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  • Tally Questions Zero Value, Billed and Actual Quantity PDF

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    Ajitesh anand
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    1) Zero value entries allow recording transactions where a voucher entry is made without any monetary values, but needs to be updated in company records, like offering one item free with another. 2) Actual and billed quantity entries allow recording transactions where the actual and billed quantities of items differ, such as offering additional items for free. Permissions must be set to allow separate entry of actual and billed quantities. 3) Examples are provided of creating accounts, items, and entries for zero value and actual/billed quantity transactions like offering one shirt or laptop free per purchase. Assignments are given to practice these concepts.

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    Tally Questions Zero Value , Billed and Actual Quantity PDF

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    1) Zero value entries allow recording transactions where a voucher entry is made without any monetary values, but needs to be updated in company records, like offering one item free with another. 2) Actual and billed quantity entries allow recording transactions where the actual and billed quantities of items differ, such as offering additional items for free. Permissions must be set to allow separate entry of actual and billed quantities. 3) Examples are provided of creating accounts, items, and entries for zero value and actual/billed quantity transactions like offering one shirt or laptop free per purchase. Assignments are given to practice these concepts.

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    © All Rights Reserved
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    1K views4 pages

    Tally Questions Zero Value, Billed and Actual Quantity PDF

    Uploaded by

    Ajitesh anand
    1) Zero value entries allow recording transactions where a voucher entry is made without any monetary values, but needs to be updated in company records, like offering one item free with another. 2) Actual and billed quantity entries allow recording transactions where the actual and billed quantities of items differ, such as offering additional items for free. Permissions must be set to allow separate entry of actual and billed quantities. 3) Examples are provided of creating accounts, items, and entries for zero value and actual/billed quantity transactions like offering one shirt or laptop free per purchase. Assignments are given to practice these concepts.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 4

    Zero Value Entries

    ZeroValued entries are those entries where a voucher entry is made without any values,
    but needs to update in the records.We get free only same item in zero value entry
    Create New Company for Zero Value Entry Lesson
    (F3 : Create Company)
    Maintain Accounts : Yes
    Enable bill-wise entry : Yes
    Maintain Inventory : Yes
    Integrate accounts with Inventory : Yes
    Let other features : No

    ACTIVATE ZERO VALUE TRANSACTION:

    /
    Gateway of Tally>Alter > Voucher Type > Sales

    m
    General

    .co
    Allow zero-valued transactions (Yes)
    Accept dy
    Create Ledger :Gateway of Tally >Create>Ledgers
    Ledger Name Under
    tu

    Big Clothes House Sundry Creditors


    cs

    Purchase Purchase Accounts


    Sikandar Khan Sundry Debtors
    /ss

    Sales Sales Accounts


    s:/

    Create Stock Group :Gateway of Tally >Create> Stock Group


    tp

    Group Under
    ht

    Clothes Primary Create Item :Gateway of Tally >Create> Stock


    Item >
    Item Under Units
    T-Shirt Clothes Pcs
    Purchase Entry
    Supplier invoice no.: 001
    Party A/c name ledger:Big Clothes House
    Purchase ledger: Purchase
    Name of Item Quantity Rate Amount
    T-Shirt 500 Pcs 120 Pcs 60000

    Super Success Institute Page 40


    Buy 1 T-Shirt and get 1 T-Shirt Free: Offer
    In this process, we offer one T-Shirt free for each buy of 1 shirt. That means, we have to sale
    one T shirt and pass a Zero value entry of one T-shirt.

    Sales Entry
    Reference no.: 001
    Party A/c name ledger: Sikandar Khan
    Sales ledger: Sales
    Name of Item Quantity Rate Amount
    T-Shirt 1 Pcs 299 Pcs 299
    T-Shirt 1 Pcs

    *Print this voucher or export in Jpeg

    /
    m
    .co
    dy
    tu
    Assignment for Zero Value Entry Practice :
    cs

    Offer: Buy 1 Watch and Get 1 Watch free


    Make Purchase of 100 Pcs Watch at the price of Rs 500
    /ss

    Sell the 25 Pcs of watch at selling price of 1100 (Buy 1 get 1 free offer)
    s:/
    tp
    ht

    Super Success Institute Page 41


    Actual & Billed Quantity
    Actual & Billed Quantity are those entries where a voucher entry is made without any
    values, but needs to update in the records. One item do sales with anyone another itemwe
    get free other item in actual & billed quantity.

    Taking Permissions:
    Use Separate Column for Actual and Billed Quantity:
    Taking Permission: > F11 Company Features > F2 Inventory Features
    Use separate actual and billed quantity columns in invoices: (Yes)
    Activate Zero Value Transaction:
    Gateway of Tally>Alter > Voucher Type > Sales
    General
    Allow zero-valued transactions (Yes)
    Accept

    /
    m
    Create Ledger

    .co
    Ledger Name Under
    Super Computers Sundry Creditors
    dy
    Purchase Purchase Accounts
    Mona Traders Sundry Debtors
    tu
    Sales Sales Accounts
    cs

    Create Stock Group :Gateway of Tally >Create> Stock Group


    /ss

    Group Under
    s:/

    Computer Primary Create Item :Gateway of Tally >Create > Stock


    Item >
    tp

    Item Under Units


    ht

    Laptop Computer Pcs


    Pendrive Computer Pcs

    Purchase Entry
    Supplier invoice no.: 001
    Party A/c name ledger:Super Computers
    Purchase ledger: Purchase
    Name of Item Quantity Rate Amount
    Actual Billed
    Laptop 50 Pcs 50 Pcs 21000 1050000
    Pendrive 100 Pcs 100 Pcs 350 35000
    150 Pcs 150 Pcs 1085000

    Super Success Institute Page 42


    Buy 1 Laptop and Get 2 Pendrive free
    Sales Entry
    Reference no.: 001
    Party A/c name ledger: Mona Traders
    Sales ledger: Sales
    Name of Item Quantity Rate Amount
    Actual Billed
    Laptop 1 Pcs 1 Pcs 22000 22000
    Pendrive 2 Pcs 2 Pcs
    3 Pcs 3 Pcs 22000

    *Print this voucher or export in Jpeg

    /
    m
    .co
    dy
    tu
    cs
    /ss
    s:/
    tp

    Assignment : Buy 1 Mouse & Get 2 USB Hub free


    ht

    Product Name Buying Price & Qty Selling Price & Qty
    Mouse 100 Pcs 120 Rs 1 Pcs 190 Rs
    Usb Hub 400 Pcs 30 Rs 4 Pcs 35 Rs

    Super Success Institute Page 43

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