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 simplifies complex day to day activities associated in an enterprise. Tally provides comprehensive solution around accounting principles, inventory and data integrity. It also has feature encompassing global business. Tally software comes with easy-to-use interface thus making it operationally simple. Tally accounting software provides a solution around inventory management, stock management, invoicing, purchase order management, discounting, stock valuation methodology, etc. The accounting software also comes with drill down options, which can track every detail of transaction, and helps in maintaining simple classification of accounts, general ledger, accounts receivable and payable, bank reconciliation, etc.
- In Tally, the entered data is reliable and secure. There is no scope of entering the data, after being entered into the software.
- Used to maintain the financial record of the company. This includes net deduction, net payment, bonuses, and taxes. Tally makes several calculations that need to be made while disbursing salary to employees.
- Used in banks to manage various user accounts, and also calculate interests on deposits. Tally support ensures ease in the calculation and makes banking simpler. Tally Support can make the calculation easy and banking simpler.
- Saves all invoices, receipts, bills, vouchers in its archive folder. Using this software, we can quickly access any of the previously stored documents. We can immediately retrieve all the billing related files.
- Acts as an audit tool. It carries out regular audits of companies.