Rent Expenses Entry In Tally ERP.9 With VAT

Scenario:  VIDYA T V Office rent expenses paid to Shivani  Real Estate LLC AED 12000/- with 5% VAT  dated 01-01-2018,  for the period of 01-01-2018 to 31-12-2018

Office Rent                   : 12000

5% Vat                          : 600

Total                             :  12600

How to Post above Entries in Tally ERP.9

Create Following Ledger in Tally

Rent Expenses (Group Under – Indirect Expenses)
Prepaid Rent (Group Under – Current Asset)
Shivani Real Estate LLC (Group Under – Sundry Creditor)

Step 01: Rent Expenses Booking for VAT Claiming.

Date	Particulars	Debit	Credit
1/1/2018	Rent Expenses	12000
	VAT	600
	Shivani  Real Estate LLC		12600

Step 02: Rent Expenses carry forward to current Asset.

In this above scenario all total amount of expenses booked for a single month but this figure is not only for a single month it’s for whole year rent so we can carry forward this figure to current asset without VAT.

Date	Particulars	Debit	Credit
1/1/2018	Rent Prepaid Expenses	12000
	Rent Expenses		12000

Step 03: Monthly Rent Payment Entry.

Date	Particulars	Debit	Credit
1/1/2018	Rent Expenses	1000
	Rent Prepaid Expenses		1000

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Document Attachment Modules In Tally ERP.9

Dear Friends, Today we are discussing about how to manage document through tally add-on, Its very useful for Managing your documents in a proper digital way.



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ITEM IMAGES IN TALLY ERP.9

Dear Friends,

Through this customization user can add item images in tally, Its very useful for large types of retails and whole sales customers.

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How to Enable Tally ERP.9 Auto Data Backup to Dropbox

     Tally Data Back is very import for every tally users, In normal Tally there is no provision for enable auto backup , so this tdl is very useful for normal tally user to take auto tally back to Dropbox or specific location.

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How to Enter Salary Details in Double Entry System

What is Payroll ? 

A payroll is a company's list of its employees, but the term is commonly used to refer to:

• the total amount of money that a company pays to its employees
• a company's records of its employees' salaries and wages, bonuses, and withheld taxes
• the company's department that calculates funds and pays these.

Payroll in the sense of  "money paid to employees" plays a major role in a company for several reasons.


What is Salary ?

Salary is a fixed amount of money or remuneration paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.


How to Enter Salary Entries in Accounts ?

Example: Arun is an Employee of VIDYA TV, His Monthly Salary is $3500/- He took some advance salary from Company of $1000/- on 15/09/2018. Here will see how to adjust salary advance against his September -2018 Salary.

In this scenario.
--------------------------------------------------------------------------------
Step-1 : Enter his salary advance Entry (Dated 15/09/2018)

            Dr.    Arun Salary Advance A/c            $1000          
                             
                                 To. Cash                                                $1000
--------------------------------------------------------------------------------
Step-2:Book Month End Salary (Dated 30/09/2018)

             Dr.    Arun Salary A/c                             $3500

                             To. Arun Salary Advance A/c                   $1000
                                   Arun Salary Payable A/c                     $2500
---------------------------------------------------------------------------------
Step-03:Salary Payment Entry (Dated 02/10/2018)

            Dr.   Arun Salary Payable A/c                 $2500

                 To. Cash                                                                 $2500
                                                                                      
---------------------------------------------------------------------------------

How to Pass this Entries in Tally ERP.9 ?  

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Free TDL | Sales Invoice Format In Letterhead - Tally ERP.9

    Today we are discussing about how to take normal default invoice print in company letterhead. In this customization help to take default tally invoice print out in your company letterhead,You can adjust invoice top part through F12 configuration.

IT'S FREE OF COST 

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Procedure to attach TCP file to Tally ERP.9

Note: Before loading this tcp file ensure you tally backup

·         Copy the .TCP file to Tally folder or any common folder which is access able from Tally.

·         Start Tally.ERP 9.

·         At GATEWAY OF TALLY, press F12.

·         Select Products and Features (or T).

·         You will find a button Local TDLs at Right Side Button Bar. Press that Button (or F4).

·         In the first option Allow Local TDLs = set to yes.

·         Then in the below space, just specify location and file name where your tcp/addon file is located. If the addon file is placed in the Tally folder where Tally.exe is located then specify only addon file name.

·         Accept the screen.

·         Now if file name you typed is correct/file exist, it will show a message of active against the file path otherwise it will show an error message. If no error is displayed then you can work with your tdl

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Detailed Bank Details & Extra Notes In Default Invoice Format in Tally ERP.9

Today we are discussing about how to enable Bank details & Extra notes In default Invoice format in Tally ERP.9 through Customization. Its Very Use full for all Tally Users.

For More Details Please watch Videos.





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