Tally Prime is a software package that is used for accounting, inventory management, and other business management tasks. It is comprehensive software that is designed to be user-friendly and efficient. A full course on Tally Prime would likely cover topics such as setting up a company, creating ledgers and groups, generating financial reports, managing inventory, and using various other features of the software. The course would also cover various advanced features of Tally Prime such as payroll management, budgeting and cost centers, and GST. Additionally, the course would also cover customizing Tally Prime as per the requirements of an organization.

Tally Prime Full Course Notes With Assignment

Tally Prime Full Course Topic wise Computer Training Institute Notes with Assignment for Self Study Purpose. As we are aware that Tally is business solution software, which is widely used for accounts, Stock Management, and Payroll of employees. After the rollout of GST in India, the use and popularity of Tally Software increased manyfold.

Tally solutions, release the Tally Prime to replace its most successful version Tally ERP9. The new software Tally prime is more user-friendly and interactive. Further, the new package simplified the way of working and maintaining a business. It also takes care of all possible sales strategies and is very easy to work with it.

There is no doubt that Tally Prime is a leading business solution and is being used in small towns to metro cities. Naturally, skilled manpower to work on Tally is required everywhere. Therefore, most Commerce students prefer to learn the Tally. But, there is no such requirement, anyone who is willing to learn can easily work on tally Prime.

We are going to share Tally computer Course Training Notes with Practice Examples and Assignment PDFs. One can easily learn Tally Prime within one month with the help of Notes. The Topic wise notes are given below.

Tally Prime full course in Hindi :

1. Tally Prime Intro

TallyPrime is the latest version of Tally, a popular accounting software used by businesses and organizations for maintaining financial records, generating invoices, and managing inventory. It is designed to be user-friendly, and customizable, and can be used for various business operations such as payroll, budgeting, and tax compliance. TallyPrime is the successor of Tally.ERP 9 and is more advanced and efficient than the previous versions. It’s also cloud-enabled and can be accessed from anywhere on any device.

2. Help with Tally Course

A Tally course is a training program that teaches individuals how to use the Tally software for accounting and business management. The course typically covers topics such as setting up a company, creating ledgers, generating invoices, managing inventory, generating financial statements, and using Tally’s advanced features.

The course can be taken in a classroom setting or online and is usually designed for individuals who are new to Tally or have basic knowledge of accounting. The course can be beneficial for business owners, accountants, bookkeepers, and individuals who are looking to gain skills in accounting and business management.

Tally courses generally vary in length, but most are completed in a few weeks to a few months. Some institutions also provide certification after completion of the course, which can be helpful for individuals looking to enhance their career prospects.

You can find Tally courses online, offline, and in institutes. Some of the leading providers of Tally courses include Tally Solutions, Talent Edge, Manipal Prolearn, and more.

3. Chapter 1. What is Tally Prime ?

TallyPrime is the latest version of Tally, an accounting software used by businesses and organizations for maintaining financial records, generating invoices, and managing inventory. TallyPrime is designed to be user-friendly and customizable and can be used for various business operations such as payroll, budgeting, and tax compliance. It is the successor of Tally.ERP 9 is more advanced and efficient than the previous versions. It is cloud-enabled software and can be accessed from anywhere on any device. TallyPrime includes features such as GST compliance, e-way bill generation, and compliance with other statutory requirements. It also includes advanced features such as inventory management, payroll management, and financial reporting. With TallyPrime, businesses can manage their accounting and financial operations more efficiently, accurately, and effectively.

Chapter 1 of a Tally Prime course would likely cover the basics of the software and its main features.

It would likely include an introduction to the software, including its name, version, and purpose. It would then go on to describe the main features of Tally Prime, such as its ability to manage financial records, generate invoices, and manage inventory.

Additionally, this chapter would also cover how Tally Prime is different from other accounting software and its advantage.

It may also include a brief overview of the Tally Prime interface, including the different menus and options available to users, and how to navigate the software.

The chapter would also provide examples of how Tally Prime can be used in real-world business scenarios, such as generating financial statements, managing payroll, and tracking budgets.

Overall, the goal of this chapter would be to give an overall understanding of Tally Prime and its capabilities, as well as to provide a foundation for the rest of the course.

4. Chapter 2. What is accounting software?

Accounting software is a computer program or a set of programs that businesses and organizations use to manage their financial transactions and recordkeeping. The software typically includes modules for tasks such as invoicing, accounts payable, accounts receivable, payroll, and general ledger. Some of the most common features of accounting software include:

1. Recording financial transactions: This includes sales, purchases, payments, and receipts.
2. Generating financial statements: This includes income statements, balance sheets, and cash flow statements.
3. Managing accounts payable and accounts receivable: This includes creating invoices, tracking payments, and generating reports on customer and vendor activity.
4. Payroll management: This includes tracking employee hours, calculating pay, and generating paychecks and tax forms.
5. Inventory management: This includes tracking stock levels, generating purchase orders, and generating reports on product sales and cost.
6. Budgeting and forecasting: This includes creating and managing budgets and generating reports to help businesses make informed decisions.
7. Tax compliance: This includes generating tax reports and forms, and helping businesses stay compliant with tax laws.

Accounting software can range from simple, single-user programs to complex, multi-user systems, and can be used by businesses of all sizes and types. It can be used to automate repetitive tasks, improve accuracy and efficiency, and provide real-time financial information to help businesses make better decisions.

5. Chapter 3. Education and qualification for tally course

There are no specific education or qualifications required to take a Tally course. However, having a basic understanding of accounting concepts and principles can be beneficial.

The course is generally designed for individuals who are new to Tally or have basic knowledge of accounting and want to learn more about the software and its capabilities. It can be beneficial for business owners, accountants, bookkeepers, and anyone looking to gain skills in accounting and business management.

Some institutes may have basic eligibility criteria for Tally courses such as :

• Minimum age: 18 years
• Minimum Qualification: 12th pass or equivalent
• Basic Knowledge of Computers

However, these are not mandatory and can vary from institute to institute.

It is also important to note that the Tally course is not a substitute for formal education in accounting or business management. While it can provide valuable skills and knowledge, it is not a substitute for a college degree or professional certification in accounting or business.

6. Chapter 4. How many types of tally versions?

Tally Solutions, the company that develops Tally, has released several versions of the software over the years. However, the most commonly used versions are:

1. Tally.ERP 9: This is the previous version of Tally and it is widely used by businesses and organizations for accounting and financial management.
2. TallyPrime: This is the latest version of Tally and it is the successor of Tally.ERP 9. It offers advanced features such as GST compliance, e-way bill generation, and compliance with other statutory requirements. It also includes advanced features such as inventory management, payroll management, and financial reporting.
3. Tally.Server 9: This version of Tally is designed for use in multi-user environments, such as in a networked office setting. It allows multiple users to access the software simultaneously, and provides advanced security and data management features.
4. Tally.Developer 9: This version of Tally is designed for software developers, and allows them to customize and integrate Tally with other software.
5. Tally.NET: It is a subscription-based service that allows businesses to access Tally on a remote server over the internet, eliminating the need for expensive hardware and software.

It’s important to note that Tally Solutions also releases updates and service packs for its software, which can add new features and fix bugs.

7. Chapter 5. How to download tally prime?

To download TallyPrime, you can follow these steps:

1. Go to the Tally Solutions website (https://tallysolutions.com/)
2. Click on the “Download” button on the top menu.
3. Select TallyPrime from the options available
4. Fill in the form with your contact details and select the type of license you require
5. Click on the “Download Now” button
6. Wait for the download to complete, and then run the installer file
7. Follow the instructions on the screen to complete the installation process

It’s important to note that TallyPrime requires a valid license to be activated, and you will need to purchase a license from Tally Solutions or an authorized Tally Partner before you can use the software.

Also, keep in mind that the installation process may vary depending on the operating system you’re using.

Once the installation is done, you can start using TallyPrime to manage your financial records, generate invoices, and manage inventory.

8. System requirements for Tally Prime

The system requirements for TallyPrime are as follows:

1. Operating System: Windows 7 or higher, including Windows 8, 8.1 and Windows 10
2. Processor: Intel Pentium 4 or higher
3. Memory (RAM): 2 GB or higher
4. Disk space: 1 GB or higher
5. Display: 1024 x 768 resolution or higher
6. Internet Explorer: Version 11 or higher
7. Microsoft .NET Framework: Version 4.6 or higher
8. Microsoft Excel: Version 2007 or higher (for advanced Excel integration)
9. TallyPrime requires an active internet connection to use certain features.

It’s important to note that these are the minimum system requirements and a higher-spec system is recommended for optimal performance.

Also, TallyPrime can be used on multiple devices such as laptops, desktops, tablets, and mobile phones.

It’s also recommended to ensure that your system meets these requirements before installing TallyPrime and to keep the operating system and other software up to date for the best performance and compatibility.

9. Chapter 6. How to install tally prime?

To install TallyPrime, you can follow these steps:

1. Download the TallyPrime software from the Tally Solutions website or from an authorized Tally partner.
2. Locate the downloaded file on your computer and double-click on it to begin the installation process.
3. Follow the instructions on the screen to complete the installation. The process may include accepting the license agreement, choosing the destination folder for the software, and configuring various settings.
4. Once the installation is complete, you will be prompted to activate the software with a valid license key. If you have already purchased a license, enter the key in the provided field to activate the software.
5. TallyPrime will then open and you will be prompted to create a new company or open an existing one.
6. Once you have created your company or opened an existing one, you can start using TallyPrime to manage your financial records, generate invoices, and manage inventory.

It’s important to keep in mind that TallyPrime requires a valid license to be activated, and you will need to purchase a license from Tally Solutions or an authorized Tally Partner before you can use the software.

Also, if you are upgrading from an older version of Tally, be sure to back up your data and check for any compatibility issues before proceeding with the installation.

If you face any issues, you can contact Tally Solutions customer support for assistance.

10. Chapter 7. How to activate the tally prime license?

To activate a TallyPrime license, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Click on the “Activate” button on the top right corner of the screen.
4. Select the option “Activate using a Tally.ERP 9 Serial Number”
5. Enter the license key that you have received from Tally Solutions or an authorized Tally Partner.
6. Click on the “Next” button.
7. Wait for the activation process to complete.
8. Once the activation is complete, the software will be fully functional and you can start using it to manage your financial records, generate invoices, and manage inventory.

It’s important to ensure that you are connected to the internet while activating the license, since TallyPrime requires an active internet connection to communicate with Tally Solutions servers for license activation.

Also, ensure that you are entering correct serial number as provided by Tally solutions.

If you face any issues during the activation process, you can contact Tally Solutions customer support for assistance.

11. Difference between tally prime education version and license version

The main difference between the TallyPrime Education version and the License version is their intended use and the level of functionality they provide.

1. TallyPrime Education version: This version of TallyPrime is intended for educational institutions and students. It is provided free of cost and has limited functionality compared to the license version. It is intended for learning and training purposes and not for commercial use.
2. TallyPrime License version: This version of TallyPrime is intended for commercial use and has full functionality. It is available for purchase and comes with a valid license key that needs to be activated. This version can be used for managing financial records, generating invoices, and managing the inventory of a business.

Both versions of TallyPrime have the same interface and similar features, but the license version has more advanced features such as GST compliance, e-way bill generation, and compliance with other statutory requirements. It also includes advanced features such as inventory management, payroll management, and financial reporting.

In summary, the TallyPrime Education version is intended for educational and learning purposes while the TallyPrime License version is intended for commercial use. The license version has more advanced features and functionalities than the education version.

12. How to reset the tally password?

If you forget your TallyPrime password, you can reset it by following these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “CTRL + ALT + R” keys on your keyboard.
4. Select the option “Forgot Password”
5. Enter your TallyPrime serial number and the email address associated with your TallyPrime license.
6. Click on the “Submit” button.
7. Tally Solutions will send a link to the email address you provided to reset the password.
8. Click on the link and follow the instructions to reset your password.
9. Once the password is reset, you can log in to TallyPrime with your new password.

It’s important to ensure that you are entering the correct email address, as the reset link will be sent to that email address. Also, keep in mind that the process may vary depending on the version of Tally you’re using.

If you face any issues with resetting your password, you can contact Tally Solutions customer support for assistance.

13. Chapter 8. How to create company data in tally prime?

To create a new company in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “CTRL + ALT + C” keys on your keyboard.
4. Select the option “Create”
5. Fill in the necessary details for the company, such as the company name, address, contact information, and financial year.
6. Select the currency for the company.
7. Select the option for “Books of Accounts” (e.g. Financial, Inventory, Cost Centers) that you want to maintain for the company.
8. Select the option for “Inventory details” (e.g. Stock Categories, Units of Measure, Godowns) that you want to maintain for the company.
9. Press the “Enter” key on your keyboard to save the company details.
10. TallyPrime will then create the new company and you can start adding ledgers, creating vouchers, and entering transactions.

Once you’ve created a company, you can open it at any time by going to the Gateway of Tally and selecting it from the list of companies.

It’s important to ensure that you are entering the correct details and the company’s name should be unique as TallyPrime does not allow duplicate company names.

You can also create multiple companies in TallyPrime and switch between them as needed.

14. How to set the company data password in tally prime?

To set a password for your company data in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “CTRL + ALT + C” keys on your keyboard to open the company list.
4. Select the company for which you want to set a password.
5. Go to the “Company Info” menu.
6. Select the option “Security Control”
7. Select the option “Change Password”
8. Enter the old password (if any) and the new password you want to set.
9. Confirm the new password by re-entering it.
10. Press the “Enter” key on your keyboard to save the changes.

Once you’ve set a password, you will be prompted to enter it each time you open the company in TallyPrime.

It’s important to keep in mind that the password should be strong and unique, and not shared with anyone. If you forget your password, you can reset it using the “Forgot Password” option in the security control menu or contact Tally Solutions customer support for assistance.

Also, once you set the password, it is mandatory to enter it whenever you open the

15. Chapter 9. What is the gateway of tally?

The Gateway of Tally is the first screen that appears when you open TallyPrime. It is the main menu of the software and provides access to all the features and options available in TallyPrime.

The Gateway of Tally includes several options such as:

1. Company Info: This option allows you to create, modify, and manage companies in TallyPrime.
2. Accounting: This option provides access to the accounting features of TallyPrime, such as ledgers, vouchers, and financial statements.
3. Inventory: This option provides access to the inventory management features of TallyPrime, such as stock items, godowns, and stock groups.
4. Payroll: This option provides access to the payroll management features of TallyPrime, such as employment creation, salary structure, and payroll reports.
5. Statutory & Taxation: This option provides access to the statutory compliance features of TallyPrime, such as GST, TDS, and TCS.
6. Reports: This option provides access to the various reports that can be generated in TallyPrime, such as balance sheets, profit and loss statements, and trial balances.
7. Utilities: This option provides access to various utilities in TallyPrime such as Data Import, Data Export, Data Backup, and Data Recovery.
8. Shortcuts: This option provides quick access to frequently used features and options.
9. Multi-lingual support: This option allows you to select the language you prefer to work with
10. Remote access: This option allows you to access TallyPrime remotely using the Tally.NET service.
11. Data Migration: This option allows you to migrate data from an older version of Tally to TallyPrime.
12. Support Center: This option allows you to access Tally Solutions customer support for assistance.

Overall, the Gateway of Tally is the central point of access to all the features and functionalities of TallyPrime and it is designed to be user-friendly and easy to navigate. It is the starting point for managing financial records, generating invoices, and managing inventory in TallyPrime.

It’s important to note that TallyPrime is also customizable and you can configure it as per your business needs and requirements.

16. How to set the data path in tally prime?

To set the data path in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “F12” key on your keyboard to open the Configuration menu.
4. Select the “Directories” option.
5. Select the “Data” option.
6. Click on the “Change” button to set the data path.
7. Browse to the folder where you want to store your company data and select it.
8. Press the “Enter” key on your keyboard to save the changes.

You can also set the data path during the company creation process when you will be prompted to select the data location.

It’s important to ensure that the data path is set to a location that is easily accessible and has enough storage space to accommodate your company’s data. Also, ensure that the folder you are selecting to store the data has proper read and write permissions.

Also, you can change the data path anytime by following the same steps.

17. Chapter 10. How do set F11 features in tally prime?

In TallyPrime, the F11: Features option in the Gateway of Tally allows you to configure various settings and options for your company. To access the F11: Features option, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “F11” key on your keyboard to open the F11: Features menu.
4. Select the option you want to configure, such as:
   • Accounting Features: This option allows you to configure settings related to accounting, such as enabling or disabling cost centers, enabling or disabling budgets, etc.
   • Inventory Features: This option allows you to configure settings related to inventory management, such as enabling or disabling inventory, enabling or disabling multiple units of measure, etc.
   • Statutory & Taxation: This option allows you to configure settings related to GST, TDS, TCS, etc.
   • Payroll Features: This option allows you to configure settings related to payroll management, such as enabling or disabling payroll, enabling or disabling statutory compliance, etc.
   • Printing Features: This option allows you to configure settings related to printing, such as enabling or disabling bill-wise details, enabling or disabling printing of notes, etc.
   • Display Features: This option allows you to configure settings related to display, such as enabling or disabling the display of the data in the vouchers, etc.
5. Once you have made the changes, press the “Enter” key on your keyboard to save the changes.

It’s important to note that the options available in the F11: Features menu may vary depending on the version of TallyPrime you are using, and you should refer to the TallyPrime documentation or contact Tally Solutions customer support for detailed instructions on how to configure the features.

18. Tally configuration – F12

In TallyPrime, the F12: Configure option in the Gateway of Tally allows you to configure various settings and options for the software, such as:

1. General: This option allows you to configure settings such as the date format, number format, and default font size.
2. Display: This option allows you to configure settings related to the display of the software, such as the screen resolution and the color scheme.
3. Printing: This option allows you to configure settings related to printing, such as the default printer, the paper size, and the print quality.
4. Security: This option allows you to configure settings related to security, such as the password policy, and the option to enable or disable an audit trail.
5. Directories: This option allows you to configure the directories for the data, backup, images, and export files.
6. Advanced Configuration: This option allows you to configure settings such as the Tally.NET service and Remote Access
7. Remote Configuration: This option allows you to configure settings related to remote access, such as the Tally.NET service and Remote Access.
8. Email: This option allows you to configure settings related to emails, such as the email server settings, and the option to enable or disable email support.

To access the F12: Configure option, you can follow these steps:

1. Open TallyPrime on your computer.
2. Go to the Gateway of Tally
3. Press the “F12” key on your keyboard to open the Configuration menu.
4. Select the option you want to configure

It’s important to note that the options available in the F12: Configure menu may vary depending on the version of TallyPrime you are using, and you should refer to the TallyPrime documentation or contact Tally Solutions customer support for detailed instructions on how to configure the features.

20. Chapter 11. What is GST?

GST stands for Goods and Services Tax, which is a value-added tax system implemented in India and several other countries. GST is a single tax system that replaces multiple indirect taxes such as VAT, service tax, and excise duty, and is intended to simplify the tax system and reduce the compliance burden for businesses.

Under GST, businesses are required to register with the GST department and obtain a GSTIN (Goods and Services Tax Identification Number). GST is collected at every stage of the supply chain, from the manufacturer to the consumer, and businesses are responsible for collecting and remitting GST to the government.

There are three types of GST in India:

• CGST (Central GST) is collected by the Central Government
• SGST (State GST) is collected by the State Government
• IGST (Integrated GST) is collected by the Central Government for inter-state transactions.

GST is applicable to all goods and services, except for a few exemptions the GST rate is determined by the Government and it varies for different goods and services. GST is a destination-based tax, which means that GST is charged on the value of goods and services at the place of consumption and not at the place of production.

GST system is designed to be self-policing, by allowing businesses to claim the input tax credit on GST paid on inputs and input services, which is intended to reduce the cascading effect of taxes.

Overall, GST aims to create a simplified and unified tax system, increase revenue for the government, reduce the tax burden for businesses, and promote transparency and compliance.

21. Chapter 12. Master creation in tally prime?

Master creation in TallyPrime refers to the process of creating and maintaining the different types of masters in TallyPrime such as ledgers, stock items, and cost centers. These masters are used to record transactions and generate financial statements.

To create a master in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to create the master.
2. Go to the Gateway of Tally
3. Press the “F11” key on your keyboard to open the F11: Features menu.
4. Select the option “Master Creation”
5. Select the type of master you want to create, such as:
   • Ledger: This option allows you to create and maintain ledgers for accounts such as cash, bank, and sales.
   • Stock Item: This option allows you to create and maintain stock items for inventory management.
   • Cost Center: This option allows you to create and maintain cost centers for cost accounting.
   • Voucher Type: This option allows you to create and maintain voucher types such as Sales, Purchase, Payment, and Receipt.
6. Enter the necessary details for the master and press the “Enter” key on your keyboard to save the changes.

You can also edit or delete an existing master by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct details for the master and that the master name is unique. Also, it’s important to keep in mind that the process of master creation may vary depending on the version of TallyPrime you are using.

22. How to create Stock item in tally prime ?

To create a stock item in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to create the stock item.
2. Go to the Gateway of Tally
3. Press the “F11” key on your keyboard to open the F11: Features menu.
4. Select the option “Inventory Info”
5. Select the option “Stock Item”
6. Press the “Enter” key on your keyboard to create a new stock item.
7. Enter the necessary details for the stock item, such as the name, unit of measure, stock group, and opening balance.
8. Press the “Enter” key on your keyboard to save the changes.

You can also edit or delete an existing stock item by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct details for the stock item and that the stock item name is unique. Also, it’s important to ensure that you have created the necessary Stock groups and Units of Measure before creating the stock item.

You can also create multiple stock items in TallyPrime and use them for managing your inventory. TallyPrime also allows you to track stock levels, set reorder levels, generate reports, and much more.

23. How to set gst details in stock item in tally prime?

To set GST details for a stock item in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to set GST details for the stock item.
2. Go to the Gateway of Tally
3. Press the “F11” key on your keyboard to open the F11: Features menu.
4. Select the option “Inventory Info”
5. Select the option “Stock Item”
6. Select the stock item for which you want to set GST details.
7. Press the “Alt+G” key on your keyboard to open the GST details.
8. Select the appropriate GST rate for the stock item.
9. Enter the GST details, such as the GST rate, HSN/SAC code, GST classification, and GST inclusive/exclusive flag.
10. Press the “Enter” key on your keyboard to save the changes.

You can also edit or delete GST details for an existing stock item by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct GST details for the stock item, including the GST rate, HSN/SAC code, GST classification, and GST inclusive/exclusive flag. These details are important for compliance with GST regulations and for generating GST reports in TallyPrime.

Also, it’s important to note that TallyPrime allows you to set GST details for all stock items, and also track GST transactions and generate GST reports.

24. How set GST rate and HSN code in stock item in tally prime?

To set GST rate and HSN code for a stock item in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to set GST rate and HSN code for the stock item.
2. Go to the Gateway of Tally
3. Press the “F11” key on your keyboard to open the F11: Features menu.
4. Select the option “Inventory Info”
5. Select the option “Stock Item”
6. Select the stock item for which you want to set GST rate and HSN code.
7. Press the “Alt+G” key on your keyboard to open the GST details.
8. Select the appropriate GST rate for the stock item.
9. Enter the HSN code for the stock item.
10. Press the “Enter” key on your keyboard to save the changes.

You can also edit or delete the GST rate and HSN code for an existing stock item by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct GST rate and HSN code for the stock item, as it is mandatory to mention the HSN code for items with GST rate more than 5% as per GST laws in India. These details are important for compliance with GST regulations and for generating GST reports in TallyPrime.

Also, it’s important to note that TallyPrime allows you to set GST rate and HSN code for all stock items, and also track GST transactions and generate GST reports.

25. How to create ledger in tally prime?

To create a ledger in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to create the ledger.
2. Go to the Gateway of Tally
3. Press the “Alt+F1” key on your keyboard to open the Accounts Info menu.
4. Select the option “Ledger”
5. Press the “Enter” key on your keyboard to create a new ledger.
6. Enter the necessary details for the ledger, such as the name, group, and opening balance.
7. Press the “Enter” key on your keyboard to save the changes.

You can also edit or delete an existing ledger by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct details for the ledger and that the ledger name is unique. Also, it’s important to ensure that you have created the necessary ledger groups before creating the ledger.

You can also create multiple ledgers in TallyPrime to manage your accounting, such as cash, bank, sales, and purchase ledgers. Ledgers are used to record financial transactions and generate financial statements in TallyPrime.

26. How to create fixed assets ledger in tally prime?

To create a fixed assets ledger in TallyPrime, you can follow these steps:

1. Open TallyPrime on your computer and select the company for which you want to create the fixed assets ledger.
2. Go to the Gateway of Tally
3. Press the “Alt+F1” key on your keyboard to open the Accounts Info menu.
4. Select the option “Ledger”
5. Press the “Enter” key on your keyboard to create a new ledger.
6. Enter the necessary details for the ledger, such as the name, group (Fixed Assets), and opening balance.
7. Press the “Alt+G” key on your keyboard and select the fixed assets ledger group.
8. Press the “Enter” key on your keyboard to save the changes.

You can also edit or delete an existing fixed assets ledger by going to the same menu and selecting the appropriate option.

It’s important to ensure that you are entering the correct details for the fixed assets ledger and that the ledger name is unique. Also, it’s important to ensure that you have created the necessary ledger group “Fixed Assets” before creating the ledger.

You can also create multiple fixed assets ledgers in TallyPrime, such as “Land and Building”, “Plant and Machinery”, “Furniture and Fixtures” to manage your fixed assets accounting and also track depreciation of your assets.

You can also track the details of your fixed assets like purchase details, depreciation, accumulated depreciation and its current value in TallyPrime.

27. Chapter-13. Voucher Entry in tally prime

In Tally Prime, a voucher is a document that records a financial transaction in the accounting system. To create a voucher, you will need to go to the Gateway of Tally and select the Voucher entry option from the menu. From there, you can select the type of voucher you want to create, such as a sales invoice, purchase invoice, payment voucher, or receipt voucher. Once you have selected the type of voucher, you will need to enter the necessary information, such as the date, party details, and the amount of the transaction. Once you have entered all of the information, you can save the voucher and it will be recorded in the accounting system.

In Tally Prime, voucher entry is the process of recording financial transactions in the accounting system using different types of vouchers. These vouchers include:

1. Sales Voucher: Used to record sales transactions.
2. Purchase Voucher: Used to record purchase transactions.
3. Payment Voucher: Used to record payments made to parties such as suppliers, employees, etc.
4. Receipt Voucher: Used to record receipts received from parties such as customers, debtors, etc.
5. Contra Voucher: Used to record transfer of funds between different ledgers.
6. Journal Voucher: Used to record transactions that do not involve cash or bank transactions, such as depreciation, writing off bad debts, etc.

To create a voucher in Tally Prime, you need to go to Gateway of Tally > Accounting Vouchers > Select the type of voucher > Fill in the necessary details such as date, party details, and amount > Save.

Once the vouchers are recorded, you can view the reports such as balance sheet, profit and loss, trial balance and so on.

It is important to maintain accurate and timely voucher entries to ensure proper financial management and reporting.

28. How to create capital account in tally prime?

In Tally Prime, you can create a capital account to track the funds invested by the owners or shareholders of a business. Here are the steps to create a capital account:

1. Go to the Gateway of Tally and select the “Accounts Info” menu.
2. Select the “Ledger” option from the sub-menu.
3. Click on the “Create” button to create a new ledger.
4. Select “Capital Account” from the “Ledger Type” list.
5. Enter the name of the account, such as “Owner’s Capital” or “Shareholder’s Capital.”
6. Select the appropriate group for the account, such as “Capital Accounts”
7. Fill in any additional details, such as the opening balance, if applicable.
8. Click on the “Save” button to create the account.

Once the account is created, you can record transactions related to the capital account using the appropriate vouchers, such as a Journal Voucher. You can also view the account’s balance and transactions by going to the “Ledger” screen and selecting the capital account. It is important to maintain and update the capital account regularly to have a clear picture of the business’s financial position.

29. How to do capital entry in tally prime?

In Tally Prime, you can record a capital entry to track the funds invested by the owners or shareholders of a business. Here are the steps to record a capital entry:

1. Go to the Gateway of Tally and select the “Accounting Vouchers” menu.
2. Select “Journal” from the sub-menu.
3. In the Journal Voucher screen, select the date of the transaction and enter a reference number, if desired.
4. In the “Particulars” column, select the capital account (e.g. Owner’s Capital or Shareholder’s Capital) from the ledger list.
5. In the “Amount” column, enter the amount of the capital contribution.
6. In the “Dr/Cr” column, select “Dr” (debit) for the capital account, and “Cr” (credit) for the bank/cash account from which the funds are coming from.
7. Click on the “Save” button to record the transaction

It is important to maintain and update the capital account regularly to have a clear picture of the business’s financial position.

You may also want to create a Capital Account first in the ledger before recording the capital entry.

30. How to create GST ledger in tally prime ?

In Tally Prime, you can create a GST ledger to track the GST (Goods and Services Tax) collected and paid by your business. Here are the steps to create a GST ledger:

1. Go to the Gateway of Tally and select the “Accounts Info” menu.
2. Select the “Ledger” option from the sub-menu.
3. Click on the “Create” button to create a new ledger.
4. Select “Duties & Taxes” from the “Ledger Type” list.
5. Select “GST” from the “Tax Type” list.
6. Select the appropriate GST type, such as “GST on Sales” or “GST on Purchases.”
7. Enter the name of the GST ledger, such as “GST on Sales” or “GST on Purchases.”
8. Select the appropriate group for the ledger, such as “Indirect Expenses” or “Indirect Incomes”
9. Fill in any additional details, such as the GST rate, if applicable.
10. Click on the “Save” button to create the ledger.

Once the GST ledger is created, you can record transactions related to GST using the appropriate vouchers, such as Sales and Purchase Voucher. You can also view the GST ledger’s balance and transactions by going to the “Ledger” screen and selecting the GST ledger. It is important to maintain and update the GST ledger regularly to ensure compliance with the GST regulations and to have a clear picture of the business’s financial position.

31. Chapter-14. Sales order and purchase order in tally prime

In Tally Prime, Sales Order and Purchase Order are used to record the details of sales and purchase transactions before they are completed. These transactions can be recorded as a document to be used as reference while making actual sales and purchase transactions. Here are the steps to create a Sales Order and Purchase Order in Tally Prime:

1. Sales Order: Go to Gateway of Tally > Sales > Sales Order In the Sales Order screen, enter the date of the order, the party details, the item details, and the quantity and rate of the items.
2. Purchase Order: Go to Gateway of Tally > Purchases > Purchase Order In the Purchase Order screen, enter the date of the order, the party details, the item details, and the quantity and rate of the items.

By creating Sales and Purchase Orders, you can keep track of the expected sales and purchases, and also plan your inventory accordingly.

Once the sales order is confirmed, you can use the sales order as reference to create the sales invoice, and for purchase order it can be used as reference to create the purchase invoice. This way, you can ensure that all the details are accurate, and it makes it easier to reconcile accounts.

32. How to activate purchase order in tally prime?

In Tally Prime, Purchase Order is an advanced inventory management feature that allows you to record the details of purchase transactions before they are completed. To activate the Purchase Order feature in Tally Prime, you need to follow these steps:

1. Go to the Gateway of Tally and select the “F11: Features” option.
2. In the “Inventory Features” section, set the “Use Purchase Order” option to “Yes”.
3. Press the “Enter” key to save the changes.

Once you have activated the Purchase Order feature, you can create purchase orders by going to Gateway of Tally > Purchases > Purchase Order. In the Purchase Order screen, you can enter the details of the purchase transaction, such as the party details, item details, quantity, and rate.

You can also use this purchase order as reference while creating purchase invoices. This way, you can ensure that all the details are accurate, and it makes it easier to reconcile accounts.

It is important to note that the Purchase Order feature needs to be activated and configured properly to use it in Tally Prime.

33. Chapter -15. Banking process in tally prime

In Tally Prime, the banking process involves recording and tracking financial transactions related to bank accounts. Here are the steps to record a banking transaction in Tally Prime:

1. Go to the Gateway of Tally and select “Accounting Vouchers”
2. Select the type of voucher you want to create, such as a “Bank Payment” or “Bank Receipt”
3. Select the bank account from the ledger list
4. Enter the date of the transaction, the party details, and the amount of the transaction
5. Press “Save” to record the transaction
6. Repeat the process for any additional transactions

You can also use Tally Prime’s “Bank Reconciliation” feature to reconcile your bank account. To do this, you will need to go to Gateway of Tally > Display > Statement of Accounts > Select the bank account > Select the date range for which you want to reconcile the account > Click on the “Reconcile” button.

This will show a list of all bank transactions within the selected date range, along with a balance as per the bank statement and a balance as per Tally Prime. You can then match the transactions and update the balances to reconcile the account.

It is important to regularly record and reconcile banking transactions in Tally Prime to ensure accurate financial reporting and to keep track of the business’s cash flow.

34. How to create bank ledger in tally prime?

In Tally Prime, you can create a bank ledger to track transactions related to your business’s bank accounts. Here are the steps to create a bank ledger:

1. Go to the Gateway of Tally and select the “Accounts Info” menu.
2. Select the “Ledger” option from the sub-menu.
3. Click on the “Create” button to create a new ledger.
4. Select “Bank Accounts” from the “Ledger Type” list.
5. Enter the name of the bank account, such as “XYZ Bank – Current Account” or “ABC Bank – Savings Account”.
6. Select the appropriate group for the account, such as “Bank Accounts”
7. Fill in any additional details, such as the opening balance, bank account number, and IFSC code.
8. Click on the “Save” button to create the account.

Once the bank account is created, you can record transactions related to the account using the appropriate vouchers, such as a Bank Payment or Bank Receipt voucher. You can also view the account’s balance and transactions by going to the “Ledger” screen and selecting the bank account. It’s important to regularly record and reconcile banking transactions in Tally Prime to ensure accurate financial reporting and to keep track of the business’s cash flow.

35. How to reconcile bank in tally prime?

In Tally Prime, you can reconcile a bank account to ensure that the transactions recorded in Tally Prime match the transactions recorded by the bank. Here are the steps to reconcile a bank account in Tally Prime:

1. Go to Gateway of Tally > Display > Statement of Accounts
2. Select the bank account you want to reconcile
3. Select the date range for which you want to reconcile the account
4. Click on the “Reconcile” button
5. Tally Prime will display a list of all bank transactions within the selected date range, along with a balance as per the bank statement and a balance as per Tally Prime
6. Compare the transactions and balances, and update the balances in Tally Prime as necessary.
7. Once all the transactions are matched, click on the “Reconcile” button to update the account.
8. Tally Prime will show a message that the account has been reconciled.

It is important to regularly reconcile bank accounts in Tally Prime to ensure that the transactions recorded in the accounting system match the transactions recorded by the bank. This will help to keep accurate records of the business’s financial position, and identify and resolve any discrepancies.

36. Auto bank reconciliation in tally prime

In Tally Prime, auto bank reconciliation is a feature that allows you to automatically match and reconcile bank transactions with the transactions recorded in Tally Prime. This feature can save time and reduce the manual effort required to reconcile bank accounts.

To enable auto bank reconciliation in Tally Prime, you need to follow these steps:

1. Go to Gateway of Tally > F11: Features > F3: Accounting Features
2. Under the “Bank Reconciliation” section, set the “Auto Bank Reconciliation” option to “Yes”.
3. Press the “Enter” key to save the changes.

Once the auto bank reconciliation feature is enabled, Tally Prime will automatically match bank transactions with the transactions recorded in Tally Prime based on the date, amount, and other details of the transactions.

It’s important to note that this feature only works if the transactions are recorded correctly in Tally Prime and if the information provided in the bank statement is accurate and matches the transactions recorded in Tally Prime.

Additionally, it’s also important to keep in mind that this feature may not be able to match every transaction and it’s important to regularly review the bank reconciliation report to ensure that all transactions are matched and reconciled correctly.

37. How to import bank statement in tally prime?

In Tally Prime, you can import bank statements to automatically record and reconcile bank transactions. The process to import bank statement will vary depending on the version of Tally Prime and the format of the bank statement. Here are the general steps for importing bank statement in Tally Prime:

1. Go to Gateway of Tally > Banking > Import Bank Statement
2. Select the bank account for which you want to import the statement.
3. Select the file format of the bank statement, such as CSV, Excel, or OFX.
4. Browse and select the bank statement file from your computer or device.
5. Tally Prime will process the file and import the transactions into the selected bank account.
6. Review the imported transactions, and match them with the transactions recorded in Tally Prime.
7. Once the transactions are matched, click on the “Reconcile” button to update the account.

It’s important to note that the bank statement should be in the correct format, otherwise, the import may fail. Also, it’s important to ensure that the transactions are recorded correctly and that the information provided in the bank statement matches the transactions recorded in Tally Prime.

Additionally, it’s also important to keep in mind that this feature may not be able to match every transaction, and it’s important to regularly review the bank reconciliation report to ensure that all transactions are matched and reconciled correctly.

38. How to enable cheque printing in tally prime?

In Tally Prime, you can enable cheque printing to print cheques for payments made to parties such as suppliers, employees, etc. Here are the steps to enable cheque printing in Tally Prime:

1. Go to Gateway of Tally > F11: Features > F4: Printing Features
2. Under the “Cheque Printing” section, set the “Enable Cheque Printing” option to “Yes”.
3. Press the “Enter” key to save the changes.

Once the cheque printing feature is enabled, you can print cheques for payments made using the Payment Voucher.

4. Go to Gateway of Tally > Accounting Vouchers > Payment
5. Select the bank account for which you want to print the cheque.
6. In the Payment Voucher screen, enter the necessary details such as the date, party details, and amount.
7. Go to the “Cheque” button and enter the cheque number and the date
8. Press “Save” to print the cheque.

It’s important to note that the cheque printing feature needs to be enabled and configured properly to use it in Tally Prime, also this feature requires a printer to be connected to the computer where Tally Prime is installed.

Additionally, you can also customize the cheque layout, font size, and other settings from the Cheque Printing Configuration.

39. Cheque printing configuration in tally prime

In Tally Prime, you can configure cheque printing by following these steps:

1. Go to Gateway of Tally > Display > Statutory Reports > Form 16A/16.
2. Select the required party ledger for which cheque printing is to be enabled.
3. Press F12 and enable the option “Print Cheque”
4. Go to Gateway of Tally > F12: Configure > Printing > Cheque Printing
5. Configure the cheque printing settings as required, such as the bank name, cheque number, and the cheque format.
6. Press ‘CTRL+P’ to print the cheque.

Please note that this process may vary depending on the version of Tally Prime that you are using.

40. Chapter -16. Billing process in tally prime

In Tally Prime, the billing process involves creating invoices for sales made to customers. This can be done by going to the “Sales Voucher” menu and selecting “New Invoice.” The invoice can then be filled out with the customer’s information, the items or services sold, and the prices. Once the invoice is complete, it can be saved and printed or emailed to the customer. Tally Prime also allows for the tracking of outstanding payments and creating reminders for overdue invoices.

41. How to make invoice in tally prime?

To create an invoice in Tally Prime, you can follow these steps:

1. Open Tally Prime and go to the Gateway of Tally.
2. Select Sales Voucher from the Voucher Type menu.
3. Select the customer or party ledger from the Party’s A/c Name field.
4. Select the item or product ledger from the Stock Item field.
5. Enter the quantity and rate of the item in the Quantity and Rate fields.
6. Press Enter to add the item to the invoice. Repeat this step for all items to be included in the invoice.
7. In the bottom of the screen, you will see the total amount of the invoice, taxes and other charges.
8. Press Enter to save the invoice.
9. Print the invoice if required by clicking on Print option in voucher.

Note: The steps may vary slightly depending on the version of Tally Prime you are using.

42. Sales invoice configuration in tally prime

In Tally Prime, the configuration of sales invoices involves setting up the various options and preferences that will be used when creating invoices. This includes things like setting up the default invoice format, choosing the fields to be displayed on the invoice, and configuring taxes and discounts.

To configure sales invoices in Tally Prime, you can go to Gateway of Tally > Display > Statutory Reports > Sales Tax > Tax Invoice. Then, you can go to F12: Configure and select the options that you want to use.

You can set the default format of the invoice, add or remove fields, set the currency, configure taxes, set up billing and shipping addresses, set up payment and delivery terms, and more. You can also customize the invoice template by adding your company logo and other branding elements.

Once you have finished configuring the invoice options, you can save them and use them as the default settings for all future invoices.

43. How to create sales ledger in tally Prime?

In Tally Prime, creating a sales ledger is the process of setting up a record for a customer or client to whom you will be billing for goods or services.

Here are the steps to create a sales ledger in Tally Prime:

1. Go to the Gateway of Tally > Accounts Info.
2. Select Ledger > Create.
3. In the “Create Ledger” screen, enter the name of the ledger (e.g. “ABC Corporation”).
4. Select “Sales Accounts” as the group under which the ledger will be created.
5. Fill in any additional information, such as the contact details of the customer.
6. Press Enter to save the ledger.

Once you have created the sales ledger, you can use it when creating invoices in Tally Prime. You can also view or update the ledger information by going to Gateway of Tally > Accounts Info > Ledger > Alter.

You can also create a ledger with multiple ledgers at once by using the import option, you can import the ledgers using excel sheet in Tally Prime

It’s important to keep your ledgers up-to-date and accurate to ensure that your financial records are accurate.

44. Inclusive tax entry in tally prime

In Tally Prime, when creating a sales invoice, you can choose to include taxes in the price of the goods or services being sold. This is known as “inclusive tax” and it means that the tax is included in the final price that the customer pays.

Here are the steps to create an invoice with inclusive tax in Tally Prime:

1. Go to the “Sales Voucher” menu and select “New Invoice.”
2. Select the customer from the list of ledgers.
3. Enter the items or services being sold and their prices.
4. Go to the “Taxes” section and enable the “Inclusive of all Taxes” option.
5. Tally Prime will automatically calculate the tax amount based on the tax rates set up in your configuration.
6. Save and Print the invoice.

When creating the invoice, you can choose to include different types of taxes like GST, VAT, etc.

It’s important to note that the taxes will be included in the total amount of the invoice and not as separate line item. This can help to simplify the invoicing process for the customer and also for your records.

You can also configure inclusive tax option in the F12: Configure > Invoice, where you can set the default inclusive tax option for all the invoices.

45. How to create CGST ledger in tally prime?

In Tally Prime, you can create a separate ledger for each type of tax that you need to collect or pay, such as the CGST (Central Goods and Services Tax) which is one of the components of GST in India. Here are the steps to create a CGST ledger in Tally Prime:

1. Go to Gateway of Tally > Accounts Info.
2. Select Ledger > Create.
3. In the “Create Ledger” screen, enter the name of the ledger (e.g. “CGST”).
4. Select “Duties and Taxes” as the group under which the ledger will be created.
5. Fill in any additional information, such as the tax rate.
6. Press Enter to save the ledger.

Once you have created the CGST ledger, you can use it when creating invoices or purchase bills in Tally Prime. Tally Prime will automatically calculate the CGST amount based on the tax rate set up in the ledger and the total amount of the invoice.

You can also create a different ledger for SGST(State Goods and Services Tax) and IGST(Integrated Goods and Services Tax) if you are dealing with inter-state transactions.

It’s important to keep your ledgers up-to-date and accurate to ensure that your financial records are accurate and also to comply with the tax regulations.

46. How to create SGST ledger in tally?

In Tally, creating a SGST (State Goods and Services Tax) ledger is similar to creating a CGST ledger. Here are the steps to create a SGST ledger in Tally:

1. Go to Gateway of Tally > Accounts Info.
2. Select Ledger > Create.
3. In the “Create Ledger” screen, enter the name of the ledger (e.g. “SGST”).
4. Select “Duties and Taxes” as the group under which the ledger will be created.
5. Fill in any additional information, such as the tax rate.
6. Press Enter to save the ledger.

Once you have created the SGST ledger, you can use it when creating invoices or purchase bills in Tally. Tally will automatically calculate the SGST amount based on the tax rate set up in the ledger and the total amount of the invoice.

You need to make sure that you have correct tax rate configured in SGST ledger as per the GST Act, this rate may change from time to time, so you need to update it accordingly.

It’s important to keep your ledgers up-to-date and accurate to ensure that your financial records are accurate and also to comply with the tax regulations.

It’s also important to note that, SGST is applied for intra-state transactions, i.e transactions within the state, and for inter-state transactions, you need to configure IGST ledger which is different from CGST and SGST.

47. Chapter -17. Invoice printing in tally prime

In Tally Prime, you can print invoices after creating them. Here are the steps to print an invoice in Tally Prime:

1. Go to the “Sales Voucher” menu and select “Invoice”
2. Select the invoice you want to print from the list of invoices.
3. Press Alt+P or go to Display > Print.
4. In the Print screen, select the printer you want to use and any other print options you want to apply.
5. Press Enter to start printing.

Alternatively, you can also set the invoice for emailing by clicking on the E-Mail button, the invoice will be sent to the registered email id of the customer.

You can also customize the invoice template by going to Gateway of Tally > F12: Configure > Invoice > Print > Print Format and make changes according to your requirement.

You can also take a printout of the invoice summary report, which gives an overview of all the invoices created for a specific period. To do this, go to Gateway of Tally > Display > Statement Summary > Invoice > Summary

It’s important to ensure that the invoices are accurate and that the correct printer is selected before printing to avoid errors and to ensure that the invoices are legible.

48. How to print invoice in tally prime?

In Tally Prime, you can easily print invoices after creating them. Here are the steps to print an invoice in Tally Prime:

1. Go to the “Sales Voucher” menu and select “Invoice”
2. Select the invoice you want to print from the list of invoices.
3. Press Alt+P or go to Display > Print.
4. In the Print screen, select the printer you want to use and any other print options you want to apply.
5. Press Enter to start printing.

Alternatively, you can also set the invoice for emailing by clicking on the E-Mail button, the invoice will be sent to the registered email id of the customer.

You can also customize the invoice template by going to Gateway of Tally > F12: Configure > Invoice > Print > Print Format and make changes according to your requirement, like adding company logo or any specific fields.

It’s important to ensure that the invoices are accurate and that the correct printer is selected before printing to avoid errors and to ensure that the invoices are legible. Also, you can take a printout of the invoice summary report, which gives an overview of all the invoices created for a specific period. To do this, go to Gateway of Tally > Display > Condition Summary > Invoice > Summary

You can also take a printout of the invoice in different languages, Tally Prime supports multiple languages.

49. Invoice printing configuration in tally prime

In Tally Prime, you can configure various options and preferences for printing invoices. This includes things like setting up the default invoice format, choosing the fields to be displayed on the invoice, and configuring print options.

Here are the steps to configure invoice printing in Tally Prime:

1. Go to Gateway of Tally > F12: Configure.
2. Select “Invoice”
3. Select “Print”
4. You can configure the following options:

• Print Format: This option allows you to select the default format for printing invoices.
• Print Options: This option allows you to configure the print options such as font size, paper size, and print margins.
• Print Fields: This option allows you to choose which fields will be displayed on the invoice when it is printed.

5. Press Enter to save the configuration

Once you have finished configuring the invoice printing options, you can save them and use them as the default settings for all future invoices. It’s important to note that you can also configure the invoice for emailing and configure the email settings.

In addition to this, you can also customize the invoice template by adding your company logo and other branding elements.

It’s important to ensure that the invoice printing configuration is accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements.

50. How to change invoice format in tally prime?

In Tally Prime, you can change the invoice format to customize the layout and fields that are displayed on the invoice. Here are the steps to change the invoice format in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Format”
4. Select the invoice format that you want to use or you can create your own format by clicking on “New”
5. You can now customize the format by adding or removing fields, changing the layout, and adding branding elements like company logo.
6. Press Enter to save the changes.

Once you have saved the changes, the new invoice format will be used for all future invoices.

In addition to this, you can also customize the invoice template by adding your company logo and other branding elements.

It’s important to ensure that the invoice format is accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements.

51. How to print GST rate in tally invoice?

In Tally Prime, you can print the GST rate on invoices by configuring the invoice format to include the GST rate field. Here are the steps to print the GST rate on invoices in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Fields”
4. Select the “GST Rate” field from the list of fields.
5. Press Enter to save the changes.

Once you have configured the GST rate field to be printed on the invoice, it will be displayed on the invoice along with the other fields like item name, quantity, rate, etc.

You can also customize the invoice format by adding or removing fields, changing the layout, and adding branding elements like company logo, etc.

It’s important to ensure that the GST rate is accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements.

52. How to print HSN code in tally invoice?

In Tally Prime, you can print the HSN code (Harmonized System of Nomenclature) on invoices by configuring the invoice format to include the HSN code field. Here are the steps to print the HSN code on invoices in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Fields”
4. Select the “HSN/SAC” field from the list of fields.
5. Press Enter to save the changes.

Once you have configured the HSN/SAC field to be printed on the invoice, it will be displayed on the invoice along with the other fields like item name, quantity, rate, GST rate, etc.

You can also customize the invoice format by adding or removing fields, changing the layout, and adding branding elements like company logo, etc.

It’s important to ensure that the HSN/SAC code is accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements. Also, you need to make sure that you have entered the correct HSN/SAC code for each item in the inventory master, this will automatically reflect in the invoice.

53. How to change tax invoice name in tally prime?

In Tally Prime, you can change the name of the tax invoice by configuring the invoice format. Here are the steps to change the name of the tax invoice in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Format”
4. Select the invoice format that you want to use or you can create your own format by clicking on “New”
5. Go to the “Header” section and find the field “Tax Invoice”
6. Change the name to your desired name (e.g. “Sales Invoice”, “Proforma Invoice”, etc.)
7. Press Enter to save the changes.

Once you have saved the changes, the new name will be used for all future invoices.

You can also customize the invoice format by adding or removing fields, changing the layout, and adding branding elements like company logo, etc.

It’s important to ensure that the invoice format is accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements. Also, you need to make sure that the name of the invoice is as per the legal compliance, you may need to consult with the tax advisor for this.

54. How to print consignee details in tally prime?

In Tally Prime, you can print consignee details, such as the name and address, on invoices by configuring the invoice format to include the consignee fields. Here are the steps to print the consignee details on invoices in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Fields”
4. Select the “Consignee Name” and “Consignee Address” fields from the list of fields.
5. Press Enter to save the changes.

Once you have configured the Consignee Name and Consignee Address fields to be printed on the invoice, it will be displayed on the invoice along with the other fields like item name, quantity, rate, GST rate, etc.

You can also customize the invoice format by adding or removing fields, changing the layout, and adding branding elements like company logo, etc.

It’s important to ensure that the consignee details are accurate and up-to-date to ensure that the invoices are legible, accurate and comply with the legal requirements. Also, you need to make sure that you have entered the correct consignee details for each invoice, this will automatically reflect in the invoice.

55. How to print logo in tally prime?

In Tally Prime, you can print your company logo on invoices by configuring the invoice format to include the logo. Here are the steps to print the logo on invoices in Tally Prime:

1. Go to Gateway of Tally > F12: Configure > Invoice
2. Select “Print”
3. Select “Print Format”
4. Select the invoice format that you want to use or you can create your own format by clicking on “New”
5. Go to the “Header” section.
6. Click on “Logo” button, it will open a window where you can select the logo from the file or you can also add the logo by browsing the file.
7. Press Enter to save the changes.

Once you have added the logo, it will be displayed on the invoice along with the other fields like item name, quantity, rate, GST rate, etc.

You can also customize the invoice format by adding or removing fields, changing the layout, and adding branding elements like company logo, etc.

It’s important to ensure that the logo is of the appropriate size, format and resolution to ensure that it is legible when printed.

56. Chapter-18. E-way bill process in tally prime

An e-way bill is an electronic document that is required to be generated for the transportation of goods worth more than a certain value in India. The e-way bill system is implemented by the Indian government to streamline the process of tracking the movement of goods and ensure compliance with GST regulations.

In Tally Prime, you can generate e-way bills for the transportation of goods by following these steps:

1. Go to Gateway of Tally > Sales Voucher > E-Way Bill
2. Select the invoice for which you want to generate the e-way bill.
3. Enter the vehicle number, transportation details, and other required information.
4. Press Enter to generate the e-way bill.

Once the e-way bill is generated, you will receive a unique e-way bill number, which can be used to track the movement of goods and ensure compliance with GST regulations.

You can also generate the e-way bill from the GST portal and then upload the e-way bill details in Tally Prime by going to Gateway of Tally > Sales Voucher > E-Way Bill > Upload.

It’s important to ensure that the e-way bill details are accurate and up-to-date to ensure compliance with GST regulations, and also to keep a track of the movement of goods.

57. How to enable e way bill in tally prime?

In Tally Prime, you can enable e-way bill generation by configuring the GST settings. Here are the steps to enable e-way bill generation in Tally Prime:

1. Go to Gateway of Tally > F11: Features > Statutory & Taxation
2. Select GST
3. Set “Enable e-Way Bill” to “Yes”
4. Press Enter to save the changes.

Once you have enabled e-way bill generation in Tally Prime, you will be able to generate e-way bills for the transportation of goods by following the process i described in my previous message.

It’s important to ensure that the GST settings are configured correctly to ensure compliance with GST regulations, and also to keep a track of the movement of goods.

Also, you need to make sure that you have registered for e-way bill on the GST portal, only then you will be able to generate e-way bill from Tally Prime.

58. How to make e way bill in tally prime?

In Tally Prime, you can generate e-way bills for the transportation of goods by following these steps:

1. Go to Gateway of Tally > Sales Voucher > E-Way Bill
2. Select the invoice for which you want to generate the e-way bill.
3. Fill the required details like vehicle number, transportation details and other required information, the details like GSTIN, State code and Place of supply will be automatically filled from the invoice details.
4. Press Enter to generate the e-way bill.

Once the e-way bill is generated, you will receive a unique e-way bill number, which can be used to track the movement of goods and ensure compliance with GST regulations.

You can also generate the e-way bill from the GST portal and then upload the e-way bill details in Tally Prime by going to Gateway of Tally > Sales Voucher > E-Way Bill > Upload.

It’s important to ensure that the e-way bill details are accurate and up-to-date to ensure compliance with GST regulations, and also to keep a track of the movement of goods.

Make sure that you have enabled e-way bill generation in Tally Prime as described in my previous message and also registered on the GST portal for e-way bill before generating e-way bill in Tally Prime.

59. How to generate e way bill in tally prime?

In Tally Prime, you can generate e-way bills for the transportation of goods by following these steps:

1. Go to Gateway of Tally > Sales Voucher > E-Way Bill
2. Select the invoice for which you want to generate the e-way bill.
3. Fill the required details like vehicle number, transportation details, and other required information. The details like GSTIN, State code, and Place of supply will be automatically filled from the invoice details.
4. Press Enter to generate the e-way bill.

Once the e-way bill is generated, you will receive a unique e-way bill number, which can be used to track the movement of goods and ensure compliance with GST regulations.

It’s important to ensure that the e-way bill details are accurate and up-to-date to ensure compliance with GST regulations, and also to keep a track of the movement of goods. Also, you need to make sure that you have enabled e-way bill generation in Tally Prime and registered on the GST portal for e-way bill before generating e-way bill in Tally Prime.

You can also view, edit or cancel the e-way bill generated in Tally Prime by going to Gateway of Tally > Sales Voucher > E-Way Bill > View/Edit/Cancel.

60. Chapter-19. E-invoice process in tally prime

An e-invoice is an electronic invoice that is generated and exchanged between businesses in India to comply with the e-invoicing system implemented by the Indian government. It is a digital version of a traditional invoice that is generated and exchanged through a secure and standardized electronic format.

In Tally Prime, you can generate and exchange e-invoices by following these steps:

1. Go to Gateway of Tally > Sales Voucher > Invoice
2. Create a new invoice by filling in the required details such as customer information, item details, and GST rates.
3. Once the invoice is created, you can validate it by going to Gateway of Tally > Sales Voucher > Invoice > Validate e-Invoice.
4. After validation, you can generate the e-invoice by going to Gateway of Tally > Sales Voucher > Invoice > Generate e-Invoice.

You can also view and download the e-invoice by going to Gateway of Tally > Sales Voucher > Invoice > View e-Invoice

It’s important to ensure that the e-invoice details are accurate and up-to-date to ensure compliance with e-invoicing regulations. Also, you need to make sure that you have registered for e-invoice on the IRP (Invoice Registration Portal) and obtained the e-invoice registration number (IRN) and QRCode before generating e-invoice in Tally Prime.

61.How to enable e invoice in tally prime?

In Tally Prime, you can enable e-invoice generation by configuring the e-invoice settings. Here are the steps to enable e-invoice generation in Tally Prime:

1. Go to Gateway of Tally > F11: Features > Statutory & Taxation
2. Select E-Invoicing
3. Set “Enable E-Invoicing” to “Yes”
4. Press Enter to save the changes.

Once you have enabled e-invoice generation in Tally Prime, you will be able to generate e-invoices for your sales transactions by following the process I described in my previous message.

It’s important to ensure that the e-invoice settings are configured correctly to ensure compliance with e-invoicing regulations and also, you need to make sure that you have registered for e-invoice on the IRP (Invoice Registration Portal) and obtained the e-invoice registration number (IRN) and QRCode before generating e-invoice in Tally Prime.

Also, you can configure the e-invoice settings by going to Gateway of Tally > F12: Configure > E-Invoicing and you can enter the IRN, QRCode and other required details.

62. How to generate e invoice in tally prime?

In Tally Prime, you can generate e-invoices for your sales transactions by following these steps:

1. Go to Gateway of Tally > Sales Voucher > Invoice
2. Create a new invoice by filling in the required details such as customer information, item details, and GST rates.
3. Once the invoice is created, you can validate it by going to Gateway of Tally > Sales Voucher > Invoice > Validate e-Invoice.
4. After validation, you can generate the e-invoice by going to Gateway of Tally > Sales Voucher > Invoice > Generate e-Invoice.

It’s important to ensure that the e-invoice details are accurate and up-to-date to ensure compliance with e-invoicing regulations. Also, you need to make sure that you have enabled e-invoice generation in Tally Prime and registered for e-invoice on the IRP (Invoice Registration Portal) and obtained the e-invoice registration number (IRN) and QRCode before generating e-invoice in Tally Prime.

You can also view, edit, or download the e-invoice by going to Gateway of Tally > Sales Voucher > Invoice > View e-Invoice

It’s important to ensure that the e-invoice details are accurate and up-to-date to ensure compliance with e-invoicing regulations, and also to keep a track of the generated e-invoice.

63. Chpater-20. Outstanding management in tally prime

In Tally Prime, you can manage outstanding payments by using the “Outstanding Reports” feature. Outstanding Reports in Tally Prime allow you to track unpaid invoices and payments that are due from customers, vendors, and other parties. Here are the steps to manage outstanding payments in Tally Prime:

1. Go to Gateway of Tally > Display > Statement of Accounts > Outstanding
2. Select the type of report you want to view (e.g. Outstanding Receivables, Outstanding Payables)
3. Select the party or group of parties you want to view the outstanding for
4. Select the period for which you want to view the outstanding
5. Press Enter to view the report

You can also customize the report by adding or removing fields, sorting the data, and applying filters.

The Outstanding report will show the outstanding amount, period of outstanding, and the last transaction date, this will help you to keep a track of the outstanding payments and take the necessary action if needed.

You can also use the feature of Follow-up, this will allow you to set a follow-up date for the outstanding payment, so you can keep track of the due payments and follow-up with the parties if needed.

By using the Outstanding management feature, you can keep track of the unpaid invoices and payments that are due from customers, vendors, and other parties and take the necessary action if needed.

64. How to enable outstanding in tally Prime?

Outstanding management feature is enabled by default in Tally Prime, you don’t need to enable it specifically. You can view outstanding reports by going to Gateway of Tally > Display > Statement of Accounts > Outstanding.

You can then select the type of report you want to view (e.g. Outstanding Receivables, Outstanding Payables), select the party or group of parties you want to view the outstanding for, select the period for which you want to view the outstanding, press Enter to view the report. This report will show the outstanding amount, period of outstanding, and the last transaction date.

It’s important to ensure that your accounting data is accurate and up-to-date to ensure that the outstanding reports are accurate. Also, you need to make sure that you are recording all the transactions correctly to get the correct outstanding amount.

You can also customize the report by adding or removing fields, sorting the data, and applying filters, this will help you to get the exact information you need.

By using the Outstanding management feature, you can keep track of the unpaid invoices and payments that are due from customers, vendors, and other parties and take the necessary action if needed.

65. How to maintain bill wise details in tally prime?

In Tally Prime, you can maintain bill-wise details of your transactions by using the “Bill-wise Details” feature. This feature allows you to track the details of each transaction, such as the invoice number, date, and amount, along with the party details. Here are the steps to maintain bill-wise details in Tally Prime:

1. Go to Gateway of Tally > Accounting Vouchers > Sales/Purchase Voucher
2. On the voucher entry screen, select the “Bill-wise Details” button.
3. Enter the bill number, date, and other details as required
4. Press Enter to save the transaction

You can also use the “Bill-wise Details” feature when creating a new ledger or editing an existing ledger. By doing this, Tally Prime will automatically capture bill-wise details for all transactions associated with that ledger.

You can view the bill-wise details by going to Gateway of Tally > Display > Account Books > Bill-wise Details, this will give you the detailed view of each transaction and the party details.

By using the Bill-wise Details feature, you can keep track of the detailed information of each transaction, such as the invoice number, date, and amount, along with the party details. This will help you to maintain a better record of your transactions and also it will be helpful for auditing and tax compliance purposes.

66. Chapter-21. Cost center in tally prime

In Tally Prime, a cost center is a tool used to classify and track expenses by department, project, or other criteria. It allows businesses to analyze and manage their costs more effectively. Here are the steps to create and use a cost center in Tally Prime:

1. Go to Gateway of Tally > Accounts Info > Cost Centers
2. Create a new cost center by selecting the “New” button and entering the name of the cost center and other details.
3. Assign the cost center to a ledger by going to Gateway of Tally > Accounts Info > Ledgers > Select the ledger > Alter > Cost Center.
4. In the voucher entry screen, select the cost center from the list of cost centers for the transaction.

You can also create sub-cost centers, which are sub-divisions of a main cost center, by using the “New” button and selecting “Sub-cost center” instead of “Cost center” when creating a new cost center.

You can view the cost center wise report by going to Gateway of Tally > Display > Cost Centers > Cost Centerwise Summary/Details. This will show you the expenses incurred under each cost center and allow you to analyze and manage your costs more effectively.

By using the cost center feature in Tally Prime, you can classify and track expenses by department, project, or other criteria and analyze and manage your costs more effectively. This will help you to make better decisions and improve your business’s bottom line.

67. How to enable cost center in tally prime?

Cost center feature is enabled by default in Tally Prime, you don’t need to enable it specifically. You can create and use cost centers by going to Gateway of Tally > Accounts Info > Cost Centers and then following the steps I described in my previous message.

To create a cost center, select the “New” button and enter the name of the cost center and other details. Once you have created the cost center, you can assign it to a ledger by going to Gateway of Tally > Accounts Info > Ledgers > Select the ledger > Alter > Cost Center.

You can then select the cost center from the list of cost centers in the voucher entry screen when making transactions. This will allow you to track expenses by department, project, or other criteria and analyze and manage your costs more effectively.

It’s important to ensure that the cost center information is accurate and up-to-date to ensure that the cost center reports are accurate. Also, you need to make sure that you are using the cost center in all the related transactions.

You can view the cost center wise report by going to Gateway of Tally > Display > Cost Centers > Cost Centerwise Summary/Details. This will show you the expenses incurred under each cost center and allow you to analyze and manage your costs more effectively.

68. How to use cost center for expenses in tally prime?

In Tally Prime, you can use cost centers to classify and track expenses by department, project, or other criteria. Here are the steps to use cost centers for expenses in Tally Prime:

1. Go to Gateway of Tally > Accounts Info > Cost Centers
2. Create a new cost center by selecting the “New” button and entering the name of the cost center and other details.
3. Assign the cost center to the expense ledger by going to Gateway of Tally > Accounts Info > Ledgers > Select the ledger > Alter > Cost Center.
4. In the voucher entry screen, select the expense ledger and the cost center from the list of cost centers for the transaction.

You can also create sub-cost centers, which are sub-divisions of a main cost center, by using the “New” button and selecting “Sub-cost center” instead of “Cost center” when creating a new cost center.

You can view the cost center wise report by going to Gateway of Tally > Display > Cost Centers > Cost Centerwise Summary/Details. This will show you the expenses incurred under each cost center and allow you to analyze and manage your costs more effectively.

By using the cost center feature in Tally Prime, you can classify and track expenses by department, project, or other criteria. This will help you to make better decisions and improve your business’s bottom line.

It’s important to ensure that the cost center information is accurate and up-to-date to ensure that the cost center reports are accurate. Also, you need to make sure that you are using the cost center in all the related transactions.

69. Chapter-22. How to use Inventory in tally prime?

70. How to enable inventory in tally prime?

In Tally Prime, you can use the inventory feature to manage and track your stock levels, costs, and other details related to your products and raw materials. Here are the steps to use inventory in Tally Prime:

1. Go to Gateway of Tally > Inventory Info > Stock Items.
2. Create new stock items by selecting the “New” button and entering the details of the stock item such as name, unit, and opening stock.
3. Set the inventory details such as stock groups, stock categories, units, and godowns.
4. Set the price details such as the rate and the cost of the item.
5. Press Enter to save the new stock item

Once you have created the stock items, you can use them in your sales and purchase transactions.

You can track the stock levels by going to Gateway of Tally > Display > Inventory Books > Stock Summary/Stock Item wise.

You can also generate reports such as stock summary, stock item-wise, stock group-wise and more to have a better understanding of the stock levels, costs, and other details related to your products and raw materials.

It’s important to ensure that the inventory information is accurate and up-to-date to ensure that the inventory reports are accurate. Also, you need to make sure that you are using the inventory in all the related transactions.

By using the inventory feature in Tally Prime, you can manage and track your stock levels, costs, and other details related to your products and raw materials. This will help you to make better decisions and improve your business’s bottom line.

71. Manufacturing in tally prime

Tally Prime provides a comprehensive manufacturing module that allows businesses to manage and track their production processes. This feature enables businesses to manage their bill of materials, production orders, and finished goods inventory. Here are the steps to use the manufacturing module in Tally Prime:

1. Go to Gateway of Tally > Inventory Info > Stock Items
2. Create new finished goods and raw materials stock items by selecting the “New” button and entering the details of the stock item such as name, unit, and opening stock.
3. Set the inventory details such as stock groups, stock categories, units, and godowns.
4. Set the price details such as the rate and the cost of the item.
5. Press Enter to save the new stock item
6. Go to Gateway of Tally > Inventory Info > Bill of Materials
7. Create a new bill of material by selecting the “New” button and entering the details of the finished good, the raw materials required, and their quantities.
8. Press Enter to save the bill of materials
9. Go to Gateway of Tally > Manufacturing > Production Order
10. Create a new production order by selecting the “New” button and entering the details of the finished good, the bill of materials, and the quantity to be produced.
11. Press Enter to save the production order
12. Go to Gateway of Tally > Manufacturing > Job Work Out
13. Create a new job work out order by selecting the “New” button and entering the details of the raw materials sent out for job work and the details of the party to whom the raw materials are sent.
14. Press Enter to save the job work out order

By using the manufacturing module in Tally Prime, you can manage and track your production processes, bill of materials, production orders, and finished goods inventory. This will help you to make better decisions and improve your business’s bottom line.

72. How to set Bill of Materials (BOM) in tally prime?

In Tally Prime, you can set up a Bill of Materials (BOM) to track the raw materials and components required for a specific finished product. Here are the steps to set up a BOM in Tally Prime:

1. Go to Gateway of Tally > Inventory Info > Stock Items
2. Create new finished goods and raw materials stock items by selecting the “New” button and entering the details of the stock item such as name, unit, and opening stock.
3. Set the inventory details such as stock groups, stock categories, units, and godowns.
4. Set the price details such as the rate and the cost of the item.
5. Press Enter to save the new stock item
6. Go to Gateway of Tally > Inventory Info > Bill of Materials
7. Create a new bill of material by selecting the “New” button and entering the details of the finished good, the raw materials required, and their quantities.
8. Press Enter to save the bill of materials

You can also edit or delete existing BOM by selecting the corresponding option.

Once you have set up a BOM, you can use it when creating production orders, and Tally Prime will automatically deduct the required raw materials from your inventory.

It’s important to ensure that the BOM information is accurate and up-to-date to ensure that the inventory reports are accurate. Also, you need to make sure that you are using the BOM in all the related transactions.

By using the BOM feature in Tally Prime, you can track the raw materials and components required for a specific finished product and manage the production process more efficiently.

73. Manufacturing entry in tally prime

In Tally Prime, you can make manufacturing entries to track the production of finished goods using raw materials and components. Here are the steps to make a manufacturing entry in Tally Prime:

1. Go to Gateway of Tally > Manufacturing > Production Order
2. Create a new production order by selecting the “New” button and entering the details of the finished good, the bill of materials, and the quantity to be produced.
3. Select the raw materials from the stock items and enter the required quantity.
4. Press Enter to save the production order.

Once the production order is saved, Tally Prime will automatically deduct the required raw materials from your inventory and add the finished goods to your inventory.

You can also view the production order by going to Gateway of Tally > Display > Manufacturing > Production Order, this will give you the detailed view of the production order and the status of the order.

You can also generate reports such as production order-wise, production register, and more to have a better understanding of the production process and the inventory levels.

It’s important to ensure that the manufacturing entry information is accurate and up-to-date to ensure that the inventory and production reports are accurate. Also, you need to make sure that you are using the manufacturing entry in all the related transactions.

By using the manufacturing entry feature in Tally Prime, you can track the production of finished goods using raw materials and components. This will help you to make better decisions and improve your business’s bottom line.

74. Chapter-23. GST return in tally prime

In Tally Prime, you can file your GST returns using the GST compliance feature. Here are the steps to file your GST returns in Tally Prime:

1. Go to Gateway of Tally > Returns > GST Returns
2. Select the return type (GSTR-1, GSTR-2, GSTR-3) and the period for which you want to file the return.
3. Tally Prime will automatically fetch the details of the transactions that are relevant for the selected return and period.
4. Review the details and make any necessary corrections or changes.
5. Generate the JSON file for the return by selecting the “Generate JSON” button.
6. Use the generated JSON file to file your return on the GST portal.

You can also use the “Auto-populate from Books” feature to automatically fetch the details of the transactions from your books, this will save you time and reduce the chances of errors.

It’s important to ensure that your accounting data is accurate and up-to-date to ensure that the GST returns are accurate. Also, you need to make sure that you are following the GST compliance rules and filing the returns on time.

By using the GST return feature in Tally Prime, you can file your GST returns easily and accurately. This will help you to meet your GST compliance requirements and avoid penalties.

75. HSN details in GSTR-1

In GSTR-1, HSN details refer to the Harmonized System of Nomenclature (HSN) codes that are used to classify goods for GST purposes. These codes are used to identify the nature of the goods being sold and the GST rate applicable to them.

When you file your GSTR-1 return in Tally Prime, you will need to provide the HSN details for all of the goods that you have sold during the period. The HSN details that you need to provide include the HSN code, the total value of the goods sold under that code, and the total tax applicable on those goods.

In Tally Prime, you can view the HSN details for your sales transactions by going to Gateway of Tally > Display > Statutory Reports > GST > GSTR-1. This report will show you the details of your sales transactions, including the HSN code, the total value of the goods sold under that code, and the total tax applicable on those goods.

It’s important to ensure that the HSN details provided in the GSTR-1 return are accurate and up-to-date to ensure compliance with GST regulations.

By providing the accurate HSN details in GSTR-1, you can help the tax authorities to verify the nature of goods and GST rate applicable and also it makes the GST compliance process more efficient.

76. How to generate json file for GSTR-1?

In Tally Prime, you can generate a JSON file for your GSTR-1 return to file it on the GST portal. Here are the steps to generate a JSON file for GSTR-1 in Tally Prime:

1. Go to Gateway of Tally > Returns > GST Returns
2. Select the return type (GSTR-1) and the period for which you want to file the return.
3. Tally Prime will automatically fetch the details of the transactions that are relevant for the selected return and period.
4. Review the details and make any necessary corrections or changes.
5. Select the “Generate JSON” button, this will create the JSON file with the details of the transactions.
6. Save the generated JSON file to your computer
7. Use the generated JSON file to file your return on the GST portal.

It’s important to ensure that your accounting data is accurate and up-to-date to ensure that the GST returns are accurate and the JSON file generated is also accurate. Also, you need to make sure that you are following the GST compliance rules and filing the returns on time.

By generating the JSON file for GSTR-1 in Tally Prime, you can easily file your GSTR-1 return on the GST portal and meet your GST compliance requirements.

77. How to file GSTR-3B in tally prime?

In Tally Prime, you can file your GSTR-3B return using the GST compliance feature. GSTR-3B is a summary return that has to be filed on a monthly or quarterly basis, depending on your GST registration. Here are the steps to file your GSTR-3B return in Tally Prime:

1. Go to Gateway of Tally > Returns > GST Returns
2. Select the return type (GSTR-3B) and the period for which you want to file the return.
3. Tally Prime will automatically fetch the details of the transactions that are relevant for the selected return and period.
4. Review the details and make any necessary corrections or changes.
5. Generate the JSON file for the return by selecting the “Generate JSON” button.
6. Use the generated JSON file to file your return on the GST portal.

You can also use the “Auto-populate from Books” feature to automatically fetch the details of the transactions from your books, this will save you time and reduce the chances of errors.

It’s important to ensure that your accounting data is accurate and up-to-date to ensure that the GST returns are accurate. Also, you need to make sure that you are following the GST compliance rules and filing the returns on time.

By using the GST return feature in Tally Prime, you can file your GSTR-3B return easily and accurately. This will help you to meet your GST compliance requirements and avoid penalties.

78. Chapter-24. TDS in tally prime

In Tally Prime, you can manage and track your TDS (Tax Deducted at Source) using the TDS feature. TDS is a tax that is deducted at the source of income by the person responsible for making the payment. Here are the steps to manage TDS in Tally Prime:

1. Go to Gateway of Tally > Accounting Vouchers > F7: Payment
2. Select the TDS ledger, and enter the details of the payment, including the amount, party’s name, and TDS rate.
3. Press Enter to save the payment

Once the TDS is deducted, you can create a TDS receipt voucher to record the TDS amount paid to the government.

4. Go to Gateway of Tally > Accounting Vouchers > F5: Receipt
5. Select the TDS ledger, and enter the details of the receipt, including the amount, party’s name, and TDS rate.
6. Press Enter to save the receipt

You can also configure TDS in Tally Prime by going to Gateway of Tally > Statutory Info > TDS Info > TDS Masters > New, and set up the TDS rate, TDS Ledger and other details for different types of transactions

You can view the TDS reports by going to Gateway of Tally > Display > Statutory Reports > TDS > Summary/Details. This will show you the details of TDS transactions and the TDS liability.

It’s important to ensure that the TDS information is accurate and up-to-date to ensure that the TDS reports are accurate and you are compliant with the TDS regulations.

By using the TDS feature in Tally Prime, you can manage and track your TDS, stay compliant with TDS regulations and avoid penalties.

79. How to enable tds in tally prime?

In Tally Prime, you can enable TDS (Tax Deducted at Source) by following these steps:

1. Go to Gateway of Tally > Statutory Info > TDS Info
2. Select the TDS Masters option and select the New button
3. A TDS master creation screen appears, where you can set up the TDS rate, TDS Ledger, and other details for different types of transactions
4. Once you have set up the TDS master, you can now enable TDS in your vouchers by selecting the TDS Ledger in the Ledger field of the voucher

You can also configure TDS in Tally Prime by going to Gateway of Tally > Statutory Info > TDS Info > TDS Masters > New, and set up the TDS rate, TDS Ledger and other details for different types of transactions.

It’s important to ensure that the TDS information is accurate and up-to-date to ensure that the TDS reports are accurate and you are compliant with the TDS regulations.

By enabling TDS in Tally Prime, you can ensure that TDS is automatically calculated and deducted from the payments you make, and you stay compliant with TDS regulations, and avoid penalties.

80. How to create tds ledger in tally prime?

In Tally Prime, you can create a TDS (Tax Deducted at Source) ledger by following these steps:

1. Go to Gateway of Tally > Ledgers > Create
2. Select the Group button and select the Duties & Taxes option from the list
3. Select the TDS option from the list of duties and taxes
4. A TDS ledger creation screen appears, where you can enter the TDS ledger name, TDS rate, and other details
5. Press Enter to save the ledger

Once you have created the TDS ledger, it will appear in the list of ledgers in Tally Prime, and you can use it to record TDS transactions.

It’s important to ensure that the TDS ledger information is accurate and up-to-date to ensure that the TDS reports are accurate and you are compliant with the TDS regulations.

By creating a TDS ledger in Tally Prime, you can easily track and manage your TDS transactions and stay compliant with TDS regulations.

81. Rent ledger creation in tally

In Tally Prime, you can create a Rent ledger to track the rent income received from tenants. Here are the steps to create a Rent ledger in Tally Prime:

1. Go to Gateway of Tally > Ledgers > Create
2. Select the Group button and select the Direct Incomes option from the list
3. Select the Rent option from the list of Direct Incomes
4. A Rent ledger creation screen appears, where you can enter the Rent ledger name, Rent rate, and other details
5. Press Enter to save the ledger

Once you have created the Rent ledger, it will appear in the list of ledgers in Tally Prime, and you can use it to record rent transactions.

You can also create different Rent ledgers for different properties or tenants.

It’s important to ensure that the Rent ledger information is accurate and up-to-date to ensure that the Rent reports are accurate.

By creating a Rent ledger in Tally Prime, you can easily track and manage your Rent transactions and have a better understanding of your rental income.

82. How to create tds category in tally prime?

83. TDS entry in tally prime

84. TDS on rent entry in tally prime

85. TDS on salary entry in tally prime

86. TDS entry in tally prime

87. Chapter-25. Tally Data Backup and restore

88. Tally Prime shortcut keys