Table of Contents: 1. Starting with Tally 8.1, 2. Creating accounts masters, 3. Creating Inventory masters, 4. Entering accounts Vouchers, 5. Entering Inventory Vouchers, 6. Value added tax (VAT), 7. Tax deducted at source (TDS), 8. Service Tax in Tally, 9. Display/reports in Tally, 10. Fringe benefit tax in Tally, 11. The collaboration Tally, 12. The administrative tallya. Fundamentals of accounting and Inventory. Keyboard shortcuts.