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Welcome to Simplified Accounts Studio! In this Lecture 16 of our Basic to Advance Tally Prime 5.1 Course, we’ll learn how to correctly record Trade Discount and Cash Discount entries in Tally. ✅ Understand the difference between Trade Discount and Cash Discount ✅ Enable % Discount Column in Sales Voucher using F11 Features ✅ Activate Cash/Trade Discount Settings from F12 Configuration ✅ Pass Sales Voucher Entry with both Trade and Cash Discount ✅ Real-life transaction example for better understanding Whether you're a beginner or looking to refine your Tally skills, this step-by-step explanation will help you master discount handling in sales transactions. 🔔 Don’t forget to Like, Share, and Subscribe for more Tally Prime tutorials! ________________________________________ 📌 Hashtags #TallyPrime #TradeDiscount #CashDiscount #TallyTutorial #SimplifiedAccountsStudio ________________________________________ 📘 Detailed Explanation for Your YouTube Video Script Hello and welcome back to Simplified Accounts Studio! In today’s lecture—Lecture 16—we are going to learn one of the most common but important concepts used in business accounting: how to record Trade and Cash Discounts on Sales Transactions in Tally Prime 5.1. ________________________________________ 🧾 1. What Are Trade and Cash Discounts? • Trade Discount: This is a reduction in the list price of goods, given at the time of sale, usually to wholesalers or retailers. It is not shown in the books of accounts separately and is deducted directly in the invoice. • Cash Discount: This is an additional discount offered to the customer for making payment within a specified period. Unlike trade discount, cash discount is recorded in the books and affects ledger balances. Tally Assignment for practice: https://drive.google.com/file/d/1Hmy0... Other videos link: Lecture 13: Debit Note Voucher Entry in Tally Prime 5.1 • Debit Note Voucher Entry in Tally Prime 5.... Lecture 14: Credit Note Voucher in Tally Prime 5.1 • Credit Note Voucher in Tally Prime 5.1 | S... Lecture 15: Trade & Cash Discount in Tally Prime 5.1 | Purchase Voucher Entry • Trade & Cash Discount in Tally Prime 5.1 |...