Outward Connectivity Inward Connectivity Outward Connectivity Pick up data from Tally directly into other programs like Microsoft Excel or Word without any programming! Print labels for greeting cards from the ledger addresses stored in Tally! Even create templates for the likes of Audit Reports and Schedule VI forms and plug in data from Tally. TALLY ODBC Tally uses ODBC to connect to other programs and exchange data dynamically. It is also useful for forecasting by entering forecast figures in provisional vouchers and including them to get forecasted figures.The vouchers that are used in Scenario Management are:Optional VouchersMemorandum VouchersReversing Journals This is useful in reports with provisional figures without actually putting the entries through the main books.
SCENARIO MANAGEMENT Scenario management is a management tool that enables different views of your information, both accounts and inventory related, by selectively including certain types of vouchers without affecting the base data. Know the age of stocks in hand according to when they were received and the purchase value. Tally's aged stock analysis or Stock ageing enables you to Every business (except perhaps the liquor and antiques dealers) would prefer to dispose of older stocks as they might deteriorate with time, go out of fashion, or simply get forgotten. Money locked up in stocks can adversely affect the liquidity of a company and every company strives or should strive to reduce stock levels to the optimum. Hence, we will first specify and then obtain the report.More:Specifying Reorder LevelsObtain Reorder Status and Quantities to orderAlter Reorder Levels and minimum quantities AGED STOCK ANALYSIS (AGEING ANALYSIS) A very important function of Working Capital management is monitoring stocks. You may also specify the minimum quantity that is to be placed for each order in either simple or advanced mode.The purpose of specifying reorder levels is to obtain a report that indicates the stocks that need to be ordered. In advanced, Tally considers past consumption patterns to suggest reorder levels. In simple mode, Tally accepts your specified quantities only. Therefore, the points to be considered in deciding reorder levels are the lead time for suppliers to deliver stock, the delivery time specified by the customer, and the stock in hand to satisfy orders in the meantime. The importance of reorder level arises from the desire to have sufficient stocks to service customer orders and at the same time not to have unnecessarily high stocks. REORDER LEVELS Reorder level is that quantity in hand for a stock item, reaching which, you should order your supplies. NEW FEATURES Reorder Levels Aged Stock Analysis Scenario Management TallyODBCE-capabilities All this leads to accurate decisions for improved profits.
NEW FEATURES OF 6.3 RELEASE 1 The Extended Enterprise SystemThe new Tally ees 6.3 comes with breakthroughs in collaborative technology that extend your company's capability of managing information across your software applications and your offices, with your business partners and your managers-on-the-move. NEW FEATURES TALLY 6.3 OVER OLDER VERSION TALLY 5.1 Tally 9 has advance features like Excise for Dealers, Payroll, FBT, TDS, e-TDS filing facility etc along wit its regular features related to accounting and inventory management.ĭETAILED COMPARISION BETWEEN VARIOUS VERSIONS OF TALLY All other versions have been declared end of life period by Tally company. TALLY 9This is the latest version of Tally which has maximum features. Company rectified many but the version could not become popular and company has to abort it before time and launch new version. It could not live up to the expectations with the people and marred by bugs. A module of POS and Payroll was added to it. Tally 8.1Tally 8.1 was developed with new data structure of Tally. Different VAT rules for different states was achieved with this version. It was also fast version with lots fo new feature like statutory compliant versions.
Although crack of software were available but Tally's policy of frequent upgrades and newer releases does the trick. With its dongle it was almost impossible to crack. Tally 6.3 came with water tight security in terms of piracy.
TALLY 6.3Next version was tally 6.3 which was truly windows based version which could support fast printing and with VAT implemented. Its pirated copy made it most popular accounting software. TALLY 5.4The next version was 5.4 which was graphic interface version.
This program was very light weight and very fast in operation. TALLY 4.5Tally was started with is first version of Tally 4.5, which was a DOS based program.