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Every Tally user should aim to know Tally inside out. This allows for maximum utilization of the software and ensures high work efficiency. Tally has an amazing set of shortcuts that every user must know to excel in Tally. In this blog, we will focus on the 10 things every Tally user must know.<br>
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Top 10 Things Tally Users Must Know — Antraweb Technologies Pvt. Ltd.
Basic Navigation and Interface Understand Layout Efficient Navigation 1 2 Familiarize with Tally interface, menus, and shortcuts. Use the Search bar to quickly find reports, vouchers, and ledgers.
Company Setup Create Company 1 Enter details like name, address, financial year, and more. Configure Settings 2 Set up taxation, accounting periods, security, and base currency. Save Changes 3 Press Ctrl+A to save the new company.
Ledger Management Create Ledgers Manage Balances Group Ledgers Navigate to Create > Ledger to set up new ledgers. Ensure accurate tracking of ledger balances. Organize ledgers into groups and sub-groups.
Voucher Entry Voucher Types Accurate Entry Record transactions like sales, payments, receipts, and more. Navigate to Vouchers and use function keys to create entries.
Inventory Management Stock Items Transactions Create and manage stock items, groups, and units. Record inventory-related transactions accurately.
GST and Taxation Configure GST Set up tax ledgers and enable GST features. 1 Record Transactions Add GST details when creating voucher entries. 2 Generate Reports Access GST reports like GSTR-1, GSTR-2, and more. 3
Banking Features Bank Reconciliation Cheque Management Multiple Accounts Utilize Tally's banking features for reconciliation. Print and manage cheques directly in Tally. Manage transactions across multiple bank accounts.
Financial Reporting Balance Sheet Profit & Loss Generate and customize essential financial reports. Access commonly used reports like Trial Balance and Cash Book.
Data Security and Support Backup and Restore Troubleshooting Implement regular backups and data recovery procedures. Utilize Tally's support resources and expert assistance.
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