When you create a company in Tally.ERP 9, the key features required to start recording your business transactions are set by default. Set the option Maintain Multiple Godowns under F11:Features (F2: Inventory Features) to activate Multiple Godowns in Tally.ERP 9. To configure the CST rate, You have to click F12 Configuration from the VAT Rate /Inventory Details Screen and make . So, you must be aware of the features of Tally. Tally.ERP 9. The Tally ERP 9 Release 6 comes with plenty of the latest features for quick and easy GST return filing, helping business owners and tax consultants minimize rejection of tax return on the GSTN portal. e-Banking module of TallyPrime acts as a seamless interface between the bank and the business. With Tally, you can track all of your expenses with just a few keystrokes. Tally Banking. We offer Tally Prime software services and solutions for all businesses & enterprises. Auto bank reconciliation in Tally.ERP 9 provides a simple and no-frills method of reconciling your company bank books with the bank statement. [16-1] Note: After setting the option ‘Maintain Multiple Godowns’ to ‘Yes’ in the F11:Features (F2: Inventory Features), ‘Main Location’ will be available by default in Tally.ERP 9. Tally ERP 9 is one of the best accounting softwares with plenty of features. Steps to Enable TDLs To enable Free Feature Extension TDLs in Tally.ERP 9, follow the below steps: 1. So, here is the step by step to enable GST Details in Tally. It consists of several configurations and functionalities which are used for accounting transactions and reports. Set/alter banking type; Enable cheque printing; Set/alter post dates transaction features. You can automate the manual process of writing cheque from Tally, it saves productive time and efforts. Mar 11, 2019 - Bank Accounting: In Tally.ERP 9 one can create as many bank accounts as they want with complete details like account number, IFSC code, Bank address. Path: Tally Main -> Gateway of Tally -> F11: Features -> Company Features -> Inventory Features or click on F2: Inventory. For Accounting Tally ERP 9 offers Outstanding Management Cost/Profit Centers Management Invoicing Budget/Scenario Management Other features like Cheque Printing, etc. Now without any more delay, let me tell you how to reach the Company features in your Tally ERP 9. The steps mentioned above are for Tally 6.6.3, which is currently the latest release of Tally. Maintain bill wise details: If you enable YES, the ledger masters under Sundry Debtors and Sundry Creditors automatically displays an additional options called Maintain balances bill-by-bill > YES, an option Default Credit Period will display. To use GST in Tally, you have to upgrade your Tally to the latest version 6.0 functionality in Tally, you have to set the GST details in Tally. you received from the bank to Tally.ERP 9 (in Excel or CSV format) and hit the reconcile button. From the Gateway of tally F11 and select inventory features , Select Separate column on invoice and set enable to “Yes” Now y a separate column will appear in sales invoice and purchase invoice for discount. Configuration options, affect all the companies maintained in the same Tally.ERP 9 directory Here come the F11 features in Tally ERP 9… F11 feature helps in configuring and selecting different features of a particular company. Unlike F12: Configure, F11: Company Features is specific to the current company only. If not, you can update your Tally. As per your business requirements - such as inventory management, tax-based invoicing, payroll management, audit and security management - you can set your preferences using the Company Features . Accounting Features of Tally ERP Software. Do not worry, it is very easy to enable and set GST details in Tally. Note: When a new company is created in Tally.ERP 9, the option Enable Cheque Printing is set to Yes, by default. Thanks to all. Features of Banking in Tally.ERP 9 The salient features of Banking in Tally.ERP 9 are as follows: Cheque Printing: Allows user to configure cheques for banks using sample formats provided, which come along with images. Tally software functions with plenty of shortcut keys. More Tally ERP 9 Lessons. If feel any problem in this guide then please use comment box. Give discount in tally separate column option . Setting Inventory features in Tally ERP 9 Before you can track your inventory, first, of course, you need to tell Tally that you want to track inventory by enabling the inventory features. F11: Company Features in Tally.ERP 9 Different features of a company can be selected or modified by using the F11: Features button. To use GST (Goods and Services Tax) features in Tally, it is mandatory to enable or activate GST in Tally.After activation of GST feature in Tally.ERP 9, all the GST related features are available for all general ledgers, stock items and transactions in Tally. These configuration can be changed and managed any number of times to suit changing needs. Enable company logo; Enabled zero-valued transactions; Maintain multiple mailing details for ledgers and company; Mark changed vouchers; Tally ERP 9 … By default, most settings in Tally pertaining to inventory are set to No . Get 24*7 business connectivity and manage your business from anywhere in the world. How to activate GST in Tally ERP 9. In Tally ERP 9, accounting features are one of the important categories of company features. FAQ-1 (Inventory Master ): How to Enable Godown in Tally.ERP 9? Set/Alter Cheque Printing Configuration Tally.ERP 9 allows you to Set/Alter cheque printing configuration from F11:Accounting Features as well as from Bank Ledger Creation/Alteration screen. ; Because of user-friendly and simple usage, the tally is used in various financial places like banks, auditors, chartered accountants small scale business, and small scale business as well. Accounting features in Tally is one of the important category of company features that consists of several configurations and functionalities used for accounting transactions and reports. Must Read: What is Latest Features of Tally ERP 9. How to enable Inventory features We can enable or disable the options for day to day business transactions using the inventory features. Compusoft Tally Erp 9 learning course is intended to enable the present and up and coming era of employee’s to contribute in more prominent measure to their … Given below is a basic guide to use Tally ERP 9 Release 6 for GST. And, for setting the GST details, you need to Enable GST in Tally. Set CST rate details as Yes.. Supports multiple Cheque formats for a single bank. TSS can be renewed by paying a yearly fee. Apr 11, 2019 - Bank Accounting: In Tally.ERP 9 one can create as many bank accounts as they want with complete details like account number, IFSC code, Bank address. Tally 9 ERP is an accounting program that lets you track and manage all of your accounts, sales, debts, and everything else related to the running of your business. The old book ledger system has been replaced by Tally Software due to the advantage of both time, money, and energy. Accounting features can be opened by click on option F11: Features or by pressing function key F11. If you continue browsing the site, you agree to the use of cookies on this website. Accounting Features in Tally ERP 9. More information Tally.ERP 9 provides the default banking features required to record payment transactions. Accounting features can be opened by pressing function key F11 or click on the option F11: Features from toolbar. You can make payments through e-Fund Transfer, Electronic Cheque or Electronic DD/PO from one bank to another. Tally is popular because of its user-friendliness. Not only this, Tally.ERP 9 also shows you a complete detail of any unaccounted for transactions, like Bank Charges or Bank Interests, between the bank statement and company’s books. To update Tally, you need to have a valid TSS (Tally Software Service). Download and extract the common TDL Library File TSPL FFE Common Library.zip and attach the file TSPL FFE Common Library.tdl with Tally.ERP 9 (following any of the below procedures), without which some of the free feature extension TDLs will not work. This button is available in almost all the screens of Tally.ERP 9 enabling the user to modify it as and when your requirements change. Tally 9 is primarily used in India, and you can test it out for free. Thus before following the above mentioned steps, make sure your Tally is of the above stated version. Manage multiple business locations by synchronising Tally.ERP 9 data across locations. How to configure CST in Accounts only company in Tally.ERP9? Other Features. Guidelines To Use Tally ERP 9 Release 6 For GST. This presentation demonstrates the Banking feature available in Tally.ERP 9 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. For example, if you want to record your purchase transactions in debit/credit mode, the same can be set in the F12 configurations. Mar 24, 2019 - Manal Technology is Certified Tally Partner in Saudi Arabia. Once you open your Tally, just go to the Gateway of Tally and press F11 and here are the Company features, that we are looking for. Merging two companies having data of different periods in Tally.ERP 9; Ignore errors during XML import in Tally ERP 9; Overwrite vouchers during import in Tally ERP 9 F12: General Configuration; Export and Import a ledger and related transactions in Tally.ERP 9? I hope you like this user Maintenance and Tally Audit Feature in Tally guide from which you will be able to easily use user Maintenance and Tally Audit Feature in Tally without any extra efforts. Remote Access. Using the e-Payments feature in TallyPrime, you can simplify the payment process with the utmost security of your financial data. The following are the list of shortcut keys available at every voucher entry screen reports, masters screens, configurations screens. Automate and speed up your banking process with innovative features such as auto bank reconciliation, Preconfigured cheque formats and e-Payments. However, Tally.ERP 9 will minimize the time spent and risk of making errors during bank reconciliation using the newly introduced auto bank reconciliation option. Tally will set CST rate 2 % automatically, You can set the rate if rate is revised. Reconciliation will happen automatically.