Scope and Benefits of Tally ERP 9

Tally is an accounting software widely used in India and worldwide (in 17 countries). Manual bookkeeping used to be the basic and traditional method of recording financial transactions, but with the growth of the economy and the world of finance, the traditional method has been eliminated. Tally provides the platform to easily record the financial transaction. Tally is designed so that anyone can understand it, no matter what field he/she is in. As the demands of this competitive world increase, Tally improvises his versions while keeping the base the same.

Today, Tally is one of the most recognized names in the world of accounting and inventory management software. It is widely recognized simply because it is easy to use, operates at high speeds, is robust and powerful, contains no codes, is extremely versatile and flexible, runs in real time and has full online help. In addition, the likelihood of tally customization makes the software suitable for specific business functions. Tally Solutions has developed an extremely powerful business management software solution that meets changing business needs from the most basic to the more complex. Tally software can handle inventory as well as financial management, billing, reporting, sales and purchase management, and MIS. The latest versions of Tally also manage taxation for companies. Tally ERP 9 is the latest and most popular tally software used by companies around the world.

Benefits of Tally

In today’s accounting and finance world, Tally ERP 9 software is holistic and relevant as it offers numerous technological advantages.

Trustworthiness of the data: The tool is so robust that even shutting down a machine or a power outage during operation will not affect the data stored in the tally database. High-quality data integrity checks on a regular basis ensure data reliability.

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Secured Data: Data integrity checks ensure that no external changes to the data can disrupt tally. The availability of the binary encoding storage format avoids the tricky grouping of information. The database is accessed using an activated ODBC layer.

Tally Audit: Administrator privileges can be granted to a specific user to verify the accuracy of entries entered by authorized users and make changes if necessary. Checked entries and changes made are displayed with the name of the user who made these changes at the time of the change.

Tally Vault: The data encryption option available in Tally is known as Tally Vault. Data Encryption Standard (DES) method prevents cracking of vault password.

There are several other advantages of tally technology including customizable security levels, quick and easy installation, unlimited multi-user support, internal backups, import or export of tally data and its graphical analysis among many others. Many companies offer tally integration as part of tally solutions, however very few are authorized tally partners. Partnering with an authorized Tally partner is critical to receiving consistent and flawless benefits for the business. Also, working with such partners who are not only efficient sales and distribution centers but are also excellent training and support targets with in-depth expertise in tally customization is crucial. The reason for this is that companies have the advantage of getting all services under one roof instead of wasting valuable time searching different providers for relevant services.