Tally ERP 9 is the most popular accounting software compatible with small and medium enterprises. The software documents the day-to-day business data of your company. It might be a perfect business management solution because of the customizability, control, and functions. Business owners and their teams can interact more in discussions to generate comprehensive business functionalities. Tally is just accounting in a digital format. You can purchase and download the Tally Software from the official website. The software is designed to be navigated by using the keyboard. You can access every feature of the Tally ERP 9 using the shortcut. New business owners use Tally software to save time while creating transactions.
How To Use Tally ERP 9
You can understand Tally as a digital banking service. You can keep track of your accounts by debit and credit entries. Tally ERP 9 calculates TDS, service tax, and Indian VAT. You can follow these steps to use the Tally software on your PC:
Install The Tally ERP 9 Software
Official Tally Website offers the latest Tally software for its users. The website also provides a 30 days trial edition. Follow these steps to install the Tally ERP 9 Software:
- Launch the updated internet browser
- Visit the Tally official website
- After that, click on the Tally ERP 9 tab
- Click on the Buy Now option to continue further
- Select the product subscription plan
- Then, complete the purchase process.
- Download the installation file on your device
- Finally, launch the installation window and finish the process.
Read More:- How To Setup Quickbooks Online For A Business: 8 Easy Steps
Create A Company
You will have to create a new company in the Tally software to use the Tally software. Follow the given steps to create a new company:
- Launch the Tally software on your PC
- Select Create Company option from the Dashboard
- Type your company name exactly like the Bank records
- Enter an email, phone number, legal compliance, and address of the company
- After that, enable the Auto Backup option
- Choose a currency from the list
- Then, select the Accounts option from the maintain menu
- Choose Accounts with Inventory to handle the inventory
- Finally, select the Fiscal year and bookkeeping start date from the window.
Create Ledgers
You can construct a ledger on your Tally software that keeps track of all your account activities. Tally ERP 9 has two default ledgers: Cash and Profit & Loss Account. However, you can create additional ledgers by following these steps:
- Launch the Tally software on your PC
- Select the Account Information option from the window
- After that, click the Ledger option to continue
- Tap Create and choose a group from the list
- Then, select the category of the ledger
- Pick the proper group for your ledger
- Finally, type in the Name to assign a name to the ledger.
How To Share Tally ERP 9 Multi-User
Tally ERP 9 can be used on multiple computers. You can install Tally ERP 9 Multi-User or Gold in various PCs across a LAN. Go through these steps to know how to share tally ERP 9 multi-user:
- Install the Tally ERP 9 software on your server
- Connect your computer devices to a LAN
- After that, launch the software and type in your floating license
- You can view the data simultaneously on the other computers
- Then, keep track of the going on changes
- Finally, you can use it on any PC connected through LAN.
How To Create Tax Invoice In Tally ERP 9
Learn more about how to create tax invoices in Tally ERP 9. Follow these basic steps to create tax invoices in Tally ERP 9:
- First of all, create a voucher type named Tax invoice
- Then, you can change the declaration of the invoice whenever you want
- Use the default title to print the tax invoices
- Activate the GST settings in Tally ERP 9
- After that, create GST sale voucher ledgers creation
- Then, complete the stock item
- Enter the sales voucher with GST under the accounting voucher tab
- Finally, print the sales voucher as GST or Tax invoices
- Select the number of copies to print from the window.
How To Make Voucher Entry In Tally ERP 9
Go through these steps to learn how to make voucher entries in Tally ERP 9. Follow these steps to make voucher entry in the Tally ERP 9 free of cost:
- Launch the Tally ERP 9 free software on your device
- Select the Accounting Voucher option from the dashboard
- Then, choose the Voucher option or press the shortcut key
- Click on the Date option to customize the date of the receipt
- Enter the ledger details and amount of the transaction
- After that, use multiple debit aspects from the menu
- Select To or Cr and select the option
- Fill out the credited amount in the following field
- After that, Enter the details of the transactions in the narration field
- Finally, tap the Enter key to save the voucher entry.
How To Split The Company In Tally ERP 9
You can easily split the company data only based on the financial years. First of all, ensure that the company data is verified. Go through these steps to learn how to split the company in Tally ERP 9. After that, make sure that the data verification process is done. Then, follow these step by step instructions to split the company in Tally ERP 9:
- Launch the Tally ERP software
- Then, select the Company Information option
- Click on the Split Company Data option to proceed
- Tap Company from the setting menu
- Choose the required company name from the list
- After that, enter the required date in the field
- Tap Split Form to proceed further
- Press the Enter key to split the company data
- Finally, close the Tally ERP 9 software.
How To Update Tally ERP 9 Version
Read these instructions to learn how to update the Tally ERP 9 version. You must have the latest version to update the Tally ERP 9 version. Follow these basic steps:
- Open the Tally ERP software
- Go to the Dashboard of the Tally software
- Then, select the Configure option to proceed
- Click on the Products & Features
- Press the F12 key to configure the software
- After that, select the latest version from the list
- Press the F6 button to update the Tally ERP 9 version
- Then, restart the Tally ERP 9 software in administrator mode
- Finally, you will get a confirmation message after a successful update.
How To Change Company Address In Tally ERP 9
Go through these instructions to learn how to change the company address in Tally ERP 9. You can change or alter company details by these step-by-step processes:
- Open the Tally ERP 9 software on your PC
- Select the Company name from the dashboard
- Then, choose Alter option to customize the company details
- Select the company name
- Modify the company details
- After that, click on the Address option
- Modify the address tab and tap Save
- Finally, your company address is altered.
Conclusion
Tally ERP 9 is a highly effective and widely used accounting software to make your life easier. It provides a better scope for small and medium-sized businesses to manage inventory, accounting, and other business solutions. Visit our blog section to get more details on Tally ERP 9 Error codes and ways to fix them. Wire IT Solutions offers business accounting software support with the help of industry-leading experts.
