Suyash Bhiya 4th Report

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  • 7/29/2019 Suyash Bhiya 4th Report

    1/2

    WEEKLY REPORT 4

    In the last week of the training I had to analyse the collected data into a suitableform showing the interests of the customers, basic areas of the sales, itslimitations-very software provides us facility to work fast and easy way. There are many otherbenefits of different software. Like different softwares, tally was also made by tally

    solution co. for the benefit of professional accountants. But, still there are manydisadvantages of tally. This article is not criticism of Indias no. one branded ac countingsoftware. But, this article is written for all tally experts and tally solutionsoftware company, so that after knowing defect, we can be over all default of tally andmake it no. one accounting software in the world market.

    1. I have used tally for many years and I feel that it is not as easy as excel or ms word ofMicrosoft Company. Because, excel and ms word can learn by himself. But even senioraccountants, if they do not know how to operate, they can also mistake in maintaining ofaccounts in tally.

    2. There is no improvement in old version of tally. Tally Company islaunching newversion one by one from tally 4.5 to tally 9. It is one of most disadvantage of tally thatthe expert in old version of tally can not get improvement in same version. Suppose I amexpert in tally 7.2 and tally launch new version tally 8.1 and tally 9. But tally Co. is notcare for improving tally 7.2. But now aftermigration facility from tally 7.2 to tally 9isgood step of Tally Company for removing this advantage.

    3. Tally 9s making and maintain system of budgeting is no so advance. There is noprovision of capital budgeting in tally 9 with different methodsof capital budgeting.

    4. Tally does not provide one button of default setting of this software. I explain thisdemerit as suppose a new customer purchased tally for maintaining accounts on it andhe has changed some setting of features and configuration after this , if his accountantfound something wrong in tally , there is no one button to correct it because withoutdeleting ledger and voucher , you can return to default setting of feature menu .

    5. Tally support system is no so effective. There is still need to improve to the supportsystem of tally. So that training of this software becomes simple.

    After getting the various disadvantages of the software and analyzing them I studied thevarious attributes which the customers require from an accounting software,

    VARIOUS VERSIONS OF TALLY Tally 4.5Tally was started with is first version ofTally 4.5, which was a DOS based program. This

    program was very light weight and very fast in operation.

    Tally 5.4The next version was 5.4 which was graphic interface version. It became popular in the masses.Its pirated copy made it most popular accounting software.

    Tally 6.3Next version was tally 6.3 which was truly windows based version which could support fastprinting and with VAT implemented. Tally 6.3 came with water tight security in terms of piracy.With its dongle it was almost impossible to crack. Although crack of software were available butTally's policy of frequent upgrades and newer releases does the trick.

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  • 7/29/2019 Suyash Bhiya 4th Report

    2/2

    WEEKLY REPORT 4

    Tally 7.2Next version of Tally was Tally 7.2. It was also fast version with lots fo new feature like statutorycompliant versions. Different VAT rules for different states was achieved with this version.

    Tally 8.1Tally 8.1 was developed with new data structure of Tally. A module of POS and Payroll wasadded to it. It could not live up to the expectations with the people and marred by bugs. Company

    rectified many but the version could not become popular and company has to abort it before timeand launch new version.

    Tally 9This is the latest version of Tally which has maximum features. All other versions have beendeclared end of life period by Tally company. Tally 9 has advance features like Excise for

    Dealers, Payroll, FBT, TDS, e-TDS filing facility etc along wit its regular features related toaccounting and inventory management.

    I was also asked to provide with the suggestions for the promotion and importance ofthe product.