COOL IMAGES

TALLY 4.5

Lesson 1

Hardware Requirement:

1. A windows operating system with any version like window 98, 2000, Me, NT, XP or
Vista.
2. A ram of at least 32 MB.
3. Hard disk of 10 GB.


How to start:

After Installation it creates a shortcut on Desktop Named Tally 5.4.
Click on that Icon and wait a given page will be appear along with shown Options:

Tally 5.4

COMPANY INFO.

Select

Create

Display

Alter

Backup

Restore

Recovery of Data

Quit

1. Select Option: - It’s used to Select the Company’s form the list appear after Pressing

Enter Button or Clicking on it twice.

Steps: { i }. Click or Enter on select option, a list of companies will appear.
{ ii }. Select your company name and press Enter.
{ iii}. It will show u a Screen with named Direct Command’s. Basically
This screen is used for making simple calculations. Now press F1
For moving forward to main window.
{IV}. It will show you a Window with name “Gateway of Tally”
It’s the main screen from our main work is going to be started.
We will discuss that in next topic.

2. Create Option: - It’s used for creating a New Company. When we enter or Click on this

option of Company Information, a Form named “Company Creation”

will be shown on screen. It will show you as shown below.

COMPANY CREATION

NAME OF COMPANY
ADDRESS
INCOME TAX PAN
LOCAL SALES- TAX REGN.
I/S SALES – TAX REGN.
FINANCIAL YEAR
BOOK BEGNING FROM
METHOD OF SECURITY

Note:-
Name : here we have to write the name of company.
Address : write the address of your company.
Income Tax Pan : write the Permanent Account No. of owner of
Company. Income tax Dep gives it.
Local Sales-Tax Regn : Its for a Local sales tax no given by your state gov.
I/S Sales Tax Regn. : It’s given by central government of country.
Financial Year : A period to business from 01st Apr. to 31st Mar.
Book beginning from : A period to maintaining the financial year.
Method of Security : It will give you 3 choices.
1. No Security
2. Tally Vault
3. Password
Note: Use no security if you are Beginner and if you are working in some company then I will go for password but a little thing in password that you cant make changes in company or already created vouchers.

After creating a new company go on select option and follow the steps.

3. Display Option: - It’s used for viewing the detail filled in company creation form
during creating a new company.

Note: It will work when u select a company.

4. Alter Option: - It’s used for making changes in the company detail and according
to every Screen it will make changes. For example: if you are at
company info menu it will help you in making changes in company
detail’s. If you are at ledger creation it will help you in making
changes in ledger account.

5. Back- up :- It is used for creating Back-up, means it will compress the data of
company at some storing device from which we can retrieve latter.
For safety of data it is used.

6. Restore :- For resorting the Compressed data in normal form, so that we can
read it.

7. Recovery of data : For checking the validity of data in tally.

8. Quit : For going one step backward, if you are at company info. It will exit from tally.

TALLY STARTING

TALLY

INTRODUCTION:

Tally is accounting software, which is used in many types of industries in the world. Tally software is been made by PETRONIQUES COMPANY INDIA PVT LTD, which is situated in Bangalore.

It has many versions with its various releases like.

1. Tally 4.5
2. Tally 5
3. Tally 5.4
4. Tally 6.3
5. Tally 7.2
6. Tally 8.1
7. Tally 9

1. Tally 4.5: It’s a Dos based Program used for Accounting Entries. It’s the first version or we can say starting of Tally History.
We have to Create Ledgers and Just have to make Journal Entries and other all works will be done automatically.
Like Maintaining Ledger Account’s Individually, Profit & Loss Account, Trial Balance and Most Important Balance Sheet.
It is the easiest way of Accounting and after this a revolution came in Accounting Profession.

It helps in maintaining the Account’s but there is one disadvantage that it can keep record of Inventory.
So for solving this problem a new version has been launched.

2. Tally 5.0: It’s an Dos based Program used for Accounting Entries and also maintaining
the Inventory. It’s the Second version of Tally.

But not for a long time it could be used only in dos and people are getting familiar with
Windows.

So soon a new version has been launched.

3. Tally 5.4: It’s a Window’s based Third Version of Tally.
It is Simple to use and having features of handling all ledger account along with Inventory.
It helped in keeping Account’s in simple way and automatically generates the Profit and Loss Accounts and Balance Sheet.

Lets Start with Tally 5.4 so that you can learn about working in tally and get little bit familiar too.