Tally Prime

Prepared by – Babloo Sir (8368894657)

Step-4

Pritam Garment sent PO to Ramniwas Order No : Ram-001

Product QTY Price
50 250
Shirt 40’ 70 280
Shirt 42’

• Gateway of tally – Voucher – Press (Ctrl +F9) Key for Purchase Order
→ Select Party A/c Name – Mr. Ramniwas

→ After Pass Party Name , Supplier details to be filled by Buyer.

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→ After Pass Details , Pass the Order No – Its Help for Tracking Details and Maintain
Invoice Against Order

→ Pass Item Details with Qty and Rate

Step-5

Firm Received order on 2nd April from Ramniwas Order against Ram-001

Product Received QTY Status
50 Full Delivered
Shirt 40’ 60 10 PCS Shortage Due to
Shirt 42’ Material issue

• Gateway of tally –Voucher – Press (Alt+F9) Key for Receipt Note.
→ Select Part A/c Name - Ramniwas and press enter for select order no.

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→ Select Purchase order No (Ram-001), against Receipt Note.
→ Details automatically fill which is filled while Purchase order create.

→ Pass Received Qty Against Order , Modify in Qty Column

→ Now check the Purchase Bill pending Status
Display –Statement of Inventory - Purchase Bill Pending

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→ check the pending Quantity Status (Party-wise)
Display – Statement of Inventory - Purchase order Outstanding - Ledger - Select
Party (Ramniwas)

If Want to Pre-close order, Enter on Item (no - outstanding after Pre-close) Press Alt+W

→ Check Balance Sheet (Creditor) Balance, Pending Amount.

• Enter on Sundry creditor, here Purchase bills to come

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• There is no Exact Creditor Amount (Party-Wise Show) because Bill not Prepare for
Particular Party. Now prepare Bill for Party (Press F9) Purchase bill in Accounting
voucher for (Ramniwas)against Receipt Bill no Ram-001
Shirt (40)→ 30 Pcs
Shirt (42)→ 40 Pcs

→ Now check again the Purchase Bill pending Status
Display – Statement of Inventory - Purchase Bill Pending

Check Balance Sheet (Creditor) Balance, Pending Amount from Gateway of Tally

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→ we can also check then outstanding balance for party in Statement of Account
Display – Statement of Accounts - Out standings - Payables.

• 5 Pcs Shirt 40 Return to supplier due to size issue , This voucher pass in Rej.Out (Ctrl
+ F5) in Accounting Voucher for order number Ram-001.

→ Tracking no (as Per order if Single Order from Party otherwise Multiple order
tracking data declared as 1 - Discuss in practical Question - 1

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→ After rejection Item, Pending Amount of QTY is reflect, So check again the
Pending Bill Status

Display – Statement of Inventory - Purchase Bill Pending

Note - if Buyer Reject Item, it means supplier have to send same item Quantity to Buyer,
we can check status for Pending item in - Display- Statement of inventory - purchase
order outstanding - Stock Item - Select - Shirt 40'

if buyer Doesn't want to received this quantity ,Buyer can pre-close this Item Quantity
by Press Alt+W and make a receipt note if he received (Rejected item) from the side of
Supplier. Discuss in Practical Question

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Practical Question

Q-1 Purchase Order- Process(Mahalaxmi Fire-Work)PVT Ltd.

Cash Balance 1,00,000 and HDFC Bank Balance 80,000

Purchase Order

Mahalaxmi fire-work make a Purchase Order to Mr.HeeraFire-works (Supplier)
on 1st Apr- Order NumberHeera-001 due on 1st may

Product Name Qty Price (Per Packet)
Anar Bomb 200 Packet 250 Rs
Rocket 300 Packet 200 Rs
Chakra 250 Packet 300 Rs

Mahalaxmi fire-work make another Purchase Order to Heera Fire-works
(Supplier) on 2nd Apr - Order NumberHeera-002due on 1st may

Product Name Qty Price
Baby Gun - 6 Shot 100 Packet 90 Rs
Flower Cracker 50 Packet 60 Rs

Receipt Note

Mahalaxmi fire-work Received order against both order Heera-001 and Heera-
002 dated 1st Apr and 2nd Apr on 1st May- (Tracking no-1)

Product Name Qty
Anar Bomb 200 Packet
Rocket 250 Packet
Chakra 200 Packet
Baby Gun - 6 Shot 80 Packet
Flower Cracker 50 Packet

→ Pre-CloseAll Pending order Quantity for Baby Gun - 6 Shot

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Purchase Bill

Purchase bill Against Receipt note number 1inFavour of Heera fire Works on 1st
May

Product Name Qty
Anar Bomb Half PCS of Receipt
Rocket 150 Packet
Chakra 100 Packet
Baby Gun - 6 Shot 50 Packet
Flower Cracker 50 Packet

and paid by Cheque to Heera Fire Works Rs→42,500 Rs.

Reject. Out

→ 30 Pcs Baby Gun - 6 Shot return to HeeraFire works (Reason - Out of order)
on 2nd May

Answer:
• Pending Quantity Status All Order (Due-Item)

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• Purchase Bill Pending Report

• Outstanding Balance (Payable) - Heera Fire Works

Q-2 Purchase Order- Process(INDRAToys) PVT Ltd.

Indra Toys Make a purchase order to Akash Toys Company (Supplier) on 1st Apr
order No Ak01order due date 1-May

Product Name Qty Price (Per Pcs)

Jeep 100PCS 299 Rs

Car 100PCS 299 Rs

Laptop 150PCS 399 Rs

Guitar 150PCS 350 Rs

Indra Toys Make a purchase order to Vikram Toys Company (Supplier) on 1st Apr

order no Vk01order due date 1-June

Product Name Qty Price (Per Pcs)
Kitchen-Set 50PCS 99 Rs
Doll 50 PCS 150 Rs
Doggy 30 PCS 250 Rs

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Receipt Note (Alt+F9) 1st May

• Receipt Note against Akash Toys Order - Ak01 (Tracking Number-1)

Product Name Qty
Jeep 80 PCS
Car 100 PCS
Laptop 120 PCS
Guitar Out of Stock

Note – Guitar Item note Pass in Receipt note as it is out of stock

• Receipt Note against Vikram Toys Order - Vk01 (Tracking Number-2)

Product Name Qty
Kitchen-Set 50 PCS
Doll 40 PCS
Doggy 30 PCS

Pre-Close Item Guitar and Doll (Fully-Pre close)

Purchase Bill (F9) 1st May

Purchase bill SeparatelyAgainst Receipt note -1 Order no Ak01and Receipt Note-2
order no vk01

Product Name Qty Purchase Invoice Number
Jeep 50 PCS
Car 80 PCS 1
Laptop 100 PCS
Kitchen-Set 50 PCS 2
Doll 30 PCS
Doggy 30 PCS

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Rej. Out (Alt+F6)1st May

10 Pcs Jeep to aakash Toys / 10 Pcs Doll to Vikram Toys

Receipt Note (Alt+F9) against previous pending QTY 2nd May (Tracking -3)

Product Name Qty
Jeep 20 PCS
Laptop 20 PCS
Answer:

• Pending Quantity Status All Order (Due-Item)

• Purchase Bill Pending Report

Jeep – 40 Pcs

Laptop – 40 Pcs

• Party-wise Outstanding (Payable) Report

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Sales Order – Process

Tally-Prime

What is Sales Order?

Sales Order is an order received by a business from a Customer/Buyer. A sales order may be for
products/Services. Given the wide variety of businesses, this means that the orders can be
fulfilled in several ways. Broadly, the fulfillment modes, based on the relationship between the
order receipt and production, are as follows

Example *Note - (Set Date According to Current Year)

Step-1

• Create new company (MehtaElectronics)

Step-2

• Create Ledger - Buyer and Sales Ledger

Step-3

• Define Item Group, Units , Stock Item

• Group - Electronics

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• Units of Measure - PCS

• Stock Item - 1

• Stock Item - 2

Step-4

Opening Balance of Stock item and Price can alter in stock item

Product Opening QTY Price (Cost)
Door Bell 1500 Pcs 120Rs
Water Tank Bell 400 Pcs 160 Rs

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Step-5

Mehta Electronics Accepted buyer Requirement and Send a Sales Order (SO) on
1st April to Jatin Gupta order to be fulfilled upto 1st May.

Product QTY Price
Door Bell 500 Pcs 150 Rs
Water Tank Bell 500 Pcs 200 Rs

• Note - Press F10 Key in Accounting Voucher if Sales Order and other not
Activate.

• Gateway of tally – Accounting Voucher – Press (Ctrl +F8) Key for Sales Order
number J-01
→ Select Buyer Name –Jatin Gupta , and fill the buyer details

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Step-6

Mehta ElectronicsDelivered following item and making a delivery notes (Alt+F8)
send to the buyer (Jatin Gupta) on 2nd April - (Tracking No-1)

Product DeliveredQTY Status
Door Bell 500 Pcs Fully
WaterTank Bell 400 Pcs Stock Issue

→ Now check the Sales Bill pending Status
Display – Statement of Inventory - SalesBill Pending

→ check the pending Quantity to be Delivered Status (Party-wise)
Display – Statement of Inventory - Sales order Outstanding - All Order - (Show)
all pending Deliver Item List. (or) Check by Party Wise

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• There is no Outstanding Balance Receivable show Until we not prepared
sales invoice against Buyer.

Check - Display - Statement of Accounts - Outstanding - Receivable

Step-7

following product bill pass by Buyer and pass this item details with quantity in Sales Bill (Press
F8) in Accounting Voucher on 2nd Apr.

Product QTY
Door Bell 300 Pcs
WaterTank Bell 200 Pcs

→ Now check the Sales Bill pending Status
Display – Statement of Inventory - Sales Bill Pending

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• Outstanding Balance Receivable,sales invoice against Buyer.
Check - Display - Statement of Accounts - Outstanding - Receivable

Step-8
Door Bell 50 Pcs Reject by buyer; Make a Voucher of Rej.in in the Supplier Book.
(Press Ctrl+F6) in Accounting Voucher

Display – Statement of inventory – Sales order outstanding – All Order - Pre-
Close 50 Pcs outstanding order of Water Tank – 50 Pcs

Display – Statement of Inventory - Sales Bill Pending and check Outstanding
receivable report of debtor in Balance sheet

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Practical Question

Q-Preparesales order of the following transaction given below and maintain
opening stock item with price

Product OpeningQTY CostPrice
Spoon (10 Grm) 300 Pcs 10Rs
Plate (50 Grm) 300 Pcs 50 Rs
Glass (40 Grm) 300 Pcs 40Rs
Tiffin (50 Grm) 300 Pcs 50 Rs

Prepare Sales order Against DuggalBartan Store (Buyer) from the side of Supplier
(Aryan Bartan Manufacturer). Order date 1-May, Order No - DUG-01

Sale Order Item List (to be delivered on 2-June) both Party using (Alt+F5)

Product QTY Price
Spoon (10 Grm) 150 Pcs 12 Rs
Plate (50 Grm) 250 Pcs 60 Rs

Another Sales order Against Aggarwal Bartan Store (Buyer) Order date 1-May,
Order No - AGG-01

Product QTY Price
Glass (40 Grm) 260 Pcs 48Rs
Tiffin (50 Grm) 180 Pcs 60 Rs

Delivery note (Alt+F8)

Fully order delivered to Duggalbartan Store, and 5 Pcs Glass and 10 Pcs tiffin
outstanding order against Aggarwal bartan store on 1-June

Sales InvoicePrepare (Using F8) on 2nd June

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Duggalbartan store QTY
100 Pcs
Product 200 Pcs
Spoon (10 Grm)
Plate (50 Grm)

Aggarwal bartan store QTY
250 Pcs
Product 170 Pcs
Glass (40 Grm)
Tiffin (50 Grm)

Rej.in

Return From the side of Buyer (Aggarwal Bartan store) following quantity

Product QTY
Glass (40 Grm) 5Pcs

➢ Pre-CloseAll Item order DueforTiffin and Glass. On 2nd June

Check outstanding report of Sales Bill Pending
Answer:

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Tally Security Control (TSC)

Tally Prime

What is TSC?

Tally Security control is Provide the restriction According to User-Define Users.in security Level
we can select , Owner, Data Entry User, tally.Net user etc… only Admin can modify/Create User
and password in Tally Company. (User also can change password if Password policy applied)

• Owner can modify or create Ledger, voucher and Check Report Summary, but cannot
change password and cannot create new user. but in Passwordpolicy we can also allow
for change password and password validation and also we can set the type of security
(in this section we can alter Allow and disallow facility on selected user Level)

• Data EntrySection already some restriction Applied e.g. Data Entry user cannot use
Accounts Master (Ledger create or modify). Only user permit to create voucher. Back
date voucher restriction , Report check Restriction etc…

• Tally .net User Allow to open company or Access details anywhere where Business Tally
installed. this user can Access full Control or Functionality of tally. We can alter this in
Type of security Section.

*Note - (Set Date According to Current Year)

 Step-1

Create new firm and Press F12 and set Feature

• User name - India
• Password - 123

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• After insert user name and password, and set tally Audit feature - Yes. Accept Company
Creation. Now, It ask for User name and password to open firm , Insert details and
accept features (Ctrl + A).

 Step - 2

Gateway of tally→Press Alt + K→ Company →User and password
We Define 2 Security Level User List
1. Owner(Arun) Default password is Arun1234
2. Data Entry (Varun) Default password is Varun1234

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 Step - 3
Activate Password Policy (User can change Password) -
Allow user to change password (if don’t want to Allow Skip this Step)

Gateway of tally→Press Alt + K→Company →Password Policy

• After Set 'Yes'
i. Set Password Length and Strong password includes 1 number , 1 character and 1
Special symbol.
ii. Password expire in 1 Year (365) Days
iii. Alert before 7 day Password Expire.
iv. User can change password from company info (By default first time password
change for user)

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 Step - 4
Gateway of tally→ Create - Ledger

By Admin - Pass Ledger Entry -
• Salary and Rent (Separately) - Under Indirect Expense for check Tally Audit (Vouchers)

Entry by user - and
• Alter cash Balance Rs 2,50,000
 Step - 5
Now, Change User Press (Alt + K) Re-open with User-Name and Password
First, open By Owner Arun Password Arun1234

After Enter User Details, it ask for Change Password (If we set First time Login)

Note - Same ask for Data Entry User

Now, We set Arun1234@ as a New password of Arun , Press Alt + K and goto change Password option.

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 Step - 6
Pass Payment Voucher (F5) of Salary Rs 50,000 in Accounting Voucher by Arun.

Now again ,Change User in company and Re-open with Data Entry User-Name and Password

• Set Password - Varun1234@ as New password for Varun same as Arun change
• Press Alt + K and change User Password

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• Account Master , Inventory Master Create not show because user restriction as Data Entry ,
We already create Rent ledger by Admin

Pass Payment Voucher (F5) of Rent Salary Rs 40,000 in Accounting Voucher by Varun

 Step - 7
• Shut company or Change User , and re-login by Admin to Audit Voucher Entry

• Now, Check Audit Report

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• Display more reports- Statement of Accounts - Tally Audit -

• Voucher Types (Voucher Entered by User) , Enter for more User details

• Users

Note -
• cash Entry Amount pass by Arun (Entered 2) and 1 Payment Entry

• If Modify User name and Password , only Admin can Modify
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Practice - Practical Question

Q-1

Create Company - Arnav PVT Ltd.

Admin User Password
Security Level Arnav Arnavdelhi123

Owner Mahesh owner@1
Sachin owner@2
Data Entry
Vikas data@1
Kirti data@2

Set (Password policy)

• Password length limit = 10
• Minimum 3 numbers required with 2 special characters

Pass Ledger by Admin

• Sales and Purchase Ledger
• Stock Group – (Telecom)
• Stock Units – Pcs
• Item – (Samsung J6 Mobile 32 Gb and Samsung j6 Mobile 64 Gb)

Login By each user and Modify Password

Security Level Mahesh Old Password New Password
Owner Sachin
owner@1 Mahesh?#981
Data Entry Vikas owner@2 786%*sachin
Kirti
data@1 /&662indian
data@2 $@997cutie

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Note
Modify Restriction on Data Entry (Data Entry user can create Party Name but not
alter or display party List)

(Purchase Bill Prepared by Mahesh) on 1st April
• Purchase 20 Pcs Samsung galaxy j6 32GBfrom Mr. Arun Sharma @ Rs 12200
, Discount 5%

(Purchase Bill Prepared by Sachin) on 1st April
• Purchase 30 Pcs Samsung galaxy j6 64GB from Mr. Lalit Yadav @ Rs 14200 ,
Discount 4%

(Sales Bill Bill Prepared by Vikas) on 2nd April
• Sold2 Pcs Samsung galaxy j6 64 GB to Akhil Gupta @ Rs 14900 , Discount
3%

(Sales Bill Bill Prepared by Kirti) on 2nd April
• Sold 2 Pcs Samsung galaxy j6 32 GB to Naresh Chand @ Rs 12800 ,
Discount 3%

Check Audit report by Admin (Voucher type , Ledger ) Transaction and
accept if found correct .

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Import and Export Data

Tally-Prime

What is Import and Export Data in Tally?

In Tally, We can import other company data to selected company using Import Data command. Using
import data we can also copy Account Master, Accounting Vouchers and Bank details. In Tally only .Xml
format extension file supported, if we export Accounting master we can save it to .XML format
otherwise data cannot be import. We can also Export our voucher or Ledger list to Excel (XLS), PDF,XML,
Image (JPEG) and Htmland ASCII (Notepad) file format using Different Export location in our Computer
Drive.
Example of Import Data
*Note - (Set Date According to Current Year)
Step-1

• Create new Company (or) Select Existing Company (if Company Already Ledger and
Voucher)

• In new company (MyData1) - Pass Ledger and voucher Entry for Import
Gateway of Tally - Create - Ledger -

• Purchase
• Sales
• Bank (25000 - Opening Balance)
• Party (For Payment)

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• Cash Balance (Alter) - 50,000
Step-2
Pass Voucher Entry for above Ledger

Gateway of Tally - Voucher- Pass 4 Entry in different Voucher

1. Payment (F5)

2. Contra (F4)
3. Receipt (F6)

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Step-3

Check Total Ledger and Voucher Entry
Display More Reports - Statement of Accounts - Statistics (We can check here Ledger Statistics
and voucher statistics) how many ledger and voucher already inserted in this company.

Note - A new Company already Predefined 2 Ledger , 28 Group and 22 voucher

Goto Ledger Entry and press Enter
• For Export ledger in xml format Press Alt+E to Export Ledger

• Enter on Current command
• Below Screen Show after Export Current

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• If we configure screen , We can choose different location for file export C Drive or D Drive or
File name can change.

• Now we can change Folder Path and File name if required Press Enter on Folder Path or File
name to change.

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• Change path - Select from drive and enter on D

• Final Screen After change

Step-4

• Now, Create a new company and import Mydata1 Company ledgerExport file name into
new company MyData2

After Create new company MyData2 Press Alt+O Command

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• If Drive not change , Press Backspace Key and Then select file.
• choose Modify with new data or Combined with balance if required.

• Now check data is Import or not in Statistics.
Display more report - Statement of Account - Statistics

Step-5

• Copy voucher from Mydata1 to Mydata2 –
• Change Company MyData1 by pressing - Press Alt+K List of Companies already

open.

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• Goto – Day Book – Press Enter for any Voucher entry (which you want to copies)
For e.g. (Receipt Voucher)

• Now Press F3 and Select Company MyData2 and press Enter

• Press Ctr+A (Accept Voucher) in this Company
• Now Press Esc Key and back to Gateway of tally
• Press F3 Key and Select MyData2 Company and check voucher is copied or not –

Goto Display and Day Book

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• Voucher is successfully copied , now we can copy other voucher using same
procedure.

Now Press Enter on Voucher for Export Data in (XLS, PDF and other format)
• Press Alt+E Key for Export Voucher in Voucher Alter mode
• Select following Details

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• After all Setting done, Press Send button to Export file in D Drive (PDF)

• Using Alt+E Key in Voucher alteration mode we can Export file in other format –
XLS, HTML , PDF, JPEG and ASCII format.
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Practical Question

Q-1 Maintain following Entries in Company DataList1- (Activate GST)
➢ Inventory Info

• Stock Group

o Garments
o Electronic

• Units of Measure

o MTR
o PCS

• Stock Item

o Shirt length - (MTR) - (GST-5%)
o Led Tube light - (PCS) -(GST-12%)

➢ Account Info
• Ledger

o Ganesh - (Sundry Creditor) GST No (07ABCDE1234F1Z2)
o jItender - (Sundry Debtor) GST No (07AAACB5343E1Z3)
o Sales - (Sales Acc)
o Purchase - (Purchase Acc)
o CGST
o SGST

➢ Voucher 1 (Purchase)

Purchase 100 Mtr Shirt length @ Rs 50 Mtr and 100 Led Tube light @ Rs 89 from Ganesh on 1st
Apr

➢ Voucher 2 (Sales)

Sales 80 Mtr Shirt length @ Rs 60 Mtr and 50 Led Tube light @ Rs 149to Jitender on 2nd Apr

Do Following Step

➢ Import All DataList1 detailsinto DataList2 Company
➢ Export Sales Invoice in PDF Format and Purchase invoice in XLS format to D Drive

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Budget and Control

Tally-PRIME

What is Budget?

Budget is a prepared Plan for the flow of funds in an organization. it helps to
maintain upcoming entries , Example Company budget for Next 3 month is Rs
60,000 and upcoming 3 months entries accordingly to our target budget that
means our budget is successfully implement otherwise we have to add more
money accordingly to entries. Budget generally refers to a list of all planned
expenses and revenues. It is a plan for saving and spending.We can maintain
budget Group wise or Ledger wise.

What is control?

Control is amount limit which is set on the party (Debtor / Creditor) . Specially
we set Control limit for those party who Purchase our product on Creditand
pay later. Example We set Avinash Credit Limit Rs 20,000. Doing voucher of
sales to Avinash only except 20,000 or below transaction if total amount
exceeds 20,000 then voucher not pass successfully and show message credit
limit overlimit. we can also exclude or includePDC Entries.

*Note - (Set Date According to Current Year)

Step - 1

Create Account Group for maintain Budget according to Group , and Ledgerfor
maintain budget according to Ledger.

Office Expense
(Group)

Rent Salary ElectricBill

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• Gateway of Tally - Create - Account Master -Group

Step - 2
• Create - Ledger

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• Cash Balance Rs 3,00,000 (Alter in cash ledger)
• Now we create Budget for Office Expenses (Group-wise)

Step - 3

• Gateway of Tally - Create - Show More - Account Masters -Budget -

• Maintain 4 Month budget - April to July

Assume

• 1 Month Salary for 2 Employee 50,000

• 1 Month Office rent - 10,000

• 1 month Electric bill 5,000

• 1 Month Total Office expenses = 65,000

• 4 Month Budgetfor Office Expenses is 65,000 x 4 = 2,60,000

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• Now , for implement on Budget we pass 4 Voucher for Payment (Office
Expenses-Group Budget) .

• By Pressing F2 in Accounting voucher we can change the transaction
date

• Check Total Budget Amount in Trial Balance Section.

Gateway of tally – Display More report– Trial Balance – Press F10 KEY–
Select 1st session budget -

• Budget show – 2,60,000 and Actual Budget is Blank

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Step –4
➢ Expenses in Apr - with Details

Expenses Name Salary Rent Electric bill
10,000 4800
Amount 50,000

Gateway of tally –Voucher – Press F5 (Payment)
1st Voucher - 1-Apr

➢ Expenses in May- with Details

Expenses Name Salary Rent Electric bill
10,000 4200
Amount 51,500

2nd Voucher - 1-May

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➢ Expenses in June- with Details

Expenses Name Salary Rent Electric bill
10,000 5200
Amount 49,500

3rd Voucher - 1-June

➢ Expenses in July- with Details

Expenses Name Salary Rent Electric bill
11,000 4300
Amount 50,000

4th Voucher - 1-July

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Step –5
Check Budget Balance
Gateway of Tally - Display - Trial Balance

• If we don’t want to show other group transaction Press-Space (for
select) - and Press Alt+R (Remove Row)

• in Current Budget for 1st Session Rs 500 is Above for mentioned budget.
Step –6
Control on Party (Sales) Transaction.
Gateway of Tally - Account info - Ledger - Create

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• Now, if firm sold item to Gaurav and item balance is more than 25000 then
invoice not pass and show message for credit limit, using this feature we can
control credit sales to party . if party issue PDC then credit limit automatically
increase - we can set this feature 'YES' (if want to increase) and 'NO' until
payment not received as cash or bank Actually.

• Sales Ledger

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Step –7
Gateway of Tally- Inventory info -

• Unit Creation

• Item (Fill opening Balance with Rate) or Purchase from Party

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Step –8
Sold 10 PcsWheat Bags 25 Kgitem to Gaurav @Rs 2600 each. but this
transaction not pass because we set credit Limit, so only 9 Pcs Bags can be
sold to Party.(Same as we can set to other party)

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Practical Question

Q-1 Maintain BudgetLedger Wise (Aug to October) -3 Month for following
expenses.- Firm Cash BalanceRs 1,50,000

Expenses Name Total
Wages 35000
Carriage 5000
Salary 50000
Printing 2000

• Actual Expenses Details of company

Expenses Name Aug Sep October
Wages 12000 11500 12000
Carriage 1400 1600 1800
Salary 18000 16500 17000
Printing 600 800 500

• Calculate the Percentageof Actual Expenses and Available Balance
Answer

• Actual Balance

• Available Balance

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