Accounting Features
Accounting Features helps to enable various options for making transactions. Accounting Features can be opened by pressing F11 key or by click on the option F11 : Features from button toolbar.
To Enable the Accounting Features
- Go to Gateway of Tally > F11: Features > F1: Accounting Features.
- Customize required options.
- Press Ctrl+A or press Enter key until show confirmation message and press Yes.
Accounting features divided into 7 options
- General
- Outstanding Management
- Cost/Profit Centres Management
- Invoicing
- Budget and Scenario Management
- Banking Features
- Other Features
General Accounting Features
- Maintain accounts only: Enable this option if you don't have any inventory transactions.
- Integrate accounts and inventory: Choose Yes for this option to include stock or inventory balances from the inventory records. If you are maintaining accounts and inventory separately Choose No for this option.
- Use Income and Expenses A/c instead of Profit and Loss A/c: Choose Yes for this option if you want to show Income and Expenses account instead of Profit and Loss account.
- Enable Multi-currency: Enable this option by choosing Yes for working multiple currencies.
Outstanding Management
- Maintain bill-wise details: Enable this option for maintain balance in bill tobill in ledgers created under sundry debtors and sundry creditors.
- For none-trading accounts also: Enable this option for maintain balance in bill to bill for none-trading accounts.
- Activate interest calculation:
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