Tally ERP 9 Accountant Interview Questions and Answers

Tally ERP 9 has various features for accounting including financial management, inventory management, payroll, and taxation.

• Financial management tools like balance sheet, profit and loss statement, cash flow statement

• Inventory management tools like stock summary, stock aging analysis, batch-wise details

• Payroll management tools like attendance tracking, salary calculation, employee data management

• Taxation tools like GST compliance, TDS management, tax filing

• Banking tools like ...read more

There are 28 types of ledgers in Tally ERP 9

• Tally ERP 9 has 28 predefined ledgers

• Ledgers are classified into 4 categories - Primary, Sales, Purchase, and Nominal

• Primary ledgers are used for creating groups and sub-groups

• Sales and Purchase ledgers are used for recording sales and purchase transactions

• Nominal ledgers are used for recording expenses, incomes, and losses

• Examples of ledgers include Cash, Bank, Sales, Purchase, Salary, Rent, etc.

Tally is an accounting software used for managing financial transactions and generating reports.

• Tally is used for bookkeeping, inventory management, payroll processing, and tax filing

• It can be used by businesses of all sizes, from small shops to large corporations

• Tally can be used in various industries such as manufacturing, retail, healthcare, and education

• It helps in maintaining accurate financial records and provides real-time insights into business performance

• Tally can be...read more

I am from New York City, a bustling metropolis known for its diverse culture and iconic landmarks.

• I am originally from New York City

• I grew up in a vibrant and diverse urban environment

• I am familiar with the fast-paced lifestyle of a big city