Tally Interview Questions and Answers
Ques 16. Explain the concept of Cost Centers in Tally.
Cost Centers in Tally help track expenses and incomes associated with specific departments or projects.
Example:
To create a Cost Center: Gateway of Tally > F11 (Features) > F1 (Accounting Features) > Enable Cost Centers > Save
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Ques 17. How can you print reports in Tally?
To print reports, go to Gateway of Tally > Display > select the report > press 'Alt + P' to print.
Example:
Gateway of Tally > Display > Day Book > Alt + P > Select print settings > Print
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Ques 18. What is Tally Developer? How can you use it?
Tally Developer is used to create customized solutions in Tally. It allows developers to design and implement tailored functionalities.
Example:
Developers can use Tally Developer to create custom reports and modules for specific business requirements.
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Ques 19. How can you manage multiple currencies in Tally?
To manage multiple currencies, go to Gateway of Tally > F11 (Features) > F3 (Statutory & Taxation) > Enable Multi-Currency > Save.
Example:
Gateway of Tally > F11 > F3 > Enable Multi-Currency > Save
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Ques 20. Explain the concept of TDS in Tally.
TDS (Tax Deducted at Source) in Tally involves deducting tax at a specified rate before making certain payments like salaries and vendor payments.
Example:
To record TDS entry: Accounting Vouchers > F6 (Receipt) > Select TDS ledger > Enter details > Save
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