What is Tally? Classification of Account & Rules of Accounting with example|| Part – 1

What is Tally? Classification of Account & Rules of Accounting with example|| Part – 1

Tally. ERP 9

What is Tally?

Tally is a financial accounting software package. It is a complete business accounting and inventory management software that provides various facilities like Government supported formats, multilingual operations, processing for small and medium businesses in India. Tally products are transforming businesses across industry in over 100 Countries.

Latest version is Tally. ERP 9.

Account

Profit, Loss, Purchases, Sales, Ram, Mohan, Bank, Cash, Computer, Machinery, Furniture, Assets, Deposit, Interest, Discount, Wages Etc.

Classification Of Account

1-Personal Account

2-Real Account

3-Nominal Account

1-Personal Account:-

वह खाते जो किसी व्यक्ति या संस्था के नाम से बनाए जाते हैं, वे Personal Account (व्यक्तिगत खाते) कहलाते है। जैसे- Mohit, Rahul, Bank, Abc Company, Capital, Drawing etc.

2-Real Account:-

वह खाते जो किसी वस्तु या सम्पत्ति आदि से सम्बन्धित होते हैं Real Account (वास्तविक खाते) कहलाते हैं। जैसे Cash, Computer, Machinery, Furniture, Assets etc.

3-Nominal Account:-

वह खाते जो लाभ-हानि, आय-व्यय, और क्रय-विक्रय से सम्बन्धित होते हैं Nominal Account (नाममात्र के खाते) कहलाते हैं। जैसे Interest, Discount, Wages, Purchases, Sales, Profit & Loss etc.

Rules of Accounting

Personal Account

1-Who is receiver ( पाने वाला) Debit

2-Who is given (देने वाला) Credit

Real Account

3-What come in (आने वाला) Debit

4-What goes it (जाने वाला) Credit

Nominal Account

5-Loss & Expenses (हानि, खर्चा) Debit

6-Profit & Income (लाभ, आय) Credit

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