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The day book s a list of all transactions for a particular day,by default the current date.It can also list all the transactions for a periodsTransaction includes all the financial vouchers,reversing,memorandum,journals as well as inventory vouchers.

A Stock Summary is a statement of the stock-in-hand on a particular date. It is one of the primary inventory statements that is generated in Tally.ERP 9 and updates the stock record in real time as and when transactions are entered. Stock Summary provides information on stock groups and shows the quantity details, rate and closing value of the stock items under them.The statement can be drilled-down, as with all Tally.ERP 9 reports, and configured to enable you to view different details, for instance, the total flow of stock can be viewed with a single report.Tally.ERP 9 treats Stock Summary as one of the primary statements and makes it accessible directly from the Gateway of Tally.To view Stock Summary,Go toGateway of Tally > Stock Summary By default,Stock Groupbalances are displayed. SelectDetailedto show another level of detail. The Stock Groups displays total quantities, as the unit of measure is the same for all the stock items added.A grand total is also available as there is a single unit of measure for all addable items. If there were different units of measure, then the grand total would not be calculated and displayed.

Banking Module has been enhanced in Tally.ERP 9 to simplify the overall banking experience. A separate menuBankinghas been provided underUtilitiesin theGateway of Tally. The user need not go to different menus to operate the banking related operations in Tally.ERP 9, such as PrintingCheques(pre-Configured),BRS(Bank Reconciliation Statement), PrintingCheque/Cash Deposit Slips, printingPayment Advices, managingCheques, Import Bank Statement forAuto BRS, etc.The banking transactions can now be provided withBankAllocationdetails such as theTransactionType,InstrumentNo,Date, etc. A single bank amount can also be allocated tomultipletransactiontypessuch asCheque,ElectronicCheque,ElectronicDD/PO,InterBankTransfer,OthersandSameBankTransferbased on the requirement.TheBRSscreen now provides detailed information with regard to transaction types, instrument no., instrument date, cheque favouring, etc. The user can also provideOpeningBRSforunreconciledtransactions.Features of Banking in Tally.ERP 9The salient features of Banking in Tally.ERP 9 are as follows:Cheque Printing: Allows user to configure cheques for banks using sample formats provided, which come along with images. Supports multiple Cheque formats for a single bank. Allows user to print the pending or already printed or the required cheques continuously from a single screen. Also allows user to update the cheque details and have track of cheques to be printed, of a selected or all banks. Vertical Cheque Printing is an enhanced feature in cheque printing. Configurations can be stored on Tally.NET for easy maintenance and update.Cheque Register Allows user to configure cheque number ranges for Auto cheque numbering based on cheque range. Duplicate cheque number validation Report for cheques issued (like the issue log slip in the cheque books) Inventory of cheques available (not used) Stale/cancelled cheque management Filters based on Cheque rangeBank Reconciliation: The BRS screen allows user to reconcile the bank account. This screen will now provide detailed information with regard to transaction types, instrument no., instrument date, cheque favouring, etc. User can also provideOpeningBRSfor unreconciled transactions. Allows user to import bank statements to performAuto Bank Reconciliation.Deposit Slips: Bank-wiseCash Deposit Slipsfor the Cash being deposited can be generated automatically along with cash denominations. Cash Deposit Slipsthat are required to accompany Cash that is being deposited to the Bank can be generated automatically along with cash denominations.Payment Advice: The payment advice sent to the suppliers / other parties along with the cheques/other instruments may be generated quickly from the voucher itself.To access Banking, go toGateway of Tally>Banking.

Migrating Banking Vouchers for Existing DataWhen the existing users of Tally.ERP 9 access their company data using Tally.ERP 9 Release 3.0 for the first time, will migrate the Banking vouchers.On completion of migration, the following has to be considered for Bank Reconciliation: TheTransaction Typerow in theBankReconciliationscreen will be blank. The user mayalterthevouchersand select the appropriatetransactiontype(Cheque/DD) in theBankAllocationtable andacceptthe vouchers, in case required.

TheInstrumentDatedisplayed in the Bank Reconciliation screen will be theVoucherDate. The reconciliation will be based on theInstrumentDateprovided in the Bank Allocation table and not on theVoucherdate.

The Bank Reconciliation screen lists thetransactionson the basis of eachtransactiontypeselected in the voucher.Example: A single banking voucher havingCheque/DDandElectronicChequeasTransactiontypewill be considered as two transactions in the Bank Reconciliation screen.More:Banking FeaturesCheque PrintingAuto Bank ReconciliationManual Bank ReconciliationCheque Deposit SlipCash Deposit SlipPayment AdviceCheque Management

For the benefit of business entities and users, Tally.ERP 9 has provided the facility of selecting the formats which include configurations and output file type for printing the cheques. Currently, the formats of many banks with supporting file types -Excel,CSVandMT940are made available. Depending on the formats pre-filled in the ledger master of the bank selected in payment/contra voucher and the output file types supported for it, the cheques can be printed.In Tally.ERP 9, Bank Reconciliation capability is enhanced toview,importthe bank statements and toAuto Reconcilethe transactions.For Auto Bank Reconciliation (importing Bank Statement), validTally.NET SubscriptionandInternet Connectivityare required for performing auto reconciliation. To know how to enable Auto Bank Reconciliation, clickhere.To view, import and auto reconcile the banking transactions:Go toGateway of Tally > Banking > Bank Reconciliation >select theBank > Bank Reconciliationstatement appears

For banks enabled with the feature of auto reconciliation in ledger master, the buttons: B: Bank StatementandR: Reconcile Unlinkedappear on theright side button bar D: Delete Unlinkedbutton appears on the button bar aboveInfo Panel.Note: The facility to Import and View Bank Statements will get enabled only for banks enabled with auto reconciliation feature in bank ledger creation / alteration mode.BankStatementBank Statement button with the facility to view and import is provided to meet the customers requirement. There could be cases where the user just want to view it and not import the statement directly or wants to view it before it is imported, mainly to confirm that its the same file that has to be imported.Reconcile UnlinkedOnce the transactions are imported and reconciled, if there are any entries appearing under the sectionAmount not reflected in Company BookstheReconcile Unlinkedbutton needs to be used to reconcile it.Delete UnlinkedDelete Unlinkedbutton is provided to delete the unlinked vouchers.View Bank StatementTally.ERP 9 makes it possible for the user to view the Excel, MT940 or .CSV files in a readable format, with an option of choosing to import or not to.Click onB:Bank Statementbutton or pressAlt+Bkey.On pressing the button, theBank Statement Filescreen displays theDirectorywhich was specified as theLocationof Bank Statements inF12: Configuration > Banking Configuration. Select the required file format inFile Typefield based on the format of bank statement being imported.InFile Namefield, alist of Excel fileswill get displayed. To view theBank Statementwhich would be imported, click the buttonI: With Viewor pressAlt+I.

PressF12: Configure. The optionShow Imported Bank Statementwill be displayed and set toYesby default. Using this option, the bank statement which is already imported can be selected again for import. The files will be listed in alphabetical order with details of file type and import status (showing whether it is already imported or not).The Bank Statement appears as shown:

Users can either import the statement usingImportbutton orQuittheBankStatementscreen by pressingEscapekey or click onCtrl+Q:Quitbutton (where the user is not intending to import the file).Import Bank StatementIn the Bank Statement screen which is previewed pressI:Importbutton. Users must ensure that the bank statements being imported havent been edited or altered in any way. If any changes are made, the error message -Not a valid formatwill be displayed while importing the statement.During import, theImport progress bargets displayed followed by theSuccessmessage with count ofTotal Entriesin Bank Statement, transactionsReconciledandAdditional Bank Entries.The Bank Reconciliation Statement with Imported Bank Statement details appears as shown:

The Reconciliation found at the bottom of the screen shows:4. . Balance as per Company Books. Amounts not reflected in Bank. Amount not reflected in Company Books. Balance as per BankTheBalance as per Company Booksreflects the balance as on the last date (in the example, it is 30th April).TheAmounts not reflected in Bankare the debit and credit sums of all those vouchers, whose Bank Date is eitherBLANK, orLATERthan 30-Apr (i.e. these vouchers have not yet been reflected in the bank statement).TheAmount not reflected in Company Booksare entries which are present in the bank statement but are not recorded in company's books.TheBalance as per Bankis the net effect of the Book Balance offset by the amounts not reflected in the Bank which must be equal to the balance in the bank statement.Note:Some discrepancies may persist due to entries made in the bank statement, which may not have been entered in the books of accounts.Auto Reconciliation of e-Banking TransactionsAfter Importing the file, the bank dates will get filled inBankDatesfield automatically inBankReconciliationscreen.However, there may be transactions which have been executed at the banks end (example, bank charges, interest credit etc.) but not yet reflected in the books of accounts. Such transactions will appear under theAmount Not Reflected in Company Booksin BRS statement with the required details.

User can eitherReconcileUnlinkedtransactions toexistingtransactionsorcreatea new voucher(to create vouchers click onC: Create Vouchersbutton or pressAlt+Ckey) using this information or delete them.Note: It is suggested tosavetheBankReconciliationbeforereconciling the Unlinked Transactionsto avoid mistakes.1. Reconcile UnlinkedIn this example, there is a withdrawal of2,500on23-4-2012which is not reconciled. To reconcile the transaction select the transaction displayed underAmount Not Reflected in Company Booksand click onR: Reconcile Unlinkedbutton or pressAlt+R.

Application will display the transaction(s) matching the Transaction amount for selection. Select the appropriate transaction using spacebar and press Enter. The Status will be displayed asReconciledSuccessfully.2. Reconcile All UnlinkedTo reconcile all unlinked transactions without having to select one by one simply the reconciling process, pressR: Reconcile All Unlinked. This option provides a simple and convenient option to reconciletransactions from the imported statement and company's book from a single screen without having to manually match the transactions.AnUnreconciled Transactionsscreen will display matching transactions and the amount not reflected which is about to get reconciled is shown underTransaction from Bank Statements to be Reconciledas shown below:

PressEnterto accept the transaction displayed to link and to reconcile

PressQuitorEscto skip the current transaction and proceed to the next for reconciliation. To stop the reconciliation process, pressAlt+S:StopIf there are no matching transactions, then the screen will be blank and the amount not reflected will be showing the transaction on the top. In case, there are no transaction to link, a messageNo unreconciled transaction exists with same amountwill be displayed as shown below:

3. Create a New VoucherIf there is any transaction which is not reflected in the books of accounts, clickC: Create Voucherbutton or pressAlt+Ckey to navigate toVoucherCreationscreen.

On recording the transaction against theAmount Not Reflected in Company Books,the details displayed will be removed from theAmount Not Reflected in Company Bookssection indicating that the corresponding entry is found in the books of accounts.Note:You can record aPayment/Receipt/Journalvoucher to account for those entries that are not reflected in Company Books.4. Error on re-importing the Excel/csv fileWhile selecting the bank statement for importing, the statement which is already imported will also appear. To hide the imported statement, clickS: Hide Imported button. On using this button only the statement which is not yet imported gets displayed. TheHide Importedis a toggle button which can also be used toShow Importedstatements.

In cases where the user has already imported anExcel/csv fileand tries to re-import it by mistake, an error message will be displayed indicating that Bank Details are reflected in your books of accounts.

5. View Difference in Bank BalanceTo view difference in Bank Balance click onF12: Configureand the optionShow Difference in Bank BalancetoYes

ThedifferenceinBankBalance(difference inBalance as per BankandBalance as per Imported Bank Statement) will be shown in Bank Reconciliation Statement. In the Bank Reconciliation screen, theBalance as per Imported Bank Statementrefers to the balance displayed on importing the bank statement for reconciliation.

For details on how to set bank dates for all transactions at one go, clickhere.

TheBankReconciliationoption in theBankingmenu allows the user to perform the followingoperations: ReconcileBank accounts. Createvouchers from the Bank Reconciliation screen itself. The user can also provideopening BRSfor unreconciled transactions. Alterthe voucher by selecting the required transaction from the Bank Reconciliation screen. Filterthe report to display transactions based on Amount, Bank Date, Instrument No, Instrument Date, Party ledger, etc.Accessing Bank ReconciliationPrinting Bank Reconciliation StatementConfiguring Bank Reconciliation StatementAccessing Bank ReconciliationTo access Bank Reconciliation screen, Go toGateway of Tally>Banking>BankReconciliation TheSelect Bankscreen displaying theList of Bankappears as shown:

Select the requiredBankaccountfrom theList of Bankand pressEnter.TheBankReconciliationscreen of the selected Bank appears. By default thedetails in the Bank Reconciliation screen aresorted based onBank Date(if bank date is already specified for the transaction). Or else, such sorting will be based on theInstrument Date.

Note:1. The Bank Reconciliation screen can also be accessed fromGateway of Tally>Display>Accounts Books>Cash/Bank Books> SelectBankLedger>Selecta month >F5: Reconcile.2. By default, the screen displays the period range from date specified in theEffective Datefor Reconciliation in the Bank ledger master till thedate of last entry.3. TheBankDatehas be to be provided based on theInstrumentDateand not onVoucherDate.Button options in Bank Reconciliation screenF2: PeriodPressF2key or clickF2: Periodto specify a period for which the Bank Reconciliation screen is to be displayed.S: Set Bank DatesTo set a bank date for all the transactions for reconciliation, clickS: Set Bank Datesbutton or pressAlt+Skey.On pressingAlt+S, aSetBank Datesub-screen appears as shown:

Instrument Date:On selectingInstrumentDateas theBank Date Type, theBank Datefield for all the transactions in theBankReconciliationscreen is filled with the instrument date entered for that transaction in the Bank Allocations screen. New Date:On selectingNewDateas theBankDateType, a new fieldDateappears in theSetBankDatesub-screen.

Specify the required bank date that is to be filled for all the transactions in the Bank Reconciliation screen. Voucher Date: On selectingVoucher Dateas theBank Date Type, theBank Datefield for all the transactions in the Bank Reconciliation screen is filled with theDate of Voucher.C: Create Voucher:PressAlt+Ckey or clickC: Create Voucherto create a voucher from the Bank Reconciliation screen itself.U: Opening BRSIn Tally.ERP 9 Series A Release 3.0 onwards the user may provided opening BRS to the unreconciled transactions using this function.The opening BRS will be used in the following scenarios: The BRS feature was used in the middle of the financial year by settingEffective Date of Reconciliationin Bank ledger master in Tally.ERP 9, or Accountingwas started in Tally.ERP 9 in the middle of the financial year. Openingbalanceof Bank havingunreconciledtransactionsbrought forward toBank ledgercreated inTally.ERP 9, or for other reasons.In these cases the user had to manually keep track of the unreconciled transaction until they are reconciled. To provideOpening BRS: ClickU: Opening BRS. The Opening Bank Allocation screen for the selected Bank is displayed as shown:

Provide the unreconciled transaction details based on the nature of transactions (Deposit/Withdrawal) as shown:

Savethe screen. When the company data issplitthe unreconciled transactions will automatically get updated in the Opening BRS details.TheBankReconciliationscreen is displayed withopening BRSprovided as shown:

Provide the date of the realised transactions (the amount reflecting in the bank passbook) in theBankDatefield provided. Savethe Bank Reconciliation screen.Note:When the user tries to accessF12: Rangefor filters in theBankReconciliationscreen, will prompt toAcceptthe current screen before proceeding. PressCtrl+Enteron the requiredtransactionrow to open the voucher in alteration mode.F12: RangeAllows to filter the Bank Reconciliation screen. The user may filter the transactions based on the Amount, BankDate,Date,FavouringName, etc as shown:

Configuring Bank ReconciliationThe user may configure the Bank Reconciliation screen based on his requirement.To configure, PressF12: Configure, theConfigurationscreen is displayed as shown:

Select vouchers to showBy default,allthe vouchers are displayed. Select the requiredLedgerEntriestype from the list.Show Narrations alsoSet this option toYesto display the narration in the Bank Reconciliation screen.Show Remarks alsoSet this option toYesto display the remarks in the Bank Reconciliation screen as shown:

Show Forex details alsoSet this option toYesto display the forex details also in the report.Show Forex Transactions onlyBy default, this option is set toYes. The cheque printing screen displays only the forex transaction.Note:The optionsShow Forex details alsoandShow Forex Transactions onlyappear only in caseMultiCurrencyfeature is enabled for the company.Show Reconciled Transactions alsoSet this option toYesto display the reconciled transactions also in the Bank Reconciliation screen.Allow Back dated ReconciliationSet this option toYesto allow reconciling back dated transactions also.Show Payment Favouring / Received FromSet this option toYesto display thePaymentFavouring/ReceivedFromdetails in the Bank Reconciliation screen.The Bank Reconciliation screen withNarration,RemarksandPaymentFavouring/ReceivedFromdetails is displayed, as shown:

Note:1.TheFavouringNamecolumn displays only those names which are different from theParty/Ledgeraccount names.2. Bank Reconciliation capability has been enhanced, from this screen users can* View the voucher display by pressingAlt + EnterfromBank Datefield* Alter the Voucher by pressingCtrl +EnterfromBank DatefieldShow all Unreconciled Transactions Till DateSet this option toYesto display all theUnreconciledTransactionstill the given date, irrespective of theFromdate set in the Bank Reconciliation Statement.Note:1. This option is also available inGateway of Tally > F12:Configure > General.2.The option set will be applicable toallthebanksfor the selected company.Appearance of NameSelect the requiredDisplay Name Stylefrom the list to display in cheque printing screen.The completed Bank Reconciliation screen is displayed as shown

Printing Bank Reconciliation StatementThe user may print the Bank Reconciliation statement for the required Bank.To Print Bank Reconciliation Statement: Go toGateway of Tally>Banking>BankReconciliation. Select the required Bank account fromList of Bank. The Bank Reconciliation screen is displayed. ClickPrintor PressAlt+P.The Print Report screen appears.

ClickNoor PressNorEscto set the following options: Select Vouchers to Show: By default this is selected asAllVouchers, select the required option from the Ledger Entries list. Show Narrations also: Set this option toYesto display the narration in the report. Show Remarks also: Set this option toYesto display the remarks in the report. Show Forex details also: Set this option toYesto display the forex details in the report. Show Forex Transactions only: Set this option toYesto display the forex transactions only in the report.Note:The optionsShow Forex details alsoandShow Forex Transactions onlyappear only in caseMultiCurrencyfeature is enabled for the company. Show Reconciled Transactions also: Set this option toYesto display the reconciled transactions also in the report. Show Payment Favouring/Received From: Set this option toYesto display the Payment Favouring/Received From details in the report. Acceptto Print.The Bank Reconciliation Statement appears as shown:

Alteration of Reconciled VoucherIn some cases users may alter the reconciled vouchers by changing/splitting the amount, in such cases Tally.ERP 9 will display the message asking the confirmation to continue with the alteration. Users can later a reconciled voucher fromDay Book, Bank Conciliationor fromvoucher reports.Here ABC company is altering the voucher dated3-7-2010(already reconciled) where the company has issued the cheque forRs. 1000toSupreme ComputersNote: To alter a voucher fromBank Reconciliationreport, fromBank Datefield press Ctrl + EnterThe amount of1000has been split into600&400. On saving this voucher Tally.ERP 9 displays the message indicating the reconciled voucher is altered and bank balance in BRS will not Match, hence Bank Date will be removed.