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'{{Short description|this article is about Tally Solutions Pvt. Ltd., the company that makes Tally Software, which contains information related to Tally Solutions Pvt. Ltd. company}} {{Use dmy dates|date=April 2017}} {{Use Indian English|date=September 2016}} {{Infobox company | name = Tally Solutions Pvt Ltd. | logo = Tally - Logo.png | type = [[Private company limited by shares|Private]] | industry = ERP Software | founded = 1986 | founder = {{Unbulleted list|[[Shyam Sunder Goenka]]|Bharat Goenka}} | products = TallyPrime Tally.ERP 9, Tally.Server 9, Tally.Developer 9 and Shoper 9 | num_employees = <!--Please provide a reliable source for such values.--> | location_city = [[Bangalore]], [[Karnataka]] | location_country = India | homepage = {{URL|https://tallysolutions.com/}} }} '''Tally Solutions Pvt. Ltd.''' is an Indian [[Multinational corporation|multinational]] company that provides [[enterprise resource planning]] software. It is headquartered in [[Bangalore]], Karnataka. The company reports that its software is used by more than 1.8 million customers.<ref>{{cite web|url=https://www.pcquest.com/tally-solutions-participates-indias-biggest-sme-conclave-organized-nasscom/|title=Tally Solutions participates in India’s biggest SME Conclave organized by NASSCOM |publisher=pcquest.com |date=2019-01-14 |access-date=2019-01-14}}</ref> ==History== Tally Solutions, then known as Peutronics,<ref>{{cite web|url=http://pn.ispirt.in/bharat-goenkatally-solutions-talks-to-us-about-the-companys-stubborn-decision-to-stay-focussed-on-products/ |title=Bharat Goenka(Tally Solutions) talks to us about the company’s ‘stubborn’ decision to stay focussed on products |publisher=ispirit.in |date=2013-01-08 |access-date=2016-07-04}}</ref> was co-founded in 1986 by [[Shyam Sunder Goenka]] and his son Bharat Goenka <ref>{{cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=26204032&privcapId=21842119|title=Executive Profile: Bharat Goenka |publisher=bloomberg.com |access-date=2016-07-04}}</ref> and incorporated in 1991.<ref>{{cite news |last1=Talgeri |first1=Kunal |title=How India's oldest accounting software got a new lease of life after GST |url=https://economictimes.indiatimes.com/small-biz/entrepreneurship/how-indias-oldest-accounting-software-got-a-new-lease-of-life-after-gst/articleshow/63089299.cms |access-date=3 February 2021 |work=Economic Times |date=27 February 2018}}</ref> 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<ref name=indiatimes2>{{cite web|url=http://articles.economictimes.indiatimes.com/2005-02-28/news/27506141_1_bharat-goenka-tally-solutions-sme|title= Tally Solutions: a calculated move |publisher=indiatimes.com |date=2005-02-28 |access-date=2016-07-04}}</ref> to create a software application that would handle financial accounts for his business.<ref name=indiatimes>{{cite web|url=http://articles.economictimes.indiatimes.com/2011-07-22/news/29804196_1_tally-solutions-coding-indian-software|title=Bharat Goenka discusses his dream of building Tally into a $1 bn company by 2015 |publisher=indiatimes.com |date= 2011-07-22|access-date=2016-07-04}}</ref> 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.<ref>{{cite web|url=http://www.accountsguy.net/2014/10/history-of-tally-and-its-versions.html#gsc.tab=0|title= Brief history about Tally.ERP 9 and its versions since Tally 3.0 |publisher=accountsguy.net |date=2014-10-15 |access-date=2016-07-04}}</ref> * In 1999, the company formally changed its name to Tally Solutions.<ref name="indiatimes2" /> * In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9.<ref>{{cite web|url=http://www.cxotoday.com/story/tally-launches-multilingual-accounting-software/|title= Tally Launches Multilingual Accounting Software |publisher=CXOtoday.com |date=2006-01-15 |access-date=2016-07-04}}</ref> * In 2009, the company released Tally.ERP 9, a business management solution<ref name="hindubusinessline">{{cite web|url=http://www.thehindubusinessline.com/info-tech/tally-launches-tallyerp-9/article5702723.ece|title= Tally launches Tally.ERP 9 |publisher=thehindubusinessline.com |date=2014-02-18 |access-date=2016-07-04}}</ref> * In 2015, the company launched a program called Vriddhi to certify and classify its business partners.<ref>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/Tally-Solutions-launched-new-channel-partner-programme/articleshow/46507267.cms|title= Tally Solutions launched new channel partner programme|publisher=indiatimes.com |date=2015-03-09 |access-date=2016-07-04}}</ref> Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features.<ref>{{Cite web|url=http://www.channelworld.in/news/tally-solutions-set-to-transform-business-taxation|title=Tally Solutions Set to Transform Business Taxation|website=ChannelWorld India|access-date=2017-06-29}}</ref> * As of 2016, the company had 1 million customers.<ref>{{Cite news|url=http://timesofindia.indiatimes.com/city/chennai/Tally-Solutions-clocks-1-Million-Customers-Globally/articleshow/52113127.cms|title=Tally Solutions clocks 1 Million Customers Globally - Times of India|work=The Times of India|access-date=2017-06-29}}</ref> * In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new [[Goods and Services Tax (India)|Goods and Services Tax (GST)]] server and taxpayers, and in 2017, the company launched its updated GST compliance software.<ref>{{Cite news|url=http://economictimes.indiatimes.com/small-biz/security-tech/technology/tally-solutions-launchesgst-compliance-software/articleshow/59271199.cms|title=Tally Solutions launches GST compliance software|last=Tyagi|first=Chhavi|date=2017-06-22|work=The Economic Times|access-date=2017-06-29}}</ref><ref>{{Cite news|url=http://www.thehindubusinessline.com/economy/tcs-deloitte-ey-among-34-cos-shortlisted-for-providing-gst-interface/article9419453.ece|title=TCS, Deloitte, EY among 34 cos shortlisted for providing GST interface|last=PTI|date=2016-12-09|work=The Hindu Business Line|access-date=2017-06-29|language=en}}</ref> * In 2020, the company released TallyPrime.<ref>http://www.businessworld.in/article/Tally-Solutions-launches-next-gen-business-management-software-TallyPrime/06-11-2020-339862/</ref><ref>https://www.moneycontrol.com/news/business/tally-launches-tally-prime-to-help-small-businesses-innovate-faster-6072481.html</ref> ==References== {{reflist|30em}} ==External links== *[http://www.livemint.com/Home-Page/XacWNni5S8zrqg8uOpyFdM/Tally-hopes-to-make-its-biz-software-count.html ''Live Mint''] *[http://www.vikhepatil.org/wp-content/uploads/2015/01/CJMR-Vol-1-Issue-2-July-December-2006.pdf#page=58 "Business Strategy: A Case of Tally Solutions Pvt. Ltd."]. ''CMRD Journal of Management Research''. pp. 56–59. *[http://www.business-standard.com/article/sme/tally-solutions-to-aggressively-target-smaller-businesses-112041000075_1.html ''Business Standard''] *[http://www.business-standard.com/article/companies/tally-solutions-bullish-on-indian-retail-market-114030500860_1.html ''Business Standard''] *[http://www.thehindu.com/business/companies/tally-solutions-restructures-business/article1565118.ece ''The Hindu''] {{ERP software}} [[Category:Companies based in Bangalore]] [[Category:Software companies of India]] [[Category:ERP software companies]] [[Category:Indian brands]] [[Category:Software companies established in 1986]] [[Category:Indian companies established in 1986]] [[Category:1986 establishments in Karnataka]]'