Tally.ERP 9 has been developed by Tally.ERP 9 Solutions Pvt. Ltd., a Bangalore-based Company in India. It’s a very user-friendly and popular Accounting Software that runs on MS Windows and also Computes for Indian VAT, TDS and Service Tax. It can even maintain your accounts and Inventory simultaneously. A few key features of Tally.ERP 9 are listed below...
Codeless Accounting System : Normally for other Accounting Software’s, a certain code is used for identifying any particular ledger, for example, Ledger Code B2081indecates “ Printing & Stationary”.
Unlimited Accounting Period : It means you can maintain the records for more than one Financial Accounting Period, for example, you can maintain the record for the financial Year ( F.Y.) 05-06 and 06-07 for the same company.
Simultaneous Operation of multiple companies : It means you can update the data record for more than one Company simultaneously, for example : at the same you can update the data for all of your companies in the same group.
Accounting for the Complete Group of Companies : You can prepare a consolidated balance sheet for all the members of your group companies.
Data Import and Export Facility : You can import or export any particular data from one Company to another Company.
Audit Facility : Using this facility you can check the recorded voucher and make modifications as per requirement.
Budgeting : Allows you to analyze the variance (difference between actual and Standard ) for expenses , income, etc.
Scenario Management : Can be used for projected Profit and Loss A/c and Balance Sheet.
Bank Reconciliation Statement
Price List, Ageing Analysis for Stock Item : Rate of Product can be defined with its quantity.
Cost Center and Cost Category-wise Account Analysis : These features are very useful for Unit –wise analysis, for Example: You may want to analyze employee-wise cost, Brach-wise Cost etc.
Usefulness in Manufacturing Business : Useful for calculation of Cost of Goods Sold.
Ratio Analysis, Cash Flow, Funds Flow
Foreign Currency :Useful for calculation of foreign gain and loss using foreign currency.
Defining the Bill / Voucher Entry Setup.
Columnar Reporting related to Stock and Accounts.
Adherence of Purchase and Sales procedure such as Order, Challan, Bill.
Credit Control : Credit Control is possible for a Customer.
Tracking through Receipt / Delivery Notes.
Profitability Analysis of Stock.
(a) Indian VAT
(d) Service Tax
(a) Indian VAT
(d) Service Tax
What Makes Tally.ERP 9 the best
Simplicity • Speed • Power • Flexibility • No codes • Real Time • Online help
Why Tally.ERP 9 is the best for Simple Accounting
Complete book- keeping • Books, Registers and Statements of Accounts • General Ledger • Outstanding Management, including Credit Limit, Accounts Receivables and Accounts Payables • Flexible Voucher Numbering • Flexible Classification of Account Heads • Bird’s eye view • Drill Down Display • Date based reporting • Voucher and Cheque printing • Columnar Reports • bank Reconciliation
Why Tally.ERP 9 is the best for basic Financial Management
Multiple Companies • Multi Currency • Multiple Financial Years • Comparison of Data using Multi-Columnar Reporting • Memo Vouchers • Post dated Vouchers • User defined Vouchers Types • sales and Purchase Extracts • Cash Flows • Daily Balances & Transaction Values • Interest Calculations • Percentage based Reporting
Why Tally.ERP 9 is the best for advanced Financial Management
Fund Flows • Receivables Turnover (payment performances of Debtors) • Branch Accounting • Flexible Period Accounting • Consolidation of Companies • Budgeting and Control • Cost Centre & Profit Centres, with Multiple Cost categories • Variance Analysis • Ratio Analysis • Scenario Management, including reversing Journals and optional Vouchers
Why Tally.ERP 9 is the best for simple Inventory/Stock Management
Flexible Invoicing • Purchase Invoices • Discount Column in Invoicing • Flexible Units of Measure – including Compound Units • Grouping and Categorization of Stock Items • Voucher Classes – with predefined rules & information • Physical Stock Verification • Separate Actual and Billed Quantity Columns • Consumption report • Use Names and /or Part Numbers
Why Tally.ERP 9 is the best for basic Inventory/Stock Management
Stock Categories • Stock Query – by Stock Group or Stock Category • Multiple Godowns • Stock Transfers to Godowns / Branches • Multiple Stock valuation Methods • Batch wise / Lot wise – including Expiry date handling • Alternate Units of Measure & Tail Units • Sales and Purchase Order Processing • Tracking through Receipt Notes / Delivery Notes / Rejections Inward / Rejections Outward • Additional Costs incurred on Purchase • Movement Analysis – Stock Group wise / Stock Item wise / Invoice wise / Location wise • Customisable Sales invoices • Price List with Multi Price levels
Why Tally.ERP 9 is the best for Advanced Inventory/Stock Management
Stock items Classification as Raw Materials, Work-in-progress, Finished goods • Bill of Material, with auto adjustment of stocks • Job-working concepts – including sub contracting • Additional cost of Manufacturing with notional value and percentage • Excise / VAT analysis on invoices • Modvat Support • Reorder levels • Stock Ageing Analysis • Batch related stock reports
The technology advantage of Tally.ERP 9
Data Reliability • Data Security • Tally.ERP 9 Audit • Tally.ERP 9Vault • User defined Security Levels • Simple & Rapid Installation • Unlimited Multi-user Support • Internal Backup / Restore • Removal of Data into Separate Company • Multi-Directory for Company Management • Import / Export of Data • Graphical Analysis of Data • ODBC compliance allows other programs to use data from Tally.ERP 9 directly e.g. MS-Excel • Web-enabled • Ability to publish reports and documents on the Internet • Direct Internet Access • Print Preview
Start Tally.ERP 9 using the following approaches :
The welcome screen , “Tally.ERP 9 – Power of Simplicity’ appears while the software loads. When the Tally.ERP 9 start-up screen appears, you are ready to explore Tally.ERP 9.
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