Tallysolutions

Tally Solutions

From business guides, to accounting techniques to being GST-compliant; Tally Solutions give you a whole lot of tips and guides to make the most of our business management software, TallyPrime. With the help of our expert content and specially curated blogs, you can take crucial business decisions, seamlessly.

Posts by Tally Solutions:

Tally Solutions  
Business Owners
5 Disadvantages of Not Using an Accounting Software

Every business maintains accounts in some form or the other. Most businesses start out with maintaining accounts manually and gradually move to an accounting software as the business’s transactions gr

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Tally Solutions  
Business Owners
Benefits of Using an Accounting Software

Accounting is an integral activity for every business. Optimizing your accounting processes and automating them can reduce your costs and improve your business efficiency greatly.

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Tally Solutions  
Business Owners
6 Features to Look for in an Accounting Software

An accounting software has become a necessity for businesses in today’s times. Using an accounting software in your business can make a huge difference to your business’s efficiency and growth.

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Tally Solutions  
Billing & Invoicing
Credit Memo – Definition, Format, Scenarios and Example

A credit memo is a commercial document issued by a supplier to the customer notifying the reduction of the amount that a customer owes to the seller.

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Cost Management Financial Accounting
What is Capital Budgeting? Process, Calculations and Example

Capital budgeting is a process through which different projects are evaluated in terms of cost and benefits. It is the firm’s formal process for acquisition and investment of capital.

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Tally Blogs
Tally Solutions  
Fundamentals of Accounting
Understanding Depreciation: What It Is, Different Types, and Some Examples

Depreciation can be defined as a reduction in the value or the effective economic life of an asset owing to several reasons

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Accounting Fundamentals Billing & Invoicing
Bill of Sale & Purchase Bill: Details, Format & Example

A bill of sale is a legal document that serves as proof of sale and purchase transaction. It is a document that records the transfer of ownership from one person to another

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Tally Solutions  
Cost Management Financial Accounting
Capital Expenditure (CAPEX) – Definition, Signifiance and Tips

Capital Expenditures are the category of assets that generally indicate the most important use of a company's resources.

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Tally Blogs
Tally Solutions  
Cost Management Fundamentals of Accounting
The Ins and Outs of Administrative Expenses: What They Are, Why They Matter, and Common Examples

Administrative Expenses are the regular expenses you incur as a part of regular business activities. Read more on administrative expenses examples, meaning & definition.

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Tally Solutions  
Accounting Fundamentals Fundamentals of Accounting
Accumulated Depreciation – Meaning & How it Works & Calculation

Accumulated depreciation is the total amount a company depreciates its assets, while depreciation expense is the amount a company's assets are depreciated for a single period

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Tally Solutions  
Accounting Fundamentals Bookkeeping
What is Cash Receipt? Benefits and Example

A cash receipt is a printed acknowledgement of the amount of cash received during a transaction involving the transfer of cash or cash equivalent.

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Tally Solutions  
Accounting Fundamentals Banking
What is Cash Deposit Slip? Format and Process

A cash deposit slip is a record of how much money will be/has been deposited into a bank account. In simple words, a cash deposit slip is a form that is used to itemize the cheques and cash deposited.

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