What is Tally ERP9?

Tally ERP9 is an accounting software primarily used in India. It is popular among most of the small or medium enterprises. Tally provides complete accounting solutions to track and manage all transactions related queries. Tally ERP9 helps manage GST filing. It is a combination of control, function and inbuilt customizability. Tally ERP9 is very easy to operate. After attending Tally Classes in Delhi you can become a pro in creating ledgers, invoice, etc.

 

Tally ERP9 allows business owners and their clients to interact in accounts related discussions. It is a very simple product which offers comprehensive business features such as Finance, accounting, inventory, purchase, point of sales, sales, manufacturing, job costing, branch management, payroll and GST compliance capabilities.

 

Steps Involving to Use Tally ERP9

 

Tally ERP9 works the same way as we used to maintain accounts manually in books with entries as credit and debit. The only difference is that maintaining accounts in Tally involves digital practices instead of old school pen and paper. In Tally ERP9, we create entries in the same way, as credit and debit. By following these steps with effective training in Tally in Tally Institute in Delhi you can easily learn to operate Tally ERP9. 

 

Step 1: Installation:- 

 

Tally ERP9 accounting software is available on the Tally Website. You can purchase and download it from there. There is an option of downloading a 30-day trial version if you want to be sure of using it. Tally 9 is compatible with windows only. Tally ERP9 comes with the Educational Mode, this mode allows you to understand how to use the software without having to purchase a license. Though this mode is helpful but some features are restricted in educational mode.

 

Step 2: Installation:- 

 

Tally ERP9 is so comfortable to use that it can be navigated through the keyboard. Tally has a shortcut key for every operation that it does. The shortcut is usually the key displayed next to each available option. Many Tally courses in Delhi put emphasis on Tally shortcuts to make operating in Tally ERP9 easy.

 

Also, Read: Top 10 Shortcut Trick in Tally To Speedup Data Entry in Tally 

 

Step 3: Create a Company:- 

 

Children seek attention all the time. Nowadays, Parents are busier at their work. They seem to care less about the daily routine of their children. In this case, children began to hide things from parents. This situation arises due to the lack of communication between parents and children. Give time to your child, listen to their complaints carefully and try to resolve the problem first hand. This helps develop your child’s confidence in you. 

 

Avoid Putting the Pressure of Expectation

 

To enjoy the benefits of Tally ERP9, we will first create a company in the program. This is the first most important step in adding top most required company details while managing accounts. It is mandatory to create a company even if you have no intentions of using Tally ERP9 professionally. Follow these steps to create a company: 

 

#1: In the menu bar click on “Create Company” 

#2: Enter Company details:

  • The company name should be the same as it appears on the banking records.
  • Enter the company, statuary compliance, address, email and telephone number.

#3: Turn on “Auto Backup” to ensure the recovery of your lost data.

#4: Choose your currency.

#5: You can set Tally to Account mode and Inventory with Accounts mode by selecting options from the maintain menu.

#6: Enter the commencement of your financial year and opening date for the books.

 

Refrain from Comparison

 

Comparing your child with other children can do a great deal of damage to your child’s personality. Rigorous comparison of the child to other kids sends a message to the child that he or she is not good enough. Respecting the child’s individuality should be the first and foremost step in building their confidence and bringing the best out of them. 

 

Step 4: Usage:- 

 

#1: Creating Ledgers.

First, understand what ledgers are for. Ledgers are created to record all of the transaction in them.  You will be required to create one ledger for each account that they do business with. Two ledgers are already there i.e. “Profit and Loss Account” and “Cash”. You can create as many ledgers as you need.

 

Be a Model for Your Child

 

Children learn what they see, more than what they hear. Therefore, implementing things on yourself that you advocate will leave a lasting impression on them. Starting from little things like arranging the books back on the shelf to being polite to guests, children follow what to do. If there is any disagreement in your behavior children will pick it up very quickly. Therefore, it is very important to practice what you preach. 

 

How to create ledgers?

 

Nothing can teach values like sharing, caring, team spirit and resilience like playing a sport. Sports and games are the best personal development activities for kids. In today’s era, Sadly, many parents prevent their children from field play and even restrict them from taking up any sport. For the overall physical and mental growth of your child, you must involve them actively in a sport. It is also great for children to unwind every day from the stress of academics and remain cheerful.

 

  • Select Gateway of Tally then Select Account’s Info Then Click on Ledger then Select Create.
  • Choose the required group to assign your ledger. It is a very important step.
  • Assign your ledger with a name
  • Enter an opening balance.

 

Step 5: Creating Vouchers:- 

 

Vouchers contain important details of company’s financial transaction. All aspects of the business are performed using vouchers. Tally ERP9 is geared with various popular Vouchers pre-configured for usage.

 

How to Create vouchers?

  • Open Voucher screen
  • Choose the type of voucher you want to create
  • Enter the required fields

 

Note: The information can vary depending on the type of voucher you choose

 

Conclusion

 

Tally is highly effective and the most popular accounting tool which makes the life of an accountant easier. If you were a commerce student and you are looking to develop a career in accounting then, takin Tally course is important for you. Classes of Professional Studies can help you overcome your doubts and fears about Tally ERP9 and led you on the path of a successful accounting career.