Tally Interview Questions & Answers: Top 10
Every candidate has preferences when it comes to the type of job they want to do. Many job seekers are interested in Tally for their part-time jobs or full-tile jobs, which will necessitate studying for the Tally Question Answer 2021 exam. To help you prepare, we've put together a list of the top 50 tally questions and answers.
Tally Interview Questions & Answers Basic Tally Interview Questions & Answers:
1. What exactly do you mean when you say Tally?
Tally is a computer programme that is widely used in the accounting field. It also aids in the preparation of balance sheets, tax filings, profit/loss statements, money flow statements, and GST calculations, among other things.
2. Are there any accounting-related features in Tally ERP9?
It has a number of advantages, including:
Managing Profit Centers for Better Ledger Maintenance
Controlling the budget
Outstanding leadership for improved financial management
All dealers' invoices are sent out at the same time.
Other functions include check printing, among others.
3. What are the different types of ledgers that Tally ERP9 allows you to create?
You can make the following types of ledgers:
Putting together a tax ledger
Developing a current liabilities list
establishing a bank account
Putting together a sales ledger
Creating a Ledger for Income
Putting together a party ledger
4. How can I create a group in Tally ERP9?
A collection of ledgers of the same sort is referred to as a group. Expenses such as phone bills, transportation, and utility bills, among others, are frequently grouped in the workplace. These expenses are utilized to shape a ledger that will be used while accounting vouchers are entered.
5. What exactly do you mean when you say "reverse journal entries"?
Reversing journal entries are entries made at the beginning of an accounting period to reverse adjusting journal entries made at the end of the previous accounting period.
6. What are the options in Tally ERP9's Accounts Books menu?
The following items are on the menu:
Register of Journals
Register for Purchases
Register of Sales
Cash Register
Book of Banks
Accountant's Ledger
Summary of the Group
7. Which equity includes deferred taxation?
A portion of the owner's equity is subject to deferred taxation.
8. What are the things that fall under the category of intangible assets?
The following are some of the items:
Names of Companies
Patents are a type of intellectual property.
Copyright protection
Trademarks are a type of intellectual property.
Domain Names, and so forth.
9. What is the definition of trial balance in accounting?
An accounting report that records the credits in each of an organization's global ledger accounts is known as a trial balance. It's done at the end of journal entry posting to make sure there aren't any bugs.
10. On the balance sheet, where do accruals appear?
Accrued expenses are typically quite short-term. As a result, you'd look for them in the balance sheet's "current liabilities" area.
These are some few interview questions which may ask from you if you are looking online data entry jobs like tally, typing etc.
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