Tally accounting software is resourceful and massive software package. It is used by various types of trade and industry. In other words, Tally accounting software is complete Accounting system. Tally accounting software is handles different types accounting work. For example, Payments books, Receipts book, Journals, Debit Notes, Sales and Purchase books, Delivery note and etc. accounts receivables is the amount to be received from sundry debtors and accounts payable is the amount payable to Creditors ( suppliers). Tally accounting software will provides complete bill wise information of amounts of receivable as well as payable either Party wise or Group wise.
What are the features of tally accounting software?
Tally accounting software allows the user to define account heads as per his requirements. Flexibility and ease of configuration allows by tally accounting software, it will be used across industries and geography. Since it has more features which are listed here.
- The new option directory has been introduced to specify Data Directory in the Company Creation Screen.
- To keep data for one company in one drive/ directory.
- Tally lock storage device is used to share the information quickly.
- Tally vault is used to keep the data in encrypted format instead of Normal form.
- All the profitability reports, invoice wise reports, item wise reports , place wise reports are summarized easily.
- Display all vouchers for a grouping method.
- Income and expenditure statement also available to view Profit and loss account.
- Using the Tally Defined Language, we customize the user friendly environment to the organization.
- Tally is availability on windows 95, 98, XP, 2000, NT and Linux. This software is run on single personal computer, LAN and WAN. If on a Network supports access via any combination of platforms.
- Tally is now Web Enabled. While working with tally you can browse by clicking the browser button.
A powerful feature of Tally allows you to create a personalized chart of accounts to reflect the nature of the business.
- Tally allows user to import data from other software as well as export data from tally.
- Tally maintained the inventory transaction, Accounting transaction and Accounts with Inventory transaction easily.
Tally provides a comprehensive solution to the accounting need of business. The package comprises, book-keeping, financial accounting, inventory accounting and number of tools for extracting information.
What are the uses of tally accounting software feature in Accounting?
Accounting has been defined as the art of recording, classifying and summarizing monetary money transaction in a significant manner. Tally maintain ledger wise balance and display net debit or credit balance for a ledger. Using Reverse journal to make transient journal vouchers to get intermediate Profit and Loss and Balance sheet and cash flow statement.
Tally accounting software offers high levels of security. The user can define multiple levels of security as per his requirements and every authorized user in the company can have individual passwords with rights to use specific features only. The user with administrator level password will have full
access and can set controls to other users.
Latest Version Tally Accounting Software Free Download
Tally accounting software are the world’s fastest and most powerful concurrent Multi-lingual business Accounting and Inventory Management software. There are many version are available for users. Few of this is mentioned here, namely-
- Tally 4.5
- Tally 5.4
- Tally 6.3
- Tally 7.2
- Tally 8.1
- Tally 9
- Tally ERP 9
Click here to get Tally Accounting Software Free Download