Budget Variance report can be viewed from the Trial Balance, Group Summary and Monthly Summary. The Budget Variance button (Alt+B) is active if the option Maintain budgets and controls is set to Yes in Accounting Features, and at least one budget is created. To view Budget Variance in Trial Balance 1. Go to Gateway of Tally […]
Viewing Budget Variance in Tally ERP 9
Budget Variance report can be viewed from the Trial Balance, Group Summary and Monthly Summary. The Budget Variance button (Alt+B) is active if the option Maintain budgets and controls is set to Yes in Accounting Features, and at least one budget is created. To view Budget Variance in Trial Balance 1. Go to Gateway of Tally […]
Creating Budgets for Cost Centres
The purpose of a budget is to control expenditure. You can create multiple budgets in Tally.ERP 9, each for a specific purpose such as for the Bank, for the Head Office, Marketing budgets, Finance budgets, and so on. In the Cost Centres field in the Budget Creation/Alteration screen, set Yes to set budgets for cost […]
Creating Budget for Ledger Accounts in Tally ERP 9
In the Budget Creation/Alteration screen, set Yes in the Ledgers field, to set budgets for ledgers. In the Ledger Budget screen, select a Ledger from the List of Ledgers and enter Account Name. Budgets can also be defined for Cost Centres pertaining to Ledger Accounts wherein you can repeat the same ledger with another Cost […]
Creating Budget for Groups
In the Budget Creation/Alteration screen, set Yes in the Groups field, to set budgets for a group or group of ledgers. In the Group Budget screen, select a Group from the List of Groups and enter Account Name. Enter the cost centre for a group in Cost Centres field, select Not Applicable, if the budget […]