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Can tally be used in banks?

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Cyber Security, CEH, CCNA, CCNP, Data Analytics Expert (15+ Year Experience) - IT Professional

Hello Aamir, Yes, Tally is used in banks for a variety of purposes, including managing user accounts and calculating interest on deposits. Tally is also used by businesses to manage their banking activities, such as making payments, reconciling bank statements, and managing checks.
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"Transforming your struggles into success"

Tally is not only useful for bank transactions but also for bank reconciliation. Bank reconciliation is the process of comparing a company's internal financial records with its bank statement to ensure that everything matches up.
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Tutor

Yes, Tally can be used in banks for: 1. **Accounting**: Managing financial transactions and ledger entries. 2. **Inventory**: Tracking and managing bank assets. 3. **Reconciliation**: Reconciling bank statements with internal records. However, for more complex banking needs like core banking...
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Yes, Tally can be used in banks for: 1. **Accounting**: Managing financial transactions and ledger entries. 2. **Inventory**: Tracking and managing bank assets. 3. **Reconciliation**: Reconciling bank statements with internal records. However, for more complex banking needs like core banking operations, specialized banking software might be required. read less
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Fundamentals of Programming languages and Data Science

Yes, Tally can be used in banks for accounting, payroll, and inventory management, but banks often use specialized software for complex operations.
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Yes, Tally can be used in banks for accounting, payroll, and inventory management, but banks often use specialized software for complex operations.

 
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Related Questions

Is learning Tally good or is learning Advanced Excel and Python good? Which one will be better for getting a job? What would be the general cost of learning Tally, Advanced Excel and Python? Which are the best tutors or institutes near to Kudlu Gate and Electronic City?

 

 

As a beginner, you should go with Advance Excel and MIS reporting. After that, you can go for VBA, SQL, and Python in the end. Follow this career path. You will end up being a data analyst and package raging from 8-12lakh pa.
Prabhu
What is the best thing about tally accounting software?
One of the best things about Tally accounting software is its simplicity and ease of use. It's designed to be user-friendly, even for those with limited accounting knowledge. Tally automates many accounting...
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Does any training or cerification is required to learn Tally Software?
Absolutely No. You can speak instead Papers in Interview.
Bhavesh
Can you please send me a fees structure for tally courses?
Rs.2000 for Online and Rs.3000 + Petrol Charges for Home tution. Basic Accounts, Accounting, Taxes (TDS, CST, VAT, Service Tax, Excise Duty, Income Tax), Payroll, Inventory, Reports, Annexures & Forms, Online Return Filing.
Sunil

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