Advanced Tally program or Tally ERP 9 program covers essential characteristics like cheque printing, cheque administration, payroll compliances such as provident fund (PF), auto bank reconciling, statutory compliances like GST and TDS, interest calculations, etc
The latest version of Tally software is TallyPrime. Advanced Tally software is mandatory for students and graduates pursuing B.Com and certified accounting courses. Advanced Tally is more sophisticated than basic Tally, which only covers fundamental accounting and inventory management functions.