Job Costing is a method of costing where costs are assigned to a specific job project or batch. Each job is treated as a unique cost unit, and all related income and expenses are tracked to analyze profitability. Job Costing is used to track expenses and incomes related to a specific project, contract, or job. …
Backing up your company data in TallyPrime is an essential practice to ensure the safety of your financial records. Regular backups protect your data from unexpected issues like system crashes, corruption, or accidental deletions. By following this guide, you can ensure that your data is secure and recoverable in case of any unforeseen issues. Make …
Round Off in TallyPrime is used to adjust small decimal differences in the invoice total. It helps in making the final amount whole or clean, especially when tax and discount calculations lead to amounts like ₹10,542.53. For example: Invoice Total = ₹10,542.53 Rounded Off = ₹10,543.00 Round Off Amount = ₹+0.47 (automatically adjusted by …
A Post-Dated Voucher is a voucher (like Payment, Receipt, Journal, etc.) that is entered today but is dated for a future date. It does not affect your books of accounts or reports until that future date arrives. Post-dated vouchers help you plan and schedule transactions for future periods, making it easier to manage your finances, and they are typically associated with cheques, payments, …
A Physical Stock Voucher in TallyPrime is a type of voucher used to record the actual physical count of inventory items on hand. A Physical Stock Voucher in TallyPrime is used to record actual physical stock available in your store or warehouse. It helps to adjust your book stock (stock shown in Tally) with real …
An Optional Voucher in TallyPrime is a temporary voucher that does not affect the books of accounts unless converted into a regular voucher. It means you can enter a full transaction, save it, but it won’t affect your accounts or stock unless you make it regular later. Here’s why Optional Vouchers are useful: Situation Use …
Optional Vouchers in TallyPrime – A Step-by-Step Guide Read More »
