- Q: What is Tally Prime?
A: Tally Prime is a business accounting software application used for tasks like bookkeeping, accounting reports, inventory management, invoicing, and more.
- Q: What are the benefits of using Tally Prime over Tally ERP 9?
A: Tally Prime offers improved features like a more user-friendly interface, faster performance, enhanced data security, and multi-tasking capabilities compared to Tally ERP 9.
- Q: How do I create a new company in Tally Prime?
A: Go to the Gateway of Tally > Create > Account & Inventory > Ledger or press Alt+G > Create Master > Ledger. Fill in the company details and create the ledger.
- Q: What are the different types of vouchers in Tally Prime?
A: Common voucher types include Sales Voucher (F5) for recording sales, Purchase Voucher (F6) for recording purchases, Payment Voucher (F5) for recording payments, and Receipt Voucher (F6) for recording receipts.
- Q: How do I create a Sales Invoice in Tally Prime?
A: Go to Gateway of Tally > Vouchers > Create > Sales > press F2. Select the customer, items sold, and generate the invoice.
- Q: How can I generate a Profit and Loss report in Tally Prime?
A: Go to Gateway of Tally > Accounts > Reports > Profit & Loss. Select the accounting period and generate the report.
- Q: What is GST and how can I configure it in Tally Prime?
A: Goods and Services Tax (GST) is a tax levied on goods and services. You can activate GST during company creation or go to Gateway of Tally > Accounts > GST > Configure GST.
- Q: How do I create a new user in Tally Prime?
A: Go to Gateway of Tally > Security Control > Create User. Define user login details and access rights.
- Q: What are some keyboard shortcuts for faster data entry in Tally Prime?
A: Common shortcuts include Alt+C for Contra Voucher, F5 for Sales Voucher, F6 for Purchase Voucher, F11 for ledger accounts, and F12 for configuration options.
- Q: Where can I find resources to learn more about Tally Prime?
A: You can access the official Tally website for learning resources, documentation, and tutorials. Additionally, many online courses and tutorials are available for Tally Prime.