What are the features of Tally?
Tally.ERP 9, developed by Tally Solutions, is a popular accounting and business management software widely used by businesses globally. Here are some key features of Tally:
Tally is primarily known for its robust accounting features. It supports various types of accounts, including general, receivables, payables, and more.
Users can maintain multiple companies and ledgers within a single installation.
Tally enables comprehensive financial management, including the creation of balance sheets, profit and loss statements, and cash flow statements.
It supports multiple currencies and provides tools for managing forex transactions.
Tally allows businesses to manage their inventory efficiently. Users can track stock levels, set reorder levels, and manage stock categories.
Features include batch-wise and expiry date tracking, multi-location stock tracking, and handling manufacturing processes.
Tally is equipped to handle Goods and Services Tax (GST) compliance requirements. It supports GST invoicing, filing of GST returns, and reconciliation of GST data.
Tally facilitates compliance with various statutory requirements. This includes tax calculations, deductions, and generating reports required by tax authorities.
Tally offers payroll management features to handle salary calculations, deductions, and compliance with labor laws.
Users can generate payslips, manage employee information, and handle other payroll-related tasks.
Tally provides user-level security with the option to define roles and access permissions. This ensures that sensitive financial data is accessed only by authorized personnel.
Tally supports bank reconciliation, allowing users to match their accounting records with bank statements.
Users can manage multiple bank accounts, track transactions, and handle fund transfers.
Data Import and Export
Tally allows for the easy import and export of data in various formats, facilitating integration with other software and systems.
Audit and Compliance Reports
Tally provides audit tools and compliance reports that help businesses ensure accuracy in their financial records.
Users can generate various reports to facilitate internal and external audits.
Tally can be accessed from multiple platforms, including Windows, Mac, and Linux. Users can also access Tally remotely through the Tally.NET service.
Business Intelligence and Analytics
Tally provides business intelligence tools and analytics to help users gain insights into their financial data.
Users can generate reports, charts, and graphs to analyze trends and make informed business decisions.
Tally supports remote access through Tally.NET, allowing users to access their data from anywhere with an internet connection.
TallyPrime (Tally.ERP 9’s Successor)
TallyPrime is an upgraded version of Tally.ERP 9, featuring a more modern and intuitive user interface.
It retains all the core functionalities of Tally.ERP 9 while offering an enhanced user experience.
These features make Tally course in Chandigarh It is a comprehensive and versatile accounting software solution for businesses of varying sizes and industries. Keep in mind that features and capabilities may evolve with newer versions of the software, so it’s advisable to check the official Tally website for the latest information.
What is TSS features in Tally?
TSS, or Tally Software Services, is a subscription-based service provided by Tally Solutions for users of TallyPrime (formerly Tally.ERP 9). TSS offers various features and benefits that enhance the functionality, security, and convenience of using TallyPrime. Here are some key features of TSS in TallyPrime:
TSS ensures that users receive regular updates and upgrades for TallyPrime. This includes updates to incorporate new features, improvements, and compliance-related changes.
TSS enables data synchronization across multiple locations or devices. Users can synchronize their Tally data to ensure consistency and accuracy across the network.
TSS facilitates remote access to TallyPrime data. Users can securely access their Tally data from anywhere with an internet connection, providing flexibility in business operations.
TSS includes security features to protect TallyPrime data. This may involve data encryption, secure login procedures, and other measures to safeguard sensitive financial information.
TSS provides updated banking features to ensure compatibility with changes in banking processes and technologies. This includes support for electronic fund transfer and other banking-related features.
Support and Assistance
TSS subscribers receive priority support and assistance from Tally Solutions. This can include access to a dedicated support center, assistance with technical issues, and guidance on using TallyPrime effectively.
Remote User Collaboration
TSS enables collaborative working by allowing multiple users to work on the same TallyPrime data concurrently. This is particularly useful for businesses with distributed teams.
Access to New Features
TSS subscribers get access to new features and functionalities introduced in TallyPrime updates. This ensures that users can take advantage of the latest tools and capabilities available in the software.
Tally.NET is a service that facilitates secure communication between TallyPrime installations. It is a part of TSS and enables features like remote access, data synchronization, and more.
TSS ensures that TallyPrime remains compliant with the latest regulatory changes. This is crucial for businesses to meet statutory requirements and adhere to tax regulations.
Access to TallyPrime Mobile App
TSS subscribers may have access to the TallyPrime mobile app, allowing them to perform certain functions and view reports from their mobile devices.
Remote Edit and Visibility
Users can remotely edit and view reports from their TallyPrime data using the Tally.NET services, providing real-time visibility into business operations.
TSS is typically offered on an annual subscription basis, and users need an active TSS subscription to avail themselves of the benefits mentioned above. The service ensures that TallyPrime users stay up-to-date with the latest features, compliance requirements, and security measures, contributing to a more efficient and streamlined business management experience and Tally course in Chandigarh sector 34.
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