Tally Solutions Pvt. Ltd. is an Indian 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.[1]

History[edit]

Tally Solutions, then known as Peutronics,[2] was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka [3] and incorporated in 1991.[4] 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[5] to create a software application that would handle financial accounts for his business.[6] 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.[7]

• In 1999, the company formally changed its name to Tally Solutions.[5]
• In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9.[8]
• In 2009, the company released Tally.ERP 9, a business management solution[9]
• In 2015, the company launched a program called Vriddhi to certify and classify its business partners.[10] Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features.[11]
• As of 2016, the company had 1 million customers.[12]
• In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software.[13][14]
• In 2020, the company released TallyPrime.[15][16]