Basic Introduction Of Tally

2. Tally
• It is an Accounting Software.
• There are many types of version in the
market.
– Tally 7.2
– Tally 9.0
– Tally 9.1
– Tally 9.2
– Tally ERP 9

3. Terms of Accounts
• Transactions
• Entry
• Capital
• Fixed Assets
• Current Assets
• Debtors
• Creditors
• Drawing[ Withdraw by
Owner ]
• Trade Discount
• Cash Discount
• Trading Account
• Profit Loss Account
• Balance Sheet

4. Types of Account
1. Personal Account
• Debit the receiver
• Credit the giver
2. Real Account
• Debit What comes in
• Credit what goes out
3. Nominal Account
• Debit expenses and loss
• Credit income and profit

5. Personal A/c
• Creditors
• Debtors
– e.g.
• Take the loan from bajaj finance and take
the rs to mr. Anand rs 10000
Debit Credit
– DR Anand 10,000
– CR bajaj fiance 10,000

6. Real Account
• Assets
• Good
– e.g.
• Cash deposited into bank of baroda rs-2500
Debit Credit
Dr BOB 2500
Cr Cash 2500

7. Nominal A/c
• Income – received commission etc.
• Expenses – rent, electric bill etc.
– e.g.
• Paid Electric bill Rs-1500, received commission rs-100
– Expenses
Debit Credit
Dr Electric Bill 1500
Cr cash 1500
– Income
Dr Cash 100
Cr Commission 100

9. Click in Tally-9

11. Click Here

12. Create Folder in
D:Admin

13. Your Company Name
Your Company Nick
Name
Company Address
Country Name
Create Password
Financial Year
Chose Your Account

17. Design By:-
Rahul Solanki
Sachin Vishwakarma