Question

You have learned how to analyze and record business transactions.Research online to find accounting software packages....

You have learned how to analyze and record business transactions.Research online to find accounting software packages. Identify a particular software package and explain how it can be used in the steps of the accounting cycle. Which steps will it simplify, and how? Which steps will the software not be able to handle without human intervention? Please identify the advantages and disadvantages of using software for the accounting process.

Business   Accounting   
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Answer #1

Tally ERP 9

Tally ERP 9 is a simple and powerful accounting software used to store and maintain daily business transactions. It is a MS Dos and Windows based package used for multi accounting process. It is not only popular in India but also currently sells in 88 countries including UK, Bangladesh, and the Middle East. This accounting software is developed by Tally Solutions Pvt Ltd, Which was formally known as Peutronics Private Ltd.

The main features of tally software are ;

Advantages of Tally ERP 9

Disadvantages

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