Being comprehensive business management software, Tally Prime caters to the requirements of your growing business in many ways. Starting from invoicing, accounting, inventory, payroll, taxation, and much more, Tally Prime is your one-stop solution to all your business needs.
Being an intuitive software migrating from QuickBooks to Tally Prime will simplify your business processes. Here’s how Tally Prime is a better alternative than any other accounting software:
Invoicing and accounting: For any business, generating invoices is the key to ensuring seamless business function. With Tally Prime, you can start generating professional-looking invoices that suit your business needs within seconds. The software also offers a fleet of features like multi-currency support, flexible sales and purchase management, multi-billing format, seamless receivables, payables management, and much more to support your business requirement.
Stock management: Managing inventory is one of the crucial aspects of any thriving business. With Tally Prime, businesses can now organize their inventory by defining them into unlimited batches and categories like product type, brand, color, and more. With a wide array of inventory reports like stock summary, aging analysis report, and item-wise profitability, it’s easier to keep track of the stock movement and manage them efficiently. Additionally, Tally Prime allows you to manage multiple warehouses or godowns easily.
In-depth Reports: Business reports are critical when managing your business efficiently. With Tally Prime’s Reporting module, you get access to 400+ business reports that provide you a 360° insight into your business, which help in better analysis, providing crucial insights in one place. What’s more? If you are moving from QuickBooks to Tally, then you get access to the powerful search bar ‘Go To’ feature that simplifies the discoverability of all financial reports. You can navigate the search bar and look for any report you want to view by simply typing out the name, which will instantly appear on your screen.
Banking: With a host of intuitive features like auto bank reconciliation, predefined cheque printing formats, cheque management, e-payments, and more, Tally Prime makes banking an easy task for your business. The software ensures that you are updated with on-time product upgrades that support new banking formats, e-bank statements, and more. Additionally, it makes tracking and managing post-dated cheques an easy task.
Enhanced Security Management: Data security is a crucial aspect of any business. If you migrate from QuickBooks to Tally, then you’d be happy to know that Tally Prime allows you to create multiple security levels, define user-level rights, and much more, thereby keeping your data safe and secured. Additionally, you can create multiple users, assign security levels based on the role, assign passwords and deactivate the users.
Payroll Management: Managing employee payroll is a crucial aspect of any business. With a fleet of predefined processes, managing employee payroll is a seamless task with Tally Prime. Smartly manage employee payroll with Tally Prime. Additionally, you can categorize employees based on job function, department, and more. Tally Prime also allows you to define salary structures at the Employee Group level, manage multiple attendance types, and generate statutory reports like PF, ESI, PT, gratuity, and income tax.