The term Assessment in education refers to a wide range of methods or tools used by educators to evaluate, measure and, document students' academic readiness, learning progress, mastery, or development level, in a particular topic in the relevant field. The Interview Assessment enables an employer to assess the candidate's knowledge level by some of the questions on topics commonly used in their business. Practicing well these assessments on Interview Questions or Mock Tests, allows the candidate to be considered for higher-paying positions. And the general Mock Tally Assessment allows the candidate to evaluate himself about the level of knowledge in Tally, so as to make further developments. 

​So, here we give below some of the Interview Questions & Answers and the Tally Mock Test for your practice. 

Tally Interview Questions and Answers

You've come to the right location if you're looking for Tally Interview Questions and Answers. Many reputable businesses around the world offer numerous opportunities. Accountants, Finance, and other related positions are in high demand and need a basic understanding of commerce and accounting at the HSC or graduate level, with additional knowledge in Tally. So, equip yourself with some of the Tally Interview Questions and answers available here.  Further our Placement cell will be guiding and assisting you with more Interview skills, tips, etc., to develop your career in this field. 

1. Define Tally.

Tally is an accounting software package used for recording day to day business data of a company.

2. Describe what Tally is and how it can be used.

Tally is accounting software designed to automate and integrate all business operations, such as sales, finance, manufacturing, purchasing, and inventory. It is used for recording the day-to-day business data of a company. Tally has simple-to-use accounting features that enable you to record business transactions easily. Through developing and managing masters, vouchers, and creating reports, you can keep track of all of your business's transactions. You can also perform and manage all of your company's major accounting operations.

3. Tell us about the main difference between Tally.ERP 9 and TallyPrime?

In Tally.ERP 9, Data can be accessed from the data path, shortcut keys are Ctrl+Alt+C, etc., No feature available, all the details are needed to be filled up in the supplementary details, invoices are printed on multiple sheets, Updating of any detail regarding the product requires going through all the items.

In TallyPrime, Data can be accessed from any path or drive, the shortcut keys are global, special feature, GO TO available for checking reports and files, only the necessary details are needed to be filled up in supplementary details, invoices can be printed on single paper with proper optimization, to update any information one can go to transactions and click More details.

4. Mention the features that are available in TallyPrime for Accounting?

Tally accounting software provides a solution around inventory management, stock management, purchase order management, invoicing, , discounting, stock valuation methodology, etc. Tally accounting software also comes with drill-down options that can track every detail of a transaction.

5. What are the functional enhancement features included in TallyPrime?

E-mailing option - Users can send accounting reports to multiple recipients and many features like backup, restore email, and data migration. Taking the backup of data refers to the process of storing the data in another location of your computer or in an external source storage media such as a CD or pen drive.

6. What are the pre-defined ledger available in TallyPrime?

There are two pre-defined ledgers that are available in TallyPrime i.e. Profit & Loss a/c and Cash ledgers.

7. What are the types of ledger you can make in TallyPrime?

Ledgers are the actual account head to identify your transactions and are used in all accounting vouchers. For example, purchases, payments, sales, receipts, and others account heads are ledger accounts. Without a ledger, you cannot record any transaction. 

8. Mention the shortcut to repeat the narration on a voucher?

Ctrl+R is the shortcut used to repeat the narration on a voucher. 

9. What are the types of vouchers in TallyPrime?

Voucher types in Tally Prime can be categorized as Journal, Purchase, Sales, Payment, Receipt, Contra, Inventory Vouchers, Order Vouchers, and Non-Accounting Vouchers.

10. What information does the directory store, when you create a company in TallyPrime?

All the data you entered in TallyPrime will be stored in the tally directory. By default, the location of the data files is set to C:\Users\Public\TallyERP9\Data. Specifically, enter the path of your choice if the data files are stored in another directory/folder.

11. Name the shortcut key to recall the Last narration saved for the first ledger in the voucher?

Alt+R  is the shortcut key to recall the last narration stored for the first ledger in the voucher.

12. What is Trial balance and how you check it in TallyPrime?

The Trial Balance in TallyPrime is a summary of all the ledger balances. It helps to check if the transactions are balanced and correct. If the journal entries are error-free and posted correctly to the general ledger, the total of all debit balances should be equal to the total of all credit balances.

13. How will you view the Books of Accounts in Tally Prime?

Gateway of Tally > Chart of Accounts > Ledger > and press Enter. Alternatively, press Alt+G (Go To) > type or select Chart of Accounts > Ledger > and press Enter.

14. List out the options available in Account Books Menu in Tally Prime?

Ø  Bank Book (s)

Ø  Cash Book (s)

Ø  Ledger

Ø  Group Summary

Ø  Sales Register

Ø  Purchase Register

Ø  Journal Register  etc.

15. Describe the features of TallyPrime that you can use to convert encrypted data?

To convert data in encrypted form in TallyPrime, you can use the function Tally Vault.  To use Tally Vault you to go to the gateway of Tally and press F3 and there you can select the company for which you want to encrypt the data.  Only persons having valid passwords can view those encrypted data.

Mock Assessment on Tally (Tally Mock Test)

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Free TallyPrime Online Practice Test in English! ​                                                                                                                                                    

​​Now is the time to take the Free Tally Online Test to assess your readiness for the Tally online exam 2021 conducted by Tally Education, additionally to the Tally Online Training provided by eStaarMax.

​Attending the Online Certification Exam conducted by Tally Education will be an added value if you are trying to find accounting jobs; this exam validates your Tally knowledge. For this, the eStaarMax team provides a variety of Tally MCQ with Tally questions and answers in English.

​​​Online Tally Practice and Preparation Tests are available for free, allowing all aspirants to strengthen their Tally skills. Take the Tally Prime Mock test at home to assess your abilities. ​Attend the Mock Assessment Online in Tally now, to increase your chances of up-skilling yourself and landing your dream job!!

​​Once you attend this Tally Practice Test through the link, your score and the correct answers will be sent to your mailbox.

Just Click on the link below to assess your Tally Skill!

Tally Mock Assessment