What is Tally and where it can be used?
Tally is a software for accounts and inventory management, which is used for performing many functions like Performing all basic accounting functions, Estimating job costing, Storing details and managing inventory items, Managing payroll, Filing tax return, managing profit, and loss statement, preparing a balance sheet, VAT forms, trial balance, cash-flow report, Maintaining budget scenarios
Calculating interest on the outstanding amount, Managing data over different locations and synchronize it etc.
