Tally Interview Questions and Answers
Ques 6. How can you view a balance sheet in Tally?
To view a balance sheet in Tally, go to Gateway of Tally > Balance Sheet.
Example:
Gateway of Tally > Balance Sheet > Select the required date > Display
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Ques 7. What is the purpose of the Tally Audit feature?
Tally Audit is used to track changes made in the company data, providing security and accountability.
Example:
Gateway of Tally > F3 (Cmp Info) > Security Control > Enable Tally Audit > Set features > Save
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Ques 8. How can you correct errors in Tally entries?
Errors can be corrected by using the 'Edit' option in Tally. Go to Display > Day Book > Select entry to edit.
Example:
Display > Day Book > Select entry > Click 'Edit' > Make corrections > Save
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Ques 9. What is the significance of the Tally shortcut key 'Alt + F1'?
Alt + F1 is used to view the detailed stock summary in Tally.
Example:
Alt + F1 > Select the stock item > View stock summary
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Ques 10. How can you reconcile bank statements in Tally?
To reconcile bank statements, go to Banking > Bank Reconciliation > Select bank > Enter details and reconcile.
Example:
Banking > Bank Reconciliation > Select Bank > Enter details > Reconcile
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