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Tally Prime Basics in English...

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143 views

Tally Prime Basics in English...

Uploaded by

jikaref595
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Tally Prime Basics

Here’s a beginner-friendly guide to Tally Prime:

1. Introduction to Tally Prime

• Tally Prime is accounting software used for financial management, inventory management,
and reporting.

2. Installation

• Download from the official Tally website.

• Follow the installation instructions to set it up on your system.

3. Getting Started

• Open Tally Prime: Launch the application.

• Gateway of Tally: This is the main screen where you can access various features.

4. Creating a Company

• Go to Create Company.

• Fill in details like the company name, address, financial year, etc.

• Save the company to start working.

5. Chart of Accounts

• Tally organizes accounts into a hierarchy.

• Use the Accounts menu to create ledgers, groups, and vouchers.

6. Creating Ledgers

• Navigate to Accounts > Ledgers.

• Click Create to add a new ledger (e.g., Cash, Bank, Sales).

• Specify the group under which the ledger falls.

7. Vouchers

• Vouchers are used for recording transactions.

• Types include Payment, Receipt, Sales, Purchase, and Journal.

• Access vouchers from the Transactions menu.

8. Inventory Management

• Tally Prime supports inventory management.

• Create stock items via Inventory > Stock Items.

• Manage purchases and sales of stock through appropriate vouchers.

9. Reports
• Tally generates various reports such as Profit & Loss, Balance Sheet, and Cash Flow.

• Access reports from the Reports menu.

10. Backup and Restore

• Regularly back up your data using the Backup option.

• Restore data through the Restore option if needed.

11. Shortcuts

• Familiarize yourself with keyboard shortcuts to speed up your work. For example:

o Alt + C: Create a new ledger

o Alt + I: Insert a voucher

12. Help and Support

• Tally provides help files and tutorials within the software.

• Consider visiting the Tally Solutions website for more resources and community forums.

Tips for Beginners:

• Start with simple transactions to get a feel for the interface.

• Explore each feature gradually to avoid feeling overwhelmed.

• Regular practice will help solidify your understanding.

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