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Tag: Tally ERP
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100 Voucher Entry Examples for Service-Based Companies in Tally
In a service-based company, day-to-day financial activities—like receiving payments, paying expenses, and adjusting accounts—are recorded using vouchers in Tally.ERP 9 or TallyPrime.Voucher entries ensure that every business transaction is documented properly for accounting accuracy, GST compliance, and financial reporting. There are several types of vouchers in Tally, including: Below is a comprehensive list of 100…
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Understanding Sales and Purchase Orders: Key Components and Significance
Sales and purchase orders are essential documents in the process of buying and selling goods and services. They serve as formal agreements between a buyer and a seller, outlining the details of the transaction. Here’s an explanation of sales and purchase orders in detail: Purchase Order: Definition: A purchase order (PO) is a commercial document…