FEATURES SETUP IN TALLY

ACCOUNTING FEATURES SETUP

In accounting we have to setup the as requirement the setup will be as follows:-

Click F11 than there will be three types of setup types

·      Accounting features: In this window the features are for only accounting purpose, if your department is related to only accounting or financial section you must use accounting features.

·      Inventory features: In this window the features are related to accounting with inventory, if you are a manufacturer of any type of goods or your business is related to goods you must use inventory features.

·      Statutory features: In this window the features are related to each & every taxation purposes, if your business is related by taxation or if you pay any type of tax to government than you must use statutory taxation feature.

With the help of these features we can maintain our accounts properly in Tally.