Tally.ERP 9 - the latest evolution of the Tally series-took 3 years and
the dedicated efforts of 200 developers to create. It has grown from a
basic accounting software package into a simple-yet-sophisticated
business management software product. Comprehensive capabilities allow
Tally.ERP 9 to meet the needs of small to large businesses with
dispersed operations. And traditional functions of a business are
handled as capably as the more advanced.
Well, Tally is a complete Enterprise Resource Planning system with a excellent grip in accounting features. Although it has many more core features that a business requires but its hold in accounting is truly commendable. Therefore it is known more for accounting rather than any other of its features.
For example, if you are starting out a general store, what would you require?
Please practice the following free Questions and Answers to get ready for interview.
Tally Questions and Answers Set -1
Tally Questions and Answers Set -2
Tally Questions and Answers Set -3
Tally Questions and Answers Set -4
The following MCQ questions are covered in above mock tests.
Well, Tally is a complete Enterprise Resource Planning system with a excellent grip in accounting features. Although it has many more core features that a business requires but its hold in accounting is truly commendable. Therefore it is known more for accounting rather than any other of its features.
For example, if you are starting out a general store, what would you require?
- Accounting
- Billing
- Sales and profit analysis
- Banking
- Inventory
- Taxation (VAT, TDS, TCS)
Please practice the following free Questions and Answers to get ready for interview.
Tally Questions and Answers Set -1
Tally Questions and Answers Set -2
Tally Questions and Answers Set -3
Tally Questions and Answers Set -4
The following MCQ questions are covered in above mock tests.
- A Ledger can't be deleted if it is caring Opening Balance
- We can't select cash in Journal Voucher
- Memorandum Voucher does not affect Books of Accounts.
- There is no difference between Shut Company & Delete Company.
- BOM represents Bill of Materials.
- Tally package is developed by
- We can change the Company Information from
- Company Restore option is available in
- In general the Financial year from shall be from
- We can Modify an existing Company from
- To change Current Date from Gateway of Tally press the key
- Party account can be created through
- A ledger may get declaration space for its Alias through
- F12 is known as
- What is the utility of Tally Vault Password?
- We can show Bill wise details of Debtors and Creditors by activating
- The shortcut key to quit from Tally is
- How many inbuilt Accounts group are in tally by default?
- The shortcut used to activate calculator is
- Suspense Account Group is defined under
- To activate MRP feature from Gateway of Tally initially we need to press
- MRP formula for inclusive of vat is
- Manufacturing Journal creates based on
- To create Manufacturing Journal which option must be activated
- How many types of Measurement Units we can create in Tally?
- To activate Job Costing which options require to be activated?
- Multiple Godowns are activated from
- There are _________ predefined ledgers
- We can see list of Memorandum Vouchers from
- To print a voucher from Tally we need to press
- We can see Working Capital figure changing
- Input Vat Ledger is created under which account?
- We can create multiple users in Tally activating
- “Allow components list details (Bill of Materials)” option is activated for
- Retained Earnings is an alias of
- We can repeat narration by pressing
- What is MRP?
- We can use Stock Journal for
- Discount Column is available in
- We can get the report of Interest from
- We can cancel a voucher using
- To see reports of Job Work Analysis
- For reconciliation of Bank press
- To create Scenario which option require to be activated?
- Optional Voucher is one type of
- TDS deduction entry can be made through
- To create Purchase Order press
- List of Optional Voucher we can get from
- Input Vat Credit on Capital goods should be defined under
- Single Entry mode is applicable for
- Online voucher creation from Day Book report by pressing
- Reversing journal is a
- To hide the name of the Company you need to define
- To declare a voucher as Post Dated press
- We can switch from Accounting Voucher to Inventory Voucher pressing
- Goods returning to a Creditor after challan but before bill we need to pass
- Branch / Division is a group defined under
- To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press
- For Export of Data from Company to Company Tally uses
- Voucher class is a pre defined voucher type that helps to
- To alter a master while making an entry or viewing a report
- To view the TDS report go to
- To show the cheque number while reconciling Bank Accounts press
- Data Folder of a Company consists of
- Total number of Ledgers, Groups, Entries etc. can be shown from
- Voucher Class for Interest calculation created based on
- ETCS means
- What is TAN?
- To get Payroll Reports choose
- Payroll Auto fill is done through
- To see Gratuity Reports go to
- At the time of Branch Transfer, Sales ledger is created under which Vat/TaxClass?
- To remove a line at all reports screen, shortcut is
- How can we see Vat Reports?
- BOM represents
- What is the full form of TCS?
- The shortcut used for Sales Order is
- Bank OCC a/c is a group defined under
- Sales Tax Ledger falls under which Group?
- Alias represents
- To change the date, shortcut used
- If we purchase any Fixed asset in credit, we can pass it from
- To save entry without any amount, we have to use
- To see the report of Unconventional vouchers go to
- The shortcut used for Optional vouchers is
- Transfer of materials from one godown to another godown, use
- Recording of actual stock as physically verified or counted is done through
- Predefined Billing terms can be maintained through
- How many formats are available while Exporting?
- While exporting Ledgers from Tally to Web Page, we use
- Budget represents ……………………
- To see any report in detailed way, press
- In Service tax Credit Adjustment (%) should be either
- Service Tax Report can be seen from
- Can we allow Expenses/Fixed Assets in Purchase vouchers?
- Transfer from Main Cash to Petty Cash you require to pass ……………… voucher.
- If the Financial Year from is 1st April 2005 and the Books Beginning from is 1stJanuary 2006 then what will be the Closing Date?
- Income Tax number of the Company will appear in which report?
- Patent account falls under
- Find out which is not a Default Ledger in Tally.
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