Auto Backup through Tally Drive in Tally Prime 7 – A Complete Guide Protecting Business Data the Smart Way Data is the backbone of every business, and safeguarding it is critical for continuity and compliance. A data backup ensures that a complete duplicate set of accounting data is safely stored elsewhere In earlier versions of…
Category: Tally
SmartFind in TallyPrime 7: The Fastest Way to Search
SmartFind: AI-Like Universal Search Find Anything, Instantly, with an AI-Powered Search SmartFind is TallyPrime 7.0’s most talked-about new feature. It is a universal, AI-like search tool designed to locate information instantly. Its power lies in “fuzzy matching,” which allows it to find information even with partial words, spelling mistakes, or fragmented inputs. For example, typing…
Business Accounting Software System
Accounting Software System Overview Accounting Software Overview Before we start about working with Tally, let us look at snapshot of General Features of a Business Accounting System, commonly available in all Accounting Software System. Apart from mainlining Accounts and Accounting Reports, a good Accounting Software system must be able to align with organisation system work…
Financial Management in Tally
Financial Management in Tally Prime Every Business has its objectives and goals. It must have an efficient mechanism to set its targets and appraisal of achievements in respect to the target. To exercise the important management controls, Tally provides several management tools like: Financial Budgets in Tally Prime Budgets are Future plan and tools for…
Company Preference Share Capital Accounts
Company Preference Share Capital Accounts Company Preference Shares Company Preference Shares have priority in regard to payment of Dividend and Repayment of Capital before the payment to equity shareholders. Types of Company Preference Shares b. As per Profit participation: c. As per Convertibility into Equity Shares: d. As per Repayment of Capital: ii. Irredeemable Preference…
Partnership Firm Amalgamation Accounts
Partnership Firm Amalgamation Accounts Amalgamation of Partnership Firms Two or more firms may be amalgamated to take over the business of these firms. In this case amalgamated firms will dissolve and their accounts will be closed. New accounts will be opened in the books of new firm. The following procedure will be adopted to close…
All latest features of Tally Prime Accounting Software
Tally Prime 4 Excusive New Features The new Tally Prime 4 released on 12th Dec 2023, in quick succession to Tally Prime 3, boasting some grand features for users. Here we give a brief snapshot of these new features so that users may find how to reap the benefits of added advantages offered. Though there…
Practical Assignments – GST Accounts – Tally
Practical Assignments : GST Accounts–Tally The Practical Assignments-Tax Accounts- covers Basic tasks of Maintaining GST Accounts, from set up, Data Entry to GST Reports, in Tally Prime Rel 3.x. This assignment is in continuation to Practical Assignments of Basic Financial Accounting & Basic Invoicing & Inventory Accounts. Maintain GST Accounts in the same Company…
