Tally 9 - Performance and Implementation Features
Performance and Implementation Features
- Rapid Implementation: This means low start-up costs, with the lowest training requirements of any accounting system in the world! A consistent data entry interface has your accounting up and running in minutes
- Real Time Processing: Tally updates all your books, ledgers and reports as soon as a transaction is accepted. There is no need to specifically ask for an update. Your statements are always ready with the last saved transaction
- Speed: The only reason you should automate your accounts is to get information FAST. Tally outdistances all systems with its ‘faster-than-thought’ performance
- Unlimited Companies and Periods of Accounting: Handle the accounts of more than one company (simultaneously, if desired). Compare data across companies and financial periods. View information for any period (for example, 19 months). Consolidate companies with a single keystroke!
- Unbelievable Period End Handling: The unique date-driven approach of Tally, with dynamic and automatic periods, makes the financial year end simple and hassle free
- Dynamic Interactive Reports and Unique Drill-Down Facility: All reports are dynamic and allow further interrogation from summary to the actual transaction voucher
- Comprehensive Print Capabilities: Print quotations, orders, invoices, vouchers and cheques through Tally. Choose from several default formats, use ODBC compliant systems to print other special formats, or contact us to meet your requirements
- Print Preview: View reports and their layouts, prior to actual printing
Tally 9 - Accounting and Inventory Control Features
Accounting and Inventory Control Features
Tally provides a total solution for managing your accounts and stocks. Its vast array of management reports put you on top of your operations, be it a small business, a large one or even a non-profit organisation.
Accounting Features
- Accounting without CODES! The only sensible way to keep your records is to use regular names for your accounts. With unlimited levels of classification available in Tally, you can manage 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 organised under groups for easy management. This concept combines the power of reporting along with ease of data entry
- Complete Book-Keeping: Record transactions using a unique voucher entry system that is easy and flexible to configure for diverse transactions
- Comprehensive Accounting: Instantly obtain your Balance Sheets, Profit & Loss Statements, Cash and Funds Flows, Trial Balances and so on
- Multi-Currency Accounting: Tally handles unlimited currencies and manages the complexities of Forex Gain/Loss intelligently. A single transaction may contain more than two currencies
- Bill-wise Tracking of Trading and Non-Trading Accounts: Tally tracks Party accounts or Loan Accounts on a Bill-by-Bill basis (for example, new bills raised, payments, receipts, adjustments against bills)
- Interest Calculation: Tally has completely definable Interest Calculation methods. You can tackle problems with methods definable for each transaction
- Receivables and Payables: Dynamically allocate payments against invoices with reference to due dates. Reports are classified, grouped and aged to your definitions. You can have customisable reminders for overdue, as well as measure payment performance, segragating your good and bad customers!
- Ratio Analysis: A range of key performance ratios, on a single sheet, puts you in total control of your business
- Budgeting, Auditing and Security Control: Use Original and Revised Budgets over varying periods. Define security levels to control access and use the powerful Audit capabilities to track malafide changes, while making genuine corrections with unparalleled ease
- Scenario Management: Use Optional, Reversing journals and Memorandum vouchers to record provisional entries. For example, use Optional Vouchers to record provisional sales and compare with actuals. Prepare reports, including provisional figures, without affecting actual accounts, using automatic reversing journals
- Unlimited Cost/Profit Centres: With Power Project Oriented Reporting: Projects, Departments, Marketing 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.
Inventory Features
- Multi-location Stock Control: Use Tally to keep track of your stock at single or multiple locations. Create unlimited classification systems for your Items and your own Units of Measure
- Comprehensive Recording of Stock Movement: Record inventory transactions easily and comprehensively using Goods Receipt Notes, Delivery Notes, Stock Transfer Journals, Manufacturing Journals as well as Physical Stock Journals. All stock movements are fully recorded and maintained in Stock Registers
- Management Reports: Movement Analysis gives party-wise details of goods bought and sold and helps to identify good and bad business partners. Stock Query is a unique single sheet report that gives information on stocks at different locations as well as total stock-in-hand
- Aged stocks Analysis: Identifies old stocks to aid in decisions relating to their quick disposal
- Batch-wise or lot-wise Inventory with Expiry: Use the concept of Batches or Lots to track stock at the batch level
- Re-Order Levels and minimum order quantities: Know your stock order position with the comprehensive Order Status reports in Tally. Specify re-order levels in absolute quantities, or based on previous consumption
Tally 9 - Sales & Purchase Order Processing and Invoicing
Sales & Purchase Order Processing
- Sales and Purchase Orders: A comprehensive facility to record orders with a complete cycle of recording and allocating them through inventory deliveries, invoicing and accounting. Single sheet reports give current stocks, orders due for delivery, orders due for receipt, shortfalls (if any). Get party-wise or item-wise details of outstanding and/or fulfilled orders
Invoicing
- Sales invoices are produced directly from Tally. Print, Export, E-mail or publish them. Tally has a very comprehensive invoicing system that allows flexible handling of charges and taxes. The invoice format is available in different formats and you could adopt them as your own or have a completely different layout designed!
