Master Interview Questions โ€“ Tally Prime
100%

๐Ÿ’ผ Tally Prime Interview Questions & Answers

This lesson contains the most commonly asked Tally Prime interview questions with simple and professional answers. It helps students prepare for accountant, GST executive, accounts assistant and office executive interviews.

Lesson Objective Prepare students for real interviews by covering accounting fundamentals, Tally Prime features, GST, inventory, banking, payroll and financial reports.
1. Basic Interview Questions
Question Answer
What is Tally Prime? Tally Prime is business accounting software used for accounting, inventory, GST, payroll and financial reporting.
Who developed Tally? Tally Solutions Pvt. Ltd.
What is the latest version? Tally Prime (latest available version installed by the organization).
What are the main features? Accounting, GST, Inventory, Payroll, Banking, Reporting, Cost Centres and Budgeting.
What is a Company in Tally? A company stores all accounting and inventory data for a business.
2. Accounting Questions
Question Answer
What is a Ledger? A ledger stores transactions related to a particular account.
What is a Group? A group classifies ledgers under Assets, Liabilities, Income and Expenses.
What is Double Entry System? Every transaction has one debit and one credit entry.
What is Journal Voucher? Used for adjustment and non-cash entries.
What is Contra Voucher? Used for cash and bank transactions.
3. GST Interview Questions
Question Answer
What is GST? Goods and Services Tax is an indirect tax applied on the supply of goods and services.
What is CGST? Central GST collected by the Central Government.
What is SGST? State GST collected by the State Government.
What is IGST? Integrated GST applied on interstate transactions.
How is GST enabled in Tally? Enable GST under Company Features and configure GST details.
4. Inventory Questions
Question Answer
What is a Stock Item? An item purchased or sold by the business.
What is a Stock Group? A collection of similar stock items.
What is a Godown? A storage location for inventory.
What is Unit of Measure? The measurement unit used for stock items.
What is Stock Journal? Used to record stock movement between locations or manufacturing.
5. Banking & Voucher Questions
Question Answer
What is Receipt Voucher? Records money received.
What is Payment Voucher? Records money paid.
What is Purchase Voucher? Records purchase transactions.
What is Sales Voucher? Records sales transactions.
What is Bank Reconciliation? Matching bank book with bank statement.
6. Payroll Interview Questions
Question Answer
What is Payroll? Payroll is the process of calculating employee salaries, deductions, bonuses and net pay.
What is a Pay Head? A Pay Head defines salary components such as Basic Salary, HRA, Bonus and PF.
How do you create an Employee in Tally Prime? Create an Employee under Payroll Masters and assign the required Pay Structure.
Can attendance be maintained in Tally? Yes. Attendance and payroll can be managed through Payroll features.
What is Salary Payable? It is the salary due to employees but not yet paid.
7. Financial Reports Interview Questions
Question Answer
What is Trial Balance? A report that shows all ledger balances and verifies whether total debit equals total credit.
What is Profit & Loss Account? It shows the profit or loss earned during an accounting period.
What is a Balance Sheet? It shows Assets, Liabilities and Capital on a particular date.
What is Cash Book? A report containing all cash receipts and payments.
Why are reports important? Reports help management analyze business performance and make informed decisions.
8. Shortcut Key Interview Questions
Question Answer
Shortcut for Payment Voucher? F5
Shortcut for Receipt Voucher? F6
Shortcut for Journal Voucher? F7
Shortcut for Sales Voucher? F8
Shortcut for Purchase Voucher? F9
Shortcut for Contra Voucher? F4
Shortcut to Save? Ctrl + A
Shortcut to Print? Alt + P
9. Practical Scenario Questions
  1. How will you create a new company in Tally Prime?
  2. How will you record a cash purchase?
  3. How will you record a credit sale with GST?
  4. How will you create a new ledger during voucher entry?
  5. How will you correct a wrong voucher?
  6. How will you reconcile bank transactions?
  7. How will you print a GST invoice?
  8. How will you generate the Trial Balance?
  9. How will you verify stock availability?
  10. How will you export reports to Excel?
These questions are commonly asked during practical accounting interviews.
10. Advanced Tally Interview Questions
Question Answer
How do you back up company data? Use the Backup option from Company menu.
What is Cost Centre? Used to track income and expenses department-wise or project-wise.
What is Cost Category? Used to classify multiple Cost Centres.
Can Tally manage multiple companies? Yes, multiple companies can be created and managed simultaneously.
How do you secure company data? Use user security, passwords and regular backups.
Can reports be exported? Yes, reports can be exported to Excel, PDF and XML.
Why is data backup important? It protects accounting data from accidental loss or corruption.
Advanced interview questions test both practical knowledge and real-world accounting experience.
11. HR & Personal Interview Questions
Question Suggested Answer
Tell me about yourself. Introduce yourself briefly, mention your education, accounting knowledge, Tally Prime skills and career objective.
Why do you want to join our company? I want to enhance my accounting skills and contribute to the growth of the organization.
What are your strengths? Quick learner, honest, hardworking, good analytical skills and attention to detail.
What are your weaknesses? I continuously work on improving my communication and technical skills.
Why should we hire you? I have practical knowledge of Tally Prime, GST, inventory, banking and financial reports, and I am eager to learn.
12. 50 Rapid Fire Tally Questions
  1. What is Tally Prime?
  2. Who developed Tally?
  3. What is a Company?
  4. What is a Ledger?
  5. What is a Group?
  6. What is Double Entry?
  7. What is GST?
  8. What is CGST?
  9. What is SGST?
  10. What is IGST?
  11. What is a Voucher?
  12. What is a Contra Voucher?
  13. What is a Payment Voucher?
  14. What is a Receipt Voucher?
  15. What is a Journal Voucher?
  16. What is a Sales Voucher?
  17. What is a Purchase Voucher?
  18. What is a Debit Note?
  19. What is a Credit Note?
  20. What is Inventory?
  21. What is a Stock Item?
  22. What is a Stock Group?
  23. What is a Stock Category?
  24. What is a Godown?
  25. What is Unit of Measure?
  26. What is Payroll?
  27. What is a Pay Head?
  28. What is Attendance?
  29. What is Cost Centre?
  30. What is Cost Category?
  31. What is Day Book?
  32. What is Cash Book?
  33. What is Ledger Report?
  34. What is Trial Balance?
  35. What is Profit & Loss Account?
  36. What is Balance Sheet?
  37. What is Bank Reconciliation?
  38. How do you print reports?
  39. How do you export reports?
  40. How do you create a backup?
  41. What is Ctrl + A used for?
  42. What is Alt + C used for?
  43. What is Ctrl + Enter used for?
  44. What is Alt + P used for?
  45. What is Alt + E used for?
  46. What is F8?
  47. What is F9?
  48. What is F7?
  49. What is F5?
  50. What is F6?
13. Interview Tips & Common Mistakes
Interview Tips
  • Revise accounting fundamentals.
  • Practice Tally Prime daily.
  • Know GST concepts thoroughly.
  • Be confident while answering.
  • Give practical examples whenever possible.
  • Maintain eye contact and professional behavior.
  • Keep your answers short and clear.

Common Mistakes
  • Guessing answers without knowledge.
  • Confusing Debit and Credit rules.
  • Not knowing basic shortcut keys.
  • Ignoring practical accounting questions.
  • Poor communication skills.
  • Arriving late for the interview.
Confidence, honesty and practical knowledge create a positive impression during interviews.
14. Mock Interview Practice
Practice These Questions
  1. Create a company in Tally Prime.
  2. Create a customer ledger.
  3. Enter a Purchase Voucher.
  4. Record a Sales Voucher with GST.
  5. Generate Trial Balance.
  6. Generate Profit & Loss Account.
  7. Generate Balance Sheet.
  8. Perform Bank Reconciliation.
  9. Print a GST Invoice.
  10. Export a report to Excel.
Practice these tasks before your interview to improve confidence.
15. Final Interview Preparation Checklist
Accounting Basics Revisedโœ”
Tally Prime Features Practicedโœ”
GST Concepts Revisedโœ”
Voucher Entries Practicedโœ”
Inventory Concepts Revisedโœ”
Payroll Basics Studiedโœ”
Financial Reports Reviewedโœ”
Shortcut Keys Memorizedโœ”
Mock Interview Completedโœ”
Resume Updatedโœ”
Congratulations!
You are now well prepared for Tally Prime interviews. Continue practicing real-world accounting scenarios to build confidence and improve your chances of success.

๐Ÿง  Final Quiz

Which voucher is used to record cash received in Tally Prime?