The Bill of Material Configuration is used for ______ purpose.
The ______ displays monthly summary of the sales transaction and closing balance.
Creating ______ can help you classify employees based on parameters such as their job functions, departments, etc.
Inventory information contains the details of inventory masters.
In GST, all imports and unregistered supplies are earmarked as reverse charge mechanism.
Salary details can be defined in the ______ report.
______ refers to a document issued to an employee, which shows each component of his/her earnings and deductions and the net amount in a given pay period.
Which of the following is mandatory if a transporter is not GST registered?
Accounting is a process of systematically recording, classifying and ______ financial transactions.
______ are used to set the range of information to be displayed in a report.
The keyboard shortcut Ctrl+F12 helps you to perform which action?
Single Entry Accounting method is considered only for ______.
The options given here have pairings of shortcut keys and the functions these shortcuts perform. Which of these pairs is incorrect?
ISD stands for ______
To activate GST for your company, open the company and press __ Accounting Features > F3: Statutory & Taxation.
The taxpayer is eligible to avail ______ against the input tax.
Which shortcut keys will you press in conjunction to quickly create a company without using the mouse?
How can you create a Multiple Stock Category in Tally?
To record the reconciliation of a stock item, you need to use ______ voucher.
The Composite Dealer registered under GST needs to file ______.
______ are used to define a Pay Structure of an Employee or an Employee Group.
Which of these vouchers lists all transactions made on a particular day?
GST rate can be configured at ______.
Financial Accounting ______ and Cost accounting are the different branches of accounting.
You need to enable ___________ option to view the details of the transactions for which the payment instruction is being exported.
You can create a single ledger or multiple ledgers at a time.
Listed below are some of the features with their respective functions in Tally. Which of these options are incorrect?
Batch wise report is a kind of ______.
In case of FLAT or User-defined Salary method, attendance is not mandatory.
Under stock batchwise details, you can set the Manufacturing date but not the expiry date.
You cannot edit or delete a ledger in the display mode.
The GSTIN state code for Bihar is ____________ .
GSTR-2 shows statutory reports for purchase in Tally.
Bank Details can be configured in Ledger Master but not in Cost centre.
To record a rejected stock from the customer, you need to use ______.
Land (Fixed Assets) is subject to ______.
A Proprietor of business is also a/an ______ of the business.
You can set up the GST rates for your company using which option?
To view the GSTR-1 report, go to Gateway of Tally > Display > ____________ > GST > GSTR-1
To Open Contra Voucher, you need to click on ______ button.
Payroll Units can be either Simple or Compound.
What is the limit of words in the text part of an email?
A ledger created under the Provision group will appear under ______ by default in Tally.
As per the Income Tax Act, every corporate and government entity is liable for ______ of TDS.
Which of these is not a print format offered by Tally?
The summary of a transaction written at the end of the voucher or invoice is called as ______ in Tally.
To view the Ledger wise trial balance, you need to click ______ button in the trial balance report.
If your company is in Maharashtra, the GSTIN code will begin with “____”
The TDS Stat Payment option under Payment Voucher helps user to auto fill TDS detail for specific period of time.
Closing stock of current year becomes ______ stock of the next year.
You can record a late fee, interest, or penalty amount under GST using ______ voucher.
If you select a row from a column and accidentally press Alt+D, the column will be ____.
A building is an example of an intangible real account.
If you want to process any stat adjustment entry in Tally under GST, you need to go to Journal and then click ______.
To create salary details for Employee group, we have to follow:
Once GSTR1 is filed, it cannot be revised but can be amended.
Under GST, a dealer whose turnover is less than the recommended threshold amount for GST registration will be termed as an ______ dealer.
Goa is a Union Territory, hence SGST + UTGST is applicable within the intrastate supply in the state.
To edit or delete a stock group detail you need to go to ______.
ICAI has chosen Tally as the technology service provider.