What is Tally ERP 9 Software?
What is Tally?
Tally is an ERP accounting software package used for
recording day to day business data of a company. The latest version of Tally is
Tally ERP 9.
Tally ERP 9 Software is one acclaimed financial
accounting system and inventory management system with power computer.
Tally ERP 9 is one best accounting software that can
integrated with other business applications such as Sales, Finance, Purchasing,
Payroll, Inventory, etc.
Tally software stores all the business transactions of
each account in detail. Tally ERP 9 follows double entry accounting system and
hence eliminates and rectifies possible errors.
Features
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 generate and sustain 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.
Versions
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 next 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 next version of Tally was Tally 7.2
and it was released in 2005. This version was added with a new features of statutory
complimentary version and VAT rules as per state wise.
The next version of Tally was Tally 8.1
and it was developed with a new data structure. This version was supplementary
with new structures of POS (Point Of Sale) and Payroll.
Due to bugs and errors, a new version of Tally
9 was released in 2006. It has maximum features like Payroll, TDS, FBT,
E-TDS filling, etc.
Tally ERP 9 is the latest version of Tally and released in
2009. This latest Tally ERP 9 package offers maximum features for small
business industries to large business industries. It also updated with new
features of GST (Goods & Services Tax)
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