- Accounting and Financial Management: Tally Prime offers comprehensive accounting features, including ledger management, invoicing, billing, bank reconciliation, cash flow management, and financial statement generation. It allows users to maintain accurate financial records and easily track income, expenses, and profitability.
- Inventory Management: With Tally Prime, you can efficiently manage your inventory by tracking stock levels, recording purchases and sales, generating stock reports, and handling stock transfers. It also supports features such as batch-wise and expiry management, stock valuation methods, and multi-location stock tracking.
- Statutory Compliance helps businesses comply with various tax and regulatory requirements. It supports GST (Goods and Services Tax) calculations, e-invoicing, e-way bill generation, TDS (Tax Deducted at Source) calculations, and other statutory requirements specific to different countries
- Tally Prime is an advanced accounting and business management software that helps businesses streamline their financial processes. It is an upgraded version of the popular Tally ERP software, offering enhanced features and improved user experience. Tally is widely used by small, medium, and large businesses for tasks such as accounting, inventory management, GST compliance, payroll management, and financial reporting.
Key Features of Tally Prime:
- Accounting & Financial Management: Allows businesses to manage all their accounting needs efficiently. It helps with bookkeeping, tracking financial transactions, and generating financial statements like balance sheets, profit & loss statements, and trial balances.
- GST Compliance: With built-in GST features, ensures that businesses comply with the Goods and Services Tax (GST) regulations. It helps generate GST-compliant invoices, manage tax calculations, and file returns easily.
- Inventory Management: simplifies inventory tracking by allowing businesses to monitor stock levels, manage purchase and sales transactions, and track product movements across multiple warehouses.
- Business Reports: The software provides real-time, customizable reports that help businesses make informed decisions. These reports cover areas such as sales, purchases, expenses, inventory, and taxation.
- Payroll Management: also supports payroll processing, enabling businesses to manage employee salaries, calculate taxes, generate pay slips, and ensure statutory compliance.
- Remote Access: offers cloud integration, allowing businesses to access their data remotely from any location, which is especially helpful for businesses with multiple branches or locations.
- User-Friendly Interface: The software is designed with an intuitive interface, making it easy for both accounting professionals and non-experts to navigate and use.
- Data Security: ensures secure data management with features like user access controls, data encryption, and automatic backups, safeguarding sensitive business information. also read
Software Products
TALLY PRIME
Tally Prime is an accounting software developed by Tally Solutions, an Indian company. It is the latest version of their flagship product, Tally ERP 9, with a more modern and user-friendly interface. Tally Prime is designed to simplify accounting and streamline business operations for small and medium-sized enterprises (SMEs).
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