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 »
Links are found in nearly all web pages. Links allow users to click their way from page to page. HTML Links – Hyperlinks HTML links are hyperlinks. You can click on a link and jump to another document. When you move the mouse over a link, the mouse arrow will turn into a little hand.… Read More »
CSS stands for Cascading Style Sheets. CSS saves a lot of work. It can control the layout of multiple web pages all at once. What is CSS? Cascading Style Sheets (CSS) is used to format the layout of a webpage. With CSS, you can control the color, font, the size of text, the spacing between… Read More »
The advanced parameters are particularly useful where interest rates change from time to time. Go to Gateway of Tally> F11: Features > Accounting Features > Set Activate Interest Calculation to Yes. > Set Use Advanced Parameters to Yes. The Interest Parameters sub-screen is displayed For Ledgers created under the Group Sundry Debtors/Sundry Creditors, the Interest Parameters sub-screen is displayed as shown… Read More »
HTML colors are specified with predefined color names, or with RGB, HEX, HSL, RGBA, or HSLA values. Color Names In HTML, a color can be specified by using a color name: <html><body><h1 style=”background-color:Tomato;”>Tomato</h1><h1 style=”background-color: Orange;”>Orange</h1><h1 style=”background-color: DodgerBlue;”>DodgerBlue</h1><h1 style=”background-color: MediumSeaGreen;”>MediumSeaGreen</h1><h1 style=”background-color: Gray;”>Gray</h1><h1 style=”background-color: SlateBlue;”>SlateBlue</h1><h1 style=”background-color: Violet;”>Violet</h1><h1 style=”background-color: LightGray;”>LightGray</h1></body></html> Result: Background Color You can set the background… Read More »
To calculate Interest in the Simple Mode: Go to Gateway of Tally> F11: Features> Accounting Features > Set Activate Interest Calculation to Yes. > Set Use Advanced Parameters to No. In the Ledger Creation screen set Activate Interest Calculation to Yes. The Interest Parameters sub screen is displayed. Enter the Rate and select the interest style from the list. Interest calculations on outstanding balances Enter Interest details in… Read More »
The feature Interest Calculation can be activated for any ledger in Tally.ERP 9. The Interest Calculation Report in Tally.ERP 9 gives only the implication of interest for the selected account. The amount is not charged to the books of account until an entry is passed. To enable Interest Calculation for a Ledger: Go to Gateway of Tally > F11:Features > Accounting Features > set Activate Interest Calculation to Yes. Select the… Read More »