Tally solutions preferred by most Indian SMEs

With a history of more than 2 decades, Tally Solutions is a multi-product company that delivers flexible business solutions for diverse and complex business needs. The Company is mainly organized into three business lines namely: Software & Solutions Group, Education Services Group and Enterprise Management Solutions Group. Tally has also made large investments to attract new businesses and new products. The company’s education arm provides accounting relevant and correlated professional training to several students and job seekers in India.

Preferred tally solutions among entrepreneurs

Tally solutions is highly proficient at building the simplest yet most compelling business management software solutions. The main goal behind the development of these solutions is the management of the extended enterprise along with essential functions such as inventory management, financial management, sales and purchasing management, billing, reporting and management information systems. Tally has long dealt with almost all accounting related needs of small businesses and their requirement to comply with a range of constitutional requirements such as Service Tax, VAT, FBT, Excise, etc.

This business accounting software package provides a business with a system to review information quickly and easily, which helps in making a quick decision. It also helps to get to know the business better and ensures full compliance with legal requirements. In addition, the use of this software saves a lot of time, which is usually spent on collecting and evaluating data.

Tally’s multilingual product

Tally’s accounting and inventory management software has massive multilingual capacity with instant multilingual transcription, giving users incredible freedom of communication. With its help, you can manage your business accounts in one language, display them in another and print them out in another language at the same time. With its multilingual product, the user can interact with the software using the menu options already translated into regional languages. Phonetic keywords can also be used by the user to enter data, and typically the way to use these phonetic keywords is to spell the term in English, with the software displaying it in the selected language after transliteration.

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Are Tally products VAT compliant?

The international products of the software were already VAT compliant at the end of the 1990s. Regarding India, the company has been working with all governing bodies to spread the knowledge about VAT. By the way, this particular software is one of the software that was available in the market much earlier and enabled VAT support for all states that implemented VAT. In India, many states have implemented as of April 1, 2005 and again, Tally Solutions has been at the forefront in providing VAT refund opportunities for these specific states.

Nowadays, many small and medium businesses in India prefer Tally ERP 9 as a business account product for their functioning. According to a study, the company has a larger market share compared to all other accounting software companies in the country. Today millions of users use this powerful accounting software while the company is expanding worldwide with offices in all major cities of the world.