Budget

Expense Budget Name Amount Salary 25000 Rent 15000 Telephone 25000 Stationery 15000 Printing 8000 Postage 7500 Total Expense Budget 95500 Name Royality Commission Discount Interest receive Total Income budget Income Budget

Amount 18000 80000 90000 65800 253800

Actual expense Name Amount Rent 18000 Salary 20000 Telephone 18000 Stationery 7500 Postage 6000 Printing 9000 Name Royality Commission Discount Interest receive

Actual Income

Amount 25000 78000 100000 75000

To enable budget feature in tally Press F11(features) then F1(Accounts)

Then goto accounts info Then ledger

Then create 1. salary under indirect expense 2. rent under indirect expense 3. telephone under indirect expense 4. stationery under indirect expense 5. printing under indirect expense 6. postage under indirect expense 7. discount allow under indirect expense 8. royalty under indirect income 9. commission under indirect income 10. discount receive under indirect income 11. interest receive under indirect income then goto accounts info then budget create

Then goto accounting voucher Then press F5(Payment)

THEN PRESS F6(RECEIPTS)

To view budget varriance goto display

Then Accounts books Then group summary Then select indirect income or indirect expense group Then

Press alt+b to view budget varriance