BY: Bhargav Savaliya
Wro:0333387
It is simple & easy to use. it also allows easy keyboard operation.
It provides the capability to generate instant & accurate report
which helps the management to take speedy & correct decisions
for growth of company.
It provide flexibility to generate instant report for any given
period of time.
It offers a special auditors version which provides auditing
capabilities exclusively for chartered accounts.
It provides facility of immediate posting & updation of book of
accounts as soon as transaction are entered.
This is the main screen of
tally which work as a
platform to work in tally
in this screen information
related to current period,
current date &date of last
entry in this screen
current working company
is shown in bold letter
This screen is divided into
four parts:
Product information
Work area
Button bar
calculator
This is the company
information screen of
tally from which we
can select or create
company and can take
backup of data or can
restore the data. by
selecting related
option from the
company information
screen
This is the company
creation screen by which
we can create a new
company
To create a new company:
Go to gateway of tally >
press alt +f3 > company
info.>create company
After filling all necessary
information anew
company can be seen at
the gateway of tally screen
In tally after creating a company with the
required information one can now modify
accounting & inventory features by
Pressing key: F11.
Following are the features of company:
Accounting feature
Inventory feature
Statutory feature
In tally by default there are 20 vouchers
Some of there are as follow:
Contra voucher :to activate contra voucher pressF4
Payment voucher: to activate payment voucher pressF5
Receipt voucher: to activate receipt voucher pressF6
Journal voucher: to activate journal voucher pressF7
Sales voucher: to activate sales voucher pressF8
Purchase voucher: to activate purchase voucher pressF9
Tally allows us to create
different types of vouchers
& record, classify &
segregate voucher as per our
requirements.
For example we can further
classify sales voucher by
creating voucher type
CREDIT SALES & CASH
SALES
To create a new voucher
type from gateway of tally
select account info.>
voucher type >create.
Tally makes our work easier by providing us the capability
to generate various financial statements & other reports
which can be help full for the management of the business
& also becomes helpful for effective control & decision
making
Following are categories of reports available in tally:
Financial statements
Books & registers
Statements of accounts
Financial statement summaries the individual transactions
to show totals,ratios & statistics required by the users to
analyze the company’s financial data in a different way
The financial statements are classified into three major
statements which forms part of the statutory requirements
are:
Balance sheet
Profit &loss a/c
Trial balance
Balance sheet is a
financial statement
that reports the firm’s
financial position at a
specific time it shows
a balance between the
assets & liability of a
firm & the owners
fund.
To view balance sheet
go to gateway of
tally>balance sheet
Profit & loss a/c is a
periodic statement which
shows the net result of
business operation for a
specified period.
It is updated instantly with
every transaction &
voucher that is entered &
saved.
To view profit & loss a/c
press profit &loss from
gateway of tally.
By pressing F2 we can
change the period as per
our requirement.
