Tally• It is an Accounting Software.• There are many types of version in the

market.– Tally 7.2– Tally 9.0– Tally 9.1– Tally 9.2– Tally ERP 9

Terms of Accounts• Transactions• Entry• Capital• Fixed Assets• Current Assets• Debtors• Creditors• Drawing[ Withdraw

by Owner ]

• Trade Discount• Cash Discount• Trading Account• Profit Loss Account• Balance Sheet

Types of Account1. Personal Account

• Debit the receiver• Credit the giver

2. Real Account• Debit What comes in• Credit what goes out

3. Nominal Account• Debit expenses and loss• Credit income and profit

Personal A/c• Creditors• Debtors

– e.g.• Take the loan from bajaj finance and take

the rs to mr. Anand rs 10000Debit Credit

– DR Anand 10,000– CR bajaj fiance 10,000

Real Account• Assets• Good

– e.g.• Cash deposited into bank of baroda rs-2500

Debit CreditDr BOB 2500Cr Cash 2500

Nominal A/c• Income – received commission etc.• Expenses – rent, electric bill etc.

– e.g.• Paid Electric bill Rs-1500, received commission rs-100

– ExpensesDebit CreditDr Electric Bill 1500Cr cash 1500

– IncomeDr Cash 100Cr Commission 100

Click in Tally-9

Click Here

Create Folder in D:\Admin

Your Company Name

Your Company Nick Name

Company Address

Country Name

Create Password

Financial Year

Chose Your Account

Design By:-Rahul SolankiSachin Vishwakarma