Creation of Masters In Tally Prime

Party Ledger (TCS) TCS will be collected on the basis of the collectee type defined in the party ledger. 1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create 2. Press F12 and set the option Allow advanced entries in TCS masters to Yes . 3. Enter the Name and select Sundry Debtors in the Under field. 4. Enable the option Maintain bill-by-bill , to track the TCS bills. 5. Enable the option Is TCS Applicable , to allow TCS… Read More »

Configuring TCS In Tally Prime

You can enable the TCS feature in Tally.ERP 9, provide surcharge details, record transactions and generate the required reports and returns. 1. Go to Gateway of Tally > F11: Features > Statutory and Taxation . 2. In the Company Operations Alteration screen, set Enable Tax Collected at Source (TCS) to Yes . 3. Enable the option Set/alter TCS details . The Company Operations Alteration screen appears as shown below: 4. Press F12 . ● Set Enable surcharge and cess… Read More »

Basic concepts of TCS In Tally Prime

TCS (Tax Collected at Source) is the tax that a seller collects from the buyer during the sale of specific goods under provision 206C, or any other goods on the basis of realisation.  Tally Prime not only supports the latest budget changes for TCS but also provides you with a comprehensive TCS solution for your business… Read More »

HTML Lists

HTML lists allow web developers to group a set of related items in lists. Unordered HTML List An unordered list starts with the <ul> tag. Each list item starts with the <li> tag. The list items will be marked with bullets (small black circles) by default: Example <html><body><h2>An unordered HTML list</h2><ul>  <li>Coffee</li>  <li>Tea</li>  <li>Milk</li></ul></body></html> Result: An unordered HTML list Coffee Tea Milk… Read More »

HTML Tables

HTML tables allow web developers to arrange data into rows and columns. Define an HTML Table A table in HTML consists of table cells inside rows and columns Example A simple HTML table:<html><style>table, th, td {border:1px solid black;}</style><body><table>  <tr>    <th>Company</th>    <th>Contact</th>    <th>Country</th>  </tr>  <tr>    <td>Alfreds Futterkiste</td>    <td>Maria Anders</td>    <td>Germany</td>  </tr>  <tr>    <td>Centro comercial Moctezuma</td>    <td>Francisco Chang</td>    <td>Mexico</td>  </tr></table></body></html> Result: Table Cells Each table cell is defined by a <td> and a </td> tag.… Read More »

TDS Outstanding Report In Tally Prime

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 »

HTML Favicon

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 »

Processing Transactions In Tally Prime

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 »

HTML Images

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 »

Creation of Masters In Tally Prime

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 »