Tally
Tally.ERP 9 is one of the most popular accounting software used in India. It is complete enterprise software for small & medium enterprises Tally.ERP 9 is a perfect business management solution and GST software with an ideal combination of function, control, and in-built customisability.!
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- Tally is an ERP accounting software package that is used to record day to day business data of a company. The latest version of Tally is Tally ERP 9.
- Tally ERP 9 Software is one of the most financial accounting systems used in India. For small and medium enterprises, it is complete enterprise software. It is a GST software with an ideal combination of function, control, and inbuilt customisability.
- ERP 9is the best accounting software. This software can integrate with other business applications like Inventory, Finance, Sales, Payroll, Purchasing, etc.
- Tally software is used for storing all the business transactions of each account in detail. Tally has made calculations simple. Tally has become part of all businesses.
- Small scale enterprises believe that Tally software carries out efficient business transactions, provides accuracy, and saves a lot of time.
- Manual calculations are time-consuming; that's why all the organizations use Tally.
- Because of Tally, the chances of error are reduced to a great extent. The Tally software can learn at home or designated institutes. It is self-explanatory and easy to learn.
- Tally is cost-effective and time-saving. It also ensures accuracy in business management. It enables the digitalization of bills and signatures, thus staying up-to-date with the latest technology.
Versions of Tally
- Tally 4.5 was the first version of Tally. It was released in 1990. This software is based on MS-Dos
- Tally 5.4 was the second version of Tally. It was released in 1996. It was a graphic interface version.
- Tally 6.3 was the third version of Tally. It was released in 2001. This version was window based. It supports printing and implementing with VAT (Value Added Tax).
- Tally 7.2 was the next version of Tally. It was released in 2005. It was added with new features of the Statutory complimentary version and VAT rules as par state wise.
- Tally 8.1 was the next version of Tally. It was developed with a new data structure. It was added with new features of Point of Sale (POS) and Payroll.
- The next version was Tally 9. It was released in 2006. This version was released due to bugs and errors. This version has maximum features such as TDS, FBT, Payroll, E-TDS filling, etc.
- The latest version of Tally is ERP 9. It was released in 2009. Tally ERP 9 package is offering maximum features for small to large business industries. It also updates with new features of (Goods & Services Tax) GST.
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why it is used?
Tally is an ERP accounting software package that is used to record day to day business data of a company. The latest version of Tally is Tally ERP 9. Tally ERP 9 Software is one of the most financial accounting systems used in India. For small and medium enterprises, it is complete enterprise software.
Tally is a trading name of accounting software maintaining accounts, and for performing additional accounting and other analytical operations helpful in the management of an organization.
Tally is computer software that is broadly used for accounting purposes. It also helps with preparing balance sheets, filing tax returns and profit/loss statements, fund flow statements, calculating GST etc
While excel has been a professional standard across companies for decades, moving on to newer technologies such as Tally. ERP 9 for managing large amounts of data can help you to save a lot of time and effort. Tally also automates repetitive tasks and prevents manual errors. Thus, the benefits of Tally are many
Sara Lisbon (verified owner) – February 8, 2020
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do, some discipline around planning and execution of those plans and belief that you can achieve your desires.