You need three tax ledgers:
Installing Tally is straightforward. Download the software from the official Tally Solutions website. Run the setup file, accept the license agreement, and choose the destination folder.
The first step is creating your company profile in the software. how to use tally erp 9
Before you can crunch numbers, you need to understand the environment. Tally.ERP 9 is renowned for its simplicity—it doesn't require a supercomputer to run, but it does require precise setup.
To use Tally ERP 9 effectively, you must follow a systematic workflow starting from initial setup to generating final financial reports You need three tax ledgers: Installing Tally is
| Key | Function | | :--- | :--- | | | Select Company (Switch between companies) | | F2 | Change financial year / date | | F3 | Company Info Menu (Create/alter companies) | | F11 | Company Features (Toggle GST, inventory, etc.) | | F12 | Configuration (Set invoice format, print settings) | | Alt + G | Go To (Direct search for any report) | | Ctrl + A | Accept (Save the transaction form) | | Esc | Cancel / Go back to previous menu |
For adjustment entries and non-cash transactions. F8 (Sales): To record the sale of goods or services. F9 (Purchase): To record buying goods or services. The first step is creating your company profile
When you open a company, you see two main screens:
For all outgoing payments (salary, rent, supplier payments).