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Tally Software Merits and Demerits

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Merits of Tally Software

1. Installation of Tally is fast and easy: Tally has a simple procedure of installation and the software does not require high level of hardware configuration for installation. It takes not much time to install and you do not require more than 8 MB space for loading the software. Buyers can specify the directory to install the software and get it installed in 1 minute.

2. Fast data transaction: Tally uses flexi length data and flexi fields, which are self indexed file structure, and the data transaction is very fast. Therefore, the software is easy to use even for people who are not proficient in computer hardware or software.

3. High operating system compatibility: It runs on many operating systems and it is very compatible to other software products. You can install Tally on Windows NT, Windows 95, Windows 98 and Windows 2000.

4. High network compatibly: Tally runs on different network protocol such as NT, Peer - Peer N / W, Novell.TCP / IP may require the unlock feature.

5. Reliable data transaction: Data integrity checks are carried out by the machines at regular intervals, which enable complete reliability. A binary coding is used to store data, which prevents direct access to the data and data can only be accessed through OBDC layer.

6. Admin features: The software provides rights to the administrator to conduct audit of all the data stored in the data files. The main administrator can alter the data as per the requirement and after the alteration the software depicts the changed data with the name of the person, who changed it.



7. User's rights can be defined: The software provides the feature to define user's right and the administrator has the right to access all the features of the software. Multi user version also called Gold version, allows people to work on network to run on many machines and data transaction is very easy even on multi user environment.

8. Data encryption through Tally vault: The data of the software is encrypted through Tally Vault. The admin user for a new company is created on the set up stage or new rights can be defined by modifying the previous entries.

9. Easy to restore data and take a backup: Tally offers a user friendly backup option and the backup can be taken to local machine. You can take back-up of data of one of more company in one folder. The software also allows splitting data to separate two units of a company.

10. Allows data formatting and import /export of data: Tally provides support for protocols such as HTTP, FTP, HTTPS, SMTP and RAW, and it allows data to be transferred to other formats of data such as XML, HTML, SOAP and SDF. Tally can export data in many formats and imports can be taken from XML or DBF form of data formatting. The software allows graphical reports and web enabled features.

Demerits of Tally Software

1. Tally sometimes requires double entries for certain functioning.

2. Users find the GUI based features not very attractive.

3. It may take more time for some uncomplicated functions.

4. Customer support is not very enhanced.





 Read Related Articles

Advantages of Tally Accounting Software
Tally ERP Software Review
Accounting Software Market and Industry
Accounting Software Timeline

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