Will Tally ERP software be discontinued in future? CA's Beware?

Tally ERP will be done by AI?

No need of manual entry in future...

While technology has advanced significantly in recent years and automation has become increasingly prevalent in many industries, it is unlikely that manual entry will become completely obsolete in the near future.

While certain types of data, such as receipts and invoices, can be automatically extracted and entered using tools like optical character recognition (OCR) and machine learning algorithms, there are still many types of data that require human interpretation and input. For example, complex financial transactions or non-standard accounting entries may require manual input and verification by an accountant or other financial professional.

Furthermore, even when data is automatically extracted and entered, there is still a need for manual review and verification to ensure accuracy and completeness. Any errors or discrepancies that are not caught during the automated process can have significant financial consequences.

That being said, automation and new technologies are certainly changing the way accounting and bookkeeping are done, and can greatly improve efficiency and accuracy. As technology continues to evolve, it is likely that the role of manual entry in accounting will continue to evolve as well.

Every entry will undertaken by AI just snap and scan any receipts

While technology has advanced significantly in recent years and automation has become increasingly prevalent in many industries, it is still unlikely that every accounting entry will be undertaken by AI in the near future. While AI and machine learning algorithms can automate some aspects of accounting, there are still many types of data that require human interpretation and input.

For example, complex financial transactions or non-standard accounting entries may require human input and verification to ensure accuracy and completeness. Additionally, there are often nuances and subtleties to financial data that require human judgment to properly categorize and analyze.

However, AI and automation can certainly play a valuable role in reducing the amount of manual data entry required in accounting. For example, OCR and machine learning algorithms can be used to extract data from receipts and invoices, which can then be automatically entered into accounting software. This can save time and reduce the risk of errors associated with manual data entry.

Overall, while AI and automation are transforming the accounting industry, it is important to recognize that they are tools to be used in conjunction with human expertise and judgment, rather than a replacement for it.

Tally ERP new way to entry account detail just snap & scan for Journal entry or any kind of Ledger Entry just need a snap

Tally.ERP is a popular accounting software that is widely used for managing financial transactions and generating financial reports. While Tally.ERP offers a variety of features for data entry, such as manual data entry and importing data from various sources, it does not currently offer a feature to directly snap and scan data for entry.

However, there are several third-party apps that can be integrated with Tally.ERP to enable this feature. For example, some apps allow users to scan receipts or invoices and automatically extract the relevant data, which can then be directly imported into Tally.ERP.

To use this feature, you would typically need to install the third-party app and configure it to integrate with Tally.ERP. Once configured, you can then use the app to snap and scan receipts or invoices, which will automatically populate the relevant fields in Tally.ERP.

It's worth noting that while this feature can save time and improve efficiency, it's important to ensure that the data being entered is accurate and complete. It's also important to ensure that the third-party app being used is secure and reliable, and that it meets any relevant data protection and privacy requirements.

Ultimately Tally is not an trending job skill on which you depend

While Tally.ERP is a popular accounting software and is widely used in many businesses, it is true that it may not be the most in-demand or trending job skill in the current job market. However, it is important to note that the value of a particular job skill can vary depending on the industry, geographic location, and individual employer needs.

That being said, developing a broad range of skills and knowledge in accounting and finance, including familiarity with various accounting software and technology tools, can help to make you more competitive in the job market. Staying up-to-date with current trends and developments in the industry can also help to demonstrate your commitment to ongoing learning and professional growth.

In addition to technical skills, employers also often value soft skills such as communication, problem-solving, and teamwork. Developing these skills can help to make you a well-rounded and desirable candidate for a wide range of accounting and finance roles.

Ultimately, it's important to continue to develop and refine your skills and knowledge in accounting and finance, while also keeping an eye on current job market trends and employer needs. This can help you to position yourself for success and advancement in your career.

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