Tally ERP 9 enables smooth business operations related to finance, billing, Sales, Inventory management, stock, etc. The list goes on as this tally version serves the purpose of multiple operations on a single platform. It is the single most software in the market that has an implementation in almost every part of your business.
Moreover, one of the biggest advantages of Tally ERP 9 is that it is highly customizable. Every organization can customize it according to their business needs. Apart from being highly user-friendly, you can avail 24×7 support for any queries that come your way. It is comprehensively acclaimed simple since it is easy to utilize, operates at excessive speeds, is powerful and effective, has no codes, executes in real-time and has a full on-line assist.
Ways in which Tally can help Business
1. Simple Accounting Management
One of the greatest advantages of using Tally software in a business is that it helps in managing all the accounting activities in a single platform. Tally ERP 9 is capable of providing all types of GST invoices and transactions made by a company. It has the capability to manage all the sales and purchase orders and keeps all the information up-to-date.
2. Budget and Controls
This Tally software allows businesses to set proper credit limits to keep in check of the sals and purchases made in one financial year. Along with this, organizations can make informed business decisions by keeping track of the budget that is provided to each department and act accordingly. With the proper use of Tally ERP 9, Improve business forecasting by visualizing different business scenarios and analyzing their Provisional Reports for sound financial planning.
3. Support for Banking Transactions
Large organizations have to go through constant hectic work of going to the banks every single to deposit cheques and cash. To make things easier for you to Tally ERP 9 supports banking transactions that enable generating cash and cheque deposit slips directly from the software. Moreover, you can even track all the cheques that have been deposited or signed off to clients since it supports multiple banking transactions.
4. Inventory Management
Tally ERP 9 has the feature where an organization can make unlimited groups, categories, and batches. Since your business might have tons of different products and services, you can easily sort them out or segregate them into groups on this platform very easily. Also, you can Access the Aging Analysis report, view item-wise profitability and keep a watch on stock movement across multiple godowns to manage inventory efficiently.
5. Enhanced Security
There is no doubt that Tally software has always been a secure platform that your business can rely on for all its activities. With the use of Tally Vault, you can save all the important keys and restrict data access from other employees. As per the specific roles and responsibilities of the employees, you can easily provide data access to only those in charge of the work assigned.
6. Support Multiple Languages
India is a secular and democratic country where people of multiple religions and linguals live together. Some of them may not be fluent in English and Hindi overall. To make things more versatile, Tally ERP 9 supports multiple languages so that businesses can access them as per their preferred first language.
7. Faster Access to Business Reports
Using Tally ERP 9, Businesses can get easy access to the proper balance sheets of their company and all the data segregated accordingly. Well, to make important decisions in the future, this Tally software provides a detailed analysis of the data stored in it. On the outstanding bill, many businesses claim to charge a certain interest to the parties. This process has been made easier by Tally ERP 9 that does the calculation by itself and adds up to the total.
8. Remote Access
Now, unlike any other software, Tally can be accessed remotely from any place anywhere without having to worry about data security. You can easily share ledger and other invoices directly to the parties with a single click. All your data can be synchronized easily if you have businesses in multiple locations using the special synchronization feature.
These are some of the most important features of Tally that helps a business to grow on a large scale. It is simply not easy for any business to carry out multiple operations using tons of separate software. It also involves investing a huge sum of money and does not lead to a good result.
Instead, Tally can be a huge advantage for all the organizations looking to expand and can handover all their major operations to Tally software so that they can focus on growth.