How to Create and Use of Scenario in Tally.ERP 9 ?

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Scenario analysis is a complex business process related to futures studies. So , We can create and Use of Scenario in Tally.ERP 9 . First of all , we learn steps for creating scenario in Tally.ERP .

For Creating Scenario , you have to write yes the option of " Use Reversing Journals & Optional Vouchers " in accounting feature of Tally.ERP 9.
After this you will see a new button in Account info. with the name of Scenario .

Gate way of Tally >> Account Info. >> Scenarios

Click Scenarios and then click on create . After this you will see the form of scenarios creation . Give a suitable name to the scenario. In this case, it is Provisional , write provisional and then Set Include Actuals to Yes . Then accept this Scenario creation form .

Now after creating Scenarios we will learn its use :-

Pass the Voucher entry of Transferring Depreciation to Provision for Depreciation account in Reversing Journal

Steps

Gateway of Tally >> Accounting Voucher >> Click Right side button F 10 Rev Jrnl

In reversing journal create ledger of Depreciation ( Under indirect expenses ) by Alt + C and Debit with amount 20000

and then create Provision for depreciation account ( Under provison ) by Alt + C and credit with 20000

After this accept it and then see its in Exceptional Report

Go to Gateway of Tally > Display > Exception Reports > Reversing Journals

You can use scenarios in statements that have the New Column button active . When you click Display the Balance Sheet and Select New Column. In the column details, tab down to Types of Values to Show. Select the scenario named Provisional. After this balance sheet will show actual and provisional report .