Tally Practical Assignment with Solutions PDF

Tally Practical Assignment including GST with Solutions PDF for free download. Super Success Institute Tally computer training coaching classes day by day task. Notes is very useful for learn and practice the tally ERP 9 with GST. We found that student face problem to find the practice assignment of Tally. The Training Faculty of Super Success Institute compiled the practice task in this PDF for self study of students.

Our Tally Coaching Class Assignment / task includes following:-

Purchase Invoice Bills Sundry Creditors Sales Invoice Bills Sundry Debtors Purchase Invoice Bills Batch Wise Details

Brief of GST Business For Purchase & Sales Of Goods Business for Service providing Who are Compulsory For GST Registration Document Required For GST Registration GST  What is GSTIN Number Types of GST Rates GST Rates How GST Apply in Tally How GST Apply in Invoice SGST  (State Tax) & CGST (Central Tax) IGST (Interstate Tax) – Purchase GST Invoice Sundry Creditors Sale GST Invoice Sundry Debtors

Purchase Entry

Purchase Invoice with GST (Sundry Creditors)

tally practical assignment questions

Sales Invoice with GST Sundry Debtors

Entry of 25 Sundry Debater bills are given in the PDF

Download Tally Practice Assignment PDF

Tally Practical Assignment with Solutions PDF

Document Name : Tally Practice Assignment with solution

Publisher : S uper Success Institute Muzaffarnagar and https://onlinestudytest.com Author : Super Computer Muzaffarnagar Number of Pdf Pages : 28 Quality Very good

Note : The Tally Practical Assignment with Solutions notes PDF are property of Super Success Institute Muzaffarnagar. We are sharing the google drive download link with due consent of Computer Coaching Institute.

Tally Prime Notes

  • Fundamental of Accounting and Tally Prime Notes
  • Introduction of Tally Prime Notes
  • Groups and Ledgers in Tally Prime Notes
  • Voucher Entry in Tally Prime Notes
  • Create Stock Item in Tally Prime Notes for Practice
  • Bill wise entry in Tally Prime
  • Batch wise Details in Tally Prime Notes
  • Cost Center in Tally Prime Notes
  • Export Import Ledger in Tally Prime

More Tally PDF may be found – Tally Notes PDF Archives – SSC STUDY

Tally Prime Book PDF Free Download – SSC STUDY

Tally ERP9 Question Paper in Hindi – Online Study Test

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Tally Practical Questions and Answer PDF (Free Download)

Through today’s post, we are going to share Tally Practical Questions and Answer PDF with you, which you can download for free using direct download link given below in this post.

If you are studying Tally, then today’s notes can be very important for you, because in today’s notes, some important questions of Tally have been given along with their answers, with the help of which you can practice.

Tally Practical Questions and Answer PDF

Practical questions and answers of tally pdf.

If you are preparing for competitive exam of banking then study of tally becomes very important, because questions related to tally are also asked in the recruitment exam of banking.

Along with this, practical questions have also been given in this notes with their solutions, by solving which you can practice tally.

This PDF Notes can be very beneficial for you to practice Tally, that’s why must download it for free.

Download Tally Practical Questions and Answer PDF

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tally practical assignment questions

How To Easily Learn Tally Online With Practical Assignments

Every business needs accounting since it’s essential for everything from tracking expenses to choosing investments to calculating profits. we can say that learning tally is a terrific skill to have in the job market. even there’s no need to be physically present in the class to learn tally. nowadays, thanks to the internet you can learn tally online. this article has included how to learn tally online and everything you need to know about tally. there are so many institutes that provide tally courses online. so, let’s get started..

How to Learn Tally Online

What is Tally?

  • Tally stands for Transaction Allowed in Linear Line Yards.
  • It is an accounting and inventory management application software.
  • It which can record daily business transactions or accounting works like sales, purchases, payments received, banking or taxation, etc.
  • The most popular way we can say that Tally is an Accounting Software.
  • It is designed and developed by Tally Solutions which is a Bangalore-based IT Solution Company.
  • In 1986, S.S Goenka was the founding chairperson of Tally Solutions Private Limited.
  • Developed based on Accounting principles and Mercantile Law.
  • It is simple yet powerful software.
  • It is a window-based software.
  • It is a stand-alone application.
  • It is developed using the Tally Definition Language (TDL).
  • It supports,

-Bookkeeping

-MIS report

Versions of Tally Software 

Other features of tally software.

  • User-friendly accounting software
  • Multi-lingual
  • Excellent backup provisions
  • Easy exit to an operating system
  • Tally can maintain books of account either with inventory or without inventory.
  • It can work with multiple company accounts simultaneously.
  • Tally can get offline and online support.
  • It can be installed on any version of Windows OS like NT, 2000, ME, 95, 98, XP, 7 Ultimate, Vista, and Windows 8. Etc.
  • Many computerized accounting software requires numeric codes to maintain the account. But Tally pioneered that no accounting codes were needed.

Skills required in Tally

Career and scope in tally.

Having the skill set of Tally software may help you land your chosen job path quickly if you are someone wishing to start a futuristic career in the accounting field. It is because Tally is extensively used across all business sizes, from small to large across all sectors. 

90% of companies and businesses are said to use Tally software for their daily accounting tasks.

Additionally, the top MNCs and Retail businesses of all kinds, financial institutions, financial organizations (NGOs), hospitals, BPO and KPO sectors, and chartered accountant companies are among the many different industries that use Tally software.

You can have so many career choices in Tally. Such as-

  • Inventory Manager
  • Data Entry Operator
  • Billing Executive
  • Tally freelancers
  • Tally Course Benefits
  • Scope of Tally Courses in India

Job Profiles and Salary in Tally

The common job profiles offered in the organizations for accountants with Tally skill sets are-

Many students who are looking for Diploma Courses after 10th/12th or after graduation and planning to look for career opportunities in computer accounting can learn tally.

The purpose of the tally training course is to teach students the fundamentals of accounting and how to integrate such concepts with the tally platform. Although it’s easy to learn, for ways of operation one must grasp how the software works as well as be familiar with its applications.

Tally Jobs in India

Requirements for Learning Tally Online.

  • Any student who wants to learn tally software online should have a computer or laptop with an internet connection.
  • Nowadays it has become very easy to learn any software or anything from home.
  • There are so many courses with certification and placement assistance in Tally you can opt for.
  • Here we have listed some of the best Tally courses you can learn online.
  • All of these courses are completely online, so there’s no need to show up to a classroom in person.
  • You can access your lectures, readings, and assignments from reputable institutes anytime and anywhere via the web or your mobile device.

More Professional Courses from IIM SKILLS

  • Digital Marketing Course
  • Technical Writing Course
  • Content Writing Course
  • Investment Banking Course
  • Business Accounting And Taxation Course
  • CAT Coaching

Learn Tally Online: IIM SKILLS

IIM SKILLS is one of the global leading institutes that provides professional courses in various subjects including writing, marketing, accounting, etc.

The tally master course by IIM SKILLS is one of the best for getting hands-on experience. It is a comprehensive training program that covers all of Tally’s topics and features. Students learn precisely how to manage and maintain accounts, inventory, GST, and payroll at Tally in the course modules. The training module is particularly informative because it starts from the basics, providing a foundation for your understanding of Tally. Also, a variety of practical assignments and tasks are included to ensure that students grasp the subject well. IIM SKILL’s professional guidance allows one to interact, clear doubts and learn more effectively.

Course Name: Tally Course

Duration of the Course: 18 Hours of Self Learning, 20 Hours of Lecture

Mode of the Course: Online

Fees: Rs.2, 900 + 18% GST

Course Syllabus:

Course offerings:.

  • Access to Learning Management System (LMS)
  • Self-Paced Learning
  • Software Tools
  • 60+ Hours Practical Assignment
  • Internship Opportunities
  • Dedicated Placement Cell
  • Govt. of India Recognized Certification

Certificate Availability: Yes

Contact Information:

Email ID: [email protected]

Phone Number: +91 9580 740 740

Learn Tally Online: Tally Training

In-depth information is covered in the Tally ERP9 online course with GST to match the industry’s accounting standards. With the use of real-world examples and tally entries, Tally Training not only explain the principles but also show you how to practically apply them in your day-to-day accounting process.

Course Name: Tally ERP9 Expert Course

Duration of the Course: 1 or 2 Months

Fees: Rs.1800

Couse Syllabus:

  • Learning in Hing-lish language
  • DVD(Videos + eBook PDF)

Contact Information

Phone Number: +91 9081211174

Learn Tally Online: Vskills

Intelligent Communication Systems India Limited (ICSIL), a department of the Indian government, manages the skills certification programs.

Their certification programs help students measure and exhibit the skills that have high demand and business value. Vskills Tally ERP9 course provides students with a clear understanding of accounting as well as the necessary practical aspects. Thanks to their self-paced training, even newbies can gain from the course’s worthwhile teaching.

Course Name: Certificate in Tally ERP9

Duration of the Course: 19 Hours

Fees: Rs.3, 499

Couse Syllabus: 

  • Introduction to Tally ERP9
  • Stock and Godwon in Tally
  • Groups, Ledgers, Vouchers and, others
  • Reports in Tally ERP9
  • Back and Restore in Tally ERP9
  • Tally.NET in Tally ERP9
  • Government Certification
  • Lifelong e-learning access

Phone Number: +011 4734 4723

Recommend Read,

  • Advanced Tally Courses
  • Tally ERP 9 Certificate
  • Learn Online Tally
  • Tally Training Benefit
  • Tally Courses Uses
  • Tally Course Eligibility

Learn Tally Online: LearnVern

LearnVern teaches students in the user’s native language. You can learn their Tally courses in Hindi.

Their method of instruction encourages critical thinking, learning by doing, and teaching by example. To help students in remembering the subject better, their Tally course material is enhanced with graphics, animations and, photos. LearnVern also gives practical training through assignments and tests.

Phone Number: +91 88490 04643

Learn Tally Online: UDEMY

Udemy is one of the best online platforms that provide various Tally certification courses. All of these courses are accessible from anywhere at affordable prices. Here we’ve listed three courses among others with the highest rating. You will learn how to use the tally program for payroll, audit, TDS, and GST accounting of any organization.  Their tally course provides students the chance to work on real-time projects in addition to assignments.

  • Assignments
  • Access on Mobile and TV
  • Full Lifetime Access

Please, go to their official website for further details.

Learn Tally Online: Coursera

Students who want to build a career in bookkeeping or want to learn how to manage their account books, Coursera offers the best Tally Bookkeeper professional certificate course.

In their unique 4-month Tally Book Keeper Professional Certificate program, three separate Tally software-related courses are offered. It comprises most of the theoretical and instructional modules. You have to take the course in the specific order listed because the content builds on the previous session.

Program Name: Tally Bookkeeper Professional Certificate

Fees: You can enroll for free.

  • Interview Prep

Learn Tally Online: InternShala Trainings

InternShala is an Ed-tech company that provides live, interactive learning in digital format.

Their Online Tally course has covered all the accounting-related concepts. They also provide quizzes and assignments after completing every module to revise your knowledge. 

Duration of the Course: 6 Weeks, 1hr/day (Flexible Schedule)

Fees: Rs.4499

  • Basic Concepts of Accounting
  • The world of Tally
  • Accounting process in Tally
  • Bank reconciliation statement
  • Tax Deducted at source (TDS) & Collected at Source (TCS) accounting in Tally
  • Payroll in Tally
  • Goods and Service Tax (GST) accounting in Tally
  • Data extraction from Tally
  • Some extra topics
  • Final training project
  • Placement Assistance
  • Learn in Hindi
  • 1:1 Doubt Solving
  • Hands-On-Practice

Learn Tally Online: FITA Academy

Tally Online courses at FITA Academy offer comprehensive instruction in the tally ERP9 software from Journal Entries to finalizing accounts, including managing GST and other taxation. 

You will learn the ins and outs of accounting and finance-related Tally. The modules are covered from both basic and advanced standpoints to help student comprehension of the subject better. Their online Tally course also includes real-world assignments to meet industry standards.

Course Name: Online Tally Course

Duration of the Course:

  • Tally-Advanced accounting professional-basics in financial accounting
  • Introduction to Tally
  • Configuring Tally ERP9
  • Company Management
  • Master- Ledgers and Groups
  • Understanding Vouchers in Tally
  • Tally ERP9 reports
  • Inventory configuration in Tally ERP9
  • Managing inventory using Tally ERP9
  • Goods and Service Tax (GST)
  • Purchase and Sales reports
  • GST reports and returns
  • Using tally to manage point of sales (POS)
  • Bank reconciliation
  • Tally-expert accounting professional
  • Payroll accounting
  • More advanced topic
  • Live Projects
  • Instructor-led Live Class
  • Flexibility
  • Placement Support

Phone Number: 93450 45466

Learn Tally Online: Frequently Asked Questions

Q. can i learn to tally online through a laptop.

Answer: Yes, Students who wish to study tally software online should have access to a computer or laptop with an internet connection.

Q. Which Tally is best for beginners?

Answer: The latest version of Tally Prime is easy to learn. There is no longer a need for prior expertise or specialized training in Tally. You can easily use Tally Prime for your regular accounting tasks with only a simple installation and setup.

Q. Can learning Tally online is difficult?

Answer: Beginners have the choice of enrolling in expert courses provided by reputable institutions or learning the program on their own with the help of blogs and videos that are easily available online.

Q. Where can I practice Tally?

Answer: The Tally Software Education version is available on  www.tallysolution.com  website. You may practice it by downloading it for free.

Q. Which industries can one enter after completing the Tally course?

Answer: The private and public sectors provide a ton of options. Banking, finance, business manufacturing, IT industries, and so on. You can also work in sales, marketing, insurance, and HR.

Learn Tally Online: Conclusion

That’s all about how to learn tally online. In this article, we have focused on tally software, its feature, also the scope and career opportunities in tally. And institutions that provide tally training online. We hope this might have helped to get some insights about tally.  If you plan to learn tally online, you can get in touch with the experts of this institute that will provide you with the information and exposure you need in this area.

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tally practical assignment questions

Learn Tally in Hindi

टैली सीखें – हिन्दी में (Learn Tally in Hindi)

Complete Practical Accounting

Questions for Practice – Tally and Accounts – (टैली के अभ्यास प्रश्न)

टैली व अकाउंट्स के अभ्यास प्रश्न (questions for practice – tally and accounts).

इस पेज पर टैली व अकाउंट्स की प्रैक्टिस के लिए कई अभ्यास प्रश्न (Questions for Practice – Tally and Accounts) दिए गए हैं।

टैली के विडिओ ट्यूटोरियल (Tally – Video Tutorial)

सभी प्रश्नों के हल (Solutions) प्रत्येक प्रश्न वाले पेज पर प्रश्न के नीचे दिए गए हैं।   प्रश्नों (Practice Questions) को हल करने के बाद प्रश्न के नीचे दिए solution से अपने answers का मिलान कर लें।  कृपया सुझाव कमेंट्स में लिखें।  आपके बहुमूल्य सुझावों का स्वागत है।

Learn Tally in Hindi - Tally Practice Questions

Tally Questions for Practice – Maintain Accounts only, Accounts with Inventory and Tally Accounting with GST

टैली अभ्यास प्रश्न – 1 (Tally practice exercise for beginners)

टैली अभ्यास प्रश्न – 2 (Tally practice exercise for beginners)

टैली अभ्यास प्रश्न – 3 (Tally practice exercise for beginners) with Maintain Bill-wise details for beginners

टैली अभ्यास प्रश्न – 4 (Tally practice test – Accounts with Inventory in Tally Prime & Tally.erp9)

टैली अभ्यास प्रश्न – 5 (Tally Practical Question for Learn Tally in Hindi) Practice Test with Trade discount and Cash Discount

टैली अभ्यास प्रश्न – 6 (Tally practice test for beginners with Previous Year’s Opening Balances)

टैली अभ्यास प्रश्न – 7 (Tally practice test – Accounts with Inventory in Tally Prime & Tally.erp9)

टैली अभ्यास प्रश्न – 8 (Tally Practice Question with Previous Year’s Opening Balances)

टैली अभ्यास प्रश्न – 9 (Tally Practice Test with Previous Year’s Balance Sheet)

टैली अभ्यास प्रश्न – 10

टैली अभ्यास प्रश्न – 11 (Tally Prime Practice Test with Previous year Balance Sheet & Inventory with multiple units for stock items)

टैली अभ्यास प्रश्न – 12

टैली अभ्यास प्रश्न – 13

टैली अभ्यास प्रश्न – 14 (आय व खर्चों को प्रतिमाह ड्यू करने की एंट्रीज़ हेतु बहुत ही महत्‍वपूर्ण प्रश्‍न)

टैली अभ्यास प्रश्न – 15

टैली अभ्यास प्रश्न – 16 (Partnership Practice Question for Tally erp9 and Tally Prime)

टैली अभ्यास प्रश्न – 17

टैली अभ्यास प्रश्न – 18 (GST)

टैली अभ्यास प्रश्न – 19 (GST)

टैली अभ्यास प्रश्न – 20 (GST)

हिन्‍दी में टैली सीखने के विडिओ ट्यूटोरियल (Learn Tally in Hindi – Video Tutorial)

Tally Prime व Tally.ERP9 के Tally Practice Questions या Tally Practice Test के किसी भी अभ्‍यास प्रश्न के संबंध में कोई भी संदेह या सुझाव हों तो कमेंट जरूर करें।

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TALLY-9 PRACTICAL QUESTIONS(SAMPLE

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Top 250+ Tally Practice Questions with Answers - 1

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Question: 1

In which voucher type credit sales is recorded in Tally?

(A) F5:Payment

(B) F6:Receipt

(C) F7:Journal

(D) F8:Sales

Question: 2

Which shortcut key is pressed for voucher entry or deleting a ledger?

(A) Alt + D

(B) Alt + A

(C) Alt + C

(D) Alt + X

Question: 3

Which shortcut key is used to enable Tax Deducted at Source [TDS]?

(D) Alt + F12

Question: 4

Which reports are prepared monthly in Tally?

(A) Profit & Loss A/C

(B) Balance Sheet

(C) Cash Flow of Funds Flow

(D) Trial Balance

Trial Balance

Question: 5

To see reports of Job Work Analysis

(A) Display-Statement of a/cs-Cost Centre-Job work

(B) Display-Statement of a/cs

(C) Display-Statement of a/cs-Job Work Analysis

(D) None of these

Display-Statement of a/cs-Job Work Analysis

Error Report!

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Tally practical assignment with solutions.

Are you struggling to complete your Tally practical assignment with solutions? If yes, then you have come to the right place. This article will provide an in-depth guide on how to successfully complete your Tally practical assignment with solutions. It includes step-by-step instructions and tips for completing all aspects of the assignment, from setting up a company database to preparing financial statements. Furthermore, it offers helpful advice for avoiding common mistakes when using Tally.

Solve Your Tally Assignment Woes With These Simple Solutions!

Are you stuck on a Tally Practical Assignment With Solutions? Don’t worry, you’re not alone! Many students struggle with completing their assignments and finding the right answers. In this blog post, we’ll provide some simple solutions to help you out. We’ll discuss the best ways to approach your Tally Practical Assignment With Solutions, the resources that are available to you, and the techniques you can use to make sure that you get the best possible results. So, if you’re looking for a way to make your assignment easier, read on!

Tally Practical Assignment With Solutions

Know Your Audience

Tally is a powerful and versatile accounting software . It can be used to handle a wide range of tasks, such as managing your finances, tracking inventory, and creating reports. But one thing many people struggle with is Tally Practical Assignments With Solutions.

Whether you’re a student or a business owner, understanding the technical aspects of Tally can be overwhelming. To make matters worse, the assignments can be complex and time-consuming. Thankfully, there are several simple solutions that can help you tackle Tally Practical Assignments With Solutions quickly and effectively. 

Before you jump into solving the assignment, it’s important to know your audience. Are you targeting a student, a small business owner, or an experienced accountant? Depending on who you’re writing for, you may need to adjust the complexity of the assignment.

When writing the assignment, be sure to include step-by-step instructions. This will make it easier for students or business owners to understand the concepts and solve the problems. Additionally, use screenshots and visuals to illustrate key points throughout the assignment. This will help people visualize the data more easily and better understand the solution. 

Finally, consider offering sample solutions that show how to solve a similar problem. This will give students or business owners an example to follow and a frame of reference for their own solutions.

By following these steps, you can make solving Tally Practical Assignments With Solutions much easier for your audience.

Keep It Simple

Are you having trouble with your Tally practical assignment? Don’t worry, you’re not alone! It can be difficult to make sense of all the details and concepts in a Tally assignment . Fortunately, there are some simple solutions to make your Tally practical assignments a breeze.

One of the best ways to tackle your Tally practical assignment is to keep it simple. Break down each step of the assignment into small chunks and focus on one task at a time. When you get stuck on one part, take a break and come back to it later. This will help ensure that you don’t get overwhelmed or frustrated.

Tally Practical Assignment With Solutions

Another great way to simplify your Tally practical assignment is to utilize resources such as online tutorials and video lessons. This can help you learn the basics and gain an understanding of the concepts faster than trying to figure it out on your own. Additionally, there are plenty of forums and discussion boards available where you can ask for help from other students or professionals. 

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Tally Practical Assignment With Solutions

Get Organized

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The first step to completing any Tally Practical Assignment is to get organized. You need to break down the assignment into manageable tasks and create a timeline for yourself. This will help you stay focused and ensure that you don’t miss any important steps. 

You should also make sure that you understand the requirements of the assignment before you start working on it. Read the instructions carefully and make sure that you have all of the necessary materials and information before you begin. Additionally, make sure that you understand how to use the software tools and functions you will be using during your assignment.

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Tally ERP 9 Mock Test

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Accountancy - Practical problem on accounting software - Tally | 12th Accountancy : Chapter 10 : Computerised Accounting System- Tally

Chapter: 12th accountancy : chapter 10 : computerised accounting system- tally, practical problem on accounting software - tally.

Practical problem 1

Record the following transactions in Tally.

1.    Robert commenced a transport business with a capital of ₹ 1,00,000

2.    An account was opened with State Bank of India and deposited ₹ 30,000

3.    Purchased furniture by paying cash ₹ 10,000

4.    Goods purchased on credit from Mohaideen for ₹ 20,000

5.    Cash sales made for ₹ 8,000

6.    Goods purchased from Rathinam for ₹ 5,000 and money deposited in CDM

7.    Goods sold to Rony on credit for ₹ 60,000

8.    Money withdrawn from bank for office use ₹ 9,000

9.    Part payment of ₹ 10,000 made to Mohaideen by cheque

10.        Rony made part payment of ₹ 5,000 by cash

11.        Salaries paid to staff through ECS ₹ 6,000

12.        Wages of ₹ 3,000 paid by cash

13.        Purchased stationery from Pandian Ltd. on credit ₹ 4,000

Analysis of transactions, passing journal entries, identification of voucher type and group:

tally practical assignment questions

Following steps are to be followed to enter the transactions in Tally.ERP 9

1. To create company

Company Info > Create Company

Type the Name as Robert and keep all other fields as they are and choose ‘Yes’ to accept.

tally practical assignment questions

2. To maintain accounts only

Gateway of Tally > F11 Accounting Features > General > Maintain accounts only: Yes > Accept Yes

tally practical assignment questions

3. To create ledger accounts

Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Create

tally practical assignment questions

(i) To create Robert’s Capital A/c

Name: Robert’s Capital A/c

Under: Capital Account

Accept: Yes:

tally practical assignment questions

(ii) To create State Bank of India A/c

Name: State Bank of India A/c

Under: Bank Accounts

Accept: Yes

tally practical assignment questions

(iii) To create Furniture A/c

Name: Furniture A/c

Under: Fixed Assets

tally practical assignment questions

(iv) To create Purchases A/c

Name: Purchases A/c

Under: Purchase

tally practical assignment questions

(v) To create Mohaideen A/c

Name: Mohaideen A/c

Under: Sundry Creditors

tally practical assignment questions

(vi) To create Sales A/c

Name: Sales A/c

Under: Sales Accounts

tally practical assignment questions

(vii) To create Rony A/c

Name: Rony A/c

Under: Sundry Debtors

tally practical assignment questions

(viii) To create Salaries A/c

Name: Salaries A/c

Under: Indirect Expenses

tally practical assignment questions

(ix) To create Wages A/c

Name: Wages A/c

Under: Direct Expenses

tally practical assignment questions

(x) To create Stationery A/c

Name: Stationery A/c

tally practical assignment questions

(xi) To create Pandian Ltd. A/c

Name: Pandian Ltd. A/c

Under:Sundry Creditors

tally practical assignment questions

4. To enter transactions through vouchers

Gateway of Tally > Transactions > Accounting Vouchers

(1) Robert commenced a transport business with a capital of ₹ 1,00,000

F6: Receipt voucher

Account: Cash

Particulars: Robert’s Capital A/c (Choose from List of Ledger Accounts)

Enter the amount of capital: ₹ 1,00,000

Narration: Capital introduced

Accept Yes.

tally practical assignment questions

(2) An account was opened with State Bank of India and deposited ₹ 30,000

F4: Contra voucher

Account: State Bank of India

Particulars: Cash

Amount: ₹ 30,000

Narration: Opened bank account in SBI

tally practical assignment questions

(3) Purchased furniture by paying cash ₹ 10,000

F5: Payment voucher

Particulars: Furniture A/c

Amount: ₹ 10,000

Narration: Furniture bought by cash

tally practical assignment questions

(4) Goods purchased on credit from Mohaideen for ₹ 20,000

F9: Purchase voucher

Party A/c name: Mohaideen A/c

Particulars: Purchases A/c

Amount: ₹ 20,000

Narration: Goods purchased on credit from Mohaideen

tally practical assignment questions

(5) Cash sales made for ₹ 8,000

F8: Sales voucher

Particulars: Sales A/c

Amount: ₹ 8,000

Narration: Cash sales made

tally practical assignment questions

(6) Goods purchased from Rathinam for ₹ 5,000 and money deposited in CDM

Amount: ₹ 5,000

Narration: Cash purchases made

tally practical assignment questions

(7) Goods sold to Rony on credit for ₹ 60,000

Party A/c name: Rony A/c

Amount: ₹ 60,000

Narration: Goods sold on credit to Rony

tally practical assignment questions

(8) Money withdrawn from bank for office use ₹ 9,000

Particulars: State Bank of India A/c

Amount: ₹ 9,000

Narration: Cash withdrawn from bank

tally practical assignment questions

(9) Part payment of ₹ 10,000 made to Mohaideen by cheque

Particulars: Mohaideen A/c

Narration: Payment made to Mohaideen by cheque

tally practical assignment questions

(10) Rony made part payment of ₹ 5,000 by cash

Particulars: Rony A/c

Narration: Cash received from Rony

tally practical assignment questions

(11) Salaries paid to staff through ECS ₹ 6,000

Particulars: Salaries A/c

Amount: ₹ 6,000

Narration: Salaries paid through

ECS Accept Yes

tally practical assignment questions

(12) Wages of ₹ 3,000 paid by cash

Particulars: Wages A/c

Amount: ₹ 3,000

Narration: Wages paid by cash

tally practical assignment questions

(13) Purchased stationery from Pandian Ltd. on credit ₹ 4,000

F7: Journal voucher

Particulars: Stationery

Amount: ₹ 4,000

To Pandian Ltd.

Narration: Stationery bought on credit from Pandian Ltd.

tally practical assignment questions

5. To view reports

(i) To view Trial Balance

Gateway of Tally > Reports > Display > Trial Balance > AltF1 (detailed)

tally practical assignment questions

(ii) To view Profit and Loss Account

F10: A/c Reports > Profit & Loss A/c > AltF1 (detailed)

Gateway of Tally > Reports > Profit & Loss A/c > AltF1 (detailed)

tally practical assignment questions

(iii) To view Balance Sheet

F10: A/c Reports > Balance Sheet > AltF1 (detailed)

Gateway of Tally > Reports > Balance Sheet > AltF1 (detailed)

tally practical assignment questions

(iv) To view Ratio Analysis

F10: A/c Reports > Ratio Analysis

Gateway of Tally > Reports > Ratio Analysis

tally practical assignment questions

(v) To view Day Book

F10: A/c Reports > Day Book > AltF1 (detailed)

Gateway of Tally > Reports > Display> Day Book > AltF1 (detailed)

tally practical assignment questions

Practical problem 2

The following balance sheet has been prepared from the books of Bright on 1-4-2018.

tally practical assignment questions

During the year the following transactions took place:

a)      Wages paid by cash ₹ 2,000

b)     Rent paid by cheque ₹ 5,000

c)      Cash purchases made for ₹ 3,000

d)     Good purchased on credit from Senthamarai ₹ 15,000

e)      Goods sold on credit to Pushparaj ₹ 25,000

f)       Payment made to Senthamarai by cheque ₹ 5,000

g)      Cash received from Shankar ₹ 30,000

h)     Cash sales made for ₹ 6,000

i)        Depreciate machinery at 10%

j)        Closing stock on 31.03.2019 ₹ 15,000

You are required to prepare trading and profit and loss account for the year ended 31-03-2019 and a balance sheet as on that date using Tally.

Type the Name as Bright and keep all other fields as they are and choose ‘Yes’ to accept.

3. To create ledger accounts with opening balances

tally practical assignment questions

Cash account need not be created as it is a default ledger. Only the opening balance has to be recorded by altering the cash account.

To record the opening balance of cash:

Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Alter

tally practical assignment questions

After creating the ledgers and recording the opening balances of ledger accounts the balance sheet of Bright is shown as in the following figure:

tally practical assignment questions

3. To create ledger accounts for transactions

tally practical assignment questions

Example: Wages of ₹ 2,000 paid by cash

Amount: ₹ 2,000

In the similar way, record the other transactions. Use Payment Voucher for rent paid and payment to Senthamarai.

Use Purchase Voucher for credit purchases from Senthamarai and cash purchases.

Use Sales Voucher for credit sales to Pushparaj and cash sales.

Use Receipt Voucher for cash received from Shankar.

Use Journal Voucher for depreciation.

To record closing stock

Since maintain accounts only is set to ‘Yes’ and integrate accounts and inventory is set to ‘No’ under accounting features, stock has to be recorded manually. Hence, the closing stock has to be recorded by altering the stock account and while entering the date of closing stock, the date of opening stock has to be entered. The following procedure is to be followed:

Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Alter > Stock > Closing balance > Date (opening date) > Amount > Accept Yes

tally practical assignment questions

6. To view reports

(i) To view Profit and Loss Account

tally practical assignment questions

(ii) To view Balance Sheet

tally practical assignment questions

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Table of Contents

What is tally, use of tally, tally interview questions and answers, how to prepare for tally interviews, tips for tally interview, choose the right program, 12 tally interview questions and answers for freshers & experienced.

12 Tally Interview Questions and Answers for Freshers and Experienced

Tally is an enterprise resource planning accounting software used mainly in small and medium enterprises to record the day-to-day business data of a company. The advantage of this software is it can easily integrate with other business applications like sales, payroll finance, etc. It is an important software for several jobs. Here are some commonly asked Tally interview questions. 

Tally is a popular accounting software used in many countries, including India. Tally is a digital accounting format, and the entries are maintained similarly to the manual book of accounts. ERP 9 (release 6.6) is the latest release version, which will be replaced by the new version TallyPrime.

Tally is powerful accounting software that provides a solution to all challenges a business can face. Tally takes care of all tasks essential for enterprise management. Meaningful activities like bank reconciliation, accounts receivable and payable, and record keeping are available in this software.

1. What are the most important features of Tally software?

  • Tally is multilingual. You can maintain accounts in one language and view reports in other preferred languages.
  • You can use the payroll feature to automate employee records management.
  • Transactions maintained in multiple locations can be updated automatically.
  • One licensed version of the Tally software can create and maintain 99,999 company accounts.

2. What are the available features in Tally ERP 9 for Accounting?

Tally ERP 9 provides the following benefits:

  • To enable a better financial management
  • Budget supervision
  • Management of cost and profit center for better ledger management
  • Additional features like printing of cash vouchers, cheques, etc
  • Invoicing of all dealers

3. What are the types of ledgers that can be created in Tally ERP 9?

The type of ledgers that you can create in Tally ERP 9 is as follows:

  • Generating tax ledger
  • Generating current liabilities
  • Generating bank account
  • Generating party ledger
  • Generating sales/purchasing ledger
  • Generating Income/Expense ledger

4. What are the different types of vouchers created in Tally ERP 9? Include the shortcuts to generate these vouchers.

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5. What are the options available in the Account books menu in Tally ERP9?

  • Purchase Register
  • Sale Register
  • Journal Register
  • Group Summary

6. What falls under Intangible Assets?

  • Trade Marks
  • Domain names
  • Brand names
  • Copyright, etc

7. What are the predefined ledgers available in Tally ERP 9 software?

There are two predefined ledgers available in Tally ERP software and are as follows:

  • Cash: Cash-in-hand ledger is created in this predefined ledger group. The opening balance can be entered as on the books beginning from.
  • Profit and Loss Account: This ledger is created under the primary group, and the previous year's profit or loss can be entered as the opening balance of this ledger.

8. What are some statutory features available in Tally ERP?

Following is the list of statutory features available in Tally ERP:

  • Value Added Tax
  • Goods and Service Tax
  • Service Tax
  • Exercise Tax
  • The Tax collected/deducted at the source
  • Payroll Statutory

9. What is the functional enhancement in Tally ERP 9 software?

  • Following are the primary functional element enhancement available in Tally ERP 9:
  • VAT: Tally ERP 9 provides an option to record items with diverse VAT rates by adjusting the "Default Accounting Allocations for Selected Item in Invoice" setting.
  • Accounting voucher: The enhanced feature in Tally ERP 9 allows the vouchers to be numbered successively.
  • Payroll: This new feature facilitates setting up the salary according to the National pension scheme.
  • Credit limits: This is set to control the position of the party ledger that is non-functional on the sales order. This credit limit notifies via a pop-up on the credit limit; if required, you can still save the voucher.
  • CST: It provides the user facility to the CST form details entered in the invoice to get printed.
  • Inventory vouchers: It allows printing the godown address for the inventory section.
  • Emailing option: Tally ERP 9 provides an opportunity to send out accounting reports to several recipients and a chance for net banking and printing in different formats.

10. How to set up an employee in Tally ERP 9 for their payroll?

Tally ERP 9 provides the ability to create required groups and categorize them into employee categories, employee groups, and employees.

Employee Group Creation:

  • Select Primary Cost Category under the employee group formation screen.
  • Rename the employee's group as "Sales."
  • Make this group "Primary" and click on admit to create the employee group formation.

Employee Master:

All the required details can be recorded like passport, statutory information, contract details, etc.

11. How can data be encrypted in Tally ERP 9?

You can use the Tally Vault function to encrypt data in Tally ERP 9. Tally Vault can be accessed at the gateway of Tally and key in F3, then select the company to encrypt the data. You can access this encrypted data only with a valid password.

12. How to create multiple ledgers in Tally ERP 9?

  • Open Accounts info on the Tally gateway and select Ledgers, locate and select multiple ledgers and click on create.
  • Once created, enter the details under the group and update the information of the name of the ledger on the multiple ledger creation tabs.
  • Click Enter and accept yes to create multiple ledgers.

To prepare for the Tally interview questions, you will have to prepare your selling point and reason why you want this job. Please research the organization you will be interviewed for, as this will help you anticipate the interviewer's reservations and concerns. Be prepared for all the standard question exchanges and practice these before the interview . The impression will have to be registered in the first few minutes of the interview and close on a positive note.

These tips will help you prepare better to face tally interview questions.

Master the Tally Software

You should be well versed with the software, and as an accounting professional, this is what is expected from the candidate attending the interview.

Remember All the Shortcuts

Revise all the keyboard shortcuts and their functions. The interviewer is expected to test your knowledge by asking about shortcuts.

Demonstrate Your Experience From Past Work

Whether you have an experience in the past using Tally for actual business or attending a practical session during training, please use some examples from work experience while speaking in the interview.

Understand the Business

Remember to research the company and its nature of business, as this will help you estimate the focus of the interview.

Confidence and Professional

It is always an advantage to be available for the interview on time. Remember to dress up in formal attire. You should exude confidence and intelligence. Handling accounts is crucial, and the interview should make you confident and calm. Demonstrate your expertise and experience in handling the software in the interview to win the interviewer over. 

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tally practical assignment questions

IMAGES

  1. (PDF) TALLY-9 PRACTICAL QUESTIONS(SAMPLE

    tally practical assignment questions

  2. 6 Journal Entries ques

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  3. GST INVENTORY PRACTICAL QUESTION IN TALLY ERP9

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  4. Free Download Tally ERP Practice Set

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  5. Tally Practical Assignment with Solutions PDF

    tally practical assignment questions

  6. Tally Assignment Practice || Exercise 5.1 || (solve)

    tally practical assignment questions

VIDEO

  1. Tally Practical Class No. 2 : TALLY 9

  2. Tally Prime Practical Assignment with Solutions PDF Free Download

  3. KLIC Tally GST Assignment RM_5813_11089

  4. Tally Assignment 4 Cost Center, Pre define cost center, BRS in tally (hindi)

  5. Tally Practical Class By Tally Accounting Solution, #tallyaccountingsolution

  6. Tally Practical Class, Student Feedback.. #rgcsm

COMMENTS

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  2. PDF TallyPrime-4 [Practical Assignment] Page: 1 www.tallyprimebook

    A Self-Study Practical Assignment on TallyPrime-Rel.4 TallyPrime-4 [Practical Assignment] Page: 3 Visit us: www.tallyprimebook.com Instruction : All are requested to attempt all Practical Assignment given after every Chapter with the help of your own TallyPrime Software, otherwise you will not able to display your Reports and Statements. After

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  5. Practical Assignments

    The Practical Assignments-Tax Accounts- covers Basic tasks of Maintaining GST Accounts, from set up, Data Entry to GST Reports, in Tally Prime Rel 3.x. This assignment is in continuation to Practical Assignments of Basic Financial Accounting & Basic Invoicing & Inventory Accounts. Maintain GST Accounts in the same Company in which Basic ...

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  7. Questions for Practice

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  9. TALLY-9 PRACTICAL QUESTIONS (SAMPLE

    See Full PDFDownload PDF. TALLY-9 PRACTICAL QUESTIONS (SAMPLE) 1. Create a Company as "Sagar Industries Ltd." in Tally with inventory management. 2. Pass the following Entries : (i) Sagar started "Sagar Industries Ltd." by bringing Capital Rs.3,00,000/- Cash. (ii) He deposited Rs.1,00,000/- cash at ICICI bank.

  10. Tally Practical Work Book

    You will learn to use Tally with complete project work. This practical work book is based on sales/purchase accounting in a Computer Shop. This practical work book Including: Financial Accounting, Inventory Management, and Sales/Purchase Order Processing in Tally.ERP 9 with GST. Each and every step is described with help of screenshots.

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    100+ Tally Practical Questions & Answers Pdf Free Download; 500+ Tally Exam Questions and Answers 2020-21; Top 250+ Tally Practice Questions with Answers; Top 1000+ Tally Online Test/Mock Test; 1000+ Tally ERP 10 Questions and Answers ; tally-erp9-questions.pdf. tally-gst-questions-answers.pdf.

  12. 4 Ledger Creation

    Basic questions for tally prime. Practice set for Tally Prime. tally practice questions ledgers in tally ques.1) Skip to document. University; High School; Books; Discovery. ... Assignment-2 (Part-2) Ledgers in T all y. Ques.1) Explain the concept of Creation, Alteration and Display of single and multiple .

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  14. Tally ERP 9 Mock Test

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    Tally is a digital accounting format, and the entries are maintained similarly to the manual book of accounts. ERP 9 (release 6.6) is the latest release version, which will be replaced by the new version TallyPrime. Use of Tally. Tally is powerful accounting software that provides a solution to all challenges a business can face. Tally takes ...

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