Tally Prime (5.1 Latest Version) is a power-packed business management software. It additionally takes care of Payroll management, Bank transactions, Accounting, Inventory management, Statutory Compliance, and more. With powerful and actionable insights, Tally software comes with a set of readily available business reports.

It also helps you make informed decisions for your business growth. If you don't know, then know that the Tally solution is very easy to operate and can be learned to operate in no time. Even though there are many Tally versions in the market, every Tally Prime features one thing they can handle all the business functions.

Since this software is best for small and medium-scale organizations, the Tally price is quite affordable for any business. In fact, The business reports created by Tally Prime will help you to manage all these aspects of the organization in a better way. Also, it has extremely easy discovery and navigation to make things easier for you.

In a word, Tally Prime features to scale up the capabilities of business owners while keeping convenience at the top. Besides that, it saves a lot of your time and carries out efficient business transactions.

Tally Prime Features 5.1:

1) Invoicing & Accounting

• Create a professional-looking invoice
• Generate different types of VAT invoices
• Print invoices via IRN & QR code and instantly generate e-invoice
• Support different billing formats
• Calculate the currency rates automatically
• Maintain multiple mailing details for your company
• Auto-manage Receivables & Payable Bills
• Easily record post-dated transactions

2) Inventory Management

• Segregate multiple product lines in well-defined groups
• Record a comprehensive cycle of manufacturing operation
• Automatically generate a status report
• Option to set minimum order level and re-order level
• Manage the stock in the way you want
• Manage Job work process with job work feature

3) Comprehensive Reports

• View all the reports conveniently from one place from the GoTo search bar
• Additionally, Get insights into all business reports by including & excluding the details
• Every report provides you with additional information
• Create different viewpoints to understand the reports better

4) Credit & Cashflow Management

• Automatically generate unique bill references for each invoice
• Analyze the bills which are aging for a very long period
• Provide an option to swiftly clear a bulk payment
• Assists in accounting accrued interest by automatically calculating the interest
• Track & plan the cash flow
• Besides, Get an instant cash flow projection report to plan your investment

5) Taxation

• Built-in feature to analyze error
• Manage TDS and TCS requirements for your business
• Manage data from both the previous and current tax regimes

6) Banking

• The facility of Auto Bank Reconciliation
• Allow the creation of multiple checkbooks
• Option of cheque register to track your cheque details
• Simplify the payment process with the utmost security

7) Net Capabilities

• View crucial business reports on any web browser remotely
• Decentralization of books into multiple branches
• With multiple security layers, Secure Remote Access to your financial data
• Integration of E-voice service
• e-Banking facility

8) Cost Control and Cost Analysis

• Track Variance reports and set Budgets
• Cost analysis and cost control
• Analyzing different business scenarios and business forecasting

9) Enhanced Security Management

• Assign specific access to employees by setting the user-level rights
• Keep your business data safe & secure by encrypting the data
• Track changes that affect the integrity of a transaction with the Tally audit feature
• Option of password policy management and User management

10) Payroll Management

• Segregate employees based on different parameters
• Error-free and ell-defined automation of payroll process
• Automatically create statutory reports
• To calculate the employee pay, Attendance/Production Type Creation option and track their presence/productivity

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