Tally Configuration : Mold Tally according to your Accounts.

One of my reader and now a user of Tally software approached me for software package for his traveling agency. He has many cars and many drivers which he wanted to manage. He was looking for a software which could take into account of his every vehicle, every trip , every car's maintenance and every driver and his profitability. He was surprised when i told him to develop whole software in two days. He was even more surprised when i told him that every thing is already done in tally. The two days i am taking is to give him demonstration by changing the configuration of tally and entering his sample data.

Such is the beauty of the software. You can adjust it according to your business needs. It doesn't matter if your in service industry or in manufacturing industry or in trading business, Tally fits to all.
Lets see how it can be done. For this all you need is a bird's eye view of features and configuration options of Tally and little bit of your imagination about where you can apply them. A word of precaution here. While configuring tally, only those options should be activated which are needed and all other options should be put to No. The data entry becomes more and more complex with each option put to yes both in F11 Features or F12 Configuration.

While talking about these options the F11 Features are the uniques for each company you create where as F12 Configuration are same for all companies you work on at a time.

F11 :Features
Lets talk about them first. If your business want to give invoices to your costumers then changing feature of Allow Invoicing to yes would enable you to print invoice in tally, for which you can take print outs automatically or on command. Whereas if you don't want to do it then simply use tally to punch in your accounting transactions in it.
Same way activating feature of Integrating accounts with Inventory would enable you to integrate your inventory in your accounts, whereas putting it to No would not mix inventory value with accounts.
Creative use of cost centers and cost categories can give you solutions to many problems which you would leave otherwise. It adds another dimension to how you see your reports under different heads. I keep track of my different business activities viz tally training and Tally software selling and customization by putting them under separate cost centers.
Same way in inventory you can manage different products and group them in different heads and stock categories. You can keep track of your various job works outsourced by making them as different godowns. Put Maintain Multiple Godowns to yes and use addresses for godown in F12 configuration to Yes.
In statutory features also only those which apply to you should be put to yes and their details should be entered correctly. All other features should be put to No.

F12 : Configuration
Configuration screens are different for different each type of activity. You can configure master creation by changing options related to advance entries of item, ledger, vouchers etc.
You can also do the configuration for printing, connectivity, shopping etc or some general configuration. Pressing F12 at any data entry screen would show you the configuration screen of the data entry. e.g. if you press F12 at voucher entry screen then configuration related to entering vouchers would be shown.
By putting single entry mode to yes you can enter faster data in Tally and that also without worrying about whom to Dr. and whom to Cr. For those who are new to accounting this feature is of great help. While entering payment and receipts etc. you need not to worry whom to debit or whom to credit
If you want to put address contact person details of your debtor and creditors then you can select advance entries in masters option to yes in Account/Inventory Info option of Configuration. I use this options to keep track of all my student's address, father's name address and phone no. etc.
You can see all configurations by pressing F12 at Gateway of Tally Menu and can change according to your requirement.

Related readings : Getting Started with Tally

Shailendra Yadav

The Post is written with an aim to help Tally software users. You can consider subscribing all my post related to Tally by putting your email id in the box below and joining my email list. If you find the contents interesting then don't forget to share it with your friends.
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12 responses:

  1. Please i had atlly 4.5 package installer but now i found it missing Please send that on my email I D i.e.par_sss@rediffmail.com
    i will allways be thanksfull of you

    ReplyDelete
  2. Paras,
    Installer for 4.5 is hard to find on net but you can try google for it.
    Your hardware vendor can give you this very easily. Contact him.

    ReplyDelete
  3. I downloaded Tally 9.0

    There are 2 problems:

    1) Help File does not works
    2) Multi Account Printing does not works.

    Please help

    ReplyDelete
  4. Anonymous7:40 PM

    Multi account printing dose not working please solve my problem.

    ReplyDelete
  5. Anonymous1:50 PM

    Trevor,

    Tally Help should work.. Download the file from the link given to right pane from Download section. Its Tally9 R1 Help file.

    Also .. I have the same problem, Multi Account Printing seems desabled.

    Please suggest.

    Thanks
    SaCHiN

    ReplyDelete
  6. Anonymous7:26 AM

    I have Tally 9.0. while migrating from tally 7.2 to 9.0 i get an error saying Software error not able to acess Tally License server and migration stops.

    ReplyDelete
  7. hi i am sandeep i use tally but i want to export account master in access using vb.net can it is possible if yes then please tell me procedure
    bye
    saneep

    ReplyDelete
  8. Great article
    See more detail relating to cost centre from my website
    http://www.svtuition.blogspot.com

    ReplyDelete
  9. Somebody had asked about Help file not being accessible. I also faced this issue. I was able to download but when I click on a topic, it used to show "page not found".

    I have got the solution from the microsoft site. Please see below.

    After you download the chm file,

    Right-click the CHM file, and then click Properties.
    Click Unblock.
    Double-click the .chm file to open the file

    Now you should be able to view the help files.

    regards,
    Saidu

    ReplyDelete
  10. Please HELP regarding (BILL WISE LEDGER)


    am using tally 7.2. was workin 100% perfect ......... but when i rewrite to recover data error.

    error gone n started workin again.

    but now am unable to print (BILL WISE LEDGER)
    even i cant see on screen (BILL WISE LEDGER)
    using shortcuts on tally gateway (D -> A-> L->) select LEDGER
    its not showing (DETAILED LEDGER)

    and the (BILL WISE) option on right side pane is disabled....

    please help me to sort it out.

    ReplyDelete

 

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