This document provides explanations and examples of various voucher types available in Tally including:
- Payment, Receipt, Contra, Sales, Purchase, and Journal vouchers which are used to record financial transactions and adjustments between ledger accounts.
- Memo vouchers which do not affect accounts but can store entries temporarily and later be converted to regular vouchers.
- Examples of how each voucher type is used including entries to specific ledger accounts to debit and credit transactions.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
The cash book is the most important subsidiary book in any business concern. Learn about how to maintain entries in cash book while executing tally erp9 software.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
The cash book is the most important subsidiary book in any business concern. Learn about how to maintain entries in cash book while executing tally erp9 software.
The world’s first concurrent multi-lingual business Accounting & Inventory Management Software is now available in your local language ARABIC. Tally.ERP 9 is the No. 1 Business Management, Accounting and Inventory Management Software for the last 25 years and present in the Kingdom of Saudi Arabia for the last 15 years. Awards & Recognition
1. Winner of PC Quest Users' Choice Award 12 times in a row.
2. Winner of Windows Editor's Choice Award for The Best Accounting & Inventory Management Software for Small and Medium Business Enterprises in the Middle East.
3. Tally was one of the first few software products to be accredited by the Institute of Chartered Accountants of England & Wales.
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42 Accounts Payable Interview Questions and AnswersRahat Kazmi
The Most Common 42 Accounts Payable Interview Questions: Please review these with Answers. If it helped you in anyway, please Like our pages and recommend us to your Network.
Final account statements from tally.erp 9 | Tally TDL | Fixed Asset Managemen...stannventures.Pvt.Ltd
For more information about this PDF file. Please click here http://www.tallyspot.com
Ideal spot for a obtain Tally 9 ERP and download free Tally.ERP 9 versions. Up-grade Tally
Accounting Software & .NET Subscription, Advanced Web Interface Accounting Software for Asia & Most
ERP Software Products. Import data from tally & Data Connectivity to Tally.ERP 9 Import.
Some use the Tally accounting software for improved productivity and some others incorporate the tool for its ability to facilitate better and quicker decision making. Whomever and whatever it is, it is important to know the tool to use it.
Cheque Management Software does not only print cheque but also maintains the complete life cycle of a cheque. It also gives various reports whose print out can be taken for further references
Find out the difference between invoice and credit memoInvoicera Tondon
Some daily business terms and type of transactions include common terminologies that might get a little confusing and bounce over your head. Here you can know the difference between Invoice and a Credit Memo.
The world’s first concurrent multi-lingual business Accounting & Inventory Management Software is now available in your local language ARABIC. Tally.ERP 9 is the No. 1 Business Management, Accounting and Inventory Management Software for the last 25 years and present in the Kingdom of Saudi Arabia for the last 15 years. Awards & Recognition
1. Winner of PC Quest Users' Choice Award 12 times in a row.
2. Winner of Windows Editor's Choice Award for The Best Accounting & Inventory Management Software for Small and Medium Business Enterprises in the Middle East.
3. Tally was one of the first few software products to be accredited by the Institute of Chartered Accountants of England & Wales.
http://www.actanimation.com
"ACT Academy provides training in web designing , Graphic Designing, CAD Designing, .NET, JAVA, PHP. We also have advance diploma courses in Web Designing, CAD Designing, Financial Accounting & Graphic Designing with 100% job assurance."
42 Accounts Payable Interview Questions and AnswersRahat Kazmi
The Most Common 42 Accounts Payable Interview Questions: Please review these with Answers. If it helped you in anyway, please Like our pages and recommend us to your Network.
Final account statements from tally.erp 9 | Tally TDL | Fixed Asset Managemen...stannventures.Pvt.Ltd
For more information about this PDF file. Please click here http://www.tallyspot.com
Ideal spot for a obtain Tally 9 ERP and download free Tally.ERP 9 versions. Up-grade Tally
Accounting Software & .NET Subscription, Advanced Web Interface Accounting Software for Asia & Most
ERP Software Products. Import data from tally & Data Connectivity to Tally.ERP 9 Import.
Some use the Tally accounting software for improved productivity and some others incorporate the tool for its ability to facilitate better and quicker decision making. Whomever and whatever it is, it is important to know the tool to use it.
Cheque Management Software does not only print cheque but also maintains the complete life cycle of a cheque. It also gives various reports whose print out can be taken for further references
Find out the difference between invoice and credit memoInvoicera Tondon
Some daily business terms and type of transactions include common terminologies that might get a little confusing and bounce over your head. Here you can know the difference between Invoice and a Credit Memo.
In any business, rounding of invoice amount is a necessary feature. By default, Odoo ERP doesn't support this feature. But the 'Round off Invoice Amount' app from Cybrosys allows you to round off the invoice amount to the nearest whole amount by excluding the decimal parts. This application also supports you to create separate journal entries for the rounded amounts, which can assure the amount is balanced.
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.
Acc 2010 Enthusiastic Study / snaptutorial.comGeorgeDixon37
ACC 2010 Week 2 Assignment 2
Multiple Choice Questions:
In Chapter 2, backups are made to the following location:
The place specified for the USB drive.
C:\SageSoftware\Peachtree\Company\[filename].
X:\Exercise 1A.
D:\Chapter1_Exercise1-1.
ACC 2010 Week 2 Assignment 2
Multiple Choice Questions:
In Chapter 2, backups are made to the following location:
The place specified for the USB drive.
C:\SageSoftware\Peachtree\Company\[filename].
X:\Exercise 1A.
D:\Chapter1_Exercise1-1.
None of the above.
For more classes visit
www.snaptutorial.com
ACC 2010 Week 2 Assignment 2
Multiple Choice Questions:
In Chapter 2, backups are made to the following location:
Maintain Bill-wise Details
Create and maintain cost Centers
Create and maintain Multiple Currencies
Configure and compute Interest Calculations
Create and maintain Budgets and Scenarios
Generate and print various reports
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Here is My final year project Black Book copy for all Final year TY's student. just for a hint how the black book should make. hope this will help you guys for the final year project ;)
(There are many mistakes in this document (uploaded old document), correct them as in your project if referencing this document, can't change document and reupload. mistakes eg, flows in diagram, unwanted content description and many more. i just want to give some ideas that what all content should be there in your Black Book(correct content)).
Tip: try to understant code and do your best and present well even if project is incomplete or not working(just explain functionality and some code(orally i.e don't show code if not asked :) )).
Thank you.
Here just you can see how to make simple PPT of our TY projects . There you can include more slides which will look very well, this ppt only those person where they getting confuse how to make a software or any web applications ppt.... i hope you understand
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
1. Q1. Opening two or more companies with different names
a. First Company
b. Second Company
c. Third Company
2. Q2. The role of Buttons
Q3. Meaningful information into all the options available under heading ‘Company Info’
1. Select Company in the different companies.
2. Create Company 3. Backup
3. 4. Restore 5. Quit
Q4. The Ledgers, which has been manually created in Block 2 of MCS-035 exercise
For the Problem of Illustration 2 & Revised Illustration 2
Bad Debts Bank Commission
Bill Payable Bills Receivable
18. Check Your Progress 5 Question 7
Bill Payable Carriage on Sales
Carriage on Purchases Cash in Bank
Depreciation on Fixtures and Fittings Depreciation on Plant Machinery
23. Travelling Expense Wages
Q5. What is a Ledger in Tally?
A Ledger is the actual account head to which you identify a transaction. You pass all accounting voucher entries using ledgers. However, as
mentioned in the introduction to Groups, all ledgers have to be classified into groups. Hence, a thorough understanding of account classification is
important for working with ledgers. We have reproduced certain portions from the group’s chapter here.
Q6. Create a Sample Ledger in Tally
24. Q7. Open a ledger named purchase and then delete it.
Created the purchase account
Deleting the purchase account
25. Q8. Change the name of ledger from purchase to sales.
Purchase Account
Altering to Sales Account
26. Q9. Voucher entry of the question, which have been manually created by us in Block-2 of Mcs-035 exercise.
The Problem of Illustration 2 & Revised Illustration 2
Drawings Buildings
Creditors Debtors
Purchases Purchases Returns
37. Loan for Ashok Discount
Outstanding Rent Insurance Premium
38. Interest on Investment Write of Further Bad Debts
Provision for Doubtful Debts Provision for Discount on Debtors
Discount on Creditors Depreciation on Fixed Assets
39. Check Your Progress 5 Question 7
Plant & Machinery Fixture and Fittings
Factory Fuel & Power Office Salaries
Lighting Travelling Expenses
40. Carriage on Sales Cash in Bank
Sundry Debtors Purchases
Purchases Return Wages
43. Bills Payable Depreciation on Plant and Machinery
Depreciation on Fixture and Fittings Insurance Unexpired
Outstanding Wages Outstanding Salaries
44. Q10. What do you understand by Voucher?
This is a non-accounting voucher and the entries made using it will not affect your accounts. That is, Tally does not post these entries to ledgers but stores
them in a separate "Memo Register". You can alter and convert a Memo voucher into a regular voucher when you decide to bring the entry into your
books. View all optional vouchers through Display —>Exception Reports —> Optional Vouchers. View them from the Day Book as well.
Some uses for Memo vouchers
Making suspense payments
For example, the company gives an employee cash to buy office supplies, the exact nature and cost of which are unknown. You could enter a voucher for
the petty cash advance, a voucher to record the actual expenditure details when they are known, and another voucher to record the return of surplus cash.
However, a simpler way is to enter a Memo voucher when the cash is advanced, and then turn it into a Payment voucher for the actual amount spent, when
known.
Vouchers not verified at the time of entry
It sometimes happens that you do not understand the details of a voucher you are entering. Enter it as a Memo voucher and amend it when you get the
details.
Items given on approval
You will normally only enter completed sales into the books. Suppose items are given "on approval". You can track them with a Memo voucher and
convert it into a proper Sales voucher, or delete the memo voucher, depending on the outcome.
Reminder service
You can enter a Memo voucher for a transaction that will take place in the future and get Tally to remind you about it one day prior to the date. For
example, insurance premiums due, taxes due, installment payments, post-dated cheques.
Q11. Show the use of all the Voucher types available with Tally
Tally is pre-programmed with a variety of accounting vouchers, each designed to perform a different job. The standard vouchers are:
-Payment voucher
-Receipt voucher
-Contra voucher
-Sales voucher
Sales Orders
Sales vouchers/invoices
Delivery Notes
Rejection In
-Purchase voucher
Purchase Orders
Purchase vouchers
Goods Receipt Notes
Rejection Out
-Journal voucher
Credit Notes
Debit Notes
Journal
-Memo voucher
Reversing Journal
-Stock Journal
-Physical Stock
You can alter these vouchers to suit your company, and also create new ones. For example, if you wish to distinguish between cash and bank payments
you can create vouchers to do this.
The function of each voucher type is now explained.
Payment Voucher
Payment Voucher
Description Record all Bank & Cash Payments
Voucher Entry Account Amount Amount
Ledger Account Paid e.g., Sundry Creditor, or
expense head like Electricity charges. Debit
Bank or Cash Account Credit
45. Receipts Voucher
Receipts Voucher
Description Record all receipts into Bank & Cash accounts
Voucher Entry Account Amount Amount
Bank or Cash account e.g., Grindlays Bank (Bank
Account) Debit
Income ledger account e.g., Bank Interest (Indirect
Incomes) or the giver of money e.g., A debtor
(Sundry Debtors)
Credit
46. Contra Voucher
Contra Voucher
Description Records funds transfer between cash and bank accounts
Voucher Entry Account Amount Amount
Cash (Cash-in-hand)
Debit
Grindlays Bank (Bank Account) Credit
Sales Voucher
Sales Voucher
Description Records all sales
Voucher Entry Account Amount Amount
Buyer’s ledger account, e.g., King & Co (Sundry
Debtors) Debit
Sales Account e.g., software sales
VAT output/sales tax
Credit
Credit
47. Purchase Voucher
Purchase Voucher
Description Records all Purchase
Voucher Entry Account Amount Amount
Purchases (Purchase Accounts)
Input VAT/Tax
Debit
Debit
Supplier’s ledger account, e.g., U S Computers
(Sundry Creditors)
Credit
Journal Voucher
Journal Voucher
Description Records adjustments between ledger accounts
Voucher Entry Account Amount Amount
Advertising (Indirect Expenses)
Debit
Office Costs (Indirect Expenses)
Credit
48. Memo Voucher
This is a non-accounting voucher and the entries made using it will not affect your accounts. That is, Tally does not post these entries to ledgers
but stores them in a separate "Memo Register". You can alter and convert a Memo voucher into a regular voucher when you decide to bring the entry into
your books. View all optional vouchers through Display —>Exception Reports —> Optional Vouchers. View them from the Day Book as well.
Some uses for Memo vouchers
Making suspense payments
For example, the company gives an employee cash to buy office supplies, the exact nature and cost of which are unknown. You could enter a
voucher for the petty cash advance, a voucher to record the actual expenditure details when they are known, and another voucher to record the return of
surplus cash. However, a simpler way is to enter a Memo voucher when the cash is advanced, and then turn it into a Payment voucher for the actual
amount spent, when known.
Vouchers not verified at the time of entry
It sometimes happens that you do not understand the details of a voucher you are entering. Enter it as a Memo voucher and amend it when you
get the details.
Items given on approval
You will normally only enter completed sales into the books. Suppose items are given "on approval". You can track them with a Memo voucher
and convert it into a proper Sales voucher, or delete the memo voucher, depending on the outcome.
Reminder service
You can enter a Memo voucher for a transaction that will take place in the future and get Tally to remind you about it one day prior to the date.
For example, insurance premiums due, taxes due, installment payments, post-dated cheques.
Memo Voucher
Memo Voucher
Description Records the voucher entries in a memo register, without affecting the ledger accounts
& financial statements.
Voucher Entry Account Amount Amount
Ledger Account
Debit
Ledger Account
Credit
49. Optional Voucher
This is another non-accounting voucher. However, it differs from the Memo voucher in that it is not a separate voucher type. You mark an
existing voucher, (e.g., a payment voucher or a receipt voucher) as 'Optional'. Press [CTRL]+[L] or click on the button. This button toggles with 'Regular'.
By marking it 'Optional' the voucher does not get posted anywhere but remains in the have the Optional Register. You can view all optional vouchers
through Display —>Exception Reports —> Optional Vouchers. View them from the Day Book as well.
Use of Optional Vouchers
Obviously, a transaction has not been completed and you do not want it to affect the accounts. But you want to record it so that you simply
modify the voucher and remove the 'Optional' mark by 'Regularizing' it. Display the voucher in 'Alter' form and click on 'Regular'. This way you can
regularize the voucher and then post it. E.g. Performance sales invoice. In fact, print an optional sales invoice as a Performance Invoice.
You can choose to view a Balance Sheet including Optional vouchers. Normally, since these vouchers have no bearing on the books and
statements. However, you might want to see their impact without actually posting the transactions. Optional vouchers allow you to do so. This not unlike
the reversing journal.
Reversing Journals
Reversing Journals are special journals that are automatically reversed after the date of the journal. They exist only for a day and are effective on
the date of the reversing journal. Moreover, they are effective only when called for in reports like the Balance Sheet.
For example, it is 30th June and you want to view the Balance Sheet as of today but June salaries are not due for payment until the first week in July.
There is, therefore, a large liability, which would not be reflected in the Balance Sheet. To overcome this, you would enter a reversing journal voucher
dated 30th June, which would look something like this:
DrSalaries 5,000
CrProvisions (Current Liabilities) 5,000
When you view the Balance Sheet, you would ask Tally for the report with the reversing journals included. The voucher affects the report only
for that day, i.e., 30th
June.
Post-dated vouchers
While entering vouchers, you can post-date them, and Tally will not update the ledgers until the date in question. This is most useful for entering
transactions that take place on a regular basis. For example, if you pay for something by installments, you can set-up the payments in advance, and Tally
will only enter them in the ledgers as they fall due. Mark vouchers 'Post Dated' by [CTRL]+[D] or click on the button. The button toggles with 'Regular'.
50. Stock Journal
A stock journal is used to transfer materials or stock from one location to another location. Stocks could even simply be shown as consumed. Or
even only produced without both consumption and production. Hence, it is not like other journal where debits and credits must match.
You can specify quantities that are move as well as their rates and amounts. If standard rates have been entered in the stock item masters, they
will appear. In the target location, you can specify additional costs incurred without actually affecting accounting at all. Only the stock value goes up.
Hence, it is technically correct where an expense incurred on production or inward has been accounting for in the cost of that item.
The Stock Journal Screen has three parts – the top part accepts general information, the left hand side is the Source location or Consumption Part
and the right hand side is the Destination location or the Production Part. While you must furnish the common information required in the top part, you
may elect to give information for only the left or the right part or both.
Physical Stock
51. Q12. Change the date of voucher entered.
Q13. Change the period of Voucher entered.
52. Q14. Generate Balance Sheet, which has been manually created in Block 2 of MCS-035 exercise
The Problem of Illustration 2 & Revised Illustration 2
Balance Sheet
Check Your Progress 2 Question 4
Balance sheet
53. Check Your Progress 5 Question 6
Balance sheet
Check Your Progress 5 Question 7
Balance sheet