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A statutory report is a type of Tally transaction that requires special attention because of its unique features. It has to be processed by a Tally support representative. A statutory report is a type of transaction in Tally. It is an automated transaction which means the processing is done by a computer without human intervention and with no possibility for human error. The transactions are designed to generate reports with information about the units, units moved, and active units in each specific time period. Because these types of transactions are not designed for any specific business purpose, they have been included as part of the standard set-up.

Tally is a popular software for small businesses to manage their accounting. It includes features that are necessary for business owners to run their finances. One of the features that are included in Tally is to find statutory reports. One of the ways to find statutory reports in Tally is by searching for it on the search bar, but there are other options as well. One way would be to go through your account settings and navigate to the right tab - Statutory Reports.

The content of a statutory report is recorded in a systematic and orderly fashion. Content should be well-organized and linear to make it easy for readers to follow. It should be an easily understood text that has been well researched and produced from official records. In this tutorial, you will learn how to create a statutory report with an example that uses Microsoft Word.

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