TALLY - TUTORIAL
A tally is a complete business accounting software developed by Tally Solutions Pvt. Ltd, Bangalore , India.
Now we are going to learn tally here.
(with Video Tutorials also)
First you need to know, some accounting basics
Accounting Basics
- Every
Transaction in any business, there must be ledger accounts for record
transaction details.
- For Every
Transaction, there are minimum 2 entries for ledger accounts, one for
Debit(Dr) and another for Credit(Cr).
- Debit(Dr) means
what comes-in (For Particular Ledger A/C).
- Credit(Cr) means
what goes-out.
- All expenses are
comes under Debit(Dr).
- All Incomes are
comes under Credit(Cr).
- All purchases
are comes into the purchase Ledger a/c.
- All sales are
out from the sales Ledger A/c.
|
Here is an Example of Transaction.
"Payment made of Rs. 2000/- for 'Room Rent'".
Ledgers to be Effected:- 1. Room Rent A/c 2. Cash.
Transaction Flow as follows:
 |
| Transaction for Debit and Credit |
