EVER YOU MADE, SELECT EXISTING JOURNAL
OR
STEP1- PRESS F12 AND ACTIVATE BILL OF MATERIAL
STEP2- CLICK ON ACCOUNT INFO, CLICK ON VOUCHER TYPE TOCREATE MANUFACTURING JOURNAL (UNDER FINISHED GOOD) “YES” USE AS MANUFACTURING JOURNAL
STEP3- SIMPLY GO TO THE INVENTORY VOUCHER AND PRESS ALT+F7, SELECT MANUFACTURING JOURNAL WHICH YOU MADE FOR IT
CHAP-17 PRICE LIST (WHOLESALE OR RETAIL)
STEP1- PRESS F11 TO ACTIVATE MULTIPLE PRICE LIST ( THE CONCEPT OF THIS CHAP IS TO CREATE MULTIPLE PRICE OPTION ON ONE PARTICULAR ITEM)
STEP2- WHILE YOU CLICK ON MULTIPLE PRICE OPTION AT F11,YOU HAVE GOT AN OPTION LIKE COMPANY PRICE LEVEL AT WHAT YOU CAN WRITE DOWN THE NAME OF PRICE e.g WHOLESALE AND RETAIL.
STEP3- AFTERWARD CLICK ON INVENTORY INFO UNDER GATEWAY OF TALLY TO ADJUST THE PRICE LIST OF (e.g OF WHOLESALE AND RETAIL)
STEP4- DO ENTRY ACCORDING TO INFORMATION GIVEN BELOW, YOUR PARTICULAR ENTRY APPLICABLE ON GROUP OR STOCK WHICH YOU MADE CHANGES
CHAP-18 COST CENTRE
(IN THIS CHAPTER YOU HAVE TO PROVIDE SALARY TO DIFFERENT DEPARTMENT OF THE COMPANY)
STEP1- PRESS F11 TO ACTIVATE COST
STEP2- GO TO ACCOUNT INFO AND CLICK ON COST CATEGORIES TO CREATED DEPARTMENT OF THE COMPANY
STEP3- CLICK ON COST CENTRE TO CREATE AN EMPLOYEES TYPES (CATEGORY- NAME OF DEPARTMENT, NAME - EMPLOYEE TYPE)
STEP4:- AFTERWARD SIMPLY GO TO ACCOUNTING VOUCHER, AND CLICK ON PAYMENT
STEP5- UNDER PARTICULAR OPTION ,YOU HAVE TO CREATE SALARY LEDGER IN WHICH LAST OPTION OF COST WOULD BE “YES” INSTEAD OF “NO”
STEP6- ACCORDING TO THE CHANGES THAT YOU HAVE MADE, YOU CAN ADJUST PAYMENT OF DEPARTMENTAL EMPLOYEES AS PER GIVEN INFORMATION
CHAP-19 PAYROLL
STEP1- PRESS F11 AND GET INTO IN A ACCOUNTING FEATURE TO ACTIVATE MAINTAIN PAYROLL, ENTER ACCEPT IT
STEP2- AFTERWARD CLICK ON PAYROLL INFO, AND GET INTO A UNITS(WORK) TO CREATE DURATION LIKE HRS, DAYS, MONTHS
STEP3- CLICK ON ATTENDANCE/PRODUCTION TYPES UNDER PAYROLL INFO, TO CREATE
* ATTENDANCE/ UNDER-PRIMARY/ ATTENDANCE TYPES-LEAVE WITH PAY
* OVERTIMES/ UNDER – PRIMARY / ATTENDANCE TYPE-PRODUCTION / UNITS- HRS
STEP4- GO TO PAYROLL INFO AND CLICK ON EMPLOYEES TO CREATE EMPLOYEES PROFILE IN DETAILS THOSE WHO WORKING WITH US( WHATEVER NUMBER OF EMPLOYEE DO YO HAVE YOU CAN REGISTERED OVER HERE
STEP5- CLICK ON PAY HEAD UNDER PAYROLL INFO, TO CREATE HEAD’S WHICH WE PAY TO EMPLOYEES IN DIFFERENT IN FORM ACCORDING TO CIRCUMSTANCES OF EMPLOYEES
* BASIC SALARY / EARNING FOR EMPLOYEES / INDIRECT EXPENSES / YES / GRATUITY - NO / CALCULATION TYPE - ON ATTENDANCE / ATTENDANCE / CP - DAYS / ROUNDING METHOD – NOT APPLICABLE
* CRATE HRA AND DA SAME AS ABOVE PROCEDURE
* CREATE PROVIDENT FUND ( PROCEDURE OF PF IS DIFFERENT FROM ABOVE )
PF / DEDUCTION FROM EMPLOYEES / CURRENT LIABILITY/ YES / AS COMPUTED VALAUE /NORMAL ROUNDING/ LIMIT- 2
STEP6- CLICK ON SALARY DETAIL, IN THIS YOU HAVE TO GIVE RATE OF BASIC SALARY, DEAR ALLOWANCE AND HRA AS PER DAYS
STEP7- GO TO ACCOUNTING VOUCHER PAYMENT / PRESS CTRL+F5 TO OPEN ATTENDANCE SHEET GIVE EMPLOYEES NAME AND METION HIS/HER DAYS HAS BEEN ATTENDED BY THEM TO CALCULATE INCOME ACCORDING TO ATTENNDANCE
(NOTE- YOU CAN ALSO DO THIS BY DIRECTLY GET INTO A PAYROLL VOUCHERS)
STEP8- GET IN TO PAYROLL VOUCHER AND PRESS CTRL+F4, ACCOUNT WOULD BE CASH A/C
STEP9- ENTER, AND PRESS ALT+A, THEN GIVE EMPLOYEE DETAIL
CHAP-20 VAT (VALUE ADDED TAX)
STEP1- SALES = INPUT & PURCHASE = OUTPUT
STEP2- PRESS F11 TO GET INTO STATUTORY AND TAXATION
STEP3- ACTIVATE VAT AND ALTER VAT DETAIL (FILL UP VAT DETAIL PROPERLY)
STEP4- FILL UP TAX INFORMATION IN SAME ACTIVATION FORM
STEP5- THEN CREATE SIX LEDGER AS FOLLOW
* ABC - CREDITOR
* XYZ - DEBTOR
* PURCHASE@4% - PURCHASE A/C (USE IN VAT – YES 4%)
* SALES@4% - SALES A/C ( USE IN VAT - YES 4%)
* INPUT VAT @ 4% - DUTIES AND TAXES >VAT >INPUT VAT > 4%
* OUTPUT VAT @ 4% - DUTIES AND TAXES >VAT >OUTPUTVAT >4%
STEP6- THEN PASS THE NORMAL PUCHASE AND SALES ENTRY WITH THE VAT 4%
STEP7- THEN TO DISPLAY THE VAT 4%, GO TO THE DISPLAY AND CLICK ON THE DAY BOOK
CHAP-21 TDS
ACTIVATION BEFORE:-
FOR DISPLAYING THE TDS NATURE OF PAYMENT, THE STEPS GATEWAY OF TALLY > DISPLAY > STATUTORY INFO > TDS NATURE OF PAYEE
(THEN FOR DISPLAYING THE DEDUCTEE TYPE ALSO FOLLOW THE ABOVE STEPS)
STEP1- THE STEP FOR TDS ALL AS FOLLOW, FIRST YOU HAVE ACTIVATE F11 STATUTORY AND TAXATION
* ENABLE TAX DEDUCTION AT SOURCE - YES
* SET / ALTER TDS DETAILS - YES ( THEN DISPLAY
WOULD BE WRITTEN LIKE “ COMPANY TDS DEDUCTOR DETAILS)
TAN - SHOULD BE THE 10 DIGITS DEDUCTION TYPE - OTHERS
STEP2- CREATE LEDGER
* TDS ON PROFESSIONAL SERVICES
DUTIES AND TAXES
FEES FOR PROFESSIONAL AND TECHNI SERVICES
YES / NO / NO
* COMPUTRONIC PVT LTD
SUNDRY CREDITOR
BILL - YES
NO / NO / YES
* PROFESSIONAL OR TECHNICAL SERVICES
UNDER - INDIRECT EXPENSES
NO / NO
STEP3- CREATE - TDS VOUCHER TYPE
> TDS JOURNAL
> TDS PAYMENT , STEP ARE AS FOLLOW
GATEWAY OF TALLY > A/C INFO > VOUCHER TYPE >
CREATE
* TDS PAYMENT
PAYMENT
TDS PYMT
AUTOMATIC
YES ( WHEN YOU WILL PRESS YES FOR THE ADVANCE CONFIGURATION, THE P.C WILL YOU VOUCHER TYPE CREATION (SECONDARY) IN THAT YOU GIVE FUFUOMATION ARE AS FOLLOW
* STAILING NO - 1
* WIDHT OF - 0
* NO
1ST APRL- YEARLY
1ST APRIL
1ST APRIL
THEN FINALLY SAVE IT
STEP4- TDS JOURNAL
JOURNAL
TDS JOURNAL
AUTOMATIC
NO / NO / YES / NO
EXAMPLE:
(1) LET US ASSUME THAT AN EXPENSES OF RS25000/- IS BOOKED DIRECTLY AND PAYMENT PAYMENT IS MADE TO THE PARTY CPMPUTRONIC PVT LTD, ON 1-7-2006 AFTER DEDUCTING TDS, THIS CAN BE DONE EITHER BY JOURNAL VOUCHER OR PUCHASE ENTRY
* BOOKING OF THE EXP AMT 25000
* DEDUCTION OF TDS FROM THIS EXP AMT
* REMITTANCE OF DEDUCTED TDS AMT IN THE AUTHORIZED GOVT A/C
* BOOKING THE EXP
FIRST ENTRY IN THE JOURNAL:-
DR - PROFESSIONAL OR TECHNICAL SERVICE
CR - COMPUTRONIC PVT LTD, THEN GIVE THE BILL ULISE
DETAILS FOR COMPUTRONIC PVT LTD
NEW REF 3
TDS ON PROFF 25000, THEN FINALLY ACCEPT IT
SECOND ENTRY:-
GATEWAY > A/C VOUCHER > PRESS F7 > TDS JOURNAL > THEN PRESS F12 AND ACTIVATE ALLOW ALTERATION TDS RATES > THEN PRESS ALT + S AND SELECT,
DR CPMPUTRONIC PVT LTD , AMT WOULD BE 1122 CR TDS ON PROFESSIONAL SERVICES, AMT BEING SAME 1122 SELECT NEW REFERNCE
THIRD ENTRY:-
GATEWAY OF TALLY > A/C VOUCHER > F5 > TDS PAYMENT
DR TDS ON PROFESSIONAL SERVICE 2575 (THEN GIVE THE TAN DETAILS) AGNT REF / PYMT / - / 2575 RS)
CR STATE BANK OF INDIA - 2575 (WRITE A CHEQUE NO)
CHAP – 22 FBT (FRINGE BENEFIT TAX)
STEP1- YOU HAVE TO ACTIVATE THE ENABLE FBT-YES AND ALSO ACTIVATE THE SET/ALTER FBT DETAILS-YES, THEN THE P.C WILL SHOW YOU A COMPANY FBT ASSOCIATION DETAILS
PAN/INCOME TAX NUMBER - 4535
ASSOCIATION - ASSOCIATION OF PERSON
ASSENCIATION CATEGORY - HOTEL
STEP2- STEPS FOR FBT, CREATE LEDGER
(A) FBT
UNDER DUTIES & TAXES
FBT / NO
(B) CNB ENTERPRISES
SUNDRY CREDITORS
NO / NO
(C) TOUR & TRAVELS
INDIRECT EXPENSES / NO / YES /
CONVEYANCE, TOUR AND TRAVEL
(D) ENTERTAINMENT
INDIRECT EXPENSE / NO / YES / ENTER
STEP3- GATEWAY OF TALLY > A/C VOUCHER > F12, IN THAT YOU HAVE TO ACTIVATE THE:- ALLOW EXP/FIXED ASST ARE - YES ALLOW SELECTION OF FBT CATEGORY - YES
STEP4- THEN CREATE VOUCHER TYPE, GATEWAY OF TALLY > A/C INFO > VOUCHER TYPE >ALTER > SELECT JOUNAL
(IN THIS YOU HAVE TO GIVE NAME OF CLAN > FBT RECOVERY > USE CLAN FOR FBT RECOVERY - YES)
STEP5- EXAMPLE:- SUPPOSE M/S CLASSIC HAS BEEN ENGAGED FOR THE ENTERTAINMENT PURPOSE FOR RS.2000 THE PURCHASE VOUCHER ENTRY WILL BE AS SHOWN
1> ENTRY
GATEWAY OF TALLY > A/C VOUCHER > F9
PARTY A/C NAME - CLASSICAL FUSION
PARTICULAR--
ENTERTAINMENT 2000
( FINALLY ACCEPT IT)
STEP6- ENTRY/EXAMPLE :- SUPPOSE M/S CLASSIC TRAVEL’S HAS SUBMITTED A BILL FOR 12500, THE JOURNAL VOUCHER ENRTY WILL BE AS SHOWN
IN JOURNAL YOU HAVE TO MADE THIS ENTRY
VOUCHER CLAN - FBT RECOVERY
DR M/S CLASSIC TRAVELS - 12500
CR TOURS AND TRAVELS - 12500
STEP7- ENTRY - PAYMENT/EXAMPLE
DR EVLECTAINM 1000
CR SBI 1000
STEP8- ENTRY EXAMPLE (FBT DEPOSIT VOUCHER ENTRY)
IT IS REQUIRED TO CREATE A BANK PAYMENT VOUCHER TO DEPOSIT FBT ( ADVANCE TAX , SELF ASSESSMENT OR REGULAR ASSESSMENT)
PAYMENT
DR - FBT
CR - SBI
FBT DETAILS - YES
ADVANCE TAX (100) THEN FINALLY ACCEPT IT
STEP9 - COMPUTATION
GATEWAY OF TALLY > DISPLAY > STATUTORY REPORT > FBT REPORT > FBT COMPUTATION
MANAUL TAXATION
STEP1 - simply do purchases and sales entry
STEP2 – hit enter twice, then press cntl+c and create input/out VAT
STEP3 - put duties & taxes in Under, then put % of tax and select on total sale
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