Tally is an all in one business management software. It supports different departments of a business like the accounting department, operations department, and Human Resource department. A one-stop software if your business is looking for one software that does it all.
Tally has been a market leader since its invention in India way back in the 1980s. Many businesses also use Tally in Tanzania, Kenya, Ghana, and throughout Africa. While Tally has a strong customer base of 2 Million, many African businesses also use it mainly because of the software's flexibility to adjust to any business.
Some important of the hundreds of features of Tally are -
Tally.ERP 9 or Tally Prime allows you to keep an account of all the transactions of your business. It keeps account of the cash outflow and cash inflow and keeps accounts of the stock, stock spent and stock remaining.
All employee data can be saved in Tally along with payroll management. Multiple employees' multiple salary structures can be maintained in Tally. Loan and other information about every employee are saved in the software.
Tally supports statutory functions like VAT.
Maintain budgets for different purposes in Tally and implement control to ensure expenditure is in line with the decided budget.
There are many other Tally features, like banking, bank reconciliation, cost centres, inventory management, etc.