Tally is an on-premise accounting software package that caters primarily to small and midsize businesses across several industries. It provides business functionalities such as accounting, finance, inventory, sales, purchase, point-of-sales, manufacturing, job costing, payroll and branch management.
The accounting module enables support tasks such as voucher management, reminder letters and bank reconciliation, and provides a dashboard to track business ratios. The sales module records receivables, payables, billing and invoicing and tracks orders.
Cash flow can be managed through the MIS reporting module to facilitate decisions regarding bank loans, credit limits and capital investments. Tally's inventory capabilities can support manufacturers, distributors and traders in stock accounting. The payroll management feature handles payslip generation, salary revision and arrears calculation.
Tally's remote functionalities enable data collaboration between multiple systems.