Podcast
Questions and Answers
What is the purpose of using batches in Tally Prime for a medical agency?
What is the purpose of using batches in Tally Prime for a medical agency?
- To generate purchase invoices for perishable goods
- To enable GST for taxation purposes
- To track the medicine with a specific code and manage stock items with limited shelf life (correct)
- To integrate accounts with inventory for better management
What feature in Tally Prime enables the maintenance of expiry date for batches?
What feature in Tally Prime enables the maintenance of expiry date for batches?
- Maintain Expiry date for batches (correct)
- Enable Batches
- Maintain Account
- Integrate Accounts with Inventory
How do batches help in the categorization of stock items in Tally Prime?
How do batches help in the categorization of stock items in Tally Prime?
- By maintaining account
- By tracking medicine with specific codes
- By rate-wise categorization (correct)
- By enabling bil wise entry
What does the 'Maintain Account' feature in Tally Prime enable?
What does the 'Maintain Account' feature in Tally Prime enable?
Which feature in Tally Prime is used to create a new company profile?
Which feature in Tally Prime is used to create a new company profile?
What does the 'Enable bil wise entry' feature in Tally Prime allow?
What does the 'Enable bil wise entry' feature in Tally Prime allow?
Study Notes
Batches in Tally Prime for Medical Agency
- Batches are used in Tally Prime to manage and track stock items with specific characteristics, such as batch numbers, manufacturing dates, and expiry dates, which is essential for a medical agency.
Batch Management Features
- The 'Batch Tracking' feature in Tally Prime enables the maintenance of expiry dates for batches, ensuring timely tracking and management of stock items.
Stock Item Categorization
- Batches help in categorizing stock items in Tally Prime by grouping similar items together, making it easier to manage and track inventory.
Accounting Features
- The 'Maintain Account' feature in Tally Prime enables the creation and management of ledgers, accounts, and other financial records.
Company Profile Creation
- The 'Create Company' feature in Tally Prime is used to create a new company profile, which includes setting up the company's basic information, such as name, address, and financial year.
Billing and Inventory Management
- The 'Enable Bill-wise Entry' feature in Tally Prime allows for the tracking of inventory and billing at the bill level, enabling more accurate and efficient management of inventory and sales.
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Description
Learn how to manage batch wise inventory details in Tally Prime with this training manual. Understand how to maintain perishable goods or stock items with limited shelf life using batches, and categorize stock items based on rates. Practice examples and sample exercises included.
