Tally_ppt_sunita

Views:
 
Category: Education
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

Slide 1:

Project by : Sunita Maurya

Introduction:

Introduction Tally software in market since 1986. We have already known how to maintain accounts manually. Tally is an accounting package which is used for maintaining your accounts electronically. Tally different versions3,3.1,4,4.5,5,5.4,6.3,7.2,8.1,9,ERP9

Slide 3:

General Features of Tally It maintains all the primary books of accounts, like Cash Book and Bank Book. Tally maintains all registers like Purchase Register, Sales Registers and Journal Registers. Tally maintains all statement of accounts like Balance Sheet, Profit and Loss and Trial Balance, Cash Flow and Stock Statement.

Slide 4:

A Tally can maintain ‘Outstanding Reports’. It may provide complete bill-wise information of amounts receivable as well as payable either party-wise or group-wise. It provides the facility of Bank Reconciliation It can provide a report for a particular date or reports for any range of dates . General Features of Tally

Slide 5:

Company creation Accounts inventory Voucher creation Trial balance -- P & L Accounts A/c Balance sheet TDS Service Tax VAT

Slide 6:

Getting Started with Tally Button Bar Calculator Pan Information pan

Slide 7:

To create the company you would click at ‘Create Company’ option A new window will appear with various items on the screen. Getting Started with Tally

Slide 8:

The next window is as follow : Company creation

Slide 9:

The next window is as follow : Company creation Type the name of the company you want to create

Slide 10:

The next window is as follow : Company creation You can type some other mailing name of the company.

Slide 11:

The next window is as follow : Company creation Type mailing address of the company.

Slide 12:

The next window is as follow : Company creation In Tally accounts can be maintained in a two different ways:.

Slide 13:

The next window is as follow : Company creation

Slide 14:

The next window is as follow : Company creation

Slide 15:

The next window is as follow : Company creation This option provides security control to your company accounts

Slide 16:

Company creation After filling all the required information press enter. A new window will appear asking for confirmation. For acceptance press ‘Y’.

Slide 17:

Company creation After filling all the required information press enter. A new window will appear asking for confirmation. For acceptance press ‘Y’.

Slide 18:

Company creation The next window is as follow :

Slide 19:

Company Info Press Alt + F3 and THE next window is as follow :

Slide 20:

Company Info Press Alt + F3 and THE next window is as follow : This option permits you to load any company, which was created earlier, from the list of companies listed.

Slide 21:

Company Info Press Alt + F3 and THE next window is as follow : It allows you to exit, from the companies not in use, from the dialog box

Slide 22:

Company Info Press Alt + F3 and THE next window is as follow : It allows you to change the information of an existing company filled at the time of creation of the company

Slide 23:

Company Info Press Alt + F3 and THE next window is as follow : To change the password, given earlier at the time of creating the company

Slide 24:

Company Info Press Alt + F3 and THE next window is as follow : Split the companies to form two companies out of the existing one; after the data specify by the user.

Slide 25:

Company Info Press Alt + F3 and THE next window is as follow : This option allows the user to take a backup either on local hard disk or on any external media..

Slide 26:

Company Info Press Alt + F3 and THE next window is as follow : This option allows the user return to original, usable and functional condition. Restore data from one storage to another

Slide 27:

Company Info Press F11 and THE next window is as follow :

Slide 28:

Company Info Press F11 and THE next window is as follow :

Slide 29:

Company Info Press F12 and THE next window is as follow :

Slide 30:

Company Info Press F12 and THE next window is as follow :

There are 28 Predefine Groups in Tally ERP9out of which 15 Primary Groups and 13 are subgroups:

There are 28 Predefine Groups in Tally ERP9out of which 15 Primary Groups and 13 are subgroups Pre define Groups in Tally ERP9 Accounts Info This block has the following masters, Groups, ledgers and Voucher Types Each one of them when clicked would lead you to create.

Slide 32:

Accounts Info Click on Groups We can create group by click on groups

There are 2 Pre define ledgers 1. Cash 2. Profit & Loss Account:

Accounts Info There are 2 Pre define ledgers 1. Cash 2. Profit & Loss Account Pre define Ledgers in Tally ERp9 In Tally ERp9 we can create multiple ledgers at a time in this mode this will save the time of user. We can do alteration in ledgers and delete by Alt + D

Slide 34:

Accounts Info Click on Ledgers We can create Ledgers by click on Ledgers

Slide 35:

Accounts Info In Tally ERp9 there are few modes for handling differe nt type of entries. there are two basic categories: Accounting Vouchers Inventory vouchers There are 18 Voucher types .in tally erp9

Slide 36:

Accounts Info Click on Voucher Creation

There are two type of Measurement unit. 1.Simple 2. Compound :

There are two type of Measurement unit. 1.Simple 2. Compound Inventory Info In tally ERP9 stock groups and stock category in inventory info by this we can maintain item grouping and category.

There are two type of Measurement unit. 1.Simple 2. Compound :

There are two type of Measurement unit. 1.Simple 2. Compound Inventory Info In tally ERP9 stock groups and stock category in inventory info by this we can maintain item grouping and category. Click on

Slide 39:

Viewing Reports Viewing balance sheet Profit & Loss A/c Trial balance Display

Slide 40:

Viewing Reports Balance sheet

Slide 41:

Viewing Reports Profit & loss A/c

Slide 42:

Viewing Reports Trial Balance

Slide 43:

Viewing Reports Stock summary

TDS in Tally.ERP 9 :

TDS in Tally.ERP 9 TDS (Tax Deducted at Source) is direct tax in Tally.ERP 9 provides an easy-to-use and flexible interface. It helps you to handle intricate cases and calculate the tax payable to the Income Tax Department. Tally.ERP 9 calculates the tax of all parties/ suppliers where TDS deduction is mandatory.

TDS in Tally.ERP 9 :

TDS in Tally.ERP 9 It calculates the TDS automatically and prints Form16A certificates, Forms 26Q, 27Q, 26, 27 and 27A (Cover Note) for Quarterly/ Annual Returns as per statutory requirement. It allows the user to view and print various TDS reports, Challans and TDS Outstanding statements

Features of TDS in Tally.ERP 9  :

Features of TDS in Tally.ERP 9 Simple and user-friendly. Quick and easy to set up and use. Accounting for tax payment of bills. Flexibility for assisted calculation of TDS. Complete tracking of each transaction from deduction to payment. Challan management and printing for prompt and accurate filing of tax.

Features of TDS in Tally.ERP 9  :

Features of TDS in Tally.ERP 9 The Auto allocation feature prevents error-prone data entry and helps track the transactions faster. Form 16A management: Can be printed for a transaction Can be printed for a period Can be printed yearly Electronic format (e-TDS return) with Form 26Q, 27Q, 26 and Form 27 and  which will be validated by the utility, provided by the government. Generates Form 16A, TDS Challan , TDS Computation and TDS Payable reports

TDS in Tally.ERP9:

TDS in Tally.ERP9 To enable TDS in Tally.ERP 9, Go to Gateway of Tally> F11: Features> F3: Statutory & Taxation In the Company Operations Alteration screen, Set Enable Tax Deducted at Source (TDS) to Yes. Enable Set/Alter TDS Details to Yes.

TDS in Tally.ERP9:

TDS in Tally.ERP9

TDS in Tally.ERP9:

TDS in Tally.ERP9 Enter the TDS dedicator details in Company TDS Dedicator Details screen Press Enter to accept Company TDS Dedicator Details. Enter Permanent Account Number (PAN No.). PAN is 10 Digit Alpha numeric number alloted by the Income Tax Department to all the taxpayers whose income is taxable.

TDS in Tally.ERP9:

TDS in Tally.ERP9 Press Enter accept and to save.

TDS in Tally.ERP9:

TDS in Tally.ERP9 To view Statutory Masters Go to Gateway of Tally > Display > Statutory Info . The Statutory Info. Displays the following options: To view TDS Nature of payment: To view Dedicatee Types

Service Tax in Tally.ERP9:

Service Tax in Tally.ERP9 Service Tax is a indirect tax imposed on specified services (taxable services) provided by a service provider (Company, Individual, Firm etc.). Rate of service tax The current rate of service taxations 10.30% 10 charged on bill value, 2% on tax and remaining 1% on previous value. All service are not taxable

. Create 1Company :

. Create 1Company Service Tax in Tally.ERP9

Enabling Service Tax in Tally.ERP 9 :

Enabling Service Tax in Tally.ERP 9 T o enable Service Tax: Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation Set Enable Service Tax to Yes. Enable Set/Alter Service Tax Details to Yes to enter the Company Service Tax Details.

Company Service Tax Details :

Company Service Tax Details Completed Company Service Tax Details screen appears as shown Service Tax in Tally.ERP9

Completed Statutory & Taxation Features screen appears as shown :

Completed Statutory & Taxation Features screen appears as shown Service Tax in Tally.ERP9

Completed Statutory & Taxation Features screen appears as shown :

Completed Statutory & Taxation Features screen appears as shown Service Tax in Tally.ERP9

Service Tax Transactions:

Service Tax Transactions Transaction is divided into Two parts 1. Part I – Recording Basic Service Tax Transactions 2. Part II – Recording Advanced Service Recording Basic Service Tax Transactions Here we have taken there following example to explain the entire calculation of service tax in tally eg ..our company has sent the following bill ICA InfoTech pvt ltd… .on 1-8-2010 cn no 126801 destination sreerampur weight (KG) 80,Rate 8.amount 640

Now we create Account masters Ledgers:

Now we create Account masters Ledgers Ica InfoTech Pvt.LTd Courier Charges Service tax on courier Charges Education cess on courier service SecondaryEdu . Cess on courier charges Service Tax in Tally.ERP9

Recording Basic Service Tax:

Recording Basic Service Tax Service Tax in Tally.ERP9

Check the report from tally :

Check the report from tally Service Tax in Tally.ERP9

Slide 63:

Service tax credit is available on basis of in put tax on service. Every ledgers have been adjusted separately in adjustment entry. In case of company payment made on every month, else quarterly. Challan (GAR7)is must incase of payment. Return is filled half yearly. ST3 is treated as service tax return. ST3A is used for provisional filling of return. ST1 is required for registration. Registration is must , If the turnover crossed RS 900000 in financial year. Features of ST in Tally.ERP 9

Slide 64:

VAT in Tally.ERP9 Vat in simple teams is a multi-point levy on each of the entities in the supply chain with the facility of set-off input tax-that is the tax paid at the stage of purchase of raw materials by a manufacturer. Un register Dealer– Not exceeding RS.500000 Composite Dealer—Who has an annual turnover not exceeding Rs.50 Lacks Composite to regular Dealer—gross turnover during the year exceeding Rs.50 Lacks Regular dealer --- annual turnover not exceeding Rs.50 Lacks

Slide 65:

VAT in Tally.ERP9 Taxpayer's Identification Number (TIN) All dealer under the Vat Act will have to use 11Digit TIN. Creating a Company and Enabling VAT in Tally.ERP 9 Go to Gateway of Tally > Alt + F3 > Create Company Enter the basic information, i.e., Name, Mailing Name and Address of the company, for e.g., National Traders and other relevant details. Select Philippines from the List of Countries in the Statutory compliance for field.

Slide 66:

VAT in Tally.ERP9

Slide 67:

VAT in Tally.ERP9 Press Y or Enter to accept and save

Slide 68:

VAT in Tally.ERP9 Enabling VAT Returns Go to Gateway of Tally> Accounts Info. > F11: Features > F3: Statutory & Taxation Set Enable Value Added Tax (VAT) to Yes Select Type of Dealer as Regular Enter the VAT Registration number Enter VAT Applicable from date Enter the Line of Business Enter RDO Code given by the Philippines Customs and Excise Department

Slide 69:

VAT in Tally.ERP9 Accept to save the changes.

Slide 70:

VAT in Tally.ERP9 Furnishing of VAT Returns

Slide 71:

VAT in Tally.ERP9 Payment of VAT

authorStream Live Help