How Tally software helpful for Business

                  

   

Tally.ERP9  

Tally ERP 9 is the Indians most popular business software and GST software.  Tally is the leader in helping businesses in managing their compliance for more than two decades. Tally works offline and so you don’t need an internet connection to operate.

Pricing: Tally ERP 9 Silver (Single User) INR 20000
Tally ERP 9 Gold (Multi-User) INR 60000

List of Basic Features you must look in any GST software:

1. Create GST Invoices

2. Tally provides user to make entries day to day & it can easily show the closing balance of the creditor & Debtor.

3. Get GSTR1 and GSTR2 & GSTR 3B reports

4. Track sales & Purchase Invoice, payment, Receipt Voucher & Purchase & sale order features are available in it.

5. Track cash flows with P&L and balance sheet

6. Import transactions automatically with online banking

7. Track inventory levels & get low-inventory alerts

8. Create budgets and purchase orders

9. Unlimited user access. Tally provides multi & single user feature for login access.

10.The multi-currency feature is available in Tally, we having cash measuring tools in it as per dollar.

11. Anytime, anywhere access from your mobile, computer or tablet. After purchasing GST key, it provides us login Ids where u get excess to open our account from any desktop, but this feature available in the multi user tally only.

12. Includes free updates and new features, Tally provide new update till year of purchase of this software. After 1year u can still use tally but u can’t update it, you must need to buy a TSS which is about 12K in multi user & 4K in Single user.

13.Provide all feature like profit & loss, Balance sheet, cash flow, Ratio analysis & other tools as per business needs.

14. File GST returns by making a Jason files automatically through tally.

Tally ERP.9 Software: -

Company Creation:

                                                        

It’s so simple to learn Tally u can learn this software within a month & to become professional in it probably take little more time because of lots of feature in it where I himself not know about it.

After Creation of Company:

You’ll seen the given picture like that Image in your desktop after u creation of company. This is the gateway of Tally where you see the main heading in black-color. Highlighted alpha in the word is the shortcut to enter on it. If u now to open thing more quickly u must have to know these kinds of small shortcut to open file more quickly. Like after pressing “V” in Gateway of Tally Accounting Vouchers”” Automatically open because of that highlighted V.

Right word keys showing the shortcut key of the Vouchers

F1: Inventory Vouchers (Alt+F1), After pressing it u seen stock journal screen where u convert goods or transfer of goods to one go-down to another.

Remember always tally provide you shortcut keys most of the time in their right side but sometime after creation of new company some features are not open automatically you need to open it itself then only it show toward right side.

F2 is for Voucher Date.

F3 is for opening new company while making a new company

F4 is for Contra Entries, three type of Contra entries are: Deposit cash at Bank, withdraw of cash & Transfer cash from one bank to another.

F5 is for Payment, when we make payment to anyone then we pass entry in it.

F6 if for Receipt, when we receive cash from anyone weather it’s in cash or at bank it is recorded in Journal.

F7 if for Journal, in journal we generally pass those entries which doesn’t affect cash & sometime whenever we right-off some amount we use journal for it.

F8 is for Sales, sometime we don’t know while creating a ledger Party name is not show in Sale it’s because we take that ledger under wrong place. So Tally sometime not accept your entries so don’t worry if you're in any problem while using Tally.

F9 is for Purchase, we record all the vouchers in Tally to which we purchase from other party.

F10 is for Reversal Journal, it’s the reverse entry for decreasing the previous balance but we use it in journal entries too.

We having a option to create a new Voucher too, some people create different voucher of 

Payment-Receipt in Bank & payment-Receipt in cash. Tally is easy to use if know to learn Tally it’s available online as well.

Hope you like to work in Tally, Thanks to read my Blog about Tally.