Introduction Tally

Tally Solutions has released a new version of its Tally 9 software. It is most popular software for accounts and inventory management.

It offers different feature for maintaining accounts. Tally 9 is integrated with a lot of advanced feature like better data migrating, fast data speed, payroll management, TDS, TCS, job costing and point- of sale invoicing etc. Tally 9, a synchronized multilingual integrated business accounting software, enables to maintain accounts in any Indian language, view it in other and print it in yet other language of their choice.

Targeted at SMBs, Tally 9 offers greater reliability, scalability, accuracy and speed. It supports Unicode data which helps companies maintain data in any of the Unicode supported languages. Tally 9 program also has features including tax compliance features for value added tax (VAT), service tax and excise for traders.

FEATURES IN TALLY 9

1. Easy calculation of TDS (Tax Deducted at Source)

Using Tally 9 you can calculate TDS appropriately.

2. Negative Stock Warning in Journal Voucher

Create a stock item with an opening balance of considerable units and pass a delivery note against it. using a Journal Voucher to record a sales transaction tracking the delivery note would display a warning message of negative stock even through a considerable amount of stock was left over. The same has been addressed appropriately in Journal voucher.

3. Performance in Networking Environment

Tally 9 can work efficiently in a networking environment, if the Server has Windows XP and Clients have Windows 98 as the operating system, Tally performs efficiently with improved data stability.

4. Interest calculation in Forex

A Sales transaction created using Forex currency and Interest calculation, calculates the Outstanding Forex Interest accurately.

5. Ledger Account

Tally now prints the address of the Sundry Debtor/ Creditor ledgers, while printing a ledger account.

6. Ratio Analysis

If the Net Profit is lesser than the Return on Investment% or Return on Working Capital, Tally displays the values with a negative sign.

7. Maintain balances

bill by bill Altering a ledger created under Sundry Debtors or Sundry Creditors, by setting Maintain balances bill to Yes affects only the selected ledger and not the Group.

8. Migration Tool

Users may now migrate data to Tally 9, using the Tally Data Migration Tool on Tablet PCs and Desktop computers of higher processor speed.

9. Stock Journal

The value in the rate field of a Stock Journal (Transfer of Materials) appears appropriately.

10. Purchase/Sales Order

The list of Party or Customer ledgers is displayed appropriately, while creating a Purchase/ Sales order respectively.

11. Inventory Report

The Godown – wise Inventory reports mow displays accurate balance values whereas multiple Godowns are maintained.

12. VAT (Value Added Tax) You can calculate value added tax in tally 9.

13. FIFO Perpetual

Tally introduces a new method of inventory valuation FIFO Perpetual, which is similar to LIGO Perpetual. The Normal FIFO treats the opening balance of the financial year as the terminating rate to apply for residual stock. FIFO Perpetual takes all existing past data. Both LIFO and FIFO Perpetual are capable of changing the valuation when the company is split unlike their ‘Annual’ versions, which are consistent.

14. Payroll

It has been integrated with accounts, in order to simplify Payroll processing. Payroll can be configured to suit the requirements of various types of organization. You can now configure, align and automate simple to complex payroll processes. You can print pay slips, maintain salary/ wages and attendance/leave/overtime registers, and generate Gratuity and Expat reports. You can also configure Payroll Data with cost centre reports for business analysis.

15. POS Invoicing

POS Invoicing in Tally is equipped with ease of use and advanced capability to simplify your retail operations. It efficiently automates the ‘check – out’ process, and allows you to create invoices and collect payments from customers, in a matter of moments.

16. Multilingual Support

Tally comes with the World’s First Concurrent Multilingual Business Accounting & Inventory Management Software for small and medium businesses. The user interface for the software is available in Hindi, Marathi, Gujarati, Bengali, Kannada, Tamil, Telugu, Malayalam, Hinglish (colloquial English) and Punjabi, and in Bahasa Melayu and Bahasa Indonesia allowing you to interact with Tally, in a language of your choice.

Introduction Tally