Gateway of Tally

Gateway of Tally:

Overview of gateway of tally

• Masters
• Transactions
• Import
• Reports

1. Masters→ in masters we can create ledgers by using accounts info and also we can create groups.
2. Transactions→ by using this transactions we can create vouchers, such as contra vouchers, receipt vouchers, payment vouchers, journal vouchers etc.

Types of Vouchers:

• Contra vouchers (f4): in this contra voucher we should post any cash deposits into bank and cash withdraws for office use.
• Payment vouchers (f5):in this voucher we can post all cash and bank payments.
• Receipt vouchers (f6): we can enter all cash receipts and bank receipts under receipts voucher.
• Journal vouchers (f7): in this voucher we should post all the credit transactions ex: credit purchases from Chandra, sales to ramu etc.
• Purchases vouchers (f9).
• Sales vouchers (f8).

1. Import: we can import the data of other company.
2. Reports: we can view the balance sheet, profit&loss, ledger closing balances.