Everything your business needs. All in TallyPrime.

What TallyPrime does

1. Inventory

   Stock from the purchase to the finished good, valued the way you choose.

   

   • Items and locationsGroups, categories, batches and locations, as many as the business has.
   • UnitsBuy in one unit and sell in another, with compound units and floating conversion.
   • Bill of materialComponents, quantities, by-products and scrap for each finished good.
   • Manufacturing journalRaw material consumed, finished goods out, scrap recorded in one entry.
   • Job workMaterial sent out and received back, from either side of the job.
   • Batch and expiryManufacturing and expiry date per batch, with days left shown.
   • Reorder levelsMinimum and reorder levels, and a report of what to buy and how much.
   • ValuationFIFO, LIFO, average, standard or last purchase cost, chosen per item.

   Next stop: Invoicing and accounting
2. Invoicing and accounting

   From the price list to the bill, and the outstanding it leaves behind.

   

   • Price levelsSeparate rates for wholesale and retail, with quantity slabs and discounts.
   • Order or directRun sales and purchase through orders, or bill straight away. Both work.
   • Invoice templateReady-made formats with your logo, watermark, address and terms. Goods and services billed in separate formats.
   • Foreign currencyQuote, bill and receive in another currency. Forex gain or loss is worked out for you.
   • Bills trackedSaving the invoice opens a bill reference, so receivables and payables keep themselves.

   Back to InventoryNext stop: UAE VAT
3. UAE VAT

   VAT set up once and worked out on every voucher, through to the VAT 201.

   • VAT ratesRates set once on the item or ledger, and applied on every voucher.
   • Every kind of supplyDomestic, reverse charge, zero-rated, exempt, designated zone and intra-GCC.
   • Arabic invoicesTax and POS invoices in Arabic and English, or either one alone.
   • VAT 201 onlineUpload, submit and download the return on EmaraTax from inside Tally.
   • UAE e-invoicingE-invoices exchanged from inside Tally, one by one or in bulk, through Tally's own accredited service provider.
   • Errors caught firstThe return checked for mistakes before it goes out.
   • FTA audit fileThe audit file in the format the Federal Tax Authority prescribes.

   Back to Invoicing and accountingNext stop: Banking
4. Banking

   From the bank statement to a reconciled book, and payments out the other way.

   

   • Statement importImport the statement and Tally writes the payment and receipt vouchers.
   • ReconciliationAuto-reconciliation, with matches suggested for what is left.
   • ChequesSeveral cheque books per bank, printing formats for most banks, and a cheque register.
   • Deposit slipsCash and cheque deposit slips from the note denominations you enter.

   Back to UAE VATNext stop: Credit and cash flow
5. Credit and cash flow

   Who owes what, for how long, and what the bank balance will be next month.

   

   • Credit limitA limit per customer, and a warning on the invoice when bills are overdue.
   • Bill-wise outstandingEvery payment matched against the bill it settles.
   • AgeingOutstanding bills by how long they have been due.
   • InterestSimple or compound interest on overdue bills, posted to the books.
   • RemindersReminder letters, and how many days each customer takes to pay.
   • Cash flow projectionCash flow and funds flow statements, and a forecast for the period ahead.

   Back to Banking