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QUESTION BANK(Tally 9)



Serial No. Question

Topic:1 Overview of Tally 9

One marks Question

1 The advanced technology empowering Tally 9 allows

2 Tally 9 uses the ________ protocol for e-mail.

3 Tally 9 allows ________ Web Browsing from within Tally

4 _________Generates Challans and Form-16A Certificate

5 what is XML

6 What is SOAP

7 What is SMTP

Tally use of data integrity checks ensures that no external change to the data can pass thru

Tally.It also uses a binary encoding format of storage to prevent devious grouping of

8 information

Two marks Question

__________ facility of tally provides the user with capability to take backups ofone

1 or more companies or all companies in a single directory.

2 The advanced technology empowering Tally 9 allows



3 __________in Tally 9 needs a one-time configuration for service tax features to be activated.

Any program like ________, Oracle etc that is ODBC

4 compliant can use data from Tally

5 Tally 9 uses the ________ protocol for e-mail.

Tally works on any kind of network (i.e. NT, Novell, Peer-Peer N/W etc). The protocol needed

6 to detect to the lock ________

_________This facility helps you check printed report formats and layouts before actual

7 priting takes place

8 _________Generates Challans and Form-16A Certificate

Four marks Question

How to activate Tally Vault option?From Company Info screen, -> select Create ->

Specify Company Name and other companyrelated details -> _________ Password

and repeat the same and save screen. If the company already exiciting Load the

particular the company -> select Comp Info ________ -> select Change Tally Vault -

1 >specify New Password and save screen.

How to activate Administrator level Password?

Select ________ in Company Info screen -> specify Company Name, Company

address and othercompany related details. -> _________ -> specify administrator

2 name -> specify password and repeat password and save screen.

How to install Tally? Insert Tally Installation CD in the CD drive -> select My

Computers on the desktop ->_________ -> Run Install.exe -> specify Path (for

Program files and data directory) -> _______ ->After Installation a message

‘Installation Successful' is displayed -> Click on Ok and Tally iinstalled. The Tally is

3 installed. The tally is created on desktop

How to view a report of all Memo Vouchers -> Select Display ->Exception Reports -

> Memorandum Vouchers -> __________ (to view memo vouchers for different

4 periods, click on Date (F2)and specify the date range).









Topic:2 Basic Financial Management



One marks Question

Tally 9 is the world’s first concurrent multi-lingual business accounting and ____________

1 mangement software.

________ intergrated in tally 9 eliminates errorprone information, incorrect remittance,

2 penalties, interests, compliance issues, etc.

3 Tally follows D E S________ encryption method.

4 Easy Tally data transfer or Tally data migration from________

5 Tally data transfer or Tally data migration from ________

6 Tally 9 uses the ________ protocol for e-mail.

7 ODBC compliance alows other program to use data from tally ________

Tally provides with a cash flow statement using which the user can track the movement of

8 cash flow ie cash inflow as well as cash out flow __________ in his business.

Two marks Question

Tally works on any kind of network (i.e. NT, Novell, Peer-Peer N/W etc). The protocol needed

1 to detect to the lock ________

How to create company? To create a Company -> select ______ option (in companyinfo

2 menu) -> now, Specify Company Name and other related details

How to enter a Post dated Voucher?Select ‘Voucher Entry' in ‘Gateway of Tally' screen ->

select any voucher (e.g. Payment F5) ->

3 press ________(Post dated Vouchers) complete the transaction and save.

_________This facility helps you check printed report formats and layouts before actual

4 priting takes place

The user can also get a daily cash flow statement _____ and By selecting

________ (configuration) option the user can also activate average details and hence

5 get average cash inflow/out flow for any period.

_________ feature provides the user with administrator rights, a capability to audit for the

6 correctness of the entries made by authorized users and alter them if needed

7 Tally allows users to Import and Export in ______ formats.

How to track the movement of cash inflow & Outflow select Display -> select Cash / Funds

8 Flow -> select Cash Flow -> press ______ (for daily flow)

Four marks Question

The ___________ report provides information on all major Ratio's and also information's like

Operating Cost figures, Return on Working Capitals etc which will help the management in

1 taking critical decisions.

How to import tally data and Export tally data .Load Company -> specify period ->

minimize Tally ->________ -> select data ->_________ -> select New database

2 query -> choose Data Source

How to split Data?Load the company that is to be split. -> ____________-> select Split

Company

Data -> select Company -> specify the date from which the company as to be split and save

3 screen.

How to create companies in different directories?From Company Info screen -> select

‘Create' ->_________ specify company name and other related

4 details and save screen

Topic:3 Advanced Financial Management

One marks Question

Tally provides a wonderful tool to the user to have a control over his business

1 through the feature _________

How to Comparison of Data Using Multi-Columnar Reporting>Select any report (e.g. Balance

Sheet) -> select ‘auto column' ________ -> select any option

2 (company, yrs, month, qtrly etc) and press enter

To view Budget Reports : select any report (B/S, P/L, T/B etc) -> select new column (Alt + C) -

3 >select period -> select type of Budget -> ________ and save screen

Tally use of data integrity checks ensures that no external change to the data can pass thru

Tally.It also uses a binary encoding format of storage to prevent devious grouping of

4 information

________ is a statement, which reflects the movement in working capital as well as, Flow

5 dueto operations, movement of capital and acquisition and sale of fixed assets

How to do ratio analysis .To view reports -> select Display -> ________ -> select

6 Cost Catogories ->select any particular category.

How to view Post dated vouchers?Select Display -> select _______-- -> select Post dated

7 Vouchers.



Tally provides graphical (Bar graph)analysis of of data. The user can do a________ reports

8 like Sales register, Purchaseregister, Ledgers, Funds flow, Cash flow, Item registers etc.

Two marks Question

A Multi-user Version (Gold) of Tally can be installed on a network having any number of

1 machines (computers) working with different operating systems like ________

How to view & print all reports in any currencies. Press _______-> select currency -> specify

2 ‘Rate of Exchange')

Tally provides _______ predefined vouchers and also allows the user to define create) new

3 accounting/inventory vouchers types as per his/her needs.

How to View Reports?-> select Display (from Gateway of Tally) -> ___________ -> select

4 Stock category -> select any category

Publishing of all reports and documents from Tally 9 to a secure part of your website,

5 using________in HTML format

Tally provides a facility of viewing certain reports _________ and ledgers in daily

breakup basis

6

To enter a Memo Voucher, select ‘Voucher Entry' then press ________ (memo vouchers)

7 and complete the transaction.

How to analysis fund flow statement .Select Display -> Cash / Funds Flow -> Funds

8 Flow ->__________

Four marks Question

Tally provides a facility called Cost Categories. This facility enables the user to

allocate cost to Parallel sets of cost centre Select .A under category ‘Executives'.

Now enter a transaction, afterspecifying the amount -> _________ -> select Cost

Centre (Project A) -> next select another___________ -> select Cost Centre

1 (Salesman A) and complete the transaction

How to enter a Post dated Voucher?Select ‘Voucher Entry' in ‘Gateway of Tally' screen ->

select any voucher (e.g. Payment F5) ->

2 press ________(Post dated Vouchers) complete the transaction and save.







Topic-4 Basic inventory management

One marks Question

1 tally 9 is Best for Statutory Returns ________

2 Tally offers a data encryption option called _______



Tally provides graphical (Bar graph)analysis of of data. The user can do a________ reports

3 like Sales register, Purchaseregister, Ledgers, Funds flow, Cash flow, Item registers etc.

How to Direct Internet Access Start Tally -> now, from any screen select Web

4 Browser_________



5 _________identifies stocks based on age, thus helping you to dispose off old stocks quickly

To enter a Memo Voucher, select ‘Voucher Entry' then press ________ (memo vouchers)

6 and complete the transaction.

_______helps you exercise stock control at the level of batches, by generating reports such

7 as ‘batch-wise' reports and ‘expiry date' based details

Tally provides _______ predefined vouchers and also allows the user to define create) new

8 accounting/inventory vouchers types as per his/her needs.

Two Marks Question

_______ empowers business owners to manage their businesses smoothly. Designed

keeping in mind the needs of the Indian businessman, it has several key additions in terms of

1 functionalities.

_________ is the world!s first concurrent multi-lingual business accounting and inventory

2 Mangement



________allows for user-defined reorder levels for any given period thus helping youavoid

3 excess stocking of items while ensuring that you don't run out of essential stock



4 Stock Categories can be defined as.



5 ________dentifies stocks based on age, thus helping you to dispose off old stocks quickly.



6 _________identifies stocks based on age, thus helping you to dispose off old stocks quickly

To view Budget Reports : select any report (B/S, P/L, T/B etc) -> select new column (Alt + C) -

7 >select period -> select type of Budget -> ________ and save screen

________allows you to print, export, e-mail or publish sales invoices that are produced,

8 directly from tally

Four Marks Question

A Multi-user Version (Gold) of Tally can be installed on a network having any number of

1 machines (computers) working with different operating systems like ________

How to define Price levels? Use Select F11 (features) -> activate _________ Set / modify

other company features' -> activate ' specify names of different levels that are to be created

2 and save Screen



____________ helps you track stock, irrespective of the units of measure. For example,

3 when you buy in tons and sell in kilograms or buy in crates and sell as pieces



How to create a new Voucher Type?->_________ -> select ‘Voucher Type' -> select

‘create' option -> Now enter the Voucher name, specify the type of voucher, specify

4 the method of numbering, activate or deactivate the other functions as per needs.

Topic-5 Advanced Inventory Management

One marks Question

When user______ the option ‘Integrate Accounts with Inventory’, based on the

Closing balances entered by the user, Tally automatically displays the total of closing

1 balances of all the ledgers grouped under the group Stock-in-Hand.

_______ eliminates error-prone information, incorrect remittance, penalties, interests,

2 compliance issues, etc

________allows you to print, export, e-mail or publish sales invoices that are produced,

3 directly from tally

4 What is FBT

_______ empowers business owners to manage their businesses smoothly. Designed

keeping in mind the needs of the Indian businessman, it has several key additions in terms of

6 functionalities.





7 what is eTDS

To view Budget Reports : select any report (B/S, P/L, T/B etc) -> select new column (Alt + C) -

8 >select period -> select type of Budget -> ________ and save screen

Two Marks Question



Tally handle Materials that are purchased or sold might be returned due to damages or for

1 some other with the help of Rejection in ______ and Rejection out__________ Vouchers



2 __________in Tally 9 needs a one-time configuration for service tax features to be activated.

How to view reports on Batch details?

-> Select Stock Summary -> select ______(Config) -> activate ‘Expand all levels in detailed

format'

3 and save screen -> select detailed (Alt + F1).



4 Stock Categories can be defined as.



Tally provides ___________ for stock items which is extremely useful and is used mostly in

5 Pharmaceutical, Chemical, Food Industries and other industries dealing with perishable

How to do analysis of variance -> select Trial Balance / Group statements ->_________ (Alt

6 + B) -> select type of Budget -> accept the screen.

Tally provides for batch wise reporting.-> Select Display -> select Inventory Books -> select

Ageing analysis -> select any groups or all -

> Tally displays all stock items with their batch details,__________ -> select Expired

7 batches (Alt+B)-> Tally will di splay only those items have already past their Expiry date.

__________ - allows you to pre-define item rates for specific categories of

8 customers,enabling faster and error-free invoicing and data entry

Four Marks Question

Tally provides for batch wise reporting.-> Select Display -> select Inventory Books -> select

Ageing analysis -> select any groups or all -> Tally displays all stock items with their batch

details,__________ -> select Expired batches (Alt+B)-> Tally will di splay only those items

1 have already past their Expiry date.

How to set reorder level. Select Display ->_________-> select Reorder Status ->

select any group or all -> Tally display complete details along with closing balance,

Purchase orders pending, Sales order due, Reorder levels Shortfall and also order to

be placed -> to view only those items which have gone below reorder levels select

2 Reorder Only_________

How to get Batch wise report in tally.Select Display -> ________ -> select Ageing

analysis -> select any groups or all> Tally displays all stock items with their batch

details, Mfg date and expiry date -> select Expiredbatches_____-> Tally will di splay

3 only those items have already past their Expiry date.

How to install Tally?Insert Tally Installation CD in the CD drive -> select My Computers on the

desktop ->________ -> Run Install.exe -> specify Path (for Program files and data directory) -

> click on Install ->After Installation a message ‘Installation Successful' is displayed -> Click

4 on Ok and Tally isinstalled.

A B C





Single-User Edition (TallySilver) Multi-User Edition (TallyGold). amazingly attractive prices

SMTP FTP HTTP

Direct Access Indirect Access Random Access

Service Tax TDS VAT

Xcel Mark up Language Extensible Markup Language Extent Markup Language

Simple Object Access Protocol Simple open Access Protocol Standard object access Protocol

Simple Mail Transfer Protocol Simple move access Protocol Standard Mail access Protocol





Data Reliability Data Security Tally Audit







Restore External backup Internal Backup

Single-User Edition (TallySilver) Multi-User Edition (TallyGold). amazingly attractive prices



Excise for Traders Service Tax Fringe Benefit Tax (FBT)



MS Excel MS Word MS Power Point

SMTP FTP HTTP



FTP HTTP TCP/IP.



Print area Print preview Page Break preview

Service Tax TDS VAT









Alt 3,specify Tally Vault , specify Tally Vault , Alt 3 specify Tally Vault , Alt 5





create,Activate security

Make,Activate tally control Activate security control,create control









click on Install, select CD select CD drive,click on

click on Install, select D drive drive Install,

Select any year select any month Select any week









Inventory Financial Receivible



VAT TDS Service tax

Data Enforce standard Data Encryption Standard Data Encrypted solution

Tally 4.5 Tally 5.4 Tally 6.3

Tally 6.3 Tally 7.2 Tally 5.4

SMTP FTP HTTP

Directly Indirectly Both



Bank Cash (both cash & bank included)







FTP HTTP TCP/IP.



Create Delete Make





Ctrl + S Ctrl + T Ctrl + D



Print area Print preview Page Break preview







F12,F4 F4, F12 F5,F10



Tally Audit Tally Vault Tally Voucher

XML SDF ASCII,



F4 F5 F6









Financial analysis Comparitive Analysis Ratio Analysis





Open a new word file , Open a new Excel file , select Open a new Excel file ,

select ‘Get External Data' ‘Get External Data' select ‘Get Internal Data'

select the companies for which

have to be restored And save

screen. Select Company Info (Alt+F3) select Backup

select the companies for which

have to be restored And save

Select Alt+F3 (Comp Info) screen. specify Directory Path ->









Controling Budgeting Standard variance





(Alt + S) (Alt + N) (Alt + W)



Activate Devation Activate Variance Activate difference





Data Reliability Data Security Tally Audit



Cash flow Fund flow common size statement





Select any account select Statement of Accounts Select any ratio



Exception Report Alert Report Main Report





Diagramatic analysis Graphical analysis Tabular analysis







Win 2000 Win 95 Win 98



Alt+W Alt+C Alt+D



12 15 18

Select Statement of Bills

Select Statement of Inventory Select statement of Debtors Receiveble



FTP HTTP Secure HTTP







Only cash book (cash books / bank books) Only Pass book



F10 F6 F2





Select any week Select any year Select any month

Select Category Exectives), Select Category (Project),

Category (Project ) Category (Executives) Can't say





Ctrl + S Ctrl + T Ctrl + D









Tax Deducted at Source (TDS) Service Tax Fringe Benefit Tax (FBT)

Tally Audit Tally Vault Tally Voucher





Diagramatic analysis Graphical analysis Tabular analysis



(Alt+D) (Alt+V) (Alt+T)



Stock Ageing Invoicing Batch-related Stock Reports



F10 F6 F2

Comprehensive Order Status

Reports Sales & Purchase Orders Batch-related Stock Reports



12 15 18









Tally 9 Tallly 4.5 Tally 5.4



Tally 4.5 Tally 5.4 Tally 6.3





Reorder Quantity EOQ Lead Quantity

Automatic Classifaction of parallel classification of stock

Single clasifaction of stock items stockitems items



Stock Ageing Batch-related Stock Reports Sales & Purchase Orders



Stock Ageing Invoicing Batch-related Stock Reports



Activate Devation Activate Variance Activate difference



Stock Ageing Invoicing Batch-related Stock Reports

Win 2000 Win 95 Win 98



Use multiple price level for ‘Use multiple price levels for

voucher Invoicing Use multile price level for billing



Multiple-location Warehouse

Multi-location Stock Control Management Flexible Units of Measure









Select any vouncher Info Select ' Account select' Select ‘Accounts Info









End Start activated



Service tax VAT Sales tax



Stock Ageing Invoicing Batch-related Stock Reports

Frogery benefit tax fringe benefit tax Free benefit tax





Tally 9 Tallly 4.5 Tally 5.4

Electronic tax decutible at Electric Tax Decutible at

source Electronic tax decutible service source









(Sales Return)(for Purchase

returns) (Purchase return), (sales Return) Can't say



Excise for Traders Service Tax Fringe Benefit Tax (FBT)







F10 F12 F13

Automatic Classifaction of parallel classification of stock

Single clasifaction of stock items stockitems items



Economic Order Quantity

Facilities Batch wise facilities Reorder Level Facilities



Select standard variance Select Marginal variance Select Budget Variance

Only Expirydate Expirydate and Mfg date Mfg date and expiry date



Multiple Stock Valuation Sales & Purchase Orders Multiple Price Levels









Only Expirydate Expirydate and Mfg date Mfg date and expiry date









(Alt+D) , Select staement of (Alt + L), select Statement of (Alt + W), select Statement of

account Inventory Inventory





(Alt+B), select Inventory select Inventory Books,

Books (Alt+V),Select Inventory book (Alt+B)







SelectFdrive Select Ddrive Select Cddrive

D Answer





All of the above D

Noneof these A

Noneof these A

All of the above B

All of the above B

All of the above A

Simple Object Access Protocol A





None of these B







None of these A

All of the above D



None of these B



All of the above A

Noneof these A



SHTTP C



All of the above B

All of the above B









specify Tally Vault , Alt 9 B









None of these C









None of these B

None of these B









Noneof these A



All of the above C

None of these B

All of the above D

All of above D

Noneof these A

None of these C



None of these C







SHTTP C



Form A





Ctrl +V B



All of the above B







None of these B



All of the above A

All of above D



F7 A









Common Size statments C







None of these B

None of these B





Ctrl +V C









None of these B





All of these B



None of these B





None of these B



comparitive balance sheet B





None of these B



None of these A





None of these B







All of these D



Alt+S B



20 C



None of these A



All of the above D







None of these B



None of these A





None of these A

None of these B





Ctrl +V B









All of the above D

Noneof these B





None of these B



(Alt+W). D



Multiple Stock Valuation A



None of these A



Invoicing C



20 C









Tallly 7.2 A



Tally 9 D





Noneof these A



All of these C



Invoicing A



Multiple Stock Valuation A



None of these B



Multiple Stock Valuation B

All of these D





None of these B





Noneof these C









None of thtese C









de-activated D



None of these A



Multiple Stock Valuation B

None of these B





Tallly 7.2 A





None of these A









None of these A



None of these B









F14 B



All of these C





None of these B



None of these C

None of these C



Batch-related Stock Reports C









None of these C









select Statement of

Inventory , (Alt + L) D









None of these C







None of these C



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