TALLY Prime

Tally Prime Quiz – Introduction

Welcome to the Tally Prime Quiz, a platform designed to test and enhance your knowledge of accounting, finance, inventory management, and GST compliance using Tally Prime, one of the most widely used business accounting software in India.

This quiz will cover:

• Accounting Principles: Ledgers, vouchers, journal entries, and reports.

• Advanced Features: Cost Centres, Budgets, Optional Vouchers, and Audit Trail.

• Inventory & Manufacturing: Stock management, BOM, Godown tracking, and valuation methods.

• GST & Compliance: Tax calculation, returns, input tax credit, and reverse charge mechanism.

• Banking & Payroll: Bank Reconciliation, cheque printing, PF/ESI, and payroll compliance.

The objective of this quiz is to:

1. Evaluate your understanding of Tally Prime features.

2. Encourage practical knowledge and problem-solving using Tally.

3. Enhance your speed, accuracy, and confidence in handling accounting and compliance tasks.

Instructions:

• The quiz consists of multiple-choice questions (MCQs).

• Choose the most appropriate answer from the given options.

• All questions are compulsory.

• There is no negative marking, so attempt all questions.

Get ready to test your Tally skills, sharpen your knowledge, and emerge as a Tally Prime champion!