Top 25 Tally Interview Questions – JBK Academy

Are you preparing for a job interview that involves Tally? Whether you’re a fresher, an accountant, or an experienced professional upgrading to TallyPrime, these common interview questions and answers will help you feel confident and ready.

Tally is one of India’s most trusted accounting software tools. It’s used by small businesses, medium enterprises, and large corporations alike. Its features cover accounting, inventory, taxation (including GST), payroll, and more. So, knowing how to use Tally efficiently is a must-have skill for many accounts and finance roles.

To help you crack your next interview, we’ve compiled the top 25 Tally interview questions along with detailed answers to brush up on your knowledge.

1. What is Tally?

Tally is an accounting software program that helps businesses maintain their books of accounts efficiently. It automates tasks such as bookkeeping, inventory management, payroll, and GST compliance.

2. What are the popular versions of Tally?

Over the years, Tally has evolved through various versions — Tally 4.5, 5.4, 6.3, 7.2, 8.1, 9, Tally ERP 9, and the latest TallyPrime.

3. What is TallyPrime?

TallyPrime is the upgraded version of Tally ERP 9. It has an enhanced user interface, simplified processes, better search functionality, improved invoice generation, and seamless GST compliance.

4. What types of accounts are maintained in Tally?

Tally maintains three main types of accounts:

• Personal Accounts (accounts of persons or organizations)

• Real Accounts (assets)

• Nominal Accounts (expenses, incomes, losses, gains)

5. What is a ledger in Tally?

A ledger is the primary accounting head used to record transactions. Examples include Cash A/c, Sales A/c, Purchase A/c, Salary A/c.

6. What is a group in Tally?

A group in Tally is a collection of ledgers of the same category. For example, all debtors can be under Sundry Debtors, creditors under Sundry Creditors, and so on.

7. How many pre-defined groups does Tally have?

Tally comes with 28 pre-defined groups, with 15 primary groups and 13 sub-groups to help organize accounts systematically.

8. What is a voucher in Tally?

A voucher is a document used to record a transaction in Tally. Vouchers ensure that entries are categorized correctly.

9. Name some commonly used voucher types.

• Payment Voucher

• Receipt Voucher

• Contra Voucher

• Journal Voucher

• Sales Voucher

• Purchase Voucher

• Debit Note

• Credit Note

10. How do you create a company in Tally?

To create a company:
Gateway of Tally → Create Company → Fill in company details → Accept.

11. How do you enable GST in Tally?

Go to:
Gateway of Tally → F11: Features → Statutory & Taxation → Enable Goods & Services Tax (GST) → Enter GST details.

12. What are some important shortcut keys in Tally?

• F4: Contra Voucher

• F5: Payment Voucher

• F6: Receipt Voucher

• F7: Journal Voucher

• Alt + F8: Sales Voucher

• Alt + F9: Purchase Voucher

13. Can Tally generate GST-compliant invoices?

Yes, Tally can create fully GST-compliant invoices, including tax bifurcation, HSN/SAC codes, and auto-calculation of CGST, SGST, IGST.

14. How do you view the stock summary in Tally?

Gateway of Tally → Stock Summary.
It shows available stock, closing stock value, item-wise details, etc.

15. What is a cost center in Tally?

A Cost Center is used to track expenses and incomes for a specific department, branch, or project. This helps in budgeting and performance analysis.

16. What is the difference between Contra and Journal Vouchers?

• Contra Voucher: Used for internal fund transfers like Cash to Bank or Bank to Cash.

• Journal Voucher: Used for non-cash adjustments such as depreciation, provision entries, or rectification entries.

17. How do you back up company data in Tally?

Gateway of Tally → Alt + F3: Company Info → Backup → Select Source & Destination → Create Backup.
Regular backup ensures data security.

18. What is TDS in Tally?

Tax Deducted at Source (TDS) is a feature in Tally that helps in the calculation, deduction, and statutory compliance of TDS rules.

19. What is Payroll in Tally?

Tally’s Payroll module manages employee salaries, deductions, statutory payments like EPF & ESI, and generates payslips.

20. What is Bank Reconciliation in Tally?

The Bank Reconciliation Statement (BRS) helps match company bank ledger entries with actual bank statements to identify any differences.

21. Can you import and export data in Tally?

Yes, Tally supports importing/exporting data in XML, Excel, and CSV formats — useful for audits and data transfer.

22. What is the Gateway of Tally?

The Gateway of Tally is the main screen from where you can navigate to create ledgers, vouchers, view reports, and access features.

23. Is it possible to set passwords in Tally?

Yes, you can secure company data by setting user-level passwords and admin controls.

24. What are Debit Notes and Credit Notes?

• Debit Note: Used for purchase returns.

• Credit Note: Used for sales returns.

25. How do you generate financial reports in Tally?

Gateway of Tally → Display → Financial Statements → Access Profit & Loss Account, Balance Sheet, Trial Balance, Ratio Analysis, and Cash Flow reports.

🎯 Pro Tip: Practice, Practice, Practice!

Learning Tally theoretically is good — but hands-on practice is what makes you job-ready. Install TallyPrime (educational mode is free) and practice creating companies, ledgers, vouchers, GST entries, and generating reports.

💡 Final Thoughts

Whether you’re preparing for your first accounting job or switching to a new role, these 25 Tally interview questions and answers will help you face the interview panel with confidence.

📚 Tip: Be ready with practical examples, shortcuts, and a clear understanding of how Tally integrates with GST.

✅ Ready to upskill?
If you’re looking for hands-on Tally training, consider enrolling in JBK Academy Tally course to get practical experience with real-world case studies.

Good luck! Go ace that interview and build a successful career in accounting and finance!