what is tally ? 

Tally is an program which is used

1. By business people
2. People in management sector

It is used to

1. Calculate amount
2. keep tracks of records
3. See previous transactions
4. To calculate income,loss and gain
5. To manipulate product sales

Tally has different versions and people in commerce field use this for business purpose.It is simple and effective to use.

Answered by sidddd at 1:13 PM on December 30, 2007

Dear tally is a accounting software which is veru popular in india for every acount realated information like vat Tax and Sale purchase you can store it

Answered by simran at 4:55 PM on December 26, 2007

A device for recording information. It showed only quantity without identifying what was being measured. cf Token. A device for recording information, which showed the measure plus what was being measured

Answered by pooja at 3:43 PM on December 23, 2007

Tally is the most popular Business Accounting software in India, Tally incorporates Excise for Traders, TDS, Service Tax, & VAT with multiple language support in 10 Indian Languages.

Answered by @ at 1:24 AM on December 23, 2007

Tally Solutions Ltd is a Bangalore-based financial accounting software company that currently sells into 88 countries beyond its native India, including the United Kingdom, and the Middle East.

Tally is mainly used for vouchers, financial statements, taxation.

Tally’s software business was set up in 1986 by Late Shri S S Goenka, who was the founder of the company Peutronics Pvt. Ltd. He mentored his son Bharat in creating software that would handle the financial accounts for his business. Determined to discover a way to simplify business accounting software, Bharat spent months, researching and developing path-breaking technologies, to achieve his goal. His success led to the development of the commercial product and Peutronics Pvt. Ltd., was changed to Tally Solutions – a company that would go on to set new standards of excellence in business accounting, as India’s number 1 accounting software developer.

Answered by Adi at 1:15 AM on December 23, 2007

tally is one type of a/c. s/w.

Answered by king99h at 8:32 PM on December 22, 2007

Tally is basically an accounts software.With Tally you can prepare a balance sheet of a firm.

Answered by bobby at 8:16 PM on December 22, 2007

Tally is an accounts and inventory management software which is having many other features too. With the latest version of this software Tally9 you can
1. do all basic accounting functions,
2. Manage your store and items,
3. do the job costing,
4. manage payroll,
5. get many mis reports which are useful for day today functions,
6. file your tax returns like prepare balance sheet, profit and loss statement, VAT forms, TDS, returns, Service tax returns, e-TDS filing, Excise forms, FBT reports and forms,
7. maintain budgets, scenarios,
8. calculate interest on pending amount
9. manage data over different locations and synchronize it and many more other features.

In fact in todays environment you just need a computer and Tally to manage your business and you to run it

Answered by Sunny Rockz! at 8:04 PM on December 22, 2007

Tally 7.2 - an Intigrated Enterprise Solution with Complete Accounting, Inventory and Reporting capabilities.
Tally 7.2 provides a total solution that helps you to manage your accounts and inventory. Its vast array of management reports puts you on top of your operations be it a small business or a large one or even a non-profit organisation.

Accounting Features ::
1)Accounting without CODES
2)Unified Ledgers
3)Complete Book-keeping
4)Comprehensive Accounting
5)Multi-Currency Accounting
6)Receivables and Payables
7)Ratio Analysis
8)Budgeting, Auditing and Security Control
9)"Scenario" management
10)Unlimited Cost/Profit Centres
11)VAT and Sales Tax handling

Inventory Features ::
1)Multi-location Stock Control
2)Comprehensive recording of stock movement
3)Variety of management reports
4)Aged stocks Analysis
5)Batch- related stock reports
6)Re-order levels

Sales and Purchase Order Processing Features::
1)Sales & Purchase Orders

Invoicing ::
Sales invoices are produced directly from Tally. Print, Export, Email or publish them. It is a very comprehensive invoicing system that allows flexible handling of charges and taxes. The invoice format is available in different formats and you could adopt them as your own or have a completely different layout designed.

Answered by shepherd at 6:46 PM on December 22, 2007

Tally is complete accounting software which is developed by Tally Solution .The latest release of Tally-7.2 is an Intigrated Enterprise Solution with Complete Accounting, Inventory and Reporting capabilities.
Tally consists Accounting ,Inventory, ans sales features like as :

* Accounting Features ::

1)Accounting without CODES
2)Unified Ledgers
3)Complete Book-keeping
4)Comprehensive Accounting
5)Multi-Currency Accounting
6)Receivables and Payables
7)Ratio Analysis
8)Budgeting, Auditing and Security Control
9)"Scenario" management
10)Unlimited Cost/Profit Centres
11)VAT and Sales Tax handling

* Inventory Features ::

1)Multi-location Stock Control
2)Comprehensive recording of stock movement
3)Variety of management reports
4)Aged stocks Analysis
5)Batch- related stock reports
6)Re-order levels

* Sales and Purchase Order Processing Features::

1)Sales & Purchase Orders

Answered by Ashish at 6:46 PM on December 22, 2007