G.K.

M college of
engineering and
technology
Department of management
studies
Introduction to ACCOUNTS
Accounting is a practice of recording,
classifying, summarizing, analyzing and
interpreting the financial transactions and
communicating the results thereof to the persons
interested in such information.
Accounting cycle
 Tally
Accounting Package
 Advantages of tally
 Data reliability.
  Accuracy
 Data security.
 Good speed.
 Simple to use.
 Save time and reduce paperwork 
 Reports created by tally
 Balance sheet.
 Trial balance.
 Profit and loss account.
 Ratio analysis.
 Stock summary.
 Getting Started with Tally
On the home page of Tally screen ‘Create Company’ option
is available under the title ‘Company Info’.
 Create Company continue …
The next window is as follow :
 Conclusion

 So, we can conclude that tally is more

beneficial when compared to manual
accounting