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Other Basic Reports in Tally




1 Day Book:
Day Book is the report, which shows your day to day transactions here you can check either your one-day transaction, monthly transaction, yearly transaction, etc.

For Day Book: Gateway of Tally > Display > Daybook




2 Sales Register /Purchase Register:
This is a report where you get periodically report of your sales and purchase transaction.

For Sales / purchase Register: Gateway of Tally > Display > Account Books > Sales Register / Purchase Register.



3 Columnar Report:
Here you will get the Columns report of your monthly transactions. For easy to understand and analyse your data.

For Columnar Reports: Gateway of Tally > Display > Account Books > Sales Register > Columnar (R.H.S).




4 ledger wise Report:

When you want to report ledger or party-wise.

Gateway of Tally > Display > Account Book > Ledger





5 Trial Balance:

Trial balance is the statement in which balance of all ledger compiled in debit and credit column. Trial balance is also used to check the accuracy.


In Trail Balance;

Debit includes: Assets, Expenses and losses.

Credit includes liability, income, and gains.




6 Profit & Loss:

Profit and Loss is a statement or a document that shows the net profit or loss of the company which later transfer to the balance sheet.

In P&L statement profit will show at the debit side and transfer to the balance sheet at the liability side.

In P&L statement Loss will show at the credit side and transfer to the balance sheet at the Asset side.




7 Balance sheets:

The balance sheet is the financial statement of the company which is divided into two parts Liabilities and Assets.

The profit or loss value which it received from the P&L statement needs to transfer to Capital account.


Other Basic Reports in Tally Other Basic Reports in Tally Reviewed by Tally Gate on August 10, 2019 Rating: 5

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