Tally Practical Question

(1)NAME UNDER NAME DR CR

Capital Capital 24000

Cash In Hand Cash In Hand 900

Building Fixed Asset 2500

Stock Stock In Hand 47000

Sundry Debtors Sundry Debtors 50000

Commission Paid Indirect Expenses 100

Rent & Taxes Indirect Expenses 3500

Purchases Purchases 70800

Purchase Return Purcahase 1100

Furniture Fixed Asset 4500

Loan To Suba Loans Liability 10000

Discount Allowed Indirect Expenses 4600

Drawings Capital 6000

Bills Receivable Current Assets 5200

Cash At Bank Bank 12500

Sales Sales 128000

Sales Return Sales 1000

Salaries Indirect Expenses 9500

Discount Earned Indirect Income 4000

Bank Overdraft Bank O/D 6000

Bills Payable Current Liability 4000

Sundrry Creditors Sundry Creditors 43000

Travelling Expness Indirect Expenses 2000

TOTAL 220100 220100

Result :Gateway of tally-Display-Trailbalance(Alt+F1)

(2)NAME UNDER NAME DR CRDrawings Capital 45000 Goodwill Current Assets 90000 Building Fixed Assets 60000 Machinery Fixed Assets 40000 Bills Receivable Current Assets 6000 Opening Stock Stock In Hand 40000 Purchases Purchase 51000 Wages Direct Expenses 26000 Carriage Outward Indirect Expenses 500 Carriage Inward Direct Expenses 1000 Salaries Indirect Expenses 35000 Rent Indirect Expenses 3000 Discount Indirect Expenses 1100 Repairs Direct Expenses 2300 Bank Bank 25000 Cash Cash In Hand 1600 Debtors Sundry Debtors 45000 Bad Debtors Indirect Expenses 1200 Sales Return Sales 2000 Furniture Fixed Assets 6000 Advertising Indirect Expenses 3500 Gneral Expenses Indirect Expenses 450 Capital Capital 160000Bills Payable Current Liablility 35000Creditors Sundry Creditors 70000Purchase Return Purchase 2650Sales Sales 218000 TOTAL 485650 485650

Result :Gateway of tally-Display-Trailbalance(Alt+F1)


Land And Building Fixed Assets 42000

Machinery Fixed Assets 20000

Purchase Purchase 7500

1.4.2009 Stock Stock In Hand 5760


Patents Current Assets 40675



Return Inwards Sales 680

Wages Direct Expenses 8480

Fuel & Power Direct Expenses 4730

Carriage On Sales Indirect Expenses 3200

Carrage On Purchase Direct Expenses 2040


General Expenses Indirect Expenses 3000

Insurance Indirect Expenses 600



Sales Sales 98780

Return Outwards Purchase 500

Sundry Creditors Sundry Creditors 6300


TOTAL 176580 176580

Result :Gateway of Tally-Display-Trailbalance(Alt+F1)



Sales Sales 16000


Furniture Fixed Assets 500

Gneral Expenses Indirect Expenses 800

Commission Indirect Expenses 250

Rent Indirect Expenses 450

Bills Receivable Curretn Assets 2900


Buildings Fixed Assets 10000

Stock 1.4.2009 Stock In Hand 6000






TOTAL 40500 40500

* closing stock 4000

RESULT: Gateway of Tally- PROFIT& LOSS A/C / BALANCE SHEET

GROSS PROFIT RS.

NET PROFIT RS.

BALANCE SHEET RS.

(5)NAME UNDER NAME DR CROpening Stock Stock In Hand 3100 Buildings Fixed Assets 17000 Furniture Fixed Assets 1000 Purchase Purchase 21200 Salaries Indirect Expenses 2200 Bad Debts Indirect Expenses 120 Cash In Hand Cash In Hand 1300 Return Inwards Sales 1020 Rent Indirect Expenses 600 Miscellaneous Exp Indirect Expenses 500 Capital Capital 12000Bank Loan Loan Liability 3000Sundry Creditors Sundry Creditors 4920Return Outwards Purchase 420 Interest Indirect Incomes 130Dividends Indirect Incomes 110Sales Sales 41460Postage Indirect Expenses 280 Printing Indirect Expenses 260 Wages Direct Expenses 5200 Freight Direct Expenses 560 Carriage On Sales Indirect Expenses 800 Repairs Direct Expenses 900 Sundry Debtors Sundry Debtors 6000 TOTAL 62040 62040* closing stock 980

GROSS PROFIT RS:

NET PROFIT RS:

BALANCE SHEET RS:



Loan At 6% P.A Loans Liability 20000

Sales Sales 350000

Interest Indirect Income 5640


Commission Recei Indirect Income 630

Return Outward Purchase 6430

Investment Investment 19000

Furniture Fixed Assets 500

Commission Indirect Expenses 470

Reparis Direct Expenses 3620

Bank Balance Bank 8800

Petty Cash Cash In Hand 70

Interest On Loan Indirect Expenses 300

Travelling Expnes Indirect Expenses 12000

Printing Indirect Expenses 880

Stock On 1.1.2009 Stock In Hand 89680

Postage Indirect Expens 5620

Pruchase Purchase 256590


Wages And Salary Direct Expenses 40970


Land & Building Fixed Assets 37770

Bills Receivable Current Assets 4500


TOTAL 550550 550550*Closing stock rs.128960

GROSS PROFIT RS:

NET PROFIT RS:

BALANCE SHEETRS:

(7) NAME UNDER NAME DR CR


Sales Sales 25000



Rent Indirect Expenses 1500




Bank Balance Bank 4500

Cash Cash 2000

Stock 1.1.2009 Stock In Hand 5200

Debtors Sundry Debtors 2500

Creditors Sundry Creditors 100

66000 66000

adjustments: F7 ONLY

1.Stock 31.12.2009 rs.4900A/C INFORMATION - LEDGER - CREATE - PAGEUP – SELECT STOCKSELECT OPENING STOCK -TYPE CLSOING STOCK . STOCK DEBIT BALANCE only

2.Salaries unpaid rs.300SALARY A/C DR (IND.EXP) 300TO OUTSATNDING SALARY(CURRENTLIABILITIES) 300

3.Rent paid in advance rs.200PREPAID RENT A/C DR 200(CURRENT ASSETS)TO RENT A/C 200(INDIRECTEXP)

4.Insruance prepaid rs.90PREPAID INSURANCE A/C DR 90(CURREN ASSETS)TO INSURANCE A/C 90(INDIRECT EXP)

Result:Gatewayof tally-Profit&loss a/c-BalancesheetGross Profit:9700 Net profit;5890 Balance sheet:42190

Next go to Gateway of tally-display-daybook-Alt+F1

(8) NAME UNDER NAME DR CR

Land And Building Fixed Assets 42000



1.4.2009 Stock Stock In Hand 5760


Patents Current Assets 40675





Fuel & Power Direct Expenses 4730

Carriage On Sales Indirect Expenses 3200

Carrage On Purchase Direct Expenses 2040


General Expenses Indirect Expenses 3000




Sales Sales 98780

Return Outwards Purchase 500



176580 176580

adjustments: F7 (JOURNAL ONLY)

1.Stock on 31.3.2009 was rs.6800A/C INFORMATION - LEDGER - CREATE - PAGEUP - SELECT STOCKSELECT OPENING STOCK -TYPE CLSOING STOCKSTOCK DEBIT BALANCE ONLY

2.Salary outstanding rs.1500SALARY A/C DR (IND.EXP) 1500TO OUTSATNDING SALARY(CURRENTLIABILITIES)1500

3.Insurance parepaid rs.150PREPAID INSURANCE A/C DR 150(CURRENASSETS)TO INSURANCE A/C 150(INDIRECT EXP)

4.Depreciate machinery @ 10% and patents @ 20%

DEPRECIATION A/C DR(INDIRECT EXPENSES) 4600TO MACHINERY A/C(F.A) 2000TO PATENTS A/C (C.A)2600

5.Create a provision of 2% on debtors for bad debtsBAD DEBTS A/C DR (INDIRECT EXPENSES) 290TOSUNDRY DEBOTS A/C(SUNDRY DEBOTS)290

RESULT: Gateway of tally - PROFIT& LOSS A/C / B SGROSS PROFIT RS:43715 NET PROFIT RS:16775 BALANCE SHEET RS:90330

NEXT GO TO GATEWAY OF TALLY -DISPLAY – DAYBOOK - ALT+FI DETAIL

(9) NAME UNDER NAME DRDrawings Capital 45000 Goodwill Current Assets 90000

Building Fixed Assets 60000 Machinery Fixed Assets 40000 Bills Receivable Current Assets 6000 Opening Stock Stock In Hand 40000 Purchases Purchase 51000 Wages Direct Expenses 26000 Carriage Outward Indirect Expenses 500 Carriage Inward Direct Expenses 1000 Salaries Indirect Expenses 35000 Rent Indirect Expenses 3000 Discount Indirect Expenses 1100 Repairs Direct Expenses 2300 Bank Bank 25000 Cash Cash In Hand 1600 Debtors Sundry Debtors 45000 Bad Debtors Indirect Expenses 1200 Sales Return Sales 2000 Furniture Fixed Assets 6000 Advertising Indirect Expenses 3500 Gneral Expenses Indirect Expenses 450 Capital Capital 160000Bills Payable Current Liablility Creditors Sundry Creditors Purchase Return Purchase Sales Sales 218000 485650 485650

adjustments: F7 ONLY

1.closing stock was rs.35000

A/C INFORMATION - LEDGER - CREATE - PAGEUP - SELECT STOCK

SELECT OPENING STOCK -TYPE CLSOING STOCK - STOCK DEBIT BALANCE ONLY

2.Depreciate machinery and furniture by 10%

DEPRECIATION A/C DR(INDIRECT EXPENSES) 4600

TO MACHINERY A/C (FIXED ASSETS) 4000

TO FURNITURE A/C (FIXED ASSETS) 600

3.Outstanding wages rs.1500

WAGES A/C DR (DIRECT EXPENSES) 1500

TOOUTSTANDING WAGES A/C (CURRENT LIABILITY)1500

4.Prepaid advertisement rs.500

PREPAID ADVERTISEMENT A/C DR (CURRENT ASSETS)500

TO ADVERTISEMENT AIC (INDIRECT EXPENSES) 500

5.Create 5% on debtors for bad debts as provision

BAD DEBTS A/C DR (INDIRECT EXPENSES) 2250

TO SUNDRY DEBOTS A/C(SUNDRY DEBOTS) 2250

RESULT: A/C INFORMATION - PROFIT& LOSS A/C / BALANCE SHEET

GROSS PROFIT RS.134150

NET PROFIT RS.80750

BALANCE SHEET RS.302250

*NEXT GO TO GATEWAY OF TALLY -DISPLAY - DAYBOOK -ALT+FI

Enter the following transactions in the voucher entry of Idhayam of Kumbakonam

1.1.2010 Commenced business with cash rs.180000 (F6.Receipt)

3 Depostied into Indian bank rs.55000 (F4.Contra)

4 Purchases goods for cash rs.22000 (F9.Purchase)

5 Bought goods of Siva rs.72000 (F9.Purchase)

8 Cash sales rs.16200 (F8.Sales)

11 Cash deposited into Bank rs.23000 (F4.Contra)

14 Purchased furniture for cash rs.4000 (F5.Payment)

16 Sold goods to Ram rs.12700 (F8.Sales)

17 Received cash from Ram rs.12446Allowed him discount rs.254 * (F6.Receipt)

Cash a/c Dr 180000 Cash in handTo capital a/c 180000 Capital

BAnk a/c Dr 55000 BankTo cashl a/c 55000 Cash in hand

Purchase a/c Dr 22000 PurchaseTo cash a/c 22000 Cash in hand

Purchase a/c Dr 72000 PurchaseTo Siva a/c 72000 Sundry creditors

Cash a/c Dr 16200 Cash in handTo Sales a/c 16200 Sales

Indian Bank a/c Dr 23000 BankTo Cash a/c 23000 Cash in hand

Furniture a/c Dr 4000 Fixed assetsTo Cash a/c 4000 Cash in hand

Ram a/c Dr 12700 Sundry DebtorsTo Sales a/c 12700 Sales

18 Paid Siva Cash rs.12000Discount allowed by him rs.240 * (F5.Payment)

20 Paid Wages rs.1800 (F5.Payment)

21 Sold goods to Raj rs.35000 (F8.Sales)

22 Paid cash for trade expenses rs.150 (F5.Payment)

24 Sold goods to Roja rs.23280 (F8.Sales)

25 Received from Raj rs.21000Allowed him discount rs.525 * (F6.Receipt)

26 Paid Siva cahs on account rs.24000 (F5.Payment)

28 Sold goods for cash rs.9000 (F8.Sales)

Trade expneses a/c Dr 150 Indirect expensesTo Cash a/c 150 Cash in hand

Siva a/c Dr 24000 Sundry CreditorsTo Cash a/c 24000 Cash in hand

Raj a/c Dr 35000 Sundry DebtorsTo Sales a/c 35000 Sales

Wages a/c Dr 1800 Indirect expnesesTo Cash a/c 1800 Cash in hand

Siva a/c Dr 12240 Sundry CreditorsTo cash a/c 12000 Cash in handTo Discount Received a/c 240 Indirect Income

Cash a/c Dr 21000 Cash in handDiscount allowed a/c 525 Indirect expensesTo Raj a/c 21525 Sundry Debtors

Roja a/c Dr 23280 Sundry debtorsTo Sales a/c 23280 Sales

Cash a/c Dr 12446 Cash in handDiscount allowed a/c 254 Indirect expensesTo Ram a/c 12700 Sundry Debtors

29 Paid cash for stationery rs.180 (F5.Payment)


30 Paid cash for miscellaneous expenses rs.150 (F5.Payment)

20 Paid to cash from Roja rs.12500Discount received rs.254 (F5.Payment)

21.Purchased stationery160-(F4.payment)

23.received cheque from Raj9000-(F6.Receipt)

Cash a/c Dr 9000 Cash in HandTo Raj a/c 9000 Sundry Debtors

25.Paid Devi13600-(F5.Payment)

Devi a/c Dr 3600 Sundry CreditorsTo Cash a/c 3600 Cash in hand

26.Received Commission 740-(F6.Receipt) Cash a/c Dr 740 Cash in handTo Commission a/c 740 Indirect Income

26.Paid into Bank 2500-(F4.Contra)Bank a/c Dr 2500 BankTo Cash a/c 2500 Cash in hand

27.Paid Telephone Charges300-(F5.Payment)

Telephone a/c Dr 300 Indirect ExpensesTo Cash a/c 300 Cash in hand

28.Drawn from Bank 3800-(F4.Contra) Cash a/c Dr 3800 Cash in handTo Bank a/c 3800 Bank

28.Goods sold for cash 11200-(F8.Sales)Cash a/c Dr 11200 Cash in handto Sales a/c 11200 Sales

Result :Gateway of Tally-Display-Accounts books-Cash a/c (OR)Ledger-cash-E+E

DOUBLE COLMN CASH BOOKEnter the following transaction in ROJA’s Cash book with Discount and Cash Columns March 20101.cash balance18500

Roja a/c Dr 13000 Cash in handToDiscount received a/c 500 Indirec expensesTo Cash a/c 12500 Sundry Debtors

Cash a/c Dr 24000 Cash in handTo capital a/c 24000 Capital

Purchase a/c Dr 6000 PurchaseTo cash a/c 6000 Cash in hand

Raj a/c Dr 9000 Sundry DebtorsTo Sales a/c 9000 Sales

Purchase a/c Dr 13600 PurchaseTo Devi a/c 13600 Sundry creditors

Furniture a/c Dr 9600 Fixed assetsTo Cash a/c 9600 Cash in handStationery a/c Dr 180 Indirect expensesTo Cash a/c 180 Cash in hand

Miscellaneous a/c Dr 150 Indirect expenses

Give Opening balance of cash3.cash sales 33000-(F8.sales)


7.paid Dravid15850 and discount allowed by him 150(F5.Payment)Dravid a/c Dr 16000 Sundry creditorsTo Cash a/c 15850 Cash in handTo Discount Received 150 Indirect income

13.sold goods to Manohar on credit 19200 (IGNORED)Manohar a/c Dr 19200 Sundry debtorsTo Sales a/c 19200 Sales

15.cash withdrawn for personal expenses 2400(F5.payment)Drawing a/c Dr 2400 Indirect expensesTo cash a/c 2400 Cash

16.purchased goods from charles on credit 14300(IGNORED)Purchase a/c Dr 14300 PurchaseTo charles a/c 14300 Sundry creditors

22.paid into bank22750(F5.payment)Bank a/c Dr 22750 Bank To cash a/c 22750 Cash in hand

25.cash received from Manohar 19000 and allowed him discount200(F6.receipt)Cash a/c Dr 19000 Cash in handDiscount allowed 200 Indirect expensesTo Mahohar 19200 Sundry debtors

26.drew a cheque for office use 17500(F4.contra)Cash a/c Dr 17500 Cash in handTo Bank a/c 17500 Bank

27.paid cash to saravanan2950 and discount received form him 50(F5.payment)Saravanan a/c Dr 3000 Sundry creditorsTo cash a/c 2950 Cash in handTo Discount received 50 Indirect income

28.paid cash to charles less discount 14200(F5.payment)Charles a/c Dr 14300 Sundry creditorsTo cash a/c 14200 Cash in handTo Discount received 800 Indirect income

29.cash purchase 13500(F9.purchase)Purchase a/c Dr 13500 PurchasesTo cash a/c 13500 Cash in hand

30.paid for Advertising 600(F5.payment)

Advertising a/c Dr 600 Indirect expensesTo cash a/c 600 Cash in hand

31.paid Salaries 12000(F5.payment)Salaries a/c Dr 12000 Indirect expensesTo cash a/c 12000 Cash in hand

PETTY CASH BOOKPetty cashier received rs.600,

Give opening balance of cash 3.stamps 50-(F5.payment)

Stamps a/c Dr 50 Indirect expensesTo cash a/c 50 Cash in hand

5.taxi fare 100-(F5.payment)Taxi fare a/c Dr 100 Indirect expensesTo cash a/c 100 Cash in hand

6.Pencils & Pads 75-(F5.payment)Pencils & pads a/cDr 75 Indirect expensesTo cash a/c 75 Cash in hand

7.Registry 25-(F5.payment)Registry a/c Dr 25 Indirect expensesTo cash a/c 25 Cash in hand

10.Speed Post 45-(F5.payment)Speed post a/c Dr 45 Indirect expensesTo cash a/c 45 Cash in hand

12.Telegram35-(F5.payment)Telegram a/c Dr 35 Indirect expensesCash a/c 35 Cash in hand

15.Refreshment55-(F5.payment)Refreshment a/c Dr 55 Indirect expensesTo cash a/c 55 Cash in hand

16.Auto fare20-(F5.payment)Autor fare a/c Dr 20 Indirect expensesTo cash a/c 20 Cash in hand

19.Typing Paper 60-(F5.payment)Typeing paper a/c Dr 60 Indirect expensesTo Cash a/c 60 Cash in hand

20.Bus fare 15-(F5.payment)

Miscellaneous a/c Dr 150 Indirect expenses

Bus fare a/c Dr 15 Indirect expensesTo Cash a/c 15 Cash in hand

22.Trunk calls 43-(F5.payment)Trunk calls a/c Dr 43 Indirect expensesTo cash a/c 43 Cash in hand

25.Office cleaning 18-(F5.payment)Office cleaning a/c Dr 18 Indirect expensesTo cash a/c 18 Cash in hand

30.Courier Services 17-(F5.payment)Courier service a/c Dr 17 Indirect expensesTo Cash a/c 17 Cash in hand

Result :Gateway of Tally-Display-Accounts books-Cash a/c (OR)Ledger-cash-E+E-F8.columnar-select Yes or No-Type of column(select.All items (automatic columns)-Accept.etc.,

BANK RECONLATION STATEMENTCompany Create(Date April.2010)-Gateway of Tally-Accounts Info-Ledger-create(indian bank(u/n.Bank accounts-Rs.1,00,000(Effective dae of Reconcilation ? YES),Raja(S.Dr),Roja(S.Dr)-Ram(S.Dr)-Suba(S.Cr),Sutha(S.Cr),Suji(S.Cr)) NEXT go to Voucher Entry-

April 2.cheque received on Raja 1500(F6.Receipt)Indian bank a/c Dr 1500 Bank accountsTo Raja a/c 1500 Sundry debtors

April 3.cheque issued on Suba 1000(F5.Payment)Suba a/c Dr 1000 Sundry creditorsTo Indian bank a/c 1000 Bank accounts

April 6.cheque received on Roja 3000(F6.Receipt)Indian bank a/c Dr 3000 Bank accountsTo Roja a/c 3000 Sundry debtors

April 9.cheque issued on Sutha 2000(F5.Payment)Sutha a/c Dr 2000 Sundry creditorsTo Indian bank a/c 2000 Bank accounts

April 12.cheque received on Ram 6000(F6.Receipt)Indian bank a/c Dr 6000 Bank accounts

To Ram a/c 6000 Sundry debtors

April 15.cheque issued on suji 4000(F5.Payment)Suji a/c Dr 4000 Sundry creditorsIndian bank a/c 4000 Bank accounts

Gateway of Tally-Display-Accounts books-Bank book-Bank account(OR)Ledger-select Indian bank-E+E-press F5.Reconcil-(Checked Balance as per Company books and Balance as per Bank)Newly open BANK DATE give cheques isssued and received DATE(Again Checked Balance as per Company books and Balance as per Bank).Once give the date again you give F5.Reconcil is blanked.

F.11 - FEATURES

Allow multi currency ? YES

1.Gateway of tally-Account Info-Currencies-Create-Symbols($,E,R,D,Y)-Formal name (Dallor,Euro,Reyal,Dhinar,Yen)-Accept-Esc+Esc –Next -Rate of Exchange-Std.Rate=50,Selling Rate=60,Buying Rate=40-Accept.NEXT

2.Account info-Ledger-Create-(Purchase(u/n-Purchase),Sales(u/n-sales),Rentpaid(u/n-Ind.Exp),Interest received(u/n-Ind.Income).Esc*3 times-NEXT

3.Voucher Entry-Type 4 entires each entry currencies converted the Display:-Purchase & Payment entry(Take Buying rate), Sales & receipt(Take Selling rate)

Maintain Budget and Control ? YES

Gateway of tally-Account Info-Budget-Create-(1.Name:Advertising, 2.Under:Primary,3.Period of Budget From 1.4.2009 To 30.6.2009.

4.Set/Alter Budget of

(Groups – Yes-NEXT-give Account Name-Indirect Expenses NEXT Type of Budget = 2 types : 1.on closing balance 2.on nett transactions(you select any one methods)NEXT-give budget amount rs.5000)NEXT-

(Ledger -Yes-NEXT- Name-(Press Alt+C –Create Ledger Advertising.u/n Indirect Expneses)Advertising NEXT Type of Budget = 2 types : 1.on closing balance 2.on nett transactions(you select any one methods)*select budget Types and Amount is same groups&ledger NEXT-give budget amount rs.5000)-Accept.

NEXT-Gateway of tally-Voucher entry-F5.Payment-F2.Date is given each voucher entries (up to Budget Period)

5.4.2009 Paid Advertising 2000Advertising a/c Dr 2000To Cash a/c 2000



NEXT-Gateway of Tally-Display-Account book-Ledger-Advertising+E-NEXT – 1.Press Alt+C(see commands area-New column)-give budget date-From 1.4.2009 To 30.6.2009, Budget value-Actual. Name of the Ledger-Advertising+E-Display Ledger Monthly Summary-To refer Amount and Grafe-Press Esc.

NEXT-Ledger-advertising – 2.Press Alt+A(see commands area-Alter column)-give budget date-From 1.4.2009 To 30.6.2009, Budget value-Actual. Name of the Ledger-Advertising+E-Display Ledger Monthly Summary-To refer Amount and Grafe-Press Esc.

NEXT –-Ledger-advertising- 1.Press Alt+C(see commands area-New column)-give budget date-From 1.4.2009 To 30.6.2009, Budget value-Advertising. Name of the Ledger-Advertising+E-Display Ledger Monthly Summary-To refer Amount and Grafe-Press Esc.

NEXT –-Ledger-advertising- 2.Press Alt+A(see commands area-Alter column)-give budget date-From 1.4.2009 To 30.6.2009, Budget value-Advertising. Name of the Ledger-Advertising+E-Display Ledger Monthly Summary-To refer Amount and Grafe-Press Esc.

Maintain Billwise detail ? YES(for non trading a/c also) ? YESGateway of Tally-Account Info-Ledger-Create1.Sales(u/n.sales), Maintain balances bill-by-bill ? Yes 2.Anbu,Anand,babu,basu (u/n.Sundry Debtors), Maintain balances bill-by-bill ? Yes

NEXT:Gateway of Tally-Voucher entry-F8.sales-F2.Date-

1)April.1.Goods sold to Anbu 1000- 30 days credit- F8.salesAnbu a/c Dr 1000

Display – Bill wise details(Type of Ref= -select New Ref-Name=Anbu or give number-Credit days=30-Amount 1000+E -NEXT

TO Sales a/c 10002)April.2.Goods sold to Anand 2000-25 days credit- F8.sales-

Anand a/c Dr 2000Display – Bill wise details(Type of Ref= -select New Ref-Name=Anand or give number-Credit days=25-Amount 2000+E -NEXT

TO Sales a/c 20003)April.3.Goods sold to Babu 3000-20 days credit- F8.sales

Anand a/c Dr 3000Display – Bill wise details(Type of Ref= -select New Ref-Name=Babu or give number-Credit days=20-Amount 3000+E -NEXT

TO Sales a/c 30004)April.4.Goods sold to Basu 4000-15 days credit- F8.sales

Anand a/c Dr 4000Display – Bill wise details(Type of Ref= -select New Ref-Name=Basu or give number-Credit days=20-Amount 4000+E -NEXT

TO Sales a/c 4000NEXT:Gateway of Tally-Display-Account book-Ledger-select Sales+E-select F8.Other report-select Bill wise details-check Ledger outstandings

NEXT:Gateway of Tally-Voucher entry-F6.Receipt-give credit days last date(example:31.4.2009) I will give only one (Anbu transaction) results

TO Anbu a/c 900Display – Bill wise details(Type of Ref= -select Agst Ref+E-Name=List of pending bills display+E-900+E -NEXT

Cash a/c 900

Accept – NEXT:Gateway of tally-Display-Accounts book-Ledger-select Anbu+E-(Display Ledger monthly summary & referred acutal amount and Pending amount)-Select F8.Other report-Bill wise details+E+E(referred detail bill wise details in Anbu).

NEXT: Gateway of tally-Display-Accounts book-Ledger-select Anbu+E-F10.Acc.Rep-Select Bills Receivable(credit sales only) &Bills payable(credit purchase only) refered over dues excess date (OR)

NEXT: Gateway of tally-Display-Statement of Accounts-Outstandings-Check Receivable(credit sales only)\Payable(credit purchase only)

Maintain Cost Centres ? Yes

More than one Cost Categories ? Yes

Gateway of Tally-Accounts Info-Cost Categories-Create-Name=Travelling-Accept+Esc+Esc+Esc-

NEXT-Cost Centres-Create-Category=Travelling-Name=1.Airfare,2.Busfare,3.Trainfare,4.Carfare,5.Autofare-Under=Primary-Accept.NEXT- Gateway of Tally-Accounts Info-Ledger-Create-Travelling Expenses(u/n.Indirect Expenses)-Cost Centre are applicabale ? Yes. Accept.

NEXT-Gateway of Tally-Voucher entry-F5.Payment-F2.Date (Different date 3 or 4 voucher entry passed)

1)Jan.2. Paid Traveling Expenses rs.500-by Carfare- F5.PaymentTravelling exp a/cDr 500

Display – Cost allocation(Cost category= Traveling, Name of the Cost Centre=Carefare 500+E )-NEXT

To Cash a/c 500 2) 1)Jan.4. Paid Traveling Expenses rs.250-by Trainfare- F5.Payment

Travelling exp a/cDr 250Display – Cost allocation(Cost category= Traveling, Name of the Cost Centre=Trainfare- 250+E )-NEXT

To Cash a/c 250 3) 1)Jan.6. Paid Traveling Expenses rs.125-by Busfare- F5.Payment

Travelling exp a/cDr 125Display – Cost allocation(Cost category= Traveling, Name of the Cost Centre=Busfare 125+E )-NEXT

To Cash a/c 125 4) 1)Jan.8. Paid Traveling Expenses rs.75-by Autofare- F5.Payment

Travelling exp a/cDr 75Display – Cost allocation(Cost category= Traveling, Name of the Cost Centre=Autofare 75+E )-NEXT

To Cash a/c 75 5) 1)Jan.2. Paid Traveling Expenses rs.3500-by Airefare- F5.Payment

Travelling exp a/cDr 3500Display – Cost allocation(Cost category= Traveling, Name of the Cost Centre=Airfare 3500+E )-NEXT

To Cash a/c 3500 NEXT:Gateway of Tally-Display-Statement of Accounts-Cost centre-referred each heads.(OR)Gateway of tally-Display-Accounts book-Ledger-select Travelling exp-E- F8.Other Rep-select Cost Centre Breakup- see cost breakup ledger

Use Rev. Journals ? Yes

If you want to use Reverse Journal Vouchers, then it will be available in Voucher on Pressiong F10.momos-It is smimiar to Journal Voucher but is not included in regular accounts. To get mid-year Final Accounts, make entries in Reverse Journal and while viewing Reports ask to include it.

Use Debit/Credit note ? Yes

Credit Note: You generally raise a Credit note when a buyer returns some goods that you Sold him (Sales Return) or you grant him credit due to rate difference or discount/rebate or when is there is an excess debit to any party.

Create New Company-Gateway of Tally-Accounts Info-Ledger-create(sales(u/n.Sales),Suresh(u/n.Sundry Debtors), NEXT-Voucher Entry-F8.Sales –

1. Jan.10. sold goods to Ram Rs.1000

Ram a/c Dr 1000To Sales a/c 1000

*goods return(sales return) discount/rebate was adjusted Rs.100NEXT:Gateway of Tally-Voucher entry-Pressing F7.Journal-select Credit Note+E+F2.Date.

To/Cr Ram a/c 100Sales a/c 100

NEXT:Gateway of Tally-Display-Accounts book-Ledger-select Ram+E+EResult: 1000-100=900 anser(less the Credit Note amount in a/cs)

Debit Note: You raise a Debit Note when you make purchase Return or when you have shortbilled a customer or you are granted Credit by your Supplier due to rate difference, discount etc.,

1. Jan.20.purchased goods from Ponni Rs.200Purchase/c Dr 200To ponni a/c 200

*goods return(purchase return) discount/rebate was adjust Rs.20NEXT:Gateway of Tally-Voucher entry-Pressing F7.Journal-select Debit Note+E+F2.Date.

Ponni a/c Dr 20purchase a/c 20

NEXT:Gateway of Tally-Display-Accounts book-Ledger-select Ponni+E+EResult: 200-20=180 anser(less the Debit Note amount in a/cs)

Documents

Tally Practical Question