Tally, an Enterprise Resource
Planning (ERP) software that has been integrated for the business management
processes. It is a solution for accounting software used across by small scale business to medium
scale. Generally, it was developed in the year 2009 by Tally Solutions Pvt. Ltd
in Bangalore, India for the recording of everyday business data and still in
use.
Tally is a GST compliance
featured based software that provides the functionality of control and inbuilt
features of customization. The application integration is followed by finance,
inventory, sales and purchases. It also provides the feasibility of branch
management services including manufacturing, point-of-sale, payroll, job
costing, etc. Over years Tally has accomplished trust over safe business data,
simple in use and work as a charm.
 |
| Tally ERP |
Tally’s characteristic over
‘flow-based data entry’ system.It enables to enter data in seconds, single-key
instant business reports generation. Handling features of payroll management
include arrears calculation, revision of salary and payslip generation. The
software focuses on tax management, calculated channel products and in today's
date sets its clock to one million customers and more.
MIS module in Tally manages cash
flow facilitating investments of capitals, bank loan decisions, credit limits,
etc. Sales module adds invoicing, tracking receivables and payable records and
orders also the management of billing.
People find the following advantages in using Tally:
• Cost-effective
and time-saving.
• Key features of
accounting module in Tally includes a dashboard of voucher management and
record business ratios, reconciliation of bank, management of voucher, etc.
• Digitization of
bills and signatures ensured high accuracy in the management of a business.
• The inventory
abilities of tally smooths in stock accounting helping in support of
manufacturers, traders and distributors.
• Increase in
efficiency of bills and transactions.
• Easy to learn.
• Error chances
are minimized as such avoid of manual calculations is been a prerequisite to
run improving business.
• Collaboration of
data is performed by Tally’s remote functionalities enabling over multiple
systems.
