Accounting software allows you to monitor and manage the financial health of your business. Many different types of accounting packages are available at MCTC such as Tally Basic, Tally ERP, Manual Accounting, Peachtree, QuickBooks, with options to suit different business sizes, sectors, and industries and even work processes. Tally Accounting is a software used for accounting purposes. It is a standard business accounting software. Tally ERP is a very robust ERP product and is a complete business management solution. Tally is defined as record, count or a record of debit and credit or an account. A business also has the option of using a computerized accounting system, keeping their financial records with the aid of a computer and software package. This lesson focuses on a manual accounting system also. QuickBooks holds 89 percent of the small business accounting software market in the United States. However, Peachtree is another popular course that definitely gives QuickBooks a run for their money. Both products have their own individual strengths.