Home | | Accountancy 12th Std | Application of computerised accounting system – Tally with GST package

Chapter: 12th Accountancy : Computerised Accounting System- Tally

Accountancy | Study Material, Lecturing Notes, Assignment, Reference, Wiki description explanation, brief detail |

Application of computerised accounting system – Tally with GST package

Tally is one of the most widely used financial accounting softwares. It is used by various types of trade and industries.

Application of computerised accounting system – Tally with GST package

Tally is one of the most widely used financial accounting softwares. It is used by various types of trade and industries. It is a comprehensive business accounting and inventory management software that provides various facilities like multi-lingual operations, online functions, legally supported reports, etc.

In 2009, Tally Solutions introduced the software Tally.ERP 9. The software offers comprehensive business management solution. It maintains all books of accounts. Different types of vouchers such as vouchers for receipt, payment, sales, purchases, etc., can be used for recording transactions. It follows the principle of double entry system of book keeping. In 2017, it was updated to comply with the Indian Goods and Services Tax (GST) requirements.

Tags : Accountancy Accountancy
Study Material, Lecturing Notes, Assignment, Reference, Wiki description explanation, brief detail


Copyright © 2018-2020 BrainKart.com; All Rights Reserved. Developed by Therithal info, Chennai.