TallyPrime Course

Sales vouchers In Tally Prime are used when the company sells goods or services to customers. When a sales transaction is made, a document detailing the transaction (item name, qty, rate, tax, etc.) has to be given to the buyer or debtor as proof of purchase by him. This document is called “Invoice” or “Bill” or “Cash Memo”.   Gateway Of Tally >> Vouchers >> Sales (F8)   Voucher Mode : In Tally Prime, there are 3 modes for creating a Purchase Voucher. Each mode used for a specific purpose and can be chosen based on the scenario or nature of the purchase. CTRL+[H] This button is a toggle for Invoice and Voucher modes. 3 Modes.   1. Item Invoice Mode: This mode is used when you want to record a purchase that involves inventory items. It allows you to select inventory items and record their quantities, rates, and other related information. 2. Accounting Invoice Mode: This mode is used when you need to record a purchase without inventory. This could be used for service purchases or other non-inventory related transactions. 3. As Voucher Mode : In this mode voucher is created as an accounting entry without affecting inventory quantities or values.   Sales Voucher with Stock Item Create required ledger – Customer Name Ledger Create Sales A/c Ledger Click on Voucher Select Sales Voucher – F8   Fill Item Details After filling the item details Second item details Sales voucher will be like something this   See Reports (Balance Sheet) Balance Sheet Report Current Assets Closing Stock Stock Group Sundry Debtor Report – Receivable Party Name Date Reference – Sale Date / Month Sales Voucher See this one   Assignment No 1 | Item Invoice   Assignment No 2 | Item Invoice   Assignment No 3 | Item Invoice   Assignment No 4 | Item Invoice   Assignment No 5 | Item Invoice   Assignment No 6 | Item Invoice   Assignment No 7 | Item Invoice   Assignment No 8 | Item Invoice   Assignment No 9 | Item Invoice   Assignment No 10 | Item Invoice  

Purchase vouchers In Tally Prime are used when the company purchased some goods or services from suppliers. Purchase entries can be made in the Voucher as well as Invoice Formats. The advantage of using the invoice format for purchase entry is that it allows automatic calculations of taxes. (ledger accounts classified under the group ‘Duties & Taxes’).   Voucher Mode in Purchase Voucher: In Tally Prime, there are 3 modes for creating a Purchase Voucher. Each mode used for a specific purpose and can be chosen based on the scenario or nature of the purchase. Press CTRL+[H] to Change the Voucher Modes.   Item Invoice Mode: This mode is used when you want to record a purchase that involves inventory items. It allows you to select inventory items and record their quantities, rates, and other related information. Accounting Invoice Mode: This mode is used when you need to record a purchase without inventory. This could be used for service purchases or other non-inventory related transactions. As Voucher Mode : In this mode voucher is created as an accounting entry without affecting inventory quantities or values.     Gateway Of Tally >> Vouchers > Purchase (F9)           Purchase with Stock Item Step 1- Click on Create Create Required Ledger for Make Voucher Entry like Party Name, Purchase or Other If Already done that’s great – for create new click on ledger Enter your your ledger information like name, under group and related info   Now Create inventory master like stock group, category, unit, item name, godown for arrange in a systematic way. Create Stock group click on group after click on create its visible only if enable inventory features in your company. Enter here you stock group name and other info Create stock Category Enter here your item category name Create item measurement unit Create Stock Godown Enter here godown name and info Now Create Stock Item And with stock group , category and unit also used (Group) Add category Add stock unit now item is ready to save Another stock item with another category stock item create Before purchase our balance Sheet (Closing Stock 6700.00)   Select voucher mode as item invoice Purchase voucher with all information filled Fill other information like rate, qty, godown, etc now accept voucher and save transaction   now see reports after making purchase voucher (Balance Sheet) See reports   See liability report   See reports Stock summary Stock group wise   Stock item       Assignment No 1 : Item Invoice   Assignment No 2 Item Invoice   Assignment No 3 Item Invoice   Assignment No 4 Item Invoice   Assignment No 5 Accounting Invoice    

Voucher is a document containing the details of financial transactions. There are many types of vouchers in tally prime to enter the business transactions like sales, payment, contra, purchase, Receipt, debit note, etc. Types Of Vouchers In Tally Prime Accounting 1. Accounting Voucher – for accounting Entries 2. Inventory Voucher – for inventory entries 3. Payroll Voucher – for Employees category (attendance and salary ) 1 Accounting Vouchers – for accounting Entries Vouchers in Tally is a document having all the details of a financial transaction and is required for recording in the books of accounts. It helps in easy recording and modifying of records. Various types of vouchers in Tally prime: 1. Sales Voucher 2. Purchase Voucher 3. Payment Voucher 4. Receipt Voucher 5. Contra Voucher   2. What is the use of inventory vouchers in Tally Prime? Inventory refers to all the items, goods, and materials held by a business for selling in the market to earn a profit. Inventory vouchers are used to enter any type of stock transaction receipt and issue of goods/stock (Movement of goods). Only entries can be made in accounting vouchers, but stock, group, purchase return, sales return, etc. can all be entered in inventory voucher. Types of inventory voucher in tally prime accounting 1. Purchase Order 2. Sales Order 3. Inward Rejection 4. Outward Rejection 5. Stock Journal 6. Delivery Note 7. Receipt Note 8. Physical Stoc 3. Payroll Voucher – for Employees category (attendance and salary ) In Tally prime you can process salary for an employee using the payroll voucher. The salary is calculated based on the salary defined for the employee. Income tax on the salary is calculated based on the income tax slab and tax regime of the employee. It includes collecting the list of employees to be paid, tracking the hours worked, calculating the employee’s pay, distributing the salary on time, and recording the payroll expense 4. Orders Vouchers