Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
Question Bank
Computerized Accounting III {ACC 410}
Tally.ERP 9
First: Theoretical Part; Answer the Following Questions:
1) What are the Tally.ERP 9 screen components?
2) What are the “fundamental Info.” you should enter to create a company file in
Tally.ERP9?
3) Explain the difference between “Features & Configuration” in Tally.
4) Explain the difference between “Groups & Ledgers” in Tally.
5) What are the “predefined groups” related to “Balance Sheet” in Tally?
6) What are the “predefined groups” related to “Profit & Loss A/c” in Tally?
7) Explain the “Accounting Voucher Types” in Tally.
8) Explain the difference between “Stock Groups & Stock Items” in Tally.
9) Explain the “Units of Measure” in Tally.
10) Explain the difference between “Backup & Restore” data.
11) Most of the time, we don’t need to use double-entry journal in Tally, why?
12) What are the major cases to use journal voucher in Tally.ERP 9?
13) How to record a journal voucher in Tally.ERP 9?
14) What are the required inputs to record a journal voucher in Tally.ERP 9?
15) How to record a purchase voucher in Tally.ERP 9?
16) What are the required inputs to record a purchase voucher in Tally.ERP 9?
17) How to record sales voucher in Tally.ERP 9?
18) What are the required inputs to record sales voucher in Tally.ERP 9?
19) How to record purchases returns voucher in Tally.ERP 9?
Page 1 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
20) What are the required inputs to record purchase returns voucher in Tally.ERP 9?
21) How to record sales returns voucher in Tally.ERP 9?
22) What are the required inputs to record sales returns voucher in Tally.ERP 9?
23) How to record a receipt voucher in Tally.ERP 9?
24) What are the required inputs to record a receipt voucher in Tally.ERP 9?
25) How to record a payment voucher in Tally.ERP 9?
26) What are the required inputs to record a payment voucher in Tally.ERP 9?
27) How to record a contra voucher in Tally.ERP 9?
28) What are the required inputs to record a contra voucher in Tally.ERP 9?
Second: Practical Part; Using Tally.ERP9, Do the Following Tasks:
Part I: Setting Up Tally.ERP 9
1) Create a “New Company File” that contains the following fundamental info.:
Name: Amazon Co.
country: Iraq
Financial year begins from: 01-01-2018
Base currency symbol: USD
Formal name: Dollar
Number of decimal places: 2
Word representing amount after decimal: Cent
No. of decimals places for amount in words: 2
Page 2 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
2) Set up the following “Ledgers”:
Name Under Opening Balance
HSBC Bank Bank Accounts -
Byblos Bank Bank Accounts -
Cash on Hand Cash-in-Hand 100,000
Petty Cash Cash-in-Hand 25,000
Customer No. 1 Sundry Debtors 10,000
Customer No. 2 Sundry Debtors 15,000
Customer No. 3 Sundry Debtors 12,000
Hardware Inventory Stock-in-hand -
Software Inventory Stock-in-hand -
Furniture & Fixture Fixed Assets 18,000
Accumulated Dep. - F&F Provisions -
Equipment & Supplies Fixed Assets 14,000
Accumulated Dep. - E&S Provisions -
Vendor No. 1 Sundry Creditors 8,000
Vendor No. 2 Sundry Creditors 7,000
Vendor No.3 Sundry Creditors 44,000
Loan No.13 Loans 35,000
Owner’s Equity Capital Account 100,000
Owner’s Withdrawals Capital Account -
Hardware Sales Sales Accounts -
Software Sales Sales Accounts -
Service Income Direct Incomes -
Interest Income Indirect Incomes -
Hardware Purchase Purchase Accounts -
Software Purchase Purchase Accounts -
Rent Exp. Direct Expenses -
Payroll Exp. Direct Expenses -
Water & Electricity Exp. Direct Expenses -
Telephone & Internet Exp. Direct Expenses -
Dep. Exp. - F&F Direct Expenses -
Dep. Exp. - E&S Direct Expenses -
Interest Exp. Indirect Expenses -
Page 3 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
3) Set up the following “Stock Groups”:
Name Under Should Quantities of items be added?
Computers Group Primary Yes
Printers Group Primary Yes
Programs Group Primary Yes
4) Set up the following “Units of Measure”:
Type Symbol Formal Name Number of decimal places
Simple No. Number 2
Simple Kg. Kilogram 2
5) Set up the following “Stock Items”:
Name Under Units
Computer HP Computers Group No.
Computer LG Computers Group No.
Printer HP Printers Group No.
Printer LG Printers Group No.
Win Program Programs Group No.
Office Program Programs Group No.
6) Create “backup” of your company file on the following path: C:\ My Tally
Page 4 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
Part II: Bookkeeping
Record the following “Vouchers”:
A. Journal Vouchers:
Date Particulars Debit Credit
02/01/2018 Cash on Hand 25,000
Owner’s Equity 25,000
Invested by the owner
Date Account Debit Credit
02/01/2018 Cash on Hand 45,000
Loan No.13 45,000
Long-term Investment Loan
Instructions for This Task:
In case cash & bank accounts didn’t appear in the ledger list, press (F12: configure) then
activate the choice “Allow cash accounts in journal vouchers”.
B. Purchase Vouchers:
Supplier Party A/c Purchase Particulars
Date
Invoice No. Name LedgerName of Item QTY Rate
Hardware
Computer HP 3 800
1000 Vendor 1 02-02-2018
Purchase
Computer LG 4 700
Narration: Hardware purchasing on account from vendor 1
Supplier Party A/c Purchase Particulars
Date
Invoice No. Name Ledger Name of Item QTY Rate
Software Win Program 10 125
1400 Vendor 3 02-02-2018
Purchase Office Program 12 90
Narration: Software purchasing on account from vendor 3
Page 5 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
C. Purchases Returns Voucher:
Original Party A/c Purchase Particulars
Date
Invoice No. Name Ledger Name of Item QTY Rate
Hardware Computer HP 1 800
1000 Vendor 1 04-02-2018
Purchase Computer LG 1 700
Narration: Recording purchases returns
Instructions for This Task:
To activate “Credit & Debit Notes” in Tally, Turn on the following three options from
“F11 Features” window:
- Use debit and credit notes
- Record credit notes in invoice mode
- Record debit notes in invoice mode
D. Sales Vouchers:
Reference Party A/c Sales Particulars
Date
No. Name Ledger Name of Item QTY Rate
Software Office Program 2 725
213 Customer 2 01-03-2018
Sales Win Program 4 550
Narration: Software sales on account
Reference Party A/c Sales Particulars
Date
No. Name Ledger Name of Item QTY Rate
Hardware Computer HP 1 2,350
217 Customer 3 01-03-2018
Sales Computer LG 2 2,100
Narration: Hardware sales on account
E. Sales Returns Voucher:
Original Party A/c Sales Particulars
Date
Invoice No. Name Ledger Name of Item QTY Rate
Software Win Program 1 550
213 Customer 2 01-05-2018
Sales
Narration: Recording sales returns
Page 6 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
Instructions for This Task:
To activate “Credit & Debit Notes” in Tally, Turn on the following three options from
“F11 Features” window:
- Use debit and credit notes
- Record credit notes in invoice mode
- Record debit notes in invoice mode
F. Receipt Voucher:
Particulars Method
Date Account Narration
Acc. Amount of Adj.
Cash on On Cash received from
01-06-2018 Customer 2 1,250
Hand Account customer 2
G. Payment Voucher:
Particulars Method
Date Account Narration
Acc. Amount of Adj.
Payment in advance
02-06-2018 Petty Cash Vendor 2 1,400 Advance
to vendor 2
H. Contra Voucher:
Particulars
Date Account Narration
Acc. Amount
Byblos Cash on
01-07-2018 3,200 Funds transfer
Bank Hand
Page 7 of 8 Dr. Samer H. Alssabagh
Tishk International University
Faculty of Administrative Sciences and Economics
Accounting Department
Part III: Reporting
Generate detailed report for each item of the list below that covers the period from
01/01/2018 to 31/12/2018.
A. Balance Sheet
B. Profit & Loss A/C
C. Stock Summary
D. Trial Balance
E. Ledger of Cash on Hand
F. Sales Register
G. Purchase Register
Instructions for This Task:
Capture each report and save it as a JPEG image on your Desktop and name it as follows:
A. Balance Sheet >>> BS-Your Name
B. Profit & Loss A/C >>> PL-Your Name
C. Stock Summary >>> SS-Your Name
D. Trial Balance >>> TB-Your Name
E. Ledger of Cash on Hand >>> LC-Your Name
F. Sales Register >>> SR-Your Name
G. Purchase Register >>> PR-Your Name
Important Note:
The final exam will include, but not limited to, the above questions
End of Question Bank
Page 8 of 8 Dr. Samer H. Alssabagh
