TallyERP9 Tutorial Part-22: Bill of Materials (BoM)

A Bill of Materials is a list of constituent items along with quantity details that can be allotted for the manufacture of a  certain product, by-product or likewise. This facilitates immediate reduction in stock of the item automatically. This process of listing the items that make up another item is made possible in Tally by enabling the …

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TallyERP9 Tutorial Part-20: Purchase Order Processing

When the order is placed with the suppliers for the supply of goods, the items, quantities, date of receipt, and so on, details are given with the Purchase Order Number. Later, when these goods are received, the Purchase Order is tracked for the Order Details either in the receipt note or in the purchase Invoice. The Outstanding …

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TallyERP9 Tutorial Part-19: GST on Advance Received from Customer

1.  GST on Advance Received from Customer if Turnover is more than Rs. 1.5 Crores You need to pay GST for any advance received from Customer for supply of goods or services, if the supply is not fulfilled in the same period. Provided the Turnover of your business is over and above Rs. 1.5 Crores. When …

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TallyERP9 Tutorial Part-18:GST on Reverse Charge Mechanism (RCM)

Reverse Charge Mechanism (RCM) is the process of payment of GST by the receiver instead of the supplier. In this case, the liability of tax payment is transferred to the recipient/receiver instead of the supplier. But the limit is Rs.5000 per day. Therefore if a total purchase of less than Rs. 5,000 is made in one day from …

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TallyERP9 Tutorial Part-17: e-Way Bill using TallyERP9

Effective from 1st April 2018, all registered dealers need to generate e-Way Bill for the movement of goods if the total of taxable value and tax amount in the invoice exceeds Rs. 50,000. Tally.ERP 9 supports the latest e-Way Bill JSON Preparation Tool. In Tally.ERP 9, you can enter e-Way Bill details only when such transactions …

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TallyERP9 Tutorial Part-16: GSTR-9: GST Annual Computation Report

The GST Annual Computation GSTR-9 Report provides you with a brief view of business transactions recorded during the financial year.  The Tax Liability and Input Credit from all the vouchers included in the annual computation is displayed here along HSN/SAC details for outward and inward supplies. How does this Annual Computation Report help in Filing Annual Returns GSTR-9 ? …

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TallyERP9 Tutorial Part-15: GSTR-3B Report to file GST Return

GSTR -3B must be filed by everyone who has registered for GST. In Tally.ERP 9, you can view GSTR-3B in the report format with tax computation details. Also you can generate GSTR-3B, export the data in the JSON format, and upload it to the portal to file the returns. Gateway of Tally > Display > Statutory Reports > GST > GSTR-3B . Tally.ERP9 provides …

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TallyERP9 Tutorial Part-14: GSTR-2 Report to file GST Return

GSTR-2 report includes the details of all inward supplies (Purchase) made in the given period. The inward supply (Purchase) details include B2B invoices to registered and unregistered dealers, import of goods and services, adjustments to purchases in debit/credit notes, nil rated invoices, advances paid and adjusted, and tax credit reversed or re-claimed. Note: GST council …

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TallyERP9 Tutorial Part-13: GSTR-1 Report to file GST Return

Tally.ERP9 provides various GST Reports to File GST Returns very smoothly with 100% accuracy. GST Return is a document that will contain all the details of your sales, purchases, tax collected on sales (output tax), and tax paid on purchases (input tax). Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government). Here is …

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