TALLY ERP9
SCENARIO
SCENARIO
It is useful to find out the exact profit or loss of our concern in the middle of the year.
It has only one day value.
Company: Scenario and Co.
ACTIVATION:
• F11: Features
• Accounting Features
• Reversing journal and optional voucher = Yes
• Accept.
HOW TO CREATE A SCENARIO:
• Gateway of Tally
• Accounts Info
• Scenario
• Create
• Name: Depreciation
• Include actuals : Yes
• Include : Reversing Journal
• Accept.
JOURNAL ENTRIES:
01.05.2016 Capital invested and started a business
Rs.3,00,000/-
02.06.2016 Bought a Machinery from Cholan and
Company for Rs.50,000.
01.07.2016 Purchases made for Rs.2,00,000.
02.08.2016 Sales made Rs.2,75,000.
01.09.2016 Discount Received Rs.25,000.
REVERSING JOURNAL:
01.10.2016 Depreciation charged to Machinery Rs.6,000.
| Depreciation a/c....Dr. |
Rs.6,000
|
|
| To Machinery a/c |
|
Rs.6,000 |
(Being depreciation charged)
Voucher type: Reversing journal
|
|
|
HOW TO COMPARE SCENARIO WITH ACTUALS:
• Open P&L Account
• Period : 01.04.2016 to 01.10.2016
• Click NEW COLUMN
• Select SCENARIO
• Now compare.
