{"id":2548,"date":"2020-05-26T05:01:38","date_gmt":"2020-05-25T23:31:38","guid":{"rendered":"https:\/\/www.icajobguarantee.com\/?p=2548"},"modified":"2026-02-12T15:23:20","modified_gmt":"2026-02-12T09:53:20","slug":"tally-training-important-tally-reports","status":"publish","type":"post","link":"https:\/\/www.icajobguarantee.com\/blog\/tally-training-important-tally-reports","title":{"rendered":"Know All About Important Tally Reports"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><span style=\"color: #000000;\">Tally.ERP 9 as we know is a powerful ERP (Enterprise Resource Planning) and business accounting software suite. There are many accounting software available on the market today which we have already covered here. However, Tally remains the most popular of the lot with around 1.6 million users internationally. A Tally training course these days is in high demand because of the career avenues it opens up for students and even professionals. <\/span><\/p>\n<p><span style=\"color: #000000;\">Nonetheless, our agenda today is to discuss about the various reports generated by Tally software suite. These help decision makers unleash the full functionality of the software.<\/span><\/p>\n<p><span style=\"color: #000000;\">Now you don&#8217;t need us to need to tell you what reports can do. They are basically the backbone of any decision making process. Business reports come in all shapes and sizes. They provide priceless information about the current standing of the business, no matter whether it&#8217;s a giant MNC or a humble startup. A good software suite like Tally.ERP 9 should have the power to generate informative reports in order to provide much needed food for thought.<\/span><\/p>\n<h2><span style=\"color: #0000ff;\">E-Way Bill Report<\/span><\/h2>\n<p><span style=\"color: #000000;\">Way bill is a special type of bill which is mandatory to be created before any movement of goods worth 50,000 INR or more. The way bill number has to be kept handy during checks on the road (if any).<\/span><\/p>\n<p><span style=\"color: #000000;\">Way bills help in tracking GST compliance. Presence of a way bill ensures that proper GST rules have been complied with before moving the goods.<\/span><\/p>\n<p><span style=\"color: #000000;\">Tally can generate e-way (electronic way bill) reports conveniently. This has the following benefits &#8211;<\/span><\/p>\n<ol>\n<li><span style=\"color: #000000;\">Shows all transactions against which e-way bills have been generated.<\/span><\/li>\n<li><span style=\"color: #000000;\">Reveals all transactions that need to future e-way bills generated for.<\/span><\/li>\n<li><span style=\"color: #000000;\">Also displays the details of all the e-way bill transactions.<\/span><\/li>\n<\/ol>\n<p><span style=\"color: #000000;\">To generate eWay Bill reports in the Tally UI, navigate as follows.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Go to &#8211;&gt; Gateway of Tally =&gt; Display =&gt; Statutory Reports =&gt; GST =&gt; e-Way Bill =&gt; e-Way Bill Report<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2563\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/2-2.png\" alt=\"tally training\" width=\"718\" height=\"376\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/2-2.png 718w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/2-2-300x157.png 300w\" sizes=\"auto, (max-width: 718px) 100vw, 718px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(eWay Bill, Courtesy &#8211; ClearTax)<\/span><\/strong><\/p>\n<p><script src=\"https:\/\/cdnjs.cloudflare.com\/ajax\/libs\/image-map-resizer\/1.0.10\/js\/imageMapResizer.min.js\"><\/script><br \/>\n<script>window.onload = function() { imageMapResize(); }<\/script><br \/>\n<img decoding=\"async\" src=\"https:\/\/www.icajobguarantee.com\/assets\/img\/blog\/tally-cta-banner-classroom.webp\" alt=\"Tally Prime + GST Course\" usemap=\"#image-map\" \/><\/p>\n<map name=\"image-map\">\n<area title=\"Tally Prime + GST Course\" alt=\"Tally Prime + GST Course\" coords=\"5,11,834,369\" shape=\"rect\" href=\"https:\/\/www.icajobguarantee.com\/courses\/tallyprime-gst-course?utm_campaign=Tally_CTA&#038;utm_source=Blog\" target=\"_blank\" \/>\n<area title=\"Tally Prime + GST Course\" alt=\"Tally Prime + GST Course\" coords=\"353,397,495,425\" shape=\"rect\" href=\"https:\/\/www.icajobguarantee.com\/courses\/tallyprime-gst-course?utm_campaign=Tally_CTA&#038;utm_source=Blog\" target=\"_blank\" \/>\n<area title=\"TallyPrime with GST and TDS (Online)\" alt=\"TallyPrime with GST and TDS (Online)\" coords=\"503,399,655,427\" shape=\"rect\" href=\"https:\/\/www.icacourse.in\/courses\/tallyprime-gst-tds-course-online?utm_campaign=Tally_CTA&#038;utm_source=Blog\" target=\"_blank\" \/>\n<area title=\"TallyPrime with GST and TDS (Online)\" alt=\"TallyPrime with GST and TDS (Online)\" coords=\"659,399,800,427\" shape=\"rect\" href=\"https:\/\/www.icacourse.in\/courses\/tallyprime-gst-tds-course-online?utm_campaign=Tally_CTA&#038;utm_source=Blog\" target=\"_blank\" \/> <\/map>\n<h2><span style=\"color: #0000ff;\">GST Report<\/span><\/h2>\n<p><span style=\"color: #000000;\">GST (Goods and Services Tax) was formally introduced on 1st July 2019 and replaced as many as 16 taxes in India. In fact it&#8217;s the most popular indirect taxation in India right now.<\/span><\/p>\n<p><span style=\"color: #000000;\">Tally allows preparation of various types of GST reports like GSTR-1, GSTR-2, GSTR-3B related reports. GSTR-1 report in Tally is equivalent to the GSTR-1 form. It makes life easier for the user when filing returns.<\/span><\/p>\n<p><span style=\"color: #000000;\">Such GST reports generally help fulfill the following needs :<\/span><\/p>\n<ol>\n<li><span style=\"color: #000000;\">Lists out all GSTR-1 transactions<\/span><\/li>\n<li><span style=\"color: #000000;\">Displays transactions ineligible for returns<\/span><\/li>\n<li><span style=\"color: #000000;\">Shows non-participating transactions<\/span><\/li>\n<li><span style=\"color: #000000;\">Lists out all Tally serial number-wise details of figures as mentioned in GSTR-1<\/span><\/li>\n<\/ol>\n<p><span style=\"color: #000000;\">In the event of mismatches of discrepancies cropping up, the user can take care of them before filing GST returns. This way, Tally assists its users in correct return filings.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2562\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/1-2.png\" alt=\"tally course\" width=\"414\" height=\"389\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/1-2.png 414w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/1-2-300x282.png 300w\" sizes=\"auto, (max-width: 414px) 100vw, 414px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(GST Details of Product, Courtesy &#8211; TallyKnowledge)<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">For checking GST reports during Tally training, navigate in the Tally UI as shown below :<\/span><\/p>\n<p><strong><span style=\"color: #000000;\">Go to &#8211;&gt; Gateway of Tally =&gt; Display =&gt; Statutory Reports =&gt; GST =&gt; Select the report you need to check.<\/span><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2567\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/5.jpg\" alt=\"tally course\" width=\"833\" height=\"479\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/5.jpg 925w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/5-300x173.jpg 300w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/5-768x442.jpg 768w\" sizes=\"auto, (max-width: 833px) 100vw, 833px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(Generating GST reports, Courtesy &#8211; ClearTax)<\/span><\/strong><\/p>\n<h2><span style=\"color: #0000ff;\">Ratio Analysis report<\/span><\/h2>\n<p><span style=\"color: #000000;\">Ratio analysis is the comparison of specific financial entities a business. Ratio analysis helps to evaluate issues with a business, as well as highlight the financial standing during a given time. Liquidity, profitability, efficacy of operations etc. are well highlighted by ratio analysis. <\/span><\/p>\n<p><span style=\"color: #000000;\">This is especially useful to external analysts such as the auditors. This is because their main source of financial know-how about an organization is nothing but their updated financial statements.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2564 size-full\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/4-2.png\" alt=\"ratio analysis\" width=\"726\" height=\"410\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/4-2.png 726w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/4-2-300x169.png 300w\" sizes=\"auto, (max-width: 726px) 100vw, 726px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(Courtesy &#8211; WallStreetMojo)<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">Ratio analysis reports in the Tally UI can be generated in the following way :<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Go to &#8211;&gt; Gateway of Tally =&gt; Ratio Analysis.<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2566\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/3.jpg\" alt=\"tally training\" width=\"826\" height=\"402\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/3.jpg 826w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/3-300x146.jpg 300w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/3-768x374.jpg 768w\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(Ratio Analysis, Courtesy &#8211; TallyKnowledge)<\/span><\/strong><\/p>\n<h2><span style=\"color: #0000ff;\">Stock Summary Report<\/span><\/h2>\n<p><span style=\"color: #000000;\">As the name suggests, this type of report throws light on the current status of the net stocks\/ inventory status of a business identity at a given date. This is important to know about the current availability of raw materials, finished goods or other items of value to the business. This may include production critical items as well. Stock reporting is imperative to chalk out a proper plan of production or other activities.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2571\" src=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/7.jpg\" alt=\"stock summary\" width=\"530\" height=\"328\" srcset=\"https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/7.jpg 512w, https:\/\/www.icajobguarantee.com\/blog\/wp-content\/uploads\/2020\/05\/7-300x186.jpg 300w\" sizes=\"auto, (max-width: 530px) 100vw, 530px\" \/><\/p>\n<p><strong><span style=\"color: #ff0000;\">(Courtesy &#8211; TallyBook)<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">To derive a stock summary report, do the following :<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Go to &#8211;&gt; Gateway of Tally =&gt; Stock Summary.<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">These, inter alia are the major types of reporting available in Tally.ERP 9. Let us know your thoughts in the comments section below.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">We offer industry-leading <a style=\"color: #000000;\" href=\"https:\/\/www.icajobguarantee.com\/courses\/tallyprime-gst-course\" target=\"_blank\" rel=\"noopener noreferrer\">Tally<\/a> training which you guys might want to check out.<\/span><\/p>\n<p><span style=\"color: #000000;\">Do check out our <a style=\"color: #000000;\" href=\"https:\/\/www.facebook.com\/ICAJobguarantee\/\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>, <a style=\"color: #000000;\" href=\"https:\/\/twitter.com\/IcaSkills\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a> and <a style=\"color: #000000;\" href=\"https:\/\/www.instagram.com\/icaeduskills\/\" target=\"_blank\" rel=\"noopener noreferrer\">Instagram<\/a> pages if you like the content we publish \ud83d\ude42<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tally.ERP 9 as we know is a powerful ERP (Enterprise Resource Planning) and business accounting software suite. There are many accounting software available on the market today which we have already covered here. However, Tally remains the most popular of the lot with around 1.6 million users internationally. A Tally training course these days is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2561,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[319],"class_list":["post-2548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tally","tag-skill-knowledge-benefits"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/posts\/2548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/comments?post=2548"}],"version-history":[{"count":3,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/posts\/2548\/revisions"}],"predecessor-version":[{"id":10870,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/posts\/2548\/revisions\/10870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/media\/2561"}],"wp:attachment":[{"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/media?parent=2548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/categories?post=2548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icajobguarantee.com\/blog\/wp-json\/wp\/v2\/tags?post=2548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}