Education Session

  Implementation of goods and services tax When talking about GST big question arises “how GST applied”. Goods and services tax is proposed system of indirect taxation in India. The concept behind the introduction to new tax regime, merging most of the existing taxes into a simple system of taxation.   Introduction of goods and services tax in India It was introduced by 101 amendment in constitution act 2016 the chairman of the gst bill introduced by finance minister. It was held that gst would be comprehensive indirect tax for manufactures self-consumption of goods and services. Throughout India to replace the different tax levied by the central and state government goods and service tax would be levied and collected at each stage of sale or purchase of goods and services based on the input tax credit.   Impact goods and services tax. By following this method it has allowed business to register themselves to take benefit of the scheme and endeavor to gove...

Implementation of cost center in telly ERP 9. What is cost center? In telly ERP 9 , cost center is used to allocate different cost and expenses incurred during in transaction. It helps to clarify different center where cost is exhausted. this feature allow to maintain proper record of multiple expense in one place. What is cost categories What is cost categories? Cost categories is use to simplify or categories different cost center in a particular head. Let's understand this concept with the help of given below examples: 1.  Paid on purchase of  office stationary for 10000.      A4 colour paper.       4000      Black markers.            500      Registers.                    2000      Other stationary.       3500 Pass the necessary entry for the payment of the above expense...

Learn telly ERP 9 full tutorial and get free telly notes. Here are various questions to practice and examples. Order processing In telly ERP 9, Order processing is linked to the inventory management of godown and warehouses. This function allow us to maintain the record of arrival as well as supply of stock.  This feature used to send order of required goods and materials. Purchase order Purchase order in telly ERP 9, is a document or a invoices which is given by the buyer to the seller as information or placing required stock or  goods. By sending this document you can easily inform the seller about requirements of particular goods with price and quantity related attributes. Purchase order in telly ERP 9 Step 1: creat a new company by pressing alt+f3 then choose creat company. How to create company Step 2: Go to gateway of telly, press F11 select "Accounting features" enable : Enable purchase order processing.  Enable sal...