Efficient Order Cancellation in Tally Prime: A Step-by-Step Guide

To maintain the book of accounts in tally prime with the following details.

Company Details

RKM CREATORS
ADDRESS	New No:6, New Damu Nagar, R.S. Puram, Coimbatore -641002
MOBILE NO	7811200369
WEBSITE	Covairkmcreators.in
EMAIL	covairkmcreators@gmail.com
GSTIN NO	33AAALC7527P1DH
PANCARD NO	AAALC7527P

Sales Orders

Go to Gateway of Tally: Once Tally Prime is open, you'll see the Gateway of Tally screen. This is the main menu from where you can access various features.
Navigate to Statement of Inventory: From the Gateway of Tally, go to "Display" > "More Reports" > "Statement of Inventory" > "All Orders – Sales orders (due only)".
Locate the Pending Sales Order: In the "All Orders – Sales orders (due only)" report, locate the pending sales order raised in the name of Lakshmi Computers for the item "Keyboard".
Enter Pre-close Quantity: Since you've decided to close the sales order due to the item being out of stock, you need to enter the "pre-close quantity" as the balance quantity, which is "2" in this case.
Close the Sales Order: After entering the pre-close quantity, there should be an option or button to close the sales order. Follow the on-screen instructions or use the appropriate function to close the sales order.
Confirm Closure: Confirm the closure of the sales order and provide the reason "Out of Stock" when prompted.
Save and Exit: After confirming the closure, save the changes and exit.

Purchase Orders

Go to Gateway of Tally: Once Tally Prime is open, you'll see the Gateway of Tally screen. This is the main menu from where you can access various features.
Navigate to Statement of Inventory: From the Gateway of Tally, go to "Display" > "More Reports" > "Statement of Inventory" > "All Orders – Purchase orders (due only)".
View the Report: In the "All Orders – Purchase orders (due only)" report, find the entry for the item "Keyboard".
Understand the Columns:
- Ordered Quantity: This column shows the total quantity of keyboards ordered, which is 200 nos in this case.
- Balance Quantity: This column shows the current balance quantity of keyboards yet to be received against the purchase order. In this case, there are 5 keyboards pending.
- Pre-close Quantity: This column represents the quantity you wish to pre-close before the entire order is fulfilled. You have specified 3 keyboards to be pre-closed.
- Rate: This column indicates the rate at which the keyboards were ordered. The rate is 620 in this case.
Review Pre-close Quantity: Consider whether you want to close a portion of the purchase order before it's completely fulfilled. You've specified 3 keyboards to be pre-closed out of the total balance quantity of 5.
Close the Pre-close Quantity: If you're satisfied with the pre-close quantity, follow the relevant steps or options to close the specified quantity.
Confirm Closure: Confirm the closure of the specified pre-close quantity and any reasons or remarks associated with it.
Save and Exit: After confirming the closure, save the changes and exit the report.