How does tally 9 work

Tally ERP 9 is exclusively compatible with Windows. Users can also use Tally in Educational Mode to gain information about Tally ERP 9 and use the software without wanting to collect a license. However, in this mode, certain features are disabled. For Tally use , the keyboard is the primary means of navigation in ERP 9.

Although humans can choose an alternative, Tally has a keyboard shortcut for just about everything. The key appearing under each alternative resource is known as the shortcuts. It will be more efficient if you learn how to navigate the keyboard.

To get started using Tally, you'll need to create a company in the program. You can do so by following the given steps:. Step 1: Select "Create Company" from the main menu. Step 2: Fill in the following information about your company:. Step 3: Enable "Auto Backup" to guarantee that your work is restored even if the original is lost. Step 4: Decide on a currency. Step 5: If you're only using Tally to manage your accounts, choose "Accounts alone" from the Maintain menu.

However, if you're also using Tally to handle your inventory, choose "Accounts with inventory. Step 6: Enter the beginning of your fiscal year as well as the bookkeeping start date.

Tally ledgers keep track of all of the activities for a specific account. For each account with which you transact business, you'll need to construct a ledger. Step 2: Choose a group. Also pick which category the ledger will be assigned to in this section. It's critical to pick the proper group because it will influence how figures and sales are totalled later.

Step 3: Assign a name to the ledger. To find out just what your ledger includes without having to open it, give it a name. Step 4: Calculate an initial balance if any. This could be the amount present in your bank account if you were establishing a ledger for it. If you're beginning a ledger for money due to a vendor, the starting balance will be the amount you owe.

Recognise the function of vouchers: A voucher is a document that provides information about a financial transaction. Through sales to deposits, these are used in every part of a firm. ERP 9 includes pre-configured vouchers for many of the most common categories. Some of the tally uses are listed below. Tally ERP 9 is a multi-lingual tally software since it accepts multiple languages.

Accounts can be kept in one language, while reports can be read in another. You can add up to 99, companies in your account. You can automate personnel records administration with the payroll feature.

Tally offers a synchronisation capability that allows transactions from several offices to be updated automatically. Produce consolidated financial statements as per the company's needs. Tally's ability to manage single and numerous groups is crucial.

Tally 4. It's an MS-Dos-based program. Tally 5. It was a version with a graphical user interface. Tally 6. Tally 7. This version included additional features such as a Statutory complementary edition and VAT laws based on state. Tally 8. In , the latest version of Tally 9 was launched due to faults and errors. Tally ERP 9 is the most recent version of Tally, which was launched in In this article, we will guide you how to use Tally ERP 9. Release 6 for GST.

In order to use Tally, a user must create a company on Tally, enable the GST features and create the necessary ledgers. It is nothing but the data storage location.

The tally directory will store all data you entered in Tally ERP 9. Anyway, by default, the data storage will be inside the installation folder. Enabling this data field, we will get complete control over the data, we can assign users for specific purposes, for example:. To save the details entered in the company creation screen If you have entered all the details and after verifying it seems to be right, then you have to accept the screen by pressing Enter and again Enter to accept and save the details.

Note: If we have enabled the Tally Vault password, then in the next screen it will ask the Name of the user and Password details. After entering these details, Tally ERP 9 will create a company and direct you to the Menu Gateway of Tally Where you can create masters and enter transactions. To use Tally.

Once activated, GST-related features are available in ledgers, stock items, and transactions, and GST returns can be generated. The GST Details screen appears. State — shows the State name as selected in the Company Creation screen. To inform users of this effect, a warning message appears when the state name is changed.

Specify GST Applicable from date. GST will be applicable for your transactions from this date onwards. This can be printed in the invoices as required. Log in Social login does not work in incognito and private browsers. Please log in with your username or email to continue. No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Cookie Settings. Learn why people trust wikiHow. Download Article Explore this Article parts.

Related Articles. Article Summary. Part 1. Install the Tally software. Tally 9 ERP can be purchased and downloaded from the Tally website. You can download a day trial version if you're not sure if you want to use it yet. Tally 9 is for Windows only. You can also use Tally in Educational Mode, which allows you to learn how to use the software without having to purchase a license. Some features are restricted in this mode.

Navigate Tally. Tally is designed to be navigated by using the keyboard. While you can click any option you want, everything in Tally has a keyboard shortcut.

Usually, the key is displayed next to each available option. Learning how to get around with the keyboard will increase your efficiency. Create a company. In order to use Tally, you will need to create a company in the program. Even if you aren't using Tally professionally, you still need to create a company. In the opening menu, select "Create Company".

This will take you to the Company Creation screen, which will allow you to enter in your company details. Enter in your company name as it appears on your banking records. Enter your company address, statutory compliance, telephone number, and email Turn on "Auto Backup" to ensure that a copy of all your work is saved in case something happens to the original.

Choose your currency. If you are using Tally to just manage your accounts, select "Accounts info" in the Maintain menu. If you are using Tally for inventory management as well, select "Accounts with inventory". Enter the start of your financial year and the start date for the books.

Part 2. Understand what ledgers are for. Ledgers record all of the transactions for that account. You will need to create a ledger for each account that you do business with. There are two ledgers included: "Cash" and "Profit and Loss Account". You can create as many other ledgers as you need. Place the party in the group that they closest relate to.

For example, A party that you sell more to than you buy from would be a Sundry Debtors account. Open the Create Ledger window. Select "Accounts Info" from the Gateway menu. Choose the "Ledgers" option. You can then choose to create a single ledger or create multiple ledgers.

Select the group.