Interview Questions and Answers

Example:

Tally ERP 9 helps businesses with tasks such as accounting, inventory management, and payroll processing.

Example:

Alt + F3 > Create Company > Enter Company details > Save

Example:

Gateway of Tally > Balance Sheet > Select the required date > Display

Example:

Display > Day Book > Select entry > Click 'Edit' > Make corrections > Save

Example:

You can create a Payment voucher using Accounting Vouchers > F5 (Payment).

Example:

Gateway of Tally > F3 (Cmp Info) > Backup > Select company > Specify backup location > Backup

Example:

Gateway of Tally > Display > Day Book > Alt + P > Select print settings > Print

Example:

To record TDS entry: Accounting Vouchers > F6 (Receipt) > Select TDS ledger > Enter details > Save

Example:

To set credit limit: Gateway of Tally > Accounts Info > Ledger > Select party > Set Credit Limit > Save

Example:

To record a reverse charge entry: Accounting Vouchers > F7 (Journal) > Enter details > Save

Example:

To set interest rates: Gateway of Tally > Accounts Info > Ledger > Set interest parameters > Save

Example:

If you purchase inventory for cash, it increases the inventory account and decreases the cash account.

Example:

To record a sales voucher: Accounting Vouchers > F8 (Sales) > Enter sales details > Save

Example:

Gateway of Tally > F3 (Cmp Info) > Security Control > Enable Tally Audit > Set features > Save

Example:

Alt + F1 > Select the stock item > View stock summary

Example:

TallyPrime offers improved navigation and customization options compared to Tally ERP 9.

Example:

To record stock transfer: Inventory Vouchers > F7 (Stock Transfer) > Enter details > Save

Example:

To create a Cost Center: Gateway of Tally > F11 (Features) > F1 (Accounting Features) > Enable Cost Centers > Save

Example:

Gateway of Tally > F11 > F3 > Enable Multi-Currency > Save

Example:

To create a Payroll Voucher: Payroll Info > Vouchers > Create Payroll Voucher > Enter details > Save

Example:

To create a budget: Gateway of Tally > F11 (Features) > F1 (Accounting Features) > Enable Budgets > Save

Example:

Creating a zero-valued entry for a free sample distribution.

Example:

To create a batch: Inventory Info > Batches > Create > Enter details > Save

Example:

Gateway of Tally > F11 > Statutory & Taxation > Set GST details > Save

Example:

Banking > Bank Reconciliation > Select Bank > Enter details > Reconcile

Example:

Gateway of Tally > Import/Export > Select data to import/export > Follow instructions

Example:

Developers can use Tally Developer to create custom reports and modules for specific business requirements.

Example:

Gateway of Tally > F3 (Cmp Info) > Set Security Control > Create Tally Vault > Set password > Save

Example:

Access Tally Control Centre through the browser by entering the Tally.NET credentials.

Example:

Explore TallyShop to enhance Tally functionalities with additional features.