Just recently I have t Bring one shot on prime9 as well, so today I have brought for you one shot on t rp9 and At the same time let me tell you one more thing that on your demand I I have also uploaded one shots of msp1, if you haven't seen the videos yet then you can You can watch this by going to our channel's Le Prime or Le RP9 or AS Office playlist You can watch all the videos. Before starting the 3 hour video I would like to tell you a Let me tell you that in this video we have covered almost 20 chapters and more than 40 Topics covered Now since it is a 3 hour video, it is obvious that If you get to learn something good from this then you should watch this video, otherwise you should close your why would you waste time so let me tell you one thing about wasting time because I too know very well how much value time has these days and We have very little time, in such a situation if we watch a video even for 1 minute And if we don't learn anything from that video then we feel very bad. that hey we wasted 1 minute of our time so let me tell you that if you watch the video If you have played it then do not skip it at all, rather watch it till the end After watching you will feel that yes I have learnt something from ERP 9 And in this, almost all the topics that you work on on a daily basis are yours. It will be covered well and your almost course will be completed in this so Hi everyone I am Kritika Pandey and without any delay let's start today's story. So we have come to the tutorial on our system and from here first of all we took rp9 We will download it and then we will install it. You will have to download Lee rp9 For this, you have to open any web browser that you use. After opening the web browser, you have to search here Leerap 9 download If you do not want to download Leap 9 then you can also just open the website of Leap Solution. You can after this as soon as you write this much then you will see first of all here You will find a site of Tally Solution and whenever you want to download Tally, you will have to Keep in mind that you should always download Lee from the website of Lee Solution even if you Downloading Prime and whether you are downloading ERP 9 then when you When you come, you have to click on this, if you click, you will find your list here What should we do with Prime, that we do not want to download Lee Prime, we have to download it You have to do Lee Wrap 9. For Lee Wrap 9, you have to come down a bit and click here. You have to come to You Want to Download Previous Version and after coming there you have to click on it You have to give it when you click on it then you will see that here in front of you there is a Previous versions will be available in which here you will also get to see Lee's Prime Tally Prime You will get versions and also of Lee ERP9, you have to keep on coming down a bit more and when You have to keep scrolling like this until you get the latest rp9 version. Now you You will see that here you will find the last version of Lee RP9 which was released That happened on July 13, 2020, which means it has been more than 4 years and Which was our 6.6.6 because now it is usually used everywhere prime is being used but we are bringing the video on lee rp9 because as I have told you because Li-Rp 9 is still being used in many places that's why I am making this video on Lee ERP 9 so this is our Lee Prime paper The video has already been made, after this you have to click on install it. When you click, you will see that your setup will start downloading from here and Downloading of setup may take 10-2 seconds depending on your net speed and may take 1-2 seconds. It may take two minutes, so as you can see the setup has been downloaded here Now we have to open our setup from here or if you want you can open the folder You can also open it by going to I will click on it and as soon as we click on it, it will go to setup Our app will start opening, now you will see it will ask do you want to allow this If you want to make changes to your device then you have to click yes from here. Now you will have to install it as well. Now let's do one thing, we will do it from here. We will minimize it, now we will come to our desktop, look here But what is the new installation lee rp9 series a release 6.6.2 64 bit bringing after that I am bringing you the installation folder, when it will be installed then that location is yours. There will be a folder of RC program Tali Li RP, your setup will be downloaded there Okay, so if you want to change it, you can change it other wise as well. You have to click on install, when you click on install you will see rp9 your installation has started it may take just 2 or 4 or 5 seconds You can install it, it has been installed as well, now we have to click on run on it You have to do this, as soon as you click, our Lee RP 9 will start opening here, we will click it We will do it on full screen and after this we will see that when it opens, like I did You have been told that Tally is always available in three ways, you can use it in three ways Look what is there here one by one, you can activate your license here Okay, if you want to get a license, you can activate the license. You can deactivate your rental license and your assisting You can also configure the license, second thing is to log in as remote tally.net user You can also log in with this as a remote tally.net user; the third one is Work In. Educational mode which is for learning purpose and is absolutely free For the two above mentioned, you need to have a license which is paid. Now we will study the educational mode, there is not much difference that you You also get a license in the educational mode, but this license is a little It keeps getting updated, some of its features keep getting updated which helps us in some ways in the educational mode We get the features at the basic level, now you just have to come to Work in Education mode and After coming here you have to enter and when you enter you will see your list RP 9 will open here, first let's understand its basics Look at Lee RP9, first of all we see the title bar on top, no matter which application Yes, there is a title bar on top in all of them, here you have the minimize, maximize and close button. So you can restore it down and you can also open it on a larger size After this you get some buttons here like Alt to print P which is not enabled right now, we cannot print, we can export it by mail You can upload it on Lee Shop. Okay, you can go here and make your purchase of Lee. You can find Tally Shop here which does your online work. After doing this, we will skip it from here for now. You can choose your language from here. You can change the keyboard. You can check your keyboard settings from here. What should be the control center? You will get support center and help here. After this you get Control PM here and Control PM means What to do is to quit, after this you will get the Gateway of Tally here and here You can also see your entire Gateway of Tally here. This entire screen is called Gateway of Tally. But what is the difference is that on this side, which is your Gateway of Tally, here The complete data of the companies that you have opened and selected is available here. It shows what is the name of that company, what is the current period, what is the current date On which date the last entry was made and on this side you will find all the options of Tally Like how do you create masters, how to use stocks, how to create reports Look, you will find all of that on this side, here is your button bar, where now Only two buttons are showing, configuration and features, because no company CreateDrawNavigator You see that there is a single underline beneath any of the alphabets we have written above. Some have a double underline underneath them, as you can see here, there's a single underline underneath this one. there is underline and below this there is double underline why is this happening with these two You will first have to understand what the difference will be in it, so let me tell you in the first place There is no need to remember shortcuts, all the shortcuts are always in front of you If we want to understand, we should know how to identify the shortcut keys, as you You will see there is a single underline below it, which means under whichever alphabet you see If you get a single underline, you have to press it along with Alt and you will reach the keyboard For example, if you want to open the keyboard and there is a single underline below it, then you have to click on single You have to press the same alphabet with underline which is being highlighted here. You will press Alt along with your keyboard, your keyboard will open automatically in this way So let me tell you more as you can see that under which there is a double underline, okay there is a double underline here so what does it mean so it means that this You have to press with control, when you press with control then your Control center will open. So double click on the single underline with the highlighted one. For the underline one you have to press with control and for the no underline one you have to press single Like if there is anything that has no underline, as you can see, select yes. S is highlighted in the company, it means you just have to press S and you will select Reach the company like this, now whenever you open tally then if any person appears in front of you If the company is not here then this company info will come, this is the company info, this is the shortcut a3 with lt but this because when a company If this happens, then no other option can come, so this menu will come in front of you that you can select any Open the company. Select company means open it. Here you can select your company from the remote user. You can log in, create a new company, restore a backup if If any other table is open here then this option will not be available to you, then to bring it you will have to You have to press the shortcut key which is alt plus f3. Now we will first see What should we do to start Tally? To work in Tally, first of all you have to You will have to create a new company until you can do any work in it because it has been postponed There is work related to any business, all the work of any business Recording transactions Now, here we will first mention the name of your business. You will create his company in which all the work will be done for creating the company. Here you will find the option of Create Company. While working on Tally, you will have to press the mouse You don't have to use it at all, you can go up and down with the arrow keys, you can do everything You get shortcut keys which you can press easily, so you can move the mouse anywhere There is no need to bring this, I am highlighting this to you so that we can highlight things so that you can come like this the second thing is one more thing let me tell you that you can do this of arrow Instead of , you will see that in every sentence that is written there is something or the other It is getting highlighted as you can see in login, after this there is this second option in it I am seeing L is highlighted in Create Company and C is highlighted in Backup B is highlighted R is highlighted in store which is highlighted You press that on your keyboard and you will reach there like going to create company Yes, you just press C and you will automatically reach Create Company. I pressed C. You have come to create company, now you have come to company creation, you will go up here first There is a directory entry, it says that all the details of the company you are creating Where do you get the data from? C users public tally tally RP9 data this is yours by default This is the location which was our location at the time of installation, if you want to change it then you can do so. can you keep the same sister wise can you also do triple c ms office advance excel If you want to do all courses like lee rp9 lee prime then you can do all these courses If you want, you can go to our channel Computer Tech Academy and learn all the courses There you will find Triple C MS Office Advance Excel Lee RP Tele Prime Computer You will find many playlists like Fundamental Library Office from where you can go You can explore all your courses, starting from the beginning of each course Till the end you will get all the videos from basic to advanced which is a You will find them in the sequence, so you can learn each video from there and complete your course You can complete all these courses absolutely free of cost, you have no responsibility in this There will be no charge and after learning all these courses, you can easily study anywhere Computer Operator, Data Entry Operator or Age Counted, You can work anywhere Now here we will give the name of our company, what is the name of our company, like I wrote here First okay we wrote here first company Private or you could have just written PVT or you could have just written the name here You can also give your name, you can even give your short name in the name when it comes to mailing As far as the name is concerned, you always have to give your full name in the mailing name which you give in the mailing name. If you give the name in the name, the same name always goes on your invoice etc. So you can give the name above You can also give a short name but you have to give your full name here like First Name Company Private Limited After this what you have to do is to enter the address Here you will enter your address, whatever will be your company's address, like I did Sector A 100 given here, okay, after that if we want, we can put our here You can also give it from the beginning, you can also give it by doing something like this, B 71, okay, put a comma Factor 100 after this you can give further here note right ahead you have to give more So you get a second line as well, so you can give your address in the second line Now you have to give country here, as soon as you come to country, you will see a light right in front of you Your complete list will appear on the side, here India is coming by default, if any And if it were there, you would just press I and it would come to India, then you could take any other one. Yes, okay, and here you can also select it by going up and down using your arrow keys. When it comes to state, Uttar Pradesh is our state so we have to press U double T You have to do it, you will see Uttarakhand Uttar Pradesh has come, you have to scroll down using the arrow key and select We have to do this, then we have to enter our code here, after this we have to enter it again and Here we have to give our phone number, so whatever phone number is of your company, you can give it to me You have to enter it here. Now you have to give your mobile number here. Whatever your mobile number is. It is fine if you have a number, these days phone numbers are rarely used, if you have one then give me your mobile Give your number as well. If you have a fax number, give that as well. And if you have an email ID, You can also give your mail ID here like I gave [email protected] I entered it and then the website www.com firm, whatever your company's website is, I am telling you this for example After that the financial year begins from here you will get your list of financial year You have to enter the date, which works according to your financial year that your A financial year runs from 1 April to 31 March, which year are you in now? You have to enter the current financial year here, so now we have to enter the current financial year from 1st April 31 March 2025 1 April 24 to 31 March 25 So now we are talking about the date of financial start from We will take the same which we are in now, that is 1st April 2024 books starting date we are same After this now comes the matter of Tally word password, you can enter the password from here in Tally You can put this in your company so that no one can open or delete your company. We will tell you this separately from outside without your permission, you can do it from here also Right now we will tell you this thing again, after this the base currency What is your symbol? It is Rupees, if you take India, your formal name will come automatically. INR will automatically come suffix symbol to amount add space between amount and symbol There should be a space between your amount and the rupee symbol, it will not show Amount in Millions You want to display the amount in Millions Number of Decimals How many places should there be in the word representing amount after decimal point After that which word does your money represent, the money will come in our decimal, okay? All these options come, you have to enter them and after this save this company. To do this either you can press enter or you will go through the whole process of entering and then at the last After you enter, you will get the option to accept and then when you enter, your company will be saved. or if you don't want to go this far, you can press A with control You can also save the company by doing this, shortcut key for saving anything in tally and Control P is there, if you press Control P then it will be saved from wherever you are If you keep pressing enter, enter will take you to the very end After that, it will ask you to save it, enter it in this manner, our company will be saved Once your company is saved, you will see that your company's name is highlighted here. Company First Company Date of last entry which we have just entered is current What is the period 1st April 24 to 31st March 25 and what is the current date Monday 1st April 2024 because by default the current date would have been 1st April as if the company was created You will see that the option of Gateway of Tally will appear in front of you from where you can do Masters you can create, you can do transactions here, whatever you want There are utilities, you can use them, you can check the reports on the display You can also check many of your reports by going there, this is how the tally looks When your company opens here, nothing will happen until the company opens. It will come okay now it comes to the point look here on the right side you will see the select company shut company date change current period change company info what we said that whatever The screen was coming up with company info, now if you want that, what do we need that for? When we have to open a new company or close or delete a company Or if we want to make some changes then we have to press alt ps f3 whose shortcut is It is company info then alt ps f3 you can also go other wise by clicking on it You can also press f3 with alt okay now we got to this so now I will tell you Let me tell you that actually going to this company info means that if you want to know anything about the company If you want to do anything related to this, you have to create a new company or you have to establish a company You have to open the company, you have to connect the company, you have to make changes in the company you want to do, delete or set a password, you get everything right here, so you You have to go to company info, if you know all the shortcuts then it is a very good thing Like the shortcut for select company is f1, for shirt company alt ps f1, see If there is no underline in the suspected company then just look at f1 and you can select the company You will go and come right away and if you press alt ps f1 then you will reach shirt company This is the way you use it, in this way you can use all your other shortcuts Like by pressing f3 you can reach change company, if you press o plus f3 then you can change company from here Reach the info page and from f4 you will get many vouchers in front of you in this way This works, now the question arises that we have to form another company If we want to delete the selected company then how do we do all these options then what do we need to do What we have to do is press f3 with alt and we will create another company of our own. By pressing alt and f3 we will go to company info and from here we can create company We will go to and from here we will create another company so that we can give you a shot If we can show you by doing it and or if we can show you by deleting one then we will show you the second company here We will write it, we will not enter anything else when you create a company for educational purpose If you do this then it is not necessary to enter all the details, you just have to enter the name of the company It happens and you have to check your financial year, your country etc. You can check it and save it. I saved it directly with Control A. Now you You will see that two companies are open here, okay two companies are open but right now the second company Ours is getting highlighted on top and the other two that open are visible below but Now whatever is being highlighted here, we call that company also our selected one. And whatever work you do now, all the work will be done in the company that has been selected here. Any voucher entry, anything you do, it will all be in that right now Now if you have to close a company then how will you do it, for this you can shut down You will use the shortcut of the company, the shortcut of the company is ltp f1 or if you have any If you are facing any problem then you can do all the work by coming back to this company info only From here you go to shirt company and enter the company you want to close This company will be shut down. Shutting down means that it will only be closed, it will not be deleted. If you want to make any changes in a company then how can you do any changes in the company To make changes you have to go to the alter, okay let's do one thing that We can open our second company again from before if any problem arises If you want to open a company then you have to go to select company in it In this you will not get the option of open anywhere, to open a company you have to You will have to go to select, the shortcut for select is A, if you press enter then your As many companies open means When ours opened, we understood that F1 is selected and the company is opened. and we understood that alt and ps f1 is used to shut down, ok now the question arises that if we You need to switch between companies You need to switch between companies because like I told you that the company which we will do now, is our second company. It will be in because this is selected right now, this is becoming bold, the light is getting highlighted Now if we decide that we don't want to work in this, we have to work in this first one. So we have to switch the companies among themselves, for this we have to switch from f3 to company you can switch between each other okay now let me tell you like if we come out from here If you go then now you can press F from here, you can see the company's name here You will find the option by the name of f3 or you can also press f3 from the keyboard. Here you will get the option to change your current company, you have to work in the first company You have to go to first and press enter, now your first one will be highlighted now Whatever work you do will happen in the first place, but to change these companies you will have to do it first. You will have to open the company only then you can change it now go back to all place f3 There are other things we can check from here, so now if we assume that someone If we have to make any changes in the company, like firstly we need to make some number or something inside the company If we did something wrong or our name was wrong, if we want to change it, we can change anything If you want to make any changes in the company, then in the company creation window You will have to get an alter. After getting the alter, where do you have to go? First you have to go to the company info. You have to go to ops f3 then you have to go to alter here you will go to whichever company You will have to change it, you will go to that company and from here you can do all the work in it You can change things as you like you have given your address here, okay you You had to give your mobile number, you entered your mobile number here, whatever it is, we I will enter I will enter here I will give you Uttar Pradesh okay whatever things you have now Whatever you want to change, you can change it here right now. You can then save it with Control A so all those things will be here in your company If it comes to deleting any company then I will tell you how to do it Let me tell you that you do not get any option named delete anywhere in Lee, if you click on any If you have to delete the company then you can go back to the company phone by pressing alt and f3 You have to come here and from here you have to go back to the alter and delete the company only after going to the alter. also you have to come to the company which you want to delete and from here you have to press D with Alt When you press D with Alt it will ask you to delete and you have to press yes And then you have to enter once your company will now be deleted has been deleted or No, to check this we will go to select company by pressing f1 As much as there You can create it, delete it, alter it or change the topic When it comes to Tele Vault Password, as we have seen till now that whenever we If we are creating a company, we want to be able to open it easily Because you know that Lee is a multi user company, in this many people start their company You can create a new tab and do your different work, but we want that it should be open whenever you want So, our company cannot open any business in that, that means our company No one can tamper with the data. What will happen in such a situation that no matter how much Creating a company does not matter to us, we will put a password on our company When someone from our company opens or deletes it, they will ask for a password, which they can enter. Our company will be opened soon, now what happens like this also or else at the time of creating the company Set the password or else you can also get the option of change pay vault from here From here you can set your password and you can also change it. When you go there, after going there you will find here, first you click on the name You can select your company, if multiple companies are open then you You will have to select from here, after this you can give a new password from here if If you have given a password and want to change it, then first you have to enter the old password here. You will have to enter your password and then you will give your new password because we have already set it If not, it is not asking for our old password, we have to enter the new password After that we entered it, then we repeated the new password which we had given. Then I repeated it and pressed enter and as I pressed enter, look you have now entered a You have to look carefully at what is being written here If you put a password in Lee then the password you put is that of the company which put the password Meaning that after entering the password that company gets saved again as I will show you if If we press f1 from here then you will see that our first company here was It is there whose number was 1 4 times 0 but when we entered the password in it, it Our company has been saved again, the password is set, what is the problem that this company's The number is 1001 in your tally, just like when a password is set in the company, then its The name is not visible. The name of the protected companies is not visible. They have a number. It is identified which company we have, so you must remember your company number What has happened specifically is that the company that we had is still ours When we entered our password it got saved again. Now what will happen if someone First company y will open then it will never ask for password when we press f1 we will do it and again you will open this company of yours then from here till Your company will not open until you enter the password. Okay now here what do you see what is coming can't perform action another company with same name is open what is it It seems that our company which has been saved again is also in the name of our first company It has been saved and this too has been saved in the name of the first company. Now you have to change the name of one of them. If we have to do it then why should we change the name, why should we set a password for it now This may mean that we cannot hide the password of the company which is associated with our password. We will keep it, if anyone does not put a password on it, we will delete it, that means it will not be I will delete it brother, if I had to keep a company without a password, I would have used it So what will we do now is we will press alt ps f3 and come to alter and from here We will delete our company or we will press D along with Alt for the first company If we enter, then this company will get deleted when we click on select company If we go there, we will find the company for which we have set the password, enter it You have to press one password or your company will open here now Whenever someone deletes this company of yours, it means that if you are logged out If you have logged out your company then whenever someone wants to delete it, they can do it by selecting Even when it opens, it will ask for the password in your company and even when someone wants to open it It will ask for the password, the process is complete till here, now let us do one thing The company creates its own here so that we can tell you some more options in it So as told to you we will come to create company from here we will create our second name Let's create our company again in seconds and we'll save it with control A. Now we have two companies back now we will tell you what is backup restore backup restore What happens many times is that let's say we created our own company in this, The first company is ours, we can switch to it by pressing f3, we will show you first Let us assume that we will switch our company here by pressing A3 then what do we have to do For example, let's assume that our main company is the first company or any two or four companies. On which you work, when you work then a lot of your data gets stored in it If suddenly you have to leave this system or you have to give this system to somebody or If you leave your job here or you stop working on this system or If your system breaks down, you will have to give your Tally data for repair How do you remove it? What will you do? Whatever companies you work in, You will take backup of the entire company in a pen drive or hard disk in which After taking backup, you can restore it on another system whenever you want If you can do it then all your data will reach that system, this is called Backup and restore For this you need to have an external hard disk of any size If there is a pen drive or any external memory, we will now take a backup of this In the Kritika E one, as you can see, our pen drive is inserted in it properly. Now what we have to do is there should be space in the pen drive so first of all what do we have to do All the companies which we need to take backup of should first check theirs at their respective places. To take backup of the company you have to press f3 with alt again You will get the option from there as well. You will see the option of backup and restore here. You will see that the first thing we do is take a backup whenever we need to extract data from a system. When this happens, we take a backup and we have to extract the data of both these companies from it. If we have to extract the data then we will use the backup and when we go to the backup then you will see Look, first of all this source will ask you where your data is stored, so you have stored your data here. The source itself comes after being sold so you do not have to give it, after that I am saying this Destination is where you want to take this data and in which you want to take backup Whatever pen drive or hard disk you have, you need to check its location here. The location of our pen drive is E drive. If yes, then we have to check this E. Pay attention and here our C is written, you should put e in place of this C. You have to give it and you have to do it carefully, just as it was written, I have written it here You have to put a colon and this slash and give the destination location where you want to take the If you want to go then he is telling you which companies' backup you want to take. If you want to buy from all the companies, you can buy all the items, if you want to buy one item, you can buy one by one You can do this, as I said, we should first verify that our password is protected. Select the one you want to take. Now if you want another one, select another one. Otherwise, if you list the end of the list, we will select the other one as well, then we will list the end of the list. We will list it, enter it and now this backup will only happen on those that have a password You will have to enter the password for this. When you enter the password, the company's backup will be done. It has been done successfully, now how will we know whether the backup has been done or not What we will do for this is that we will delete both those companies from our system. After deleting it, we will restore it from the same pen drive and see that Can the data be restored or not, if not then you know how to delete the company You have to come to Alter and from here you have to press D along with Alt to select both the companies You have to delete this also, you will press D along with Alt, you will press Enter. We will do this, both our companies have been deleted, now you have to select the company here. Nothing is going to be found, no companies on the disk, now we will try to restore For, as you know that we have our pen drive in which we have stored that data is stored okay so we'll come back and you can also see So the data of both our companies is here one is 14 ta 0 and one is 4th time 0 and One is okay we will restore it there come back to Lee for restore and It is not necessary that you restore it on this system only, you can go to any other system and restore it You will restore it in the same way, open tally, press op place f3, go to company info You will come in and here you will go to restore, when you go to restore you will see First of all you have to choose the destination where you want to save your company's data If you want this system then we can take our C drive where we want to save it. He is asking from where is the source you are bringing the data so you are bringing it from e drive Which got selected automatically, now it is telling which companies to restore you If you want to do it, then I said brother, you want to do both, so I took one and then took the other one too At the end of the list, press enter. You will have to enter the password again and press enter. Now you can go to select company and see that both the companies will be there You will get them back here, you can open them by entering the password like this If you want to open another company, you can open that company also from here. In this way, you can use your company's backup and restore which is available here You can, next comes the question of ledgers, then how are ledgers created and how are they deleted How are they shut and how does it get altered, I mean a lot of things It happens specially that we do not shut down this laser, we connect it, we delete it We show them how we will do all these things, so there are ledgers and accounts. We create ledgers for those with whom we transact. We create ledger accounts in tally. It is said that just like when we go to the bank, our money is deposited in the bank and our money is deposited in the bank. Before the transaction starts, the bank would create an account with us. So the accounts which are created are created in the same way in which we create accounts in our tally as well. Now before doing any transaction with anyone, what we have to do here is like for For example, we will tell you, as I have told you, which ones We can have any type of account, be it our expense, salary, rent etc. If there is any expense, its ledger will be made as well. If there is any income, we have discount or commission. Or if there is any income, our ledger will be created for that too if we transact with any person. Like Ravi Ram Shyam whoever is our customer or our seller, it is fine So we will create lasers for them as well, so there are many such things There is profit or loss, a ledger will be created for all these and that particular account will be credited to it. All the transactions related to the ledger will be done under one group. I will tell you Let me tell you that every ledger has an under group, there are two pre-defined ones in tally There are ledgers and if we talk about groups then 28 groups are pre-defined, now you You must be thinking that laser is fine and what is group then I will tell you first Let me tell you which under group should be selected in which ledger and under group I have already made a separate video for you on Tally ERP 9 which is our There is a playlist, you can go to it and read it, we have explained it very well in it It so happened that which ledger has which under group, for now let me tell you here Actually every laser has its own category, we call that category We call it group, for example, we will first show you the group and laser, then We will go back and come back. Now let me tell you how to create, view or delete a ledger. For this you have to go to Masters and go to Accounts Info Accounts Info In here you will get B Ledger, Group and Voucher Type, we were just talking about it What were you talking about earlier, we will talk about laser, we will come to laser now, we will not create it Now we will first see which laser is pre-defined in any company To see it you have to go to the display, if you go to the display then you will see two here Ledger is pre defined which is one cash and one profit & loss, this tally gives us our You can get a readymade ledger. To create a new ledger, go to Create and then go to Alt. We make changes or delete them. From here we have single layer, that means one by one. We can create lasers one by one, in multiple we can create many lasers simultaneously If it is a group then if you go to the display and see the group then you will see here 28 You will find the groups pre-defined here, you can see them here So like this the group is like this, I will show you what group means so look here it is written bank accounts now what is this group that whenever you go to the ledger When you create it, you must select a group from there as to which laser it will be used for. It belongs to the group, suppose you have created the ledger of any bank adac icici bank of baroda bank of india so its group always bank account however many assets you have their group will always be current assets or else if that If there are fixed assets then the fixed assets will be your liabilities and the current assets will be your liabilities Their under group will be current liabilities which are your regular expenses Indirect expenses will be under the group which are your irregular expenses The group will be direct expenses which are your irregular income and they will be under group Direct income will be the under group of your regular income Indirect Income and Direct Income Direct Expenses and Indirect Expenses And I have explained all these groups and lasers in that video, so you must read that Read it so that your basic concept becomes clear, okay then we will come out Now we will first create and see the ledger from here so after going to accounts info you We will go to Ledger, from here we will go to Create, first we will go to single ledger, that means one by one You will create a laser, the screen will look something like this, I assume you hdfcfund.com account opened When you have opened an account in HDFC You will also have to open an account in your tally here so that you can take advantage of whatever you have paid for. You can make voucher entries for the transactions in the same. So here we have the account When we create a ledger, we call it creating a ledger. In the name, you have to enter the name of the bank. have to keep it down you will come Eliaz means nickname what is his nickname ok we all these We will not work in this, we will work in our first company because that is ours. Main company is the primary company, so first we will press f3 and then we will open our company Let's switch and do all our work in the first company if we have to go to the company If we want to close it then let's do one thing, we will close our second company Simply because we have no business with it, a company is open and created on laser. It is written here that if you want to give any nickname in ADAC Alias then you can do so under this We were telling you that you will have to select a group in that group You have to select here, if you want to select the group under it then And let me tell you this is not mandatory when you create a laser For learning purposes, you must always provide two things there, apart from this Everything is optional, two things are one, take the name of the ledger and the other one under it It is mandatory for you to provide two things, group, rest you can provide account solder name So you can give it. If you want to give your account number here, you can give it. Enter You will do it and after that if you have IFS code then you can give your IFS code here. it is something like this, okay you will enter it, then you will have to enter the branch here if you give If you want, you can give it. If our license mode was there, then here the complete form would be in the bank name. If the list had come, we could have selected all our banks, if you had given the details here If you want, you can also give your branch in this way like we have given anything here I put the eligibility like this, entered the state checkbook, all these details, I have not entered anything yet. If you want to give address etc. then you can do so. You can also save it by pressing enter. Or you can also just press Control Ps A and save it. Now we'll go back and exit. To skip from any place you press skip and to go forward you press enter all we have to do is we come out of the skip now after this if we click escape one more time If you do this then it will take you out of Tally if you press Enter here now. If you press it or you click on yes or you press Y then these You will be taken out of all three. In tally, yes means you can press Y, no means Meaning you can press N then that will not work now we have to see our laser So you know to view the ledger you have to go to Counts Info and then to Ledger To see it you have to go to the display then you will see your hdfcergo.com There are no changes or deletions from here, it is only visible, okay, you can do the same You can create more lasers here, for example, suppose I tell you to create another one I will show you, I will go to single ledger on ledger as if we are paying salary to someone So we wrote our name here as our salary account so whatever salary we earned We will do everything in this so that we can have a separate account under this We will keep indirect expenses because salary is an expense for us and salary is a There are regular expenses, there are regular expenses which have to be paid every month Therefore, those which are regular, we call them indirect expenses and what are they We will not do anything, we will save it with control A, then this laser also becomes Ba, escape key will come out from now we will look at this as well if it comes to any laser if you If you want to delete it or make changes in it, then you have to go to Accounts Info in Ledger You have to go and you have to go to the alter, after going to the alter you can change any ledger and then you can delete it let me tell you one more thing if you have used laser If you have made a wrong undergroup then you can get into a big problem It is very important to keep the under group correct, otherwise whatever you enter will be lost Everything will turn upside down, everything will go haywire, you will not be able to understand anything Whichever ledger you want to delete, let's say you want to delete ADAC, go to it and click Alt By pressing D, it will be deleted; if you want to change it, you can click on HDAC next to it. If you wanted to set up a bank in future, you could have set up a bank like this here You could have saved it with Control A and its name would have become ADAC Bank. Delete it. has entered and from here you have to press d with alt and enter your laser It will be deleted from here now you can go to the display and see it so let me tell you You will not find the delete option anywhere in Tally. If you want to delete a company, go to Company Info. Go to alter and delete and if you want to delete the ledger or group If you want to delete then come to accounts info and go to that specific account and click on its alter You can go and delete it. If you want to delete a group, go to the group alter. Okay, so this is our creation of a single laser, now comes the question of multiple. If you want to create multiple ledgers simultaneously, you already know about them Suppose I tell you in advance that you bought goods from four people and gave it to all four people If you have to make lasers of 1000 pcs together then why would you make them one by one in single then You can create them by going to Multiples Go to Multiple Ledgers Go to Create here But first of all he will ask what is the under group, if we assume that you have all the four expenses If you are creating a ledger whose under group all have indirect expenses then you can do it from here Take your indirect expenses under group in advance or you can check your bank account If you are making it, you can use the bank account from above and if it is so that you have four ledgers The way it is is that some of it is of bank, some of it is of expense, there is no income or something else So you do not choose any one thing here, you can buy all the items from here, by buying all the items you will get every You can change their under again and again, for example, suppose I have to pay rent, then the name of the rent I gave it here I took its indirect expense okay after that entered, in the second we want to make a discount, we have to pay a discount to someone So here we have given it under the name discount and here we have given it Direct expense because discount is not regular and has to be given sometimes Therefore its under group is direct expense, after that let's assume that we have to pay somewhere He is getting interest from the bank, so now we have calculated the interest here. They created their own bank by putting interest on the bank and we created our own clause under it The group will keep indirect income because it is income for us and secondly it is fixed Yes, it is fixed, when you get the interest then you get it regularly, I accept it now You have purchased goods from someone, okay so sorry, you have purchased goods from AB Electronic You bought the goods, okay, what is that for you, he is the seller for you, you bought it from them If you bought any goods then you made an edger for them, now if you bought goods from them Those would be credit cards as I have explained to you, from which you buy goods Their under group is always the creditor, so the people to whom you sell the goods This Ram is your customer, if you are selling goods to him then his under group is always Women are daters, keep this thing in mind, the people from whom you buy things from, their under Group creditor and the debtor of the person to whom you sell, if you already have an account So you can also give their opening balance here, okay, entered it, entered it And if you do not want to make it then press enter and save it. You will be back in the display to see it. If you go and see, you will find all your ledgers here now You can create a Drawer Navigator and display multiple You can and you can also delete them, it comes to voucher entries which is the most The biggest and most important topic is whether you know how to do voucher entry or not Because unless you know how to record transactions then there will be no use in Tally There is no benefit because in tally everything means all about record transactions unless You may not know how to record transactions properly, debit not credit If you know then there is no use of it, so that is why I have just told you this I had told you what is debit and what is credit, so look if I If I talk to you about voucher entries, then the main thing is that I used six vouchers excessively. we go make a purchase we buy something there are some bags to record it A payment to record that you are making any payment, get a receipt from somewhere Money is also coming in, for that you have all the contra banks related to record transactions and a general one which is fixed asset or For any adjustment or to adjust any liability, many such These are all the things where your general voucher is used, apart from this there are two more Like whether you need to enter credit note, debit note, purchase return or sales return Now we will first understand how to make voucher entries in it Look, if we talk about voucher entry, then the voucher entry that we will make right now We will do it in accounting mode, first of all we will learn it in three ways, one is Accounting mode then comes the inventory mode and then comes your taxation as it is now You can see accounts info above and then inventory info but right now what we are working on is what are they doing in accounts info right now we are doing inventory I am not working because inventory means stock management The right thing to do is that you buy 5 pieces of goods or 10 pieces of this company or this one You got such a discount on it, all that is your inventory which is usually available on every Space is used, okay, purchase and sale entries are always made in the inventory That is what is used everywhere because we always do purchase and sale in inventory only, brother. Now nowadays no one is doing this that we bought their goods and gave them credit it was done, it came to us, we debited it, this does not happen only but how much piece Which brand did you buy and where did you keep it? How much percentage commission did you get? There are many things that got discount but we will read about them only when we first The concept of credit debit will be clear To clear the concept of credit debit For this, accounting vouchers are read first. In accounting vouchers you always get credit and we get the debit okay let me show you like if we come to the accounting voucher Here we go to Purchase Voucher, right now this is the inventory mode but we have to press Control V If you press it, you will see that this is our accounting mode where we get credit You have to make an entry in debit and the second one is your inventory voucher where But we maintain our inventory to know how much of which item we purchased What is the quantity, what is the rate, what is the total amount made, if such an entry is made then first We will read the accounting vouchers in which our credit and debit are clearly cleared It will be done after that we will read inventory further so right now we will focus on accounts info only doing his entire command and doing accounting on voucher, after that Inventory is read, day taxation is read, okay now we will go to our On the accounting voucher and the first voucher is the purchase voucher or any If you buy something then how will you record it, for example suppose an entry comes in front of you It goes something like this that we bought goods worth Rs. 10,000 from ABC Electronics We bought goods worth 10000 from ABC Electronics. Now ABC wants to buy From electronics or it may happen that we bought goods worth 10000 from V Market What is this, we are not talking about it right now, how many kilos did you buy, how many pieces did you buy, that too We are not talking about it because we will discuss it in the inventory voucher, here only There is so much talk about who bought and who sold or who made the payment and who or from whom did he take the money and who took it, meaning who gave it and who took it in this way The entry made is always recorded in the account voucher where There is no question of inventory here, you can look for purchase voucher here All shortcuts are given, every voucher has a shortcut like f4 payment for contra for f5 f6 receipt f7 general f8 sales which is currently running so your deactivate then a then your a sorry control p f8 your credit note that you sell If it comes back then the credit note is your f9 purchase, if you buy something then After Control P f9 Debit Note, have you purchased something and you want to return it? First of all we will do purchase, for purchase you are told to press f9 and whenever you If you press f9 then by default this inventory voucher will open in purchase and sale voucher It will happen that by default this opens, okay, but we don't have to read it right now. We have to read our accounting voucher with credit and debit. We have to read it now. The special thing is that to switch to accounting voucher from here you have to click on control with v pressing control v when you press it you'll come to this here You can see that the purchase is coming as written, you have to enter the supplier's invoice number and date I have to enter which has been credited and which has been debited, but here it is not credit or debit Now 2 is coming here, so to bring credit debit here we have to use Atal If you press it, for example, if you press f1 then you will see an option here on the second number You will get use credit debit instead of two during entry, you have to click yes for this And you have to save it with Control A. Now you will see that credit and debit will appear here. For example, our entry is that we purchased goods worth Rs. 10,000 from V Mar on 1 September. If you bought it, they would have given you a bill on their invoice, invoice number if that is there You enter the date, did we tell you 1st September, it is 1st September but if you enter the date now then this It will not be entered because our current date is 1 April 2024 which We will show you from outside what the current date is, 1 April 2024, then either You can change the date from here or change the date at the time of entry and only then you can enter. You can use the shortcut key to change the date which is f2 which you can see here in the button bar You can change the date from f2, the current date will change from here also and if you If you are in the voucher and you are here, then here also you can change the date by pressing f2 we will do it here 1st September when we do it there 1st September you will see when we do it here But when 1 September comes then the date will automatically become 1 September here, who will get the goods from Bought v We bought goods from March for how much ₹ 1000000 On 1 September we now have to buy v First of all you have to create a ledger as I told you, through which you will do the transactions There will be a ledger of everything we will transact because now whatever we can do in future by plane Then we will record all the transactions in this ledger which we are going to create now. An account is created only once and all the subsequent transactions are processed with the same account. This happens in a ledger so that whenever I have to see a report, I can see that same ledger If it opens the V mark then all the transactions that happen with it will be visible to me, okay? In the same way as in earlier times, we used to write accounts in diaries, right? There used to be an account book and what used to happen on it was that the name of a candidate was written at one place After that all the transactions related to the customer are written down in the same, so his As soon as we opened the page, we would get all the transactions, now to create the ledger That is why we told you from outside that you can create the ledger by going to Accounts Info. okay but now at the time of entry won't we go there and create a laser when you If you are making an entry then you can directly create a ledger from here also because again and again Going out and making each laser will be a lot of work for you. From there you can create the laser. Create it when you already know that we have to create this ledger and if you want to make entries You have come suddenly, if you want to make a laser then you will always make it from here, how will you make it from here You have to come to your space with this laser on the field, after this you have to click on Alt from here. You have to press C with in Tally if you want to get anything directly from any place This needs to be created, whether it is not just about the ledger or it is about the stock later on Be it a group, be it any thing, stock item, stock group, category, anything You have to go to that field where here you mean where you have to give that laser yes After going there you have to press C along with Alt and you will immediately enter Laser Creation You will go to Mark and we will make a laser and name it Mark, I told you which When you buy goods, it is under group C creditor, just save it from control A If you want to give two addresses etc. then you can give them, it's no big deal, just save it. After that, if you want to enter the supplier's details here, do it here as well. You can give the details of this, I gave sector 10, I gave it like this, it just became zero Never mind, what is his state, it is optional, it is not necessary, you can give it like this You can give it, you can also not give it, entered the price of the item 0000 now you will see it as soon as you Here on the credit side you placed the plane why did we place the plane on the credit side because We bought goods worth Rs. 10,000 by plane, from whom did the goods go? If it went from the insurance company What did I tell you that the giver is always the creditor, he always has to pay the due amount We keep a credit side, the one who supplies the goods, the one from whom the goods go, what is that There is a giver and the giver is always called the creditor, that is why in the under group We choose the creditor which is always placed on the credit side at the time of entry As you give it, look, these 00 are visible on the credit side, enter from here. You don't have to do anything right now, I will teach you the topic later Now coming to the debit side, what happened was that we bought goods worth ₹1000000 from the plane There is no name for the goods, so the goods are called goods, so look for goods purchase, goods It is of two types, one is the goods we sell are the same but the purchase We keep the goods for sale separately and the goods for purchase separately so that if we ever need any We would like to see the report so that someone asks our boss that till now we have done the total How much goods were purchased? If we keep the seller and the buyer in the same ledger, then Then you will have a little doubt that you prepare a separate ledger for goods purchase We maintain a separate ledger of goods sales so that every seller can report to us as good sales We can see the purchase in one go. Now we can see the goods in one go during purchase. We do not have a ledger of purchases. No, look, we are pressing G. We do not have a ledger. No, now we will press C back with Alt and create our laser from here It is fine in the name of goods purchase. Whatever goods we buy in future, we will always call them goods. The under group of purchases is always the purchase account and the under group of goods purchases is always the purchase account and the under group of goods purchases is always the purchase account. Sales always has a sales account, after this you have to save it and press enter There is nothing to do in this and you will see that Rs. 00 has been debited from your goods side. Wherever it comes, it is debit, wherever it goes, it is credit, just enter it You have to enter the narration, this means if you want to pass a note etc. So you can pass and you have to enter it again and then after entering you have to complete the entry. If you want to save it, then this is our entry, in this way you can do debit credit Pass your entry, this was about purchase, similarly you will pass the entry for sale Like now we have an entry Sold Goods to Om Sold Goods to Om We have sent the entry to Om Sold goods for Rs 20,000 We sold goods worth Rs 00 to Om, the entry is very simple Goods worth Rs 20,000 were sold to Om. It is ok. The name of the goods is there. Otherwise, it means that This is the case, if the entry in accounting voucher is not there, then the name of the goods is not there and the quantity is not there If the rate is not there and all this is not there then you get the accounting voucher entry for it This is the identity, now the talks of selling are going on, when it comes to selling then press f8 By doing this we come to the sales voucher and in the sales voucher also we enter this inventory voucher For not pressing enter we will press control v from here also, then our Accounting mode will come, give me your reference number, what is your reference number, it is one, give me one If you have the date, you can give the date, if you sold it on 1st September, let's say you sold it on 2nd If the goods were sold to Om on September then press f2 and date it from here 2 September okay now let me tell you one more thing this is educational our so in educational You cannot give time for all date voucher entries, you can enter only three dates of any month You can enter three dates, one, two and 31 of any month. First, Second and 31, but if that month has 31 days, then you can give its 31st date If there are no 31 days in that month like there is no 31 in September then you can You will be able to give only two dates of the month, one and two, the rest even if you wish to give on 15th Even if you have purchased the goods or sold them on the 25th, you can make that date voucher entry You will not be able to give time to do it, see if we give it here on 3rd September Enter it, you will see that it will not proceed further, it only takes your three dates, one or two more 31 so since there is no 31 in September, we can again adopt 2 September from here onwards If this is a problem of educational mode, then you will get some similar features in education mode you don't get it because this is for learning, you should know how to give date, you can do date from here You will learn to give, the rest when you work on the license then you will know how If you want to give the date, that is why we call it the educational version, pay attention that we have entered it Goods worth Rs 20,000 were sold to Om. Now from whom did the goods go and to whom did the goods go? Who got credited, who got debited, we sold the goods, if the goods went away from us then we What will be the credit to whom the goods went if it went to Om then what will be the debit and On the debit side, we have to create a ledger of OM so we will press C with Alt here. We will create Om's ledger and Om's undergroup will be female debitor because that is on the debit side because he is a receiver the receiver is always debited his under group is always Debit: We keep a note debtor, if you have to give buyer's details etc. then give it otherwise After entering, come forward, the debit side will be Om, here you have to enter the amount, you will enter 00 Now pay attention to what has come from us on the credit side Sold goods to Om We sold goods worth Rs 20,000 to Om. The name of the goods is not there. So I just told you that when you buy, you will create a ledger of goods purchase And when you sell, you will create a ledger of goods sales and then press Alt place T From here we will create our ledger in the name of Goods Sales whose under group is here You will enter the sales accounts which I have told you earlier and then save it. You have to enter it and just save the entry. In this way you can get the cess entry pass. We will give the narration if you want, give it or else you can save it like this, so it is done, we are here now But in the same way you can enter sales, now you will also enter payment and receipt You can do it in the same way if you have to enter the payment or make a receipt. So let's try that as well, so for this we will go to accounting vouchers and payment For this you always have to press f5, by default only the payment voucher opens For receipt, we have to press A-Suck as if we have to make payment to someone So let me tell you one thing that if you enter the payment then the first thing is this It is that we do not have any cash, we have not yet taken any cash in our business If someone asks you that brother how much cash do you have and you have invested in your business now till now where did we invest, we had opened the business but after opening the business we We have not invested any money in our business and till the time we invest money If we have not done the payment till then how should we do it, as if So we came to accounting voucher and pressed f5 and from here we went to payment and Let's assume here that we have taken the cash, okay now here for example, from whom we We must have purchased it, we took a ledger, we made our payment of ₹1000000 here If you want to enter again, you will see that your current balance Look, there is cash here, it is of red colour, it means that it is telling you It is saying that brother you don't have cash, you are going in negative, okay make the payment You can enter right now but if we talk about it, if you are an actual If you work without money or cash, how will you make payment to anyone now? If this will also come to your mind then let's do one thing, first take the money with the receipt If we take it then we will get the money and we will make the payment from that but if we ever accept that such a thing If someone comes and tells you that brother, we invested our ₹ lakhs in the business, when the business We started with that ₹ 1 lakh, show it in the tally, that we have saved ₹ 1 lakh as our cash If you have invested in business then remember one thing whenever you have to make an entry for business opening It may seem that we started the business with ₹ 1 lakh or 10 lakh Did you start a business or after starting a business, did you ever invest Rs 50,000 in it? Or you have invested Rs. lakhs back in the business using your own capital. If you bring the capital then how will you enter it because the business starts anytime It does not start from zero, you make some money from your capital you invest that in business and you open your business with that, so that opening too is you have to show it here okay now let's say when you started your business then you I had kept 5 lakh cash in it and had invested it in my business from my capital. We did not even enter, in such a situation if you ever use your capital for your If you are bringing cash in business then you have to go to Accounting Voucher and here you have to click on it. you have to press f6 and enter it, when you are pressing execute then you can do this You see, the first thing here is that there is no option of credit or debit card This is happening here, our entry is happening in single entry mode, if you want double You have to enter in entry mode, you can do it in single also, you can do it in the receipt You will select one ledger in your account here and one will be selected automatically here ok but the problem is that if you want to do it in double entry mode then you have to press f1 You have to do it and look here, there is an option on the second number, use this single entry mode for Payment Receipt Contra Voucher If this is yes then Payment Receipt Contra is in all three There will be an entry in single entry mode, okay you can mark it as no and save it. So this will happen in your double entry, first look at the credit, the thing is that you You are investing money in your business, bring cash, where will you get Rs. 50,000 from for your business Our capital has become slow because whenever you start your own business then You will invest the money from your own capital only, no matter where you invest it, the money is yours If there is capital, then a ledger is created on the credit side in which name Pressed Alt+C in the name of Capital and we will enter our ledger of Capital account there We will create a group under which the capital account always remains and we will save it. You can withdraw as much cash as you want from the capital, whatever amount of money you have invested in your business You can withdraw any amount from the capital invested, not just Rs. 50,000 but Rs. 50 lakhs and 50 crores at any time This balance of capital will never show as zero, why will it not show as Lee does not know how much capital you have and from where you can invest the money. If you are in business, you can enter here whatever amount you have withdrawn from the capital. Let us debit the credit that is coming now, we will enter it here and here We will give you our cash because if we bring cash then we wish we could debit our account here from 0000 We will give you this, just like its entry is done, whenever you invested the money, enter that date here. Let's assume that the money you invested was invested on 1st June and then invested on 1st July so by pressing f1 you can enter your June here sorry by pressing f2 you can enter your date here Give it, after this you will save this entry, now you have 0000 cash in your business, you Easily you can make payment to someone etc. We can go to the accounting voucher and press f5 from here. did it and went to make payment From whom did we purchase the goods We purchased it from v so we paid v We will take the debit side because we are giving them money and if they are the receivers then that will be the debit side okay when we make payment then we get credit next is debit and When we make a receipt then next is credit and we debit now here The balance of the amount for which we purchased the goods from them will be visible to you here and further What is showing as credit? This means that we owe them ₹1000000. If here But debit is written on it, which means we have a loan on them, you can borrow that amount of ₹ 1000000 or however much you want You are making payment, you have to take it, you have to enter it here and proceed further. Do not do anything like this here right now, we will move ahead like this and enter it. On the credit side, we will take our take here. What will we take here? To whom will we make the payment? If you are paying by cash then we will take cash if you were paying by bank So here you will choose your bank ledger, if there is no bank ledger then P Plus You can make it with C but you will have to deposit money in the bank first only then you can make an entry You will make payment only if you do it from the bank, so for now we will settle the matter in cash A receipt comes. If you are taking money from someone, you will make an entry in the receipt. You can change your date to 2nd September, whatever you want to do, you can make it a good date We will press f6, from here you will get a receipt, from whom do we have to take the money, from Om na Because Om is a customer, now if we want to take money from him, then look at 00 on our debit side If it is visible then we will take 00 from them, we will show our cash on the debit side, now the cash Check your balance as well as everyone's current balance is visible that now on Om Pay Our row is left means it is equal and now we have cash 60000 because 50000 I had withdrawn Rs. 0000 from it, I made the payment, 40 is left, after 40, 20000 is coming, so Ours will again become 60000, we will save this entry like this, in this way you can save your You can also make purchase sale payment receipt entry now the matter comes forward first of all Let us understand what a contra voucher is. Now, let us look at the entry of contra voucher. basically when you do that when you do your own thing, there are three types of things in it Entries are made in three ways: cash to bank, bank to cash and bank to bank Entry is always made in contra voucher but it depends whether the cash is also yours and the bank is also yours, meaning you deposit the money in your own bank, okay you can deposit it in your own bank Deposit cash in your own bank account, that entry is called cash deposit Now cash withdrawal is done in contra voucher from your own bank Bank to cash that entry is made in contra and you can transfer money from one bank account to another Transfer funds to bank account which is called bank to bank, we call it that Its entry is made in contra voucher, so basically there are three types of entries in contra voucher I have cash to bank, bank to cash and bank to bank but both cash and bank It should be yours, let's press f4, for example, you have such a Entry has come Open a bank account in SBI with 00 Open a bank account in SBI with 00 on first of October what happened on 1st October that we opened bank account with 0000 in sbi see i told you What does it mean to open a bank account in tally or just create a ledger Take it but we also deposited 0000 in it, we opened the account with 00 so We will make its entry in contra because it is your own cash, it is your own bank, so if you How to deposit money or get your account opened or withdraw your money Withdraw or transfer funds, all these entries are made in contra credit Side you have to take your cash okay date here you take your 1st October because I have talked about 1st October, how many Hajjs were entered with ₹1000000 debit What side will come, in which we have this 00 going to SBI bank and SBI bank If the account is being opened then press Alt+C and from here as soon as the ledger If you create it, you will see that the account is opened. Only after creating the ledger will the under group bank account be there. Account holder name, account number. If you want to provide all these things then you can do so here You can give it, you will enter the IFS code, you can give the bank name, branch etc. here You can give me things, save them, after that we will debit 00 and cash it If yes, then you can cash it. If you gave any cheque etc., anything like that. So you can take that, otherwise take cash, okay, how many thousand rupees notes did I give you, if you got this If you remember your notes then you can give your notes here also, you can give nation but If you give the note then you will give the correct note, meaning you have to complete the entire calculation of 10000 If you don't pay, it is optional but if you have paid, you will have to pay the full amount Like if you give 10 rupees for 500 then how much will it be, this will be 5000. Now when you enter from here and If you go ahead, you will see that it will not take you forward, what will it show, the total amount cannot be Less than the allocated amount, you will have to give your correct calculation here You will have to pay if you are paying here then you have to pay 20 here now see you move ahead You can give the bank name if you want to, but the list of banks will not appear here. Because this is our educational institution, you can go to the specified bank name and click here You can specify the name of your bank and save the entry. This is what happened. What is contra voucher, whether it is cash to bank deposit or this method If you want to make an entry for account opening, this will be the contra, second comes the bank to cash value Next day on 2nd October you withdrew Rs. from the same bank as cash withdrawal It will be in variable because it is your own bank and your own cash, so basically it is here That if you are transferring money to someone else's bank account, then that is in contra If not, it will go into payment and if you take it from someone else in your bank account If you are taking cash or money then that will also not happen, it will go in the receipt but If you have your own bank and your own cash, then there will be a contrast there, now if you are in SBI If you are withdrawing ₹ on the second day i.e. on 2nd October then you can withdraw money from the credit side of SBI Keep ₹ in debit side and you can withdraw by cheque or do e-fund transfer what are you doing give it here the check number then you You can enter it here and on the debit side we have We deposited our cash here and brought this entry here and saved it. Third thing Let's assume that on 2nd October you transferred 000 from the same bank account to your Did you transfer 000 from SBI to ICICI? ICICI on second of October okay how will we do this entry so look credit The side will be SBI because we are transferring money from it. You are doing 000 but now the question arises, are you doing it through e fund transfer, to whom are you doing it through cheque If you are doing this then you can also take e-fund transfer here, whatever you are doing through You enter the ad details here but what will come on the debit side now iii bank will come III Bank Ledger with us CreateDrawNavigator Voucher is what we call purchase return and sales return, suppose you purchased some goods I have made my purchase, from whom did I purchase it, for how much, 10000 and out of that You did not like your item, it was defective, you do not like the item worth Rs. 000 What came was defective or suppose you did not like the whole product and it was defective If it was there or there was a size issue then you return it, sometimes we call it purchase return The entry of purchase return is made in the debit note, which means the name of the voucher is debit note and when You sell something, let's say you sold goods worth Rs. 20,000 to Om. If he doesn't like some of the items or doesn't like them completely, he is returning it There can be many reasons for this, it could be a side issue, it could be defective or it could be fine If there are too many of them or you may have quality issues then he will return the goods to you In such a case, its entry is made in the credit note but now when you are going to the voucher So you can see here that the credit note and debit note vouchers are our enablers. It's not happening right now, our show isn't coming up here if we press control with f8 Even if we press, our voucher is not coming here, what is the problem in tally In ERP 9 you have to enable debit note and credit note Lee Prime I don't need to do this but in Lee RP9 you need to enable it, for this you need to use f1 You have to press and you have to go to accounting features, when you If you go there you will see on the invoicing side you will find a third option here, use it Debit and credit notes are ok, you have to click yes and record credit notes in Invoice mode, you have to set it to yes. Record debit note in invoice mode, you have to set it to yes as well. After clicking yes on all the three options, you should save it. Now when you save it, If you come to the accounting section, you will see that here we have a show of credit note, debit note Now let's assume what happened is that you returned the goods on October 1st. who are you returning the plane to 000 because you got that effective stuff So what you have to do is press f9 here with control, pay attention The shortcut for purchase is f9 and the control for purchase return is f9 It is clear that Pach return means debit note, what was the original invoice number, if you remember So give it to me, if you don't have it then it's okay, you can take the date here of 1st October, it's fine. Debit side To whom are you returning the goods If you are returning the goods to the aircraft then to the aircraft I took it here because if I am returning the goods to him then it will reach him, he is the receiver What if you put it against what you bought? It will happen that yours and it will be adjusted in it, okay after this the credit side will be ours What will come to us from the things that we bought but the meaning of the things that we bought Goods purchase will not be credited to us, now a separate ledger is created for this Whenever you return any item, we record it in the Purchase Return Ledger I keep a record of myself so that whenever I want to see how much stuff I have sold in total, If you return the item, we should see all the items separately in the purchase return form if you are purchasing the same item If you keep all the purchases and returns in the goods purchase section in the purchase section, then You will face a lot of difficulty, the under group of purchase return is Purchase A You have to enter the accounts, enter them and save them, in this way you can do it You can make an entry. Now if the question arises that whatever goods you sold to Om, yes Om did Out of that, goods worth Rs 10,000 were returned to you because it had a quality issue and you will record this on the credit note whose shortcut is control p f8 Sales is controlled by f8 and sales return is controlled by f8 which is called Credit note is ok if you know the original invoice number then give it, if you don't know then give it to someone else It doesn't matter, I entered the credit side, now Om is returning the goods to us, so Om is there We will go and enter the credit amount. How much are you returning to us? So right now I have returned some I had told you that let's assume it to be Rs. 5000, what will come to us on the debit side The sold goods will be returned for which a ledger will be created here whether the goods are fine or not Sorry, a ledger will be created here for sales return under which group This will be the sales account, we will save it, we will enter it, we will enter it and save it. In this way you will always enter purchase returns and sales returns. Now it is Our next voucher is General Voucher and the most important one is General Voucher People often have a lot of confusion about what a General Voucher is and what it is. Which entries are made in this, first of all let me tell you one thing that the entry which All those entries which you have not made or cannot make in any voucher till now It is always there in the general voucher, although general voucher is a very big topic to read So I have made a separate video on general voucher, you can go and get yours You can read in great detail what is a journal voucher and how we work in it If we make all the entries then let me tell you like all the entries which we make any other We cannot do it in voucher like for example if we have our fixed asset If we purchase anything other than our own goods on credit, then at any Opening entries and closing entries of the thing or if we use it for personal use from our business Are we withdrawing any goods for or we can withdraw our money from our profit and loss All such entries are being transferred to capital or your dishonor is being taken off You should always make all these entries in the general voucher, so for the general voucher You have to press f7, for example, let's say we pressed f7 from here, did you see General voucher has arrived, the entries in general voucher are always purchase sale Like this your inventory voucher mode does not come, this is your payment received contract like it's always in accounting mode okay what's in it like we have a Entry is Goods withdrawn for personal use for Rs 10,000 Goods withdrawn for personal use We have withdrawn goods worth Rs 00,0000 for personal use. First of all, on the debit side of the voucher, we will create a ledger by pressing Alt+S. Here we enter our date, 1st October, okay, on the debit side we enter our Here we will create a ledger named Goods Withdrawn for Personal Use because we have our If you are taking out stuff for personal use then what about our goods which are for personal use? It will be debited thereafter whenever you buy goods for personal use Withdraw or you take out money from your business, its under group is always there Capital account is fine, after this you have to save it, enter the amount ₹ 1000000 After this, which ledger do you have to take here on the credit side? Goods Purchase because we have removed goods worth Rs. 10,000 from the goods you must have purchased In this way you can pass any entry in the general voucher, basically as much as There are adjustment entries, specially all the adjustment entries are made in your general After this is done, we will show you the balance sheet once that What is the effect on our balance sheet? As you can see, there are two sides of the balance sheet There are two sides - one side is liabilities and the other side is assets. Balance sheet is a very big topic. How is a balance sheet created? How are the amounts on both sides of the balance sheet calculated? Whatever is there remains equal. I have made a separate video on how to create a balance sheet. In which I have explained very well practically by making one entry each that What difference did an entry make to the balance sheet? How is the balance sheet being created? How is the amount on both sides becoming equal, how do we balance our liabilities and assets Let's see, I have clarified all these things very well in it which is very important for you. If it is more important then you can go and watch that video separately. Okay now look here. First of all we are seeing liabilities on one side and assets on the other side, what is here that The capital account is visible, first of all you have the capital account, which means this much How much is your capital right now? Basically, it is visible here. But what we see is that when we go to the capital account, look here What is visible 40000 40000 do you know what it means that whatever you have deposited from capital account When we withdrew ₹5000000, what happened to the capital account? It got credited when we withdrew it. We sent back ₹ 1000000 from our capital account because the goods that were just We have sent it, we have sent it to our capital account only, okay so here now What happened that ₹1000000 reached back to our capital and our goods reached So that's why the capital account is showing 40000, if you come down like this then you will see here You will see your profit and loss account where you will see your net profit. How much profit are you making right now? Gross profit sales accounts means here But you can see that the total sale you have made is ₹1500000 What you have to do here is you have to pay so the liability side is visible now Similarly, here you can see your liabilities and your current assets. Assets means that there is a female debtor to whom you have sold goods ₹5000000 In this way you can check your balance sheet. Let me tell you one more thing when We were also doing voucher entries till now, let's assume we made some purchases when we were doing entries We pressed Control P V and from here we passed any purchase country, one of these We try purchasing the product several times and assume that we purchased it from V, sorry we have listed it here But I saved it and entered Rs. 1000, then the option of bill wise details came again and again. was going on which we told you to skip what does it mean so this is very This is a good option and this option is shown to you only when we enable it in tally. Let's keep it okay now let's say we pressed Fn from here when we went to accounting features So you saw that here in Outstanding Management, an option is coming, Maintain Bill wise details because this option is yes for us that is why while entering it again and again Here our bill wise details are getting enabled and it is appearing repeatedly okay now the question arises that what are these bill wise details after that now we We are going to tell you many more features, so what is the bill wise details whenever Do we ever make entries in accounting vouchers or inventory vouchers? So every time we make an entry, we pass an entry here on the credit side However you make the demand then you have seen that in the bill wise details which are there here in our Total four references are coming, one is advance, one against, one new reference and one on Basically, in the account and bill was details, these are your references, these are an entry relate it to other entries, understand it carefully whenever we make purchase or sale entries So what is happening here is by default our new reference is automatically It is being selected, look here our new reference has come, we entered this entry Let's assume we have saved it here. Now let's pass a sales entry and see. By pressing control v we came to accounting mode, we entered here and assumed the debit side We have passed here that we are selling some goods to Om, okay here But we still made an entry of Rs. 1000 as credit side goods sales, as soon as we entered Okay oh one second om maybe we have not enabled maintain bill wise details here Look, we had not enabled this option while creating the laser, so You were not able to understand all these things in detail, now you are here You can see that here also you can see a new reference, so whenever you When you make an entry for a purchase sale, by default a new reference always appears. New reference means that when you go to make a new transaction, some In situations like making a new purchase or selling something new, you always need a new reference. This happens because purchasing something and selling something are both transactions. They are brand new, there is some purchase done, so there is no transaction with the old ones And at such time there is always a new reference only in the purchase and selling country Now next comes the matter of your against reference in this so let us take the new one and as soon as If you look here, you will also find a reference number here and Let's assume that we have passed the entry and now we come to the payment or receipt as we Come to payment and we assume v is showing here 000 which is v good our Actually we had kept him on v by paying him Rs. 1000 extra Okay, let's assume that someday it happens that we are making a payment to someone Who are we paying to? From whom have we bought goods? We have bought only from the sick? If we have bought it then one thing we do is that we come to the entry and see what we do here Let us first page up what we just purchased from the plane. We increased the amount a little because our b already had ₹ for insurance and we If I bought it from them for Rs. 1000 then right now we have money with them, so if we buy this for Rs. 3000 then Once you enter, now we will have to pay ₹1 for the loan, so this is how we will tell you We can show the payment entry. Now we come to payment and from here we look at b. ₹1 Their credit is visible, we make payment to them as if we do this much I saw that now this reference of ours got automatically turned against whom it went to Against on against on this has gone okay now if you will receive it from anybody Go against the amount, this will happen automatically in purchase and sale as soon as a new reference is made By default, the reference in payment and receipt is against Why does this happen? Because whenever we make payment to someone, we they go against it like we just sold this stuff here so We were paying against when you pay someone against something You always have an against reference like suppose you put someone's salary in it the due has been kept and adjusted, after that if you pay his salary then he What will happen is that you had kept the due in it and you are making payment against that You purchased some goods and against that you are making payment, you paid someone's rent or You had adjusted someone's interest in the general voucher You are making payment against that, basically the things which you are paying against something Whatever payment you are making, there you will get a By Default Against Reference and you You will also have to take it as if you will refer again, then whatever bills you have pending on them You will see all of them here, it is showing that there are three and one there, 8000 and one there. If you want to know which bill number you are making payment for, then you have to select your bill number. You have to take and enter and save this entry, if you want to see the receipt like this You enter and if you have a loan of Rs. 000 from Om to Om, as soon as you withdraw Rs. 4000 from here If you buy it, you will see that Agence France will come again because of the goods that were sold to them In a situation where money is coming against you, you always have to choose what it is Okay, now after this, how much money are we taking from these in-inp If you are taking 4000 then we will pass the entry of 000 here, now the next thing comes that Another reference which was coming in front of you again and again was which reference of yours was that Advance of advance means when you receive advance payment from someone There you take advance, fourth one is our on account, we use on account It always goes for general entry or when you buy or sell something on credit for its entry or if you buy your goods on credit or If you sell then in such a situation you have to take it on account as if you You are just purchasing your own goods, press f9 for business and you can buy something from here If you are purchasing goods on credit, then you are taking the goods on the credit side. ok enter mark you are buying goods worth 1000 if you take that goods on loan If you are using this then you will choose your on account here. Okay, you can choose your on account here. Or if you are passing the general entry, let's say you come to A7 and click here We make some purchase of our own, for example we purchase any fixed asset Let's do it like we took furniture, what is always the under group of furniture If there is a fixed asset, then we took it here and saved the fixed asset, as soon as we see If you purchase furniture, you will enter it on the credit side, here we have entered our meaning From whom are you purchasing, I said I am purchasing from insurance only, entered now you Here you will have to give your on account, so especially in such entries you should always keep track of your account details. You have to pay on account when it comes to your f11 and f12 feature which is the most It is more important as I just told you from where to enable bill wise details Till where was it disabled, now like what is it in tally we have many features here They are visible in front but there are still many features which we cannot see From where do we enable it and from where do we disable it, so like I just told you, one f11 is there we told you the bill wise details also from there in tally if You want to explore any features like here if someone tells us right now If we want to use discount then you will get discount somewhere here No, you can go to Masters and create your ledger and stock here. If you can enter then you have many options to check the Miller report but if If we want to use discount then where should we use it, if we want to use zesty then Where do we enable Zesty if we want to use the actual build here? Or we have to read a lot of TDS TCS like we have a lot of our things here We have to explore, we have to use the rounding method, then where do we get all this from in this Enable and disable it, for this there is f11 feature in Lee, f1 is company features The shortcut key of f11 is the main one here, you get three features, one is Accounting features are fine, for which you can go to accounting feature and enter Or you can press f1 and you will get all those features in accounting feature. You get those which are related to counting vouchers like I just told you from here It was told that maintenance bill wise maintenance bill wise details, if you had rejected it from here You save it at the time of entry, now you get the option of bill wise details anytime You will not get it, we will show you this, go on the voucher and here we accepted From here, press f8 or f9 and again we pass the purchase entry. And here this time we took v and again we buy some goods worth 500 from them You have purchased goods on the debit side, now you will see that the bill details screen will not appear I pressed f11 again, got accounting features, selected yes from here, you will see this Accounting features include all the options related to accounting vouchers, for example Do you need to use the account only or do you need to use the inventory as well If you have done this Integrate Accounts and Inventory, now you you will see that when you come out from here, basically when you go from here a Second, we will press f11 here once again and this is the first option We will make it yes for Maintain Accounts Only and then Integrate Accounts and Inventory We will set it to no. Now you will see that when you come out, you will see that you have to create inventory from here. We will not get the option to do it, so basically whatever things we need, we can get it from here You have to click yes or no only then you can use them here like you want to use multi currency If you want to use interest calculation then you have to press yes from here, if you want to use payroll then press yes here If you want to use cost center cost category then click yes from here. You have to do invoicing, you have to do credit debit note, I just told you You will have to click yes from here, now we were able to use the credit debit note voucher I want to use budget control I want to use check printing I want to use zero value You will find all the options like transaction company logo here, you can click yes from here Only then will you be able to use all these features, if you do not want to use them then you have to do it from here itself You will have to mark these as no by pressing un again. Similarly you can click on the Inventory feature from here. We are going to go back using Escape. To go back in tally, always press Escape. key is used and to proceed further press enter key, I have told you about inventory If you come to the feature, you will get all the options of inventory voucher from here. You will get it like whether to use go down, whether to use stock category, order processing You want to use the discount like you will get all the options right here. Like this now we will go out and like this you get the third one from here for State and Taxation GST TDS TCS BAT all you have to enable and disable from here if you are f1 When you press it, that means when you press f11, you will be on company features You will come here and from here you can go to whichever place you want to go by pressing enter if Suppose you are on accounting feature and you want to go to inventory from here then you can go to f2 press f3 you will reach the inventory press f3 you will reach the station To come back to accounting, use f1 f1 f2 f3 which are the simple shortcuts for these three The keys are like this, you will get all the TSS features, add on features from here, so this f11 is very It is very important that you read it very carefully so that this does not happen to you in the future. Maybe you want to use an option and you don't know where to enable it Where do I disable it, it is very important that A1 means company features Similarly, our second feature is f12 which is of confine. If you want to do any You are working and suddenly at that moment you need to go to its confine then you press f12 By pressing f1 you will see that you will come to confine, if you press f1 from the normal screen If you press it then you will come to the confine of which one will come, general confine where From this you will get name style format dates table conf import export like everyone You will get the confession of numeric symbol voucher entry, if you want confession you can get it You can take it from here, which options should come in voucher entry Which ones should not be used while doing it like single entry mode, double entry mode, see everything We are getting it from here, okay, like this you can come to the payroll confession sum from here Like now when we were entering the accounting voucher in payment, you saw that It was open in single entry mode so what we did was press f12 and here We had set the Use Single Entry Mode option to No, if you want then set it back to Yes from here Let us save it by pressing Y, you may want to exit only after saving it Save by pressing Enter or by pressing Ctrl+A. See that single entry mode is back. Basically, while entering a voucher, which options come and how they don't come and in what way You can see all this from here, you can enable or disable it with f1, you can configure it like this So if we assume we are creating a laser, okay we are creating a laser If you need any option here or you don't need any in the creation window then you can do it from here press at all the confines will come to your laser so specifically whatever you You are working in Tally. To go to its confine in current time, you have to go from there You have to press f1. Now the question arises that you want to print an invoice in tally. so how do you print that so let's go press double D and go back to our On vouchers and from here we open any one of our invoices, for example we I took the date from here, 1st October, after this we will see which ones are here Like we are seeing a sales entry here, we want to print the invoice for it If you want then it is very important in Tally that whenever you enter any transaction Whenever you enter any transaction, you should also make an invoice for the same You will print out your invoice and give it to your customer. You will print that invoice I will do it and also if he has to make any payment, if you have to make any money from him If he wants to take it then you should give him a receipt and even then he can make the payment for it How do you print all this? You have to press on your voucher from here As soon as you press P with Alt, an option will appear here. one second okay here an option will come first what is written here Invoice now it is asking for print ok if you want to print then you Yes to this, for this you should have a printer with you, if you want to use it only If you want to see the print preview then you can just see its print preview But you can see that only when the print preview appears here, okay now Look here, if it is not coming in writing then to enable it you have to press Alt. You have to press it, as you can see you are getting it here in the button bar Preview came with alt like if you press alt and i then see with print The preview option will appear here. Now when you click OK, you will see a print here. You will get to see the preview, you can see that your invoice is printed in this way You will see that the name of the company is here and the rest you can see here is only the name of the buyer The name is there but the rest of the details are not there like address etc. so this no because we haven't configured the printing block yet when you print something If you print then you also get a confession from the print tongue that you can mention in your invoice What do you want to print and what not, look here it is showing good sales 000 and all the other things are your invoice now, it looks very simple Do you know what the reason is because right now we are reading the accounting voucher we have There is no item etc. GST etc. is not being levied yet, so such an invoice will come Ok now after doing all this let me tell you that whenever you print an invoice If you do it, then how do you get your company's name in it, which we only have the name of if we need to bring more detail in this or if we need to add our If you want to put your company's logo then see how we can do all this work as soon as you click on alt. You press P with it, you have to press the button from here only, vouching conf gets disabled sorry printing conf shortcut key as i told you that on the screen you From there, to reach his confession you always have to press f12 As soon as you press it, you will come here, look here, what is the first option that comes here Some of your general details are coming, then there is item details, after this you will see here More options are available like registration details and order and dispatch details Once it arrives, here you can check all your options one by one like print in simple Format Print Customer Signature should be included or not OK Complete Mailing Details Should it come or not, you can say yes here, address in continuous line You can do yes to this, print quantity column print under let quantity is ok Look here, you will find many options here, print company pan Do you need income tax number or not? Say yes. Company tax registration Print number of company PAN income tax number is fine, if you need it then you can click yes for that also You can Buyers Tax Registration Number Buyers CST Registration Number and Print You will get a lot of options from tall details and if you want options then you Press f1 once again and you will see that you will get an option here and some more. Here you will find the options Print Narration Print Narration for each entry bill wise Details whatever you want like bill by details if you want then you can do it Yes, if you can, then look here you get many options, you can avail this facility by using your voucher. What do I want to print and what don't, you can set it here, Control A and save You will do it okay, from here you will save it with control A, now you can do your print preview from here You can see but now look there are only a few changes here like we have made bill wise The details given are coming here but the name of the company and the Buyer details are not coming, do you know what it means that we have created our company While doing this no more options were given from there, now if we have to do all the details of our company If you have to fill in the address and all the things then do one thing that is to press again with Alt We press f3, okay, after this we will go to company info, from here we We will go to the alter and make some changes in the company like mailing details So we have put it here, second company is okay, private limited, this is ours Company name After this, if we have to give the address then we have given any one of its details here I gave you the address, okay, second floor, after that sector 45 noida any one we have an address here like this We will fill whatever we see there, enter our country, give state and give answer State here, right after that I have given my pin code, all these things are very easy If you have studied this before then there is nothing like this in it, all these are correct After giving the things, if you want to give phone number etc. then you can give that If you want to give your number, you can do that as well. After doing this, save it with Control A. We will not give the rest of the details right now. Now what we do is press double D once. let's go back to our notebook sorry press double D to go back to our notebook Let's open the sales voucher from here. Press P along with Alt and then click enter. You can see that the details of the company are visible here in this way You can also do this here, then should the company's contact number etc. be visible or not? You can enable all these things by pressing f12. Our next option is How do we put our company logo on our voucher i.e. when we print the invoice If we are doing so, we want to put the company logo on the invoice, how can we do that You do not have to worry about applying it at all, I told you earlier that The shortcut for company features is F, you have to press F and you have to go to Accounting After going to Features Accounting Features, in the last second you will see an option We get the enable company in the name of the people so we will come here and we will do it here say yes as you say yes from here first of all it will ask you for the location of the people then your Whatever logo it is, copy its location and paste it here, see below Some of its conditions are given, Format supported are BMP and JPG which format There are only two types of support available for you, BMP and JPG, which means your Logo must be in BMP or JPEG format only whichever is recommended size That is, its size, its width is 96 pixels and its height is 80 pixels is enough, we can do the job in our system and in our system After going there, we look at wherever our pictures are and select any one We set the picture here, okay, so for example, we took these images first. Let us check its extension once, what is its extension, see it is JPG This is the file, what you have to do is right click on it and go to it You can also press Alt and Enter to go to Properties After this now you have to go to security and after going to security this will happen All the locations that are coming, you have to select all the locations like this After doing this, you have to copy it by pressing Control C. After that you have to come back to your tally and here you have to press Control Alt And that's ok, the shortcut for paste in tally, sorry, the paste option in tally is there first Wait a second, something else has been pasted here, maybe our photo from where we took the location If it has not been copied properly then we enter again on our image We will go and after going to the image, we will select it once again After selecting, you have to press Control so that it gets copied. It will go and after coming here you have to press control alt and so that your this paste can be done. The entire location should be pasted here, then you have to enter it and you have to After saving this we will go back to our voucher by pressing double D, okay here will come from by pressing double D, go to the sales voucher on the voucher and from here press Alt We will enter it with 'p' and press enter now you can see it in your invoice Write down your logo here and let me tell you one more thing that your There is an invoice, it will not be applied to every voucher, so the specific voucher is like It became a sales voucher, a general voucher, a receipt voucher, something like this Your logo appears on the voucher only, otherwise you can use it for purchase If you invest in payment then your logo never supports it, okay, this much happens After this, now we move on to our next topic, after this we will study cost Category and Centre Now let me tell you what is a cost category cost centre like Till now if anyone's salary has to be paid then I told you that someone's salary is paid on us We can pay salary, till now how were we paying that I pressed f5, okay and here So what were we taking on the debit side here we used to take salary all plus I pressed here, we created a salary account, pressed enter and the salary was credited to us There is an indirect expense for this, okay, we took the indirect expense and saved it. After this, let's assume that we are earning a salary of ₹1 lakh, so we put ₹1 lakh here I entered my credit side and I paid in cash. See what's the problem here. It so happened that we paid the salary of Rs. 1 lakh but now we know that no, to whom did we give Rs 1 lakh salary, I mean here if we I want to categorize whether 15000 of that was Ram's or 20000 was Neha's or 300 of that If it was Riya's then how to category it, that is why cost center and cost are used In which whatever payment you are making, you can categorize all the payments that If you have given a salary of Rs 1 lakh then whose salary is it among them, you can tell You will create a cost category for the salary and those employees whose salary you are paying You create a cost center for it and suppose if you ever need to do a cost center for advertising, You are giving Rs. 100, now you are not able to mention for whom you are advertising the thing you did was that you gave Rs. 2000 in the banner, you gave Rs. 2000 in the newspaper, 5. You got that advertisement done through television, there are many such sources From where you advertise, you always need to make this type of entry. Cost cost center cost category is required okay before doing this one thing we And let's do that and come here and take out some money from the capital which That our account is running in minus, we are coming to the capital account and here we have some Let's enter the amount, for example, we took 5 lakhs and we changed it to cash on the debit side and Sorry, we have taken Rs 50 lakh and we have withdrawn this Rs 50 lakh from our capital. So that we don't have negative cash cost set cost center cost category to use For this you have to press f11 counting features and from here you will get the option Cost center and cost category, as you can see below you will see the option here On the third number you will see that the maintenance cost center is on the second number you will have to say yes to it. After doing yes, you will get another option on the fourth number, Maintain More You have to say yes to the Then One Payroll and Cost Cut option. After saying yes to both the options, you have to say yes to the Then One Payroll and Cost Cut option. After that you have to save it with control A. Now when you save it you will see You will also get the options of Cost Center and Cost Category in Account Info. Look carefully at how we enter it, first of all you create your cost category There are cost categories, you can make them single or you can even make them multiple at the same time, so we We will make a single salary, okay we have made our own cost category for salary for you Just give it a name and save it. Secondly, if you want to make an advertisement key So you can also create an advertisement and if you want to create it directly then you can enter We could have made them directly at the time of sale, so our cost category has become ours. We will create a cost center. Do you know why we will create a cost center? Because it is in the cost category. So we have decided that we will pay salary but we will not decide to whom all we will pay salary We will tell you about the call center, so here we have accepted that you should first of all book your If you want to select the category then in category you will select the category which you are paying Yes, I have paid the salary, okay. First of all, we have named our employee after Ram. After creating it, we have to create another one again to know which are your employees If so, let's assume that the second employee is our Neha, so we made Neha under You have to keep the primary, the third one you have to give sorry here, so the third one like I have given here Diya Priya Priya I made it here if I want to make the fourth one so we made the fourth one like this I have created another one here, Misty, you can use any name here, whatever name is, it is fine. Here we have made all four of ours. After making all four of them, now you have to come back like this. Also if you want to make it for your advertisement then you can make it for advertisement also You can make it, you can make it like this, you just choose your category there Advertisements that you have created If you have not already created a category, you can You can also create a direct view from here by pressing C with Alt, in this way That is why I told you that you can make the meaning first and you can make it later also What things did you use to make your advertisement, like banners? If you got the advertisement done through that then you made another one, for example you used newspaper so you did it from here you made a newspaper, thirdly you suppose you did it from television So you got it done so you bought a television here, there are lots of advertisements like this The ways in which you have done your advertisement are what you have written here. Can you mention if you too are dreaming of making a career in digital marketing If you are or you want to take your online business to new heights then you This is D Media Company which is on the right platform where you can get SO MO And instagram2 Internship is also provided and not only this, D Media Company also provides you Also guarantees 100% job placement so what are you waiting for just enroll in D Media Courses and Make Your Future Bright Okay so we took three from this For this, now whenever you make payment, you should see the accounting voucher for example You enter a date here, something like November 1 is fine, or You can take it here if you want to pay salary on 31st October yes you have taken f5 and you are making payment on rabbit side you have given it here Salary is fine, after giving salary you entered and you entered the amount here ₹ 1 lakh given, as soon as you enter 1 lakh here you will immediately see this in front of you A screen like this will appear, here first select your cost category You have taken your salary, he is saying name of cost center now you can pay your salary Select the employees to whom you have paid salary and how much amount you have paid them Give me the amount, I took it first here Ram, I said I gave Ram 15,000 salary Second one I took here Neha, I told Neha I gave ₹5000000 I have given the salary, now who is the fourth one left here, Misty, so I said ₹1000000 to Misty We paid salary, now you see how easy it has become for us to decide how much salary we paid to whom We have given you salary comfortably, we have defined ours here, if you have done it anywhere else Salary has been given, let's say if you have given salary and the salary is of your two officers, any If it is a branch office or a head office, then you can enter your cost category here. This is how you can keep head office salary and branch office salary separately and you can keep your cost category If you can make it then you can take your second category here and its salary too You can define it in the same way here, we don't have any other, we only have one We have given that, now we accept that if you are not making any other payment along with it if so then you give cash like this on the credit side and you make the entry now if you along with that You have also paid for the advertisement, so what should you do? Instead of credit, you pay D Debit by pressing and you can see the ledger of advertisement here If we have not created a laser before, then we will press Alt+T and from here we will create our own laser. Ledger will be created in the name of advertisement. Okay, advertisement has been entered. Advertisement There is an indirect expense for us and we saved it, we gave it in this that brother We have given 0000 for advertisement, it is ok or whatever you have given, enter You will do this, give your cost category and if you have not made it yet then Now you could have created it from here as well by pressing Alt+C. Just enable the cost category call center from there and then at the time of entry You can make all the things directly from here, we have already made them so we give them to everyone First comes the matter of newspaper, we said we gave 000 in newspaper and then sorry We had to pay 5000, 5000 because we have paid more, after that the matter comes I said about the banner we gave 000 for the banner after that comes the matter of TV I said 0000 in TV, just this amount which you paid outside, you will get it in full here You have to do it, if you think here that if you have done 8000 here then this will help you further I will not take it unless you keep things here properly. Identification This is how you can do this entry, whenever you see it later, you go to the voucher and sorry double d press that you and you here date lily 31st october now you will see So you will get to see all the things here in this manner, so this is what happens to us How can you use cost categories and cost centers? Now apart from this there is another one thing happens is your cost center class like what is happening now is that when Even when we are paying salary, every time we are defining it that brother this much Everyone is getting so much salary, now think, suppose it ever happens that every month you give money to someone close to you Are you giving any commission to the employee or are you giving any bonus and you want that we define the percentage of all of us there or what does it mean that whenever we every month When we give bonus to our employees, if we give a total of Rs. 20,000 then everyone's contribution in it The percentage is already fixed that he will get it on 40, he will get it on 20 and he will get it on 10 I will get it okay this way and I accepted it He will get it for 5 rupees, by doing this you want to give it and you want us to give the percentage in advance If we define it and keep it, then whenever we enter, whatever is theirs gets calculated automatically For this there is cost centric class, when you must have seen accounting by pressing F If you have gone to the feature, you will find another option here below: Use Pre-Define When you say yes to Cost Center Allocation in Transaction, you will see it here There is also an option of Cost Center Class. Now whatever your Cost Center Class is, you can click here. But you can also create your own classes, like I created my own class here, commission Okay, we have entered commission in the name of here, now when we have created a class here I took my commission. Now you have to give your cost category here, so like I did Here I have created a new cost category. Okay, I created it here. It took some such commission in the name, now look carefully, we have entered the commission and saved it Diya now he is saying to whom are you giving commission so I said brother we To whom are we giving commission, we have to first create them here I have taken my category, which category do I have to take, I have to take my commission category So we took the commission in the category, to whom we are giving our commission, so here we have Like we will tell you by taking a few names, like here we have taken the name of one Sumit Okay, we have saved it, now he is saying how much will you give to Sumit, how much Will you give me 40% commission, I said Sumit's commission is 40%, we pressed all plus C here But if we took another one, then it was as if someone else here gave us his name, like I did I gave it to Hema here I gave it to Hema here I told her her commission on 30 Here is the third one, let's create another one here with the name Nikita, okay, by entering Nikita I saved them too, I told them to look at them in the same way on 30. I left the percentage defined here, you can see that we have created a class center We have created a class called Cost Center and a category. You can name the class something else. You could have named the category something else and you could have mentioned the names of your employees here. Or whatever happens to you, the percentage of people to whom you are giving commission is defined here. Do it and keep it aside. After doing this, save it. After saving, you will see it. Whenever you pass the entry, okay you passed the entry, you ever on October 31st You are making payment, here first select your cost center class, ok This is our class, which was the commission, we took the commission in the debit side Here you will have to create a ledger in the name of commission because brother, now we are talking about commission If we are living here then we will need the ledger of commission, then the commission is directly given to us Expense is okay, we have saved it, we have given it here that we have given some As soon as we entered 00 commission, it was okay and we gave the credit side here. Now you will see that here we gave commission, here we gave cash to this entry. We have saved it this way, now we come back and press double D and here from we go to that entry of ours, see, when we went to that entry you immediately saw that We did not give any of these things, rather they happened on their own, see the commission here The class has come, Sumit's 8000, Hema's 6000, Nikita's 6000, how will this happen when you When you make an entry you will not know it just like we will not know it when you go to the daybook You will come and when you open that entry on the daybook, you will see the entry as yours Look something like this, you can use call center class also, all these things It is very good that whenever you are making an entry, your work gets done quickly. You do not have to give that percentage again and again, you do not have to give the names of the employees again and again You can do all these things in Cost Cent Cost Cutting Cost Cent Class Now let's talk Finally our inventory vouchers come in the accounting voucher which is as important as we need it We have understood all the basic concepts well, now comes the matter of inventory voucher That when you talk about inventory voucher entries, the first thing that comes to mind is Look at the stock, what does inventory mean is that when we purchase and sell any item in which we give the name of the item we give the name of the company of the item that's ok Afterwards, what is the unit of how much quantity have we purchased, that means It is being counted in pieces, it is being counted in kg, it is being counted in nose We identify all the things there and that is what we call creating stock and You will not be able to enter inventory vouchers unless you know the stock For example, when we go to the inventory voucher and from here we press f9 then You see, things come to you in such a way that first you name the item and then How much quantity did you purchase or sell, what is their rate per piece, in this way you can You can see things here, so this is where we come to the inventory of our inventory. In this we will first learn how to create stock or else stock will be created as inventory I have told you all the things in Info Pe Accounting Info, now you come to the point Here you get many options of inventory info like stock group Stock Item Stock Category is not coming here right now because that is our enablement No, stock category is also an option, we provide brand option in stock group Name Stock Category we provide whether it is Television or Refrigerator or Washing Machine Is it a mobile or a laptop, what is that item and give it in stock item We tell you its model number in unit of measure, whatever is its unit, that is your pieces It is being counted in kg what is its unit or is it being counted in nose It is being counted in litres, so right now we will talk about these four things Before we talk about this, we will first enable the stock category here. If we take it then we are not able to see the stock category here right now, what will we do for this We will go back to f11 and from here we will go to stock sorry accounting voucher After going to accounting vouchers, from here we will press f2, in f2 you will come We will go to the inventory features and now whatever work we do, we will do it on inventory Because in this feature all the options related to inventory voucher are available We get inventory feature here you can do storage and classification in seconds There will be an option on the number 'Maintain Stock Category', you will press yes to it and you will save it Now you will see that you will also get the option of a stock category here. First we will create a stock group, let me tell you that you can do all these things You can also create an entry while making an entry. You can also add the item from there when you go to make an entry. You can create a category, you can also create a group and You can also create Unit of Measure but we will first tell you how to create it from here. I will tell you, then first of all create a stock group and see what happens. You can create single or multiple stock groups here at the same time or it comes I am talking about multiple and this thing comes here single comes here now look it depends on the stock group For example, let's assume that you have a shop or a showroom in which you sell some electronics. Which brands of electronics do you keep in the electronics you sell? You will create them in the stock group. You will create them by giving their names here. We call it stock group, like you keep LG products, you have given LG under Primary Dia Should quantities of items be given Can you add quantities of items If you will do it brother then we will definitely do it, how many items and how much quantity are we purchasing, yes You have to do this by pressing Y and saving, let's assume that you I did yes and saved it. Third, suppose you keep L products, then you have clicked here. l diya yes did I save it did you see this is how it works fourth you Sunny's Do you keep the item Sunny Lia Yes Karya escape and come out of the stock you have become ours If you want to see it, you can go to the display and see it; if you want to alter it, you can go to alter So you have understood the stock groups, now it comes to the stock category In category we make that what things do you keep from all these companies like that if you have a television then you can make it here ok you will make this enter Just do it and save it. Secondly, if you have a mobile phone then you have created the mobile phone here. Third If you keep refrigerators then you have to make the third one here, a refrigerator generator okay now you must be thinking that maam we have made all this here so then we I will also tell you now what you will make in the item, okay fourthly if you have a laptop You have made a laptop here okay this is done the point is that you these things You do keep it but which kind of TV do you keep that you would make it a stock item? You went to stock item And which TV did you choose, you made it here like we made A1 LG LED Okay, whatever your model number is, you have to enter it here. later under you will have to take primary okay under sorry under you will have to take The name of your company which is your brand, so if we talk about LG here then we are talking about LG. Select brand here if you had not created it you would have been adjacent to alt You can create stock group directly from here also while creating the item So you must have understood well that all these things can be made directly, so we We will take it here, for now our LG brand is fine, we have to take it under LG. In category who are you talking about who are you talking about are you talking about TV talk about refrigerator laptop mobile is not made press all plus T and You can create it from here, but we have already created it, so we will take ours here. Television because we are talking about TV we didn't even make it in the unit now look This is the thing that got stuck, we should have made the unit first, then we should have made the item Tha unit means how do we measure all these things, tell me in kilos Measure whether in litres, in pieces or in nose. If the person doesn't know this then tell him this. Now we have to do one thing, since we had not created the unit earlier, we will press C along with Alt. By doing this, we can create a unit from here. You have to keep it simple in the type of unit here. Later in the symbol you have to give your symbol here like we Electronics always counts with the nose nos nose if you want you can use it We can count it in pieces as well but we basically need electronics I count only in the nose, I never count in the piece, you took the symbol here Lia nose and after this you have to enter, you have to give its formal name here Whatever formal name you want to give, if there is any formal name of nose then you can give it Otherwise you don't have to pay anything in save rate of duty because right now we You are not reading GST at all. This is the details of GST or taxes which we are not reading right now. We will not give you the opening balance below, do you know the meaning of opening balance What happens is that we are saying that when you create it, we have just bought it from somewhere No, I am saying that suppose you already have some stock which you brought into your business, for example you started your own business 1 From October 2024 but you had bought some stock earlier whose details you now have you don't know what you bought from where but you have stock which you can buy with your If you want to use it in business then you can give it in the opening balance that our If you already have this much stock, if not, then press enter and give it, okay, then you You saw how we can create items in this, similarly you can create any other item too We can create it by going to Unit of Measure. We could have created any unit from here also. We would go to Create and here we could create a unit. Secondly, you would have to create a stock item. You can also create another one here, for example, let's say you are purchasing a mobile phone. If you are selling a mobile then you have given it in this manner like a1 okay a1 or then or else you made it something like this i okay 16 you A nose will come in my mind and if you already have an eye then you can use it in your business If you want to use it then you can mention here that there are two quantities rate What about them, you mean at what rate did you purchase them, if you give that rate here then like you I have mentioned here that brother we had purchased it for 1 lakh and we had purchased it for 0000, you can give any rate. Give whichever you like, give the amount of Rs. 130000, the value will be automatically calculated here It will go and you will save it, in this way you can create any stock in it Now we will see how to enter the inventory voucher and how to make the entry How do we create stock at the time of so now we come to inventory vouchers and Here we will purchase some stocks and see the inventory voucher for this We will come and to purchase stock from here we press f9. Now to come here Later this time you don't have to do control v because now we can check the inventory voucher While making entries for accounting vouchers, we used to use control v here But you used to do it. Okay, what you have to do after this is that you have to get the invoice number of the supplier. For example, I will tell you an entry that we have made in ABC Electronic We purchased two mobiles, a fridge and a laptop from him. Listen carefully. Two mobiles A fridge, a laptop, okay, you can get any kind of entry from any supplier An invoice number is given along with the bill, you have to enter that here, you have to enter the date here But you have to enter it like you made the purchase on 31st October, okay you enter that here Or suppose you made the purchase on 1st October, you can enter your date here Enter the cost center, if we are not working then we will keep it as not applicable Here we will create a ledger in party account name whose A B C From Electronics because who we are purchasing from ABC Electronic now here Look, there is no system of credit and debit because here you have to throw a party account name and now you must have understood very well that the person from whom we will purchase will be C There are creditors, you just have to enter the supplier details etc. if you have them So you enter otherwise you will come like this in Purchase Ledger you will take Goods Purchase Purchase In the ledger we will take the goods purchase and in the name item here we will give our first I told you that I have two mobile phones so I want to buy them here, look at your mobile phone We have not made any mobile item, if you know then till now we have stock of mobile We have not made any item. What stock items have we made? We only made LED's. we have made it and sorry we have made it for mobile We have to buy iPhone 11 here, what was the quantity and rate at which we purchased it You have to give it here, if you have purchased any other mobile then you can do it by clicking on Alt. You can create your item from here by pressing C together, for example you After this, by pressing enter you are here samsung's and just saved it with control a and then knew the purchase key but what was the rate of the mobile We entered 40000 here, enter it, one item will be done, if you want another item If you want to give then you can give another item from here if you enter it once more now If you are unable to select any item then you have to back space and you will see your selection here. If you want to give the second item then we might have told you that two mobiles, one fridge and one laptop So next we have to give here refrigerator which we haven't even created the item yet. Meaning, we created the category of refrigerators but we did not create a stock item for it I pressed ltps and we gave it here a1 a here we have taken some brands like this yes sunny refrigerator anything whatever you mean because every brand means every item There are many models of so you enter your model here under you can see here Now I have saved it and bought one piece. You have given one piece here. You have given the rate here. I entered 35000 and I had purchased another laptop so you can click here We can give multiple items, we have not made stock item of laptop also so let's give that too If we make the laptop then which company's laptop do we get, let's buy the laptop from that company only So here we have given it like this After that see what happens, after doing all this you have to give it here under Ok ok electronics Form A B C Anything This is a note to yourself that you can pass on dated First October, okay, just enter October 2024 and save it, this way you can You will make purchase entries whenever you purchase goods and if it comes to selling You want to sell, before selling I will tell you how to check your stock You can check the stock you have purchased or how much final stock you have For this you go to Stock Summary in your Gateway of Tally and after coming here you You can see all the stock here, just like you can see here in L There are two Nose mobiles which you can see here, their rates are also visible. The date is also visible and if you enter it, you will see the opening balance, two nos came, it is okay Out words means they have not been sold yet, so the final closing balance is also Nose is the closing balance which is left over and if you enter then you will get From here all the details are visible like this Samsung's are visible because here there is a galaxy's you will see sony's here so this is the way you will see it All the things will be visible here, now it comes to selling, okay now it's time to sell For this you have to go back to the Inventory Voucher and from here you have to press A in the stomach Whatever invoice number you have given to your customer, enter it here. Give it to us, okay call center, we will not take it, to whom are you selling the party account name So for example you said that there is a Nick Enterprises which is our customer, we If we are selling this, then brother, we have created a ledger of Nick Enterprises here, whose Under group we have done Suntree Dater and we have saved it. After saving it We took good sales in the sales ledger. Now I will ask you what all sales you made. did I say did you sell it, then you said brother I sold one i so I have taken it here, okay, I have sold one quantity, so take one quantity. Let's take it, I am giving the rate of Rs 150000 because whenever you sell, you keep the rate Obviously they give it at a little higher price, why do you do business, do you purchase You make it at a lower rate and sell it at a higher rate, which gives you profit Sometimes it happens that you may incur a loss, so enter your rate here. After this you said that brother, I kept my refrigerator here I have sold my one nose, so I gave that refrigerator and I paid its rate I entered 45000 and you said we will sell only two things, I said no problem Enter entered entered entered if you want to give narration then save it otherwise let us see now Go back to your Stock Summary Stock Summary apple's is visible, you entered it and then you will see the total here that One of your nos is outworked i.e. one nos is gone due to which your closing balance There is one no left, okay, just like that, if you see, I mean, if you see someone else's for Example So you can see your stock business from here as well which is visible to you here. The names of all these will come, look at your stock, everything is coming written here, the average cost is coming Standard method method your standard cost is coming, after this you can see here You can tell when and what you bought, is it okay, this is your purchase date or Your sale is coming now go down, we have not taught you yet so after this we will I will do it right after this I will go back and after this you can see In Inventory Books also you can see the report from here stock item wise If you want to see your report here, you can see it, okay, after this When the business becomes very big, we have multiple locations to store our goods for which you might know as warehouse okay every single shopkeeper has gone big If there is a showroom or a big shop, then they have warehouses at many places where they store their goods. which we keep in the store it is known as go down or location if your You have multiple warehouses in your business. The goods you are buying are in any of your warehouses. Do you have any godown in Aliganj? Do you have any godown in Vikas Nagar or any other city? There are many locations in Subhas Nagar, there are many places If you have multiple go downs or if there are names of multiple go downs then you You can also create those downs here and when you are buying stuff then which one do you choose you are keeping it in the godown, you can give this also in it and when you are selling then which you are selling it after picking it up from the godown, you can also give this, what will happen with this if your There are multiple warehouses and if you do not enter them in the tally then you will have to think It will take a lot of time brother because you will not know how much is in which of our godowns It will be the same, if you keep mentioning this thing in Tally then you will know in Tally that You can know how much stuff is there in which g down by just clicking once. Look for it. What happens is that when you go to Inventory Info, now you see the Go Down option here. The option is not available, we have to enable go down, what do we have to do it will press f11, press f2 as you know that in it all the things are as much as possible This is done through the ALE F tool only, it is the first option in storage and classification Maintain Multiple Down, you have to do yes to this, after doing yes you have to save it and After saving, now you will see in the inventory info here you will see the go down You get options here, you can see all the options you have, all the go downs You can create that. First I will tell you that in Tally you can also pre-define Go down is available under the name of main location, if you want to see it then go back to Go down But and from here we'll first show you the display, you can see in the display that A go down has been created which we have not created which by default is postponed There is a go down by default and as long as you have enabled the go down as per your wish I have done it and if you have not created your godown yet, then it is okay till then All your stock will by default be visible in the godown of your main location If you want to eat then we can show you the display, you can go from here and from here you can Let's go to the Statement of Inventory, after this you will see the first option is here But here you can see the go down wise of one go down, now there is only one go down here You will see the main location, whatever stock you have will be visible in the main location, until Meaning, until you do not create a go down, everything that is yours will remain in this main location. Now we will create our own g down and then after that in our g down Here in this main location, we should transfer our stock to our godown. As well as go down, while buying we how to select go down, while selling we go We are also going to tell you how to select down to create go down For this we will go to Inventory Info and from here we will go to Go Downs, in Go Down you will see You can create either single or multiple go downs, so right now we are creating a single go down We will create it. First of all, you have to write the name of your godown, whatever is the name of your godown. Or you can enter the name of the location as we have taken Go Down E for example. Hey Alias you can take its nickname under we will keep primary if your This is go down main location so you can keep it under main location also and then use it In For, you will get two options and Our Stock with Third Party, you can choose your stock with third party Do you want to share it with any party or third party stock with us or third If you are keeping the party stock with you then you can choose both these options according to your needs. Enable and disable it and save it. Now we will create another G down from here. We will just save this in the name of G down B just like this so you saw both the G We have created the go down. If we want to see the go down then we can go to display. You can see by going to alter, you can make any changes in it or you can delete it If you can do it then as far as we know till now whatever stock we have is in which market right now It is kept in the main location. If we look at the summary of our go down B, then some There will be no problem in going down, nothing will happen now we will stock up for this Transfer To transfer stock we will go to Inventory Vouchers and here we will You will open Stock General Voucher. The shortcut for Stock General is auto-f7 and In this, stock is always transferred from one g down to another g down as you move up You can see here it is written transfer of material here is your source here is your Destination is the source from where you are taking the stock which you are taking and the destination where you are taking the stock, whatever amount you are taking, okay then Name of item: First of all, what option is coming here that which stock are you going to take so let's see what we have is 16 and We will take the lap, which one is down in the main location, how many noses are there, there is only one nose We will take this also there, after doing this we will come to the other side by pressing enter You have to enter and you will automatically come here, you have to do the same thing here also. You have to select the go down where you want to take the vehicle and you can go there Down in a or in b so we will first take it to a there was only one quantity rate We will keep the beans second okay so what we'll do next is we'll give you a nose and they'll give you one thing that we still had one more stock left and we have not given it here so we can use back space After this we will come back and here we will give another stock which was left over from us. what was our We are clearing the main location and keeping it in our warehouse, so we will move from here will select How will you understand where the galaxy has gone, so whenever you mean in real life Also if you just pick up your luggage from one place to another and keep it there then you can make sure We ensure that all our belongings are picked up and kept in the same manner So you do the same thing here as well, just save it by pressing enter, it has been saved. Now see what will happen to us when we go to display and from here we will go to statement on off inventory and on go downs now we see the report from here first main If you look at the location you will not see anything, after that if you look at go down then What will you get from Samsung? in this apple-system From here you have to select the go down where you have purchased and kept this LED. So like I said I have put it in go down B how many noses do you want to take go down B What is the five nose rate of LG LED, like I said here, brother its The rate is 19000 19000 I have given the rate, just enter and save, what else do I have to do something else Gave it here as if we can see what else we don't have of Sunny There is no refrigerator at all so they take it and I told them that I have kept it Go down and how many noses are there I said there are 10 noses what is the rate I said let's see our rate Its rate is 40000 40000, I have entered it, I have entered it, just save this as well. done this way you can see purchase time go down you will select this if you If you are selling then while selling you have to give your reference number here. after that party account name i said we are selling enterprises if your If there is no party or no party has an account name, then you can deposit cash here You can also keep here what you will take as cash, after this in sales ledger you will What will you keep here? You will get good sales by entering what you are selling. I said let's sell the refrigerator, now look he is asking which one to go down If you don't remember me then press G, it will show you itself If it is in go down A then you select go down A from here, how many notes, two notes rate Is 50000 okay, enter it and save it, in this way you can go down to it You can select whenever you pass a sales entry now one more thing here One of the best topics of our tele is discount, when we buy any item If we purchase or sell then many times we get discount in it, well I will tell you Let me tell you that there are two types of discounts, one is item wise and the other is on total Now you must be thinking ma'am how is this possible, so let me tell you what item wise means It happens like many times when we purchase something then what we get is that Brother, you saw a shirt, you are getting a discount of 20 rupees on the shirt, you bought any You saw the mobile, sir there is a discount of 10% for you on the mobile, you saw the LED, on the LED Sir at this time you are getting a discount of 50 rupees but the discount on the item would have been one It is on total which is given more in medicines etc. or whenever you When you go shopping from a mall, what kind of offer is going on there that you Do shopping of 10000 and you will get 50% discount on it, ok you will get only half the amount You will have to do shopping of 5000 and get a discount of 20%, this happens many times online also But when you go to get medicines, specially there it happens that you get 10 out of 15 If we get total discount then how do we enter it, so first of all we will teach you How do you use discount on item wise basis? So, the best way to use discount is to first you have to enable discount press f11 and then press f2 sorry We will press f11 and then we will press f2, after this you will get discount in it Now look at the option of invoicing, you will see a discount option below here You will get the option of Use Separate Discount Column in the invoice. This is saying that if you We need a separate discount column in the invoice, you said yes brother we need it because we We have to give item wise discount and when we have to give item wise discount then we The column is needed for that because the discount is written in front of every item. So for that we will need a separate column for discount so we said we We said yes and saved it. Now see that when you click on Inventory Vouchers If you come then you have to press f8 here or press f9, you will see a The discount column will be visible whether it is f9 or f8, now see what is there in both. If you purchased any goods, then you got a discount on it and item wise, then We do one thing that if you purchase any goods then we make an entry of the purchase We will show you by passing the certificate that you have purchased any product from Abis Electronics Or did you purchase it from anyone else? Okay. Or let's assume that you bought the product from v this time. if you purchase [Appreciation] vmmc-sjh.nic.in If you want to make your own unit then the unit will be as per the piece then we We are also creating a unit in the name of Piece, see how easy it is quickly It got ready very quickly, in which down are you buying it and keeping it, I said go down, we are I am keeping it in my account and if you are not keeping it in anyone then you cannot give it to him/her also You can also do location, okay, so you can enter it this way also if you If you do not wish to give the go down then do not give it, then you have made it the main location like this I told that we are keeping it in the main location and not in any ground how many pieces did you say that brother we are purchasing two pieces or you said we You are purchasing five pieces of your shirt, it is fine and what is the price of the shirt, you said It is 800 he asked what is your rate then he said you mean you get a shirt How much discount are you getting? You asked me brother we purchased a shirt and he said You are getting a discount of 5% on every shirt, you gave it to me at 5% here Look at the way you have given it item wise, now when it comes to pat, you have given it here But I created another one in the name of stock pants, okay, I entered which brand it is. He said brother, we will not create the same brand again and again, Brand A will be the category only for clothes It will be counted in pieces only, I saved it, you said brother, I kept it in the main location I purchased a pet whose rate was 00 and they said we will give it to you for 10 Give me a discount of 10 but what did we get here sorry 1500 and you said here 10 I got a discount of Rs. 10 on 1500 as shown below: Discount on Rs. 10 will happen automatically Look at it that way, the discount is getting detected automatically here, you won't see anything All you have to do is just enter it and save it while entering. If you want to print the invoice, If you want to do it then try pressing all ps p and then press enter and you will see your here The discount will also be clearly written here, you can see it this way, but this If it is a purchase, then you will be shown the sales invoice in this manner and you have saved it in Control A Similarly if you sell it to someone then you put your reference here Gave the number whatever it was in the party account name you wrote here cash or whatever It is your wish, you can put it here this time Shyam, okay Shyam, who is you now If you are selling then there will be a dealer, enter it, enter it, Shyam, his name If you have to give any address then you can give it in this way - second floor address You can also enter here whatever you understand, okay you entered it, after that country If you want to enter Uttar Pradesh pin code here then you enter 110090 or anything here. you entered here sorry what should we do here 110090 ok entered entered entered saved after that press enter You came down here, after scrolling down you took the Sales Ledger, now you clicked on these You sold the shirt You sold the shirt You said we have kept our shirts in the main location We have two We are selling pieces whose rate we are increasing here by ₹ 1 and we are giving these You are giving a discount on 2, you gave a discount on 2, when it came to pants He said that we are also selling one pant, okay, one pant whose price we have increased here. What are you paying, 1800 and after paying 1800, you are giving them a discount of 5 Okay, after doing all this, now you said that you have to give this invoice to us also. I pressed enter and now you will see that your invoice will be prepared in this manner. Second Company Private Limited this is your address after that this is your buyer's address Address is invoice number date and how much is your shirt bill details new reference pipe Because we had enabled this, okay, after that I did two p csl on it at 2 Discount is done by entering a P CSL you can see further in the way Your invoice came here, if you want to print it you can also print it from here You can do this by clicking on print. Currently, if we print, this will be our print. So it won't happen but it can be saved, if you want to save it then you can save it as well you can do it like we show you this way okay look we did it from here We have saved it, now what has happened to us, it has been saved, now if you save it from here you can see this You can proceed further in this manner, if you want to save the invoice, you can see it If you want, we can also show you that we will go from here to the desktop and After going to the desktop, under what name did we save our file? With the name A and you can save it like this You can see that our invoice has been saved here, let's come back to our on tally and from here we tell you further that discount on total on total discount How is it given, suppose you have a customer and you told your customer that Brother what if you give us five electronic items Whatever the electronic item is, okay let's assume a refrigerator, you have ordered it from your customer said if you purchase five bridges at once okay or you did this to them I told you, do this, what do you do if you get 50,000 or if you said That if you shop for Rs 2 lakh at once, we will give you a discount of 10% on it This is what you gave them the conditions, now what happened here, we came to the inventory voucher Sales entry is passed here. Reference number is given here. Party account is given here. In the name we have taken our customers here that only enterprises are good to enter Kiya Sales Ledger Now he bought refrigerator from you ok you have eight nozzles You select the godown in which it is kept, you said you are selling it at Rs. 599 It was 50000 here, okay if he has bought something else then you can give some more here yes like you said we told him to galaxy's ok gx9 h price you entered it here But you did not give any discount, if the item is not discounted then you will not give it here now What was your condition that if you shop for up to 2 lakhs you will get a discount of 10 We will give you Rs. 99000 because there is still Rs. 99000 left, so you will get a discount of Rs. 10 on the total. For how will you pay that amount, you have to enter it once again and for this total you have to pay You have to come down and then enter, once you are below the total, now you can create a ledger from here In what name will you create it? Here you will create a ledger in the name of Discount Paid Which will be under group for you as direct expense because you are giving discount So this will be a direct expense for you and it will be direct because it is irregular. Discount was never given as per one's wish, never given in the rate, now here here you We will put it on 10, pay a little attention here, right now it is going to be 299, we have put 10 here If I enter the link then what happens that it is for 99000 I got a discount of Rs 9900 and it got added, instead of one reduction it got increased further, now it is here Keep in mind that whenever you give discount in this manner, you should always minus the discount After putting it, you have to give the minus sign, then you have to write 10, now when you press enter You will see that 9900 has been minused, 9100 is left, you can just press this with control alt ps. You can also print it and see here what the discounted price will be - 10 29900 out of which you gave them discount and the total for you is 29 here You can save it with control A. So this is our discount process. Now comes the most interesting topic of GST, so firstly let us understand what is GST What is the full form of GST? It means Goods and Service Tax. I understood that this is a tax which is called Goods and Services Tax in Hindi, so GST is a It is a type of indirect tax which is levied on things at a limited rate. If it is imposed then see what happens is that there are a total of five rates of GST 0 on 5 on 12 on 18 and 28 which means GST is applicable on any item at 0 Some people are charged 5, some are charged 12, some are charged 18 and some are charged 28 But if it is imposed then first see what is the meaning of GST, there are many types of small taxes When we used to do 'like-vaat' etc., what used to happen was that there used to be many types of small taxes There were cases about which even the people did not have the knowledge that brother we have paid tax, that means if our If tax is imposed on something, then how much tax is imposed on what, i.e. what percentage is imposed We did not have the knowledge of Yajli, after that what did the government do that many By replacing the taxes, one tax was created GST which is applicable in our country from 1st July 2017 Now look, GST has been implemented, this means that this is such a tax which means usually It is imposed on almost all things, for example, if we talk about how it is imposed on some things GST at 0 is applicable on some things, GST at 5 means things like fires etc. Some things are charged 12% GST, like the clothes etc. we buy. It seems that GST is imposed on some things at 18 per cent, like electronics, on some things. Looks like GST on 28 if we purchase favela or cigarettes all these % GST is levied on these things. There are still some things which do not have GST in India. it does not seem so, it means that there is petroleum, there is alcohol, there are some things on which Even now there is no GST, so look at GST, there are three types of GST. IGST is one, CGST and SGST, IGST means graded Goods and Services Tax CGST means Central Goods and Services Tax and SGST means State Goods and Service Tax, this much has become clear and we have You also got to know that on what how much percent GST is applicable but now a question comes in your mind There would be a doubt that ma'am what does it mean IGST CGST all three and SGST Are all three GST applicable together? So let me tell you one thing, what do these two mean These three are used in different ways at different places like when IGST It seems that only IGST is levied and when CGST is levied then both CGST and SCST Both are applied together, this means that when you are in your state, for example, you Whether you are from UP, Bihar, Punjab or wherever you are, you can purchase anything in your state too If you do it or sell it, then both CGST and SGST are applicable together. Now you are saying ma'am how both of them then let me tell you like I took mother I am from UP. If I purchase a mobile phone in UP, I will have to pay 18% GST on it. I had to pay it at 18, okay, I know what happens is that at 9 it gets deducted in CGST and 9 is deducted as SGST in this manner when we keep CGST and SGST in our If you purchase something within the state, we give it, if you sell something, we take it Okay then after this comes the question of saving our IGST so when you go outside your state Meaning when you purchase or sell anything interstate like we are from UP then if We purchase or sell anything from Delhi or Bihar or Gujarat Meaning if we do trading then there is our IGST which is levied alone, meaning if If we had bought the same phone from Delhi, the GST would have been 18%, but who is that 18%? If there is IGST then we should have this much knowledge, now the question arises that GST If we are giving or we are taking then who actually gets the GST Because all the shopkeepers are taking it, the thing is that GST goes to the government And gives the last customer the first respect as GST process is like a chain So a retailer purchases anything from a wholesaler, so what happens is that the retailer gave him GST at 18% which the wholesaler did not have and the wholesaler could pay it to the government It gives but this is also a process like if you go to buy something from a retailer Okay, so the retailer accepted that he paid ₹ 18 in the GST that he had paid Here when you purchased something from him, he increased the rate and gave it to you, so it was still at 18 GST will be taken, no one can increase or decrease it as per their wish, it is fixed How much percentage does he have to take but what happens is that suppose he took 10000 from there If he had bought the thing or whatever the price of the thing, then he agreed to pay Rs. 1000 JST So here you sold the same thing to him at a higher price and then he again bought it at Rs. 18 So he got more money, meaning he paid less GST there but from here If he took more, then whatever extra he took, he would pay that also to the government And if it ever happens that it goes away from him, then he has to file GST return for it files the GST and gets his GST refund also through his station's GST portal If it happens then if we are a registered candidate of GST then it means This is that we will not pay GST, we will collect it from our customers, what happens is that a The last customer is not registered for GST, so he pays GST He does it but he will not sell it to anyone else using his GST registration So he is not able to get the GST money and the GST goes to the last customer And all this reaches the government so we can get our GST registration done. If we have to make payment through the portal, we have to pay more GST every month. if it goes then at the end of the month we pay it to the government and if our If it goes out of our pocket then at the end of the month we file return for it, then this There is a complete process of GST. There are two ways of GST registration: Regular and one composition, okay, you have understood this well, let us see How do we enter GST in our tally, like if we purchase something if we have paid GST there then how do we enter it in our tally and if If we have sold something then we have to make an invoice for it, so how do we make it? To use GST, first you have to enable GST for which you have to You have to press f11 and then f3 like A1 of accounting feature is inventory is A2, similarly State and Taxation has F3, if you press F3 then you will see this You will reach Taxation, first of all here you will get the option Enable Goods and Service tax which you have to say yes sorry after saying yes there is second option There is set alt GST details, you have to press yes for this also, on doing yes, you will be charged GST. It will ask for details. First of all, enter your state here. Uttar Pradesh area comes next. We said the registration type is regular brother, the third one comes exclusive for other territories We will keep it GST applicable from GST applicable in our company if you want you can give the real date 1st July 2017 or if your If you do not have a company, you can apply from 1 April 2024 also, there will be no issue First of all let me tell you about GST number, GST number is of total 15 digits In which the first two digits are our state code, like UP code The state code is 09 followed by your company's PAN card number. Your 10 digit number is in some format like this sorry in that Initially there are five alphabets, then four numeric and then one There is an alphabet, in this way your 12 digits are completed here, now whatever we will say later There are three digits which are the general code which is provided to you by GST It is in some format like this one then your root is by default Then there is five here, in this way your Justice number would be of total 15 digits If you enter it, it will ask you to verify, so we will enter it again, after that it will come Is it periodic of JST? When will you file JST return, monthly or quarterly? They give monthly, if you want to do webal applicable etc. then do it, otherwise you can do no for it After that you save it with Control A. Filling in these details is mandatory there. After this, even after coming out of this window, you will have to save it and then come out. So you have seen that we have enabled GST here, I will tell you Let me tell you that after enabling JST, the first thing that is required of you is that you What should you do in this that you create the GST ledger in it, as I told you It so happens that the total types of GST are of three types: IGST, CGST And in the same way you will have to create ledgers for SGST and IGST as well as CGST of and also of SGST, by the way I have told you that you can get the ledger for entry You can create it on time and you can also create it in advance, so for now let's try creating the laser in advance Let's see how its ledgers are created so we go to account info here We will create the ledger from firstly we will create the IGST ledger which is our IGST will be used for interstate transport, duties and taxes will be written under it Let me tell you something, whatever tax ledger there is, they all have their under group There is duties and taxes, after this you have to pay GST in type of duty tax And in tax type you have to pay Integrated Tax because we pay IGST We are making it whose full form is Integrated Goods and Services Tax. After giving it, you don't have to do anything here and you just have to simply save it. After this comes our CGST, so we have made CGST under group duties And Taxes Type of Duty Tax in GST and Tax Type in Central Tax And you have to save this as well, after this when it comes to SGST then this happens Our Duties and Taxes Type of Duty Tax in GST and beyond State tax in tax type and you just have to save it and exit. We have created all three GST ledgers. Now we will tell you about one entry like The entry is that what we have done is that we have purchased the mobile from Delhi We purchased it from Delhi on which we have to pay GST on 18%. Please check it carefully. Inventory voucher will come, press f9, entry has to be made for supplier in the same way Will give the invoice number, will enter 1001, will give the date from here We have given the like, this time we have entered 1st November, after that, okay first we have to see its current The date needs to be changed sorry voucher date so we will make the voucher date 1st November then we will be here From 1st November onwards we will create our ledger here in party account name that What is our supplier, we make it in the name of the supplier Supplier Daily this is the supplier of Daily now look the supplier of Daily is under group so The woman will remain the creditor because we are purchasing goods from her, this is fine, but when You are using GST, you are levying GST or you are doing it on your own, whichever means you When you are entering purchase or sale under GST, then your supplier who is or Then it is very important to give the address of where your buyer is from because he is from Delhi. It means that if he is from out of state then IGST will be levied on him, sorry, he will levy it on us IGST But that IGST will be applicable only when you check its state from here daily If you keep Uttar Pradesh then IGST will not be deducted, you will just get the state You have to pay attention here and save it, after that on entering you will see purchases coming down You will take the ledger like Goods Purchase in the ledger but in this Goods Purchase ledger you will GST will have to be applied. If you want, you can maintain the GST purchase ledger separately. You can make it, if you want to enter in this then you can do it in this also But to do this, now go to its alter and by going there you can enable Zesty. So we have come to the purchase ledger and from here if we press control enter So we reach to its alteration. If you need to alter anything in the moment, If you want to do it then go to its place and press control plus enter here. Look below, this is undefined in just applicable, we will apply it and T details will not be set here but goods will be taken in Type of Supply Because we are talking about goods, we are purchasing and selling goods, that's all we have to do After this you can now itemize yourself here but the problem now is that which is ours mi1 this is our mobile we have to take its brand here under You will create an item of redmi.mi but you will have to click here again and again for every item GST will have to be paid but if you pay it in the brand itself then you can buy it GST will be automatically applied to all items manufactured by the brand. We entered the rate under and here we did it under In this we are telling you by giving in stock group and in the next item we will tell you the stock We will also tell you in the item where the GST rate is given in taxability You have to pay taxable amount, after that the option of integrated tax and cess is coming Look here, CGST and SGST are not coming, we will show you that as well If you want to know how your GST is divided then press f12 and From here, the last option is Show All GST Tax Type, we will set it to Yes As soon as you do yes, you will see that central and state taxes will also be visible here. Because GST is levied on integrated basis at 18%, so when we buy from outside So the total IGST goes to 18 and if you buy from your state then it goes to 9-9 Check CGST and SGST. If you add 18 in this then both will automatically become 99. This is the system of calculation that if you buy from another state then this upper one Integrated tax will be levied and the entire tax will be deducted at 18% and if you purchase or sell within the same state If you do this, it will automatically get divided into 99 and you will never have to pay it again Whether you are buying from this state or from another state, you should buy it accordingly. It will be calculated just when you create the ledger of your supplier or buyer. Please mention its state in it so that it can calculate it. Okay, I will save it for you. You have to give it and then save it and come out. If you want to create a category then you can You can make it otherwise category wise is optional in unit, we will make it here What can you do to make a nose, we have it, see we have applied GST here Okay, after that what we did is here if you want to see GST here So you press f1 here and see here you get options like for Example you can go below here Advanced Entries Part Number Description for Stock Item You want description of it Remark for stock item like I did You have already been told that whatever you want to enable and disable here, Here you get Enable Standard Rate for Stock Item, you can also set it to Yes If yes then you can save it, so now look here we will not give the rate of GST Like here it is asking whether you want to set alternate GST details or you have to give it here. There is no need because we have already given it in the brand, okay so here we are We will not give the details of GST, we will save it and we will save it with Control A like Just see, we will save it, go down, you can choose yours, if you want then this much quantity Purchase I said five quantities what is the rate I said 15000 its rate is enter Are you getting any discount or not, if you want to give it then you can give a discount on 2 There is no problem after doing this, we will see as soon as we come below this total Now since we are buying from outside, we will levy IGST here. You will see that GST on 18 has been deducted here, if you want to calculate then it will be 73500 GST on 18 will be 13230, you can just enter it and save it In this way you have seen how you can easily enter GST in it yourself. Now let me tell you the second process, what are we doing that for example We will try selling the mobile to one of our customers here in UP, okay? What will we do, if we try to sell this mobile to some customer in UP then we will again You will press f8 and after pressing f8 you will take the sales voucher from here and enter it You will enter the party account name and create your account like a Somehow daters are fine in this way or daters and made of UP only entered The screen will appear under enter, just keep in mind that its state should remain Uttar Pradesh After entering the required details, you can come down and give all your details here. We will have to update the laser once again so after coming here click on control We will press enter and here we will apply GST first, okay and We would have selected this mobile phone as we would have taken the goods in type of supply This is what we just created, after entering A15, let's choose go down from here. Quantity: We are selling two quantities. The rate we have set is 18000 and we pressed enter. did enter now I want to explain one thing to you like we bought a mobile for Rs. 15000 We bought it and sold it for Rs. 18,000, so what if we get more GST Nor will we file returns for whatever excess comes to us with the government We will enter this and we will apply CGST and SGST on it, if you take CGST then look at 18 Out of the CGST, your CGST is deducted on 9, the total which is levied on 18 is included in that Now if you select CGST and SGST on 9 then SGST will be half half on 9 Yours will be done here, now we will show you the balance once by going to the balance sheet Went to the sheet and from here now you can check like if we check our current liability If you do this, you will see that the liability for duties and taxes will also arise on you. Here it will show you in this way what is it showing that what name you have given in IGST What have you done, the side is coming, how much IGST have you paid 13230 ok but how much CGST SGST have you received 3240 3240 ok So the total amount is Rs 6480. Now you have the entire IGST amount that you have paid. has it not come to you, would it be that whatever you have received from CGST Adjustment in this IGST means your sorry I just whatever you have paid, that is your You will file a return for the balance after adjustment, this is the whole process it is clear look back let me tell you once again that if you If you want to give it in item then how can you give it, for example suppose we purchase something We have entered 1001, we will purchase from them only, from whom would we purchase The supply is from daily itself so that we do not have to create ledgers again and again. Goods purchase is now here But suppose we are purchasing something like a mobile, then we have given the name here y a like this right under us vi0 of item b added said yes now we will not give rate here this time we will directly give item We will give the rate, we will not give the category, we will keep the nose in the unit and this time set alter I did yes on JST detail and here also in calculation type, it was on value In Taxability, enter the taxable rate here, enter 18, enter enter I did it and saved it. Go down. Here I chose quantity 10. What is the quantity rate? So we entered the rate here, like 29000. If you are getting a discount then you can give it, enter otherwise, now you have seen this time we IGST will be applicable here again as it is given in the item because this is our inter-state and I hit enter and Steve you saw how easily we can incorporate GST in this You can use GST and make adjustments if you have more GST If you get less GST then you will have to pay it after a month Returns will also have to be filed. Now the question arises as to how to print the invoice. We have to press double D. From here, for the sales entry that we have made, we will see You have to press Alt P and Enter. Now you can see some of your invoices in this way. It will come in which A15 is there, okay what is the rate, how much is CGST, how much is SGST That will be your final rate and here your percentage will also be calculated and will be correct. how much was it 36000 its total was 3240 on 9 it was on 3 so its 3240 on 99 is this In this way your tax has been calculated on 6480, if you have GST CGST If SGST is not coming like this then you can go to f12 and click there for this You can also enable/disable things here. From here you have to press f12. If yes, then you will see that here you will get the option of GST that print GST column If you want GST column separately then click yes and then print HS SSC then print state name and state code and print place of supply it You can also print tax invoice in base currency Print tax amount here For export invoice, you get all these options here, now enter once And you can see that here you are getting a separate column for GST. in which it is showing that the rate of GST is 18, okay in this way you can enter it You can do all the work and look here the place of supply is also written as the answer State code is being written and all your details are being filled here. As you have given, in this way we can use GST in our system Next topic is our round method. Now what is the round method? First of all we Let us understand about this, like what happens many times is that our invoice What happens in that is that our value comes in decimal number like I am giving you this one by one Let me show you once, like this is an invoice, now you will see in it that our The final amount is coming, look, it is coming written in decimal like this 27613 83 paise Now what happens if we ever get a bill like this What do we do, we don't pay because money is not useful these days or if our If there is a customer, he does not give it to us either because what he does is that ₹ It gives 7613 or else if you assume that you are making more money 90 paise 991 So what does he do with the money, he gives it in increments of ₹1 or if he is earning less money if yes then it gives it by deducting ₹1. In such situation we want that whenever we also if you make any invoice in your tally then what should be there in it that this money related invoice whatever your decimal value is, that decimal value may never come, what will happen in that where But this money is coming as written so either this money should be removed and it should become 8761 or then instead of this it becomes 8761 what would it mean in such a situation either by increasing by some money this Meaning it should be converted into the next rupee or after deducting some money it should become the previous rupee If it gets converted into then this is our complete rounding off method now rounding off There are three methods, first of all I will explain to you, one is down word one is upward and one is normal route downward what it does is that it moves the money subtracts and 876 will make it 13 what purd does is that This amount will be added and the total will be ₹ 7614 and that is the normal rounding What it does is that if the money is upto 50 paise then it will reduce it to 27613 and if it is more than 50 If the decimal value is more than paisa then it will be increased to 614, which means what is that 50 paisa If it does downward, if it does above 50 paise, if it does upward, then in this way From which your invoice will be generated or whenever you make a purchase or sale If you pass the entry then what will happen every time that your decimal value will not be there Now let us go to tally and tell you about our round off method What happens is that it is used in two ways, one is round off in tax Ledger and one is round off in invoice, so first of all we will tell you Here are the round of Intex Laser first of all let's take a look at the entry here And let me tell you how this will work for us and here, like I have said We took an invoice number of the supplier and entered the party account name as well. took party account like took ABS electronic key okay and or Then we think, okay, we did not use GST in this, so let's take something like this In which we used DST, so we took our Purchase Ledger with Supply Daily We took it and we selected any one of our items here, it is fine like this After selecting this item, we gave its quantity here that we would buy three We are purchasing quantity, we have put the rate here in this way like 14999 is fine Or else, I have entered 19999 and now see, money is generated here 9997 was entered, we have applied IGST here, now you have seen this Our IGST which is being deducted is coming 0799 46 paise Does this money have any meaning Can we pay this money to our supplier We will not do it, so what is our mind that no matter how many times we apply IGST or Every time CGST or SGST is imposed, this money should not come to us for the invoice The final amount should come in rupees only, let's see what we will do at the moment We'll come back from here and the first thing we're going to study is the rounding off method in Tax ledger so for this because there is talk of tax ledger so we will go to tax Okay, we will go to the ledger alter and from here we will save our tax ledger We will select it because what we are doing in IGST is purchase tax in IGST If so, we will go for the IGST one because our supplier is from Delhi and Here, when you come down, look here you get an option called Rounding Method As I told you in the rounding method, there are three methods of rounding Down word what will happen is that it will reduce the money and that only means money Reduce it. Suppose your ₹10 becomes 50 paise then reduce it by 50 paise. By doing this we will make it just ₹ 10 and there is one thing which we call upward which does what if ₹ 10 50 If you have money then it will increase those 50 paise to ₹1 directly and one is normal What the rounding does is that if it is up to 50 paise then what it will do is it will subtract it and It will directly make it ₹ 10 and if there is 5 51 paise above 50, it will increase it directly to ₹ If we change it to normal rounding here, we will show you This is how it happens, after this the next option will come, rounding limit, what does this do He is saying that if the money is increased then how much value should be increased, so I said up to the next ₹1 If it is ₹10 then it should be increased to 11 instead of 10 or if it is decreased then by how much should it be decreased Decrease it by the ₹ below it. Okay, in this way we will give one here and we will save it. After saving it, let's try entering it here once again Go to Inventory Voucher, Go to Purchase, Enter Supplier's Invoice Number Here Let's enter the party account name. We will take the supplier daily here. Enter While doing this, we will come down and take the goods purchase and from here again we will select our Item okay here we have given our go down go down a quantity we have again here But I gave three rates, what did I enter, 1999, I came down while entering, okay now We have again imposed IGST here, now you have seen that in our IGST, now The decimal value is not available because the amount of money that was coming here was 13 Since it was money we used normal rounding so what did he do that normal rounding What happens in rounding, he subtracts up to 50 paise, he subtracted it directly to 1799 if we had done it what would we have used in it if we had used it what would he do if he went upward, he would increase it, if he went downward, he would decrease it, as if We came to My GST ledger and pressed Control Enter and here we selected Normal Instead of rounding down he did upward rounding. We saved it. Now see what he did. did it, made it 10800 directly, now 1079 was coming, now it made it 10800 directly, this way This works if we assume we use the word down here, control enter Press and here we use down word, okay, this is our under group. It will remain the same sorry enter duties and taxes and come down and here if we enter it If you down vote it, see what it will do, it will make it 1799 again and you will get something This is how this rounding method works, so for now we will save it by entering I will do it and when you save it, it will always give you this warning about the tax amount Design matches the value calculated as per the set tax rate which is your tax The amount is not matching with that, okay if you want to see the analysis of this So you can press A with Alt so if you want to see the analysis of this then you can From here press A with Alt and you will get the complete analysis of this. How much money was being made and what is happening now, so look what this is showing Integrated purchase taxable amount was Rs 5999 7 in which your tax value was correct So it will show you the analysis in this way, for now we will save it and After saving, we will come out and now here we have seen that we have fulfilled our purpose How do we use our rounding method in the ledger? Now when it comes to invoices, let me see Let me tell you what happens is that when we purchase something, okay now we When we purchased it, what did we do while purchasing it, that means here what we did I had taken the amount. Okay. What did I take? What did I take? What was our item? You must have seen the amount that we had taken for that, the amount that we had adopted In this way he took the full amount of Rs. 19999 but we did not use the money here was if your amount is like this 19999 50 paise is ok if your actual If the amount is also in money, then sometimes we call it rounding in the tax ledger method means that if your actual rate is and that too if If it is coming in decimal then which invoice rounding method will you use for it Rounding Method in Invoice There you cannot use Rounding Method in Tax Ledger You can, that is why the rate that we kept here, we kept it straightforward, we kept it here Decimal value was not used because if decimal value is used So you can do that again through invoice, you can tax In the ledger, you can use the rounding method to calculate the actual rate. If that is also in money then you can use your rounding method in your tax ledger If you are not able to do it then we go back to the inventory voucher and now we will tell you If we have to do it in the invoice then how do we do it and why do we do it, so from here I have pressed F. This time let us pass the sales entry and see. OK Enter. did we take the name of the party account here we will take the name of the party account Just like we have taken the GST one here and entered UP and came down below After coming here we got good sales from here, we purchased the same mobile here and tried it Let's go down here and we will select ourselves. We have five quantities total. We will sell it in which we will take their rates here 990 50 paise Now rounding method is used in such place in invoice, if here If there is money here then the rounding method is not used in tax ledger Rather it will be used in these invoices which we are using, we have given our invoice here. The amount has been entered in the correct manner. If you want to change the amount now, So you can change it in this way, you can also change it to 75 paise, okay You can also do 73 paise for this, we have entered it, ok, after entering now this But we imposed CGST, we imposed CGST because we are from here, so you saw in which amount is it coming, it is coming in 9895 83 paise now we will put it here If SGST will be levied then that too will come in your money, it is obvious that if As much as CGST is coming, as much SGST is coming, we have to apply it here on these invoices So for this now we create a ledger of rounding method here okay when our this one The amount is expressed in rupees, so we do not use the rounding method in these tax ledgers. rather we create a separate ledger of rounding method dc from here We will press and here we will create a ledger of rounding off under group It will be indirect expense, okay, we will enter it and here the option that will come below will be Seconds, we take the rounding off here and after taking the rounding off, we get here But we will take invoice rounding in type of ledger okay invoice rounding we will take We will take it and after taking it, now look at the option that will come below, which rounding method will you choose in it If you want to take it, downward, normal, upward, all three will work in the same manner, then we Normal rounding will be done so that if it is more than 50 paise then it will be rounded to the next rupee If the currency is less than 50 paise then it will be converted into the previous rupee, okay We will give the rounding limit one and save it, as we save it, you will see it here But his money will be reduced and your final amount will be in money. a 3745 will not come, it will be manufactured directly and come here 31 paise that you have has been deducted. Do you know what 31 paise means? Okay, you must be understanding this thing, what does 31 mean, we will do 80 Multiplication means how much money was made here, 83 paise was made, 83 paise was made when these two If the calculation is done then here he has subtracted 31 paise because we have taken the normal Rounding was taken and since it is 31 paise he has reduced it if it is less than 31 paise If it is more than 50 paise then plus it and after that you just have to save it. When you save it, you will again get the same option in the same way that If your tax amount is not matching then you can set it there. For now we will go out of here and I hope you understand this rounding method well. Now the next topic is our payroll. The next and last topic and the most important one. First of all let us tell you what is the work of payroll, payroll means salary Creating a slip: Now it is obvious that if you create a slip anywhere as a tally, Is it okay if operator will do the work or as accountant will do the work There you will also have to prepare a salary slip for those employees every month and For this, the payroll topic is used in tally. The payroll topic is very good. Payroll There are many things in this topic, for example, what is the basic salary of that employee How much DA does he get, how much salary does he get, how much TA does he get, how much conveyance does he get, PF, ESI It happens a lot of such things happen okay so what are all these things What all does one get and how much does that employee earn after all these things? We decide the monthly salary, payroll topic is very good so This is that in this you decide the percentage of employee's basic salary and DA HRA once. After this, next month you just have to enter his attendance and your salary will be credited The shift will keep coming on its own, this is the best topic and along with that I will tell you Let me tell you one more thing that I will tell you all this, like how much is his salary At what salary should EPF be levied, at what salary should SI be levied, as I have told this to children many times I have seen the comments that ma'am what is the name, PF is deducted at this much, ESI is deducted at this much It is not like that, it is not like that, so kids I will tell you just for one example Rest, you will have to follow all the limits and conditions in the company where you work. You will know the terms and conditions, I am just teaching you for example that Brother, if you want to apply for PF, ESI, DA, HR etc. then How do you apply it, so let's go, first of all we have to enable it first of all let me tell you that to read the payroll you need your copy pen and Keep it close because payroll is a very big topic and a lot of things are created in it has to be done and everything is done in a sequence and there are many options Which you can forget later on, so you should sit with your pen and paper and then read this Complete topic of payroll so first of all we will enable payroll for this we will use F Press and go to accounting features, here you will see cost profit The first option you will get in Center Management is Maintain Payroll, you have to click yes on it After saying yes, when you enter, the second option is enabled here, Maintain More Then one payroll and cost category just needs to be enabled, okay after that you Control you have to save it, after saving when you come back you will see Accounts Along with the info, you will also get a Payroll Payroll info along with the Inventory info. Like we will go to account info to create good means groups ledger etc. To create stock, we used to go to inventory info, similarly to payroll To create all the things you have to go to Payroll Info, now here you will see your Many options will come in front of you, we will take each thing in sequence first Unit is created in payroll, what is written in front of unit, work means you understand What happens is that there are units to count work or to measure work like for example what does unit mean that for how many days we have Job days are correct and how many hours in days did we work, okay, hours means For how many hours did you work, we have to make hours for that, after that one hour How many minutes are there in a month? We have to make minutes and our salary is counted in a month. If the month has to be prepared according to the amount then nothing is readymade in tally, every thing You will have to create it yourself, just give you Tally, you will get the option, you will get the platform, you will get this It provides everything there automatically, first of all you have to create it yourself Here you will type it in simple format and in symbol you will give the month, it is ok You should keep a note of all these things because our salary is paid every month. So simply we will give the month here and we will just save it, secondly we will give it here Let's make one with the name of days, we made the third one with the name of hours from here okay so we have made it fourth one we have made it here in the name of minute Pay attention that you have to create every thing like this, now after creating it You have to go back to type and from here you have to give what in compound compound a relation is shown, it is related, how it is related that he is told that there is 30 days of work in a month, 30 days of work This is done if tally does not know this then you have to take it in first unit month is ok now what is he asking you about the month okay how many days does the month have so you In the conversion you have to write 30 and what will you take in the second unit, days because what will you take Now what have we created here, what does month of 30 days mean, month is of 30 days I have saved it, I want to make another one. How many hours of work is done in your office in a day? Usually it is eight hours so I am taking eight hours here, rest you can take in your office According to this method, you can write 9 hours, 10 hours, 4 hours here, then you will write days of eight Hours okay third what we will make is how many minutes are there in 1 hour because As you know that if we are going to be late in the office then we can wait for less than 1 minute We get delayed for a full hour and if there is to be overtime, then that too if If we do 10 minutes, 20 minutes or 50 minutes of extra work then we will spend one hour If overtime of 60 minutes is applied then you have to tell how many minutes the hours of 60 minutes is 60 minutes Just like this, you have to make four simple units and three compound units You just have to create the unit, after this you just have to come out, our unit has been created now Second, here we have what we have here we will create attendance production types this But now we will go here we will create attendance production type now you think you must be wondering what happens in this, what happens in this is that when we go to our office So what does it matter to us? We are considered present, we are considered absent, we get casual leave Date is charged and overtime is charged similarly if you have anything else then email etc. You can also give that okay whatever your attendance production types are okay sl If there is a stick leap then you can give that as well, for now we are here with the main ones Let's make one, first make it absent, now what happens in absent, then in un Primary will be in absent, look here you will find four types, one is attendance Or will your leave with pay be counted as attendance or leave with pay? Will you get the money for absence? If you don't get it, then don't take leave with pay You can't mark your attendance and you don't even have to mark it as absent and take leave without pay, you just have to make it In period type you have to take days here because our absent present is for the day According to this it seems second here we will create our own present name in present What will come under primary and this will be attendance and leave with pay because present can either be counted in attendance or it can be as leave with pay but this in which is it, if it is in attendance then because both are given in one so we are in attendance We will take period type days in this, third we will take casual leave here, now okay now What is casual leave? We call them casual leave which is given to you by the company. It is called casual leave so in which category will it come, leave with pay so here we take this We will take it after this we will make more of our own here as it sounds late in the name of late But what is our late attendance, leave with pay is not there, leave without pay is not there So this goes into production late and overtime always goes into production and in this We take units of hours of 60 minutes because our late over time is in hours If it takes forever then we call it hours and if it takes 60 minutes in hours and minutes then we call it hours of Let's take 60 minutes here. Okay, after that we take over time here. Over time. Here we have taken production and you give 60 minutes in just this way you can save all your You have to create the unit and after this you have to come out from here and create two things After this now comes the matter of Pea Heads and Pea Heads produce the most juice so You must write down what is the meaning of pay head and what all is to be given to the employee Whatever they get and whatever else is deducted from them, it all goes to pay head and we make it first. In this, what is the basic salary of the employee, so we have made it here First we entered the basic salary, here we will take the basic salary of the employee What is there to see, there are many lists of pay head types reaction from employees Earning for Employees Stated Reaction State Contribution Gratuity Loan Advance If we get reimbursement to employees then we would have to pay income tax as income tax What is the type of basic salary? It is fixed and does not change frequently. We will not take variable every day, we will take fixed, what is under, what is it for the company Is it a direct expense or an indirect one? I have told you earlier about a company Salary is always an indirect expense because it is regular, it is an effect Net salary Yes Name to be displayed in payslip What do you want to show in the payslip If you want basic slip instead of basic salary, we will show you basic salary as well For the calculation of gratuity, we are not even telling you the calculation type You have to take flat rate because salary is always flat rate and not computed value There is user defined value, it is neither on attendance nor on production that is your flat rate basic salary brother what is basic salary means you You went for an interview and the company told you that your salary is 50 + 10 which is the basic salary but it is basic We never get our salary, we get our net salary, there is a lot of it in our basic salary Things get cut and many things are added, all of them combined make up our net sale Basic salary is just a flat rate and this amount is counted in your months. Here you will give the calculation period month just save it here after this second we will now What will you make from here HRA HRA is House Rent Allowance which is given to an employee A sum of money is given by the company for living, that means house rent, okay a Earning is fine for the employee and the income time is fixed and on the part of the company There is an indirect expense which affects the net salary. Yes, but in which case does it affect the net salary? This is the calculated value because the company gives HRA, you know The company gives us 5% of the basic salary of 50 employees but we give it to Acher or we are giving him an etcher for 10, in this way the etcher is given or the value Look, the company can also give it like this, giving 500 pickles to everyone, giving one Haj to everyone If yes, then it is possible that it may be given as percentage of basic salary or else it may be The company can give thousands of rupees to everyone as per its wish, after this you will see here You have to take on the specified formula in the add pay head, you have to add the basic salary here And the end of the list has to be made because HRA is given according to the basic salary now Look here I am asking you whether your company also provides services in this manner Those whose salary is more than 50000, those who earn 10% or more i.e. those who earn up to 1 lakh, i.e. from 50000 Theirs is up to 1 lakh, theirs is on 10, these have 1 lakh to 2 lakh, theirs is on 20, if it is like this then you are like this you can also do that, after that slap type that the company gives you four in your percentage that Right now we will tell you the value in percentage, later we will also tell you the value I said that in our company it is 10 rupees per bar, it is fine, I gave it for 10 rupees and just saved it. Multiple we did not give rates here next we made conveyance here okay Here we have created the conveyance, we have entered it in this manner, what is conveyance The learning is fixed, okay, now what is the conveyance also, I mean for an employee What is conveyance for indirect expenses? What is conveyance? What is conveyance? What happens is that conveyance comes at our flat rate because conveyance is such a thing that What happens is that at the end of the month the employee tells us that brother, we have earned so much Conveyance means rent if we are doing field work outside for company work So whatever rent we incur in it, we convey it to him, now he is an employee At the end of the month, whatever is told is given, that is why it is given in flat rate It remains and in which conveyance your count is done, this also in months, you can also here in this But give it a try and save it. Are you also dreaming of making a career in data science? If you are a graduate and want to join top IT companies then why are you worried? Yes, you are understanding it absolutely right, this is T Point Tech where you will get to learn AI Machine Learning python-pip Towards your dreams okay then comes your third one here is DA which we call dears allowance okay dears allowance which is dearness allowance The company which tells its employees that when inflation increases then everything is average For this, the company deducts a deduction which we call DA or Dinas from the earning of all the employees. It happens okay, earning for employee is fixed, this is also your indirect Expenses are incurred. If you want DA to be shown in the DI pay slip, then you can pay your DA here. You can, okay, and what happens is this also happens to you, as computed value, okay Entered the specified formula and basic salary is also your basic If you get it only on salary then list it at the end, if you have such condition then I I will also tell you the conditions, what is he asking, assume that we gave that How much are those people getting whose salary is upto 20000? This is what they are getting. Those whose salary is Rs. Greater than and how much is it up to 40000 they are getting 5 but in this way you can here But you can create multiple conditions, we will create more than that, otherwise we will just press enter You will save it by pressing enter enter. I have told you how to make it. After this, EPF will be generated here. Okay, do you know what EPF means? Employee Provident Fund, here we will give Employee Provident Fund, now see this There is such a fund which is deducted from the employee's salary There is no earning and the EPF company deducts it from you every month at around 10 to 12 and after that Later on, the company will give you interest on the EF deducted every month. It keeps on happening and the interest keeps on increasing then when you get a company or when you get a job If you leave on time, the company gives you the fund which we call retirement When we get our fund, it is our EPF which is deducted every month. We add interest to your fund and whatever you get in lakhs later on is your fund If it happens, then we call it EPF and EPF is done on behalf of the employee. Deduction is a deduction for the employee, it is deducted from the salary of the employee, so we call it Employee state deduction will be fine, if it comes under this then what is it for the company The company will have to return it at some point in time, so it is a liability for the company Because that EPF is there now but in future it will return the current amount also Liability name to be displayed in pay slip we will do it here EPF is ok here You can also do PF here, whatever you want to do, if you just click here If you want to start Provident Fund then you can see Provident Fund here, I am telling you everything. I am just for the purpose of learning how you can apply all these things in it The rest is up to you as to how you are made to work in your company. PF is always If your value goes in percentage or in value then it has calculated this value as its own You took on specified formula okay basic salary given end of list and In this we have paid our PF which is deducted at 12, okay after paying at 12 Give it to me or 10 whatever and we saved it next we will create over time here We each made our own thing here next we work overtime on overtime pay on company When you ever work more than your shift, more than your working hours, then Earnings for employees are fixed but what is the company's perspective? It is a direct expense because overtime is never charged to the employee, so It is neither permanent nor regular, hence it comes under direct expenses Affect net salary yes overtime pay no and in which overtime pay we will give it then we will give it We keep the production on as you know overtime and late, always on production It is kept in and here we have created its attendance production type over We will select it in the name of time and just save it. Next we will create it in the name of late. What is this for the employee if there is a deduction for the employee then we You will keep the deduction from employee and this type will come under current asset It will be a current asset, do you know why, because when we are late, the company benefits from it What happens is that it deducts money which they are not required to return and thus the company's assets get stolen. This increases the current, brother, he deducted ₹1, when ₹1 went into the company's pocket Asset includes net salary, name to be displayed in pay se late and this type also It will come on production and later we will make the next one here. What will we make here ESI, next we will make it here ESI, ESI means This is Employee State Insurance. Now I will tell you what it means. There is Employee State Insurance, so look at what happens in one way, this is one way This is done through a type of insurance for your medical like the government or company takes it from you Every month your ESI is deducted which is approximately Rs. 0.75 and all By adding all the things, you get deducted up to 3%, so this is one such deduction that you can make from your account. What happens is that the company deducts 0.7 from you so it is 3 in total but in return it gives you That medical treatment is free in SI's own hospitals, if your ESI If ESI is being deducted by the company, then in return ESI gives you a card in which your This can be the name of the family members whose name you are giving to your wife's children or the husband of the person who also gets free treatment in ESI hospital There is a treatment which has a limit, okay now what is this employee status There is a deduction, okay, what will be there in it, current liabilities will be entered in it Here we will do ESI, it is called as computed value and I will tell you Let me tell you that ESI is deducted on total four things, on which thing is it deducted, so on After specifying the formula, you have to add four things here, one is basic Salary after that in add pay head you have to take second HRA then you have to add pay head Then you have to convey and then you have to head to the add and then you have to take the oat then ESI There is a deduction on these four things, okay, we don't have to pay any of that here in percentage We will give it 0.75 here. After doing this, we will save it. We will give one last thing here and create a professional and enter the professional tax What is professional tax? Employee's straight direction is entered here What will we do? We will enter this in current liabilities. Professional tax has been entered and the professional tax is current We will enter the deduction on the earnings total and after doing this we will enter some percentage like this or this time we give the value we have given 500 here and this We will save it here and now we will create the employee category. The meaning of category is this This happens when your business has multiple branches, then you can create it here. you can do it by category, if it is not there then it does not matter like here in the first category Let's create the name of the head office. Just create it and save it. If there is another one, you can create another one. You can also create branch office names in this way by entering 'Branch Office' We have saved it like this and now it comes to the employee group, what does group mean Post means the post on which the employee works as there are multiple groups So we create it here and we will take it in category like head office We will name the group HR. HR is the manager and data entry operator. Computer operator, supervisor, in this way there are groups of sub employees Under this, you have to take primary defined salary details that you can get salary from here You have to give details, that means if you want then you can give details of your HR post wise also You can give salary. If you want, you can also give salary employee wise. If you have two, three or four employees and you want to pay all of their salaries together, you can If everyone's salary is equal then you can define the salary here in HR itself Everyone's salary is different, so you can give it employee wise, okay, so we have created an HR We have created a manager here, in this way you can create your own, now the matter comes From here our next task is to create an employee. Employee means whom you If you are paying salary then we will create the employee from here but you can create the employee from here We will take which category it belongs to, I asked the head office what is its name I have given here like Chetan name, display name in reports, its meaning There will be a slip on the display which will be the report, what name should appear in it under What is it, I said it is HR, what is his joining date, so You can give the joining date here as I have given any one here. The joining date was given as 1st October only, never mind, 1st October 2024, see now You can also give his salary details from here PS if you do then see it from here Complete salary details will come but we will not give it from here, we will give it to you from outside once We will tell you how you can provide the employee's number from outside as if every employee There is a number, which means all the 50 employees have their own identity. What is the designation of the person who is known as the employee number? what is its function i.e. what work does it do what is its location what is its gender You can give male gender here, you can give all the things here like function His gender is all these things that you want to give, what is his date of birth So you can give it in this way from here, what is his date of birth and blood group You can give that, what is the father's or mother's name, what is the spouse's name, you can give that here You can give the address of your wife or husband here if you If you want to give it then it is okay, in this way you have given the Noida phone number here, if If you have it then you can provide it here. If you have an email then you can provide your bank details. If you want, you can give it, PAN number, UN number like PF account number, ESI number etc. You can pay everything here, after paying we will come out and now we will pay salary here But define it, you can see here the option of salary details is coming, payroll In the info itself, you will also get the option of salary details here, you enter here You have to do it and you have to click on define whose Chetan are you defining then Chetan Will go to the effective date from when his salary should be paid from 1st October Look in the head, all are our paid creations, we will keep taking the basics of all one by one Now, we will have to take the salary from here to all those to whom we have given flat rate Like I gave, his basic salary is ₹ 40000, okay after this we entered, now we talk When it comes to conveyance, we had given flat rate in conveyance also, so we accepted that He said that his conveyance amount was ₹ 600 and after that we gave the dearness allowance If you had given percentage then he will not ask you and we had given age calculated value for it ESI age calculated value was given, even that will not be asked, HRA will also not be asked, it will be late He will ask how many hours he was late, so like I said his delay is 10 hours, okay. After overtime, I said 5 hours of overtime and in this manner we gave it to him. It comes to that by clicking enter we will come down, after coming down we have given provident here The fund will not ask about that and it will not ask about professional tax either because we have already paid it all So whatever flat rate you were given, you have to pay it from here, rest you will get it automatically Everything will automatically appear in the payslip While entering you have to save it from here now you have to come back from here like this After doing this now you have to create a voucher, so to create a voucher You have to go to Payroll Info and you have to go to Voucher Types and from here you will get a voucher You want to create a payroll. You have entered a voucher in the name of the payroll given here. Well here there is a voucher in the name of payroll which is already here, that means here But if it is already made then let's do one thing, we can make the payroll here like this, okay Sorry payroll salary exactly this way we have created it in select type of voucher you You have to take the payroll here, you can take the payroll in the correct abbreviation, there is no problem in that And in the method of number voucher you will have automatic manual overwrite after that enter When you enter, you will go forward and in the last option you will see Name of Class If you want you can create a class with the name of salary then you have to write it here You took salary in the name of salary, after that you will not get anything in exclude these groups You have to take the end of the list. You have to list the end of the list in include these groups also. And in the ledger name, however you are making the payment, be it in cash or from the bank, you You will select it here and just save it, after doing this you will have to do it again You have to come back and now this is your 10th step. Look, all our steps were going on till now. We have completed nine steps in this, this is our 10th step, so now we will come On the payroll voucher entry so from here we will come to our payroll vouchers payroll We are here on vouchers now what do we have to do here we have to do it here Attendance bill, you can see that we have to fill the attendance here first Sorry, this is not our medicine, it will be the new step, it will not be the tenth, now we will come here You will fill the attendance from this, you can see the shortcut for filling attendance is control p f5 what happens is we pressed it now look from here you have to choose the employee first of all you Here you can give whatever amount of absence he needs since you had given him casual leave earlier that The employee gets a casual leave, okay, after that Chetan selected his How many absentees are there so you have given here his three absentees are okay then you have given Chetan After that now you will have to lie down here for how many hours so you have waited here I have paid him his late time, now you come back again Chetan but if I have to pay his overtime from here then You have given him his overtime, okay, let's come back to Chetan and see if there is anything left. What present should you not give because the meaning of present is other than this Whatever remains is all present, you just have to fill its attendance in this way Yes, you have to give it, just keep in mind that the date mentioned above should be correct, so the date When are you filling his attendance then you should have given the date of 31st October here Okay, because we are making the attendance for when, we are making the attendance for October You have to keep the date of October here only. Okay, now you have to press enter here. And you have to accept it here, okay now we come out here and go out Before coming here now we will do the voucher entry of payroll once It means that all the things that we have given in it, they are all calculated here. It should open. You have to press control f4 from here so that your payroll voucher will open. It happens from here you have to take your payroll and after taking the payroll now you have to take it here You have to press A with Alt in it, your name will be payroll here. After class, here you can give your class, whatever class you have created, you can give it on payroll You can also take salary, okay here you will take your class with salary, after this you From when to when are you making attendance here, you are making salary, you will give that 1 You can provide the dates from October to 31 October and their categories here. You will give that, here you will give the name and here you will enter, you will enter now You will see his full salary calculated here, we have auto filled it here But you can see the basic salary is 40000 conveyance amount and he got 000 like you Percentage would have been given, okay, after that the employee's ESI is deducted this much by HR late Overtime, you can see all the things here and by writing it here Pay period is coming from 1st October 24 to 31st October 24, after this you have to save it Now the last step is how do we print the slip for it If you do it then after saving you have to exit and then you have to go to display But from here you have to go to Payroll Reports and then you have to go to Statement of After going to Payroll, you have to go to Pay Slip, click on Single Pay Slip All you have to do is select your employee and press enter. Now you can see his pay. The slip is ready, the things that you have given are coming out as filled, on one side your Gross salary is coming on one side and your net salary is coming on the other side. Gross salary means total The amount of your earnings is your gross salary of Rs 4600 and this is your net salary It means deduction of all the deductions from the earnings. After deducting all that, your net salary is your net salary. 0965 which will be given to him, this is always done, you can do this by pressing all ps p You can also print it, if you enter then you will see his pay slip in this way It is ready here, now if you want to print it then you can print it You can also save it and keep it, if you click on print If you have a printer then it will be saved, if not then it can be saved in this way If your system goes bad, I hope this tutorial will be very helpful for you. It must have happened and in reality these three hours of yours would not have been wasted, rather you would have wasted them You must have learned a lot. If you find this video helpful, you can share it with us. Please do let us know in the comment box and if you don't like it or anything else If there are any shortcomings, then you should also tell us about them in the comment box, that is basically whatever you have Please share your feedback about this video with us. If you liked it, then definitely share it with your friends and relatives so that they can share it with you. So that we can also learn along with you and don't forget to subscribe the channel See you in the next tutorial, till then keep learning and exploring we will see you soon have a nice day bye