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Application of Disruptive Technologies in Business: Mba (M&S) Section-B Mba (RM) Section-A
Application of Disruptive Technologies in Business: Mba (M&S) Section-B Mba (RM) Section-A
RM-07
EASE TO ACCOUNTING
Organizations use the accounting feature of
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Tally in 6 different ways including credit, debit,
reverse journal, payments, receipt, sales,
purchase and memos. EASE TO BANKING
04 With the help of banking function, the user can
create deposit slips, print cheque, maintain
EASE TO RATIO ANALYSIS cheque register, and get payment advice. It has
been majorly used to reconcile the bank
Ratio analysis helps in the ratio calculation that 03 statements with the bank account books.
displays the ratio of different clients. It helps the
user to analyze the profit of particular business.
EASE TO INVENTORY
02 A well-maintained inventory helps
in reducing the loss and wastage.
Ease to taxation and billing Simply, the user can go one-step
Tally software has not only involved in
01 further in classifying the inventories
calculating the amount of taxes, but it with respect to groups, units, tariff,
also helps in including the taxes stock items and go-downs.
handling VAT, income tax, excise tax,
customs and service tax.
WHY SHOULD AN
O R G A N I S AT I O N U S E TA L LY ?
godown management in
Purchase order ,sale
tally
order management
ADVANTAGES
GST ready
Easy to learn
Multilingual support
No useful upgrades
Not flexible
No Central Support
COMPETITORS
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole
heart. I am alone, and feel the charm of existence in this spot.
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Tally software can be purchased and downloaded from the Tally website. We can download a 30-day trial
Get Started version if we are not sure if we want to use it yet. Tally 9 is for Windows only. We can also use Tally in Educational
Mode, which allows you to learn how to use the software without having to purchase a license. Some features are
restricted in this mode.
HOW TO USE 02
Navigation : (After installation is complete, we use it’s hardware supports or
TALLY. software supports to use the machine) Tally. ERP 9 is designed to be navigated by
using the keyboard. While we can click any option we want, everything in Tally has a
keyboard shortcut. The Shortcut as we say, is usually the key displayed next to each
available option. Learning how to get around with the keyboard will increase the
A wonderful serenity has taken possession of efficiency.
my entire soul, like these sweet mornings of
spring which I enjoy with my whole heart. I
am alone, and feel the charm of existence in
this spot, which was created for the bliss of
souls like mine 03
Create a Company : (After we get some idea about the machine, we set the
program for it to work )
To use Tally, we will first need to create a company in the program. Even when we are
not usingtally professionally, we still need to create a company using the following
steps :
Learn More
Step1 : In the opening menu, select “Create Company”
Step 2 : Enter Company details :
• Enter the company name as it appears on banking records
• Enter the company address, statutory compliance, telephone number, and email
Step 3 : Turn on “Auto Backup” to ensure that a copy of all your work is saved in case something
happens to the original.
Step 4 : Choose your currency
Step 5 : If you are using Tally to just manage your accounts, then select “Accounts only” in the
Maintain menu and If you are using Tally for inventory management as well, select “Accounts
with inventory”
Step 6 : Enter the start of your financial year and the start date for the books
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Usage: (Now since we were going to use the machine, it becomes important to first learn about the
machines usage)
SCREENSHOTS
FOR YOUR VALUABLE TIME