How Can Tally Help Business?

What is Tally ERP 9?

Tally ERP 9 enables you to control numerous financial & business functions with the aid of one software. It has numerous functions that enable smooth integration of business operations. Staff, chartered accountants, business owners, managers and others can view as well as work on data irrespective of where they are located 24/7. Tally Software delivers effective, simplified responses for the most difficult business functions.

It offers an all-encompassing regulation to cater to the requirements of both small as well as large businesses. It is basically about superior performance in business operations. Apart from helping you control your accounts, finance, statutory & inventory. It aids you to supervise your branches, warehouses and manufacturing units with ease. It also brings forth energy and expertise to your human resource and payroll management. It delivers the best combination of flexibility, regulate business operations and functionality, and yet maintain simplicity.

Why has Tally become a requirement for businesses across the world? Because of trusted remote access, 24x7 connectivity, swift set-up procedure and user-friendly are all the capabilities that make it a necessity.

Features of Tally Software

So what are some of the features of Tally Software? Some of them are:

Accounting & Finance:

With Tally ERP 9, one can manage accounts till finalisation, supervise funds and cash flows, monitor budgets & expenses, be on top of outstanding receivables as well as consumer credit limits, bank reconciliation procedures, transact in numerous currencies and so forth.

Sales, Inventory & Purchase Management:

This feature helps in knowing your stock correctly keeping in mind the order that are booked and recorder levels. It aids in executing a sales procedure from implementing an order to receiving cash. One can plan material purchase from order to payment.

Job Costing

This feature enables you to acquire a complete job work analysis report to witness a break-up of the project or a comparative work analysis reports with Tally ERP 9.

Integrated Payroll Management

You have the capability to tackle payroll compliance checks right from payslip generation to salary revision, loans and advances, ad-hoc payments, deductions and so forth.

Data Synchronization

Data Synchronization delivers smooth integration of data across vendor outlets and retail chains.

Statutory Compliance

With Tally ERP 9, you can effortlessly decide the direct taxes like TDS and TCS and indirect taxes such as VAT, CST, Excise Duty, Service Tax and so forth that is pertinent to the business.

Security & Access Control

This feature allows you to decide the levels of access control and the system can be locked down with the aid of Tally ERP 9.

Apart from the above mentioned ones, there are several other functions in Tally ERP 9 that have been created to improve the efficiency and decrease the time and effort taken for several business processes.

Riyaz Tamboli is a Director at Antraweb Technologies Pvt. Ltd., a leading provider of Tally ERP solutions built on the Tally platform.