Basic Accounting & Inventory Management on TallyPrime

Description

Basic Inventory Management

• Accounts setup: Creating and setup of a new company, using Groups, Cost Centres, Ledgers and Voucher Types
• Inventory setup: Use Stock Groups and Stock Categories, setup Units and Locations to manage Stock Items
• Accounts Payable entries: Purchase voucher, Payments & Debit Notes against Purchases, direct Payments, Payable Reports
• Accounts Receivable entries: Sales vouchers & Issuing Invoices, Receipts & Credit Notes against Sales, direct Receipts, Receivable Reports.
• General Entries: Journal adjustments, Cash/Bank transfers, Optional Vouchers, Stock Transfers and Stock Take.
• Banking: Print and manage Cheques, monitor Post-Dated Receipts and Payments, Reconcile Bank accounts
• Inventory Reports: Stock Item Vouchers, Stock Group & Stock Category Summary, Location Summary, Stock Query, Stock Item Analysis, Stock Group & Stock Category Analysis, Group Analysis, Ledger Analysis, Transfer Analysis, Ageing Analysis
• Final Accounting Reports: Cost Centre reports, Exceptional reports, Cash/Funds Flow, Receivables & Payables Projections, Trial Balance, Balance Sheet, Profit & Loss & Ratio Analysis. Printing & Export of multi vouchers, reports.