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Outstanding Management In Tally ERP9 2021

Outstanding Management In Tally ERP9 2021

By Tuesday, 12 January 2021 2 Comments

 OUTSTANDING MANAGEMENT 


Accounting Features In Tally ERP9

Company features in accounting features tally erp9 -  
                                                                                           In tally erp-9 accounting facilities are one of the important categories of the company. It Includes many discussions and functions that are used for accounting transactions and reports. Accounting features can be opened by clicking on F11: Features or Function Key F11 Supp.


Outstanding Management

       1.  Maintain Bill Wise Details 
                    (For Non-Trading A/c Also)

       2.   Activate Interest Calculation
                    (Use advanced parameters)

Important Accounting Journal Entry Rules

1. 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. When we enter details of sales and purchases with the Bill-Wise option activated, ERP9 prompts you to identify the invoice with an appropriate reference number. The reference can then be used to allocate payments to the correct invoice and maintain an accurate account of outstanding. 
  • (For Non-Trading A/c Also) :   
                                                            If you want to maintain bill wise details for Non-Trading accounts also, set this option to Yes. Bill wise details for Non-Trading accounts is useful in those cases where one needs to track either an installment to be paid or a loan amount to be received over a certain period of time.

2. Activate Interest Calculation :
                                                    By enabling this Yes, it automatically calculates the interest to be received on outstanding amounts if we provide the rate of Interest & Period for each invoice. 
  • (Use Advanced Parameters)
                                                       Are useful when interest rates need to change from time to time

Cost / Profit Centers Management 

Maintain Payroll :  If you want to manage payroll of employees of particular company, enable YES
  • Maintain Cost Centers : A unit of an organization to which  transactions can be posted enable YES.
Banking Features 
  • Enable Cheque Printing : YES to get cheque printing. for more info. on this plese refer.
  • Banking Features : YES for more info. click here.
Other Features 
  • Maintain Multiple Mailing Details for company -  YES ( To add Multiple addresses of the company)
  • Enable Company Logo : YES opens a window where we need to enter the path of the logo 
  • Mark Changed Vouchers : YES will make a difference with altered vouchers 
CTRL + A = To Save

Next......
  • Cost / Profit Centers Management : 
  • Banking Features :
  • Other Features:






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