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Complete Business Solution: 'Institute of Chartered Accountants of England & Wales'

Tally is accounting software used by over 2 million users in 103 countries. It provides a complete business solution that is simple, powerful, and flexible. It can adapt to any business needs. Tally has been recognized with numerous awards for being the best financial software for small and medium businesses.

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Tania Goel
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0% found this document useful (0 votes)
183 views5 pages

Complete Business Solution: 'Institute of Chartered Accountants of England & Wales'

Tally is accounting software used by over 2 million users in 103 countries. It provides a complete business solution that is simple, powerful, and flexible. It can adapt to any business needs. Tally has been recognized with numerous awards for being the best financial software for small and medium businesses.

Uploaded by

Tania Goel
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Over 2 Used in over

Million users! 103 countries!

Complete Business Solution


Tally has been accredited by the 'Institute of Chartered
Accountants of England & Wales'. The reason: it employs
state-of-the-art technology to zero in on individual business needs.
Tally will quickly become your crucial office accessory. You decide
what works best for your company and Tally does the rest.

What makes Tally the best Tally Technology


Simplicity: Tally is not a computerized
accounting package but is Accounts on
computers
Power: The power of on-line Management  Simple and Rapid
information helps one in keeping the implementation
business under complete control Data reliability with internal
Flexibility: Tally mimics the human thought backup and restore
process, i.e. Tally can adapt to any Data Security with user
business needs rather than the user trying defined security levels
to change the way his business is run to Archiving of previous financial
adapt to the software. year data
Real Time: Tally updates all reports as and
Import/Export of data
when you enter transactions with no
back-end or day/period-end process Print Preview
(posting). Runs on Windows
Drill-Down: Tally's reports are dynamic (and 98/NT/Me/2000/Xp/2003/Vi
not just print-previews) and you can drill- sta networks
down or zoom-in to the details right up to Requires Pentium IV, 2GB with
the source documents. 50MB free hard disk space
No Codes: Tally was the first accounting
package in the world to introduce the No
Codes concepts for Accounts.

Tally for Simple Stock /


Tally for Financial Management
Inventory Management
No posting or closing. Fully  Flexible Invoicing with item-wise
integrated GL, AR and AP-no discounts
modules  Multiple levels of Stock grouping &
Print out all source documents Stock Categories
User configurable Statement of  Multiple and flexible user definable
accounts and reminder letters UOMs
Flexible voucher numbering  Multiple Valuation methods-Average
Multiple & flexible account grouping Cost, FIFO, LIFO, Standard Cost or
levels even Zero Cost!
Bank Reconciliation  Keep track of stock by batches with
Date/Period based reporting even Manufactured and Expiry dates
across different financial years.  Re-Order levels
Multiple companies, grouping of  Stock Ageing Analysis
companies to help in consolidation  Profitability by Invoices, Stock
Multiple financial years. Flexible Items, Stock Groups, Locations
accounting periods with comparative  Selling Price Lists with quantity
reports across financial years. based pricing and discounts.
Multiple Budgets and Credit limit  Simple Bill of Material for ease of
control data entry
Multiple Categories of Cost Centres to  Multiple Locations with stock
track profitability by Divisions, transfers
Projects or Branches  Purchase and Sales Order processing
Multiple Currencies and calculation of  Product/Customer/Supplier
foreign exchange gain/loss distribution Analysis
Interest Calculation on each  Track additional costs to get landed
outstanding invoice or the total cost.
amount  Multiple Price levels and discounts
Make your decisions based on at-a- based on quantity volumes
glance management reports-Cash
Flows, Debtors’ payment
performance, Ratio Analysis

Now available in Tally9


Concurrent Multi-lingual capability – allows you to expand your business beyond
geographical boundaries without worrying about language barriers. You can maintain
your accounts in one language, view reports in another language and send invoices to
your customers in yet another language, all at the press of a button
MS Excel Compatibility
You can now export any report from Tally9 directly to MS Excel (version 2000 and
above).
Tally for Malaysia
 Bahasa Malaysia interface
 Malaysian service tax reports

Tally ‘Malaysianised’ by RJ Info Matrix


 Schedule9 format with “Financed by/Represented by” presentation of Balance
sheet
 Statement of accounts with “Open Item” & “Balance B/f” formats with ageing by
days or by months.
 Bank reconciliation with cheque number field and filter by cheque number
 Invoice and official receipt formats
 Predefine Cost Centres for allocation in voucher entry
 Print vouchers by selecting range of voucher numbers
 Others
o Prints Pay To in payment vouchers
o Grand total for group outstanding report
o Print cancelled vouchers
o Address list for debtors/creditors
o Retains original name of default Tally group even if name is changed
o Explodes cost centre details in cost centre reports
o Adds totals for daybook and all voucher registers
o Final accounts printing with option for non-trade accounts (without
debtor/creditor ledgers)

Hardware Recommendations
Server: Pentium with 4 GB RAM or above, using 1GB network interface card with
Windows2000/2003 installed. Please use 1GB managed switch hub connected through
UTP cable on RJ 45 Category 5/5e connectors.
Workstation: Each workstation where you run Tally should be a Pentium IV or above
with 2 GB RAM or above with Windows98SE / Windows Xp SP2 / Windows Vista installed.

Awards and Accolades for Tally

Tally bags prestigious IT National Excellence Award 2007


Tally has won the prestigious IT National Excellence Award 2007 instituted by All India
Association of Information Technology, Indore. Tally was honoured with the “Special
Award” for its excellent performance in the IT sector and for its outstanding
contribution in the IT Training and Education.
360 Magazine's Golden Rhino Award 2004, 2005, 2006, 2007
For four consecutive years, Tally has won the Golden Rhino Award presented by 360
Magazine.
Tally wins again in the Middle-East!
Tally Solutions has won the „Choice of Channel Award‟ for the „Best Channel Program‟
voted by the Channel in the Middle-East and conferred by the prestigious VAR
Magazine for Middle East & Africa. The awards are based on, among other criteria,
reseller channels‟ vote for their favorite companies and products. VAR Choice of
Channel Awards was launched last year during GITEX 2006 (Sept.16th issue) to
announce the IT Channels‟ most liked companies and products.

Franchise Award for best in Education Coaching & Training, 2005, 2006
Tally‟s Education and Training Business division has won the prestigious Franchise
Award, for two years in a row, in the Education – Coaching and Training category.
This award, instituted by Franchise India Holding Ltd., is given in recognition of
excellence in franchising, licensing and business development.

VARIndia Star Nite Award for Best Financial Software, 2006


Joining the top performers of the IT industry, across 50 plus categories, Tally was
selected to receive the VARIndia Star Nite Award for Best Financial Accounting
Software, for the year 2005-06. VARIndia is India‟s frontline IT magazine.

Bhoomi Brand Awards 2005, 2006


The Bhoomi Brand Awards are presented annually on India‟s Independence Day, by
360 Magazine, to recognise the contribution of Indian IT manufacturers. Tally was
chosen to receive this award for two consecutive years, in 2005 and 2006.

PC Quest User’s Choice Award 1994 - 2005


12 times in a row, our customers have voted Tally as their preferred business
accounting software, making Tally the PC Quest User‟s Choice, time and again. In
2004, Tally‟s User Preference Index (UPI), was 100, as compared to the UPI of just 4,
for the second choice.

Tally wins the PC World Techies Awards in 1997, 1998 and 1999, and have
received CHIP's Best Performance and Best Value awards.

Best Accounting and Inventory Management Software for the SMB Sector -
Window’s Magazine
In 2005, Tally Solutions was selected as the “Editors Choice” for Best Accounting and
Inventory Management Software for the SMB Sector, in the Middle East.

CRN's Most Admired Company perception audit


Tally won the Gold Award (for Financial & Accounting Software) in CRN's „Most
Admired Company‟ perception audit. This audit was the result of 4420 independent
responses from members of the Indian IT channel, across 49 cities.
New features in Tally 9 international upgrade
Speed and performance
Tally9 has improved the speed of loading the company data as well as reports
considerably on networks.

Concurrent Multi-lingual capability


You can use Tally in English or Bahasa Malaysia interface, view reports and send
invoices to your customers in either language, all at the press of a button

Malaysian Service tax and GST ready


Tally9 has built in Malaysian service tax register and return forms. Tally9 is VAT and
GST compliant for UK, India and Singapore. When Malaysia introduces GST you will
already be GST ready and you need to pay only for the required statutory report
formats when they are ready.

MS Excel Compatibility
You can now export any report from Tally9 directly to MS Excel (version 2000 and
above).

Soft Lock
 Tally9 no longer supports the hardware lock and uses a soft lock with the
following benefits,
 Higher level of security and avoid the possibility of theft and damage
 Frees up the parallel port, which you can use for printers or other devices.
 You can always “Surrender” the soft lock license and “Activate” it again to use
Tally on a different computer.

Synchronisation
Synchronise the data across your various branches to the main office using TallyServer
and TallyClient feature so that you have up-to-date information from all locations at
your fingertips.

Budgets
 Multiple Budgets setup: Create multiple budgets for both the Groups, Ledgers and
Cost Centres
 Compare any budget to actual amounts

Order Processing
 Sales and Purchase Order entries: Enter and print Sales and Purchase Orders and
enter Delivery Order (or Sales Invoice) and Goods Receipt Note (or Purchase
Invoice) against them.
 Pending Sales and Purchase orders reports: Generate pending Sales and Purchase
order reports summary by Stock Groups/Categories/Items or details by Stock
Item, by Customer/Supplier.

Voucher Classes
 Enter vouchers in „single entry‟ mode rather than in Tally‟s traditional „double
entry‟ mode.
 Exclude/Include Ledgers under particular Groups in voucher entry ledger lists.
 "Forex" class which simplifies the Foreign Exchange Gain/loss entry.

Single entry voucher entry


Enter Payment and Receipt vouchers in single entry mode enabling faster data entry.

Splitting of financial years


Tally‟s flexible period-less accounting permits entry of data for any number of years.
However, presence of old data in cases where they are voluminous causes greater
overhead on the system. Splitting financial years enables you to retain most benefits
like yearly comparisons while overcoming this overhead.

Invoice Entry Mode for Purchases, Credit Notes and Debit Notes
Enter Purchases, Credit Notes and Debit Notes in invoice format that makes data entry
easier and faster.

Group vouchers
Display and print list of all vouchers for a selected group

Credit Limits
Fix Credit Limits to Customers and let Tally check customer‟s available credit during
entry of Sales Orders, Delivery Orders and Invoices.

Profitability by Products and invoices


 Stock reports showing Gross Profit on each Stock Item
 Invoice registers showing Gross Profit on each invoice

Stock Ageing
Age stock items by date of purchase using user-defined ageing periods

Price Lists
 Create multiple Price Lists and assign Selling Prices and Discounts for each item,
based on Quantities sold.
 Security Level control to prevent changes to the prices used during invoicing.

Context sensitive help


Click help to get descriptive help based on the menu or report you are in.

RJ Info Matrix ‘Malaysianisation’ of Tally


 Integrated, user-definable Statement of accounts with options for Balance
brought forward / open-item methods and day/month ageing
 Do Bank reconciliation by filtering on cheque numbers.
 Address lists for customers and suppliers
 Option to select "Start ledger" and "End ledger" while printing ledger reports
 Final general ledger printing with option to print without customer and supplier
ledgers.
 All detailed voucher reports have the option of "Pay to:" and "Chq/Slip No:"
 Print vouchers by selecting a range of voucher numbers

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