Prepared By : Uday Shah (HOD - IT)
Contact No : 7600044051
E-Mail : rupareleducation@gmail.com
Tally F11 Features.
General Accounting Features
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Option
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Functionality
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Additional Information
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Maintain accounts only?
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Enable this option if you do not have any inventory
transactions.
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Integrate accounts and inventory?
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Enable this option to include the stock or inventory
balance from the inventory records.
Provides a drill down to the stock registers from balance
sheet.
Disable this option to maintain accounts
and inventory separately.
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Stock records often contain compensating errors caused by
wrong allocation to items. This feature enables finalization of financial
books without waiting for the reconciliation of stocks.
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Use Income and Expenses A/c instead of Profit and Loss
A/c?
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Enable this option to display income and expenses a/c as
the menu item instead of profit and loss a/c in the Gateway of Tally
menu.
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Income and expenses statements are generally used for
non-trading accounts and profit and loss a/c are used for trading accounts.
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Enable multi-currency
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Enable this option to enable working with multiple
currencies.
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Outstanding Management Features
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Option
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Functionality
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Additional Information
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Maintain bill-wise details?
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Enable this option to display the option Maintain
balances bill by bill in all ledgers created under sundry debtors and creditors.
When you enter details of sales and purchases with the
bill wise option activated, Tally.ERP 9 prompts you to identify the invoice
with an appropriate reference number.
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The reference number can then be used to allocate
payments to the correct invoice to maintain an accurate account of
outstanding.
Bill wise details for non-trading accounts is useful
when one needs to track either an installment to be paid or a loan amount to
be received over a certain period of time.
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Activate interest calculation?
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Enable this option to calculate interest automatically
based on the interest rate and style of calculation specified.
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The advanced parameters are useful when interest rates
change from time to time. Set this option to Yes to
enable this function.
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Cost/Profit Centres Management Features
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Option
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Functionality
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Maintain payroll?
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Enable this option to maintain payroll information in
Tally.ERP 9 for the selected company.
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Maintain cost centres?
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Enable this option to maintain and allocate expenses to
cost centres.
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Use cost center for job costing?
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Enable this option to track all income and expenses.
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Maintain more than one payroll or cost category?
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Enable this option to create more than one Payroll or
Cost Category.
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Use pre-defined cost centre allocations in transactions?
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Enable this option to define Cost Centre Allocations.
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Show opening balance for revenue items in reports?
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Enable this option to display the opening balance in Cost Centre report for the cost centres which are allocated
to the ledgers, grouped under Income and Expenses
Group.
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Invoicing Features
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Option
|
Functionality
|
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Enable invoicing?
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Enable this option to create Sales and Purchase
vouchers in the invoice format.
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Record purchases in invoice mode?
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Enable this option to enable voucher class option in
purchase voucher type.
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Use debit and credit notes?
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Enable this option to use the debit note and credit
note voucher types.
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Record credit notes in invoice mode?
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Enable this option to create credit notes in invoice
mode.
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Record debit notes in invoice mode?
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Enable this option to create debit notes in invoice
mode.
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Budgets & Scenario Management Features
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Option
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Functionality
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Maintain budgets and controls?
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Enable this option to create multiple budgets. The
Budgets menu option is displayed in Gateway of Tally > Masters Info. > Accounts Info. menu.
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Use reversing journals and optional vouchers?
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Enable this option to display the Scenario
option in Accounts Info menu.
You can create and alter scenarios. You can record Reversing Journal and make
it Optional for the entries to not affect the books.
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Banking Features
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Option
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Functionality
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Enable cheque printing?
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Enable this option to use cheque
printing.
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Edit banking features?
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Enable this option to alter banking features.
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Set/alter post-dated transaction features?
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Enable this option to record post-dated transactions
and view related reports.
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Other Features
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Option
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Functionality
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Enable zero-valued transactions?
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Enable this option to allow zero valued transactions in
vouchers.
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Maintain multiple mailing details for company and ledgers?
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Enable this option to maintain multiple mailing details
for your company and ledgers.
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Set/alter company mailing details?
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Enable this option to create or alter Address
Types.
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Enable this option to print the company logo on the
selected vouchers, reports, and invoices.
Specify the path of the logo image file in the field Location of logo. For example,
C:\Tally.ERP9\CompLogo.bmp. The company logo is printed on the top left of
the respective voucher, report, or an invoice.
It is mandatory to save the logo as Bitmap
or JPEG image file. Ensure that the extensions .bmp/.jpg is specified while
providing the location of logo. The recommended size for logo
image is 96 x 80 (Width x
Height) pixels.
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General Inventory Features
|
Option
|
Functionality
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Additional Information
|
|
Integrate accounts and inventory?
|
Enable this option to include the stock or inventory
balance from the inventory records.
Provides a drill down to the stock registers from
balance sheet.
Disable this option to maintain
accounts and inventory separately.
|
Stock records often contain compensating errors caused
by wrong allocation to items. This feature enables finalization of financial
books without waiting for the reconciliation of stocks.
|
|
Enable zero-valued transactions?
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Enable this option to allow zero-valued transactions in
Inventory vouchers.
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Storage and Classification
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Option
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Functionality
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Maintain multiple Godowns / Excise Units?
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Enable this option if you have more than one stock
storage locations or godowns, and you want to track stock movement across
these Locations.
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Maintain stock categories?
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Enable this option to create and maintain stock
categories
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Maintain batch-wise details?
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Enable this option to maintain batch information
pertaining to Stock Items. Is Making Goog Progress with Ms.Office new field
Maintain in Batches is displayed in the Stock Item Creation screen.
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Set expiry dates for batches?
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Enable this option to set expiry dates for the batches.
This displays an additional field Use Expiry Dates in the Stock Item
Creation screen.
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Use separate actual and billed quantity columns?
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Enable this option to specify quantities, that are
different from those delivered/ received, when invoicing.
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Order Processing
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Option
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Functionality
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Enable purchase order processing?
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Enable this option to create purchase orders. This
feature can also be used for pre-closure of purchase order.
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Enable sales order processing?
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Enable this option to create sales orders.
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Enable job order processing?
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Enable this option to create job work out or in orders.
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Invoicing
|
Option
|
Functionality
|
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Enable invoicing?
|
Enable this option to create Sales and Purchase
vouchers in the invoice format.
|
|
Record purchases in invoice mode?
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Enable this option to enable voucher class option in
purchase voucher type.
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Use debit and credit notes?
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Enable this option to use the debit note and credit
note voucher types.
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Record credit notes in invoice mode?
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Enable this option to create credit notes in invoice
mode.
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Record debit notes in invoice mode?
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Enable this option to create debit notes in invoice
mode.
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Purchase Management
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Option
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Functionality
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Track additional costs of purchase?
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Enable this option to obtain a break-up of purchase
costs, without the need to separately debit ledger accounts for expenses.
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Sales Management
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Option
|
Functionality
|
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Use multiple price levels?
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Enable this option to create multiple price levels.
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Other Features
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Option
|
Functionality
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Use tracking numbers (enables
delivery and receipt notes)?
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Enable this option to use tracking numbers to maintain
the relation between delivery notes and invoices. This is available for both
purchases and sales.
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Use rejection inward and outward notes?
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Enable this option to record rejection of goods
separately and not through a common debit note or credit note.
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Use material in and out vouchers?
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Enable this option to record transfer of item quantity
towards the party and transfer material from one Godown (Location) to the
other.
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Use cost tracking for stock item?
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Enable this option to create credit notes in invoice
mode.
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Record debit notes in invoice mode?
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Enable this option to analyse the cost involved for an
item.
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Statutory and Taxation
Tally.ERP
9 supports the various taxes applicable in India. You can maintain accurate
books of accounts and generate error-free returns by detecting the missing
information in the transactions, if any, and correct them before filing
returns.
You can
use statutory and taxation features in Tally.ERP 9 by enabling the required
options in the Company Operations Alteration screen.
To
enable statutory and taxation features
1. Go to Gateway
of Tally > F11: Features
> F3: Statutory.
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