Free Online Tally.ERP9 Help & Tutorial : www.tallyerp9help.com
 

Banking Features - in Tally.ERP 9

Setting Up Banking Features in Tally.ERP 9

Tally.ERP 9 provides the default banking features required to record payment transactions. By using F11: Features , you can modify the default settings for banking features of your company depending on the business requirements.

To modify banking-related settings

  1. Go to F11 : Features F1 : Accounts .
    The Company Operations Alteration screen appears as shown below:

    Setting Up Banking Features in Tally.ERP 9
  2. Enable Set/alter transaction types .
  • Include or exclude the required transaction types based on your business needs. The Cheque e-Fund Transfer , and Others options are enabled by default.
    The Alteration of Transaction Types screen appears as shown below :
    Setting Up Banking Features in Tally.ERP 9
  1. Enable Set/alter post-dated transaction features? .
    Click the bank name from the List of Banks which you want to be listed as notional banks to support post-dated transaction options.
  2. Enable Set/alter banking features .
    • Enable beneficiary code? - Enabling this option allows you to add the beneficiary details in the ledger. This feature is available only when you create bank ledgers with e-payments enabled.

    • Enable bank details for cost centre? - Enabling this option allows you to make cost centre payments through the bank.

    • Export/upload payment instructions on voucher creation? - This option allows you to export payment instructions directly from the voucher if you provide the necessary payment details during voucher creation.

    • Ignore transactions with information mismatch? - Enable this option to ignore transactions in which bank details entered are different from the masters.

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.

  • Supports multiple Cheque formats for a single bank.

  • Allows user to print the pending or already printed or the required cheques continuously from a single screen.

  • Also allows user to update the cheque details and have track of cheques to be printed, of a selected or all banks.

  • Vertical Cheque Printing is an enhanced feature in cheque printing.

  • Configurations can be stored on Tally.NET for easy maintenance and update.

Cheque Register

  • Allows user to configure cheque number ranges for Auto cheque numbering based on cheque range.

  • Duplicate cheque number validation

  • Report for cheques issued (like the issue log slip in the cheque books)

  • Inventory of cheques available (not used)

  • Stale/cancelled cheque management

  • Filters based on Cheque range

Bank Reconciliation:

  • The BRS screen allows user to reconcile the bank account.

  • This screen will now provide detailed information with regard to transaction types, instrument no., instrument date, cheque favouring, etc.

  • User can also provide Opening BRS for unreconciled transactions.

  • Allows user to import bank statements to perform Auto Bank Reconciliation.

Deposit Slips:

  • Bank-wise Cash Deposit Slips for the Cash being deposited can be generated automatically along with cash denominations.

  • Cash Deposit Slips that are required to accompany Cash that is being deposited to the Bank can be generated automatically along with cash denominations.

Payment Advice:

  • The payment advice sent to the suppliers / other parties along with the cheques/other instruments may be generated quickly from the voucher itself.

To access Banking, go to Gateway of Tally > Banking.

Banking in Tally.ERP9

 
Get...Tally.ERP9 Book + GST Assignment (2 Set) @ Rs.550
 
 
Disclaimer :

Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP 9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners.

The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

Trademarks :
Tally,Tally GST,TallyERP9 GST, Tally9, Tally.ERP, Tally.ERP –9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners. This Website is not associated with any product or vendor mentioned in this Website
© 2018 : www.tallyerp9help.com