stone crusher accounting in tally erp 9

122 best erp software 2021: reviews, pricing, demo

122 best erp software 2021: reviews, pricing, demo

ERP software stands for enterprise resource planning software. ERP is a business process management that helps to automate workflow, increase accuracy, the efficiency of office functions like billing, inventory, purchase, technology, services & human resource management in an organization.

Found our list of ERP Software helpful? Were here to help you make the right choice and automate your business processes. Lets discover some of the essential factors that you must consider to make a smarter decision!

ERP software stands for enterprise resource planning software. ERP is a business process management that helps to automate workflow, increase accuracy, the efficiency of office functions like billing, inventory, purchase, technology, services & human resource management in an organization.

ERP software integrated with organization computer systems and helps businesses in collecting, storing, managing and interpreting data from their various units, using a centralized database. It automates back-office tasks and streamlines workflows across departments. When optimized, the solution can drive efficiency, lower costs and increase profitability. It promotes healthy collaboration in your organization which is minimizing overhead cost, increasing productivity, decreasing redundancies and more.

With Cloud ERP software as a service, you can all its enterprise resource planning software functions online. Also, cloud ERP software requires minimal upfront cost, as there is no need to invest in computing resources and on-premise hardware.

ERP CRM:The CRM features of ERP solution helps organizations in boosting their customer service and profit per capita. It helps in managing leads, opportunities, and issues. The module provides you with a 360-degree view of your customers interaction with your company, by consolidating their data such as social media activity, purchase record and past interactions. In an ERP, CRM works closely with the sales & marketing module to fast track conversions.

ERP Billing:ERP billing solution feature helps to generate online bulk bills, invoices, and track customer payments, revenue, manage customer complaints, automate the payment reminders. It is efficient in areas like planning, material sourcing, production monitoring, and forecasting. Its key features include the ability to generate bill of material, shop floor control, master production schedule &, sales & distribution plan.

ERP Inventory Management:This module is also known as a material management module. It helps businesses measure stock targets, manage replenishments and other inventory processes. The module uses a products ID number to track and locate items in your inventory. This module is closely integrated with the Purchase module.

Purchasing:The purchasing module manages the functions involved in material procurement. These include quotation requests, master production schedule, analysis, purchase orders, and stock updates. It functions closely with SCM & Inventory modules.

ERP Financial management:This module of ERP software helps manage a businesss capital inflow and outflow. The module covers standard accounting transactions such as expenditure, ledger, bank reconciliation, balance sheet, tax management, and payments. It also generates financial reports for different departments

HRM:The HR module comes with standard HRMS features such as attendance and time tracker, employee database and skills matrix. Some ERP software also comes with performance trackers and payroll. The latter works closely with the financial management module

Sales & Marketing:The sales & marketing module handles relevant workflows such as sales inquiries, sales orders, and invoices. A more advanced ERP solution also features taxation rules and shipping trackers. Sales and CRM modules work in tandem, ultimately to speed up the sales process and help the company in generating more profit.

Integration:Existing software in your organization can be integrated with an ERP system. ERP that you choose should work seamlessly with existing software in your business. An ERP that can easily integrate with existing infrastructure, improve functionalities & ensure smooth file migration, will help your business in the long run.

Increases Efficiency:ERP Software integrates different business processes like accounting, marketing, sales, production and inventory into one platform. The software makes it easier to collect and access data, streamlining cross-departmental workflows, and maintain accountability across the organization.

Likewise, ERP solutions also automate redundant day-to-day tasks like manual data entry & report generation. Automating such repetitive tasks frees your teams time and lets them focus on their core deliverables. For example, marketing can access daily web traffic data without the tech teams assistance or, the accounting team can instantly access sales statistics without chasing the sales team.

Promotes collaboration:Top ERP software breaks down communication walls between departments. Databases are easily shareable while workstations are connected. Such a setup allows teams to easily collaborate with each other using the ERP platform.

Moreover, the best ERP solution further expands collaboration between remotely located teams and headquarters using a localized network. Inducing a culture of collaboration enhances innovation and teamplay and, makes businesses more competitively viable.

Makes accurate forecasts:ERPs reporting tools use filters and analytics to filter through data for inconsistencies. ERP software solutions also ensure that data updated is duplicate-free. With intact data integrity, report generation with realistic forecasts becomes easier.

Advanced ERP solutions come with business intelligence tools that use machine learning and predictive analysis to dig deep into big data. Companies with large data sources can use ERP to gain hidden insights and stay competitively viable.

Lower operational costs:ERP solutions can also be used to cut down costs. When different processes are streamlined and metrics are easily monitored, delays, disruptions, and breakdowns can be anticipated & its impact better managed.

Increases data security :ERP has firewalls and controls to guard against data hacking and/or breach. Having a single database means that access points are closely monitored, and security is concentrated. User permission rules can be defined, giving admins the flexibility to lock sensitive data and limit user access to information.

Upgrade vs Replacement:If you already have an ERP system, evaluate if you need to get a new one or just an upgrade. Most ERPs today can be simply integrated with a new module, with existing applications. This way, you can minimize costs & disruption.

Customization:Ensure that any ERP solution you choose, can work with your key business workflows. Go for an ERP that allows you to customize tools, localize dashboards and configure workflows. This will allow departments to define goals and use the ERP to improve their functioning.

Before you purchase an ERP system, ask the vendor for a trial run of the product or a free demo. This will allow you to be familiarised with the solution and better understand if it is suited for your business.

ERP software solution helps companies define systematic management options for the various resources in an organization. This helps a business generate more revenue and improve functional stability on the economic front.

ERP is important as it integrates the core functions of a business under one system. Using an ERP, businesses dont have to depend on an individual solution for different departments. Since most important departments are included in the platform, internal communication & collaboration becomes simpler. It streamlines workflow and increases the efficiency of an enterprise.

Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) have different approaches in contributing to a businesss functioning, but their goal is more or less the same to increase profits. ERP helps in reducing overhead costs while CRM helps in increasing profits by producing more sales volume.

PLM software comes first by managing product development and its processes and erp softwaremanages the supply chain including the inventory, pricing, and payments. Both these software integratesto provide the most up to date product data at any time.

inventory information

inventory information

The Inventory Info menu, lists the inventory masters like Stock Group, Stock Items, Units of Measure of the company, using which you can create, alter and display the inventory master details.

Note: The Inventory Info. menu is displayed in the Gateway of Tally , if you set Maintain Accounts only to No in the F11 > F1: Accounting Features screen.

By default, the settings pertaining to Inventory Masters are set to No .If you set them to Yes , the features will be enabled. Typically, they are additional fields that appear during Masters creation which enable you to obtain more information and detailed analyses.

audit trail in accounting software

audit trail in accounting software

Accounting or book-keeping is undoubtedly one of the critical functions of any business. The history of accounting systems dates back to more than 7000 years when accounting records were merely stone carvings or writings on a wall. We had come a long way from then, where the accounting records were maintained in hard-bound ledger books using the double-entry accounting system. But, the 21st centurydigital revolution has transformed the accounting process completely with the advent of accounting software.

Audit was prevalent when the accounting records were manually maintained, and the concept hasn't changed with the digitization of accounting records. However, the challenge is to perform audit through the computer system. Hence, the requirement of audit trail in accounting software.

The Ministry of Corporate Affairs in one of its recent amendment notifications (Gazette notification no. GSR 205(E) dated 24th March 2021) stated that for companies maintaining their books of accounts using accounting software, should use only such accounting software which has the feature of recording audit trail for each and every transaction w.e.f. 1st April 2021.

Such record of system activities is called system log. These logs help in fixing the accountability to individual users for the activities performed by them in the computer system. Also, the system auditors use these logs to reconstruct and examine the sequence of events occurring in a computer system to identify any unauthorised change or access. Hence, in a IT environment, such logs form the audit trail.

Tally.ERP9 is one of the most widely used accounting software in India by both businesses and professionals alike. Tally.ERP9 has its in-built audit feature known as Tally Audit. This feature is also present in the Tally Prime, the latest offering from Tally.

To use Tally Audit, enable the feature during Company Creation. In case of an existing company, it can be enabled by altering Company Info (Gateway of Tally > Alt+F3 > Alter). Tally will require an Administrator account and password to enable the Tally Audit feature. The Tally Administrator is a superuser account which has full access to all the modules in Tally, including the system administration functionalities.

After enabling the Tally Audit feature, use the Administrator account to define the roles of various system users (Gateway of Tally > Alt+F3 > Security Control > Types of Security) and tag these roles to the various user accounts (Gateway of Tally > Alt+F3 > Security Control > Users and Passwords)

Apart from the Administrator, there are primarily two types of user roles in Tally.ERP9 - Owner & Data Entry - each of these roles have their predefined settings. However, custom roles can also be created to complement the organization structure. Owner is a predefined role for data owners having full access to all data, reports, etc. Data Entry is a predefined role for accounting clerks or data entry operators having access usually restricted to voucher entry or alteration.

Once a transaction is entered, and such transaction is accepted/approved by the Owner or Administrator, any changes after such acceptance/approval will appear under Audit Statistics (Gateway of Tally > Display > Statements of Accounts > Tally Audit > Voucher Types) showing the name of the user who made the change along with the date on which the change was done.

Hence, unless new updates are released, it is difficult to maintain an audit trail as per the MCA requirements in the existing Tally ERP.9 or Tally Prime. However, there are TDL Add-ons available from various Tally Developers providing the feature of tracking voucher alteration history, and these add-ons can counter most of the drawbacks explained above.

tally erp 9 online course let's tute

tally erp 9 online course let's tute

Our expert tutor Mr. Neerav Doshi will guide you and empower you to master one of the best finance software in the market- Tally ERP 9. Our tutor has left no stone unturned while creating this course to make sure that you learn the concepts for life

basic rules of accounting entries

basic rules of accounting entries

Basic Rules of Accounting entries are the foundation stone to learn accountancy and software to manage your account. Without learning Basic Rules of Accounting entries, it will be difficult to manage accounts no matter how powerful accounting software you are using .

We have already seenBasic Rules of Accounting entries and groups in tally. Understanding basic rules of accountancy is a necessary process and one should take thetrouble to go through the basic rules of accounting before starting a professional course like Tally.ERP 9. Without learningBasic Rules of Accounting entries, you are building a house without knowing about the foundation stone! I have seen so many users who straight starts working on Tally.ERP 9 without caring of basic and latter of they look for support here and there and mess up their accounts. I have posted an another article on how to start writing books of account will also help you to understand basic rules of accounting entries.

The Accounting classification is very necessary to understand the rules of Debit or Credit for any transaction:. So, what are the Basic Rules of Accounting entries ? A) Individual Accounts In every individual account, there is two possibilities. One is gainer and another is loss er OR we also can say One is giver and another is receiver the THUMB RULE for Individual Account IS THAT

Credit the person who is giving and debit the person who is receiving. Suppose, you have given cash rs. 1000 to Mr. X, then in your books of account you have to Debit Mr. X Rs. 1000 Similarly, In the books of account of Mr.X he will credit your account by Rs. 1000 For your kind information, the entry is not yet complete as we have seen only one rule yet. B) Goods/Assets Account : The item of which we are trading is called Goods and item which we are purchase for use of the business is called Assets. For e.g. table and chairs are goods for a dealer who is into trading of manufacturing of furniture while office premises will be his assets.

Sir, I am Working women in my office we have accouts package, but I don't no any thing about this, So please kindly give me hints how to create ledger, and sales books and bank accouts and bills entry, because I am not having such position to go classes so please help me and send some basics & examples to my mail ID

hi, 1 to creat ledger first open tally 2 select accounting information selet ledger and creat ledger if u purchase from sai then sai is syndry creditor if sales to sai then sai is syndry debitor enter like this: sai syndry creditor

Bank reconcilation is the agreement between bank statement ang your cash book. Make sure you prepare your cash book very well, and check your debit side in cash book against credit side in bank statement and vise visa

sir, already i have tally 9 but i don,t know the properly working in tally. please help me in accounting vouchers entery rules with example thanks Beast reagrds Ahsan ul haq

Sir, I am working women in my office we have account package. I dont no any thing about this. So please kindly give me hints how to create ledger and sales and bank accounts and bill entry, because i am not having such problem to go classes. So please help me and some basics & Examples to my email id.

sir pls can u tell me in tally there is by default list of groups and list of voucher if we need to creat group,ledger & voucher so which group/ledger/voucher name will come under which group/voucher like capital a/c under capital a/c sir pls can u list all the group/ledger/voucher name n under which group/voucher list pls sir it will be of great help

Dear Sunil Pandit, I have written so many articles on how to enter various transactions in tally, how to create a company, how to create ledgers and groups? have you read those articles ? I dont know except this what kind of tips you are looking ? something like Alladin ka chirag ? Sorry, hard work is the biggest tip. you have to spent a lot of time to read various articles and after that if you face any confusion or problem then I am always available on chat to sort our problems. But I cant provide a magic to you all by which you will learn a software or accounts by reading a page!

Hi Sir I would like to know how to post advance entries in tally like rent advance , salary advance, one more thing if i get PDC cheques from Client then what will be entry & in which voucher it will be effect.

Thanks to provide this website it is very helpful to me .If you dont mind can i get your phone no. or email id. If i get any problem in the future then i will keep in touch with you. Its amazing website to learn each & everything in the accounts feild.once again thanks Ali

Dear RMa, You can definately learn tally.erp 9 for this purpose, you dont need to buy tally software. educational version is enough to learn the tally. First of all, please donwload the educational version from http://www.tallysolutions.com then create a company. You may refer my articles for further reference on how to learn tally

I have completed B.com in 2008, but i am working in accounts field. i am working in IT Software ( Online Marketing)company as a computer operator (Email Marketing). but my confidenc is very low with these work. i want to learn a professional course but i am on two way that what?? Auto CAD or Tally ?? Please advise me Please Please tell me right way

Dear Sir, I am requesting to you that please suggest me that how can i learn the tally, but one big problem for me that i dont know any thing in tally because I am a student of science belong from rural areas and now I want to learn tally and I also want to make future in this field

Raghvendra, You can learn tally by spending your time and by making lot of efforts. Spend as much time as you can to learn your self. then Go through various examples.Trial and error is the method to learn something. If you face any problem or confusion you need to give a VOICE to your problem and I am always here to solve it.

dear sir, i have a problem with bank reco in tally. in the last year all the pending reco entries were not carried fwd to the next year as i CREATED a new company and did not SPLIT the companyi then manually entered last years closing balance as opening balance in the new company. Now my bank reco is not tallying. The difference is the amounts which were pending in last years reco. Kindly help. I will be most highly obliged

Glen, In your newly created company in the bank ledger master alteration mode, you can specify the date from which you want to reconcile. Just put related date there.If you still face further problem, then please post your query on support forum of contact me on Gtalk at mkr2005

my bank reco problem is still not resolved inspite of putting the effective date of reconciliation..reason being the the pending reco entries were not carried forwardand the opening balances of the bank were manually fed into the new computerkindly helpthanks

i issued a pdc(of next month) to our supplier & vice versa how i may post both entries for the same ? i have purchased two items of one is 12.5% vat & anather one is of 5%, supplier gives a single invoice for the same, how i may post it?

hi, i i am working in accounting field & using tally ERP. i learn new about this package.new shortcuts in tally,& knowlege about in tally to accouting entries. how to enter all the transaction can u please send me the tips and instruction.i am working in tally but not expert in tally so can u help me to how bacome a expert in tally

Madhuri All information are available on the site https://www.tallynine.com. You have to spent time to find the related things. I do not serve ready mad food. If you face any problem relating to Accountancy or tally, then you should take trouble to give it a voice on the support forum Please do not consider Accountancy and Tally as easy as learning Abcdefg

i am working in tally package & i have good knowledge in tally. but i want to details knowlade in tally. to related report or entries. beacuse not use all funtion or keys in tally. i know accountancy & tally not easy like abcd

Madhuri There is around 4-6 articles on TDS on this site. Have you tired to read them or just posting your queries.. first do read it and if you face any problem just let me know exact what problem you are facing. But I do never provide any materials to any body nor I have any such materials. I post articles based user specific query they post on the site or from my own experience. If you need specific guidance,then you may contact me on Gmail/Gtalk ID at any time.

your help line is excellent.Please inform me various functions of F1 to F12 in tally accounting system. Please also inform me how to write day book and transfer those entries to ledger accounts/individual accounts.

Dear Sir, I am using tally erp 9 and i have a problem with manufacturing entries. We have manufactruing section but we do not miantain stock in tally now. I need to know how in enter row material , manufactuirng , Final product , and cost of Final product . ect.. Please hope you will reply me soon

hello, sir am learning basic tally but this is very different from my education i want to know that how can i want know about tally and what types of basic need in tally i want to work in tally can you help me to understand the tally courses thanks

I am an accounts assistant in Bahrain concern. I hereby thank you for your service on Accounting doubts. It is very helpful for me to improvise myself by some of the useful questions and answers.Really you have more patience to answer those irritating questions. Hats-off to you. Thanks Jeny

Glad to meet u, as i m working in Dubai as accountant i need your help to creat bank Reconciliation statement in Tally please contact with my email id and please give me your email id.Thank Youhope u will help me.

thanx for providing such vast information on Tally as i am new to this i want to know the complete detail regarding receiving patments, making payments, tds salary , proffessional,contract-non contracts,servicetax receiveable etc

Dear Sir, I am Working in my office we have accounts package, but I dont no any thing about this, So please kindly give me hints how to create ledger, and sales books and bank accounts and bills entry, because I am not having such position to go classes so please help me and send some basics & examples to my mail ID

I am taking in charge of a office at present. I don know anything regarding how to maintain all the accounts in tally. I finished my MBA last year. I know only basic to operate tally. please help me to learn how to maintain assets, income expenditure and all basic for administration.

Sir, I am working women in my office we have account package. I dont no any thing about this. So please kindly give me hints how to create ledger and sales and bank accounts and bill entry, because i am not having such problem to go classes. So please help me and some basics & Examples to my email id.

I am taking in charge of a office at present. I don know anything regarding how to maintain all the accounts in tally. I finished my MBA last year. I know only basic to operate tally. please help me to learn how to maintain assets, income expenditure and all basic for administration.

Sir my query is that is it possible to learn tally in one weeks time as i have got an job opportunity which i feel may be very challenging as i am not into core accounting so far. as i have only hanndled cash , imprest cash , counter sales.

Sir, What I need is a teacher who would make me understand (not learn)accounts right from the basics. I joined a class to understand accounts but I could not understand 5% of what the tutor was saying.Please guide me what to do.

Dear Swapan Kumar, As you mentioned that office furniture is an asset so if you buy something for your business as an asset the following journal entry will pass : Furniture A/c 5000 to Mr. Roy A/c 5000

Dear Sir; I am working in a construction company as an Payroll Accountant. Now i am planning to change my profession from Payroll Accountant to an Accountant. For this purpose i have some doubts; if you are giving your mail address or mobile number that is good for me; basically i have some doubts; the doubts is as followsi want to know what is the role of an Paybles Accountant; what is his duties? I am waiting a favorable and quick action against my questions

Presently I am Working on SAP (FICO) Module, i need to change my job on immediate basis because of market slow down, i have attend interview in one company there they are looking for tally back ground candidate, some how i got one more change to attend the interview in coming week, So kindly request you to help me on this, give me hints how to create ledger, and sales books and bank accounts and bills entry, Voucher entry and view the statements, and pass the entries, i need to get this job very badly for my future please help me and send some basics & examples to my mail ID as provide

DEAR SIR, AAP MUJHE TALLY KI KOI AISI FILE SEND KAR SAKTE HAI JISHME LEDSER BANANE SE LEKAR SAARI ACC. INFORMATIONS HO PLEASE SIR SEND ME EARLIEST THANKS AAP KE NOTES SE HI ME 1 COMPANY ME ACCOUNTS ASST. KI JOB KAR RAHA HU

Dear sir, I am working in an NGO as an Accountant and working in Tally 7.2. Actually here, there are payments done through cheque which are issued in one date and these cheques are cleared after 8 to 9 days and i do these entry as payments in tally due to which the bank balances dont match with the tally bank balance . so I want to ask u that where should i do these cheque issued entry so that bank actual balance and the bank balance in tally become equal. Please Help me.

Dear Prawesh, You should put cheque payment entries on date which your NGO has given into bank for clearance. And the next step is, you should tally these entries with Bank Statement later with the help of Bank Reconciliation step.

hi, My name is rajesh , I joined newly for accountant post in one company there is no tally software for that i downloaded tally software and started entering transaction but when i entered date other than Apr 1st,2nd then it shows error. pls help me sir. and also give me some information about licensed and free version

Mr. Rajesh, if your tally shows error after entering the date accept 1st and 2nd April it means you are using trial version or educational mode and for accepting all the dates you should install licensed version. if you want to free licensed so after installing the trial version you can crack it very easily.

sir is it necessary after passing sales, purchase & receipt ,payment entry we also have to pass journal entry for the same sir n can u suggest hw can we pass entry of petty cash vouchers , n if we make payment of vendor by cheque what will be the entry

DEAR SIR, i working on tours and travels company so i am doing the work on cashex accounting software some difficulties on software so pls help me and suggest to me balance sheet show how to view

Dear Sir i am working in transport company so i am work in accounts in tally erp 9 i will expert in all entry of income and expenses. i am only confusion in tax and tds entry only so pls sir help me and give me the solution of my problem

sir is it necessary after passing sales, purchase & receipt ,payment entry we also have to pass journal entry for the same sir n can u suggest hw can we pass entry of petty cash vouchers , n if we make payment of vendor by cheque what will be the entry

u want to reduce the capital.supose u captail a/c showing some amount but u whom wht to give the moneysupose u want to give the money u fahther ,,,so will be credit u father a/c and debited captial a/c.but one thing i tel u no one company reduce the captial if they reduced thje capital it will be affect tp balnce sheet

I want to know how to clear the entries on suspense a/c, which i know that the payment is received by NEFT through bank. If suppose the invoice amount is Rs.5950 and i have received the payment of Rs. 5808 deducting the amount as follows: Rs. 17.00 Postage Rs. 119.00 Income Tax Rs. 3.00 Surcharge Rs. 2.00 Primary Education Rs. 1.00 Sec & Higher Edu So please let me know how i have to enter in Tally Step by Step.

I AM WORK WITH TRANSPORT COMPANY , I HAVE 35 LORRY AND RECEIVE VECHILE FROM BROKERS SO , IWANT WANT TO RECORD IN TALLY ERP 9,, SO, HOW MANY LEDGER CREATE & WHERE IS POSTING .. BUT I GIVE THE MONY ON ADVANCE ON BOOKING OF THE TIME .AFTER THAT BALL AMOUNT AFTER RECEIVING THE DELIVERY COPY.. SO, PLEASE HELP ME. URGENTLY.

Sir, I am Hard working in my office i have account package. I dont no any thing about this. So please kindly give me hints how to create ledger and sales and bank accounts and bill entry, because i am not having such problem to go classes. So please help me and some basics & Examples to my email id.

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