What is Tally ERP 9?
Tally ERP 9 allows you to control several financial and business functions using a software. It has several features that enable smooth integration of business operations. Staff, chartered accountants, business owners, managers and others can view and work with data wherever they are around the clock. Tally Software provides efficient, simplified answers to the most difficult business functions.
It offers an all-encompassing regulation that meets the requirements of both small and large companies. It’s basically about superior performance in business operations. Aside from helping you control your accounts, finance, statutory and inventory. It helps you monitor your branches, warehouses and production units easily. It also brings energy and expertise to your human resource and payroll management. It delivers the best combination of flexibility, regulates business operations and functionality and yet maintains simplicity.
Why has Tally become a requirement for companies around the world? Due to reliable remote access, 24×7 connectivity, fast setup procedure and user-friendly, all the options make it a necessity.
Features of Tally software
So what are some of the features of Tally Software? Some of them are:
Accounting & Finance:
With Tally ERP 9, you can manage accounts until completion, monitor funds and cash flows, monitor budgets and expenses, be on top of outstanding receivables as well as consumer credit limits, bank reconciliation procedures, trading in several currencies and so on.
Sales, inventory and purchase management:
This feature helps to know your inventory correctly by remembering the order reserved and recorder levels. It helps to execute a sales procedure from implementing an order to receiving cash. You can schedule material purchases from order to payment.
This feature allows you to acquire a complete job analysis report to witness a breakdown of the project or a comparative work analysis report with Tally ERP 9.
Integrated payroll management
You have the capacity to tackle payroll compliance checks ranging from payroll generation to payroll audits, loans and advances, ad hoc payments, deductions and so on.
Data synchronization provides smooth integration of data across points of sale and retail chains.
With Tally ERP 9 you can easily decide the direct taxes like TDS and TCS and indirect taxes like VAT, CST, excise duty, service tax and so on that are relevant to the business.
Security & access control
This feature allows you to determine the levels of access control and the system can be locked with support from Tally ERP 9.
Apart from the above, there are several other features in Tally ERP 9 created to improve efficiency and reduce the time and effort taken for multiple business processes.