Launched in (with major updates through 1994 ), Tally 4.5 was the first version of what would become the world's most popular accounting software. It was a revolutionary MS-DOS application that provided basic financial accounting tools like ledgers, vouchers, and simple financial reports. Primary Platform: MS-DOS.

Simple ledger classification, voucher entry, and bill-wise analysis for debtors and creditors.

Tally Solutions no longer offers Tally 4.5 on its official download page , focusing instead on TallyPrime .