help me to work on tally

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maninder labh kaur (Querist)
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31 January 2010 pls help to solve the following queries in tally
1. how to enter the sales with trade discount?
2.under which head to post opening and closing stock while creating ledgers. if i post it in stock in hand then in p&l and balance it shows net amount

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 January 2010 1.Create the Ledger Trade discount under direct exepenses and while sale entry you can debit the same

2.Create ledger called stock under the group stock in hand and go to p&l account go to the stock and enter the date and stock value

maninder labh kaur

maninder labh kaur (Querist)
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31 January 2010 trade dicscount tu ok but stock wala nahi samaj aia

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 January 2010 Dear Maninder,

Can you tell me you are using tally accounts only or accounts with inventory

maninder labh kaur

maninder labh kaur (Querist)
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01 February 2010 accountd with inventory

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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01 February 2010 Then you have to enter the separately each material with quantity and rate, value,

go to inventory info, stock item, create, you can create materials and put opening quantity, rate , value,