Tally.
ERP 9
Tally is a financial accounting software package. It is a complete business accounting
and inventory management software that provides various facilities like Government
supported formats, multilingual operations, processing for small and medium
businesses in India. Tally products are transforming businesses across industry in over
100 Countries. Latest version is Tally. ERP 9.
Account
Profit, Loss, Purchases, Sales, Ram, Mohan, Bank, Cash, Computer,
Machinery, Furniture, Assets, Deposit, Interest, Discount, Wages Etc.
Classification Of Account
1-Personal Account
2-Real Account
3-Nominal Account
1-Personal Account:-
Personal
Account Mohit, Rahul, Bank, Abc Company, Capital, Drawing
etc.
2-Real Account:-
Real
Account Cash, Computer, Machinery, Furniture, Assets etc.
3-Nominal Account:-
Nominal Account Interest, Discount, Wages, Purchases,
Sales, Profit & Loss etc.
Rules of Accounting
Personal Account
1-Who is receiver Debit
2-Who is given Credit
Real Account
3-What come in Debit
4-What goes it Credit
Nominal Account
5-Loss & Expenses Debit
6-Profit & Income Credit
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TALLY GROUP
PRIMARY GROUP
1- Capital Account
2- Loans Liabilities
3- Current Liabilities
4- Fixed Assets
5- Investment
6- Current Assets
7- Miscellaneous Expenses (Assets)
8- Suspense Account
9- Branch Division
10- Sales Account
11- Purchase Account
12- Direct Income
13- Direct Expenses
14- Indirect Income
15- Indirect Expenses
SECONDRY GROUP
16- Reserve & Surplus (Capital Account)
17- Bank Over Draft (Loans Liabilities)
18- Secured Loans (Loans Liabilities)
19- Unsecured Loans (Loans Liabilities)
20- Duties & Tax (Current Liabilities)
21- Provision (Current Liabilities)
22- Sundry Creditors (Current Liabilities)
23- Sundry Debtors (Current Assets)
24- Deposit Assets (Current Assets)
25- Loans & Advance Assets (Current Assets)
26- Cash in Hand (Current Assets)
27- Stock in Hand (Current Assets)
28- Bank Account (Current Assets)
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1- Capital Account:-
Capital Account (Ram
is a Capital A/c)
2- Loans Liabilities:-
Loans Liabilities
(Rahul is a Loans Liabilities)
3- Current Liabilities:-
Current Liabilities
Computer
(Rahul is a Current Liabilities (Sundry Creditors ))
4- Fixed Assets:-
Fixed Assets
(Cell Phone is a Fixed Assets)
5- Investment Account:-
Investment
Account
6- Current Assets:-
Current Assets
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7- Miscellaneous Exp. Assets:-
8- Suspense Account:-
Suspence Account
9- Branch Division:-
Main company Branch
Division
10- Sales Account:-
Sales Account
11- Purchase Account:-
Purchase
Account
12- Direct Income:-
Direct
Income
13- Direct Expenses:-
Direct Expenses
14- Indirect Income:-
Indirect Income
15- Indirect Expenses:-
Indirect Expenses
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16- Reserve & Surplus:-
Reserve & Surplus
17- Bank Over Draft:-
Bank Over
Draft
18- Secured Loans:-
Secured Loans
19- Unsecured Loans:-
Unsecured Loans
20- Duties & Tax:-
Duties & Tax
21- Provision:-
Provision
22- Sundry Creditors:-
Sundry Creditors
22- Sundry Debtors:-
Sundry Debtors
24- Deposit Assets:-
Security Deposit
Assets 2,0000
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25- Loans & Advance Assets :-
Loans & Advance
Assets
26- Cash in hand:-
Cash
27- Stock in hand:-
Stock
28- Bank Account:-
Banks Bank Account
ICICI Bank, State Bank, HDFC Bank.
Types of Voucher
1- Contra Voucher F4
2- Payment Voucher F5
3- Receipt Voucher F6
4- Journal Voucher F7
5- Sales Voucher F8
6- Purchase Voucher F9
7- Credit note Voucher Alt+F8
8- Debit note Voucher Alt+F9
9- Reserve & Surplus F10
10- Memorandum Voucher Alt+F10
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1- Contra Voucher:-
Cash Bank
Contra Voucher
50,000
2-Payment Voucher:-
Cash Cheque
Payment Voucher
50,000
3- Receipt Voucher:-
Receipt Voucher
income
4- Journal Voucher:-
Journal Voucher
50,000
5- Sales Voucher:-
Sales
Voucher 10,000 Light
6- Purchase Voucher:-
Purchase
Voucher 50,000
7- Credit Note Voucher:-
Credit Note Voucher 2,000
(Sales Return)
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8- Debit Note Voucher:-
Debit Note Voucher 2,000
(Purchases Return)
9- Memorandum Voucher:-
Memorandum Voucher
10- Reserve & Surplus:-
Reserve & Surplus
(Terminology of Accounting)
(Trade)
(Profession)
(Business)
(Owner)
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Proprietor
Partner
Shear Holder
(Capital)
(Drawings)
(Goods)
(Purchase)
(Sales)
(Purchase Return)
(Sales Return)
(Stock)
Stock
Closing Stock Opening
Stock
(Liabilities)
(Long Term/Fixed Liabilities)
Fixed Liabilities
(Short Term/Current Liabilities)
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Current Liabilities
(Assets)
(Fixed Assets)
(Current Assets)
Cash, Bank
Stoke Debaters
(Expenses)
Expenses
(Direct Expenses)
Direct Exp.
(Indirect Expenses)
Indirect Exp. Exp.
Exp.
(Revenue)
Goods Serves Market Sale
Revenue
(Income)
Goods Serves Market Sale Revenue
Income
(Direct Income)
Direct Income Income
(Indirect Income)
Indirect Income Income
Discount, Interest Indirect Income
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(Discount)
Discount
(Trade Discount)
Trade Discount
(Cash Discount)
Cash Discount
Discount
(Bad Debts)
Debaters (
(Transaction)
(Cash Transaction)
(Credit
Transaction)
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Inventory Control
Inventory - Row Material, Finished Product,
Consumable Stock Item Self
Items Business Business
Inventory Control System
1. Inventory
2. Store Item
3. Stoke
4. Production Maintain
5. Costing Accounting Recordings Maintain
Inventory Control System
Computer
Financial System
Financial System System
Deal Financial Accounting Management Accounting
Financial Accounting, Financial Statement Balance Sheet,
Profit / Loss Account Management Accounting Finance
Time Manager
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