TALLY

Intro to Tally. Tally is a complete system for business accounting and inventory management. It provides various facilities like Govt. supported formats, multilingual operations, online functions and processing for small, medium and big businesses.

 

 

Basics of Tally: Definition of Tally, features and Usage- This Accounting software is India’s most popular accounting software. It is a useful and complete package software for small and medium enterprises. This article has thoroughly discussed Tally software, its features, and its usage for business purposes.

Versions of Tally

  1. The first version of Tally was Tally 4.5 and it was released in 1990’s. It is a MS-Dos based software.

  2. The second version of Tally was Tally 5.4 and it was released in 1996. It was a graphic interface version.

  3. The next version of Tally was Tally 6.3 and this Tally version was released in 2001. It is a window based version and supports in printing and implemented with VAT (Value Added Tax).

  4. The next version of Tally was Tally 7.2 and it was released in 2005. This version was added with a new features of Statutory complimentary version and VAT rules as per state wise.

  5. The next version of Tally was Tally 8.1 and it was developed with a new data structure. This version was added with new features of POS (Point Of Sale) and Payroll.

  6. Due to bugs and errors, a new version of Tally 9 was released in 2006. It has maximum features like Payroll, TDS, FBT, E-TDS filling, etc.

  7. Tally.ERP 9 is the latest version of Tally and released in 2009. This latest Tally ERP 9 package offering maximum features for small business industries to large business industries. It also updated with new features of GST (Goods & Services Tax).                                       AVERAGE TALLY ACOUNTANT INCOM

  8. The salary for a Tally Accountant in India ranges from 0.1 lakh to 4.0 lakh per year, with an average annual salary of 1.6 lakh.

 The average salary at Tally Solutions for freshers varies from ₹2.4 Lakhs per year for Tally Accountant to ₹12.7 Lakhs per year for Product Manager.