SCENARIO MANAGEMENT

SCENARIO MANAGEMENT

When we want to see the effect of our non - accounting voucher or profit and loss and balance sheet then we use after creating scenario we get a duplicate copy of our profit and loss and balance sheet.

Example:-

ABC company purchase a Computer for Rs. 25,000 on 1-Apr-2014 and the trader wants to know cost of Computer on 31-Mar-2015. He charges depreciation @ 10% on it.

Maintain this transaction.

To maintain:-

Create a company and then activate “budget & control and reversing journal & optional” as follow:-

To Activate Budget & Control and Reversing Journal & Optional: - G.O.T. (Gateway of Tally)--> Press F11 (Company Features)--> Press F1 (Accounting Features).

Now create scenario as follow:-

Path for Scenario creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Scenario--> Create.

After that create ledger as follow:-

Path for ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Single).

Now do voucher entry:-

Path for voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F7 (Journal Voucher).

After that press F10 to open Reversing & Journal Voucher.

Press F2 to change the date and then do Reversing & Journal Voucher entry.

Now you can see the balance sheet as follow:-

Path for View Balance Sheet: - G.O.T. (Gateway of Tally)--> Balance Sheet--> Press “Alt + C” --> Duplicate Balance Sheet.