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Are You An Owner Of A Building Material Business? Here’s How TallyPrime Can Accelerate Your Growth

Posted on: November 22, 2022 | Last modified on: February 9, 2023

Salient features of TallyPrime TallyPrime for guaranteed growth TallyPrime is trusted by more than 2 million MSMEs across the globe because of its effectiveness, automation, security, and the plethora of useful features it offers. Being one of the most advanced business and accounting software solutions, TallyPrime can turbocharge your building material business by improving processes, accelerating operations, and propelling activities that matter to your business for better results. Whether you are a start-up who has just launched your business, or you are a medium-sized business that has been in operation for a few years, TallyPrime caters to your growing needs.…

5 Things You Can Do Using Save View Option in TallyPrime

Posted on: July 14, 2021 | Last modified on: January 25, 2024

Just like each business is unique in a way it functions and operates, viewing reports too has a similar need. The information one would want to view in a report may differ from one user to another, even though the report is the same. Different users would like to view it differently in a way that best suits their needs. In simple words, sometimes, one view of the same report doesn’t help all. TallyPrime’s new capability ‘Save View’ allows you to personalize the reports the way you want and the way it best works for you. With the new capability…

Import Data from Excel to TallyPrime

Posted on: December 13, 2023 | Last modified on: January 1, 2024

Excel spreadsheets are a common tool used in businesses for managing a wide range of data, like customer info, finances, and inventory. They're the go-to format for sharing transaction details in the business world. Even if businesses use software for most tasks, they still rely on Excel for some data. For example, when a business gets order or invoice info from an e-commerce platform, it's often in Excel format.  The big question is: what do they do with this data in Excel? The answer is quite simple. They need to manually enter this data into their main business software. Imagine…

Why Is Accounting Software in Bangladesh So Important?

Posted on: August 4, 2021 | Last modified on: January 13, 2023

What is accounting software How does accounting software work and help businesses in Bangladesh Which is the best accounting software in Bangladesh? Conclusion Automation of accounting is one of the key aspects of a business. TallyPrime – the best accounting software in Bangladesh will transform the way you manage your accounting and invoicing needs. From generating insightful financial reports to managing your inventory levels, TallyPrime will become your growth partner and aid in better business management. Take a free trial What is accounting software? An accounting software solution is one that cultivates under the same roof where all systems and…

Letter of Credit in Bangladesh – Definition, Types and Processes

Posted on: February 15, 2022 | Last modified on: April 25, 2023

A letter of credit is one of the pillars modern business and trade. Much of international trade depends on firms being able to guarantee the surety of payments to other firms in faraway nations; import and export would almost come to a standstill. What is a letter of credit? A letter of credit (sometimes also called a credit letter), is, in short, a document ensuring that a seller will receive the full payment from the buyer. In case the buyer is unable to make the payment, the bank steps in to fulfil the obligation. The bank also collects a fee…

How To Choose Business Management Software In Bangladesh

Posted on: April 27, 2022 | Last modified on: February 14, 2023

Why business management software? Common business management software features 5 Tips to select the best business software Manage your business overall In a competitive market, a business needs every advantage that it can get. A business needs to get better and faster while also spending less and making more money. Employees need to be encouraged to achieve higher productivity. A business management software solution can make a huge difference to the productivity of a workplace. Automating repetitive tasks  can speed up operations, improve productivity and free up human resources to focus on bigger tasks. A business management software also helps…

Payback Period

Posted on: June 30, 2022 | Last modified on: July 20, 2022

What is the payback period? Example of payback period What is a good payback period? Is the payback period the same thing as the break-even point? How do you calculate the payback period? What are some of the downsides of using the payback period? When would a company use the payback period for capital budgeting? Opportunity to add a payback calculator When you invest money, you want to make more money from your investment. Ideally, you would make a huge amount, and the worst-case scenario would be causing a loss. At the very least, an investor should be able to…

How are comprehensive reports indispensable for construction/building companies?

Posted on: November 22, 2022 | Last modified on: January 3, 2023

Project Reports Material and Inventory Reports Cash Flow Reports Accounting Reports Conclusion ‘The Next Normal in Construction’ was a report published by Mckinsey in 2020 and it states that 71% of construction companies believe that digital skills and making decisions based on comprehensive data reports will be the norm for their businesses and the industry, as a whole. Forward-thinking leaders in the industry have recognized the importance of project decisions that are supported by data. One of the most irksome issues faced by the industry is the rate of project failures, which can be eliminated through the use of intelligence…

Manage your construction business using TallyPrime

Posted on: November 22, 2022 | Last modified on: April 10, 2023

Managing a construction project is no easy task, from its inception to execution, there are a multitude of factors to keep in mind. And if keeping track of one project was tricky, having multiple projects in the pipeline at the same time bumps up the difficulty level significantly. When dealing with multiple construction projects at the same time, the list of tasks that end up having a disproportionate amount of impact increases exponentially. Even the most seasoned project managers have fits when thinking about dealing with multiple project issues. As a result, mismanagement or ignorance about these issues can lead…

Unlocking Business Insights: TallyPrime’s Intuitive and Powerful Dashboard

Posted on: December 13, 2023 | Last modified on: January 1, 2024

TallyPrime has introduced an all-new graphical dashboard feature that revolutionizes the way businesses analyze and present their data. With the power of visualization, this feature not only makes data more accessible but also more engaging.   Every business is unique, and so are their key performance indicators (KPIs) and metrics. The diverse needs of users within an organization often demand tailored approaches to data tracking and reporting. TallyPrime understands these dynamics and offers a solution that empowers businesses to customize their dashboards to suit their specific needs. TallyPrime's intuitive and powerful dashboard is designed with flexibility in mind, allowing businesses to…

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