Ankit IT Solutions – Training Institute
A Zero Value Entry refers to any transaction in TallyPrime where the monetary value of the item or transaction is zero, i.e., no amount is paid or received, but the movement of stock, asset, or document is recorded. Zero value transaction is used when you want to pass the entry without any amount, for example […]
How to Record Zero Value Entries & Blank Cheque Entries in TallyPrime Read More »
Price List is a feature in Tally where you can fix the rate of an item for different groups or occasions. In business, you may want to sell the same item at different prices to different types of customers like wholesalers, retailers, or regular customers. TallyPrime offers an excellent feature to manage different pricing for
Price List and Price Level in TallyPrime: Simplified Guide Read More »
Promotional offers like “Buy One Get One Free” (BOGO) are common in sales, and managing such transactions in accounting, there are 3 important concepts to understand: Billing Quantity and Actual Quantity. These help you record sales accurately while ensuring proper stock management. Actual Quantity: This refers to the total physical quantity of the items being
Multi-Currency means the ability to record transactions in more than one currency (like Rupees, Dollars, Euros). Managing international transactions is a part of modern business. If you are buying or selling in other countries, you’ll deal with foreign currencies like USD, EUR, etc. Many businesses deal with international clients and vendors, making it essential to
Multi-Currency in TallyPrime: A Step-by-Step Guide Read More »
Purchasing items with discounts is a common transaction in business. In TallyPrime, you can enter purchase transactions while applying discounts on individual items. Discount is a reduction in the price of an item or total invoice amount. In TallyPrime, you can apply discounts in several ways: Discount entry in TallyPrime refers to recording purchases/ sales
Discount on Purchase / Sales Entries in TallyPrime? Read More »
TallyPrime is a versatile accounting software used by businesses to manage their financial records. One of its most important features is the ability to restore a company. This feature is useful when you need to retrieve data from a backup file. Whether you’re migrating data, recovering lost information, or restoring files to a new system,
How to Restore Company in TallyPrime: A Step-by-Step Guide Read More »