AN OVERVIEW
OF
TALLY ERP-9
PRESENTATION BY
B.BAVITHRA
WHY DO BUSINESS NEED AN ACCOUNTING
SOFTWARE ??
49%
42%
37%
35%
32%
30%
28%
28%
TOP REASONS WHY BUSINESSS BUY ACCOUNTING SOFTWARE?
TO AUTOMATE THEIR BUSINESS
TO COMPLY WITH TAX REGULATIONS
TO PRINT BILLS ,INVOICES,QUOTES
AND OTHER DOCUMENTS
TO MAKE BETTER FINANCIAL
DECISIONS
TO MANAGE MULTIPLE BUSINESS
TO MANAGE MULTIPLE BRANCHES
TO MANAGE RECEIVABLES AND
PAYABLES
TO MANAGE INVENTORIES
SOURCE: Based on a survey conducted among customers of Reach accounting
software.(www.reachaccountant.com)
TOP 10 ACCOUNTING SOFTWARES FOR MSME
IN INDIA 2020
 10. SARAL
9.VYAPAR
8.MY BOOKS
SOURCE:
www.icajobguarantee.com
www.softwareworld.com
5.PROFITBOOKS
7.MARG ERP9+
6.LOGIC
4.BUSY ACCOUNTING SOFTWARE.
3.QUICK BOOKS INDIA.
2.ZOHO BOOKS
1.TALLY
• 1990
• MS DOS VERSION
TALLY 3
• 1994
• LEDGER CREATION,VOUCHERS,SIMPLE
FINANCIAL REPORTS.
TALLY4.5
• 1996
• WINDOWS OPERATING SYSTEM,
DETAILED INVENTORY SYSTEM.
TALLY 5
EVOLUTION
• 2001
• INTERACTED WITH OTHER SYSTEM USING
OPEN DATABASE SYSTEM
TALLY 6.3
• 2005
• INTEGRATED ENTERPRISE SYSTEM WITH TAX
COMPLIANCES LIKE TDS,TCS,VAT,SERVICE
TAX
TALLY 7.2
• 2006
• MULTI LANGUAGES. SUPPORTS UPTO 10
LANGUAGES
TALLY 8.1
• 2006
• 13 LANGUAGES INCLUDING FOREIGN
LANGUAGES, PAYROLL
TALLY 9
TALLY ERP 9 (2009)
 Complete business management
Offers different features such as
 remote access
 Much commanding data security.
 Tally.net
 And several more.
TALLY PRIME (2020)
Latest version which
revolutionizes the look of the
software. It also changes the
navigation process and makes it
even more simpler to use.
E-INVOICING is the additional
feature.
Features of
TALLY ERP-9
PURCHASE AND SALES TRACKING
 You can track your sales and
purchase vouchers by properly
numbering them.
 NO NEED TO MANUALLY TRACK YOUR
ORDERS.
 Tally generates a consolidated
report of these entries which can be
viewed for any particular time
period.
INTEGRATE ACCOUNTS WITH INVENTORY
 Tally intrgrates both accounts and
inventory thus both are updated if
changes are made in any one of the
two.
PAYROLL MANAGEMENT
 Employee management may be
difficult without a software.
 Their documents and details need
to be maintained and updated fom
time to time.
 Tally ERP 9 makes this possible by
maintaining all detains of the
employees including their
 attendance
 Salaries
 loans and other details.
BANK RECONCILIATION
 Bank reconciliation is a
process in which the cash
books and the passbook( bank
statement) of the company
are reconciled and if there is
any mismatches, it shows.
 This feature in Tally helps us
to find out if there are any
mismatches directly in Tally
and HENCE SAVES A LOT OF
TIME OF THE USER.
EASY REPORT GENERATION
 Decision making is a CRUCIAL TASK for
any business.
 Tally provides consolidated report which
is a summary of the whole business.
 Many reports such as PROFIT & LOSS
statement , BALANCESHEET, CASHFLOW /
FUNDFLOW report , RATIO ANALYSIS
report , etc.
 All these reports are useful in decision
making.
E-WAY BILL GENERATION
 Often businesses have to
transport and sell their goods to
far away places.
 The govt. has asked to generate
an e-way bill for the
transportation of goods of value
more than Rs.50000 .
 TALLY SUPPORTS THIS FUNCTION
AND GENERATES E-WAY BILLS thus
providing a one-step solution.
TALLY HELPS IN GST RETURN FILING.
 Today every business are having Registered
GSTN number irrespective of its line of
business, they need to file GST Returns in a
manner as suggested by the GST act.
 Failing to do so will lead to a penalty which
will be paid by the business.
 Tally is one of the software which assists in
filing returns.
 It makes tally a complete accounting
package.
SECURE REMOTE ACCESS
 Tally can be assessed
remotely.
 An owner can check his tally
from the comfort of his home
by taking the remote access of
his tally.
 Tally provides free and secure
access through its TALLY.NET
SERVER
 One need to get a valid
Tally.net Subscription by
paying the fee yearly once.
DATA SYNCHRONIZATION
 TALLY allows sharing of data
across various locations.
 Data synchronization helps the
business with multiple branches
and a HEAD OFFICE.
 It usually has the SERVER AND
CLIENT PC setup.
TALLY ERP -9 AUDITOR’S EDITION
 Secure remote access to client data.
 At-a-glance dashboard showing
voucher /ledger correctness and
verification status.
 Easy to spot errors via exceptions.
 Special audit and compliance menus.
 Generate annexture for tax audit
under SEC 44AB.
PERPETUAL LICENSE
Tally ERP 9 is a perpetual license which means
after purchase of the license, the software can
be used for an indefinite period of time.
GOLD AND SILVER VERSIONS
Both have same features.
SILVER VERSION- SINGLE USER can use it on a single
system at a time.(Rs.18000)
(Monthly rental –Rs.600)
GOLD VERSION- MULTI USER license can be used on
multiple computers by multi users.(Rs.54000)
(Monthly rental –Rs.1800)
OTHER FEATURES OF TALLY
 Simple to use.
 No complex training is required.
 Students from any background can
learn Tally easily.
This ERP software costs lower
than most of the ERPs in the
market comparatively.
 After sales service is more
important than service
provided while purchasing the
software.
 Tally solutions has Toll free
number through which it
provides free support to
customers.
Thank You

TALLY ERP9 - ACCOUNTING SOFTWARE- EVOLUTION AND FEATURES OF TALLY

  • 1.
  • 2.
    WHY DO BUSINESSNEED AN ACCOUNTING SOFTWARE ?? 49% 42% 37% 35% 32% 30% 28% 28% TOP REASONS WHY BUSINESSS BUY ACCOUNTING SOFTWARE? TO AUTOMATE THEIR BUSINESS TO COMPLY WITH TAX REGULATIONS TO PRINT BILLS ,INVOICES,QUOTES AND OTHER DOCUMENTS TO MAKE BETTER FINANCIAL DECISIONS TO MANAGE MULTIPLE BUSINESS TO MANAGE MULTIPLE BRANCHES TO MANAGE RECEIVABLES AND PAYABLES TO MANAGE INVENTORIES SOURCE: Based on a survey conducted among customers of Reach accounting software.(www.reachaccountant.com)
  • 3.
    TOP 10 ACCOUNTINGSOFTWARES FOR MSME IN INDIA 2020  10. SARAL 9.VYAPAR 8.MY BOOKS SOURCE: www.icajobguarantee.com www.softwareworld.com
  • 4.
  • 5.
    4.BUSY ACCOUNTING SOFTWARE. 3.QUICKBOOKS INDIA. 2.ZOHO BOOKS
  • 6.
  • 7.
    • 1990 • MSDOS VERSION TALLY 3 • 1994 • LEDGER CREATION,VOUCHERS,SIMPLE FINANCIAL REPORTS. TALLY4.5 • 1996 • WINDOWS OPERATING SYSTEM, DETAILED INVENTORY SYSTEM. TALLY 5 EVOLUTION
  • 8.
    • 2001 • INTERACTEDWITH OTHER SYSTEM USING OPEN DATABASE SYSTEM TALLY 6.3 • 2005 • INTEGRATED ENTERPRISE SYSTEM WITH TAX COMPLIANCES LIKE TDS,TCS,VAT,SERVICE TAX TALLY 7.2 • 2006 • MULTI LANGUAGES. SUPPORTS UPTO 10 LANGUAGES TALLY 8.1 • 2006 • 13 LANGUAGES INCLUDING FOREIGN LANGUAGES, PAYROLL TALLY 9
  • 9.
    TALLY ERP 9(2009)  Complete business management Offers different features such as  remote access  Much commanding data security.  Tally.net  And several more. TALLY PRIME (2020) Latest version which revolutionizes the look of the software. It also changes the navigation process and makes it even more simpler to use. E-INVOICING is the additional feature.
  • 10.
  • 11.
    PURCHASE AND SALESTRACKING  You can track your sales and purchase vouchers by properly numbering them.  NO NEED TO MANUALLY TRACK YOUR ORDERS.  Tally generates a consolidated report of these entries which can be viewed for any particular time period. INTEGRATE ACCOUNTS WITH INVENTORY  Tally intrgrates both accounts and inventory thus both are updated if changes are made in any one of the two.
  • 12.
    PAYROLL MANAGEMENT  Employeemanagement may be difficult without a software.  Their documents and details need to be maintained and updated fom time to time.  Tally ERP 9 makes this possible by maintaining all detains of the employees including their  attendance  Salaries  loans and other details.
  • 13.
    BANK RECONCILIATION  Bankreconciliation is a process in which the cash books and the passbook( bank statement) of the company are reconciled and if there is any mismatches, it shows.  This feature in Tally helps us to find out if there are any mismatches directly in Tally and HENCE SAVES A LOT OF TIME OF THE USER.
  • 14.
    EASY REPORT GENERATION Decision making is a CRUCIAL TASK for any business.  Tally provides consolidated report which is a summary of the whole business.  Many reports such as PROFIT & LOSS statement , BALANCESHEET, CASHFLOW / FUNDFLOW report , RATIO ANALYSIS report , etc.  All these reports are useful in decision making.
  • 15.
    E-WAY BILL GENERATION Often businesses have to transport and sell their goods to far away places.  The govt. has asked to generate an e-way bill for the transportation of goods of value more than Rs.50000 .  TALLY SUPPORTS THIS FUNCTION AND GENERATES E-WAY BILLS thus providing a one-step solution.
  • 16.
    TALLY HELPS INGST RETURN FILING.  Today every business are having Registered GSTN number irrespective of its line of business, they need to file GST Returns in a manner as suggested by the GST act.  Failing to do so will lead to a penalty which will be paid by the business.  Tally is one of the software which assists in filing returns.  It makes tally a complete accounting package.
  • 17.
    SECURE REMOTE ACCESS Tally can be assessed remotely.  An owner can check his tally from the comfort of his home by taking the remote access of his tally.  Tally provides free and secure access through its TALLY.NET SERVER  One need to get a valid Tally.net Subscription by paying the fee yearly once.
  • 18.
    DATA SYNCHRONIZATION  TALLYallows sharing of data across various locations.  Data synchronization helps the business with multiple branches and a HEAD OFFICE.  It usually has the SERVER AND CLIENT PC setup. TALLY ERP -9 AUDITOR’S EDITION  Secure remote access to client data.  At-a-glance dashboard showing voucher /ledger correctness and verification status.  Easy to spot errors via exceptions.  Special audit and compliance menus.  Generate annexture for tax audit under SEC 44AB.
  • 19.
    PERPETUAL LICENSE Tally ERP9 is a perpetual license which means after purchase of the license, the software can be used for an indefinite period of time. GOLD AND SILVER VERSIONS Both have same features. SILVER VERSION- SINGLE USER can use it on a single system at a time.(Rs.18000) (Monthly rental –Rs.600) GOLD VERSION- MULTI USER license can be used on multiple computers by multi users.(Rs.54000) (Monthly rental –Rs.1800)
  • 20.
    OTHER FEATURES OFTALLY  Simple to use.  No complex training is required.  Students from any background can learn Tally easily. This ERP software costs lower than most of the ERPs in the market comparatively.  After sales service is more important than service provided while purchasing the software.  Tally solutions has Toll free number through which it provides free support to customers.
  • 21.