Sum 1

Balance sheet as 31-3-2012

Liabilities Amount Assets Amount

Raj’s Capital 3, 10,000 Furniture 54,000

LG Electronics 24,000 Electrical Equipment 20,000
SBI Bank 40,000
Sam Sum Bros 20,000
Closing Stock 50,000
( 5 ctvs@ 10,000 each)
Cash 1,50,000

3,34,000 3,34,000

April 2013 TRANSACTIONS Details

1. Purchase 40 Dell computer @10,000 each from LG Electronics
2. Paid carriage on purchases Rs.1000
3. Sold 20 Dell computer for cash Rs.12,000 each + 10% sales tax
4. Sold 20 Dell computer sam Sum Bors+ 10% Sales tax
5. Received cash from Sam sum bros in full settlement of his account
6. Paid cash to LG electronics Rs.3,50,000
7. Paid Salaries 5,000 & Rent Rs. 3,000

Answers: Closing Stock: 50,000 Gross Profit: 79,000

Net Profit: 71,000 Balance Sheet: 5,03,000
---------------------------------------------------------------------------------------------------------------
STEP 1 Create Company
Gat Way of Tallyalt+F3create Company
Name : Ram & co
Maintain : Accounts with Inventory
Financial Year From : 1-4-2013
Books beginning From: 1-4-2013
Accept (to Save)
STEP 2 To Create Manual Opening Stock
we must Disable Following option (in F11 Features)
Gat Way of TallyPress F11 Accounting Featuresintegrate Accounts & inventory [NO]
----------------------------------------------------------------------------------------------------------------
-------
STEP 3 Create Ledgers
Multiple LedgerscreateAll
Items
Ledger Creation
Name ledger Group
Raj’s Capital capital account 3,10,000 Cr
LG electronics sundry creditor 24,000 Cr
Furniture Fixed assets 54,000 Dr
Electricals Equipment Fixed assets 20,000 Dr
SBI Bank Bank Account 40,000 Dr
Sam Sum Bros sundry Debtor 20,000 Dr
closing Stock Stock –in-Hand 50,000 Dr
Credit purchase Purchase Account
Cash Purchase Purchase Account
Carriage On purchases Direct Expenses
Credit Sales Sales Account
Cash Sales Sales Account
Sales Tax duties& taxes
Salaries Indirect Expenses
Rent Indirect Expenses
Canara Bank bank account
Stationary items indirect expenses
Remuneration (Raj capital) indirect expenses

-----------------------------------------------------------------------------------------
Gatway of Tallyaccounts infoledgersingle ledgeralterselect cashOpening
Balance =1,50,000
(Cash Cash-In-Hand 1,50,000 Dr)
---------------------------------------------------------------------------------------------------------------
STEP 4
Units of measure Create
Gat Way of Tallyinventory info Units of measurecreate
Type : Simple
Symbol : Nos
Formal Name : numbers
Decimal places: 0
------------------------------------------------------------------------------------------------------------
STEP 5
Stock Items Create
Gat Way of Tallyinventory infoStock itemssingle Stock itemscreate
Name : Dell computer
under : Primary
Units : Nos
----------------------------------------------------------------------------------------------------------------
------
STEP 6
CREATE PURCHASE & SALES TRANSACTIONS
Purchase Entry Press F9

Invoice No : 101
Party A/c Name: LG Electronics
Purchase Ledger: Credit Purchase
Name of item Quty Rate Amount
Dell computer 40 10,000 4,00,000
Accept
------------------------------------------------------------------------------------------
STEPS 7
Carriage Expenses Press F5 for Payment Books

Account : Cash
Particulars Amounts
Carriage On Purchases 1000

Or

Particulars Debit Credit

Carriage On Purchases 1000
cash 1000
---------------------------------------------------------------------------------------------
STEPS 8
SALES ENTRY Press F8 for Sales Book
Ref: 201
Pary’s A/c Name : Cash
Sales Ledger : Cash Sales
Name of item Quty Rate Amount
Dell computer 20 12,000 2,40,000

Sales Tax 10% 24,000

---------------------------------------------------------------------------------------------
Credit Sales to Sam Sum Bors ( )
Ref: 202
Pary’s A/c Name : Sam Sum Bors
Sales Ledger : Credit Sales
Name of item Quty Rate Amount
Dell computer 20 12,000 2,40,000

Sales Tax 10% 24,000

------------------------------------------------------------------------------------------------
STEP 9
Received Cash Press F6 for Receipt Book

Account : Cash
Particulars Amounts
Sam Sum Bors 2,64,000

OR

Particulars Debit Credit

Sam Sum Bors 2,64,000
cash 2,64,000

------------------------------------------------------------------------------
STEP 10
Paid Cash Press F5 for Payment Book

Account : Cash
Particulars Amounts
LG Electronics 3,50,000

OR

Particulars Debit Credit

LG Electronics 3,50,000
cash 3,50,000
-------------------------------------------------------------------------------------------
 Paid Cash to Salary & Rent Press F5 for Payment Book

Account : Cash
Particulars Amounts
Salary 5,000
Rent 3,000
OR

Particulars Debit Credit

Salary 5,000
Rent 3,000
cash 8,000

------------------------------------------------------------------------------------------
REPORTS to Display
Answers:
Closing Stock : 50,000 Gross Profit : 79,000
Net Profit : 71,000 Balance Sheet: 5,03,000

Ledger create
Gate way of tallyaccounts infoledgermultiple ledgercreateall items

Name under
Salary payable Provisions
Rent payable provisions
Vehicle Expenses payable provisions
Petrol expenses payable provisions
Telephone Bills payable Provisions
Telephone bills indirect expenses
Vehicle Car & Van expenses indirect expenses
Petrol expenses indirect expenses
Start Xerox sundry creditor
Kumar paper mart sundry creditor
Sun mart sundry creditor
Reports

Sales register
To Display profit amount from every customer
Gate Way Of Tally DisplayAccount BooksSales RegisterSelect April
MonthPress F7

Remainder letter
Sending Remainder To every customer for Balance amount to be Received
Gate Way Of Tally Display Statement Of AccountOutstanding
LedgerSam Sum BrosChange Date Alt+F2Press Alt+PPress BackspacePrint
Reminder Letter [Yes] From :0 To 90 Press Accept Full Screen Press Alt +Z

Item Wise Sales, Purchase & Stock Report

Gate Way Of TallyDisplayStatement Of InventoryStock QuerySelect
Any Item
(It Display purchase sales & stock information )

UP TO DATE TRANSACTION (PURCHASE, SALES, PAYMENT, RECEIPT ETC...)

Gate Way Of TallyDisplay Day BookChange Date Alt+F2 Press F4
Then Select Any Vouchers

Printing Style
(don’t use pre-printed to Display company logo , Unless Display Print preview don’t select
Dot matrix Format in print Format)

Display company logo in sales & receipt voucher (invoice)

Gate Way Of TallyPress F11Accounting FeaturesEnable Company Logo
[Yes]
Location of logo c:\csc.jpg

Accept [Yes] Gate Way Of TallyDisplay Day BookSelect Sales Voucher

Then Press Enter KeyPress Alt+PAlt+Z For Full Screen)

Print any language

(Open sales voucher )

Accept [Yes] Gate Way Of TallyDisplay Day BookSelect Sales Voucher

Then Press Enter KeyPress Alt+PPress Alt+L Now Select Any Language Alt+Z
For Full Screen)
Unless display print preview option
Click print Buttonthen press alt+Fselect neat modenow Alt+i to enable
and Disable print preview
Export TAIL BALANCE REPORT alt+E (send any report Tally.erp9 to Excel)
GATE WAY OF TALLYDISPLAY TRAIL BALANCEALT+F1
DISPLAY DETAILS PRESS ALT+E
Format :excel (spreadsheet)
Open exported Files : yes
Accept

(now it display excel with Trail Balance Report)

Back up & Restore

GATE WAY OF TALLYALT+F3SELECT BACKUP

Source :any Bath

Destination d:\csc\

Name of company numbers

Select any company name

RESTORE
GATE WAY OF TALLYALT+F3SELECT BACKUP
Destination d:\csc\
Source :any Bath

SPLIT COMPANY DATA

GATE WAY OF TALLYALT+F3split company Dataselect company

Name : any company name

Split From : 1-4-2014

Accept