TDS Entry in Tally ERP 9, is a further step of Tally.erp 9 to become a truly ERP solutions.Tally Solutions Pvt. Ltd is continuously adding more and more advanced features to the software and TDS in tally erp 9 is one of the major useful feature which is very useful for finance people like me.
In this post,I will explain a general idea about TDS Entry in Tally ERP 9 and if you want to know step by step TDS configuration in tally.erp 9 then refer my post onTDS Entry in Tally ERP 9? I have uploaded a complete TDS set up manual for tally users which you can download free of cost. I have also upload a TDS help file which is a pdf file will be very useful for TDS Entry in Tally ERP 9
TDS Entry in Tally ERP 9 |how to set up in Tally
Tally erp 9 introduced a concept of calculating TDS based on the nature of expenses. Now, you can deduct tds on expenses whether revenue or capital nature. you must follow the step by step guide for TDS Entry in Tally ERP 9 to learn how to set tds in your accounting software.
To understand TDS in an accounting software its better to understand what is tds and how a manual entry will be look like. Once it is understood, TDS Entry in Tally ERP 9 will become a child’s play for a Tally user.
TDS is a tax deducted at source that is when the supplier issue a bill, the recipient of Services is responsible to deduct TDS from that bill and must credit the same to TDS payable account. the expense will be booked for full amount, however the supplier’s account will be credited less by the amount deducted on account of TDS
TDS Entry in Tally ERP 9 | Examples and Journal Entries
Suppose a job work done through M/s. ABC and Company for Rs. 1 lac. Let’s see how to pass TDS Entry in Tally ERP 9 for the same
Dr. Job work Expenses Rs. 1,00,00.00
Cr. ABC & Co. 97774 (net of TDS)
Cr. TDS on payment to Contractors 2226
Now the sum so deducted towards TDS e.g. Rs. 2226 is a liability to pay it to government within the stipulated time.
TDS Entry in Tally ERP 9 allows to deduct TDS at the time of booking of an invoice or an advance payment.
Release 3 and onwards made TDS Entry in Tally ERP 9 more stable and more easy to manage. In addition, all the required reports now can be generated by pressing a few keys only.
Mahendra is founder and CEO of the I Vision Infotech, Authorised Tally Sales and Service Partner and helping Tally users to learn Tally and accounting free through this site
No related posts.
Dear sir, madam,
My Name is Dayaram , I am passed TYBCom. I am pratice
of Accounting in a CA Firm for last one month , have problem in journal Entries, vat & Excise , Tds and Account entries .
so, please give me solution with simple example and entries with narriation.I am waiting for your reward
Thanking You,
Dear dayaram,
I have already posted some articles with examples on journal entries, vat,cst, excise tds etc. please browse my old articles. if it does not help you, then please specify your problem with more details. just by viewing example, one can not solve his/her own problem without understanding the root of problem. So, better let me know what kind of problems you are facing, and I will help you how to solve it. Also please do not forget to mention version of tally software you are using.
best regards,
Sir,
Can u give the links of your older post
Please check category or archive section of my site.
Dear si/Madam
My name is chaitra, Kindly clarify my below details:
Am working in Tally Erp 9 software, just one week back we have installed , on creating of ledger i.e, Freight charges on which under shall i select
and accept the same
Chaitra,
Please contact the person from whom you have purchased the software. I trust they will clarify your doubts.
sir
i am facing dificulty in current account and term loan account entries and in bank details just payment are more without having having ballance in current account please help me out, i am waiting for your help sir…
Thank You so much for the free advice given by you.
Dear sir,
we are the labour contractor, how to service tax,tds and vat entry in tally .we are using tally erp software.
Dear Sir,
please clarify how we can make salary advance and the salary a/c in tally
Go to Accounts info, click on groups, create salary account and advance salary account.
hello
u entered tds entry in tally 9.0 its very easy prosier.
thrir are simple 4 entry in tally 9.0
1. name of cata that u paid tds
2.party name that u deduct tds
2nd entry..tax deduction voucher alt+s
3.payment of tds
4.payment of amount that person
erp9 proser
only 3 entry
1st entry for categry and deduction for tds tax.
2. payment entry of tds of gov of india
3 payment of amount of person
regards:- ashwani sharma (cpca)
I have suffered with the same as above problem Please Guide me and send me the solution of that.
Dear sir, madam,
My Name is kanchan . I am passed my 10+2. now i am doing accountants professional course
I have problem in jounral entries of tds excise duty tcs service tax.
so, please give me solution with simple example and entries with narriation.I am waiting for your reward
Thanking You,
Please join my network on facebook and let me know your specific problem to solve the same. General articles about journal,tds,vat excise I have already posted on my site with examples. Without understanding what problem you are facing, I can’t help you
Can u send me your email id
Ok, I will email you.
how to creation and uses tds in tally (a to z)
Sir,
In tally9.erp, in statutory configuration dere is field set/alter vat details, wen i set dis field to yes, it is automatically set to no..wats is the problem? and can u mail me some tds deducting sample to me?
rak_517@yahoo.com.
i want to deduct tds on contractor.
hello
u entered tds entry in tally 9.0 its very easy prosier.
thrir are simple 4 entry in tally 9.0
1. name of cata that u paid tds
2.party name that u deduct tds
2nd entry..tax deduction voucher alt+s
3.payment of tds
4.payment of amount that person
erp9 proser
only 3 entry
1st entry for categry and deduction for tds tax.
2. payment entry of tds of gov of india
3 payment of amount of person
regards:- ashwani sharma (cpca
Journal entry for simple
TDS Deduct the party for other party for ex example:-
Ram hasbeen paid to commsion 50000/- Dt: – 31.03.2011
1. Commsion on sale :- 50000/-
2. TDS Dedducted :- 10%
So Math Matics Calculation 50000*10% = 5000
Journal Entry Justyfy:-
31 March 2011
Commmsion Dr. 50000
To Ram Cr. 50000
(for Ram paid to commision)
31 March 2011
Ram Dr. 5000
To TDS Cr. 5000
thank you sir
IN TELLY TDS ENTRY PARTY AMOUNT IS NEGATIVE
Remove all against reference from the payment and then deduct tds.after that you can again use payment against related reference
please revert back if it does not solve your problem
sir
i dont no TDS sub-contractor creation pls reply the format
Manikanda,
Are you referring to creation of a sub contractor ledger account ? I don’t know how to help people who even feel shy to post a query with full details !!!
Dear Sir/Madam,
I am working in tally 9.ERP as Billing cum Store Keeper, but I want to know accounts like TDS, Please inform me how to deduct TDS and what are relative enteries. I want to know all entries of TDS with details and examples.
Sanjay,
I have already uploaded entire tds procedure on rapid share in the article for which your commented. Now I don’t understand what you want more
Hello
I want to do entry in tally of Interest on FD
what is the entry in tally
please tell
Sam,
It is very simple,
Dr. Fixed deposit
Cr. Interest received on FDR
Please post your queries relating to how to do on our our support forum
sir,
i am working in pvt ltd company
we are making invoice with delivery charges.
in tally delivery charge received will come under which group(income) and if i cash received by cash sale how to transfer from cash sale to petty cash in tally
Abdulla,
Please mention your Tally serial number to get free support
Sir Is This Group are Correct?
Sundry Debtors Sundry Creditors
TDS Receivable TDS Payable
Security Deposits Service Tax Payable
Retension if any
Works Cont tax Collected
This I am asking because if at all we accounting an invoice we can
enter the Ref No in each of the invoice itself which will show us
the bill wise collections from each party & vice versa
Yes S Kumar all the Groups you have mentioned are correct.
hi,
i am ipcc student and i am faceing problem in creating entry of tds, service tax ,vat in tally pls help me on my id johndhanu_87@yahoo.co.in
regards
sachin
Dear Sachin,
Please contact me on my Google buzz or at my mail ID
I am a business man I used to maintain my accounts manually and I learnt tally from brainware but learnt to get the degree only….but now I can guess what I have missed at that time and our faculty they did not have any experience in paractical accounts….I hav e prob….I manufacture steel furniture ….and with many ingredients a furniture stands its finished stage…..Will it possible to maintain detalis acoounts of all ingredients i.e if I purchase any ingradients stock of individual ingradients will increase and after manufacture it will decrease …lets have an example…… 1/4/2010 C.R.C.A sheet purchased 100 kg. rs. 5000, paints purchased 3ltr. @ 250/Ltr. Rs. 750.00 and labour for making the above 1 pc. finished items Rs. 700.00 SAY WEIGHT OF 1PC. FINISHED ITEMS IS 50 KG.
on 10/4/2010 I sale it out ,,,,, and how can I pass this manufacturing journal AND how can i have the report of stock like this on 10/4/2010 C.R.C.A sheet 50 kg.(50kg. consumed ) and paints nill (as full consumed)AND AS PER FUND PERMIT I WILL MAKE PAYMENT OF LABOUR.PLZ.plz REPLY as it is a very giving me trouble …… Ravin cooch behar
Dear Shyamji,
Thanks for contacting us. Tally.erp 9 fully capable to solve your queries and problems.
You need to enable the inventory module.
I am sending you personal mail to resolve your issues. Don’t worry. I will guide you to make your accounts perfect. You will get all the reports whatever you want
Sir another probLEMS WHAT WOULD BE THE VOUCHER FOR THIS TRANSACTION
sALE OF 3 PCS. ALMIRAH @ rS. 5000 15,000.00
i HAVE CHARGED DELIVERY CHARGES @ 3% ON BASIC COST 450.00
Total 15,450.00
Sale 3pc.almiah Rs. 15,000.00
I have charged Delivery charges Rs. 450.00
subtotal 15,450.00
OUTPUT VAT @ 12.5% Rs. 1,931.25
Total bill value will be 17,381.00
what to do to pass this sale entry in cash or credit…..plz. reply.
Dear Shyamji,
Passing of sales entry in cash or credit depends on how you made your sales ?
Suppose you sold 3 almaries on cash base, then you have to pass the entry as per below
Go to voucher entry,
Select F8 in party name select Cash ( It will be a debit account in your books of account)
Select Local sales account ( it will be a credit account in your books of account)
Select the item name almarih(if you haven’t created any ledger then you will be required to create an item ledger
then select the qty 3 and then rate Rs. 5000. it will capture the amount of Rs. 15000
Now Create an another ledger account for freight charges and fill the amount of freight Rs. 450
select out put vat @12.5 it will automatically caputure the vat amount of rs. 1931.25
you will see the bill total amount of Rs. 17381.00
If you face any problem, please contact me on Gtalk I will solve it
you can pass entry
cash/ party a/c dr
sales a/c 15450
vatoutput12.5-1931.25
how to book a purchase bill where 75% of invoice value has 12.5% VAT and 25% is on labour charges . As well as account for TDS for the Same?
how to make tds ledger
HI SIR / MAIM
I HAVE A SORT CONFUSE IN TALLY GROUPS ABOUT SUNDRY DEBTORS AND SUNDRY CREDITOR .
SO PLS GIVE SOME EASILY UNDERSTANDABLE IDA AND SOME EXAMPLES
I WAITING YOUR ANSWERS PLS SOON AND VERY SOON
Please Recd TDS , Journal Entry & Vat Ent.
Dear Deepak,
I am sorry as I am unable to understand what you meant to ?
when the advance salary paid to Employee . what is the entry will be made if the TDS will aplicable
Pratik,
The entry will be as under :
Debit Salary advance
Credit bank account
Credit TDS payable on salary
In future, please post your query on Support forum only
Dear sir/ madam
I am working in firm. I have to enter my propriter personal bank statement in tally 7.2. Last we did not enter his bank statement. now how can i take opening balance? could you please guide me how to entry of service tax and TDS on salaries.
Vamshi,
When you create /alter any ledger account, you will find an option opening balance at the bottom of the screen. if still confusion, then pl. contact me
now time tds due datechange
hi
we had tally version ago.nw we have tally 9 erp. same data i have transfer to tally 9 erp. but i m fining problem in tds entry.. new ref option is nt coming. will u pls help me!!
presently i m working in a ca firm just facing a problem while making entries of tds,service tax sir could u just explain the procedure
Dear Anilji,
Without knowing your problem e.g. what problem you are facing … How I can help you.
I had already write a detailed article/procedure on tds , service tax. please go through category of respective area and if still found any problem then you are most welcome and I will solve the same.
Alternatively I can explain the same through live chat
i want some help of tally 9 ,tds,vat,esi,tds challan i want more info about these topics please send me some info on my mail & my cell no. 9529834849
HOW TO CHANGE FONT IN TALLY 9 FOR INVOICE PRINTING
can u plz tell abt different type of vat in delhi?
1.M.S. STARTED BUSINESS WITH AXIS BANK 20000/-,MACHAINARY-30000/-?
ANS:- AXIS BANK ——DR….20000
MACHAINARY——DR….30000
TO CAPITAL———-50000
2.CHARGE DEPRICATION A COMPUTER 5% ON IS TOTAL VALUE RS 5000/-?
ANS:- DEPRICATION A/C–DR…..500
TO COMPUTER………..500
SORRY…………….
DEPRICATION CHARGE 10%
Mukesh,
I will appreciate if you could post your query at Support forum only
what is the use of deduct now field tds in tally erp9?
sometimes deduct now field in tds in tally erp9 work some times it does not work what is the real problem and when and how it is to be used?
Dear Sir,
muje tally entry help chahiye humne ek product purchases kiya wo muje tally mein capitlized (fixed asset) mein dalana hai pls rply.
Thanks & Regards
press f7 go to jurnal and pass the following entry
product {name of asset} a/c dr
to cash a/c
put that asset under fixed asset
Hello,
i have one account of air travel agency. i dont know how to enter their purchase and sales entry. Because they have only commission or service charge income. and they are not prepare any seprate commission or service income they include in his sales bills.
for examle,
Air travel agency book ticket Rs. 5000/-. and they sales 5400. so how can i enter purchase and sales entry in tally.
Hi Sir,
I need TDS entry for company. Paying tax for income 2009 April to 2010 march.
i heard there is any prvovisional entry will come.
Can you please explain me with entry to email id .
Thanks for your support and valuable time
Sir,
I am facing a Problem while booking in Tally Erp 9. How to pass entry for transaction having VAT and suject to TDS? Example. Job Worker charge VAT on his bill and TDS to be deducted on the transaction amount.
Pls advice.
B.Srinivasan
Dear Sir
I have complete my b-com in 2010 and I want do the job as Accountant But not clear a concept so what i do to do the this.what is the important thing and also tell any books name that help me in concepts.
dear sir
my name is itifa am working as accountant .i have one doubt related to tds on salary how to pass entry in tally .suppoase mr.x salary is 35000 how to deduct tds and pass entry in tally .sir reply me .
Sk.Itifa,
TDS on salary in tally will be available by end of November, 2010. till that time, you may do it manually throuh a journal voucher
Sandeep,
You need to create a Voucher class for vat adustment for this purpose.
Please check all my articles on vat and excise and voucher class. you will find it somewhere how to create a vat adjustment voucher class
Dear sir,
i am accountant how can i change in tax rate in TDS deduction voucher form in tally9
Ritesh,
You can’t change Tax rates! Why you want to change it ? If you are using outdated version of tally, then you require to upgrade your tally to latest version
Dear sir,
will i have to upgrade my license version for change TDS rates.my software is not taking any rates in TDS deduction voucher so how can i shrotout this problem.
Thanks allot sir for reply my question.
Dear Sir, Madam
Sir, i have done b.com in 2004 and mba finance – part time – in 2007,but i am working as a data entry operator. can i go to accounts field now if yes then how.please tell me
thanks
Yashvir,
Its up to you how to define your future! I am not a suitable person to guide on such matter
how to pass in tally erp9 sale bill cancelled entry ?
Thanks allot sir for reply my question.
Dear Sir,
I want to e filling of vat retur pls tell me how to do.
I have complete my b-com in 2010 and I want do the job as Accountant But not clear a concept so what i do to do the this.what is the important thing and also tell any books name that help me in concepts.
Dear Sir,
I am B.com graduate. I serach the Job. salary 12,000/-. What should i do?
Mahendran,
Best of luck for job searching!
sir please give me ur gltalk id i m new join for one software company i have many problems regards to ledger entries,tds and vat.i will contact u in gtlk
thanks pradeep D chandra
Pradip,
I am sorry but I provide personal support only to premium members.
Thanks for your comments
Dear sir,
we are labour contractors,how to service tax, tds entries in tally erp ex: cash received from works contract 50000/- (including service tax) tds deducted.
Dear Venkat,
as per our discussion, you need to become our client to get support on all such query.
Thanks
sir i want detail tally learn please your opinon
Dear Sir/madam,
I pleased to see your valuable website and you too. Briefly about myself as
Basically I am B.Com Graduate, passed out in 2004. I started my career in 2005 but in wrong path, I was attracted about salary in Marketing. Joined as a Sales Executive – Credit cards with MNC Bank and worked for more than 3 and Half Years. Later I promoted as a Sales Develop manager with the same company with my dream package.
But unortunately, I worked only one year and quit from the profession itself.
Now I jumped my profession from Marketing to Accounting in the year of 2009 December.
But I am not comfortable, bcoz I am unable to make JV, TDS, etc., I changed 2 Companies as of now. One of my cousin said, he will guide me in this matter, but he is hopeless, becoz of his attitude.
Please help me out how to prepare JV’s? Why Should we mke JV’s etc.,
Regards
Prasad – 9533819825
klp4urs@gmail.com
Dear Laxmi Prasad,
Pleasure to have your feeback.
Yeah, you will not be able to make journal entry without understanding/knowing the basic accountancy or working under guidance of some experienced person.
dear sir,
he paid rent to vivek singh of rs. 11550.00
calculate tds.
plzzz solve this question.
dear sir, i have a problem to calculate discount & vat so i request you. plz solve my problem .
question is….
mr. raichand the following items for khan traders.
ram 50 pcs @ 450 vat 4% disc. 50%
cabinet 10 pcs @1100 vat 4% disc. 30%
hdd 10 pcs @1080 vat 4 % disc. 48%….
thank you sir…………..
Rohini,
Please mention your Tally Serial number so that I can help you
dear sir
i d’nt understand sir.
means that tally 9 & tally 7.2
Rohjni
each tally software has a serieal no. You need to know it n tell me
dear sir
i don’t know tally serial no.
Rohini,
Without a Tally serial number, no one can operate or work in Tally!You may find it from the top or below info panel of your tally software in numeric value however
If you don’t know your Tally serial number then just start your Tally software
then take a screen shot of the same and mail me.
We provide support only to licensed users of Tally
I am sorry but we wanted to discourage users who are using hack /cracked version of tally.
Hope you will understand it
Dear sir,
I have a doubt in in branch account in tally 9 . I do not know how to maintain the books of accounts in books of branch account as well as in the books of head office account. Also tell me the books which is open in the books of branch account.
With regards.
Rohan kumar
Rohan,
We provide free support only to our Tally.erp 9 clients or only to those who use genuine Tally.erp 9
In thailand. Are you Support ?
Hello Tun,
I support everywhere but remotely.Through team viewer, Gtalk and email.
You can contact me at any time
We are using Tally ERP 9
We have made monthly payment to Mr. A (Professional-Doctor) from April till Oct 10 (total 7 entries) and have not deducted any tax till Oct 10.
However, we have received bill for Nov 10 and after adding all payments including Nov 10, amount crosses Rs.20,000/-.
Kindly let us know how to deduct tax while making payment of Nov 10 bill since tax has to be deducted taking into consideration payment from Apr-Nov 10.
Thanks
Hello Sachin,
No support without knowing your Tally.erp 9 serial number
We are using Tally ERP 9
We have made monthly payment to Mr. A (Professional-Doctor) from April till Oct 10 (total 7 entries) and have not deducted any tax till Oct 10.
However, we have received bill for Nov 10 and after adding all payments including Nov 10, amount crosses Rs.20,000/-.
Kindly let us know how to deduct tax while making payment of Nov 10 bill since tax has to be deducted taking into consideration payment from Apr-Nov 10.
Thanks
Hello Sachin,
I have already responded on you date 29.12.2010 that I do not provide any support to any one unless you mention your Tally serial number along with your query.
So, please do let me know your Tally serial number if you want a solutions of your problem.
I had posted a query twice, pls respond
dear sir
i have joined a mnc company as accaontant ,
now i m facing a problem,
eg: we pay cash salary to mr A Rs5000/- including TDS of 250. how i make the entry Please sent the JOURNAL ENTRY,
LEDGER WITH GROUP,
VOUCHER WHERE IT WILL AFFECT.
SIR how to get TDS CERTIFICATE printed from TALLY9
THANKS & REGARDS
ANUSKA
Dear sir,
I want ask that on what information on service tax bill we considering while booking a bill
please tell me how to make Excise entery
please provide me excise register in excel formet and rate of excise.
How to make the PF ,PT
Mahendran,
You did not quoted your Tally serial number and without knowing the Tally Serial number, we do not provide any help
hi, i am read some tally entry in your feedback. i like it your suggestions pls tell me how to make entry for purchase, sales with quantity, per item rate in tally erp 9. how to maintained opening stock & closing stock Pls tell me. Can you provide any link for any query about tally erp 9
Arpana,
Thanks for your feedback.
Currently I am not able to help Tally users except our own clients who buy software from us.
Our clients do not need any link to get any help
please tell me entry of discount given to the party entry please
hi, i dont know how to enter the journal and payment entry in tally 9.2 for:
i have rented out a shop. the licensee deducts from the rent the tds of 10% and gives a cheque, which i deposit in the bank.
pls tell me entry in tally records.
thanks/rajesh
Rajesh,
Please join some Tally Classes or ask the guy from whom you have purchased the Software
Hi,
I am pursuing CA and want to learn tally. could you please suggest some good institutes for the same.
I have put up in JP Nagar, Bangalore.
Waiting for your valuable suggestion.
Thanks and Regards,
Vinod
Hi,
If a Construction company receives a overdraft facility from Bank how to make entry in tally 9.0 As we are having our current account in same bank and maintaining all transactions.
So, kindly i request u to give me the suggestion for this.
Awaiting for your reply. Hope i ll receive ASAP.
Thanks
nethra
I m using tally9erp release-3. Inventory & Accounts Integeratated
Please tell me how can be salesman commission be managed/accounted in tally. I have around 23 salesman and running a retail/wholesale shop
Tarun,
you will need a TDL to enable Salesman commission.
Dear sir, madam,
My Name is Ranjana I am passed MBA (F). I have problem in journal Entries, vat & Excise , Tds and Account entries .
so, please give me solution with simple example and entries with narriation.I am waiting for your reward
Thanking You,
Ranjana,
It is not possible to provide free support to everybody. Free support is always limited.
If you wish so, you can join our premium membership and post your queries there. we will guide you step by step for all your queries related to Vat, TDS excise etc.
It is a paid membership forum.
Hope you will understand our limitation.
dear sir , can we use tally in financial institutions, can I get interest on deposits and loan automatically
company given – 100000.00
service tax 10.3% – 10300.00
———–
110300.00
TDS deducted 2% – 2206.00
————
108094
———–
How do u pass Journal entry in tally
Hi ,
Kindly help me hot to Made Sales Return and Purchases Return Voucher Entry.
Regards,
Rajehs Kumar Jha
Rajehs Kumar Jha
Hi Rajes Kumar Very Good Evening.
Purchase
for Example:
Purchase Transaction :
Purchase Account (Dr) 100
All, Vat and Excise Account (Dr) 10
To, Supplier/CreditorAccount (Cr) 110
Purchase Return Transaction
Supplier/Creditor Account (dr)
To,Purchase Account (Cr)
To, VAT/Excise/Local Sales Tax (CR)
Sales Transaction.
Cestomer /Debtors Accont Dr
To, sales Account Cr,
To, VAT/Sales Tax A/c cr,
Sales Return :
by, Sales Account dr
By, Tax Account dr
To, customer Account Cr
Tally Group:
Ledger Group
Purchase – Purchase
Sales -Sales
Purchase Return – Purchase
Sales Return – sales
Vat/Excise /Sales tax – Duties and Tax (liablities)
Sales Returm —credit memo/note
Purchase Return – Debit note
Tnk reg :
M.Kumaresan, coimbatore , Tamilnadu
Dear Sir,
How to entry the tds entries in tally. rent every month Rs.25000/= every month end payable entry then next month 5th payment. what are entries in tally.erp9.
Sir,
Please tell me my party sales goods sold in shop and they claim vat which inclusive in mrp.
They wants to vat return purpose vat amount on Handloom products.
But Now afterlong time to verify only that entry in is it
Sales Reg.
Cash a/c. Dr.
Cash taxfree sales (shop) Cr.
Cash Taxable sales (shop) Cr.
Vat Taxable 5 % Cr.
Discount allowed Dr.
is this correct entry.
Please reply sir.
Thanks & Regards,
Mangesh.
helo sir,
i am working in a private co.,,,,pls help me in this transaction,,we puchased 100 pens from ABC co.,with petty cash amount,, wat will b the entry. how is shows in purchase register
my question is what is entery all are included vat /tds
Dear Sir.
Would you like to sent all the Taxation Entries with narration.
Sir also update me new changes in all types of tax.
i am desperately waiting for your mail.
Please give me all the details as early as possible.
Thanks & Best Regards.
Shiva
how to enter goods in transit (purchases) entry in tally to show goods in transit in pn l in tally
How to deduct TDS on salary in tally.ERP9 or can i use book keeping methode plz reply me it’s urgent for me.
dear sir
can i maintain all financial entries in tally.like TDS.Income Tax.sales tax.vat,dvat,service tax.
plz tell me
tank u
Dear Sir,
how can we pass the March TDS and TCS payment voucher entry in April of next year through Payment helper.
My problem is that we create new firm for new financial year therefore march balance payment of TDS and TCS are not shown is april of next financial year when we pass the payment entry of TDS and TCS in the month of APril.
Plz tell me how can solve this problem
Thanks & regards
Ranu
Ranu,
You should keep continue next year data in the same company.now no way you can do this.try to do it mannually
Our Tally Serial No. is 71XXXXCCC
thanx
Dear Sir,
I have a problem to post an entry of salary professional tax, req. u to solve my problem.
question is.
1. if Mr.ABC – salary is Rs. 11000/- recd. in cash.then professional tax. amt will be 200/-.
what will be the correct entry in tally.
Jyotsna,
You need to set up payroll auto processing in Tally. It will require some basic set up. Once you do the same, it will process entire Salary in automated way with all earnings and deductions and you need not to worry for the entry!
Dear Sir,
I am using Tally ERP.9 Release 1.6 (Series A) and stat 111. I tried to replace the stat by stat 153 but this stat not working with my current release 1.6 so what i do for updating stat
Our Tally.Net subscription has been expired
Thanks & Regards
Ranu
Ranu,
You can upgrade your software or Stat release until you renew your Tally.net subscription.
You can renew your Tally.net subscription online through us by using a credit card.
Dear Sir,
I have a one more problem.
In J&K all industreis get remission order against Local sale from Commercial Tax Department after submision the sale tax return problem is the when we pass the sale voucher entry and show the VAT FORMS report Report show the wrong figure. Example is given below:-
X Dr 1103
Sale 13.5% Cr 1000
BED Cr 100
Edu Cess Cr 2
S H Edu Cr 1
Less Price Adj Dr 53
OutPut Vat 5% Cr 53
Total Invoice Value is 1103
Amt will be shown in Return (1000+100+2+1)= Rs.1050 and Vat will be shown in Return = Rs.53 but fact is that amt shown in report Rs.1103 and vat Rs.53 and vat payble report show the Rs.53 as vat payable balance but in actual we will not pay the vat because firstly we deduct amt as price adjustment after than we mentioned same amt of tax which is deducted as price adjustment
Note; In J&K state we all submit the Annexure I for claiming remission order but now till date no provision mentioned in tally
Ledger Group are given as under:-
Sale Sale
Excise duty & Taxes (excise)
Price Adj duty & taxes (other)
Vat duty & Taxes (Vat)
Please tell me how to solve this problem
Thanks & Regards
Ranu
Dear Sir,
At the time of Entry passing of TDS on Salary (journal voucher) which nature of payment we will select under TDS (Type of duty)
We want that when we select the TDS helper (payment) than TDS on salary amt will shown in report automatically
I want to known,when i make a bill in tally the final rate of a item & vat rate display automatic,(final rate & vat not display) please give procedure in my id
GOURAHARI JENA
Not sure, what problem you are facing ?and what you are looking for ?
Please send your query with screen shots to our contact us page along with your Tally serial Number else it won’t be responded.
Dear Mahendran
How do i get Tally Serial Number….. I downloaded it from internet but not able to enter the vouchers. I am ready to pay for it. Pls help me.
dear sir,
i known to create to ledger and group in tally but i not getting to create vochers, please requested to tell which auothor book i can refer for deep solution then tell me which web site i can get prolems to do in tally please sir i want only problems regarding tally with basic sir i known theroy but i want specific prolem which reference i can refer it requesting to sir
thank you
bhagya
hello sir please shown an example ( a work model or question) of manufacturing journal in tally erp 9.I am working in a computer institution in Kerala State I,m teaching tally and t want to show the work to the students . I,m eargerly waiting your reply thanking you maya
sir can u tell me i am unable to seach in fb can u tell me your fb id as soon as possible
have a good day
thanks
i have problem jobwork entry please tell head direct enxpense indirect
If i pay the sales tax is RM 5000.00 but i got the sales tax deduction from purchases goods, if i can deduct RM 1,000.00 so the total sales tax i pay is RM 4,000.00.
How to do the transaction in simple method? thank you.
I have to make a sales invoice and i have to give cash discount to the party because he is making payment within 15 days through cheque.
I want to know whether cash discount is given before VAT rate or should be given after VAT?
For Example:
————–
Item Name Qty Rate Total
Tubelight 20 Nos 40 800
Less:Cash Discount 2% 16
——
784
VAT 14.5% 113.68
——-
TOTAL 897.68
——-
OR
Item Name Qty Rate Total
Tubelight 20 Nos 40 800
——
800
VAT 14.5% 116
——-
916
Cash Discount 2% 18.32
——–
TOTAL 897.68
——–
Which one is correct.
Kindly Reply.
Ramesh,
Cash discount has nothing to do with billed value or vat.
Cash discount is a post sales transactions and you can’t give its effect in advance that means you have to charge full vat otherwise it will be accounted as tax evasion.
you can give a trade discount in your sales invoice without any issue!
want to edit the entry of TDS wherein I have entered one wrong reference of bill no. & amt in the column of “against ref.” appearing below party name. In short want to delete that wrong bill reference and amount.
Dear Sir
Basically i am a recharge dealer, i get trasfer balance from my bank account and resale to my party, so by one means balance in hand is my current asset, is it right and at the time of saling balance should i pass payment entry or sales entry ? and how to maintain that recharge balance account ? means i wanted to get that rechrge account balance is credited when i transfer amount from bank and debited when sell to my party.
Thanks
Hi Sir
I have one problem
I join a new company but in previous year (2010-2011) many entries purchase and payment are post in tally but not provide reference to payment
this year split company Due to I face problem in provide reference for previous year transaction
and due to outstanding report create incorrect
how to clear previous year transactions
Ledger outstanding
1-Apr-2011 to 16-Dec-2011
Date Ref. No. Opening Pending Due on Overdue
Amount Amount by days
04/10/2010 1 29615.00 Cr 29615.00 Cr 04/10/2010 438
28/10/2010 B/2 – SLAB-2 14807.00 Cr 14807.00 Cr 28/10/2010 414
03/08/2011 B/LOFT LINTEL STAGE 14807.00 Cr 14807.00 Cr 03/08/2011 135
Sub Total 59229.00 Cr 59229.00 Cr
16/12/2011 On Account 44422.00 Dr 44422.00 Dr
14807.00 Cr 14807.00 Cr
DEAR SIR,
CAN WE LOCK STOCK JOURNAL FROM VIEWING. AS WE GOT OUR AUDITING TO BE DONE THIS DEC’2011, IT WOULD BE OF A GREAT HELP.
THANK YOU.
When i see the outstanding report here report show incorrect details like on account purchase or payment
my issue
previous year not maintain tally good by other person
purchase entry book with new reference but when payment paid against this bill in tally not show the purchase reference for that payment show as on account
current year we spilt the comapny in tally
but in outstanding report pull the previous year transation show one purchase entry and one payment opening bal on account
how to clear this problem
Ledger : 1-Apr-2011 to 17-Dec-2011
Date Ref. No. Opening Pending Due on Overdue
Amount Amount by days
04/10/2010 1 29615.00 Cr 29615.00 Cr 04/10/2010 439
28/10/2010 B/2 – SLAB-2 14807.00 Cr 14807.00 Cr 28/10/2010 415
Sub Total 44422.00 Cr 44422.00 Cr
17/12/2011 On Account 44422.00 Dr 44422.00 Dr
14807.00 Cr 14807.00 Cr
Dear Rana Shab,
Very Good Evening Hope you are fine.
I am Jitubhai… a former employee of Hitesh Industries. I think now you can remembered me.
Sir, I am proud of myself that I had done work with you at Hitesh Industries in year 2006-2008 & I had gained some of the experience from you for Accounting Data Entry using Telly Software. I am really thankful to you.
As you are the one of the top Intelligent accountant of the Accounting History, I humbly request you to provide my easiest way to learn Telly 9 in short period to become Top Data Entery operator as well successful Accountant like you.
Waiting for your reply soon on my mail
Thanks,
Jitu…
Hi jitubhai,
What a surprise to see here!
How can I forget my collegues who worked with me. I am so happy to see you after a long time
Well Right Now I shifted to mangalore recently
regarding learning Tally, unfortunately, there is no easiest way to learn it.All you need is to start working in an Account department in any company. The day-to-day work are the best teacher!
If ever you any confusion or doubt in accounting of any kind of entry, I am always available here to help you. but Again Accounting is a very practical subject and every company have different nature of business, different types of accounting treatment, nature of transactions so, its not easy nor possible to offer any ready made solution in this regard.
Dear Rana Shab,
I am very happy that my dear collogue shifted to Mangalore.
Thanks a lot for your timely precious suggestions in regards of learning Telly.
As stated by you that Account is Practical subject & it is depend on the nature of business of one company to another, then also I keen to learn the telly at any cost from the basic from my GURU of Account Mr. M. K. Rana. Therefore for learning telly at Home through theoretically as well as self practice on computer at Home, Please kindly suggest the BEST REFERENCE BOOK TO LEARN TELLY (Covers all Chapters) & LATEST TELLY SOFTWARE which is internationally approved & helpful for future.
Meanwhile, at present I am working As an PA to Shri Kishorbhai Kadvani – Chairman of GIDC-Lodhika Association & looking task of his personal account through manually. Now to earn more though Telly Data Entry of 1-10 company in single day in GIDC – Lodhika, Shapar, Metoda & Halamtara, I therefore think that there is large scope for Account rather than other department in any Indl. Company.
Please kindly suggest whatever suitable for me.
Thanks,
Jitu
jitu,
There is no complete and ultimate book on Tally. However all basic and advances tutorials are available for free at http://www.tallysolutions.com. These are very helpful. If you need, I can recommend you Online Video Tutorials to learn Tally. Few of my known people have purchased those CDs and informed me that it is really good to learn Tally so you can try with them. Click here to get such CDs It’s not much costly.
Yes, in Metoda, there are some Companies who needs part time accountant. You may have a good scope in this regard for sure.
Sir,
We have received labour bill from xyz company..in this bill we have to deduct the TDS amount.what is the entry for this and under what heading it will come