Tally – freelearningcenter | Online courses https://freelearningcenter.com online video tutorials in MS.Excel, peachtree, Tally, Quickbooks, Advance excel, MS.office, Wordpress Thu, 10 Jan 2019 04:58:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 Petty Cash Petty Expenses in Tally software https://freelearningcenter.com/petty-cash-petty-expenses-tally-accounting/ https://freelearningcenter.com/petty-cash-petty-expenses-tally-accounting/#respond Thu, 18 Aug 2016 14:10:19 +0000 http://freelearningcenter.com/?p=165 Petty cash petty Expenses is very important Part of Financial Accounting. all those expense which are paying on cash base is called petty expenses, petty means small.For Petty Cash and Petty Expenses Click on “Accounting Info”, “ledger” In the Accounts Name Write  Cash A/c like “Cash On Hand” In Under  Option select  “Current Asset”. At …

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Petty cash petty Expenses is very important Part of Financial Accounting. all those expense which are paying on cash base is called petty expenses, petty means small.For Petty Cash and Petty Expenses Click on “Accounting Info”, “ledger” In the Accounts Name Write  Cash A/c like “Cash On Hand” In Under  Option select  “Current Asset”. At the end also Put Beginning Balances. like Rupees 25000.

petty cash petty expenses in tally

Now we are going to create  Petty expenses. for this purpose 1st we will create expenses in Groups petty cash Petty expenses  watch the video, go to “Accounts Info” then click on  “Groups” Give Name as Petty expense in the Under Option Write Indirect expense. Now we will create different petty expenses  from the Ledger. like entertainment expense, fuel expense, stationary expense rent expense. for all the these petty expense In under option select Petty expenses. As all the expenses has been created, then go to the accounting voucher. click on Ledger and select journal from the sidebar write all the expenses as Debit and petty cash as credit.All the expenses for the specific period  are included in Profit and loss A/c or Income statement.which is deducted from the gross profit. from income statement also  Payroll expenses income tax,

 

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Manufacturing Company Process In Tally Accounting https://freelearningcenter.com/manufacturing-company-tally-accounting/ https://freelearningcenter.com/manufacturing-company-tally-accounting/#respond Wed, 17 Aug 2016 23:10:23 +0000 http://freelearningcenter.com/?p=162 Accounts of  Manufacturing company in Tally Accounting software: For Manufacturing company 1st we will create new company . Go to  company Info and click on create new company.write your company Name put the “statuary appliance” as none. Write inventory with Accounts in maintain .never change Financial Year in Trial version. Base current Rs, Formal name Pakistani …

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Accounts of  Manufacturing company in Tally Accounting software:

For Manufacturing company 1st we will create new company .

Go to  company Info and click on create new company.write your company Name put the “statuary appliance” as none.

Write inventory with Accounts in maintain .never change Financial Year in Trial version. Base current Rs, Formal name Pakistani rupees.

symble for  decimal places as Paisa . then enter again and again to save the company. after this click on ESC button.

Manufacturing process of accounting in Tally

In Manufacturing we will create stock items as Materials.

for this go to Inventory Info and click on stock group like furniture.

Now we will create Unit of Measure for  raw materials and final good. click on Unit of Measure.

in samble provide like for pieces we usually pcs while the formal name will be pieces. now create raw materials one by one .

click on stock items and create items for example wood we will do the following steps. in name write Wood, in Under write  Furniture and in Units write Pcs .

Also provide Beginning Balance as Quantity, Last Unit Cost.

 similarly create all items in the same way and give Beginning Quantity for all raw materials, you can watch from the video .

for the final good there should be no Beginning Quantity .

After completion of crating raw materials .if you have raw Materials then you can make a production.

go to the Inventory voucher to create

new Products. like in peachtree we are using work ticket for Manufacturing. as you click on inventory voucher a work ticket will be open.

In source( consumption) give items provide all the items in Item Name then give quantity and last unit cost in the rate.

then go to the Destination (production ) side give the final item Name how much Quantity you want  to produce.

the important thing is to provide Rate (cost Rate) the total rate of source consumption side .

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create payroll and pay salary to employees in Tally https://freelearningcenter.com/payroll-pay-salary-employees-tally/ https://freelearningcenter.com/payroll-pay-salary-employees-tally/#respond Wed, 17 Aug 2016 21:52:13 +0000 http://freelearningcenter.com/?p=154 in this lecture you will learn how to create employees  and Payroll (Pay salary to employees ). this lecture is very important and has been defined step by step. Select your company from “Company Info” and “select company” . when you want to go back to your dashboard  strike your keyboard Esc Button . now …

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in this lecture you will learn how to create employees  and Payroll (Pay salary to employees ).

this lecture is very important and has been defined step by step. Select your company from “Company Info” and “select company” .

when you want to go back to your dashboard  strike your keyboard Esc Button .

Process of Payroll in Tally Accounting software

now we want to create employees go to  “Payroll Info” click on Pay Heads and create Basic Pay , House Rent, Medical Allowance Convenience Allowance and income tax.

For Basic Pay and all other Allowances Select “earning for Employees”

 in Pay Head Type and in Under option select Indirect Expenses .

For Income Tax  select Deduction from Employee in Pay Heads Type. 

in under option select Duties and Taxes.

 in Employee Groups create Different Deportment like Accounts Department,

Finance Department HR Department or any other department  while in Employees Create Employees one by one.

For employees Creation click on employee and create employees in the under option select the department .

in the General information provide complete detail of the employee.

Contact number and date of birth may create issue of not saving in trial version.if creating problems the don’t put them.

Now we will create How to make salary to employees

Go to the Payroll vouchers here you should select your company bank Account for the payment to employee .

In Particular a list of employees will open and select one by one.

here in detail 1st give  basic pay then allowances at the end provide income tax to deduct from the basic pay. in the end narration write Pay to Mr. any name.

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How to Make Receipts and Payments in Tally https://freelearningcenter.com/receipts-payments-itally-accounting-software/ https://freelearningcenter.com/receipts-payments-itally-accounting-software/#respond Wed, 17 Aug 2016 20:29:35 +0000 http://freelearningcenter.com/?p=151 In this lecture you will learn how to create receipts and payments in Tally Accounting software. to check All the All the receivable and Payable  go to  “Reports‘ then click on Display > statements of Accounts then click on outstanding here you will see both receivable and payable . As you click on receivable complete …

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In this lecture you will learn how to create receipts and payments in Tally Accounting software.

to check All the All the receivable and Payable  go to  “Reports‘ then click on Display > statements of Accounts then click on outstanding here you will see both receivable and payable .

As you click on receivable complete list of receivable will open.

 

payments an receipts in tally accounting software

Now how to Receive money from your customer to whom you have make  sale on credit base.

go to accounting voucher and from the right side bar select Receipts provide your bank A/c from the list ledger in particular option select your customer from the list then put the receivable money in the Amount option.

in the narration give the CHEQUE number .

To Make Payments to your supplier, check the balance in the Bank A/c .

Payment to supplier is in the same way like  receiving of money from your customer .

Go to Accounting voucher in the right side bar click on Payments .

Again Go to Accounting voucher. from the  new list of ledger select Payments .

In the Accounts Select Your Bank Account .

In particular select your supplier in Particular select the customer and put the said amount in the amount option.if you want to make not the total amount you want to pay.

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