Business is when there is sales of goods and services taking place so the sales transactions will be done with cash sales or credit sales. Since a business involves big transactions we need to keep a record of the transaction details
So tallyprime is an app that consists of all these features in hand. Have a look at: sales entry in tally
With this app, you can generate
- Sales Bills
- Reports
- Cancel sales bills
Record sales of goods
Tally Prime is an app with new modes like accounting invoice or voucher mode that can be used for recording services and goods but now we are forcing Item invoice mode to be used for recording sales of goods.
For cash sales, you can select cash or bank sales
For credit sales, you can select a party ledger.
How to record?
- Open sales voucher
Create voucher
Make sure the voucher you create is in item invoice mode
Enter the reference number and date
- Buyer details
Party name
Cash sales or credit sales ( choose accordingly )
Party details:
Dispatch details & Order details: it includes the delivery note number and order number.
Save
- Select the sales ledger to include the stock items
- Narration
- Print the invoice
Record sales of service
Tally Prime is a fantastic app with new modes like accounting invoice or voucher mode that can be used for recording services and goods but now we are forcing on account invoice mode to be used for recording sales of goods.
For cash sales, you can select cash or bank sales
For credit sales, you can select a party ledger.
How to record?
- Open sales voucher
Create voucher
Make sure the voucher you create is in accounting invoice mode
Enter the reference number and date
- Buyer details
Party name
Cash sales or credit sales ( choose accordingly )
Party details:
Dispatch details & Order details: it includes the delivery note number and order number.
Save
- Select the sales ledger to include the stock items
- Narration
- Print the invoice
Double entry mode
In terms of debit or credit, you can record the transaction in Tallyprime the main feature is
In this method, you can record a sale of products or services as a credit to the sales account with the service ledger and a debit to cash or accounts receivable.
How to record?
- Open sales voucher in DEM
Create voucher
Make sure the voucher you create is in accounting invoice mode
Enter the reference number and date
- Buyer details
Party name
Cash sales or credit sales ( choose accordingly )
Party details:
Dispatch details & Order details: it includes the delivery note number and order number.
Save
- Select the sales ledger to include the stock items
- Narration
- Print the invoice
Reports
A successful Business runs only where there are smooth and updates on day to say sales happening in the time with the given report it will lead to further development program.
With a report, you will be able to categorize on a monthly, quarterly, or daily basis the data.
- Daybook
- Sales register
Daybook
This report keeps daily tabs on all of your transactions. This report may be filtered so that you can see every sale that was made on a specific day.
Sales register
This report offers a thorough overview of the sales generated each month in your company. You may examine the voucher-wise listing of sales by digging deeper from the specified month. Depending on your company’s requirements, you may further customize the report to examine the data.
Edit
So one of the new features is altering or editing the data if there was an error or correction or addition of data, this option allows you to edit without re-doing it entirely.
Cancel
The party may have canceled the order, in which case you may need to revoke a sales ticket because you no longer require it so this option is also available.