How to Display/Alter Budget in Tally Prime?
Step: GOT > Alter > Budget > Select Your ‘Budget name’ > Enter
Ø After Display or Changes Press ‘Ctrl+A’ for Save changes
Ø For Delete Budget Press ‘Alt+D’ & Press Enter
Ø Practice Exercise for Creation of Budget in Tally Prime, for You
Ø Example2: Fill Details like that
· Name – Company Expense Budget
· Under – Primary
· From – 01/04/2020
· To – 31/03/2021
· Groups – Yes
· Group Name – Indirect Expense
· Type of Budget – On Closing Balance
· Amount – 1000000
· Ledgers –Yes
Account Name
Type of Budget
Amount
RENT
On Closing Balance
300000
ELECTRICITY
On Closing Balance
100000
TELEPHONE
On Closing Balance
200000
INTERNET
On Closing Balance
100000
WATER
On Closing Balance
300000
ü Process 2 : Payment Entry of Your Expenses
Ø Pass Payment Entry of Our Expenses in Budget
Step: GOT > Voucher > F5 > Ctrl+H > Single Entry
Ø
Pass Entry as Normal Way like this Following Screenshot:
Ø Press ‘Ctrl+A’ for save Screen
· For Show Budget Reports
Step: GOT > Display more Reports > Trial Balance > Select ‘Indirect Expense’ > F10 > ‘Alt+F2’
for Change Period
ØAfter reaching the Above Step, Screen will show like this following Screenshot:
Chapter-3: Advance Inventory in Tally Prime
Batch-wise Details in Tally Prime Class-1…………………………………………………………………….. 129
Track Additional Costs for Purchases in Tally Prime Class-2………………………………………….. 133
Bill of Material (BOM) in Tally Prime Class-3………………………………………………………………. 136
Zero Valued Transactions in Tally Prime Class-4………………………………………………………….. 142
Actual & Billed Quantity Transactions in Tally Prime Class-5…………………………………………. 145
Price Levels & Price List in Tally Prime Class-6……………………………………………………………. 148
Point of Sale (POS) in Tally Prime Class-7…………………………………………………………………… 153
Reorder Levels in Tally Prime Class-8…………………………………………………………………………. 158
Advance Inventory in Tally Prime
Batch-wise Details in Tally Prime Class-1
Batch-wise Details: – Batch-wise details are used to identify the movement of Inventory in batches or Lots. Although, this is a requirement primarily of the pharmaceutical industry. The same can be used by other industry that maintains manufacturing and expiry details of Perishable goods.
Or this Advance features useful for maintain manufacturing and expiry date of any Perishable stock-item.
Ex: Medicines & Fooding goods are Perishable stock-item, so we need to maintain its manufacturing and Expiry date.
Process 1: Activation of Batch-wise details
