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How to Enable the Feature for Payroll Entry in Tally
Payroll creation is an essential feature in Tally accountancy software, widely used by most small businesses. It helps generate accurate pay slips and maintains the pay records of all the employees. Payroll creation in Tally ERP 9 also assists in calculating various statutory deductions and contributions. Tally ERP 9 has payroll creation features to simplify…
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How to Record Sales & Purchase Entry in Tally with GST
Sale and purchase are the most common entries in accounting. Recording transactions accurately is essential because most government regulations, taxation compliances, and accounting standards are based on business sales and purchase volume. For example, businesses are liable for Tax Audit under section 44AB when sales receipt is more than one crore in a financial year.…