what is tally

Question

what is tally

Accepted Answer

Tally is an accounting software widely used for financial management and bookkeeping purposes.

Tally is a popular accounting software used by businesses to manage their financial transactions.
It helps in maintaining accurate records of sales, purchases, inventory, and other financial activities.
Tally provides features like invoicing, tax calculations, bank reconciliation, and financial reporting.
It is user-friendly and offers customizable options to suit different business needs.
Tally can generate various financial statements like balance sheets, profit and loss statements, and cash flow statements.
Example: Tally can be used by a retail store to track sales, manage inventory, and generate invoices.

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