1. Budget has been created, but why does it not appear in Trial Balance?
Solution: Alter the ledger and enable the following options in the Interest Parameters screen:
Include transactions date for interest calculation:
For amounts added ? Yes
For amounts deducted ? Yes
By this, all the additions and deductions to the ledger would include the transaction date for interest calculation.
4. I have installed Rel 5.3.6, post migration the interest is calculated from the next day of transaction for
o Interest parameters is set as Bank/Recon date
o Interest parameter is set as Date Specified during Entry
5. How do we activate the Price List?
Go to Gateway of Tally > F11: Features > F2: Inventory > set Use multiple price levels to Yes. Click here for more information.
6. How to reorder levels in Tally.ERP 9?
7. How to enable Use for POS Invoicing? while creating a POS invoice?
While creating a POS invoice, Use for POS Invoicing? can be set to Yes only when the Default Tax Unit is set to Not Applicable.
8. How to create a POS invoice?
9. How do I calculate interest for a ledger account with a default credit period?
10. Why is the closing stock not reflected in Trial Balance?
● Closing stock is the balance amount from goods that were purchased during an accounting period, but have remained unsold.
● The value of total purchases is already included in the Trial Balance. If closing stock is included in the Trial Balance, the effect will be doubled.
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