Here are the essential characteristics in Tally – ● In Tally, accountants do not have to hassle to record the salary and wages separately as the exclusive payroll feature helps in the task. ● Tally features a cost center facility that enables users to locate the cost of a specific job conveniently. ● Tally can be used to generate a bag full of MIS reports and design the budgets. ● With Tally, users can quickly design balance sheets, VAT forms, service tax returns, TDS returns, and much more. These enable the users to design tax reports much easily.