1. Following Steps are to be followed to enter the transactions in Tally ERP9,
1. To Create Company:
Company Info > Create Company
ype the Name as Devi and keep all other fields as they are and choose. “Yes” to accept.
2. To maintain accounts only:
Gateway of Tally > Fll Accounting Features > General > Maintain Accounts only: Yes > Accept Yes
3. To Create Ledger Accounts:
Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Create
(i) To Create Devi’s Capital A/c Name: Devi’s Capital A/c Under: Capital Account Accept: Yes
(ii) To Create Indian Bank A/c Name: Indian Bank A/c Under: Bank Accounts Accept: Yes
(iii) To Create Furniture A/c Name: Furniture A/c Under: Fixed Assets Accept: Yes
(iv) To Create Purchases A/c Name: Purchases A/c Under: Purchase Accept: Yes
(v) To Create Sumathy A/c Name: Sumathy A/c Under: Sundry Creditors Accept: Yes
(vi) To Create Sales A/c Name: Sales A/c Under: Sales Account Accept: Yes
(vii) To Create Aran A/c Name: Aran A/c Under: Debtors A/c Accept: Yes
(viii) To Create Salaries A/c Name: Salaries A/c Under: Indirect Expenses Accept: Yes
(ix) To Create Carriage A/c Name: Carriage A/c Under: Direct Expenses Accept: Yes
(x) To Create Computer A/c Name: Computer A/c Under: Assets A/c Accept: Yes
(xi) To Create Muthu Ltd A/c Name: Muthu Ltd A/c Under: Sundry Creditors Accept: Yes
4. To enter transactions through vouchers Gateway of Tally > Transaction > Accounting vouchers
(i) Devi commenced a business with a capital of Rs.4,00,000
F6: Receipt Voucher Accounts: Cash Particulars: Devi’s Capital A/c (Choose from List of Ledger Accounts)
Enter the Amount of Capital of Rs. 4,00,000
Narration: Capital introduced. Accept: Yes
(ii) An Account was opened with Indian Bank and deposited Rs. 60,000
F4: Contra Voucher Accounts: Indian Bank
Particulars: Cash Amount: Rs. 30,000
Narration: Opened Bank Account in Indian Bank Accept: Yes
(iii) Purchased furniture by paying cash Rs. 15,000
F5: Payment Voucher Account: Cash
Particulars: Furniture A/c Amount: Rs. 15,000
Narration: Furniture bought by cash Accept: Yes
(iv) Goods purchased on credit from Sumathy for Rs. 50,000
F9: Purchase Voucher Party’ A/c, Name: Sumathy A/c
Particulars: Purchase A/c Amount: Rs. 50,000
Narration: Goods purchased on credit from Sumathy Accept: Yes
(v) Cash Sales made forRs. 10,000
F8: Sales Voucher Account: Cash
Particulars: Sales A/c Amount: Rs. 10,000
Narration: Cash Sales made Accept: Yes
(vi) Goods purchased from Raja Rs. 5,000 and paid by Cheque
F9: Purchase Voucher Account: Bank
Particulars: Purchase A/c Amount: Rs. 5,000
Narration: (Bank) Purchase by cheque
(vii) Goods sold to Arun on credit for Rs. 70,000
F8: Sales Voucher Party A/c Name: Arun A/c Amount: Rs. 70,000
Narration: Goods sold on credit to Arun Accept: Yes
(viii) Money withdrawn from bank for office use Rs. 25,000
F4: Contra Voucher Account: Cash
Particulars: Indian Bank Amount: Rs. 25,000
Narration: Cash withdrawn from bank Accept: Yes
(ix) Part Payment of Rs. 30,000 to Sumathy by Cheque
F5: Payment Voucher Account: Indian Bank
Particulars: Sumathy A/c Amount: Rs. 30,000
Narration: Payment made to Sumathy by Cheque Accept: Yes
(x) Salaries paid to staff through ECS Rs. 36,000
F5: Payment Voucher Account: Indian Bank
Particulars: Salaries A/c Amount: Rs. 36,000
Narration: Salaries paid through ECS Accept: Yes
(xi) Carriage of Rs. 6,000 paid by cash
F5: Payment Voucher Account: Cash
Particulars: Carriage A/c Amount: Rs. 6,000
Narration: Carriage paid by Cash Accept: Yes
(xii) Purchase computer from Muthu Ltd. on credit Rs. 44,000
F7: Journal Voucher Particulars: Computer Amount Rs. 44,000 To Muthu Ltd Amount: Rs. 44,000
Narration: Computer bought on credit from Muthu Ltd. Accept: Yes
5. To view reports:
(i) To view Trial Balance
Gateway of Tally > Reports > Display > Trial Balance > Alt FI (detailed)
(ii) To view Profit and Loss Account
F10: A/c Reports > Profit and Loss A/c > Alt FI (detailed) (or)
Gateway of Tally > Reports > Profit and Loss A/c Alt FI (detailed)
(iii) To view Balance Sheet
F10: A/c Reports > Balance Sheet > Alt FI (detailed) (or)
Gateway of Tally > Reports > Balance Sheet > Alt FI (detailed)
(iv) To view Ratio Analysis
F10: A/c Reports > Ratio Analysis (or)
Gateway of Tally > Reports > Ratio Analysis
(v) To view Day Book
F10: A/c Reports > Day Book> Alt FI (detailed) (or)
Gateway of Tally > Reports > Display > Day Book > Alt FI (detailed)
