Updated : August 28, 2024Tally Based Bookkeeping
Overview :Whenever you think about accounting, tally is the first name that comes to your mind. It is the oldest and most popular accounting software in India that has evolved over a period to ensure its relevancy & functionality. This useful accounting software is developed considering the vast accounting principles and commercial laws which is fundamental for better management of the financial & logistics department. The blog discusses about ‘salient features of Tally ERP9’.
Tally ERP 9 is very detailed and advanced accounting software yet it retains its simplicity of operating it, the entire interface is designed in such a manner that the software can be used by pressing ENTER or ESC buttons in the keyboard along with few shortcut codes. The software was developed keeping in mind the broad accounting principles and commercial laws which are very much fundamental for better management of the finance department, logistics department.
This software can be used in any industry with capability of customisation which can be done with the help of tally partners at very reasonable pricing. Though the tally software is an exact opposite to cloud based softwares like QuickBooks, Zoho Books, FreshBooks or Xero which runs on cloud without any local installation. However, with the ERP.Net feature the tally can be accessed remotely.
There is some downside also as the data is stored locally and no real-time backup is being made. The users are advised to take periodic backups manually and save at different hard disk so that in case of crash or any problem in the local machine the data is restored. This is not a mobile friendly platform in comparison to cloud based accounting services.
Salient Features of Tally.ERP9
- The tally is the oldest and most popular accounting software in India which has evolved over a period with continuous updates. This enjoys special favor from old chartered accountants.
- The biggest plus of tally is its simplicity, with minimal training and an accountant can handle it, this is scalable and can be implemented in any environment or sector. The software comes in different variants to suit the business requirements.
- Multilingual support is also a big advantage in Tally.ERP9, with the capability of implementing it in Local Area Network (LAN) where one computer can serve as server whereas other computers operates as agents, many people can operate simultaneously
- All accounting functions like that to entries vouchers whether it is journal voucher, payment voucher, receipt voucher or contra can be done easily. The tax entries and reports can be generated for vat, service tax and tds.
- Tally has inbuilt capability to support payroll process of a company and there is no need to implement any separate software for payroll process.
We at SETINDIABIZ are an experienced team of accountants having served the industry since 2004 and are located near to you so that the service is no issue while doing accounting. Our accounting with tally service is available at All over Delhi, Gurgaon, Noida, Bengaluru, and Mumbai. Our service offering is as under pertaining to accounting with Tally.
Conclusion
Tally is one of the most useful software that is widely used for accounting in the companies. Due to its applicability, frequent updates, and easy to operate feature, it is the most popular accounting software in India. It has a number of advanced features aforementioned which ease complex accounting tasks thereby, saving valuable time of organizations/businesses which they can utilize to focus on their growth.
