Basic knowledge of accounting is required.
TALLY is addressed to the ACCOUNTANT. By an ACCOUNTANT, We mean the person(s) connected with accounts in any manner you could be the owner, the Financial Controller, Chief Accountant, member of the Planning team,the Manager, the Auditor or anyone who is affected by nd interested in Accounts of the organisation. TALLY assumes some basic theoretical knowledge of accounts, principally in the understanding of accounting terminology. This means that you should be able to distinguish between Sundry Debtors and Creditors, Assets and Liabilities, Debit and Credit, capital and Revenue, and other such mundane items. The person actually entering the vouchers should be able to understand the use of To and By in books of accounts, and recognise the differences between the journal Payments, Contra vouchers, etc The principles in TALLY are simple enough for novice to LEARN accounting. If you are affected by Accounts (as an owner or manager), but have not personally done accounts, you can still use TALLY effectively for your operations and at the same time become accustomed to accounting methods and decisions.