TallyPrime

  • Simple to learn, easier to use: Getting started with TallyPrime is extremely simple. You can setup the application in less than a minute and get started with invoicing even faster. It just works the way you expect it to. And with the consistency and intuitiveness in design, you will be able to discover more and learn easily, as you are using TallyPrime.
  • Insightful, actionable & customizable reports: TallyPrime comes with a diverse set of readily available business reports with powerful and actionable insights, helping you make informed decisions for your business growth. Be it business relationships, cash or inventory, these reports will help you manage all these aspects better with extremely easy discovery and navigation
  • Anywhere, anytime and secure access: With TallyPrime, you can access business reports from web browser, wherever you are, and with the promise that your data is available only to you. This comes along with multiple user and feature based security levels. And an additional layer of security called TallyVault, that ensures encryption which no one in the world can break, not even us at Tally.

Key features,

  • Comprehensive Financial Accounting: Manage all your financial transactions, including sales, purchases, receipts, and payments, to ensure accurate and up-to-date records.
  • Multiple Accounts Management: Handle multiple ledgers, bank accounts, and cash accounts efficiently, providing a clear view of your financial status.
  • GST-Compliant Accounting: Automatically calculate GST and maintain GST-compliant records for your business, ensuring seamless tax filing and reducing errors.
  • Accounts Payable and Receivable: Simplify and automate the management of accounts payable and receivable, helping you track outstanding payments and invoices.
  • Bank Reconciliation: Reconcile your bank transactions with your books to ensure accurate records, and easily identify discrepancies for swift corrections.
  • Financial Reporting: Generate detailed and customized reports such as Profit & Loss, Balance Sheet, Cash Flow, and Trial Balance to analyze the financial health of your business.
  • Cost Centers and Profit Centers: Track costs and revenues at a granular level by creating cost and profit centers, enabling better financial control and analysis.
  • Budgeting and Forecasting: Create budgets and compare actual vs. budgeted figures to monitor financial performance and plan effectively for the future.
  • Multi-Currency Transactions: Easily manage financial transactions in multiple currencies, with automatic conversion and accurate reporting for international operations.
  • Taxation Management: Ensure compliance with local and international tax regulations by managing taxes, generating reports, and filing returns directly from Tally Prime.

With Tally Prime’s **Accounting and Financial Management**, businesses can streamline financial operations, maintain accurate and compliant records, and gain valuable insights for better decision-making and growth.

Key features,

  • Stock Management: Effortlessly manage stock levels, track inventory, and ensure accurate records of products across multiple locations.
  • Real-Time Stock Updates: Get real-time updates on stock movements, including purchases, sales, and adjustments, allowing you to make informed decisions.
  • Batch and Serial Number Tracking: Track products using batch numbers and serial numbers for better control and traceability of your inventory.
  • Multi-Warehouse Management: Manage inventory across multiple warehouses, locations, or stores with centralized reporting for accurate stock visibility.
  • Inventory Valuation: Choose between different methods such as FIFO, LIFO, and Average Costing for precise inventory valuation and accurate cost of goods sold (COGS).
  • Stock Ageing Analysis: Analyze stock age and movement patterns to identify slow-moving inventory and make data-driven decisions about stock clearance or replenishment.
  • Automatic Reorder Alerts: Set minimum stock levels for automatic reorder alerts to prevent stockouts and ensure continuous product availability.
  • Inventory Reports: Generate comprehensive reports such as stock summary, stock movement, and stock valuation to analyze inventory health and performance.
  • Purchase and Sales Integration: Seamlessly integrate inventory management with purchase and sales transactions, ensuring your stock levels remain up to date with every transaction.
  • Multi-Currency Support: Manage inventory in multiple currencies for international businesses, ensuring accurate reporting of inventory costs and profits across regions.

With Tally Prime’s **Inventory Management**, businesses can efficiently manage their stock, minimize wastage, ensure accurate inventory levels, and streamline the entire supply chain process.

Key features,

  • GST-Compliant Invoicing: Create GST-compliant invoices with all necessary details such as GSTIN, tax rates, and amounts, ensuring adherence to tax regulations.
  • Automatic GST Calculation: Automatically calculate GST for sales and purchases based on the applicable tax rates, minimizing errors and ensuring accurate tax calculation.
  • GST Return Filing: Easily generate GST returns like GSTR-1, GSTR-3B, and GSTR-9, and file them directly through Tally Prime, saving time and reducing manual effort.
  • GST Reports: Generate detailed GST reports, including tax summaries, GST liability, and input tax credit (ITC) reports, to stay compliant and manage tax obligations.
  • Tax Ledger Management: Manage and track all your tax-related transactions with dedicated tax ledgers for accurate bookkeeping and tax reporting.
  • GST Tax Rates Configuration: Set up custom GST tax rates for different products and services, ensuring that all transactions are properly taxed as per current regulations.
  • Tax Deducted at Source (TDS) and Tax Collected at Source (TCS): Manage TDS and TCS seamlessly, ensuring compliance with tax deduction and collection obligations.
  • GST Reconciliation: Perform GST reconciliation to match your books with GST returns, ensuring that your tax filings are accurate and in line with the government’s records.
  • GST Filing Reminders: Get timely reminders for GST filing deadlines, ensuring that you never miss a return filing date and avoid penalties.
  • Multi-State GST Compliance: Manage GST compliance across multiple states with state-wise tax calculations, returns, and reporting, perfect for businesses operating in different regions.

With Tally Prime’s **GST Compliance and Taxation** features, businesses can simplify tax management, ensure GST compliance, automate tax filing, and streamline the entire tax process for enhanced efficiency and accuracy.

Key features,

  • Employee Records Management: Maintain comprehensive employee records, including personal details, job profiles, and salary information, for easy access and management.
  • Automated Payroll Processing: Calculate salaries, bonuses, and deductions automatically, ensuring timely and accurate payroll processing every month.
  • Customizable Pay Structures: Create and manage customizable pay structures based on various components like basic salary, allowances, and deductions.
  • Tax Computation and Compliance: Automatically calculate income tax, Provident Fund (PF), Employee State Insurance (ESI), and other statutory deductions, ensuring compliance with tax laws.
  • Salary and Deduction Reports: Generate detailed salary statements, payslips, and deduction reports for better visibility and transparency in payroll management.
  • Employee Benefits Management: Track and manage employee benefits, including leave entitlements, overtime, medical reimbursements, and other company-specific benefits.
  • Direct Deposit Integration: Integrate payroll with direct deposit systems to automate salary payments to employees’ bank accounts, ensuring quick and hassle-free disbursements.
  • Payslip Generation: Automatically generate payslips in a compliant and professional format and distribute them to employees digitally or print them.
  • Compliance with Statutory Requirements: Ensure adherence to local labor laws and regulations, including tax laws, employee provident fund (EPF), ESI, and professional tax (PT).
  • Leave and Attendance Management: Track employee attendance, leaves, and absenteeism automatically, ensuring accurate leave accruals and deductions.

With Tally Prime’s **Payroll Management**, businesses can automate payroll processing, ensure compliance with statutory requirements, generate accurate salary reports, and simplify employee benefit management for a smoother and more efficient payroll cycle.

Key features,

  • Comprehensive Financial Reports: Generate detailed financial reports such as Profit & Loss, Balance Sheet, Cash Flow, and Trial Balance to evaluate the financial health of your business.
  • Customizable Reports: Customize reports based on specific criteria, such as date range, account type, or product, for better analysis and decision-making.
  • Real-Time Analytics: Access real-time business performance data, enabling you to make quick, data-driven decisions for your business.
  • Sales and Purchase Reports: Analyze sales and purchase trends with detailed reports, helping you track business performance, identify opportunities, and manage cash flow effectively.
  • Inventory Analysis: Get in-depth insights into stock levels, stock movement, and aging reports to optimize inventory management and reduce wastage.
  • Tax Reports: Generate GST, TDS, and other tax-related reports for accurate tax filing and to ensure compliance with government regulations.
  • Multi-Company Consolidation: Consolidate data from multiple companies to generate combined financial reports, simplifying group-level reporting and analysis.
  • Data Visualization: Use graphs, charts, and dashboards to visualize key performance indicators (KPIs) and trends for easier interpretation of complex data.
  • Cash Flow Analysis: Track your business’s cash inflow and outflow to maintain liquidity and plan for future financial needs.
  • Comparative Analysis: Compare financial performance across different periods or departments to identify growth patterns and areas for improvement.

With Tally Prime’s **Business Reporting and Analytics**, businesses can access comprehensive, real-time reports, gain valuable insights, and make informed decisions to drive growth, improve operational efficiency, and ensure financial stability.

Key features,

  • Multi-User Support: Enable multiple users to access and work on Tally Prime simultaneously with different roles and permissions, improving team collaboration and efficiency.
  • User Role and Permission Management: Set specific roles and permissions for each user to control access to sensitive financial data, ensuring data security and privacy.
  • Remote Access: Access Tally Prime from anywhere, anytime through secure remote login, ensuring business continuity and flexibility for teams working from different locations.
  • Centralized Data Access: With multi-user capabilities, all users can access the same data in real time, ensuring consistency and accuracy across the organization.
  • Cloud Hosting: Host Tally Prime on the cloud for seamless access and enhanced collaboration between team members, no matter where they are located.
  • Data Synchronization: Ensure that all users’ data is synchronized in real time, eliminating the risk of discrepancies and allowing teams to work together without interruptions.
  • Mobile Access: Access Tally Prime through mobile devices with dedicated mobile apps, providing on-the-go access to your financial data and reports.
  • Audit Trail: Track all user activities and changes made to the system, providing a transparent audit trail for security and compliance purposes.
  • Scalable Access: Scale up or down the number of users as needed, ensuring that Tally Prime adapts to the growing needs of your business.
  • Secure Data Transmission: Ensure secure data transmission using encryption and secure channels, protecting sensitive business information when accessed remotely.

With Tally Prime’s **Multi-User and Remote Access** features, businesses can collaborate more effectively, access financial data from anywhere, ensure data security, and provide flexible working options for their teams.

Key Features

  • Multi-Currency Support: Tally Prime allows businesses to manage transactions in multiple currencies. Automatically convert and track expenses, income, and balance sheet values in various currencies for accurate reporting.
  • Real-Time Exchange Rate Updates: Tally Prime provides real-time exchange rate updates, ensuring that currency conversions are accurate and up-to-date based on the latest market rates.
  • Multi-Currency Reporting: Generate financial reports in different currencies, allowing you to analyze your business’s performance across international markets without the need for complex manual calculations.
  • Seamless Currency Conversion: Effortlessly handle foreign currency transactions, and let Tally Prime automatically convert values based on the current exchange rate for more accurate financial management.
  • Multi-Language Support: Tally Prime is available in multiple languages, allowing you to operate in your preferred language. This feature ensures that users from different regions can work with ease and efficiency.
  • Language-Specific Customization: Customize invoices, reports, and documents in your preferred language, ensuring that your business communications are tailored to your target audience.
  • Unified Global Operations: Whether you’re operating in multiple countries or dealing with clients/vendors in different languages and currencies, Tally Prime integrates all your business data into one unified system, making global operations seamless.
  • Easy Switch Between Languages and Currencies: With Tally Prime, easily switch between different currencies and languages, making it adaptable to changing market conditions and business needs.

Tally Prime’s **Multi-Currency and Multi-Language Support** empowers businesses to manage operations and transactions across different regions, currencies, and languages effortlessly. This feature is ideal for international businesses and enterprises with a global footprint.