Tally ERP 9 is a popular accounting software used by businesses to manage their financial operations. It offers a wide range of features and capabilities to help businesses streamline their accounting processes and improve their overall financial performance.
Some of the key features of Tally ERP 9 include:
- Accounting Management: Tally ERP 9 allows businesses to manage their accounting tasks such as ledgers, vouchers, invoicing, and financial statements.
- Inventory Management: It helps businesses to manage their inventory by tracking stock levels, monitoring sales, and generating reports.
- Payroll Management: It offers features to manage employee salaries, attendance, and other related tasks.
- Taxation Management: Tally ERP 9 helps businesses to manage their tax liabilities, including GST, VAT, TDS, and other taxes.
- Banking and Finance Management: It provides features for managing bank accounts, reconciling bank statements, and generating cash flow statements.
To use Tally ERP 9, first, you need to purchase and download the software from the official Tally website. Once you have downloaded the software, you need to install it on your computer following the installation instructions provided by Tally.
After the installation, you can start using the software by creating a company in Tally ERP 9. To create a company, you need to provide basic information such as company name, address, financial year, and other details. Once the company is created, you can start using Tally ERP 9 to manage your financial operations.
To get the most out of Tally ERP 9, it is recommended to undergo training or watch tutorials to familiarize yourself with the software’s various features and functionalities. Tally also offers support and resources to help businesses use the software effectively.
Tally ERP 9 is a comprehensive accounting software that also includes features to manage GST compliance. The software can help businesses to manage their GST returns, invoices, and other related tasks with ease.
Here are some of the key features of Tally ERP 9 with GST:
- GST-Compliant Invoicing: Tally ERP 9 enables businesses to create GST-compliant invoices easily. The software automatically calculates the applicable GST rates and generates the invoice accordingly.
- GST Returns Filing: Tally ERP 9 can generate GST returns such as GSTR-1, GSTR-3B, and GSTR-4. The software also helps businesses to reconcile their GST returns with their books of accounts.
- Input Tax Credit Management: Tally ERP 9 allows businesses to manage their input tax credit effectively. The software can automatically calculate the input tax credit based on the GST rates and the invoices received from suppliers.
- HSN and SAC Code Management: Tally ERP 9 enables businesses to manage their HSN (Harmonized System of Nomenclature) and SAC (Services Accounting Code) codes effectively. The software can automatically generate HSN and SAC codes based on the nature of the goods or services.
- GST Compliance Reports: Tally ERP 9 can generate a variety of GST compliance reports such as GSTR-2A Reconciliation Report, GSTR-9 Annual Return, and GSTR-3B Summary Report. These reports can help businesses to ensure that they are GST compliant.
To use Tally ERP 9 with GST, businesses need to ensure that they have configured the software for GST compliance. They can do this by setting up the GST details in the software and creating GST-compliant ledgers, items, and tax rates. Tally also offers support and resources to help businesses with GST compliance.
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