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A Comprehensive Guide To Using Tally On A Shared Cloud

Today's highly competitive market is dominated by technology, which makes business operations easier than ever. Businesses today employ customised softwares for most of their processes, automating them for easier workflow. They are always looking for apps and softwares that can further streamline their process. This is where they have to deal with the challenge of choosing cloud accounting software, which is crucial to working on organisations’ finances. Typically, businesses turn to Tally, which happens to be reliable accounting software.  You have to take into consideration that Tally on the cloud has positively led the market. This allows businesses to access their data remotely from anywhere. When you purchase cloud services that stand out, you can access your company data through [...]

By |2022-11-30T05:17:21+00:00November 29th, 2022|Finances, Softwares, Tally Cloud, Tally features, Tallyprime|Comments Off on A Comprehensive Guide To Using Tally On A Shared Cloud

What’s New in TallyPrime 2.1

Tally systems are constantly updating and upgrading themselves to stay relevant and useful with the changing business scenarios. Continuous additions of new features as well as 100% statutory compliance of Tally has made it one of the most widely used software for accounting in India. In TallyPrime’s latest version i.e. TallyPrime 2.1, the software has once again kept itself at par with all statutory requirements of businesses. Two of the newly introduced features include - the Edit Log (also referred to as the Audit trail) and Digital Signature. Both the features will ensure that the data integrity and maximum data accuracy are maintained. The major product improvements in TallyPrime 2.1 will make the user journey more seamless. In this article, [...]

By |2022-10-29T10:50:00+00:00July 5th, 2022|Business, Finances, Softwares, Tally Latest Release, Tallyprime, Technology|Comments Off on What’s New in TallyPrime 2.1

5 Key Benefits of ERP for Accounting & Financial Management

Enterprise resource planning (ERP) system is the backbone of all organisations, and accounting software is the cornerstone of ERP. ERP for accounting creates a single source of financial data accessible across departments and multiple business units. It integrates finance and accounting, inventory management, project management, customer relationship management, human resources, etc. ERP software, such as TallyPrime, also helps an organisation achieve greater visibility into its finances, enabling them to make better decisions that drive business growth. Key Benefits of ERP for Accounting and Financial Management 1. Improves Workflow The first key benefit of ERP software is improved workflow. By improving how you manage tasks, do calculations (particularly asset tracking), and other business functions, ERP systems for accounting can help streamline [...]

By |2022-06-08T12:04:09+00:00June 7th, 2022|Business, Finances, GST, Softwares|Comments Off on 5 Key Benefits of ERP for Accounting & Financial Management

How To Choose the Right Cloud Accounting Service Provider?

Choosing a cloud accounting software can be a hard nut to crack for small businesses. Small business owners often choose to steer clear of adopting the cloud technology as they feel a cloud environment is only suitable for large businesses with tons of data. However, this is simply untrue! There are various benefits of cloud accounting, and it can be used by anyone, irrespective of their business size. Most importantly, cloud technology gives you the freedom to work from anywhere, at any time. And such flexibility is something every business requires in this day and age. A. What is Cloud Accounting? What is Tally on Cloud? Cloud accounting is a virtual accounting system connected to the internet and can be [...]

By |2022-05-03T05:16:54+00:00May 2nd, 2022|Accounting, Business, Finances|Comments Off on How To Choose the Right Cloud Accounting Service Provider?

Tips for Choosing the Best Billing and Invoice Software

Handling billing and invoice may not be the most exciting components of running a business, but they are pivotal for the success of an organisation. Streamlining the billing and invoice processes will ensure the payments are received on time. You would also be able to keep tabs and follow up efficiently. Plus, it would help with accurate archiving of invoices & bills issued and received. Choosing the right billing and invoice software will help you achieve all these and more. Thus, here are some tips that will help organisations to find the best invoicing and billing software that fits all their business requirements. Tips to Choose the Best Billing and Invoice Software 1. Know Your Requirements: The first thing you [...]

By |2022-04-08T05:51:52+00:00April 7th, 2022|Business, Finances, Softwares, Technology, Uncategorized|Comments Off on Tips for Choosing the Best Billing and Invoice Software

Top Accounting Trends for 2022 That Businesses Should Know

Accounting is a systematic recording of business financial statements or transactions on a day-to-day basis. The accounting process includes analysing, summarising, interpreting, and reporting financial information. Accounting can be done by an individual or team depending upon the size of the business. It plays a vital role in running a business as it helps track incomes and expenditures while ensuring statutory compliance. Accounting also provides the necessary quantitative financial information to investors, management, and the government, which can be used as a base while making business decisions. While accounting has contributed to the efficient running of the business, the recent developments in accounting have made it necessary for businesses to use several accounting tools and adapt to new accounting trends. [...]

By |2022-03-03T06:21:00+00:00March 3rd, 2022|Business, Finances, Technology|Comments Off on Top Accounting Trends for 2022 That Businesses Should Know

Audit Trail in TallyPrime: Why is it Important in Accounting?

Audit Trails help maintain the integrity of a transaction by documenting all business transactions. It helps ensure businesses practice fair transactions throughout the financial year and beyond. In TallyPrime, there is an in-built feature for Tally Audit. This feature makes it easy for auditors to track changes made to the ledger master, date and amounts recorded in the voucher. In short, the audit trail in TallyPrime makes the financial evaluation process much more seamless and effective. A. What is an Audit Trail? An audit trail is a collection of records documenting every step in a business transaction, including invoices issued for payments or sales contracts revenue. It helps business owners determine and evaluate financial performances, find out bottlenecks (if any), [...]

By |2022-02-17T12:40:30+00:00February 9th, 2022|Business, Finances, Softwares, Technology|Comments Off on Audit Trail in TallyPrime: Why is it Important in Accounting?

Business Reports in TallyPrime: Why Are They Important?

When it comes to financial planning, Business Reports play a vital role. They help provide a 360° view of an organisation’s financial health, thereby enabling the stakeholders to make better decisions that lead to improvements and growth. With TallyPrime, you can generate 400+ business reports. This makes it easy to overview all business insights from a centralised platform. The ‘GoTo’ search bar, which is the new feature of TallyPrime, makes navigation from one report to another simple. In addition, you can customise different reports in TallyPrime to suit your needs. Below we’ll look at the importance of business reports and check out the various business reports in TallyPrime. A. What is the Importance of Business Reports? As mentioned above, Business [...]

By |2022-12-28T11:58:40+00:00January 6th, 2022|Business, Finances|Comments Off on Business Reports in TallyPrime: Why Are They Important?

TallyPrime Shortcut Keys That Everyone Should Know

As a business management software, TallyPrime makes it easy for a company to manage their accounting, banking, taxation, inventory, and other business needs. TallyPrime is ideal for all businesses, whether a small or mid-sized business or a large enterprise. While understanding how to use tally can increase a company’s efficiency, learning tally shortcut keys can enhance speed and improve productivity at the workplace. TallyPrime has keyboard shortcuts for almost all its functions, eliminating the need for a mouse. The table below consists of some of the many TallyPrime shortcut keys. Keyboard Shortcuts – Across TallyPrime Keyboard Shortcuts – Reports Keyboard Shortcuts – Vouchers & Masters Keyboard Shortcuts to Open Vouchers TallyPrime shortcuts [...]

By |2023-03-14T12:14:27+00:00December 7th, 2021|Softwares, Finances|Comments Off on TallyPrime Shortcut Keys That Everyone Should Know

What Are The Banking Utilities in TallyPrime?

Bank-related activities are performed by business owners day in day out. The Banking feature in TallyPrime assists and allows business owners to perform several bank-related operations; payments to parties, bank reconciliation, and cheque management. The feature enhances and simplifies the banking experience, saving time, reducing errors, scaling up traceability, and improving productivity. In short, the banking feature in TallyPrime ensures an end-to-end solution to the banking needs required to run your company smoothly. A. Banking Utilities in Tally Prime Among several features supported by TallyPrime in major business operational areas, banking utility is one. TallyPrime is a host for multiple banking utilities that include: 1. Auto Bank Reconciliation Reconciling the company’s books with the bank’s statements is a tedious task [...]

By |2022-01-21T12:51:15+00:00November 6th, 2021|Uncategorized, Finances, Technology|Comments Off on What Are The Banking Utilities in TallyPrime?

Tally On-Premise vs Tally On Cloud: Pros and Cons

The aim of Tally has always been to offer the latest digital technologies that help companies accelerate their business growth. With the hashtag #MakeEveryDaySimple, made popular by TallyPrime, Tally offers the best cost-saving initiatives for companies to help them organise, maintain and update their financial records in real-time. Also, through cloud accounting solutions, Tally has made remote access simpler for businesses. Below, let’s look at what is the best way to store Tally data - on a local server or cloud server - in this Tally On-Premise vs Tally On Cloud article. 1. What is Tally On-Premise? Tally had always been an on-premise software. Local servers were used by companies to install Tally, which made storing, managing and retrieving company [...]

By |2023-01-03T12:53:50+00:00October 5th, 2021|Business, Finances, Technology|Comments Off on Tally On-Premise vs Tally On Cloud: Pros and Cons

TallyPrime 2.0 With E-way Bill Auto-generate Feature

Tally released its latest product TallyPrime 2.0 that aims to make the user experience more seamless while offering a broad range of new features. With the launch of TallyPrime, users were able to automate various processes - compliance, inventory, accounting, reports among others. The BETA version of TallyPrime 2.0 was already released to give users a preview of the new features and capabilities. TallyPrime 2.0 was released in July and is now available for download. It offers exciting features and works towards fixing existing bug issues. One of the main highlights of the TallyPrime 2.0 version is the e-Way Bill auto-generation. Thus, without further ado, let’s check out the latest features of TallyPrime 2.0 A. Who can use TallyPrime 2.0 [...]

By |2022-05-31T06:26:59+00:00August 26th, 2021|Finances, Softwares, Technology|Comments Off on TallyPrime 2.0 With E-way Bill Auto-generate Feature

Questions to Ask While Selecting a Cloud Accounting Software

With remote working being the need of the hour, selecting the best cloud accounting solutions for your business is of utmost importance. Cloud accounting software such as Tally on Cloud ensures easy access to data across different devices along with complete security. Tally on Cloud made it simpler for businesses to move their data from a physical office server to a Cloud server without affecting the workflow or the need to invest in any infrastructure. Below we have answered a few questions that will help you choose the right accounting software for your business. We have also listed down the benefits of cloud accounting software such as Tally on Cloud. Questions to Ask When Choosing an Accounting Software For Your [...]

By |2021-08-03T14:08:16+00:00August 3rd, 2021|Business, Finances, Technology|Comments Off on Questions to Ask While Selecting a Cloud Accounting Software

Introduction To Tally Virtual User

As an ERP business management software, Tally has always been an on-premise product. But, with the advent of virtualisation and the current pandemic, the need for remote Tally access has gained momentum. To keep up with the changing times, and to stand true to its promise of providing access to TallyPrime anytime, anywhere, Tally has made the first-ever change to its licensing policy, thereby authorising and supporting the virtual usage of TallyPrime. 1. What is Tally Virtual User (TVU) Pack of TallyPrime License? To use TallyPrime virtually, you need a Tally Virtual User (TVU) pack. Through the TVU pack, you can access TallyPrime with Desktop Virtualisation tools such as Windows RDP, Citrix, Windows Thin Client or any other similar technologies. [...]

By |2023-02-07T13:25:37+00:00June 25th, 2021|Business, Finances, Softwares, Technology|Comments Off on Introduction To Tally Virtual User

Data Synchronisation in TallyPrime: All You Need To Know

TallyPrime has made data synchronisation between multiple branch offices and the head office easy. The process of tally data synchronisation includes replicating or consolidating tally data between two or more locations i.e. from the head office to the branches, warehouses or factories. This makes it easy for the branch offices to send data to the head office and vice versa. The entire process of sharing data is done over the Internet or a private network irrespective of the usage of data, based on the type of work done at each location. The frequency of updating data at various locations also differs and largely depends on the volume of data generated at each location or the availability/urgency of having the latest [...]

By |2023-08-07T11:05:20+00:00June 1st, 2021|Business, Finances, Softwares, Technology|Comments Off on Data Synchronisation in TallyPrime: All You Need To Know

How to Access TallyPrime Remotely and Essential Features to Protect Your Data?

With the current pandemic showing no signs of abating, working remotely is the only option to keep a business thriving. To minimise the loss of productivity when working from home, companies need to employ technology that will help facilitate smoother workflow. Here, with the Tally remote access, employees can securely access TallyPrime from anywhere, which ensures that their work is not affected. Thus, let’s look at what remote access in TallyPrime is along with essential features it provides to keep your data protected. A. What is Remote Access in TallyPrime? With the Tally remote access feature, anyone with a valid license for the server, an active TSS (Tally Software Services), and an Internet connection can easily access TallyPrime from anywhere [...]

By |2022-03-09T11:17:37+00:00May 4th, 2021|Business, Finances, Softwares, Technology|Comments Off on How to Access TallyPrime Remotely and Essential Features to Protect Your Data?

Introduction To TallyPrime Server

With Tally’s latest release TallyPrime, the user experience has enhanced three-fold thanks to numerous features that it offers. In one word, TallyPrimes helps you to #MakeEveryDaySimple and focuses on improving business efficiency by helping you streamline various business processes. If you have not upgraded Tally.ERP 9 to TallyPrime, then its high time that you do so. For now, let’s check out what exactly is TallyPrime Server and its various features and benefits. A. What is TallyPrime Server? TallyPrime Server (previously called Tally.Server 9) is a server-based data architecture that offers powerful features and capabilities that help boost the performance of the Tally software, especially when it is loaded with abundant data. TallyPrime Server is an enterprise-class product that allows two [...]

By |2023-03-16T05:21:37+00:00March 26th, 2021|Uncategorized, Business, Finances, Softwares, Technology|Comments Off on Introduction To TallyPrime Server

E-Invoicing in Tally: Everything You Need To Know

The past few years have brought about tremendous changes in the Indian tax system. With the introduction of the GST Act, few statutory elements were added to it - starting with the E-way bill and the latest addition being the E-invoicing. Currently, E-invoicing is mandatory for all B2B businesses with a turnover that exceeds Rs. 100 crores in the previous financial year. However, according to the latest news, starting from 1st April 2021, all B2B businesses may have to implement e-invoicing in their billing and ERP software. E-invoicing is a standard invoice format that eventually has to be followed by all businesses. To make the task of generating e-invoices easy, you can integrate IRP (Invoice Registration Portal) with your existing [...]

By |2021-03-04T09:03:58+00:00March 4th, 2021|Business, Finances, Softwares, Technology|Comments Off on E-Invoicing in Tally: Everything You Need To Know

Comparison Between Tally.ERP 9 and TallyPrime

As one of the best business management software, Tally is used by business owners, Accountants and other Tally users for more than three decades. During these years, Tally ensured to deliver top-performance by releasing various Tally versions which offered major improvements and enhancements. Thus, with the new release - TallyPrime - Tally aims to transform various business operations, providing you with greater flexibility and efficiency. Note: Tally has also launched TallyPrime Release 1.1 A. What is TallyPrime? The all-new TallyPrime is a better and smarter version of Tally.ERP 9. While it retains the simplicity of the Tally.ERP 9 software, it offers much more enhanced features that help you to improve different operations leading to seamless workflow and greater productivity. As [...]

By |2022-12-08T10:11:25+00:00January 15th, 2021|Business, Finances, goods and services tax, GST, Tax|Comments Off on Comparison Between Tally.ERP 9 and TallyPrime

How To Upgrade Tally.ERP 9 To TallyPrime: Step-by Step Guide

TallyPrime is the latest and the most significant release by Tally that has already made news for the abundant features it offers which #MakeEveryDaySimple. This advanced software is as simple to use and flexible as Tally.ERP 9. Its ease of navigation and user-friendliness makes it well-suited for individuals from the non-IT and non-accounts background. Also, with the focus on enhanced business efficiency, TallyPrime allows you to seamless access your business data anytime, anywhere securely using the web browser. If you are looking for a TallyPrime guide on how to upgrade Tally.ERP 9 to TallyPrime, then here is a step-by-step guide that you can follow. Read: How To Upgrade Tally.ERP 9 To TallyPrime: Step-by-Step Guide #Valid TSS While Tally.ERP 9 is [...]

By |2023-02-07T13:29:50+00:00January 5th, 2021|Softwares, Business, Finances, Technology|Comments Off on How To Upgrade Tally.ERP 9 To TallyPrime: Step-by Step Guide

Have more questions? Check out our FAQs below.

PowerPacks FAQ

A PowerPack is a powerful widget built on top of the Tally platform. It adds value to your business by simplifying key, daily activities that may currently be done manually. A good example is Digital Signature – replace the need for physically signing (or even printing out!) By automatically inserting a digital signature on your entire Tally generated invoices. Saves you a ton of time, saves printing costs and also saves the environment since you print less!
Good Question! Our team is continually improving these PowerPacks. By adopting a subscription model, it allows our team to invest time to continually improve them. In addition, when the Tally platform is upgraded, your PowerPack will always work. Current offerings in the market sell you a ‘perpetual’ file and then charge you exorbitant upgrade fees when a new version comes out. We eliminate all of that and charge you a low fee. Think of it as sacrificing a couple of cups of coffees per year! Surely you can sacrifice 2 cups of coffee for improved productivity at work, right?
No problem! We understand that our customers’ needs evolve over time, and you may not need a certain PowerPack after a certain period of time. If you cancel within 7 days of purchasing the PowerPack, we will refund your money within 3 business days – no questions asked! If you’ve purchased an annual license, you can simply cancel your subscription and your license copy will lapse after your subscription period ends. No surprise charges. EVER!
Come on! You must be joking. Ok, you’re not. Well, the answer, surprisingly, is YES! If you purchase a PowerPack for the whole year, you can get it for only INR 999/year! That is a 15% discount or almost 2 months free 🙂 Happy now?

We’ve designed our PowerPacks to be self-serve and easy to install and use. We also provide you with a user manual and feature list with screenshots to get you started. But if you still have questions, drop us an email at [email protected] and we’ll help you out! If you need more hands-on support, just give us a call or drop an email.

Absolutely! We will continue to build the PowerPacks that serve our customers at an affordable price. We notify our customers when a new PowerPack is available. Meanwhile, if you need something very unique to your business, we have a top-notch development team that is eager to solve complex problems for businesses like yours. Fill out this form, we’ll get in touch with you!
Good question again! Other vendors may offer you a PowerPack (add-on/module) for a flat one-time fee. But what they don’t tell you is that anytime there is a release upgrade or newer version of Tally, the PowerPack will stop working. To get it to work again, you will need to pay the vendor more money. This cycle is never-ending! In addition, other vendors may not update their PowerPacks with additional features. If they do, they may charge you extra for the same. With Mark IT, your PowerPack will always work even if there is a release update. The subscription model also allows us to continually enhance our PowerPacks and pass on the benefits to our customers at no extra cost. Plus, you save a ton of money upfront which you can use for other business improvements!
You can choose between a number of payment types – NEFT, credit or debit card, UPI, EMI or any wallet (like PayTM, PhonePe etc.) Providing flexibility to our customers is important to us, so we ensure to continually add the latest payment methods.
We’re glad you want to! Simply add multiple PowerPacks to your cart and buy! In addition, if you wish to purchase additional PowerPacks for additional serial numbers, simply change the quantity to the appropriate number of serial numbers and you are set. Feel free to add any comments in the Notes section if there is something you need to tell us regarding your order. Trust us, we read every customer’s emails!
A PowerPack is compiled and attached to a single serial number. If you’d like to set up the PowerPack for multiple serial numbers, simply purchase additional PowerPacks for each of your serial numbers. Simple!

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