Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Ts
1. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 1
Tally GST Booklet
Who we are
CybroGeek IT. Academy is the global provider of end to end IT services based in
Daman, India. Since Feb 2014. It has been contributing the society through its various
activities like
• Computer Education Training
• Computers Sales & Services
• CCTV Surveillance
• Software Development
• Website Development
• Android & iOS Apps Development
• Internet Service Provider
• Cyber Crime Investigations
• Online Learning System
Our Contact Details
Office Address Contact & Mail Websites
CybroGeek IT. Academy
F101, Neelkanth Residency,
Above YES Bank, Khariwad,
Nani Daman-396210.
Mobile: 7383778643
Phone: 8866668398
Mail: info@cybrogeek.com
www.cybrogeek.com
www.edu.cybrogeek.com
www.online.cybrogeek.com
DISCLAIMER
The information contained in this article is for general information purposes only. The information is provided by
Tally and while we endeavours to keep the information up to date and correct, we make no representations or
warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with
respect to the article or the information, products, services, or related graphics contained on the website for any
purpose. Any reliance you place on such information is therefore strictly at your own risk. This article is not
substitute for the advice of an attorney or tax consultant.
IN NO EVENT SHALL TALLY BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION,
INDIRECT, SPECIAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES OR THOSE RESULTING FROM LOST PROFITS, LOST
DATA OR BUSINESS INTERRUPTION) ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THIS
ARTICLE, WEBSITE, ANY WEBSITES LINKED TO THIS WEBSITE, OR THE MATERIALS OR INFORMATION CONTAINED AT
ANY OR ALL SUCH WEBSITES, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY
AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IF YOUR USE OF THE MATERIALS OR
INFORMATION ON THIS WEBSITE RESULTS IN THE NEED FOR SERVICING, REPAIR OR CORRECTION OF EQUIPMENT
OR DATA, YOU ASSUME ALL COSTS THEREOF.
2. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 2
Table of Contents
1. Introduction of Tally...............................................4
• Founder of Tally
• Introduction of Tally
• Features of Tally
• Advantage of Tally
• Type of Organization
2. What is Tally..........................................................6
• Advantages of Tally Accounting
• System of book keeping
• Accounting Terms
• Type of Accounts
3. How to create a Company.....................................9
• Company creation and setup details
• Ledgers & Undergroup
• Menu shortcut keys
• Recording Transactions of Sample Data
4. Work with Inventory.............................................18
• Accounts with Inventory
• Creating a Stock Group
• Stock Category Note
• Stock Items
• Creating Stock item in Default Mode
• Units of measure
• Creation for Single Unit of Measure
• Godown and creation of Godowns
• Stock Journal & steps of Stock Journal
• Receipt Note & Delivery Note
• Receipt Note
• Delivery Note
• Rejection Out & Rejection In
• Debit notes & Credit notes
• Steps of Debit & Credit Notes
5. Voucher Creation. ...............................................23
6. Lesson-1: Order Processing – Purchase Order. .24
3. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 3
7. Lesson-2: Sales Order Processing .....................34
8. Lesson-3: Goods Receipt Note ...........................40
9. Lesson-4: Delivery Note / Delivery Challan.........45
10.Lesson-5: Purchase Return-Debit Note ..............50
11.Lesson-6: Sales Return-Credit Note ...................53
12.Lesson-7: Debit Note Against Rejections Out.....55
13.Lesson-8: Credit Note Against Rejections In ......60
14.Lesson-9: Multiple Godowns / Stock Location ....65
15.Lesson-10: Cost Centers ....................................70
16.Lesson-11: Cost Centers Categories ..................74
17.Lesson-12: Job Costing ......................................79
18.Lesson-13: Payroll ..............................................87
19.Goods and Service Tax (GST)..........................109
20.Lesson-1: Defining GST at Company Level......110
21.Lesson-2: Defining GST at Stock Group Level .118
22.Lesson-3: Defining GST at Stock Item Level ....124
4. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 4
• Late Shri Shayam Sunder Goenka was the
founder of tally software.
• Mr. Bharat Goenka was co-founder of tally.
Mr. Bharat was a gradated science with
mathematics as major. his father S.S
GOENKA gifted a IBM laptop to Mr. Bharat
that was turning point of his life Mr. Bharat by
using his mind develop an accounting
software name neutronics.
• Mr. bharat and his father started peutronics
in 1986. Which was renamed as tally in 1988.
Today tally is used world wide in all type of
business small and large
Introduction of Tally
Tally.erp9 is the India’s fastest and most powerful concurrent multi-linual business
accounting and inventory management software. Tally erp9 designed to meet the needs
of small and medium business is fully integrated affodable and highly reliabel software.
Tally erp9 is designed to automate and integrate all your operation such as sales, finance,
purchasing inventory, and manufacuting with tally9 erp. erp is combined with enchaced
mis, multi lingual data, synchronization and remote capabilities help you simplicity all of
your business process easly and cost effectively.
Founder of Tally
5. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 5
Feature of Tally
• No accounting code
• Complete business solution
• Easy to use
• Flexibility (time to time report montly,qtly, yearly)
• Multilanguage facilities
• Remote access
• Online help
• Support center (functional & technical support)
• Auditor edition (auditing features)
• Speed ( report with assist management)
• Power (multi company features)
Advantage of Tally
• Simple installation
• Unlimited multi user
• Internal backup & restore
• Data reliablity
• User defined security level
• Data security
• Tally audit
• Tally valt password
• Removal data into a seprate company
• Improt & export data
• Synchronization
• Protocal support
• Migration
Type of Organization
• Services Organization:- (Providing Services )
• Trading Organization (Buying & Selling)
• Manufaturing Organization (Raw Matrial into Finishing Good)
6. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 6
What is Tally?
Tally software is used for storing all the business transactions
of each account in detail.
Advantages of Tally
• To see profit or loss from the business.
• To know the different ways of getting profit.
• To sort out the problems which are responsible for the loss.
• To compare current year accounting with past year accounting statement.
• Various Government department can accurately calculate taxes on profit and
sales.
System of Book Keeping
Single-entry book keeping system:
• It is used in many small scale business and organization.
Double-entry book keeping system:
• It is used by medium and large size business. In double entry system, every transaction results
in two entries, that is, a debit from one account and a credit into another account.
7. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 7
Now, let us understand some Accounting terms used in Tally:
Accounting: It is an art of recording, classifying and summarizing in significant manner
and in terms of money, transactions and events which are of financial character and
interpreting the results thereof.
Business transaction: A business transaction is “The movement of money and money’s
worth form one person to another”. Or exchange of values between two parties is also
known as “Business Transaction”.
Purchase: A purchase means goods purchased by a businessman from suppliers.
Sales: Sales is goods sold by a businessman to his customers.
Assets: Assets are the things and properties possessed by a businessman not for resale
but for the use in the business.
Liabilities: All the amounts payable by a business concern to outsiders are called
liabilities.
Capital: Capital is the amount invested for starting a business by a person.
Debtors: Debtor is the person who owes amounts to the businessman.
Creditor: Creditor is the person to whom amounts are owed by the businessman.
Debit: The receiving aspect of a transaction is called debit or Dr.
Credit: The giving aspect of a transaction is called credit or Cr.
Drawings: Drawings are the amounts withdrawn (taken back) by the businessman from his
business for his personal, private and domestic purpose. Drawings may be made in the
form cash, goods and assets of the business.
Receipts: It is a document issued by the receiver of cash to the giver of cash
acknowledging the cash received voucher.
Account: Account is a summarized record of all the transactions relating to every person,
everything or property and every type of service.
8. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 8
Ledger: The book of final entry where accounts lie.
Journal entries: A daily record of transaction.
Trail Balance: It is a statement of all the ledger account balances prepared at the end of
particular period to verify the accuracy of the entries made in books of accounts.
Profit and loss account: It is prepared to ascertain actual profit or loss of the business.
Balance Sheet: To ascertain the financial position of the business. It is a statement of
assets and liabilities.
Current asset: It is converted into cash within a year. Ex. Bills receivable
Direct expenses: These are the expenses which are directly related to manufacturing of
goods. Ex. Wages, factory rent, heating, lighting etc.
Indirect expense: These are the expenses which are indirectly related to manufacturing of
goods. Ex. Salary, rent, stationery, advertisement, printing
Depreciation: Decrease the value of the asset.
Sundry debtors: The person who is the receiver or customer
Sundry creditors: The person who gives or supplier.
Type of Accounts
1. Personal account: Personal accounts are the accounts of persons,
firms, concerns and institutions which the businessmen deal.
2. Real Account: These are the accounts of things, materials, assets & properties.
It has physical existence which can be seen & touch. Ex. Cash, Sale, Purchase,
Furniture, Investment etc.
Principles: Debit what comes in Credit what goes out
3. Nominal account: Nominal account is the account of expenses and Losses and
income and gain. Ex. Salary, Rent, Wages, Stationery, commission, etc.
Principles: Debit all expense/losses
Credit all income/ gains
9. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 9
How to Create Company in Tally
• Double click on the Tally.exe located in your
desktop or search in Start menu.
• Select > Work in Education mode if you don’t
have tally licensed version.
• Press Alt+F3 to shut existing company.
• Click on Create Company or Press “C”
• Enter all necessary details to create company.
• Directory – Location where tally data will save
• Name – Company Name in tally you can put short name in that also.
• Mailing Name – Company Registered name and it will print in invoice also.
• Address – Full Address with pin code and state.
• Contact Details – Phone, Mobile, Email & Website.
• Financial year – always start from 1st
April of every year and books beginning from
date the day you start accounting in tally.
• Base Currency symbol ₹, Formal name INR, Suffix symbol to amount that means
• show symbol to next to amount. Add space, show amounts in millions?
• Number of Decimal Places .00 that means 2
• Word representing amount after decimal that means paise.
• No of Decimal Places .00 that means 2 digit.
• After Entering all details hit “ENTER” key accept it and save it.
10. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 10
Ledger and Under group
Ledger Under Group
Opening stock Stock in hand
Purchase Purchase account
Fright charges Direct expenses
Manufacturing wages Direct expenses
Oil and fuel Direct expenses
Sales Sales account
Salary Indirect expenses
Telephone, electric charges Indirect expenses
Rent paid Indirect expenses
Advertisement Indirect expenses
Bad debts Indirect expenses
Depreciation on assets Indirect expenses
Commission received Indirect income
Discount received Indirect income
Loan from others Loan Liabilities
Bills payable Current Liabilities
Capital Capital account
Fixed deposit at bank Deposit
Advertisement Indirect expenses
Bad debts Indirect expenses
Depreciation on assets Indirect expenses
Commission received Indirect income
Discount received Indirect income
Loan from others Loan Liabilities
Bills payable Current Liabilities
Capital Capital account
Fixed deposit at bank Deposit
11. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 11
Gateway of Tally & Menu Shortcuts
• Select Company: We can choose the company which is already created.
Shortcut key - F1.
• Shut Company: It is used to close the company which is opened. Shortcut key
-Alt+F1.
• Alter: It is used to make alterations (editing) in the company creation like
name, date, maintain etc.
• Quit: Exits from Tally.
Click on quit button.
Esc, Esc, Esc and enter.
CTRL+Q
• ALT+F3: Company information menu
• Esc : To remove what has been typed into a field. To exit a screen.
• ALT+D : To delete a voucher. To delete a master. F2 Date
• ALT+F2 : Change period
• ALT+F1 : To see detail
• F11 : Features company
• F12 : Configuration options are applicable to all the companies in a data directory.
• CTRL+N : Calculator screen.
12. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 12
Rajesh & Company LTD. Daman
1st
April 2012 to 31st
March 2013
• Raja took the loan by Karan in cash 1,00,000.
• He purchase Plant & machinery in cash 10,000.
• He purchase Furniture & fixtures in cash 10,000.
• He purchase goods from Roshni in cash 50,000.
• He did sale goods to Ramesh in cash 70,000.
• He did bank deposit in Cash 90,000.
• Telephone expenses = 3000 cash
• Electric expenses = 4000 cash
• Depreciation:
o Fixture & Furniture = 1000
o Plant & machinery = 1000
Sr.No Particulars Debit (Rs) Credit (Rs)
1 Cash A/c 1,00,000 -----------
To Capital A/c ----------- 1,00,000
2 Plant & Machinery A/c 10,000 -----------
To Cash A/c ----------- 10,000
3 Fixtures & Furniture A/c 10,000 -----------
To Cash A/c ----------- 10,000
4 Purchase A/c 50,000 -----------
To Cash A/c ----------- 50,000
5 Cash A/c 70,000 -----------
To Sales A/c ----------- 70,000
6 Bank A/c 90,000 -----------
To Cash A/c ----------- 90,000
7 Telephone Exp A/c 3,000 -----------
To Cash A/c ----------- 3,000
8 Electric Exp A/c 4,000 -----------
To Cash A/c ----------- 4,000
9 Depreciation A/c 2,000 -----------
Fixture & Furniture A/c ----------- 1,000
Plant & Machinery A/c ----------- 1,000
Total 2,39,000 2,39,000
13. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 13
Raj Pvt LTD. Daman
1st
April 2009 to 31st
March 2010
• Ram had cash in hand in cash 2,00,000.
• He purchased by Dilip Fixtures & Furniture in cash 20,000.
• He purchased Plant & machinery in cash 30,000.
• He purchased goods by Nitin in cash 80,000.
• He did sales goods to Harish in cash 90,000.
• Bank Deposit in cash 1,50,000.
• He sales goods to Karan in cash 40,000.
• Telephone expenses= 10,000 in cash.
• Electric Expenses= 20,000 in cash.
• Employee salary= 25,000 in cash.
• Depreciation
o Fixtures & Furniture = 10%.
o Plant & Machinery = 10%.
Sr.No Particulars Debit (Rs) Credit (Rs)
1 Cash A/c 2,00,000 -----------
To Capital A/c ----------- 2,00,000
2 Fixtures & Furniture A/c 20,000 -----------
To Cash A/c ----------- 20,000
3 Plant & Machinery A/c 30,000 -----------
To Cash A/c ----------- 30,000
4 Purchase A/c 80,000 -----------
To Cash A/c ----------- 80,000
5 Cash A/c 90,000 -----------
To Sales A/c ----------- 90,000
6 Bank A/c 1,50,000 -----------
To Cash A/c ----------- 1,50,000
7 Cash A/c 40,000 -----------
To Sales A/c ----------- 40,000
8 Telephone Exp A/c 10,000 -----------
To Cash A/c ----------- 10,000
9 Electric Exp A/c 20,000 -----------
To Cash A/c ----------- 20,000
10 Employee Salary A/c 25,000 -----------
To Cash A/c ----------- 25,000
11 Depreciation A/c 5,000 -----------
Fixture & Furniture A/c ----------- 2,000
Plant & Machinery A/c ----------- 3,000
Total 6,70,000 6,70,000
14. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 14
Sanjay Private LTD. Daman
1st
April 2019 to 31st
March 2020
• Kumar had cash in hand 2,00,000.
• He purchased Plant & machinery by Tushar in cash 20,000.
• He purchased Fixtures & Furniture by Nishant in cash 15,000.
• He purchase goods by Vinod in cash 15,000.
• Bank Deposit in cash 1,30,000.
• He did sales goods to Karan in cash 20,000.
• He purchase goods by Yash in credit 20,000.
• He sold goods to Jeevan in credit 30,000.
• Bank deposit in cash 25,000.
• Repairing expenses 1200 in cash.
• Cash withdrawal from bank 10,000.
• He receive cheque by Jeevan 30,000.
• Travelling expenses in cash 4000.
• Electric expenses in cash 12,000.
• Depreciation = 3500
o Fixtures & Furniture = 2000.
o Plant & Machinery = 1500.
Sr.No Particulars Debit (Rs) Credit (Rs)
1 Cash A/c 2,00,000 -----------
To Capital A/c ----------- 2,00,000
2 Plant & Machinery A/c 20,000 -----------
To Cash A/c ----------- 20,000
3 Furniture A/c 15,000 -----------
To Cash A/c ----------- 15,000
4 Purchase A/c 15,000 -----------
To Cash A/c ----------- 15,000
5 Bank A/c 1,30,000 -----------
To Cash A/c ----------- 1,30,000
6 Cash A/c 20,000 -----------
To Sales A/c ----------- 20,000
7 Purchase A/c 20,000 -----------
To Yash A/c ----------- 20,000
8 Jeevan A/c 30,000 -----------
To Sales A/c ----------- 30,000
9 Bank A/c 25,000 -----------
To Cash A/c ----------- 25,000
10 Repairing Exp A/c 1,200 -----------
To Cash A/c ----------- 1,200
15. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 15
11 Cash A/c 10,000 -----------
To Bank A/c ----------- 10,000
12 Bank A/c 30,000 -----------
To Jeevan A/c ----------- 30,000
13 Travelling Exp A/c 4,000 -----------
To Cash A/c ----------- 4,000
14 Electric Exp A/c 12,000 -----------
To Cash A/c ----------- 12,000
15 Depreciation A/c 3,500 -----------
Plant & Machinery A/c ----------- 2,000
Fixture & Furniture A/c ----------- 1,500
Mahindra Private LTD.
1st
April 2018 to 31st
March 2019
• Sagar took loan in cash 1,00,000.
• He purchased plant & machinery by Karan in cash 20,000.
• He purchase furniture by Pawan in cash 10,000.
• Bank deposit in cash 10,000.
• He purchase goods by Sawan in cash 50,000.
• He did sale goods to Dinesh in cash 50,000.
• He did sales goods to Sajan in cash 15,000.
• Bank deposit in cash 50,000.
• Kumar have salary balance 12,000.
• Telephone exp = 10,000.
• Electric exp = 15,000.
• Depreciation = 3000
o Fixtures & Furniture = 1000.
o Plant & Machinery = 2000.
16. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 16
Karan & Co. Private LTD.
1st
April 2019 to 31st
March 2020
• Karan has 2,30,000 in cash.
• He purchased furniture by Ram on credit 20,000.
• He deposit in bank 1,50,000 in cash.
• He purchased the goods by Vinod in cash 20,000.
• He sales goods to Ram in cash 50,000.
• He purchased plant & machinery in cash 15,000.
• He gave cheque to Ram 20,000
• He purchased goods by Ajay on credit 15,000.
• He sales goods to Raj on credit 20,000.
• He receive the cheque by Raj 20,000.
• He issue the cheque to Ajay 15,000.
• Telephone exp in cash 5000.
• Electric exp in cash 6000.
• Travelling exp in cash 10,000.
• Depreciation = 3500
o Fixtures & Furniture = 2000.
o Plant & Machinery = 1500.
17. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 17
Karan & Co. Private LTD.
1st
April 2011 to 31st
March 2012
• Date: 10/4/2011- Nagesh took loan by Patil in cash 1,00,000.
• Date: 19/4/2011- Purchase goods by Vikas in cash 30,000.
• Date: 7/5/2011- Bank deposit in cash 60,000.
• Date: 18/5/2011- He sale goods to Sonu in credit 4,000.
• Date: 18/5/2011- He sale goods to Raj in credit 5,000.
• Date: 18/5/2011- He sale goods to Jeevan in credit 5,000.
• Date: 18/5/2011- He sale goods to Savan in credit 4,000.
• Date: 2/7/2011- He sale goods to Arun in cash 11,000.
• Date: 30/7/2011- Purchase F & F by Pawan in credit 15,000.
• Date: 17/8/2011- Purchase P & M by Ashok in credit 20,000.
• Date: 5/9/2011- He receive cheque by Sonu 4,000.
• Date: 5/9/2011- He receive cheque by Raj 5,000.
• Date: 5/9/2011- He receive cheque by Jeevan 7,000.
• Date: 5/9/2011- He receive cheque b Savan 4,000.
• Date: 28/9/2011- Bank deposit in cash 11,000.
• Date: 20/10/2011- Sale to Poonam in cash 5000. (cont.on next slide)
• Date: 7/11/2011- Gave cheque to Pawan 15,000.
• Date: 29/11/2011- Gave cheque to Ashok 20,000.
• Date: 12/12/2011- Bank deposit in cash 10,000.
• Date: 5/1/2012- Gave cheque to Patil 50,000.
• Date: 19/1/2012- He purchase goods by Bushan in credit 40,000.
• Date: 8/2/2012- He sales goods to Vishal in cash 70,000.
• Date: 27/2/2012- Gave cheque to Bushan 40,000.
• Date: 3/3/2012- Bank deposit in cash 20,000.
• Date: 15/4/2011- Telephone deposit in cash 5000.
• Date: 15/4/2011- Electric deposit in cash 4000.
• Date: 12/3/2012- Travelling exp in cash 8000.
• Date: 14/3/2012- Telephone exp in cash 7000.
• Date: 17/3/2012- Electric exp in cash 12,000.
• Date: 21/3/2012- Nitin salary in cash 15,000.
• Date: 31/3/2012- Depreciation :
• F & F = 1500 (b) P & M = 2000.
18. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 18
Accounts with Inventory
Inventory (Stock)
Definition: Inventory or stock refers to the goods and materials that a business holds for
the ultimate purpose of resale.
A complete list of items such as property, goods in stock, or the contents of a building.
Enable Account with Inventory Option
• Open Tally.exe
• Select Company.
• Press F11 in Gateway of Tally.
• Select Inventory Features
• Integrate accounts and inventory : YES
Creating a Stock Group
• Open Tally.exe
• Gateway of Tally
• Inventory Info
• Stock Group
• Single Stock Group
• Create
• Name: For Example : Electronics
• Alias YES
• Under – Primary
• Should Quantities of item be added ? : No
19. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 19
Stock Category:
• It will show only if the “maintain stock categories” features is enable in F11. Step
for single stock category.
• Open Tally.exe
• Gateway of Tally
• Stock Category
• Single Stock Category
• Create
• Name: for an Example Air Condition, Washing Machine.
• Under: Primary
Stock Items:
Stock Item means goods that are manufactured in a factory
Goods that are trade in the market. Stock items means Stock ledger.
Creating Stock Item in Default Mode:
• Gateway of tally
• Inventory info.
• Stock Group
• Create
• Name- Raw Stock
• Alias-
• Under- Primary
• Stock Item
• Create
• Name- Washing Machine
• Alias-
• Under- Raw stock
• Units Not Applicable
Unit of Measure:
• Simple unit of measure: It is consists only one single unit is called “Simple
unit of measure”. {E.g.: meter, kilometre, centimetre, etc.}
• Compound unit of measure: Many units are usually a combination of two
or more units. {E.g.: 12 pieces = 1 dozen}
20. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 20
Creation for Single Unit of Measure:
• Gateway of Tally
• Inventory Info
• Unit of Measure
• Create
• Type : Simple
• Symbol: Pcs
• Formal Name : Pieces
Godown
It is a place to store goods.
• It is also called as “warehouse”, “self-rack”’ or any other storage areas.
Creation of Godown
• Gateway of Tally
• Press F11 > Accounting Feature
• Press F2 > Inventory Feature
• Maintain Multiple Godowns? : Yes
Creation of Godown
• Gateway of Tally
• Inventory info.
• Godown
• Create
• Name: Godown A
• Under : Primary
Stock Journal
• Its Record the transfer of material from one Godown to another or one place to
another.
• It does not affect the financial account. Stock Journal is a Journal in which all types of
Stock Adjustments are entered
Note: To get the Godown details enable the feature Maintain Multiple Godowns in F11:
Features: F2: Inventory Feature
21. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 21
Steps of Stock Journal
• Make a ledger (Purchase A/c, Sales A/c)
• Go to Purchase voucher entry(F9)
• Stock Journal (Alt+F7)
• Go to the Sales voucher entry(F8)
• Press “Enter key” and Accept.
Steps of Receipt Note & Delivery Note
• Receipt Note
• Purchase
• Stock Journal
• Delivery Notes
• Sales
Receipt Note
• By Using This Voucher You Can Record the Stock Received from the parties.
• E.g.: Stock Received From the party Against an order.
• The Short Cut key for Receipt Note is Alt+F9
Delivery Note
• By Using This Voucher You Can Record the Stock Delivered to the parties.
• E.g.: Stock delivered to the party Against an order.
• The Short Cut key for Delivery Note is Alt+F8
Rejection Out
• This voucher is used to record Goods returned back that were rejected by the company.
• E.g.: Company returns back those items which were rejected by a sales person.
• The short key for Rejection Out is Alt+F6
Rejection In
• This voucher is used to record Goods, received back from a customer after rejection.
• E.g.: The company takes back items rejected by a customer into the stock.
• The short key for Rejection In is Ctrl+F6
• Physical Stock Voucher
• Physical Stock Voucher is used for recording the actual stock which is verified or
counted. It could happen that the Book Stocks and the Physical Stock do not match.
It is not unusual that the company finds a discrepancy between actual stock and
computer stock figure. • To view the Physical Stock Voucher,
• Go to Gateway of Tally > Inventory Vouchers
• Select the button F10: Physical Stock from Button Bar or press Alt+F10.
22. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 22
Debit Note
• Debit Note Is a document issued to a party stating that you are debiting their
Account in your Books of Accounts for the stated reason or vise versa.
• To use it in Voucher mode you need to enable the feature in F11 : Accounting
Features Use Debit / Credit Notes.
• The short key for Debit Note is Ctrl+F9.
Credit Note
• Credit Note : Is a document issued to a party stating that you are crediting their
Account in your Books of Accounts for the stated reason or vise versa. The short key
for Credit Note is Ctrl+F8.
Steps of Debit / Credit Note:
• Press F11 Key
• Select on Inventory features
• Select your Company
• Use debit note/ Credit notes – Yes
• Use Invoice mode for credit notes - Yes
• Use invoice mode for debit notes – Yes
23. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 23
Step of Voucher
• Select > Account Info
• Voucher type
• Create > Voucher type creation menu
• Give name: Example: Petty cash payment
• Types of voucher : Payment
• Methods of Voucher numbering : Automatic
• Use advanced configuration: Yes
• Display voucher type creation (secondary)
• Starting No. 1
• Width of numerical part- 0
• Applicable form- 1 april,2006
• Starting no – 1
• Particulars- monthly
• Applicable form- 1 April-2006
• Particulars-Apr
• Applicable form- 1 april-2006
• Particulars- 2006-2007
24. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 24
Lesson 1 Order Processing – Purchase Orders
Purchase Order is a Document issued to a supplier to supply goods indicating
Details of the product type, size, quantity with delivery schedule and prize.
Objectives
• Creating Purchase order (po) with Delivery Schedule
• Printing of purchase Order
• Outstanding Purchase Order Report
• Pre-Closure of Order
1.1 Creating of Company
• From Company Info.> Create
Company
• Use the following details to create a
company
• keep all the other fields as it is and keep
on pressing ENTER.
• Press Y or Enter to accept the screen
and create the company.
25. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 25
1.2 F11: Features
From Gateway of tally > Click F11: Features > Accounting Features
Now Press F2: Inventory to show the Inventory Features . Now set as follows:
Press CTRL+A key combination to Save and Exit.
26. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 26
1.3 F12: Configuration
From Gateway of Tally > Click F12:Configuration >Invoice /Orders Entry
Press CTRL+A key combination to Save and Exit.
1.4 Creating Ledgers
We will now create the necessary ledgers.
Go to Gateway of Tally >Accounts Info > Ledgers >Create
Now create the ledgers as follows:
Name Under Inventory value
are affected
Address
Purchase a/c Purchase account Yes -
Parle Soft drinks Ltd. Sundry Creditors - -
Dukes India Ltd. Sundry Creditors - Airport road,
Andheri ( E ),
Mumbai
27. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 27
1.5 Creating Units
Go to Gateway of Tally > Inventory Info. > Units Of Measure > Create
Create the Units as follows:
Type Simple
Symbol Bot
Format Name Bottles
Number of Decimal Places 0
1.6 Creating Stock Item
Go to Gateway Of Tally > Inventory Info. > Stock Items > Create ( Under single stock
item )
Create Stock items as follows
Name Coke Name Thumps Up Name Mangola
Alias Alias Alias
Under Primary Under Primary Under Primary
Units Bot Units Bot Units Bot
1.7 Recording Transactions of Sample Data
1. Purchase Order given to Parle Soft Drinks Ltd. On 1-Apr-2011 of 100 Bottles Coke
@ ₹ 10 per bottles to be delivered on the same day.
Go to Gateway Of Tally > Order Voucher and enter the voucher as follows :
Purchase Order No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Order No. : PO-001
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Coke
On Pressing Enter a Sub- Form for Stock Item Allocations will Appear. Now Enter as follows
:
28. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 28
Item Allocations for : Coke
Quantity Rate Per Amount
Due on 1-Apr-2011
100 10 Bot 1000
Due on
100 Bots 1000
Keep On Pressing Enter the Purchase Order Voucher will Appear as Follows:
Purchase Order No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Order No. : PO-001
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Coke
Narration
100 Bots 10 Bot 1000
100 Bots 1000
Accept the Voucher.
2. Placed another purchase order on 1 -Apr-2011 of 200 Bottles of Thumps up @ ₹ 10
per Bottle to Parle Soft Drink Ltd .To be delivered on the same day Continue the F4:
Purchase Order Voucher and enter the voucher as follow:
Purchase Order No.2 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Order No. : PO-002
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Thumps Up
On Pressing Enter a Sub- Form for Stock Item Allocations will Appear. Now Enter as follows
:
Item Allocations for : Thums Up
Quantity Rate Per Amount
Due on 1-Apr-2011
200 Bots 10 Bot 2000
Due on
200 Bots 2000
29. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 29
Keep On Pressing Enter the Purchase Order Voucher will Appear as Follows:
Purchase Order No.2 1st
April 2011 Friday
Party’s A/c Name Dukes India Ltd. Order No. : PO-002
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Thumps Up
Narration
200Bots 10 Bot 2000
200 Bots 2000
Accept the Voucher.
3. Placed one more Purchase order on 1-Apr-2011 of 300 Bottles of Mangola @ ₹ 10
per bottle Dukes India Ltd 100 Bot to be delivered on the same day and remaining
200 bot after 1 Months. Continue the F4: Purchase Order Voucher and enter the
voucher as follow:
Purchase Order No.3 1st
April 2011 Friday
Party’s A/c Name Dukes India Ltd. Order No. : PO-003
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Mangola
On Pressing Enter a Sub- Form for Stock Item Allocations will Appear. Now Enter as follows
:
Item Allocations for : Thums Up
Quantity Rate Per Amount
Due on 1-Apr-2011
100 Bots 10 Bot 1000
Due on 1 Months
200 Bots 10 Bot 2000
Due on
300 Bot 3000
Keep On Pressing Enter the Purchase Order Voucher will Appear as Follows:
30. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 30
Purchase Order No.2 1st
April 2011 Friday
Party’s A/c Name Dukes India Ltd. Order No. : PO-003
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Mangola
Narration
300Bots 10 Bot 3000
300 Bots 3000
Accept the Voucher.
4. Received Purchase Invoice of 100 Bottle of Coke against Purchase Order No.PO-
001. Press F9:Purchase and enter as Follows:
Purchase No 1
Ref:
Party’s A/C Name : Parle Soft Drink Ltd.
Purchase Ledger :
On Pressing ENTER Supplementary Details Screen will be shown .
Enter as follows:
New Number : Will allow the input of a Purchase Order Number. On completing the
Purchase entry the reports will show that the goods have been received but the Order has
not been given.
Order Details
Order No.(s) : PO-001
List of Orders
End of List
New number
Not Applicable
PO-001 1 -Apr-2011
PO-002 1-Apr-2011
Not Applicable means
that this purchase is not
against a purchase order .
So there will be no effect
on the order summary
31. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 31
A purchase Order with the same Number will to be created in order to remove this effect.
On Selecting PO-001 and then End of List will bring in the Order details in the voucher as
follows:
Purchase Voucher No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Reff:
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Coke
On pressing ENTER Item Allocation Sub-form will be displayed. Accept the details as
shown:
Item Allocations for : Coke
Quantity Rate Per Amount
Order No PO-001 Due on 1-Apr-2011
100 Bots 10 Bot 1000
Order No End of List
100 Bot 1000
Keep On Pressing Enter the Purchase Voucher will Appear as below:
Purchase Voucher No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drink Ltd
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Coke
Narration
100Bots 10 Bot 1000
100 Bots 1000
Accept the Voucher.
5. Received Purchase Invoice of 220 Bottle of Thumps up against Purchase Order No
:PO-002. The supplier has send 20 Bottle more than ordered . Continue F9:Purchase
and enter as follows.
Purchase No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Reff:
Purchase Party
32. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 32
On Pressing ENTER Supplementary Details screen will be shown .Enter as follows :
On Selecting PO-002 and then End of List will bring in the Order details in the voucher as
follows :
Purchase No.2 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drinks Ltd. Reff:
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Thumps Up
On Pressing ENTER Item Allocation Sub-Form will be displayed. Accept the details as sown
:
Item Allocations for : Thumbs Up
Quantity Rate Per Amount
Order No PO-002 Due on 1-Apr-2011
220 Bots 10 Bot 22000
Order No End of List
220 Bot 2200
On Pressing ENTER the purchase Voucher appear as below :
Order Details
Order No.(s)
List of Orders
End of List
New number
Not Applicable
PO-002 1-Apr-2011
Order No: PO-001 does
not appear in the list since
it is clear.
33. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 33
Purchase Voucher No.1 1st
April 2011 Friday
Party’s A/c Name Parle Soft Drink Ltd
Purchase Ledger Purchase A/c
Name of Item Quantity Rate Per Amount
Coke
Narration
220Bots 10 Bot 2200
220 Bots 2200
Accept the Voucher.
8.1 Purchase Orders Report
Go to Gateway of Tally > Display > Statements of Inventory > Purchase Order
Outstanding > All Order and Press F7: All Order now Press F12: configuration as they
are.
Show Cleared Purchase Order ? Yes and keep all other configurations as they are.
8.2 Voucher
8.2 Printing the Purchase Orders
To Print the Purchase Order Go to Gateway of Tally > Display >Inventory Book >
Purchase Order Book. Now in the Order Book move to the third Entry i.e.PO-003 and
press ENTER to view the Purchase Order and click and click P : Print or Alt+P to print the
Purchase Order.
34. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 34
Lesson 2: Sales Order Processing [Sales Against Sales Order]
Meaning : Purchase Orders Received from Customers are Sales Orders.
The way Tally. ERP 9 handles Sales Order processing is similar to that of Purchase Orders.
In the following example we will use the Not Applicable and New Number methods
discussed in the previous lesson.
Objectives:
• Creating Sales Order (SO) with Delivery Schedule.
• Sales Entry with Sales Order as Not Applicable.
• Entering Sales first and then Entering Sales Order details.
2.1 Creation Of Company
• From Company Info. > Create Company
• Use the following details to create a company.
Keep all other fields as it is and keep on pressing Enter.
Press Y or Enter to accept the screen and create the company.
2.2 Features
From Gateway of Tally > Click F11: Features > Accounting
35. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 35
Now Press F2 : Inventory to show the Inventory Features. Now set as foolows.
Press Ctrl + A key combination to Save and Exit.
2.3 Configuration
From Gateway of Tally > Click F12 : Configuration > Invoice / Orders Entry
Press Ctrl + A key combination to Save and Exit.
2.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
36. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 36
2.5 Creating Units
Go to Gateway of Tally > Inventory Info. > Units of Measure > Create.
Create the Units as follows :
2.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
Name Under Inventory values are affected
Sales A/c Sales A/c Yes
Purchase A/c Purchase A/c Yes
Imandar Cold Drinks Sundry Creditors -
Desi Pakwan Restaurant Sundry Debtors -
37. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 37
2.7 Recording Transactions of Sample Data
1 . Purchase 200 Bottles of Frooti, 400 Bottles of Limca and 200 Bottle Maza @ ₹ 8.00 per
Bottles on 1-Apr-2011 from Imandar Cold Drinks.
Go to Gateway of Tally > Accounting Vouchers and Click F9 : Purchase and enter as
follows :
Accept the Vouchers .
2. Received Sales Order of 200 Bottle of Frooti on 1-Apr-2011 from Desi
Pakwan Restaurant with delivery schedule as 120 Bottle to be delivered on the same day
and balance 80 bottle to be delivered on 1 may 2011 @ ₹ 10 per Bottle .
Now press ALT +F5 for F5 : Sales Order and entry the voucher as follows:
38. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 38
3 . Sold of 120 Bottles of Frooti against Sales Order no :1 due to be delivered on 1 apr 2011
. Press F8 :Sales and enter as follows :
Accept the Voucher .
4 . Sold 100 Bottle of Maza @ ₹ 10.00 per Bottle . Order was received on the
Telephone .Press F8: Sales and enter as follows :
Accept the Voucher .
39. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 39
1. Sold 300 Bottle of Limca @ ₹ 10.00 per Bottle . The Dispatch of Goods was on
Urgent Basis , so the sales Voucher was made stating the Order Number . A
corresponding Purchase Order will be entered later on. Continue with F8: Sales
and ented as follows:
{New Number DPR-PO-045}
Accept the Voucher .
6 . Sales Order Outstanding Report
From Gateway of Tally > Display > Statements of Inventory > Sales Order
Outstandings > All Orders.
Now Click F7 : All Orders and press F12 : Configurations as they are.
Show Cleared Sales Orders ? Yes and keep all the others configurations as they are
40. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 40
Lesson 3: Goods Receipt Notes
Goods Receipt Note ( GRN ) is a document used to record the inward entry of any goods
received at the premises of the organization. On preparation of the GRN the stock of Items
specified in it increases. A GRN has no effect on the Suppliers Account.
In Tally. ERP 9 the Inventory feature Use Tracking Number is set to No then the F9 :
Purchase increase the stock of item at the same time will Debit the Purchase Account and
Credit the Suppliers ( Sundry Creditors ) Account.
F9 : ( Alt + F9 ) Receipt Note is made while the goods are received. The stock of the
item increases. A tracking Number is generated during this entry. A corresponding F9 :
Purchase entry will be done when the supplier gives us the bill
Objectives
• Creating Receipt Note for Goods Received.
• Purchase Entry against the GRN.
• Report on Purchase Bills to be Received.
3.1 Creation of Company
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
3.2 F11: Features
From Gateway of Tally > Click F11 : Features > Accounting Features
41. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 41
Now Press F2 : Inventory to show the Inventory Features. Now se as follows :
Press Ctrl+A key combination to Save to Exit .
3.3 F12:Configuration
From Gateway of Tally > Click F12:Configuration >Invoice /Order Entry
Press Ctrl+A key combination to Save to Exit .
3.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
42. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 42
3.5 Creating Units Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
3.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
3.7 Recording Transactions of Sample Data
1. Received 1,000 kgs of Potato from Nilesh Trading Corporation. The Delivery Note
( Challan Number ) of the consignment was NTC-CH-009.
Go to Gateway of Tally > Inventory Vouchers
Press Alt + F9 key combination or click F9 : Receipt Note and enter the voucher as follows
Accept Enter.
Name Under Inventory values are affected
Purchase A/c Purchase A/c Yes
Nilesh Trading
Corporation
Sundry Creditors -
Dandi Salty Traders Sundry Creditors -
Pick Pack Packing Ltd. Sundry Creditors
Alam Ara Corporation Sundry Creditors
43. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 43
2. Received 100 kgs of Salt from Dandi Salty Traders. The Delivery Note (challan Number)
of the consignment was DST-CH-002.
Continue with the F9 : Receipt Note and enter the voucher as follows :
Accept the Voucher.
3. Received Invoice from Nilesh Trading Corporation of ₹ 10,000 against Delivery Note (
Challan Number )
NTC-CH-009 of 1,000 kg of Potato @ ₹ 10 per kg.
Now press F9 : Purchase and enter the voucher as follows :
Keep on Pressing ENTER and Accept the Voucher.
4. Received Invoice dated 2-Apr-2011 from Pack Packing Ltd. Of ₹ 10,000 for 100 kgs of
Pack @ ₹ 100 Per Kg.
Press F9 : Purchase now Press F2 : Date and Change the Date to 2-Apr-2011.
Note : A Receipt Note with Tracking Number PPP-DN-002 will have to be entered against
this Purchase Voucher.
There will be no effect on the stock due to this voucher i.e. the stock of Plastic Bag
will remain same because a Receipt Note for the same has not been received.
44. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 44
5. Cash Purchase worth ₹ 800 from Alam Ara Corporation, 100 kgs of Alum @ ₹ 8.00 Per
kg.
Continue with the F9 : Purchase and enter as follows :
Go to Gateway of Tally >Display >Statements of Inventory >Purchase bills pending .
Now Press F12: Configuration and Set Show Cleared Purchase Bills? Yes
45. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 45
Lesson 4: Delivery Note / Delivery Challan
Delivery Note is a document accompanying Shipment of goods to the Customer . A copy of
delivery note is signed by the customer and returned back as a confirmation of delivery .On
preparation Delivery note the stock of item specified decreases but has no effect on
Customer Account. In Tally .ERP 9 the inventory features Use Tracking Number is set to No
then the F8:Sales will the stock of item at the same time will Credit the Sales account and
Debit the customer (Sundry Debtors) Account.
F8 : ALT+F8 Delivery Note is made while the good are issued.
Objectives
• Creating Delivery Note.
• Sales Entry against the Delivery Note .
• Report on Sales Bills to be Given.
4.1 Creating of Company
From Company Info.> Create Company
Use the following details to create a company
Keep all other fields as it is and keep on pressing Enter.
Press Y or Enter to accept the screen and create the company.
4.2 F11: Features
From Gateway of Tally > Click F11 : Features > Accounting Features
46. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 46
Now Press F2 : Inventory to show the Inventory Features. Now see as follows :
Press Ctrl+A key combination to Save to Exit .
4.3 F12:Configuration
From Gateway of Tally > Click F12:Configuration >Invoice /Order Entry
Press Ctrl+A key combination to Save to Exit
4.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
47. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 47
Name Under Inventory Value
are affected
Address
Purchase A/c Purchase A/c Yes
Tech Took
Hardware
Sundry Creditors -
Sales A/c Sales A/c Yes
Team Work
Computer
Sundry Debtors - Shop No:2. Topaz
Building ,Pedder
Road ,Mumbai .
4.5 Creating Units
Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
4.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
4.7 Recording Transactions of Sample Data
1. Purchase 20 Numbers of Seagate Hard Disk 120 GB/SATA @₹3,600 each worth
₹72,000 Numbers of LG17”LCD@₹6,300 on Credit from Tech Took Hardware . Go to
Gateway of Tally > Accounting Vouchers Press F9: Purchase and Enter the Voucher
using the Not Applicable method discussed in previous lesson.
The complete voucher should appear as follow :
48. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 48
Accept the Voucher .
2. Delivered 1(one) LG17”LCD to Team Work Computer @7200 on Credit. Go to Gateway
of Tally >Inventory Vouchers and Click Alt +F8 Delivery Note and enter as follow:
Accept the Voucher .
3. Delivered 1 (one) LG17”LCD to Team Work Computer @7200 and 5 Numbers of
Seagate Hard Disk 120 GB/SATA @ ₹ 4500 each on 2-apr 2020 .Press F2:Data and
Change the Date to 2-Apr 2020 and continue with the F8: Delivered note and follows:
Accept the Voucher .
4. Generated Sales Invoice on the name of team work Computers for goods delivered
against our Delivery Note Numbers 1&2 on 2 Apr 2020
49. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 49
From Gateway of Tally >Accounting Vouchers select F8: Sales and Enter as follow:
4.8. Report on Good Delivered but Bills not Made:
From Gateway of Tally > Display >Statement of Inventory > Sale Bills Pending .
Press F12 Show Cleared Sales Bill to yes
Show Bills Made but Goods not delivered to yes
50. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 50
Lesson 5: Purchase Return – Debit Note
In the Lesson on Interest Calculations we have learned the use of Debit Note . In this lesson
we will see how the Debit Note is used to record Purchase Return.
Objectives
• Creating Debit Note for Purchase Return.
• Printing Debit Note
5.1 Creation of Company
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
5.2 F11: Features
From Gateway of Tally > Click F11 : Features > Accounting Features
5.3 F12:Configuration
From Gateway of Tally > Click F12:Configuration >Invoice /Order Entry
Press Ctrl+A key combination to Save to Exit .
51. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 51
5.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Inventory Values are
affected
Purchase A/c Purchase A/c Yes
Purchase Return A/c Purchase A/c Yes
A to Z Books Sundry Creditors -
5.5 Creating Units
Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
5.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
52. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 52
5.7 Recording Transactions of Sample Data
1.Purchase 100 Nos of Simple Excel Book @ ₹ 100 per Book from A to Z Books on credit .
Go to Gateway of Tally > Accounting Vouchers .Press F9:Purchase and Enter as follow:
Accept the Voucher .
2. A Debit Note Worth ₹ 1000 towards the returned 10 Nos of Simple Excel Books because
Quality to A to A book 2 Apr 2020
Press the combination CTRL +F9 or click the F9: Debit note Button . Now F2:Date the Date
to 2 Apr 2020 and Enter as shown
Accept the Voucher
5.8 Go to Gateway of Tally >Display > Account Books > Ledger Select A to Z Books
53. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 53
Lesson 6: Sales Return – Credit Note
In the Lesson on Interest Calculations we have learned the use of Credit Note . In this
lesson we will see how the Credit Note is used to record Sales Return.
Objectives
• Creating Credit Note for Purchase Return
We will be using the company Bookman Book Mart Created the Previous Lesson .
6.1 Selecting the Company
Company Info > Select the company select Bookman Book Mart
6.2 F11: Features
From Gateway of Tally > Click F11 : Features > Accounting Features
Press Ctrl+A key combination to Save to Exit .
6.3 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Inventory are value
affected
Sales A/c Sales A/C Yes
Sales A/c Sales A/C yes
ABCD Book Stall Sundry Debtors -
54. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 54
6.4Recording Transactions of Sample Data
1. Sold 6 Nos of Simple Excel Book @ ₹ 200 per Book to ABCD Book Stall on 2- Apr -2020
Go to Gateway of Tally > Accounting Vouchers
Press F8:Sales and Enter the voucher as follows:
2. Rejected 1 simple Excel Book @ ₹ 200 Per book from ABCD Book Stall 2 Apr 2020.
Press the combination CTRL +F8 or click the F8: Credit note
GO to Gateway of Tally > Display > Account Book > Ledger Select ABCD Book Stall
55. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 55
Lesson 7: Rejection Outward Note (Debit Note Against
Rejections Outward)
I the lesson Debit Note for Purchase Return we saw that a Debit Note without
Inventory Tracking has effect on Accounts as well as on Inventory. In a scenario where the
Goods Rejections is done from the Stores Department and the Debit Note is to be prepared
by the Accounts Department.
A Rejection Outward will decrease the stock of Goods. A Debit Note will be prepared
against the Rejection Outward for the Accounting Effect.
Objectives :
• Creating Rejection Outward Note.
• Debit Note Against the Rejection Outward.
7.1 Creation of company
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
7.2 Features
From Gateway of Tally > Click F11 : Features > Accounting Features
Now Press F2: Inventory to show the Inventory Features. Now set as follows:
56. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 56
Press Ctrl+A key combination to Save and Exit.
7.3 Configuration
From Gateway of Tally > Click F12: Configuration > Invoice / Orders Entry
7.4 Creating Ledgers
We will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Inventory Values are Affected
Tough & Strong Ltd. Sundry Creditors -
Purchase Purchase Account Yes
57. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 57
7.5 Creating Units
Go to Gateway of Tally >Inventory Info > Unit Of Measure > Create
Create the unit as follows:
7.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
7.7 Recording Transactions of Sample Data
1. Received 800 Meters @ ₹ 100 per Meter of Leather from Tough & Strong Ltd.
Go to Gateway of Tally > Inventory Vouchers
Press Alt+F9 or Click on F9: Receipt Note and enter the Voucher as follows:
58. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 58
2. 200 Meter of Leather was found Defective and was returned back to the supplier. Since
the purchase Invoice from the Supplier was not received so the received so rejection will be
done against the Goods Receipt Note.
Now Press ALT +F6 For Rejection Note and Enter as follows:
3. Received Invoice from Tough & Strong Ltd. For 600 Meters of Leather @ ₹ 100 per
meter. Since the Rejection Out was at the of Receiving the Goods. The Supplier has given
the Bill for 600 Meters only.
Accept the purchase Vouchers.
4. 100 M of leather was found defective during production the same was rejected and
returned back to Tough & Strong Ltd. On 2-Apr-2011.
Press Alt+F6 for Rejection Out. Now Press F2: Date and Change the Date to 2-Apr-2011.
Enter the Rejection Out as follows :
59. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 59
5. Debit Note was Raised on the name of Tough & Strong Ltd. For Debiting their account
towards the rejection of 100 M of leather.
From Gateway of Tally > Accounting Vouchers Click F9 : Debit note or Press CTRL+F9 for
Debit Note . If the Debit Note is in a Voucher Format and does not appear as shown below
Press CTRL+V key combination to make is as Invoice
Gateway of tally >Display>Account Book >Ledger
60. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 60
Lesson 8: Rejection Inward Note (Credit Note Against Rejection
Inward)
Like Rejection out , Goods Rejected by our Customers need to be tracked. In this lesson we
will be creating a Credit Note against a Sales Return.
Objectives
• Creating Rejection Inward Note
• Credit Note Against the Rejection Inward.
8.1 Creation of company
From Company Info. > Create Company
Use the following details to create a company
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
8.2 Features
From Gateway of Tally > Click F11 : Features > Accounting Features
Now press F2:Inventory to Show the Inventory Features . Now set as follows:
61. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 61
8.3 Configuration
From Gateway of Tally > Click F12: Configuration > Invoice / Orders Entry
8.4 Creating Ledgers
We will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Inventory Values are
affected
Batata India Ltd. Sundry Creditors
Purchase A/c Purchase A/c Yes
Shine Foot Wear Sundry Debtor
Sales A/c Sales A/c Yes
8.5 Creating Units
Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
62. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 62
8.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
8.7 Recording Transactions of Sample Data
1. Purchase 100 Northern Star – Sports Shoe @ ₹ 800 per Number from Batata India Ltd.
Go to Gateway of Tally > Accounting Vouchers
Press F9: Purchase and enter the Voucher as follows :
Accept the Purchase Voucher.
2. Delivered 12 Northern Star – Sports Shoe (slight defect) @ ₹ 100 per number to Shine
Foot Wear.
Press Alt + F8 to enter the Delivery Note as follows:
63. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 63
3. Shine Foot Wear Rejected 2 Northan Star Sports Shoe @ ₹ 100 per number as
defective on the same day Press CTRL +F6 to enter Rejection in as follows:
Accept the Voucher
4. Prepared Invoice for sale of 10 (12 Delivered 2 Rejected) Northan Star Sports Shoe @ ₹
100 Per number to Shine Foot Wear. Press F8: Sales and enter as follows :
Accept the Voucher
5.Rejection of 1 Northan Star -Sports Shoe @ ₹ 100 per Number from Shine Foot Wear on
2-Apr-2020and enter the Rejection in as follows:
64. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 64
6. Received Debit Note from Shine Foot Wear against Goods Rejected worth ₹100 . A
Debit Note Received form our Customer must be enter as a Credit Note in our books. Press
CTRL+F8 to enter Credit Note and enter as follow
Gateway of Tally >Display >Account Book >Ledger >Shine Footwear
65. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 65
Lesson: 9 Multiple Godowns / Stock Location
In an Organization with more than Godown / Stock Location. Goods are stored at
different locations. Stock may be transferred from one location to another.
Objectives :
• Enabling Multiple Godowns
• Using Stock Journal for Stock Transfer between Godowns.
• Creating and using Automated Voucher type for Inter – Godown Transfer.
• Viewing Godown wise Stock.
9.1 Creating of Company
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
9.2 Features
From Gateway of Tally > Click : F11: Features > Accounting Features
66. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 66
Now Press F2 : Inventory to show the Inventory Features. Now set as follows:
Press Ctrl + A to accept the screen.
9.3 Configuration
From Gateway of Tally > Click F12: Configuration > Accts / Inventory
Press Ctrl + A to accept the screen.
From Gateway of Tally > Click F12 : Configuration > Invoice / Order Entry
67. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 67
9.4 Creating Ledgers
Create the necessary ledgers form Gateway of Tally > Accounts Info. > Ledgers >
Create as follows :
Name Under Inventory Value are affected
KJ Paper Ltd . Sundry Creditor
Mahavir Stationery Sundry Debtors
Purchase A/c Purchase A/c Yes
Sales A/c Sales A/C Yes
9.5 Creating Units
Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
9.6 Creating Stock Item
Go to Gateway of Tally > Inventory Info. > Stock Items > Create ( under single stock
item )
Create Stock Item as Follows :
9.7 Creating Godowns
Go to Gateway of Tally > Inventory Info >Godown >Create (Under Single Godown)
Create Stock Categories as Follows:
68. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 68
9.8 Recording Transaction
1. Purchase Goods worth ₹33,00,000 from KJ paper Ltd.
Go to Gateway of Tally >Accounting Vouchers >F9:Purchase and Enter the vouchers
as follow
Accept the Vouchers
2. Transferred 100 Boxes of 100 Gsm A4 Size paper and 300 Boxes of 75 Gsm A4 Size
Paper from Matunga to Shivaji Park .as follow:
Accept the Vouchers
Creating Voucher Class for Inter – Godown Transfer
From Gateway of Tally >Inventory Info > Voucher Types > Create
69. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 69
In the Sub Form :
Class : IGT
Use Class for Inter -Godown Transfers ? YES
Press enter and them accept the voucher type.
3. Transferred 100 Boxes of 75 Gsm A4 Size Paper and 30 Boxes of 100 Gsm A4 Size
Paper From Matunga to Shivaji Park on2 Apr 2011.
From Gateway of Tally > Inventory Vouchers. Press Alt + F7 or click F7 : Stock Journal.
Now select the Voucher Type and Class as follows :
Save the Voucher.
4. Sold 10 Boxes of 75 Gsm A4 Size Paper @ ₹ 600 per Box and 30 Boxes of 100 Gsm A4
Size Paper @ ₹ 700 per Box to Mahavir Stationery on Credit. The goods were dispatched
from Shivaji Park Godown.
Press for F8: Sales and enter as follows:
9.9 Godown wise Summary
Gateway of Tally >Display >Statement of Inventory > Godowns Select Primary
Click F1:Detailed Button or press ALT +F1 For details Now Press F12:Configuration and
set Expand all Levels in Detailed Format ? Yes
70. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 70
Lesson 10. Cost Centers
A Cost Center may be defined as a unit to which transaction can be tagged. A cost Center
may be called a reason for transaction. When Income are to a unit it may also be called
Profit Centers.
Objectives
• Creating of Cost Centre
• Using Pre-defined Cost Centre
• Viewing Cost Center wise Reports.
The following we will see how a Building Construction Company can track expenses
occurring at different Construction Sites.
10.1 Creating of Company
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
10.2 Features
From Gateway of Tally > Click F11 : Features > Accounting Features
71. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 71
10.3 Configuration
From Gateway of Tally > Click F12: Configuration > Voucher Entry
10.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Cost Centres are applicable
Wages Indirect Expenses Yes
Construction Material Expenses Indirect Expenses Yes
KJ Cement Traders Sundry Creditor No
10.5 Creating Cost Centres
From Gateway of Tally > Account Info >Cost Centres > Create
Create Cost Centres as follows:
10.6 Recording Transaction of Sample Data
1.Purchased cement from KJ Cement Traders worth ₹ 10,000.00 to be used on 3
construction sites that is Colony ,Factory & Highway in the ratio 6:3:1
72. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 72
Go To Gateway of Tally >Accounting Vouchers > F9 :Purchase and entry the voucher as
follows:
Cost Center Class
Since majority of the expenses are allocated to the cost centers according to a fixed ratio
we will create cost center classes. To Create Center Class.
Go to Gateway of Tally press F11: Features. Select Accounting Features
Now Enter Cost Center wise breakup as follows:
Press Enter since we do not want to create another class.
Accept the sub form and then press Ctrl + A to Accept the Features.
2. Paid wages of ₹ 1,000 by cash in the ratio 6:3:1.
From Gateway of Tally > Accounting Vouchers and press F5:Payment and enter as
follows:
10.7 Reports
73. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 73
10.7.1 For a summarized Report on Cost Centers
From Gateway of Tally > Display > Statements of Accounts > Cost Centers > Category
Summary.
10.7.2 For Cost Centre Wise Breakup
From Gateway of Tally > Display > Statements of Accounts > Cost Centres > Cost
Centre Breakup and Select Colony. Now press F12: Configuration and set as follows:
74. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 74
Lesson : 11 Cost Center Group & Categories
By using Cost Categories you may allocate, in parallel, a transaction to more than one set of
Cost Centres.
Objectives:
• Creating of Cost Categories
• Allocating Cost Centre to Cost Categories.
• Viewing Cost Category wise Reports.
11.1 Company Creation
From Company Info. > Create Company
Use the followings details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
11.2 F11: Features
From Gateway of Tally > Click F11 : Features > Accounting Features
Keep on Pressing ENTER Or Press Ctrl + A to accept the screen.
75. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 75
11.3 F12 : Configuration
Form Gateway of Tally > Click F12 Configuration >Voucher Entry
Keep on Pressing ENTER Or Press Ctrl + A to accept the screen.
11.4 Creating Ledgers
We Will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Cost Centres are applicable
Lalwadi Ice Creams Sundry Creditor No
Great Good Grub Sundry Debtors No
Munchy Ice Creams Sundry Debtors No
Parle Ice Parlor Sundry Debtors No
Puneri Chatak Matak Sundry Debtors No
Purchase A/c Purchase A/c No
Sales A/c Sales A/c Yes
11.5 Creating Cost Categories
From Gateway of Tally >Account Info >Cost Categories >Create
Create Cost Categories as follows:
76. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 76
11.6 Creating Cost Centres
From Gateway of Tally > Account Info > Cost Centres > Create
Create Cost Centres as follows:
11.7 Recording Transaction of Sample Data
1. Purchase Ice Cream from Lalwadi Ice Creams ₹ 30,000.
Go to Gateway of Tally > Accounting Vouchers > F9: Purchase and enter the Voucher
as follows:
Accept the Voucher.
2. Sold Goods for cash worth ₹ 1,000 by Dolly Vile-Parle Sales Center, ₹ 4,000 by Omkar
from Vile-Parle Sales Centers and ₹ 3,500 by Swapnil from Andheri Sales Center.
Press F8: Sales and enter the Voucher as Follows:
Accept the Voucher.
77. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 77
3. Sold Goods to Parle Ice Parlor worth ₹ 9,100 by Swapnil from Vile-Parle Sales Center.
Continue the F8: Sales Voucher and enter the next Voucher as follows:
Accept the Voucher.
4. Sold Goods to Great Good Grub worth ₹ 8,000 by Dolly from Andheri sales centre.
Continue entering F8: Sales and complete the voucher as shown below:
Accepy the Voucher.
5.Sold Goods to Munchy Ice Cream Bar worth ₹ 6,800 by Omkar from Andheri Sales
Center . Continue entering F8:Sales and Complete the voucher as shown below:
Accept the Voucher
78. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 78
6.Sold Goods to Puneri Chatak worth ₹8,100 by Tanvi from Puna Sales Centre.
Continue entering F8:Sales and complete the Voucher as shown below
Gateway of tally> Display>Statement of account >Cost centres >Category Summary
pess F12: Configuration and set Expand all the levels in detalied formet ? yes
79. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 79
Lesson 12: Job Costing
As the word suggests it is the Cost Involved in Performing a job ( Job a work /
task / Project ). In Lesson 12, Cost Centers were used to track the cost of project. It must be
noted that the cost of materials used/ balance was not tracked. Using Job Costing the
expenses/ income ( accounts ) and the details of materials transferred and consumed (
inventory ) may be tracked.
In Tally. ERP 9 this can be achieved by using the following features:
1. Cost Centers For Tracking of Costs.
2. Inter Godown transfer.
3. BOM For the fixed formula to make the blocks.
4. Job Costing A link associate Cost Centers with Godown.
12.1 Company Creation
From Company Info. > Create Company
Use the following details to create a company.
Keep all other fields as it is and keep on pressing ENTER.
Press Y or Enter to accept the screen and create the company.
12.2 Features
From Gateway of Tally > Click F11 : Features > Accounting Features
80. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 80
Press F2:Inventory and Enable as follows:
12.3 Configure
Go to Gateway of Tally > F12:Configure >Voucher Entry
12.4 Creating Ledgers
We will now create the necessary ledgers. Go to Gateway of Tally > Accounts Info. >
Ledgers > Create.
Now create the ledgers as follows :
Name Under Inventory Value
are affected
Cost Centres are
applicable
Wages Indirect Expenses - Yes
Construction Material
Purchase
Purchase A/C Yes No
Onsite Purchase Purchase A/C Yes Yes
KJ Cement Traders Sundry Creditors No No
Champ Manpower
Consultants
Sundry Creditors No No
HDFC Bank OD A/C Bank OD A/C No No
81. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 81
12.5 Creating Cost Centres
Form Gateway of Tally >Accounting Info >Cost Centres > Create
Create the Unit as Follows:
12.6 Creating Godowns
Go to Gateway of Tally >Inventory Info >Godown > Create
Create the Unit as Follows:
12.7 Creating Units
Go to Gateway of Tally >Inventory Info .>Unit Of Measure > Create
Create the unit as follows:
12.8 Creating Stock Items
Go to Gateway of Tally > Inventory Info. > Stock Items (Under Single Stock Items).
Create Stock Itmes as Follows:
Now create the Finished Product as follows:
82. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 82
Press F12: Configuration and se Allow Component List details ( Bill of Materials)? Yes
Keep Enter in Order to Save the Stock Items.
12.9 Creating Voucher Class for Inter- Godown Transfer
From Gateway of Tally > Inventory Info. > Voucher Types > Create
In the Sub Form :
Class : MT
Use Class For Inter Godown Transfers ? Yes
Press ENTER and then Accept the Voucher Type.
12.10 Creating Manufacturing Voucher Type
Go to Gateway of Tally >Inventory Info > Vouchers Types >Create
Now Press CTRL+ A to Save the Voucher types
83. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 83
12.11 Creating Vouchers Class For Onsite Consumption
From Gateway of Tally >Inventory Info> Voucher Types > Create
In the Sub Form
Class :CS
Use Class For Job Costing Consumption ? Yes
Enter and then accept the voucher type
12.12 Recording Transaction of Sample Data
1. Purchase Building Material from KJ Cement Traders worth ₹ 1,47,000.00
Go to Gateway of Tally > Accounting Voucher >F9 Purchase and enter the voucher as
follow:
Accept the vouchers
84. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 84
2. Purchase 1 Tanker of Water For the Nihar Jail Project by Cheque.
Continue with the F9: Purchase entry. As discussed earlier the invoice mode does not
support the entry of cost center.
Click V: As Voucher or Press Ctrl+V to switch to Voucher Format. And enter as follows:
Complete the Purchase Voucher.
3. Received Bill from Champ Manpower Consultants for the supply of Daily wages Workers.
Press F7: Journal and enter as follows:
Accept the Voucher.
4. Transferred 50 Bags of Cement from Shiv Shruti Godown to Jail Godown.
From Gateway of Tally > Inventory Vouchers.
Click F7: Stock Journal and select name : Stock Journal and enter as follows:
Accept the Voucher.
85. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 85
5. Transferred From main Location to Jail Godown.
Press F7: Stock Journal and Select Name: Material Transfer and select Class: MT and
enter as follows:
Accept the Voucher.
6.Made 1,875 Concrete Blocks in Jail- Godown.
Click F7: Stock Journal and Select Name: Block Making and enter as follows:
Accept the Voucher.
86. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 86
7. Consumed Material on the Site.
Click F7: Stock Journal and Select Name: Consumption on Site and enter as follows:
Accept the Voucher.
12.13. Job Work Analysis
Gateway of Tally > Display > Statements of Accounts > Job Work Analysis and select
Jail Project.
Click F1: Detailed button or Press Alt+F1 for details
87. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 87
Lesson 13 Payroll
Payroll refers to the amount paid to employees for services they provided during a
certain period of time. It is the sum of all financial records of salaries for an employee,
wages, bonuses & deductions.
Objectives:
• Enabling Payroll
• Creating Masters
• Recording Attendance and Overtime
• Payroll Vouchers
• Reports
13.1 Company Creation
Go to Gateway of Tally > Company Info. > Create Company
Use the following details to create a company.
Press Y or Enter to accept the screen and create the company.
Enabling Payroll in Tally. ERP 9
13.2 Features
From Gateway of Tally > Click F11 : Features > Accounting Features
88. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 88
Now Click F3: Statutory and enter as follows.
In the Sub Form Enter as follows:
Accept the screen and then accept the Company features by pressing Ctrl+A.
Payroll Masters
13.3 Creating Ledgers
Go to Gateway of Tally > Accounts Info. > Ledgers and create ledgers as Follows:
Name Under
HDFC Bank A/c Bank Accounts
89. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 89
13.4 Creating Employee Groups
Go to Gateway of Tally > Payroll Info. > Employee Group > Create and enter as follows:
Name Under
Staff Primary
Workers Primary
13.5 Creating Employees
Go to Gateway of Tally > Payroll Info. > Employees > Create and enter as follows:
Accept the employee as follows:
Create another employee as follows:
Accept the employee as follows:
90. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 90
Create another employee as follows:
Accept the employee as follows:
Create another employee as follows:
Accept the employee as follows:
91. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 91
13.6 Creating Units for Work
Go to Gateway of Tally > Payroll Info > Units (work) >Create and Create as Follows:
Create unit to record overtime in minutes .
13.7 Creating Attendance Details .
Go to Gateway of Tally > Payroll Info > Attendance /Production Types > Create
Now enter as follows :
13.8 Creating Pay Heads.
Go to Gateway of Tally >Payroll Info > Pay Heads >Create and enter as shown below
92. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 92
Accept the Pay Head and Create the Pay Head as follows:
Accept and Create the next pay head as follows:
93. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 93
Accept the pay head .
Now create the next pay head as follows:
Accept the pay head .
Accept and create the two pay heads as shown below:
94. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 94
Accept the pay Head.
Create the next pay head as follow :
95. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 95
Accept and create the next pay head as follows:
Accept the pay and center the next pay head as shown below:
97. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 97
Complete the next pay head as shown below :
Accept the pay Head.
Now create the Pay heads according to the table given below:
Name Pay Head Type Under
Salary Payable Not Applicable Current Liabilities
PF Payable Not Applicable Current Liabilities
98. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 98
13.9 Creating Salary Details.
Go to Gateway of Tally > Payroll Info. > Salary Details > Create and Select Workers and
enter as follows:
Accept the Salary Details.
Now from Gateway of Tally > Payroll Info. > Salary Details > Alter and Select Amit
Pradhan.
Accept the Salary Details.
99. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 99
Now Select Kiran Vaidya.
Press F12: Configuration and set Allow Copy Employee to Yes.
Enter Effective from: 1-4-2020 and Select Copy From Employee and Select Amit
Pradhan.
Now Change the rate as shown on the next page.
Accept the Salary Details.
Now Select Arvind Gupta
Enter Effective from 1-Apr-2012 and Select Copy from Parent Value Now change as
shown below :
Accept the Salary Details.
Select Manoj Singh .
Enter Effective from 1-apr -2012 and Select Start Afresh and enter as follows:
Accept the Salary Details .
100. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 100
13.10 Record the Days Present on 30th
April 2012.
From Gateway of Tally > Payroll Vouchers >clicks F5 : Attendance or Press CTRL+ F5.
click on A: Attendance Auto Fill or Press ALT + A.
Now enter the details as follows :
Now Complete the Voucher as shown below :
Accept the Voucher.
13.11 Record the Overtime on 30th
April 2012.
Continue with the attendance Voucher and Cilck on A : Attd Auto Fill or Press ALT+A.
Now enter the details as follows:
Now Complete the Voucher as shown below :
Accept the Voucher .
101. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 101
Payroll Vouchers
13.12 Record the Payroll for staff on 30th
April 2012.
Click F4 : Payroll or CTRL+F4 Click on A: Payroll Auto Fill or Press ALT+A .
Now enter the detalis as follows:
Payroll Auto Fill
Process for
From ( blank for beginning
To ( blank for end )
Employee/ Group
Payroll Ledger
Salary
1-4-2012
30-4-2012
Staff
Salary Payable
Accept the Voucher.
13.13 Record the Payroll for Workers and paid it in Cash on 30th
April 2012.
Now Continue the Payroll Vouchers and click on A: Payroll Fill or press ALT+A
Payroll Auto Fill
Process for
From ( blank for beginning
To ( blank for end )
Employee/ Group
Payroll Ledger
Salary
1-4-2012
30-4-2012
Workers
Cash
102. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 102
The Voucher gets auto filled as shown:
13.14 Record the incentive given to Workers and paid it in Cash on 30th
April 2012. Now
Continue the Payroll Voucher and click on A : Payroll Auto Fill or Press ALT+A .
Now enter the details as follow:
Payroll Auto Fill
Process for
From ( blank for beginning
To ( blank for end )
Employee/ Group
Payroll Ledger
Salary
1-4-2012
30-4-2012
Workers
Cash
The Voucher gets auto filled as shown:
Accept the voucher.
103. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 103
13.16 Disbursement of salary to staff through direct transfer from HDFC Bank
account to employee’s bank account.
Press F5: Payment
Click on A: Payroll Auto Fill or Press Alt+A.
Now enter the details as follows:
The Voucher gets auto filled as shown:
Accept the voucher.
Statutory Payment
13.17 Creating Liability for PF Payable by Debiting Employee’s Contribution of ERP &
EPS on 30 th
April 2012.
Press Ctrl+F4 for Payroll Voucher and Click on A: Payroll Auto Fill or Press Alt+A.
Now enter the details as follows.
Accept the voucher.
104. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 104
13.18 Payment of PF Payment for the period 1- Apr-2012 to 30- Apr-2012 on
2- May-2012.
Press F5: Payment click on A: Payroll Auto Fill or Press ALT+A.
Now enter the details as follow
Payroll Auto Fill
Process for
From ( blank for beginning
To ( blank for end )
Employee/ Group
Bank /Cash Ledgers
Payroll Ledger
Salary
1-4-2012
30-4-2012
All Item
HDFC Bank A/c
PF Payable
The Voucher gets auto filled as shown
Enter the payment Details as shown:
Accept the voucher.
13.19 Payment of Professional Tax for the period 1-apr-2012 to 30-apr-2012 on 2-may-
2012.
Press F5: Payment Click on A: Payroll Auto Fill or Press Alt+A.
Now enter the details as follows:
105. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 105
Enter the payment Details as shown:
Accept the voucher.
106. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 106
Payroll Reports
13.1 Pay slip
From Gateway of Tally > Display > Payroll Reports > Statements of Payroll > Pay Slip
> Single Pay Slip.
Select Amit Pradhan
Now press F2: Period and in the Form enter 1-4-2012 and in To enter 30-4-12.
The salary slip can be printed.
To print Salary Slips for all the employees Go to Gateway of Tally > Multi Account
Printing > Multi Payslip Printing.
13.2 Pay Sheet
From Gateway of Tally > Display > Payroll Reports > Statements of Payroll > Pay
Sheet.
Select All Items
Now Press F2: Period and in the Form enter 1-4-12 to 30-4-12
107. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 107
To print Pay Sheet for Signature & Stamp. Press Alt+P to Print and press Back space once
on the keyboard and set Increase Line Height for Signature / Stamps to Yes.
13.3 Payment Advice
From Gateway of Tally > Display > Payroll Reports > Statements of Payroll > Payment
Advice.
Accept the print configuration so as to print the report.
13.4 Payroll Statutory Computation
From Gateway of Tally > Display > Payroll Reports > Statutory Reports > Summary.
Now press F2: Period and in the From enter 1-4-2012 and to 30-4-12
108. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 108
13.5 Provident Fund Monthly Statements
From Gateway of Tally > Display > Payroll Reports > Provident Fund > Monthly Statement.
Now Press Backspace and in the From enter 1-4-2012 and in To enter 30-4-12.
Employee Group select All Items and in Sorting Method select Employee Name.
109. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 109
GST Goods and Services Tax
The goods and services tax (GST) is a value-added tax levied on most goods and services
sold for domestic consumption. The GST is paid by consumers, but it is remitted to the
government by the businesses selling the goods and services.
GST is a single tax on the supply of goods and services, right from the manufacturer to the
consumer. Credits of input taxes paid at each stage of value addition, which markets GST
essentially a tax only on value addition at each stage. The final consumer will thus bear only
the GST charged by the last dealer in the supply chain, with set-off benefits at all the
previous stages.
GST is 15 Digit Combination of Alphabetical & Numerical value.
26BMBKP5428K1Z3 <- GST NUMBER
3 Digit GST Number Generate from GST Website
10 Digit PAN (Permanent Account Number )
1st
2 Digit is GST State Code
GST in Tally ERP 9
GST can be implement Tally. ERP 9 using any one or all the following methods:
• Defining at Company level.
• Defining at Item Group Level
• Defining at Stock Item Level
• Defining at Ledger Level
• Creating CGT Classifications
We will be learning the first three methods.
110. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 110
Lesson 1: Defining GST at Company Level
In this lesson, we will learn how GST transactions pertaining to Sales and purchase can be
maintained in Tally. ERP for an organization which has a single GST percentage.
Objectives
• Enabling GST in Tally. ERP 9
• Defining GST Details in F11: Company Features
• Recording Transactions
• Printing Invoice
1.1: COMPANY CREATION
Create a new company as per the details shown below:
Keep all other field as they are and keep on Pressing Enter
Press Y or Enter to accept the screen and create the company .
1.2: Company Feathers
From Gateway of Tally click F11:Features and select Statutory & Taxation.
Enable GST as shown below :
Now in the sub from as shown :
111. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 111
Sub form for Tax Rate details appears.
Press F12: Configure and set Allow HSN/SAC details to yes.
Press CTRL+A to accept the
configuration.
Now in the sub form enter GST details as
shown below:
Accept the Tax Rate Details.
Now Press CTRL+A to accept the GST
Details.
Press CTRL+A to accept the Features for
Statutory &Taxation .
1.3 Configuration
From Gateway of Tally Click F12 Configure and select Invoice /Order Entry and set as
shown :
Press CTRL+A to Accept .
1.4 Creating Ledger
From Gateway of Tally Select Account info >Ledger >Create
1.4.1 Suppliers Ledger
Creating the Ledger as shown.
Now in the GST Details enter as shown :
112. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 112
Now Press CTRL+A to accept the GST Details
Press CTRL+A to Accept and Create the Ledger.
1.4.2 Customers Ledger
Now in the GST Details enter as shown :
Now Press CTRL+A to accept the GST Details
Press CTRL+A to Accept and Create the Ledger.
1.4.3 Purchase Ledger
113. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 113
Press CTRL+A to Accept and Create the Ledger.
1.4.4 Sales Ledger
Press CTRL+A to Accept and Create the Ledger.
1.4.5 Ledger to record Input Central Tax
Press CTRL+A to Accept and Create the Ledger.
1.4.6 Ledger to Record Input State Tax
114. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 114
Press CTRL+A to Accept and Create the Ledger.
1.4.7 Ledger to record Output Central Tax
Press CTRL+A to Accept and Create the Ledger.
1.4.8 Ledger to record Output State Tax
Press CTRL+A to Accept and Create the Ledger.
1.5 : Creating Units of Measurement.
From Gateway of Tally select Inventory Info.>Unit of Measure >Create
Create a Simple unit as shown below:
Press CTRL+A to Accept
1.6 Creating Stock Item
From Gateway of Tally select Inventory Info.>Stock Items > Create
115. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 115
Create Stock Item as Shown:
Press CTRL +A Accept
Create another Stock Item as Shown below:
Press CTRL +A Accept
1.7 : Recording Vouchers
1.7.1 Local Purchase
1. Purchase ceiling fans from Saraswathi Electricals on 1-July-2017 on credit.
To enter the voucher go to Gateway of Tally and select Accounting Vouchers.
Click F2: Date and change the date 1-jul-2017
Click on F9: Purchase and enter the voucher as shown.
116. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 116
Click A: Tax Analysis and click F1: Detailed to view the relevant tax calculations.
Press Ctrl+A to accept and create the stock Items.
1.7.2 Sales Voucher
Sold ceiling Fans from Saraswati Electricals on 1-jul-2017 on credit.
Click F2: Date and change the date to 1-jul-2017
Click on F8: Purchase and enter the voucher as shown:
Click A: Tax Analysis and click F1: Detailed to view the relevant tax calculations.
Press Ctrl+ A to accept the voucher.
1.8 Printing Invoice
Press Page up key in the keyboard to view the sales voucher.
Click P: Print to print. Now click 1 : With Preview and press Enter to view Tax Invoice.
117. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 117
Lesson 2 : Defining GST at Stock Group Level
GST rates can be defined while creating Stock Groups. This is useful when an
organization trades in stock of more than one tax percentage.
Objectives
• Defining GST Details at Stock Groups
• Recording Transactions
2.1 Select Company
Select the Company Trik Corporation created in the previous lesson.
2.2 Creating Stock Groups
From Gateway of Tally select Inventory Info. > Stock Groups > Create
Create stock group as shown:
Now in the GST Details enter as shown:
Accept the Tax Rate Details
Now Press Ctrl+A to accept and Create the Stock Group.
Create another Stock Items as shown below:
118. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 118
Now Press Ctrl+A to accept and Create the Stock Items.
Now Create Stock Item under the group Water Taps & Cocks as shown below:
Now Press Ctrl+A to accept and Create the Stock Items.
Create another stock group as shown:
Now in the GST details enter as shown
119. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 119
Accept the Tax Rate Details
Now Press CTRL+A to accept and Create the Stock Group.
2.3 Creating Stock Item
From Gateway of tally select Inventory info>Stock Items >Create
Create Stock Items as shown below:
Press CTRL+A to accept
120. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 120
2.4 Creating Ledger
Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2.4.1 Purchase Ledger
Creating the Ledger to record Purchase done under 5% as shown:
Press CTRL+A to accept and create the ledger
Create the Ledger to record Purchase done Under 12% as shown
Press CTRL+A to accept and create the ledger
2.4.2 Sales Ledger
Creating the Ledger to record Sales done under 5% as shown:
121. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 121
Press CTRL+A to accept and create the ledger
Create the Ledger to record Sales done Under 12% as shown:
Press CTRL+A to accept and create the ledger.
2.5 Recording Vouchers
2.5.1 Purchase Vouchers
Purchased Bath Shower Stop Cocks, LED Lights and Ceiling Fan from Saraswati Electricals
on 1-jul-2017 on Credit.
To enter the Voucher go to Gateway of Tally and select Accounting Vouchers.
Click F2: Date and Change the date 1-jul-2017
Click on F9: Purchase.
We have created separate Purchase ledgers to record different tax percentage, so we will
have to allocate Purchase ledger to every stock items.
122. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 122
Click A: Tax Analysis and click F1: Detailed to view the relevant tax calculations.
This screen will be as shown:
123. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 123
Lesson 3: Defining GST at Stock Item Level
GST rates can be defined while creating Stock Groups. This is useful when an
organization trades in stock of more than one tax percentage.
Objectives
• Defining GST Details at Stock Item Level
• Recording Inter – State Purchase
• Report – GSTR-1 & GSTR 2
3.1 Select Company
Select the company Trik Corporation
3.2 Creating Ledger
From Gateway of Tally select Account Info.> Ledgers > Create.
1. Purchase Ledger
Create the ledger to record Purchase done under 28% as shown:
2. Creating Ledger for Inter-State Suppler
Create the ledgers as shown:
124. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 124
Now in the GST Details enter as shown:
Press Ctrl+A to accept and create the ledger.
3. Ledger to record Input Integrated Tax
Create the ledgers as shown:
Press Ctrl+A to accept and create the ledger.
3.3 Creating Stock Item
From Gateway of Tally select Inventory Info> Stock Items > Create
Create Stock Items as shown below:
Now in the GST Details enter as shown:
125. TALLY GST WWW.CYBROGEEK.COM CYBROGEEK IT. ACADEMY
Page- 125
Press Ctrl+A to accept and create stock items.
Now Press CTRL+A to accept and create the stock Items.
3.4 Inter -State Purchase Voucher
1 Purchase Pocket Shaver from Havells Indian (Rajasthan)on 1-Jul-2012 on
Credit.
To enter the voucher go to Gateway of Tally and select Accounting Vouchers.
click F2:Date and change the date to 1-jul-2017
click on F9 :Purchase and enter as shown
On pressing enter do the accounting allocation for the stock item as shown
Accept the voucher
3.5 GST Report
Gateway of tally>Display >Statutory Report >GST>GSTR-1
Accept the voucher