1. Write down features of Tally? OR what are features of Tally? ISO ERP9_ Notes... · 2017-11-26 · Page 1 I. C. S. T. ad www m e k Sir ISO CER INS 1. Write down features of Tally?

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1. Write down features of Tally? OR what are features of Tally?

Ans. Tally is accounting software that is used to record day to day transactions, preparing balance

sheet etc. it is user friendly business software, which makes business account easy and faster.

Managing single and multiple groups is very important feature of tally. Tally is an application software.

It down not require writing any special program for calculating. Tally stores all information about each

account in detail. It is very secured against data tempering. It reduces the work. In manual process,

after entering daily transaction user has to create trading account, trial balance, profit & loss account,

ledger, balance sheet. But in Tally, user just enters daily entry and get balance sheet.

2. List and explain basic types of accounts

.

Account is divided in following three types:

1. Personal account

2. Real account

3. Nominal account

1. Personal account: Any individual person or any firms or any company or a bank is considered

in a personal account.

2. Real account: Account of any physical things. The cash account or goods account are

examples of real account.

3. Nominal account: Account of any invisible things that means that things are in terms of cash.

For example: insurance account, rent account etc.

3. Explain the opening screen of the tally.

Ans. When tally is opened in Windows environment, it shows different menus.

1. The top bar contains the product message and version, system date and time.

2. Then Tally opening screen is displays main three parts as follows.

i. Gateway of tally

ii. Functions buttons

iii. Calculator (command area)

I. Gateway of Tally:

To the left hand side of the screen this part shows different options.

All these options are used to create ledger, group or to see trial balance or for balance sheet.

To the right hand side of the screen, this part shows the list of all companies and at the top it shows

name of selected company.

Ctrl + M are the shortcut keys to activate gateway of Tally.

Function button:

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This part of the screen shows the list of all function keys with its uses.

By selecting the buttons, user can activate that particular function like backup, change, etc.

Calculator (command area) :

This part of the screen is actual command area

In this area user can type command and execute them.

Ctrl + N are the shortcut keys to activate this area.

II. How to create a new company in Tally?

Ans.

1. In tally, company means an organization whose accounts are to be maintained on computer.

2. For that, user have to declare list of all accounts used in that company and then start to enter

daily transactions.

3. Creating company means enter detail information about the company.

4. By default, tally software shows opening green with gateway of Tally, functions button and

calculator.

5. Then click on the function button F3 (Alt + F3) on the button panel to display company info

menu. This show following menu:

Company info

Select company

Create company

Quit

This menu is used for selecting company or for creating a new company.

6. To create a new company, select create company options by clicking this option or by pressing

C.

7. Then the screen display various fields to fill up information like name of company with its alias,

address, currency, financial year, income tax number and sales tax number etc.

8. At the end, it asks whether accept the data or not. If user selects Yes option then that company

is created and it can be loaded from company info menu.

III. Explain uses of the feature options (F11)?

Ans. Features is used to change the options related to the selected company only.

1. For this F11 button in button panel is a short cut.

2. Using this menu, feature of the company are changed that means enables or disables.

3. Various features are available like whether company wants invoicing or not, whether company

required multiple currencies or cheque printing or not, etc.

IV. Explain the use of configuration of company (F12)?

Ans. To configure company, click on F12 button from the button panel. It shows the following screen

in gateway of tally:

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Configuration

General

Numeric symbol

Accts/inv. Info

Voucher entry

Invoice/order entry

Printing

Quit

1. Configuration changes may affect all the active companies.

2. Configuration has different options like general, numeric symbols, accts/inv. Info, voucher entry,

invoice, order entry, printing, etc.

3. General options are used to change information like country detail, date format or graphs in

monthly report, etc.

4. Numeric symbol option is used to change format of the numbers.

5. Accts/inv info option is used to check the default settings. In this option, if user sets allow alias

for the name then only it asks the alias otherwise it doesn’t ask any alias for the name.

6. Voucher entry set the features of the vouchers, such as cost vouchers details, bill wise details,

ledger current balance, etc.

7. Invoice/order entry sets the features of the invoices and purchase, sales order entry.

8. Printing options is used for printing Vouchers, Invoices, Financial Statements, etc.

9. Quit option is used to quit from the configuration menu and go to the previous menu.

V. What is group in Tally?

Ans.

1. In tally, all accounts entries can be grouped or sub grouped according to the need of users.

2. Group means the type of the account. Functions of each group are fixed.

3. Tally provides facility to user to create own group. Also it provides 28 predefined groups.

4. Out of these 28 groups, 15 are primary groups and 13 are sub groups.

Following is the list of groups that affects the Balance sheet.

1. Capital account: Handle investments or owner’s account. It has a subgroup.

(A) Reserves and surplus: All reserves accounts like general reserves, capital reserves etc.

2. Current assets: These assets are divided in 6 sub groups as follows

(A) Bank accounts: Holds bank transactions that means current accounts, savings accounts, etc.

(B) Cash in hand: All cash track in ledger.

(C) Deposits (assets): Fixed deposits, security deposits made by company.

(D) Loan and Advances (assets): If the company gives any loan or advanced to other.

(E) Stock in hand: Keep records of opening or closing stock of the material.

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(F) Sundry debtors: This maintains the list of all companies or persons to whom company gives

material on credit.

3. Current Liabilities: It keeps track of outstanding liabilities or statutory liabilities.

(A) Duties and Taxes: All taxes and duties that are paid by company like Trade duties,

Excise, Local Sales Tax etc., are recorded under duties and taxes.

(B) Provisions: It maintains records of all financial arrangement for possible future

requirements.

(C) Sundry Creditors: Company purchase material or any other things on credit. Then the

list of all companies or persons is under sundry creditors to whom company purchased material.

4. Fixed Assets: Handle accounts of all assets like machinery, buildings, etc.

5. Investments: It keep records of overall investment like shares, Govt. securities, Deposits etc.

6. Loans(liability): It keeps an account of the loans taken by company and has following three

subgroup:

(A) Bank OD accounts: Keep all overdraft accounts.

(B) secured loans: Keep track of loans taken by the company securities against the fixed

assets.

(C) Unsecured Loans: Unconditional loan obtained from Partners/ Directors or other

parties.

7. Suspense Account: This account is used to enter the transactions whose detai9ls are ye to tbe

finalized.

8. Branch / Divisions: All the names of branches, divisions and subsidiaries of the company.

9. Miscellaneous Expenses: Under this group all expenses are entered.

Following group affect Manufacturing, Trading and Profit and loss accounts:

10. Purchase account: It is used to maintain records of all purchase account.

11. Sales account: It keeps record of all sales.

12. Direct income: This group is used for entering all direct incomes like sales of goods.

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13. Indirect income: This group maintains the all incomes other than sales. That means it keeps

record of all incomes like rent received, interest received etc.

14. Direct expenses: This group is used for recording all direct expenses means the purchase of raw

material, or wages of workers.

15. Indirect expenses: This group is used to maintain the records of all expenses other than direct

expense. All salary paid, rent paid, advertisement charges are under indirect expenses.

VI. To create single and multiple groups

Ans.

1. Group is the type of account. Group decides how transactions take place in accounting.

2. Tally provides 28 predefined group. But if user wants to create any other group then use create

group option.

3. These new group is a sub group of existing group.

4. If user wants to create a new subgroup under different groups then follow the following steps:

i. From Gateway of Tally, select Account info.

ii. Then select Group option, as user wants to create group.

iii. If user wants to create single group at a time then select create option from single

group.

iv. Now tally shows data entry screen for group as follows.

Group creation

Name

(alias)

Under:

Group behaves like a sub – ledger ? No.

Name: Enter the name of a group that user want to create.

Under : Select the existing primary group name.

v. If user wants to create subgroups under more than one parent group or under one

parent group then user must select create option from Multiple groups.

vi. Then multiple group creation screen will appear.

a. To create subgroup under one parent group, select that group in the option under group.

b. To create subgroups under more than one parent group, select all items in the option under

group.

VII. Creating, Displaying and Altering Ledgers.

Ledger is a book that is used to store detail of each account. It is actual account heads to which

transaction is identified.

1. When user creates a company, at that time very first user creates different ledgers.

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2. When user wants to create single ledger account of different group then user must select single

ledger option.

3. But if user wants to create different accounts of same group then user must select multiple

ledger options.

For creating ledger user follows following steps.

i. From Gateway of Tally, select Account info.

ii. Then select Ledger option, as user wants to create ledger.

iii. If user wants to create single ledger means each account of different groups then select

create option of single ledger.

iv. No Tally shows data entry screen for ledger. Now enter name of Ledger account to be

created and alias of account, opening balance and group of that account.

v. If user wants to create different accounts of the same group then user must select

create option of multiple ledgers.

vi. In this option, first Tally ask to enter name of the group. Then enter the list of all accounts

of that group with the opening balance. For example stationery a/c, salary a/c, travelling a/c all falls

under the group ‘Indirect Expenses’.

vii. If user want to create various ledger accounts under various groups then select all item in

the under group field.

1. State groups for ledgers and create the ledgers.

1. Ashok starts business with Rs. 100000/-

2. Purchase machinery for Rs. 50000/ and furniture for Rs. 10000

3. Paid amount for rent Rs. 1000/

4. Deposits Rs,. 10000/- in Bank

5. Purchase of goods for Rs. 20000/ from Mr. Ram on credit.

6. Sold goods to Mr. Rakesh for Rs. 10000/

7. Rs. 5000/ withdraws from bank for personal use.

8. Withdraws Rs. 1000/ for office use.

9. Received cash from Mr. Rakesh.

10. Paid to Mr. Ram.

Ans. By default, cash a/c and P&L a/c are available in Tally.

Ledger Group

Mr. Ashok a/c Capital a/c

Furniture a/c Fixed asset

Machinery a/c Fixed asset

Rent a/c Indirect expenses

Bank a/c Bank a/c

Purchase a/c Purchase a/c

Sales a/c Sales a/c

Mr. Ram a/c Sundry creditor

Mr. Rakesh a/c Sundry debtor

Drawing a/c Capital a/c

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2. State groups for ledgers & create the ledgers.

1. Mr. Ram starts business with Rs. 200000/- and deposited into bank Rs. 40,000.

2. Paid for office building Rs. 50000/ and furniture for Rs. 10000/-

3. Purchase raw material of Rs. 10000 on credit from Mr. Avinash.

4. Paid Wages Rs. 2000

5. Paid salary Rs. 10000

6. Return money to Mr. Avinash in settlement of Rs. 9500.

7. Sold goods to Mr. Shekar Rs. 15000/-

8. Received interest on bank amount Rs. 500.

9. Received from Mr. Shekar after discount of Rs. 500.

10. Sold old news paper Rs. 450/-

11. Sold old furniture Rs. 4000/-

Ledger Group

Mr. Ram a/c Capital a/c

Bank a/c Bank a/c

Furniture a/c Fixed assets

Building a/c Fixed assets

Purchase a/c Purchase a/c

Mr. Avinash a/c Sundry creditor

Wages a/c Direct expenses

Salary a/c Indirect expenses

Discount a/c Indirect expenses

Sales a/c Sales a/c

Mr. Shekar Sundry debtor

Interest a/c Indirect expenses

Old newspapers Indirect income

MAGNET COMPUTER CLASSES

I. Record the following transactions in the books of “M/s Albert & Brothers”.

1. Albert starts business with Rs. 50,000.

2. He opens a SBI saving bank account and deposits Rs. 20,000.

3. Bought furniture for Rs. 5,000, machinery for Rs. 10,000.

4. Purchased goods for Rs. 14,000.

5. Sold goods for Rs.8, 000.

6. Purchased goods from Malhotra & Company for Rs. 11,000.

7. Paid telephone rent for the year by Cheque Rs. 500

8. Bought one typewriter for Rs. 2,100 from ‘Universal Typewriter Co’. on credit.

9. Sold goods to Keshav Ram for Rs. 12,000.

10. Sold goods to Rajesh Kumar for Rs. 2000 cash.

11. Amount withdrawn from bank for personal use Rs. 1,500.

12. Received cash from Keshav Ram Rs. 11,900 and discount allowed Rs. 100.

13. Paid into bank Rs. 5,800.

14. Bought 50 shares in X Y & Co. Ltd. At Rs.60 per share, brokerage paid Rs. 20.

15. Goods worth Rs. 1,000 found defective were returned to Malhotra & Co. and balance of the

amount due to them settled by issuing a cheque in their favour.

16. Sold 20 shares of X Y & Co. Ltd. at Rs. 65 per share, brokerage paid Rs. 20.

17. Bought goods worth Rs. 2,100 from Ramesh and supplied them to Suresh at Rs. 3,000.

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18. Suresh returned goods worth Rs. 100, which in turn were sent to Ramesh.

19. Issued a cheque for Rs. 1,000 in favour of landlord for rent for April.

20. Paid salaries to staff Rs. 1,500.

21. Received from travelling salesman Rs. 2000 for goods sold by him, travelling expenses Rs. 100.

Journal entries

1. Cash a/c ……… Dr.

To Capital a/c

2. SBI saving bank a/c ………… Dr.

To cash A/c

3. Machinery a/c ……… Dr.

Furniture a/c ……… Dr.

To cash a/c

4. Purchase a/c ……… Dr.

To cash a/c


To Sales a/c


To Malhotra & Co. a/c

7. Telephone rent a/c ……… Dr.

To SBI bank a/c

8. Typewriter a/c ……… Dr.

Universal Typewriter Co. a/c

9. Kashav Ram ……… Dr.

To Sales a/c


To sales a/c

11. Drawings a/c ……… Dr.

SBI bank a/c


Discount allowed a/c

To Keshav Ram a/c

13. SBI bank a/c ……… Dr.

To cash a/c

14. Investment in shares A/c ……… Dr.

Brokerage a/c ……… Dr.

To Cash a/c

15. Malhotra’s a/c ……… Dr.

Return Outward a/c ……… Dr.

To Bank a/c


To Investment in shares a/c

Investment in shares a/c ……… Dr.

To Profit & Loss a/c

[ selling share is not the core business so whatever profit realized will be entered in profit & loss a/c]

Brokerage a/c ……… Dr.

To cash a/c


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To Ramesh a/c

Suresh a/c ……… Dr.

To Sales a/c

18. Return Inward A/c ……… Dr.

Suresh a/c

Ramesh a/c ……… Dr.

To Return outward a/c

19. Rent a/c ……… Dr.

To Bank a/c

20. Salary a/c ……… Dr.

Cash a/c


Travelling expenses a/c

To sales a/c

Company Name : MAGNET COMPANY

Address: : No. 31, S.S.K. Chawl, Dharavi Cross Road, Dharavi, Mumbai –

17.

LEDGER NAME UNDER GROUP OPENING

BALANCE

SHARE CAPITAL CAPITAL ACCOUNT 10,00,000

LOAN FROM SBI BANK SECURED LOAN 4,00,000

PROVISION FOR

DEPRECIATION

PROVISION 32,500

O/S RENT CURRENT LIABILITY 3,600

O/S SALARIES CURRENT LIABILITY 19,000

DEPOSIT FOR PREMISES DEPOSITS

(ASSETS)

1,55,000

INVESTMENT IN SHARES INVESTMENT 18,550

FURNITURE FIXED ASSETS 15,000

COMPUTERS FIXED ASSETS 80,000

CASH IN BANK BANK ACCOUNT 1,93,000

CASH IN HAND CASH IN HAND 25,000

CLOSING STOCK STOCK IN HAND 67,000

To maintain Stock Statement

Group Categorie

s

Stock item Purchas

e price

Quantit

y

Godown

ECONOMICS MARSHA

L

V.1 300 60 DHARAV

I

V.2 325 80

GLOBAL C.1 450 120

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C.2 500 160

MANAGEMEN

T

HENRY BASIC 125 300 SION

INTERMEDIAT

E

225 325

FINAL 600 350

INDIAN SIMPLE 75 400

ADVANCE 325 600

Goods are purchased from these parties. (VAT @12.5%)

Date Bill

no.

Party name Stock item Godown Qty

1ST MAY OM

001

BABAJI STORE V.2 DHARAVI 45

5TH MAY OM

002

AMUL STORE C.1 SION 50

6TH MAY OM

003

ANAND STORE V.2 SION 60

8TH MAY OM

004

ABINAYA

STORE

BASIC DHARAVI 31

10TH MAY OM

005

AZIM’S STORE FINAL DHARAVI 90

17TH JUNE OM

006

SARASWATI

STORE

INTERMEDIATE SION 15

19TH JULY OM

006

ANAND STORE ADVANCE SION 45

23RD JULY OM

007

ABINAYA

STORE

SIMPLE DHARAVI 75

29TH AUGUST OM

008

BABAJI STORE C.2 SION 52

Goods are sold to these parties. (VAT @12.5%)

Date Bill no. Party

name

Stock item Godown Qty Selling

price

1ST MAY OM

P001

Reliance

store

V.2 DHARAVI 15 650

5TH MAY OM

P002

TATA

store

C.1 SION 40 675

6TH MAY OM

P003

Omtex

store

V.2 SION 53 685

8TH MAY OM

P004

Vishwas

store

BASIC DHARAVI 31 695

10TH MAY OM

P005

Philips

store

FINAL DHARAVI 100 902

17TH JUNE OM

P006

Omtex

store

INTERMEDIATE SION 20 625

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19TH JULY OM

P006

IPL store ADVANCE SION 36 635

23RD JULY OM

P007

Reliance SIMPLE DHARAVI 90 644

29TH AUGUST OM

P008

Philips

store

C.2 SION 42 702

Purchase and Sales Return

On 1st June, goods purchased from Babaji store has been returned. Details are

Stock item Godown Quantity Bill no.

V.2 Dharavi 2 OM 001

On 1st August, goods purchased from Saraswati store has been returned. Details are

Bill no. Godown Quantity Stock item

Om 006 Sion 1 Intermediate

On 1st October, goods purchased from Anand store has been returned. Details are


Om 003 Sion 5 V.2

On 1st July, goods sold to Philips Store were returned. Details are


Om p005 Dharavi 5 Final

On 31st December, goods sold to Reliance company were returned. Details are


Om p007 Sion 2 Simple

On 31st January, 2011 goods sold to IPL store were returned. Details are


Om p006 Dharavi 2 Advance

Contra Entries

1. On 1st September, Withdraw Rs. 50000 from Abhyudaya bank for business purpose.

2. On 30th November, With drawn Rs. 25000 from Cash in bank for business purpose.

3. On 28th February, Deposit Rs. 25000 in Abhyudaya bank.

Charging Depreciation

When amount received from parties use Receipt voucher (F6)

Date Party name MODE OF PAYMENT CHEQUE NUMBER AMOUNT

2nd MAY Reliance store CASH --------------------- 70000

2nd MAY TATA store CASH --------------------- 25000

2nd MAY Omtex store CHEQUE 0229892 42000

2nd MAY Vishwas store CHEQUE C/B 654258 18000

2nd MAY Philips store CHEQUE S/B 7139852 120000

2nd MAY IPL store CASH --------------------- 15500

When amount paid to parties use payment voucher (F6)

Date Party name MODE OF PAYMENT CHEQUE NUMBER AMOUNT

2nd MAY BABAJI STORE CASH --------------------- 30000

2nd MAY AMUL STORE CASH --------------------- 20000

2nd MAY ANAND STORE CHEQUE 8459625 18000

2nd MAY ABINAYA STORE CHEQUE 6548721 6000

2nd MAY AZIM’S STORE CHEQUE 9685721 22000

2nd MAY SARASWATI STORE CASH --------------------- 3000

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On 31 – 3 – 2011 Charge depreciation @ 10% on furniture, 20% on computer, 12.5% on Machinery,

7.5% on Building

Particulars Under category Amount

(Rs.)

Mode of

payment

Discount Allowed A/c

Commission Allowed A/c

Indirect expenses

Indirect expenses

1800

300

Cash

cash

Salary A/c Indirect expenses 500 Cheque

Travelling Expenses Indirect expenses 900 Cheque

Rent A/c Indirect expenses 450 Cash

Brokerage Account Indirect expenses 1250 Cash

Printing & Stationery

Electricity charges

Miscellaneous expenses

Advertisement

Office expenses

Interest

Delivery van expenses

Conveyance Expenses

Refreshment Expenses

Administrative expenses

Discount received A/c

Commission received A/c

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect income

Indirect income

600

1200

820

960

1020

350

125

650

250

450

900

4500

Cheque

Cash

cash

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

COMPANY NAME: - MAGNET BOOK STORE PRIVATE LIMITED

ADDRESS: DHARAVI, MUMBAI - 400017

LEDGER NAME UNDER GROUP OPENING BALANCE

SHARE CAPITAL CAPITAL ACCOUNT 15,00,000

LOAN FROM SBI BANK

SECURED LOAN 5,00,000

PROVISION FOR DEPRECIATION

PROVISION 450000

O/S RENT CURRENT LIABILITY 6000

O/S SALARIES CURRENT LIABILITY 8000

DEPOSIT FOR PREMISES

DEPOSITS (ASSETS) 2,00,000

INVESTMENT IN SHARES

INVESTMENT 60,000

FURNITURE FIXED ASSETS 28,000

COMPUTERS FIXED ASSETS 50,000

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CASH IN BANK BANK ACCOUNT 1,00,000

CASH IN HAND CASH IN HAND 75,000

CLOSING STOCK STOCK IN HAND 50,000

ABHYUDAYA BANK BANK ACCOUNT 1,25,000

MACHINERY FIXED ASSET 2,00,000

BUILDING FIXED ASSET 6,00,000

Discount Allowed A/c

Commission Allowed A/c

Indirect expenses

Indirect expenses

1800

300

Cash

cash

Salary A/c Indirect expenses 500 Cheque

Travelling Expenses Indirect expenses 900 Cheque

Rent paid A/c Indirect expenses 450 Cash

Brokerage Account Indirect expenses 1250 Cash

Printing & Stationery

Electricity charges

Miscellaneous expenses

Advertisement Office expenses

Interest on loan

Delivery van expenses

Conveyance Expenses

Refreshment Expenses

Administrative expenses

Discount received A/c

Commission received A/c

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect expenses

Indirect income

Indirect income

600

1200

820

960

1020

350

125

650

250

450

900

4500

Cheque

Cash

cash

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

Cheque

To maintain Stock Statement

Group Categories Stock item Purchase price Quantity Godown

SCHOOL ENGLISH BALBARATHI 80 1500 DHARAVI

YUVAK BARATHI 75 1000

MATHS ALGEBRA 65 1300

GEOMETRY 55 1200

COLLEGE ACCOUNTS BASIC 85 1100 SION

FINAL 90 1000

MATHS ARITHMATIC 45 1400

STATISTICS 35 1350

Goods are purchased from these parties. (VAT @12.5%)

Date Bill no. Party name Stock item Godown Qty

1STMAY OM 001 BABAJI STORE BALBARATHI DHARAVI 450

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1STMAY OM 002 AMUL STORE YUVAKBARATHI DHARAVI 500

1STMAY OM 003 ANAND STORE ALGEBRA DHARAVI 600

1STMAY OM 004 ABINAYA STORE GEOMETRY DHARAVI 310

1STMAY OM 005 AZIM’S STORE BASIC SION 900

1STMAY OM 006 SARASWATI STORE FINAL SION 150

1STMAY OM 006 ANAND STORE ARITHMATIC SION 450

1STMAY OM 007 ABINAYA STORE STATISTICS SION 750

Goods are sold to these parties. (VAT @12.5%)

Date Bill no. Party name Stock item Godown Qty Selling price

1STJUNE OM P001 Reliance store BALBARATHI DHARAVI 150 100

1STJUNE OM P002 TATA store YUVAKBARATHI SION 400 110

1STJUNE OM P003 Omtex store ALGEBRA SION 530 120

1STJUNE OM P004 Vishwas store GEOMETRY DHARAVI 310 130

1STJUNE OM P005 Philips store BASIC DHARAVI 1000 145

1STJUNE OM P006 Omtex store FINAL SION 200 125

1STJUNE OM P006 IPL store ARITHMATIC SION 360 165

1STJUNE OM P007 Reliance STATISTICS DHARAVI 900 175

Purchase and Sales Return

On 1st June, goods purchased from Babaji store has been returned. Details are

Stock item Godown Quantity Bill no.

BALBARATHI Dharavi 2 OM 001

On 1st August, goods purchased from Saraswati store has been returned. Details are


Om 006 Sion 1 FINAL

On 1st October, goods purchased from Anand store has been returned. Details are


Om 003 Sion 5 ARITHMATIC

On 1st July, goods sold to Philips Store were returned. Details are


Om p005 Dharavi 5 BASIC

On 31st December, goods sold to Reliance company were returned. Details are


Om p007 Sion 2 BALBARATHI

On 31st January, 2011 goods sold to IPL store were returned. Details are


Om p006 Dharavi 2 ARITHMATIC

Contra Entries

4. On 1st September, Withdraw Rs. 50000 from Abhyudaya bank for business purpose.

5. On 30th November, With drawn Rs. 25000 from Cash in bank for business purpose.

6. On 28th February, Deposit Rs. 25000 in Abhyudaya bank.

Charging Depreciation

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On 31 – 3 – 2011 Charge depreciation @ 10% on furniture, 20% on computer, 12.5% on Machinery,

7.5% on Building

Windows Functionality Availability

ALT + F1 To close a company

To view detailed report

To explode a line into its details

To select Inventory vouchers to

alter

At all menu screens

At almost all report screens

At almost all screens in TALLY

At the Inventory/ Payroll voucher creation or

alteration screen.

ALT + F2 To change the period At almost all screens in TALLY

ALT + F3 To select the company info menu

To create/alter/shut a Company

At Gateway of Tally screen

ALT + F4 To select the Purchase Order

Voucher Type

At Accounting / Inventory Voucher creation

and alteration screens

ALT + F5 To select the Sales Order

Voucher Type

To view monthly and quarterly

report



At almost all report screens in TALLY

ALT + F6 To select the Rejection Out

Voucher Type

To change the Sales Order

Voucher Type



ALT + F7 To select the Stock Journal

Voucher Type

To accept all the Audit lists



At Tally Audit Listing screen

ALT + F8 To select the Delivery Note

Voucher Type

To view the Columnar report



At Ledger Voucher screen

ALT + F9 To select the Receipt Note

Voucher Type



ALT + F10 To select the Physical Stock

Voucher Type



ALT + F12 To filter the information based on

monetary value

At almost all report screens

Ctrl + F1 To select payroll vouchers for

alteration

At the Accounting/Inventory Voucher creation

or alteration screen

CTRL + ALT +

F12

Advanced Configuration At Gateway of Tally

Key Combination Used for Navigation

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PgUp Display previous

voucher during voucher

entry/alter

At voucher entry and alteration screens

PgDn Display next voucher

during voucher

entry/alter


ENTER To accept anything you

type into a field.

To accept a voucher or

master

To get a report with

further details of an

item in a report

You have to use this key at most areas in TALLY

At the receivables report - press Enter at a pending bill to

get transactions relating to this bill (e.g., original sale bill,

receipts and payments against this bill, etc)

ESC To remove what you

typed into a field

To come out of a

screen

To indicate you do not

want to accept a

voucher or master


SHIFT +

ENTER

Collapse next level

details

At Voucher Register screen and Trial Balance report

SHIFT +

ENTER

To explode a line into

its details

In almost all Reports:

At a Group/Stock Group/Cost Category/Godowns /Stock

Category - displays Sub Groups and Ledgers/Stock

Items/Cost Centres/Secondary Godowns/Secondary Stock

Categories

At a Voucher - displays its entries and narration

At a Stock Item- displays its godowns and batch details

At Voucher Register screen - displays the next level details

At Trial Balance report - displays the next level details

CTRL +

ENTER

To alter a master while

making an entry or

viewing a report


At all reports


F1 To select a company At all masters menu screen

F1 To select the Accounts Button At the Accounting Voucher creation and

alteration screen

F1 (ALT+F1) To select the Inventory

To view the detailed or

condensed report

At the Inventory/Payroll Voucher creation and

alteration screen

In almost all the Reports

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F2 To change the current date

To select company inventory

features


At the F11: Features screen

F2 To change the current date

To select company inventory

features


At the F11: Features screen

F4 To select the Contra voucher At Accounting / Inventory Voucher creation and

alteration screen

F5 To select the Payment voucher At Accounting / Inventory Voucher creation and

alteration screen

F6 To select the Receipt voucher At Accounting / Inventory Voucher creation and

alteration screen

F7 To select the Journal voucher At Accounting / Inventory Voucher creation and

alteration screen

F8 To select the Sales voucher At Accounting / Inventory Voucher creation and

alteration screen

F8 (CTRL+F8) To select the Credit Note

voucher

At Accounting / Inventory Voucher creation and

alteration screen

F9 To select the Purchase

voucher


alteration screen

F9 (CTRL+F9) To select the Debit Note

voucher


alteration screen

F10 To select the Reversing

Journal voucher


alteration screen

F10 (Ctrl +

F10)

To select the Memorandum

voucher

At Accounting / Inventory / Payroll Voucher

creation and alteration screen

F11 To select the Functions and

Features screen


F12 To select the Configure screen At almost all screens in TALLY

Special Key Combination

Windows FFunctionality Availability

ALT + 2 To Duplicate a voucher At List of Vouchers – creates a voucher similar to

the one where you positioned the cursor and used

this key combination

ALT + A To Add a voucher

To Alter the column in columnar

report

At List of Vouchers – adds a voucher after the one

where you positioned the cursor and used this key

combination.

Alters the column in all the reports which can be

viewed in columnar format

ALT + C To create a master at a voucher

screen (if it has not been

already assigned a different

function, as in reports like

At voucher entry and alteration screens, at a field

where you have to select a master from a list. If the

necessary account has not been created already,

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Balance Sheet, where it adds a

new column to the report)

To access Auto Value

Calculator in the amount field

during voucher entry

use this key combination to create the master

without quitting from the voucher screen.

At all voucher entry screens in the Amount field

ALT + D To delete a voucher

To delete a master

To delete a column in any

columnar report

(if it has not been already

assigned a different function, as

explained above)

At Voucher and Master (Single) alteration screens.

Masters can be deleted subject to conditions, as

explained in the manual.

All the reports screen which can be viewed in

columnar format

ALT + E To export the report in ASCII,

Excel, HTML OR XML format

At all reports screens in TALLY

ALT + I To insert a voucher

To toggle between Item and

Accounting invoice

At List of Vouchers – inserts a voucher before the

one where you positioned the cursor and used this

key combination.

At creation of sales and purchase invoice

ALT + L To select the Language

Configuration


ALT + K To select the Keyboard

Configuration


ALT + O To upload the report at your

website


ALT + G To select language for Tally

Interface

At almost all screens of TALLY

ALT + M To Email the report At all reports screens in TALLY

ALT + N To view the report in automatic

columns

At all the reports where columns can be added

ALT + P To print the report At all reports screens in TALLY

ALT + R To remove a line in a report At all reports screens in TALLY

ALT + S To bring back a line you

removed using ALT + R


ALT + U To retrieve the last line which is

deleted using Alt + R

At all reports screens in Tally

ALT+ V From Invoice screen to bring

Stock Journal screen

At Invoice screen > Quantity Field > Press Alt + V to

select the Stock Journal.

ALT + X To cancel a voucher in Day

Book/List of Vouchers

At all voucher screens in TALLY

ALT + R To Register Tally At almost all screens in TALLY.

CTRL + A To accept a form – wherever

you use this key combination,

that screen or report gets

accepted as it is

At almost all screens in TALLY, except where a

specific detail has to be given before accepting

CTRL + B To select the Budget At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/ Currencies

(Accounts Info) creation and alteration screen

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CTRL +

ALT + B

To check the Company

Statutory details

At all the menu screens

CTRL +

C

To select the Cost Centre

To select the Cost Category

At Groups/Ledgers/Cost Centres/



At Stock Groups/ Stock Categories/ Stock Items/

Reorder Levels/ Godowns/ Voucher Types / Units of

Measure ( Inventory Info) creation/alteration screen

CTRL+ E To select the Currencies At Groups/Ledgers/Cost Centres/



CTRL +

G

To select the Group At Groups/Ledgers/Cost Centres/



CTRL +

H

To view the Support Centre At Almost all screens in Tally

CTRL + I To select the Stock Items At Stock Group/ Stock Categories/ Stock Items/



Ctrl + Alt

+ I

To import statutory masters At all menu screens

CTRL + K To Login as Remote Tally.NET

User

At Almost all screens in Tally

CTRL + L To select the Ledger

To mark a Voucher as Optional




At the creation and alteration of Vouchers

CTRL +

O

To select the Godowns At Stock Group/ Stock Categories/ Stock Items/



CTRL +

Q

To abandon a form – wherever

you use this key combination, it

quits that screen without

making any changes to it.

At almost all screens in TALLY.

CTRL +

R

To repeat narration in the same

voucher type

At creation/alteration of voucher screen

CTRL +

Alt + R

Rewrite data for a Company From Gateway of Tally screen

CTRL + S Allows you to alter Stock Item

master

At Stock Voucher Report and Godown Voucher

Report

CTRL +

U

To select the Units At Stock Groups/ Stock Categories/ Stock Items/



CTRL + V To select the Voucher Types

To toggle between Invoice and

Voucher




At creation of Sales/Purchase Voucher screen

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Documents

1. Write down features of Tally? OR what are features of Tally? ISO ERP9_ Notes... · 2017-11-26 · Page 1 I. C. S. T. ad www m e k Sir ISO CER INS 1. Write down features of Tally?