Tally Prime
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Tally prime is an integrated business management software where you can manage accounting, inventory, statutory and compliance, banking, payroll, and finance effortlessly. Straightforwardness, speed, adaptability, and dependability are the brand names of Count items, and with TallyPrime, you will encounter them at an unheard-of level.
Tally Prime has a wide range of features and capabilities that can help businesses manage their accounting, finance, inventory, and other business-related functions efficiently.
Accounting and Finance Management: Tally Prime allows you to manage your accounting and finance-related activities such as creating and maintaining ledgers, generating financial statements, recording transactions, managing bank accounts, and more.
Inventory Management: With Tally Prime, you can track and manage your inventory, including stock levels, orders, sales, and purchases, to ensure that you always have the right stock levels.
Payroll Management: Tally Prime helps you manage your payroll functions, including generating payslips, calculating taxes, and managing employee information.
Statutory Compliance: Tally Prime ensures that your business is compliant with all relevant legal and regulatory requirements, including GST, TDS, and other tax-related regulations.
Here are some features of Tally Prime
Usefull TallyPrime Links
– How to Activate and Reactivate license in TallyPrime ?
– How to migrate Tally.Erp 9 data to TallyPrime ?
– How to Configure Company Data Path in TallyPrime ?
– How to split company data in tally ?
– How to Update License in TallyPrime ?
– Accounting Software For Small Business 2022
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Invoicing & Accounting
Built with intelligence to automatically generate different types of GST invoices like Tax Invoice, Bill of Supply and generate e-way bills without having to re-enter details in the e-way Bill portal. What’s more? You can automatically generate e-invoice and print invoices with IRN and QR code instantly.
Define Unlimited Groups, Categories, Batches, Locations/Godowns
If your business has multiple product lines and each product line needs segregation, you can do so easily with TallyPrime by defining unlimited groups, categories, batches and locations/Godowns.
Interest Calculations
When it comes to outstanding or credits management, you may charge interest on outstanding to the party. TallyPrime makes it easy by automatically calculating the interest either with Simple or Compound interest method and assists in accounting accrued interest into the books.
Multiple Bill Settlement
Using Bill Settlement option in TallyPrime, You have a faster method to clear a party’s bulk payments for multiple pending bills together.
Receivable And Payable Management
In TallyPrime, for each invoice, a unique bill reference is automatically generated to manage the outstanding.All you need to do is track the bill on accepting or making payments, and voila, it will be easy for you to track and match invoice, and get to know the pending bills.
Ageing Analysis
With TallyPrime’s ageing analysis report, you can easily identify the bills which are ageing from a long time and accordingly follow-up. The ageing style and ageing interval can be set according to your needs.
Interest Calculations
When it comes to outstanding or credits management, you may charge interest on outstanding to the party. TallyPrime makes it easy by automatically calculating the interest either with Simple or Compound interest method and assists in accounting accrued interest into the books.
Cash And Funds Flow
Get the status of cash flow and funds flow in a single click with TallyPrime. Track and plan the cash flow and allocate capital rightly for the smooth functioning of the business.
Credit Control Techniques
To ensure better credit management, you can set maximum credit limit based on the credibility of the customer. You will also be notified through an alert during a sales invoice if your customer has any overdue bills.
Cash Flow Projection
A cash flow projection considers various instance of anticipated inflow and outflow and accordingly projects the net balance available for a given period. Instant cash flow projection report in TallyPrime helps in planning your investment or spendings keeping in mind the expected inflow.
Few More Things You Can Do To Manage Cash Efficiently
- Send professional-looking reminder letters to your customers in a click.
- Get to know the average time your customers take to actually pay their bills through payment performance report.
Get 360 Degree View of Your Business Via Insightful Business Reports In TallyPrime
Accounting Reports
- Ledger Reports
- Cash/Bank Books
- Purchase/Sales register
- Bills Receivables
- Bills Payables
- Receipts and Payments
- Day book
Financial Reports
- Balance Sheet
- Profit & Loss A/c
- Trial Balance
- Ratio Analysis
Inventory Reports
- Stock Summary
- Stock Aging Analysis
- Movement Analysis
- Stock Transfers
- Stock Item Cost Analysis
- Location/Godown Summary
- Stock-Item-wise Profitability
- Order Summary
- Batch Summary (Mfg. & Exp.Date)
- Re-order Status Reports
Management Control Reports
- Cost Centre
- Cost Category
- Budget
- Cash Flow Report and Projection
- Funds flow