With a history of more than 2 decades, Tally Solutions is a multi-product organization offering flexible business solutions for diverse and complex business requirements. The company is mainly divided into 3 business lines, namely: Software and Solutions Group, Educational Services Group and Business Management Solutions Group. Tally has also invested heavily in getting startups and new products. The company’s education business wing offers vocational training related and relevant to the accounting business to various students and job seekers in India.
Counting solutions preferred among entrepreneurs
Tally solutions is quite proficient in developing the simplest and most dominant business management software solutions. The main objective behind the design of these solutions is to manage the enlarged company along with essential functions such as inventory management, financial management, sales and purchasing management, billing, reporting and management information systems. Over a long period of time, Tally has addressed almost every small business accounting-related needs and their requirements to address the range of constitutional requirements such as service taxes, VAT, FBT, excise, etc.
This business accounting software package provides the business with a system that enables quick and easy scrutiny of information, helping to make a quick decision. In addition, it helps to better understand the business and guarantees full acceptance of legislative requirements. In addition, using this software saves a lot of time that is usually spent on data collection and evaluation.
Tally’s multilingual product
Tally’s accounting and inventory management software has enormous multilingual capabilities with fast multilingual transcription that gives its users incredible freedom of communication. With the help of this, you can keep your business accounts in one language, view it in another, and print it in another language, simultaneously. With its multilingual product, the user can interact with the software with the help of menu options that have already been translated into regional languages. The user can also use phonetic keywords to enter data and usually the way to use these phonetic keywords would be to spell the term in English with the software displaying it, after transliteration, in the selected language.
Are Tally products VAT compliant?
Even in the late 1990s, international software products were already VAT compliant. As far as India is concerned, the company has worked with all governing bodies to spread awareness of VAT. This specific software, by the way, is one of the software available on the market long before that allowed VAT support for all states that had implemented VAT. In India, many states have implemented since April 1, 2005 and again Tally Solutions has been a leader in offering VAT refund capability for these specific states as well.
Today, in India, many small and medium-sized companies in India prefer Tally ERP 9 as a trading account product for its operation. According to a study, the company has a larger market share compared to all other accounting software companies combined in the country. Today, this powerful accounting software is used by millions of users as the company continues to expand globally with offices in major cities around the world.