Interest Calculatins in Tally.ERP9

Interest Calculatins in Tally.ERP9

Interest Calculation in Tally.ERP 9 - Meaning 1 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

Interest Calculation in Simple Mode 2 To calculate Interest in the Simple Mode: 1.    Go to Gateway of Tally> F11: Features> Accounting Features > Set Activate InterestCalculation to Yes. > Set Use Advanced Parameters to No. 2.    In the Ledger Creation screen set Activate Interest Calculation to Yes. 3.    The Interest Parameters sub screen is displayed. Enter the Rate and select the interest style from the list

Interest Calculation in Advanced Mode 3 The advanced parameters are particularly useful where interest rates change from time to time. ·         Go to Gateway of Tally> F11: Features > Accounting Features > Set Activate InterestCalculation to Yes. > Set Use Advanced Parameters to Yes. ·         The Interest Parameters sub-screen is displayed

Interest Calculation on Group 4 Interest Calculation reports are automatically produced if the feature is activated In F11: F1: Accounting Features and the parameters are set for individual ledger accounts.

Interest Calculation on Ledger Balances 5 You can get a report on the Ledger balances for the interest calculated. Go to Gateway of Tally> Display> Statements of Accounts> Interest Calculations> Ledger Select Account E.g. Bank Loan Account.

Statement of Interest Due on Invoice 6 You can calculate interest on each invoice for the period it is outstanding, wholly or partly. Transaction by transaction or bill-by-bill interest calculation is permitted for 'Party' accounts like accounts falling under the groups Sundry Debtors and Sundry Creditors. Bill-wise details should be active for the company and the party

Interest Calculation based on Bank Date / Voucher Date 7 The interest calculation feature is enhanced with the facility to calculate interest on ledger balance as per Bank balance provided in Bank Reconciliation Statement using simple and advanced parameters based on bank/reconciliation date. However, to allow users to predefine auto-calculation of interest based on voucher date, the Date Type - Voucher Date is also made available along with Bank/Reconciliation Date in the bank ledger master.

JOB Costing in Tally.ERP9

JOB Costing in Tally.ERP9

Meaning - JOB Costing in Tally.ERP9 1 Job costing is a form of specific order costing, which applies to a job undertaken according tocustomer requirements and specifications. Tally.ERP 9 enables the tracking of cost and revenue information down to the smallest detail.

Enabling Job Costing in Tally.ERP 9 2 The Job Costing feature in Tally.ERP 9 is used to track all the incomes and expenses for a project. Each project or job is created as a Cost Centre. The Cost Centres and Inventory Options (Maintain Multiple Godowns) are integrated in Tally.ERP 9 to enable Job Costing

Creating Masters for Job Costing 3 reating masters for Job Costing is similar to creation of other ledgers. The masters for job work analysis are

Job Costing Transactions 4 Under Job Costing Transaction which includes...Purchase Vouchers, Payment Vouchers, Stock Journal Vouchrs, Journal Vouchers etc......

Job Costing Reports 5 Job costing report enables the user to know the Net Profit/Loss for the selected re the reports available in Job Work Analysis

Point of Sale (POS) in Tally.ERP 9

Point of Sale (POS) in Tally.ERP 9

Meaning – Point of Sale (POS) 1 POS is an acronym for Point of Sale. Point of Sale could mean a retail shop, a check-out counter in a shop or any other location, where a sales transaction takes place. The various POSequipment used in retail outlets are Cash registers, card readers and barcode scanners.

Creating POS Voucher Type with Voucher Class 2 To create a POS Invoice Voucher Type with Voucher Class, you may create a new POS InvoiceVoucher Type or alter an existing Sales Voucher Type with Use for POS Invoicingoption set to Yes.

Creating a POS Voucher Type WithoutVoucher Class 3 To enable POS Invoicing in Tally.ERP 9. create a POS Invoice Voucher Type. You may also alter an existing Sales voucher type for this feature to be enabled. Go to Gateway of Tally > Accounts Info > Voucher Type > Creat

Creating POS Invoice 4 o enter a simple transaction using a POS Invoice with single payment mode: Go to Gateway of Tally > Accounting Vouchers > Select F8: Sales

Creating a POS Invoice with Multi-Mode Payment 5 To create a POS Invoice with Multi Mode Payment, click on the Multi Mode Pymt button in the Button bar, to account for receipt of payments through other modes like Gift vouchers, Credit card/Debit Card  or by cheque/DD etc.

POS Invoicing with Advanced Configuration 6

Creating a POS Invoice using Voucher Class 7 To create a POS Invoice using Voucher Class: Go to Gateway of Tally > Accounting Vouchers > Select F8: Sale

Creating a POS Invoice with Batchwise Details 8

Creating a POS Invoice with Different Actual and Billed Qty. 9 Go to Gateway of Tally > Accounting Vouchers > Select F8: Sales 1.    Select the POS Voucher Type 2.    Select Godown, Party A/c Name, Sales Ledger and VAT/Tax Class (if applicable) from the list.

Printing a POS Invoice 10 On accepting the POS Sales Invoice screen, press ALT+P or click on Print button, Tally.ERP 9 prompts you to print. Press ALT+S or click on the Select Printer button and select the printer from the list. Currently, Tally.ERP 9 support STAR TSP 600 Compatible, Epson TM T88iii Compatible and Epson TM U220 Compatible printers.

Displaying POS Register 11 POS Register lists all transactions made over a particular day and by default displays the lastinvoice entry date of a POS invoice. Each POS Invoice is further drilled down to obtain the lowest level of information. It could also be set to list all the transactions made over a period. Press F2: Period on the button bar or press the keys Alt+F2.