To grow your business efficiently, and to make the right decision, you must have the right insights. It has become imperative for manufacturers to use Tally software for their day-to-day business transactions. Tally prime features make the accounting process more simple. It has advanced features to detect, prompt & prevent errors from taking place. Tally prime software helps Manufacturers to identify new business opportunities and take corrective measures to reduce wastages in the manufacturing process.

The best part of Tally prime is that it can be customised as per an individual’s needs. Another best part about Tally prime is, it is very simple to use and it does not require any training for the users. In Tally prime, you can assign different user rights as per their job role. For Example- the Data entry Executive can create new entries but is restricted from altering existing entries. It is a future-ready product, it helps to perform routine audits of firms. Tally prime is easy to navigate, it is now extraordinarily simple.

Manufacturers can benefit immensely from Tally by the following functions and features:

Quality Assurance

Quality Assurance is a review of the quality of all the factors that are involved at the time of production. Goods that are produced are sent for quality assurance so that the reports are entered into the systems. The tally prime feature ensures that all the products are of standard quality. This is done for creating benchmarks for product quality and test products. The Purpose of the testing is to determine any needs that can be implemented for corrective actions in the manufacturing process. Tally prime software ensures that the products meet all quality requirements and safety standards.

Material Requirement Planning

Tally Prime aims to make material requirement planning easy. MRP helps to develop a production plan for finished goods. It allows the manufacturers to work out the production and purchase requirements based on the tally data..Tally prime assures that it reduces customer lead times and improves customer satisfaction.

Managing Finance and Accounts

For any manufacturing business, it is worth having accounting software that can resolve their accounting problems. Tally prime has proven itself to be the best software to date. It provides insights into a company’s current and historical financial position. Tally prime provides tools for analysing current data and trends of your business to forecast future financial position.
Using Tally Prime software, manufacturers can easily handle all the Accounting and finance.

Inventory Management

Inventory Management is a key factor that defines the success of a business. Tally prime is a flexible inventory management software which allows manufacturers to manage the optimum level of inventories. It also helps in cost control for unwanted transportation. The valuation of stock is also done automatically. Using the Job costing feature in Tally Prime you can track cost and revenue down to the smallest detail. In Tally Prime a variety of inventory reports such as a stock summary report, analysis report etc you can keep watch on the stock movements and can also manage your inventory more efficiently.

Business reports

A business report plays a vital role when it comes to financial planning. Tally prime helps assess the business performance and financial position after analysing it. Accounting reports such as Balance sheets, Profit & Loss A/c, Trial balance etc are all included. The Reports that are generated in Tally prime are the Accounting report, Inventory report, Financial report etc. In this, you can also compare and analyse the reports with the previous reports. Tally prime gives you the flexibility to customise the reports according to your business requirements.

Conclusion

Tally prime makes a lot of things easier, as it provides flexibility & simplicity for manufacturers as they can grow their business. Tally prime is not just limited to tracking but it also helps and ensures the entire process of manufacturing. Tally prime allows multitasking functions through a single window. It makes it easy for manufacturers to measure and compare their growth. Every business and its requirements are different and unique, and Tally Prime understands that. It offers secure access to comprehensive insights and business reports at any time. Tally prime is designed to help small businesses.