Introduction to Accounting

Software Tally

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IndexO Computerized AccountingO Advantages of Computerized

AccountingO TallyO Different Tally VersionsO Features of TallyO Organization of Accounts

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Computerized Accounting

The computerized accounting software is the software that facilitates the company with current technology advances for business’ accounting applications that integrate all the business operations.

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Advantage of Computerized Accounting

O SpeedO Automatic document productionO AccuracyO Up-to-date informationO Availability of informationO Management of informationO LegibilityO EfficiencyO Staff motivation

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Tally

Tally is a trade name of accounting software maintaining accounts, and for performing additional accounting and other analytical operations helpful in management of an organization.

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Different Tally VersionsO Tally 4.5:DOS based ProgramO Tally 5.4: Graphic Interface VersionO Tally 6.3:Supported printing and VAT

implementedO Tally 7.2:new statutory compliant featuresO Tally 8.1:A module of POS and Payroll was

addedO Tally 9:Has advanced features like Excise,

Payroll, FBT, TDS.O Tally 9 ERP: Provides range of reports and

advanced features for Auditors.

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Features of Tally

Accounting without codes Comprehensive coverage Outstandings Interest Calculations Cost/Profit Center Number of companies Currency Budgeting Security Control Printing of various documents Import/Export data

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Organization of Account

Creation or selection of CompanyGroup of AccountsLedger AccountsVoucher EntryDisplay of Trial Balance/Profit and

Loss A/c and Balance Sheet

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Creation of Company

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Creation of Groups

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Creation of Ledgers

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Voucher Entry

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Display voucher entry

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Profit and Loss Account

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Balance Sheet

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Accounting Features

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Thank you!

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