One of the best ERP used widely in India and middle east for all small and middle enterprises is Tally ERP 9.
A note on Tally ERP 9
Tally is an influential accounting software, which is driven by a technology known as concurrent multi lingual accelerated technology engine. It’s extremely easy to use software and is designed to simplify complex day to day activities occurring in an organization. Tally offers comprehensive solution around accounting principles, inventory and data integrity. This software also has feature encompassing the business globally. Tally software comes with easy to use interface thus making it operationally simple. Stock management, inventory management, purchase order management, invoicing, stock valuation methodology, discounting, etc. are some of the activities for which Tally accounting software provides a solution for.
Tally accounting software also possesses drill down options that can track every detail of transaction. It aids in maintaining simple classification of accounts, accounts receivable and payable, bank reconciliation, etc. The data gets reliable and secure due to the technology employed by tally. Tally ERP 9 software supports all the major types of file transfer protocols, which helps in connecting files across multiple office locations. This particular software is also capable of undertaking financial analysis and financial management. It offers information around receivables turnover, cash flow statement, activity consolidation and even branch accounting. Further, this software is easy to set up and simple to use and a single connection can support multiple users. It can also be easily used in conjunction with the internet making possible to publish global financial reports. This software can seamlessly connect with various Microsoft applications.
Advantages of Tally Accounting Software
A business owner recognizes the significance of maintaining proper books of account. This practice makes sure that finance for the company is always in order and are appropriate at all given points of time. The organization always needs to be aware of its financial positions. Previously, most of the businesses were employing manual practice in maintaining books of account. However, with the beginning of modern information technology, this task can be executed by accounting software.
This software offers a solution to all the problems the organizations have to encounter. Single software takes care of all tasks needed for enterprise management. Tally solutions make simple the accounting tasks such as records keeping, payable management and accounts receivable, and bank reconciliation. Financial management is also made simpler under Tally software. This software also lets finance management across multiple locations and can handle multiple currency transactions, manage cash flow and interest payment.
This software provides
Tally support to major organizations across the globe that has helped them achieve unimaginable success across decades.