TALLY FOR BUSINESS, SME AND CORPORATES
TALLY ERP 9 (6.3) is a complete accounting software for all business persons, small scale enterprises, people who works in accounts.
Anyone with or without accounting background can use tally. Tally is simple and easy to understand.
FEATURES OF TALLY
- The Tally software is codeless, no need of any codes for entering ledger accounts.
- Data entry into tally is highly secured, as it assign the users their rights and restriction.
- Main reports of the company can be viewed only by the people who have assigned to do that.
- The companies can maintain records for more than one accounting period. The accounting period is unlimited in tally.
- We can record and update all data’s for many companies simultaneously.
- Data entries can be done swiftly.
- Tally is very cheap, reliable and time saver.
ACCOUNTING ADVANTAGES OF TALLY
- Record maintenance like journal, ledger, trail balance, profit and loss account.
- Separate Account for business and personal accounts.
- Consolidated reports can be obtained.
- Easily identify bad debtors and default in payments.
- Accounts and Inventory can be maintained simultaneously.
- Import and export of data is possible from one company to another.
- Consolidated balance sheet, profit and loss account can be prepared.
- Bank Reconciliation statement.
- Calculate inventory valuation and cost of goods sold.
- Record purchase, sales, credit note, debit note.
- Can present the records for auditing at any time.
VAT COMPLIANCE IN TALLY
- Tally ERP 9 6.3 is compliant with the VAT guidelines as presented by the FTA.
- Can print tax invoice in Arabic.
- Reverse charge report can be obtained.
- Helps in vat related matters for traders, retailers, importers, exporters or wholesalers.
- Multiple tax and multiple currencies can be entered.
- VAT return file statement can be generated and upload to FTA portal.