Tally Based Book Keeping
Tally ERP 9 is very detail 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 keyboard along with few short cut codes. The software is developed keeping in mind the broad accounting principles and commercial laws which is very much fundamental for better management of 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 software’s like QuickBooks, Zoho Books, Fresh Books or Xero which runs on cloud without any local installation. However, with the ERP.Net feature the tally can 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.
Silent Features of Tally. ERP9
1 The tally is the oldest and most popular accounting software in India which have evolved over a period with continuous updates. This enjoys special favour of old chartered accountants.
2. The biggest plus of tally is its simplicity, with minimal training and accountant can handle it, this scalable and can be implemented in any environment or sector. The software comes in different variants to suit the business requirements.
3. 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 where as other computers operates as agents, many people can operate simultaneously
4. 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.
5. Tally have inbuilt capability to support payroll process of a company and there is no need to implement any separate software for payroll process.