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FAQs

Tally offers a variety of reports, including GSTR-1, GSTR-2, and GSTR-3B related reports. Tally's GSTR-1 report is identical to the GSTR-1 form.

Tally. ERP 9 delivers GST-related reports such as GSTR-1, GSTR-2, GSTR-3B, and e-Way Bill.

A trial balance is a list of ledger account balances on a specific day, indicating debit and credit amounts individually.

A business transaction is an economic event that is recorded in an organization's accounting system with a third party. A transaction of this nature must be monetary in nature.

Journals and ledgers are books that are used to record business transactions. They're available at any stationery or office supply store. A diary is a book in which you keep track of every business transaction that appears on your supporting documents.

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