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What is Tally

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Tally is popularly known as an accounting software for small and medium businesses. It does all the functions of accounting that a particularly mid sized business has. This is the view of most of the persons who know about Tally.

But Tally does much more than that. Tally is not just an accounting software. After the release of ERP version of Tally, the capability and functioning of Tally is much more widened and extended to a great extent.

Well, Tally is a complete Enterprise Resource Planning system with a excellent grip in accounting features. Although it has many more core features that a business requires but its hold in accounting is truly commendable. Therefore it is known more for accounting rather than any other of its features.

If I have to mention a single software for a business need even if the business is just starting out, Tally is the one which I would recommend.

The reason for this recommendation is because Tally does all the things that a business at a time of starting up requires.

Core Features of Tally:

  1. Accounting
  2. Billing
  3. Payroll
  4. Inventory
  5. Banking
  6. Taxation (VAT, TDS, TCS)
  7. Reporting
  8. Ratio Analysis

This is about Tally. I have not seen a software like Tally which is so simple and still have so much in it that I cannot even remember all the things. This is why Tally is used in more than 100 different countries apart from India.

From a shop to manufacturing enterprise Tally can do all of it.

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