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Answered 1 day ago Learn Tally Software

What is Auto calculation and how does it work on Tally GST returns?

Ranjith N

"Transforming your struggles into success"

Auto calculation in Tally GST returns automatically computes GST amounts like CGST, SGST, and IGST based on the tax rates set in the transactions. Once you enter the sales or purchase details, Tally calculates the taxes and generates the appropriate GST returns, simplifying the filing process and ensuring... read more

Auto calculation in Tally GST returns automatically computes GST amounts like CGST, SGST, and IGST based on the tax rates set in the transactions. Once you enter the sales or purchase details, Tally calculates the taxes and generates the appropriate GST returns, simplifying the filing process and ensuring accuracy.

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Answered 1 day ago Learn Tally Software

What are the advantages of Tally?

Ranjith N

"Transforming your struggles into success"

Tally offers several advantages, including efficient accounting, GST compliance, inventory management, and payroll processing. It provides real-time financial reports, simplifies tax filing, and is user-friendly, making it a versatile tool for businesses of all sizes to manage their finances effectiv... read more

Tally offers several advantages, including efficient accounting, GST compliance, inventory management, and payroll processing. It provides real-time financial reports, simplifies tax filing, and is user-friendly, making it a versatile tool for businesses of all sizes to manage their finances effectively.

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Answered 4 days ago Learn Tally Software

What is Tally and its features?

Rajesh Kumar N

"Rajesh Kumar N: Guiding Young Minds from 1 to 12 with Expertise and Care"

Tally is accounting software used for financial management. Its features include: - Accounting and financial reporting - Inventory management - Payroll processing - GST compliance - Banking and cash flow management - Multi-currency support - Data security and backup
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Answered 4 days ago Learn Tally Software

What are some good alternatives to Tally.ERP?

Rajesh Kumar N

"Rajesh Kumar N: Guiding Young Minds from 1 to 12 with Expertise and Care"

Good alternatives to Tally.ERP include: - QuickBooks - Zoho Books - Sage 50cloud - Microsoft Dynamics 365 - SAP Business One
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Answered 4 days ago Learn Tally Software

Which one is better: Quickbooks or Tally?

Rajesh Kumar N

"Rajesh Kumar N: Guiding Young Minds from 1 to 12 with Expertise and Care"

QuickBooks is often preferred for small to medium-sized businesses due to its user-friendly interface and integration capabilities. Tally is strong in comprehensive accounting and GST compliance, especially in regions like India. The choice depends on your specific needs and location.
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Answered 1 day ago Learn Tally Software

How is Tally software useful?

Ranjith N

"Transforming your struggles into success"

Tally software is useful for automating and simplifying accounting tasks, managing inventory, ensuring GST compliance, processing payroll, and generating financial reports. It helps businesses maintain accurate records, streamline operations, and make informed financial decisions efficiently.
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Answered 1 day ago Learn Tally Software

How do I open or convert tally 7.2 data in Tally ERP 9?

Ranjith N

"Transforming your struggles into success"

To open or convert Tally 7.2 data in Tally ERP 9, copy the data folder from Tally 7.2, paste it into the Tally ERP 9 data folder, and then open Tally ERP 9. Use the **"Rewrite"** option when prompted to upgrade the data format.
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Answered 1 day ago Learn Tally Software

What is the best way to insert tally marks in Microsoft Excel?

Ranjith N

"Transforming your struggles into success"

The best way to insert tally marks in Microsoft Excel is to use the REPT function combined with a vertical bar (|). For example, `=REPT("|", A1)` will display the number of tally marks based on the value in cell A1.
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Answered 1 day ago Learn Tally Software

What is tally accounting?

Ranjith N

"Transforming your struggles into success"

Tally accounting refers to the use of Tally software for managing financial transactions, including bookkeeping, inventory management, and financial reporting. It automates accounting processes, ensures GST compliance, and provides real-time insights into a business's financial health.
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Answered 4 days ago Learn Tally Software

What are the differences between tally and SAP businesses?

Ranjith N

"Transforming your struggles into success"

The main difference between Tally and SAP business is the type of companies using it. Tally is suitable for small and startup companies which do not require immediate specialized operations while SAP is suitable for large, medium and advanced companies who process large amounts of data.
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198 Answers 14 Lessons

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