Configuring TDS In Tally Prime

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 »

Basic concepts of TDS In Tally Prime

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 »

View Interest Amount on Invoices In Tally Prime

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 »

Calculate Interest on Group In Tally Prime

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 »

HTML Links

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 »

What is HTML Style CSS?

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 »

Interest Calculation in Advance Mode in Tally Prime

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 »

How to apply colors in HTML & CSS

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 »

Interest Calculation in Simple Mode in Tally Prime

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 »