The main categories in Tally are explained below – Capital – It includes Partner's Capital, Owner's Capital, Choice Share Capital, and Equity Share Capital. Current Liabilities – It includes all forms of current liabilities and sub-groups, including taxes, regulations, and sundry creditors. Loans – It keeps track of the loans taken by a firm. Fixed Assets – It keeps track of a company's fixed assets, including goodwill, equipment, trademark, etc. Current Assets – It includes loans & advances, stocks owned, Cash, Bank a/c, etc.