{"title":"Services","description":null,"products":[{"product_id":"tally-prime-customization","title":"Tally Customization","description":"\u003cp\u003e \u003c\/p\u003e\n\u003ch3 class=\"mb-3  mt-5 mt-lg-0\"\u003eMake TallyPrime Work Your Way With Ready Solutions \u003cspan class=\"brush-underline-yellow\"\u003eAnd Custom Builds.\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp\u003e\u003cspan class=\"brush-underline-yellow\"\u003e\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003eFrom simple tweaks to advanced solutions, build on TallyPrime to fit your unique business needs.\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv class=\"mb-4\"\u003e\n\u003ch3 class=\"tssPageHeading\"\u003e\u003cspan class=\"brush-underline-yellow\"\u003eCustomization using Tally Definition Language (TDL)\u003c\/span\u003e\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"col-12 col-lg-12\"\u003e\n\u003cp class=\"tssPageParagraph\"\u003eTallyPrime powers millions of businesses. With TDL, Tally’s development language, you can customize TallyPrime to fit your specific business needs - from adding simple fields and reports to building complex features, automations, and customization unlocks a whole new level of flexibility.\u003c\/p\u003e\n\u003cdiv class=\"row\"\u003e\n\u003cdiv class=\"col-lg-12\"\u003e\n\u003cdiv class=\"text-center mb-5\"\u003e\n\u003ch3\u003e\u003cspan class=\"brush-underline-sky\"\u003eWhat makes TDL powerful?\u003c\/span\u003e\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"row mt-3\"\u003e\n\u003cdiv class=\"col-12 col-md-10 offset-md-1 row position-relative\"\u003e\n\u003cdiv class=\"col-12 col-md-4 my-auto order-2 order-md-1 text-start text-md-end\"\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eSimple \u0026amp; flexible\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eEasy to learn and quick to implement\u003c\/p\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eScalable\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eSupports everything from small tweaks to complex applications\u003c\/p\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003ePlatform independent\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eWorks across all Tally environments\u003c\/p\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eBuilt-in libraries\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eSpeed up development with ready-to-use tools\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"col-12 col-md-4 my-auto order-3 order-md-3\"\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eEvent-driven\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eTrigger logic based on user actions\u003c\/p\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eUpdate-friendly\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eCustomizations remain stable across TallyPrime upgrades\u003c\/p\u003e\n\u003ch3 class=\"fs-4 text-body-emphasis\"\u003eExtensible\u003c\/h3\u003e\n\u003cp class=\"text-gray pb-4 mh-180\"\u003eSeamlessly integrates with external apps and data sources\u003c\/p\u003e\n\u003ch3\u003e\u003cspan class=\"brush-underline-sky\"\u003eSome examples of customization:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp class=\"fs-4 text-body-emphasis\"\u003e\u003cstrong\u003eTrading:\u003c\/strong\u003e Personalized invoices, barcode-enabled billing, stock control, and agent-wise sales tracking.\u003c\/p\u003e\n\u003cp class=\"fs-4 text-body-emphasis\"\u003e\u003cstrong\u003eManufacturing:\u003c\/strong\u003e Track inventory, BOM and serial number management, and streamline job orders with custom workflows.\u003c\/p\u003e\n\u003cp class=\"fs-4 text-body-emphasis\"\u003e\u003cstrong\u003eServices:\u003c\/strong\u003e Enable time-based billing, project-wise profitability, and automate recurring invoices with ease.\u003c\/p\u003e\n\u003cp class=\"fs-4 text-body-emphasis\"\u003e\u003cstrong\u003eEducation:\u003c\/strong\u003e Simplify fee collection, manage student records, and generate custom report cards effortlessly.\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"brush-underline-sky\"\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53747615531301,"sku":"TPC","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/TallyCustomizations.jpg?v=1791034243"},{"product_id":"tally-prime-ira","title":"Tally Prime IRA","description":"\u003ch3 class=\"hero-h1 d-none d-md-block\"\u003eMeet TallyIra \u003cspan class=\"accent\"\u003e— AI that's thoughtfully built, so you stay in control.\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp\u003e\u003cspan class=\"accent\"\u003e\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003eTallyIra brings thoughtful intelligence to accounting workflows — modernising document processing, reducing manual effort, and keeping you in control. Starting with Docs by Ira, an AI-powered invoice processor that turns business documents into accounting-ready entries.\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul class=\"tldr-list\"\u003e\n\u003cli\u003eScan or import invoices from your phone or desktop\u003c\/li\u003e\n\u003cli\u003eAI extracts party, amount, GST \u0026amp; line items automatically\u003c\/li\u003e\n\u003cli\u003eBulk draft vouchers in minutes — saves ~80% of manual entry time\u003c\/li\u003e\n\u003cli\u003eYou review and approve every entry before it posts to TallyPrime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch4 class=\"fw-500 text-black\"\u003eTurn Business Documents into Accounting-Ready Entries\u003c\/h4\u003e\n\u003cp class=\"docs-ira-desc text-start\"\u003eDocs by Ira is TallyIra's first offering that intelligently reads business documents, understands relevant information, and prepares accounting entries for review before posting into TallyPrime. Simply scan or upload your documents to auto-create invoices in TallyPrime. The result is less manual effort, faster processing, and greater consistency across accounting workflows. You review. You approve. You stay in control.\u003c\/p\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53747616907557,"sku":"TIRA","price":400.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/TallyPrime_Ira.jpg?v=1791017204"},{"product_id":"tallyprime-installation-setup","title":"Tally Prime Installation \u0026 Setup","description":"\u003ch3\u003eDownload and Install TallyPrime \u0026amp; TallyPrime Edit Log\u003c\/h3\u003e\n\u003cp\u003eGetting started with \u003cstrong\u003eTallyPrime\u003c\/strong\u003e for the first time? Installing it is quick and hassle-free! In just a few steps, you’ll have TallyPrime up and running, ready to manage your business effortlessly. \u003c\/p\u003e\n\u003cp\u003eThe process of downloading and installing is same for both TallyPrime and TallyPrime Edit Log. However, you can easily differentiate between them—from the setup file and application appearance to the screen when you launch the application.\u003c\/p\u003e\n\u003cp\u003eIf you are already using an earlier version of Tally, then \u003ca href=\"https:\/\/help.tallysolutions.com\/upgrade-to-latest-tallyprime\/\"\u003eupgrade to TallyPrime or TallyPrime Edit Log\u003c\/a\u003e, as applicable. Thereafter, you can continue your business as usual.\u003c\/p\u003e\n\u003cdiv style=\"text-align: center;\"\u003e\n\u003cimg src=\"https:\/\/help.tallysolutions.com\/wp-content\/plugins\/kb-prerequisite-button\/text.svg\" alt=\"Before you began | Prerequisites\" style=\"float: none;\"\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eTallyPrime\u003c\/strong\u003e is perfect if you need a simple yet powerful business management solution for accounting, inventory, and compliance.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTallyPrime Edit Log\u003c\/strong\u003e is recommended for businesses that require a detailed audit trail of all transactions to meet statutory compliance.\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/help.tallysolutions.com\/how-to-verify-your-tallyprime-version-through-sha-256\/\"\u003eGenerate and verify the SHA-256 checksum\u003c\/a\u003e to ensure the setup files are secure and haven’t been altered or damaged during download. \u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eClick \u003ca href=\"https:\/\/youtu.be\/oCMdCeCxjSI\" rel=\"wpdevart_lightbox_video\"\u003e\u003cimg decoding=\"async\" class=\"alignnone wp-image-158941\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2022\/11\/watch-video.png\" alt=\"Convert-B2B-to-B2C\" width=\"79\" height=\"23\"\u003e\u003c\/a\u003e to watch our short video on how to download and install TallyPrime.\u003c\/p\u003e\n\u003cp\u003e\u003ciframe title=\"How to Install TallyPrime | TallyHelp\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/FxWKa5NapY4?feature=oembed\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003ca id=\"recommended-system-configurations\"\u003e\u003c\/a\u003eStep 1: Check Recommended System Configurations\u003c\/h3\u003e\n\u003cp\u003eBefore installing, it is recommended that your system meets the following requirements:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdministrator Rights\u003c\/strong\u003e – You must have admin privileges on your computer.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOperating System\u003c\/strong\u003e – Microsoft Windows 7 or above.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBit\u003c\/strong\u003e – 64-bit (for the OS and applications like MS Excel, Adobe Acrobat, etc.).\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMemory (RAM)\u003c\/strong\u003e – Minimum 512 MB.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStorage\u003c\/strong\u003e – At least 512 MB of available space on your hard disk or cloud storage.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\n\u003ca id=\"download-setup-file\"\u003e\u003c\/a\u003eStep 2: Download the Setup File\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003eVisit the \u003ca href=\"https:\/\/tallysolutions.com\/download\/\"\u003eTally Solutions Website\u003c\/a\u003e.\u003c\/li\u003e\n\u003cli\u003eClick \u003cstrong\u003eDownload\u003c\/strong\u003e to get the latest setup file.\u003cbr\u003eThe .exe file will be saved in your \u003cstrong\u003eDownloads\u003c\/strong\u003e folder.\u003c\/li\u003e\n\u003cli\u003eMove the file to another folder, if needed.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch3\u003e\n\u003ca id=\"install-application\"\u003e\u003c\/a\u003eStep 3: Install the Application\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003eDouble-click\u003cstrong\u003e \u003c\/strong\u003ethe \u003cstrong\u003esetup.exe \u003c\/strong\u003efile to start the installation.\u003c\/li\u003e\n\u003cli\u003eSelect \u003cstrong\u003eInstall New\u003c\/strong\u003e for a new installation.\u003c\/li\u003e\n\u003cli\u003eConfigure \u003cstrong\u003eApplication Path\u003c\/strong\u003e, if required.\u003cbr\u003eBy default, the application is installed at:\n\u003cul\u003e\n\u003cli\u003eC:Program FilesTallyPrime (for TallyPrime)\u003c\/li\u003e\n\u003cli\u003eC:Program FilesTallyPrimeEditLog (for TallyPrime Edit Log)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003eClick\u003cstrong\u003e Install \u003c\/strong\u003eto complete the installation.\u003cbr\u003e\u003ca href=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/setup-manager-1.jpg\" rel=\"wpdevart_lightbox\" data-slb-active=\"1\" data-slb-asset=\"430293938\" data-slb-group=\"121892\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-183683\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/setup-manager-1.jpg\" alt=\"TallyPrime Setup Manager\" width=\"500\" height=\"236\" srcset=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/setup-manager-1.jpg 804w, https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/setup-manager-1-300x141.jpg 300w, https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/setup-manager-1-768x362.jpg 768w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\"\u003e\u003c\/a\u003e\u003cbr\u003eThe application and Tally Scheduler are installed, and the following window opens.\u003cbr\u003e\u003ca href=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/install-tallyprime-1.png\" rel=\"wpdevart_lightbox\" data-slb-active=\"1\" data-slb-asset=\"1638336767\" data-slb-group=\"121892\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-183685\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/install-tallyprime-1.png\" alt=\"TallyPrime Installation Successful\" width=\"500\" height=\"238\" srcset=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/install-tallyprime-1.png 791w, https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/install-tallyprime-1-300x143.png 300w, https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/10\/install-tallyprime-1-768x365.png 768w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\"\u003e\u003c\/a\u003e\u003cbr\u003e\n\u003cp class=\"Note\"\u003e If you are already using TallyPrime, then it is recommended that you install TallyPrime Edit Log in a different folder. This will allow you to use both the products simultaneously, if needed.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003eClick \u003cstrong\u003eStart TallyPrime\u003c\/strong\u003e to launch the application.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eWhat’s Next: Activate your license to start using TallyPrime.\u003c\/p\u003e\n\u003ch3\u003e\n\u003ca id=\"activate-license\"\u003e\u003c\/a\u003eStep 4: Activate License\u003c\/h3\u003e\n\u003cp\u003eIf you’re a new user, activate your license before you begin using TallyPrime.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eSingle-User License\u003c\/strong\u003e: Activate on one computer.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMulti-User License\u003c\/strong\u003e: Activate on one system and configure other installations over LAN.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eYou can \u003ca href=\"https:\/\/help.tallysolutions.com\/tally-prime\/installation-and-licensing\/licensing-activities-tallyprime\/#activate-license\"\u003eactivate your license\u003c\/a\u003e now or any time later.\u003c\/p\u003e\n\u003ch3\u003eActivate License\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003e\u003ca href=\"https:\/\/help.tallysolutions.com\/licensing-tallyprime\/\"\u003eAll About Licenses\u003c\/a\u003e | ACTIVATE\u003c\/span\u003e | \u003ca href=\"https:\/\/help.tallysolutions.com\/configure-license-from-network\/\"\u003eConfigure\u003c\/a\u003e | \u003ca href=\"https:\/\/help.tallysolutions.com\/reactivate-license\/\"\u003eReactivate\u003c\/a\u003e | \u003ca href=\"https:\/\/help.tallysolutions.com\/update-license\/\"\u003eUpdate\u003c\/a\u003e | \u003ca href=\"https:\/\/help.tallysolutions.com\/how-to-surrender-license-in-tallyprime\/\"\u003eSurrender\u003c\/a\u003e | \u003ca href=\"https:\/\/help.tallysolutions.com\/set-up-multi-site-license\/\"\u003eMulti-Site\u003c\/a\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eOnce you have bought a new TallyPrime license, you will need to activate the same using the license key received on your registered e-mail address. Until you activate your license, your TallyPrime will be in education mode. Got a New TallyPrime License? Activate the license now.\u003c\/p\u003e\n\u003cp\u003e\u003ciframe src=\"https:\/\/www.youtube.com\/embed\/TuqIOHpRc5s\" width=\"560\" height=\"314\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\n\u003cp\u003eActivate your TallyPrime silver or gold license in your system and get started. If you have a gold license, it is recommended to activate it in a system that can be available all the time as the server system.\u003c\/p\u003e\n\u003cp\u003eTo watch our short video, click: \u003ca href=\"https:\/\/youtu.be\/6D8fH9dIjHg\" rel=\"wpdevart_lightbox_video\"\u003e\u003cimg decoding=\"async\" class=\"alignnone wp-image-158941 size-full\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2022\/11\/watch-video.png\" alt=\"\" width=\"120\" height=\"35\"\u003e\u003c\/a\u003e\u003c\/p\u003e\n\u003ch3\u003e1. Start TallyPrime in Administrator Mode\u003c\/h3\u003e\n\u003cp\u003eRight-click the TallyPrime icon in the installation folder, and click \u003cstrong\u003eRun as Administrator\u003c\/strong\u003e.\u003c\/p\u003e\n\u003ch3\u003e2. Start License Activation\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003eIn the \u003cstrong\u003eWelcome to TallyPrime\u003c\/strong\u003e screen, select \u003cstrong\u003eA\u003c\/strong\u003e (Activate License).\u003cbr\u003e\u003ca href=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/09\/license-activation.png\" rel=\"wpdevart_lightbox\" data-slb-active=\"1\" data-slb-asset=\"649039224\" data-slb-group=\"110787\"\u003e\u003cimg decoding=\"async\" class=\"alignnone wp-image-176834 size-full\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/09\/license-activation.png\" alt=\"\" width=\"554\" height=\"62\" srcset=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/09\/license-activation.png 554w, https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/09\/license-activation-300x34.png 300w\" sizes=\"(max-width: 554px) 100vw, 554px\"\u003e\u003c\/a\u003e\n\u003c\/li\u003e\n\u003cli\u003eEnter your \u003cstrong\u003eLicense Serial Number\u003c\/strong\u003e, \u003cstrong\u003eActivation Key\u003c\/strong\u003e, and \u003cstrong\u003eE-mail ID\/Tally.NET ID\u003c\/strong\u003e.\u003cbr\u003eThis E-mail address will be set as your Account ID  for this license.\u003cbr\u003e\u003cimg loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-141312 size-full\" src=\"https:\/\/help.tallysolutions.com\/wp-content\/uploads\/2020\/09\/activate-license-tally.gif\" alt=\"\" width=\"550\" height=\"229\"\u003e\n\u003c\/li\u003e\n\u003cli\u003ePress \u003cstrong\u003eEnter\u003c\/strong\u003e to receive the unlock key in your e-mail.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch3\u003e3. Unlock License\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003eIn the \u003cstrong\u003eUnlock License\u003c\/strong\u003e screen, enter the \u003cstrong\u003eUnlock Key\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003ePress \u003cstrong\u003eEnter \u003c\/strong\u003eto complete the process.\u003c\/li\u003e\n\u003cli\u003eYou have successfully activated your TallyPrime license.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003e\u003cstrong\u003eWhat’s Next\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eIf you have activated your gold license on a system, \u003ca href=\"https:\/\/help.tallysolutions.com\/tally-prime\/installation-and-licensing\/licensing-activities-tallyprime\/#license-from-network\"\u003econfigure the license for multiple users\u003c\/a\u003e for all other users in the same LAN network.\u003c\/li\u003e\n\u003cli\u003eIf you need to have multiple silver or gold licenses and manage them together, \u003ca href=\"https:\/\/help.tallysolutions.com\/tally-prime\/installation-and-licensing\/licensing-activities-tallyprime\/#multi-site\"\u003econfigure your licenses for multi-site\u003c\/a\u003e.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eSave the Tally.Net ID and credentials shared via e-mail on activation of license for future license activities.\u003c\/p\u003e\n\u003chr\u003e\n\u003ch2\u003eQuestions \u0026amp; Answers\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eI have not received the license key on the registered e-mail ID. What should I do?\u003c\/strong\u003e\u003c\/p\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003ca id=\"unlock-license-key\"\u003e\u003c\/a\u003eClick the \u003ca href=\"https:\/\/tallysolutions.com\/tallyweb\/modules\/sd\/license\/CGetUnlockKeyCtlr.php\"\u003eUnlock Key Service\u003c\/a\u003e screen.\u003c\/li\u003e\n\u003cli\u003eEnter the required license details, and click the \u003cstrong\u003eGet Unlock Key\u003c\/strong\u003e button.\u003cbr\u003eIf you are still not able to find it, write an e-mail with your license serial number to \u003cstrong\u003esupport.tallysolutions.com\u003c\/strong\u003e and we will get back to you with the details at the earliest.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003e\u003cstrong\u003eWhat should I do if I have forgotten my Tally.NET Password?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eOption 1: Update the password on the \u003ca href=\"https:\/\/tallysolutions.com\/\"\u003ecustomer portal\u003c\/a\u003e.\u003c\/p\u003e\n\u003col\u003e\n\u003cli\u003eOn the login screen, select \u003cstrong\u003eForgot ID\/Password\u003c\/strong\u003e.\u003c\/li\u003e\n\u003cli\u003eClick \u003cstrong\u003eReset password\u003c\/strong\u003e, enter your \u003cstrong\u003eTally.NET ID\u003c\/strong\u003e, enter \u003cstrong\u003eCaptcha\u003c\/strong\u003e, and click \u003cstrong\u003eReset\u003c\/strong\u003e.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eOption 2: Update the password from TallyPrime\u003c\/p\u003e\n\u003col\u003e\n\u003cli\u003ePress \u003cstrong\u003eF1\u003c\/strong\u003e (Help) \u0026gt; \u003cstrong\u003eSettings\u003c\/strong\u003e \u0026gt; \u003cstrong\u003eManage License\u003c\/strong\u003e.\u003cbr\u003eIf you are in the Reactivate or Update process, TallyPrime prompts you to enter your ID and password.\u003c\/li\u003e\n\u003cli\u003ePress \u003cstrong\u003eAlt+R\u003c\/strong\u003e (Reset Password) on the right button bar.\u003c\/li\u003e\n\u003cli\u003eEnter your \u003cstrong\u003eTally.NET ID\u003c\/strong\u003e and press \u003cstrong\u003eEnter\u003c\/strong\u003e.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eIn both options, you will receive an e-mail notification on your registered e-mail address (your tally.NET ID).\u003c\/p\u003e\n\u003cp\u003eFollow the instructions in the e-mail to setup your password and use the same to login next time.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat if I do not recollect my Tally.NET ID\/registered e-mail address?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIt is possible that the e-mail address registered is different from the e-mail registered with your Tally.NET ID. Or if you have forgotten your e-mail ID or password, no worries.\u003c\/p\u003e\n\u003cp\u003eSimply write to \u003cstrong\u003esupport.tallysolutions.com\u003c\/strong\u003e with your license details and the correct e-mail address for you Tally.NET ID, and we will get the rest fixed.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eHow to activate a rejected license?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eYou can activate a rejected site license using new site ID.\u003c\/p\u003e\n\u003cp\u003eRefer to \u003ca href=\"https:\/\/www.youtube.com\/watch?v=b1YuJkXNM9A\" rel=\"wpdevart_lightbox_video\"\u003ethe video\u003c\/a\u003e to know the steps to activating a rejected site license.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003ca id=\"retrieve-license-key\"\u003e\u003c\/a\u003eWhat should I do, if I am unable to retrieve my license activation key?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eSend an e-mail to Tally Support with your e-mail address and the license purchase details. Once we validate the details, you will receive your license activation key in the same e-mail address.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat should I do if I have forgotten my License No. and e-mail ID?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eYour TallyPrime license no. should be available from one of the following:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eF1\u003c\/strong\u003e (Help) \u0026gt; \u003cstrong\u003eSettings\u003c\/strong\u003e \u0026gt; \u003cstrong\u003eLicense\u003c\/strong\u003e \u0026gt; \u003cstrong\u003eManage License\u003c\/strong\u003e.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eF1\u003c\/strong\u003e (Help) \u0026gt; \u003cstrong\u003eAbout\u003c\/strong\u003e \u0026gt; under \u003cstrong\u003eLicense Information\u003c\/strong\u003e.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eIn case you have forgotten your e-mail address, write an e-mail to Tally Support with the following details:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eYour license serial number\u003c\/li\u003e\n\u003cli\u003eThe e-mail address you want to register for your license. Once registered, this will be your registered Tally.NET ID.\u003c\/li\u003e\n\u003cli\u003eYour contact details.\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752241750309,"sku":"TPIS","price":1500.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_d89edfa3-0018-476e-b3fe-760c50eea477.jpg?v=1788880764"},{"product_id":"accounting-bookkeeping","title":"Accounting \u0026 Bookkeeping","description":"\u003cp class=\"mb-4 mt-3\"\u003eThe best software for accurate bookkeeping, accounting, and GST compliance\u003c\/p\u003e\n\u003cdiv\u003e\n\u003cul class=\"row bannerBulletList  ps-lg-3\"\u003e\n\u003cli class=\"mt-2 col-lg-6 col-12\"\u003eAutomate your bookkeeping\u003c\/li\u003e\n\u003cli class=\"mt-2 col-lg-6 col-12\"\u003eMaintain financial records\u003c\/li\u003e\n\u003cli class=\"mt-2 col-lg-6 col-12\"\u003eEnsure your GST and tax compliant\u003c\/li\u003e\n\u003cli class=\"mt-2 col-lg-6 col-12\"\u003eEasy to navigate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 class=\"h2 text-white mb-0 mainTitle\"\u003eWhat is Online Bookkeeping \u0026amp; Why Does It Matter for Businesses?\u003c\/h2\u003e\n\u003cp class=\"my-3\"\u003eBookkeeping keeps track of your business’s everyday financial transactions\u003c\/p\u003e\n\u003cdiv\u003e\n\u003cul class=\"text-white additionalFeaturesList ps-0\"\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eIt's the first step to understanding your business's performance\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eAccurate books are essential for making smart business decisions\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eProper bookkeeping ensures you stay compliant with tax laws\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eIt provides the clean data needed for accounting and financial reports\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eOrganised books help in managing cash flow and tracking payments\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eIt's crucial for securing loans and attracting investors\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 class=\"text-center font-weight-bold h2Head mt-3\"\u003eKey features of TallyPrime's bookkeeping software\u003c\/h2\u003e\n\u003cp class=\"text-center text-gray\"\u003eA complete set of tools to make your bookkeeping simple, accurate, and automated.\u003c\/p\u003e\n\u003cp class=\"text-center text-gray\"\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cstrong\u003eKey tasks in bookkeeping:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eEasily record sales, purchases, expenses, and all other transactions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAutomate bank reconciliation to match your books with bank statements\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eManage your ledgers and view transaction histories in a few clicks\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eHandle payroll processing and salary payments efficiently\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eFree \u0026amp; freemium software options:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eExplore all the features of TallyPrime with a 7-day free trial\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUse the software in educational mode for free, for as long as you need to learn\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eGet a complete \u003c\/span\u003e\u003cspan\u003ebusiness management software\u003c\/span\u003e\u003cspan\u003e, not just a basic tool\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInvest in a perpetual license for a low total cost of ownership\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eIntegrated invoicing and billing:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eCreate professional, GST-compliant invoices directly from your bookkeeping entries.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAutomatically track all customer outstanding payments from the invoices you send.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSee every bill you create instantly update your sales ledgers and financial reports.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eReal-time financial reporting:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eInstantly generate your Profit \u0026amp; Loss statement and Balance Sheet from your daily bookkeeping data.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGet a clear, accurate view of your financial health without any manual data export.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDrill down from any report line item to see the actual bookkeeping transaction.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eSimplified cash and bank management:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eGet a complete view of your cash-in-hand and bank balances directly from your book of accounts.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEasily track all payments and receipts to manage your cash flow effectively.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaintain a clean, reconciled bank ledger to ensure your books are always accurate.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cdiv class=\"row py-lg-4\"\u003e\n\u003cdiv class=\"col-12\"\u003e\n\u003ch2 class=\"text-center\"\u003eBenefits of Online Bookkeeping Software \u0026amp; Services\u003c\/h2\u003e\n\u003ch5\u003eAccuracy\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eEliminate human errors with automated data entry and bank reconciliation.\u003c\/p\u003e\n\u003ch5\u003eCompliance\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eStay on top of your GST and other tax obligations with our powerful GST software.\u003c\/p\u003e\n\u003ch5\u003eTime-saving\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eAutomate repetitive tasks and free up your time to focus on growing your business.\u003c\/p\u003e\n\u003ch5\u003eFinancial clarity\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eGet instant access to over 400 reports, like Balance Sheets and P\u0026amp;L statements.\u003c\/p\u003e\n\u003ch5\u003eData security\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eKeep your sensitive financial information safe and secure on your own computer.\u003c\/p\u003e\n\u003ch5\u003eEase of use\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eYou don't need to be an accountant to maintain perfect books with TallyPrime.\u003c\/p\u003e\n\u003ch5\u003eWorks offline\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eYour business operations continue smoothly, even without an internet connection.\u003c\/p\u003e\n\u003ch5\u003eScalability\u003c\/h5\u003e\n\u003cp class=\"text-gray\"\u003eTallyPrime grows with your business, from a small startup to a large enterprise.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752246665509,"sku":"ACCBKP","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_a9d2bf69-f41c-400a-b3a0-7e4c8c1b45e2.jpg?v=1788880824"},{"product_id":"gst-taxation","title":"GST \u0026 Taxation","description":"\u003ch2 class=\"h2 text-white mb-0 mainTitle\"\u003eWhy businesses need GST software\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cul class=\"text-white additionalFeaturesList ps-0\"\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eCreates GST-compliant invoices quickly and avoids manual tax calculations\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003ePrepares and files GST returns faster with structured return data\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eTracks input tax credit accurately and reduces reconciliation errors\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eIdentifies mismatched or missing invoices before filing returns\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eManages multiple GST registrations and companies from one system\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eMaintains organised tax records for audits and compliance\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eMonitors GST liabilities, credits and return status through clear reports\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eReduces manual workload and improves overall tax compliance efficiency\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 class=\"text-center font-weight-bold h2Head mt-3\"\u003eWhat are the key features of GST software\u003c\/h2\u003e\n\u003cp class=\"text-center text-gray\"\u003eWith TallyPrime you get access to a wide range of reports that help analyze your business performance and improve decision-making.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eSimplified GST return filing:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eExport returns easily in JSON or Excel formats for filing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetect errors automatically to ensure accurate GST return filing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSign and track returns while monitoring changes after submission\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSimplify filing with a streamlined one-time return preparation process\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePrepare GSTR-3B, GSTR-1 and CMP-08 returns automatically using transaction data\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eMulti-GSTIN management:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eManage multiple GST registrations within a single company or across multiple companies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaintain separate GST records for different business locations or entities\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMonitor tax liabilities and compliance activities for each GSTIN easily\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSimplify GST management for businesses operating across multiple states\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eSmart GST reconciliation:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eView quick summaries of matched and mismatched invoices\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIdentify missing invoices that may impact input tax credit claims\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eReconcile outward supply data to ensure accurate GST reporting\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaintain accurate tax credit records through continuous reconciliation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eReconcile purchase transactions automatically using GSTR-2A and GSTR-2B data\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cstrong\u003eFlexible billing and transaction workflows:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSupport different sales and purchase processes used by various industries\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAdapt invoice structures and billing formats to match operational needs\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaintain structured transaction records for GST reporting and compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProcess orders, delivery challans and invoices while keeping books updated\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752247746853,"sku":"GSTTAX","price":2000.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_PrimeGst_Taxations.jpg?v=1791016717"},{"product_id":"e-invoice-e-way-bill","title":"E-Invoice \u0026 E-Way Bill","description":"\u003ch3 id=\"h2-0\"\u003eConnected solution to generate accurate e-way bills online, seamlessly!\u003c\/h3\u003e\n\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cspan\u003eWith one-time quick setup and configuration, we have provided you complete flexibility to generate e-way bills according to your business requirements. From generating accurate e-way bills to cancel\/update\/extend e-way bills, TallyPrime deals with your e-way bill compliance with utmost care.\u003c\/span\u003e\u003c\/p\u003e\n\u003ctable\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cimg class=\"alignnone wp-image-24464 size-full\" title=\"ISO icon\" src=\"https:\/\/resources.tallysolutions.com\/wp-content\/uploads\/2021\/07\/Picture1-1.jpg\" alt=\"ISO icon\" width=\"108\" height=\"117\"\u003e\u003c\/td\u003e\n\u003ctd\u003eTally being one of the recognised ISO certified GSP (GST Suvidha Provider), TallyPrime directly integrates with the e-way portal to seamlessly generate e-way bill for you\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 id=\"h2-1\"\u003ee-Way bill features in TallyPrime\u003c\/h2\u003e\n\u003cp\u003eTally’s fully connected e-way bill solution is simple, seamless with zero manual work. Take a look at some of the key features of a connected e-way bill solution\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eGenerate e-way bill instantly.\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eUsing TallyPrime, you seamlessly generate an e-way bill online by just recording the invoice. You can generate e-way bills instantly, either for a single invoice or multiple invoices in bulk. This is made possible through TallyPrime’s full connected solution absorbs the complexity by directly sending the details in prescribed format to the portal and fetches e-way bill details automatically.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCancel, extend and update e-way bill online\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eIn some situations, the invoices for which e-way bill is already generated requires to be cancelled. Using TallyPrime, you can cancel, extend and update e-way bills online without the need to manually perform these actions from the portal\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eGenerate EWB online along with e-invoice\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eUsing TallyPrime, you can generate e-way bill along with an e-invoice or can separately generate only e-way bill as it suits your need\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003ee-Way bill reports\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eTallyPrime’s connected e-way bill solution comes with exclusive reports for e-way bill giving you a complete view of the e-way bill transactions and their status. You can track pending\/cancelled\/generated) and perform various other actions such as cancel, extend, etc. as per your needs.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eSupports other modes for e-way bill generation.\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eIn case of exigency cases like unavailability of internet services on a system or due to any other reason, if you wish to use other modes of e-way bill generation such as using offline utility, a direct entry on the portal etc. TallyPrime fully supports these situations.\u003c\/p\u003e\n\u003ch2 id=\"h2-2\"\u003eHow to generate e-way bills in TallyPrime?\u003c\/h2\u003e\n\u003cp\u003eUsing TallyPrime’s online connected e-way bill solution, you can instantly generate e-way bill. All you need to do is just record an invoice in your usual way, and TallyPrime will automatically generate an e-way bill and capture the e-way bill number on the invoice.\u003c\/p\u003e\n\u003cp\u003eTally being one of the recognised ISO-certified GSP (GST Suvidha Provider), TallyPrime directly integrates with the e-way portal to seamlessly generate e-way bill for you. It is so simple that you will certainly feel that generating an e-way bill is just the same as invoicing.\u003c\/p\u003e\n\u003cp\u003eTally’s fully connected e-way bill solution is simple, seamless with zero manual work.\u003c\/p\u003e\n\u003cp\u003e\u003cimg class=\"size-full wp-image-24457 aligncenter\" src=\"https:\/\/resources.tallysolutions.com\/wp-content\/uploads\/2021\/07\/Picture2.png\" alt=\"How to generate accurate e-way bills with TallyPrime\" width=\"604\" height=\"217\"\u003e\u003c\/p\u003e\n\u003cp\u003eA single-time configuration is sufficient for you to generate accurate e-way bills based on the defined threshold in TallyPrime. As per the settings, appropriate transactions will be made eligible for e-Way Bills by TallyPrime.\u003c\/p\u003e\n\u003ch2 id=\"h2-3\"\u003eGet your E-way bill software free trial today!\u003c\/h2\u003e\n\u003cp\u003eGet your GST-ready TallyPrime Perpetual License for Rs. 18000 + 18% GST (INR 3,240).\u003c\/p\u003e\n\u003cp\u003eCall 1800-425-8859\/+91 80 25638240 for any queries. Click \u003ca href=\"https:\/\/tallysolutions.com\/business-software-7day-free-trial\/?strCampaignID=963\"\u003ehere\u003c\/a\u003e to take a free trial!\u003c\/p\u003e\n\u003ch2 id=\"h2-4\"\u003eBenefits of e-way bill:\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003eLess documentation\u003c\/li\u003e\n\u003cli\u003eNo tax evasion\u003c\/li\u003e\n\u003cli\u003eProvide digital compliance solution\u003c\/li\u003e\n\u003cli\u003eAvoid check-posts and delays\u003c\/li\u003e\n\u003cli\u003eEasy and quick generation of e-way bill\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 id=\"GST-E-way-bill-format\"\u003eGST E-way bill format\u003c\/h2\u003e\n\u003cp\u003eThe E-Way Bill format in GST comprises of 2 parts – Part A and Part B. Below is the image of the e-Way Bill that will be electronically generated after completing the Form GST EWB-01.\u003c\/p\u003e\n\u003cp\u003e\u003cimg class=\"size-full wp-image-24454 aligncenter\" src=\"https:\/\/resources.tallysolutions.com\/wp-content\/uploads\/2021\/07\/Picture3.png\" alt=\"GST E-Way Bill Format\" width=\"604\" height=\"352\"\u003e\u003c\/p\u003e\n\u003cp\u003eThe Part A of E-Way Bill in Form EWB 01 aims to collect the details of the consignment, usually, the invoice details such as the customer’s GSTIN, invoice number, Value etc.  Part B comprises of transporter details (Vehicle number and transporter ID). Part B needs to be used to update the transport details.\u003c\/p\u003e\n\u003ch3 id=\"Video-on-How-to-Generate-E-way-Bill-Online-Using-TallyPrime\"\u003eWatch Video on How to Generate E-way Bill Online Using TallyPrime\u003c\/h3\u003e\n\u003cp\u003e\u003ciframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/Y3ndpcROxr4\" width=\"560\" height=\"315\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\n\u003ch2 id=\"5-factors-to-help-you-choose-an-e-way-bill-software\"\u003e5 factors to help you choose an e-way bill software with connected services\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003eConnected solution ability with the e-way bill portal\u003c\/li\u003e\n\u003cli\u003eFlexibility to generate in real-time or as bulk at end of the day\u003c\/li\u003e\n\u003cli\u003eCancel\/extend\/update e-way bill\u003c\/li\u003e\n\u003cli\u003eAbility to handle e-way bill in offline mode\u003c\/li\u003e\n\u003cli\u003eGenerate e-way bill along with e-invoice\u003c\/li\u003e\n\u003cli\u003eSwitch easily between portal and your system\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 id=\"Frequently-asked-questions\"\u003eFrequently asked questions\u003c\/h2\u003e\n\u003ch3\u003eWhat is GST e-Way bill?\u003c\/h3\u003e\n\u003cp\u003eUnder GST, the process and procedural aspects for the movement of goods are prescribed in the \u003ca href=\"https:\/\/tallysolutions.com\/gst\/eway-bill-rules\/\"\u003ee-way bill rules\u003c\/a\u003e. E-way bill stands for Electronic Way Bill. It is usually a unique bill number generated for the specific consignment involving the movement of goods.\u003c\/p\u003e\n\u003ch3\u003eWhen should the E-way bill be generated?\u003c\/h3\u003e\n\u003cp\u003eThe E-Way Bill needs to be generated before the commencement of movement of goods.\u003c\/p\u003e\n\u003ch3\u003eWho should generate the E-way bill?\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eWhen goods are transported by a registered person, either acting as a consignee or consignor in his own vehicle, hired vehicle, railways, by air or by vessel, the supplier or recipient of the goods should generate the E-Way Bill\u003c\/li\u003e\n\u003cli\u003eWhen the goods are handed over to a transporter, the E-Way Bill should be generated by the transporter. In this case, the registered person should declare the details of the goods in a common portal\u003c\/li\u003e\n\u003cli\u003eIn case of inward supplies from an unregistered person, either the recipient of supply or the transporter should generate the E-Way Bill.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eIf you are using e-way bill or e-invoice from TallyPrime, you will get additional connected service capability to get and view details pertaining to a GSTIN or HSN code from TallyPrime itself.\u003c\/p\u003e\n\u003ch3\u003eHow to generate the E-way Bill?\u003c\/h3\u003e\n\u003cp\u003eForm GST EWB-01 is an E-Way Bill form. It contains Part A, where the details of the goods are furnished, and Part B contains vehicle number.\u003c\/p\u003e\n\u003ch3\u003eCan E-way bill be generated for consignments of value less than INR 50,000?\u003c\/h3\u003e\n\u003cp\u003eYes, either a registered person or a transporter can generate an E-Way Bill although it may not be mandatory.\u003c\/p\u003e\n\u003ch3\u003eWhat happens if multiple consignments above the threshold limit are transported in one vehicle?\u003c\/h3\u003e\n\u003cp\u003eThe transporter should generate a consolidated E-Way Bill in the Form GST EWB 02 and separately indicate the serial number of E-Way Bill for each of the consignment.\u003c\/p\u003e\n\u003ch3\u003eOn the generation of E-way bill, will there be any reference number generated?\u003c\/h3\u003e\n\u003cp\u003eUpon generation of the E-Way Bill, on the common portal, a unique E-Way Bill number called ‘EBN’ will be made available to the supplier, the recipient, and the transporter.\u003c\/p\u003e\n\u003ch3\u003eWhat happens if goods are transferred from one vehicle to another vehicle in the course of transit?\u003c\/h3\u003e\n\u003cp\u003eBefore transferring the goods to another vehicle and making any further movement of such goods, the transporter needs to update the details of conveyance in the E-Way Bill on the common portal in Form GST EWB 01.\u003c\/p\u003e\n\u003cp\u003eNote: If goods are transported for a distance of less than ten kilometres within the State or Union territory from the place of business of the transporter finally to the place of business of the consignee, updating the details of conveyance in the E-Way Bill is not mandatory.\u003c\/p\u003e\n\u003ch3\u003eWhat must be done if the validity of the e-way bill expires due to vehicle breakdown or other circumstances?\u003c\/h3\u003e\n\u003cp\u003eThe validity of the e-way bill can be extended under circumstances of exceptional nature, law and order issue, trans-shipment delay, accident of conveyance etc by updating the reason for extension and the details in Part B of Form GST EWB-01.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/eway-bill-registration-on-eway-bill-portal\/\"\u003eE-Way Bill Registration\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/eway-bill-generation-rules-process\/\"\u003eE-Way Bill Generation\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/bulk-eway-bill-generation-format\/\"\u003eBulk E-Way Bill Generation\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/eway-bill-faq\/\"\u003eE-Way Bill FAQs\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/generate-cancel-consolidated-eway-bill\/\"\u003eConsolidated E-way Bills\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/tallysolutions.com\/gst\/gst-eway-bill-verification\/\"\u003eE-Way Bill Verification\u003c\/a\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752248762661,"sku":"EINVEWB","price":2000.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tallyprime_E-WayBill_-E-invoice.jpg?v=1791016182"},{"product_id":"inventory-management","title":"Inventory Management","description":"\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cspan\u003eInventory is one of the most crucial aspects of any business model. A close tab on the movement of inventory can make or break your business and that’s why entrepreneurs always emphasise on effective inventory management. While a few business owners do understand the significance and cruciality of tracking inventory on a regular basis, some fail to realise its importance making their business fall through the unseen cracks.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"h2-1\"\u003eWhat is Inventory Management?\u003c\/h2\u003e\n\u003cp\u003eInventory management is the systematic process of tracking, ordering, storing, and controlling a company’s stock of raw materials, work‑in‑process, and finished goods. It involves monitoring key entities such as SKU, safety stock, reorder point, and lead time to keep supply aligned with demand.\u003c\/p\u003e\n\u003ch2 id=\"h2-2\"\u003eKey Inventory Metrics to Track\u003c\/h2\u003e\n\u003ctable\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eWhy It Matters\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003ca href=\"https:\/\/tallysolutions.com\/inventory\/inventory-turnover-ratio-meaning\/\"\u003eInventory Turnover\u003c\/a\u003e\u003c\/td\u003e\n\u003ctd\u003eShows how often stock is sold and replenished; higher turnover indicates efficient use of capital.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDays Inventory Outstanding (DIO)\u003c\/td\u003e\n\u003ctd\u003eMeasures average days inventory sits before sale; lower DIO improves liquidity.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCarrying Cost %\u003c\/td\u003e\n\u003ctd\u003eQuantifies cost of holding inventory; helps identify savings opportunities.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch2 id=\"h2-3\"\u003e5‑Step Process to Implement Effective Inventory Management\u003c\/h2\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eAudit Current Stock\u003c\/strong\u003e – List all SKUs, quantities, locations, and identify obsolete items.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSet Reorder Points \u0026amp; Safety Stock\u003c\/strong\u003e – Use lead‑time and demand variability to calculate optimal levels.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eChoose the Right Tool\u003c\/strong\u003e – Adopt an \u003ca href=\"https:\/\/tallysolutions.com\/features\/inventory-management\/\"\u003einventory module\u003c\/a\u003e (e.g., Tally) that integrates with accounting and sales channels.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAutomate Data Capture\u003c\/strong\u003e – Implement barcode\/RFID scanning for real‑time updates.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMonitor \u0026amp; Optimize\u003c\/strong\u003e – Review metrics weekly, adjust forecasts, and refine ordering patterns.\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch2 id=\"h2-4\"\u003eBenefits and Importance of Inventory Management\u003c\/h2\u003e\n\u003cp\u003eThe importance of inventory management cannot be stressed enough especially for eCommerce and online retail brands. Accurate inventory tracking allows brands to fulfil orders timely and accurately. Inventory management in businesses must grow as the company expands. With a strategic plan in place that optimizes the process of overseeing and managing inventory, including real-time data of inventory conditions and levels, companies can achieve inventory management benefits that include:\u003c\/p\u003e\n\u003ch3\u003eAccurate Order Fulfilment\u003c\/h3\u003e\n\u003cp\u003eWith an effective \u003ca href=\"https:\/\/tallysolutions.com\/inventory-management-software\/\"\u003einventory management software\u003c\/a\u003e, you can easily track the stock in the warehouse. Bid goodbye to overstocking, stocking of obsolete items, understocking and start focusing on making your brand become one of the key players in the market space. Develop a robust plan with the help of an efficient \u003ca href=\"https:\/\/tallysolutions.com\/accounting-software\/\"\u003eaccounting software\u003c\/a\u003e and avoid inaccurately filled orders, high return volumes and a loss of customer base.\u003c\/p\u003e\n\u003ch3\u003eBetter Inventory Planning and Ordering\u003c\/h3\u003e\n\u003cp\u003eStriking a balance between the demand and supply is extremely crucial for businesses, thus, inventory management provides aid in better planning and ordering of stock items. Imagine having a huge demand for a particular product but not having enough material to supply the same. Sounds like your worst nightmare, right? A detailed inventory management mitigates these issues, allowing warehouse managers to refresh inventory only when needed. It’s both space and cost-effective.\u003c\/p\u003e\n\u003ch3\u003eIncreased Customer Satisfaction\u003c\/h3\u003e\n\u003cp\u003eSince a systematic and robust inventory tracking system will give you a comprehensive view of your stock at-hand, it yields in an increased customer satisfaction. In retail sector, customers resent late deliveries or “out of stock” notifications and eventually never return to the website to fulfil their shopping needs. However, good inventory management leads to orders being fulfilled more quickly and shipped out to customers faster. The enhanced processes can help eCommerce and online retail brands build a strong repertoire with consumers – and keep them coming back for more.\u003c\/p\u003e\n\u003ch3\u003eOrganised Warehouse\u003c\/h3\u003e\n\u003cp\u003eA good inventory management strategy leads to an organized fulfilment centre. An organized warehouse results in more efficient present and future fulfilment plans. This also includes cost-savings and improved product fulfilment for businesses utilizing the warehouse for managing inventory.\u003c\/p\u003e\n\u003ch3\u003eMinimise the Blockage of Financial Resources\u003c\/h3\u003e\n\u003cp\u003eThe importance of inventory control is to minimise the blockage of financial resources. It reduces the unnecessary tying up of capital in excess inventories and also improves the liquidity position of the firm. With proper inventory tracking module, business owners can take quicker decisions about the stock lying in the warehouse more wisely.\u003c\/p\u003e\n\u003ch2 id=\"why-inventory-management-is-important\"\u003eWhy Inventory Management is Important?\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ch3\u003eCash Flow\u003c\/h3\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eInventory control and planning allows small businesses to manage their cash flow opportunities. SMEs aren’t always able to purchase large amounts of inventory, due to limited capital. By having better control of their inventory, they can know exactly how much inventory they will need and when they need it. This can free up other capital to re-invest in other areas of the business.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ch3\u003eBusiness intelligence\u003c\/h3\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eAn inventory control and planning solution allows small businesses to gain insights into the fast-selling products. This allows them to adjust their product line and to make quick and smart business decisions.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ch3\u003eMaximize profits\u003c\/h3\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBy being able to make better business decisions the inevitable outcome for a small business will be an increase in profits. This is because the stock in their inventory will only be stock that’s actually selling. Other stock that doesn’t grab customer’s attention can be deemed obsolete and can be abandoned. This makes the general business practice more efficient.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ch3\u003eLimits employee mishandling\u003c\/h3\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eInventory planning and control limits the ability of employees to steal from the inventory. Often employees use items from a business’ inventory for personal use. Without inventory control, the business owner would be none-the-wiser. This practice ultimately reduces the profitability of the business. By limiting the ability of the employee to steal, the employer is reducing potential ‘hidden’ costs.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ch3\u003eReduce labour costs\u003c\/h3\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eImproved inventory planning and control techniques allow small businesses to reduce labour costs associated with inventory. These include the time spent counting stock and the transportation of stock. Employing an intelligent inventory planning and control solution can significantly reduce all these labour-intensive activities.\u003c\/p\u003e\n\u003ch2\u003eManual vs Automated Inventory Management\u003c\/h2\u003e\n\u003ctable\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003cth\u003eAspect\u003c\/th\u003e\n\u003cth\u003eManual\u003c\/th\u003e\n\u003cth\u003eAutomated (Tally)\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAccuracy\u003c\/td\u003e\n\u003ctd\u003eProne to human error\u003c\/td\u003e\n\u003ctd\u003eReal‑time, error‑free updates\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTime Investment\u003c\/td\u003e\n\u003ctd\u003eHours of data entry\u003c\/td\u003e\n\u003ctd\u003eMinutes via barcode\/RFID\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eScalability\u003c\/td\u003e\n\u003ctd\u003eLimited to small catalogs\u003c\/td\u003e\n\u003ctd\u003eHandles thousands of SKUs\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eReporting\u003c\/td\u003e\n\u003ctd\u003eBasic spreadsheets\u003c\/td\u003e\n\u003ctd\u003eAdvanced dashboards \u0026amp; alerts\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch2\u003ePractical Example: A Small eCommerce Brand\u003c\/h2\u003e\n\u003cp\u003eImagine a boutique clothing store selling 200 SKUs online. Using Tally’s inventory module, the owner sets a 7‑day reorder point and 15 % safety stock for fast‑moving items. Real‑time alerts prevent a stock‑out of a best‑selling dress during a holiday sale, resulting in a 12 % increase in conversion rate and a 5 % reduction in holding costs.\u003c\/p\u003e\n\u003ch2 id=\"h2-0\"\u003e\u003cb\u003eWhat is Inventory Management? Definition, Meaning and Objectives\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp\u003eInventory management can be defined as a whole lot of activities done to maintain an optimum number of inventories to ensure uninterrupted production, sales, high customer satisfaction, reduced inventory handling cost and so on.\u003c\/p\u003e\n\u003cp\u003eIn simple words, inventory management is all about striking the balance between overstocking and understocking. Overstocking will lead to cash flow blockage and additional cost for managing excess stock. On the flip side, understocking leads to loss of sale due to non-availability of stock at the right time.\u003c\/p\u003e\n\u003cp\u003eThus, it’s all about maintaining the right level inventories at the right time and keeping the inventory handling cost at low.\u003c\/p\u003e\n\u003cp\u003e\u003ca href=\"https:\/\/tallysolutions.com\/inventory\/inventory-management\/\"\u003eTo be efficient in inventory management\u003c\/a\u003e, a whole lot of activities\/ techniques are to be followed by the business.\u003c\/p\u003e\n\u003cdiv class=\"col-12 my-4 mx-auto p-0\"\u003e\n\u003cdiv class=\"form-cont d-flex flex-row py-4 lg:p-10 flex my-5 rounded\"\u003e\n\u003cdiv class=\"right-content mr-lg-5 right-cont-form shadow-sm m-auto\"\u003e\u003cform id=\"leadgenform1\" class=\"d-flex flex-column leadform\"\u003e\n\u003cdiv class=\"form-group form-check mb-0\"\u003e\u003ca href=\"https:\/\/tallysolutions.com\/privacy-policy\/\"\u003ePolicy\u003c\/a\u003e\u003c\/div\u003e\n\u003cdiv class=\"d-flex justify-content-center align-items-center\"\u003e\n\u003cdiv id=\"direct-sales\" class=\"btn btn-primary form1SubmitBtn\"\u003e\u003csvg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-arrow-up-right\" viewbox=\"0 0 16 16\"\u003e\u003c\/svg\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/form\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 id=\"h2-1\"\u003e\u003cstrong\u003e\u003cspan\u003eWhy is inventory management important?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eInventory management determines the stock a business should keep and when it should replenish it. It aims to avoid understocking and overstocking for the proper functioning of the business while meeting customer demand at all times. Businesses that can manage inventory well function better because they don’t have unsold stock or deadstock in hand. A business should ideally have sufficient inventory to meet demand and be prepared for unforeseen circumstances when there is a demand surge.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eInventory management formulas determine the ideal amount of stock, when to replenish stock, and how much to keep aside to be prepared in case of emergencies. Depending on your inventory type, you keep, you can use some or all of the inventory formulas for better insights into your business inventory. Inventory management boosts revenue by selling the inventory at the right time. Inventory management applies to every business; whether you are an e-commerce business or even if you operate a brick-and-mortar store.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"h2-2\"\u003e\u003cb\u003eTop 7 Benefits of Inventory Management for Businesses\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp class=\"my-2 [\u0026amp;+p]:mt-4 [\u0026amp;_strong:has(+br)]:inline-block [\u0026amp;_strong:has(+br)]:pb-2\"\u003eInventory management optimizes stock levels to meet demand while minimizing costs, crucial for businesses like those using TallyPrime for GST-compliant operations. It ensures seamless supply chains, reduces waste, and supports accurate bookkeeping in accounting workflows. Proper management aligns with GST inventory tracking for precise invoicing and compliance.\u003cspan class=\"inline-flex\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"my-2 [\u0026amp;+p]:mt-4 [\u0026amp;_strong:has(+br)]:inline-block [\u0026amp;_strong:has(+br)]:pb-2\"\u003eEffective inventory management delivers cost savings by preventing overstocking and stockouts. It boosts operational efficiency through real-time tracking and better demand forecasting. Businesses gain improved cash flow, higher customer satisfaction, and compliance advantages, especially for GST-registered entities managing input credits.\u003c\/p\u003e\n\u003ch2 id=\"h2-3\"\u003e\u003cstrong\u003e\u003cspan\u003eWhat are the challenges of inventory management?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eInventory management is a challenging process, and here are some reasons why.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDifficult to predict demand\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eCustomer demand can change, and a lot of factors can affect demand. Take the pandemic for example. It changed consumer preferences and put the spotlight on certain essential products. As it is difficult to predict customer demand, managing inventory is a tough task because it is never guaranteed what a customer will want in the next instant.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eSpace utilization is tricky\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe way the inventory is managed can be challenging, especially when a business has several product lines. Businesses need to use the warehouse space well otherwise it can easily lead to unsold stock. If the business has multiple warehouses, then it becomes trickier to store efficiently. A lot of time is required to properly manage every warehouse.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDetermining stock in hand\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eMany methods of determining the inventory at hand exist. However, it is still a challenge many businesses struggle with because it is a tedious and time-intensive task. It is prone to error especially when there is no proper inventory management system in place. This can impact the other aspects of your business because your staff will spend mostof the time counting inventory.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eUnexpected problems in the supply chain\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIf any disruptions occur in the supply chain, they will directly impact your business which can cause problems. Natural disasters and other problems can cause delays in receiving orders and disrupt your everyday business. It is difficult to always predict when a problem can happen and so businesses can never be fully prepared for it.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"h2-4\"\u003e\u003cb\u003eInventory Management Process: 5 Steps from Order to Reorder\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThe process of inventory management is as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 1: Order inventory\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe first step starts with you ordering raw materials and the required components you require for the finished goods.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 2: Monitor and store inventory\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYou will monitor the inventory you received from your supplier and then store it as required to ensure it is safe and easily retrievable. You will have a system in place for efficient inventory storage.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 3: Check inventory levels\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYou will check the inventory levels and keep them noted somewhere. You can use any \u003ca href=\"https:\/\/tallysolutions.com\/inventory-management-software\/\"\u003einventory management software\u003c\/a\u003e to reduce errors.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 4: Customers place orders\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eCustomers place orders depending on where you are selling and setting up a storefront. These orders are then approved by a system.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 5: Send orders to customers\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYou then find the necessary items the customers ordered and send them to your customers after packaging.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 6: Update inventory level\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhen the item has been sent, you will update inventory levels, so it accurately reflects the inventory you now have at hand.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStep 7: Restock inventory\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYou are going to restock your inventory as required before the stocks are too low. Restock will depend on demand forecasting and other insights along with past orders.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cb\u003eInventory Management Methods\u003cbr\u003e\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp class=\"my-2 [\u0026amp;+p]:mt-4 [\u0026amp;_strong:has(+br)]:inline-block [\u0026amp;_strong:has(+br)]:pb-2\"\u003eCommon methods include FIFO (First In, First Out) for perishable goods, LIFO (Last In, First Out) for fluctuating costs, and Just-In-Time (JIT) to minimize holding costs.\u003c\/p\u003e\n\u003cdiv class=\"group relative\"\u003e\n\u003cdiv class=\"w-full overflow-x-auto md:max-w-[90vw] border-subtlest ring-subtlest divide-subtlest bg-transparent\"\u003e\n\u003ctable class=\"border-subtler my-[1em] w-full table-auto border-separate border-spacing-0 border-l border-t\"\u003e\n\u003cthead class=\"bg-subtler\"\u003e\n\u003ctr\u003e\n\u003cth class=\"border-subtler p-sm break-normal border-b border-r text-left align-top\"\u003eMethod\u003c\/th\u003e\n\u003cth class=\"border-subtler p-sm break-normal border-b border-r text-left align-top\"\u003eDescription\u003c\/th\u003e\n\u003cth class=\"border-subtler p-sm break-normal border-b border-r text-left align-top\"\u003eBest For\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eFIFO\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eSells oldest stock first\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003ePerishables, GST-valued goods \u003cspan class=\"inline-flex\"\u003e\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eLIFO\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eSells newest stock first\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eNon-perishables with inflation\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eJIT\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eOrders stock as needed\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eLean manufacturing, low storage\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eABC Analysis\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003ePrioritizes high-value items\u003c\/td\u003e\n\u003ctd class=\"px-sm border-subtler min-w-[48px] break-normal border-b border-r\"\u003eHigh-volume accounting firms\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2\u003e\u003cb\u003e \u003c\/b\u003e\u003c\/h2\u003e\n\u003ch2 id=\"inventory-management-formulas\"\u003e\u003cspan\u003eInventory management formulas\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThe main inventory management formulas are as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eInventory turnover\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eInventory turnover or stock turn shows the number of times items were sold and replaced over time. It can enable businesses to make informed pricing decisions and how much inventory to keep in stock. If the ratio is low, it means you have an overstocking situation and if the ratio is high it means you don’t have enough inventory. The inventory turnover can be calculated monthly. The formula for inventory turnover is as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInventory Turnover = Cost of goods sold \/ ((Beginning inventory) + (Ending inventory) \/ 2)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eEconomic order quantity or EOQ\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe economic order quantity formula aims to reduce costs associated with stocking inventory. It reveals how much stock a company should keep. EOQ takes set-up costs, holding costs, and demand rate into consideration. The EOQ value highlights how much inventory a business should keep to meet customer demands at a certain time. The EOQ can be calculated as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEOQ = Square root of (2 x Set-up costs x Quantity sold per year) \/ Holding costs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eSell through rate\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eSell through rate lets you understand the inventory you sold after receiving it. It enables you to know the speed at which your finished goods turn to revenue. A low sell-through rate means you are overstocking or consumer demand has dipped. A high sell-through rate means you have sufficient inventory according to customer demand and the inventory is being utilized efficiently. The sell-through rate formula is as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSell Through Rate = (Number of units sold \/ Number of units received) x 100\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eReorder point\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe reorder point determines when you should stock inventory. It tells you when is the best time to reorder stock. Proper stock management is a major benefit of using this inventory management formula for your business but it is highly useful. If you have many product lines, then it can be a tedious task to compute the reorder point. The reorder point formula is as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eReorder Point = Lead time demand + Safety stock\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eSafety stock\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe safety stock is the stock you should keep away and might need at a later date in an emergency. Having some stock set aside prevents a zero inventory situation whereby no stock is available. This can happen when you are unable to manage your inventory due to supply chain disruption or an emergency has suddenly occurred. All businesses are recommended to calculate this to be better prepared. The safety stock formula is as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSafety Stock = (Maximum daily usage x Maximum lead time) – (Average daily usage x Average lead time)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAdd H2 \"Inventory Management \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\" right after current H2 \"Inventory Classification\" \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAdd H3 \"FAQ 1 - What is the role of inventory management? \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eInventory and stock are used interchangeably by many and experts say it is not wrong to do so because people use the word stock to mean inventory. However, there is a slight difference between the two. Stock means end products while inventory refers to materials used during production and the end products.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"what-is-inventory\"\u003e\u003cstrong\u003eWhat is Inventory?\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003eInventory is an idle stock of physical goods that contain economic value and are held in various forms by an organization. Inventories are held in various forms, it can be a stock awaiting packing, processing, transformation, use or sale in a future point of time.\u003c\/p\u003e\n\u003cp\u003eAny organization which is into production, trading, sales and service of a product will necessarily hold inventories to aid in future consumption and sale.\u003c\/p\u003e\n\u003cp\u003eFrom the above definition of inventory, you can list down the following:\u003c\/p\u003e\n\u003cp\u003e\u003cimg class=\"aligncenter\" title=\"What is Inventory\" src=\"https:\/\/tallysolutions.com\/wp-content\/uploads\/2019\/10\/what-is-inventory.jpg\" alt=\"What is Inventory\" width=\"619\" height=\"285\"\u003e\u003c\/p\u003e\n\u003ch2 id=\"inventory-types\"\u003e\u003cstrong\u003eInventory Types\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003eOne of crucial for efficient inventory management is to know and understand the different types of inventories you deal with. This because, importance, requirements, inventory level, treatment etc. differs basics the type of inventory. For example, the way you look at raw material differs from the finished product.\u003c\/p\u003e\n\u003cp\u003eThe following table explains the different types of inventory along with the examples.\u003c\/p\u003e\n\u003ctable width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd colspan=\"3\"\u003e\n\u003cp\u003e\u003cstrong\u003eTypes of Inventory\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e\u003cstrong\u003eINPUT STAGE\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e\u003cstrong\u003ePROCESS STAGE\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e\u003cstrong\u003eOUTPUT STAGE\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e\u003cstrong\u003eRaw Materials\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e\u003cstrong\u003eWork-in-progress\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e\u003cstrong\u003eFinished Goods\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eConsumables required for processing \u0026amp; manufacturing\u003c\/p\u003e\n\u003cp\u003e·       Fuel, Stationary\u003c\/p\u003e\n\u003cp\u003e·       Bolts \u0026amp; Nuts etc.\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003eSemi-Finished Production in various stages, lying with various departments like\u003c\/p\u003e\n\u003cp\u003e·       Production\u003c\/p\u003e\n\u003cp\u003e·       WIP Stores\u003c\/p\u003e\n\u003cp\u003e·       QC\u003c\/p\u003e\n\u003cp\u003e·       Final Assembly\u003c\/p\u003e\n\u003cp\u003e·       Paint Shop\u003c\/p\u003e\n\u003cp\u003e·       Packing\u003c\/p\u003e\n\u003cp\u003e·       Outbound Store etc.\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eFinished Goods at Distribution Centers throughout Supply Chain\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eMaintenance Items\/Consumables\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003eProduction Waste and Scrap\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eFinished Goods in transit\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003ePacking Materials\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003eRejections and Defectives\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eFinished Goods with Stockiest and Dealers\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eLocal purchased Items required for production\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eSpare Parts Stocks \u0026amp; Bought Out items\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eDefectives, Rejects and Sales Returns\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eRepaired Stock and Parts\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"30%\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd width=\"35%\"\u003e\n\u003cp\u003eSales Promotion \u0026amp; Sample Stocks\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch2 id=\"transaction-types\"\u003e\u003cstrong\u003eTransaction Types\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003eInventory transactions are used to track the quantities \u0026amp; movements of inventories. It’s not just your purchase or sale that becomes part of your inventory transaction types. While these are most frequent, but you got to deal with different inventory transaction types in accordance with the situation. The input from this becomes part of the key reports required for optimum inventory management.\u003c\/p\u003e\n\u003cp\u003e\u003cimg class=\"aligncenter\" title=\"Transaction Types\" src=\"https:\/\/tallysolutions.com\/wp-content\/uploads\/2019\/10\/transaction-types.jpg\" alt=\"Transaction Types\" width=\"617\" height=\"302\"\u003e\u003c\/p\u003e\n\u003ch2 id=\"inventory-classification\"\u003e\u003cstrong\u003eInventory Classification\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp\u003eInventory classification refers to the grouping of inventory for ease of identification, accessibility and differentiation by the nature of the stock, value, durability, etc. While there no standard that guides how once should classify the inventories but it is recommended that classification should be carried out basis the end objective you would like to achieve through this.\u003c\/p\u003e\n\u003cp\u003eFor example, if you would like to see the basis of the report the type of inventories, you can classify it as raw materials, work-in-progress and finished products. Similarly, you can classify it by brand, nature, size, colour etc.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eExamples of Inventory Classification\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cimg class=\"aligncenter\" title=\"Examples of Inventory Classification\" src=\"https:\/\/tallysolutions.com\/wp-content\/uploads\/2019\/10\/examples-of-inventory-classification.jpg\" alt=\"Examples of Inventory Classification\" width=\"652\" height=\"315\"\u003e\u003c\/p\u003e\n\u003cp\u003eAs shown in the above example, manufacture would classify the inventory basis the inventory types while a trader may classify based on the type of product or the brand he is dealing with. It is important to keep in mind the end objective while classifying the inventories. The better you classify your inventories; it becomes easier for you to read through the inventory reports.\u003c\/p\u003e\n\u003ch3\u003eWatch this Video to Know How to View and Analyse Inventory in TallyPrime\u003c\/h3\u003e\n\u003cp\u003e\u003ciframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/TWf87_b53tc\" width=\"560\" height=\"315\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752250827045,"sku":"TIM","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_5edd3888-c666-4eef-ab11-192250f73dd5.jpg?v=1788880918"},{"product_id":"tally-data-migration-conversion","title":"Data Migration \u0026 Conversion","description":"\u003cp class=\"p1\"\u003e\u003cstrong\u003eWhy Businesses Need Tally Data Migration\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eMost firms, as their operations grow and expand, start to find this standalone feature of Tally limiting. Bigsun and other modern ERPs offer greater depth in financial insights, automation, and scalability that is not always possible with Tally. Migrate your existing data in Tally to carry your financial history into a new, integrated environment, assuring you of a smooth transition sans starting from scratch.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eIt is cumbersome, prone to risk, and time-consuming to transfer data manually. Any error in the balances of ledgers, journal entries, or details of GST may lead to non-compliances. A Tally data migration tool eliminates this risk by automating the process and ensures accuracy every step of the way.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eWhat is a Tally Migration Tool?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eThe Tally migration tool is a class of software solutions developed to help migrate or convert your accounting information from Tally into another platform or upgraded version. It ensures continuity of ledgers, vouchers, trial balances, and financial reports.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eThese utilities can handle everything, from small accounting files to huge datasets that enable you to keep your enterprise running without downtime.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eKey Features of a Tally Data Migration Tool\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eAutomated Data Transfer\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eThere is no manual re-entry required. It migrates Ledgers, Vouchers, and other records from your old system directly into the new system.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eAccuracy and Validation\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eData fields are all checked for consistency to ensure that migration results in a perfect match of balances and transactions.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eMultiple Version Compatibility\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eBe it an upgrade from Tally ERP 9 to Tally Prime or a migration to some other ERP solution, these tools are designed to handle all versions efficiently.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eSecure Data Handling\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eSensitive financial information is encrypted during migration, thereby protecting it from unauthorized access or corruption.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eError Reporting and Logs\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eIf any of the data doesn't get transferred, the tool gives very detailed logs so you can review and correct the issues.\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cstrong\u003eFast Deployment \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003eA well-built migration tool completes the process in a fraction of the time it would take to do manually, reducing system downtime.\u003c\/p\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752253219109,"sku":"TMC","price":1500.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_b1c2ed93-b8bf-4b99-99ac-7746f4e5585b.jpg?v=1788880956"},{"product_id":"tally-data-backup-technical-support","title":"Tally Data Backup","description":"\u003ch3\u003e\u003cb\u003eAre backups generated every day?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eCheck whether your accounting or \u003c\/span\u003e\u003cspan\u003eERP software\u003c\/span\u003e\u003cspan\u003e automatically creates a backup each day, or whether it depends on someone on your team to initiate it. Manual backup processes are inherently unreliable because the daily backup requirement cannot depend on human action. If a team member is absent, takes leave or forgets, the backup for that day is missed. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTo meet compliance requirements, backups must be automated and run daily without user intervention.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eCan you prove that backups are being taken?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eYou can only confirm compliance if the system generates proof. A backup taken but not logged is nearly impossible to demonstrate to a tax officer. Your system should generate a backup log that records the date, time, file size and status of each backup operation. Without this, you cannot reliably prove that daily backups are being created as required.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eWhere are your backup servers located?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eBackups must be stored on servers physically located in India as per the rule. If you use a cloud-based accounting platform, verify the actual storage location with your vendor. Some providers use Indian data centres by default, while others store data outside India. You need written confirmation of storage in India, not verbal assurance.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eCan records be accessed in India at any time?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eCompliance requires uninterrupted access to electronic records by tax authorities. This means no restricted access, no time-zone dependency and no extended downtime that prevents retrieval. If data access requires vendor intervention or is limited by maintenance windows, it may not meet the requirement of continuous availability.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eHave you tested data restoration recently?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eA backup is compliant only if it can be restored successfully. If restoration has not been tested recently, there is no assurance that data can be recovered accurately when needed. Regular restoration testing is essential to confirm that backups are functional, complete and usable.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eDoes your software provider support compliance requirements?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eYour software provider is part of your compliance setup. If the system does not support daily automated backups, lacks audit logs or stores data outside India without a compliant option, you need to confirm their position. Request written confirmation of the backup frequency, storage location and log generation before the deadline.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eIs there a documented backup policy?\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eCompliance requires a defined process, not just a technical setup. Your business should maintain a written policy outlining how backups are taken, where they are stored, who is responsible for monitoring them and how failures are handled. Without documentation, even a functional system may be considered incomplete during assessment.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"h2-1\"\u003e\u003cb\u003eCommon compliance gaps businesses should address \u003c\/b\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eMost gaps are not the result of negligence. They reflect the fact that backup systems were set up for operational continuity, not regulatory compliance. These are the most common issues.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eMissing backup logs\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis is a compliance gap because it removes proof of action. If your system does not record when backups were taken, whether they succeeded and what data was included, you cannot demonstrate compliance during an \u003c\/span\u003e\u003ca href=\"https:\/\/tallysolutions.com\/accounting\/audit-trail-meaning-examples\/?srsltid=AfmBOooC0CkF97hefe612Kprmwyrc3C1sW0rlB6njC3BwfDv6X6Xt4Os\"\u003e\u003cspan\u003eaudit\u003c\/span\u003e\u003c\/a\u003e\u003cspan\u003e. A valid backup system must automatically generate logs or maintain a verifiable record of each backup event.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eInconsistent backup schedules\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis is a compliance gap because it fails the daily requirement. Weekly or monthly backups do not meet the 1 April 2026 mandate. To be compliant, backups must run daily, either through automation or via a strictly enforced process that cannot be skipped. Any schedule that allows gaps creates non-compliance risk.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eLack of recovery testing\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis is a compliance gap because it leaves backup integrity unverified. If a backup has not been restored and checked, there is no confirmation that the data can actually be recovered in full. Compliance requires periodic restoration testing with documented results to ensure backups are usable, not just stored.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cb\u003eDependence on employee-driven backup processes\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis is a compliance gap because it introduces avoidable failure points. If backups depend on an individual manually triggering them, the process will break during absences, holidays or staffing changes. Compliance requires automation or a system-driven process that runs independently of human intervention.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 id=\"h2-2\"\u003e\u003cb\u003ePreparing for 1 April 2026: A practical checklist\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThis checklist helps you verify whether your business meets the daily backup compliance requirements before the deadline: \u003c\/span\u003e\u003c\/p\u003e\n\u003ctable\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cb\u003eTask\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cb\u003eAction required\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eConfirm backup frequency\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eVerify daily automated backups are in place\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eVerify server location\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eConfirm backup server is physically in India\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eEnable backup logging\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eEnsure logs capture date, time and status\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eTest data restoration\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eRun a full restoration test and document results\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eGet vendor confirmation in writing\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eRequest written statement from software provider\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eReview access availability\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eConfirm records are accessible at all times\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eDocument your backup policy\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eCreate or update your written backup procedure\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eAssign responsibility\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eDesignate a named person to monitor daily backups\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eSet up failure alerts\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eConfigure alerts for any backup that fails or is skipped\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eRetain backup records\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003ctd\u003e\n\u003cp\u003e\u003cspan\u003eKeep backup logs for the prescribed retention period\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch2 id=\"h2-3\"\u003e\u003cb\u003eConclusion\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThe new income tax rule requires daily automated backups, storage on servers in India, continuous access to records and the ability to reproduce data on demand. Most businesses will need to adjust at least one part of their current setup, whether it is backup frequency, storage location, logging or documentation. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIdentifying gaps early makes compliance simpler and less disruptive. Limelight helps businesses build audit-ready systems that align with evolving regulatory requirements and ensure smoother compliance ahead of the 1 April 2026 deadline.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eTallyPrime's auto-backup feature offers complete data safety so you can focus on growing your business. It allows you to schedule automatic backups everyday that run quietly in the background, storing your information securely in the cloud with TallyDrive.\u003c\/p\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752255185189,"sku":"TBKP","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_d7365777-7b83-4819-91c1-ee402cb26365.jpg?v=1788881011"},{"product_id":"tally-amc-support","title":"Tally AMC Support","description":"\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cspan\u003eTally AMC (Annual Maintenance Contract) is a yearly service plan that gives you year round technical support, software updates, error fixes, migration assistance, and free  training keeping your Tally Prime always running smoothly.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eA team of professionals with extensive knowledge of Tally Best will provide your company with a business continuity support system. We guaranty our assistance even on holidays and beyond regular business hours so you can carry on with your work in peace.\u003c\/p\u003e\n\u003cp\u003eMaxz IT Solutions offers a variety of Tally services, including year-round Tally support. Our Tally AMC fees and packages start at just Rs. 8000 per year (the cost of online support for a single Tally user). Our service experts at \u003cmeta charset=\"utf-8\"\u003eMaxz IT Solutions are knowledgeable in Tally and have extensive experience with the product. Save time by contacting our customer helpline to receive prompt, accurate responses to all of your Tally questions and how-to assistance from \u003cmeta charset=\"utf-8\"\u003eMaxz IT Solutions's support staff.\u003c\/p\u003e\n\u003cp\u003eThrough phone, email, chat, instant remote support (using remote desktop sharing software), the Tally Support Center, and unlimited onsite visits under our Onsite Support plan, we offer unconditional Tally support.\u003c\/p\u003e\n\u003cp\u003eGet Tally AMC from Tally experts!\u003c\/p\u003e\n\u003cp\u003eTo keep their expertise current, our employees receive regular training. We offer extra help in the evenings and on weekends, and we are available six days a week. Select the service package that works best for you and offer assistance as needed.\u003c\/p\u003e\n\u003cp\u003eWe always offer the ideal Annual Support Cover Plan for you, regardless of the size of your company or how experienced you are with Tally.\u003c\/p\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752257118501,"sku":"TAMC","price":8000.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_38cff90c-f131-4eb1-a30f-6a475273a777.jpg?v=1788881039"},{"product_id":"tally-training","title":"Tally Training","description":"\u003ch2 class=\"h2 text-white mb-0 mainTitle\"\u003eWhy do training Tally software?\u003c\/h2\u003e\n\u003cp\u003eYou can select from a variety of modules in our corporate training program to meet your organizational training requirements. It is intended to teach your top managers, sales personnel, purchase and stores personnel, and accountants how to use Tally for their responsibilities.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eCoverage\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThrough better Tally usage, which includes learning fundamental accounting, printing documents like purchase orders and invoices, inventory accounting and management, statutory compliance, etc., the training guaranties a rise in your employees' productivity.\u003c\/p\u003e\n\u003cp\u003eThe program, which covers order booking, tracking, and management, can be extended to the employees of your sales and purchase division. The administrator or EDP in charge can be trained to specify user rights and security, appropriate data backup and maintenance, a list of dos and don'ts for Tally's seamless functioning, etc. Some lesser-known but powerful functions, such as Remote Edit Access, Control Center, Support Center, SMS in Tally, GST, etc., may also be included in the Tally training program.\u003c\/p\u003e\n\u003cp\u003eBusinesses spend money on employee training to increase employee performance on a number of metrics, such as employee retention, employee satisfaction, customer satisfaction, and, of course, profitability.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSome of our popular training programs\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul class=\"\"\u003e\n\u003cli\u003eBasic Tally \u0026amp; GST training\u003c\/li\u003e\n\u003cli\u003eE-Way bill and GST Return in Tally\u003c\/li\u003e\n\u003cli\u003eManufacturing in Tally\u003c\/li\u003e\n\u003cli\u003ePayroll management\u003c\/li\u003e\n\u003cli\u003eBasic business essentials in TallyPrime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cstrong\u003eWhat does Tally training by Maxz IT Solutions cover?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"my-3\"\u003eManages billing, compliance, and financial tracking for the education sector\u003c\/p\u003e\n\u003cdiv\u003e\n\u003cul class=\"text-white additionalFeaturesList ps-0\"\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eApply the correct HSN\/SAC codes for all your training services\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eEliminate errors in tax calculation on every invoice\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eMaximise your profitability with accurate ITC claims\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eSave countless hours on GST return filing\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eManage advance payments and deferred revenue correctly\u003c\/li\u003e\n\u003cli class=\"mt-2 mt-lg-4\"\u003eGet a clear view of your course-wise profitability\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cdiv class=\"row\"\u003e\n\u003cdiv class=\"col-12 col-lg-6 col-xl-8 mx-auto pt-3\"\u003e\n\u003ch2 class=\"text-center font-weight-bold h2Head mt-3\"\u003eKey features of TallyPrime for GST on training services\u003c\/h2\u003e\n\u003cp class=\"text-center text-gray\"\u003eTallyPrime offers all the right tools to simplify GST management for the education and training industry.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"row tabContentArea justify-content-center pt-3 pb-4\"\u003e\n\u003cdiv class=\"col-xl-2 col-lg-2 d-none d-lg-block mr-lg-3 mr-xl-0 d-none\"\u003e\n\u003cdiv class=\"row tab my-3\"\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2  tablinksActive\"\u003eAccurate GST invoicing and HSN\/SAC\u003c\/div\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2  tablinksActive\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eEasily assign and manage the correct HSN or SAC codes for different programmes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCreate and send professional, GST-compliant invoices in just a few clicks\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAdd your logo and payment QR codes to invoices for faster payments\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAutomate Place of Supply to ensure the correct tax (CGST\/SGST or IGST) is charged\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2\"\u003eEffortless ITC and reverse charge\u003c\/div\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eGet a clear view of all eligible Input Tax Credit on your business expenses\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAutomatically detect and manage transactions liable for Reverse Charge Mechanism (RCM)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAllocate expenses to specific courses or batches to track profitability accurately\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2\"\u003eSimplified financial management\u003cspan\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"col-12 tablinks pointer py-xl-2 py-lg-2\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eRecord and manage advance fees from students and adjust them against future invoices\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eHandle all your accounting needs, from bookkeeping to financial reporting\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGenerate insightful reports like P\u0026amp;L, Balance Sheet, and Cash Flow statements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cdiv class=\"row py-lg-4\"\u003e\n\u003cdiv class=\"col-12\"\u003e\n\u003ch2 class=\"text-center\"\u003eBenefits of TallyPrime for GST on training services\u003c\/h2\u003e\n\u003ch4\u003eIndustry-specific solution\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003ePerfectly suited for coaching centres, corporate trainers, and educational institutions.\u003c\/p\u003e\n\u003ch4\u003eGuaranteed GST compliance\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eStay updated with the latest GST rules and tax rates for training services.\u003c\/p\u003e\n\u003ch4\u003eProfessional billing\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eCreate accurate and compliant invoices that enhance your brand image.\u003c\/p\u003e\n\u003ch4\u003eOptimise ITC claims\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eEnsure you never miss out on eligible Input Tax Credit on your expenses.\u003c\/p\u003e\n\u003ch4\u003eFaster GST filing\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003ePrepare and file your GSTR-1 and GSTR-3B in a fraction of the time it takes manually.\u003c\/p\u003e\n\u003ch4\u003eAnalyse course profitability\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eGet detailed reports to understand which training programmes are most profitable.\u003c\/p\u003e\n\u003ch4\u003eError-free accounting\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eTallyPrime’s smart features prevent common accounting and GST errors.\u003c\/p\u003e\n\u003ch4\u003eSimple and easy to use\u003c\/h4\u003e\n\u003cp class=\"text-gray\"\u003eYou don't need to be an accountant to manage your business finances with TallyPrime.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MAXZ IT SOLUTIONS","offers":[{"title":"Default Title","offer_id":53752261116197,"sku":"TRAINING","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1013\/4526\/3909\/files\/Tally_product_768x1024_4cf60505-b93c-4f50-a25f-5a5877c28ecd.jpg?v=1788881058"}],"url":"https:\/\/maxzitsolutions.com\/collections\/services.oembed","provider":"MAXZ IT SOLUTIONS","version":"1.0","type":"link"}