This helps you identify that you have opened the master creation screen from another master or transaction. In order to do this, you can apply a condition to filter records. Check different buttons when you are on different screens to know these options better. To avoid this, you can use I: More Details. Using Go To, you can search and find the things you didnât know Tally could do for you and discover new insights to run your business better.Know more →, TallyPrime comes with a wide range of banking features/utilities that help you manage all your banking needs easily. Similarly, you can use different key combinations to achieve what you want. After changing the data entry language, the values that you type in will get converted to the selected language based on phonetics/the corresponding sound. Select the ledger by which you are making the payment – ByÂ, Select the ledger for which you are making the payment – ToÂ. Further, you can group the items under Stock Groups and Stock Categories, if needed, for ease of management and analysis. If the letters you entered are present in the item but not in the beginning, then only the letters you entered will appear in blue. The list of ledgers in your business will be to account for different types of purposes like suppliers/creditors, buyers/debtors (party), sales (Sales Accounts), purchase (Purchase Accounts), bank (Bank Accounts), and so on. GOTO Feauture. In case you want to enable additional configurations for your ledger, as mentioned earlier, press F12 on the Ledger Creation screen. Product Information: Shows details of TallyPrime such as the installed release, whether upgrade is available, the application path, and the other Tally applications installed on the computer. Top Menu has options to manage your Companies, TallyPrime application, users in your Companies, and your data storage & sharing. it’s become a neighborhood and parcel of all businesses. Other options are to set the standards to be followed for the Accounting terminology in the product and date & number formats. For example, you can view only Payment vouchers in Day Book. On saving the voucher gets saved with a new voucher number. You can just enter the relevant transaction details for the one you are recording. You can press Alt+F5 for a detailed view/to explode all the lines in a report to show further details in the same report. You can create a Simple Unit or Compound Unit as needed for each item. Alternatively, press Alt+C. LIFO Annual LIFO Perpetual Std. Tally Prime allows the adding of features such as inventory batch numbers, processing sales and purchases order, and much more, depending on their evolving requirements. You can also synchronise the ledgers created at your head office or warehouse. You can easily access any part of Tally by typing in the search bar. Tally Prime users will experience a smooth GST reconciliation experience. You can start using the other TallyPrime features as and when you come across a business need. Tip: You can enter dates in different formats. Know more →, We understand that your business data is sensitive and ensure that you will always remain in custody of it. F4 to F10 – each one has a preset but different action in transactions, masters, and reports. On the other hand, consider a situation where you are viewing transactions in one of your reports. As in the case of Stock Items, you can import or synchronise the list of Stock Categories, if needed. Similarly, you can create other ledgers. Enter the name and Stock Category under which the new Stock Group has to be created. For example, consider a situation where most of your sales happen without orders. You can use multiple ways to create Stock Groups in TallyPrime. Tip: You can start creating ledgers with what you know. The details include the CURRENT PERIOD and CURRENT DATE, the names of the Companies that are open, and the last date of transactions in each Company. You can use the Stock Item for any transaction as needed. Enter – To drill down to the next level of details for the selected line. Tip: After creating a Company, you can use F11 to enable or disable any feature when needed. The simple answer is, press Alt+G (Go To). #TallyPrime #Tally Learn Inventory Management, Stock Management in Tally Prime. How to Upgrade / Migrate from Tally ERP 9 to Tally Prime? But the details in the voucher are removed, and the Particulars will show it as Cancelled. Similarly, when you are checking a ledger voucher, it would help if you can view the overdue receivables from the party, or post-dated vouchers for the party. Notice that every line in the report explodes to show further details. The Sales voucher opens with the same voucher number as that of the one use selected. You can switch many features on and off as you want or require. For example, if you specify 4-9, then TallyPrime will show the date, 4th September of the current year. In all reports, you can drill down to any of the source vouchers. Alternatively, you can use right-click to explode. In case there are masters or transactions that use the master that you want to delete, first delete the dependent master or transaction, and then delete the master you intended to delete. Once you install TallyPrime, activate the license, create a Company, and then you can start using TallyPrime features and record your business transactions. And you have doubts about a figure that is shown in the report. Using TallyPrime, you will be able to handle many such situations without the hassle of switching between multiple instances of Tally or the worry of losing your progress. Any master – ledgers and Stock Items that you need can be created as and when needed. What is Tally Prime. Select the Group under which you want to create the Ledger. If you want to see all details of a particular transaction, then select the line and press Shift+Enter. Ledger Management. Top 10 Tally Prime Features Search Bar The ‘Go To’ search bar is made available at the top of Tally Prime screen. You can just press the letter key to access the corresponding item. Once a report is open, you can print, e-mail, fax, or export the report. If you have not created the relevant items when entering the Sales voucher, then you can create it on the fly. Know more →, By increasing the efficiencies in accounts receivable, accounts payables, inventories, and several other areas of business, TallyPrime helps you optimise cash flows. You can start using the TallyPrime in a matter of minutes. Tally Banking Simplify Day-to-day Bank related chores right to your fingertips and eases transactions and processing. Tip: In TallyPrime, you can accomplish a specific task in different ways, and at different points in time. You can, however, enter any date, even earlier dates (for back-dated entries). For example, say you are recording your first Sales transaction. In the above example, the alias Daily Entries is listed, where the report that will open is Day Book. FIFO Perpetual. For example, in a seasonal sale many customers might buy the same set of items on a single day. In case you want to enable additional configurations for your Units, as mentioned earlier, press F12 on the Unit Creation screen. This will take you to the next level of the report that gives you further details. Tally Prime is an accounting software that has made calculations simple. Since TallyPrime does not insist on any master creation before you start recording your transaction, you can create the required Stock Items when recording the transactions. Fast and Powerful Business Management Software for your growing business, Enterprise Class Product to improve your business efficiencies, Collection of Connected Services for TallyPrime, Extend, Customize or Integrate your Tally, to meet specific business needs, Wide range of features to manage your growing business needs, TallyPrime makes it amazingly simple to create and record invoices. For example, say you are recording your first payment transaction. Note: In this topic, different options are used in procedures to open different transactions and reports, so that you get familiar with these.