Tally Blogs
Tally Solutions   Sep-01-2021
Accounting Fundamentals
Fundamentals of Accounting | Accounting Basics

Accounting is consolidating the financial transactions of a company that involves recording, analyzing, reporting & retrieving. Understand fundamentals of accounting.

Read More

Tally Blogs
Tally Solutions   Aug-27-2021
Expenditure Revenue Expenditure
Revenue Expenditure: Definition, Types & Example

Revenue expenditure is concerning fixed assets as it records the expenses which have occurred in connection to a fixed asset. Check what is revenue expenditure with types & examples.

Read More

Tally Blogs
Tally Solutions   Aug-26-2021
Payroll Payroll Process
How to Process Payroll | Payroll Process in Easy Steps

The payroll process is an essential activity in an organization with employees. Understand what is payroll process and how to process it in easy steps.

Read More
Tally Blogs
Tally Solutions   Aug-24-2021
Capital Lease
Capital Lease: Definition and Example

A capital lease is an agreement where the lessor has agreed that the ownership of the asset will be transferred to the lessee. Check what is capital lease with example & how it works.

Read More
Tally Blogs
Tally Solutions   Aug-17-2021
Audit Report
Audit Report: Definition, Types, Format, Tools And Sample

An audit report is a letter from the auditor of a company that is the result of the audit process. Let’s check the types of audit report with format.

Read More
Tally Blogs
Pratibha Devasenapathy   Jun-15-2021
accounts receivables Receivables management
Receivable Management: Meaning, Objectives, Importance

Receivables management defines the credit policy, setting payment terms, sending payment to follow-ups & timely collection of the due payments. Understand the objectives of receivables management with

Read More
Tally Blogs
Pratibha Devasenapathy   Jun-08-2021
Accounting Information System
Accounting Information System (AIS): Definition, Function and Types

A systematic process of collecting and processing of financial & accounting data is used by internal users to report information to investors, creditors & tax authorities is called AIS.

Read More
Tally Blogs
Pratibha Devasenapathy   Jun-04-2021
Purchase register
Purchase Register: Definition, Format and Example

A purchase register displays the information on the periodic purchases of a business concern. Let’s understand the format of purchase register with example & purchase register vs purchase accounts.

Read More
Tally Blogs
Pratibha Devasenapathy   Jun-04-2021
Asset Turnover Ratio: Definition, Analysis, Formula and Example

The asset turnover ratio is an efficiency ratio that measures and helps analyse a company’s ability to generate sales from its assets by comparing net sales with average total assets.

Read More
Tally Blogs
Pratibha Devasenapathy   Mar-02-2021
accounts payable Sundry Creditors
Sundry Creditors – Meaning and Example

Sundry creditor is a person who is responsible for the supplies of the goods or services to another business firm on credit basis. Let’s understand the meaning & example of sundry creditors.

Read More
Tally Blogs
Pratibha Devasenapathy   Feb-25-2021
Cost Centre
What is Cost Centre – Types, Purpose & Examples

Cost Centre is a separate department within a business to which costs can be allocated. Know the cost centre meaning, types & importance with examples.

Read More