Inventory Management

Define unlimited Groups, Categories, Batches, Locations/Godowns

Define unlimited Groups, Categories, Batches, Locations/Godowns

If your business has multiple product lines and each product line needs segregation, you can do so easily with TallyPrime by defining unlimited groups, categories, batches and locations/Godowns.

Flexible Units of Measure

Flexible Units of Measure

Handling real-time complexities like 'the requirement to buy in one unit and sell in another', 'Stock Items required to be quantified in more than one unit', 'measuring the unit of stock item with floating conversions' etc. is no more a tedious task with TallyPrime. The flexible units of measure in TallyPrime allows you to manage and quantify the stock the way you want.

Manufacturing Journal

Manufacturing Journal

Record the entire cycle of manufacturing activity using TallyPrime. Record raw materials involved, track godowns from where the raw material is dispatched and their purchase costs. Record the details of finished goods, by-products and scrap yielded.

Bill of Material

Bill of Material

The comprehensive Bill of Material (BoM) feature in TallyPrime allows you to define the raw materials, assemblies, parts and components, along with quantities of each inventory, needed to manufacture a finished product. You can also define the by-products, co-products and scrap in BOM of finished products.

Re-order Level

Re-order Level

Using Reorder level in TallyPrime, you can ensure that you never run out of stocks and in real-time get to know the stock which must be replenished along with right quantities. You can set re-order level and Minimum order level and automatically generate re-order status report along with shortfall and quantities to be ordered.

Multiple Stock Valuation

Multiple Stock Valuation

TallyPrime lets you value your closing stock using different stock valuation methods. The flexible stock valuation method allows you to set different stock valuation method for each item based on your requirement. TallyPrime supports the following stock valuation Methods.

  • Average Cost
  • FIFO
  • FIFO Perpetual
  • Last Purchase Cost
  • LIFO Annual
  • LIFO Perpetual
  • Std. Cost
  • Monthly Avg. Cost
  • At Zero Cost

Job Work

Job Work

With TallyPrime 's powerful Job work feature, you can completely manage job work process both as principal manufacturer and job worker. It's flexible to record the Material issues, receipts, consumption of materials supported by job work reports to give complete visibility of job status and material status.

Manufacture and Expiry Date Management

Manufacture and Expiry Date Management

Manufacture and expiry date management is crucial for business dealing with products having defined shelf life or short durability.

With TallyPrime's batch summary report, you can maintain batches with manufacturing and expiry dates and get the complete visibility of batch details such mfg Date, expiry date, no of days till expiry etc..

Additional Features for easy Inventory Management in TallyPrime

  • Flexible inventory management system to handle exceptions so that no crucial information stays outside the system and help you make informed decisions.
  • Variety of inventory reports such as stock summary, aging analysis report, item-wise profitability etc. help you to keep a watch on stock movement and manage your inventory more efficiently.
  • Using Job costing feature in TallyPrime you can track cost and revenue information like material, labour, and overhead for each job, down to the smallest detail.
  • Effectively track and ascertain the procurement cost, landing costs, manufacturing or production costs, order cost or profit, and job cost or profit, using Item Cost Tracking feature in TallyPrime.

Inventory Management in TallyPrime

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