Quiz on Rel. 6.0

What does the enhanced Bank Reconciliation feature in TallyPrime 6.0 offer?

• Manual reconciliation of transactions.
• Auto-reconciliation of exact matches.
• Supports no reconciliation options.
• Requires external software for reconciliation.

What flexibility does automated voucher creation provide?

• Create vouchers only for single transactions.
• Merge multiple transactions into one voucher.
• Create vouchers without filling key details.
• Allows vouchers only for GST transactions.

What is the benefit of Connected Banking in TallyPrime?

• Access real-time bank statements within TallyPrime.
• Log in to multiple bank portals simultaneously.
• Access real time bank statement and bank balance within TallyPrime
• Requires a separate app for banking.

What feature allows setting rules for Potential Match in bank reconciliation?

• Manual reconciliation rules.
• User-defined matching rules.
• Potential Match is set automatically.
• Automated rules for all banks.

What report helps view pending actions for reconciliation?

• Bank Reconciliation Summary.
• Banking Activities report.
• e-Payment report.
• Ledger Vouchers report.

Which key information is auto-filled during automated voucher creation?

• Amount and ledger details.
• Narration and instrument details.
• Amount, Narration and instrument details.
• Only instrument no. & dates.

What is the primary benefit of merging multiple transactions into one voucher?

• Simplifies single voucher tracking.
• Reduces manual effort in accounting.
• Adds flexibility in GST compliance.
• For single transaction businesses.

What does Connected Banking eliminate the need for?

• Logging in to multiple bank portals.
• Creating vouchers manually.
• Entering e-Payment details.
• Manually reconciling each transaction.

How does Connected Banking improve cash flow visibility?

• By enabling quick report generation.
• By providing real-time bank balances.
• Through enhanced banking tiles.
• By comparing GST entries.

Which Bank is enabled for TallyPrime 6.0 Beta?

• State Bank of India
• Axis Bank
• Kotak Bank
• All of Above