Basic Tally Question & Answer
Certificate of Financial Accounting
Q-1 - How to download Tally Software ?
Ans- (1) open any web browser like google chrome,M.S Edge, Opera…… ETC.
(2) Types in Address /search Bar Tally software download ( Tally Prime/ERP9)
(3) Go the website:- https://tallysolutions.com
(4) Click download option - Tally Prime
(5) For ERP download “Do you want to download the previous version”.
Install a previous version :-Select the version:- Tally ERP and then install.
Q-2 - How to install Tally software ?
Ans:- Double click on setup file:- YES
Install - Next/Continue- DONE
5t.
Q-3 - How to open Tally Software ?
Ans:- Double click on Tally logo And then Start up menu:appears
1 A ctive you license (alt+A).
2- Reactive your existing license(alt+v)
3- Configure existing licenses(alt+c)
4.- Work in education mode.(alt+w)
Q-4 - what is the main screen of Tally & Mention their Topics ?
Ans:- The main screen of tally is “Gateway of tally”
Master:--
Accounts info
Inventory voucher
Transaction:--
Accounting vouchers
Inventory vouchers
Utilities:---
Import data
Banking
Reports:--
Balance sheet,
profit & loss
stock summary,
Ratio analysis
Display.
Q- 5 - How Many Predefined Groups , à , Voucher Types In Tally
5. Ans:- Predefined groups are 28
Predefined ledger are 2
Predefined voucher types are 22
Q- 6- How many Primary Groups In Accounting Info (Tally)
6- Ans:-- The primary groups on tally are 15
Capital A/C
Loans-liabilities
Current-Liabilities
Fixed assets
Invenestment
Current assets
Branch divisions
Misc expenses
Suspense A/C
Sales A/C
Purchase A/C
Direct income
Direct Expense
Indirect income
Indirect expense
Q- 7- How Many Predefined Ledger In Accounting info ( Tally)
7. Ans:-- The predefined ledgers are(2)
Cash
Profit & loss
Q- 8- How Many Predefined Sub groups In Accounting Info (Tally)
8- Ans:- The predefined sub groups are following
Q- 9- How to create company in Tally Software?
9- Ans - In Gateway of Tally press ( Alt + F3 ) for Company Info Sereen
Click on create company .
Name
Primary details s Mailing Details
Contact Details
Book financial year Details
Security control
Base currency information
For direct Accept Ctrl+A
Q-10- How to alter company in Tally Software?
10- Ans - In Gateway of Tally press ( Alt + F3 ) for Company Info Sereen
Click on Alter company . & change the details.
Q-11- How to shut company in Tally Software?
10- Ans - In Gateway of Tally press ( Alt + F3 ) for Company Info Sereen
Click on shut company.
Q-12- How to delete a company in Tally Software?
10- Ans - In Gateway of Tally press ( Alt + F3 ) for Company Info Sereen
Click on Alter company. Select the company which ever you want delete.
Prace (Atl + D ) for Delete company.
\
Q-13- How to select a company in Tally Software?
10- Ans - In Gateway of Tally press ( Alt + F3 ) for Company Info Sereen
Click on select company. Select the company which ever you want select delete.
Q-14 How to Activate the Accounts & Inventory function of our company?
14-Ans- Press F11 ( Company Feature ) Then F1 ( Accounting feature)
Maintain Accounting Only - No
Integrate Accounting & Inventory - Yes
Q-15- How to Activate Purchase Order Voucher & Sales Voucher In Tally ?
15-Ans- Press F11 ( Company Feature ) Then F2 ( Inventory feature)
Enable Purchase order Process - Yes
Enable Sales orders Process - Yes Press (Ctrl + A)
Q-16- Write The following Voucher Types List for open with shortcut key
(1) Accounting Voucher (2) Inventory voucher , (3)Order Voucher .
Q-18- Write the Function Of Contra Voucher ? As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from:
● Cash account to Cash account
● Bank account to Cash account
● Bank account to Bank account
Q-19- Write the Function Of Payment Voucher ? Payment voucher is used to record cash and bank payments. You can record a payment voucher
Payment To Sundry Creditor
Payment to Any Expenses, Loss
Q-20- Write the Function Of Receipt Voucher ?
Receipt voucher is used to record cash and bank Receipt.You can record a Receipt voucher.
Receipt To Sundry Debtor
Receipt to Income
Q-21- Write the Function Of Journal Voucher ? Journal Voucher is used to record financial transactions other than cash and bank. A Journal Voucher records the transactions related to depreciation, provisions, purchase, and sale of fixed assets on credit, write-off balances, and adjustment entries.
Q-22- Write the Function Of Sales Voucher ?
A sales voucher is a form of a receipt or documentation commonly given to a buyer of supplies or goods. It typically serves as proof of purchase when a provider must order or deliver the goods at a later point.
Q-23- Write the Function Of Purchase Voucher ?
Purchase Vouchers is used when you have to purchase some goods from any party and you get an invoice against cash or credit purchase from the party. Tally provides the facility to create purchase and credit purchase entries from Purchase voucher.
Q-24- Write the Function Of Credit Note Voucher ?
Credit Note is a document issued to a party stating that you are crediting their Account in your Books of Accounts for the stated reason or vise versa. It is commonly used in case of Sales Returns, Escalation/De-escalation in price etc. A Credit Note can be entered in voucher or Invoice mode.
Q-25- Write the Function Of Debit Note Voucher ?
A debit note is a document used by a vendor to inform the buyer of current debt obligations, or a document created by a buyer when returning goods received on credit. The debit note can provide information regarding an upcoming invoice or serve as a reminder for funds currently due.
Q- 26- Write the Function Of Stock Journal voucher ? This is useful to transfer the goods from one location to another. The quantity of Stock remains the same, but the Location changes. Additional Cost/Expenses involved in the Transfer of goods. You can also account for the additional cost incurred in connection of transfer of materials from one location to another.
Q-27- Write the Function Of Physical Stock Voucher ? Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figures.
Q-28- Write the Function Of Purchase order Voucher ? A purchase order is placed by a business entity with a supplier for the delivery of certain goods at a given price and time.
Q-29- Write the Function Of Receipt Note voucher ? A Receipt Note voucher is used to record receipt of goods/items at stores. For example , the Company receives new stock item from a Supplier. If a Purchase Order exists for that supply, selecting the PO reference in the Receipt Note will display its particulars.
Q-30- Write the Function Of Rejections Out Voucher ? The Rejections Out Voucher records goods that are rejected and returned to a supplier.
Q-31- Write the Function Of Sales order Voucher ? A sales order is a document generated by the seller specifying the details about the product or services ordered by the customer. Along with the product and service details, sales order consists of price, quantity, terms, and conditions etc
Q-32- Writei the Function Of Delivery Note Voucher ? The Delivery Note Voucher is used for recording goods delivered to a customer.
Q-33- Write the Function Of Rejections In Voucher ?
A Rejections In Voucher is used to record goods that are rejected and returned by the customer.
Ans:-(1) Single Entry mode:- Account, Particular.
(2) Double Entry mode:- Rule of Dr&Cr.
Single Entry mode—-- (f4),(f5),(f6)
F4→ Account → Cash [Withdraw]
Particular→ Bank A/C
F4→ Account– Bank A/C [Deposit]
Particular→ Cash
F4→ Account– Bank A/C (jis àaccount se money transfer hoga)
Particular→ Bank A/C (jisme money transfer hoga.)
Comments
Post a Comment