Ankit IT Solutions – Training Institute

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Bill By Bill Entry in TallyPrime – A Simple Guide

This ensures better control over receivables and payables, making it easier to manage business finances. “Bill-by-Bill” is a feature in TallyPrime that is primarily used in the context of managing accounts receivable and accounts payable. It allows you to keep track of individual bills or invoices related to specific transactions. Bill-by-Bill Accounting in TallyPrime allows […]

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Stock Journal Class (Transfer & Consumption)

Stock journal voucher is used in accounting to record transactions related to the consumption of items within a company and the transfer of items between different locations or branches. 1. Consumption: Purpose: The consumption aspect of this voucher class is used to record the usage or consumption of inventory items within the company for various

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How to Display Stock Report Location/Godown Wise in TallyPrime

A stock report in TallyPrime provides details of available inventory, helping businesses manage stock efficiently. When dealing with multiple locations, viewing stock reports godown-wise helps in better decision-making.   Click on Display More Reports Click on Inventory Books Click on Godowns / Locations Select you godown / location Report

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Stock group Summary in TallyPrime

In TallyPrime, the “Stock Group Summary” is a report that provides a consolidated view of your inventory items grouped by their respective stock groups. This report helps you assess the overall stock position of different categories or groups of items in your inventory. To generate a Stock Group Summary report in TallyPrime, follow these steps:

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Multiple Godowns in TallyPrime

Maintaining multiple godowns (warehouses or storage locations) in TallyPrime allows you to efficiently manage inventory for businesses with multiple storage points. A stock report in TallyPrime provides details of available inventory, helping businesses manage stock efficiently. When dealing with multiple locations, viewing stock reports godown-wise helps in better decision-making.   Click on Display More Reports

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What is Bookkeeping? A Complete Guide for Beginners

Bookkeeping is the process of recording and organizing all financial transactions of a business on a daily basis. It involves keeping accurate records of what comes in and what goes out — whether it’s sales, purchases, receipts, or payments. A bookkeeper typically performs the following tasks: Recording sales and income Tracking expenses and payments Managing

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What is Entry in Accounting? | Entry Modes and Types Explained

An entry in accounting refers to the act of recording a financial transaction in the books of accounts. It shows what happened in the transaction—which accounts are affected, how much is involved, and why the transaction occurred. The entry is usually recorded in a journal (also called the book of original entry), and it follows

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Insert Symbol, Special Characters & Equation in MS Word

In Microsoft Word, you can insert symbols, special characters, and equations to enhance your documents. Here’s an explanation of each, along with examples and instructions on how to insert them: 1. Symbols: Symbols are characters or icons that are not part of the standard alphabet and are used for various purposes in documents. These can

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