How to Create Stock item for TCS goods in Tally Prime?
Step: GOT > Create > Stock Item
Ø In Stock Item screen fill all details for TCS nature of Goods like,
· Name – Type name of TCS Nature of Goods like I type “Scrap”
· Under – Select “Primary”
· Is TCS applicable – Select ‘Applicable’ for TCS Collection
· Nature of Goods – Select Nature of Goods for Scrap Item like I select “Scrap”.
Ø
Fill all above details like following screenshot:
Ø Press Ctrl+A to save this screen
Ø Practice Exercise for Create Expense Ledger, for You
Name
Under
Units
Is TCS applicable
Nature of Goods
Timber
Primary
MT
Applicable
Timber wood under a forest
leased
Tendu Leaves
Primary
Kgs
Applicable
Tendu leaves
· Process 4: Create Collectee Ledger to Selling
