TallyPrime With GST

Interview Questions

Answer: TallyPrime is an accounting software that helps businesses manage their financial transactions, inventory, and compliance requirements.
Answer: Go to Gateway of Tally > Create Company and fill in the required details.
Answer: There are various types of ledgers in TallyPrime, including sales, purchase, cash, bank, and more.
Answer: Navigate to Gateway of Tally > Accounting Vouchers > Sales Voucher, and enter the details of the sales transaction.
Answer: A voucher in TallyPrime is a document that contains the details of a financial transaction, such as sales, purchase, payment, or receipt.
Answer: The Gateway of Tally is the main screen where users can access various features and functions of TallyPrime.
Answer: Go to Gateway of Tally > Banking > Bank Reconciliation and follow the steps to reconcile the bank statement.
Answer: The Trial Balance report in TallyPrime shows the summary of all ledger balances, helping in identifying any discrepancies in the accounts.
Answer: You can manage inventory in TallyPrime by creating stock items, groups, and recording stock transactions in the respective vouchers.
Answer: TallyPrime Silver is for a single user, while TallyPrime Gold allows multiple users to access the software simultaneously.

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