Question :

Which of the following is not compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure

Answer : C

Description :


Stock Categories offers an alternative classification of Stock Items. Like stock Groups, classification is done based on similarity in behaviour. The advantage of Categorizing items is that you can classify the stock items (based on functionality) together – across different stock groups which enables you to obtain reports on alternatives or substitutes for a stock item. It is not Mandatory. For enabling Stock Category option in the Inventory Info menu, press F11 > Inventory Features > Set Yes for Maintain stock categories .


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In Tally, there are ________ predefined ledgers.


A) One
B) Two
C) Three
D) Four

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Related Questions - 2


Which shortcut key is used to view Report with all details in Tally


A) F1
B) Alt + F1
C) F3
D) Alt + F2

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Which file in tally is used to record the import activity


A) Tally.dat
B) Tally.ini
C) Tally.imp
D) None of the above

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B) Shut Company
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A ______ is sent to a customer when he returns the goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

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