Objective and Scope

The primary objective of this project is to create a unified, AI-enabled framework for extracting and analyzing financial data directly from Tally using TDL (Tally Definition Language). By automating data retrieval and transforming it into business intelligence (BI), the solution aims to save time for Chartered Accountants (CAs) and reduce data-handling errors. The scope of this initiative spans everything from TDL script generation to building dashboards in Power BI. This end-to-end approach ensures that CAs can focus on deeper financial insights rather than mundane manual tasks.

Background and Context

Tally is a popular accounting software widely used in India, particularly by small and medium-sized enterprises. Traditionally, CAs spend substantial effort in generating XML or Excel reports, followed by extensive data cleaning and structuring. This process is cumbersome and prone to mistakes. Recognizing these inefficiencies, I developed a “Tally GPT” approach. It leverages a Private GPT model trained on official TDL reference manuals, open-source TDL scripts, and developer forum discussions. By automating TDL generation, the project circumvents manual coding while producing consistent, accurate data extracts. In this way, the solution aligns with the growing trend toward AI-assisted automation in financial analysis.

Methodology and Flowchart

To implement this system, I devised a multi-step methodology. First, we trained our Private GPT model using curated TDL resources. Next, the model generated custom TDL scripts capable of extracting comprehensive transaction details—such as date, ledger name, parent ledger, debit/credit amounts, and voucher information. These scripts were then integrated into Tally via ODBC or other connectors to enable data transfer.

Tools and Technologies Used

My technology stack centers on Private Custom GPT for TDL script generation and real-time language understanding. Tally provides a robust accounting engine, accessible through ODBC for data extraction. Power Query and Power BI form the backbone of data transformation and visualization, offering user-friendly dashboards and insights. I also integrate AI assistants—like ChatGPT and Claude AI—for advanced analytics, DAX script creation, and automation. This ecosystem fosters a seamless, end-to-end workflow, eliminating the traditional bottlenecks of manual data exporting and cleaning.

Challenges Faced

One of the main hurdles was ensuring accurate TDL generation, as even minor syntax discrepancies could disrupt the data extraction process. Additionally, Tally’s ODBC integration lacked unified tables for certain transaction structures, necessitating creative scripting strategies. Another significant challenge involved training the Private GPT model on diverse TDL references and forum snippets, which often varied in style and detail. Data privacy and security concerns also required careful handling, especially when integrating cloud-based tools like Power BI. Finally, aligning AI-generated DAX formulas with real-world accounting conventions demanded iterative testing and user feedback.

Future Prospects

The future scope includes expanding the AI model’s training corpus to accommodate more complex TDL functionalities. This could enable custom solutions for niche industries or specialized financial tasks. I also aim to enhance real-time insights through predictive analytics, employing advanced AI models that can highlight anomalies or forecast cash flow trends. With the framework already in place, there is potential to integrate other accounting software beyond Tally, thus scaling the solution across a broader market. Continued collaboration with the Tally developer community will likely yield new innovations in data extraction and analysis.

Conclusion

“Tally GPT” demonstrates the power of AI in streamlining financial data workflows. By fusing TDL automation, Private GPT, and BI tools, the solution not only saves time but also elevates the quality of accounting insights. With the promise of further advancements, this project sets a precedent for next-generation accounting practices.

Screenshots

Creation of Custom GPT

TDL Created by CustomGPT:

Tally TDL created by Tally GPT in Action!

Connecting Tally through ODBC, POWER BI Reports created using DAX code by ChatGPT/Claude