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HISTORY OF TALLY

Tally Solutions Founded in the year 1986 by late

Mr. S S Goinka (Shyam Sunder Goinka). The
founder chairman of Tally Solutions

Tally Versions:-

Mr. S S Goinka Tally 4.5

Tally 5.0

Tally 5.4

Tally 6.3

Tally 7.2

Tally 8.1

Tally 9.0

Tally ERP-9 TALLY PRIME

Enterprise Resource Planning

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HOW TO COMPANY CREATION:

You can start Tally Prime using any of the following ways:
Click on Start button—type—Tally—Click Tally Prime icon.
(Or)
Double-click on the Tally Prime on the desktop.
COMPANY CREATION:-
* To Perform new company operation’s.
* We have to open the Tally Software.

Step no: 1

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Step no: 2

Step no: 3

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Save(Ctrl+A)
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LEDGER CREATION, MODIFY

Necessary Accounts:-
Basically the necessary accounts are classified into mainly 6 types
1. Capital account
2. Fixed Assets
3. Indirect Expenses
4. Indirect income
5. Direct Expenses
6. Direct income

“Gateway of Tally”
* We have to select “create” option.
* Go to ledger option

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Modify ledger:

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VOCHER IN POSTING AND BASIC ACCOUNTING PROBLEMS IN TALLY

With the help of this option we can perform any type of voucher.
Entry operations.
F5:-purchases, payable amounts
F6:-sales(or)sold, receivable amounts.

Problem1:-

* Mr. shyam started a new businesswith—4,00,000/-

* Furniture Purchased— 35,000/-
* Computer Purchased—25,000/-
* Rent paid— 10,000/-
* Net bill paid—800/-
* Fees received—9,000/-
* Donation received—25,000/-
* Printer Purchased— 3,500/-

Problem2:-

* Mr. kiran started a new business with —2,50,000/-

* Printer Purchased—8,000/-
* Stationary expenses —2,500/-
* Salary paid—10,000/-
*Rent received—15,000/-
* Commission received—8,000/-
* Interest received— 3,000/-
* Power bill paid—3,250/-
* Water bill paid —750/-
* Petty Income—2600/-

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CASH AND BANK TRANSACTIONS IN TALLY

Problem1:-

* Mr. raju Started a new business with 3,25,000/-

* He opened a new bank account SBI Bank with

Opening balance is85,000/-

* Computer Purchased through bank 35,000/-

* Mobile Purchased15,000/-

* Rent paid through bank 12,000/-

* Salary paid through bank 32,000/-

* Donation received 25,000/-

* Commission received through bank 15,500/-

* Computer Purchased 22,000/-

* Petty expenses 1950/-

* Computer Purchased through bank 28,000/-

* Interest received 17500

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* Problem 2:-

* Mr. chandu Started a new business with 2,50,000/-

* He opened two bank accounts HDFC Bank &

Andhra Bank.
(HDFC Opening balance: 85,000/-
Andhra Bank Opening balance: 35,000/-)
* Furnisher Purchased through HDFC Bank

17,000/-
* Salary paid through Andhra Bank 14,000/-

* Commission Received through Andhra Bank

19,000/-
* Computer Purchased through HDFC Bank

25,000/-
* Petty income 950/-

* Power bill paid through Andhra Bank 1,150/-

* Interest Received through HDFC Bank 20,000/-

* Rent paid through Andhra Bank 13,000/-

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CONTRA DEPOSIT & WITHDRAW IN TALLY

In this concept were having the fallowing operation’s

Solution’s

1) Cash Deposited into bank

2) Cash Withdraw from bank

Ex:-
1. Cash deposited in to Andhra bank
Ledger:-Andhra bank—bank account
Vouchering:-F4:– A/c —Andhra bank
Particulars—Cash
2. Cash withdraw from bank
Vouchering:– F4:– A/c —Cash
Particulars—Andhra bank

Problem1:-

* Mr. santosh Started a new business with—

3,70,000/-
* Cash Deposited into SBI—45,000/-

* Vehicle Purchased—82,000/-

* Computer Purchased through bank—18,000/-

* Cash Withdraw from SBI—12,000/-

* Rent Received—17,000/-

* Cash Deposited into SBI—22,000/-

* Power bill paid through bank—1,720/-

* Net bill paid—600/-

* Commission received through bank—12000/-

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Problem2:-

* Miss. devi started a new business with—

8,00,000/-
* Cash deposited into Andhrabank—1,50,000/-

* Scooter purchased—38,000/-

* Computer purchased —19,000/-

* Petty exp..through bank—9,000/-

* Cash withdraw from Andhrabank—44,000/-

* Donation received through bank—19,000/-

* Salary paid through bank–4,000/-

* Petty income—5,800/-

* Petty income through bank— 3,500/-

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BANK TO BANK TRANSACTION ENTRIES IN TALLY

Problem1:-
* Mr. nani Started a new business with a
5,00,000/-
* Cash deposited into SBI 2,50,000/-

* Cash deposited into HDFC 1,50,000/-

* Cash depositedintoAndhrabank1,50,000/-

* Furniture purchased through SBI 30,000/-

* Travelling expanse 900/-

* HDFC bank to SBI bank 16,000/-

* Andhra bank to HDFC bank 45,000/-

* Donation received through HDFC bank

12,000/-
* SBIbanktoHDFCbank17,500/-

* Andhra bank to SBI bank24,500/-

* Cash withdraw to Andhra bank 38,000/-

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Problem2:-

* Mr. varun Started a new business with a

5,00,000/-
* Cash deposited into Union bank 1,30,000/-

* Cash deposited into SBI 90,000/-

* Cash deposited into Canara bank

1,55,000/-
* Salary received through SBI bank 18,000/-

* Canara bank to SBI bank 30,000/-

* Canara bank to Union bank 18,000/-

* SBI bank to Union bank 40,000/-

* Computer purchased through Union bank

28,000/-
* Cash deposited into Canara bank 90,000/-

* Cash withdraw to Union bank 20,000/-

* Union bank to Canara bank 8,000/-

* Petty Income through SBI bank 1,150/-

* Travelling expanse 1,800/-

* Cash deposited into Union bank10,000/-

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BANK CHEQUES ENTRIES IN TALLY

Problem1:-

* Mr. Siva Started a new business with a

5,00,000/-
* Cash deposited into SBI bank 1,20,000/-

* Cash deposited into Andhra bank

1,30,000/-
* Rent paid by Andhra bank cheque 14,000/-

(Chqno:550662)
* Salary paid by SBI cheque 13,000/-

(Chqno:433440)
* Donation received 10,000/-

* Interest paid through SBIbank 4,500/-

* Cash withdraw from SBI 8,000/-

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Problem2:-
* Mr. sunil started a new business with

13,00,000/-
* Cash deposited into icic bank 2,75,000/-

* Laptop purchased 39,000/-

* Scooter purchased 22,000/-

* Furniture purchased 18,000/-

* Internet bill paid through bank1,500/-

* Rent paid by cheque 8,500/-(Chequeno:

121084)
* Salary paid 18,000/-

* Donation received by cheque29,000/-

(Chequeno:160889)
* Cash withdraw from bank8,800/-

* Car purchased1,19,000/-

* Power bill paid through bank 2,500/-

* Rent received by cheque 38,000/-

(Chequeno:180897)

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DEPRECIATION IN TALLY
To perform above operating we have create depreciation ledger under indirect expenses and we
have to past using (F7).

Ledger Name Under

Depreciation Indirect expenses

Ex:-Depreciation on computer400/-
F7- By —Depreciation– 400
To—Computer 400

Problem1:-

* Mr. gopi Started a new business with

5,00,000/-
* Computer purchased 23,000/-

* Vehicle purchased 79,000/-

* Power bill paid 2,500/-

* Furniture Purchased 13,500/-

* Depreciation on Computer1,500/-

* Depreciation on Vehicle 6,500/-

* Donation Received 15,000/-

* Depreciation on Furniture1,000/-

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Problem2:-
* Mr. ramana started a new
business with 6,00,000/-
* Flat purchases 2,50,000/-
* Bike purchases 45,000/-
* Printer purchases 12,000/-
* Depreciation on Printer1,200/-
* Depreciation on bike12,000/-
* Office exp.. 3000/-
* *Officeincome8000/-

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CREDIT OPERATION IN TALLY

CREDITPURCHASES[F7]:-

ComputerpurchaedfromRavi10,0
00/- Ex:- by – Computer -
10,000/-
to–Ravi -10,000/-
Note:-WehavetocreateRavihassundrycreditor.

Problem1:-

1. Mr. krishna started a new business with

2,00,000/-
2. Cash Depositied into SBI 50,000/-

3. Office expenses 5,500/-

4. Computer purchased from king Technologies

22,000/-
5. Furniture purchased from vinay traders

14,000/-
6. Donation Received through bank 18,000/-

7. Cash paid to king Technologies.

8. Cash paid to Vinay traders.

9. Depreciation on Computer 2,500/-

10. Cash withdraw from SBI 25,000/-

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Problem2:-

1. Mr. Bunny started a new business with –

2,00,000/-
2. Cash deposited into Andhra bank – 60,000/-
3. Rent paid through bank–12,000/-
4. Interest paid–2,000/-
5. Interest received through bank–8,000/-
6. Donation received through bank–8,000/-
7. Printer purchased from Venkatesh–8,000/-
8. Cell purchased from Amar –9,000/-
9. Computer purchased from Rohini–16,000/-
10. Cash paid to Venkatesh.
11. Cash paid to Amar.
12. Cash Paid to Rohini.

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How to sold Assets in tally

Problem1

* Mr.nani Started a new business

with a 5,00,000/-
* Cash Deposited into SBI—
45,000/- F7 scooter 3000

* Scooter purchased 35000 P&L 3000

* Scooter was sold 38,000/- F6 cash

scooter

* Furniture purchased 25000

* Furniture was sold 20000 F7 p&L 5000
Furniture 5000

F7 mobile 2700
P&l 2700 * Mobile purchased18000 F6 cash
Furniture 20000

F6 cash
* Mobile was sold 15%profit
Laptop purchsed 30000
mobile 20700
F7 p&L 3000
* laptop 3000

* Laptop was sold 10%loss F6 cash

Laptop 27000

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Problem2

*mr mani stated a new business

with 600000/-
*Printer purchased 5000
*Printer was sold 6000
*mobile purchased 16000
*mobile was sold 15000
*QLED tv purchased 50000
*QLED tv sold 10% loss
*furniture purchased 35000
*furniture was sold 8% profit
*donation received 8000

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Rectification of Errors
Problem:1

 Mr shyam start a business 500000

 Furniture purchased 50000
 Laptop purchased 300000
 Deprecation on laptop10%
 Deprecation on furniture 15%
 Salary paid 150000
 Mobile purchased from big-c mobiles 22000

Note:
Laptop purchased is not 300000 it is 30000
Salary paid is not 150000 it is 15000
Deprecation on furniture is not 15% it is 10%

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Problem :2

 Miss kavita started a new business with

300000
 Office experience paid 10000
 Mobile purchased from rohan mobiles 16000
 Rent paid 10000
 Donation received 150000
 Power bill paid 5000
 Printer purchased from mohan5800
 Interest received 15000

Note:
Office experience paid 1000
Mobile purchased is not in rohan mobiles,
it is sangeeta mobiles
Donation received 15000/-
Printer purchased is not in mohan it is
Neelam computers

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INVENTORY MANAGEMENT OR STOCK BASE MANAGEMENT IN TALLY

In this concept were performing stock oriented purchases, purchases

returns, sales returns to implement inventory Operations we have to
perform following operations.
Ledger:-
Purchases= purchases
accounts
Sales = sales accounts
Create—->units of measure—->
stock items Units of measure:-
In this option were specifying stock base measurement like –Kg’s, sets,
liters, packets, bags etc…….

Stock items:-
In this option we have to specify items
information. Steps for create
measurement:-
1. Go to Unit of Measure
2. Go to Crete Option
3. Type the Sets
4. Enter.
Steps for create items:-
1. Go to stock items
2. Go to create
3. Name of the item=
color tv’s units = sets
F8:-With the help of this key only we can per
stock sales operations F9:-To perform all types of
stock purchases operations
Note:-
To perform purchases and sales operations we have to create “purchase a/c’s
and sales a/c’s.

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Problem1:-

1. Mr. Praveen Started a New business with

3,00,000/-
2. Power bill paid 1,200/-

3. Salary Paid 15,000/-

4. Interest Received 22,000/-

5. Purchases Color Tv’s 10 Sets Each one

9,000/-
6. Salesas Fallow’s:-

ColorTv’s 5 Sets Each one 15,000/-

Color Tv’s 3 Sets Each one 7,500/-
ColorTv’s 2 Sets Each one 12,000/-

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Problem2:-
1. Mr. Rakesh started a new business 5,00,000/-
2. Cash deposited into SBI 1,00,000/-
3. Cash deposited into Andhra bank 2,00,000/-
4. Rent paid– 1000/-

5. Purchases as fallow’s:-
a. Rice 25 Bags each one 1050/-
b. Oil 20 Cans each one2600/-

6. Cash withdraw from SBI 17,000/-

7. Cash Transfer to Andhra Bank to SBI 35,000/-
8. Sales as fallows through Andhra Bank:-
a. Rice 15 Bags each one 1500/-

b. Oil 14 Cans each one 3200/-

9. Sales as fallows:-
a. Rice 10 Bags each one1250/-

b. Oil 5 Cans each one 2900/-

10. Cash Transfer to SBI to Andhra Bank 13,000/-

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PURCHASE RETURNS & SALES RETURNS IN TALLY

Ledger:-
Purchases Return= purchases accounts
Sales Return = sales accounts Accounting
Vouchers:-
CTRL+F9—-DEBITNOTE–Purchase Returns
CTRL + F8 —- CREDIT NOTE-Sales Returns

Problem 1:-
1. Mr.Arvindstartedanewbusinesswith5,00,000/-
2. PurchaseasFallows:-
i) Computers–15SetsEachone16,000/-
ii) Pendrives–50No’sEach one 350/-
iii) Headphones–35SetsEachone 170/-

3.PurchaseReturns:-
i) Computers–3Sets
ii) Pendrives– 7No’s
iii) Headphones–5Sets

4. SalesasFallows:-
i) Computers–12SetsEachone25,000/-
ii)Pendrives–43No’sEach one 550/-
iii)Headphones–30SetsEachone 300/-

5.SalesReturns:-

i) Pendrives– 8No’s
ii) Computers–2Sets
iii) Headphones–5Sets
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Problem2:-

1. Mr.Prasad starteda new business with 6,00,000/-

2. FurniturePurchased30,000/-
3. Purchases Fallows:-
i) LEDTv’s–30SetsEachone15,000/-from VijayaTraders
ii) WashingMachines–15SetsEachone22,000/-from
BhuvanaTraders
iii) HomeTheaters–45SetsEachone 2500/-from RaviTraders
4. DepreciationonFurniture4,000/-
5. Sales as fallows to GaneshTraders:-
i) LEDTv’s–20Sets Each one27,000/-
ii) Washing Machines–8Sets Each one 40,000/-
iii) HomeTheaters–30SetsEachone 5000/-
6. Sales as fallows to Radha&Co:-
i) HomeTheaters–10 Sets Eachone4200/-
ii) WashingMachines–7Sets Eachone35,000/-
iii) LEDTv’s–10Sets Eachone24,000/-
7. SalesReturns:-
i) Washing Machines–2Sets from Radha&Co
ii) HomeTheaters–5Sets from GaneshTraders.
8. Donation received10,000/-
9. Travelling Expns1,700/-
10. Purchase Returns:-
i) HomeTheaters–5 Sets from RaviTraders.
ii) Washing Machines–2 Sets from BhuvanaTraders
11. Cash Paid to VijayaTraders
12. Cash Paid to BhuvanaTraders
13. Cash Paid to RaviTraders
14. Cash From GaneshTraders
15. Cash From Radha&Co 60%Only.

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CASH DISCOUNT ENTRIES

Types of Discounts:- That wok types of discounts are

1.CashDiscount
2.TradeDiscount

Note:- Toper form the concept we have to perform fallowing setting’s Go to

PressF11
Separate discount on column invoice=Yes.

PROBLEM1:-
1. Mr.Srinivas started a Mobile business with 4,00,000/-
2. Cash deposited into SBI 50,000/-
3. Furnisher purchased15,000/-
4. Purchase as follows:-
a. Samsungmobiles–15sets@7000/-cashdiscount12%
b. Lenovomobiles–10sets@5500/-cashdiscount15%
c. NokiaLumiamobiles–5sets@6000/-cashdiscount25%
5. CashwithdrawfromSBI30,000/-
6. Sales as follows:-
a. Samsungmobiles–15sets@12,000/-cashdiscount10%
b. Lenovomobiles–10sets@9,000/-cashdiscount20%
c. NokiaLumiamobiles–5sets@11,000/-cashdiscount30%
7. Salesreturns:-
a. Lenovomobiles–2setscashdiscount20%
b. NokiaLumiamobiles–1setcashdiscount30%
8. Purchasereturns:-
a. Lenovomobiles–2setscashdiscount15%
b. NokiaLumiamobiles–1setcashdiscount25%

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PROBLEM 2:-

1. Mr.PrakashstartedaFurniturebusinesswith10,00,000/-
2. CashdepositedintoAndhraBank50,000/-
3. Rentpaidthroughbank15,000/-
4. Purchase as follows:-
a. Doublecots–10no’s@25,000cash discount5.3%
b. DiningTables–15sets@40,000/-cash discount2.5%
c. Divancots–10sets@12,000/-cash discount 8%
d. Dressingtables-20sets@10,000/-cash discount 4.5%
5. Sales as follows:-
a. Doublecots–7no’s@34,000cashdiscount2.7%
b. DiningTables–11sets@48,000/-cashdiscount5.5%
c. Divancots–5sets@20,000/-cashdiscount6.2%
d. Dressingtables-15sets@18,000/-cashdiscount 3.5%
6. Sales returns:-
a. DiningTables–2setscashdiscount5.5%
b. Dressingtables-1setcashdiscount 3.5% 7.
Purchase returns:-
a. DiningTables–2 sets
b. Dressingtables-1set

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TRADE DISCOUNT ENTRIES IN TALLY

Note:- Toper form the concept we have to perform fallowing setting’s Go to

accounting vouchers PressF11 Use accounting bill country=Yes.

PROBLEM1:-
1. Mr.Raju Started a New business with 7,00,000/-
2. Rent Paid Through Bank 20,000/-
3. Cash Deposited into HDFC bank 1,00,000/-
4. Purchase as fallows:-
a.Computers 20Sets @15,000/-Bill Counted 17Sets
b.Laptop’s 15 Sets@23,000/-Cash Discount 5.7%
c.Ext Hard Disks 30Sets@4,000/-BillCounted25Sets
5.Purchase as fallow’s from Reventh Traders:-
a.Laptop’s 10Sets @20,000/- Bill Counted 9 Sets
b.Ext Hard Disks5 Sets @3,500/- Cash Discount 10.7%
6.Sales as fallow’s Through Bank:-
a.Computers 15 Sets @21,000/- Bill Counted 14 Sets
b.Laptop’s 15Sets @40,000/-Bill Counted 12 Sets
c. Ext Hard Disks 20 Sets@7,000/-BillCounted18Sets
d. Ext Hard Disks 10Sets @6,200/- CashDiscount3.5%
7.Sales as fallow’s to RajaTraders:-
a. Laptop’s 10 Sets@ 35,000/-Bill Counted 8 Sets
b. Ext Hard Disks 5Sets @6,500/- Bill Counted 4 Sets
8. Cash Withdraw from HDFC bank 75,000/-
9. Cash Paid to Reventh Traders
10. Cash From RajaTraders

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PROBLEM2:-

1.Miss.vineela started a new business with 5,00,000/-

2.Internet bill paid 1,200/-
3.cash deposited into SBI bank1,50,000/-
4.Purchase as follows:-
a) Mine labtop’s 10 sets each one12,000/-discounted 4% from A1traders
b) labtops 20 sets eachone14,000/-discounted 4.5% from A2 traders
c) Samsung mobiles 20 sets each one 2,100/- discounted 6% from A3
traders
d) Nokia mobiles10sets each one 4,000/-discounted3%
e) Carbon mobiles 10 sets eachone 5,500/-discounted10%
f) Micromax mobiles 10sets eachone 9000/-discounted7%
g) Lava mobiles 10sets each one 2900/-discount1.5%
5.Sales as fallows:-
a) Mine labtop’s 5 sets each one16,500/-discounted2%fromB1traders
b) Mine labtop’s 5 sets eachone 18,000/-discounted3%fromthroughSBIbank
c) Laptop’s 20 sets eachone 38,000/-billcounted19sets
d) Samsung mobiles 20 setseachone65,000/-discounted6%
e) Nokia mobiles10setseachone15,000/-
f) Carbon mobiles10setseachone13,000/-discounted5%
g) Lava mobiles10 sets each one 4900/- discount6.5%
6. Sales return:
a) Samsung mobiles 1set
7. Purchases return:
b)Samsung mobiles 1 set
8. cash paid to A1traders
9. cash paid to A2traders
10. cash paid to A3traders
11. cash from B1 traders 1

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PURCHASEORDERENTRIESINTALLY

PROBLEM1:-
1. Miss jyothi started a new business with 3,00,000/-
2.Purchase order given to RupaTraders with Order No:325 –
It contain fallowing stock items
a. CRT Monitors 10no’s Eachone3000/-
b. LCD Monitors15no’sEachone4500/-discount4.5%
c. LED Monitors25no’sEachone6000/-
3. Goods Received from RupaTraders with OrderNo:325
4. Purchase order given to VijayaTraders with OrderNo:907-
Itcontainfallowingstockitems
a. Keyboards10no’sEachone300/-billcounted 9no’s
b. Mouses20 no’sEachone150/-discount 2%
5. Goods Received from Vijaya Traders with OrderNo:907
6. Cash Paid to RupaTraders
7. Cash Paid to ViajayaTraders
8. Sales as follows:-
a. CRT Monitors 10no’sEachone4200/-discount1.5%
b. LCD Monitors 15no’sEachone5600/-billcounted14no’s
c. LED Monitors 25no’sEachone8500/-
d. Key boards 10no’sEachone550/-billcounted8no’s
e. Mouses 20no’s Eachone220/-discount3%

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PROBLEM2:-

1. Mr.Deva started a new business with 2,00,000/-

2. Purchases order to kumar trader with order no:123 the
fallowing items
a) B.p.l colortv’s10setseachone 3,000/-
b) L.g colortv’s10setseachone 5,000/-
c) Onida colortv’s10setseachone 5,500/-
3.Purchases order to sampanth trader with order no: 120 the
fallowing items
a) Laptop’s50 sets eachone 20,000/-
b) Sony mobiles 50sets eachone 5,000/-
4.Items received to kumar trader order no 123
5Items received to sampanth trader order no 120.
6. Cash paid to kumar trader.
7. Cash paid to sampanth trader.
8. Salesasfallows:-
a) B.p.l colortv’s 10setseachone 6000/-
b) L.g color tv’s 16setseachone 7500/-
c) Onida colortv’s 10setseachone 11,000/-
d) Sony colortv’s 10setseachone 6,000/-
e) Laptop’s 40 sets each one 10,000/-

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PH NO: 6305505100

SALESORDERENTERSINTALLY

PROBLEM 1:-

1. Mr.Ganesh started a new small business with 50,000/-

2. Purchase order given to Anand Traders with OrderNo:301– It
contain fallowing stock items
a. Lirilsoaps 10 PeacesEachone150/-discount 2.5%
b. Luxsoaps 20 PeacesEachone200/-billcounted18Peaces
c. Dovesoaps 15 PeacesEachone170/-discount2.5%
d. Santhoorsoaps 10 PeacesEachone130/-billcounted9Peaces
e. Pearssoaps 25 PeacesEachone220/-discount3.2%
3. Received goods from AnandTradersOrderNo:301.
4. Sale sorder received to SindhuTraderswithOrderNo:205–
Itcontainfallowingstockitems
a. Liril soaps8 PeacesEachone200/-billcounted7Peaces
b. Lux soaps18 PeacesEachone230/-discount1.7%
c. Dove soaps10 PeacesEachone210/-billcounted9Peaces
d. Santhoor soaps 6PeacesEachone160/-
e. Pearssoaps 20 PeacesEachone250/-discount3.1%
5. Goods given toSindhuTradersOrderNo:205
6. Cash Paid to AnandTraders
7. Cash From SindhuTraders.

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

PROBLEM2:-

Miss.swathi started a new business 1,00,000/-

Purchase order given to A1 trader with Order no108.it contains
the fallowing items.
Lcd monitors 10 sets eachone2,000/-
Dvd players 10 sets eachone1500/-
Purchase order given to Big-c with Orderno102.
itcontainthefallowingitems
Micromax mobiles10setseachone600/-
Corbon mobiles10setseachone1200/-
Goods received from A1trader with order no108.
Goods received from Big– c with order no102.
Cash paid to A1traders.
Cash paid to Big-ctraders.
Sales as fallows:
Lcd monitors10setseachone4000/-
Dvd players10setseachone3900/-
Sales order received from Prasad traders with order
no104itcontainthefallowing
Carbon mobiles10setseachone6000/-
Micromax 10sets2000/-
Stock delivered to Prasad traders with order no:104
Cash from prasadtraders.

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100
GODOWNSMANAGEMENTACCOUNTSENTRIESINTALLY

Problem1:-
1. Mr.RamanaStartedanewbussinesswith10,00,000/-
2. PurchaseLEDTv’s10SetsEachone12,000/-
3. AboveStockUnderAutonagarGodown.
4. PurchaseAircondition’s(A/C’s)10SetsEachone40,000/-
5. AboveStockUnderGaneshGodown.
6. 10SetsLEDTv’sTransfertoMain Location
7. 5SetsAircondtions(A/C’s)TransfertoMainLocation
8. Salesasfallows:-
a. LEDTv’s8SetsEachone20,000/-
b. Aircondition’s(A/C’s)3SetsEachone55,000/-
c. Aircondition’s(A/C’s)4SetsEachone51,000/-
fromGaneshGodown.

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

Problem2:-
1. Mr.Kumarstartedanewbusiness3,00,000/-
2. Purchasesasfallow’s:
a) Lcdmonitors20setseachone6000/-
b) Laptop’s20setseachone3500/-
TheabovestockunderA1Godown
3. Purchasesasfallowes:
a) Furniture’s10setseachone7000/-
b) Computer20setseachone10,000/-
The above stock under A2 Godown
4. A1Godownstocktransfertomainlocation
5. A2Godownstocktransfertomainlocation
6. Salesasfallows:
a) Lcdmonitors20setseachone12,000/-
b) Laptop’s20setseachone20,000/-
c) Computers20setseachone7,000/-
d) Furniture10sets20,000/-

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

MULTICURRENCYENTRIESINTALLY

Problem 1

1.Ajay(USA),Sekhar(Itali),Dinesh(London)
Invested750$(Dollars),830Euros,500 Pounds
invested our Country.
1$(Dollar)=67Rs/-
1E(Euro)=71Rs/-
1P(Pound)=84Rs/-
2. CashDepositedintoSBI150Pounds
3. FurniturePurchased13,000Rs/-
4. DonationReceived170Dollars
5Powerbillpaid5 Euros
OfficeExpns230Pounds
6. SalaryPaid90Euros
7. Cashwithdrawfrombank10,000Rs/-
8. CashpaidtoWiproLtd190Dollars
9.Commission Received 120 Euros
10.CashReceivedfromWiproLtd50%Dollars

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

Problem 2
1.Avinash(USA),Sravani(Japan),Manoj(London)Inv
ested470$(Dollars),80,000Yens,900 Pounds invested
our Country. 1
$(Dollar)=67Rs/-
1Y(Yen) =1Rupee.68Paisa/-
1P(Pound) =84 Rs/-
2. CashDepositedintoAndhraBank18,000Yens
3. MobilePurchased25,000Rs/-
4. InteastReceived270Dollars
5. Internetbillpaid600Yens
6. OfficeIncome230Pounds
7. SalaryPaid90Dollars
8. Cashwithdrawfrombank10,000Yens
9. CashpaidtoPrakasah15,000Rs/-
10.CommissionReceived1200Yens
11.CashReceivedfromPrakash70%Yens

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

GSTACCOUNTINGENTRIESINTALLY–PURCHASE&SALES(CGST,SGST)

Problem 1
1. Mr.kiranStartedanewbusinesswith5,00,000/- (ap)
2. RentPaid25,000/-
3. Purchaseasfallowsfromkavya&Son’s(A.P):-
* SamsungMobiles10no’sEachone7,200/-
* RedmiMobiles15no’sEachone6,500/-
* AppoMobiles8no’sEachone4,300/-
4. CashdepositedintoHDFC35,000/-
5. Powerbillpaidthroughbank2,650/-
6. Salesasfallowstoraju&Co(A.P):-
* SamsungMobiles10no’sEachone10,500/-
* RedmiMobiles15no’sEachone9,600/-
* AppoMobiles8no’sEachone7,900/-
7. CashwithdrawfromHDFC10,000/-
8. Cashpaidtokavya&Son’s
9. Cashreceivefromraju&Co
10. Internetbillpaidthroughbank550/-
(Note:- Mobile Phones in GST : 12%)

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

Problem 2

1. Miss.lathaStartedanewbusinesswith10,00,000/-
2. Furniturepurchased40,000/-
3. ScooterPurchased55,000/-
4. PurchaseasfallowsRadha&co(A.P):-
* SamsungLEDTv’s10no’sEachone18,500/-
* SonyLEDTv’s10no’sEachone19,400/-
* VideoconLEDTv’s10no’sEachone14,700/-
4. CashdepositedintoAndhrabank50,000/-
5. Rentpaidthroughbank12,000/-
6. SalesasfallowstoBaskerTraders(A.P):-
* SamsungLEDTv’s10no’sEachone25,200/-
*SonyLEDTv’s10no’sEachone30,100/-
* VideoconLEDTv’s10no’sEachone19,300/-
7. CashwithdrawfromAndhraBank22,000/-
8. DepreciationonScooter11,000/-
9.CashpaidtoRadha&co
10. CashreceivefromBaskerTraders
(Note:-ElectronicsinGST:28%)

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

GSTACCOUNTINGENTRIESINTALLY-PART-2–PURCHASE&SALES(IGST)

Problem1:-

1.Mr.chandu(A.P)startedanewbusinesswith5,00,000/-
2.PurchaseasfallowsfromVarunTraders(Local-A.P) ·
SamsungMonitors10setseachone4,500/- ·
LGMonitors15setseachone4,300/-
3.PurchaseasfallowsfromSanjay&Co(InterState-Maharashtra) ·
SonyMonitors20setseachone6,000/- ·
VideoconMonitors20setseachone3,800/-
4.SalesasfallowstoVijayaTraders(LocalIntraA.P) ·
SamsungMonitors5setseachone7,200/- ·
LGMonitors7setseachone8,000/- ·
VideoconMonitors10setseachone6,100/- ·
SonyMonitors10setseachone10,500/-
5.SalesasfallowstoMahidar&Co(InterState-Kerala) ·
SamsungMonitors5setseachone7,800/- ·
LGMonitors8setseachone8,300/- ·
SonyMonitors10setseachone10,900/- ·
VideoconMonitors10setseachone6,700/-
6.CashpaidtoVarunTraders.
7.CashpaidtoSanjay&Co.
8.CashfromVijayaTraders.
9.CashfromMahidar&Co.
(Note:-below17inchMonitorsGST18%)

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100
Problem2:-

1.Miss.Sanjana(A.P)startedanewbusinesswith4,50,000/-
2.PurchaseasfallowsfromManoj&Sons(Local-A.P) ·
F&DSpeakers10setseachone2,500/- ·
HPPrinters20setseachone2,300/-
3.PurchaseasfallowsfromPradeepTraders(InterState-Tamilanadu) ·
Cameras20no’seachone6,000/-
4.SalesasfallowstoJanaki&Son’s(LocalA.P) ·
F&DSpeakers5setseachone4,100/- ·
HPPrinters10setseachone3,800/- ·
Cameras12no’seachone9,200/-
5.SalesasfallowstoJagadeeshTraders(Interstate-odisa) ·
F&DSpeakers5setseachone5,200/- ·
HPPrinters10setseachone4,300/- ·
Cameras8no’seachone10,300/-
6.CashpaidtoManoj&son’s
7.CashpaidtoPradeepTraders
8.Cash from Janaki & Son’s
9.CashfromJagadeeshTraders.
(Note:- Speakers,Printers,Cameras in GST 12%)

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

APPLYGSTINDEBITNOTE&CREDITNOTE(GSTRETURNS)

Problem-1:-
(GSTinComputerMonitors:18%)
• Mahadevstartedanewbusinesswith5,00,000/-
• PurchasedfromJayaTraders(Intrastate)A.P
• LGmonitors10sets@ 1500/-
• SamsungMonitors10sets@2000/-
• PurchasedfromRahul&Son’s(Interstate)Maharashtra
• LGmonitors10sets@ 1500/-
• SamsungMonitors10sets@2000/-
• SalesasfallowstoGaneshTraders(Intrastate)A.P
• LGmonitors5sets@ 3500/-
• SamsungMonitors5sets@5000/-
• SalesasfallowstoMahidar&Co (Interstate)Maharashtra
• LGmonitors5sets@ 3500/-
• SamsungMonitors5sets@5000/-
• SalesreturnsfromGaneshTraders
• SamsungMonitors2sets
• SalesreturnsfromMahidar&Co
• LGMonitors1set
• PurchaseReturntoJayaTraders
• LGMonitors1set
• PurchaseReturntoRahul&SonsTraders
• SamsungMonitors2sets
• CashfromGaneshTraders&Mahidar&Co
• CashpaidtoJayaTraders&RahulSon’s

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

Problem-2

(GSTinMobile: 12%)
• Sandyastartedanewbusinesswith10,00,000/-
• PurchasedfromVinayTraders(Intrastate)A.P
• MiMobiles10sets@6000/-
• MotoMobiles10sets@7100/-
• PurchasedfromRadha&Co(Interstate)Tamilnadu
• LenovoMobiles10sets@6400/-
• SamsungMobiles10sets@8000/-
• SalesasfallowstoRameshTraders(Intrastate)A.P
• LenovoMobiles5sets@13800/-
• SamsungMobiles5sets@17200/-
• SalesasfallowstoLalitha&Co(Interstate)Tamilanadu
• MiMobiles5sets@12000/-
• MotoMobiles5sets@14500/-
• SalesreturnsfromRameshTraders
• LenovoMobiles2sets
• SalesreturnsfromLalitha&Co
• MotoMobiles1 set
• PurchaseReturntoVinayTraders
• MotoMobiles1 set
• PurchaseReturntoRadha&Co
• LenovoMobiles2sets
• CashfromRameshTraders&Lalitha&Co
• CashpaidtoVinayTraders&Radha&Co

TALLYPRIMENOTES:PHNO: 6305505100
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PH NO: 6305505100

TALLYPRIMENOTES:PHNO: 6305505100