Tally Features - Tally Master - Tally 5 Star Partner

Overview of Features and Functions in Tally

Ledger Management
- Simple Ledger Management
- Advanced Ledger Master
- Party Ledger Management
- General Ledger Management
Multi-Currency & Forex Adjustments
- Multi-Currency entries in voucher entries
- Ledger balances in forex currency, with bill outstanding
- Ledger balances in dual currency, with bill outstanding
- Triple currency in voucher entry
Budgeting and Variance Analysis
- Budgetary Control in Accounting
- Control on accounting entries with budget
- Control on accounting entries with ceiling on user hierarchy
Scenario Management
- Custom report filtering system
- Advanced filtering system for all reports
Integrated Accounting System
- Integrating of Inventory and Accounts
- Enabling inventory costing to accounts and vice versa
Asset Management
- Concept and Setup for Fixed Assets master by category or block of assets
- Methods for accounting fixed assets entries
- Fixed Assets Registers
- Fixed Assets Reports – Basic
- Fixed Assets Reports – Advanced
Banking Features
- Auto Bank Reconciliation (import from excel or csv files)
- Cheque Book Management
- Auto E-Payment methods, only for specified banks
- Offline E-Payment methods, only for few banks
- Ledger Bank Management
- Cheque printing (single/multi)
Accounting System
- Method of Accounting
- Time of Entry for transaction (mercantile basis)
- Adopt Mercantile accounting system
- Adopt Cash Basis Accounting System
- Expenses Analysis and methods of entry

Structuring of Voucher Types
- Accounting Vouchers
- Inventory Vouchers
- Payroll Vouchers
- Order Vouchers
- Exceptional Vouchers (Optional, Memorandum & Reversing)
Voucher Authorisation
Voucher Approval
Voucher Audit
Advanced voucher tracking info (user, date, time, system, alteration log & etc.)
Dynamic and sequence control on vouchers hierarchy tracking
Advanced Printing of Vouchers
Dynamic Print Setup for all vouchers
Export/Upload/Email of vouchers
Multi vouchers printing
Voucher Features Advanced
- QR Code printing in vouchers
- Sign vouchers using Digital Signature for encryption
Invoice/Inventory Vouchers
- Enable vouchers with stock item
- Automate Price Level in stock item
- Advanced price level control with Party, Stock item
- Advanced filter for Stock Group, Godown, Stock Item in Vouchers

Goods and Service Tax (GST)
- Structure GST compliances to all masters
- Automate GST Accounting thru entries
- GST Reports for filing of Returns
Tax Deducted at Source (TDS)
- Automate TDS Accounting thru entries
- TDS reports for 26Q & 24Q
- Automate TCS Accounting thru entries
- Deductions (Special deduction like Covid’19 & etc.) and corresponding Reports.
Tax Collected at Source (TCS)
- Automate TCS Accounting thru sales vouchers
- TDS reports for 27EQ
- Automate TCS Accounting thru entries

Indent Process
Reorder Level Basic (Irrespective of location)
Reorder Level Advanced (by respective location)
Purchase Order (PO)
- Control PO with Indent
- Payment process against Approved PO’s
- Linking of different parties in the PO – like Transporter, Insurance Etc.
Gate Pass Entry
- Gate entry for only Approved PO’s.
- Integration with weighbridge system
Goods Receipt Note (GRN)
- Track GRN against PO
- Goods Receipts w.r.t – with and w/o Gate Pass
- Control against approved PO’s
Quality Check and Rejection
- Marking of accept or rejection qty for GRN
- Entries to Rejection note, Credit note
Rejection Out & Debit Note
- Track against Purchase & PO
- Control against Purchase & PO
Purchase
- Track against GR & PO
- Control Purchase against GR & PO

Item Master
- Item Code/Part Number (manual)
- Default Accounting Allocation for voucher
- Default godown for stock item for voucher
- Batch Process
- Standard Rate for Purchase
- MRP/Marginal Price for Stock Item
- Dynamic Alternate Units
- Bill of Materials (BOM)
- Bin Location Setup
- Simple description for Stock Item
- Multi line description for Stock Item
Unit of Measure
Stock Group
Stock Category
Multi Godown Process
- Third party godown concepts
Manufacturing / Production Process
- Stock Transfer, Consumption, WIP Process & Finished Goods
Inventory Costing
- Additional Cost of Purchase
  - Accounting Level
  - Inventory Level
- Landing cost for inventory
- Advanced Landing cost for inventory in Vouchers
- Advanced Additional cost for inventory in Vouchers
- Advanced default valuation methods
Auto consumption and production methods
Job Order (In/Out)
- Material Movement with BOM control
- Reports to track delivery and receipt of materials
- Control Material movement against Job Order In/Out
Returnable ad Non-Returnable goods movements
Integrate Bar Code readers to inventory entries
Integrate RFID with inventory entries

Sales Order
Delivery Note
- Track Delivery Note with Sales Order
- Control Delivery Note against Sales Order
Sales Invoice
- Track Sales Invoice with Delivery Note
- Control Sales against Sales Order & Delivery Note
Rejection In & Credit Note
Price Level
- Price Level for Sales – Item level
- Price level linked with debtors
Advanced Price control with MRP, Cost Price, Fixed Cost and etc.
GST
- E-Invoice
- E-Way Bill

Employee Master
- Personal details of employee
- Statutory details of employee (IPF, ESI, Passport, Income Tax & etc.)
Salary Master of Employee
- Period wise salary details
- Updating of sales details for increment (manual, employee wise)
Leave Management structure – basic
Link leave management with pay head
Various types of Attendance Entries
Auto calculate of salary every month
Integrate with Attendance report (Bio-metric)
Statutory Compliances
- Auto Statutory Compliance (ESI, PF & Income Tax)
- Auto Compute & Deduct Income Tax from monthly Salary
Payslip
- Multi payslip generation
- Send multi payslip by email
Custom reports for Employee Master
Custom Print Setup for Payslip

Also See