Purchasing items with item-wise discounts is a common transaction in business. In TallyPrime, you can enter purchase transactions while applying discounts on individual items.
Method 1
What is Discount Entry?
Discount entry in TallyPrime refers to recording purchases where a discount is applied to items. Businesses use discounts to attract customers or to get benefits from suppliers.
There are two main types of discounts:
- Item-wise Discount – A discount is applied to each item separately.
- Total Sale Discount – A discount is applied to the total bill amount.
- Percentage Discount – A percentage-based reduction is given on item price or total bill.
TallyPrime is a comprehensive accounting tool that makes it easy to handle invoices, manage stock, and track payments. One feature that many users look for is adding a discount column in their invoices. Discounts are an integral part of sales and purchase transactions, and TallyPrime provides an easy way to handle them.
How to record Item-wise Discount Purchase / Sales Entry in TallyPrime
Press F11 To enable the discount column feature
Create Part Ledger
go to Vouchers
Purchase Voucher with Discount Column – Item wise Discount Purchase Entry in TallyPrime
Sales Voucher with Discount Column – Item wise Discount Purchase Entry in TallyPrime
Method 2