On entering the vouchers, Tally.ERP 9 uses the same data and provides you with the management control reports in addition to all books and statements. The display of information is designed to allow a user to get the maximum benefit of the data that is entered.
The display screens of Tally.ERP 9 are dynamic and interactive. They are not spooled print files but are specially designed for the screen. What you see on the screen can be printed as well depending upon your printer’s capabilities.
After going through this unit, you will be able to:
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Modify reports
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Configure the Balance Sheet
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View the Profit and Loss Account
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Define stock summary
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Understand the purpose of a trial balance report
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List the transactions of a day book
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Generate different types of books of account
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Explain the exception reports available in Tally.ERP 9
Only the Balance Sheet and Profit & Loss Account are displayed directly from the Gateway of Tally.ERP. Tally.ERP accords these statements the highest importance.
The Day Book contains all the vouchers for the day, including inventory vouchers. Its purpose is to show you a day’s transactions.
The List of Accounts gives the tree structure of all your masters, namely, Groups, Ledgers, Stock items, Cost Centres, Currencies, etc.
Exception Reports are reports that track unusual transactions or balances.
To display Report in Tally.ERP9, go to the following category of Reports:
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