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