It contains financial guidelines for the future plan of action for a selected period of time.
Multiple budgets can be created for specific purposes in Tally Prime, Such as Marketing Budgets, Finance Budgets, and so on, can also be created.
How to activate Budget and control in tally prime
To activate the Budgets feature in Tally, Select F11: Features.
In the Company Operations Creation/Alteration screen, set Maintain Budgets and Controls? to Yes. Accept to save.
Step 2 Create Ledger (Expense)
Note :
Gateway Of
Tally >> Create
>> Ledger
2.1 Advertisement Ledger Creation
2.1 Stationary Ledger Creation
Step 3 Create Budget
Note : Gateway Of Tally >> Create >> Budget
If You Didn’t Find Budget Then Click On Show More Option And Search Budget After This You Will See Like This.
3.1 Budget Creation
As You Tap Yes On Ledgers Then You Have To
Create Budget Amount Of Particular Ledger .
3.1 Budget Amount Providing
Here Created Yearly Budget For Advertisement Expense And Stationary Items Expense. Now We Have Required To Pass Payment Entry.
After Create Budget You Will See This Budget And Actual Expense Like This :
Now Pass Expense Voucher (Payment Voucher)
Step 4 : Pass Payment Voucher As Your Expense
Now Pass You Entry Which Amount Paid By Your Company.
Here Passed Two Entry For Expense Which Amount Paid By Cash To Advertisement Agency And Other Stationary Shop.
4.1 Advertisement Expense
4.2 Stationary Expense
Step 5 : How To See Budget And Actual Expense
After
Pass Expenses Vouchers, If You Want To See Deference Between Budget And Actual Expense Which Amount Paid.
Note : Gateway
Of Tally >> Profit & Loss A/c
Here Click
On Indirect expense
Now Press F10 key after this choose Your budget
As
You Press F10 Key Then You Will See Like This
Here You Required To Click On Created Budget (Office Budget)
After This You Will See Like This :
