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Pushkaraj Joshi - Accounting Software 4 - Final

The document provides an overview of Tally Solutions, founded in 1986, which offers ERP software primarily for SMEs, with its flagship product TallyPrime replacing Tally.ERP 9 in 2020. It outlines the learning objectives and outcomes for using Tally software, focusing on accounting fundamentals and data maintenance. Additionally, Tally Solutions has collaborated with AWS and serves over 2 million customers with user-friendly features that automate business operations.

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19 views10 pages

Pushkaraj Joshi - Accounting Software 4 - Final

The document provides an overview of Tally Solutions, founded in 1986, which offers ERP software primarily for SMEs, with its flagship product TallyPrime replacing Tally.ERP 9 in 2020. It outlines the learning objectives and outcomes for using Tally software, focusing on accounting fundamentals and data maintenance. Additionally, Tally Solutions has collaborated with AWS and serves over 2 million customers with user-friendly features that automate business operations.

Uploaded by

Pushkaraj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Accounting Software

Presenter - Prof. Pushkaraj Vishnu Joshi


CA., CS. (India & UK), Mgt. Acct. (Australia),
PGDBA., LL.B., B.Com.
Accounting Software
UNIT 1 - Accounting in Tally
Introduction to Tally fundamentals:
• Founders History
• About TALLY
• Salient Features of TALLY
• Technology Advantages of TALLY
Accounting Software
UNIT 1 - Accounting in Tally
• Introduction to Tally fundamentals
 Maintenance of Company Data –
 Concept of Ledger –
 Configuration of chart of Accounts
 Maintaining Stock Details –
 How to make entries in Cash book – Purchase book, Sales
book, Invoice, Purchase return book, Sales return book,
Petty cash book,
 Configuration in tally,
 Trial Balance,
 GST
Accounting Software
Learning objective for "Introduction to Tally Fundamentals":
Objective: By the end of this module, learners will be able to
demonstrate a comprehensive understanding of the fundamental
concepts of Tally, including its interface, basic navigation, and key
features, enabling them to effectively utilize Tally software for basic
accounting tasks.

Learning objective for "Maintenance of Company Data":


Objective: Upon completion of this module, participants will possess
the skills required to set up and maintain company data in Tally,
including creating company profiles, configuring company settings,
managing financial year settings, and ensuring data accuracy and
security, facilitating efficient and organized accounting operations
within the software.
Introduction to Tally fundamentals
Founding - Founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka after a fire
destroyed their cotton business.
Evolution: Initially began as Peutronics Financial Accountant, later renamed Tally Solutions in 1999.
Product Development: Released various versions including Tally 8.1, Tally 9, and Tally.ERP 9, a
business management solution in 2009.
Programs and Initiatives: Launched Vriddhi certification program for business partners, and
collaborated as a GST Suvidha Provider in 2016.
Recent Developments: Released TallyPrime in 2020 and TallyPrime Edit Log in 2022.
Expansion and Hiring: Announced plans to hire 500 additional employees in 2023.
Products: Offerings include TallyPrime, TSS, Tally.Server9, Tally.Developer9, and Shoper9.
Headquarters: Based in Bangalore, Karnataka, India.
Market Presence: Provides ERP software to over 2 million customers, primarily SMEs.
Partnerships: Collaborated with Amazon Web Services (AWS) to offer TallyPrime on AWS.
Flagship Product: Tally.ERP 9 replaced by TallyPrime in 2020, known for its concurrent multi-lingual
features and inventory management.
Features: Tally.ERP 9 is user-friendly, automates business operations, and offers real-time business
information access.
Benefits: Offers enhanced MIS, multi-lingual support, data synchronization, and remote capabilities
for cost-effective business management.
Introduction to Tally fundamentals
Founder History:
• In 2020, the company released TallyPrime;
• In 2022, they introduced TallyPrime Edit Log;
• In 2023, it announced to hire additional 500 people.
• Products – TallyPrime, TSS (Tally Software Service), Tally.Server9, Tally.Developer9,
Shoper9,
• HeadQuarters – Bangalore, Karnataka
• Tally Solutions is an Indian multinational technology company that provides E
nterprise Resource Planning (ERP) software.
• The company reports that its software is used by more than 2 million customers.
• Tally Solutions sells enterprise resource software and business management
software to SMEs (small and medium-sized business enterprises).
• The company's flagship product, Tally.ERP 9, was replaced by TallyPrime in 2020.
• In 2022, they worked with more than 28,000 partners.
• Tally Solutions has collaborated with Amazon Web Services to make TallyPrime
available on the AWS.
• Products also include Shoper 9, which is a retail management software.
MCQs
1) When was Tally Solutions founded?
A) 1976
B) 1986
C) 1996
D) 2006
2) What is the flagship product of Tally Solutions?
A) Tally.Server9
B) Tally.Developer9
C) TallyPrime
D) Shoper9
3) Where is the headquarters of Tally Solutions located?
A) Mumbai, Maharashtra
B) Hyderabad, Telangana
C) Bangalore, Karnataka
D) Chennai, Tamil Nadu
Summary
• Founded in 1986 by Shyam Sunder Goenka and his son
Bharat Goenka after a fire destroyed their cotton
business.
• Flagship product is TallyPrime, replacing Tally.ERP 9 in
2020.
• Headquartered in Bangalore, Karnataka, India.
• Provides ERP software to over 2 million customers,
primarily SMEs.
• Collaborated with Amazon Web Services to offer
TallyPrime on AWS.
• Known for user-friendly features, automating business
operations, and real-time access to business information.
Learning Outcomes
Learning Outcomes for "Introduction to Tally Fundamentals":

1. Comprehensive Understanding of Tally Interface and


Navigation:
2. Mastery of Basic Tally Features and Functions:
3. Effective Utilization of Tally for Basic Accounting Tasks:

Learning Outcomes for "Maintenance of Company Data":

1. Ability to Set Up Company Profiles and Configure Settings:


2. Management of Financial Year Settings and Periods:
3. Ensuring Data Accuracy and Security:
THANK YOU FOR YOUR PATIENT HEARING

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