Tally Accounting Packages

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Tally Accounting Packages
Tally Accounting Institute

Tally accounts software is one of the most popular accounts software in India and is very much in demand among small and medium enterprises, since most of these companies look for cheap and efficient accounting software with support and up gradation from time to time it has many features which match the standard of any enterprise resource planning software in India, this accounting software is developed by Bangalore based software firm TIPA, way back in 1985 this software company initially came out with an accounts software which was dos based version and slowly it was upgraded and developed into full fledged solution which as Accounts, Inventory, billing, taxation like TDS, service tax, excise, payroll functions like PF ESI etc

. It is very easy to learn computerized accounting. Many students as well as businessmen find it useful to learn Tally from Tally Institutes, there are many computer training institutes as well as profession accounting institutes like:- The Institute of Professional Accountants which offers full time courses, however many other institutes have developed small modules which help students to learn this software, however TIPL also took efforts to educate people about their software and tried to create awareness among the student and business community to use their software in a professional manner.

Accounting has been very important function of every old and new organization, since business runs on the decisions taken by the owners and managers because it helps to find out the profit and loss generated from business operations, an accounts assistant accountant and accounts manager working in accounts department of the company helps top management to provide raw data about the performance, this accounting data can further be analyzed after extracting the same from the accounts department with the help of different accounting software, here computerized accounting plays a significance part in understanding the needs and requirements of the orgnisation while designing the MIS reporting system of any organization internal controls of the organization plays an important role. Thus function of the accounts department becomes very important for successful running of a business organization.

Timely MIS reports generated by accounting software becomes an important input for the decision makers at top level, which will appreciate the accuracy and preciseness of such reports, timely reports with reliable data will help them to realize the. There are various computerized accounting software available in the market today and in the Indian context software like Tally, Busy, SAGE, FACT are some of the important name which comes up while deciding to implement the computerized accounting.

During training at any Institute it is important to understand the kind of training study material prepared by institute and experience of faculties play very important role.

Since computer accounting is an area where knowledge of both accounting and computer is required, since deals with various aspects of accounting taxation inventory and payroll, prior knowledge of these subjects are essential before exploring the software, hence it is advisable to learner to have prior knowledge of the these subjects, however basic knowledge of computer is also essential before starting training at any institute.