User:Althamash vv/sandbox

History of Tally Solution in India

 * During the early days of India's software technology when many of the new programs started to produce many different changes, in 1986 a financial accounting software service made a big impact In the business world. The company owner of this software service after having a big fire disaster in their cotton factory started their business in raw materials and machine parts in southern and eastern India. Shyam Sundar, the company owner, had some difficulties with his finances, so his 23-year-old son Bharat Goenka built a financial handling software to help him. The software that was built was called Peutronics Financial Accountant which at present is said as Tally solution.


 * As soon as Shyam Sundar began the sale process, he found a huge unknown buyer without using his high own social networks and its growth took a tremendous change. The company which was officially headquartered in Bangalore, Karnataka started expanding its software in different parts of India. With higher insight from Mr. Sundar, the company expanded to three major cities: Mumbai, Delhi, and Kolkata. The company began its international venture and opened an office in London.
 * Shyam Sundar died in 2002, and his son Bharat Goenka, the principal architect of the software, took over the business. As a result of the same ambition as his father, the company grew with the same flow.


 * in 2006 Tally introduced its multilingual version which Users from different geographical locations can view and print the same reports when they like, in their familiar languages. After 3 years the company builds its Big updates till now the version was called tally ERP9. This version was used as the business management tool. Tally ERP 9 also help to integrate other business application.


 * To increase their business opportunity tally introduced their channel partner 'Vriddhi'.Vriddhi not only help to build new partners but also helped the old partner in Business areas. As of 2016, the company reached 1 million users.


 * In 2020, tally introduced tally prime which is business management software that's accurate for both small and medium business management users. Tally prime features are completely new look and feel but are very familiar to tally ERP 9 which is an older version. Including the older features tally prime is used for invoicing and accounting, inventory management, GST taxation, Access to Business Data, Online, Banking, Multi-task Capabilities, and Credit and Cash Flow Management with a more secure system.