What is tally and it's work?

Question

Accepted Answer

Tally is an accounting software used for managing financial transactions and generating reports.

Tally is a popular accounting software used by businesses to record and manage financial transactions.
It helps in maintaining books of accounts, generating invoices, and managing inventory.
Tally provides features like balance sheet preparation, profit and loss statement, and cash flow statement.
It can handle various financial operations like sales, purchases, payments, receipts, and bank reconciliations.
Tally also offers taxation capabilities, allowing users to calculate and file GST returns.
It provides real-time financial reports and analysis to help businesses make informed decisions.

Accepted Answer

Tally is accounting software used for various financial operations like sales, purchases, payments, receipts, and bank reconciliations.

Tally also offers taxation capabilities, allowing users to calculate and file GST returns.

It provides real-time financial reports and analysis to help businesses make informed decisions.

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