Scenario Management in tally prime

Scenario management is a management tool that enables different displays of accounts and inventory related information, by selectively including certain types of vouchers without affecting the source data. It is useful in generating provisional reports, where entries are not actually made in the main books. It is also a useful forecasting tool i.e. you can forecast the expenses using provisional Vouchers and include them in your reports.

The vouchers that are used in Scenario Management are: –

1. Optional Vouchers
2. Memorandum Vouchers
3. Reversing Journals

Creating a Scenario: –

To Create Scenario,

Gateway of Tally —–>F11 Features —–> Accounting Features

Use Reversing Journals & Optional Vouchers —–> Yes

Gateway of Tally —–> Accounts Info —–> Scenario —–>Create

Create new Scenario for Sales Voucher

1. Create a new Scenario and call it Sales Forecasts.
2. Include Sales Vouchers Optional Only.
3. Create 12 Sales Vouchers, one in each month. Remember to mark them Optional.
4. View the Sales Accounts by drilling-down the Profit & Loss A/c.
5. Bring up New Columns and limit each column date range to the following month.