What do you understand by Tally ERP 9?

Answer:
The most popular software among various financial
accounting softwares that are available in the market is Tally.
The latest version of software is Tally ERP 9. It facilitates the
owners of thebusiness to manage their business very smoothly.
It hâs been designed by considering the requirements of Indian
businessman which is having various key additions based on
its functioning.
 What is the Unit of Measure?
Answer:
Unit of Measure
The way of measurement differs from stockto stock. Therefore,to set unit of measurement for each stock unitsof
measure' option is used.
Displaying Unit of Measure
To display units of measure,
Step-1: Open Tally. ERP 9.
Step-2: Click on 'Select Company' and select any company of your choice in which units were created.
Step-3: Select Inventory Info.
Step-4: Click on Units ofMeasure.
Step-5: Click on display and select any unit of measure from units list.
 How to create asingle stock group?

Answer:

Creation of Stock Group

There are two steps to create stock groups in Tally ERP 9 which are as follows,
Creation of Stock Group

Creation of Creation of
Single Stock Multiple Stock
Group Group

Figure: Creation of Stock Group

(0) Creation of Single Stock Group

The steps for creating a single stock group are as follows,
Step-1: Double chck on Tally. ERP 9 icon to open it.
Step-2: From the Company Info', click on 'Select CompaDy'.
Step-3: After selecting company of your choice, you will get a dialog boxGateway of Tally'. From this dialog box, click on
'Inventory Info'.
Step-4: Under Inventory Info', clíck on Stock Groups'. The following dialog box will appear on the screen.
 will.
Step-5: Click on 'Create'under Single Stock Group. You
get the following screen.
Step-6: Click on Yes' or press Enter to Accept.
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Accounts Receivables (A/R)
Accounts receivables are the outstanding amount which a
afier suppying goods or services on credit. These are consideredcompany or trader has to receive from their customers (debtors)
as assets of the company and recorded in company's balance
sheet (asset side).
 Explain about the Day Book.
Answer:
All the transactions carried out in a particular day are listed in the Day Book and it displays by default the last voucher
entry date of aregular voucher. It can also be set to list all transactions carried out in a specific period. The transactions consist
of all financial vouchers, reversing and memorandum journals and even inventory vouchers.
The Day Book in Tally. ERP9 is displayed by default for the current date i.e., as on the last date of voucher entry.The
required period can be specified as per requirements. Creation of Day Book involves creation of ledgers and then different types
of vouchers.
 What is MIS? What are the advantages of MIS Reports?

Answer:
Management Information System (MIS)
processing, storing and distributing
Management Information System (MIS) is a system that is responsible for collecting, incorporate a collectior
information that is needed for performing the functions ofmanagement such as decision making. The MIS
decision making.
of computer-based systems and certain procedures that are implemented for facilitating managers in
MIS isa discipline that covers the application ofpeople, technologies and procedures for solving business related problem: