Flexible system for optimal inventory management
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.
Flexible units of measure
Handling real-time complexities like ‘the requirement to buy in one unit and sell in another’, ‘Stock Items required to be quantified in more than one unit’, ‘measuring the unit of stock item with floating conversions’ etc. is no more a tedious task with TallyPrime. The flexible units of measure in TallyPrime allows you to manage and quantify the stock the way you want.
Manufacturing journal
Record the entire cycle of manufacturing activity using TallyPrime. Record raw materials involved, track godowns from where the raw material is dispatched and their purchase costs. Record the details of finished goods, by-products and scrap yielded.
Bill of material
The comprehensive Bill of Material (BoM) feature in TallyPrime allows you to define the raw materials, assemblies, parts and components, along with quantities of each inventory, needed to manufacture a finished product. You can also define the by-products, co-products and scrap in BOM of finished products.
Re-order level
Reorder level feature in TallyPrime ensures you never run out of stock. In real-time, get to know the stock that must be replenished along with the right quantities. You can set reorder and minimum order levels and automatically generate the report that helps you know the shortfall and quantities to be ordered.
Multiple stock valuation
TallyPrime lets you value your closing stock using different stock valuation methods. The flexible stock valuation method allows you to set different stock valuation method for each item based on your requirement. TallyPrime supports the following stock valuation methods.
- Average Cost
- FIFO
- FIFO Perpetual
- Last Purchase Cost
- LIFO Annual
- LIFO Perpetual
- Std. Cost
- Monthly Avg. Cost
- At Zero Cost
Job work
With TallyPrime’s powerful Job work feature, you can manage job work process both as principal manufacturer and job worker. You can record material issues, receipts, consumption of materials supported by job work reports to give complete visibility of job status and material status.
Manufacture and expiry date management
Manufacture and expiry date management is crucial for business dealing with products having defined shelf life or short durability. With TallyPrime, you can maintain stock in batches with manufacturing and expiry dates and get a complete visibility of batch details such mfg date, expiry date, no of days till expiry etc..
Additional inventory management features in TallyPrime
- Flexible inventory management system to handle exceptions so that no crucial information stays outside the system and help you make informed decisions
- Variety of inventory reports such as stock summary, aging analysis report, item-wise profitability etc. help you to keep a watch on stock movement and manage your inventory more efficiently
- Using Job costing feature in TallyPrime you can track cost and revenue information like material, labour, and overhead for each job, down to the smallest detail
- Effectively track and ascertain the procurement cost, landing costs, manufacturing or production costs, order cost or profit, and job cost or profit, using item cost tracking feature in TallyPrime
Business reports in TallyPrime
With TallyPrime, you get access to a wide range of reports that help you analyse business performance and improve decision-making. What’s more? You can access business reports on your mobile or any device, from anywhere. Experience now with the sample data.
Accounting Reports
Financial Reports
Inventory Reports
Management Control Reports
Accounting Reports
Accounting Reports
- Ledger reports
- Cash/bank books
- Purchase/sales register
- Bills receivables
- Bills payables
- Bills ageing analysis
Financial Reports
Financial Reports
- Balance sheet
- Profit & loss A/c
- Trial balance
- Ratio analysis
Inventory Reports
Inventory Reports
- Stock summary
- Stock ageing 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
Management Control Reports
- Cost center
- Cost Category
- Budget
- Cash flow report and projection
Don’t just take our word for it! Give it a try
Tally’s Prevention, Detection and Correction mechanism ensures that your books are always accurate – from GST returns to reconciliation, hence giving you the confidence that the returns you file are always correct!