Whare you can use of tally erp 9 and how you can download tally erp 9
In the present world, organizations have been moving toward easier and simpler ways. When Tally has been providing effective solutions for their accounting queries, organizations feel it more comfortable and efficient technique. Many inculcated reasons and uses of Tally provided path to clear up accounting and management rush ups.
Ease to accounting
It is the most popular and most used features of Tally. Organizations use the accounting feature of Tally in 6 different ways including credit, debit, contra, reverse journal, payments, receipt, sales, purchase and memos.
Ease to banking
Banking is a new feature added up in the latest Tally versions including ERP 9. With the help of banking function, the user can create deposit slips, print cheque, maintain cheque register, and get payment advice too. It also gives a solution for the user regarding the tedious job like bank reconciliation. It has been majorly used to reconcile the bank statements with the bank account books.
Ease to Ratio analysis
Ratio analysis helps in the ratio calculation that displays the ratio of different clients. It helps the user to analyze the profit of particular business and decide the further moves. Among the displayed ratios, the features like quick ratio, debt/inquiry ratio, inventory turnover and current ratio are the important ones. Using ratio analysis helps the user to take swift and accurate decisions.
Ease to Inventory
If the organization has been indulged in manufacturing, a well-maintained inventory helps in reducing the loss and wastage. Simply, the user can go one-step further in classifying the inventories with respect to groups, units, tariff, stock items and go-downs.
Ease to Taxation and billing
Tally software has not only involved in calculating the amount of taxes, but it also helps in including the taxes handling VAT, income tax, excise tax, customs and service tax.