TALLY provides
the normal CASH BOOK, LEDGER,
SALES and PURCHASE registers, JOURNAL register, DEBIT and CREDIT NOTE
Registers as the principal books
of accounts, and further the statutory
statements generated thereon, viz. the Trial Balance, Profit &
Loss and Balance sheet, Cash
flows, Funds flow,
performance analysis, etc.
Additionally, it
permits you to define your own classification methods to organise
the information more meaningfully, keeps track of
your outstandings (receivable or payable) on a bill to bill
basis,allows you to set budgets for accounts or groups of
accounts. It also gives the daily closing
balance or transactions of any ledger account, group or cost centre, a
Memo register to ensure that statutory payments
are not forgotten,
Cost Centres to show the
profitability (Dept. or product wise),
and many other useful facilities.
