The most preferred software by businesses of all sizes across the globe.
TallyPrime simplifies business management for millions across India.
TallyPrime powers the most e-invoices in India, trusted for compliance and growth.
Over 36 years, Tally has been helping businesses thrive with smarter solutions.
Go beyond simple tracking to truly optimise your inventory
Master the methods for effective inventory management
TallyPrime Silver - Suitable for businesses that need TallyPrime on a single PC
41581
+18% GST
TallyPrime Gold - Perfect for businesses needing multi-user access on multiple PCs
Use techniques like ABC analysis to focus on high-value products.
Implement JIT and EOQ to avoid tying up capital in excess stock
Use barcode scanners to speed up your entire warehouse operation.
Replace manual spreadsheets with an integrated inventory management software for perfect accuracy.
Accurate inventory valuation leads to correct financial reports.
Techniques like cycle counting keep your stock records accurate year-round.
A central software gives you a real-time view of your entire inventory.
The right tools and techniques allow your operations to grow without chaos.
Why businesses choose TallyPrime
Module-based pricing; need to purchase additional features separately
Save up to 80% of annual software costs.
Learning curve can be steep; some are suited for specific sectors only
Save up to 40–50 hours of training time per employee annually.
Similar options available
Save up to ₹50,000 annually in infra adjustments.
No option of lifetime license. Expensive for long term usage.
Save up to ₹10,000 per user annually compared to other accounting software.
May require onboarding, documentation, or support to get started
Save up to ₹15,000–₹25,000 annually in support costs.
For most cases, the support is provided by chatbots
Ensure zero penalties, saving up to ₹50,000+ annually in potential GST fines.
May need to incur additional cost for adding more users or features (godowns, companies, employees, payroll, etc)
No extra cost for adding users — save up to ₹5,000–₹10,000 per user annually.
Retail and e-commerce
Focus on tools like barcode scanners and POS integration. Techniques like ABC analysis for product categorisation and demand forecasting for seasonal trends are crucial.
Manufacturing
ERP/IMS software is essential. Key techniques include Just-In-Time (JIT) for managing raw materials and Bill of Materials (BoM) tracking for production.
Wholesale and distribution
Multi-warehouse management software and business intelligence tools are vital. Techniques like EOQ and safety stock calculations help manage bulk inventory efficiently.
Explore TallyPrime risk-free and experience its features firsthand
Quick setup on your system with simple installation steps.
Add company details, GSTIN, and basic preferences in minutes.
Enable invoicing, GST, payroll, or inventory modules as per your needs
Generate P&L, balance sheet, and cash flow reports instantly
Access help articles, video tutorials, and dedicated support from Tally experts
For most modern businesses, an integrated inventory management software like TallyPrime is the most crucial tool, as it acts as the central system for implementing various techniques together.
It's a technique to categorise your inventory into three groups: A (your most valuable items), B (mid-range), and C (low-value). This helps you focus your management efforts on what matters most.
A great starting point is to use software to get accurate data, and then apply simple techniques like setting reorder levels and performing regular physical stock counts (cycle counting).
It can be if you don't have reliable suppliers or a good demand forecast. It's a powerful technique, but it requires a stable supply chain to be effective.
FIFO (First-In, First-Out) assumes you sell your oldest stock first. LIFO (Last-In, First-Out) assumes you sell your newest stock first. The method you use affects your profit calculation.
Barcodes automate data capture. Scanning a barcode is much faster and more accurate than manually typing item codes. This speeds up billing, receiving, and stock audits.
EOQ is a formula used to calculate the most economical quantity to order, balancing the cost of ordering the goods against the cost of holding them in stock.
While possible for very small inventories, it's extremely difficult and prone to errors. An inventory management tool like TallyPrime automates these calculations and makes implementing techniques much easier.
Instead of one big annual count, many businesses adopt "cycle counting”, where you count small sections of your inventory regularly (daily or weekly). This keeps your records accurate year-round.
