How can Tally software help in Business?

Asked by Last Modified  

13 Answers

Learn Tally Software

Follow 3
Answer

Please enter your answer

Babu P

Trainer

For Business using Tally owner can cut his cost by employing less or few employess. It helps in recording the Vouchers and extracting any Reports needed by the Organization. I also handles all statutory requirements. It saves lots of time to business professionals
Comments
Dislike Bookmark

Entrepreneurship

It helps to understand the core and fundamental accounting reality in a very simpler and possible manner.
Comments
Dislike Bookmark

Tally and Commerce Tutor

It facilitates Accounting work. It generates many reports and it has inbuilt calculation capacity such as calculation of taxes, interest, etc.
Comments
Dislike Bookmark

tally software mainly help in sale and purchasing in bussiness
Comments
Dislike Bookmark

You can maintain your accounts, inventory and statutory in Tally software. You can also generate e returns for your taxes directly from Tally. Its a complete business software
Comments
Dislike Bookmark

Trainer

It is user friendly any one can understand tally software who knows the basic of accounting. But this software will use or not all depends on the nature of business.
Comments
Dislike Bookmark

Having 13+ years of experience in various technology like PHP, ReactJs, Redux etc

Tally.ERP9 is a Enterprise Resource Planning system with a good accounting features. It is known more for accounting rather than any other of its features. Basic requiurement for any business for eaxample departmental store: Accounting Billing Banking Sales and profit analysis Inventory Taxation...
read more
Tally.ERP9 is a Enterprise Resource Planning system with a good accounting features. It is known more for accounting rather than any other of its features. Basic requiurement for any business for eaxample departmental store: Accounting Billing Banking Sales and profit analysis Inventory Taxation (VAT, TDS) read less
Comments
Dislike Bookmark

Tally is an accounts and inventory management software which is having many other features too. With the latest version of this software Tally9 you can 1. do all basic accounting functions, 2. Manage your store and items, 3. do the job costing, 4. manage payroll, 5. get many mis reports which...
read more
Tally is an accounts and inventory management software which is having many other features too. With the latest version of this software Tally9 you can 1. do all basic accounting functions, 2. Manage your store and items, 3. do the job costing, 4. manage payroll, 5. get many mis reports which are useful for day today functions, 6. file your tax returns like prepare balance sheet, profit and loss statement, VAT forms, TDS, returns, Service tax returns, e-TDS filing, Excise forms, FBT reports and forms, 7. maintain budgets, scenarios, 8. calculate interest on pending amount 9. manage data over different locations and synchronize it and many more other features. In fact in todays environment you just need a computer and Tally to manage your business and you to run it. read less
Comments
Dislike Bookmark

Commerce and computer Trainer.

Tally covers almost the entire gamut of business in the shape of Trading , Profit & Loss account and Balance Sheet. It has taxation features like VAT, TDS, Excise, Service Tax. Several reports can be generated on taxation, receivables, payables, stock items, ledger status, interest payable/receivable...
read more
Tally covers almost the entire gamut of business in the shape of Trading , Profit & Loss account and Balance Sheet. It has taxation features like VAT, TDS, Excise, Service Tax. Several reports can be generated on taxation, receivables, payables, stock items, ledger status, interest payable/receivable , Debit Note / Credit Note, Order , Challan , Bill, manufacturing of items ,e filing of returns etc. A journal entry in tally automatically posts the required data which the manual one will take lot of time and space. Thus , tally is a dynamic and user friendly software that can be used with ease. It is expected that other features like below the Balance Sheet accounts like Provisions would be implemented in future versions of Tally. Nowadays, most businesses are TALLY oriented. read less
Comments
Dislike Bookmark

Senior Accounts Manager

In business, we / you need to track the expense as well as income. Tally software is easy to operate & the reports we require is feasible. So Tally software can help Business to understand our position on the particular date.
Comments
Dislike Bookmark

View 11 more Answers

Related Questions

Is the Tally course useful for MBA in finance students?
Tally is very useful for MBA finance students.
Sarala
0 0
5
what is the difference between Tally ERP 9 and Tally 7.2?
Tally ERP 9 is advanced version compared to Tally 7.2. There are more features in Tally ERP 9 than that of in Tally 7.2.
Anjali
What is the difference between SAP and Tally Software?
In simple we can say SAP can't afford by Small and Medium Scale Business. So Tally is called power man's SAP
Shweta.m
What are the most interesting and unknown facts of Tally, an accounting software?
Because it supports several languages, Tally ERP 9 is known as multilingual tally software. Other languages may be used to read reports and maintain accounts. Up to 99,999 companies can have accounts that...
Abraham
0 0
5
How many type of account in tally?
Tally has 3 main account types: 1. Personal 2. Real 3. Nominal
Ms
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Goods & Services Tax: One Nation One Tax: For Everyone.
GST - Goods & Services Tax Benefits: To Create a unified Common national market. To boost economy: generate more employement. Reduction in Compliance costs. Multiple Record not required to maintain. Uniformity...

Nips

1 0
0
Tips to Improve Your English Fluency
Think in English. Here and there the troublesome thing about talking in another dialect isn’t the dialect itself, yet how you consider it. On the off chance that you think in your local...
A

Attitude Tally Academy

0 0
0
Basic Short-Cuts In Tally ERP.9 (For Beginners)
New Company Creation: Alt + F3 Change Period: Alt + F2 Voucher Creation: V Day Book: D + D Delete Any Ledger / Voucher / Entry: Alt + D Create any Ledger in the middle of Entry: Alt + C Ledger...
S

Sayak Bhar

0 0
0
GST Update: Impact Of GST On Restaurant Business.
GST is almost ready to be rolled out. Both the producers and consumers start comparing the impact of the propsed taxation system with that of the existing one. In this article we are trying to compare...

Vertex Commerce Coaching Centre

0 0
0
Balance Sheet, P/L Account Preparation and posting at Tax portal
Tally to Tax Filing Portal Filing income tax return is a big task to retailers and SMEs/MSMEs. This causes to depend upon skilled tax filing professionals. Practitioners know rules and regulations...
S

S M.

0 0
0

Recommended Articles

What is Applications Engineering all about?

Applications engineering is a hot trend in the current IT market.  An applications engineer is responsible for designing and application of technology products relating to various aspects of computing. To accomplish this, he/she has to work collaboratively with the company’s manufacturing, marketing, sales, and customer...

Read full article >

8 Hottest IT Careers of 2014!

Whether it was the Internet Era of 90s or the Big Data Era of today, Information Technology (IT) has given birth to several lucrative career options for many. Though there will not be a “significant" increase in demand for IT professionals in 2014 as compared to 2013, a “steady” demand for IT professionals is rest assured...

Read full article >

Make a Career in Mobile Application Programming

Almost all of us, inside the pocket, bag or on the table have a mobile phone, out of which 90% of us have a smartphone. The technology is advancing rapidly. When it comes to mobile phones, people today want much more than just making phone calls and playing games on the go. People now want instant access to all their business...

Read full article >

Learn Microsoft Excel

Microsoft Excel is an electronic spreadsheet tool which is commonly used for financial and statistical data processing. It has been developed by Microsoft and forms a major component of the widely used Microsoft Office. From individual users to the top IT companies, Excel is used worldwide. Excel is one of the most important...

Read full article >

Find Tally Software classes near you
Tally Software classes in Delhi
Tally Software classes in Bangalore
Tally Software classes in Mumbai
Tally Software classes in Chennai
Tally Software classes in Hyderabad
Tally Software classes in Kolkata
Tally Software classes in Jaipur
Tally Software classes in Pune
Tally Software classes in Ahmedabad
Tally Software classes in Gurgaon

Looking for Tally Software classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you