📘 Lesson — Credit Sales in Tally Prime
1. Credit Sales kya hai?

Credit Sales ka matlab hai jab business customer ko goods ya services abhi sell karta hai, lekin customer uski payment baad mein karta hai.

Simple Words Mein

Maal abhi diya + Paisa baad mein milega = Credit Sales

Credit Sales mein customer ke naam par generally Receivable / Outstanding create hota hai.

2. Simple Example

DSD Computers ne ABC Traders ko:

2 Laptops @ ₹50,000

credit par sell kiye.

Total Sales

2 × ₹50,000

= ₹1,00,000

Customer ne abhi payment nahi ki.

Therefore:

Customer Outstanding = ₹1,00,000
3. Credit Sales ka Basic Accounting Entry
Entry:

ABC Traders A/c Dr. ₹1,00,000

To Sales A/c ₹1,00,000

Meaning
Customer se ₹1,00,000 receive hona hai.
Sales ₹1,00,000 record hui.
Customer receivable create hua.
4. Credit Sales ka Basic Flow

Goods/Service

↓

Customer ko Sale

↓

Payment Pending

↓

Customer Receivable

↓

Later Payment

↓

Outstanding Reduce

🧠 Memory Trick

Credit Sales = Sell Now → Receive Later

5. Credit Sales ki Main Features

Credit Sales mein generally:

Goods/services customer ko immediately provide hote hain.
Payment future date par receive hoti hai.
Customer ledger mein amount due create hota hai.
Sales record hoti hai.
Receivable/Outstanding track kiya jata hai.
Inventory maintained ho to stock reduce hota hai.
Later payment ko Receipt Voucher se record kiya ja sakta hai.
6. Credit Sales vs Cash Sales
Credit Sales Cash Sales
Payment baad mein Payment immediately
Customer receivable create hota hai Customer outstanding normally nahi hota
Customer ledger important Cash/Bank important
Later Receipt Immediate settlement
Sell Now → Receive Later Sell + Receive Now
Easy Memory

Cash Sale: Maal gaya + Paisa aa gaya

Credit Sale: Maal gaya + Paisa baad mein aayega

7. Tally Prime mein Credit Sales

Credit Sales record karne ke liye generally:

Sales Voucher

use kiya jata hai.

Shortcut:
F8
Basic Navigation

Gateway of Tally → Vouchers → Sales

Ya:

F8
8. Credit Sales Entry — Basic Steps
Step 1 — Sales Voucher Open Karein

Press:

F8
Step 2 — Date Select Karein

Correct transaction date enter karein.

Step 3 — Customer/Party Select Karein

Example:

ABC Traders

Customer ledger generally Sundry Debtors ke under maintained hota hai.

Step 4 — Sales Ledger Select Karein

Example:

Sales
Step 5 — Stock Item Select Karein

Example:

Laptop
Step 6 — Quantity Enter Karein

Example:

2 Nos
Step 7 — Rate Enter Karein

Example:

₹50,000
Step 8 — Amount Check Karein

2 × ₹50,000

= ₹1,00,000
Step 9 — Applicable Tax/Discount

Transaction ke according:

Discount
GST
Other applicable charges

enter/check karein.

Step 10 — Bill-wise Details

Agar business bill-wise accounting maintain karta hai, to invoice/reference details enter ki ja sakti hain.

Step 11 — Save
Ctrl + A
9. Credit Sales ka Accounting Effect

Credit Sale ke baad generally:

Customer Receivable

Increase

Sales

Increase

Cash/Bank

Immediately increase nahi hota

Inventory

Decrease, if inventory is being tracked.

10. Complete Example
DSD Computers

Customer:

ABC Traders

Product:

Laptop

Quantity:

5

Rate:

₹40,000

Total Sales

5 × ₹40,000

= ₹2,00,000

Sale credit par hui.

Entry

ABC Traders Dr. ₹2,00,000

To Sales ₹2,00,000

Customer Outstanding

₹2,00,000

11. Customer Later Payment Karta Hai

Suppose ABC Traders later:

₹1,20,000

pay karta hai.

Basic Receipt Entry

Bank/Cash A/c Dr. ₹1,20,000

To ABC Traders ₹1,20,000

Remaining Outstanding

₹2,00,000 − ₹1,20,000

= ₹80,000
12. Partial Payment

Credit Sales mein customer full amount ek saath pay karna zaroori nahi hai.

Example

Credit Sales:

₹1,00,000

Customer payment:

₹30,000

Outstanding

₹1,00,000 − ₹30,000

= ₹70,000

Later customer:

₹40,000

pay karta hai.

Remaining:

₹70,000 − ₹40,000

= ₹30,000

13. Credit Period

Credit Sales mein business customer ko payment ke liye time de sakta hai.

Example:

Invoice Amount

₹1,00,000

Credit Period

30 Days

Customer ko agreed terms ke according payment due hogi.

Common credit periods:

7 Days
15 Days
30 Days
45 Days
60 Days

Actual due date invoice/agreement terms ke according maintain karni chahiye.

14. Bill-wise Details

Credit Sales ke liye Bill-wise Details bahut useful hoti hain.

Isse business individual invoices ko track kar sakta hai.

Example
Invoice Amount Received Outstanding
INV-101 ₹50,000 ₹20,000 ₹30,000
INV-102 ₹80,000 ₹80,000 ₹0
INV-103 ₹60,000 ₹10,000 ₹50,000
Total Outstanding

₹30,000 + ₹0 + ₹50,000

= ₹80,000
15. Credit Sales aur Customer Management

Credit Sales ke saath customer management important ho jata hai.

Business ko track karna pad sakta hai:

Customer name
Invoice
Sales amount
Credit period
Payment received
Pending amount
Due date
Sales return
Adjustments
16. Credit Sales aur Customer Outstanding
Customer Outstanding

Customer se jo amount abhi receive hona baaki hai.

Basic Calculation

Opening Receivable + Credit Sales − Receipts − Returns/Adjustments

Example

Opening:

₹20,000

Credit Sales:

₹1,00,000

Receipt:

₹60,000

Sales Return:

₹10,000

Outstanding

₹20,000 + ₹1,00,000 − ₹60,000 − ₹10,000

= ₹50,000
17. Credit Sales aur Sales Return

Agar customer credit par purchased goods return karta hai, to Sales Return record kiya jata hai.

Generally appropriate Credit Note process use kiya jata hai.

Example

Credit Sales:

₹1,00,000

Sales Return:

₹15,000

Adjusted receivable:

₹1,00,000 − ₹15,000

= ₹85,000
18. Credit Sales aur Receipt mein Difference

Ye bahut important distinction hai.

Credit Sales

Business ne goods/service sell kiya.

Receipt

Business ne customer se money receive kiya.

Example

1 September:

Laptop sold on credit:

₹50,000

→ Credit Sales

15 September:

Customer pays ₹50,000

→ Receipt

🧠 Memory Trick

Sales = Sale of Goods/Service

Receipt = Receipt of Money

19. Credit Sales aur Payment mein Difference
Credit Sales Payment
Business sells Business pays
Customer receivable Cash/Bank decreases
F8 F5
Money later receive hoga Money business se out hota hai
20. Credit Sales vs Purchase
Credit Sales Credit Purchase
Business sells goods Business buys goods
Customer involved Supplier involved
Customer Receivable Supplier Payable
Sales Voucher Purchase Voucher
F8 F9
Money later receive Money later pay
🧠 Easy Memory

Customer se Paisa Lena = Credit Sales

Supplier ko Paisa Dena = Credit Purchase

21. Credit Sales aur Inventory

Agar inventory maintain ki ja rahi hai, credit sale se stock quantity generally reduce hoti hai.

Example

Opening Stock:

100 Laptops

Credit Sales:

20 Laptops

Remaining Stock:

100 − 20 = 80 Laptops

Isliye stock item, quantity aur rate correctly enter karna important hai.

22. Credit Sales aur Profit

Credit Sales ko directly profit nahi samajhna chahiye.

Example:

Purchase Cost:

₹60,000

Selling Price:

₹80,000

Difference

₹80,000 − ₹60,000

= ₹20,000

Lekin business ke other expenses bhi ho sakte hain.

Therefore:

Sales Amount ≠ Final Profit

23. Credit Sales with Discount

Example:

Product Value:

₹50,000

Discount:

₹2,000

Net Sales Value

₹50,000 − ₹2,000

= ₹48,000

Discount ka exact accounting treatment business setup ke according maintain kiya jata hai.

24. Credit Sales with GST

Agar transaction GST ke scope mein hai, to applicable GST details sales invoice mein record ki ja sakti hain.

Depending on transaction:

CGST
SGST
IGST

may apply.

Tax treatment depends on applicable rules and transaction details such as:

GST registration
Place of supply
HSN/SAC
Applicable tax rate

Important: Actual GST rate/treatment ko current applicable GST rules ke according verify karna chahiye.

25. Credit Sales ka Complete Practical
DSD Computers

ABC Traders ko:

10 Keyboards @ ₹2,000

credit par sell kiye.

Sales Amount

10 × ₹2,000

= ₹20,000

Entry

ABC Traders Dr. ₹20,000

To Sales ₹20,000

Later Payment

ABC Traders paid:

₹12,000

Receipt Entry

Bank/Cash Dr. ₹12,000

To ABC Traders ₹12,000

Remaining Outstanding

₹20,000 − ₹12,000

= ₹8,000
26. Practical — Sales Return

ABC Traders ne goods worth:

₹3,000

return kiye.

Adjusted Outstanding

₹8,000 − ₹3,000

= ₹5,000

So customer ko:

₹5,000

aur pay karna hai.

27. Credit Sales ka Complete Flow
Step 1

Customer Ledger Create

↓

Step 2

Credit Sales Record

↓

Step 3

Customer Receivable Created

↓

Step 4

Bill-wise Reference Maintain

↓

Step 5

Customer Payment Receive

↓

Step 6

Receipt Entry

↓

Step 7

Sales Return/Adjustment, if applicable

↓

Step 8

Outstanding Verify

28. Common Mistakes
❌ Mistake 1: Credit Sale mein Cash/Bank debit karna

Credit sale mein payment immediately receive nahi hui, so customer receivable is generally recorded.

❌ Mistake 2: Credit Sale ko Receipt samajhna

Sale aur receipt different transactions hain.

❌ Mistake 3: Customer ko Supplier group mein create karna

Normal customer ledger generally:

Sundry Debtors

ke under maintain hota hai.

❌ Mistake 4: Customer Outstanding check na karna

Credit sales ke baad receivable track karna important hai.

❌ Mistake 5: Sales Return adjust na karna

Customer return ke baad applicable credit note/adjustment record karein.

❌ Mistake 6: Credit Period ignore karna

Due dates aur payment terms track karna useful hai.

🧠 Easy Memory Tricks
Credit Sales
S-R

S = Sell Now

R = Receive Later

Accounting

Customer Dr. → Sales Cr.

Later Payment

Cash/Bank Dr. → Customer Cr.

Sales Return

Customer Return → Sales Return → Credit Note

Voucher

F8 = Sales

📊 Quick Revision Table
Point Credit Sales
Meaning Goods/services sold with payment later
Voucher Sales Voucher
Shortcut F8
Customer Generally Sundry Debtors
Payment Later
Receivable Created
Cash/Bank Not immediately increased
Inventory Generally decreases if stock tracked
Later Payment Receipt Voucher
Sales Return Credit Note process
Main Report Customer Ledger/Outstanding
Memory Sell Now → Receive Later
✍️ Practice Questions
Theory
Credit Sales kya hai?
Credit Sales aur Cash Sales mein kya difference hai?
Credit Sales ke liye Tally Prime mein kaunsa voucher use hota hai?
Sales Voucher ka shortcut kya hai?
Credit Sales mein customer outstanding kyun create hota hai?
Credit Period kya hota hai?
Bill-wise Details ka kya use hai?
Credit Sales aur Receipt mein kya difference hai?
Credit Sales aur Credit Purchase mein kya difference hai?
Sales Return ka Credit Sales par kya effect hota hai?
Practical Questions
Q1.

DSD Computers sold:

5 laptops @ ₹40,000 each

to ABC Traders on credit.

Calculate total sales and customer outstanding.

Q2.

Credit Sales:

₹2,00,000

Customer Payment:

₹80,000

Calculate remaining outstanding.

Q3.

Credit Sales:

₹1,50,000

Receipt:

₹70,000

Sales Return:

₹20,000

Calculate final outstanding.

Q4.

Opening Receivable:

₹30,000

Credit Sales:

₹1,20,000

Receipt:

₹80,000

Sales Return:

₹10,000

Calculate closing customer outstanding.

🎯 Learning Outcomes

Lesson complete hone ke baad student:

Credit Sales ka meaning explain kar payega.
Cash aur Credit Sales differentiate kar payega.
Credit Sales ka basic accounting entry samajh payega.
Sales Voucher aur F8 shortcut identify kar payega.
Customer Outstanding calculate kar payega.
Credit Period ka concept samajh payega.
Bill-wise Details ka importance samajh payega.
Later customer payment ko Receipt se relate kar payega.
Sales Return ka effect samajh payega.
Credit Sales ko Tally Prime mein basic level par record kar payega.