Tally_Tutor_1 presentation of tally(1).ppt

Tally
Tally
Accounting Package
Accounting Package
UNIT - 1
UNIT - 1

Objectives of this session
Objectives of this session
 Introduction
Introduction
 General Features of Tally
General Features of Tally
 Getting Started with Tally
Getting Started with Tally
 Create Company
Create Company
 Company Info
Company Info
 Role of Buttons
Role of Buttons

Introduction
Introduction
You have already known how to maintain
You have already known how to maintain
accounts manually.
accounts manually.
Tally is an accounting package which is used for
Tally is an accounting package which is used for
maintaining your accounts electronically.
maintaining your accounts electronically.

 It maintains all the primary books of accounts,
It maintains all the primary books of accounts,
like Cash Book and Bank Book.
like Cash Book and Bank Book.
 Tally maintains all registers like Purchase
Tally maintains all registers like Purchase
Register, Sales Registers and Journal Registers.
Register, Sales Registers and Journal Registers.
 Tally maintains all statement of accounts like
Tally maintains all statement of accounts like
Balance Sheet, Profit and Loss and Trial
Balance Sheet, Profit and Loss and Trial
Balance, Cash Flow and Stock Statement.
Balance, Cash Flow and Stock Statement.

 A Tally can maintain ‘Outstanding Reports’.
A Tally can maintain ‘Outstanding Reports’.
 It may provide complete bill-wise information of
It may provide complete bill-wise information of
amounts receivable as well as payable either
amounts receivable as well as payable either
party-wise or group-wise.
party-wise or group-wise.
 It can provide a report for a particular date or
It can provide a report for a particular date or
reports for any range of dates.
reports for any range of dates.
continue …

 It provides the facility of Bank Reconciliation.
It provides the facility of Bank Reconciliation.
continue …

On the home page of Tally screen ‘Create Company’
option is available under the title ‘Company Info’.

Create Company
Create Company
To create the company you
would click at ‘Create
Company’ option

Create Company
Create Company
To create the company you
would click at ‘Create
Company’ option
A new window will
appear with various
items on the screen.
continue …

Create Company
Create Company
When you click at ‘Create Company’ option, a new
When you click at ‘Create Company’ option, a new
window will appear with various items on the
window will appear with various items on the
screen.
screen.
Some important ones are discussed below:
Some important ones are discussed below:
 Name
Name:
: Type the name of the company you want to create.
Type the name of the company you want to create.
 Mailing Name
Mailing Name:
: The mailing name by default is the same as
The mailing name by default is the same as
the name mentioned above. You can type some other mailing
the name mentioned above. You can type some other mailing
name of the company.
name of the company.
 Address
Address:
: Type mailing address of the company. There is no
Type mailing address of the company. There is no
limit on the number if lines used.
limit on the number if lines used.
continue …

Create Company
Create Company
 Maintain
Maintain:
: In Tally accounts can be maintained in a two
In Tally accounts can be maintained in a two
different ways:
different ways:
 Accounts Only
Accounts Only
 Accounts-with-inventory
Accounts-with-inventory
 Use Security Control
Use Security Control:
: This option provides security control
This option provides security control
to your company accounts by offering a comprehensive pass-
to your company accounts by offering a comprehensive pass-
based access control.
based access control.
After filling all the required information press enter. A new
After filling all the required information press enter. A new
window will appear asking for confirmation.
window will appear asking for confirmation.
For acceptance press ‘Y’.
For acceptance press ‘Y’.
continue …

Create Company
Create Company
The next window is as follow :
The next window is as follow :
continue …

Company Info
Company Info
Once you get your company created, the heading ‘Company
Once you get your company created, the heading ‘Company
Info’ has a content of some new options. These options
Info’ has a content of some new options. These options
are as follows:
are as follows:
 Select Company
Select Company:
: This option permits you to load any
This option permits you to load any
company, which was created earlier, from the list of
company, which was created earlier, from the list of
companies listed.
companies listed.
 Shut Company
Shut Company:
: It allows you to exit, from the companies not
It allows you to exit, from the companies not
in use, from the dialog box.
in use, from the dialog box.
 Create Company
Create Company:
: (same as done above under same heading).
(same as done above under same heading).

Company Info
Company Info
 Alter
Alter:
: It allows you to change the information of an existing
It allows you to change the information of an existing
company filled at the time of creation of the company.
company filled at the time of creation of the company.
 Change Tally Vault
Change Tally Vault:
: To change the password, given earlier at
To change the password, given earlier at
the time of creating the company.
the time of creating the company.
 Split Company Data:
Split Company Data: Split the companies to form two
Split the companies to form two
companies out of the existing one; after the data specify by the
companies out of the existing one; after the data specify by the
user. In this process the closing balance of the first company
user. In this process the closing balance of the first company
will become the opening balance of the second company.
will become the opening balance of the second company.
 Backup/ Restore:
Backup/ Restore: This option allows the user to take a
This option allows the user to take a
backup either on local hard disk or on any external media. The
backup either on local hard disk or on any external media. The
backup of one or more companies can be taken under a single
backup of one or more companies can be taken under a single
directory.
directory.
continue …

Role of Buttons
Role of Buttons
The right hand screen area of Tally contains buttons;
they perform various useful functions.

Role of Buttons
Role of Buttons
F1 : Select Cmp ─ It enables user to select
company(s) and add them to the list of active
companies.
continue …

Role of Buttons
Role of Buttons
companies.
continue …
F1 : Shut Cmp ─ It enables the user to shut or exit the
selected company from the list of active companies list.

Role of Buttons
Role of Buttons
companies.
continue …
F1 : Shut Cmp ─ It enables the user to shut or exit the
selected company from the list of active companies list.
F11 : Features ─ This enables user to set some options
related to:
• Company features
• Accounting Features
• Inventory Features

Thank You
Thank You
Learners Support Publications
Learners Support Publications
www.lsp4you.com
www.lsp4you.com

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