TallyPrime-5

The standard price is a predetermined price set for selling the goods. If you have set a standard cost for […]

Credit Note is a document issued to a party stating that you are crediting their Account in your Books of Accounts

You need to record the increase in sale value due to situations where you have recorded the sale with the

You may deal with multiple variants of an item, say appliances of different motor capacities or services in different packages.

In your business, if you are following the process of raising a sales order for each sales transaction, you can

When the order is placed with the suppliers for the supply of goods, the items, quantities, date of receipt, and

A Bill of Materials is a list of constituent items along with quantity details that can be allotted for the manufacture of

In TallyPrime, you can create different Price Levels and assign different Price Lists to these Price Levels. For example, you

TallyPrime provides you with an online e-invoicing solution that fits right into your regular invoicing process. e-Invoicing in TallyPrime is

Reverse Charge Mechanism (RCM) is the process of payment of GST by the receiver instead of the supplier. In this case,

Physical Stock Voucher is used for recording the actual stock which is verified or counted.  It could happen that the

When you send goods to a third party for consignment sales, you can use godowns to manage the stock. The

In your business, you may be managing the inventory in multiple physical locations, such as shops, warehouses, bins, racks, cabinets,

In a business, at any point in time, it is crucial to maintain sufficient stock to meet customers’ demands. TallyPrime

If you maintain inventory or stock items in lots, you can store them using the Batches feature in TallyPrime. Batches

TallyPrime’s 24 pre-defined voucher types for accounting, inventory, payroll, and orders make accounting entry a layman’s job. No matter if

From the Stock Summary, you can view your stock details including the quantity and value of your company’s stock. In

When a company wants to maintain inventory separately or when the stock reports in the system and godown are different,