Tally Prime: What Is It?
The business accounting programme Tally Prime was created by the multinational Indian corporation Tally Solutions Private Limited. It is the most recent version of Tally, a programme used for accounting, payroll, banking, and tax purposes as well as inventory management and accounting. Tally Prime is intended to make complicated accounting activities simple and to assist companies in effectively managing their financial records and transactions.
Invoicing, purchase order management, GST compliance, multi-currency support, budgeting and forecasting, among other features and functions, are all available with Tally Prime. Small, medium-sized, and big businesses in a range of sectors, including manufacturing, commerce, retail, and services, utilise it. Tally Prime can be tailored to a business’s unique requirements and is available in a variety of languages.
There are a few tips and tactics to keep in mind when using Tally Prime to help you operate more quickly and efficiently. In order to make your experience with Tally Prime easier, we have included a few of them:
Go To Feature
You can instantly reach any report or Tally Prime feature you wish to utilise by using the Go To option in the top menu. Every screen accessed using Go To will open on the top of your current screen, and dismissing the screen will return you to the previous screen.
Pressing Ctrl+G while working anywhere can instantly do this.
For example: If you want to quickly view your Balance Sheet while dealing with vouchers, simply press Ctrl+G and choose Balance Sheet to appear. If you then hit escape, you will return to the previous voucher you were working on. This saves you both time and effort.
Switch To Feature
If you need to check the Day Book or make a Voucher using the Gateway of Tally choices, you will need to press Esc four times to get to the Gateway of Tally. Finally, select Day Book or Vouchers > Create.
Alternatively, use Ctrl+G and then select Day Book or vouchers to swap your screen. When you use the Escape key, you will be sent to the Gateway of Tally rather than the page you were previously working on.
Altering the Ledger
Go to Gateway of Tally > Accounts Info > Ledgers > Alter > Press Alt+D (if you want to delete the voucher). This is the casual way to alter ledger in Tally Prime. Isn’t it too long to carry on.
Alternatively, while working in vouchers, just press Ctrl+Enter while maintaining the pointer over the ledger you want to alter and then alter the ledger. To remove the ledger, hit the Alt+ D key.
Hiding the Entry in Day Book
There is always a chance that you could need to hide any of your Day Book entries for any important purpose at some point. It only takes 2 steps to complete this:
Step1: Choose the vouchers or entries you wish to hide.
Step2: Press Ctrl+R.
Selected Entries will instantly disappear.To Unhide:
After choosing the entries you wish to make visible again, Press Ctrl+U.
Selecting all Entries of the Day Book
Rather than holding the Shift and Arrow keys for an extended period of time, you can use Ctrl+Space to select and deselect all of the entries in the Day Book in one go.
Jump Straight to the Day Book’s End or Start
Use Ctrl + End and Ctrl + Home to go directly to the end and the beginning of the day book, respectively, instead of repeatedly clicking Enter.
Detailed Day Book
It can be hard to get a thorough understanding of the entries displayed in a Day Book. But, we can access this by just pressing Alt+F1. This will show you a thorough Day Book.
Tally Vault Password Recovery
Using Ctrl+Alt+R will open the Tally.exe programme, which will allow you to reset your TallyVault password if you’ve lost it. You can then input your email address to access the retrieval password at the recovery page after doing this.
The Closing Balances of each item in the specified category are listed in the Stock Category Summary. Gateway to Tally > Display More Reports > Inventory Books > Stock Category Summary. Instead, use Alt+G (Go To) > type Stock Category Summary or choose it, then press Enter.
Some Predefined Instant Shortcut Keys
|Shortcut Keys||Function||Location in TallyPrime|
|F4||To add Contra Entry||F10 > Accounting Vouchers|
|F5||To enter Payment Entry||F10 > Accounting Vouchers|
|F6||To open Receipt Voucher||F10 > Accounting Vouchers|
|F7||To open Journal Voucher||F10 > Accounting Vouchers|
|CTRL+F7||Open Physical Stock||F10 > Inventory Vouchers|
|F8||Open Sales Voucher||F10 > Accounting Vouchers|
|CTRL+F8||To Open Sales Order||F10 > Order Vouchers|
|F9||Open Purchase Voucher||F10 > Accounting Vouchers|
|CTRL+F9||To Open Purchase Order||10 > Order Vouchers|
|Alt+F6||Tally Shortcut for Credit Note||F10 > Accounting Vouchers|
|ALT+F5||Tally Shortcut for Debit Note||F10 > Accounting Vouchers|
|Ctrl+F4||To Open Payroll Voucher||F10 > Payroll Vouchers|
|Ctrl+F6||Open Rejection In voucher||F10 > Inventory Vouchers|
|Ctrl+F5||Open Rejection Out voucher||F10 > Inventory Vouchers|
Across Tally prime:
|Shortcut Keys||Function||Location in TallyPrime|
|ESC||Used to exit screen or revert to the previous screen after closing the current open screen|
Removes inputs that are provided or selected for a field
|CTRL+ALT+R||Repair Company (in case of data retrieval or repairing any company data)||N/A|
|ALT+F4||This is the shortcut key to quit from TallyPrime||N/A|
|CTRL+ALT+B||To view the Build Information||N/A|
|CTRL+A||To save or accept a screen N/A||N/A|
|ALT+Enter||To expand or collapse a group in a table N/A||N/A|
|CTRL+End||Moves cursor to the last field or last line||N/A|
|CTRL+Home||To move to the first line or first field N/A||N/A|
|CTRL+N||To hide or open calculator panel||N/A|
|ALT+M||This tally shortcut key opens the email menu: sending transactions, reports or current voucher||Top Menu|
|ALT+K||Open Company top menu||Top Menu|
|ALT+Y||To open the list of actions that are applicable to maN/Age the data of the company||Top Menu|
|ALT+Z||TallyPrime shortcut key to Exchange Company Data. Provides options for data synchronisation||Top Menu|
|ALT+G||Opens a report and creates masters and vouchers in the flow of work||Top Menu|
|ALT+O||To open the Import menu: importing masters, transactions, and bank statements||Top Menu|
|ALT+E||To open Export menu: exporting masters, reports, transactions or current voucher||Top Menu|
|ALT+Z||Zoom-to-zoom-in while on print preview (for vouchers and reports) Top Menu||Top Menu|
|F1||To open Help menu Top Menu||Top Menu|
|F11||Opens the Company Features screen – Top Menu||Top Menu|
|CTRL+P||Print: To print current report or voucher Top Menu||Top Menu|
|CTRL+G||To switch to a different report, and create vouchers and masters-Top menu||Top Menu|
|CTRL+F1||To open TallyHelp (based on the context of the screen that is displayed) Top Menu||Top Menu|
|CTRL+W||To select data entry language applicable to all screens Top Menu||Top Menu|
|F2||To change the date of voucher entry or to change period for reports Right Button||Right Button|
|F3||Change Company: Switches to another company from the list of open companies Right button||Right Button|
|CTRL+F3||To shut the currently loaded companies Right Button||Right Button|
|ALT+F3||Selects or opens other company present in the same folder or any other data path||Right Button|
|ALT+F2||To change the system period for reports Right Button||Right Button|
|CTRL+Q||Exit the screen or the application Bottom Bar||Bottom Bar|
The Wrap Up
In conclusion, knowing how to use Tally can be a useful skill for handling money in a range of businesses. With practise and commitment, even novices can become adept with the programme. The shortcuts described above can assist you in completing your chores quickly and accurately. If you are looking to learn Tally, ESS institute, Dwarka is one of the top Tally Institute in Delhi. You can join and learn offline as well as online tally course at Rs. 1
So let’s explore and learn.