Tally.ERP 9 comes with rich features & financial reports that give you the necessary management and control of your business. A few of these are listed below:
Funds Flow & Cash Flow reports; help you locate bottlenecks
Bank reconciliation – keeps your bank books in sync, and identify unclear instruments
Customer Credit Limits – to limit the risk of default and large losses
Budgets – keep tabs on projected expenses against actuals
Mark vouchers post-dated – these will reflect into the books of accounts only on/after that date
For needs where reports have to consider a transaction that has not happened, (say salaries for this month that get paid the next month) vouchers (called ‘reversing journals’) can be marked to ‘disappear’ for reports post a specific date
Scenario management – helps you with your business forecasting and planning. You can use optional, reversing journals and memorandum vouchers, to aid in recording provisional entries that are useful for interim reports.
Multiple inventory valuation. You can decide one valuation method for the business, and be able to generate financial reports using any other valuation method – as the statutory method may not be appropriate for your needs, your bankers, and for other decisions.
Cash balances can go negative – you can get warned if this is about to happen, or see reports and make the necessary corrections
Several business exceptions are available (negative stocks, negative ledgers) – for you to exercise control over these activities
One-screen business ratios with drill down right up to the transactions – help you to correct course frequently
Item wise document wise profitability statements to control revenue leakage and inappropriate pricing
RK Solutions is an authorized solution provider of Tally Solutions Pvt. Ltd. for its various products & services Located at Chennai, India, the company has been providing scalable, reliable, and highly efficient solutions to clientele across the World.
RK Solutions is an authorized associate partner of Tally Solutions Pvt. Ltd. Located in Chennai, India, the company has been providing scalable, reliable and highly efficient tally customisation to clientele across the World.