PALINDIA COMPUTER EDUCATION

LEDGER CREATION
Trial balance as on 31st march 2012

PARTICULARS GROUP DEBIT RS. CREDIT RS.

Add gel pen (India) LTD Sundry creditor -- 18450

Ajanta Emporium Sundry creditor -- 9898

Bank of India Bank A/C 45000 --

Cash Cash in hand 7500 --

Deepak jaiswal Capital -- 150000

Fix deposit with BOB Deposit 25000 --

Flair corporation Sundry creditor -- 8560

Furniture & fixture Fixed asset 45000 --

J.K distributor Sundry debtor 12350 --

Kaushal stationary Sundry debtor 5425 --

Loan from Pranav ghandhi Unsecured loans -- 50000

Modern stationary shop Sundry debtor 8875 --

Natraj (India) LTD Sundry creditor -- 14125

Nidhi enterprises Sundry debtor 14375 --

Office premises Fixed asset 250000 --

Paresh stationary Sundry debtor 35557 --

Petty cash Cash in hand 4300 --

Rohan shah Capital -- 150000

Stock Stock in hand 71718 --

Team loan (BOL) Secured loan -- 100000

Vikas enterprises Sundry creditor -- 24067

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
GATEWAY OF TALLY - ACCOUNTING INFORMATION - LEDGER - CREATE
TRAIL BALANCE
STOCK CREATION
As on 1st April 2012
Product Name Quantity Rate per unit Value
Ruler Group
Plastic Ruler 998 2.00 1996
Steel Ruler 566 12.00 6792
Pencil Group
Natraj Pencil 1200 1.50 1800
Star Pencil 2000 1.00 2000
Notebook Group
100 pages notebook 750 6.50 4875
200 pages notebook 346 12.50 4325
400 pages notebook 125 22.00 2750
School Bag Group
Small Bag 15 250 3750
Large Bag 11 380 4180
Ball Pen Group
Add Gel Pen (Category)
A 240 Smooth Gel 125 25 3125
Pen
A 340 0.5 Gel Pen 325 30 9750
Rotomac Pen (Category)
Fighter Pen 625 12 7500
Striker Pen 125 45 5625
Flair Pen (Category)
Elegance Pen 25 125 3125
Designer Pen 45 225 10125

Total 71718

* For category press (F11) A/C feature - Inventory features - Maintain stock category -
Yes.
* Gateway of tally - Inventory info - (F11) - Inventory features - Stock Group - Units of
measures - Stock Items.
TALLY NOTES
 PALINDIA COMPUTER EDUCATION

PURCHASE ENTRY (F9)

* Important in purchase voucher.
Party Account - under - Sundry Creditors.
Purchase Account - under - Purchase A/C
Create Ledger Account - Press Alt+C
Date Particulars

1/7/12 Purchased 1000 Natraj pencil from Natraj India LTD worth Rs.1200/-
@Rs.1.20/- per unit on credit of 30 days vide Bill No- Pur/jul/26
2/7/12 Purchased 10 Elegance Ball Pen @ 125/- each & 10 Designer Pen
@Rs.225/- each for Rs.3500/- from Flair Corporation vide Bill No-
FC/jul/45
1/8/12 Purchased 10 Qty of 400 pages notebook from Ajanta Emporium
@Rs.25/- each worth Rs.250/- vide Bill No- Pur/12345

2/8/12 Received new stock of A350 0.5 Pens from Add Gel Pen India LTD 300
pcs @Rs. 45/- each from Rs.13500/- vide Bill No-12375

2/10/12 Purchased 150 Rotomac Fighter Pen from Rotomac India LTD @Rs.13/-
each for Rs.1950/- vide Bill No- Pur/jul/7848
11/10/12 Purchased 20 small School Bag from Rajan Distributor @250/- each for
Rs.5000/- vide Bill No-RD/789
1/11/12 Purchased 500 Plastic Ruler @2.25/- each & 100 Steel Ruler @Rs.12/-
each from Satyam Stationary for Rs.2325/- vide Bill No- ss/memo/1051

2/12/12 2000 Star Pencil @Rs.0.75/- for Rs.1500/- purchased from Satyam
Stationary Bill No- ss/memo/1234
1/2/13 Purchased 10 large School Bags @Rs.400/- each for 4000/- from Rajan
Distributors Bill No-0RD/102

1/3/13 Purchased 50 A240 Smooth Gel Pen 25/- each from Add Gel Pen
(India) LTD for Rs.1250/- Bill Np-15475

TALLY NOTES
 PALINDIA COMPUTER EDUCATION

SALES ENTRY (F8)

Important in sales voucher
Party account - under - sundry debtor
Sales account - under - sales account

Date Particulars

2/7/2012 sold 750 natraj pencil @RS.1.50 /- each 1000 star pencil @1.20/-
each to kaushal stationary for RS.2325/-vide Bill No .Sal /1235/12-
13
1/8/2012 2o no’s elegance ball pen @RS.160 /- each sold to j.k.distributor
vide Bill No. Sal/1236/12-13
2/8/2012 Sold 5 units of 400 pages notebook RS.7/- each for RS.850/- to
modern stationary shop vide Bill No. Sal/1237/12-13
11/9/2012 Sold 15 units small school bag @RS.315/- each for RS.4725/- vide
Bill No. Sal/1238/12-13 To VIRAR SATIONARY
2/10/2012 Sold 400 no’s fighter pen @RS.15/-each and 50 striker pen
@RS.50/- each to J.K.DISTRIBUTOR RS.8500/- vide Bill
No.SDL/1239/12-13

7/10/2012 Sold 850 units plastic ruler @RS.2.25 each and 466 steel ruler
@RS .14/- each to kaushal stationary for RS.8436.50/- vide Bill
No.sal/1240/12-13
8/10/2012 Sold 1000 star pencil @RS.1.20/- each to kaushal stationary for
RS.1200/- vide Bill No. Sal/1241/12-13

9/10/2012 Sold 300 units for A340 0.5 add gel pen to NIDHI Enterprises
@RS.60/- for RS.18000/- vide Bill No .Sal/1242/12-13

10/10/2012 Sold 150 units of 200 pages notebooks to Modern Stationary shop
@RS.15/- for RS.2250/-vide Bill No.sal/1243/12-13
11/10/2012 Sold 20 designer pen @RS.250/- each to J.K.Distributor for
RS.5000/- vide Bill NO.sal/1244/12-13

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
PAYMENT (F5)
Important in payment voucher
Party account Name - under- sundry creditors
Wages -under-Direct Expenses
Salary, office expense, conveyance, Tea&Refreshment-under-indirect expense

SR.NO Particulars
1. Paid advance by cheque to Globe Ltd. Of Rs.14125/-

2. Salary of Rs.2500 /- paid by cheque No.755945 and wages

Of 2000/- by cash

3 Paid to Ridhi Enterprises a sum of Rs.8560 /- as previous

Due by cheque No-765933

4. Issued cheque No. 765950 of Rs.12500/- to add gel pen

India Ltd. as a part payment again Bill No-12375

5 Loan of Rs.25000/- Required to Pranav Gandhi by cheque

No-765947

6. Issued cheque No.765943 of Rs.1200/- to natraj India Ltd.

Against Bill No- FC/jul/45

7. Paid Rs.1500/- for repairing of office chairs included in

Office expenses by petty cash.

8. Paid cash Rs.9898/- to Ajanta Emporium on account.

9. Paid parag for railways pass conveyance of Rs.560/- by

Petty cash.

10. Paid Rs. 490/- by petty cash to Laxmi tea shop for
Tea and Refreshment.

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
RECEIPT ENTRY (F6)

Date Particulars
2/7/2018 Received Rs.10250/- in cash from j.k.Distributor(on A/C)

2/7/2018 Received cheque of Rs.2325/- from kaushal stationary

against Bill No.sal/1235/12-13 vide cheque No-891452.

2/8/2018 Received cheque of Rs.5452/- from kaushal stationary

vide cheque No-42044.

1/9/2018 Capital introduced by Rohan shah of Rs.50000/- in cash.

2/9/2018 Received Rs.3200/- from J.K.Distributor for Bill

No-Sal/1236/12-13.

2/10/2018 Received Rs.14375/- from Nidhi Enterprises as full

payment of previous Bill by cheque No-123048(on A/C).

1/12/2018 Received cheque of Rs.8500/- from J.K.Distributor for

Bill No-Sal/1239/12-13.

2/12/2018 Received cash Rs.850/- from Modern Stationary shop

Bill No-Sal/1237/12-13.

2/2/2019 Received cash Rs.18000/- against Bill No-Sal/1242/12-

13 in the name of Nidhi Enterprises.

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
CONTRA ENTRY (F4)
Date Particulars
1/8/2018 Cash transferred to petty cash Rs.1500/-

2/8/2018 Cash deposited in the Bank Of India worth Rs.40000/-

3/8/2018 Cash withdrawn for petty cash Rs.2000/-from Bank Of

India vide cheque No-765960

4/8/2018 Cash deposited in Bank worth Rs.10000/-

5/8/2018 Open cash new account in Bank Of Baroda amount

transferred from Bank Of India worth Rs.10000/-vide
cheque No-765967

How to create petty cash voucher

1. Create ledger of petty cash under
2. Go to account info →voucher →create →petty cash →under→ payment
3. Then go to account voucher → press F5 → select petty cash and pass the
entry

Example
Dr .Tea expense 85 --
Dr. Xerox expense 78 --
To petty cash -- 163

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
JOURNAL ENTRY (F7)

Date particulars
1/8/2018 Credit note raised for return of 350 plastic ruler
@2.25/- each by kaushal stationaries against Bill No-
Sal/1240/12-13
2/8/2018 Debit note raised for 1000 star pencil @ Rs. 0.75/-
each to stayarn stationaries of Bill No
-ss/memo/1051
3/8/2018 Charge 10% depreciation on furniture and fixture

For Activation Debit/Credit note

Press (F11) company features →account features →use DR. /CR. Note
→yes →use debit note in invoice mode yes →use credit note in
invoice mode →yes .

Credit note →sales return (short cut key-- ctrl+F8)

Debit note → purchase return (shortcut key-- ctrl+F9)

Gateway of tally→ accounting voucher→Press F11→ Ctrl+F8→

Ctrl+v →entry →F7.

10% depreciation → under →indirect expense

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
MULTIPLE GODOWNS / LOCATION
Activate multiple godowns
Press (F11) company features →inventory features →maintain multiple
godowns → yes.
Create godowns
Go to → Inventory info godowns →create name → borivali, andheri.
(Under--- primary)

STOCK JOURNAL/PHYSICAL STOCK

Date Particulars
1/9/2012 10 large bag shifted to andheri from main location

1/11/201 25 small bag shifted from main location to borivali

2/11/2012 100 No’s of 200 pages notebook shifted from location to

andheri goon 65 No’s & borivali godowns 35 No’s

3/11/2012 19 small bag shifted from borivali to andheri

2/12/2012 65 books of 200 pages notebook shifted from andheri to

borivali
31/12/2012 At the end of year it was founds that 200 pages
notebook were 196 pcs. Large school bag were 21 pcs.
Only

Gateway of tally→Acc voucher→Alt+F7→ last entry→Alt+F10

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
ORDER PROCESSING AND TRACKING NUMBER

Press (F11) → Company features →inventory features.

Allow purchase order processing → yes
Allow sales order processing → yes
Use tracking no (delivery / receipt) → yes
Use rejection inward /outward note → yes

Date Particulars
2/9/2012 Sales order received dated 01/09/2012 from
J.K.Distributor of 400 fighter pens Rs.15/- each
to be delivered in 15 days, vide order No.
Ord/12345
2/9/2012 Purchased order placed with rotomac India Ltd.
For 150 rotomac fighter pens @Rs.13/- each to
be delivered as early as possible ,vide order
No.pur/456

1/10/2012 Goods sent from borivali godown to

J.K.Distributor against order No.ord/12345
(tracking no.AB012)

2/10/2012 New order received from kaushal stationaries for

1000 star pencil @Rs.1.20/- each to be
delivered in 30 days ,vide order .Sal/789

2/10/2012 Received 150 rotomac fighter @Rs.13/- from

rotomac India Ltd .on the same day ,vide order
No.pur
(tracking No.xyz/23)

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
GST (GOODS SERVICE TAX)
How to create GST
Click F11 company features →statutory And taxation → enable goods
and service tax →yes →set /alter GST details →yes

GST details
State : - Maharashtra
Registration : - Regular
GST in /UIN : - 27AAAAA 12345 A1Z5
Application form : - 1 sep 2018
Set/ Alter GST Rate details: - yes

HSN /SAC details

Description :-
HSN/SAC :-
Tax details :-
Taxability : - taxable
IS reserve charge application : - no
Tax type Rate
Integrated tax 10%
Central tax 5%
State tax 5%
Cess 0%
Enable GST classification: - NO
Accounting voucher (entry)
Purchase ledger → Alt+c

TALLY NOTES
 PALINDIA COMPUTER EDUCATION
Name: - maha purchase 10%
Under: - purchase A/c
Is GST applicable: - Applicable
Set Alter GST details: - yes
Maha purchase: - 10%

Nature of transaction :-purchase taxable

Tax type : - Rate
Integrated tax : - 20%
Central tax : - 10%
State tax : - 10%
Types of supply → Goods

Go to the amount then click Alt+c

Name: - input cgst 10%
Under: - duties and taxes
Types of duties /tax: - GST
Tax type: - central tax
Percentage of calculation: - 20%

TALLY NOTES