Maintain Accounts using different Currencies other then the home currency.

Forecasting using Budgets feature of tally. You can make Departmental Budget, Financial Budget and Marketing Budget. Budget features are used to compare against actual to Display Variance.

How to handle and maintain Accounts of a Manufacturing ompany

Cost Centers: - Allocating EXP and Income (Revenue) to the different branches of the company inside Bombay or all Over India.

Maintaining Accounts related to Cost Centers

Using Tally’s Advance features of TDS (Tax Deducted at Source).

Using Tally’s Advance features of VAT (Value Added Tax)

How to Import and Export Tally Data

Ratio Analysis. (Explained in Detail):- Reports showing you the state of the companies financial health and where it is going in short term. (Ratio Format).

Using E-capabilities. (Email) features of Tally.

Cash and Fund Flow statement:-

How to ascertain:
Cash Flow summary- Cash Movement- Inflow and Outflow of cash only.
Fund Flow summary- Movement of entire Working Capital.
Recall source of fund and how they are applied

Scenario Management:- Useful in reports with provisional figures without actually putting the entries through the main books and for forecasting purposes, by passing necessary Vouchers

Exploring the QUERY features of Tally

Saves time.

Accuracy.

Various accounting books are created within seconds i.e. cash book, ledger book, purchase book, sales purchase.

Financial statements within minutes i.e. Trading A/C, Profit and loss A/C, Balancesheet.