TALLY

                                                                  Tally sylabous

           1.       Company creation

                       2 .      Ledger creation

                       3.       Voucher Entry

                       4.       Inventory (Stock)

                       5.       Vat (value Added Tax)

                       6.       TDS (Tax Deducted at Source)

                       7.       Godown

                       8.       Interest

                       9.       Discount

                     10.   Service Tax

                     11.   Bank Reconciliation

                     12.   Budget & scenario

                     13.   Voucher class

                     14.   Foreign currency

                     15.   Queries

                     16.   Internet Connectivity

                     17.   Sale Tax

                     18.   Dellvery Challans

                     19.   Orders

                     20.   Invoice Voucher Class

                     21.   Manufacturing

                     22.   Stock Journal Report 



            INTRODUCTION :-

            TALLY
            A Tally Chart refers to a method of using a table whereby tally marks strokes are recorded
            so as to show  the recording frequency of data.
            
           1. COMPANY CREATION
                             
           Creating a Company involves providing basic information about the company whose
           books of accounts are to be maintained in Tally are called company creation. 
            
          
        
            The Company Creation screen appears as shown:

                                                               
                       
          

     Creating a Ledger

           Go to Gateway of Tally > Accounts Info. > Ledgers
           
            
                                                   
             You  can create either Single or Multiple Ledgers.

          

          Importance of Grouping and Accounting Classifications

          Debtor/Creditor Classification

          1. Placing individual party accounts under Sales or Purchase Accounts groups:
          Accounts of parties with whom your company has trade relationship must be opened
          under one of the following groups (or sub-groups under them) only:
          

• Sundry Debtors
• Sundry Creditors
• Branch/Divisions
  
  

  Sundry debtors:- A debtor is an entity that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person.

  
  

  
  

  Sundry creditors:- Miscellaneous small or infrequent suppliers that are not assigned 

  individual ledger accounts but are classified as a group.

  
  
  

  Voucher Entry                                                                                               

  A Voucher is a document that contains details of a financial transaction and is required for recording the same into the books of accounts. For every transaction, you can use the appropriate Tally Voucher

  to enter the details into the There are basically two types of Voucher Entries

  
  

  Accounting Vouchers

  Inventory Vouchers

  
  

  
  

  The Voucher Entry Menus options are available under Transactions in the Gateway of Tally.