Tally is accounting software that is extremely helpful for small and mid-level businesses. It usually stands for Transactions Allowed Per Linear Yard. With this software, you can perform all your banking, auditing, and accounting tasks. Tally’s accounting features permit you to record business transactions instantly and easily. Keep track of your business transactions by creating and maintaining vouchers, masters, and reports. It helps you manage all the major accounting operations in your business.

Core Features of Tally Course Syllabus

Accounting – It is the most significant feature of Tally ERP. The very first thing that comes to anyone’s mind after listening to Tally is accounting.

Billing – Billing is a significant part of any business. As soon as you pass an accounting entry synchronously a bill is generated which you can use for raising or sending an invoice. It is commonly believed that billing is part of accounting, but this is not the case when it comes to business. With Tally’s Billing Option, you don’t have to enter separate accounting data.

Payroll – This feature can be used when you have a large number of employees. It is possible to maintain payroll in Tally by using functions such as employee groups, employee categories, pay heads, attendance, and course employees.

Banking – In this era of digitalization, no business can survive without banking. Direct and indirect taxes can be calculated automatically with the help of Tally ERP, and their returns can be filed online as well.

Taxation – For any business to survive it shouldn’t operate in isolation. Businesses should cooperate with state and central governments by paying appropriate taxes. Taxes are calculated based on income, sales, and dispatch. It is easy to prepare any bill or invoice as Tally can calculate VAT, Income Tax, Excise, Customs, and Service Tax.