1.

Explain any six features of Tally 9.0 software. 

Answer»

Features of Tally 9.0 software are

(i) Gateway - Gateway is the starting of Tally. In other words we can say that gateway is the gate to enter in Tally. 

(ii) Company creation - Before inputting accounting transactions, first we create a company through company creation. 

(iii) Chat of accounts - Chart of accounts is the segmentation of Liabilities and Assets of Balance Sheet and preparation of Profit and Loss account. 

(iv) Account master - Account master basically used for account group and ledger. 

(v) Voucher entry - After creation of account user inputs accounting voucher entry in the book of accounts. In computerized accounting system all entries are inputted through a voucher entry. 

(vi) Trial Balance - Trial balance is the statement of different closing balances of ledger. 

(vii) Balance Sheet - The balance sheet is constructed by simply posting all items of liabilities and assets for the finalization of journal entry. 



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