TALLY PRIME PRACTICAL ASSIGNMENT

INTRODUCTION
Tally is computerized accounting software.
An Indian company has developed Tally; whose Head Office is in Bangalore.
Tally 4.5 (DOS based) [1988]
Tally 5.4 [2000]
Tally 6.3 [2001] release 1.1, 1.2, 1.3, …………. 1.7, 1.9, 2.1, 3.0 [IES]
Tally 7.2 [3rd March 2005] release 1
Tally 8.1 [2006]
Tally 9.0 [2007]
Tally ERP9.
Tally Prime
VARITIES OF TALLY
Tally Silver (Single & Multiple User)
Tally Gold (Single & Multiple User)
Educational Mode

GOLDEN RULES OF ACCOUTING

Personal A/c = DR (Receiver) CR (Giver)
Real A/c = DR (What comes in) CR (What goes out)
Nominal A/c = DR (All Exp / Loss) CR (All Profits / Gains)

Company Creation
Name INFOCITY TECHNOLOGY PVT. LTD
Mailing Name INFOCITY TECHNOLOGY PVT. LTD
Address Office No. 18, Apollo House, S. V. Road, Mumbai
Statutory compliance for India
State Maharashtra
Pin code 400 024
E-Mail Address [email protected]
Currency Symbol `
 ACCEPT THE OTHER INFORMATION
 CTRL+A – TO ACCEPT ANY SCREEN IN TALLY
 CTRL + D – TO DELETE
 YOUR FINANCIAL YEAR FORM WILL BE 1ST APRIL OF THE PERIOD IN WHICH THE BUSINESS IS
INCORPORATED.
 BOOK BEGINNINGS FROM WILL BE THE EXACT STATE ON WHICH THE BUSINESS WAS COMMENCED.

 ALT+K – TO OPEN COMPANY INFORMATION

 ALT + F3 – TO SELECT CREATED COMPANY
 ALTER – CHANGES IN CREATED SCREEN
 CTRL + F3 – TO SHUT COMPANY.
 F3 (CHANGE) – TO SWITCH BETWEEN 2 OR MORE COMPANY
 TALLY PRIME PRACTICAL ASSIGNMENT
LEDGER CREATION
Trial balance as on 31st march
Particulars Group Debit (`) Credit (`)
Alfatech Solution Sundry Creditors 124360.00
Trishul software solution Sundry Creditors 17200.00
Silver tech pvt ltd. Sundry debtors 174200.00
Cash Cash in Hand 34000.00
Axis Bank ltd. Bank account 125780.00
Fix Deposit in SBI Deposit (assets) 100000.00
HDFC loan Secured loan 175000.00
Office Premises Fixed Assets 499045.00
Solution system Sundry creditors 344500.00
Petty cash Cash in hand 8400.00
Media peripherals pvt ltd. Sundry creditors 514340.00
Digilite computers Sundry debtors 54120.00
Best IT world (India) ltd Sundry creditors 90400.00
Rajiv kapoor Capital account 300000.00
Outstanding salary Current liability 18500.00
Profit and loss account Primary 48500.00
Service tax payable Duties and taxes 5490.00
TDS on professional Duties and taxes 90000.00
charges
Vat payable Duties and taxes 12000.00
Raj technology Sundry debtors 119000.00
Loan from bharat shah Unsecured loan 100000.00
Furniture and fixture Fixed assets 225000.00
Stock in hand Stock in hand 684045.00
Sanjeev malhotra Capital account 450000.00
Silver line infotech pvt ltd Sundry debtors 26700.00
World tech (India) ltd Sundry debtors 240000.00
Total 2290290.00 2290290.00

GATEWAY OF TALLY  MASTERS CREATE  LEDGER

 28 groups are pre-defined out of which 15 are primary groups & 13 are secondary groups
 2 predefined ledgers are also available i.e.: cash & profit & loss a/c
 24 voucher types are present in your company.
 TALLY PRIME PRACTICAL ASSIGNMENT

STOCK CREATION
Stock group: They are helpful in the classification of stock item. It enables you to locate stock item easily
and report their details in statement.

Units of measures: It is use to count or measure the stock items. This is most important option without
which the inventory feeding in tally remains incomplete. E.g.: nos, pcs, kg liter, etc.
Stock item: These are the final inventory items which are created under the head stock group. These
cannot be further classified into smaller or different items.
 To create inventory master in Tally Prime : Go to Gateway of Tally  Master  Create – in this
screen we can create all inventory master like Stock Group, Stock Item, Units, Stock Category,
Godown/Location

Opening Stock

Product Name Qty Rate per Value

Unit
Processor
Dual Core 2.93 GHz 5 4300 21500
Core 2 Duo 3.2 GHz 6 6150 36900
Core i3 3.20 GHz 5 7290 36450
Core i5 3.30 GHz 3 12730 38190
Core i7 3.40GHz 5 20280 101400

RAM
2GB Zion DDR3 10 1430 14300
4GB Zion DDR3 11 2860 31460
8GB Zion DDR3 9 4320 38880

Hard disk
Seagate 500GB 5 4951 24755
Seagate 1TB 8 5860 46880
Toshiba 500GB 8 5120 40960
Toshiba 1TB 5 5930 29650

Mother board Intel

Intel H61 10 5580 55800
Intel G41 11 5160 56760

Asus
Intel Chipset H61 10 5230 52300
Intel Chipset G41 11 5260 57860

Total 684045
 TALLY PRIME PRACTICAL ASSIGNMENT

Purchase Entry [F9]

Purchase voucher is used to record the purchase transactions of the company.
CTRL + H Key is used to toggle between Voucher mode and Invoice mode.

Date Particulars
01.04 Purchased 10 Intel H61 Motherboard from Solution System worth Rs.60000/- @ `.6000/-
per unit on Credit of 30 days vide Bill.No.SS/APR/48.
02.04 Purchased 5 DDR3 2GB RAM @ 1450/- each & 10 DDR3 4GB RAM @ 2860/- each for
`.35850.00 from Alfa tech Solution vide Bill.no.AS/APR/231.
01.05 Purchased 3 units of Core 2 Duo Processor 3.2ghz Best IT World (India) Ltd. @ `.6150/- each
worth Rs.18450/- vide Bill.No.1234/17-18.

01.05 Purchase 2 Intel H61 Motherboard From Trishul Software Solution @ `.6000/- each for
`.12000.00 vide Bill.No.3775/17-18.
31.05 Purchased 5 Seagate Hard disk 500GB from Ace Computers @ Rs.5000/- each for `.25000/-
vide Bill.No.786/17-18.
01.06 Purchased 4 Toshiba 1 TB from Alfatch Solution@ `.5930/- each for Rs.23720/- vide Bill. NO.
SAL/JUL/7842
01.07 Purchased 6 DDR3 8GB RAM @ Rs.3800 each & 12 DDR3 4GB RAM @ `.2500/- each from
Solution System for Rs.52800/- vide Bill.No.SS/MEMO/1051.
02.07 10 Intel Chipset H61@ `.5400 for Rs.54000 purchased from Solution System vide
Bill.No.SS/MEMO/1234
01.08 Purchased 5 Dual Core 2.93 GHZ @ `.4000/- each for Rs.20000/- from Media peripherals Pvt.
Ltd vide Bill No. RD/1025.
01.09 Purchased 60 Multimedia Keyboard @ Rs.315/- each and 50 Optical Mouse @ `. 225/- from
Alfatech Solution for Rs.30150 /- vide Bill.No.15475. (Stock Item under Group Peripheral
)
01.03 Purchase 10 ATX Cabinet @ 1150/- Each And LG DVD Writer 5 @
`. 1050/- From Radigton India Ltd of Rs. 16750/- Vide Bill No. RIL/1440 (Stock Item under
Group Peripheral )

REPORTS:

 To view Purchase Register Press ALT+G Go to option from gateway of Tally Prime and type Purchase
Register.
 To view All the entries, go to: Gateway of Tally – Transaction – Daybook – Press ALT+F2 & give
period.
 TALLY PRIME PRACTICAL ASSIGNMENT

Sales Entry [F8]

 Sales voucher is used to record the sales transactions of the company.
 We can set Bill Nos. in tally in 2 ways: Manually and Automatic.
 To set bill.no manually or automatic go to: Gateway of Tally – Master – alter – Voucher Type –
Sales.
1. Method of voucher numbering - Automatic.
2. Use advance configuration – YES
3. Set the details of the bill/invoice

Date Particulars
Sold 50 Seagate 500GB @ Rs.5000 each, 20 Seagate 1TB @ `.5860 each to Prompt
01.04 Computers. Ltd for Rs.367200.00 vide Bill No.SAL/1201/17-18 for Credit period of 30 Days.

20 Dual Core 2.93 GHz @ `.4500/- each sold to Digilite Computers vide Bill No.SAL/1202/17-
01.04 18 for rs.90000.00
Sold 5 unit of Intel H61 Rs.5580/- each, 3 Unit of Intel G41 @ `. each for Rs.5160/- to World
01.05 Tech (I) Ltd for Rs 43380 vide Bill No.SAL/1203/17-18
Sold 5 DDR3 RAM 4GB @`.3150/- each for Rs.15750/- vide Bill No.SAL/1204/17-18 to Digilite
02.05 Computers.
10 Multimedia Keyboard @ `.350/- each & 12 Optical Mouse Rs.235/- each to Raj Technology
01.06 for Rs.6320/- vide Bill No.SAL/1205/17-18.
Sold 8 Intel H61 Mother Board @ `. 5560/- each & 4 Intel G41 @ Rs.5200/- each to Silver
01.08 Tech Pvt. Ltd. for Rs.65280/- vide Bill No.SAL/1206/17-18
Sold 5 Core i3 3.20 GHz Processor @ `.4550 each to Mass Computers for Rs.22750/- vide Bill
01.09 No.SAL/1207/17-18.
Sold 8 Intel Chipset H61 to Prime Enterprise @`.5410/- each for Rs.43280/- vide bill
01.10 No.SAL/1208/17-18.
Sold 3 units of Intel Chipset G41 to Supreme InfoTech @ `.4950/- for Rs.14850/- vide Bill
01.01 No.SAL/1209/17-18.
Sold 20 Intel H61@ Rs.5160 /- each to Raj Technology for `.103200 /- vide Bill No.
02.02 SAL/1210/17-18.

REPORTS:

 To view Purchase Register Press ALT+G Go to option from gateway of Tally Prime and type Sales
Register.
 To view All the entries, go to: Gateway of Tally – Transaction – Daybook – Press ALT+F2 & give
period F4 select sales.
 TALLY PRIME PRACTICAL ASSIGNMENT

Receipt Entry [F6]

Receipt entry is used to records vouchers for cash or cheque received from debtors against sales invoice or
any other type of income received.
You can use either single entry or double entry mode which can be activated or deactivated by pressing
key CTRL + H for change mode in Tally Prime

Date Particulars
02.04 Received `.103200/- in cash from Raj Technology.
02.04 Received Cheque of `.14850 /- from Supreme InfoTech against Bill.No.SAL/1209/17-18 vide
Cheque No.891452.
02.05 Received Cheque of `.43380/- from World Tech (vide Cheque.No.420246.

01.06 Capital introduced by Sanjeev Malothra of `.175000/- in Cash.

02.08 Received `.367200/- from Promot Computers of Bill.No.SAL/1236/17-18 wide cheque no
124189
02.09 Received `.90000/- from Digilite computers as Full Payment of previous bill by
Cheque.123049.
01.10 Received a cheque of `.43280/- from Prime Enterprises for Bill.No.SAL/1239/17-18.vide
Cheque.No.123048.
01.11 Received Cash `.6320/- from Raj Technology for Bill.No.SAL/1237/17-18.

01.12 Interest Cheque Deposited in Axis Bank received from Fix Deposit with SBI Bank of
`.11000/- Cheque No.587496
02.01 Received Cash Rs.22750/- against Bill.No.SAL/1242/17-18 in the name of Mass Computer

01.02 Advance Amount of `.15000/- received from Brintel Computers our new Customer.
(Ref.REC/Sal/41)
01.03 Received Rent of `. 22000/- in cash from bharat shah
02.03 Commission of `. 10000/- Received in cash from Agencies.

For Receipts & Payments the reference can be Against, On Account or Advance.
 If receipts & payments are against a particulars specified bill, then select Against Reference select
the Bill to be settled.
 If receipts & payments occur in lump sum without knowing against which bill the receipts &
payments is done, then select On Account.
 If receipts payments are received / paid in advance, then select Advance & specify a Bill No.

REPORTS:
 To view All the entries, go to: Gateway of Tally – Transaction – Daybook – Press ALT+F2 & give
period F4 select receipt.
 To view Outstanding Go to: Display – Statements of Accounts – Outstanding – Receivables. [D-S-O-
R]
 To view All the entries, of Receipt of Cash & Bank: Display – Accounts Book – Cash / Bank Book.
[D-A-C]
 TALLY PRIME PRACTICAL ASSIGNMENT
Payment Entry [F5]
 Receipt entry is used to records vouchers for cash or cheque paid to Creditors against purchase
invoice or any other type of expense incurred. EG.: Salary, Conversance, Staff welfare or any other
office expenses.
 You can use either single entry or double entry mode which can be activated or deactivated by
pressing key CTRL + H for change mode in Tally Prime

Date Particulars
01.04 TDS on professional charges of last month paid by Axis Bank Ltd[Cheque No.765941]

02.07 Paid by Cheque to Solution System. The due of Rs.60000/- by Cheque.No.765938.

02.07 Paid Cash `.6150/- to Best IT World India.

01.08 Salary Paid by Cheque of Rs.15000/- vide Cheque.No.765945, Wages paid by cash Rs.10000/-.

02.08 Paid cash to Krishna tea Snacks `.1000/-.from Petty Cash.(Staff Welfare Expenses)

01.09 Loan worth `. 50000/- repaid to Bharat Shah by Cheque.No.765947.

01.09 Issued Cheque to Ace Computer of `.25000 /- against Invoice.No.786/17-18
(Cheque.no.765950.) & cash to Alfatech Solution of `.30150 /- against Invoice 15475.

02.10 Issued a Cheque of Rs.10000/- as a part payment against bill of Rs.20000/- vide Bill.No.12375
of Media Peripherals Pvt. Limited vide Cheque.no.765951.

01.11 Paid Solution System a sum of `.54000/- as previous due by Cheque.no.765953.

02.01 Paid for Conveyance to Sanjay as Railway Pass of `.750/- by Petty Cash.(Conveyance
Expenses)
02.02 Paid `.12500/- as Repairing of Office Chair included in Office Expenses by Petty Cash.
(Repairing Expenses)
01.03 Purchased Furniture worth`. 25000/- from Asia Plywood [Cheque No.765951] (Furniture &
Fixtures)
01.03 Paid ` 6000/- as Electricity expenses to Tata Power by [Cheque No 765952]
31.03 Paid ` 4000/- as Telephone expenses to MTNL by [Cheque No 765953]

REPORTS:
 To view All the entries, go to: Gateway of Tally – Transaction – Daybook – Press ALT+F2 & give
period F4 select payment.
 To view Outstanding Go to: Display – Statements of Accounts – Outstanding – Payable. [D-S-O-P]
 To view All the entries, of Receipt of Cash & Bank: Display – Accounts Book – Cash / Bank Book.
[D-A-C]
 TALLY PRIME PRACTICAL ASSIGNMENT

Contra Entry
Contra entry is a transaction involving transfer of cash between cash or bank a/c. it is transfer of funds
from cash to bank or bank to cash or even to petty cash.

Date Particulars
01.06 Cash transferred to Petty Cash `.3500.00
02.09 Cash Deposited in Axis Bank worth `.50000/-.
01.12 Cash withdrawn for Petty Cash `.11000/- from Axis Bank vide Cheque.No.765110.
01.01 Cash Deposited in Bank worth `.50000/-.
02.03 Open a new Account in ICICI Bank amount transferred from Bank of India worth `.30000/- vide
Cheque.No.765111
31.03 Cash Deposited Into Axis Bank worth `. 48500

Journal Entry
Journal Entry is passed whenever any adjustment is to be done.

Date Particulars
01.10 Purchase the Computer System from Mr. Raj Solution Pvt Ltd worth `.38500/- on credit of 30
days.
31.03 Commission to Mr. Ravi Singh still not paid. `.7500/
31.03 Salary to Mr. Raghu Patil still not paid `. 8000/-
31.03 Electricity Expenses still not Paid `. 10000/-
31.03 Rent `. 15000/- Still not received from Mr. Sanjay Khan
31.03 Depreciation charged @ 15% on all Fixed Assets.

Debit Note [ALT + F5] & Credit Note [ALT + F6]

Debit Note is used for Purchase Return
Credit Note is used for Sales Return
Create new ledger of sales return and purchase return

Date Particulars
02.04 Debit Note raised for return of 2 Seagate Hard disk 500GB `. 5000 from Ace Computer.
Against Bill No. PB\APR\26. (Debit Note Ref. DN\RET\001)

02.08 Credit Note raised for return of 3 Multimedia Keyboard @ `.350 and 2 Optical Mouse @ Rs-
235/- from Raj Technology Against Bill No. SAL\1240\17-18
. (Credit Note Ref. CN\RET\001)
 TALLY PRIME PRACTICAL ASSIGNMENT

Multiple Godowns
Create 2 Godowns: Bandra and Dadar (G.O.T. > Master > Create > Godowns)

Stock Journal [ALT + F7] and Physical Journal [CTRL + F7]

Stock Journal is used for entering data related to transfer of material from one godown to another
Physical stock Journal is used for recording actual stock verified or counted physically in the godown

Date Particulars
01.05. 5 Dual Core 2.93GHz Processor Transferred From Main Location to Bandra Godown. (Rate:-
`. 4300/-)
02.06 10 Multimedia Keyboard shifted to Bandra from Main Location. (Rate:- `.380/-)
01.09 10 DDR3 2GB RAM shifted to Dadar from main Location. (Rate:- 1450/-)
31.10 5 Seagate 500GB shifted to Bandra from Main Location. (Rate:- `.4950/-)

02.11 12 Intel H61 Motherboard Shifted to Dadar from Bandra. Rate. `.5580/-
31.03 At the end of the year it was found that Intel Chipset H61 Motherboard, 12 units in Bandra
and Toshiba 1TB HDD were 22 units in Main Location only.

Manufacturing Journals
 Create a new voucher (G.O.T. > Master > Create > Voucher Type > Create type Manufacturing
Journal under Stock Journal & say YES to use as a Manufacturing Journal)
 Create a New stock item as “Computer Systems” under Finished Goods group.
 Activate YES to allow components lists details (Bill of Material) F12 components.
 say YES to set the components (BOM).

Components of Computer System

Unit of Measure 1 Nos.

Item Quantity
Intel H61 Motherboard 1
Core i3 3.20GHz 1
4 GB Zion DDR3 1
500 GB Hard disk 1
Multimedia Keyboard 1
Optical Mouse 1
ATX Cabinet 1
LG DVD Writer 1

Pass the following Entries:

Date Particulars
01.02._____ Prepared 20 Computer System for Sales &
incurred 1500 Installation Charges + `. 300
Delivery Charges + 4% Octroi Duty.
 TALLY PRIME PRACTICAL ASSIGNMENT
Zero Valued Entries
To “Allow 0 valued entries in vouchers” in tally prime we have to alter purchase & sales Voucher type from
Gateway of tally Alter purchase and sale voucher type an active 0 valued transaction from Voucher type
alternate screen.

Date Particulars
01.05._____ 2 Optical Mouse distributed as free samples to Prompt Computers
02.06._____ 1 Multimedia Keyboard distributed as free samples to World Tech (I) Ltd.

01.09._____ 2 Optical Mouse distributed to Raj Technology as a free sample

Budget & Controls

Types of budget
 On Nett Transaction
 On Closing Balance
Create Budget (G.O.T > Masters > Budget > create > Accounting Master> Budget)
Name of budget – advertisement expenses
Amount – 25000

Reports:
G.O.T > Display > Accounts Book > Group Summary > Indirect Expense > Press F10 Budget Variance >
Advertising Budget > F2 Period – 1.4 to 31.3

Interest Calculations
Activate Interest Calculations & Use advanced Parameters Option from F11 features.
Example I :-
Interest is charged on Loan from Bharat Shah from 1.4._____ to1.10._____@ 10% p.a. & form 2.10._____
to 31.3._____ @ 12% p.a. & paid on 1.10._____ & 31.3._____ respectively.

Alter Ledger “Loan from Bharat Shah” in Accounts Info & say YES to Interest calculations.
Create a voucher class for Credit Note with the name Simple Interest & say YES to Use class for Interest
Accounting. (G.O.T. > Accounts Info > Voucher Type > Alter > Credit Note > Name of class: Simple Interest)
(If Interest Receivable Then Alter Debit Note)
To view Interest, go to G.O.T. > Display > Statement of Accounts > Interest Calculation)
Pass J V for Interest calculation in Credit Note Journal. (Ref. INT\SMP\001 & INT\SMP\002.)
Then pass the entries for payment of interest.
 TALLY PRIME PRACTICAL ASSIGNMENT
Export & Import of Masters & Vouchers
TO EXPORT MASTERS TO EXPORT VOUCHERS
G.O.T G.O.T.
Press Alt + E Press Alt + E
master transactions
Configure Configure
Select Format: XML 5. Select Format: XML
Export File Name: --------.XML Export File Name: --------.XML
Type of Master : Select (i.e. all master) send send

TO IMPORT MASTERS TO IMPORT VOUCHERS

1. G.O.T. > IMPORT OF DATA 1. G.O.T. > IMPORT OF DATA
2. Select : Masters 2. Select : Vouchers
3. Import File Name : --------.XML 3. Import File Name : --------.XML
4. Treatment of…….: Modify With New Data 4. Treatment of….. : Modify With New Data

Price List
 Activate Multiple Price Levels option from F11 & define two Price Level Wholesale & Retail .
 Go to Inventory Info > Price List & define Wholesale & Retail of RAM from 01.07._____ as follows.

Name Wholesale Price Retail Price

RAM Qty Rate Qty Rate
2GB Zion DDR3 <15 1350.00 <4 1450.00
>15 <20 1250.00 > 4 <8 1400.00
>20 1150.00 >8 1350.00
4GB Zion DDR3 <15 1750.00 <4 1750.00
>15 <25 1650.00 > 4 <8 1700.00
>25 1500.00 >8 1650.00
8GB Zion DDR3 <15 3340.00 <4 3550.00
>15 <25 3100.00 > 4 <8 3500.00
>25 3050.00 >8 3450.00

Pass the following Entries:-

Date Particulars
02.01._____ Sold 20 2GB Zion DDR3 to Raj Technology at Wholesale Price.
31.01._____ Sold 15 4GB Zion DDR3 of Silver Tech Pvt Ltd at Retail price.
02.10._____ Sold 20 2GB Zion DDR3 of Raj Technology at Retail Price from Bandra.
31.10._____ Sold 25 4GB Zion DDR3 to World Tech Infotech (I) Ltd at Wholesales Price from
Dadar.
1.11._____ Sold 30 8GB Zion DDR3 to Silver Tech Pvt Ltd at Wholesale Price from Bandra.
 TALLY PRIME PRACTICAL ASSIGNMENT

Cost Center
Cost Centre and Cost Categories provide you various means to allocate the amount of vouchers of
selected ledger in your own way.

Cost Centers : While ledgers provides information about the nature if transaction, it does not identify the
department or divisions involved with it, Cost Centers & cost categories fives additional dimension to the
transaction.
E.g. : We may analyses the salary exp. According to Branches / Departments salary in a Co. We have
various dept. such as Mktg, Production, Admin. Each dept has its staff as under:

Cost Categories : Tally gives substantial flexibility to allocate ledger accounts figure to cost centres.
However some organizations may need to allocate the expenses in more than one dimension. If your
requirement of allocation of cost centre is more demanding, then you may use cost category.
Now in our example:
Activate Maintain Cost Centers & More than one cost category in F11 (Accounting Features).
Method I:-

Cost Category Cost Centers

Marketing Department Salesman – South Zone
Salesman – North Zone
Production Department Sr. Supervisor
Jr. Supervisor
Administration Department Accountant – Rahul.
Asst Accountant – Rinki.

 Then go to G.O.T. > Master > Alter > Ledger > Salary A\c > Say YES for Cost Centers are applicable.
 Go to Payment Vouchers
 Allocate `.30000/- as salary to different Departments equally as on 02.01._____.

Order Processing & Tracking Numbers.

.
 TALLY PRIME PRACTICAL ASSIGNMENT
PURCHASE PROCEDURE

Order Voucher
1. Purchase Order (CTRL + F9)

Inventory vouchers
1. Receipt note (ALT + F9)
2. Rejection out (CTRL + F5)

Accounting vouchers
2. Purchase entry (bill\invoice) (F9)
3. (return) purchase return (dr. Note) (ALT+ F5)

SALES PROCEDURE

Order Voucher
1. Sales Order (CTRL + F8)

Inventory vouchers
2. Delivery note (ALT + F8)
3. Rejection in (CTRL + F6)

Accounting vouchers
4. Sales entry (bill\invoice) (F8)
5. (return) sales return (cr. Note) (ALT + F6)

Date Particulars
01.10.2014 Purchase Order Placed with Prime Computers Ltd For 10 Dual Core 2.93 GHz @
`. 5000/- each to be received on same day. (Purchase Order No. PO\001)

01.10.2014 Delivery Received of 10 Dual Core 2.93 GHz from Prime Computers Ltd (Receipt
Note Ref. RN\001)
02.10.2014 Rejected 2 Dual Core 2.93 GHz from Challan no. RN\001.
02.10.2014 Purchase Invoice Received from Prime Computers Ltd From challan no. RN\001
for 8 Dual Core 2.93 Ghz. (Ref. No. PUR\LIL\001)
01.12.2014 Sales Order received from Arihant Computers of 5 Dual Core 2.93 GHz @ `.5500/-
each. To be delivered on the same day.
(Sales Order No. SO\001)
01.12.2014 Delivery made to Arihant Computers of 5 Dual Core 2.93 GHz (Delivery Note Ref.
DN\001)
02.12.2014 Rejected 1 Dual Core 2.93 GHz from Challan no. DN\001.
02.01.2015 Sales Invoice Received from Arihant Computers from challan no. DN\001 for 4
Dual Core 2.93 GHz. (SAL\4565\09-10)
 TALLY PRIME PRACTICAL ASSIGNMENT
Multi-Currency
A Unique option in Tally is the Multi Currency Option by which you can use the Currency other than the
Base Currency. This is mainly used in the case of Export & Import.

Steps:
1. Activate Allow Multiple Currency in the F11 Features.
2. G.O.T. > master > Create > Currencies
Create two more currencies $ & £ [Press Alt + 156 for Pounds].
(Other Currency: € euro (Alt +0128)
3. Set the Rates of Exchange. The Rates of Exchange is the rate at which the currency is exchange with
the Foreign Exchange Department. It is divided into Buying Rate & Selling Rate.

Foreign Exchange Dept. Our Rate.

Buying Selling

Selling Buying.

In the rate of exchange, we will find three rates Standard / Selling & Buying Rates. Standard rate is the rate
which we have fixed for the particular period. As we know the Foreign exchange rates keep on changing
daily. All the transaction would be calculated on the basis of Standard Rates.

Rates of Exchange
Currency Standard Selling Buying.
$ 35/per $ 36/per $ 37/per $
£ 50/per £ 51/per £ 52/per £
Create the following Ledgers:
1. Foreign Buyer  Sundry Debtors
2. Foreign Seller  Sundry Creditors.
3. Export Sales  Sales
4. Import Purchases  Purchases.

Create Stock Item Sugar Bags (under Primary Group)

Pass the following transaction in the books:

On 01.04._____ Purchased 100 bags of Sugar from Foreign Seller @ £.10 per bag.
On 01.05._____ paid 500 £. Note on this day the exchange rate was `.55 / £
On 01.06._____ paid 500 £ Note on this day the exchange rate was `.50 / £

Derive the Forex Gain or Loss in the above transaction of Import.

On 01.05._____ Sold 100 bags of Sugar to Foreign Buyer @ $ 25 per Bag.

On 01.07._____ received payment of 1500 $ @ `.39/$
On 01.08._____ the balance payment was recd @ `.34/$.
Derive the Forex Gain or Loss in the above transaction of Export.
 TALLY PRIME PRACTICAL ASSIGNMENT
(Hint:- If the unadjusted foreign gain \ loss is on Liability side in Balance Sheet then there is a Gain & if on
Assets side then there is a loss.
TO adjust & transfer it to P & L A\C. Create Leger Foreign Gain \ Loss A\C under Indirect Income \ Expenses
A\C & Pass J. V. as on 31.03._____.

Journal Entry

If Gain IF Loss
Dr. Party A\C Dr. Foreign Gain \ Loss A\C
Cr. Foreign Gain \ Loss A\C Cr. Party A\C

Bank Reconciliation Statement

When we issue cheque to any party normally it is not Debited into the Bankers book on the same date,
where as we credit Bank’s Ledger on date of issue, similarly when we deposit a cheque into our Bank it
is normally not credited by our Bankers on the same date? Under such circumstances we need to track
all the transaction entered by us but not reflected by us in our Pass Book, by preparing B.R.S.
Procedure of preparing B.R.S is as follows:

Entering Bank Date: Select the Bank Book under Display, & select the Bank you want to reconcile. Here
you will notice an additional Button F5: Reconcile on Button bar. Press this button the screen now
converts to Reconciliation Mode having Bank date columns.

Steps to Reconcile a Bank Accounts:

Gate of Tally > Banking > Bank Reconciliation > the Select Bank Screen Displaying the List of Bank
Appears as Shown > Select the Required Bank Account from the List if Bank,

From your Bank pass book verify the date on which Bank has recorded the entries in their books enter
the date in the “Bank Date Column” against the voucher to reconcile your accounts with your bankers.
Wherever Bank date is not marked the amount of such entries will show as amount not reflected with
Bank, that indicates that entry has not yet been reflected in the Bank statement.
After verifying the entry and marking the dates to transaction accept the screen.
Next time when you select for reconciliation the entries for which you have already marked Bank date
will not appear at the screen, only those entries appear for which bank date is empty.

Actual & Billed Quantity

Activate the feature use different actual & billed quantity feature from F11
02.11._____ Purchased 20 Multimedia Keyboard @ `. 750/- each from Alfatech Solution Ref No.
PUR/NOV/87 (Scheme : Additional 1 Multimedia Keyboard received on purchase of
every 5 )

01.12._____ Sold to Raj Technology 10 Multimedia Keyboard @ `. 850/- each (Scheme 1

Multimedia Keyboard given on sale of every 5 Keyboard.
 TALLY PRIME PRACTICAL ASSIGNMENT
Batch wise details
Active Maintain Batch wise details from F11 features.
Also Activate the features set expiry date for batches.

Create a Following stock item under the group Medicines & activate “Maintain in batch”, “Track date of
mfg. , “ use expiry date”.

Sr. No. Particulars Quantity Rate Batch No. Mfg. Date Exp. Date
1 Crocin 100 (Strips) 20 /Strips 1234 01-04-2014 01-10-_____
2 Saridon 100 (Strips) 10/ Strips 4321 01-04-2014 01-10-_____
3 Iodex Tube 100 gm 100 NOs 40/ No. 2244 01-04-2014 01-07-_____
01-04-_____ Sold following items to Jivdani Pharmacy vide bill No. 001/17-18
Crocin – Batch No.-1234 10 Strips of `. 30/- Strip
Saridon –Batch No.-4321 25 Strips of `. 25/- Strips
Iodex – Batch No. 2244 10 Nos of `. 100/- Nos.
01-08-_____ Sold following items to Bhagwati Medical vide bill No. 002/17-18
Crocin – Batch No. 1234 10 Strips of `. 30/- Strips
Saridon – Batch No/4321 25 Strips of `. 25/- Strips
Iodex – Batch No.2244 10 Nos of `. 100/- Nos.

Practical Exercise – 28

Memo Entry

Date Particulars
01.08._____ Paid for Conveyance 1500/- by Petty Cash to Mahesh

01.08._____ Paid For Refreshment 1000/- by Petty Cash

Optional Entry

Date Particulars
31.10._____ The pending salary liability of the current month to be paid off completely worth `.
5000/-

Post –Dated Entry

Date Particulars
01.08._____ Pass postdated entries for the payment of the computer system taken on hire-
purchase system. The installment is worth `. 15000/-each and is to be paid on
2/8/_____, 2/10/_____, and 2/12/_____ through Axis bank Ltd (Ch:-144621/23)
 Memorandum, Optional, Post-Dated are all called Exceptional Entries, as they do not affect the
reports directly.
 TALLY PRIME PRACTICAL ASSIGNMENT
Additional Features Of Tally:
E-Mailing:
Email is one of the features provided by Tally by which we can mail data. For this you need to know the E-
mail server name.
Select the screen you want to mail.
Press Alt +M on the screen.
Type the following details:
E-mail 160.25.65.321
From Mr. RAJ
From email address: [email protected]
Format: HTML (Web Publishing) Resolution: 800*600
To email address: [email protected]
Subject: Balance Sheet.
In case you don’t know the E-mail server name, then export your screen in HTML Format & mail as an
“Attachment” from C:/tally.

Backup:
Backup means to copy our Tally Company in Floppy Disk.
 Insert a Floppy in the floppy drive – Company DATA (ALT+Y) – Backup
 Select as many Tally Companies as you want to take backup.
 Source: C:\Tally\Data & Destination: D:\
Similarly, we can have Backup of our Company on Hard Disk. Just Change our Destination.

Restore:
Restore is reverse of Backup. After Backup it is necessary to restore all the Companies to copy from Floppy
Disk/ Hard Disk to your Computers.
 Insert Floppy in the floppy drive –Company DATA (ALT+Y) – Restore.
 Source: D:\ & Destination: C\Tally\Data.
Similar we can Restore Company from Hard Disk. Just Change your Destination.

Split Company
This option is used whenever you want to divide your company into two parts. (Two periods)
 Select a Company – Company DATA (ALT+Y) – Split Company Data – Specify the date from which
you want to split Company. E.g.,: 01/10) and accept the screen.
 Two new companies are created with periods as 01/04 to 30/09 & 01/10 to 31/03
 All three companies are not inter – linked.

Password
Password is one of the important features of Tally. It helps to protect our company from being accessed by
others. Security can be given in two ways:-

 Security Control
 Tally Vault Password.
 TALLY PRIME PRACTICAL ASSIGNMENT
The main difference between both the types of security is:
 Name of the company & financial period is not displayed in the list of companies when you use
Tally Vault Password. Only Company number is visible.
 You cannot give Tally Vault Password under company Alteration Screen.
 There is no facility to restrict the use of data in the hands of particular user under Tally Vault
Password While in Security Control we can restrict the access to our data in few hands.
 No separate Administrator Name & Password is to be give while giving while giving Tally Vault
Password.

Security Control:

Security Control is also one of the advantageous features of Tally.

Steps:
 It Company Info (Alt+K) – Alter – Active “Use Security Control”.
 Name of Administrator: Raj Password:*** Repeat:***
 Now quit your company & again select the company, it will prompt you for password .Once you
give security control a new option is available in Company Info (Alt + K)-Security Control- Create
different types of Security & restrict any reports, if you want.
 Give Users Name & Password to all Types of Security.

Tally Vault Password:

If we want to give password to our company & we don’t want to display name financial period of the
company, then Tally Vault Password can be used. Company Info (Alt +K)-change Tally Vault. Now whenever
you change or remove the password a new company is created of the name with or without password
respectively i.e. it does not make changes in the existing company’s security.

Printing (Alt + P)
We can print any screen of Tally

Balance Sheet:
To print Balance Sheet –Gateway of Tally –Balance Sheet –Press Alt +F1 for detailed view –Alt +P to print.
We can change the No. of copies, Title, and Auto column as per our priority.
 TALLY PRIME PRACTICAL ASSIGNMENT
Tax Deducted At Source (T.D.S.)

Tax Deducted at Source is one of the modes of collecting Income Tax. The buyer/Payer (Deductor) deducts
the Tax from payment made to the seller/payee (deductee). The Deductor then Deposits the same at any
designated branch of bank authorized to collect taxes on behalf of the Income Tax Department.

Activate Enable Tax Deducted at Source (TDS) & say YES to Set TDS details in F11

We will take an example of payment for rent and payment made for professional & technical service
taken. Open the following ledger account.

TO CREATE TDS NATURE OF PAYMENT

GATEWAY OF TALLY > MASTERS > CREATE > STATUTORY MASTER > TDS NATURE OF PAYMENT

Name Rent Of Land & Building Professional Fees

Section 194J
Payment Code NA NA
Remittance Code NA NA
Rate 10% 10%
Threshold/ Exemption limit 240000/- 30000/-

Open the following ledger accounts & while creating Ledger go to F12 configuration and say “YES” to
allow advance entries in TDS masters.

Name of ledger Under

Rent Indirect expenses
Is TDS Applicable  Applicable
Nature Of Payment  Rent of land & building
Professional fees Indirect expenses
Is TDS Applicable  Applicable
Nature Of Payment Professional Fees
Shantilal Gala Sundry Creditors
Is TDS Deductable  yes
Deductee Type  Individual / HUF – Residence
PAN NO  AAAPS1245A
 TALLY PRIME PRACTICAL ASSIGNMENT
Raj Software Pvt Ltd Sundry Creditors
Is TDS Deductable  yes
Deductee Type  Company Residence
PAN NO  AAACS1246A
TDS on rent Duties & Taxes
Type of Duty / Tax  TDS
Nature of payment  Rent of Land and Building
TDS on professional fees Duties & Taxes
Type of Duty / Tax  TDS
Nature of payment  Professional fees
ICICI Bank Bank a/c

Expenses entry
G.O.T > Vouchers > Journal (F7)

01-05-__ Rent a/c DR 250000/-

Raj Software Pvt Ltd CR 225000/-
TDS on rent CR 25000/-
01-05-__ Professional fees DR 35000/-
Shantilal Gala CR 31500/-
TDS on professional fees CR 3500/-

TDS Payment Entry

G.O.T > Vouchers > Payment (F5)

01-06-__ TDS on rent DR 25000/-

ICICI Bank CR 25000/-
01-06-__ TDS on professional fees DR 3500/-
ICICI Bank CR 3500/-

Payment to Supplier
G.O.T > Vouchers > Payment (F5)

01-06-__ Raj Software Pvt Ltd DR 225000/-

ICICI Bank CR 225000/-
01-06-__ Shantilal Gala DR 31500/-
ICICI Bank CR 31500/-

REPORTS
 To see reports go to  Display  Statutory Report  TDS Report  TDS outstanding.
 Also go to balance sheet and see the group Duties & Taxes at Liability side.
To view TDS Form 26Q and we can also pay the TDS:
 Now to pay the TDS Go to  Display  Statutory Report  TDS Report Form 26Q  Give Period
 Press +S [statutory Payment] & Pay the TDS
 You can generate the TDS Challan by tally itself. For this don’t save the entry, just press ALT+P while
doing payment Entry, you will get an option Print as TDS Challan – YES, as you press Print you will
see the Challan Automatically being generated. Now save the entry by pressing CTRL + A
TALLY PRIME PRACTICAL ASSIGNMENT
 TALLY PRIME PRACTICAL ASSIGNMENT
Tax Collected at source (T.C.S)
Tax Collected at Source (TCS) refers to the collection of tax at source by the seller from the buyer on
trading of goods specified u/s 206C of the Income Tax Act, 1961. It is collected on accrued or paid,
whichever is earlier. In short, it is a payment made by purchaser to seller.

TCS nature of goods are as follows:

Alcoholic Liquor
Tendu leaves
Timber obtained under forest lease
Timber obtained by any mode other than under a forest lease
Any other forest product not being timber or tendu leaves
Scrap
Parking Lot, Toll plaza, Mining or Quarrying

Activate Tcs Feature by F11

Create TCS Nature of Payment
G.O.T > Create > Master > TCS Nature of Payment > Create >
Timber Obtained under forest Lease – Section: 206C – Rate: 2.5%
Create new ledgers
1. Chandra Timbers (Sundry debtor) Is Tcs applicable: - yes
2. TCS (Duties & taxes)
3. Sales A/c (sales account)
4. Bank of India (bank a/c)
5. Juben Timber (Sundry debtor) Is Tcs applicable: - yes
Create Stock items
1) Timber (primary)
Tcs nature of goods: - Timber Obtained under forest Lease

Example - I
01.05._____ Sold 20 Timber @ `.58/- each to Chandra Timbers & collected Tcs
01.05._____ Received full amount of bill from Chandra Timbers by cheque
no.856642
02.05._____ Tcs paid by cheque no.112332

Example – II
01.02._____ Sold 20 Timber @ `.150/- each to Juben Timber & collected Tcs
01.02._____ Received full amount of bill from Juben Timber in cash
02.02._____ Tcs paid by cheque no.447522

PRINT FORMS:
Press ALT+P in payment voucher and you can print TCS Challan 281. For furnishing all the details in
Certificate Challan Reconciliation is required.
The person collecting Tax at Source is required to issue a certificate of Collection of Tax at source in Form
No. 27D to the buyer. To print Form No. 27D go to Display – Statutory Reports – TCS Reports – Print Form
27D. Select TCS party ledgers and Press Enter.
 TALLY PRIME PRACTICAL ASSIGNMENT
Point of Sales (POS)

POS can be a retail outlet, a checkout counter in a shop, or any other location where a sale transaction take
place.
POS system is a computerized cash register which adds up the sales total, calculates the balance to be
returned to buyer and automatically adjusted the inventory levels to reflect the quantity sold.

The equipment required for to work effectively are cash register, card readers, and bar-code scanners and
so on.

Create voucher type

POS INVOICE (under sales)

Abbr-POS
Set use for POS invoicing: YES
Print after saving: YES

Print message-1
*THANK YOU- VISIT AGAIN*
Accept the screen.

Create the ledgers

Purchase A/C (purchase)
Sales A/C (sales)
HSBC Bank (Bank A/C)
Master/Visa Card (Bank O/d A/c)

Recording Transaction
Date Particulars
01.04._____ Purchased 100 No of pepsodent 150 gm at the rate of `. 15/- each from
Pepsodent India Ltd.

Date Particulars
01.04._____ Purchased 150 No of Lux Soap at the rate of `. 20/- each from
Pepsodent India Ltd.

Date Particulars
01.04._____ Purchased 100 No of Society Tea 500 gm at the rate of `. 85/-
each from Pepsodent India Ltd.

Date Particulars
02.04._____ Sold 5 Nos of pepsodent 150gm, 2 nos of Lux soap and 2 no of Society Tea
500 gm for a total of `. 435/- each. The customer pays `. 200 by credit card
of Master/VISA card, `. 100/- by cheque and `. 135/- by cash.
 TALLY PRIME PRACTICAL ASSIGNMENT
Go to G.O.T>Accounting voucher>Press F8>Select voucher type POS Invoice>Click on button >Multi mode
payment.>select sales ledger.

(Note:-If set standard rates is activated, tally doesn’t allow manual entry of rate
For stock item.)

In the column pertaining to payment details make the following entries

Gift voucher: Not applicable

Credit /Debit card payment: Master/ VISA card `. 200/-
Card no: - 7007 5264 7711 0088

Cheque: - HSBC Bank – Type Amt:- 100 then enter the name of the bank on which the cheque has been
drawn. (ICICI Bank), cheque No 123456.

Cash: - Select –cash enter Amt 200/-

Cash Tendered :-( cash received from the customer Rs 135/-).

The balance Rs: - 65/- (Refundable)

Accept: - Print with preview

(Standard paper size for POS invoice is 4 inch by 11 inch).

Practical Exercise – 38

PAYROLL
Tally’s new features include Payroll. Tally Payroll is integrated with accounting to give the user the benefits
of simplified Payroll processing and accounting. Tally Payroll enables users to set up and implement salary
structures, ranging from simple to complex, as per their organizations requirements.

Tally Payroll also supports configurable formats for pay slip printing; flexible salary/wages, attendance,
leave and overtime registers, gratuity reports and statutory reports.

Features of Tally Payroll:

 It is quick and easy to set up and use

 It is independent of processing period restriction.
 It offers ease of conformity, faster entry and flexibility of non- dependence.
 It offers a unique Auto-Manual payroll processing facility.
 It allows arrears calculation.
 It computes salary based on attendance, Time, Unit of production or any other criteria.
 Tally Payroll helps in the recovery and tracking of loans and advances.
 It generates gratuity report

Step 1:
Using Payroll Feature in Tally

Gateway of tally –F11: maintain Payroll feature YES

 TALLY PRIME PRACTICAL ASSIGNMENT
Step 2:
GOT > Masters Create > Payroll Masters > units > create >

1) Symbol : dy
Formal name: Day
No. of decimal Places: 0

2) Symbol : mnth
Formal name: month
No. of decimal Places: 0

3) Symbol : yr
Formal name: year
No. of decimal Places: 0

4) Symbol : hrs
Formal name: hours
No. of decimal Places: 0

Step 3:
GOT > Masters Create > Payroll Masters > Attendance/Production type > Create

1) Name: Present days

Under: primary
Attendance type: Attendance/leave with pay
Period type: Day

2) Name: Absent days

Under: primary
Attendance type: leave without pay
Period type: Day

3) Name: Sick leave

Under: primary
Attendance type: Attendance/leave with pay
Period type: Day

4) Name: Casual leave

Under: primary
Attendance type: Attendance/leave with pay
Period type: Day

5) Name: Overtime
Under: primary
Attendance type: Production
Period type: Hrs
 TALLY PRIME PRACTICAL ASSIGNMENT
Step 4:
GOT > Masters Create > Payroll Masters >Employee group > create

1) Name: Marketing Department

Under: Primary

2) Name: Production Department

Under: Primary
Step 5:
GOT > Payroll info > Employees > create
1) Kapil Sharma working in marketing department.
2) Neeta Singh working in Production department.

Step 6:
GOT > Masters Create > Payroll Masters > Pay heads > Create
1) Name: Basic salary
Pay head type : Earning for employees
Under: Indirect expenses
Affect net salary: Yes
Name to appear in Payslip: Basic salary
Use for gratuity: No
Calculation type: On attendance
Attendance/leave with pay: Present days
Calculation period: Month
Per day calculation basis: As per calendar period

2) Name: Dearness allowance

Pay head type : Earning for employees
Under: Indirect expenses
Affect net salary: Yes
Name to appear in Pay slip: DA
Use for gratuity: No
Calculation type: As computed value
Calculation period: Month
Compute: On current earning total
Effective From: 01/04/2014
Amount upto 5000 10%
From amount 5000 15%

3) Name: House rent allowance

Pay head type : Earning for employees
Under: Indirect expenses
Affect net salary: Yes
Name to appear in Payslip: HRA
Use for gratuity: No
Calculation type: Flat rate
Calculation period: Month

4) Name: Professional tax

Pay head type : Deductions from employees
Under: Current liabilities
 TALLY PRIME PRACTICAL ASSIGNMENT
Affect net salary: Yes
Name to appear in Payslip: PT
Use for gratuity: No
Calculation type: As computed value
Calculation period: Month
Compute: On current earning total
Effective from: 01/04/_____
From amount Amount upto Slab type Value Basis
2500 value 60
2500 3500 value 120
3500 5000 value 175
5000 value 200

5) Name: Convayance expenses

Pay head type : Earning for employees
Under: Indirect expenses
Affect net salary: Yes
Name to appear in Payslip: Conveyance expenses
Use for gratuity: No
Calculation type: As computed value
Calculation period: Month
Compute: On current earning total
Effective from: 01/04/_____
From amount Amount upto Slab type Value basis
5000 Value 500
5000 Value 1000
2) Name: Overtime
Pay head type : Earning for employees
Under: Indirect expenses
Affect net salary: Yes
Name to appear in Payslip: OT
Use for gratuity: No
Calculation type: On production
Production type: Overtime

Step 7:
GOT > Masters Create > Payroll Masters >Salary details > Create > select name of employee > select all the
payheads > Enter the value of Basic salary, House rent allowance & Overtime > accept

Step 8:
GOT > voucher > Press F10 – Attendance > Enter the date as 31/05/_____> fill the attendance of the
employees

For Example
Employee name Attendance/production type Value Unit
Kapil Sharma Present days 26 Days
Kapil Sharma Absent days 1 Days
Kapil Sharma Sick leave 2 Days
Kapil Sharma Overtime 20 Hrs
 TALLY PRIME PRACTICAL ASSIGNMENT
Accept the Screen

Press ctrl + F4 > Payroll> Press CTRL + F (Autofill) > Fill the information > Accept the screen

To view Payslip
GOT > display > Payroll reports > Statements of payroll > Payslip > Select employee > Press alt + P to print

Company Logo Printing

You can get your company logo printed on invoice.
Alt + P (Print)
Enable Company Logo: Yes
(Location of Logo. Specify the location of logo) please note the logo should be in BMP or JPEG
format only. Recommended Size is 96 x 80 pixels.

Printing logo Available For

Sales Invoices
Delivery Note / Challan
Debit Note
Credit Note
Outstanding Receivable
Pay Slip
Purchase order
Receipt Voucher
Confirmation of Accounts
 TALLY PRIME PRACTICAL ASSIGNMENT
Banking

To access Banking, goto Gateway of Tally > Banking

Accessing Cheque Printing
Go to Gateway of Tally > Banking > Cheque Printing.
The Select Bank screen displaying the List of Bank appears as shown:

Press F6: Show All to display all the cheques.

The user may set the Cheque Printing Configuration from the above screen, i.e.,
Select the ledger Name of Bank under Bank account
Enable Cheque Printing: Yes
Set /Alter Cheque Printing Configuration to Yes
Company Cheque Details screen is displayed
Cheque Dimensions screen for the selected Bank is displayed

Provide the details as shown:

Select the required row from the Cheque Printing list to open the voucher in alteration mode.
F2: Period: Allows to change the period.
F4: Bank: Allows to select All / Other required Bank from the list.
 TALLY PRIME PRACTICAL ASSIGNMENT
Printing Selected Cheques
To print the Cheque report,
Go to Gateway of Tally > Banking > Cheque Printing.
Select All or required Bank account from List of Bank.
The Cheque Printing screen is displayed.
Click Print or Press Alt+P.
Cheque Report Printing screen appears confirming to print
Click No or Press N or Esc

Deposits Slip
To access Deposit Slip screen, Go to Gateway of Tally > Banking > Deposit Slip.
The Select Bank screen displaying the List of Bank appears as shown:
F7: Edit Ch Details: Allows edit/update the Received from Name and Instrument No.
Printing Deposit Slip / Deposit Slip Report
Printing Deposit Slip The user may select All or the required receipts to be included in the Deposit
Slip. The Deposit Slip report will print all the receipts for the selected period.
To Print the Deposit Slip:
Go to Gateway of Tally > Banking > Deposit Slip
Select the required Bank account from List of Bank.
The Deposit Slip screen is displayed with the list of receipts. To include all the receipts in the
Deposit Slip:
Click Print or Press Alt+P. To include selected receipts in the Deposit Slip:
Press Spacebar to the required receipt row(s).
Click Print or Press Alt+P.

Payment Advice
To access Payment Advice screen,
Go to Gateway of Tally > Banking > Payment Advice The Ledger selection screen displaying the List of
Ledgers appears as shown:
Select the required Ledger and press Enter.
Select the required row from the Payment Advice list and press Enter to open the voucher in alteration
mode.
F2: Period: Allows changing the period.
F4: Ledger: Allows to select other required Ledger from the list.
 TALLY PRIME PRACTICAL ASSIGNMENT
Printing Payment Advice
To print the Payment Advice,
Go to Gateway of Tally > Banking > Payment Advice
Select the required Ledger account from List of Ledgers
The Payment Advice screen is displayed with list of payment vouchers. To print the payment advice of all
the payments
Click Print or Press Alt+P. To print the payment advice for the selected payments
Press Spacebar to the required payment row
Click Print or Press Alt+P