Tally for Decision Makers

With approximately 2 million customers, Tally is all set to take over the accounting industry with its latest version which is mainly for Decision makers and business owners. Tally is considered to be an accounting software and mostly its users are accountants and data entry personnel. This paradigm shift from accountants and data entry personnel to decision makers and Business owners will lead to increase in the usage of the software as it will also support the decision making functions of the Owners and decision makers.

Business owners are always on the move. They are always working and trying to make the most of their time. Tally in its latest version .i.e. 6.6 supports these needs of owners empowering them with the business related information required to take timely and accurate decisions. Tally.ERP 9 release 6.6 provides online access to their Tally reports.

This is a new milestone that Tally has accomplished by going online. Never before has Tally taken a step towards digitization. Reaching this milestone is just the beginning of where Tally aims to be in the time to come.

So what exactly is new in Tally release 6.6?

Web reports

The online feature is mostly for decision makers and business owners. It provides an option for viewing Tally reports from any device and from anywhere. The only restriction or mandate is to have the Tally.Net ID and password. Without the Tally.Net ID and Password, you will not be able to login to your account and view your reports.

This mandate is a security feature to ensure that no unauthorized person can see your confidential Tally data.

What types of reports are available online?

The reports that reveal about the financial health of your business such as the profit and loss reports, Balance sheet, etc. Below is the exhaustive list of reports that are available in Tally -

• Balance Sheet
•  Bills Payable
•  Cash/Bank Book(s)
•  Cash Flow
•  Credit Note Register
•  Day Book
•  Debit Note Register
•  Delivery Note Register
•  Funds Flow
•  Group Outstanding
•  Journal Register
•  Ledger Outstanding
•  Ledger Voucher
•  Profit & Loss A/c
•  Purchase Orders Book
•  Purchase Orders (Due Only)
•  Purchase Orders Outstandings - Ledger
•  Purchase Orders Outstandings - Stock Item
•  Purchase Register
•  Ratio Analysis
•  Receipt Note Register
•  Sales Order Book
•  Sales Order (Due Only)
•  Sales Orders Outstandings - Ledger
•  Sales Orders Outstandings - Stock Item
•  Sales Register
•  Stock Query
•  Stock Summary
• Trial Balance

Here’s how all these web reports will help you as decision makers and Business owners.

Decision making on the go

With Tally, decision making has never been so easy and convenient as it is now due to the web based reports. The productivity, as well as dependence on a computer, is eliminated ensuring decision making on the go.

Security and Control

Web reports showcase confidential business reports that you may not want anyone other than you to see. This can be made possible by giving different types of users the authority to only those reports that you want them to view.

Use a web browser to access Tally reports

Any device with an internet connection and a web browser can be used to view the Tally reports. This makes user’s life simple. This lets users view their Tally reports on their smartphones as well. Since smartphones are always available with Business owners, this feature has made Tally reports available at the user’s disposal.

Report download

Another amazing feature of these online reports is the user is given the option to download these reports in a PDF form. This enables the user to even save the report offline for later comparison or decision making along with the supporting reports to back up the decision.

On-demand reports

You can demand any of the above mentioned reports. The list of reports that are made available for online viewing is long and most reports are covered in it for user convenience.

Easy setup

Setting up online reporting through your Tally is easy. All you have to do is ensure that your TSS (Tally Software Services) is valid or active (If not click here to activate), Once your TSS is activated, update to latest release 6.6, connect your company and set the option to allow users to view reports from anywhere and you are good to go. It is important to keep in mind the user with Valid Tally.Net IDs will only be allowed to view reports online. You can also set which users see which report in Tally. You can set different report access for different users.

Tally is continuously trying to simplify the usage of Tally for its users. We do not know what more can we expect from Tally in future but one thing that we surely know is Tally is expanding its horizons and may soon have some completely unexpected features so stay tuned and keep your TSS up-to-date.