ЁЯФ╣ Introduction:
Tally is one of the most widely used accounting and business management software in India. It is developed by Tally Solutions Pvt. Ltd., and is designed primarily for small and medium-sized businesses to manage accounting, inventory, GST, payroll, and more efficiently.
ЁЯФ╣ Beginning of Tally:
TallyтАЩs journey began in 1986, when Shyam Sunder Goenka, a businessman from the textile industry, needed a software solution to manage his accounts. His son, Bharat Goenka, a software engineer, developed a simple accounting software to meet that need.
This marked the beginning of what we now know as Tally.
The software was initially called Peutronics Financial Accountant and was developed to run on DOS systems. It was one of the first accounting software products in India to simplify financial management.
ЁЯФ╣ Timeline of Major Versions:
| Year | Version | Key Features |
|---|---|---|
| 1986 | Peutronics | Basic DOS-based accounting software |
| 1990 | Tally 3.0 | Single-user version |
| 1996 | Tally 4.5 | Enhanced basic features on DOS |
| 1999 | Tally 5.4 | Windows interface introduced |
| 2001 | Tally 6.3 | VAT support and printing features |
| 2005 | Tally 7.2 | State-wise VAT compliance |
| 2006 | Tally 8.1 | Multilingual support and POS invoicing |
| 2007 | Tally 9 | FBT, TDS, payroll, service tax |
| 2009 | Tally.ERP 9 | Full ERP with remote access, GST support added later |
| 2020 | Tally Prime | New interface, multi-tasking, e-invoicing, and GST features |
ЁЯФ╣ About Tally Solutions Pvt. Ltd.:
Founded: 1986
Headquarters: Bangalore, India
Mission: To provide simple and reliable business software for SMEs
Global Reach: Tally is used in over 100 countries with millions of active users
ЁЯФ╣ Tally Prime тАУ A New Era:
In November 2020, Tally introduced Tally Prime, a modern and more intuitive version of Tally.ERP 9. It came with:
A redesigned interface
Multi-tasking capabilities
тАЬGo ToтАЭ search feature
Better navigation
Complete GST and e-invoicing support
Enhanced report viewing and customization
Tally Prime made it easier for business owners, accountants, and entrepreneurs to handle complex tasks with simple commands.
ЁЯФ╣ Significance and Impact:
┬а
Tally revolutionized how Indian businesses manage their accounts. From a basic ledger-entry software, it grew into a complete ERP system used by millions. It simplified accounting for non-accountants and became an essential tool for compliance with tax laws like VAT and GST.
