Advantages of Tally Prime

Tally | ERP9 Silver to Tally Prime Gold

Advantages of Tally Prime

Tally Prime is an accounting software that has made calculations simple. it’s become a neighborhood and parcel of all businesses. Small scale enterprises believe that Tally software saves tons of your time , provides accuracy and carries out efficient business transactions.

Manual calculations are time consuming, which is why Tally is getting used in across all organisations.

The chances of error are reduced to an excellent extent due to Tally. The software are often learnt at designated institutes or maybe reception the corporate offers online training thus ensuring maximum reach. it’s self-explanatory and straightforward to find out . Tally has several features that are of great use to businesses. All of those features are explained intimately during the educational program . Students can explore other functionalities easily

Some of the advantages of using Tally in small businesses are as follows:

  • Data reliability and security – Data entered in Tally is reliable and secure. there’s no scope of tampering or altering data, after being entered within the software
  • Payroll management – There are several calculations that require to be made while disbursing salary to employees. Tally helps in maintaining financial record of the corporate that has net deductions, taxes, bonuses, and net payment
  • Management in banking sector – Banks use Tally to calculate interests on deposits and also manage various user accounts. Tally support ensures ease in calculation and makes banking simpler.
  • Regulation of knowledge across geographical locations – Tally software are often wont to manage data of an organisation globally. It brings together all branches and makes common calculations for the corporate at large. So regardless of which location an employee has access, it’ll be uniform throughout.
  • Ease of maintaining a budget – Small businesses work with a budget in mind. Tally helps companies to figure and manage expenses keeping in mind the entire budget being allotted. This ensures that the corporate doesn’t enjoys over-spending.
  • Simple tax returns filing – Tally GST ensures that the corporate complies with all GST norms. It takes care of TDS returns, VAT filing, service tax returns, excise and profit and loss statement for all small businesses.
  • Audit tool for compliance – Tally acts as an audit tool because it carries out regular audits of companies. It does a radical compliance check towards the start of the fiscal year and ensures all monetary transactions are smoothly being administered .
  • Remote access of data – Employees can access financial data by logging in employing a singular User ID and Password. this may be done sitting at the comforts of one’s house or office.
  • View Original Quick access to documents – Tally saves all bills, receipts, invoices, vouchers in its archive folder. It gives quick access to any of the documents previously stored. All billing related files are often retrieved immediately.

Simple to learn, easier to use

Getting started with Tally Prime is extremely simple. You can setup the application in less than a minute and get started with invoicing even faster. It just works the way you expect it to. Tally Prime comes with a diverse set of readily available business reports with powerful and actionable insights, helping you make informed decisions for your business growth. Be it business relationships, cash or inventory, these reports will help you manage all these aspects better with extremely easy discovery and navigation.  TALLY| PRIME

Your growth Partner

To grow your business, and to make the right business decisions, you need the right insights . With features like “Go To” and “customisable reports” in the new TallyPrime, you can discover and look at reports, slicing and dicing them the way you want. To help you in your growth journey, TallyPrime enables you to manage multiple companies and incrementally add features such as multiple go-downs, multi-currency, order process, cost centres etc. This helps you get rid of complexities, and in turn, focus on business growth. ERP9 Gold to Tally Prime Gold TALLY| PRIME

Better control over cash flow

Quick and hassle-free bills receivables and payable management help you to get paid faster as well as managing payment timelines. Also, Tally facilitates easy and efficient stock movement, making it possible to optimize the cash flow. Besides, the insightful reports at blink of eye help you make confident decisions and plan the growth of your business better. ERP9 Gold to Tally Prime Gold 

Enhanced Business Efficiency

With the speed that Tally brings, you can get things done quickly and save precious time, helping you do more for less. With TallyPrime, you can print or view the reports being in the middle of voucher entry, you can load another company being in a report without abandoning the activity you were on it, get to know the irregularities or odd details from every reports that you view and much more. No more remembering short cut keys, you have the intuitive and consistent workflow that helps you do work faster. ERP9 Gold to Tally Prime Gold TALLY| PRIME

Tally Prime Gold

Is TallyPrime easy to use? Can I use it?

Tally is simple and designed to be used by people from non-IT and non-accounts background as well. Ease of discovering information, consistent options, navigating without the need to remembering the paths and much more makes you start using TallyPrime right away.

Can someone guide me on using TallyPrime?

No worries!TallyPrime is so simple that you will comfortably use it. With simple and consistent navigation, by just learning once to create a ledger, voucher or navigating to a report, you will be able to use it completely by applying the same steps. TALLY| PRIME

Tally Prime Gold

What business processes can I handle with TallyPrime?

TallyPrime is an integrated business management software. You can manage Accounting, Inventory, Statutory and compliance, Banking, Payroll and various other processes. TALLY| PRIME

High Concurrency

Performing operations in a frictionless environment

Multiple users will be able to simultaneously load companies, save transactions, export reports, print reports, import data, take backup and perform other data related activities without experiencing any downtime. This will directly result in optimal utilization of man hours as the velocity at which a task gets completed will increase. Further, the users will be able to seamlessly work on the same data. Your Data will always be real-time, consistent, and accurate.

Secured by design

Providing controlled access to data files TALLY| PRIME

When data files are managed through TallyPrime Server, the location of the data on the server is not required. The name of the data server is sufficient to access and operate TallyPrime. Operations over the company data like backup and restore are controlled with server level permissions available with authorization only. This ensures better control over user’s access to data.

High Reliability

Minimizing instances of system unavailability

Continue recording transactions or viewing reports while taking backup with no compromise on speed or access or accuracy. It also limits discrepancies at the client end to the client systems and ensures that neither data on the server nor the operations of other users get impacted. Thus, improves work productivity and business performance by avoiding disruption of work and ensuring zero downtime. TALLY| PRIME

Business Process Optimization

Increased Productivity & Business Performance

A comprehensive monitoring capability allows authorized users to manage user sessions, such as who is logged in and activities in progress. Also, with the ability to track, monitor user activities /sessions and even disconnect users, if required, 

it helps to optimize processes or system usage for enhanced productivity. TALLY| PRIME
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