I’ve discussed some of the very core features or you can say some of the important functionality of Tally. The features are listed without giving any specific rank to them.
I am sure you will like the detailed listing of some of the amazing features of Tally.
If we particularly talk about accounting, Tally has segmented it in 6 different functions. They are:
1. Contra (Only for cash and bank related entries)
2. Payment (For payment entries)
3. Receipt (For receipt entries)
4. Journal (For entries which doesn’t include cash or bank and for closing entries)
5. Sales (For sales billing)
6. Purchases (For purchase billing)
There are many more functions related to accounting like Credit Note, Debit Note, Reverse Journal, Memos and so on which aid in performing accounting procedures in an easy manner.