Here are the main features of Tally Prime, broken down into categories to make them easy to understand:
๐ 1. Accounting Management
Voucher entry system (Sales, Purchase, Payment, Receipt, Journal, etc.)
Multi-currency support
Automatic profit & loss, balance sheet, and trial balance generation
Cost center & cost category tracking
๐ 2. Inventory Management
Create and manage stock groups, items, godowns
Track batch numbers, expiry dates, item-wise costing
Reorder levels, stock movement, and valuation methods
Manage multiple units of measurement
๐งพ 3. GST & Taxation
Full GST compliance with automated tax calculation
GSTR-1, GSTR-3B, and GSTR-9 reports
E-invoicing and e-way bill generation
TDS, TCS, and payroll statutory support
๐จ๐ผ 4. Payroll Management
Define employee groups and salary structures
Process salary, PF, ESI, professional tax, loans, advances
Generate payslips, employee-wise reports, and attendance records
๐ฆ 5. Banking Features
Auto bank reconciliation
Cheque printing & tracking
Generate and manage payment advice, deposit slips, and banking summaries
๐ 6. Reporting & Analysis
400+ inbuilt financial & business reports
Drill-down from summary to transaction level
Reports like cash flow, fund flow, ratio analysis, inventory summary
Real-time updates and filterable views
๐ 7. Multi-User & Multi-Location Access
Manage multiple companies in one software
Remote access and multi-user licensing
Ideal for businesses with branches, warehouses, or franchises
๐ 8. Security & User Control
Role-based access for different users (e.g., accountant, manager)
Data encryption and backup
Audit trail to track who made what changes (from Tally Prime Edit Log version)
๐ ️ 9. Customization & Extensibility
Supports TDL (Tally Definition Language) for custom modules and features
Easily integrates with other software using Tally API
๐ 10. Ease of Use & Navigation
New "Go To" feature helps jump directly to any report or screen
Multi-screen capability—view multiple reports at once
Auto-save and data recovery features