Frequently Ask Questions for Tally ERP Single User and Multi User Software (Tally FAQ):
1 – Is Tally ERP 9 Accredited by the Tax Authorities?
Tally ERP 9 is accredited by General Authority of Zakat & Tax (GAZT) of KSA and also accredited by Federal Tax Authority (FTA) of UAE.
2 – What are tally vat solutions related reports that one can generate with Tally.ERP 9?
Tally.ERP 9 is an end-to-end solution that sets the factors for all VAT-related tasks when require. Some reports on VAT that can be created using Tally ERP 9 include:
– Reverse Charge Report
– FAF – Federal Audit File for UAE
– Advance Receipt Report
– VAT Return Form for UAE and KSA
– VAT Paid to Customs Report
3 – Can I generate invoices in English and Arabic?
With Tally ERP 9 you can create bilingual POS and Tax Invoices. If you are in KSA or any other GCC countries, you can print invoices in Arabic and English. The same thing can only be printed in Arabic or in English on the bill.
4 – How can I test the product before buying?
You can get a free Demo from one of our Tally Expert. After the completion of Demo you can still use Tally in your system in Educational Mode.
5 – Can we create multiple companies in Tally ERP Single User?
6 – Can we do multi-currency in Tally software?
A) Yes, you can create multi-currency in Tally Software.
7 – Do we have inventory in Tally Single User License?
8 – Do we have payroll?
9 – Do you have Remote user in Tally?
A) Yes, we require internet. Need configuration to enable this feature.
10 – Who can use tally Silver license?
A) Only single user can use Tally Silver license in one Laptop or Desktop only. They can use the same license in different device, but before they have to surrender the existing license.
11 – Tally single user license is best use for which industry?
A) Any business industry with one accountant, business Owner or Entrepreneur can use Tally single user license.
12 – Can we maintain Salesman related reports.
A) Yes we can.
13 – Can we issue Debit note and Credit Note in Tally?
A) Yes we can.
14 – How many remote users can use Tally?
A) In single user one remote user can use Tally.
15 – Can we maintain complete Financial Accounting in Tally?
A) Financial Accounting: It provides complete financial accounting solutions with general ledger statement, trial balance statement, trading and profit & loss statement, and balance sheet statement.
16 – Does tally support Inventory also?
A) Yes, with Tally, you can know your stock summary statement in one click. It also provides stock query, movement analysis, cost estimation, stock transfer, stock aging analysis, physical stock register etc.
17 – Does Tally Include Payroll Module?
Payroll Management: Here you can manage employee’s salary/other earnings, employee’s deductions, attendance, employee’s profile etc.
18 – Does GCC VAT available in Tally?
A) Yes, Tally supports VAT in all over GCC.
VAT or Taxation: In Tally, all the scenarios like domestic sales and purchase, imports & exports, VAT exempted transactions etc are covered as per Government specifications.
19 – Can we create multiple users in Tally?
Users Management: Tally allows you to create multiple users with different levels of permission to access the data. You can also track the activities of the users.
20 – Is Data Secured in Tally?
Data Security: Tally ERP use of data integrity checks ensures that no external change to your data can affect it. It uses binary coding format to prevent confidential grouping of information. It also allows you to access your database from a fully enabled ODBC layer.
21 – Can we access Tally Data Remotely?
Remote Access: Company’s sales team can access the company stock summary and their sales and collection data from anywhere without disturbing the local user. Not only sales remote user can use almost all the features, if he has permitted by the administrator.
22 – Does Data Synchronization available in Tally?
A) Yes, Tally permits to maintain centralized database system through this feature. By using Tally synchronization feature, Company can exchange data either completely or partially between head office and branch offices.
23 – Do we have Sales & Purchase Management Support in Tally?
A) Yes, we have sales and purchase management support system in Tally.
Systematic and error-free sales & purchase management is very simple in Tally ERP 9. Tally will give you proper tracking from sales to receipt and purchase to payment.
24 – Does Tally support Sales Order Management?
A) Yes, Full pledged sales order management feature is available in Tally ERP. Company can view all the orders either outstanding or fulfilled in a single screen. Cancellation or partial closing of orders is very simple in Tally ERP.
25 – Does Tally Support Purchase Order Management (PO)?
A) Yes, Full pledged purchase order management feature is available in Tally ERP9. Company can view all the orders either outstanding or fulfilled in a single screen.
26 – Can we generate POS (Point of Sale) Report in Tally?
A) Sure, Tally provides POS with different payment options like debit card, credit card, gift voucher, cheque, and cash. Barcode system is also one of the added features in Tally ERP9.
27 – Does Tally have Post-dated Voucher Management system?
A) Yes, While entering vouchers, you can post-date them, and Tally ERP will not update the ledgers until the date in question. This is most useful management system in entering the transactions that take place on regular basis. If you pay something by installments you can set up the payment in advance and Tally ERP9 will only enter them in the ledger as they fall due. All post-dated vouchers are maintained in a separate register.
28 – Can we generate Auto Bank Reconciliation Statement (BRS) in Tally?
A) Sure, Upload the bank statement in Excel, PDF, CSV formats, Tally will reconcile them automatically.
29 – Is Cheque Management available in Tally?
A) Yes, Maintaining cheque register, cancelling selected cheque, printing cheques all are possible in Tally ERP 9.
30 – Is Tally ready for VAT Invoicing:?
A) Yes, GCC VAT is implemented in Tally.ERP9 by taking into consideration of all the scenarios in a regular business. VAT on advance receipt, VAT paid at customs, Taxable imports-exports, exempted imports-exports, any other business transaction are made very simple and flexible in Tally ERP Single User and Multi User.
31 – Can we post Imports & Exports Entries in TallyERP?
A) yes, In Tally.ERP9, Imports-Exports options are available with shipping details, container numbers and package details.
32 – Can Auditor’s use Tally?
A) Yes, Tally ERP offers a special Auditors’ Edition of Tally.ERP9, which provides auditing and compliance capabilities exclusively for Chartered Accountants.
33 – Can we post queries directly from Tally?
A) Yes, Support Centre in Tally allows a user to submit support inquiries directly to the functional and technical aspects of the Product.
34 – Can we manage Multiple Tally Licenses installed in Multiple sites?
A) Yes, Control Centre runs as an interface between the user and Tally ERP, which is installed on different sites, and allows the user to centrally configure and manage the site/user belonging to an account.
35 – Can we get Accounts Receivables (AR) and Accounts Payables (AP)?
AR/Bills Receivables and AP/Bills Payables: Organization can get Bills receivable and payable statements for any given period in a click.
36 – Does Tally Support .Net feature?
A) Yes, Tally.NET is an active frame that provides a link to access the Customer’s data, without copying/exporting the remote user’s data.
37 – Can we use Tally in Multiple Languages?
Concurrent Multi-Lingual Capability: Tally ERP offers you the exclusive capability of maintaining your accounts in any Indian language and many international languages specially Arabic language. Tally ERP supports posting entries or entering data in one language and viewing them in another language and printing them in yet another language. For ex: you can enter the data in English language and you can view and print them in Arabic language.
38 – Does Tally ERP support Accounting with Codes & without Codes?
A) Yes, It is possible to manage Accounting with and without codes in Tally.ERP9.
39 – Can we maintain and generate report for more than one year data without splitting the data in Tally ERP?
Flexibility: Tally ERP provides flexibility to generate instant reports for any given period (month/year) or at any point of time besides providing the facility to toggle between Accounting & Inventory reports of the same company or between multiple companies.
40 – How can we move to next financial year in Tally ERP?
A) There are two ways to move to next financial year in Tally ERP:
1- Splitting data: In Tally ERP, you can split the data by carrying all the closing balances with out any error to next financial year in a simple and easy way.
2- Simply changing the period: In Tally ERP, you can either split the data or change the period in one click and continue with the present data. This will also carry forward only closing balances without any transaction.
41 – Can Tally ERP process the data posted by multiple users through multiple computers?
Real-Time Processing: Immediate publishing and updating the books of accounts after an instant transaction, makes it easy to prepare statements and reports. It also provides a real-time and multi-user environment.
42 – Is Tally made for any special business?
Scalability: Tally ERP 9 suits to any style of business needs and eliminates the necessity for a business to change its style of operation, in order to adapt to the application. If it is not suitable 100%, we can customize the small part of your business requirement.
43 – How to use single user tally on multiple computers?
A) Install and activate Tally.ERP 9 on a Server in LAN and then use it with Remote access. Be clear one person can work on single user license at a time.
44 – How to maintain stock register in tally erp 9?
A) Stock Register is a record of finished goods maintained on a daily basis. This report contains details of description of goods manufactured/produced, opening balance, quantity manufactured or produced, Total quantity and so on.