Tally Solutions is an Indian multinational

technology company A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and ...

that provides

enterprise resource planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suit ...

software. It is headquartered in

Bangalore Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...

History

Tally Solutions was co-founded in 1986 by

Shyam Sunder Goenka Shyam Sunder Goenka was an Indian entrepreneur, who founded Bangalore-based Tally Solutions, one of India's first software product companies. Early life and background He was born on 15 October 1932 in Kolkata in a Marwari family to parents ...

and his son Bharat Goenka after the family's cotton business was destroyed by fire. It began as Peutronics Financial Accountant, an accounting software application. The company was incorporated in 1991 and was renamed Tally Solutions in 1999. Shyam Sundar Goenka was running a company that supplied raw materials and machine parts to plants and textile mills in southern and eastern India. Unable to find software that could manage his books of accounts, he asked his son, Bharat Goenka, 23, a Maths graduate to create a software application that would handle financial accounts for his business. The first version of the accounting software was launched as an MS-DOS application. It had only basic accounting functions, and was named Peutronics Financial Accountant. In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9. In 2009, the company released Tally.ERP 9, a business management solution In 2015, the company launched a program called Vriddhi to certify and classify its business partners. Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features. In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software. In 2020, the company released TallyPrime. In 2022, they introduced TallyPrime Edit Log.

Products and services

Tally Solutions sells enterprise resource software and business management software to SMEs (small and medium-sized business enterprises). The company's flagship product, Tally.ERP 9, was replaced by TallyPrime in 2020. In 2022, they worked with more than 28,000 partners. Tally Solutions has collaborated with Amazon Web Services to make TallyPrime available on the AWS. It was launched in December 2021. Products also include Shoper 9, which is a retail management software.

References

External links

*{{Official website, www.tallysolutions.com Companies based in Bengaluru Software companies of India ERP software companies Indian brands Software companies established in 1986 Indian companies established in 1986 1986 establishments in Karnataka Accounting software