5 Valuable Tally Accounting Software Features That Increase Efficiency of Small Businesses

Anyone who has even a fraction of idea what accounting software is also knows about Tally. In fact Tally has become synonymous to accounting software. After Tally, businesses in India were never the same. Today, Tally powers more than 9 lakh businesses worldwide.

A pioneering company, Tally was the first to introduce code-less software, a natural language interface, path-breaking remote functionality and other unique capabilities. It was the first to launch free service and breakaway commercial terms including free upgrades and no charge per seat to transform the ownership experience. Its strong principle right from the early years to reach customers through a dedicated partner network has resulted in a robust partner system.

Features and Benefits of Tally Accounting Software

An accounting software package that is designed to streamline, speed-up and enhance the accounting processes can deliver significant and measurable value to companies of all sizes. It makes the accounting processes such as tracking cash flow, revenue calculation and payroll easy and accurate. What more, your financial information stays secure and you can access it from anywhere with the right security code. In short, solution like Tally accounting software is a great investment for any small business.

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Tally accounting software can be customized, extended and integrated right from granular levels to features, so your business can achieve higher efficiency. Example: taking the Sales feature in Tally.ERP 9 to new dimensions.

“The tally accounting software has been made to fulfill the requirements of companies representing the development. There is no place of mistakes being done when you utilize this accounting software. It covers multiple items with many advanced service and products for various companies which include small business. This software is an accurate, fast and effective method to maintain your company records. The features and the flexibility of this software can be utilized for Gold accounting and some other bullion metals and commodities accounting. This is best for people who don’t have time to figure out costs which change often without notice.” (Source: icajobguarantee)

Tally accounting software is undoubtedly a powerful accounting tool, which is driven by a technology called concurrent multi-lingual accelerated technology engine.

1. An easy to use software, Tally has been designed and developed to simplify complicated day to day finance activities associated with business operations. Tally provides comprehensive solution around accounting principles, inventory, stock, invoicing, and data integrity.
2. With Tally accounting software you can drill down to every detail of transactions. The accounting software helps create simple classification of accounts, general ledger, accounts receivable and payable, bank reconciliation, etc. Tally software supports all the major types of file transfer protocols. This helps in connecting files across multiple office locations.
3. For the payroll, Tally offers functions like Employee Categories, Employee Groups, Attendance, Pay Heads and of course Employees. Complex payroll calculations are automatically done in Tally when we use the Payroll function.
4. Tally accounting software is capable of undertaking financial analysis and financial management. It provides information around receivables turnover, cash flow statement, activity consolidation and even branch accounting. Taxation is also covered by Tally. Right from Income Tax, VAT, Excise, Customs and Service Tax everything is taken care of by Tally.
5. Tally accounting software is easy to set up and simple to use. A single connection can support multiple users. It can be easily used in conjunction with the Internet making possible to publish global financial reports. Tally accounting software can seamlessly connect with various Microsoft applications.

Afterthought…

Tally accounting software is powerful and has in-built features that are designed to meet the complex needs of a growing business. These features will help you speed up your business processes, take quicker decisions and enhance your productivity.

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