How to do Accounting of Shares in TAlly

Page no : 2

(Guest)

Hi,

I have a software which can calculate long term, sort term & intrdaday capital gain/loss automatically on fifo mathod. Those you wanted to know they can contact on my mail id.

T.S.Mohana Harish (Audit Assistant) (163 Points)
Replied 04 October 2008

Tally is the best software according to me

(Guest)

wish to lean share accounts in tally

rac2hit (student) (35 Points)
Replied 13 December 2008

Please tell me about the tax treatment of Currency Derivatives.

CA SAGAR TUKARAM MAHAMUNI (CHARTERED ACCOUNTANT) (26 Points)
Replied 20 September 2009

Originally posted by :Guest

Hi,

I have a software which can calculate long term, sort term & intrdaday capital gain/loss automatically on fifo mathod. Those you wanted to know they can contact on my mail id.

Hi can u please forward the details of this software????

My mail id is stmahamuni @ gmail.com

MANOJ PATEL (PROPRIETOR) (33 Points)
Replied 04 October 2009

please send me software my mail id is mgp.bhunaya @ gmail.com

spaul (Tax Consultant) (29 Points)
Replied 11 August 2010

Please send me the software. I will be grateful to you.

spaul (Tax Consultant) (29 Points)
Replied 21 October 2010

For FREE SHARE ACCOUNTING SOFTWARE - PERSONAL ACCOUNTING SOFTWARE

Please view my latest topic:

/forum/details.asp?mod_id=8594&offset=2

RAGHAVENDRA (Practioner ) (69 Points)
Replied 28 March 2011

Hello

As we have purchased the Symantec antivirus of 100 nos for the office.

Now the ques is does this comes under fixed asset or directly under the indirect expenses.

Thank you in advance.

jeetendra bhatt (accountant) (21 Points)
Replied 14 November 2015

Originally posted by : CA Pradip Shah
	Dear Friends, Firstly, create a company as "Accounts with Inventory" Option. Create following ledger accounts in tally 1. Purchase of Shares A/c' 2. Sale of Shares A/c (Open the above accounts under Purchase and Sale respy) 3. Speculation Purchase A/c 4. Speculation Sales A/c (Open the above accounts as Direct Exps. or Income head. The head here will not make any difference as at the end of the year we will be netting off the two speculation account) For Inventory of Shares follow following steps. 1. Open two groups: i. Speculative Transactions Stock ii. Delivery Based Transaction Stock Mention each shares under two inventory groups by adding the same as stock item. CAUTION: Here make sure that you open two seperate accounts for the same stock if you are dealing in both Delivery Transactions and Speculative Transaction. E.g. Share of TISCO is defined in tally as TISCO - D and TISCO - S where D and S suggest that the entry in the inventory is for Delivery (D) and for Speculative (S) Transaction. After above steps start entering entry BILL WISE only in JOURNAL mode. At the end of the year close any one speculation account by transfering the balance to other speculation account. Balance either speculation profit or loss can be used for seperate reporting for Income Tax Purpose. Hope this points will help you in accounting share transactions in Tally. Regards, Pradip Shah