Cash Basis Accounting System In

Tally.ERP9

“A vertical for Pest Control Service Providers”

Presentation Update and changed , Version 2.0

Column

Agreement

TransactionsAlphanumerical

Alphabetical

Single Entry

Ch

eck

Day-to-Day

RecordingReceivable

Cre

dit

Processing

Ledger

Journal

Taxes

Chronological

Double Entry

Trial balancePetty Cash

Debit

BookkeeperDocument

Numeric

Equal

Financial

Posting

Cash Book

Purchase BookSales BookBank Book

Deposit Slip

BankingContra

Bookkeeping

Paym

en

ts

Pu

rch

ase

Ch

eq

ues

Sale

s

Rece

ipts

Invo

ices

Interest

Welcome to the World of Tally

Payroll

Present Business Scenario

Challenges

How our Solution handles this challenges

Benefits of using Pest Solution in

Tally.ERP9

Business Scenario• Important profession's like yours may demand

to practice Cash Basis Accounting.

• For which you may be using private software’s or Tally for your day to day accounting activity.

• You may needed a system to maintain Cash Basis Accounting in Tally.ERP9.

• You want the system to follow all statutory and practical needs.

Main Business Challenges in Tally.ERP9• Creating Invoices with service descriptions.

• Keeping this Invoices unaccounted. (To avoid unnecessary Service Tax or Income Tax Liability)

• Outstanding Management (Without booking the Invoices in accounts)

• Convert the received amount against the Invoice into Principle + Service Tax and then book the Income.

Alternate Solutions & Their Drawbacks• Maintain two books of accounts one in private

software other in Tally or both in Tally.

• Use external sources like Excel Files for outstanding follow up.

• Book the Invoices only when income is received.

• Difficult to reconcile records.

• Added human efforts.

• Reduced Accuracy.

• Increased Dependencies.

Features of Solution• Create Service Invoice with description and

sub form.

• Store this Invoices in Tally.ERP9 without accounting effects.

• Generated Outstanding Reports on the basis of these Invoices.

• Pass the revenue entry based on the receipt automatically.

• Auto Posting calculates reverse Service Tax and help compliance.

Service Invoice Features• Create different Invoices as per services and

Automatic – Manual Invoice numbers for various voucher types (e.g. Fumigation, Heat Treatment etc.)

• Use Sub Forms for Service Description in Invoice.

• Include Logo Printing with Terms and Conditions in Invoice.

• Include Bank A/c. details (like RTGS) in Invoice – for faster payment.

• Have both Service Tax applicable and non applicable services covered in Invoice

Created Multiple Voucher Types for multiple services which helps in Auto Posting Sales

Created Multiple Optional Sales Voucher for multiple services for Invoicing

Created Service Invoice with Description & Service Tax but make no effect in book of accounts.

Created Service Invoice Format

Provides Bill Wise Ref Pending details for easy receipt and generates Auto Posting of Sales Invoice with reverse bifurcation of Service Tax Amount

for Books of Accounts.

Total Outstanding Report Party - Wise

Party – Wise / Bill Wise Outstanding Report

Following are the List of highlighted Reports generates from Tally

1. Day Book2. Columnar Day Book3. Bank Book4. Cash Book5. Party Outstanding Ledger as per Mercantile Basis & Cash Basis6. Group Summary Report7. Sales Register8. Purchase Register9. Service Tax Computation10. Service Tax Payable Bill Date Wise / Realization Date Wise / Input Credit

Summary /ST3 Report11. TDS Computation / Challan Reconciliation / Form 16A / Form 26Q / Form 27Q /

TDS Outstanding Party Wise / Nature of Payment12. Balance Sheet / Trial Balance / Profit And Loss A/c. / Trading Account13. and many more..

If any extra report is required it can be prepared and customized as per your needs.

We hope the presentation is useful and awaiting for your enquiries

Tally.ERP9 Single User (Silver) License Costs 18,000/- + Pest Module Cost 10,800/- = 28,800/- Tally.ERP9 Multi User (Gold) License Costs 54,000/- + Pest Module Cost 36,000/- = 90,000/-

Aagam EnterprisesD-508, Venus Parkland, Vejalpur

Ahmedabad – 380051

Ph. +91 94266 17229, e-mail: chirag@aagamenterprises.com