Tally ERP in Business Management : Practice MCQ Questions & Answers with Explanations

Which option is used to enable VAT, TDS, and Service Tax etc. in Tally?

Which shortcut key is used in Company Features Screen to use Statutory & Taxation inTally?

Which shortcut key is used in Company Features screen to use Inventory Features in Tally?

Which shortcut key is used in Company Features screen to use Accounting Features in Tally?

In which voucher type credit sales is recorded in Tally?

In which voucher type credit purchase entry is posted in Tally?

Which shortcut key is pressed and then yes is given in Use Debit/Credit Noted to postentry in Credit Note and Debit Note in Tally?

Where do we record all type of adjustment entry in Tally?

Where do we record purchase return, sales return, depreciation, bad debts etc.in Tlly?

Where do we record credit purchase of furniture in Tally?

Where do we record cash sales in Tally?

Where do we record interest received, commission received or rent received in Tally?

Where do we record transactions of salary, rent or interest paid?

Rs.10, 000 withdrawn from State Bank. In which voucher type this transaction will berecorded?

Which voucher type is used to transfer amount from one bank to another?

Which key is pressed to post entries in double entry accounting system instead of single entry system in Tally.ERP9?

How many voucher types are provided in Tally to record transactions?

How many voucher types area readily available in Tally?

Which option is used to make changes in created Groups of Ledgers in Tally?

Which ledger is created by Tally automatically as soon as we create a new company?