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Tally Version & Tally Vouchers

Quick Summary & Key Takeaways

  • • Subject Focus: Tally Accounting Notes in English (BCA / B.Tech Syllabus)
  • • Core Topic: Tally Version & Tally Vouchers - General Topics
  • • Overview: Tally Version & Tally Vouchers Tally Version: 1. Tally 4.5 was the first version of Tally. It was released in 1990. This software is based on MS-Dos. 2...
  • • Key Concepts: Tally versions, Tally vouchers, Tally ERP versions, Tally voucher types, Tally accounting vouchers, Tally inventory vouchers, Tally GST vouchers,

Tally Version & Tally Vouchers


Tally Version:


1. Tally 4.5 was the first version of Tally.
It was released in 1990. This software is based on MS-Dos.
2. Tally 5.4 was the second version of Tally.
It was released in 1996. It was a graphic interface version.
3. Tally 6.3 was the third version of Tally.
It was released in 2001. This version was window-based. It supports printing and implementation with VAT (Value Added Tax).
4. Tally 7.2 was the next version of Tally.
It was released in 2005. It was added with new features of statutory complimentary version and state-wise VAT rules.
5. Tally 8.1 was the next version of Tally.
It was developed with a new data structure. It was added with new features of Point of Sale (POS) and Payroll.
6. The next version was Tally 9. It was released in 2006. This version was released due to bugs and errors.
This version has maximum features like TDS, FBT, Payroll, e-TDS filling etc.
7. The latest version of Tally is ERP 9.
It was released in 2009.
8. Tally ERP 9 package is providing maximum features for small to large business industries.
It also gets updated with new features of (Goods and Services Tax) GST.

Tally Vouchers:


1. Tally vouchers are documents that hold all the information of a financial transaction.
They provide an easy way to enter and record entries in the books of accounts.
2. There are two types of vouchers in Tally, Accounting Vouchers and Inventory Vouchers.
This helps businesses to separate accounting and inventory operations.
3. In Tally, there are 28 predefined Groups, in which 15 are Primary Groups and 13 are Sub Groups.
In Tally, there are a total of 22 vouchers or a total of 34 groups.

Frequently Asked Questions (FAQs)

Tally Version & Tally Vouchers Tally Version: 1.
Understanding Tally Version & Tally Vouchers is fundamental to mastering Tally Accounting Notes in English. It covers crucial concepts, solved problems, and revision points essential for academic and entrance exam success.
You can read free solved examples, detailed explanations, and key formulas for Tally Version & Tally Vouchers directly on the NotesMedia website or by downloading the NotesMedia App.

In this Chapter

Tally Version & Tally Vouchers
What is Tally
Features of Tally
Starting Tally
How to Create a Company in Tally
What is a Ledger in Tally?
How to Create a Ledger in Tally