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Tally generates several key steps for an organization, primarily focusing on financial management and accounting. These steps include data entry for transactions, generating various financial reports (like profit and loss statements and balance sheets), managing inventory, and processing payroll. Additionally, Tally aids in compliance with tax regulations by facilitating GST calculations and returns. Overall, it streamlines financial processes and enhances decision-making through real-time data analysis.

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2mo ago

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Related Questions

What are steps to prepare quotations in tally?

lol nothink


How many types of balance sheet can be generated in tally?

Sources of Funds: comprises of Liability and EquityApplication of Funds: comprises of Current and non Current Assets


How can you solve tally 7.2 display loading company?

To resolve the "Tally 7.2 display loading" issue, first ensure that your system meets the software's requirements and that Tally is properly installed. Check for any corrupted files or missing components by reinstalling the software. Additionally, ensure that your antivirus or firewall isn’t blocking Tally's access. If the problem persists, consider seeking assistance from Tally’s support or user forums for specific troubleshooting steps.


What are the different type or graph?

the different type of graph are bar, line, tally, pictogram, pie chart


How can you change tally 7.2 gold - multi user to tally 7.2 silver - single user?

Tally Multi User and Tally single users have no difference in features. Both have same features.Tally is single user or multi user it depends on type of license which has been purchased. Tally has licensing system different for each version. One can upgrade from Tally single user to Tally Multi user but one cannot downgrade from multi user to single user.So buy accordingly keeping in mind your future plans.For more information on Tally you can visit Tally's blog at www.apnitally.com


What is different between tally 7.2 tally9?

1) Tally 7.2 is not multilingual(many languages like Hindi, Gujrati etc) but Tally 9 is . 2) Tally 7.2 has VAT,TDS and service tax but not FBT, TCS and Excise but Tally 9 has all of these 3) Tally 7.2 supports SDF when sending data from company to another and Tally 9 uses XML to import and export. 4) Tally 7.2 can be upgraded to Tally 9 but Tally 9 cannot be degraded to Tally 7.2 5) Tally 7.2 is cheaper than Tally 9 For further details contact me on pravah101shukla @ gmail.com


What software company developed tally?

Tally was developed by the indian technology company Tally solutions private limited.


How do you create a new company in tally?

alt= F3 To create a new company follow these steps. : 1. Just open tally. 2. Press Alt+F1. 3. If it show companies then press Esc. Then click Create company


Different types of charts?

stem-and-leaf plot pie chart tally chart


Is tally 4 the first version of tally?

tally first version is 3.0


Practical steps involved in forming the frequency distribution?

step 1: find the highest and lowest value given in the data. step 2: make two columns for 1 variable (x) and the other for tally bars. step3: arrange the values of variables in the ascending order in the variable column and another column for tally bars. step4:record the data in frequency tally step 5:find the frequency by counting the frequency tally


Full form of tally?

TALLY