 Tally Features
Tally for Inventory Accounting.
Listed below in brief are the topics under Inventory Accounting.
Please click on the topic of your choice to view details &
screenshots.
Detailed Stock Status.
Tally tracks all stock movement and gives you instant stock reports for each item.
Multi - Godown Inventory.
Keep track of your stock at various Godowns. Apart from the regular godowns, you can have Transit Godowns, Service godowns, Godowns as Consignment Agents, Sub-Contractors etc.
Mutli-Units Inventory.
Tally handles concepts like Grs of 12 Doz Pcs, OR Boxes of 100 Pcs and other such complex units measurements under your direction. An item may be tracked in more than one unit of measure (e.g. in both kgs. and mts).
Multi-Valuation Inventory.
Simultaneously choose from an array of Cost or Market Valuation Methods - including LIFO (both Annual and Perpetual), FIFO, weighted Average, Simple Average, Last Purchase/Sale Price and Standard Cost. get comparative charts of valuation using different methods, or even ask TALLY to select the methods to Maximise or Minimise your Inventory value. Invaluable for Insurance determination purposes - or estimating disposable stock value.
Batch-wise or lot-wise Inventory with Expiry dates.
Tally supports the concept of Batches or Lots. Use it to track batches in Food or Pharma related businesses, - or simply Consignment wise costs and consumption.
Purchase & Sales Order Processing.
TALLY keeps track of all Purchase & Sales orders booked. View the status of pending & completed orders anytime.
Bill of Materials.
Based on the input the standard items required to produce a finished product Tally automatically calculates the raw material consumed to produce the finished product whenever a production entry is passed.
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