What is TallY ERP 9

what is tally

Tally.ERP 9 has been organized by Tally.ERP 9 Solutions Pvt. Ltd., a Bangalore-based Company in India. It’s a very user-communicating and latest Accounting Software that runs on MS Windows and also Computes for Indian VAT, TDS and Service Tax. It can properly maintain your accounts and Inventory simultaneously. Tally is powerful accounting software, which is driven by a technology called concurrent multi-lingual accelerated technology engine. It is easy to use software and is designed to simply complex day to day activities associated in an enterprise. Tally provides including solution around accounting principles, inventory and data integrity. Tally also has feature surround global business. Tally software comes with easy to use interface thus making it with regard to simple.

Tally accounting software provides a solution solve  inventory management, stock management, invoicing, purchase order management, discounting, stock valuation methodology, etc. Tally accounting software also comes with scroll down options, which can track each detail of transaction. It helps keep maintain simple classification of accounts, general ledger, accounts receivable and payable, bank reconciliation, etc.

The technology employed by tally creates makes data reliable and secure. Tally software supports all the mainly types of file transfer protocols. This helps in connecting files through multiple office locations. Tally accounting software is available of undertaking financial analysis and financial management. It provides information around receivables turnover, cash flow statement, activity consolidation and more  branch accounting.

Tally accounting software is easy to startup and simple to use. A single connection can support multiple users. It can be easily used in connect with the Internet making possible to accomplish global financial reports. Tally accounting software can smoothly connect with various Microsoft applications.

The features of Tally.ERP 9 are listed below…

Codeless  Accounting System :Normally for other Accounting Software’s, a special code is used for identifying any particular ledger, for example, Ledger Code B2081indecates  “ Printing & Stationary”.

Unlimited Accounting Period : It means you can keep  maintain the records for more than one Financial Accounting Period, for example, you can   maintain the record for the financial Year ( F.Y.) 05-06 and 06-07 for the same company.

Simultaneous Operation of multiple companies : It  means  you can keep update the data  record for more than one Company simultaneously, for example : at the same you can update the data for all of your companies in the same group.

Accounting for the Complete Group of Companies :   You can keep prepare a consolidated balance sheet  for all the members of your group companies.

Top-Level security for each company : You can develop different levels of users and restrict their activities by assigning them rights, For example, ; you can create a user for data entry , who can only enter the transaction, but can not view the report