1. Following Steps are to be followed to enter the transactions in Tally ERP9, 

1. To Create Company: 

Company Info > Create Company

ype the Name as Devi and keep all other fields as they are and choose. “Yes” to accept.

2. To maintain accounts only: 

Gateway of Tally > Fll Accounting Features > General > Maintain Accounts only: Yes > Accept Yes

3. To Create Ledger Accounts:

Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Create 

(i) To Create Devi’s Capital A/c Name: Devi’s Capital A/c Under: Capital Account Accept: Yes 

(ii) To Create Indian Bank A/c Name: Indian Bank A/c Under: Bank Accounts Accept: Yes

(iii) To Create Furniture A/c Name: Furniture A/c Under: Fixed Assets Accept: Yes

(iv) To Create Purchases A/c Name: Purchases A/c Under: Purchase Accept: Yes 

(v) To Create Sumathy A/c Name: Sumathy A/c Under: Sundry Creditors Accept: Yes

(vi) To Create Sales A/c Name: Sales A/c Under: Sales Account Accept: Yes

(vii) To Create Aran A/c Name: Aran A/c Under: Debtors A/c Accept: Yes 

(viii) To Create Salaries A/c Name: Salaries A/c Under: Indirect Expenses Accept: Yes 

(ix) To Create Carriage A/c Name: Carriage A/c Under: Direct Expenses Accept: Yes

(x) To Create Computer A/c Name: Computer A/c Under: Assets A/c Accept: Yes 

(xi) To Create Muthu Ltd A/c Name: Muthu Ltd A/c Under: Sundry Creditors Accept: Yes

4. To enter transactions through vouchers Gateway of Tally > Transaction > Accounting vouchers 

(i) Devi commenced a business with a capital of Rs.4,00,000 

F6: Receipt Voucher Accounts: Cash Particulars: Devi’s Capital A/c (Choose from List of Ledger Accounts) 

Enter the Amount of Capital of Rs. 4,00,000 

Narration: Capital introduced. Accept: Yes

(ii) An Account was opened with Indian Bank and deposited Rs. 60,000 

F4: Contra Voucher Accounts: Indian Bank

Particulars: Cash Amount: Rs. 30,000 

Narration: Opened Bank Account in Indian Bank Accept: Yes

(iii) Purchased furniture by paying cash Rs. 15,000 

F5: Payment Voucher Account: Cash 

Particulars: Furniture A/c Amount: Rs. 15,000 

Narration: Furniture bought by cash Accept: Yes

(iv) Goods purchased on credit from Sumathy for Rs. 50,000 

F9: Purchase Voucher Party’ A/c, Name: Sumathy A/c 

Particulars: Purchase A/c Amount: Rs. 50,000 

Narration: Goods purchased on credit from Sumathy Accept: Yes

(v) Cash Sales made forRs. 10,000 

F8: Sales Voucher Account: Cash

Particulars: Sales A/c Amount: Rs. 10,000 

Narration: Cash Sales made Accept: Yes

(vi) Goods purchased from Raja Rs. 5,000 and paid by Cheque 

F9: Purchase Voucher Account: Bank 

Particulars: Purchase A/c Amount: Rs. 5,000 

Narration: (Bank) Purchase by cheque

(vii) Goods sold to Arun on credit for Rs. 70,000 

F8: Sales Voucher Party A/c Name: Arun A/c Amount: Rs. 70,000 

Narration: Goods sold on credit to Arun Accept: Yes 

(viii) Money withdrawn from bank for office use Rs. 25,000 

F4: Contra Voucher Account: Cash 

Particulars: Indian Bank Amount: Rs. 25,000

Narration: Cash withdrawn from bank Accept: Yes

(ix) Part Payment of Rs. 30,000 to Sumathy by Cheque

F5: Payment Voucher Account: Indian Bank 

Particulars: Sumathy A/c Amount: Rs. 30,000 

Narration: Payment made to Sumathy by Cheque Accept: Yes

(x) Salaries paid to staff through ECS Rs. 36,000 

F5: Payment Voucher Account: Indian Bank 

Particulars: Salaries A/c Amount: Rs. 36,000 

Narration: Salaries paid through ECS Accept: Yes

(xi) Carriage of Rs. 6,000 paid by cash 

F5: Payment Voucher Account: Cash 

Particulars: Carriage A/c Amount: Rs. 6,000 

Narration: Carriage paid by Cash Accept: Yes

(xii) Purchase computer from Muthu Ltd. on credit Rs. 44,000 

F7: Journal Voucher Particulars: Computer Amount Rs. 44,000 To Muthu Ltd Amount: Rs. 44,000

Narration: Computer bought on credit from Muthu Ltd. Accept: Yes

5. To view reports:

(i) To view Trial Balance 

Gateway of Tally > Reports > Display > Trial Balance > Alt FI (detailed)

(ii) To view Profit and Loss Account 

F10: A/c Reports > Profit and Loss A/c > Alt FI (detailed) (or) 

Gateway of Tally > Reports > Profit and Loss A/c Alt FI (detailed)

(iii) To view Balance Sheet 

F10: A/c Reports > Balance Sheet > Alt FI (detailed) (or) 

Gateway of Tally > Reports > Balance Sheet > Alt FI (detailed)

(iv) To view Ratio Analysis 

F10: A/c Reports > Ratio Analysis (or) 

Gateway of Tally > Reports > Ratio Analysis 

(v) To view Day Book 

F10: A/c Reports > Day Book> Alt FI (detailed) (or) 

Gateway of Tally > Reports > Display > Day Book > Alt FI (detailed)