What is Tally software?

It's an ERP for SMEs.
Detail can be found from its website: http://www.tallysolutions.com/website/html/index.php

Tally is an accounts and inventory management software which is having many other features too.
With the latest version of this software Tally9 you can 1.
do all basic accounting functions, 2.
Manage your store and items, 3.
do the job costing, 4.
manage payroll, 5.
get many mis reports which are useful for day today functions, 6.
file your tax returns like prepare balance sheet, profit and loss statement, VAT forms, TDS, returns, Service tax returns, e-TDS filing, Excise forms, FBT reports and forms, 7.
maintain budgets, scenarios, 8.
calculate interest on pending amount 9.
manage data over different locations and synchronize it and many more other features.

Tally is an accounts and inventory management software with which you can do the following:

1.     Maintain basic accounting,

2.       Inventory Management

3.       Helps in costing,

4.       Payroll management,

5.       Generate MIS reports,

6.       Prepare Balance sheet, Income and Expense statement, etc

 

Tally comes with multi-user and multi-location capabilities too.

Tally is a financial accounting software package designed by Tally Solutions mainly for small businesses and shops.
Tally is a complete business accounting and inventory management software that provides various facilities like Govt.
supported formats, multilingual operations, online functions and processing for small and medium businesses.

The Late Shri S.
S.
Goenka, founder of the company Peutronics Pvt.
Ltd.
set up Tally's software business in 1986.
Tally Solutions Pvt Ltd is a Bangalore-based financial accounting software company that currently sells into more than 100 countries beyond its native India, including the United Kingdom, Bangladesh and the Middle East.
Tally's software is mainly used for vouchers, financial statements, and taxation in many industries, and has specialised packages for retail businesses.
More advanced capabilities are found in its Enterprise resource planning package.
This software is one of the best for financial management providing receivables turnover, fund flows, variance analysis, consolidation of companies and branch accounting.
Accounting software is easy to use.
Tally accounting software has an inter link for easy navigation of entered file among all reports and listing.
You can also utilize it as bank account, inventory keeper or personal stock or an assets manager.
It is also utilized to keep your daily accounts or for some specific financial transactions.
To fulfill your aspirations for accounting, this tally software is extremely valuable and it doesn’t need a lot of resources.
It keeps financial details and taxes documentation.
tally software available in the market that can be obtained at a very reasonable price without compromising the service.