TallyPrime Course

A Credit Note Voucher is used to record transactions where a business gives credit to a customer, which helps record returns or adjustments when goods are returned by customers, discounts are given, or any other credit adjustment is required. In TallyPrime, Credit Notes help record sales returns or adjustments in receivables from customers. Credit note document is prepared by the supplier on receiving the goods return By the customers/debtors. It directly has a negative effect on the sellers accounting balance. The credit note informs clients about the credit provided in their account.   🧾 Common Situations for Issuing a Credit Note: Scenario Example Sales return Customer returns damaged goods worth ₹10,000 Overbilling Customer was billed ₹12,000 instead of ₹10,000 Post-sale discount ₹500 discount issued for bulk purchase   How to record Credit Note in TallyPrime Step 1 Click on vouchers   Step 2 Click on Other vouchers   Step 3 Click on Credit Note (ALT + F6) If this voucher not showing in Tally Prime then you can press on show Inactive   Enter the following details: Party’s Name: Select the customer or party to whom the credit applies. Items or Ledger: Add the returned items or ledger for which the credit is being issued. Amount: Enter the total credit amount. Narration: Add a note explaining the reason for the credit.   1.  Following item retuned to Ghansyam IT Hub   2.  Following item retuned to Dubay Mobile Marketing   3. Following item retuned to Adarsh A to Z Mobile Hub   Example of a Credit Note Voucher Scenario: Your business, ABC Traders, sold 10 items to a customer, but 2 items worth ₹500 each were returned due to damage. Here’s how you can record this: Open Credit Note Voucher. Select the customer’s account (e.g., Customer A). Under Items, add the product being returned. Enter the quantity (2) and the value (₹500 each). The total credit amount will automatically calculate as ₹1,000. In the Narration, write: “Goods returned due to damage (Invoice #456).” Save the entry. Now the customer’s account is credited with ₹1,000, and your records are updated.   🧾 Credit Note vs Debit Note Basis Credit Note Debit Note Issued By Seller Buyer Used For Sales return or price reduction Purchase return or price reduction Account Affected Customer account is credited Supplier account is debited 🧾 Example Entries for Credit Notes 1. Sales Return with GST Dr. Sales Return A/c ₹10,000 Dr. CGST Output A/c ₹900 Dr. SGST Output A/c ₹900 Cr. Customer A/c ₹11,800 Narration: Being return of goods by customer with GST adjustment. 2. Overcharged Invoice Adjustment Dr. Sales A/c ₹1,695 Dr. CGST Output A/c ₹152.50 Dr. SGST Output A/c ₹152.50 Cr. Customer A/c ₹2,000 Narration: Being credit note issued for overcharged invoice #202.

A Sales Voucher is a document used to record sales transactions in TallyPrime. It helps in keeping track of revenue, updating inventory, and ensuring accurate financial records. A sales voucher is a form of a receipt or documentation commonly given to a buyer of supplies or goods. Sales Voucher in Tally​​ It is one of the most widely used accounting vouchers in tally. When a company sells goods / Services on credit or cash, Sales voucher is used to record all the Sales transactions of the company. It is a type of accounting voucher in Tally, you can record all transactions related to sales in This Voucher. TallyPrime is one of the most popular accounting software, making it easy to manage financial transactions. One of its key features is the Sales Voucher, which is used to record all sales transactions. In this article, we will explain what a sales voucher is and provide a simple, step-by-step guide on how to create it in TallyPrime. For example, when you sell products or services to a customer, you record the details in a sales voucher, which updates your accounts and inventory automatically. Benefits of Using Sales Vouchers in TallyPrime Accurate Records: Maintain precise records of all sales transactions. Inventory Updates: Automatically update stock levels after every sale. Tax Compliance: Ensure proper calculation and recording of taxes like GST. Time-Saving: Streamline the sales process by automating calculations and updates. Click on Vouchers   Select Sales Voucher by Pressing F8 or Select from Sidebar   Delivery note note Delivery Note Details Party Details Ledger Now sales voucher make   See Balance Sheet   Current Assets   Sundry Debtors   Party Name Bill Checking Date / Months   Report   How to Check Sales Bills Pending Click on Display More Reports Click On Statement of Inventory Sales Bills Pending Report Reports – No Pending Bills How to Check Sales Order Outstandings Reports – Click on Sales Order Outstandings Reports Click on All Orders Reports of Sales Order Outstandings Reports How to Check Delivery Note Register Click on Delivery Note Register Reports of Delivery Note Register   Delivery Note Voucher   How to See Party Ledger All Transaction Reports – Click on Account Book   Click on Ledger Select here party ledger Reports will be like this  

A Rejection In Voucher is used to record goods returned by customers due to defects, wrong items delivered, or other reasons.  it’s helps record and track the return of goods that were rejected by customers. This voucher ensures accurate inventory updates and keeps track of returned items. For example, if a customer receives 20 units of a product and finds 5 units defective, the customer can return those items. The Rejection In Voucher is used to record this transaction. Practical Scenarios for Rejection In Voucher Defective Goods: Record returns of damaged or defective items from customers. Wrong Delivery: Manage returns of incorrect items sent to customers. Excess Supply: Track items returned due to oversupply or order cancellation.   Party Name: Select the customer or party returning the goods. Date: Enter the date of the transaction. Delivery Note Reference (if applicable): Link the voucher to a corresponding delivery note for better tracking. Item Details: Select the item being returned from your inventory. Enter the quantity being returned. Specify the rate and amount if necessary. Reason for Rejection (optional): Add a note or description explaining the reason for rejection. Once all details are entered, press Ctrl + A to save the voucher. Gateway of Tally >> Vouchers >> Other Vouchers >> Rejection In (CTRL + F6) 1. Following Item Returned  from Ghansyam IT Hub   2. Following Item Returned  from Dubay Mobile Marketing   3. Following Item Return from Bagga Mobile Shop   4. Following Item Return from Adarsh A to Z Mobile Hub   The Rejection In Voucher feature in TallyPrime is a simple yet powerful tool for managing returns from customers. This not only helps in better inventory control but also improves your overall business efficiency.  

A delivery note is a document used to record the delivery of goods to customers. It contains details like the quantity, description, and condition of the items being delivered. Delivery notes are useful for ensuring smooth order fulfillment and keeping accurate records. You can record delivery notes as the first voucher and generate a sales bill, or generate a delivery note against a sales bill. Delivery notes help to remind a customer of their order and/or inform them of what is included in the current shipment. Delivery notes can also serve a useful purpose on the seller side as well. For example, if your customer places an order for 50 units of a product, a delivery note records the dispatch of these goods.   Go to vouchers now Select Delivery Note Voucher by clicking on ther vouchers or F10 click on show inactive select delivery note before voucher use we need to activate this once Delivery voucher will be like this – Select here party name if any old order pending received then you can select order no here or not applicable Order Details fill Party ledger details check and accept it delivery note of 5 nos office chair enter the Godown / location details now accept it and save now see balance sheet Balance Sheet Report Current Assets Closing Stock Sundry Debtors Pending Sale bill Good Delivery Note now check item details which received – closing stock Group of item Item Details Profit loss Reports How to check sales bill make pending – Display More Reports Statements of Inventory Sales Bills Pending Bill Details