Download Tally Prime Features and Specification

You can install the software; activate the license and start running your business on Tally within minutes.

There are no pre-requisites, procedures, or set rules to follow. No strong accounting background is required.  

It is a complete product that retains its original simplicity yet offers comprehensive business functionalities such as Accounting, Finance, Inventory, Sales, Purchase, Point of Sales, Manufacturing, Costing, Job Costing, Payroll, and Branch Management along with capabilities like Statutory Processes, excise, etc.

Tally Prime – Feature Highlight

Accounting & Finance

No matter what’s the size of your business or to which industry it belongs, Accounting and Finance are crucial to its functioning.

With Tally’s accounting prowess, you can accurately plan purchases, manage working capital and improve cash flow for your organization.

It allows you to keep a check on expenditures, handle exceptions in business processes and manage your financials in a better fashion.

The Key Features are:

• Receivables & Payables Management
• Credit Management
• Maintain Multiple Companies
• Fund Flow & Cash Flow
• Unlimited Cost & Profit Centers
• Multi-Currency Accounting
• Interest Calculation
• Flexible Classification of Chart of Accounts
• Unified Groups and Ledgers
• Consolidation of Companies
• Budgets & Controls View
• Contact Details at Report Level

Inventory Management

Stay up-to-date with your inventory level at all times and effectively tracks your stock at single or multiple locations.

With Tally Prime, you can record all inventory transactions easily and comprehensively using goods receipt notes, delivery notes, stock transfer journals, manufacturing journals, and physical stock journals.

• Godown wise reports
• Multiple units of measure
• Item-Wise & Invoice-Wise Profitability
• Multiple Stock Valuation
• Stock wise summary report
• Item Batch-Wise Details
• Grouping & Categorization of Stock Items
• Reorder Levels

Sales Management

Sale is the key source of revenue for most organizations. Streamlining your sales processes will help you take your business to newer heights.

With Tally Prime, you can perform quick and easy invoicing, manage rejections and track your sales to the last level. You can support your business decisions with accurate stock status and sales information, thus increasing operational efficiency.

The key features are:

• Sales Orders Processing
• Stock Query from Invoice
• Price List & Discount Management
• Item-Wise & Invoice-Wise Profitability
• Item Batch-Wise Details
• Multi-Level Classification of Items
• Sales Registers

Purchase Management

Purchases form a significant component of total expenditure. Therefore, it becomes essential for you to track purchases from one end to the other and plan the manufacturing cycle accordingly.

Tally Prime enables you to instantly check the status of stock available, and know overdue orders and pending incomings that help you manage inventory requirements.

The key features are:

• Purchase Invoicing
• Purchase Orders Processing
• Reorder Levels
• Item Batch-Wise Details
• Additional Cost of Purchase
• Purchase Registers

Manufacturing & Job work

Managing job work and tracking raw material consumption is essential for all manufacturing entities. It not only helps you track the movement of stock but is also essential for efficient management of manufacturing processes.

Handle multiple combinations of raw materials or components to produce a product with Tally Prime’s multi-BoM capability. Not just this, you can enjoy a host of other manufacturing capabilities like Warehouse wise tracking of stock, aging of stock, etc.

The key features are:

• Multiple Warehouse
• Multi Bill of Material
• Manufacturing Journal

Banking

Tally Banking makes automation and fast banking processes, a reality for your business.

The key features are:

• Bank Reconciliation
• Cheque Book Management
• Post-Dated Cheque Management
• Cheque printing
• Capturing Bank details and Transaction Types in Ledger, Cost centers, and employee masters
• Capture Transaction Types – ATM and Cards
• Calculate interest of bank accounts based on reconciliation date
• Printing beneficiary account number and Bank code on the Payment Advice

Payroll Management

Payroll management is an essential ingredient for a well-functioning and successful organization. Tally Prime lets you simplify payroll management for your business.

It allows you to efficiently manage your employee details and experience error-free processing of employee salaries.

The key features are:

1. Pay Slip Printing and E-Mailing
2. Employee Category/Group-Wise Pay Sheet
3. Employee Profile, Group & Category
4. Attendance Recording & Pay Process
5. Employee Pay Structure Management
6. Payroll Accounting
7. Payroll Exception Reports
8. Employee Profile Report
9. Payment Advice

MIS Reporting

MIS reports add to the intelligence, alertness, and awareness of business managers by providing them with relevant information required for effective decision-making, MIS reporting capabilities in Tally Prime allow you to instantly generate easy-to-use reports like stock aging and movement analysis, profit analysis, income and expenditure statements, exception reports, etc.

The key features are:

• Comparative Reports in Multi-Columnar Format
• Exception Reports
• Payment Performance of Debtors
• Stock Ageing Analysis
• Stock Movement Analysis
• Profit Analysis
• Job Costing Analysis
• Ratio Analysis
• Financial Statements (Balance Sheet and P&L )
• Income & Expenditure Statements
• Scenario Management

Internet-Based Capabilities

In the era of technology and business advancement, staying connected with your business is crucial to success. Tally Prime takes advantage of TSS to enable you to access your critical business information anywhere, anytime using its remote access capabilities.

What’s more, with on-demand synchronization, you can conveniently share your business data with your branch locations without the need for them to be simultaneously connected to each other.

Tally Prime also provides you with a host of other features that use the internet to help you manage your business requirements.

The key features are:

• E-Mailing of Documents and Reports
• Help & Support
• Online Access to Knowledge Base
• License and User Management
• Add-ons from Tally Shop
• Jobs & Recruitment

Data Security

Tally Prime security capabilities enable you to control all access rights to users on what data a user can access, write or modify.

These features help ensure a high degree of confidentiality of your business data, giving full control in the hands of the owner to ensure that the right data is made accessible to the right user.

Other security features of Tally Prime also enable you to encrypt your data, facilitate data backup processes to ensure data integrity, and also help keep a trail of data marked for Audit purposes.

The key features are:

• Manual Backup and Restore
• User-wise Security Control
• Tally Vault
• Tally Audit

Data Exchange

Quick and reliable exchange of data introduces ease of operation for your business processes. With Tally Prime, you can export information to a format that suits your needs along with transferring your data to other applications.

The key features are:

• Export Reports in Different Formats, like Excel, PDF, JPEG, and HTML
• Export & Import of Data Through XML
• Data Synchronization
• Tally ODBC
• Upload Data to HTTP Web Server

Miscellaneous

A host of other capabilities in Tally Prime have been developed to enhance efficiency, reduce time and minimize effort taken for various business processes.

The key features are:

1. Logo Printing
2. Any Date Based Reporting
3. Flexible Financial Periods
4. Split Financial Year
5. Multiple Stock Valuation
6. Flexible Units of Measure
7. Alternate & Compound Units of Measure
8. Multi-Location Stock Control
9. Physical Stock Verification
10. Post Dated Vouchers
11. Flexible Voucher Numbering
12. User-Defined Voucher Types
13. Multilingual (11 Indian Languages)
14. Index Printing for Multi-Account Printing
15. Grouping & Categorization of Stock Items
16. Percentage Based Reporting
17. Multi-Account Reporting
18. Running Balance Display in Ledger Voucher Reports
19. Multi Stock Duty Alteration
20. Context-Sensitive Help
21. Drill Down Display
22. Data Migration from Earlier Versions of Tally

Tally Prime is trusted software that is used by over 1.5 million customers in over 100 countries. Working with Tally Prime is extremely simple.

You can install the software; activate the license and start running your business on Tally within minutes. There are no pre-requisites, procedures, or set rules to follow. No strong accounting background is required.  

It is a complete product that retains its original simplicity yet offers comprehensive business functionalities such as Accounting, Finance, Inventory, Sales, Purchase, Point of Sales, Manufacturing, Costing, Job Costing, Payroll, and Branch Management along with capabilities like Statutory Processes, excise, etc.