Wednesday, July 3, 2013

How to make Data Entry in Tally ERP 9 (easy learning)

Before making data entry create Company in Tally ERP 9, activate the features, and configure the tally for using your data entry and reporting. Activate multi currency option if you have transactions in foreign currencies.
The success of using the various features will depend upon the accuracy of data entry made.

Never pass consolidated entry like depreciation, petty cash payment, bank payment or receipts
The reason being it will give reports which C.A.’s mind will not accept
Open Ledger account which will give its features and flavour of its character
Select an appropriate group for the account and change the group from time to time on change in debit or credit balance change.
Activate required stock features to have quantitative reports
Enter from time to time the Bank statement in tally to have bank reconciliation missing entries.
There are main five part of data entry in tally erp 9 i.e. purchase, sales, receipt, payment, journal
You must have to know where to DR and where to CR. 
Note:  for perfection in tally erp 9 data entry, you can create dummy company and start various sample data entry. and check, effects of each entry. you will be master within few days 


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