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