Tally helps in maintaining financial record of the company that includes net deductions, taxes, bonuses, and net payment.
Management in banking sector – Banks use Tally to calculate interests on deposits and also manage various user accounts. Tally support ensures ease in calculation and makes banking simpler.
Tally is a computer software which is widely used for accounting purpose mostly by small and medium business. ... Now, this software is used for Accounting, Payroll, Billing, Sales and Profit Analysis, Auditing Banking Inventory, Taxation such as VAT, TDS, TCS.