Tally plays a very important role for doing all the work in a systematic and efficient way. with the help of this software we can easily known about the financial position of the company. No error creates. Only one reason error create when user make wrong entry at the time of making the ledger creation.
inventory voucher: (F2)
1. Integrate account and inventory:
It is so because showing opening and closing balance in profit and loss account. It is best features of accounting software.
2. Allow zero valued entries:
It is activate only that situation when you don’t want to write a rate and amount in accounting voucher.
For example: suppose when A purchased television from the LG company then under the company scheme gives gift as mobile to the customer then amount of mobile not shown on the bill. So, for this purpose activate the zero valued entries.
3. Maintain multiple godowns:
Godown: It is the main company features in Tally. It is that place which plays very important role to store the goods in a systematic way. It is so because when any businessmen do the business more than one items then some of the items which are in large quantity and big side are stored in godown. When any customer gives order for purchases then directly sale from godown.
· Main location: television, microwave, cooler are kept
· Godown A: heater, washing machine, mobile, are kept
· Godown B: air conditioner, freezer, geyser are kept
4. Maintain stock category à
Whenever any person can start the business then much transaction may be occurred which are related to purchase or sales. So in case it is very necessary to maintain proper record related to stock. Every business various type of stock are required like in spare parts co. plug, comet, gurse, ball bearing etc.
5. Maintain batch wise detail (set expire date for batches):
When any person can start the business like in medicine shop then it is very necessary to maintain batch wise detail to check the expiry date.
6. Used different actuals & billed Qty:
It is activate only that situation when company gives gift to the customer for the purchased large quantity of goods.
For example: A when 10 items are purchased. Then it is under the under Actual quantity column 10 numbers will be entered and under Billed quantity 8 numbers will be entered. Tally. ERP 9 allows you to record both these in different fields in the same invoice.
7. Allow sale and purchased order processing:
When any person can start the business then gives order to the supplier for delivered the goods in large quantity and then sale to his customer according to his order. When the order is placed with the suppliers for the supply of goods, the Items, quantities, date of receipt etc., details are given with the Purchase Order Number. Later, when these goods are received, the Purchase Order is tracked for the Order Details either in the receipt note or in the purchase Invoice.
Using in voucher entry for sale and purchase.
Allow invoicing enter purchased in invoice format:
- As voucher type: It is only shown the party name, ledger, and current balance in the voucher.
- As invoice type: For change the main heading of the accounting voucher like particulars and name of items.
- After activation (voucher type, invoice type) shown on the right side on the screen.
9. Use debit and credit notes, Use invoice debit and credit notes modes:
Debit note: When goods are returned by the customer to the supplier due to wrong quantity or quality of product, rate difference, discount, commission, etc. is known as debit note. it is also known as purchased return.
Credit note: It is an official or commercial document which is provided by supplier to the customer.
10. Separate discount column on invoices: when any person purchased the goods from the market in large quantity then gives discount to his customer.
For example: when person purchased goods Rs.50000 then 1% discount
100000 then 3% discount
200000 then 5% discount
11. Use multiple price level:
When any customer purchased the goods in large quantity from the market like in wholesaler, retailer, consumers then give discount to his customer. So for this purpose maintain multiple price level. In price list: suppose when customer purchased only 1 television Rs.15000 per piece and when he purchased the goods in large quantity like 15 television Rs.14000. so, when customer purchased the goods in large quantity then give discount RS.1000 per piece.
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