Final answer:
Tally ERP 9 is a computerised accounting software used to record and process accounting transactions with speed and accuracy in various functional business modules.
Step-by-step explanation:
The correct option is B:.
Computerised accounting systems like Tally ERP 9 have transformed the way accounting is done in businesses. These systems leverage software to record and process accounting transactions within various functional modules such as accounts payable, accounts receivable, payroll, and trial balance. By using such systems, businesses can ensure accuracy and speed up their accounting processes, which was not possible with manual accounting methods. Not only do they allow for real-time access to financial data, but they also facilitate quick report generation and financial analysis. Tally ERP 9, in particular, is recognized for its comprehensive features that cater to the diverse accounting needs of a business, from basic bookkeeping to complex financial management.
The transition from manual to computerised accounting systems has enabled businesses to handle larger volumes of transactions and support decision-making with precise financial information. These systems are a fundamental component of modern business operations and have dramatically improved the efficiency of financial record-keeping.