In the accounting software Tally, the function key F12 is primarily used to open which configuration menu?

Difficulty: Easy

Correct Answer: Company Configuration

Explanation:


Introduction / Context:
Tally is a popular accounting and business management software widely used for maintaining company accounts, inventory, and other financial data. It uses function keys such as F1, F2, F11, and F12 to provide quick access to various configuration and feature settings. Knowing which key opens which menu is a common objective in basic computer and Tally awareness questions. This question specifically asks what the F12 key is used for in Tally.


Given Data / Assumptions:

  • The software context is Tally accounting software.
  • The function key in question is F12.
  • The options include Company Configuration, Accounting Features, Company Features, and None of the above.
  • We assume the standard Tally key mappings where F11 and F12 have specific roles.


Concept / Approach:
In Tally, F11 is generally used for Company Features, which include configuration options like accounting features, inventory features, and statutory features. In contrast, F12 is used for Configuration settings, which allow the user to customise behaviour at company or report level, such as data entry options, display preferences, and other control settings. The menu typically labelled as Company Configuration is accessed via F12. Therefore, among the options provided, Company Configuration best matches the primary use of the F12 key in Tally.


Step-by-Step Solution:
Step 1: Recall the standard function key assignments in Tally. F11 opens the Features menu, while F12 opens the Configuration menu. Step 2: Match these with the given option names. Company Features is associated with F11, not F12. Step 3: Consider Accounting Features. Accounting Features is a sub option under Company Features, again related to F11. Step 4: Consider Company Configuration. Company Configuration corresponds to the configuration settings accessible with F12. Step 5: Recognise that “None of the above” is unnecessary because one option matches correctly. Step 6: Select Company Configuration as the correct answer.


Verification / Alternative check:
User manuals and online help for Tally list keyboard shortcuts and show that F11 corresponds to Features and F12 corresponds to Configuration. Screenshots of the Tally interface often display labels such as F11: Features and F12: Configure at the bottom of the screen. When you press F12, you are taken to various configuration options that can be set at company, report, or master level. These configuration choices apply to how the company data behaves, so they are commonly referred to as Company Configuration. This confirms that F12 is associated with Company Configuration rather than with the features menu.


Why Other Options Are Wrong:
Option B (Accounting Features): This is part of the Features menu accessed via F11, not the configuration menu for F12. Option C (Company Features): Also tied to F11, which opens company feature options, not F12 configuration options. Option D (None of the above): Incorrect because Company Configuration correctly describes the F12 key usage.


Common Pitfalls:
Students sometimes confuse F11 and F12 because both are related to settings in Tally. They may remember that both keys have something to do with company level options and accidentally choose Company Features for F12. To avoid this confusion, associate F11 with Features (what capabilities are enabled) and F12 with Configuration (how those capabilities behave). Remembering that F12 opens the configuration screens will help you correctly identify Company Configuration as the intended answer.


Final Answer:
In Tally, the F12 function key is primarily used for Company Configuration settings.

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