Tally Quiz

TallyPrime assists in tracking the ageing of Outstanding bills

• True
• Fale

Under one company, you can record invoices in different currencies

• Yes
• No

Which feature can be used to allocate & track expenses specific to departments, divisions within the same organization

• Bill wise
• Cost centre
• Interest calculation

Which of these reports captures cash & bank transactions only to understand Income & Expenditure

• Profit & Loss a/c
• Balance sheet
• Payments & Receipts

Which of these features will help you to control expenses & track the income

• Scenarios
• Budgets
• Profit & Loss a/c

How to delete the unused ledgers?

• Not possible
• Delete one by one
• From chat of accounts -->Ledgers -->Exception reports -->Show unused -->Select them & delete

With TallyPrime, you can easily import Bank statement to reconcile bank entries

• Yes
• No

why cheque formats are given in Bank ledger?

• To select the cheque no. in Payment entry
• To print the cheque
• To export the Payment

How to mark a cheque number as Blank or Cancelled?

• At entry level
• From the cheque register report--> Enter on available cheques -->Select the cheque & press Alt+S to change the status to Blank or Cancel
• From Bank reconciliation report

Which master type can be used to classify the Stock Items?

• Stock group
• Stock Categories
• Both