Tally - interest calculation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2012 Any One Who Seen That When We Calculate Interest in Tally,
Then in Journal Voucher - We Have Column to Change the Credit Period, But While Entering Sales Invoice We Cant Change the Credit Period, There is No Such Column Comin ??

Amol S Joglekar

Amol S Joglekar (Expert)
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07 August 2012 The credit period is to be allocated at the time of creating the debtors account.

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2012 But It May Vary Bill to Bill...
That is This Bill Credit Period is for 20 Days..
Next One is on 15 Days..
It May Vary..
Then How to Put

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Amol S Joglekar

Amol S Joglekar (Expert)
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07 August 2012 Ther are 2 options for calculation of interest. simple and compound (Cut miti) Go by simple and then it will prompt for rate of interest bill wise. If your version is not supporting this feature, contact the tally man and ask him/her to enable this feature.

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2012 I Have Higest Version That Tally Have till...
I have to Calculate Inteerst Bill by Bill...
That is Bcoz Every Bill May Have Credit Period Different Since Start After Due Date....
But Every Bill Have Int rate Same But Credit Period is Different....
so its not askin in every bill in sales invoice that what is credit period in this sale....?
no such features available i think in tally ???

Amol S Joglekar

Amol S Joglekar (Expert)
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07 August 2012 It is very much available. Please be in touch with the vendor and ask him to enable the feature.