Tally & Busy Lesson 7: Reports — Day Book, Trial Balance, P&L, Outstanding

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⏱ 2 min read

📘 Tally & Busy Basics Course · Lesson 7 of 8

Entering vouchers is half the job; reading reports is where Tally pays off. Every report drills down: press Enter on a line to see the detail behind it.

Report Answers
Day Book What was entered today / in a period
Ledger All entries for one account with running balance
Trial Balance Every ledger balance; debits = credits
Profit & Loss Income vs expenses for the period
Balance Sheet Assets, liabilities, capital on a date
Bills Receivable / Payable Outstanding invoices with ageing
Ratio Analysis Working capital, margins, debtor days

Useful keys

Alt+F2 change period; Ctrl+B basis of values; F12 configure (show ageing, details); Alt+E export to Excel/PDF; Alt+P print.

💡 Export outstanding and sales registers to Excel monthly and build the analysis there (ageing buckets, customer trends). See the Excel for Finance course for ready layouts.

More: export Tally data to Excel.

Menus follow TallyPrime (current versions); older Tally ERP 9 menus differ. GST rates and rules shown are examples; confirm current rules before filing.

Practice

Open each report in the checklist and export the outstanding report to Excel.

📎 Practice files for this article

Free to use for learning. Files with macros (.bas) are plain text — import them with Alt+F11 → File → Import File, and always test on a copy.

Keep reading

Tally & BusyTally & Busy Lesson 2: Ledgers and GroupsTally & BusyBusy Accounting Software: GST Billing and Reports for Small BusinessesTally & BusyTallyPrime for Beginners: From Company Creation to Your First GST Invoice
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