Question 1
Party account can be created through
Question 2
For Export of Data from Company to Company Tally uses
Question 3
We can change the Company Information from
Question 4
Manufacturing journal creates based on
Question 5
Transfer from Main Cash to petty Cash you require to pass _____ voucher.
Question 6
To show the cheque number while reconciling Bank Accounts press
Question 7
To activate Job Costing which options require to be activated ?
Question 8
Service Tax Report can be seen from
Question 9
Retained Earnings is an alias of
Question 10
Data Folder of a Company consists of
Question 11
Which option is used to view list of Primary and Secondary groups in Tally ?
Question 12
_____ is the shortcut to Attendance from Payroll Vouchers in Tally.
Question 13
Which shortcut key(s) are used to display list of inventory reports within balance sheet ?
Question 14
Which group [Under] is selected in Input VAT or Output VAT ?
Question 15
Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation in Tally ?
Question 16
To see the report of unconventional vouchers go to
Question 17
_____ is the shortcut to change the accounting period from Gateway of Tally.
Question 18
Double Entry System was introduced in
Question 19
Which option is used to copy company’s data into pen drive or cd ?
Question 20
How many groups are pre-defined in Tally ?
Question 21
In general the Financial year from shall be from
Question 22
To change Current Date from Gateway of Tally press the key
Question 23
_____ is the shortcut for purchase voucher in Tally.
Question 24
The tax collected by the seller from the buyer is generally called
Question 25
“Allow components list details (Bill Materials)” option is activated for
Question 26
TDS is applied on which of the following incomes ?
Question 27
_____ is the shortcut to post dated voucher from Accounting vouchers in Tally.
Question 28
What percent of Additional Tax is applied if VAT in 12.5% ?
Question 29
Which shortcut key is used to set No in ‘Use Common Ledger A/c for Item Allocation ?’
Question 30
To change the date, shortcut used
Question 31
How to activate the tally audit feature in a company ?
Question 32
Which shortcut key is used to shut opened company in Tally ?
Question 33
Bad loans in banking terminology are generally known as
Question 34
The tax collected by the employer towards income of an employee is called
Question 35
_____ is the shortcut to payroll as Voucher from Payroll Vouchers in Tally.
Question 36
“Alias” represents
Question 37
_____ is a record of all monetary transactions.
Question 38
Stock maintained for production purpose is called
Question 39
How many type of companies can be created in Tally ?
Question 40
What is the advantage of a computer-based transaction processing system ?
Question 41
Where do we record credit purchase of furniture in Tally ?
Question 42
Which option is used to enable VAT, TDS, and Service Tax etc. in Tally ?
Question 43
What is the TDS exemption limit for contractor and sub-contractor ?
Question 44
To create Scenario which option requires to be activated ?
Question 45
In taxation, VAT stands for
Question 46
_____ is the shortcut to vouchers as invoice from Accounting Vouchers in Tally.
Question 47
To save entry without any amount, we have to use
Question 48
_____ considers incoming money to be instantly available and reduction of cash to occur only on the date of actual outflow of money (instead of the date of transaction).
Question 49
Which ledger is created by Tally automatically as soon as we create a new company ?
Question 50
In which voucher type, amount of VAT or TDS payable to the government will be noted ?
Question 51
To change Current Date from Gateway of Tally press the key
Question 52
To get Payroll Reports choose
Question 53
What is the predefined number of groups in tally ?
Question 54
How many types of users are present in tally ?
Question 55
_____ is the shortcut to create payment voucher in Tally.
Question 56
Which shortcut key is used to change current period in Tally ?
Question 57
Which shortcut key is used to view Report with all details in Tally ?
Question 58
VAT Structure is beneficial for whom ?
Question 59
A Debit note is a statement sent to the _____ by the _____
Question 60
_____ is the shortcut for sales order in Tally.
Question 61
In taxation, TCS stands for
Question 62
_____ is the shortcut to rejection in from inventory Vouchers in Tally.
Question 63
Can we allow Expenses/Fixed Assets in Purchase vouchers ?
Question 64
_____ is the shortcut to reversing journal from Accounting Vouchers in Tally.
Question 65
_____ denotes reduction in money or increase in liability.
Question 66
Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally ?
Question 67
Which menu is used to create new ledgers, groups and voucher types in Tally ?
Question 68
Which shortcut key is used in ‘Company Features’ screen to use Inventory Features in Tally ?
Question 69
_____ is the shortcut to configure a company in Tally.
Question 70
Which option is used in Tally to close opened Company ?
Question 71
Enter Question Here.... How many voucher types are provided in Tally to record transactions ?
Question 72
Where do we record all type of adjustment entry in Tally ?
Question 73
By which option Purchase or Sales register can be viewed ?
Question 74
In which voucher type credit sales is recorded in Tally ?
Question 75
Which shortcut key is pressed for voucher entry or deleting a ledger ?
Question 76
Which shortcut key is used to enable Tax Deducted at Source [TDS] ?
Question 77
Which reports are prepared monthly in Tally ?
Question 78
To see reports of Job Work Analysis
Question 79
Which shortcut key(s) are used to enter a stock journal in tally ?
Question 80
A ‘credit note’ is sent by _____ to _____
Question 81
_____ denotes movable or immovable property and inventory.
Question 82
In taxation, FBT stands for
Question 83
_____ is the shortcut to set date in Tally.
Question 84
_____ is the shortcut to create receipt voucher in Tally.
Question 85
Which submenu is used to create new ledgers, groups and voucher types in Tally ?
Question 86
Which shortcut key is pressed to display Part No. for automobile industries ?
Question 87
Financial year normally ends no ?
Question 88
In taxation, TDS stands for
Question 89
Which option is true for viewing Profit & Loss A/C in Gateway of Tally ?
Question 90
Default ledger accounts in tally are
Question 91
_____ is the shortcut to receipt note from Inventory Vouchers in Tally.
Question 92
_____ denotes increase in money.
Question 93
_____ is the shortcut for sales voucher in Tally.
Question 94
Which option is used to place data taken in pen drive or CD to Appropriate place in Tally ?
Question 95
Which shortcut key is used to take print of VAT or TDS reports ?
Question 96
To activate MRP feature from Gateway of Tally initially we need to press
Question 97
Which option lists inventory valuation method in tally ?
Question 98
_____ is the shortcut to company info from Gateway of Tally.
Question 99
With how many types ledger, group and voucher types can be created in Tally ?
Question 100
Which option is used to view Trial Balance from Gateway of Tally ?