Backup:- Tally has a flexible backup mechanism where is you can take a backup of the data from virtually any storage medium into any other medium. The more commonly used media are floppy drive, hard disk drive, zip drive, tape drive, etc. installed either locally or on a network. In the backup screen, the source of the backup and the destination of where it has to be stored have to be given and Tally will do as required. Backup Precautions:- Data on a computer is vulnerable to all types of difficulties. Considering the same, it is important that we do not overlook the importance of regular bac ..read more

 Use Tally Audit Feature- Tally Audit provides the capability to the administrator/auditor to track changes in the accounts following his previous review. Changes of two areas are important - changes in transactions or vouchers and changes in ledger masters. Only material changes are considered, i.e. a changes in the narration does not affect the integrity of a transaction, hence it would not be considered as changed. Any other change in a voucher is material and would be logged. The name of a ledger account if changed, it is material, hence it would be tracked. So also a change in the op ..read more

User And Passwords: To create different users who belong to one or more different Security Levels or Types of Security. Go to Gateway of Tally, select F3: Com Info-> Security Control -> Users and Passwords The list of users for Company screen is displayed. A brief description of all the fields in the List of Users for Company name is displayed here automatically. A) Name: The selected company name is displayed here automatically. B) Name of Users: Enter the name of the users. C) Password ( if any): Enter the password if required. D) Security Level: Select the security level from the ..read more

Security Control: In an ideal company scenario, there will be more than one person working on Tally. In such a case, not every person needs to be given the full access. The head of the Departments/Administrator should be able to create different users and assign their rights to them. Tally has a very customizable security system. You can set up Security Levels and users who are placed at these levels. The authority levels or Types of Security decides the rights of the users while using Tally. Tally has two default Security Levels. One is Owner and the other data entry. Owner has full access a ..read more

Voucher Classes: Voucher Classes are available for all major voucher types and the Cost Centres can be allocated if classes are used. Automation of cost centre allocation has met the need of 'percentage' allocation' based on predefined figures. Voucher Classes For Payment, Receipt And Contra Vouchers: The primary intention of using classes for payment, receipt and contra  vouchers is to enable data input in 'single entry' or list mode rather than in Tally's traditional double entry mode. You can also use it to have a separate form for each cash and bank account. Let us take an example o ..read more

Creating A Voucher Type: Go to Gateway of Tally-> Account Info.-> Voucher Type-> Create Note: A new voucher type must assume the functions of a predefined voucher type The Voucher Type creation screen is divided into three sections depending on the various settings. A) Name: Give the name of the voucher type, e.g., Sales Invoice. B) General: Type Of Voucher: The type of voucher should be any one of the predefined voucher types (already listed in introduction). The new voucher type would inherit the properties of this predefined voucher type. It would function exactly like the pred ..read more

Credit Notes: If you set Yes to the option Use Debit/Credit Notes F11: Features, You can select this voucher upon clicking either F7: Journal or F8: Sales Buttons. Basically Credit Note is entered to credit Party Account. Normally Credit Note is issued when a Buyer returns some goods that was sold to him (Sales Returns) or when you grant him credit due to rate difference or discount/rebate or due to some other reason you wish to credit Party Account. Voucher Rules: Normally, a credit Note entry may be as under: Particular           &nb ..read more

Purchase Voucher: All purchase transactions are entered in Purchase Voucher ( Including Cash Purchase) Cash purchase entry would automatically appear both in Purchase register and in Cash (or Bank) Book. Press F9 at the Voucher Entry screen to enter Purchase Voucher. Voucher Rules All Purchase are entered in purchase voucher. A simple purchase entry can be as under: Particular                   Debit                 Credit Cr Party A/c                  ..read more

Cheque Printing: You can print Cheque of Banks for which you have configured Printing under F11. Features as explained in Session 1. When you enter a Voucher crediting the Bank, you get additional prompts (above narration) to enter Name on Cheque ( by default name of the Ledger is shown which you can over type). Name On Cheque: Printing & Stationery Charges Cross Cheque Using? A/c Payee At the Cross Cheque Using prompt. Tally by default proposes A/c Payee, If you do not wish to cross, erase the text.  Press ATL+P, Printing dialogue would appear asking you to print the Payment Vouc ..read more

Contra Voucher: Contra Voucher is for entering Fund Transfer where net inflow and outflow are equal i.e. net effect is Zero. You can enter transaction between Cash and Bank Accounts only. Example: Following transactions should be entered in Contra Voucher: 1. Cash deposited into Bank: cash Outflow, equal inflow at Bank Account  2. Cash withdraw from Bank: Outflow Bank Account, equal Cash Inflow.  3. Cheque of one Bank deposited to another Bank: Outflow from one Bank Account, equal Inflow to another Bank Account. 4. Cash given to/received back from Petty Cash: Outflow from one Cash Ac ..read more