Tally Prime ?

 

What is Tally Prime? 

Tally Prime is the latest version of the Tally accounting software developed by Tally Solutions Pvt. Ltd. It is a powerful business management software used for accounting, inventory management, payroll, taxation (like GST), and many other business tasks.


๐Ÿ“˜ Complete Information About Tally Prime


1. ๐Ÿ”น Purpose of Tally Prime

Tally Prime is designed to help businesses manage their day-to-day operations easily and efficiently. It is mostly used by:

  • Small and Medium Businesses (SMBs)

  • Accountants

  • Business Owners

  • Financial Professionals


2. ๐Ÿงฎ Main Features of Tally Prime

FeatureDescription
AccountingMaintain cash, bank, credit transactions, profit & loss, balance sheet.
Inventory ManagementManage stock levels, movement, sales, and purchases.
GST ComplianceGenerate GST returns and tax invoices easily.
InvoicingCreate professional invoices with company branding.
BankingAuto bank reconciliation and e-payments.
PayrollManage employee salaries, attendance, and deductions.
Multi-Language SupportUse Tally in Hindi, English, and many other Indian languages.
Multi-User & Multi-CompanyOperate multiple companies and users in one software.
Data SecurityRole-based access and user-level security.
Remote AccessUse Tally from anywhere through Tally.net.

3. ๐Ÿงพ Important Vouchers in Tally Prime

Voucher TypeUse
Payment VoucherRecord payments made.
Receipt VoucherRecord money received.
Sales VoucherRecord goods/services sold.
Purchase VoucherRecord purchases.
Journal VoucherFor adjustments and entries not involving cash.
Contra VoucherFor bank-to-bank or cash-to-bank transfers.
Credit Note / Debit NoteFor returns and corrections.
Delivery Note / Receipt NoteFor delivery and receiving of stock.

4. ⌨️ Shortcut Keys (Few Examples)

TaskShortcut
Create CompanyAlt + F3
Open CompanyAlt + F3
Shut CompanyAlt + F1
Payment VoucherF5
Receipt VoucherF6
Sales VoucherF8
Purchase VoucherF9

(Let me know if you want a full list of shortcuts)


5. ๐Ÿ“Š Reports in Tally Prime

ReportPurpose
Trial BalanceCheck balances of all ledgers.
Balance SheetShows financial position.
Profit & Loss A/cShows income and expenses.
Stock SummaryStock details and status.
GST ReportsView and export GST returns.

6. ๐Ÿ› ️ Why Choose Tally Prime?

  • Easy to use (simple UI)

  • Fast data entry

  • Real-time reporting

  • GST-ready

  • Scalable for growing businesses

  • Regular updates and support


7. ๐Ÿง‘‍๐ŸŽ“ Career Options After Learning Tally Prime

  • Accounts Executive

  • Tally Operator

  • GST Accountant

  • Billing Executive

  • Inventory Manager

  • Junior Accountant

Salary starts from ₹10,000 to ₹25,000+ per month (depending on experience and location).


8. ๐Ÿ’ก Tally Prime vs Tally ERP 9

FeatureTally ERP 9Tally Prime
UIOld, complexModern, user-friendly
SearchLimitedPowerful "Go To" search
Multi-taskingNot supportedSupported
NavigationMulti-key stepsOne-click access

9. ๐Ÿ’พ Tally File Types

  • .tsf – Tally Snapshot File

  • .900 – Data backup files

  • .tcp – Tally compiled program

  • .txt – Import/export masters

  • .xml – Exported data for integration


10. ๐Ÿ“ฆ Installation & License Types

  • Single-User: For small businesses

  • Multi-User: For medium/large businesses with multiple users

  • Can be installed on Windows systems (not for mobile)

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