Tally payroll questions and answers
Web26 Jan 2024 · An interviewer may ask this to learn how you keep up with policies to do your job effectively. Demonstrate your proactivity to learn about new laws and regulations. … Web24 Sep 2024 · Go to gateway of tally > Company info > Create company fill the details of company and press YES Press F11>Features >Accounting Features F1 Set maintain …
Tally payroll questions and answers
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WebTop 55+ Most Asked Tally Interview Questions and Answers 1) What is Tally, and where is it used? Tally is an accounting and inventory management software package mainly used to … WebQ.1: Accounting provides information on. 1) Cost and income for managers. 2) Company’s tax liability for a particular year. 3) Financial conditions of an institution. 4) All of the above. Show Answer and Solution. Q.2: Identify the Real account. 1) Discount account. 2) Rent Expenses account.
Web24 May 2024 · Here, the accounts are of 4 categories like Asset, Liability, Income/Gains and Expenses/Losses. What are the steps involved in recording the journal entry? 1. Identify the GL Accounts within the Financial transactions 2. Determine the appropriate classification of these GL Accounts as per Golden rules of accounting or Modern rules of accounting 3. WebPayroll FAQS What are some valuable payroll terms to know? Deductions: Wages withheld from an employee's earnings for the purpose of paying taxes, benefits and other mandatory items (e.g., garnishments) or voluntary contributions (e.g., charitable donations) Gross pay: Total pay before taxes and deductions
Web1 Apr 2024 · 5Payroll accounting in tally with Payroll Example in Tally 5.11) Goto Payroll Info 5.22) Create Employee Group : Payroll in Tally 5.33) Create Employee List 5.44) Create Units : Payroll in Tally 5.55) Create Attendance Register 5.66) Create Pay Heads 5.77) Create Salary Details : Payroll in Tally 5.88) Create Salary Payable Ledger Web11 Feb 2024 · Here are Tally interview questions and answers for fresher as well experienced candidates to get their dream job. 1) Explain what is Tally and where it can …
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WebIt is a complete, fully-integrated, Plug and Play business management software that handles all critical business needs, including: - Accounting, Finance management - Including Balance Sheet, P&L, Ratio Analysis - Banking transactions and reconciliation - Inventory management - Sales & Purchases Management - Order management and invoicing - Statutory … sluggish cognitive tempo barkleyWeb7 Mar 2024 · Purchase. Entries having Purchase A/c Debited like. Purchase A/c Dr. To Party. Purchase A/c Dr. To Cash. Sales. Entries having Sales Account Credited like. Party Dr. sluggish cognitive tempo and mathWeb4 Aug 2024 · TDS MCQ Questions and Answers. 6. Any person responsible for paying salaries shall be required to deduct tax at source at the average rate of income-tax computed on the basis of rates in force for the relevant financial year in which ___________. a) Payment is made. b) Account of employee is credited. sluggish cognitive tempo fact sheetWebHow open Configurations in Tally ERP 9. Gateway of Tally –> Press function key F12 or click on F12:Configure. The configuration screen contains multiple settings that helps to configure the required information for master creation, voucher entry, banking, printing, etc. The important settings that available on configurations screen are. General. sluggish cell phone keyboard responseWeb25 Aug 2024 · Answer: Tally ERP9 simplifies the day-to-day transactions and is relevant in compliance too. Advanced Tally is built-in with many useful features crucial to accounting … sojoy cushionWeb13 Oct 2024 · Here are a few payroll terms you should familiarize yourself with: Compensation: Everything you give employees in exchange for their work, like wages, … sojoy heated seats installWebPayroll Info: Step 1. Employee Group -> Single Group -> Create. (To be create the Department Name of the company) Step 2. Employees -> Single Employee -> Create. Step 3. Pay head -> create. (To be allocating the total allowances and deduction of company) sluggish child