Scenario Management is the management tool provided in Tally.ERP 9 with the help of which you
can create multiple scenarios for the purpose of forecasting or to view provisional reports. This
can be done by selectively including certain types of vouchers, which will in no way affect the
regular books. The vouchers that are used in scenario management are
- Optional Vouchers
- Memorandum Vouchers
- Reversing Journals
To configure for Scenarios,
Go to Gateway of Tally > F11: Features > F1: Accounting Features
- Set Use Reversing Journals and Optional Vouchers to Yes
To create a Scenario:
Go to Gateway of Tally > Accounts Info. > Scenarios > Create
- Specify the name of the scenario
Set parameter Include Actuals to Yes/No (as required)
Set parameters relating to Exclude forex gains/loss and Exclude inventory tracking to
Yes/No (as required)
Specify the voucher types to be included/excluded (Use Exclude option only for those
Voucher Types that have been included previously).
To view Scenarios,
Select any report (Balance Sheet, Profit and Loss A/c, Cost Centre and so on)
Select Alt + C (New Column)
Select the scenario
Set parameter Show Variance to Yes/No
Reversing Journals and Optional vouchers are both non-accounting vouchers and hence will not
affect your books of accounts in any manner. The reversing Journal is a separate Voucher Type.
This voucher is effective only when called for in reports as a part of the scenario management. In
case of Reversing Journals, you can specify the date till which it is applicable.
To enter a Reversal Journal,
Go to Gateway of Tally > Accounting Vouchers > F10: Rev Jrnl.
Complete the transaction and specify a date till which it is applicable
To select an optional voucher,
Go to Gateway of Tally > Accounting Vouchers >
Press Ctrl + L: Optional to mark the chosen voucher as optional
This voucher is used when you have to enter a transaction but have incomplete information or the
transaction is not yet completed. It can be regularized at any time, by going into the alteration
mode and clicking on Regular (Ctrl+L) option.