-> Select any report (e.g. Balance Sheet) -> select any range of period -> select 'new column' (Alt + C) ->select company to be compared with (if the user wishes to compare bet'n companies -> specify period.
This is a non-accounting voucher and the entries made using it will not affect your accounts. That is, Tally does not post these entries to ledgers but stores them in a separate register. You can alter and convert a Memo voucher into a regular voucher when you decide to bring the entry into your books. Memo vouchers are used when the user has to make Suspense Payments or he has to make a transaction for which the user does not have complete information. To enter a Memo Voucher, select 'Voucher Entry' then press F10 (memo vouchers) and complete the transaction. Memo vouchers can be effectively used when they are included in Scenarios. Entries made through Memo vouchers can be made part of a Scenario management and scenario reports can be viewed by including these memo vouchers.
To view a report of all Memo Vouchers -> Select Display ->Exception Reports -> Memorandum Vouchers -> select any month (to view memo vouchers for different periods, click on Date (F2) and specify the date range).
Post Dated Vouchers
Tally users can use this facility for entering vouchers in advance for future transactions that are definite in nature. The voucher marked as post dated does not affect the books of accounts till the date specified in the voucher. This facility is extremely useful when the user has issued or received post-dated cheques.
How to enter a Post dated Voucher?
-> select 'Voucher Entry' in 'Gateway of Tally' screen -> select any voucher (e.g. Payment F5) -> press Ctrl + T (Post dated Vouchers) complete the transaction and save.
How to view Post dated vouchers?
-> Select Display -> select Exception Reports -> select Post dated Vouchers.
Used Defined Vouchers
Tally provides 18 predefined vouchers and also allows the user to define (create) new accounting/inventory vouchers types as per his/her needs. E.g. the user can further classify Payment Vouchers by creating vouchers by the name Bank Payment and Cash Payment Vouchers. The user can also set the voucher numbering as per his needs, which can be either automatic numbering or manual numbering or have no numbering at all. Further the user can also assign Prefix and Suffix for voucher numbers and numbering can restart either from beginning of the year or month.
How to create a new Voucher Type?
->Select 'Accounts Info' -> select 'Voucher Type' -> select 'create' option -> Now enter the Voucher name, specify the type of voucher, specify the method of numbering, activate or deactivate the other functions as per needs.
Sales and Purchase Extracts
Tally gives a facility to get an extract report of the Sales and Purchase register. The extract report gives the user the consolidated figures of all groups as and ledgers for both debit as well as credit side. With this report the user gets the complete Sales Turnover figures for any period as well as complete but consolidated tax return figures which help him in filing his Tax returns.
-> select Display -> select Accounts Books -> select Sales Register -> select particular month -> press F6 (Extracts).
Daily Balances& Transactions Value
Tally provides a facility of viewing certain reports (cash books / bank books) and ledgers in daily breakup basis. The user can thus have information for total transaction value for all days as well as closing balances for all days. In the same report the user can also get daily average details as well as high and low details for the month (press F12).
-> select Display -> select Cash/Bank Books or Ledger -> select particular month -> select F6 (Daily Break Up). -> select F12 (Configuration) -> Activate 'Show Average Details' and show 'High / Low Details' -> Tally displays Average details for the month as well as High and Low details for the month.
The user can also drill down from this level to voucher level.
Tally provides with a cash flow statement using which the user can track the movement of cash flow ie cash inflow as well as cash out flow (both cash & bank included) in his business. The report also displays a net flow for any period. The user can also get a daily cash flow statement (F4). By selecting F12 (configuration) option the user can also activate average details and hence get average cash inflow/out flow for any period.
-> select Display -> select Cash / Funds Flow -> select Cash Flow -> press F4 (for daily flow).