Wednesday, September 17, 2014

Advanced Accounting Featuers in Tally.ERP9

Advanced Accounting Featuers in Tally.ERP9

Cheque Printing in Tally.ERP 9
1
Tally.ERP 9 has provided the convenience of pre-configuring the dimensions for ease in configuring and printing of cheques. The Cheques can be printed at the time of making payments to vendors during Voucher Entry i.e., directly from the Payment Vouchers or from cheque printing reports
Multi-Currency in Tally.ERP 9
2
Tally.ERP 9 makes it easy to manage multiple currencies, automatic calculations of exchange rates, automatic conversion of any currency used to record a transaction to the currency of the account, etc.
Multi-Address in Tally.ERP 9
3
The Multi Address feature in Tally.ERP 9 allows you to maintain multiple mailing details for your company and ledgers
Credit Limits in Tally.ERP 9
4
Credit Limit refers to the monetary limit agreed upon mutually by the seller and the buyer for trading purposes. Credit Limits can be specified for any Ledger account falling under the groups Sundry Debtors and Sundry Creditors.
Cost Category & Cost Center in Tally.ERP 9
5
Cost Category & Cost Center in Tally.ERP 9- Meaning, Creation, Alternation & Application.
'Budgets' in Tally.ERP 9
6
A budget is a plan prepared for the flow of funds in an organisation. It contains financial guidelines for the future plan of action for a selected period of time.
Interest Calculatins in Tally.ERP9
7
Tally.ERP 9 allows you to obtain reports on interest calculated by Tally.ERP 9 based on the instructions you furnish. Interest figures are typically desired in the following situations:
  1. On outstanding balance amounts
  2. On outstanding bills/invoices/transactions (Receivable and payable)
Tally.ERP 9 gives you an tremendous capability to obtain interest implications on both