Showing posts with label purchase voucher. Show all posts
Showing posts with label purchase voucher. Show all posts

Wednesday, July 6, 2011

Tally 9 with ERP

I have started working on Tally 9 with ERP.  Having worked on Tally 5 before this, version 9 works like a dream.  This is much more user friendly and easy to work with.  One single example i can give regarding the difference between 2 versions is....In version 5, while doing purchase or sales voucher, i had to key in purchase value and also the respective VAT, but in version 9, i am only required to put in the sales or purchase value, the VAT is automatically calculated by Tally....simple isnt it?

Wednesday, June 8, 2011

Purchase voucher continued (12.5 and 4%)

I did purchase vouchers for 12.5 and 4 %.

The entries were:

Purchase -4% a/c dr
Input      -4%  a/c dr
cess (1% of input value) a/c dr
                                              To sundry creditor

Similarly for 12.5%

Purchase a/c dr 12.5%
Input - 12.5% a/c dr
cess a/c dr (1%of input value)
                                              To sundry creditors

To copy previous narration in the end, use Control + R.

Saturday, June 4, 2011

Purchase voucher


I was given a file related to purchases by a client firm in the year 2009-2010.  I had to create a purchase voucher in Tally 5.4 and enter only those purchases which had 0% VAT.  Religious books and candles attract 0% tax, so I had to study the bills and watch out for only those where books or candles were purchased.  It was kind of easy.  My instructor (Elsie Mam) told me the other rates of tax were 4 and 12.5% and she would guide me one by one on how to go about them too.  While creating purchase vouchers, I was asked to look out for TIN (tax identification number) of the creditors and to enter the same while creating the voucher. TIN numbers are 11 digit numbers given by Kerala Government to each and every registered establishments.

Also, I was asked to use the right side of the keyboard for all numeric entries as one can get data entered quickly using that side.

The four hours just flew by..........