Tally ERP Accounting Software       

Tally ERP 9 is preferred by millions as their business management software across the globe. It dynamically adapts to the way organizations operate their business and helps them simplify their business operations. Tally ERP 9 provides the organizations with exceptional capabilities that will simplify the way they manage all critical aspects of their business, including accounting, sales and purchase, inventory, manufacturing, taxation, payroll, MIS reporting, and much more.

Accounting in Tally ERP 9

Accounting or book keeping is an important aspect of running a business successfully. Tally ERP 9 provides simple-to-use accounting features that enable you to record business transactions easily. You can record transactions necessary for your business by creating and maintaining masters, vouchers, and generating reports. Tally ERP 9 enables you to perform and manage all of the major accounting operations in your business, such as:

• Booking-keeping of all transactions, including creating and maintaining invoices
• Maintaining bill-wise payment information
• Processing transactions for banking, including cheque management and reconciliation
• Managing cost and profit centres
• Implementing statutory and interest calculations
• Viewing Balance Sheet, and profit and loss account

Statutory and Taxation

Tally ERP 9 supports the various taxes applicable in India You can maintain accurate books of accounts and generate error-free returns by detecting the missing information in the transactions, if any, and correct them before filing returns.

To experience the features provided for statutory and taxation in Tally. ERP 9, you have to:

• Configure masters
• Record transactions
• Generate and file returns

Setting Up Banking Features

Tally. ERP 9 provides the default banking features required to record payment transactions. You can modify the default settings for banking features of your company depending on the business requirements.

Sales Management in Tally. ERP 9

Tally. ERP 9 helps you to effectively and efficiently manage your sales, perform quick and easy invoicing, manage returns and rejections, and track your sales. You may first receive goods, then your invoice, and then raise the orders; irrespective of the sales process – tracking of sales is feasible. You can support your business decisions with accurate sales information, thus increasing operational efficiency. From preparing invoices to maintaining your overall sales, you can use Tally. ERP 9 for:

• Invoicing
• Order processing
• Managing prices
• Viewing invoice-wise profitability
• Maintaining sales registers
• Managing credit notes

Purchase Management in Tally. ERP 9

With Tally. ERP 9, you can manage your purchases efficiently by creating purchase records, generating expense reports, and making updates to purchase records as and when needed. Using Tally. ERP 9, you can:

• Maintain purchase invoicing
• Process purchase orders
• Reorder stock levels
• Track item-wise and batch-wise purchase details
• Track additional cost of purchase and debit notes
• Maintain purchase registers

Payroll in Tally. ERP 9

Tally. ERP 9 offers various features that allows you to implement and process payroll. You can use the Payroll Info. menu to create different payroll masters required for computing earnings and deductions for employees. Following are the main features.

• Full integration with accounts for simplified payroll processing and accounting.
• User-defined classifications and sub-classifications for comprehensive reporting on aspects such as employees, employee groups, pay components, or departments.
• Support for user-defined Earnings and Deductions Pay Heads.
• Flexible and user-defined criteria for simple or complex calculations.
• Unlimited grouping of Payroll Masters.
• Support for user-defined production units such as attendance, production, or time-based remuneration units.
• Flexible processing period for payroll.
• Comprehensive reports for cost centre as well as employee-wise costing.
• Predefined processes for accurate and timely salary processing, employee statutory deductions & employer statutory contributions.
• Processing payments using the e-payments capability in Tally. ERP 9.
• Auto-fill facility to expedite the attendance, payroll and employer’s contribution processes.
• Accurate computation and deduction of statutory payments such as Income Tax, ESI, EPF, NPS, Professional Tax, and Gratuity.
• Generate statutory forms and challans for Income Tax, EPF & ESI, as prescribed.
• Facility to drill-down to the voucher level for any alteration.
• Compute arrears of previous period(s).
• Track loan details of employees.

Apart from above features, Tally ERP 9 can be deployed for Inventory Management, Manufacturing & Job Work, Costing and Audit/Verification.

Additional Benefits of Using Tally. ERP 9

Tally. ERP 9 facilitates basic accounting operations and also provides the flexibility of doing a host of other tasks that support your business operations. This business management software has been designed to cater to a wide range of business scenarios. Tally. ERP 9 boasts of a variety of useful features, including

• Multi-currency
• Splitting and merging of company
• Auto-voucher numbering
• Alternate and compound units of measure
• Percentage based reporting
• Flexible date-based and multi-account reporting

SAP Business One 

SAP Business One is an ERP that helps small and medium sized businesses to manage business processes. The ERP software is a series of integrated modules that function to link once-isolated departments within an organization. This software is sold on its capacity to automate back-office functions, particularly in financials and operations.

SAP Business One aims to allow professionals to access data silos that were once isolated, meaning that the business can work seamlessly without relying on competent communicative performance from employees. The ERP can integrate levels of a business vertically and horizontally.  A vertical application of the software can integrate all areas of operation, from planning, through development, to manufacturing, marketing and then sales.

The flexibility of SAP Business One and its customizability is thanks to its module structure – each module can be individually purchased and integrated into the whole. The methodology behind the software allows organizations to draw in business intelligence, CRM, and project planning to name just a few.

This is a Microsoft Windows-based ERP product that can be delivered through the cloud or installed onsite onto the client server. There is also functionality for users to work on mobile devices with the ERP. This function can be customized so that certain employees only have access to certain modules. Following are the main features of SAP Business One.

• Billing
• Business Intelligence/Analytics
• Costing
• CRM
• Customer Service
• Financials & Accounting
• Inventory Management
• Order Management
• Planning & Scheduling
• Project Management
• Purchasing
• Sales
• Shipping & Distribution
• Supply Chain Management
• Warehouse Management
• Asset Management
• Document Management

Customized Software Development

Tally ERP and SAP Business One are the Ready-made Accounting & Business Management applications which are deployed and customized by us as one of the software service providers to our customers. However, we also offer customized software development services as per the business requirements of the customers on various operating system and data base platforms.