In This Article you will get :
1. Meaning of Tally
2. Salient Features of Tally
3. Technological Features and Advantages of Tally
4. Getting Function With Tally ERP. 9
5. Quitting of Tally ERP. 9
6. Creation and Setting up New company in Tally .
7. Component of Company creation screen .
What is tally
Tally.ERP 9 is the world's fastest and most powerful concurrent Multi-lingual business Accounting and Inventory Management software.
Tally.ERP 9, designed exclusively to meet the needs of small and medium businesses, is a fully integrated, affordable and highly reliable software.
Tally.ERP 9 is easy to buy, quick to install, and easy to learn and use.
Tally.ERP 9 is designed to automate and integrate all your business operations, such as sales, finance, purchasing, inventory, and manufacturing.
Salient Features of Tally ERP 9
A leading accounting package
No accounting codes
Complete business solution
Integrated/ Non-integrated accounting and inventory
Flexible and easy to use
Speed
Power
Flexibility
Concurrent multi-lingual capability
Real time processing
Versatility
Multi-platform availability
Online Help
Tally.NET
Remote Access
Control Centre
Support Centre
Auditor's Edition
Technology Advantages /Features
Simple and rapid installation
Unlimited multi-user support
Internal backup/ restore
Data reliability
User-defined security levels
Data security
Tally audit
TallyVault
Removal of data into a separate company
Multi-directory for company management
Import/ Export of data
Tally.ERP 9 Synchronization
Graphical analysis of data
ODBC (Open Database Connectivity) compliance
Direct web browser access
Ability to preview and publish reports and documents on the Internet
E-mail Facility
Multilingual capability
Point of Sale (POS)
Getting Functional with Tally.ERP 9
Tally.ERP 9 can be started in any of the following ways
1. Click on Start > Programs > Tally.ERP 9 > Tally.ERP 9
2. Double click on the Tally.ERP 9 icon on your desktop
The welcome screen Tally.ERP 9 – Power of Simplicity appears while the software loads. You will be ready to explore Tally.ERP 9, the moment the Tally.ERP 9 start up screen appears.
Tally ERP 9 Screen
Tally.ERP 9 Screen Components
Title bar: Displays the Tally.ERP 9 version number.
Horizontal button bar: Selection of Language key, Keyboard Language and Tally.ERP 9 Help.
Close button: Performs the standard Windows Operating Systems function (Windows 95 onwards), allowing you to minimise Tally.ERP 9 and work on other applications. To restore Tally.ERP 9, click the Tally.ERP 9 icon on the taskbar.
Gateway of Tally: Displays menus, screens, reports and accepts the choices and options which you select to view data as required.
Buttons toolbar: Displays buttons which provide quick interaction with Tally.ERP 9. Only buttons relevant to the current task are visible.
Calculator Area: Used for Calculator functions.
Info Panel: Displays Version number, License details, Configuration details.
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Quitting Tally.ERP 9
You can exit the program from any Tally.ERP 9 screen, but Tally.ERP 9 requires all screens to be closed before it shuts down.
To quit working on Tally.ERP 9,
Press Esc until you see the message Quit? Yes or No ? Press Enter or Y, or click Yes to quit Tally.ERP9.
Alternatively, to exit without confirmation, press Ctrl+Q from Gateway of Tally.
You can also press Enter while the option Quit is selected from Gateway of Tally.
Creation/ Setting up of Company in Tally.ERP 9
Creation of a Company Steps
1.Open Tally Software in the computer / laptop.
2.Go to Gateway of Tally > Company Info. > Create Company
3.The Company Creation screen displays.
4.Fill the Required information .
Company Creation Screen
Component of Company creation screen
Directory
Tally.ERP 9 assumes that the company is to be created in the data path given in the Tally.INI file, which is displayed by default. This field is skipped by default. However, you can change this path, if you want to, by using the backspace key, so that Tally.ERP 9 saves the data to a different directory specified by you.
Name
This specifies the name of the company as it appears in Tally.ERP 9. If you have several companies to create with similar names, you will have to distinguish between them to provide a unique name for Tally.ERP 9.
Mailing Name
The company name given in the Name field automatically appears in this field. This can be changed according to your requirements. The correct name of the company for mailing purposes should be entered.
Address
The address of the company (The mailing name and address details are picked from here for any report such as balance sheet and statement of accounts).
Statutory Compliance for
Select India from the list of countries.
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State
Select the appropriate State from the list of States.
Pin Code
Enter the PIN code of the specified address.
Telephone No.
Enter the telephone number of the company.
E- Mail
E-mail address will be used to e-mail documents, reports and data from Tally.ERP 9.
Mobile No.
Enter the mobile number of the company.
Currency Symbol
This refers to the currency symbol Tally.ERP 9 will use for monetary values. By default, Tally.ERP 9 displays Rs.
Financial Year From
Specify the Financial Year (FY) for the company. Tally.ERP 9 considers 12 months from the date you give here as the Financial Year.
Books Beginning From
The date given for ‘Financial Year From’ is automatically displayed. However, we can specify the actual date on which the books of accounts start. In case our accounts are opened mid-way during the financial year specified, we can enter the required date and start the books of accounts accordingly.
TallyVault Password
TallyVault is an enhanced security feature utilised to protect company data in an encrypted form by means of a Password. The TallyVault password entered ensures that the data is maintained permanently in an encrypted form without retaining information of the password used. Data is not accessible without the TallyVault password. Remember to keep this password private and known only to those who need to know. If the password is lost, your data cannot be recovered.
Use Security Control
Tally.ERP 9 has a range of security controls, which can define the authority of various users to access the information and to enter/ alter/delete the vouchers.
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