Tally is used for small and medium size businesses across the globe. It is a financial management software used in almost all SAARC (South Asian Association for Regional Cooperation) countries.
Tally does all the ledger, Voucher entries and prepares Invoices etc.
Most important features of Tally are it prepares Financial Statements which are used by
- Owner
- Bank
- Lender
- Customers
- Suppliers
- Employees
These are explained in brief in the next sections.
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