Tally ERP 9 is software for business. Large, medium and even small enterprises can use this. It is a software that is GST-ready. The comprehensive solutions that are provided by this software can be customized.
The advantages of ERP in large and medium enterprises
Activities of inventory, accounting, finance, payroll and more can be very effortlessly combined and used. Large enterprises need combining or the crossing of these activities for so many functions that they need to run. They need just the right ERP software to perform an operation that is cross-functional so that they can take decisions of their own.
The business uses different data as its running procedures. The owner can give the right to access to a particular set of employees for a particular data set. This way the multiple management with the help of multiple user ids comes into play.
A person who works at the godown and not at the head office can be given remote rights to go down relevant information. This helps the individual to carry out work from go down itself and saves time in the traveling. This leads to efficient working. This is referred to as Tally remote access.
Tax auditors’ work has also been made easy. They can simply leave comments on the vouchers for the owners to read and act accordingly. The trouble of transferring data is omitted in this case completely.
The advantages of ERP in small enterprises
The three critical functions that have to be managed in small enterprises are compliance, accounting, and inventory. Tally ERP 9 can be used in all these aspects. The interface is very user-friendly and easy to operate. The complex functions in the background are completely not required to be known by the users.
The three functions of inventory, compliance, and accounting can be so effortlessly merged into one software that it makes the life of the businessman easy. A day to day finance record and assessment and decisions that are taken accordingly can be done with the help of this.
Essential financial reports are just a click away with this software. Small business needs to keep an immense check on the cash flow. They need to always be aware of the funding. They should be aware of when and how much of a loan they should apply for in the banks. A growing business cannot afford to have these decisions complicated so, tally ERP 9 makes things easier for them.
The report for stock aging is provided by Tally ERP 9. This helps the businessman to understand if too much cash is being invested in the maintenance of the inventory. Huge amounts of interest to loans are not sucking out the profit margin of the company is kept in the note of the businessman.
Sum it up
Tally ERP 9 on clouda concept that has also made life easier. Just like any important information that we have a backup of tally reports should also be kept a backup of. In case of a system crash, this comes handy and helps in keeping all the relevant information to run a business safe.