Unit1-Tally

What is Tally 9.0 primarily used for?

• Graphic design software

• Customer relationship management system

• Accounting and financial management software.

• Project management tool

List three key features of Tally 9.0.

• Complex navigation system

• Limited reporting capabilities

• Single-currency only

• 1. User-friendly interface 2. Comprehensive accounting features 3. Multi-currency support

What are the system requirements for installing Tally 9.0?

• 1.5 GHz processor, 256 MB RAM, 2 GB free hard disk space, Windows 8

• 2 GHz processor, 1 GB RAM, 500 MB free hard disk space, Windows 95

• Minimum system requirements for Tally 9.0 include: 1 GHz processor, 512 MB RAM, 1 GB free hard disk space, Windows 98/2000/XP/Vista/7.

• 800 MHz processor, 1 GB RAM, 1.5 GB free hard disk space, Windows 10

Describe the process of creating a company in Tally 9.0.

• Open Tally, select 'Delete Company', and confirm deletion.

• Open Tally, select 'Export Company', and choose a file format.

• Open Tally, select 'View Company', and edit details.

• Open Tally, select 'Create Company', fill in the details, and save.

What options are available for selecting a company in Tally 9.0?

• Picking a company from a random selection

• Options for selecting a company in Tally 9.0 include selecting from a list of existing companies or creating a new company.

• Selecting a company by entering a code

• Choosing a company based on its revenue

How can a company be altered in Tally 9.0?

• Go to 'Settings' and choose 'Modify' to change company information.

• Select 'Company Info' and then 'Delete' to remove company details.

• Click on 'Reports' and then 'Edit' to adjust company settings.

• Select 'Company Info' and then 'Alter' to modify company details.

What steps are involved in deleting a company in Tally 9.0?

• Press 'Alt + D' after selecting the company in 'Alter' mode.

• Use 'Shift + D' while in 'View' mode.

• Select 'Delete Company' from the main menu.

• Press 'Ctrl + D' to delete the company.

Explain how to configure accounting in Tally 9.0.

• Create invoices instead of ledgers

• Remove company setup from configuration

• Disable accounts in features

• To configure accounting in Tally 9.0, create ledgers, enable accounts in features, and set up your company.

What are groups in Tally 9.0?

• Groups in Tally 9.0 are used for data entry only.

• Groups in Tally 9.0 are categories used to organize and classify accounts.

• Groups in Tally 9.0 are individual user accounts.

• Groups in Tally 9.0 are a type of software update.

How do you create a primary group in Tally 9.0?

• You can create a primary group by importing data from Excel.

• Create a primary group by going to Accounts Info > Groups > Create, entering the group details, and saving.

• Create a primary group by going to Transactions > Create > Group.

• To create a primary group, use the Reports menu and select Group.