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Finance in Tally.ERP 9

 

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 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 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
  • A 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
  • Internal audits are supported with audit controls - authorised users can mark vouchers as 'audited' and can get to see reports on changes made post audit, and the name of the person making the change