5. Introduction
Tally is a financial statement accounting software
& it is very useful. It is a complete business
accounting & inventory management software.
Tally is an accounting package which is used for
maintaining your accounts electronically.
Tally is a main program made by Peontronies India
Pvt. Ltd. Company. It is design for all types of
accounting solution & stock management.
6. General Features of Tally
It maintains all the primary books of accounts,
like Cash Book and Bank Book.
Tally maintains all registers like Purchase
Register, Sales Registers and Journal
Registers.
Tally maintains all statement of accounts like
Balance Sheet, Profit and Loss and Trial
Balance, Cash Flow and Stock Statement.
7.
8. General Features of Tally
A Tally can maintain ‘Outstanding Reports’.
It may provide complete bill-wise information of
amounts receivable as well as payable either
party-wise or group-wise.
It provides the facility of bank reconciliation.
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11. Create Company
Some important ones are discussed below:
Name: Type the name of the company you want to create.
Mailing Name: The mailing name by default is the same as
the name mentioned above. You can type some other mailing
name of the company.
Address: Type mailing address of the company. There is no
limit on the number if lines used.
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12. Create Company
Maintain: In Tally accounts can be maintained in a two
different ways:
Accounts Only
Accounts-with-inventory
Use Security Control: This option provides security control
to your company accounts by offering a comprehensive pass-
based access control.
After filling all the required information press enter. A new
window will appear asking for confirmation.
For acceptance press ‘Y’.
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