How many type of account in tally?

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Richa Arora Arora

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In Tally, there are typically five types of accounts: Assets: These are resources owned by the business, such as cash, inventory, equipment, and accounts receivable Liabilities: These are obligations or debts owed by the business, such as loans, accounts payable, and accrued expenses ...
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In Tally, there are typically five types of accounts: Assets: These are resources owned by the business, such as cash, inventory, equipment, and accounts receivable Liabilities: These are obligations or debts owed by the business, such as loans, accounts payable, and accrued expenses Income: These accounts track the revenue earned by the business from its primary operations, such as sales revenue, service income, and interest income. Expenses: These accounts record the costs incurred by the business to generate revenue, such as rent, salaries, utilities, and advertising expenses Capital: This account represents the owner's equity in the business, including investments made by the owner and retained earnings. These five types of accounts cover the major financial transactions and categories typically encountered in business accounting. read less
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Related Questions

Does any training or cerification is required to learn Tally Software?
Absolutely No. You can speak instead Papers in Interview.
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How much time do we need to learn Tally?
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Why does balance sheet always tally?
Can you type your question again because I am not understanding what are you asking
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what is the difference between Tally ERP 9 and Tally 7.2?
Tally ERP 9 is advanced version compared to Tally 7.2. There are more features in Tally ERP 9 than that of in Tally 7.2.
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Hi, I did my graduation (B.Com) in 2010, after struggling a lot I started my career in 2013 as an executive in BPO and presently working as analyst back-end process us healthcare, I'm looking for job change. At present I'm doing tally ERP 9 GST with Ad Excel training and simultaneously I want to do SAP FICO module training, is it best to do SAP FICO according to my profile. Please, suggest me.
Hi Chaitanya, SAP FICO module always has a lot of scope to start your career, as it has lot of submodules, practices and you later on do vertical/Horizontal expansion in your career FICO has sub...
Chaitanya

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