A COMPARATIVE STUDY OF

DIFFERENT ACCOUNTING SOFTWARE’S

HINDWARE HSIL LTD.

Submitted in partial fulfillment of the requirements

for the award of the degree of

Bachelor of Commerce (B.COM)

To

Guru Gobind Singh Indraprastha University, Delhi

Guide: CA Anushree Mishra Submitted by: Priya Gupta

Roll No.: 06590388814

Institute of Innovation in Technology & Management,

New Delhi – 110058
Batch (2011-2014)
 Certificate

I, Ms. Priya Gupta Roll No. 06590388814 certify that the Project Report/Dissertation

B.COM-311) entitled “A Comparative Study of Different Accounting Software’s” is done by

me and it is an authentic work carried out by me at “Hindware HSIL Ltd”. The matter

embodied in this project work has not been submitted earlier for the award of any degree or

diploma to the best of my knowledge and belief.

Signature of the Student

Date:

Certified that the Project Report/Dissertation (B.COM-311) entitled “A Comparative

Study of Different Accounting Software’s” done by Ms. Priya Gupta, Roll No.

06590388814, is completed under my guidance.

Signature of the Guide

Name of the Guide: CA Anushree Mishra

Designation:

Date:

Countersigned
(Director / Project Coordinator)
 ACKNOWLEDGEMENT

First and foremost I would like to pay my sincere gratitude which I owe to CA Anushree

Mishra, for her valued help and guidance which she gave me when I needed it the most.

It was only due to her sincere help and efforts that I was able to end up with this project. I

sincerely acknowledge her for extending their valuable guidance .support for literature,

critical review of the project and the report and the above all the moral support she had

provided for me with all the stage of this project

I owe special thanks to Dr. C.P. Chawla Director of “Institute of Innovation In

Technology & Management” for his valuable co-operation and guidance in completing

the project work.

 CONTENTS

S No Topic Page No

1 Certificate (s) -

2 Acknowledgements -

3 List of Tables -

4 List of Figures -

5 List of Symbols -

6 List of Abbreviations -

7 Chapter-1: Introduction

8 Chapter-2: Research Methodology

9 Chapter-3: Data Presentation & Analysis

10 Chapter-4: Summary and Conclusions

11 References/Bibliography

12 Appendices

Chapter 1
 COMPANY PROFILE

HSIL is multi-location and multi-product company and has ISO-9001, ISO14001 and

OHSAS-18001 certification.

HSIL was the first company in India to manufacture Vitreous China sanitary ware when

even in the U.K. production of such sanitary ware was only 50% of the total sanitary

ware being produced.

HSIL is first to help Indian Standards Institution (ISI) now named Bureau of Indian

Standards (BIS) to develop quality standards for sanitary ware industry and first to obtain

license for marking their products with ISI mark.

HSIL enjoys a visible presence in two businesses buildings products and container glass.

The company’s building products are retailed under the brand names of ‘Hindware’ and

‘Rassi’ and container glass products are sold directly to institutional customers under the

‘AGI’ brand.

HSIL enjoys a 36% market share of India’s organized sanitary ware business and 13%

share of India’s container glass business.

HSIL’s operations are spread across three manufacturing facilities-

Bahadurgarh (Haryana) and Bibinagar (Andhra Paradesh) for container glass

products, which provide operational flexibility and a proximate access to its principal

markets.

The company has the largest product range to suite any bathroom, economic or luxurious,

Indian style or European, conventional or ultra modern, matched with whisper or

flamboyant colors.
Four regional offices, four area offices and a distribution network comprising 925 dealers

and approximately 12,000 retail outlets support the company.

HSIL is the single largest exporter of sanitary ware in the country. In this sector, new

markets have been identified. The company has also developed new models and new

colours for these markets.

HSIL stands for products quality and innovation. It has been a profitable business entity

since 1962, and has paid dividends every year in its existence (except one).

During the year 2007-08:

Turnover Rs. 5762.74 million

EBIDTA Rs. 887.33 million

Gross profit Rs. 724.30 million

Profit before tax Rs. 461.15 million

Public holding

The company’s shares are listed on the Bombay Stock Exchange and the National stock

exchange.

Its non-promoter shareholding is 44.37% denoting 24,416,963 equity shares.

OBJECTIVES OF PROJECT

In today’s market there are so many different accounting software introduce for business. That's
why the business man really very confused to select the best software for his business. They are

totally depend on the charter accountant of his business or the dealer of some accounting software. The

following are the objective of this project.

1. To analyse the user of accounting software in developed and undeveloped areas of business.

2. To study which of the accounting software mostly preferred by business man.

3. To study the expectation of business man from accounting software.

4. To study the comparison of accounting software to find out which accounting software is useful

to business

5. Help to suggest the best accounting software to the owner of business.

6. How this software useful to auditor and for government.

7. How this software help to make a business control.

Chapter 2

RESEARCH METHODOLOGY
Research design and methodology:

Research methodology was start with training:

1. Firstly, getting education of working of the organisation.

2. Understanding the software, how to operate tally in an organisation.

3. Study of various other financial software’s.

4. Working on system.

Information of designing research:

Duration of study is six weeks i.e., from 17-06-2016 to 30-7-2016.

The research is based on secondary data collected from the published material and

internet.

Some problems faced in this research:

1. Lack of knowledge of financial software.

2. Facing problem with confusing technical terms.

Chapter 3

DATA PRESENTATION AND ANALYSIS

INTRODUCTION

Accounting software is application software that records and processes accounting transactions

within functional modules such as account payable, account receivable, trial balance and balance

sheet etc. it function as an accounting information system. It is developed by the company

himself or from other third party company who create this type of software and they can also

modified that software with local modification

After mid 1990s the businessman understand the important of accounting software and

after that every businessman started the use of accounting software in his business and now das

every business from small scale to large scale business use the accounting software in his business for

recording every business transaction made by them.

Accounting software are introduced after the innovation of computer which is most important to

use the accounting software but before the innovation of computer there is a system which is

used by every business to record their business transaction it is could the book keeping and

accountancy. The all accounting software base is on this accounting technique which used

by old people. To find out the history of accounting software firstly we want to know the history of

accountancy.

On the basis of past information the practice of accounting had been around for many thousands of

years ago. Most of the formal modern day accounting started at the end of the Crusades. As

trade dramatically increased between Europe and Middle East business grew to beyond what a single

owner cold manage this brought about the need for written records so that business owners could

keep track of their transactions and ensure that their agents performed profitably.

The double entry system was first used in Genoa, Italy around the 13 th century and was further

polished in Venice with the industrial revolution business expanded to great size both in terms
of sale, purchase and staff these larger business required capital and capital required investor who

in turn required proper reporting of funds they were also subject to increased government

regulation and taxation accounting kept on advancing to the present day and involves the

standardization of reporting and the development of international accounting standard .

Today accounting is called 'the language of business' because it is the vehicle for reporting financial

information about a business entity to many different group of people. Accounting that

concentrates on reporting to people inside the business entry is could management accounting and is

used to provide information to employees, managers, owner manager and auditors.

Accounting that provides information to people outside the business entity is called

financial accounting and provides information to present and potential shareholders, creditors

such as banks or vendors financial analysts, economists and government agencies to do all this

things management use various software for prepare record which useful to them and others related to

that business.

In this project we understand the important, need of accounting software use in business

and also the advantages and disadvantages of accounting software. It is very crucial to define

which accounting software is use in business. Before know which accounting software is

useful in business we know the history of accounting software.

 HISTORY OF ACCOUNTING

SOFTWARE

The history of accounting or accountancy is thousands of years old and can be traced

to ancient civilizations.

The early development of accounting dates back to ancient Mesopotamia, and is closely

related to developments in writing, counting and  money  and early auditing systems by

the ancient Egyptians and Babylonians. By the time of the Emperor Augustus, the Roman

government had access to detailed financial information.

In India Chanakya wrote a manuscript similar to a financial management book, during the

period of the Mauryan Empire. His book "Arthashasthra" contains few detailed aspects of

maintaining books of accounts for a Sovereign State.

The Italian Luca Pacioli, recognized as The Father of accounting and bookkeeping was

the first person to publish a work on double-entry bookkeeping, and introduced the field

in Europe.

The modern profession of the chartered accountant originated in Scotland in the

nineteenth century. Accountants often belonged to the same associations as solicitors,

who often offered accounting services to their clients. Early modern accounting had

similarities to today's forensic accounting. Accounting began to transition into an

organized profession in the nineteenth century, with local professional bodies in England

merging to form the Institute of Chartered Accountants in England and Wales in 1880.

Early development of accounting

See also: History of mathematics,  History of writing, and History of money

Accounting records dating back more than 7,000 years have been found

in Mesopotamia, and documents from ancient Mesopotamia show lists of expenditures,

and goods received and traded. The development of accounting, along with that of money

and numbers, may be related to the taxation and trading activities of temples:

"another part of the explanation as to why accounting employs the numerical metaphor is

that money, numbers and accounting are interrelated and, perhaps, inseparable in their

origins: all emerged in the context of controlling goods, stocks and transactions in the

temple economy of Mesopotamia."

The early development of accounting was closely related to developments

in writing, counting, and money. In particular, there is evidence that a key step in the

development of counting—the transition from concrete to abstract counting—was related

to the early development of accounting and money and took place in Mesopotamia.

Other early accounting records were also found in the ruins of

ancient Babylon, Assyria and Sumeria, which date back more than 7,000 years. The

people of that time relied on primitive accounting methods to record the growth of crops

and herds. Because there was a natural season to farming and herding, it was easy to

count and determine if a surplus had been gained after the crops had been harvested or

the young animals weaned.

Expansion of the role of the accountant

Between the 4th millennium BC and the 3rd millennium BC, the ruling leaders and

priests in ancient Iran had people oversee financial matters. In Godin Tepe and Tepe

Yahya , cylindrical tokens that were used for bookkeeping on clay scripts were found in
buildings that had large rooms for storage of crops. In Godin Tepe's findings, the scripts

only contained tables with figures, while in Tepe Yahya's findings, the scripts also

contained graphical representations. The invention of a form of bookkeeping using clay

tokens represented a huge cognitive leap for mankind.

During the 1st millennium BC, the expansion of commerce and business expanded the

role of the accountant. The Phoenicians invented a phonetic alphabet "probably for

bookkeeping purposes", and there is evidence that an individual in ancient Egypt held the

title "comptroller of the scribes". There is also evidence for an early form of accounting

in the Old Testament; for example the Book of Exodus describes Moses engaging

Ithamar to account for the materials that had been contributed towards the building of the

tabernacle.

By about the 4th century BC, the ancient Egyptians and Babylonians had auditing

systems for checking movement in and out of storehouses, including oral "audit reports",

resulting in the term "auditor". By the 2nd century BC, the importance of taxation had

created a need for the recording of payments, and theRosetta Stone also includes a

description of a tax revolt.
ADVANTAGES OF ACCOUNTING SOFTWARE

1. Enables effortlessness data transfer:-

The main benefit of accounting software is - when the data is entered through the software, it is

updated throughout the system. For example: If a person makes some entries in stock, the data

gets updated at every management level and in every department. The employees can view the

updated data at their software terminal. No need to move the data file from one department to

other. Everything happens automatically at the main server or at the main database, as the

information gets updated.

2. Lowers expenses on data collection and data transfer:-

The data of inventory and accounting is required at almost every business unit be it a shop or a

corporate house, and accounting software helps you to save money spend on maintenance of

paper files and accounting data.

3. Fast data transaction:-

The manual process of accounting and delay in calculations is prevented through accounting

software.

4. Human errors is eliminated:-

The software does its job on time without error and the company officials get time to

concentrate on core business activities. If a company gets exact information and exact figure on

time, it can make forecast for further processes and make strategies to improve business. The time

spent on handling accounting books and resources is reduced.

5. To get easy and fast reports:-

Each and every data entry gets updated in the software and you can get reports of every week, month,
quarter or year in minutes.

6. Promotes business development:-

Business areas improved through accounting software are sales, inventory management,

merchant accounts, budget, asset management, taxation and payroll. Some accounting software

even provide legal services and important dates are flashed to remind of the priorities in a day.

7. Industry specific software:-

There are many industry specific accounting software specifically, designed for manufacturing or

construction sector.

8. Easy to use and handle:-

You can conduct every day business transactions through your accounting software and you

may even make payment online through the software to your clients or you can even receive

payment through online transaction.

DISADVANTAGES OF ACCOUNTING SOFTWARE

1. Technology has some disadvantages:-

Automation of processes makes people too much dependent on technology and if the

technology is not working, no work will happen.

2. It alone cannot provide complete automation:-

Accounting software provides reliable data to the business organizations, but if it is

integrated to other ERP modules, its functionality improves. If only accounting software is

installed in a company, then the data of all the other departments will not get updated

automatically, and manual entry to systems will be required, which can cause delays and may

increase the chances for human errors.

3. Unusual accounting reports couldn't be attained from automatic systems:-

You can get only those reports from software, which are predefined. If you need reports other

than the ones, which are found in accounting software, you may find it difficult to get.

Sometimes, the design patterns of some reports are too complex for software to give, in the exact

format.

4. User rights and permissions may create difficulties:-

The need and rights of various users is different and if the user rights are not defined at each level or

if users exchange their jobs for a day, the software has to define the changed rights, which is done by

an administrator. In such cases, until the changes are made the other user will find it

impossible to work, which means the other employee has no work until his rights are defined for the

day. The user's rights and the concept of reporting are difficult for technology to implement. In many

cases, manual reporting is considered better than automatic.

5. Making business strategies and budgeting can be difficult through automatic systems:-

After recessions, the trends have changed in market, and the concept of budgeting and forecasting has

widely changed, whereas, software makes forecast only through definite procedures and technical

instructions. Many companies follow their own procedure of forecasting, which is done

manually on excel sheet, and the previous year's data is taken from the software. Forecasting

and budgeting requires data based on the changed market situation or based on business seasons,

where the software has limited provisions.

6. Selection should be made appropriately:-

The selection of accounting software mainly depends on the needs of a company or on the needs of

an organization. If it is needed for a shop, a desktop version of accounting software can be bought,

but if it is needed for a big corporation, multiuser software will be required. Spending money on
expensive multiuser accounting software without a need can be wasteful and buying desktop version for

big company can be unwise.

It can be tough task to decide to get the best accounting software for your organization, but you

can buy after studying the features of various accounting packages available in market and

comparing their features. Accounting software not only helps large organization, but

small organizations are equally benefited by an automatic system and there are many software

which has been launched in the market to meet the requirement of small to mid-sized

organizations.

Some of the common types of accounting software available in market are:

COMMON FORMS

Accounting software for small businesses:-

The bestselling accounting software for small organizations includes QuickBooks, Cougar

Mountain Software, Tally, Sage and Busy. These packages have a highly developed financial

module and other module is just integrated through a few limited features to the main accounting

software. These packages have some basic features such as account receivable and payable, general

ledger, inventory and payroll. The companies buying this software can fulfilled the basic need of

automatic accounting through these packages. The cost of these packages for small businesses

is low and implementation is also very easy.

Software that offer business management:-

If you wish to buy an accounting software that helps you to track the working of inventory, CRM,

billing and ERP, then you can buy Microsoft's Dynamics, Sage, NetSuite, Oracle or SAP. The

business management solution comes with a range of features to enable integration to HR

implementation, CRM, inventory, production, and manufacturing and provide you a

complete automation of each and every accounting activity. These packages are generally very

expensive and the cost also depends on the number of features enabled.

Internet enabled accounting software programmes:-

The market has changed in many ways and vendors are looking to new markets to get new

customers. To reach new clients the system should be web enabled and web hosted solution are

equipped to provide you online web hosted accounting software. There are many software in this

section such as Clarity accounting, Net books etc. If you own a small business unit and you have

many shops at many geographical locations, you can buy a cheap web enabled package which has

restricted features as needed by your company. You may even get industry specific package to

meet your requirement.

Accounting software for free:-

You can also get accounting software for free. You can search for free accounting packages on

internet. QuickBooks provides you the option, to own the package for free. QuickBooks can be used

by twenty customers and it provides modules such as payroll, invoice generation, print checks etc.
 DIFFERENT ACCOUNTING SOFTWARE

1. S.A.P.

2. TALLY

3. BUSY

1. S.A.P.

SAP is stand for "Systems, Applications, and Products in Data Processing". SAPs story is

one of a steady rise from a small, five-man operation headquartered in southwest Germany's

Rhine-Neckar region to one of the world's largest independent software providers and an employer of

more than 47,598 people in over more than 50 countries. This software is introduced in 1972. It is

helps companies of all sizes and industries run better. They said that "Our mission is to help

companies of all sizes and industries to run well. Our vision is to help the world run better."

The first 10 years chronicles the highlights of the company's beginnings and subsequent

development from SAP's foundation its first software modules, and the SAP R/2 system to the

company's first year revenues first customers outside of Germany and first trade-show

appearance.

From back office to boardroom, warehouse to storefront, desktop to mobile device, ASP

improvers people and organizations to work together more efficiently and use business insight

more effectively to stay ahead of the competition. We do this by extending the availability of

software across on premise installations, on demand deployments and mobile devices.

Today, SAP has sales and development locations in more than 50 countries worldwide. SAP

applications and services enable more than 109,000 customers worldwide to operate profitably,

adapt continuously, and grow sustainably. SAP is one of the largest providers of ERP software in

world market and its ERP solution are structured to offer solutions to manufacturing units,
consumer product industry, financial services and service industry. It has five hundred fifty

micro-vertical solutions for small and mid-size companies. It is known globally for its

implementation in process manufacturing, consumer goods, financial sector, government and

public sector. Company thinks the growth rate of user of this software is 18% to 22% every year.

Following are the advantages and disadvantages of SAP.

ADVANTAGES OF S.A.P. :

1. It has many levels of features and functionality, and any kind of Industry finds it easy to

adopt SAP functioning. It is appropriate for large business organizations, multinational

companies and government sector, which follow complex business plans.

2. It provides appropriate solution for work flow and back office Processes.

3. It offers extremely flexible ERP solution as it defines business plans at many stages and the

companies buying the software can easily define their rules in SAP's architecture.

4. It provides automation at three levels, which helps in automating business processes and

workflow.

5. It can be implemented even to very complex business units and government organization.

6. It comes with the flexibility of integration to a range of database unlike Oracle and it is

easy for SAP to work on databases of different vendors.

DIADVANTAGES OF S.A.P :

1. It appears complex for easy business processes and implementation of SAP is a very tough procedure.

2. It gives a highly professional service to business organizations, but the cost of software and
implementation is very high.

3. It has too much flexibility, which increases the risk factor.

4. Maintenance of enterprise software is very expensive.

5. Its deployment may take many years for completion. SAP holds a major market in enterprise

resource planning software and its top rival is Oracle. Other vendors offering high quality

enterprise software are Inform, Microsoft and QAD. SAP is one of the most expensive

enterprise resource planning solutions that take a long time for implementation. In the

changing scenario in enterprise software, how to define the future of SAP and Oracle?

It is expected in future that SAP and Oracle may enter the enterprise software as a service market.

SAP has been trying to improve its market in global tier structure where Oracle is dominating

market. About fifty percent of the enterprise software market is dominated by SAP and Oracle. SAP

and Oracle both are trying to improve their bases in software as a service.

2. TALLY

In early 1980s Mr. Bharat Goenka introduce one computer accounting software it is cauld as Tallly.

They said that "when we started everyone in the software industry was in products, but soon they

shifted to services,we were the only ones inflexible in staying in products." In last 30 years they

develop producs for the Indian market and they make India an attractive place to do business in.

Mr. Goenka believes "The single most important factor which makes a business grow is do the

ownwes of the seniors in the business have the to me to make the business grow? Senior

management is so lost in business grow. Our approach in tally is to make it possible for freeing up

tome for the senior management, and make it possible for them to access information easily and

from anywhere so that time is saved."

Accounting software should have a good speed and power to deliver complex reports in minutes.

Tally is one of the most commonly used Accounting software, which can be

implemented in small business organizations and big financial companies. The ease of using

Tally makes it convenient to be used even by a user who is new to technology.

What is Tally ERP 9?

The Tally.ERP 9 software is designed for the sole purpose of helping businesses succeed

in an integrated and controlled environment. It is a business system that does not

discriminate based on the location of the user and can be used with a variety of platforms.

It comes with tutorials and demonstrations that allow users to better understand the way

the application works.

The application provides ease of access in all aspects, including the way that it is installed

onto a platform. There are various methods for installation, but it can be easily completed

by even new users. The installation has walkthrough demonstrations that allow users to

control every aspect of the installation. It is also equipped with features like the ability to

install only what is needed in the particular business setting. Users can choose which

features they want to use and install them. All of the features that are available with the

system do not have to be used by all business managers.

Introduction to Tally Software: Features

Tally is powerful accounting software, which is driven by a technology called concurrent

multi-lingual accelerated technology engine. It is easy to use software and is designed to

simply complex day to day activities associated in an enterprise. Tally provides

comprehensive solution around accounting principles, inventory and data integrity. Tally
also has feature encompassing global business. Tally software comes with easy to use

interface thus making it operationally simple.

Tally accounting software provides a solution around inventory management, stock

management, invoicing, purchase order management, discounting, stock valuation

methodology, etc.

Tally accounting software also comes with drill down options, which can track every

detail of transaction. It helps in maintaining simple classification of accounts, general

ledger, accounts receivable and payable, bank reconciliation, etc.

The technology employed by tally makes data reliable and secure. Tally software

supports all the major types of file transfer protocols. This helps in connecting files

across multiple office locations.

Tally accounting software is capable of undertaking financial analysis and financial

management. It provides information around receivables turnover, cash flow statement,

activity consolidation and even branch accounting.

Tally accounts software provides options for simple stock and inventory maintenance.

There are many modules, which have been exclusively designed to provide stock management

feature such as purchases order, invoicing, stock query and multiple stock evaluation. The forms also

provide flexibility to have multiple units in measurement.

It supports various protocols in its web feature and you can transfer data through HTTP,

HTTPS, ODBC, SMTP, FTP or other mode of data transmission. The data can be formatted in

XML and HTML format. The latest version of Tally accounting software also supports SOAP

and SDF data formatting to promote its interoperability with the windows net technology.
It is one of the best accounting software for multi user environment and it can be installed

through LAN set up. It allows multi directory set up and web enabled publishing of financial

reports. The graphical analysis and reports of it can be easily published through internet and there

are many options in accounting reports in Tally.

Procedure for creating company in Tally

 Double click on Tally icon on desktop. Alt+F3 Company info-Create company.

Accounts Only: To maintain only the financial accounts of the company. Inventory

(stock) management is not involved in it.

Account with Inventory: This is the default option, which allows maintaining both the

financial account of the company as well as the inventory of the company.

Select Company: We can choose the company which is already created. Shortcut key -

F1.

Shut Company: It is used to close the company which is opened. Shortcut key - Alt+F1.

Alter:  It is used to make alterations in the company creation like name, date, maintain

etc.

Quit:  Exits from Tally.

1. Click on quit button.

2. Esc, Esc, Esc and enter

3. Ctrl+Q

Short cut keys

Function key combination

Windows Functionalit Availability

y
F1 To select a At all masters menu screen

company
F1 To select the At the Accounting Voucher creation and Alteration

Accounts screen

Button
F1 (ALT+F To select the At the Inventory/Payroll Voucher creation and

1) Inventory alteration screen

In almost all the Reports

To view the

detailed or

condensed

report
F1 (CTRL To open At the Accounting/Inventory voucher creation or

+ F1) Payroll alteration screen.

Vouchers to

alter
F2 To change At almost all screens in TALLY.ERP 9

the current
 date
At the F11: Features screen

To select

company

inventory

features
F3 To select the At almost all screens in TALLY.ERP 9

company
At F11: Features screen

To select

Company

Statutory &

Taxation

features
F4 To open At Accounting / Inventory Voucher creation and

Contra alteration screen

voucher
F5 To open At Accounting / Inventory Voucher creation and

Payment alteration screen

voucher
F6 To open At Accounting / Inventory Voucher creation and

Receipt alteration screen

voucher
F7 To open At Accounting / Inventory Voucher creation and

Journal alteration screen

voucher
F8 To open At Accounting / Inventory Voucher creation and
 Sales alteration screen

voucher
F8 To open At Accounting / Inventory Voucher creation and

(CTRL+F8) Credit Note alteration screen

voucher
F9 To open At Accounting / Inventory Voucher creation and

Purchase alteration screen

voucher
F9 To open At Accounting / Inventory Voucher creation and

(CTRL+F9) Debit Note alteration screen

voucher
F10 To open At Accounting / Inventory Voucher creation and

Reversing alteration screen

Journal

voucher
F10 (Ctrl + To open At Accounting / Inventory / Payroll Voucher

F10) Memorandu creation and alteration screen

m voucher
F11 To select the At almost all screens in TALLY.ERP 9

Functions

and Features

screen
F12 To open At almost all screens in TALLY.ERP 9

Configure

screen

 Special key combination

 Windows Functionality Availability
ALT + 2 To Duplicate a voucher At List of Vouchers – creates a voucher

similar to the one where you positioned

the cursor and used this key combination

ALT + A To Add a voucher At List of Vouchers – adds a voucher

after the one where you positioned the

 
cursor and used this key combination.

To Alter the column in

Alters the column in all the reports
columnar report
which can be viewed in columnar format
ALT + C To create a master at a At voucher entry and alteration screens,

voucher screen (if it has at a field where you have to select a

not been already master from a list. If the necessary

assigned a different account has not been created already, use

function, as in reports this key combination to create the master

like Balance Sheet, without quitting from the voucher

where it adds a new screen.

column to the report)

 

 
At all voucher entry screens in the

To access Auto Value Amount field

Calculator in the amount

field during voucher

entry
ALT + D To delete a voucher At Voucher and Master (Single)
 alteration screens. Masters can be
To delete a master
deleted subject to conditions, as

To delete a column in explained in the manual.

any columnar report

All the reports screen which can be

(if it has not been viewed in columnar format

already assigned a

different function, as

explained above)
ALT + E To export the report in At all reports screens in TALLY.ERP 9

ASCII, Excel, HTML

OR XML format
ALT + I To insert a voucher At List of Vouchers – inserts a voucher

before the one where you positioned the

 
cursor and used this key combination.

To toggle between Item

At creation of sales and purchase invoice
and Accounting invoice
ALT + G To select the Language At almost all screens in TALLY.ERP 9

Configuration
ALT + K To select the Keyboard At almost all screens in TALLY.ERP 9

Configuration
ALT + O To upload the report at At all reports screens in TALLY.ERP 9

your website
ALT + G To select language for At almost all screens of TALLY.ERP 9

TALLY.ERP 9 Interface
ALT + M To Email the report At all reports screens in TALLY.ERP 9
ALT + N To view the report in At all the reports where columns can be
 automatic columns added
ALT + P To print the report At all reports screens in TALLY.ERP 9
ALT + R To repeat the narration in At all Vouchers in TALLY.ERP 9

different voucher type

ALT + S To bring back a line you At all reports screens in TALLY.ERP 9

removed using ALT + R

ALT + U To retrieve the last line At all reports screens in TALLY.ERP 9

which is deleted using

Alt + R
ALT+ V From Invoice screen to At Invoice screen > Quantity Field >

bring Stock Journal Press Alt + V to select the Stock Journal.

screen
ALT + X To cancel a voucher in At all voucher screens in TALLY.ERP 9

Day Book/List of

Vouchers
ALT + R To repeat the narration in At almost all screens in TALLY.ERP 9.

different voucher type

CTRL + A To accept a form – At almost all screens in TALLY.ERP 9,

wherever you use this except where a specific detail has to be

key combination, that given before accepting

screen or report gets

accepted as it is
CTRL + B To select the Budget At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/

Currencies (Accounts Info) creation and

alteration screen
CTRL + To check the Company At all the menu screens
ALT + B Statutory details
CTRL + C To select the Cost Centre At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/
 
Currencies (Accounts Info) creation and

To select the Cost alteration screen

Category
At Stock Groups/ Stock Categories/

Stock Items/ Reorder Levels/ Godowns/

Voucher Types / Units of Measure

( Inventory Info)  creation/alteration

screen
CTRL+ E To select the Currencies At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/

Currencies (Accounts Info) creation and

alteration screen
CTRL + G To select the Group At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/

Currencies (Accounts Info) creation and

alteration screen
CTRL + H To view the Support At Almost all screens in TALLY.ERP 9

Centre
CTRL + I To select the Stock Items At Stock Group/ Stock Categories/ Stock

Items/ Reorder Levels/ Godowns/

Voucher Types / Units of Measure

( Inventory Info)  creation/alteration

screen
Ctrl + Alt + I To import statutory At all menu screens

masters
CTRL + K To Login as Remote At Almost all screens in TALLY.ERP 9

Tally.NET User
CTRL + L To select the Ledger At Groups/Ledgers/Cost Centres/

Budgets/Scenarios/Voucher Types/
 
Currencies (Accounts Info) creation and

To mark a Voucher as alteration screen

Optional
At the creation and alteration of

Vouchers
CTRL + O To select the Godowns At Stock Group/ Stock Categories/ Stock

Items/ Reorder Levels/ Godowns/

Voucher Types / Units of Measure

( Inventory Info)  creation/alteration

screen
CTRL + Q To abandon a form – At almost all screens in TALLY.ERP 9.

wherever you use this

key combination, it quits

that screen without

making any changes to

it.
CTRL + R To repeat narration in the At creation/alteration of voucher screen

same voucher type

CTRL + Alt Rewrite data for a From Gateway of Tally screen

+R Company
CTRL + S Allows you to alter At Stock Voucher Report and Godown
 Stock Item master Voucher Report
CTRL + U To select the Units At Stock Groups/ Stock Categories/

Stock Items/ Reorder Levels/ Godowns/

Voucher Types / Units of Measure

( Inventory Info)  creation/alteration

screen
CTRL + V To select the Voucher At Groups/Ledgers/Cost Centres/

Types Budgets/Scenarios/Voucher Types/

Currencies (Accounts Info) creation and

 
alteration screen

To toggle between
At creation of Sales/Purchase Voucher
Invoice and Voucher
screen
CTRL + K To login to Control At almost all screens of TALLY.ERP 9

Centre
CTRL + H To access Support At almost all screens of TALLY.ERP 9

Centre. Wherein you can

 
directly post your

queries on the functional

and technical aspects of

Tally.ERP9, Shoper and

Tally.Developer.
Alt + Enter To view the Voucher At Day Book and almost all Voucher

display Reports
Alt + S To view Stock Query At all Voucher Creation and Alteration

report screens where inventory is applicable

 except Contra, Reversing Journal,

Memorandum and Physical Stock

Voucher
Alt + Z To zoom in to the print At all print preview screens that appear

preview to 100% screen on pressing Alt+P with the

option I: With Preview enabled
+ To zoom in to the print At all print preview screens that appear

preview after pressing Alt+Z

- To zoom out of the print At all print preview screens that appear

preview after pressing Alt+Z

CTRL + To zoom in to the print At all print preview screens that appear

Scroll wheel preview after pressing Alt+Z

(Mouse

Wheel)
SHIFT + To scroll horizontally - At all print preview screens that appear

Scroll wheel left to right or right to after pressing Alt+Z

(Mouse left

Wheel)

SHIFT +

Right or Left

arrow

Special Function Key Combination

Windows Functionality Availability

ALT + F1 To close a company At all menu screens
 To view detailed report At almost all report screens

To explode a line into At almost all screens in TALLY.ERP 9

its details
At the Inventory/ Payroll voucher

To open Inventory creation or alteration screen.

vouchers to alter
ALT + F2 To change the period At almost all screens in TALLY.ERP 9
ALT + F3 To select the company At Gateway of Tally screen

info menu

To create/alter/shut a

Company
ALT + F4 To open the Purchase At Accounting / Inventory Voucher

Order Voucher Type creation and alteration screens

ALT + F5 To open the Sales At Accounting / Inventory Voucher

Order Voucher Type creation and alteration screens

To view monthly and At almost all report screens in

quarterly report TALLY.ERP 9

ALT + F6 To open the Rejection At Accounting / Inventory Voucher

Out Voucher Type creation and alteration screens

To open the Sales

Order Voucher Type

ALT + F7 To open the Stock At Accounting / Inventory Voucher

Journal Voucher Type creation and alteration screens

 To accept all the Audit At Tally Audit Listing screen

lists
ALT + F8 To open the Delivery At Accounting / Inventory Voucher

Note Voucher Type creation and alteration screens

To view the Columnar At Ledger Voucher screen

report
ALT + F9 To open the Receipt At Accounting / Inventory Voucher

Note Voucher Type creation and alteration screens

ALT + F10 To open the Physical At Accounting / Inventory Voucher

Stock Voucher Type creation and alteration screens

ALT + F12 To filter the At almost all report screens

information based on

monetary value
CTRLl + F1 To open payroll At the Accounting/Inventory Voucher

vouchers for alteration creation or alteration screen

CTRL + ALT Advanced At Gateway of Tally

+ F12 Configuration
SPACE To select the line to At almost all report screens

delete/hide
CTRL + To select all the line at At almost all report screens

SPACE one instance to

delete/hide
CTRL + ALT+ To select all the line at At almost all report screens

A one instance to

delete/hide

Key Combination Used for Navigation

 Windows Functionality Availability
PgUp Display previous voucher At voucher entry and alteration

during voucher entry/alter screens

PgDn Display next voucher At voucher entry and alteration

during voucher entry/alter screens

ENTER To accept anything you You have to use this key at most

type into a field. areas in TALLY.ERP 9

To accept a voucher or At the receivables report – press

master Enter at a pending bill to get

transactions relating to this bill (e.g.,

To get a report with
original sale bill, receipts and
further details of an item
payments against this bill, etc)
in a report
ESC To remove what you typed At almost all screens in TALLY.ERP

into a field 9

To come out of a screen

To indicate you do not

want to accept a voucher

or master
SHIFT + Collapse next level details At Voucher Register screen and Trial

ENTER Balance report

SHIFT + To explode a line into its In almost all Reports:

ENTER details
At a Group/Stock Group/Cost

Category/Godowns /Stock Category –

 displays Sub Groups and

Ledgers/Stock Items/Cost

Centres/Secondary

Godowns/Secondary Stock

Categories

At a Voucher – displays its entries

and narration

At a Stock Item- displays its godowns

and batch details

At Voucher Register screen –

displays the next level details

At Trial Balance report - displays the

next level details

CTRL + To alter a master while At voucher entry and alteration

ENTER making an entry or screens

viewing a report
At all reports
ADVANTAGES OF TALLY:
1. Good speed and reliability:-

It runs very fast at low configured system also. More than 70% of small businesses run this

accounting software. It shows its reliability and quality.

2. Simple to use and operate:-

It is very easy to use Tally accounting software and it can be used to increase productivity of an

organization. When it was launched as a desktop version, many buyers were attracted towards the

simplicity and ease of use of the software. Users of Tally are accustomed to its procedures and

the latest version of it has maintained its previous features.

3. Tally 9 is featured for multi lingual platform and object oriented database:-

Tally's support for the high power database, enables it to be used on multi user platform and make

easy transactions at multi user levels. The upgradation in this software has enabled it to move

from desktop to multi user environment. The capacity of database has also increased.

4. Complete business support:-

There are many features of Tally, which makes it very strong software for supporting a

business organization. The dynamic reports and MIS of Tally gives complete opportunity to

view every aspect of the business. You can have amazing control over the data synchronization

and multi-lingual features. It's operation does not require much expertise in software handling
and the buyers can get reports as per their needs without getting into the complexities of the

software. Tally accounting software can allow transactions across various geographical areas.

5. Navigation is easy:-

In Tally the module and forms can be viewed through drill down display, where you can track

the link between different modules and get the exact picture of data flow. In the accounting module,

you find the feature for general ledger, accounts receivable, accounts payable, bank operations and

other functions.

DISADVANTAGES OF TALLY:

1. Online payment:-

This software is not useful to make an online payment to any party and online payment of tax.

2. Tax form:-

This software not useful to file any tax form in online it is not useful to create the tax form in this

software it want to export the information and than use that information to fill the form.

3.Less audit features:-

Tally accounting software is have the less feature for auditor to make an audit of that company

there is not any path for auditor to make an audit of that business directly.

4. Basic accounting knowledge and training:-

The user of this software is mostly want the basic accounting knowledge to make entry in

accurate book of account if he fail to select correct book than he made a wrong his book of account

and that will be affect his business. With the basic accounting knowledge he also want the training

of that software to understand how he use that software to maintain the record his entry.

5. No customization:-

User of this software not have power to customize this software they not make any change in this
software when user purchase this software that time he just select the version he want to use that

version build only that much information which he can made they can not customize that

information which they want.

3. BUSY

The accounting software Busy founded in 17th September 1990 in India by a group of

computer professionals with the primary objective of providing professional IT services

including thifd-party maintenance of personal computer and peripherals, customized

software solutions and turnkey, IT projects. Busy Infotech Pvt. Ltd. is focus in development

and kareting of business accounting software under the trademark of Busy, which was hitherto

being undertaken as software division of digitroncs.

Busy is sold and supported all over the country through an ever increasing network of

Channel partners. More and more computer training institutes are also taking up Busy to teach

computerized accounting. This software is installation base of over 60000 including the

prestigious ones like World Bank, India International centre, All India management

Association, Amity Business school, LG Chemicals, Asian Paints, Plaza cables, Archana

Airways etc.

FEAATURES OF BUSY :

1. Multi-location Inventory Management:-

Busy is useful to make a multi-location inventory management. When the business man have his

office in different area that time also he can maintain his main inventory record by using this

software.
2. User friendly:-

This software is very easy to use it is a very user friendly software because it is give the

different options for every function provided by this software.

3. Excise base report creating:-

This software create the report in excise base that's why it is useful to make an analysis and also to

transfer it other person.

4. Sale and Purchase Analysis:-

Busy software also provide the information of purchase and sale analysis which is useful to

understand the trading made by the business and also how much they want to do in business. It is

also useful to make the comparison with past records.

5. Direct E-mail / SMS facility:-

This software provide the direct e-mail or SMS facility to send massage to related person

with proper record of massage and canformation of massage sending.

ADVANTAGES

1. Simple to use and operate:

It is very easy to use Busy accounting software and it can be used to increase productivity of an

organization. When it was launched as a desktop version, many buyers were attracted towards the

simplicity and ease of use of the software. Users of Busy are accustomed to its procedures and the

latest version of it has maintained its previous features.

2. Complete business support:

There are many features of busy, which makes it very strong software for supporting a

business organization. The dynamic reports and MIS of busy gives complete opportunity to
view every aspect of the business. You can have amazing control over the data synchronization

and multi-lingual features. It's operation does not require much expertise in software handling

and the buyers can get reports as per their needs without getting into the complexities of the software.

Busy accounting software can allow transactions across various geographical areas

3. Promotes business development:

Business areas improved through use of this accounting software in sales, inventory

management, merchant accounts, budget, asset management, taxation and payroll. Some

accounting software even provide legal services and important dates are flashed to remind of the

priorities in a day.

4. To get easy and fast reports:

Each and every data entry gets updated in the software and you can get reports of every week, month,

quarter or year in minutes.

5. Easy to use and handle:

You can conduct every day business transactions through your accounting software and you

may even make payment online through the software to your clients or you can even receive

payment through online transaction.

DISADVANTAGES

1. User rights and permissions may create difficulties:-

The need and rights of various users is different and if the user rights are not defined at each level or

if users exchange their jobs for a day, the software has to define the changed rights, which is done by

an administrator. In such cases, until the changes are made the other user will find it

impossible to work, which means the other employee has no work until his rights are defined for the

day. The user's rights and the concept of reporting are difficult for technology to implement. In many

cases, manual reporting is considered better than automatic.

2. No customization:-

This software can not make customization which want the user. This software provide only that

much function which installed under it. The user not make customize this software in which he want.

3. Small and medium scale business only:-

This software is useful to small scale and medium scale business it is not useful as much want the

large scale business. But now days it is useful in large scale business also.

4.User training:-

The user of Busy want to take the training of how he use this software without training he not

operate this software comfortably. The Busy company provide the training station to users or

there are some computer institute which give training of how use this software.

To compare the accounting software I selected three different accounting software which

are useful in all type of business organization. Firstly I had collected the historical background of
these software and also the features, functions, advantages, and disadvantages of these accounting

software. This information is very useful because every business man look these things when he

select and accounting software. This information was also useful to compare this software with

each other's and to make an analysis of this software.

This is very important part of this project to make an analysis on this software. For this purpose I

had created a simple questionnaire for the user of this accounting software. For this purpose I

had visited fifty different business owners to find out which accounting software they use and

how they take benefit of that software. I ask them the question to analyses this things from their

point of view.

1. The following table show the user of accounting software

ACCOUNTING SOFTWARE USER (DIVIDED IN 50 USERS)

S.A.P 11

TALLY 32

BUSY 6

OTHERS 1

Table no.1
 users

2%
12% 22% S.A.P
TALLY
BUSY
OTHERS

64%

Fig. no. 1

The user of Tally accounting software is much more than other accounting software. This

software user is in small scale and also the medium scale business. The user of S.A.P. accounting

software is lower than Tally users. S.A.P software is found in large scale business only. Busy

accounting software users are very less than both of this accounting software. This is mostly

use in small scale and medium scale business.

2. Suggestion of software:-

When question arise that who had suggest you this software? So the answer was, 60% users use

this software because of the Chartered Accountant of that related firm. 20% users consulted

with software dealer they understand the functions of that software which given under it and that

function is satisfied that owner. 12% of owner makes the search of different accounting software

compare that all selected software and then selected the accurate accounting software for their

business. And remaining 8% owner select the software on suggestion of their related people and

co business
partners
 USERS IN PERCENTAGE(%)

70

60

50

40

30

20

10

0 USERS IN %
CA DEALERS OWNERS OTHERS

Fig no. 2

This chart shows the impact of other person thinking on use of business accounting.

3. Year of using the same software:-

Some user were using the software when they had started theirbusiness from that time they

are using only that software they have not selected any updated version of that related software

because they have become expert in the related software and all function of the software.
People have become so expert that they don't select any other software to create any confusion in

their mind. But there are some users who are interested in using the latest versions of the

software. They like to use the function performed by related software to increase the

productivity of business. The following chart show the user of accounting software's and have not

changed the software. And they use accounting software and also interested in changing the software

by selecting the upgraded software and any other software.

USER OF SAME SOFTWARE USER USE DIFFERENT SOFTWARE

70% 30%

Table no. 2

USER OF SOFTWARE
80

70

60

50

40

30

20

10

0
USER OF SAME SOFTWARE USER USES DIFFERENT SOFTWARE

USER OF SOFTWARE

Fig no. 3
In this chart the user of same accounting software is more than that user who wants to change the

accounting software. But some software are required to upgrade every year.

This mainly happen in large scale industry but this upgrade does not change the format which user use

to maintain his record. Upgrade is done for some specific function attach with it. For e.g.:- Tax

changes every year hence changes are to be done accordingly .In case if it's not done then

the software works with the old information as the new information is not been uploaded or

upgraded.

4. Advantages of software:-

Every software has some different things or quality which impresses the user and makes him to use

that software. Such as the tally users said "this software is easy to use and give the best result every time"

the S.A.P. user said "this software is so fast and make them interconnect with each other to make our

work accurate and useful to take the correct decision of business related." The user of Busy accounting

software said "this software give some interesting features which is not given in other software."

Every user said these things which attract them to use that software. And find these software very

useful and advantages as it also reduces the cost and save the space of storing files and registers and every

data is been saved in these software and it is also very easy to get information any time when required .

5. Comparison of software:-

When the question was asked to compare the accounting software with other software. 40%

owner did not want to compare their software with other software they just want to continue
with their old software. 52% owners like to make a comparison of two different accounting

software. They think every day there is some development in new technology and they would like to

adopt that technology to increase their business growth .So they compared the software because

they are useful for them. But the 8% owner were confused while comparison of different

accounting software because they think that if they change the software, It can create some

confusion in their mind and also they did not want to face any problem generated in front of

them.

USER USER IN PERCENTAGE (%)

NO COMPARISION 40%

LIKE TO MAKE COMPARISION 52%

CONFUSE TO MAKE COMPARISION 8%

Table no. 3
 Series 1
60

50

40

30

20

10

0
No comparision Like to make comparision Confuse to make comparision

Series 1

Fig no.4

The above chart show the difference when a user has the power to compare his accounting

software. Here the user like to make comparison is more than the other user who not like to make a

comparison.

6. Satisfaction of owner:-

There is 95% owner satisfied by using software installed in their business because this

software give them all relevant data or information which they want from that software. But

5% owner are not satisfied with their software as they expect more from these software and they
don't use any upgraded software to fulfill their requirement .hence they are not satisfied .

SATISFIED OWNER 95
NOT SATISFIED OWNER 5
Table no. 4

satisfaction of owners

Satisfied owners Not satisfied owners

Fig no. 5

On the basis of this chart the satisfied owner is more than the other unsatisfied owner by using the

selected accounting software in his business.

7. Trainings of software:-

The user of Tally and Busy accounting software require the basic training of the software if

they learn the basic training than they can handle this software very easily. And they learn

automatically how to use this software. But in user of S.A.P. requires training

compulsorily without training they cannot use this software. For this purpose the dealer of the

company make a training station for worker .Where proper knowledge and training regarding the

software is been given.

8. Online filing of tax:-

Tally accounting software is not useful to make an online filing of document which wants to

be filed with tax department. Busy accounting software is liable to make an online filing of tax

and S.A.P. is also liable to make online tax filing.

9. Change in accounting software:-

The sole owner not likes to change the accounting software which they already use in business.

There are fewer people who like to change the accounting software.
 Chapter 4

SUMMARY AND CONCLUSION

On the basis of the above research and analysis I come on the conclusion that every

accounting software make an important part in business and the function which are

performed by the software is also arranged by the companies who made this software is good

and they think on every business man which they want and which not. Firstly when any owner

starts his business he wants to take a decision to select the accounting software which is useful for

his business. Some accounting software company give the facility to customize the

accounting software in owner point of view but the cost of customization is much more than

selecting the any other software. It is also depending upon the owners on how much big business he

has. If there is a small scale business than they have so much potion to select the software such as

Tally, Busy etc. if there is medium or large scale business than they can use any of this software

such as S.A.P., Tally, Busy etc. because now days this accounting software provide the good service to

each and every type of business.

The following guidance to the owner when they select the software

1. Make a need analysis and define your budget. First you should make a wish list, where you can

mention the needs of your organization and you can define your budget. You can get a wide range

of choices in your limited budget and you can even buy expensive highly featured accounting

packages to meet your future business needs.

2. If you are not expert in accounts practices, you should contact an accountant, who tells you

about the main features of the package, which should be present in an accounting package to

meet your business requirements. You may even contact a consultant to get accurate reviews of

various software packages.

3. There are many types of accounting software available in market and if you own a small

business, you should buy accounting package that provides solution for small businesses

but main features such as bookkeeping or record creations, should be done at a high speed. If

your

organization has small units at many geographical locations, you may need web enabled software.

4. There are solutions, which provides add-on features to allow specialized data entry and

some accounting software provides additional modules such as inventory or insurance at a

limited cost.

5. If you need a large database, then you should buy the accounting software, which can keep

huge records and you shouldn't buy cheap accounting solution, which may require

replacement in a few years.

6. If your business requires multiple entries at one time, you may need t h e accounting

software, which allows multi user entries.

7. Search f o r value added se rvice s in your b u d g e t.

8. You can buy industry specific accounting software and you can search on internet to

know about various software packages.

9. You should buy reliable accounting software that has many years of experience or has a steady

client base.

10. You can talk to your business partners and consultants to decide about the features of your

accounting package. You can search for software that fulfils basic needs of your organization at a low

price. You can get many low cost robust accounting systems, which fulfils your basic

requirements.

11. You can even buy accounting software-as-a-solution (SaaS)to get immediate and less

expensive solution. SaaS provides solutions at a low price, where you can prevent expenses on
buying new hardware or hiring technically proficient support staff.

TABULAR COMPARISION BETWEEN TALLY AND S.A.P

Basis Tally SAP

A trade name used in context of A trade name used in context of

products by Tally Solutions Pvt Ltd, a products by SAP, which is a

Company Bangalore based company Germany based company

 Offers a range of products. Five

enterprise applications of SAP

business suite includes –

Customer Relationship

Management

Ta Tally.ERP 9 Supply Chain

Tally. Developer 9 Management

Shoper 9 Supplier Relationship

Products Tally. Server 9 Management

Concurrent Multilingual User Friendly

Capability Short response time

Payroll The modules are

POS Invoicing completely connected

Unlimited Companies Scalable

Data Synchronization Data can be entered

Consolidation of Companies without any complexity

ERP Enhanced Performance Control functions keep a

Advantages Enhanced Stability watch on errors

Comparatively more. Easy to learn

and generally does not require any Comparatively less. Requires

User friendly professional training professional guidance and training

Third party

software

support Comparatively low Comparatively very high

Best suitable Small to medium scale businesses Large scale businesses
for

BUSY ACCOUNTING SOFTWARE VS TALLY:

BUSY is a business accounting software used by Micro, Small and Medium businesses

worldwide.  With over 1,00,000 installations (over 5 Lac Users) worldwide, BUSY is one

of the leading accounting Software in India.

Busy Or Tally Some of the things you need to know before making a choice between

busy and Tally.

Modules which are Better in Busy

S.No. Features Remarks
A C C O U N T I N G      R E P O R T S
1 Account Ledger Provision of Horizontal formats/ Slip formats in
 account ledgers
2 Auto Round Off in Not available in Tally ( help in smooth accounting &

vouchers taxation for e.g. total amt 98.98 rounded to 99 )

3 Bank Interest Interest Calculate after Reconciliation
4 Bank Reconciliation It is much better than tally with both option

Uncleared, Cleared & All Entries

5 Book Number in Provision has been provided for automatic/ manual

vouchers numbering. you can fix no. of vouchers in a book also

6 Broker wise Receivable Help in Broker wise outstanding

BIBLIOGRAPHY

Websites

Wikipedia, the free encyclopaedia

http://www.cubit.co.za/

http://www.SAP.com

http://www.tallysolutions.com
http://www.busy.in

http://www.nickmutt.com/