Tally

Quick Ways to delete a company in Tally

Delete a company in Tally is an important task. After deleting any one or more companies you have to lost complete records from deleted company. If you don’t have backup of company then you cannot be recovered deleted company. You have to take care before deleting a company in Tally. There are different ways to delete a company in Tally. In this article we have to discuss them how to safely delete a company from Tally software. Read More

Purchases and Sales Entry with GST in Tally ERP 9

If you have advanced version of Tally ERP 9 then most of the person facing issue to make Purchases and Sales entry with GST in Tally ERP 9. All we know GST is applicable from the month of July 2017 in our country. In this guide we have to discuss how to start purchases and sales entry with GST in latest version of Tally ERP 9. Read More

Distinction in Capital Expenditures and Revenue Expenditure

Dear Friends, There are different types of expense made in our business like Direct expenses, Indirect expense, Capital expenditure, Revenue expenditure and many more. If you want to become a successful accountant then It is very necessary to know what is the distinction in capital expenditures and revenue expenditure. Read More

Depreciation Rate Chart on Fixed Assets of Income Tax Act

Dear Friends, today we have to discuss about the depreciation rate chart which is calculated on the fixed assets as per the income tax act. You know very well about the “Depreciation”. Depreciation is the amount which is deducted from the fixed assets annual on a specified percentage. So, today we talk about what is the percentage is used on different fixed assets as per the given Depreciation chart as per Income Tax Act for FY 2012-13.
Read More

How to make entries of Service Tax in Tally

Dear Friends, You know very well about the Tally software. At present time Tally is one only most popular accounting cum inventory software that handles the day-to-day all routine operations of any business unit very effectively. Today we will discuss about the Service Tax in Tally. After reading this article you will be able to easily make all necessary entries of service tax in Tally. Read More