What is Tally?
• Tally is an ERP accounting software package used for recording day to day business data of a company.
• Tally.ERP 9 is one best accounting software that can integrated with other business
applications such as Sales, finance, Purchasing, Payroll, Inventory, etc.
• The latest version of Tally is Tally.ERP 9 and released in 2009.
How to Create Company in Tally?
Gateway of Tally > Company Info > Create company
• Step 1: After login to Tally, double click on the option create company under company information.
• Step 2: The company creation window displays on the screen
Note: Use the enter key or Tab key or Arrow key or Mouse to navigation between the fields in Tally.
How to Alter Company in Tally?
Gateway of Tally > Press Alt+F3 > Alter
How to Delete Company in Tally?
Gateway of Tally > Press Alt+F3 > Alter > Alt+D
What is Group?
• Group is a collection of ledgers of the same nature.
• In the business, different expenses like electric bills, telephone bill, conveyance etc.
• There are already 28 Groups in Tally.
• Fifteen Groups are Primary Groups and
• Thirteen are Sub Groups or secondary.
• By default, Tally. ERP 9 provides a list of groups called pre-defined groups.
• Primary Group in Tally is main group
• Among 15 primary groups, 9 groups are balance sheets items and
• 6 groups are profit and loss a/c items.
Sub groups are part of primary group
Type of Group
• Group in tally means different types of ledger creation under group like
• expenses, sales, purchases, fixed assets, current assets, working capital, prepaid expenses, revenues, sundry creditors, sundry debtors etc.
• In Tally.ERP 9 to create two types of group
• Single group
• Multiple group
Define step to create Group in Tally
• Step 1: Go to Gateway of Tally and click on accounts Info
• Step 2: Under Accounts info, choose the option Groups.
• Step 3: Under Single Group menu, choose the option create to create single group in Tally ERP 9
• Step 4: On Group creation screen, update the following details.
Name: Enter the name of group and press enter to continue
Under: Choose the group name from list of groups as any type (You can move to group name pressing upper or lower key).
• Step 5: After entering the required details, press enter or Ctrl+A / A: Accept to save the details.
Note: After creation of new group in Tally, created group displays under the list of groups.
How to Display Group in Tally?
• Step 1: Goto Gateway of Tally -> Accounts Info –> Groups.
• Step 2: Under single group, click on display option.
• Step 3: Under list of groups names, choose the required group name and click on that particular group to display on the screen.
How to Alter Group in Tally?
• Step 1: Goto Gateway of Tally -> Accounts Info –> Groups.
• Step 2: Under single group, click on alter option.
• Step 3: You can search the group from the given search field and click on that group name to modify the details.
• Step 4: On Group Alteration screen, update the required details and click A: Accept to save the details.
How to Delete Group in Tally?
• On Group Alteration screen, and click Alt +D from keyboard: Accept to yes.
What is Ledger?
• The ledger is a master record of all the accounts of a business
• It is Separate accounts are maintained based on their nature
• We can create the ledger accounts as per requirements of an organization.
Types of Ledger
• Tally.ERP 9 automatically creates two types of ledger accounts
• Cash in Hand
• Profit & Loss Account
• We can not create another profit & loss account in tally
• we can create any number of cash accounts with different names (Petty Cash).
How to create ledger account in Tally?
• There is a total of two major ways to create a ledger in Tally.
• One way is to create a Single Ledger
• Another way is to create it with Multiple Ledgers
• To create ledger from voucher screen by pressing ALT + C
• Gateway of Tally –> Accounts Info –> Ledgers –>Single Ledger –> Choose Create
Step to create ledger account in Tally
• Step 1: From Gateway of Tally Screen, click on accounts info
• Step 2: In the next screen, choose “Ledger”
• Step 3: In the next ledger screen, choose the option create under single ledger
• Step 4: On ledger creation screen, add the following details
Name: Enter the name of ledger account, and the name should be unique.
Under: Choose the group name from list of group, that pertains to ledger account.
• Step 5: After maintaining all the required details, choose Yes option under Accept to save the details in Tally.ERP 9.
How to display single ledger in Tally?
• Step 1: Gateway of Tally –> Accounts Info –> Ledgers –> Single Ledger –> Choose Display
• Step 2: Choose the ledger account from list of ledgers
Select or type ledger you want to open in tally.ERP 9
How to Alter single ledger in Tally?
Gateway of Tally –> Accounts Info –> Ledgers –> Single Ledger –> Choose Alter
Step of create Multiple ledger in Tally
• The process is almost the same as the single ledger method.
• Only one step is different.
• Step 1: From Gateway of Tally, go to Accounts Info.
• Step 2: Go to Ledger
• Step 3: Under Multiple ledgers, Select the option Create
• Step 4: Fill the particulars in the Ledger Creation Screen
• Step 5: Under Group: Bangalore Debtors screen, update the following details.
• Successfully we have created multiple ledgers in Tally.
Multiple ledger Example
• This option is similar to the under the Single Ledger Method.
For example,
• Furniture A/c, Electrical and Fittings will be under Fixed Assets group
• Investment in shares, Investment in Fixed deposit account under Investment group etc.
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