THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

ITT TRAINING
PROGRAMME
A Project submitted to
the
.
In partial fulfillment of the requirement for the award of the
Degree of

BY

 ACKNOWLEDGEME
NT
This project is prepared as a part of ... I take
this privilege to thanks to Mr. Om Prakash Yadav my teacher and
mentor for teaching and guiding me through this training.
Above all I would like to thanks the chairperson, vice- chairperson,
secretary, treasurer and manager of Noida branch of Central Indian
Regional Council of The Institute of Chartered Accountant of India for
giving me the opportunity and all the facilities for completing my ITT
from Noida successfully.
My special thanks to my beloved family who have encouraged me to
complete this project successfully.
 DECLARATI
ON

I, . a student of ,
hereby declare that the project that I have accomplished has been carried
out with full commitment and is purely based on my own understanding
and the material have not been copied from any published source or
website.In the process of completing the project, I have referred to certain
websites, journals, and books in order to make it more practical.
 INTRODUCTION OF TALLY.
ERP9

TALLY. ERP9 is the worlds fastest and most powerful concurrent Multi-
lingual business Accounting and Inventory Management software.
TALLY. ERP9 is easy to install,learn and use. TALLY. ERP9 is designed
to automate and integrate all business
operations,viz.,sales,finance,purchasing,inventory and manufacturing
and so on .TALLY. ERP9 facilities accurate and up-to-date business
information at our fingertips anywhere.
 FEATUR
ES
SIMPLICITY : TALLY. ERP9 is simple, easy to setup and use.It also allows easy
keyboard operations.It requires basic knowledge of Accounts to use it.
SPEED : TALLY. ERP9 provides the capability to generate instant and accurate
reports, which assists the management to take timely and correct decisions
for the overall productivity and growth of the company.
REAL TIME PROCESSING : Immediate posting & updation of books of
accounts as soon as the transactions are entered,thereby facilitating instant
statements & Reports.It also facilitates real-time multi-user environment.
REMOTE ACCESS : TALLY.ERP9 provides remote capabilities to access the
data from anywhere and anytime.
SCALABILITY : TALLY.ERP9 suits any style of business needs and eliminates
the necessity for a business to change its style of operations, in order to adapt
to the application.
SETTING UP A NEW COMPANY IN
TALLY.ERP9

CREATE COMPANY

Go to Gateway of TALLY > Press ALT+F3 > Company Info. > Create
Company
Enter the specified information as shown in the FIGURE 1.0
Fig. 1.o
SELECT
COMPANY
Go to Gateway of TALLY > Press ALT+F3 > Company Info. > Select
Company , as shown in the FIGURE 1.1

Fig. 1.1
BACKUP/RESTORE OF
DATA

Go to Gateway of TALLY > Press Alt+F3 > Company Info. > Backup/Restore

Select Destination / Source (specify path)

Select company/companies for data backup/restore from the List of

Companies

Save the screen. (as shown in the FIGURE 1.3 & 1.4 )
2.TALLY.ERP9 displays the List Of Companies in alphabetical order
3.Select the required company and press Enter as shown below
FIGURE 1.2

Fig. 1.2
SHUT COMPANY

Go to Gateway Of TALLY > Press ALT + F3 > Company Info. > Shut
Company
Select the required company to shut. We can also use ALT+F1 from
Gateway of TALLY.

ALTERING A COMPANY

Go to Gateway Of TALLY > Press ALT + F3 > Company Info. > Alter
Company.

b)Select the required company for any kind of alteration & press Enter.
 Fig. 1.4
Fig. 1.3
SPLIT COMPANY
DATA
Load the company for splitting

Press Alt+F3 > Company Info. > Split Company Data

Select company from List of companies

Specify date in Split from

Save the screen (as shown in the FIGURE 1.5)

TALLY.ERP9 splits the company data as per

the periods specified
Fig. 1.5
Predefined Vouchers in
TALLY.ERP9
Purchase Voucher / Invoice
Sales Voucher / Invoice
Receipt Voucher
Payment Voucher
Contra Voucher
Journal Voucher
Debit Note Voucher
Credit Note Voucher
CREATING VOUCHER
TYPE
Go to Gateway of TALLY > Account Info. > Voucher type > Create

Enter the voucher name

Specify the Type of Voucher

Specify the Method of Voucher Numbering

Activate/deactivate other functions as required

Press Enter and save(as shown in the FIGURE 1.6 )

Fig. 1.6
PURCHASE
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press F9/ Select F9 : Purchase on the button bar
Select the Partys A/c Name
Select Stock items , Quantity and Rate details
Select Tax ledger and tax amount is automatically computed
Enter all the required details
Press Enter and save(as shown in the FIGURE 1.7)
 SALES INVOICE

Press F11:Inventory Features and set Allowing Invoicing to Yes

In the Sales entry screen , click Ctrl + V (as invoice) button
Select Partys A/c Name,Stock items,Qty,Rate and Tax ledger
Enter all required details
Press Enter and save(as shown in the FIGURE 1.9)
Fig. 1.7
SALES
VOUCHER
Go to Gateway of TALLY > Accounting Voucher
Press/Select F8 : Sales on the Button bar
Select Party Name , Sales Ledger , Tax Ledger and specify the amount
Press Enter and save (as shown in the FIGURE 1.8)
Fig. 1.8
Fig. 1.9
RECEIPT
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press/select F6: Receipt from button bar
Select Party Name in the To field and specify amount
Select Bill references in the Bill Wise Details for screen
Select Bank ledger in the By field and press Enter to accept amount
Press enter and save(as shown in the FIGURE 2.0)
Fig. 2.0
PAYMENT
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press/select F5: Payment from button bar
Select Party Name in By field and specify amount
Select Bill references in the Bill Wise Details for screen
Select Bank ledger in To field and press enter to accept amount
Press enter and save(as shown in the FIGURE 2.1)
Fig. 2.1
CONTRA
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press F4 or Select F4: Contra on the button bar
Select the Cash/Bank ledger in To and By fields,as required
Press Enter and save(as shown in the FIGURE 2.2)
Fig. 2.2
JOURNAL
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press F7 or select F7: Journal on button bar
Enter the required details
Press Enter and save(as shown in the FIGURE 2.3)
Fig. 2.3
 DEBIT NOTE
VOUCHER

Go to Gateway of TALLY > Accounting Vouchers

Press Ctrl + F9 or select Ctrl + F9 :Debit Note on button bar
Enter the required details
Press Enter and save(as shown in the FIGURE 2.4)
Fig. 2.4
CREDIT NOTE
VOUCHER

Go to Gateway of TALT > Accounting Vouchers

Press Ctrl + F8 or select Ctrl + F8: Credit Note on button bar
Enter the required details
Press Enter and save(as shown in the FIGURE 2.5)
Fig. 2.5
REPOR
TS

Balance Sheet
Profit & Loss A/c
Stock Summary
Ratio Analysis
BALANCE SHEET

Go to Gateway of tally > Balance Sheet

(as shown in the FIGURE 2.6)

PROFIT & LOSS ACCOUNT

Go to Gateway of tally > Profit & Loss A/c
(as shown in the FIGURE 2.7)

TRIAL BALANCE

Go to Gateway of tally > Display > Trial balance

(as shown in the FIGURE 2.8)
Fig. 2.6
Fig. 2.7
Fig. 2.8
STOCK
SUMMARY
Go to Gateway of tally > Stock Summary
Press F12:Configure, set show Opening balance , Goods inwards,
Goods outwards and Closing balance to Yes
(as shown in the FIGURE 2.9)

RATIO ANALYSIS
Go to Gateway of tally > Ratio Analysis
(as shown in the FIGURE 3.0)
Fig. 2.9
Fig. 3.1
Fig. 3.0
 Go to Gateway of tally > Display > Account
Books >

CASH BOOK
(as shown in the FIGURE 3.1)

PURCHASE REGISTER
(as shown in the FIGURE 3.2)

SALES REGISTER
(as shown in the FIGURE 3.3)
Fig. 3.2
Fig. 3.3
Short cut key- function key combination

F1 : To Select Company
At all masters menu Screen.
Alt+F1 : To Select the Inventory
At the Inventory/Payroll Voucher creation and
alteration.
Ctrl+F1 : To Select Payroll Vouchers to alter
At the Accounting/Inventory Voucher creation or
alteration screen.
F2 : To Select Company Inventory Features
At almost all screens in Tally.ERP 9
At the F11: Features Screen
F3 : To Select Company Statutary & Taxation Features
At almost all screens in Tally.ERP 9
At the F11: Features Screen
Ctrl+F8 : To Select the Credit Note Voucher
At the Inventory/Payroll Voucher creation and
alteration.
F9 : To Select the Purchase Voucher
At the Inventory/Payroll Voucher creation and
alteration.
Ctrl+F9 : To Select the Debit Note Voucher
At the Inventory/Payroll Voucher creation and
alteration.
F10 : To Select the Reversing Journal Voucher
At the Inventory/Payroll Voucher creation and
alteration.
F11 : To Select the Functions and Features Screen
At almost all screens in Tally.ERP 9
F12 : To Select the Configure Screen
At almost all screens in Tally.ERP 9
 CONCLUSION
Tally.ERP 9 is such type of Accounting Package
which provides the simplest mode of performing
Various Accounting Treatments of Transactions.

Tally.ERP 9 provides the Facilities of Self

Generated Statements.

As a Whole It can be said that Tally is the most

desirable and required Accounting Package .