Financial Management & Controls

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Your Lifeline – Finance at Your Finger Tips…!

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

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