Question :

Which of the following can be budgeted in tally


A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above

Answer : C

Description :


Nett Transactions and Closing Balance can be budgeted in tally.

 

‘On Closing Balance’ option is used to compare the closing balances of the Accounts with the budgets in the final statements. ‘On Nett Transactions’ is used to monitor the transaction amounts (not the balances) for a specified period.


Related Questions - 1


eTCS means


A) Enable Tax Collected at Source
B) Electronic Tax Collected at Source
C) Electric Tax Collected at Source
D) None of these

View Answer

Related Questions - 2


We can change the Company Information from


A) A Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these

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Related Questions - 3


Which option is selected from Company Info Menu to divide company data into two financial years


A) Change Tally Vault
B) Alter
C) Split Company Data
D) New Company

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Related Questions - 4


A Group Company is ________ given to the merged accounts of member companies of the group


A) a name
B) an identity
C) A and B
D) None of the above

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Related Questions - 5


How many primary groups are there in Tally


A) 19
B) 28
C) 15
D) 20

View Answer