Receivable and payable management
Receivable and payable management
In TallyPrime, for each invoice, a unique bill reference is automatically generated to manage the outstanding.All you need to do is track the bill on accepting or making payments, and voila, it will be easy for you to track and match invoice, and get to know the pending bills.
Ageing analysis
Ageing analysis
With TallyPrime's ageing analysis report, you can easily identify the bills which are pending from a long time and accordingly follow-up. The ageing style and ageing interval can be set according to your needs.
Track receivables & payables as per MSME payment rule
Track receivables & payables as per MSME payment rule
Registered MSMEs can effortlessly track upcoming or delayed receivables and send timely reminders to buyers. Businesses dealing with MSMEs can quickly identify the upcoming/overdue payables to micro and small enterprises. The best part is that you can track the upcoming due days based on the bill date, MSME credit period or the earliest of bill date or MSME credit period.
Multiple bill settlement
Multiple bill settlement
Using bill settlement option in TallyPrime, You have a faster method to clear a party's bulk payments for multiple pending bills together.
Interest calculations
Interest calculations
When it comes to outstanding or credits management, you may charge interest on pending bills. TallyPrime makes it easy by automatically calculating the interest either with simple or compound interest method and assists in accounting accrued interest into the books.
Cash and funds flow
Cash and funds flow
Get the status of cash flow and funds flow in a single click with TallyPrime. Track and plan the cash flow and allocate capital rightly for the smooth functioning of the business.
Cash flow projection
Cash flow projection
A cash flow projection considers various instance of anticipated inflow and outflow and accordingly projects the net balance available for a given period. Instant cash flow projection report in TallyPrime helps in planning your investment or spendings keeping in mind the expected inflow.
Credit control techniques
Credit control techniques
To ensure better credit management, you can set maximum credit limit based on the credibility of the customer. You will also be notified through an alert during a sales invoice if your customer has any overdue bills.
