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Introduction

TallyERP 9 is the world’s fastest and most powerful concurrent Multi-lingual business Accounting and Inventory Management software. Tally ERP 9 is designed to automate and integrate all your business operations, such as sales, finance, purchasing, inventory, and manufacturing.

Tally. ERP 9 is a windows-based enterprise resource planning software. The software handles accounting, inventory management, order management, tax management, payroll, banking and many such requirements of the business.

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How to use Tally.ERP 9?

Tally is nothing but accounting in digital format. Maintaining accounts in manual books, we write accounting entries as debit and credit. In Tally, we create entries the same way. So how do we do it Tally then?

Get started with Tally.ERP 9 in 4 simple steps

• Download: Download Tally.ERP 9 Release 6.3
• Install: Run the setup.exe of Tally.ERP 9
• Create company and enable VAT: Open Tally.ERP 9. In Gateway of Tally > Create Company. Select Country. Don’t forget to select your Emirate if you are from the UAE.

Under Statutory Information, Enable VAT to Yes. Enter TRN. Select the Periodicity as Monthly or Quarterly as suitable to your business. Press Ctrl + A to save.

• Create VAT ledger: In Gateway of Tally > Accounts Info > Ledgers > Create. Create a ledger under Duties & Taxes. You can name the ledger as per your preference. For example: VAT Ledger. Enter remaining details as required. Press Ctrl + A to save.

Do you maintain business and accounting records manually?

With the above noted four simple steps, you could start getting into your commercial enterprise facts into Tally.ERP nine and make sure that the facts is recorded in a VAT compliant way. You also can be sure that the entries are errors-free.

You don’t must worry approximately VAT compliance anymore. If any mistakes take place while entering transactions, Tally.ERP nine will alert you. All other accounting ledgers are available by using default, and you could create new ledgers in case you wish.
With Tally.ERP 9, you could print VAT compliant invoices. This will give more self assurance to your customers and suppliers and decorate your business relationship. You can also fetch reviews that they might need any time consisting of receivables, payables, outstandings, and so on.

Apart from the fact that you no greater ought to preserve physical information for five years, the most important benefit you get with Tally.ERP 9 is that you could preserve your enterprise records updated and VAT compliant.

Are you the usage of Excel to record and keep accounting and business information?

Get began with Tally.ERP 9 as referred to inside the above mentioned 4 steps.

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Tally.ERP nine offers ease of navigation and is easy to use. It offers an unequalled product revel in that receives even higher with the automatic errors detection and prevention capability.

If there are any adjustments in VAT legal guidelines as in line with GCC, Tally.ERP 9 Release 6.3 will get upgraded on time. You gets alerts about such enhancements for your Tally.ERP nine itself.

To file your VAT return, you must make sure that your statistics is accurate and VAT compliant. Continue specializing in your commercial enterprise, and permit Tally take care of all of your compliance needs.

Are you already the usage of accounting software program and planning to try Tally.ERP 9?

Get started out with Tally.ERP nine as noted within the above mentioned 4 steps.

Tally.ERP 9 helps all industry-standard records formats. You will face no records integration or migration issues.

Tally.ERP nine is a VAT geared up software and a complete commercial enterprise management solution. Get an unmatched experience of simplicity, reliability, speed and flexibility whilst the usage of Tally.ERP nine. Focus on developing your business and let Tally manage your business and VAT compliance.

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FAQs

1. 1 How does Tally ERP 9 work?

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Tally 9 ERP is an accounting program that lets you track and manage all of your accounts, sales, debts, and everything else related to the running of your business. Tally 9 is primarily used in India, and you can test it out for free. With Tally, you can track all of your expenses with just a few keystrokes

1. 2 How can I use tally in business?

Go to Gateway of Tally > Accounts Info > Ledgers > Create. Enter the Name for the ledger you want to create such as purchase, sales, state tax, central tax, integrated tax, stock item names etc.
…
In order to use Tally, following steps must be followed:

1. Create a company.
2. Enable GST features.
3. Ledger creation.

1. 3 How can I learn tally easily?

Start learning Tally for free!

1. Download and Install Tally for FREE.
2. Creating a Company in Tally.
3. How to create ledgers in Tally.
4. Basic Accounting Vouchers in Tally.
5. Sales and Purchase Vouchers in Tally.
6. Debit and Credit Notes in Tally (Purchase and Sales Returns)

1. 4 Can I learn tally at home?

Yes, You can learn tally, I will suggest some methods. If you own a computer, You can install tally erp 9 educational version version in your computer . and start learning from its help file or you can approach some experienced professional for guidelines to start with.

1. 5 What is contra entry?

A contra entry is recorded when the debit and credit affect the same parent account and resulting in a net zero effect to the account. These are transactions that are recorded between cash and bank accounts.