Tally.ERP9 Tutorial

Tally.erp9 tutorial

What is Tally.ERP9?

Tally.ERP9 is a FA (Financial Accounting) software with ERP (Enterprise Resource Planning) feature developed by Tally Solutions Pvt. Ltd. India. It’s headquartered is in Bengaluru, Karnataka-India.

Meaning of FA (Financial Accounting) Software

FA software is used to store and maintain daily business transactions like Purchases, Sales, Receipts, Payments, Purchases returns, Sales returns, Deposits and Withdrawal etc.

History of Tally.ERP9?

Tally Solutions previously known as Peutronics, was co-founded in 1986 by Shyam Sunder Goenkaand his son Bharat Goenka. Shyam Sundar Goenka was running a company that supplied raw materials and machine parts to plants and textile mills in southern and eastern India.

He was unable to find software that could manage his books of accounts, he asked his son, Bharat Goenka, a Math’s graduate to create a software application that would handle financial accounts for his business. The first version of the accounting software was launched as a MS-DOS application.

It had only basic accounting functions, and was named Peutronics Financial Accountant. In 1999, the company formally changed its name to Tally Solutions. In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9. In 2009, the company released Tally.ERP9, a business management solution.

How to download Tally.ERP9?

You can download Tally.ERP9 free of cost from it’s site https://tallysolutions.com/download/

For more detail watch this video

Tally.ERP9 License.

Tally.ERP9 Provide Three Mode of License

  1. Educational Mode (Demo Mode)
  2. Silver Mode (Single User Mode)
  3. Gold Mode (Multiuser Mode)

Watch this video for More about Tally License

How to open Tally.ERP9 in Education Mode

Open Tally.ERP9 then

Press Two time Esc  key from keyboard

or Press Alt+W

or Click on Work in Education Mode option with mouse .

How to open Tally.ERP9 in Education Mode

How to Close Tally.ERP9

Press Esc Key until you get Quit Dialog box then press Enter or Y
Or
Press Ctrl + Q

How to Close Tally.ERP9

First Screen of Tally.ERP9 to start your work

First Screen of Tally.ERP9 to start your work

Key Board Manners in Tally.ERP9

Key Board Manners in Tally.ERP9

Creating Company In Tally.ERP9

To Record business Trade in Tally.ERP9 we need to create a company.

To Create a Company in Tally.ERP9 means provide basic Information about that farm or Company, which record we want to maintain like Farm Name, Financial Year, Address, Contact Detail etc.

Company Info. Sheet

Company Info. Sheet provides Option to control over Company in Tally.

Option In Company Info. Sheet and its work

Select company :– Open Exiting Company.

Create Company :– To Create a New Company

Login as Remote User :- Work over cloud Server.

Backup :– To Create Backup of an exiting company.

Restore :- Restore Data from a backup file for a company

To create a new company in Tally.ERP9

To create a new Company in Tally.ERP9 Click on Create Company option from Company Info. Sheet

or

Press C if you are in Company Info. Sheet.

Company Management in Tally.ERP9

To Create Company:

Company Info.> Create Company

To Shut a Company:

Press Alt+F1 or

GOT> Com. Info (Alt+F3) > SHut Company

To Select a Company:

Company Info.> Select Company 

To Alter/Delete a Company:

GOT> Com. Info(Alt+F3) > Alter> (Choose Your company form list and press Enter to Edit) > from here you can edit your company information, To delete a company Press Alt+D)

Create Company Sheet

Create Company Sheet

Option In Create Company Sheet

•Financial Year beginning from :- Type Your Financial Year beginning date. •Book beginning from :- Business Starting Date (Opening date for Trade)

Note:- The period from 1st April to Next Year 31st March is known as the Financial Year or Fiscal Year. The income tax returns are filed and taxes for a company are usually paid in the next year after the end of the Financial Year

Gateway of Tally

Gateway of Tally

It has four Section

1.Master (To Create Ledger, Stock Item and other Master Item)
2.Transaction (To Record Business Trade-In Vouchers)
3.Utility (To Backup, Restore and Banking Record)
4.Reports ( View Reports about Trade)

What is GST?

GST stands for Goods and Services Tax. Goods and Services Tax (GST) is an indirect tax that was introduced in India on 1 July 2017 and applicable throughout India which replaced multiple cascading taxes levied by the central and state governments. 

GST Term

Interstate GST:- When a Transaction made with other states.
Intrastate GST:- When a Transaction made within State.
ITC:- Input Tax Credit
CGST:- Central GST
SGST:- State GST
IGST:- Integrated GST

HSN:-HSN means Harmonized System of Nomenclature code used for classifying the goods under the GST.
Example:- 8517 is HSN code for Mobile Phones
•SAC:– SAC means Services Accounting Code. It is used to identify which services come under which GST rate slab.
Example:- 996812 is SAC for Courier Services

GST Rate

•GST council of India defines some tax rate slab for Product and Services like 0%, 5%, 18% or 28% are known as GST rate.
•Which product or Services come under which Tax rate slab is defined by HSN/SAC code System

GST Registration type for Dealer

There are two types of registration for business Dealers according to there Business turnover.
1.Registered Dealer:- For Large Business Holder
2.Composite Dealer:- For small Business holder

What is GSTIN?

GSTIN stands for Goods and Services Tax Identity Number. This No. identify Dealer’s Registration Type and use as a Unique Id to Upload There business Sales Transaction over GST Portal.

Structure of GSTIN.

Structure of GSTIN
Pages: 1 2 3 4

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