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Understanding UDYAM Registration: A Comprehensive Guide.

In India micro, small and medium-sized businesses (MSMEs) have many hurdles when it comes to maintaining their operations as well as expanding their businesses. They MSMEs are having a difficult time getting loans or cred it from financial institutions and banks. This is why many MSMEs have to shut down their businesses despite employing more than 100… Continue reading Understanding UDYAM Registration: A Comprehensive Guide.

MSME Payment Rule Changes from 1st April 2024: A Quick Guide.

The Government of India has introduced many schemes and incentives to help micro, small, and medium enterprises (MSMEs). These schemes, such as UDYAM registrations, ensure that MSMEs get easy credit access. This helps them continue their business operations without any disruptions. One such benefit that the government offered MSMEs is the 45-day and 15-day payment… Continue reading MSME Payment Rule Changes from 1st April 2024: A Quick Guide.

Inventory Forecasting for Small Businesses.

A crucial aspect of inventory management that even small firms should be focusing on is the process of forecasting inventory. Planning your inventory correctly will allow you to improve your profits, avoid shortages and stock-outs, handle the surplus inventory, and lower expenses in the long term. What exactly is inventory forecasting about and how can it benefit… Continue reading Inventory Forecasting for Small Businesses.

The story of the storage prior to the actual story.

There are too many STO’s!! Stop wasting my time! Let’s get in. Storage of data has existed as a requirement for computing since the beginning of computers as a tool. However, there is always the need for a brand new DB or a brand new filesystem for the industry. What’s the point for having a variety of databases, when… Continue reading The story of the storage prior to the actual story.

Moving to New Financial Year.

It’s that time of year when the business owners, along with their financial staff, hustle and flutter around trying to make sure that their financial statements and books perfect. You’re correct! The new fiscal year is just about to start. The additional push that businesses and their teams in the final couple of weeks in the year’s… Continue reading Moving to New Financial Year.

How to create and use barcodes for inventory management with TallyPrime.

TallyPrime, one of the most popular business management programs, allows you to take complete control of your inventory. You can manage, track, and reorder it, among other things. One of its most important features is barcode assignments. TallyPrime allows you to assign barcodes quickly to your inventory. This makes tracking and inventory management a breeze. How can… Continue reading How to create and use barcodes for inventory management with TallyPrime.

Multi-Location Inventory Management – A Definitive Guide.

Nowadays, a lot of Indian retail companies, such as Spar, DMart, and similar stores, have locations all over the nation. Although these large companies have the capacity to manage multiple stores across various locations, smaller to medium-sized companies have a difficult time. They typically find managing inventory difficult, and this becomes more complicated when they open stores… Continue reading Multi-Location Inventory Management – A Definitive Guide.

Warehouse Inventory Management: A Complete Guide.

It is important to understand that the management of your warehouse inventory will determine the profitability of your company. It is particularly true for small business. Properly managed warehouse inventories have a positive impact on the order fulfillment, delivery and customer satisfaction. This all translates to increased sales and profits. To manage warehouse inventory, you must follow… Continue reading Warehouse Inventory Management: A Complete Guide.

Using QuickBooks? Here’s Why Tally is the Right Fit for your Business.

Are you looking for a hassle-free way to migrate your data as QuickBooks closes operations in India? Your business will benefit from a migration to TallyPrime. TallyPrime, a business management program trusted by over 2 million companies, is a complete software solution that simplifies the accounting process, provides accurate accounting, manages inventory seamlessly, and more. 8… Continue reading Using QuickBooks? Here’s Why Tally is the Right Fit for your Business.

Streamlining Payments and Compliance to MSMEs by streamlining compliance and payments with TallyPrime 4.1

Oops! I didn’t make the payment as that it was due in 45 credit days, however it was meant to be paid within 15 days. I waited for the payment to be paid however, I later discovered that my provider is a micro-business that is registered under MSMED Act. If you’re working MSMEs, we’re sure that you’ve… Continue reading Streamlining Payments and Compliance to MSMEs by streamlining compliance and payments with TallyPrime 4.1