24 December 2011

What is "Tally Accounting" its scope and need ?

Tally is a software of accounting which is used for maintaining accounting information.This software makes easy use of accounting.It is easy to use and it is not necessary that a person should have accounting background and should have perfect knowledge about accounting.If a person have a little knowledge about accounting he could work easily on this software.In a few years ago all the work of accounting was done in the papers .At that time to maintain the work of accounting like to maintain cash book,trial balance,profit and loss account and balance sheet it needs more paper work.Because at that time there was no software like tally by which accounting information could be maintained.By using tally software paper work is minimised.At past time to maintain accounting information the organisations need a qualified and professional person who have a deep knowledge of accounting.But today it does not need a professional or who have a deep knowledge about accounting.Who have a little knowledge about accounting and by using this software a person could easily maintain accounting information and could work on it with ease.Today tally software is a popular software as you know at this time every big organisations and every small organisations need to maintain their accounting information.So it is a very usefull software at this time.In this software we study about the three sectors of accounting which are trading sector,service sector and the manufacturing sector.In trading sector we study about the trading companies which companies do their work by trading activities like sale and purchase of goods.for this we have to make the entries in the sale and purchase vouchers which are already existed in this software.It minimise the work of maintaining trading account ,profit and loss account ,balance sheet and trial balance etc.

1 comments:

A good piece of information provided. Keep it up.

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