Tally course with Accounting and GST > Godown & Bill Quantity Discount

Billed Quantity Discount in Tally

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Overview

Tally software is used to manage the transactions of a business, while Tally machine is used in manufacturing and other industries.

Actual quantity refers to the number of items that are counted or recorded during the transaction. Billed quantity refers to the number that was originally calculated for a transaction or an item.

The Actual Quantity is the number of goods or services that are actually sold, while the Billed Quantity is the number of items on a bill or invoice.

In Tally, we need to consider the difference between these two quantities. This will help us determine whether it is necessary to adjust our pricing or not.

This video tutorial teaches how to remove actual and billed quantity in Tally in Hindi.

How to Calculate Actual and Billed Quantity in Tally

The following formula calculates the actual quantity and billed quantity of a product:

Actual Quantity = (Number of Units Produced) × (Unit Price)

Billed Quantity = (Billed Volume) × (Unit Price)

The unit price can be calculated by multiplying the quantity and unit price per unit. Likewise, the billing volume is calculated by multiplying the number of units produced and the unit price per unit.

Sales Promotion Scheme: Turn More People Into Customers

Businesses need to make sure that they are not losing out on the opportunity of discounting. They should have a strategy in place to make sure that they are able to reduce their prices and still maintain a profit.

A successful discount in Tally strategy can be achieved by making use of discounts and promotions, and also by keeping track of the competition.

The sales promotion scheme is a marketing strategy that involves offering discounts and other incentives to customers in order to increase sales. The benefits of this strategy are many. It helps the company by increasing its profit margins, it helps the customer by providing value for their money, and it also increases customer loyalty.

There are many ways to implement a sales promotion scheme. A common way is to offer discounts or special deals on products or services at certain times of the year, such as Black Friday or Cyber Monday. Other strategies include:

Offering free shipping or free samples with every purchase.

Giving exclusive access to members-only items.

Offering exclusive discounts for social media followers.

5 Types of Sales Promotion Schemes

Businesses have been using promotional schemes for a long time. They are used to increase the sales of their products, to generate interest in their business, and to encourage customers to buy. The 5 Types of Sales Promotion Schemes are:

- A Free Giveaway

- A Discounted Sale

- An Event

- A Contests and Sweepstakes

- A Loyalty Program

Top 5 Trends in Sales Promotion

Expanding Your Brand Reach

Automating Sales Promotion Marketing Efforts

Inspiration Marketing and the Rise of Social Media Content Marketing

Promotional Campaigns and the Power of Group Buying

The Rise of Data as a Business Tool


See More

The first step in setting up a promotion scheme is to determine your goal. To increase sales, the goal may be to get more people into your store or website, or it could be that you want to generate more leads. The next step is determining what you will give away for free by purchasing a product or service. This can be anything from a coupon code for future purchases, an additional product with purchase, or even some added value like a bonus gift card. The last step is determining how many people you want to reach and how long you want the promotion running for.


Tally software is a popular software used by businesses to manage their inventory. It is a must-have tool for most businesses. It helps them to keep track of the inventory and generate reports on sales and purchases.

There are two types of quantity in Tally software - actual quantity and billed quantity. Actual quantity is the number of items sold or purchased, while billed quantity is the number recorded in the system's database.

The difference between the two quantities can be confusing for some people. For example, if one has recorded 100 items in their system, but only 50 were actually sold, then their actual quantity would be 50, and their billed quantity would be 100.


The difference between actual and billed quantity is the number of items that are actually counted. The actual quantity is calculated by subtracting the number of items that were not counted from the total number of items counted.

The billed quantity is calculated by adding up all the items that were counted, regardless of whether or not they were actually sold.

The difference between the actual and billed quantity in Tally is an important concept to understand. Understanding the difference between what you have received and what you have billed is important. This will help you keep your clients happy and avoid any billing issues.

There are many reasons why a business needs to understand the difference between the actual and billed quantity in Tally, such as:

- To provide accurate quotes for your customers;

- To ensure that your company stays within its budget;

- To avoid any billing issues and so on.

Tally is popular accounting software that's used by both small and large businesses. It has a wide range of features that help businesses grow and prosper.

Different types of discounts in Tally:

1. Trade discount: A trade discount is when a buyer purchases goods or services from a seller at a lower price than the original price quoted.

2. Cash Discount: A cash discount is given when the buyer pays for their purchase in cash rather than through credit card or debit card payments.


There are several ways to identify when the actual quantity in Tally is different from the billed quantity in Tally.

1. If a customer has been billed for service that has not been provided, this is considered an overbilling event.

2. When the actual quantity in Tally is greater than the billed quantity in Tally, this indicates that there is an underbilling event.


Billing and actual quantity are two different metrics organisations use to assess their performance. The billing metric is the total amount of money an organisation receives in a given period. At the same time, the actual quantity is the number of products or services an organisation produces during this period.

Organisations use billing and actual quantity to make a profit. This can be done by using these two metrics to determine how much they have spent on production costs and how much they have earned from selling their products or services.

In order to make a profit, organisations need to know what their budget is and what their revenue is.


A sales promotion scheme is a promotional event or program that is designed to increase the sales of a product or service.

A sales promotion scheme can be anything from a discount on a product to a contest, sweepstakes, or giveaway. A company may also use an advertising campaign to promote their product or service to increase sales.

Sales promotion schemes have been around for centuries. They were originally used by merchants who wanted to encourage shoppers into their stores and purchase more goods and services.

Sales promotion is a marketing technique that helps increase sales by offering customers discounts and other incentives.

The main difference between sales promotion schemes and other promotional schemes is that the former's main goal is to increase sales, while the latter's goal is to generate interest in a brand or product.

Sales promotion schemes are also different from traditional marketing communications because they tend to be more short-term in nature.

Sales promotion schemes are a popular strategy used by companies to increase sales. They use different tactics such as offering exclusive discounts or free gifts to attract new customers.

The benefits of using a sales promotion scheme are many and varied. They can help businesses reach new customers, increase customer retention, improve the quality of their products and services, and even gain more control over the market share they have in the industry.

Sales promotion schemes also benefit brands that want to create a sense of exclusivity around their products or services. Sales promotion schemes are a great way to increase your sales and revenue. They help you reach out to customers who might have been overlooked before.

Per-quantity discount on individual items. Introduction. Tally. ERP 9 only allows you to apply discounts at the item level; with this add-on, you can apply discounts to the same invoice on a percentage or value basis. You choose when you want to pay for the item on the bill.

  • Setup: Make sure you're in the Tally Gateway.
  • Navigate to Tally's Gateway> Accounting Vouchers> F8: Sales. The Quantities column is divided into two columns, as you can see.

  • Tally Gateway > Vouchers > press F8 (Sales).
  • Choose the name of the Party A/c and the Sales ledger.
  • Choose a stock item and fill in the Quantity and Rate fields.
  • Enter the discount rate or the discount amount for the stock item in Discount.
  • Select the discount ledger from the drop-down menu.

Select F11: Features from the drop-down menu. Invoices with separate Actual and Billed Quantity columns — Yes.

If both the supplier and the receiver of the goods or services are aware of the discount before supply, the GST liability of the supplier will be lowered, since GST will not be applied on the discount. In terms of GST, there will be no distinction between trade and cash discounts.

Learner's Ratings

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Reviews

B
Binendra Kumar
5

Nice

N
NANDANI PATIDAR
5

Good class

D
DEENANATH
5

This is good system for computer courses

R
Ritika Dhiman
4

Do I need a licence to use tally in proper way or to work with any company?

A
Aniket Sharma
5

Good

A
Amrin taj
5

I'm unable to apply for certificate it's showing technical errors

A
Amrin taj
5

I'm unable to apply for certificate it's showing technical errors

A
Anurag
4

All topics are tech very easy launguage. Your work is very good.

D
DEENANATH
4

Right

K
Kamlesh sharma
5

Very useful

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Course Content

  1. Introduction to Tally
    14m 29s
  2. Getting familiar to Gateway of Tally
    28m 55s

  1. Introduction to Accounting Ledgers & Capital Transaction in Tally
    23m 25s
  2. Accounting Transactions in Tally
    9m 47s
  3. Accounting Reports in Tally
    6m 15s
  4. Assignment : Accounting transaction
    2m 9s

  1. Business Transaction for Purchase in Tally
    13m 50s
  2. Business Transaction for sale in Tally
    24m 45s
  3. Other Business Transactions in Tally
    9m 11s
  4. Reports Generation for Business transaction in Tally
    22m 16s
  5. Assignment : Business transaction and basic reports
    3m 12s

  1. Introduction to Inventory
    20m 39s
  2. Unit Of Measure & Closing Stock new
    24m 27s
  3. Assignment : Introduction of inventory
    1m 28s

  1. GST Introduction
    17m 31s
  2. GST Advantages & GST Number
    27m 23s
  3. HSN code & GST Rate
    8m 30s
  4. TAX Calculation in Tally
    9m 23s

  1. ITC Adjustment & ITC Setoff
    25m 18s
  2. Understanding GST Return filling with Example
    10m 54s
  3. GST setup & Inventory setup in Tally
    18m 46s

  1. GST Transaction Report
    19m 29s
  2. GST Sales Transaction
    14m 48s
  3. GST Reports & ITC
    21m 50s
  4. Assignment : GST Transaction Report
    2m 39s

  1. E way bill Configuration And Transaction in Tally
    17m 24s
  2. Career Guideline
    2m 31s
  3. Assignment : Eway Bill
    1m 32s

  1. Banking Transactions in Tally
    12m 26s
  2. Banking Reconciliation & Cheque Printing in Tally
    34m 28s
  3. Other Transactions in Tally
    14m 34s
  4. Assignment : Banking
    1m 58s

  1. Introduction to Budget in Tally
    21m 29s
  2. Operating Expense Transactions in Tally
    22m 27s
  3. Fix Assets Transactions In Tally
    20m 13s
  4. Assignment : Operating Expense
    2m 1s
  5. Assignment : Budget
    1m 25s

  1. Cost Centre Transaction in Tally
    30m 25s
  2. Predefine cost centers in Tally
    13m 10s
  3. Assignment : Cost Centers
    1m 19s

  1. Voucher Type & Voucher Class in Tally
    30m 21s
  2. Simple Interest Calculation in Tally
    31m 4s
  3. Bank Overdraft Interest Calculation in Tally
    18m 24s
  4. Compound Interest Calculation in Tally
    17m 21s
  5. Assignment : Simple Interest
    1m 29s
  6. Assignment : Voucher Type
    1m 15s

  1. Introduction to Procurement Process
    14m 8s
  2. Procurement Transactions in Tally
    22m 10s
  3. Preclose Order in Tally
    15m 23s
  4. Assignment : Procurement Process
    1m 33s

  1. Sales Process & Transactions in Tally
    18m 1s
  2. Generating Sales Process Reports in Tally
    16m 5s
  3. Assignment : Sales Process
    1m 28s

  1. POS in Tally
    26m 26s
  2. Assignment : POS
    1m 43s

  1. Introduction to Godown Transactions in Tally
    17m 53s
  2. Billed Quantity Discount in Tally
    21m 41s
  3. Assignmnet : Godown & Actual Bill
    1m 53s

  1. Stock category in Tally
    16m 14s
  2. Price List in Tally
    29m 27s
  3. Career Guideline
    1m 17s
  4. Assignment : Price List
    1m 10s
  5. Assignment : Stock Category
    1m 4s

  1. Multi Currency in Tally
    34m 32s
  2. Career Guideline
    1m 55s
  3. Assignment : Multy Currency
    1m 40s

  1. Introduction to Manufacturing Process in Tally
    30m 55s
  2. Manufacturing Process Transactions in Tally
    30m 1s
  3. Understanding Manufacturing Process with by Product in Tally
    30m 44s
  4. Assignment : MFG Process
    3m 48s

  1. Item cost tracking in Tally
    27m 42s
  2. Batch Details in Tally
    31m 50s
  3. Assignment : Batch Detail
    1m 9s
  4. Assignment : Item Cost Tracking
    1m 12s

  1. Financial MIS Reports in Tally
    36m 7s
  2. Inventory MIS Report in Tally
    26m 34s

  1. Mix Supply in Tally
    34m 45s
  2. Assignment : Mix Supply
    1m 56s

  1. GST Detail Report in Tally
    26m 39s

  1. Introduction of Payroll
    27m 27s
  2. Payroll Transactions in Tally
    41m 33s
  3. Payroll Reports in Tally
    24m 50s
  4. Payroll Statutory Reports in Tally
    18m 5s
  5. Assignment : Payroll
    1m 26s

  1. Additional functionalities in Tally
    36m 57s

  1. Introduction to Tally Prime
    31m 48s

  1. Course Summary
    3m 44s

  1. Career Guideline
    35s
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