Deep study of Feature F11 of tally 9 - Part 1

deep study on the topic of feature 11 of Tally 9 . Each and every yes or no in feature can change the structure and system of passing voucher entries and its effect on final accounts.

In the Gateway of tally this is right side button

Feature 11

In the first part we will discuss today Accounting Feature
Tally 9 divides the Accounting Features in main six categories . You are seeing on the screen
Today we discuss First category
First Category
General
In general catagory , there are three buttons and every button show No but you can write it yes for you business benefit
1st button
Integrate Accounts and Inventory = yes or no
Integrate of account and inventory means automatic relationship of accounting and your stock.
Do you practical study of MS access . In ms access , you see the relationship button . This button is somthing related to that button. Now come on the topic
If you do it yes , it means all purchase and sale effect will show on the balance sheet and profit and loss account . There is other benefit of this that your closing stock is automatically becomes with yes writing . So I suggest you yes
But we should also No in some cases when we physically count the stock and we do not want to automatic effect on our final accounts.
2nd Button
We are business man we do not need to yes the second button , it means if you will do this button yes , then you are Non govt. Organisation and In NGO , they are not allowed to make profit and loss account but tally see both option
3rd Button
If you do trade more than one country , then you can allow multi currency option . For this you have to yes this button . But you are trading only in your country then why are you taking tension , just write no on this button
Rest is next time