Book from the house of Tally is a comprehensive guide explaining the fundamentals of Accountancy, its terms, concepts, right up to the double-entry system of accounting.It explains you accounting using Tally and shows you how simple it is to understand to download and install Tally in the system and different types of licenses. Further, you will learn about the Chart of Accounts and get to know how simple it is to create, alter and display the Chart of Accounts such as, Ledgers, Groups, Stock Items and Units of measure creation. Then you will get to know the recording accounting transactions and how to record transactions such as Receipt, Contra, Payment, Purchase, Sales, Debit Note, Credit Note, and Journal Vouchers with the practical scenarios.In further chapters you will cover all Final reports in Tally which are Trial Balance, Balance Sheet, Profit & Loss account, Cash Flow Statement, MIS reports like Daybook, Receipts & payments, purchase & sales register etc.Book is enriched with numerous screenshots, solved illustrations and practice scenarios to help candidates experience the simplicity of working on TallyPrime.