PAYROLL

PAYROLL Payroll is the process of maintaining records of all employee salary under various pay head, all statutory and non- statutory deduction attendance/ absent record. Working steps:- Create a company and then activate payroll as follow: To Activate Payroll: - G.O.T. (Gateway of Tally)--> Press F11 (Company Features)--> Press F1 (Accounting Features). Create attendance/ production types as follow:- Path...

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JOB COSTING

JOB COSTING The job costing feature allows to track cost and revenue information down to the smallest detail. Costs associated with the planning, implementation and completion of a project or job are known as job costs. It includes expenses related to labour, material purchase, subcontractor costs, as well as other costs and inventory consumed on projects. You can track the costs/ expenses by assigning them to specific incomes received...

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MULTILINGUAL

MULTILINGUAL If we want to maintain the records of our company in more than one language in tally, then we use Multilingual option. Tally.ERP9 supports Indian regional languages which are following:- Hindi, English, Punjabi, Guajarati, Tamil, Kannad, Malayalam, Bengali,Telgu, Marathi & Urdu. To change tally language: - G.O.T. (Gateway of Tally)--> Press “Alt + G”. Various languages will be available on our monitor...

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EXCISE DUTY

EXCISE DUTY Excise duty is a tax on goods produced or manufactured in India and intended home consumption. Home consumption means goods sale in India. Excise duty is chargeable at the time of removable. Rate of excise duty:       1)    Basic Excise Duty: - Rate 16% (on assessable value).       2)    Educational Cess: - Rate 2% (on excise duty).      ...

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