Tally Prime is a business management software developed by Tally Solutions, primarily used by small and medium-sized enterprises (SMEs) in India and other countries. It is a more advanced and user-friendly version of the older Tally ERP 9 software.
🌟 Key Features of Tally Prime:
✅ 1. Accounting & Financial Management
Manages books of accounts, vouchers, ledgers, and journals.
Automatically calculates and maintains balance sheets, profit & loss, cash flow, and fund flow.
✅ 2. GST (Goods & Services Tax) Support
In-built GST compliance.
Auto-generates GST returns like GSTR-1, GSTR-3B.
E-invoicing and e-way bill generation support.
✅ 3. Inventory Management
Stock categorization, batch tracking, and godown-wise stock handling.
Helps in tracking inventory movement, reorder levels, and costing.
✅ 4. Payroll & Employee Management
Salary processing, attendance tracking, and statutory deductions like PF, ESI, TDS.
✅ 5. Banking
Cheque management, bank reconciliation, and payment instructions with support for multiple banks.
✅ 6. Multi-user and Multi-location
Can be used in LAN and remote environments.
Syncs data across multiple branches.
✅ 7. Simple UI & Navigation
Easier to use than older versions.
Search bar, "Go To" feature, and multiple views for reports.
🔍 Why Businesses Use Tally Prime:
Easy to learn and use, even for non-accountants.
Cost-effective solution for Indian businesses.
Comprehensive reports for decision-making.