Chapter 17 of 17
Revision Notes
Introduction to Tally — Revision Notes
NIOS · Class 10 · Accountancy
Introduction to Tally revision notes for NIOS Class 10 Accountancy: 4 topics in quick points. Part of the NIOS Class 10 Accountancy syllabus.
60 questions38 flashcards5 concepts
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Key Topics to Revise
1
Meaning of Tally
- Tally is a financial accounting software package designed by Tally Solutions.
- It is used by over 2 million users in 90 countries.
- Tally ERP 9 is the latest version to date.
2
Features of Tally
- Tally maintains primary books of accounts like Cash Book and Bank Book.
- Tally maintains registers like Purchase Register, Sales Register and Journal Registers.
- Tally maintains statements of accounts including Balance Sheet, Profit and Loss A/c, Trial Balance, Cash Flow, Stock Statement, and Ratio Analysis.
3
Getting Started with Tally
- Tally.ERP 9 is installed on the computer before use.
- The user can specify the data directory location and install the program file on any drive.
- It does not take more than a minute to install Tally.ERP 9 on the local hard disk and uses up only about 40 MB of space.
4
Creating a Company in Tally
- After installing Tally, the first task is to create a company.
- In Tally, the term company signifies an entity for which an independent set of accounts is maintained.
- A company may be a company, a partnership firm, an industry, or even a branch office.
Get complete notes with diagrams and examples
Full NotesKey Concepts
Tally is accounting software designedTally ERP 9 is the latestTally maintains primary books like CashIn TallyThe Create Company option is found
Frequently Asked Questions
What are the important topics in Introduction to Tally for NIOS Class 10 Accountancy?
Key topics in Introduction to Tally include Meaning of Tally, Features of Tally, Getting Started with Tally, Creating a Company in Tally. Study these first, then practise questions on each for the NIOS Class 10 board exam.
How should I revise Introduction to Tally for the NIOS Class 10 board exam?
Learn the core ideas first, then work through the 60 practice questions on Introduction to Tally. Revise definitions regularly and use flashcards for quick recall before the exam.
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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