Tally Solutions

A balance sheet is also called the statement of financial position. It is amongst the three financial statements that are important, with the other two being the income statement and cash flow

Business reports do not get the recognition they deserve. Used frequently and correctly, they can be indispensable tools for businesses. The root of the problem is that many business owners do not

Enterprise resource planning or ERP is a business management software that focuses on the business processes aspect. ERP is used to manage day-to-day tasks and processes of businesses of every size.

Bookkeeping is the process of storing, managing and retrieving your business’s financial data. Bookkeeping includes all tasks related to recording and pulling out financial transaction information

Cash flow is the net amount that flows into your business and out of your business during a period. This period is usually a month, quarter, or year. Cash flows occur from three major sources;

Cash flow is the real cash that is available in your business. Negative cash flow is when your business is spending more than it is earning in a given period. For example, let us say your revenue was

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

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

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.

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

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.

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