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What is debitor and creditor. what is accounting principales, how many types of accounting. give me example for tally problems.

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Debtor owes you money. For example, your business sold a product to Mr Smith. Let us say he has 30 days to pay the money. So Mr Smith is called a Debtor to your business.
Creditor is someone whom your business owe money. Examples would be a bank from which you borrowed money, still not yet paid off
OR another business from which you purchased something, not paid the invoice it.
You need a Basic Book keeping book (Grab one from a High School student) to learn these. Also have a look at this website to learn some accounting terminology.
http://www.nysscpa.org/glossary
You will find many others on the web.
Hope this is helpful to you. Best of luck.
luciana44

Posted on Sep 03, 2009

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How to get address list print of sundry debtors and creditors in tally 9


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any problem you may contact me at 09310947557 (Delhi)
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How to use tally for accounting


hi

what do u mena how can use tally

frist all what do u want to use in tally let me then only i can give you advice

m42153

May 30, 2010 | Tally T2250 Matrix Printer

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What is tally?how to solve problems in tally,please describe with example.


Hi friend,

Tally is account software where you can store all information sales and purchase ....you need to mention your problem ..i mean to say which type of problem are you facing in tally...

With Regards

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Tally9's features


Tally uses the latest technology to provide features in a simplified manner. It is a robust system that is easy to use.

Multilingual Business Accounting and Inventory Management Features
  • Multilingual Support: Tally can now be used concurrently in the language of your choice. Tally's interface is now available in Bahasa Melayu besides English and the Indic languages Hindi, Kannada, Bengali, Gujarati, Marathi, Tamil, Punjabi, Telugu, Malayalam and Hinglish (colloquial)

  • Payroll: Payroll in Tally enables users to set up and implement simple to complex salary structures. You can align and automate payroll processes and directly integrate them with main stream accounting applications. Tally Payroll also supports configurable formats for payslip printing; flexible salary/wage, attendance, leave and overtime registers; gratuity and expat reports

  • FBT (Fringe benefit tax): FBT in Tally is a one time, easy to enable configuration. It supports Challan management and printing for prompt and accurate filing of tax. On entering the transactions, Tally automatically calculates the FBT and generates the reports

  • VAT Composition Returns: VAT Composition Returns in Tally provides fast and error-free voucher entry with complete tracking of each transaction. It supports the printing of VAT Composition Returns of any state in which VAT has been implemented. The Composition Rate of VAT is automatically recognised based upon turnover and the tax payable is calculated automatically and shown in the Return Form

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  • Synchronization: Synchronization in Tally helps you transfer data between two or more locations (Example: When a Branch Office and the Head Office of a company reside in two different locations). Synchronization can be done, both ways (For Example: You can transfer the data from Branch Office to Head Office or vice-versa).

  • E-mail reports and documents directly from Tally

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  • Direct web browsing capability from within Tally that avoids switching between programs

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How to find tally 9 short-cut keys


Tally 9 short-cut keys appear on the right-side of the tally screen. see the button names in the button bar.

few short-cuts:
Keys
Functions
Alt + 2
To Duplicate a voucher
Alt + A
To Add a voucher
To Alter the column in columnar report
Alt + C
To create a master at a voucher screen (if it has not been already assigned a different function, as in reports like Balance Sheet, where it adds a new column to the report)
To access Auto Value Calculator in the amount field during voucher entry
Alt + D
To delete a voucher
To delete a master
To delete a column in any columnar report
Alt + E
To export the report in ASCII, HTML OR XML format
Alt + I
To insert a voucher
To toggle between Item and Accounting invoice
Alt + N
To view the report in automatic columns
Alt + P
To print the report
Alt + R
To remove a line in a report
Alt + S
To bring back a line you removed using ALT + R
Alt + U
To retrieve the last line which is deleted using Alt + R
Alt + W
To view the Tally Web browser.
Alt + X
To cancel a voucher in Day Book/List of Vouchers
Alt + Y
To Register Tally
Ctrl + A
To accept a form – wherever you use this key combination, that screen or report gets accepted as it is.
Ctrl + Alt + B
To check the Company Statutory details
Ctrl + G
To select the Group
Ctrl + Alt + I
To import statutory masters
Ctrl + Q
To abandon a form – wherever you use this key combination, it quits that screen without making any changes to it.
Ctrl + R
To repeat narration in the same voucher type
Ctrl + Alt + R
Rewrite data for a Company

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Improve Knowledge For Tally & Accountancy


hi,
you please search a good Tally Academy near your place.Tally academy conduct different cources. First you join Basics of Accounting and then TFAP . Please search the site
www.tallysolutions.com , this gives the academy details.

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