If you are preparing for an interview in accounting, finance, or office administration, knowledge of Tally ERP 9 and Tally Prime is often a must. Employers expect freshers to have a basic understanding of how to use Tally for accounting, GST, vouchers, and inventory management. To help you succeed, we have compiled a list of the most common Tally questions and answers for freshers, covering both theoretical and practical aspects.
This guide includes basic Tally questions for interview, practical Tally Prime interview questions, and commonly asked Tally ERP 9 questions for freshers. Going through these questions will help beginners strengthen their knowledge and improve their chances of clearing interviews with confidence.
Top Tally Questions and Answers for Freshers for Interview
Q1. What is Tally and why is it used?
Answer: Tally is one of the most widely used accounting software solutions in India and abroad. It is mainly used for recording day-to-day business transactions such as sales, purchases, receipts, and payments. Businesses use Tally for inventory management, payroll, taxation, GST, and financial reporting.
Q2. What is the difference between Tally ERP 9 and Tally Prime?
Answer:
- Tally ERP 9 was the earlier version widely used for accounting and GST compliance.
- Tally Prime is the upgraded version, offering a simplified interface, enhanced navigation, data migration tools, and better remote access.
This is one of the most common Tally Prime interview questions asked to freshers.
Q3. How do you create a company in Tally?
Answer:
To create a company:
- Open Tally → Gateway of Tally → Create Company.
- Enter company name, address, financial year, and base currency.
- Save the details to start recording transactions.
Q4. What are the types of vouchers in Tally?
Answer:
Some important voucher types include:
- Payment Voucher – For all payments made.
- Receipt Voucher – For money received.
- Contra Voucher – For cash/bank transfers.
- Sales Voucher – For sales transactions.
- Purchase Voucher – For purchases.
Interviewers often include this in basic Tally questions for the interview.
Q5. How does Tally handle GST?
Answer:
Tally supports GST by allowing users to configure tax rates for products, services, and invoices. It automatically calculates CGST, SGST, and IGST during sales and purchase transactions. Tally also helps in generating GSTR-1, GSTR-3B, and other tax reports.
Q6. How do you back up and restore data in Tally?
Answer:
- Backup: Go to Gateway of Tally → Alt + F3 → Backup → Select Source and Destination → Enter → Yes.
- Restore: Go to Gateway of Tally → Alt + F3 → Restore → Select Backup File → Enter → Yes.
Q7. What are ledgers in Tally?
Answer:
Ledgers are accounts where transactions are recorded under predefined groups such as assets, liabilities, income, and expenses. Examples include Cash, Bank, Sales, and Purchases.
Q8. What are stock groups and stock categories in Tally?
Answer:
- Stock Groups: Used for classifying inventory items, e.g., Electronics, Grocery.
- Stock Categories: Used for classifying items across groups, e.g., Branded, Non-Branded.
Q9. What is the use of a Trial Balance in Tally?
Answer:
A Trial Balance is a summary of all ledger balances at a particular date. It helps verify that total debits equal total credits, ensuring the accuracy of the books.
Q10. What is the purpose of Cost Centers in Tally?
Answer:
Cost Centers are used to track income and expenses for specific departments, employees, or projects separately. This helps in detailed financial analysis and budgeting.
Q11. What is the use of Tally Vault?
Answer:
Tally Vault is a security feature that encrypts company data. It requires a password to access the data and protects it from unauthorized access.
Q12. How do you enable Inventory features in Tally?
Answer:
To enable Inventory:
- Go to F11: Features > Inventory Features
- Set “Integrate Accounts and Inventory” to Yes
- Enable features such as stock categories, godowns, and batch-wise details as needed.
Q13. What is the purpose of a Journal Voucher in Tally?
Answer:
A Journal Voucher is used for non-cash transactions, such as depreciation, adjustments, and provisions. It helps record accounting entries that don’t involve cash or a bank.
Q14. What are the statutory features in Tally?
Answer:
Statutory features include compliance tools for GST, TDS, TCS, VAT, and Excise. These can be enabled in the F11: Statutory & Taxation menu.
Q15. How can you view financial reports in Tally?
Answer:
To view reports:
- Go to Gateway of Tally > Display > Select reports like Balance Sheet, Profit & Loss, Trial Balance, or Stock Summary.
Q16. What is the use of Multi-Currency in Tally?
Answer:
Tally allows recording transactions in different currencies. You can define exchange rates, view currency-wise reports, and manage international business transactions.
Q17. How do you create a ledger under a group in Tally?
Answer:
- Go to Accounts Info > Ledgers > Create
- Enter ledger name, select the appropriate group (like Sundry Debtors, Sales), and save.
Q18. What is the purpose of the Day Book in Tally?
Answer:
The Day Book shows all transactions entered on a particular date. It is useful for reviewing and editing daily entries.
Q19. Can Tally be used in a multi-user environment?
Answer:
Yes, with a multi-user license, Tally can be used by multiple users over a LAN or cloud setup. User roles and permissions can also be managed.
Q20. What is the use of the Audit feature in Tally?
Answer:
The Audit feature helps auditors review and verify entries. It tracks changes, shows who made them, and allows marking entries as “Audited.”
This is one of the popular Tally questions and answers for beginners.
Tips for Freshers Preparing for Tally Interviews
- Practice creating companies, ledgers, and vouchers.
- Learn the difference between Tally ERP 9 and Tally Prime.
- Understand GST configuration in Tally.
- Revise shortcut keys (e.g., Alt + C for creating ledger).
- Be ready with both theoretical and practical knowledge.
FAQs on Tally Interview Preparation
Q1. What are the most asked Tally interview questions for freshers?
The most common ones include: creating a company, types of vouchers, GST in Tally, difference between ERP 9 and Prime, and backup/restore process.
Q2. Is Tally difficult for beginners?
No. Tally is user-friendly and beginners can learn the basics of accounting entries, GST, and voucher management with practice.
Q3. What are the essential basic Tally questions for interview?
Questions about ledgers, stock groups, vouchers, and GST handling are often asked.
Q4. Do companies still use Tally ERP 9 or only Tally Prime?
Many businesses have shifted to Tally Prime, but some still use ERP 9. Freshers should have knowledge of both.
Q5. How can I prepare for Tally Prime interview questions?
By practicing on Tally Prime software, understanding its interface, shortcuts, and advanced features like remote access, inventory, and payroll.
Final Thoughts
Preparing well for Tally interview questions and answers is important for freshers seeking jobs in accounting, finance, or data entry. Whether it’s Tally ERP 9 questions for freshers, Tally Prime interview questions, or basic Tally questions for interview, having both theoretical clarity and practical skills will set you apart from other candidates.
By practicing these Tally questions and answers for beginners, you will not only perform better in interviews but also gain confidence in handling real-world accounting tasks using Tally.