Tally Basics refers to fundamental concepts and operations in TallyPrime, a popular accounting software widely used in India and other countries for financial management, inventory management, taxation (GST, TDS), and payroll. Here's a basic overview to get you started: --- 🧾 1. What is Tally? Tally (short for Transactions Allowed in a Linear Line Yard) is an accounting software used by businesses to manage: Financial accounts Inventory Sales & purchase records Payroll Taxation (GST, TDS, etc.)