hello friends so the case number 2 entries we have done on
writing pad in this clip we are going to see it in
teleprime everything has to be done in teleprime in this
clip related to case number 2 let's start without any delay
come to teleprime and all students will create a company
with me sir, what should be the name of the company you
only think about it which we recognize instantly that this
is provision for depreciation case entry sir, we press F3
with Alt and go to create company
I said very very good sir, we write name in this provision
for depreciation
when we will do asset disposal case we will keep the name
of that company provision for depreciation and asset
disposal ok provision for depreciation means case 2 write
address as soon as possible write address as soon as
possible write address as soon as possible ok sir write
address state select as soon as possible mobile number
write email id business key and let's go
www.provisionfordepreciation.com
control control do not enable gst ok no problem let's have
a go first of all bank opening balance capital opening
balance we need we pass an entry to deposit capital
We will be able to get the money to buy the machinery from
the business, there will be no problem.
Yes sir, ok, no problem. Let's do it.
Come to v4 voucher, F6 receipt.
We are doing this because when we buy the machinery, we
will do machinery to bank.
We have to make payment from the bank 2-3 times.
So, there is no money in the bank now, from where will you
make payment?
So, first put money in the bank, we are entering the
capital once.
Write Owner's Capital Account.
Under the heading of Capital Account.
Owner's Capital Account, under Capital Account.
Control A.
Invest 20 Lakh Rupees and create in Debit.
Write HDFC Bank.
HDFC Bank.
Under the heading of Bank Accounts.
HDFC Bank, under the heading of Bank Accounts.
Put any such account number and save it by pressing Control
A.
Control A this screen and write in the narration.
Being Capital Invested by the Owner.
We have done this preparation to learn our work.
And press A with Control and save the screen.
Press Control A and save the screen.
Ok sir, we have saved that screen with Control A.
I said very very good.
Now what do you have to do?
Save it with Control A.
If you want to write a narration, then write it.
Otherwise, there is no problem.
After that, let's go ahead.
And the first entry is Machinery Account, Debit to Bank
Account.
Post this on January 1, 2023.
So let's select the Payment Voucher F5.
And take the date.
Date, date, date.
January 1, 2023.
And friends.
After taking the date of January 1, 2023, you will move
forward.
Now it may happen with some people.
That they are taking the date of January 1, 2023.
And some warning is written below.
That date cannot be above period.
I am writing something like this.
So they need to keep one thing in mind.
They came out a little.
Whenever you have a problem with the period.
Anywhere in Teleprime.
So check the period in two places.
Where? One, when did you start during the time of company
creation?
So press K with Alt.
K with Alt.
Go to A for Alter.
And select this company.
Provision for Depreciation.
And look at the top.
Financial year beginning from.
Since when did you start?
From April 1, 2022.
So if you are putting such an entry.
Which is the date before April 1, 2022.
So Teleman will do it for him.
He will say.
Date cannot be above period.
Or the financial year is selected.
You have done another one.
For company creation.
That's why April 1, 2022.
Or the entries after that can be.
Will not be before that.
So whatever date you have taken here.
Be careful.
The entry I am going to do.
I am going to do it on January 1, 2023.
Right.
So I am here.
It comes after April 1, 2022.
January 1, 2023.
So I can enter.
I will not have any problem doing it.
However, we can also change our year here.
If we want to follow the calendar year.
So we can also take January 1, 2023.
But the main thing to keep in mind.
What I told you.
The date you are taking here.
Entries can be after that.
Will not pass the entry before that.
If you want to do it.
Then you have to go here.
Data will have to be done last year.
Suppose I have taken January 1, 2023.
And I have to do the entry of April 1, 2022.
So I have to come back here.
And then the financial year.
Beginning from books.
Beginning from.
Will have to do April 1, 2022.
Then the entry will be.
With control.
Where is the second place?
Sir.
The second place is right here.
Where I am standing right now.
On the Gateway of Tele.
Right here.
Press F2 with Alt here.
And see the period here.
Which has been selected.
April 1, 2022.
March 31, 2023.
So when you enter now.
So April 1, 2022.
March 31, 2023.
Will be the entry.
If you are.
After April 1, 2023.
If you want to do the entry after April 1, 2023.
Then you have to change the period here.
You have to change the period here.
Okay sir.
I am here from January 1, 2023.
I take December 31, 2023.
So from January 1, 2023 to December 31, 2023.
The entry will be here.
When we go to do the entry of 24.
So here we have to take the period 24.
From January 1, 24.
December 31, 24.
So these are the two places where the period has to be
checked.
Then there is no problem.
Okay sir.
Now let's go to the voucher.
And let's do the entry of the payment voucher.
By going to the voucher.
Payment.
Debt.
Deposit.
Debt.
Deposit.
Debt.
Deposit.
Debt.
Deposit.
Debt.
And look at here.
The person who just entered the capital.
It is missing.
My dear.
Because the last period has gone.
So when you arrive before the last period.
If you select the period, you will see the entry on 1st
April 2020.
You took the period from 1st January 2020 to 23rd December
2020.
That's why it was not reflecting.
Alright.
Now, you take the same period by pressing ALT-F2.
We will always take care of the period.
Alright.
Now, we will enter the payment in V4 Voucher.
F5 Payment.
The date is 1st January 2020.
The debit will be the machinery account.
Press C with ALT.
And write the machinery account in the name.
It will come under the heading of Fixed Assets.
Take the goods and save it by pressing CTRL-A.
How much did you buy the first machinery for? 6 Lakh Rupees.
After 6, 1, 2, 3, 4, 5, 0.
Credit the HDFC bank account.
We are making the payment from there.
Bank.
Machinery No. 1 purchased.
And payment made by bank.
Write it quickly.
And payment made by bank.
Payment made through bank.
Debit machinery account.
Credit HDFC bank account.
Press A with CTRL.
Save this entry.
Very good.
What will be the effect of the first entry?
To see the effect of the first entry, press ESC.
Come out.
You can check.
Asset of 6 Lakh Rupees.
Machinery No. 1.
And at the same time, my dear friends, your bank balance is
14 Lakh Rupees. Which was 20 Lakh Rupees.
You made a payment of 6 Lakh Rupees while buying the
machinery.
So, this is 14 Lakh Rupees.
So, on the asset side, 6 Lakh Rupees is increasing in the
name of machinery.
And on the asset side, 6 Lakh Rupees is falling in the bank
balance.
This is 20 Lakh Rupees.
Both are there.
Here is capital.
That is not there.
Capital is maintained as it is.
Yes, sir.
Next entry is
Machinery No. 2 Account.
Debit to Bank Account.
We are buying Machinery No. 2.
In how much Rupees? 2 Lakh Rupees.
2 Lakh Rupees.
Okay.
Come in V for Voucher.
But this entry has to be done on 1st July, 2023.
So, in F2, take the date.
1st July, 2023.
Take the date in F2.
1st July, 2023.
After that, press ENTER.
And we will debit
Machinery No. 2 Account.
Create Alt C.
Machinery 2.
Under Fixed Assets,
Type of Supply goods will come.
And press A with CTRL.
This is a purchase of 2 Lakh Rupees.
It will come in our amount.
2, 1, 2, 3, 4, 5, 0, 2 Lakh.
And press ENTER.
Once credit will come.
Press ENTER again.
You will reach here.
And select HDFC Bank.
This time also payment is 2 Lakh Rupees.
Press ENTER again.
Save this screen with CTRL A.
And write Narration.
Being Machinery No.
2 Purchased and Payment made by Bank.
And Payment made by Bank.
Being Machinery No.
2 Purchased and Payment made by
Bank.
Yes Sir, we have written.
Very, very good.
With CTRL Press A and save it.
This is also the entry of July 1, 2020.
We have done it.
What will be its effect?
Let's come to Teleprime.
Come out.
B for Balance Sheet.
Alt F1.
Look at this.
Machinery No. 2 came.
2 Lakh Rupees.
And Bank Balance.
14 Lakh Rupees.
14 Lakh Rupees. 2 lakhs balance has been reduced to 12
lakhs 2 lakhs bank balance has been reduced ok sir because
we have paid 2 lakhs more good next entry in your notes
next entry is the next entry is on 31st of December, last
day of the year to deposit depreciation yes come to
teleprime press escape and sir this time there is provision
in the depreciation entry this time there is provision
press v for voucher depreciation account debit to provision
for depreciation depreciation account debit
provision for depreciation can this entry go in contra
voucher? no is this entry not in payment or received
voucher? no is this entry in sales? no journal voucher
journal voucher press F7 take date F2 select voucher select
date take date 31st December 31st December take date 31st
December enter debit alt c depreciation account
depreciation account under the heading of indirect expense
depreciation is an indirect expense indirect expense spence
spence spence depreciation depreciation
depreciation depreciation depreciation depreciation
depreciation depreciation depreciation create provision for
depreciation account with alt write in name provision for
depreciation account write in name provision for
depreciation account and the interesting thing is you can
make provision account for all three machinery depreciation
you can make for all three detailed presentation so write 1
in front of it provision for depreciation account no.1
means we will put first machinery depreciation
it is but sir tell me one more thing what is under? under
provisions write provisions provision for depreciation
account under the heading of provisions press a with
control write 60,000 write 60 for machine no.1 write 60
press enter twice press c with alt write in name provision
for depreciation account under the heading of provision yes
under the heading of provision press a with control write
10,000 depreciation for second machinery write in narration
depreciation on machinery no.1 and no.2
to provision for depreciation no.1 and no.2 respectively
respectively ok sir see it carefully depreciation will be
debit and provision for depreciation depreciation for no.1
will be credit and for no.2 will be credit write in
narration depreciation on machinery no.1 and no.2 transfer
to provision for depreciation no.1 and no.2 press skip
press b for balance sheet press f1 with alt press f1 with
alt yes sir you would find machinery no.1 and no.2 no.1
provision provision credit credit liability
premium depreciation premium depreciation premium premium
premium Depreciation is coming from other side
One way is to keep depreciation from machinery account
This is one way
Keep machinery account
Keep depreciation from other side
This is better presentation
You can see the cost of machinery
How much did you buy? 6 Lakhs
Till machinery is there, its cost price will be reflected
in balance sheet
And total depreciation from other side
Suppose, first machinery from 6 Lakhs 60,000 minus
How much depreciation will be reflected in balance sheet?
As shown in case 1, 5 Lakhs
How much depreciation will be reflected in balance sheet?
Nothing 6 Lakhs depreciation 60,000 minus 5 Lakhs
This is better presentation
To get better presentation
Companies do this
Next Entry
P&L Account Debit to Depreciation
Tally will pass by itself
Press P for P&L
Press F1 with Alt
Depreciation P&L Account
Debit side is shown 70,000 Tally will pass by itself
As soon as you create depreciation account
Under the heading of indirect expense
Tally will pass by itself
Next Entry is 1st July, 2024
Entry to buy 3rd machinery
Come here
Come to Gateway of Tally
Press V for Voucher
Enter to Payment Voucher
Select Voucher
Select F5
Select Payment Voucher
Select Date
Press F2
Friends You are buying 3rd machinery 1st July, 2024
Press Enter
Warning Warning What is the warning
Date cannot be above current period
Entry above 31 December, 2023
Tally gives warning
What to do
Press SK
Come to Gateway of Tally
Select Period
Press F2
Select Period
Press F2
Select Period 1st January, 2023
Entry above 31 December, 2024
If we select 1st January, 2024
Then Entry above 31 December, 2024
Free Entries Disappear From Your Day Book
That's Why
You Have To Select Period And Show
You Can Do Like This
There Is No Difference
You Can Do Like This
In Alt F2
If I Start Next Year
There Is No Problem
I Will Do Like This
Come In Next Year
Next Entry You Have To Do
Machinery To Bank
Now Go To Veefer Voucher
Press F2
Write Date 1st July
Now Write Date 1st July
Now It Will Accept
Now It Cannot
Debit Will Be
Machinery No.
3 Account
Press C
Write Name
Machinery 3 Account
Under The Heading Of
Fixed Assets
Under The Heading Of Fixed Assets
Press A
Machinery No.
3 4 Lakh 4 Lakh
Credit HDFC Bank Account 4 Lakh
If We Buy Loan
Then Name Of Party Will Come
Then Entry Will Be In Payment Voucher
Then Entry Will Be In Journal Voucher
Why Entry In Payment Voucher
In Journal Voucher
Name Of Party
Under Sentry Creditors
Ok Press Ctrl A
Write Narration
Bank Machinery No.
Purchased And Payment Made By Check
PAYMENT MADE BY CHECK
BEING MACHINERY NUMBER 3 PURCHASED AND PAYMENT MADE BY
CHECK yes sir, ok ok now press A with CTRL and save it this
entry will be saved the entry to buy 3rd machine will also
be saved after this come to notes
NEXT ENTRIES after coming to notes you will find
NEXT ENTRIES here are the NEXT ENTRIES
Depreciation Account Debit to Provision for Depreciation
Machinery No.
Depreciation from 1st Day of Year to Date of Sale 27000
Let's do it my dear friends
Let's do it
Let's do this entry on 1st July, 2024
And this will be in Journal Voucher
Please take care
This would be passed in Journal Voucher
So take F7
Debit to Depreciation Account
Done 27000 Enter Enter Credit to Provision for Depreciation
Account No.
No. 1
Machinery No.
1 has 27000 Depreciation
And write in the Narration below
Being Depreciation Charged
Being Depreciation Charged on Machinery No.
From From 1st Day of Year 1st January, 2024 to
Date of Sale
That is
1st July, 2024
5,40,000 was the remaining value
On that you have put 10% for 6 months 27000 27000 Yes Sir
Save it by pressing CTRL-A
Yes Sir, we have saved it
Let's move towards the next entry
Sir, P&L to Depreciation
This must have been posted by Telly
Yes Sir
Let's see in Telly Prime
Whether Telly posted this entry or not
Let's escape and come out
P for P&L, Alt-F1
Look, 27000 is visible
Sir, where did 70 go?
Look at the period above 1st January, 2024 to 1st July, 2024
If you want to see that too, press F2 with Alt
And from 1st January, 2023 to 31st December, 2024
Select the whole 2 years
Look, 70 and 27, we are showing 97
And if you look at the current year 1st January, 2024 to
31st December, 2024
It will show 27000
If you want to look at 2023 by pressing Alt-F2 1st January,
2023 to 31st December, 2023
It will show 70,000
Okay Sir
So, the period has a big role
Now, 1st January, 2024 to 31st December, 2024
I will take 27000, Depreciation
Yes Sir, it's fine, okay
No problem
I said okay, let's move towards the next entry
Telly has posted the entry itself
Now, let's move towards the next entry
Provision for Depreciation to Machinery No.
The entry for Provision is 87000 87000 Come to Telly Prime
Come to Telly Prime
Let's come to Telly Prime
Friends, it's like this
Provision for Depreciation No.
1 account
Provision account
Why did you open it?
So that he can save Machinery No.
1 from Depreciation
And till date, how much Depreciation has that poor guy
tolerated?
Sir, 60,000 last year
Total 87000
Where will this thing be seen in Telly?
This thing will be seen in Telly
Press B for Balance Sheet
Press F1 with Alt
F1 with Alt
B for Balance Sheet
F1 with Alt
After that, friends
You can see 97000 total in Provision
Enter on this
And see
How much money is there in Provision for Depreciation No.
Provision for Depreciation No.
1 87000 rupees 87000 rupees 87000 87000 87000 This is the
Depreciation till date
Go inside this 60,000 is coming from last year
And you have put 27,000 this year
In this way, total 87 is coming
You can go inside this
Yes, sir
We understand this
Now we don't need this provision
Now we don't need this Provision for Depreciation No.
Machinery is leaving us No.
So what we will do about Provision for Depreciation No.
Nothing Machinery is leaving us
Provision for Depreciation No.
Finish it
We will enter this
Enter in V for Voucher
Enter in Journal Voucher
Enter F7
Sir, already selected
Will you put date?
Yes, sir
What is the date? 1st July, 2024 1st July, 2024 1st July,
2024
Enter in Voucher
Debit Provision for Depreciation No.
Debtion I was going with depreciation
But it seems to be time for the debit
Debit while finishing
Enter
Entire market reach to close with 87000
See down here
Current balance should list to 0
Current balance of Provision for Depreciation No.
You will see 0 as soon as you will do debts
As soon as you will do debts So far it was 87 in the credit
So as soon as you will debit 87
Then the current balance will leave at 0
We don't need that account, so we have to make it zero.
That's why provision for depreciation was made one separate
and two separate.
That's why it was made one separate and two separate.
Why sir? Because if you are putting it in one, then how do
you know the depreciation of this machine till date is
87000.
That's why the provision account is different.
We will credit machinery number one account.
Machinery number one account is 87000.
87000 Press enter and see the narration below.
Provision for depreciation account number one
Closed to machinery one account.
Provision for depreciation account number one Closed to
machinery number one account.
Closed the provision for depreciation account by using the
account of machinery number one.
Press a with control and come out.
Gateway of telly
Come on, sir, we have come to the gateway of telly.
After coming to the gateway of telly, my dear friends,
press B for balance sheet.
Press F1 with Alt
See how much balance is left in the provision.
Sir, only 10,000.
Why? The remaining 60,000 is over.
Now there was no need for that provision account.
Enter and see provision for depreciation account 2 is
visible.
10,000 one account We do not have.
Sir, it seems as if one account has disappeared forever.
If we have to go and see the provision for depreciation
account, then how will we do it?
Press escape and come out.
Yes, sir.
Press D for display.
A for account books.
Press A.
Press L for ledger.
Here you will get provision for depreciation account 1.
D for display.
A for account books.
L for ledger.
Come to provision for depreciation account 1.
Press F2 with Alt.
Select the whole period.
1 January 23 to 31 December 24.
Select the whole period.
1 January 23 to 31 December 24.
Enter and see.
The whole view has come.
Provision for depreciation account.
The depreciation has suffered 60 thousand 1 The
depreciation has suffered 60 thousand 1
Total 87.
Below you can see the closing balance.
Now, to the next entry.
First Entry is Bank Account Debit to Machinery Account
3,86,000
Entry will be in Received Voucher Press V for Voucher
Select F6 Received Voucher
Select Bank Account Debit to Machinery Account 3,86,000
Machinery 1 Sold and Amount Received by Check 3,86,000
Entry will be on 1st July 2024
Press A with CTRL
Before that think what will be the effect of this entry
Can you think what will be the effect of this entry
Try to think
What will be the effect of this entry
Let me tell you
Bank balance will increase 3,86,000 And Machinery 1
Your value of Machinery 1 will disappear
Because you sold Machinery 1
Yes sir, this should be the effect
Let's see if this happens or not
Press A with CTRL
Yes sir
Press SK and come out
Press A with CTRL
Press SK and come out
Yes sir, we pressed A with CTRL
And we came out by pressing SK
Now what to do
Go to B for balance sheet
Come to B for balance sheet
With ALT
Press F1
Bank balance has increased
Earlier it was 8,00,000
Now it is 11,86,000
Congratulations Bank balance increased from 3,86,000
But You were saying that Machinery will disappear
Machinery 1 will disappear
Still 1,27,000
This is due to loss
Oh yes
This is due to loss
Entry due to loss
Then finally it will disappear 1,27,000 is due to loss
Okay Just selling does not work
That's why you think
You sold it empty
And you will have the Machinery account disappeared
Now tell me
It will not happen
Until you adjust its profit or loss
So what is the entry of loss
I will show you in notes
What is the entry of loss
We will do next
Come to notes
Entry of loss
Loss on sale of Machinery 1 to Machinery 1
Let's do this entry
Come out
Go to B for voucher
Take journal voucher
Journal voucher
F2 date
July 1, 2024
The same is selected earlier
July 1, 2024
Take from here
Debit will be done
Loss on sale of Machinery 1 account
Press C with Alt
Write in name
Loss on sale of Machinery 1 account
Surrender Indirect expense
We have to transfer this loss in P&L
So let's take indirect expense
As soon as you take indirect expense
That thing will be transferred in P&L
Okay sir
Take indirect expenses here
Press A with control
Put the amount 127000 Put the amount 127000 Then press enter
And credit
Friends credit
To your machinery account
And as soon as you do it with credit
Below it, the current balance will be 0
Now it is gone
Now the machinery account is completely gone
Machinery 1 account
Write B
Loss on sale of
Machinery 1
Charged Machinery 1 loss
We have charged
Being loss on sale of Machinery 1
Charged Press A with control
All dear children
Press A with control
Escape B for balance sheet
Alt F1
Machinery account is empty
Machinery account
No such amount is visible
And press escape
What to do now
Press P for P&L
Press F1 with P for P&L
And see
Debit side
Loss on sale of Machinery 1 127000 Loss on sale of
Machinery 1 127000 127000 Okay sir
That's all right
D for display
A for account books
L for ledger
DAL Display account books ledger
Machinery 1 account
Alt F2
Select the entire period 1 January 23 to 31 December 2024 1
January 23 to 31 December 2024
Enter Entire period
See friends
Machinery 1 account
I am going to reflect
See the picture of Tally
Take a picture of it
Debit side 6 lakh
Then 87000 here 386 here and 127 here
Now we open
Machinery 1 account
I made it
Case 2
Machinery 1 account
See Debit side 6 lakh
Machinery 1
Highlight of red color 6 lakh
Credit side 60,000 depreciation 60,000 87 87 Provision for
depreciation 386 127 Same picture
Reflecting in Tally
See again
Same picture
Machinery 1 account
Picture Debit side 87 127 Read it
Learn to read
Debit 6 lakh 6 lakh 87 Depreciation 87 Minus value 513000
Machinery 1 513000 386 127000 386 386 127000 Loss 127 is
our loss
Yes sir
It should come
It does not come
It should come
See Now we move ahead
Let's move ahead
Next entry
Here is next entry 31 December
Entry Tally 31 December
Entry Tally Escape Escape V4 General voucher
F2 Date 31 December
Depreciation 39000 DEP Depreciation 39000 Debit 39000
Credit 39000 Depreciation Provision for depreciation
account 2000 Provision for depreciation account 2000 Enter
provision for depreciation account 3 we have not purchased
3rd machine 3rd machine we have not purchased 3rd machine
ok we are putting depreciation on 3rd machine yes we are
putting depreciation on 3rd machine so here create create
my dear friend here create with alt with alt provision for
depreciation account 3 take this provision under provision
provision for depreciation account 3 under provision press
a with control and 20,000 will come 20,000 will come bank
depreciation charged for year 2024 on machinery 2 and 3
through provision for depreciation account number 2 and 3
being depreciation charged for year
on machinery 2 and 3 machinery 2 and 3 depreciation
provision for depreciation account number 3 provision for
depreciation account number 2 and account number 3 save
with ctrl a and see the effect come out by pressing escape
b for balance sheet alt f1 provision 49,000 machinery
number 2 and 3 depreciation machinery number 2 and 3
depreciation machinery number depreciation depreciation
depreciation depreciation depreciation future future future
future future opening up You can also go inside and
It is telling Provision for Deption Account
Deption on 3rd machine is 20
And Depreciation on 2nd machine is 29
If you do F1 with ALT
It will not happen
You can go inside and see
You will get this 20,000 breakup
How it is
Ok Sir
You will get this 29,000 breakup 10,000 last year 19,000
this year
You will get this 29,000 P&L to Depreciation
It will tell you
Let's see
Depreciation 39,000 on 31st December 27,000 Machinery 1 1st
January 24th to 1st July 24th
And 49,000 on 31st December 24th
On Machinery 2 and 3
Total 66,000
Year 2024
If you open year 2024
You will get Depreciation
Ok Sir
Let's come to notes
We have posted all entries
Yes we have posted all entries
Every entry has been posted
As far as case no.
2 is concerned
How should be Machinery account no.
I have shown 1
In 2 it should be
Debit side 200,000
After that
Here also 200,000 should be present
Because till now
Provision no.
2 is tolerating all depreciation
That's why Machinery account balance
Should be intact 200,000 as it is
Let's see
In teleprime
Come to B for balance sheet
See this
Machinery no.
2 200,000
Because now
Machinery account is not tolerating
Provision for depreciation account
All entries are tolerating
Provision for depreciation account
Ok Sir
Machinery no.
3 also 400,000 All entries are tolerating
This is also 400,000
Come to Provision
Provision no.
3 balance 20,000 and 2 account 29,000
Let's see in Provision account
In theory
On pad
See this
Provision for depreciation account
Last day
Machinery no.
2 balance 29,000
Machinery no.
3 balance 20,000
This is teleprime
All entries are tolerating
Everything is same
My depreciation account 70, 27 and 39
This should be seen
In depreciation account
Let's see depreciation account
In teleprime
Let's see depreciation account
Teleprime Let's see depreciation account
Come out
D for display
A for account books
Open depreciation
Open DAL depreciation
Take full period 1 January 23 to 31 December 24
See 70, 27 and 49 70, 27 and 49
Same debit side
In my notes
No problem
Provision for depreciation
Provision for depression
Same Ok How to see P&L account?
In P&L account, you should see 70, 27, 1, 27 and 49 1st
year deption 70, 2nd year deption 27, 3rd year deption 39
and loss and sale of machinery 127
These 4 things should be seen in P&L account
Come to telebrime
and in this, friends, first of all, come out
First of all, come out
Open P for P&L, and then Alt F1 and then detail
Ok sir, you have done
Select period
Alt F2 1st January 23rd to 31st December 23rd
Press enter and see
Depreciation is 70,000 in year 2023
You can see net loss here
As I have shown you on notepad
See this
Here is depreciation and here is net loss 70-70 Let's talk
about year 2023
Now let's select year 2024
Come back to telebrime
Press Alt F2 1st January 24th to 31st December 24th
See this
Here 66, 127 and here 193
Same as on notepad
See what was on notepad
Just that teleprime is reflecting their total
Just that teleprime is reflecting their total 27 and 49 66
And 127 is written separately
And here net loss is coming
And here net loss is coming 193,000 Exactly the same
account teleprime makes and gives
Exactly the same account teleprime makes and gives
Which we learn to make manually
This is the specialty of teleprime
P&L account, depreciation account, machine account,
provision account
It makes and gives itself
Just send it a journal entry
It puts all the effects on balance sheet
It puts all the effects on P&L
What you have to do
You just have to send it to my dear friends
Journal entries
You just have to send journal entries
It does all the work itself
Yes sir, it is fine
Friends, keep revising
If you have any doubt, just ask me
I am doing this to you in license mode
The benefit of doing it in license mode is
We can't depreciate
When we have to do July entry
Then from where will they bring the dates
Therefore, it is not possible
He will not be able to put effect
I enter January 1
From January 1 to July 1 depreciation So, it's okay, sir.
Now practice it, please.
Revise it on time. Whatever the problem is, contact me, ask.
And, listen to as many concepts as you can.
See as many as you can. I keep talking, telling, doing,
commanding, and you're thinking, yes, you're a lettering
robot and things are going in your head.
It's not like that.
As long as you don't sit on a laptop like this and write
this question in front of you, enter it yourself, and get
to the final result, you haven't learned.
One step is to listen. One step is to listen and then
revise it.
The next step is to do that thing yourself and see.
And the last step is to get someone else to do it.
When you get there, then understand that you have achieved
that thing.
You understand the whole thing.
If you don't get there, it's no use.
Okay, sir?
Do revise it.
See you in the next clip.
Bye-bye.
Take care.