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TallyPrime GST Ready (Single User - Perpetual). One software for all your business needs - Accounting, GST, Invoice, Inventory, MIS & more






Tally Solutions was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka after the family's cotton business was destroyed by fire.[4] It began as Peutronics Financial Accountant, an accounting software application.[5][4] The company was incorporated in 1991 and was renamed Tally Solutions in 1999.

Shyam Sundar Goenka was running a company that supplied raw materials and machine parts to plants and textile mills in southern and eastern India. Unable to find software that could manage his books of accounts, he asked his son, Bharat Goenka, 23, a Maths graduate to create a software application that would handle financial accounts for his business.The first version of the accounting software was launched as an MS-DOS application. It had only basic accounting functions, and was named Peutronics Financial Accountant.

  • In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9.
  • In 2009, the company released Tally.ERP 9, a business management solution
  • In 2015, the company launched a program called Vriddhi to certify and classify its business partners. Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features.
  • As of 2016, the company had 1 million customers
  • In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software.
  • In 2020, the company released TallyPrime
  • In 2020, TallyPrime offers connected e-invoicing solutions to generate e-invoice within their software automatically
  • In 2022, they introduced Tally Prime Edit Log.

 

Buy TallyPrime Software with this link 



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Full form of TALLY

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LIST OF LEDGER UNDER GROUP IN TALLY

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Ledgers and Groups in Tally

Ledgers and Groups in Tally Capital Account: Capital Accounts may be directly placed under Capital Group or a sub-group may be created for them. Common example of Ledger Accounts under Capital Account group is Share Capital, Partners’ Capital Accounts, and Proprietors Capital Account. Separate Ledgers may be opened for Equity Capital, Preference Capital A/c etc. Reserves & Surplus (Retained Earnings): The Group Reserves & Surplus is a sub-group to Capital Account. All Reserve accounts (recognized as Retained Earnings) are placed under this group. Common examples are: General Reserve, Capital Reserve, Investment Allowance Reserve, Share Premium Account etc. Loans (Liabilities): All loans taken should be placed under this group. Reserved sub-groups under this Primary Group: Bank Overdraft & Cash Credit (Bank OD), Secured loans and unsecured loans. Bank OD Accounts (Bank OCC A/c): Normally a business house has two types of bank accounts: Current account and Bank Loa...