WEEKLY REPORT 4

In the last week of the training I had to analyse the collected data into a suitable form showing the interests of the customers, basic areas of the sales, its limitationsvery software provides us facility to work fast and easy way. There are many other benefits of different software. Like different softwares, tally was also made by tally solution co. for the benefit of professional accountants. But, still there are many disadvantages of tally. This article is not criticism of Indias no. one branded accounting software. But, this article is written for all tally experts and tally solution software company, so that after knowing defect, we can be over all default of tally and make 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 of Microsoft Company. Because, excel and ms word can learn by himself. But even senior accountants, if they do not know how to operate, they can also mistake in maintaining of accounts in tally. 2. There is no improvement in old version of tally. Tally Company islaunching new version one by one from tally 4.5 to tally 9. It is one of most disadvantage of tally that the expert in old version of tally can not get improvement in same version. Suppose I am expert in tally 7.2 and tally launch new version tally 8.1 and tally 9. But tally Co. is not care for improving tally 7.2. But now after migration facility from tally 7.2 to tally 9 is good step of Tally Company for removing this advantage. 3. Tally 9s making and maintain system of budgeting is no so advance. There is no provision 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 this demerit as suppose a new customer purchased tally for maintaining accounts on it and he has changed some setting of features and configuration after this , if his accountant found something wrong in tally , there is no one button to correct it because without deleting 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 support system of tally. So that training of this software becomes simple.

After getting the various disadvantages of the software and analyzing them I studied the various attributes which the customers require from an accounting software, VARIOUS VERSIONS OF TALLY Tally 4.5 Tally was started with is first version of Tally 4.5, which was a DOS based program. This program was very light weight and very fast in operation. Tally 5.4 The 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 6.3 Next version was tally 6.3 which was truly windows based version which could support fast printing 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 but Tally's policy of frequent upgrades and newer releases does the trick.

WEEKLY REPORT 4
Tally 7.2 Next version of Tally was Tally 7.2. It was also fast version with lots fo new feature like statutory compliant versions. Different VAT rules for different states was achieved with this version. Tally 8.1 Tally 8.1 was developed with new data structure of Tally. A module of POS and Payroll was added 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 time and launch new version. Tally 9 This is the latest version of Tally which has maximum features. All other versions have been declared 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 to accounting and inventory management. I was also asked to provide with the suggestions for the promotion and importance of the product.