What is Accounting Software?
• Tally is a financial statement accounting software and it is very useful.
• Tally is a complete business accounting and inventory management software that provides various facilities like Govt. supported formats, multiple operations, online functions and processing for small and medium businesses.
• Tally training is useful for MBA and BBA students.
Advantages of Accounting Software
• Speed:- Using accounting software, the entire process of preparing accounts becomes faster. Furthermore, statements and reports can be generated instantly at the click of a button.
• Accuracy:- This accounting system is designed to be accurate to the minutest detail. Once the data is entered into the system, all the calculations, including additions and subtractions, are done automatically by software.
• Useful in decision Making:- The computer provide very useful services to the management in solving various problems faced by businessman.
• Cleanliness:- The accounts prepared by a computer are clean and clear which makes reading and understanding them very easy.
• Uniform Statements:- An account needs various statements in different forms and computer give required information in the required form.
For example: salary statements are prepared every month.
• Number of copies:- If number of copies are required for the same type of information in the standard form, then the printer attached to the computer gives such copies within minutes and that too very clean, accurate and in standard form.
• Less Expensive:- This will reduce the clerical expenses and few persons are required to do the same amount of clerical work.
• Possibility of Changes Reduced:- It means no person in the accounting department can make any changes.
• Observing Provisions of law made easy:- It will provide required information in standard forms very speedily and accurately.
What is Tally?
• Tally is an ERP accounting software package used for recording day to day business data of a company.
• Tally.ERP 9 is one best accounting software that can integrated with other business
applications such as Sales, finance, Purchasing, Payroll, Inventory, etc.
• The latest version of Tally is Tally.ERP 9 and released in 2009.
History of Tally
• The first version of Tally was Tally 4.5 and it was released in 1990’s. It is a MS-DOS based software.
• The second version of Tally was Tally 5.4 and it was released in 1996. It was a graphic interface version.
• The third version of Tally was Tally 6.3 and this Tally version was released in 2001. It is a window based version and supports in printing and implemented with VAT (Value Added Tax).
• The forth version of Tally was Tally 7.2 and it was released in 2005. This version was added with a new features of Legal complimentary version and VAT rules as per state wise.
• The fifth version of Tally was Tally 8.1 This version was added with new features of POS (Point Of Sale) and Payroll system.
• The six version of Tally 9.0 was released in 2006. It has maximum features like Payroll, TDS, FBT, E-TDS filling etc.
• Now, Tally.ERP 9 is the latest version of Tally and released in 2009. This latest Tally ERP 9 package offering maximum features for small business industries to large business industries. It also updated with new features of GST (Goods & Services Tax).
Features of Tally
• Tally ERP 9 supports multi languages, so it is called as multi-lingual tally software. Accounts can be maintained in one language and reports can be viewed in another language.
• You can create and maintain accounts up to 99,999 companies.
• Using payroll feature, you can automate employee records management.
• Tally has feature of synchronization, the transactions maintained in multiple locations offices can be automatically updated.
• Generate consolidated financial statements as per requirements of company.
• Managing single and multiple groups are very important features of tally.
• Supports multi operating systems such as Windows & Linux and can be installed on multiple systems.
• Tally ERP 9 software is a low cost of ownership and it can be easily implement and customize.
• It is built in back up and restore, so the user can easily backup all companies data in a single directory, in a local system disk.
How to download Tally ERP 9?
• Tally ERP 9 software can be downloaded from the official website of Tally Solutions i.e. https://tallysolutions.com
• Choose the option downloads from the Menu
• Choose the option Tally.ERP 9
• Now download the latest version of Tally.ERP 9 by choosing the option Install now
How to Start Tally ERP 9 Software?
• After successfully installation of Tally ERP 9 on windows
• You can start Tally ERP 9 by using one of the following method.
• Double click on Tally ERP 9 icon from computer desktop
• or Follow the Path: Start > Programs > Tally.ERP 9
The Tally Startup Screen
• The startup screen appears with the options
• Here we are using Tally ERP 9 software for educational practice purpose, so we choose the option work in education mode.
The Tally Welcome Screen
• After log in to Tally, the welcome screen of Tally ERP 9 power of simplicity displays on the system.
The Gateway of Tally Screen
• After loading the Tally.ERP 9 software on your system, the gateway of tally displays on the screen.
How to Close/ Quit Tally ERP 9?
• Press ESC key from your keyword until you see the confirmation message
QUIT: YES/ NO,
• Press Y from your keyword to Quit Tally ERP 9.
• You can quit Tally.ERP 9 without confirmation message by pressing Ctrl + Q buttons from Gateway of Tally.
• Alternatively click on quit option which is available on right top menu.
Download link for more detail: Introduction To Tally
Or follow my blog from below link
0 Comments