Tally Prime Quiz - BOM

What does BOM stand for in Tally Prime?

• Bill of Money

• Balance of Material

• Bill of Materials

• Book of Materials

Which voucher type is used to record the consumption of raw materials and production of finished goods in Tally?

• Purchase Voucher

• Journal Voucher

• Manufacturing Journal

• Receipt Note

Under which category can you create a 'Stock Item' in Tally Prime?

• Inventory Info

• Accounting Info

• Gateway of Tally

• Inventory Vouchers

What is the purpose of creating Stock Groups in Tally?

• To classify suppliers

• To categorize stock items

• To track cash flow

• To monitor expenses

GST in Tally is configured under which menu?

• Accounting Vouchers

• Inventory Info

• Statutory & Taxation

• Display Menu

To record a sales entry with GST in Tally, which voucher type is used?

• Journal

• Receipt

• Sales

• Payment

In which voucher can you record a Purchase Order in Tally?

• Purchase Voucher

• Purchase Order Voucher

• Receipt Note

• Delivery Note

What is the purpose of creating a godown in Tally?

• To record bank transactions

• To define payroll components

• To track stock location-wise

• To manage GST rates

Which voucher is used to transfer stock between godowns?

• Purchase

• Sales

• Inter-Godown Journal

• Contra

What is the function of a Manufacturing Journal in Tally?

• To record raw material consumption and finished goods production

• To generate a sales report

• To track ledger balances

• To calculate interest