Tally Accounting Software and Tally Accounting Services

Keeping business accounts accurate and up to date is essential for maintaining reliable financial records and making informed business decisions. Tally accounting software helps businesses manage sales, purchases, expenses, ledgers, receivables, payables, GST-related accounting data, and financial reports in one accounting system.

However, using Tally effectively requires more than entering transactions into the software. Businesses also need proper bookkeeping, reconciliation, accounting knowledge, and regular financial reporting.

GPMJ Global provides professional Tally accounting services for small businesses, startups, growing businesses, accounting firms, and international businesses that use Tally for their accounting processes. Our services can include bookkeeping, transaction entry, ledger maintenance, bank reconciliation, accounts receivable and payable management, accounting cleanup, and preparation of financial information.

Our objective is not simply to enter transactions into Tally. We help businesses keep their tally accounting records organized, reconciled, and ready for reporting.

What Is Tally Accounting Software?

Tally accounting software is used by businesses to record and manage financial transactions and maintain accounting records. Depending on the business setup, Tally can be used for bookkeeping, sales and purchase accounting, ledger management, inventory-related accounting, receivables and payables, bank reconciliation, GST-related accounting data, and financial reporting.

Businesses that already use Tally or TallyPrime can outsource the accounting work associated with their existing accounting system instead of building a larger internal accounting team.

What Are Tally Accounting Services?

Tally accounting services involve managing accounting and bookkeeping activities using Tally or TallyPrime based on a business's accounting procedures and reporting requirements.

These services can include transaction recording, ledger maintenance, bank reconciliation, customer and vendor reconciliation, accounts receivable and payable management, accounting cleanup, financial reporting, and ongoing bookkeeping support.

At GPMJ Global, our accounting team works according to the agreed workflow, transaction volume, reporting requirements, and accounting processes of each business.

Outsourcing Tally Bookkeeping Services to GPMJ Global

Operating a business is already a full-time responsibility. Pending bookkeeping entries, unreconciled bank transactions, incorrect ledger balances, open invoices, accounting backlogs, and delayed reporting can create additional work for business owners and management teams.

With GPMJ Global, outsourcing your Tally bookkeeping can provide ongoing accounting support without requiring you to build a larger accounting team internally.

We tailor our services according to your accounting process, transaction volume, reporting requirements, and business needs. This could range from regular bookkeeping assistance to working on an incomplete or older Tally company file.

Our experience with tally prime accounting software allows us to support businesses that already maintain their accounting records using TallyPrime.

Our Tally Accounting Services Include

01. Bookkeeping and Maintenance of Ledgers

We record business transactions, maintain ledgers, verify accounting entries, and organize your Tally accounts according to the agreed accounting process.

Our bookkeeping support can include:

• Recording day-to-day transactions

• Maintaining customer and vendor ledgers

• Recording receipts and payments

• Recording expenses

• Reviewing ledger balances

• Identifying unusual or incomplete entries

• Maintaining organized accounting records

02. Sales and Purchase Accounting

We can assist with sales invoices, purchase entries, expense entries, receipt entries, payment entries, and outstanding transactions.

Regular review of these transactions helps keep your Tally accounting records organized and makes it easier to monitor customer and supplier balances.

03. Bank Reconciliation

Bank reconciliation involves comparing bank statements with accounting records, identifying differences, and investigating unreconciled transactions.

Regular bank reconciliation can help identify:

• Missing transactions

• Duplicate entries

• Incorrect amounts

• Unreconciled payments or receipts

• Timing differences

• Other discrepancies in accounting records

Our team can perform bank reconciliation based on your accounting process and reporting requirements.

04. GST and Accounting Data Support

We can assist in organizing accounting data required for GST-related reporting and reconciliation.

Depending on the agreed scope of work, our support may include:

• Sales and purchase data compilation

• Reconciliation of accounting transactions

• Organizing GST-related accounting records

• Reviewing transaction information

• Preparing accounting data required for coordination with your tax consultant

Statutory tax filing or compliance work can be handled according to the agreed scope and, where required, in coordination with the relevant tax professional.

05. Accounts Receivable and Payable

We maintain customer and supplier ledgers, record receipts and payments, reconcile balances, and help businesses keep track of outstanding amounts.

Our support can help you monitor:

• Customer outstanding balances

• Supplier balances

• Receivables

• Payables

• Payment and receipt transactions

• Customer and vendor ledger discrepancies

This gives management better visibility into amounts that need to be collected and payments that need to be made.

06. Financial Statements and MIS Reports

Accurate accounting records are important for preparing useful financial information.

Based on your requirements, we can prepare reports such as:

• Trial balance

• Profit and loss statement

• Balance sheet

• Ledger reports

• Outstanding reports

• Customer and vendor reports

• Other management information reports

These reports can help business owners and management understand their financial position and monitor business performance.

07. Accounting Cleanup and Backlog Management

Do you have old accounting entries, incomplete records, or unreconciled transactions?

Our team can review your existing Tally records, identify gaps, reconcile accounting information, and help organize the accounting file.

Accounting cleanup may include:

• Reviewing old transactions

• Identifying missing entries

• Reconciling balances

• Reviewing customer and vendor ledgers

• Checking bank transactions

• Organizing accounting records

• Addressing accounting backlogs

08. Ongoing Tally Accounting Support as Your Business Grows

As your business grows, transaction volume and accounting requirements can increase.

Instead of immediately building a larger internal accounting department, businesses can outsource selected accounting activities to an experienced accounting team.

GPMJ Global can provide ongoing support for bookkeeping, transaction processing, reconciliation, reporting, and other agreed accounting requirements.

Common Tally Accounting Problems We Help With

Businesses using Tally can sometimes face accounting issues that become difficult to resolve when they accumulate over time.

GPMJ Global can assist with accounting situations such as:

• Unreconciled bank transactions

• Incorrect ledger balances

• Old accounting backlogs

• Duplicate or missing entries

• Customer and vendor reconciliation issues

• Outstanding balance discrepancies

• Incomplete accounting records

• Difficulty keeping Tally records updated

• Delayed financial reporting

• Need for ongoing remote bookkeeping support

Our approach is to understand the existing accounting process first and then define the scope of work required to organize and maintain the records.

Why Choose GPMJ Global for Tally Accounting Services?

Choosing an accounting service provider requires more than finding someone familiar with the software. Effective accounting support also requires knowledge of bookkeeping, reconciliations, financial records, and reporting.

GPMJ Global provides accounting services based on principles of accurate bookkeeping, regular reconciliation, confidentiality, clear communication, and agreed accounting procedures.

Before starting the work, we aim to understand:

• How your business operates

• How your Tally company file is maintained

• Your current accounting workflow

• Your transaction volume

• Your reporting requirements

• Your accounting challenges

• The frequency of accounting support required

Based on these requirements, we can provide a dedicated accounting team and an agreed workflow for ongoing support.

Our services can include regular bookkeeping, bank reconciliation, customer and vendor reconciliation, accounting cleanup, GST-related accounting data support, and MIS reporting.

If you already have a Tally company file, our team can work with your existing accounting setup based on the agreed process.

Tally Accounting Services for International Businesses

Remote accounting is more than simply sharing an accounting data file. A reliable remote accounting process requires clear communication, an understanding of reporting requirements, secure handling of accounting information, and a defined workflow.

GPMJ Global offers remote Tally accounting services to international businesses that want to outsource bookkeeping and accounting activities to an India-based accounting team.

Our remote Tally support can include:

• Remote Tally bookkeeping and transaction processing

• Bank and account reconciliation

• Customer and vendor ledger management

• Accounts receivable and payable support

• Accounting data cleanup

• Accounting backlog management

• Monthly financial and MIS reporting

• GST-related accounting data organization where applicable

• Accounting data management and confidentiality

• Process coordination according to your reporting cycle

If your business already uses Tally or TallyPrime, we can work with your existing accounting setup based on your requirements.

Tally Accounting Services for Businesses in Canada, USA, UK and Australia

Businesses in different countries can have different reporting cycles, accounting procedures, and internal workflows. Remote accounting support should therefore be based on the individual requirements of the business rather than a one-size-fits-all process.

GPMJ Global supports businesses looking for outsourced accounting and bookkeeping assistance from an India-based team.

Our Tally accounting support can be structured around your:

• Accounting workflow

• Transaction volume

• Reporting frequency

• Reconciliation requirements

• Customer and vendor records

• Management reporting needs

• Existing Tally or TallyPrime setup

For international businesses, the scope of work can be defined according to the accounting activities that you want to outsource.

Who Can Benefit From Tally Accounting Services?

Our Tally accounting support can be suitable for:

• Small businesses

• Startups

• Growing businesses

• E-commerce businesses

• Businesses with accounting backlogs

• Businesses using an existing TallyPrime company file

• Accounting and bookkeeping firms requiring additional support

• International businesses looking for remote accounting assistance

The scope can be adjusted according to transaction volume, accounting complexity, and reporting requirements.

Why Outsource Tally Accounting?

Outsourcing Tally accounting can help businesses manage their accounting workload without immediately expanding their internal accounting team.

Potential benefits include:

• Reduced day-to-day accounting workload

• Access to experienced accounting professionals

• Regular bookkeeping and transaction processing

• Better reconciliation of accounting records

• Assistance with accounting cleanup

• Timely financial and MIS reporting

• Flexible support based on transaction volume

• Remote accounting assistance

• Ability to scale accounting support as business requirements change

The right outsourcing model depends on the business's accounting process, transaction volume, reporting needs, and required level of support.

What Information Is Needed to Start Tally Accounting Services?

To understand your accounting requirements, we may need information such as:

• Your existing Tally or TallyPrime setup

• Accounting period

• Approximate transaction volume

• Bank statements

• Sales and purchase records

• Customer and vendor information

• Previous accounting records, where applicable

• Reporting requirements

• Existing accounting workflow

• Any accounting backlog or reconciliation issues

This helps us understand the scope of work and determine the appropriate accounting support.

How GPMJ Global's Tally Accounting Process Works

01. Share Your Requirements

Tell us about your business, Tally setup, transaction volume, accounting process, reporting requirements, and any accounting issues you are facing.

02. Discuss Your Accounting Process

Contact GPMJ Global and discuss your existing accounting workflow and the areas where you require support.

03. Define the Scope

We evaluate your requirements, understand your accounting process, determine the scope of services, and provide a quotation before starting the service.

04. Start Tally Accounting Support

Once the process is confirmed, our accounting team handles the agreed tasks and provides updates according to your accounting and reporting requirements.

Tally Accounting Services by GPMJ Global

Your accounting records require more than simply entering information into software. They require someone who understands the significance of financial information and knows how accounting records should be maintained, reconciled, and reported.

If you need assistance with bookkeeping, bank reconciliation, accounting data organization, financial reporting, accounting cleanup, accounts receivable and payable, or management of your Tally file, GPMJ Global can assist with your accounting requirements.

Whether you need ongoing Tally bookkeeping, accounting cleanup, transaction processing, reconciliation, or remote accounting support, we can structure the service according to your transaction volume and business requirements.

Tell us about your Tally setup, accounting requirements, and transaction volume to discuss the right accounting support for your business.

Frequently Asked Questions

Does GPMJ Global offer accounting services through Tally accounting software?

Yes. GPMJ Global provides bookkeeping and accounting support for businesses using tally accounting software. Services can include transaction management, ledger maintenance, reconciliation, accounting cleanup, and financial reporting.

Do you provide Tally accounting services to small businesses?

Yes. We provide tally accounting services that can be customized according to the business's transaction volume, accounting process, reporting requirements, and level of support required.

Can you work with our existing TallyPrime company file?

Yes. If your business already maintains its accounts using TallyPrime, our accounting team can work with the existing company file according to the agreed accounting process and scope of work.

Do you provide monthly Tally bookkeeping services?

Yes. Businesses can outsource regular Tally bookkeeping and accounting activities based on their transaction volume, accounting requirements, and preferred reporting frequency.

Can you fix an old or incorrect Tally accounting file?

Yes. We can review existing accounting records, identify incomplete or inconsistent information, reconcile balances, and assist with accounting cleanup and backlog management.

Can you perform bank reconciliation in TallyPrime?

Yes. Bank reconciliation can be included as part of our accounting support. The process involves comparing bank records with accounting entries, identifying differences, and reconciling the accounting records.

Do you provide GST-related accounting support?

Yes. We can assist with organizing sales and purchase data, reconciling accounting transactions, and preparing accounting information required for GST-related reporting or coordination with your tax consultant, depending on the agreed scope.

Can you prepare MIS reports from TallyPrime?

Yes. Based on your requirements, we can prepare financial and MIS reports such as trial balance, profit and loss statements, balance sheet, ledger reports, outstanding reports, and other management reports.

Can overseas businesses outsource Tally accounting to GPMJ Global?

Yes. GPMJ Global provides remote and outsourced accounting support to international businesses that use tally accounting and require bookkeeping, reconciliation, reporting, or accounting management support from an India-based team.

Is GPMJ Global a Tally software company?

GPMJ Global is an accounting services and outsourcing provider, rather than a Tally software company. We provide bookkeeping and accounting support to businesses that use tally accounting software and TallyPrime as part of their existing accounting processes.

Need Help With Your Tally Accounts?

Whether you need regular bookkeeping, accounting cleanup, bank reconciliation, accounts receivable and payable support, financial reporting, or assistance with an existing TallyPrime company file, GPMJ Global can provide flexible remote accounting support.

Share your Tally setup, transaction volume, and accounting requirements with us to discuss your outsourcing needs.