Finalization of account in tally

Respected Sir(s)/Madam(s),

My Name is Mohammad Shoaib Quraishi, 23, Mumbai. I am a Novice in Accounting Stream, I would like to ask that I eagerly needed how to finalize a company account in the year end.

 

I have tally erp software, under which I entered all expenses, but I am stucked at the last step of finalization.

I am keen to learn it, I have ask it to several people, but didn't got the solution, I tried those all but that didnt worked.

Some people said, "Check The Trial Balance".

Some said, "Pass The Remaining Entries",

whereas Somewhere I have read the long procedure.

Sir(s)/Madam(s), I need the simple and Step By Step Procedure To Finalize The Account 

Please Help crying crying

Replies (2)

Hi, Mohammed,

I think the  details Step by Step is little impractical to send.

Infact, In TALLY, there are inbuilt statements such as,

 

TB, P&L account and Balance sheet,

Further, you can click on every entry figure to give you the

further break-ups- the technique savvy of Tally.

You may try this guidelines and come back

M veerabhadrappa

Smilax Laboratores limited

 

Subject : Still Need More Specifications

 
Sir,

I appreciate your help & thanking you,

But I need some common steps to finalize the accounts in most accounting cases

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