Tally Accountant Interview Online Test
Tally Accountant HR interview questions and answers are highly important for candidates applying for accounting, finance, and bookkeeping roles across companies and small-to-medium businesses. In HR rounds conducted by TCS, Infosys, Wipro, Capgemini, and accounting service firms, interviewers test your understanding of accounting principles, GST, billing, Tally ERP9/Tally Prime, reconciliation, ledger management, and error-free data entry. They also assess how effectively you communicate financial information, maintain accuracy, and handle confidential business data with responsibility.
HR managers often ask situational and behavioral questions to understand how you deal with deadlines, audits, customer queries, and financial discrepancies. Preparing these HR round questions with answers helps you perform confidently in interviews, especially if you are a fresher or transitioning into an accounting career. This guide includes the most commonly asked questions to help you practice, understand employer expectations, and present your accounting skills clearly during interviews.
Accounting professionals should enhance their technical abilities by mastering MS Office applications and understanding data entry operations.
1. What is Tally
Answer: Tally is an accounting software used for financial management
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2. What is the use of Tally
Answer: Tally is used for maintaining accounts and financial statements
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3. What are the features of Tally
Answer: Tally offers features like accounting, billing, and inventory management
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4. What is a voucher in Tally
Answer: A voucher is a document used to record transactions
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5. How to create a new company in Tally
Answer: You can create a new company using the company setup option
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6. What is a ledger
Answer: A ledger is a record of all transactions related to a particular account
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7. What is the difference between revenue and profit
Answer: Revenue is total income while profit is what remains after expenses
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8. What are the types of vouchers in Tally
Answer: Types of vouchers include payment, receipt, and journal vouchers
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9. How to generate reports in Tally
Answer: You can generate reports using the report section in Tally
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11. How to calculate GST in Tally
Answer: You can set GST rates in your company settings and apply them to transactions
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12. What is a balance sheet
Answer: A balance sheet shows the financial position of a company at a particular time
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13. What is a cash flow statement
Answer: A cash flow statement shows the cash inflow and outflow of a company
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14. What is TDS
Answer: TDS is Tax Deducted at Source, a means of collecting income tax
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15. How do you close books in Tally
Answer: You can close books by generating final accounts and approving them
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16. What is bank reconciliation
Answer: Bank reconciliation is the process of matching bank statements with accounting records
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17. What is inventory management in Tally
Answer: Inventory management keeps track of stock levels and costs
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18. How to handle multiple currencies in Tally
Answer: You can enable multi-currency feature in the company settings
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19. What is the difference between gross profit and net profit
Answer: Gross profit is sales minus cost of goods sold; net profit is total revenue minus all expenses
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20. What is a trial balance
Answer: A trial balance is a statement that lists all the balances of the ledgers
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21. How to treat foreign exchange gains and losses in Tally
Answer: You can record them under appropriate income or expense accounts
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22. What is the purpose of a journal
Answer: A journal records all transactions in chronological order
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23. What are Tally shortcuts
Answer: Tally has various shortcuts to increase efficiency, like F1 for help
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24. How to create invoices in Tally
Answer: You can create invoices using the sales entry menu in Tally
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25. What is the importance of audit in Tally
Answer: Audit helps ensure the accuracy and reliability of financial statements
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26. What is depreciation in accounting
Answer: Depreciation is the reduction in the value of an asset over time
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27. Explain the steps to create a ledger in Tally
Answer: To create a ledger in Tally, go to Accounts Info, then select Ledgers, and click on Create. Fill in the details and save it
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28. Describe how to generate a profit and loss statement in Tally
Answer: To generate a profit and loss statement, go to the Reports menu, then select Profit & Loss A/c
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29. How to record a purchase entry in Tally
Answer: To record a purchase entry, go to Accounting Vouchers, select Purchase Voucher, fill in the details and save it
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30. Explain the process of bank reconciliation in Tally
Answer: To reconcile bank statements, go to Banking, select Bank Reconciliation, and match the entries with the bank statement
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31. Describe the steps to manage inventory in Tally
Answer: To manage inventory, go to Inventory Info, select Stock Groups or Stock Items, and enter the necessary details
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32. How to create a GST report in Tally
Answer: To create a GST report, go to the Reports section, select GST, and then generate the report by selecting the period
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33. Explain the procedure to create a journal entry in Tally
Answer: To create a journal entry, go to Accounting Vouchers, select Journal, and enter the transaction details
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34. Describe how to generate a balance sheet in Tally
Answer: To generate a balance sheet, go to the Reports section, select Balance Sheet, and view the financial position
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35. How to pass a contra entry in Tally
Answer: To pass a contra entry, go to Accounting Vouchers, select Contra, and enter the details of the transaction
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36. Explain the process of grouping ledgers in Tally
Answer: To group ledgers, go to Accounts Info, select Groups, and create or alter groups as needed
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37. Describe the steps to maintain payroll in Tally
Answer: To maintain payroll, go to Payroll Info, create Employee Groups and Employees, then process payroll under Payroll Vouchers
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38. How to create a credit note in Tally
Answer: To create a credit note, go to Accounting Vouchers, select Credit Note, and fill in the required details
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39. Explain the process to configure GST in Tally
Answer: To configure GST, go to Statutory & Taxation under Features, enable GST, and enter the required details
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40. How to manage outstanding receivables in Tally
Answer: To manage outstanding receivables, go to the Reports section, select Outstanding Receivables, and review the pending amounts
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41. Describe how to create a debit note in Tally
Answer: To create a debit note, go to Accounting Vouchers, select Debit Note, and fill in the transaction details
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42. Explain the process of handling multiple currencies in Tally
Answer: To handle multiple currencies, go to Accounts Info, select Currencies, and create the required currencies
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43. How to set up a cost center in Tally
Answer: To set up a cost center, go to Accounts Info, select Cost Centers, and create the necessary centers for tracking expenses
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44. Describe the steps to back up data in Tally
Answer: To back up data, go to the Tally Gateway, select Backup, choose the destination, and save the backup file
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45. Explain the process of importing data into Tally
Answer: To import data, go to the Tally Gateway, select Import Data, choose the file, and follow the prompts to import
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46. How to activate TDS in Tally
Answer: To activate TDS, go to Statutory & Taxation under Features, enable TDS, and configure the necessary details
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47. Describe the steps to create a sales invoice in Tally
Answer: To create a sales invoice, go to Accounting Vouchers, select Sales, and enter the invoice details
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48. Explain how to generate a trial balance in Tally
Answer: To generate a trial balance, go to the Reports section, select Trial Balance, and view the balances of all accounts
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49. How to manage budgets in Tally
Answer: To manage budgets, go to Accounts Info, select Budgets, and create or alter the budget details as required
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50. Describe the process of setting up security control in Tally
Answer: To set up security control, go to Company Info, select Security Control, and configure user roles and permissions
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51. Explain the steps to update Tally software
Answer: To update Tally software, go to the Help menu, select Update, and follow the prompts to update
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