Inventory management faces recurring challenges like inaccurate data, poor production planning, ordering errors, overstocking and unused inventory. These challenges obstruct businesses from reaching their optimal efficiency and goals. To mitigate these issues, businesses can leverage a business management software called, TallyPrime to streamline their inventory management. In this comprehensive blog post, we will explore the features and benefits of integrating inventory management with TallyPrime while covering the basics of inventory management. A] Understanding Inventory Management Invento ..read more

Around 80% of the small and medium businesses in India utilise TallyPrime business management software to manage their accounting and inventory needs. Whereas, AWS is a secure and cost-effective way to host data on the cloud. Integrating TallyPrime on AWS offers a secure and scalable solution for businesses, intending to boost their efficiency and productivity without location and device boundaries.  In this blog, we will explore the power of TallyPrime on AWS with its advantages while covering how to install Tally on the AWS cloud.  A] Understanding TallyPrime And AWS  TallyPri ..read more

Tally is one of the renowned software used by approximately 20 lakh businesses across 100 countries. It effortlessly allows businesses to record and track their day-to-day business activities and facilitate prompt decisions based on analysis. Material requirement planning (MRP) is an add-on module of tally software that helps businesses streamline their inventory management and boost profitability.  In this comprehensive blog, we will discuss the benefits of using tally for material requirement planning with its features and how to set up the MRP module in your tally software.  What ..read more

Tallyprime is a robust and efficient business management software that offers reliable and flexible tools for businesses to automate and streamline their various financial and management processes. Apart from that, TallyPrime works wonderfully when integrated with third-party software using API. It further saves lots of time and reduces the chances of error while offering increased business efficiency.  In this comprehensive blog, we are going to learn the basics of TallyPrime API Integration along with how to use it. Also, we will explore various third-party software that complies with T ..read more

TallyPrime is a powerful and widely used business management software. It offers exciting business features such as invoicing, accounting, and effortless inventory management, making it easier to manage daily tasks. However, TallyPrime becomes more powerful when integrated with WhatsApp. It lets businesses send documents or payment notifications directly to users in real time. In this blog, we will learn step-by-step procedures for TallyPrime WhatsApp integration while covering the benefits, practical application, security considerations, and some basic information about TallyPrime and WhatsAp ..read more

TallyPrime is a revolutionary product for businesses looking at automating and streamlining their operations. It is a sophisticated business management software from the famed Tally house. This new-age tool focuses on enhancing efficiency and transforming a business by seamlessly integrating all its operations. The sheer variety and simplicity of TallyPrime’s features make it an indispensable part of a company’s accounting system. The latest release of TallyPrime is TallyPrime 4.0. The new version is more advanced than the previous ones and is loaded with many exciting offerings. Features like ..read more

Digital payments have gained massive traction in commercial transactions as they offer a seamless experience for businesses and their customers. They provide a fast, convenient, safe, and economical mode to settle transactions. The fact that they can be easily integrated into your accounting system is the icing on the cake. TallyPrime has emerged as the numero uno choice for small & medium businesses to support them in their digital payment journey. It provides a wide array of features and a simple user interface to facilitate robust business growth with significant cost savings. TallyPrim ..read more

The ideology of e-invoicing for businesses is to help them reconcile the data in a more streamlined manner without risking the accuracy of the data. With its adoption, businesses can expect to attain interoperability within their operations. Furthermore, the details associated with the e-invoices can also be linked to be added automatically over the tax return forms or e-way bills, ensuring easy filing of taxes. But, as this new invoicing trend is being adopted by various businesses, the rules and regulations to it have also seen significant changes.  So, if you are generating electrical ..read more

A formal sales invoice issued by a business states the amount due from the customer with a request to make payment. It is typically issued after the delivery of goods or services. A proforma invoice is a preliminary invoice issued before the deal is finalized. It helps the customer to get a clear cost estimate and an overview of the terms of sale. A proforma invoice contains relevant details of the impending sales transaction. These details help customers decide whether they want to accept the deal or not. The business in a way commits to supply the goods or services at the specified prices. T ..read more

A proforma invoice is better understood as an estimated invoice or a preliminary bill, which you can use for requesting payment from any committed buyer for the services or goods before they are supplied.  You can consider it as a good faith agreement that will be created between the customer and seller. With this, the buyer will have a clear idea of what payments they can expect to make before time.  Most businesses need proforma invoices to promote seamless international transactions. These invoices are used for customs purposes, especially when shipping goods internationally.  ..read more