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Tuesday, 31 January 2017

Purchase Return & Sales Return ||Debit note & Credit Note || in Tally (Notes)


In this concept we are performing stock oriented purchases,purchases returns, sales returns to implement inventory Operations we have to perform following operations.

Ledger :-
Purchases Return = purchases accounts

Sales Return = sales accounts

Accounting Vouchers:-
CTRL + F9 ---- DEBIT NOTE   - Purchase Rerurns
CTRL + F8 ---- CREDIT NOTE - Sales Returns

Note:- 
To perform the concept we have to perform fallowing setting's 


Go to accounting vouchers
Press F11
Press F2
Use debit/credit note -- Yes
Use invoice mode for credit note -- Yes
Use invoice mode for debit note -- Yes


Problem 1:-

1. Mr. Arvind started a new business with 5,00,000/-
2. Purchase as Fallows:-
       i) Computers - 15 Sets Each one  16,000/-
      ii) Pen drives - 50 No's  Each one       350/-
     iii) Headphones - 35 Sets Each one     170/-
3.Purchase Returns:-
       i) Computers -   3 Sets 
      ii) Pen drives -    7 No's  
     iii) Headphones - 5 Sets 
4. Sales as Fallows:-
       i) Computers - 12 Sets Each one  25,000/-
      ii) Pen drives - 43 No's  Each one       550/-
     iii) Headphones - 30 Sets Each one     300/-
5.Sales Returns:-
       i) Pen drives -    8 No's
      ii) Computers -   2 Sets   
     iii) Headphones - 5 Sets 

Problem 2:-

1. Mr. Prasad started a new business with 6,00,000/-
2. Furnicher Purchased  30,000/-
3. Purchase as Fallows:-
       i) LED Tv's - 30 Sets Each one  15,000/- from Vijaya Traders
      ii) Washing Machines - 15  Sets  Each one   22,000/- from Bhuvana Traders
     iii) Home Theaters - 45 Sets Each one     2500/- from Ravi Traders
4. Depreciation on Furnicher 4,000/-
5. Sales as fallows to Ganesh Traders:-
       i) LED Tv's - 20 Sets Each one  27,000/-
      ii) Washing Machines - 8  Sets  Each one  40,000/- 
     iii) Home Theaters - 30 Sets Each one     5000/-
6. Sales as fallows to Santhi & Co:-
         i) Home Theaters - 10 Sets Each one   4200/-
        ii) Washing Machines - 7  Sets  Each one  35,000/- 
       iii) LED Tv's - 10 Sets Each one  24,000/-
7. Sales Returns:-
 i) Washing Machines - 2  Sets  from Santhi & Co
ii) Home Theaters - 5 Sets  from Ganesh Traders.
8. Donation received 10,000/-
9. Travelling Expns 1,700/-
10. Purchase Returns:-
  i) Home Theaters - 5 Sets  from Ravi Traders.
 ii) Washing Machines - 2  Sets  from Bhuvana Traders
11. Cash Paid to Vijaya Traders
12. Cash Paid to Bhuvana Traders
13. Cash Paid to Ravi Traders
14. Cash From Ganesh Traders
15. Cash From Santhi & Co 60% Only.


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