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Job title : Tally Operator
Questions being asked in the interview :

1. Explain what is Tally and where it can be used?
Ans:Tally is a software for accounts and inventory management, which is used for performing many functions like
  • Performing all basic accounting functions
  • Estimating job costing
  • Storing details and managing inventory items
  • Managing payroll
  • Filing tax return, managing profit, and loss statement, preparing a balance sheet, VAT forms, trial balance, cash-flow report, etc.
  • Maintaining budget scenarios
  • Calculating interest on the outstanding amount
  • Managing data over different locations and synchronize it.
2.Mention what is the difference between Tally ERP 9 and Tally 7.2?
Ans:Tally 7.2
  • It is an integrated solution that provides a function related to accounting, reporting and inventory
  • This version includes VAT (Value Added Tax) functionality, Licensing and Tax deduction at source
  • It is widely used because of simplifying VAT, Service Tax and TDS formalities
  • It provides two licensing, Single User Licensing and Multi User Licensing
Tally ERP 9
  • It is an upgraded version of Tally 7.2, and provides many features like TDS, Payroll management, Excise for dealers, etc.
  • This version includes handling of POS invoicing, Statutory and Taxation, Payroll, Multi-lingual support, etc.
  • It is more popular because of providing advanced inventory management and simplifying accounting
  • It is available in two edition Tally Silver (Single User Edition) and Tally Gold (Multi-User Edition)
3.Mention what are the two pre-defined ledger available in Tally ERP 9?
Ans: In Tally ERP 9, there are two types of pre-defined ledgers:
Cash: Under the group Cash-in-hand this ledger is created, you can enter the opening balance as on the books beginning from.
Profit and Loss Account: This ledger is created under the group Primary. In this ledger, previous year’s profit or loss is entered as the opening balance of this ledger.

4. Mention what are the types of ledger you can make in Tally ERP 9?
Ans: The types of ledger you can make in Tally ERP 9 are: Creating a sales/purchase ledger,Creating a party ledger,Creating bank account,Creating a tax ledger,Creating a current liabilities.

5.Mention what is the shortcuts for Voucher Creation and Alteration Screen in Tally ERP 9?
Ans:For Tally ERP 9, to create any master (ledger, stock item) on the voucher or alteration screen, you have to enter Alt+C.
To alter or configure any master item on a voucher, you have to select specific ledger or stock item on the sales voucher screen and press Ctrl+Enter.

(Written on: 21.10.2015)

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