INSTITUTE OF CHARTERED ACCOUNTANTS OF

INDIA
Submitted by:- Submitted to:-
SHIVIKA GARG NOIDA BRANCH
CRO0544028 OF ICAI
ACKNOWLEDGEMENT
I have taken efforts in this project. However, it would not have been
possible without the kind support and help of many individuals and
organizations. I would like to extend my sincere thanks to all of them.
I am highly indebted to Noida Branch Of ICAI for their guidance and
constant supervision as well as for providing necessary information
regarding the project & also for their support in completing the project.
I would like to express my gratitude towards my parents & member of
ICAI for their kind co-operation and encouragement which help me in
completion of this project.
I would like to express my special gratitude and thanks to industry persons
for giving me such attention and time.
My thanks and appreciations also go to my colleague in developing the
project and people who have willingly helped me out with their abilities
 TABLE OF CONTENTS
INDEX SLIDES
WHAT IS TALLY 5
HISTORY OF TALLY 6-7
FEATURES OF TALLY 8
SETTING UP A COMPANY 9-11
MAINTAINING ACCOUNTS 12-22
ACCOUNTING VOUCHERS 23-25
ACCOUNTING REPORTS 26-27
BACKUP & RESTORE 28-30
OTHER FEATURES 31-32
IMPORT & EXPORT OF DATA 33-34
GETTING STARTED
WITH
 WHAT IS TALLY.ERP9?
Tally.ERP 9 is the worlds fastest and most powerful concurrent Multi-
lingual business Accounting and Inventory Management software.
Tally.ERP 9, designed exclusively to meet the needs of small and medium
businesses, is a fully integrated, affordable and highly reliable software.
Tally.ERP 9 is easy to buy, quick to install, and easy to learn and use.
Tally.ERP 9 is designed to automate and integrate all your business
operations, such as sales, finance, purchasing, inventory, and manufacturing.
With Tally.ERP 9, accurate, up-to date business information is literally at
your fingertips anywhere. The powerful new features and blazing speed and
power of Tally.ERP 9combined with enhanced MIS, Multi-lingual, Data
Synchronization and Remote capabilities help you simplify all your business
processes easily and cost-effectively.
 HISTORY OF TALLY
The Late Shri S. S. Goenka, founder of the company Peutronics Pvt. Ltd. set
up Tally's software business in 1986. His able mentoring of his son Bharat
resulted in the creation of software that would simplify the process of
financial accounting and inventory. Determined to create and develop a
simple business accounting software, Bharat spent months in the research
and development of path breaking technologies, which would assist him in
achieving his goals. His dedication and focus led to the development of a
commercial product. It was at this stage that Peutronics Pvt. Ltd.

Versions of Tally:
Tally 4.5: This version MS-DOS support financial accounting system. It takes care of
accounting activities only such as Ledgers Classification Vouchers Entry. It provides simple
financial reports and bill wise analysis of debtors and creditors in the business .
Tally 5.0: This version is an upgraded version to tally 4.5 and it works in windows
operating system  Inventory modules is introduced in this version, which involves detailed
inventory, structure invoicing and integrating accounting and Inventory records.

Tally 5.4: This version is an improved module over the version 5.0 where it is capable of
converting earlier data formats in to the current data format. This is possible though Import
of Data Facility.

Tally 6.3: This version is extended enterprise systems whereby it interacts with other
system through ODBC (Open Data Base Connectivity) you and e-mail upload your
financial records form tally.

Tally 7.2: This version is an integrated enterprise system provides different kind of taxes
like VAT, TDS & TCS and Service Tax modules is introduced in this version.

Tally 8.1: This version is s multi language support software. It supports 10 Languages

includes is introduced in this version.

Tally 9.0: This version is an improved model over the version 8.1. it supports 13 Languages
(Includes Foreign Languages). Payroll, POS (Point of Sales) modules is introduced in this
version.
 FEATURES EXPLANATION
F Simple and Flexible Tally.ERP 9 is simple to learn and flexible to use. It allows both
keyboard and mouse conventions for smooth and easy data entry

E Codeless Accounting Tally.ERP 9 pioneered the ‘no accounting codes’ concept which allows
the user to maintain data in plain English

A Complete Business
Solution
Tally.ERP 9 provides an integrated business solution for accounting,
inventory, sales, finance, purchasing, manufacturing, excise and payroll
extensive with features to record, extract, display and print information
T effectively
Integrated Accounting Tally.ERP 9 provides the facility to integrate accounting and inventory

U
and Inventory information at any point of time for consolidated book keeping / MIS

Speed and Power Tally.ERP 9 is a robust software which provides tremendous capability

R to maintain multiple companies with unlimited levels of classification,

generate reports with high speed and accuracy and drill down to the
transaction level at any point of time
E Real time processing Tally.ERP 9 helps to generate numerous reports and statements instantly
upon entering the transactions

S Remote Access Tally.ERP 9 provides the facility to remotely access the data from
anywhere anytime
FIRST STEP:

SETTING UP A
COMPANY IN
TALLY.ERP9
CREATE A COMPANY:
Go to Gateway of Tally > Company Info. > Create Company

Enter the
details Other
Details
Country and
state

Contact nos.

Press Y or Enter to accept.

Select, Alter & Shut company:
Go to Gateway of Tally > Company
Info

Press ‘C’ to
create company

Short Keys Functions

F1 Select company
Alt + F1 Shut company
Alt + F3 Alter company
SECOND STEP:

MAINTAINING
ACCOUNTS IN
TALLY.ERP9
 TALLY ALLOWS US TO:

 LEDGER
CREATE  UNIT
 STOCK ITEM
 GROUP
DISPLAY  CATEGORIES
 CURRENCY
 PAY ROLL
ALTER  VOUCHER
All About Ledgers Press ‘C’ to
create ledger

Press
‘A’ for Press Press ‘D’ to Display
account ‘L’ for ledger
s info Ledger
s

Press ‘A’ to
Alter ledger
How To Create A Ledger?
Name of the ledger
account

Mailing
details about
Press Y
the leger
account
or Enter
created, if
any.
to
Select the head under which accept
the ledger account falls. Tax
details
 How To Display & Alter A Ledger?
DISPLAY: ALTER:
Go to gateway of Go to gateway of
tally > accounting tally > accounting
info > ledgers > info > ledgers >
display alter
Short key- ALD Short key- ALA

Then choose the Then choose the

ledger a/c that you ledger a/c that you
want t see want to alter
All About Units Press ‘C’ to
create unit

Press ‘I’ Press

for ‘U’ for
inventory Units Of
info Measure Press ‘D’ to
Display unit

Press ‘A’ to
Alter unit
How To Create A Unit?
Define the type of the unit

Symbolise the unit

Actual/formal name of the

unit
Define the appropriate
decimal places

Press Y or Enter
to accept
 How To Display & Alter A Unit?
DISPLAY: ALTER:
Go to gateway of Go to gateway of
tally > inventory tally > inventory
info > units of info > units of
measure > display measure > alter
Short key- IUD Short key- IUA

Then choose the Then choose the

unit that you want unit that you want
to see to alter
All About Stock Items
Press ‘C’ to
create stock
item

Press ‘I’ Press ‘I’

for for
inventory Stock Press ‘D’ to
info Items Display stock
item

Press ‘A’ to
Alter stock item
How To Create A Stock Item?
Define the name of the item

Define the head under

which the item falls.
Define the unit of
measure of the stock
item

Press Y or Enter
to accept
How To Display & Alter A Stock Item?
DISPLAY: ALTER:
Go to gateway of Go to gateway of
tally > inventory info tally > inventory info
> units of measure > > units of measure >
display alter
Short key- IUD Short key- IUA

Then choose the unit Then choose the unit

that you want to see that you want to alter
THIRD STEP:

ACCOUNTING
VOUCHERS IN
TALLY.ERP9
How To Record Entries In Tally.ERP9?

Press ‘V’ Identify the

for type of
accounting transaction
vouchers in which
entry has to
be made.

Record the entry

Enter the
Type here.
amount of
narration transaction
Short Keys For Accounting Vouchers
Short Functions Short Functions
Keys Keys
F4 Contra Ctrl + F10 Memos
F5 Payment Alt + V Vat Payment
F6 Receipt Ctrl + T Post-Dated
F7 Journal Ctrl + L Optional
F8 Sales F11 Features
Ctrl + F8 Credit Note F12 Configure
F9 Purchase Alt + F4 Purchase Order
Ctrl + F9 Debit Note Alt + F5 Sales Order
F10 Rev. Journal Alt + R Copy previous
narration
FOURTH STEP:

ACCOUNTING
REPORTS IN
TALLY.ERP9
How To View Reports In Tally.ERP9?
Go to Gateway Of Tally.
Then in Reports section select
the report that you want to
generate.

Press ‘B’ for balance sheet

Press ‘P’ for Profit & Loss A/C
Press ‘S’ for Stock Summary
Press ‘R’ for Ratio Analysis
FIFTH STEP:

BACKUP &
RESTORE IN
TALLY.ERP9
How To Take Backup In Tally.ERP9?
Go to Gateway of Tally > Company Info

Choose the
folder from
where
backup is to
be taken
Press Choose the
‘B’ to folder where Choose the
backup is to company
take
be stored whose
backu backup is to
p be taken.
How To Restore Backup In Tally.ERP9?
Go to Gateway of Tally > Company Info

Press
‘R’ to
take
restore
Select the
company that
you want to
restore.
SIXTH STEP:

OTHER
FEATURES
IN TALLY.ERP9
How To Enable Features In Tally.ERP9?
Press F11 to open the features screen.

Press
 F1 – Accounts
 F2 – Inventory
 F3 – Statutory
 F4 – Tally.net
 F5 – Audit
 F6 – Add-ons
SEVENTH STEP:

IMPORT &
EXPORT OF
DATA
IN TALLY.ERP9
How To Import Data In Tally.ERP9?

Choose what
you want to
Press
import
‘O’ to Masters or
import vouchers
data

Select the file from where data is to be imported.

How To Export Data In Tally.ERP9?
Press Alt + E to export specific data.

Choose the
format in which
the file has to be
exported.

Choose the
location where
file has to be
exported.
THANK
YOU!!