Tally ERP 9 MCQ Test

Basic Operations

• Use the Company Info menu in Tally ERP 9 to create a new company.
• To quit Tally ERP 9, press Ctrl + Q.
• Tally ERP 9 does not include Human Resource Management as a feature.
• To modify a voucher in Tally, the option Alter should be used.
• Create a ledger using the shortcut key Alt + C.

Accounting Concepts

• The 'Sales' account is categorized as Income in Tally ERP 9.
• The group Stock-in-hand is not a default group within Tally ERP 9.
• "Contra" refers to a cash withdrawal or deposit entry in Tally ERP 9.
• Cash in Hand is categorized under the primary group Current Assets.
• In a sales transaction, the Sales Account is credited.

Inventory Management

• Stock groups are created under Gateway of Tally > Inventory Info.
• The 'Reorder Level' indicates the minimum stock level for reordering.
• A 'Godown' is utilized in Tally ERP 9 to track inventory location.
• A Purchase Voucher is a type of inventory-related voucher in Tally ERP 9.
• BOM stands for Bill of Materials in Tally ERP 9.

Taxation

• To enable GST, navigate to Gateway of Tally > Statutory & Taxation.
• IGST applies to Inter-state sales.
• The ledger Output GST is created for recording GST.
• Enable the feature under Statutory & Taxation to calculate GST in Tally ERP 9.
• Purchase voucher type is used for recording GST purchases.

Payroll

• The aspect for managing employee salaries in Tally ERP 9 is called Payroll Management.
• Employee Groups are utilized to categorize different employee types.
• Attendance is classified as a Payroll Voucher in Tally ERP 9.
• PF stands for Provident Fund in the context of payroll in Tally ERP 9.
• Activate payroll with the shortcut key F11.

Test your knowledge of Tally ERP 9 with this comprehensive MCQ quiz. It covers essential topics such as basic operations, accounting concepts, inventory management, and payroll. Perfect for students and professionals looking to enhance their Tally skills.