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Financial Accounting Without Codes:Tally is pioneer in introducing various concepts that are currently accepted as default standard in any top class software. Tally was first to come out with concept of accounting without codes. Ledgers, items etc. are reffered by their regular names and not codes. The operation of the software is made so simple that you need not be an "ACCOUNTS" or "COMPUTER" expert.Unlimited Accounts:Tally works with concepts of ledgers and group of ledgers. A ledger is the actual account head to which you identify a transaction. Each group can be classified in to sub-groups. Each sub-group can be placed under groups or sub-groups at any level. With unlimited levels of classification, which you can define at will, it is possible to manage the most complex ledger systems with utmost ease. Books Of Accounts:Tally provides complete range of book-keeping facilities. Display and print your cash book, bank book, sales and purchase register, credit/debit and journal registers. Final Results:Get your balance sheet, profit and loss a/c at the last voucher entered at the press of a key. Change the date, and get it for ANY prior period.Types Of Vouchers:Tally provides 16 different predifined voucher formats. These are used for recording various transactions. Eg. payment voucher for all types of payments. Tally provided facility for creating user defined vouchers, this may be a requirement of some users who wants same voucher but with different names or seperate series of numbers. Eg. all cash payment and bank payment voucher can be seperated by creating two voucher types. Flexible Voucher Numbering Systems:Tally facilitates option of numbering voucher manually or automatically. There is flexibility in starting from any number, reseting every monthly or yearly or even continue numbering to next year. Even define prefix and suffix, so the numbers look some what like abc/00025/99-2000. Post Dated Vouchers:While entering vouchers, you can post-date them, and Tally will not update the ledgers until the date in questions. For example, if you pay for something by instalments, you can set-up the payments in advance, and TAlly will only enter them in the ledgers as they fall due. Automatically Reversing Journal:Tally provides a unique facility for getting a provisional balance sheets without actually passing provisional entries. Reversing Journals are special journal that are automatically reversed after the date of the journal.
Approximate Word count = 1474
Approximate Pages = 5.9
(250 words per page double spaced)
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