The TDS Outstanding report displays all the pending TDS payments. You can view the pending details party-wise, or based on resident or non-resident status. To view TDS Nature of Payment Outstanding report Go to Gateway of Tally > Display > Statutory Reports > TDS Reports > TDS Outstanding . The TDS Nature of Payment Outstanding report appears as shown below: A brief explanation about the fields in the report is… Read More »
A favicon is a small image displayed next to the page title in the browser tab. How To Add a Favicon in HTML You can use any image you like as your favicon. You can also create your own favicon on sites like https://www.favicon.cc. A favicon image is displayed to the left of the page title… Read More »
The accounting process is three separate types of transactions used to record business transactions in the accounting records. This information is then aggregated into financial statements. The transaction types are: The first transaction type is to ensure that reversing entries from the previous period have, in fact, been reversed. The second group is comprised of… Read More »
Images can improve the design and the appearance of a web page. HTML Images Syntax The HTML <img> tag is used to embed an image in a web page. Images are not technically inserted into a web page; images are linked to web pages. The <img> tag creates a holding space for the referenced image. The <img> tag is empty, it contains… Read More »
Lesson ObjectivesOn completion of this lesson, you will be able to understand The basic functionF11s of Tally.ERP 9 F11: Features & F12: Configurations Creating and Maintaining Chart of Accounts Entering the opening balances for Ledgers After creating a Company with the required information, you can now enable/ modify Accounting& Inventory features and configurations.F11:Features:The F11: Features are Company-specific… Read More »
Screen: Gateway of Tally Path: Tally Main → Gateway of Tally Step 1:Button → ‘Features’: click on button named ‘Features’ or press ‘F11’. Path: Gateway of Tally → Company Features Step 2:Choose the menu item ‘Statutory & Taxation’ Screen: Company operations Alteration Path: Gateway of Tally → Company Features → Company Operations Alteration Step 3:Field →… Read More »
What Is TDS? TDS falls under the act of advanced Income Tax, 1961, and all organizations or individuals are liable to pay it. The TDS concept is a tool by the Government to minimize tax evasion and collect at the income source. Source of income includes salary, interest, rent, brokerage, professional service, etc. If TDS… Read More »
You can calculate interest on each invoice for the period it is outstanding, wholly or partly. Transaction by transaction or bill-by-bill interest calculation is permitted for party accounts like accounts under the groups sundry debtors and sundry creditors. For interest calculation on each bill, Bill-wise details should be enabled for the company and the party. The Ledger Interest report… Read More »
You can get a report on the Ledger balances for the interest calculated. 1. Go to Gateway of Tally > Display > Statements of Accounts > Interest Calculations > Ledger 2. Select an Account, for example, Bank Loan Account . The Ledger Interest report appears as shown below:
The Group Interest Calculation statement is a list of all accounts and sub-groups belonging to the selected group that displays the current balance in each account or sub-group and the total interest. 1. Go to Gateway of Tally> Display > Statements of Accounts > Interest Calculations > Group 2. Select a Group , E.g. Loans (Liability) Note: The Cr in the interest amount indicates that it… Read More »