Tally is fully computerized financial business accounting software. It is develop by Tally solutions private limited India in 1988. In this software we will learn to create, modify and delete of company. We will also learn to create ledger and voucher entry of the transactions. When we entry the voucher, the software will automatically display the final reports, cash flow e.t.c. In the market, we can get two types of Tally software. First one is Tally authorized versions or full versions and Tally educational version. Authorized versions are used by company or organization but evaluation versions are used to learn about data entry. Tally 5.4, Tally 6.3, Tally 7.2, tally 8.1 and tally 9.0 are versions of tally.
Cycle of Accounting
