• Accounting without CODES!
The only sensible way to do accounts is to do it without
account codes, just regular names.
With unlimited levels of classification, which you may
define at will, Tally manages the most complex
ledger systems with ease.
• Unified Ledgers:
Tally pioneered the concept of Unified Ledgers where the
General, Sales and Purchase Ledgers
are integrated into a Single Ledger and organized in
Groups for easy management. This concept
gives tremendous reporting power with ease of data
entry.
• Complete Book-keeping:
The complete range of bookkeeping facilities! Recording
of all types of transactions including Receipts,
Payments, Income and Expenses, Sales and Purchases,
Debit Notes, Credit Notes, Adjustment Journals,
Memorandum Journals as well as Reversing Journals.
Transaction data entry through unique voucher
entry that is easy and flexible to configure for diverse
types of transactions.
• Comprehensive Accounting:
Instantly obtain your Balance Sheets, Profit & Loss
Statements, Cash and Funds Flows, Trial Balances,
and others.
• Multi-Currency Accounting:
With the flexibility of multiple currencies in the same
transaction, and viewing ALL reports in one or
more currency. The fundamental criteria set out for EMU
handling are met by Tally, letting you rest
assured that you are ready to meet the challenge.
• Receivables and Payables:
Dynamically allocate payments against invoices with
reference to due dates. Reports are classified,
grouped, and aged to your definitions. Customizable
reminders, for overdue, as well as 'payment
performance' - showing your good and bad paymasters!
• Ratio Analysis:
A range of key performance ratios gives you that Bird's
Eye View of your company. It is a single sheet
Performance Analysis that puts you in total control of
your business.
• Budgeting,
Auditing and Security Control: Unlimited budgets and
periods, (for example, Original and
Revised Budgets), user definable Security Levels for
access control, and powerful Audit capabilities.
The audit facility allows you to track malafide changes,
while making genuine corrections with
unparalleled ease.
• "Scenario" management -
Use Optional, Reversing journals and Memorandum vouchers
to aid in recording provisional entries
useful for interim reports. For example, use Optional
Vouchers to record provisional sales and compare
with actual. Useful feature for forecasting and
planning. Prepare reports including provisional figures
without affecting actual accounts using automatic
reversing journals.
• Unlimited Cost/Profit Centers - with power Project
Oriented reporting: Projects, Depts., Mktg. Zones
are just a handful of analysis criteria you can use with
Tally. With unlimited sub-classification,
Tally gives you multi-dimensional analysis and
comparatives.
• VAT and Sales Tax handling: Everything you need, your
accountant needs, and the Government needs!
• Integrate information across
functions, for better planning
A company making a purchase order can automatically
transmit this electronically to the
supplier, where it transforms into a Sales Order.
Similarly, when the supply is made
the corresponding Sales Invoice it transmits becomes a
purchase invoice for the buyer
A completely paperless, yet, authenticated collaborative
environment gets created
fulfilling legal and traditional requirements. This can
dramatically improve co-ordination
of operations because of the rapid integration of
information across the organization
• Managing under uncertainty
The new " Scenario" Management capability allows you to
plan, as well as analyse your
business
performance, under varying assumptions. You can get
different views of
your accounts information by selectively including
Optional Vouchers and/or Reversing
Journals and Memos.• Improved communication
You now have the capability to e-mail all reports and
documents
including Price Lists, Quotations, Delivery Notes,
Invoices, Sales/Purchase Orders
Outstanding Reminders,
Stock Positions from within Tally.
You can generate mailing labels pulling data from Tally
using the information you have
already stored of your clients and suppliers during
ledger creation.
• Extend your information across
applications
The new open architecture of Tally allows you to
use the power of ODBC (open data
base connectivity) technology to access the data from
Tally into most ODBC
compliant software like MS-Word, MS-Excel etc. to create
any report you want or for
further analysis.
• Reports that are specific to your company or type of
business
You know that Tally records all your transactions and
hence captures all the information that
you require to manage your business better. Yet there
are situations when you wish the same
information was presented in a format you wanted. Tally
allows you to get the
information you require in the format you need. For your
internal reporting.
To send to your other offices. Perhaps to your
head-office abroad, if you are an MNC.
You can also generate your export documentation by
pulling data from Tally.
• Reports for government regulations and for other
authorities
You may use information from Tally to create reports and
records that various government
regulations require, for example, reports in statutory
formats like sales tax
register or your un audited balance sheets. Bank and
financial institutions can be given the
stock reports in the format they require.
You can create a format in software like MS-Word or
MS-Excel and pull data real-time to
create your report. Even when these formats keep
changing.
• Share information with your business partners
You can improve your company's efficiency by sharing
information with your extended
enterprise: your business partners and associates.
You can cut your costs by helping your suppliers to plan
their own production better.
Just share your stock requirements by publishing it on
your web-site. And let them send
you competitive quotes and improve your profits!
• Decisions on the move
Success of any company depends on the quality of the
decision. And how quickly your company
acts compared to competition. Unlock the power of
information of your Tally.
You can now enable your CEO and other senior managers to
take decisions by using the
information available within Tally. Even if they are
traveling to the other end of the world.
And even if they do not have a copy of Tally on their
laptop computer. All you need to do is
publish the key performance metrics they require to your
company website using
either FTP, HTTP or Secure HTTP protocols, in HTML
format. And they can use their internet
browser to read the reports!