Notes: Sebastian is a name with Greek origins. The meaning of the name Sebastian is venerable. Alternate spellings include Sabastian and Sebastion. Common nicknames include Seb, Bas, Bash, and Subby.
Answer Wiki. Tally is a financial statement accounting software and it is very useful. Tally is a complete business accounting and inventory management software that provides various facilities like Govt. supported formats, multilingual operations, online functions and processing for small and medium businesses.
A journal is where you record each business transaction. You may have to keep separate journals for transactions that occur frequently, such as a sales journal, a payroll journal or a check disbursement journal. A ledger is where you record the totals from all of your journals. It is organized into different accounts.