Tally Solutions

From business guides, to accounting techniques to being GST-compliant; Tally Solutions give you a whole lot of tips and guides to make the most of our business management software, TallyPrime. With the help of our expert content and specially curated blogs, you can take crucial business decisions, seamlessly.

Posts by Tally Solutions:

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Small Business Management Tips for Success

Small business management is no easy feat. It requires hard work, smart work, time, dedication, patience, and skills. However, with a clear mind and determination to make your small business

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Inventory management challenges
Common Inventory Management Problems, Challenges, And Solutions

Inventory management is an essential process in many different businesses ranging from retail sales to manufacturing industries. Good inventory management is crucial to the success of these businesses

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Warehouse Management
Best Tips to Maintain Your Warehouse | Warehouse Management System

Warehousing is the storage of manufactured products or goods to be sold later. A warehouse is usually a space that is specifically designed for storage. It may be owned or rented by the manufacturer.

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Accounting Fundamentals
Why Is Accounting Important For Business? – Accounting For Small And Larger Businesses

Accounting is an essential part of running a business whether big or small. It is the process and method of recording, analysing, summarising, and extracting reports about the transactions

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inventory control
What Is The EOQ Formula (Economic Order Quantity)?

Economic order quantity or EOQ is used in cost accounting to calculate how much optimum inventory levels of a product should be maintained to prevent understocking and overstocking.

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Budget
What Is Zero-Based Budgeting? | Meaning, Process, and Examples

Let us begin by exploring the zero based budgeting meaning. Zero based budgeting or ZBB is budgeting with a reset button as it starts with zero after every period. Every new budget that is created

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Cost Analysis Cost Management
Life Cycle Costing | Definition, Process, Example, & More

Life cycle costing is a method of adding up all the costs associated with an asset starting from its initial cost to its end of life. It does not take into account the salvage value or residual

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audit Audit Types
Types of Audit: 9 Different Types of Audits and Level of Assurance

An audit is an investigation and assessment that ensures the accuracy of information presented by a business. Let’s check 9 different types of audits.

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Chart of accounts COA
How To Organize Chart Of Accounts (COA)?

Chart Of Accounts is a list of accounts that are present in your business’ general ledger. Let’s understand what is COA and how to create & organize it.

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Types Of Inventory Or Stock For Retailers & Business

Inventory consists of raw materials used to produce goods & the end products that are ready to be sold to customers. Check types of inventory or stock for retailers & business.

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Accounting Fundamentals
Fundamentals of Accounting | Accounting Basics

Accounting is consolidating the financial transactions of a company that involves recording, analyzing, reporting & retrieving. Understand fundamentals of accounting.

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Expenditure Revenue Expenditure
Revenue Expenditure: Definition, Types & Example

Revenue expenditure is concerning fixed assets as it records the expenses which have occurred in connection to a fixed asset. Check what is revenue expenditure with types & examples.

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