Moreover, it has different security controls which allow you to manage access to sensitive data.ħ. Safe and sound – Data entered in Tally is encrypted cannot be easily tampered with or changed. Flexibility – Tally allows you to switch between multiple reports, companies, and different branches of the same company.Ħ. It has a simple, user-friendly interface that is easy to use and makes accounting accessible even for learners from a non-commerce academic background.ĥ. Easy-to-use – The tagline of Tally is ‘Power of simplicity’. Versatile – Tally can be used many tasks such as accounting, billing, inventory management, tax management, payroll, etc.Ĥ. Error-free reporting – The calculations are automated in Tally, which reduces the number of errors that may be made during manual accounting.ģ. These real-time reports help businesses in making crucial decisions faster.Ģ. Once you enter ledgers and vouchers in Tally, it can generate balance sheets and profit and loss reports within a few seconds.
Lightning-fast – One of the most important reasons why Tally became the go-to choice for accountants and auditors is because of its swiftness. To begin with, let’s find out what are the features of Tally that makes it an industry leader:ġ. What are the careers that you can explore after learning Tally? What are the different versions of Tally?Ĥ. In this article, we will cover the following aspects of this software:Ģ. This popularity remains unparalleled even today with a user base of 2 million businesses worldwide. It developed a computerized accounting software, Tally, and revolutionized the business accounting landscape.ĭeveloped in 1986, Tally quickly became the go-to accounting software.
However, manual accounting could get taxing. Traditionally, this was done manually wherein an accountant used notebooks to maintain a balance sheet and calculate income and expenditure. Besides keeping a track of your company’s finances, it helps you see the financial growth and make strategic decisions.
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