FAQ on Advanced Features

This page contains frequently asked questions on the advanced features of Tally.

1.     Budget has been created, but why does it not appear in Trial Balance?

2.     Why does the closing stock not get reflected in the Trial Balance?

3.     I have migrated my data from earlier release to Release 5.3.6, but the Interest Calculation report still does not consider the first day of the transaction?

4.     What is the meaning of For amounts added and deducted in interest parameters of Interest calculation?

5.     I have installed Rel 5.3.6, post migration the interest is calculated from the next day of transaction for:

o      Interest parameter set as Bank/Recon date

o      Interest parameter set as Date Specified during Entry

6.     How do we activate the Price List?

7.     How to reorder levels in Tally.ERP 9?

8.     How to enable Use for POS Invoicing? while creating a POS invoice?

9.     How to create a POS invoice?

10.  How do I calculate interest for a ledger account with a default credit period?

11.  How do I enter the bill-wise details of a ledger account with foreign exchange rates?

12.  Is any price list available for purchases?

13.  Can we create a Cost Center at any time of the year?

14.  How to split an expense into different cost centers?

15.  How to enable Rate(Inclusive of Tax) for the stock items while passing retail invoice?

16.  How do I check the total turnover for a particular period for Sundry Debtors?