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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. [citation needed] In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9. [10]
The following comparison of accounting software documents the various features and differences between different professional accounting software, personal and small enterprise software, medium-sized and large-sized enterprise software, and other accounting packages. The comparison only focus considering financial and external accounting functions.
Tally Solutions, an Indian multinational financial accounting software company TallyPrime, enterprise resource planning software developed by Tally Solutions; Tally Technologies, a debt management app in the U.S. and makers of the Tally app; Tally Weijl, a chain clothing retailer in Europe
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Some reasons cloud accounting software is preferred by users is there is no need to worry about maintenance or hardware system upgrades, it can reduce overall costs, and that a user can gain access from multiple locations. One of the primary reasons cloud accounting software is not being used is the threat of the security of the data. [7]
Sage Sterling was available for DOS, and in the early 1990s for Microsoft Windows. The product was re-branded as Sage Sterling +2, and in 1993 a version of the product became available for Apple Macintosh. By 1993, Sage Sterling was the market leader, with 62.5% of the integrated accounting software market. [5]
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