How do you manage and operate groups in Tally?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

You can go to Gateway of Tally—>Accounts Info—> Groups. You can create, alter, or display a single Group or multiple Groups.
Comments

Tally faculty

Basically, in tally we're not needed to create "Group". But for our requirement we can made them based upon the ledgers nature. Example for for transfer of GROSS PROFIT to PROFIT AND LOSS ACCOUNT , we need to create Gross profit account (because of to separately to know about GROSS PROFIT balance) in...
read more
Basically, in tally we're not needed to create "Group". But for our requirement we can made them based upon the ledgers nature. Example for for transfer of GROSS PROFIT to PROFIT AND LOSS ACCOUNT , we need to create Gross profit account (because of to separately to know about GROSS PROFIT balance) in order to this, we can create group called Gross profit (under primary then we choose either it will be as income or asset). In case of Gross loss it is quite opposite to it. So, in this way we can manage our groups and operates them based upon our requirements. read less
Comments

Related Questions

What is Busy Accounting software?
BUSY is an integrated business accounting and management software, particularly designed for Micro, Small, and Medium Enterprises (MSMEs).
Parna
0 0
5
I am 28 years old. I have done MBA & wanted to improve my skills in the fields of finance & accounts from basics within a short span. I also wanted to be master in Tally with GST, Busy, taxation, E-filing of TDS. Kindly suggest me some reputed institutes in Delhi NCR with 100% assured Placements.
Hello Nikhil, If you want to improve your skill set with Finance and Accounting , please go for best faculty and reputated institute or you may find an expert for this field, I can help you , please contact...
Nikhil
1 0
5
How can I display HSN code in tally ERP 9?
enable the relevant settings and then specify the HSN codes at different levels (company, stock group, stock item, or ledger).
Franziska
0 0
5

Is learning Tally good or is learning Advanced Excel and Python good? Which one will be better for getting a job? What would be the general cost of learning Tally, Advanced Excel and Python? Which are the best tutors or institutes near to Kudlu Gate and Electronic City?

 

 

As a beginner, you should go with Advance Excel and MIS reporting. After that, you can go for VBA, SQL, and Python in the end. Follow this career path. You will end up being a data analyst and package raging from 8-12lakh pa.
Prabhu
What is Tally?
Tally is a accounting software. In this software you can easily maintain business account
Chitra
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Goods & Services Tax: One Nation One Tax: For Everyone.
GST - Goods & Services Tax Benefits: To Create a unified Common national market. To boost economy: generate more employement. Reduction in Compliance costs. Multiple Record not required to maintain. Uniformity...

GST Update: Impact Of GST On Restaurant Business.
GST is almost ready to be rolled out. Both the producers and consumers start comparing the impact of the propsed taxation system with that of the existing one. In this article we are trying to compare...


Basic Accounting
Basic Concept Of Accounting: Accounting: It is an art of recording, classifying and summarizing in significant manner and in terms of money, transactions and events which are of financial character...

Tax Management
A Business who stays aloof of tax matters cannot remain competitive. Tax laws are an economic reality in the Business world. A Tax Dollar is just as real one derived from other source.” Tax Management...

Recommended Articles

Hadoop is a framework which has been developed for organizing and analysing big chunks of data for a business. Suppose you have a file larger than your system’s storage capacity and you can’t store it. Hadoop helps in storing bigger files than what could be stored on one particular server. You can therefore store very,...

Read full article >

Information technology consultancy or Information technology consulting is a specialized field in which one can set their focus on providing advisory services to business firms on finding ways to use innovations in information technology to further their business and meet the objectives of the business. Not only does...

Read full article >

Software Development has been one of the most popular career trends since years. The reason behind this is the fact that software are being used almost everywhere today.  In all of our lives, from the morning’s alarm clock to the coffee maker, car, mobile phone, computer, ATM and in almost everything we use in our daily...

Read full article >

Microsoft Excel is an electronic spreadsheet tool which is commonly used for financial and statistical data processing. It has been developed by Microsoft and forms a major component of the widely used Microsoft Office. From individual users to the top IT companies, Excel is used worldwide. Excel is one of the most important...

Read full article >

Looking for Tally Software classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you