Tally Software uses

by Elina Roy Tally Customization Expert

The Tally.ERP 9 software is designed for the purpose of helping businesses succeed in an integrated and controlled environment. Tally.ERP 9 simplifies business processes such that managing it is easy and effective. Tally.ERP 9 Designed with the principles of simplicity, flexibility, and reliability, Tally.ERP 9 seamlessly adapts to your business environment and scales itself as your business grows.

Following are some uses of Tally.ERP 9

Accounting: is the main use of Tally.ERP 9 If we particularly talk about accounting, Tally.ERP 9 has segmented it into 6 different functions.

Contra (Only for cash and bank related entries)

Payment (For payment entries)

Receipt (For receipt entries)

Journal (For entries which don't include cash or bank and for closing entries)

Sales (For sales billing)

Purchases (For purchase billing)

Ratio Analysis: In the Gateway of Tally.ERP 9 there is an option called Ratio Analysis which displays many important ratios on the basis of information which is entered by you at the time creating vouchers.Ratio Analysis in Tally.ERP 9 helps you to make quick decisions about your business or your client’s business.

Reporting: Different types of reports are required at different times for making effective business decisions. In Tally.ERP 9 there are reports such as

Statutory Report
Payroll Report
Job work In and Out report

Banking: Banking functionality is very well covered by Tally.ERP 9. Though it was not present in earlier versions of Tally but is there in Tally.ERP 9.

You can directly print cheques, maintain cheque register, create deposit slips and payment advice in Tally.ERP 9.

Inventory: In Tally.ERP 9 you can classify inventories on the basis of groups, units, different stock items, godowns in which they are located.

Payroll: For maintaining Payroll in Tally.ERP 9, there are functions like Employee Categories, Employee Groups, Attendance, Pay Heads and of course Employees.

For a manufacturing entity, there are functions such as Units (Work) and Production Types by which information regarding production done by employees in specific units can also be measured.

Billing: The best thing in Tally.ERP 9 is that when you create a billing entry you do not have to create again accounting entry for that bill. This reduces redundancy in entering a big amount of data.

To know more about Tally.ERP 9 and tally software dealers

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http://rapidinfologix.com