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Today’s businesses need to manage their inventories with precision. TallyPrime is converting the accounting, taxation, and inventory management of Indian SMEs and other growing enterprises into a simplified and powerful solution.
As a Cevious-certified partner, we have more than 17 years of experience helping thousands of businesses optimize their operations using TallyPrime. We provide cloud-based tailored solutions with experts available 24×7 . In this post we list the top 10 features of TallyPrime that enhance accuracy and control operational costs for businesses.
TallyPrime allows real time monitoring of stock held across godowns and other operational locations. Balancing understocking or overstocking situations is easy through instant visibility to stock quantity, value, and movement.
Cevious Tip: Pair your system with our Cloud Auto Data Backup for uninterrupted currency data safety guarantees.
Branches, showrooms or other designated storage locations can be treated as multiple godowns within Tally Prime enabling stock movement tracking for each location separately making it easy to monitor all distributed godown systems simultaneously.
Reduction in complexity regarding stock transfers between locations and master reconciliation is enabled along with simplification of cross-location movements tracking and stock reconciliation processes.
TallyPrime allows you to track batch and manufacturing information along with expiry dates for businesses dealing with perishables or in the pharmaceutical industry.
Minimize product wastage with inventory management systems like FIFO (First-In-First-Out) tracking that ensures the oldest stock is sold first.
Define reorder levels, minimum stock limits, and maximum stock caps for every item in your inventory. TallyPrime triggers alerts whenever stock goes below the defined level which gives you a chance to restock just in time.
Avoid losing sales and cut down on unnecessary storage expenses by tackling overstocking antiques.
Organize inventory into groups for easier tracking, reporting, and analysis automation. With UOMs (units of measurement), multiple item types such as pieces, kgs, liters can be created to enhance precise valuation.
Ideal for complex inventories with many diverse SKUs.
TallyPrime has sophisticated features including real-time reporting to provide critical insights and make data-driven decisions live.
These include stock summary reports, movement analysis, item wise profitability calculation godown summaries, and stock valuation report generation of your choice through advanced customization with Cevious.
Less sophisticated tools would separate accounting from inventory management but TallyPrime incorporates these features so all ledger entries are made automatically using dedicated accounts tied to purchase documents and sales records ECMAD upon executing stock take instructions along with instant reflection of any given book on his ledgers during pending transactions like adjustments and returns/voids on active books enactment forward.deflection balancing.pivoted transact-row interruptions .
Minimize manual mistakes and save time on reconciliations and audits.
TallyPrime provides the ability to prepare purchase and sales invoices with complete inventory details such as description, quantity, batch, price, discount(s), GST filed etc.
With Cevious add-ons for digital invoicing, customization for branding elements such as logo, auto email integration trademarks and digital signatures can also be included making the invoice more presentable or tailored to business needs.
For manufacturers TallyPrime aids in Bill of Materials (BOM), job costing and job order processing. Specify raw material requirements and closely monitor consumption against wastage as well as production output.
Perfect for garment industries, food processing and fabrication plants, electronics manufacturing companies.
Through custom modules offered by Cevious, barcode scanning and printing is also supported within TallyPrime which accelerates inventory entry, stock accuracy, billing efficiency among other tasks.
Merge with our Retail Barcode Module for use at POS terminals for retail trade operations.
Bonus: TallyPrime On Cloud – Access Inventory Anywhere
When hosted on Cevious Cloud, TallyPrime becomes restricted to no location tethering. Your teams can manage inventory from any branch or warehouse—even the comfort of their homes—without security concerns or performance lags. Everything remains secure while functioning seamlessly.
Enjoy 99.9% uptime with encrypted backups and multi-user access along with expert management from certified professionals when hosted on Cevious Cloud.
Final Thoughts
Inventory is a major asset for businesses. Smart management can save money, enhance cash flow, and boost customer satisfaction. Having Cevious power TallyPrime gives you the edge over the competition and enables you to access all the tools easily.
Have a question about optimizing your inventory processes?
Reach out with Cevious today if you want to upgrade to TallyPrime on Cloud or get advanced modules installed for a free consultation.
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