Complete Practical on Advanced Tally Prime

This is complete Practical Guide for Tally Prime with GST. Here, First we will create a Company and will enter all the previous years Closing balance as current years Opening Balance. Then we will Tally the Balance sheet of Previous Year.

Then we we will start the Voucher entries in Tally Prime as similar to practically done in any business. Transaction Vouchers given here are almost similar to vouchers kept in any business.

Further, at the end we will submit the GST report. 

what is tally accounting??

 

• What is Tally 
• How to start work in Tally
• Tally क्या है ?
• Tally का परिचय
• An Introduction – Tally 
• Company Creation in Tally
• What is Voucher in Tally
• Types of Vouchers in Tally
• Ledger Creation in Tally

1.  Voucher Type : Payment [F5]

• Dr. – Shop Rent Payable
• Cr. – Cash A/c

2.  Voucher Type : Payment [F5]

• Dr. – Office Expenses A/c
• Cr. – Cash A/c

3.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Amol TV Center

4.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Bhavsar TV Center

5.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Aditi Agency

6.  Voucher Type : Purchase [F9]

• Dr. – Purchase @ 18%
• Dr. – Purchase @ 28%
• Dr. – CGST 
• Dr – SGST 
• Cr. – New India Electronics Pvt. LTd.

7.  Voucher Type : Payment [F5]

• Dr. – Conveyance Expenses A/c
• Cr. – Cash A/c

8.  Voucher Type : Payment [F5]

• Dr. – Office Expenses A/c
• Cr. – Cash A/c

9.  Voucher Type : Payment [F5]

• Dr. – Unique Electronics
• Cr. – IDBI Bank

10.  Voucher Type : Payment [F5]

• Dr. – Siddhi Exports Limited
• Cr. – IDBI A/c

11.  Voucher Type : Payment [F5]

• Dr. – Shri Balaji Limited
• Cr. – IDBI A/c

12.  Voucher Type : Payment [F5]

• Dr. – Telephone Bill Payable A/c
• Cr. – IDBI A/c

13.  Voucher Type : Payment [F5]

• Dr. – Electricity Bill Payable A/c
• Cr. – IDBI A/c

14.  Voucher Type : Payment [F5]

• Dr. – Travelling Expenses A/c
• Dr. – Conveyance Expenses A/c
• Cr. – Cash A/c

15.  Voucher Type : Payment [F5]

• Dr. – Office Expenses Payable A/c
• Cr. – Cash A/c

16.  Voucher Type : Purchase [F9]

• • Dr. – Purchase @ 28%
  • Dr. – Purchase @ 88%
  • Dr. – CGST 
  • Dr – SGST 
  • Cr. – Star India Ltd.

17.  Voucher Type : Sales [F8]

• Dr. – Aditi Agencies
• Cr. – Sales @ 28%
• Cr. – Sales @ 18%
• Cr. – CGST
• Cr. – SGST 

18.  Voucher Type : Receipt [F6]

• Dr. – Cash
• Cr. – Bhagat Electronics

19.  Voucher Type : Receipt [F6]

• Dr. – Cash
• Cr. – Shakti Electronics

20.  Voucher Type : Sales [F8]

• Dr. – Mamta Electronics
• Cr. – Sales @ 28%
• Cr. – CGST
• Cr. – SGST 

21.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Aditi Agencies

22.  Voucher Type : Payment [F5]

• Dr. – Jayesh Mehta Capital A/c
• Cr. – Cash

23.  Voucher Type : Receipt [F6]

• Dr. – IDBI A/c
• Cr. – Mamta Electronics

24.  Voucher Type : Purchase [F9]

• Dr. – Purchase @ 5%
• Dr. – CGST 
• Dr – SGST 
• Cr. – Shri Balaji Ltd.

25.  Voucher Type : Payment [F5]

• Dr. – New India Electronics Pvt. Ltd.
• Cr. – IDBI Bank

26.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Jain Electronics

27.  Voucher Type : Receipt [F6]

• Dr. – IDBI A/c
• Cr. – Saibaba Furniture

28.  Voucher Type : Payment [F5]

• Dr. – Postage & Courier A/c
• Cr. – Cash

29.  Voucher Type : Payment [F5]

• Dr. – Transportation Exp. A/c
• Cr. – Cash

30.  Voucher Type : Payment [F5]

• Dr. – Postage & Courier A/c
• Cr. – Cash

31.  Voucher Type : Payment [F5]

• Dr. – Goods Inward Exp. A/c
• Cr. – Cash

32.  Voucher Type : Payment [F5]

• Dr. – Jayesh Mehta Capital A/c
• Cr. – Cash

33.  Voucher Type : Sales [F8]

• Dr. – Bhagat Electronics
• Cr. – Sales @ 18%
• Cr. – Sales @ 28%
• Cr. – Sales @ 5%
• Cr. – CGST
• Cr. – SGST 

34.  Voucher Type : Purchase [F9]

• Dr. – Purchase @ 18%
• Dr. – Purchase @ 28%
• Dr. – CGST 
• Dr – SGST 
• Cr. – New India Electronics Pvt. Ltd.

35.  Voucher Type : Receipt [F6]

• Dr. – IDBI Bank
• Cr. – Bhagat Electronics

36.  Voucher Type : Payment [F5]

• Dr. – Shri Balaji Ltd.
• Cr. – IDBI Bank

37.  Voucher Type : Sales [F8]

• Dr. – Tirupati Electronics
• Cr. – Sales @ 28%
• Cr. – Sales @ 18%
• Cr. – Sales @ 5%
• Cr. – CGST
• Cr. – SGST 

38.  Voucher Type : Contra [F4]

• Dr. – HDFC Bank
• Cr. – Cash

39.  Voucher Type : Payment [F5]

• Dr. – New India Electronics Pvt.Ltd.
• Cr. – HDFC Bank

40.  Voucher Type : Contra [F4]

• Dr. – Cash
• Cr. – HDFC Bank

Now do the Entries as you learnt above for following Vouchers. 

If you have done the entries, check whether the entries are correct or not. Here, answer is given for the voucher no 41 to 77.