Thursday, February 16, 2023

Tally Rise to Success Name & Fame

 Tally Prime Ascent to Stardom

Necessity is the mother of invention. This adage is ideally suited to Tally Solutions in India a company producing enterprise management and accounting software. The first product that came into the picture was Shyam Sunder Goenka's industrial supply business was facing accounting as he found manual accounting bothersome.

The company was founded in  1991 as Peutronics Financial Accountant between father and son. The company was renamed Tally Solutions in 1999. The first product was MS-Dos Version a simple accounting software.

·         In 2006, Tally launched Tally 8.1

·         In 2006  Tally 9 was launched.

·         In 2009 Tally.ERP 9 was launched with features relating to business management.

·         In 2015, the company launched a program called Vriddhi to certify and classify its business partners.[

·         In 2015, Tally Solutions launched Tally.ERP 9 with taxation compliance features.

As of 2016, the company had 1 million customers.

In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide an interface between the GST server and taxpayers.

In 2017, updated GST compliance software was introduced.

TallyPrime was released in 2020

In 2020, TallyPrime was updated to offer e-invoicing solutions to generate e-invoices.

In 2022, they introduced TallyPrime Edit Log.

Tally Prime

At Present customers use Tally Prime accounting and enterprise management a much-advanced version of ERP9 Software. The company is constantly upgrading software that complies with all regulations including taxes like GST. With seamless formatting, clients can now manage multiple companies. Tally Prime helps in making enterprise businesses easy to manage by automating the core functions and business processes. The enterprise software helps in filing GST.

Tally is a software that is advancing regularly by incorporating features relating to tax compliance and e-invoicing.  It is one of the most flexible enterprise solutions. The data flow can be customized as per individual needs using a personal dashboard. The application can be customized as needed, but even the reports can be sliced and diced as desired. Most of the versions available are stripped-down skeletons but with all the added features in place. They have an  immense capacity for customization  

The later versions have gained importance due to t

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