Tally.

ERP9
Accounting Software
(For B.Com (Bank Management), B.Com.(ISM), B.Com.(Applied),
B.Com.(Cooperation), M.Com. Courses)

By

Dr.P.Rizwan Ahmed, MCA., M.Sc., M.Phil., Ph.D,

Head of the Department
Department of Computer Applications &
Post Graduate Dept. of Information Technology
Mazharul Uloom College, Ambur - 635 802
Vellore Dist. Tamil Nadu.

Margham

Publications

No.24, Rameswaram Road, T- Nager,

Chennai- 600 017 Phone:(044) 2432 2469

Web Site: www.margham.in
E-mail: www.margham.tn@gmail.com

CONTENTS
Preface
Acknowledgement

Chapter 1

Introduction to Computers

1.1 Meaning of Computer

1.2 Characteristics of a Computer
1.3 Areas of Applications / Uses of Computers in different fields
1.4 Anatomy of Digital Computer
1.5 Component of a Computer
1.6 Input-Process-Output Cycle
1.7 Memory and Control Unit
1.7.1 Memory Unit
1.7.2 Control unit
1.8 Input and Output Devices
1.8.1 Input Devices
1.8.2 Output Devices
1.9 Hardware
1.10 Software
1.10.1 System Software
1.10.2 Application Software
1.11 Programming Languages / Computer Languages
1.11.1 Low Level or Machine language
1.11.2 Assembly Language
1.11.3 High level language
1.12 Computer Viruses, Bombs, Worms
1.12.1 Types of Viruses
1.12.2 Categories of Viruses
Summary
Review Question

Chapter 2
2.1 Introduction
2.2 Information Technology Definition
2.3 Information Technology for Business
2.4 Basic Concepts of Information Technology
2.5 Technological Trends in IT

Basics of Information Technology

2.6 Career Overview: Information Technology

2.7 Applications of Information Technology
2.8 Information technology law
Summary

Review Questions
Chapter 3

Accounting Basics

3.1 Introduction of Accounting

3.2 Real, Personal and Nominal Accounts
3.3 Meaning and Definition of Accounting
3.4 Characteristics of Accounting
3.5 Objectives of Accounting
3.6 The Nature of Accounting
3.7 Importance and Advantages of Accounting
3.8 Limitation of Accounting
3.9 Process of Accounting
3.10 Methods of Accounting
3.10.1 Single Entry
3.10.2 Double Entry System
3.11 Types of Accounts
3.11.1 Personal Accounts
3.11.2 Real Accounts
3.11.3 Nominal Accounts
3.12 Golden Rule of Accounting
3.13 Accounting Records
3.14 Books of Account
3.14.1 Journal
3.14.2 Ledger
3.15 Financial Statements
3.15.1 Trial Balance
3.15.2 Profit and Loss Account
3.15.3 Balance Sheet
3.14Assets
3.15 Liabilities
Summary
Review Questions
Chapter 4

Computerized Accounting

4.1 Fundamentals of Computerized Accounting

4.2 Requirements of the Computerized Accounting System
4.3 Need for Computerized Accounting
4.4 Salient Features of Computerized Accounting
4.5 Advantages and Disadvantages of computerized Accounting
4.6 Manual Accounting Vs Computerised Accounting
4.7 Problems Faced in Computerized Accounting System
4.8 Limitations of Computerized Accounting Systems
Summary
Review Questions
Chapter 5

Fundamentals of Tally.ERP9

5.1 Introduction
5.2 History of Tally
5.3 Versions of Tally
5.4 Difference between Tally ERP 7.2 and Tally.ERP9
5.5 Comparison between Tally 7.2 and Tally 9
5.6 Advantages in Tally
5.7 Features of Tally
5.8 Tally.ERP 9 Fundamentals
5.9 Salient Features of Tally.ERP9
5.10 Application areas of Tally. ERP9
5.11 Technology Advantages of ERP9
5.12 Install Tally.ERP 9
5.13 Uninstalling Tally.ERP 9
5.14 Getting Started with Tally.ERP 9
5.15 Quitting Tally.ERP 9
5.16 Components of Tally.ERP 9 Screen
5.17 Configuration of Tally screens and menus
5.18 Creation of Company
Summary
Review Questions
Chapter 6
6.1 Groups
6.2 Pre defined Groups - in Tally.ERP 9
6.3 Creating a Group
6.3.1 Creating a Single Group
6.4 Creating Multiple Groups
6.5 Displaying a Group
6.6 Editing and Deleting Groups
6.7 Ledger

Groups

and

Ledgers

6.7.1 Creating a Ledger

6.7.2 Creating Ledger in Normal Mode
6.7.3 Creating Multiple Ledgers
6.7.4 Editing and Deleting Ledgers
Summary
Review Questions
Chapter 7

Vouchers

7.1 Introduction to vouchers

7.2 Voucher Entry
7.3 Editing and Deleting Vouchers
7.4 Accounting Vouchers
7.4.1 Contra voucher
7.4.2 Payment voucher
7.4.3 Receipt voucher
7.4.4 Journal Voucher
7.4.5 Sales voucher / invoice
7.4.6 Credit note voucher
7.4.7 Purchase voucher
7.4.8 Debit note voucher
7.4.9 Memo voucher
7.4.10 Inventory Vouchers
Summary
Review Questions
Chapter 8
8.1 Introduction to Inventory
8.2 Stock Categories
8.2.1 Creating Stock Category
8.2.2 Displaying and Altering Stock Categories
8.3 Stock Groups
8.3.1 Creating Stock Group
8.4 Stock Items
8.4.1 Creating a Stock Item
8.5 Configuration and features of Stock Item
8.6 Editing and Deleting Stocks
8.7 Purchase Order
8.8 Sales order
Summary
Review Questions

Inventory Masters

Chapter 9

Introduction to Cost and Budget

9.1 Introduction to Cost Centre

9.2 Introduction to Cost Category
9.3 Cost Centre and Cost Category in Tally.ERP
9.3.1 Creating Cost Categories
9.3.2 Creating Cost Centres
9.4 Editing and Deleting Cost Centre
9.5 Editing and Deleting Cost Category
9.6 Usage of Cost Categories
9.7 Usage of Cost Centres
9.8 Introduction to Budget
9.9 Budgetary Control
9.10 Creating a Budget
9.11 Editing and Deleting Budget
Summary
Review Questions
Chapter 10

Generating and Printing Reports in Detailed and Condensed Format

10.1 Day Book

10.2 Balance Sheet
10.3 Profit & Loss A/c
10.4 Trial Balance
10.5 Ratio Analysis
10.6 Printing Reports
10.7 Cash and Funds Flow Statements
10.7.1 Cash Flow Statement
10.7.2 Funds Flow Statement
10.8 Cost Centre Reports
10.9 Inventory Report
10.10 Bank Reconciliation Statement
Summary
Review Questions
Chapter 11
11.1 Introduction
11.2 When and how to deduct TDS?
11.3 TDS Process
11.4 Issue of TDS Certificate

Tax Deducted at Source (TDS)

11.5 TDS in Tally.ERP 9

11.6 Features of TDS in Tally.ERP 9
11.7 Enabling TDS in Tally.ERP 9
11.8 Creating TDS nature of payment
11.9 Create an Expense ledger with TDS applicability
11.10 Creating Party Ledger with TDS deductibility
11.11 Creating TDS Ledger in Tally ERP9
11.12 TDS on Transaction in Tally ERP9
11.13 TDS Payment in Tally ERP9
11.14 TDS Reports
Summary
Review Questions

Chapter 12

Value Added Tax (VAT)

12.1 Introduction to VAT

12.2 Value Added Tax (VAT)
12.3 Features of VAT in Tally
12.4 Justification of VAT
12.5 Advantages of VAT over Sales Tax
12.6 Exempted Form VAT
12.7 Defining Tax Rate at Ledger or stock item Level
12.8 Enabling VAT in Tally ERP9
12.9 Stock Item Creation
12.10 Creating Supplier Ledger
12.11 Creating Customer Ledger
12.12 Creating Purchase Ledger
12.13 Creating sales Ledger
12.14 Creating VAT Ledger
12.15 Transaction for VAT calculation
12.16 Sales Transaction
12.17 VAT Reports
Summary
Review Questions
Chapter 13
13.1 Introduction
13.2 Salient Features of Tally.ERP 9s Payroll
13.3 Enabling Payroll in Tally
13.4 Payroll Configuration
13.5 Create Pay Heads
13.6 Pay Head Type

Payroll

13.7 Create Employee Masters

13.8 Employee Group Creation
Summary
Review Questions
Chapter 14
14.1 Backup Tally data
14.2 Restore Data in Tally.ERP 9
Summary
Review Questions
APPENDIX I: Tally.ERP9 Short Cut Keys
APPENDIX II: Tally Exercise
APPENDIX III: Tally Multiple Choice Questions and Answers
APPENDIX IV: Tally Questions and Answers
APPENDIX V: Tally Model Question Papers

Backup and Restore Data