Tally Voucher Online Test, Tally Voucher MCQ, Tally Questions

The accounts information lists accounting masters like groups , ledgers and voucher types with which you can provide company’s account details.

Accounts information provides:
● Single master option to work with one master at a time.
● Multiple masters option to work with many sub-masters at a time. A sub-master behaves exactly like a master.

To access the accounts information
1. Go to Gateway of Tally > Accounts Info.

Explanation:–
Optional Vouchers are an existing voucher, such as a payment voucher or a receipt voucher, can be marked as optional. When a voucher is marked as Optional , it does not get posted. An optional voucher is not a separate voucher type.

To mark a voucher as optional, press CTRL + L from the voucher. The button toggles between regular and optional.

A
ledger account
contains a record of business transactions. It is a separate record within the general
ledger
that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of
ledger accounts
are: …
Accounts
payable. Accrued expenses.

An
account
is called a
ledger
in
accounting
language. For example, a
Tally Ledger
for GST is normally called GST
Account
in
Tally
or outside
Tally
when we are having a normal conversation

Explanation:-
A voucher is a document that contains details of a financial transaction and is required for recording the same into the books of accounts. For every transaction, you can use the appropriate Tally voucher to enter the details into the ledgers and update the financial position of the company.

To record a purchase voucher with multi-currency
Go to Gateway of Tally > Accounting Vouchers / Inventory Vouchers > F9: Purchase .

Explanation:-
Statistics of Vouchers (TCS)

This section displays the total number of transactions pertaining to a period which are categorised as Included , Excluded and Uncertain Transactions .
1. Total Number of Transactions : Drill-down on this item to view the Statistics report comprising of voucher types with the corresponding voucher count. The total count of vouchers displayed for the Total Number of Transactions row is categorized as Included , Excluded and Uncertain Transactions with the voucher count against each of the categories.
2. Included Transactions : Displays all vouchers that have the requisite information in their corresponding masters and transactions to comply with the requirements for filing the returns. These vouchers will be a part of TCS forms as applicable.
3. Excluded Transactions : Displays the count of all vouchers which are not a part of returns. As TCS details are not provided in these transactions, there will be no implications on forms and annexures.
4. Uncertain Transactions : Displays the count of all vouchers with insufficient information. These vouchers contain TCS related information and are not included in the count of Included Transactions and Excluded Transactions .

Explanation:-
Recording a Journal Voucher for TDS Adjustment in GST

The government or government agency can deduct TDS on the goods and services received. The deductee, who has supplied the goods or rendered the service, can claim the TDS amount as tax credit. You can record a journal voucher to adjust the TDS amount.

To record a journal voucher for TDS adjustment

1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal .

2. Click J : Stat Adjustment .

3. In the Stat Adjustment Details screen, select the options as shown below:

Explanation:-
Accounting vouchers are used to record all accounts-related transactions in Tally.ERP 9. You can selectively set the configuration for entry to allow only those features, which you require while entering vouchers.

You can cancel a voucher from a report like, Daybook,Ledger, sales voucher etc. Select the voucher you want to CANCEL and click on CANCEL BUTTON or press ALT+X. Tally will ask cancel confirmation,click on Yes or press enter to cancel.