TallyPrime Features
General Ledger (3)
Journal Entries
Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source. 84 reviewers of TallyPrime have provided feedback on this feature.
Tags / Dimensions
Based on 71 TallyPrime reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.
Audit Trail
Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record This feature was mentioned in 78 TallyPrime reviews.
Accounts Receivable (3)
Invoice Customization
The layout of the invoice template is fully customizable and you can add or remove fields. This feature was mentioned in 76 TallyPrime reviews.
AR Automation
Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions. This feature was mentioned in 67 TallyPrime reviews.
Collections Automation
The system automates the dunning process to help drive collections This feature was mentioned in 66 TallyPrime reviews.
Accounts Payable (3)
AP Automation
As reported in 65 TallyPrime reviews. Steamlines data entry by auto populating recurring or predefined vendor values
Payment Processing
As reported in 72 TallyPrime reviews. Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.
Purchase Orders
Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process 75 reviewers of TallyPrime have provided feedback on this feature.
Other Functionality (8)
Inventory Tracking / Ordering
As reported in 73 TallyPrime reviews. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.
Inventory Pricing and Costing
Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit. 72 reviewers of TallyPrime have provided feedback on this feature.
Inventory Reporting
Based on 70 TallyPrime reviews. Customizable reporting allows insight into usage of inventory and services.
Multi-Entity / Consolidation
As reported in 68 TallyPrime reviews. Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations
Recognition Rules
As reported in 64 TallyPrime reviews. Automates recognition of revenue and expenses by defining recognition rules.
Reconciliations
Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations. 80 reviewers of TallyPrime have provided feedback on this feature.
Payroll
Based on 64 TallyPrime reviews. Payroll module or integration to an external payroll provider which automates the recording of payroll
Time and Expense
As reported in 69 TallyPrime reviews. Automated time and expense capture, tracking, approval, reimbursement and reporting
Reporting & Analytics (7)
Financial Statements
Based on 86 TallyPrime reviews. General reporting offered covers all of the standard financial statements and meets the basic needs of the business
Custom Reporting
As reported in 77 TallyPrime reviews. Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer
Budgeting / Forecasting
Based on 66 TallyPrime reviews. Create and revise an unlimited number of budget, plan and forecast scenarios.
Dashboards
An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance This feature was mentioned in 74 TallyPrime reviews.
Custom Reporting
Based on 62 TallyPrime reviews and verified by the G2 Product R&D team. Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer
Dashboards
Based on 57 TallyPrime reviews and verified by the G2 Product R&D team. An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance
Integration
Based on 54 TallyPrime reviews. Provide integration with analytics and business intelligence software, or specialized products such as Corporate performance management solutions.
Platform (12)
Customization
Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views. This feature was mentioned in 72 TallyPrime reviews.
Workflow Capability
Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. This feature was mentioned in 73 TallyPrime reviews.
User, Role, and Access Management
Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. 73 reviewers of TallyPrime have provided feedback on this feature.
Internationalization
Enables users to view and transact business with the same content in multiple languages and currencies. This feature was mentioned in 61 TallyPrime reviews.
Performance and Reliability
Based on 80 TallyPrime reviews. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
Output Document Generation
As reported in 74 TallyPrime reviews. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
Customization
Based on 60 TallyPrime reviews and verified by the G2 Product R&D team. Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views.
Internationalization
Based on 56 TallyPrime reviews and verified by the G2 Product R&D team. Enables users to view and transact business with the same content in multiple languages and currencies.
Output Document Generation
Based on 59 TallyPrime reviews and verified by the G2 Product R&D team. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
Performance and Reliability
Based on 59 TallyPrime reviews and verified by the G2 Product R&D team. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
User, Role, and Access Management
Based on 63 TallyPrime reviews and verified by the G2 Product R&D team. Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.
Workflow Capability
Based on 61 TallyPrime reviews and verified by the G2 Product R&D team. Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action.
Integration (13)
Data Import and Export Tools
As reported in 76 TallyPrime reviews. Ability to input, modify and extract data from the application in bulk through a structured file.
Integration APIs
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. 61 reviewers of TallyPrime have provided feedback on this feature.
Breadth of Partner Applications
To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product. This feature was mentioned in 55 TallyPrime reviews.
Accounting
Provide integration with accounting and financial management software This feature was mentioned in 43 TallyPrime reviews.
Payments
Integrate with payment gateways and enterprise payments software This feature was mentioned in 39 TallyPrime reviews.
ERP
Based on 39 TallyPrime reviews. Deliver integrations with accounting modules of ERP systems
Account Sync
Sync with company accounts to transfer payments for approved invoices 37 reviewers of TallyPrime have provided feedback on this feature.
Breadth of Partner Applications
Based on 46 TallyPrime reviews and verified by the G2 Product R&D team. To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product.
Data Import and Export Tools
Based on 66 TallyPrime reviews and verified by the G2 Product R&D team. Ability to input, modify and extract data from the application in bulk through a structured file.
Integration APIs
Based on 53 TallyPrime reviews and verified by the G2 Product R&D team. Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.
Accounting
Provide integration with accounting and financial management software 54 reviewers of TallyPrime have provided feedback on this feature.
Payments
Integrates with other payments software This feature was mentioned in 52 TallyPrime reviews.
ERP
As reported in 49 TallyPrime reviews. Deliver integrations with accounting modules of ERP systems
Inventory Management Platform Features (10)
Centralized Inventory Database
Manage and track all inventory records across warehouses and retail locations through a single unified database. 34 reviewers of TallyPrime have provided feedback on this feature.
Inventory Level Dashboards
Maintain a visual on product stock levels throughout your facilities with flexible inventory dashboards. 34 reviewers of TallyPrime have provided feedback on this feature.
Stock History Reporting
As reported in 35 TallyPrime reviews. View the history of individual items and compare the sales performance of new to old stock in order to inform purchasing decisions.
Low Stock Notifications
Set low stock thresholds and receive automatic alerts when stock decreases to that level. 34 reviewers of TallyPrime have provided feedback on this feature.
Bundles, Kits, & Variants
Automatically adjust inventory for product bundles, kit orders, and product variations within the system. This feature was mentioned in 30 TallyPrime reviews.
Asset Tracking
As reported in 35 TallyPrime reviews. Use barcode or radio-frequency identification (RFID) technology with specialized readers or mobile applications to track inventory assets throughout warehouse facilities.
Inventory Forecasting
Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management. 34 reviewers of TallyPrime have provided feedback on this feature.
eCommerce Integrations
Integrate shopping carts, eCommerce platforms, POS, and payment gateways with the system to link inventory records between across platforms. 28 reviewers of TallyPrime have provided feedback on this feature.
Accounting Integrations
As reported in 33 TallyPrime reviews. Track inventory costs and costs of goods sold (COGS) with accounting software integrations.
Data Exporting / Importing
As reported in 36 TallyPrime reviews. Transfer large volumes of inventory data records into and out of the system with built-in import / export tools.
Invoice Generation (3)
Templates
Provide standard invoice templates that can be customized by users 37 reviewers of TallyPrime have provided feedback on this feature.
Digital Invoices
Based on 39 TallyPrime reviews. Ability to convert invoices to digital formats such as PDF
Recurring Invoices
Automatically generates invoices at pre-defined time intervals This feature was mentioned in 37 TallyPrime reviews.
Invoice Processing (4)
Approvals
As reported in 37 TallyPrime reviews. Include workflows for approvals of invoices or payments
Batch Processing
Based on 37 TallyPrime reviews. Process multiple invoices without human intervention
Consolidation
Based on 35 TallyPrime reviews. Allow users to consolidate multiple invoices into one
Match Invoices
Match invoices with purchases and sales orders, as well as with payments This feature was mentioned in 37 TallyPrime reviews.
Analytics (4)
Due Dates
As reported in 39 TallyPrime reviews. Track invoices based on due dates to identify overdue payments
Cashflow
Based on 39 TallyPrime reviews. Analyze variations between incoming and outgoing cash
KPIs
As reported in 29 TallyPrime reviews. Monitor KPIs such as time to process an invoice or erroneous payments
Payment Tracking
Track different types of payment such as deposits or partial payments This feature was mentioned in 38 TallyPrime reviews.
Accounting (28)
Chart of Accounts
Based on 37 TallyPrime reviews and verified by the G2 Product R&D team. Deliver out of the box Chart of accounts that can be used across multiple companies or business units.
AP Automation
Based on 31 TallyPrime reviews and verified by the G2 Product R&D team. Steam lines data entry by auto-populating recurring or predefined vendor values.
AR Automation
Based on 30 TallyPrime reviews and verified by the G2 Product R&D team. Automation helps the user be more efficient by populating default customer data and setting up regular payments from clients.
Journal Entries
Based on 40 TallyPrime reviews and verified by the G2 Product R&D team. Auto-populate based on previously entered information, uplaode journal entries and schedule future entries.
Tags & Dimensions
Based on 31 TallyPrime reviews and verified by the G2 Product R&D team. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc.
Cash Management
Based on 38 TallyPrime reviews and verified by the G2 Product R&D team. Match payments and invoices and perform bank reconciliation in multiple currencies.
Payment Batches
Payments can be processed by batch without manual intervention This feature was mentioned in 11 TallyPrime reviews.
Payments Scheduling
Based on 18 TallyPrime reviews and verified by the G2 Product R&D team. Ability to schedule payments at predefined dates and times
Payment Settlements
Based on 18 TallyPrime reviews and verified by the G2 Product R&D team. Clearing of electronic payments to transfer funds from customers to suppliers
Payment Methods
Based on 18 TallyPrime reviews and verified by the G2 Product R&D team. Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
AP Automation
Based on 67 TallyPrime reviews and verified by the G2 Product R&D team. Streamlines data entry by auto populating recurring or predefined vendor information and invoice details
AR Automation
Based on 67 TallyPrime reviews and verified by the G2 Product R&D team. Ability to populate default customer data, set up payments from clients and automatically match customer receipts to outstanding transactions.
Audit Trail
Based on 73 TallyPrime reviews and verified by the G2 Product R&D team. Automated, chronological tracking of activities that have affected a specific operation, procedure, event or record
Budgeting / Forecasting
Based on 75 TallyPrime reviews and verified by the G2 Product R&D team. Create and revise an unlimited number of budget, plan and forecast scenarios.
Collections Automation
Based on 72 TallyPrime reviews and verified by the G2 Product R&D team. The system automates the dunning process to help drive collections
Financial Statements
Based on 80 TallyPrime reviews and verified by the G2 Product R&D team. General reporting offered covers all of the standard financial statements and meets the basic needs of the business
Invoice Customization
Based on 75 TallyPrime reviews and verified by the G2 Product R&D team. The layout of the invoice template is fully customizable and allows users to add or remove fields and create new templates.
Journal Entries
Based on 78 TallyPrime reviews and verified by the G2 Product R&D team. Create journal entries based on previously entered information, schedule future entries, and allow Journal Entries to be uploaded from an external source.
Monitor Cash Positions
Based on 75 TallyPrime reviews and verified by the G2 Product R&D team. Ability to track cash positions across all accounts, banks, business units, and countries
Multi-Entity / Consolidation
Based on 70 TallyPrime reviews and verified by the G2 Product R&D team. Multi-ledger and multi-entity architecture, with automated consolidations, inter-entity transactions and eliminations
Payment Processing
Based on 76 TallyPrime reviews and verified by the G2 Product R&D team. Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.
Recognition Rules
Based on 72 TallyPrime reviews and verified by the G2 Product R&D team. Automate recognition of revenue and expenses by defining recognition templates.
Reconciliations
Based on 77 TallyPrime reviews and verified by the G2 Product R&D team. Transactions are imported from source systems and automated matching reconciles majority of transactions using flexible, user defined matching and grouping rules.
Tags / Dimensions
Based on 69 TallyPrime reviews and verified by the G2 Product R&D team. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc., which can also be used for reporting purposes.
Payments Scheduling
Based on 41 TallyPrime reviews and verified by the G2 Product R&D team. Ability to schedule payments at predefined dates and times
Payment Batches
Based on 41 TallyPrime reviews. Payments can be processed by batch without manual intervention
Payment Settlements
As reported in 45 TallyPrime reviews. Clearing of electronic payments to transfer funds from customers to suppliers
Payment Methods
Based on 45 TallyPrime reviews and verified by the G2 Product R&D team. Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
Inventory & Warehouse (5)
Inventory Tracking
Based on 37 TallyPrime reviews and verified by the G2 Product R&D team. Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders.
Inventory Costing
Based on 36 TallyPrime reviews and verified by the G2 Product R&D team. Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit.
Product Master
Based on 36 TallyPrime reviews and verified by the G2 Product R&D team. Manage and track all inventory records across warehouses and retail locations through a single unified database.
Inventory Forecasting
Based on 30 TallyPrime reviews and verified by the G2 Product R&D team. Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Integrations
Based on 31 TallyPrime reviews and verified by the G2 Product R&D team. Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms.
Purchasing (4)
Demand
Based on 33 TallyPrime reviews and verified by the G2 Product R&D team. Identify demand based on different types of sales orders and forecasting data.
Purchase Orders
Based on 38 TallyPrime reviews and verified by the G2 Product R&D team. Software supports purchase orders and provides the visibility needed to streamline the procure to pay process.
In Transit
Based on 32 TallyPrime reviews and verified by the G2 Product R&D team. Track products and raw materials shipped by suppliers, from origin to destination.
Receiving
Based on 36 TallyPrime reviews and verified by the G2 Product R&D team. Match the products received with the corresponding purchase orders and add them to inventory.
Manufacturing (6)
WIP
Based on 28 TallyPrime reviews and verified by the G2 Product R&D team. Track work in process (WIP) across multiple production lines and manufacturing locations.
Work Orders
Based on 27 TallyPrime reviews and verified by the G2 Product R&D team. Manage work orders for different types of activities such as production, rework, or maintenance.
MRP
Based on 31 TallyPrime reviews and verified by the G2 Product R&D team. Determine what raw materials are required for production, based on demand, production capacity, and inventory availability.
BOM
Based on 29 TallyPrime reviews and verified by the G2 Product R&D team. Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them.
MPS
Create and implement master production plans for multiple production lines and locations. This feature was mentioned in 26 TallyPrime reviews.
Shop Floor
Based on 26 TallyPrime reviews and verified by the G2 Product R&D team. Assign equipment and monitor shop floor activities during various production stages.
Quality Management (4)
Inspections
Based on 31 TallyPrime reviews. Define and implement workflows for inspections, including rules for escalations and notifications.
Rework
Identify rejected products and decide either they can be repaired or discarded. 29 reviewers of TallyPrime have provided feedback on this feature.
Waste
As reported in 29 TallyPrime reviews. Track production waste such as scrap, as well as returns that cannot be repaired.
Defects
Based on 28 TallyPrime reviews. Monitor product defects, identify causes and provide corrective actions to improve quality.
Distribution (3)
Picking & Packing
Define and implement optimal procedures to pick and pack product for shipping. This feature was mentioned in 26 TallyPrime reviews.
Shipping
Based on 26 TallyPrime reviews. Plan deliveries based on inventory availability, transportation costs, and order priority.
Tracking
Based on 25 TallyPrime reviews and verified by the G2 Product R&D team. Track shipments from warehouse to the destination, including drop shipments and multilocation shipping.
Sales & Marketing (6)
Customer Master
Based on 36 TallyPrime reviews and verified by the G2 Product R&D team. Manages customer information including multiple ship-to and bill-to locations.
ATP
Based on 29 TallyPrime reviews and verified by the G2 Product R&D team. Available to promise provides information on future availability of products that are either planned for production or purchased but not received.
Order History
Based on 37 TallyPrime reviews and verified by the G2 Product R&D team. Track order history, from quotes to sales orders, invoices, and returns, as well as canceled orders and back orders.
Returns
Based on 35 TallyPrime reviews and verified by the G2 Product R&D team. Manage return merchandise authorizations (RMS) approval processes and match with the original invoices.
Credit Limits
Based on 35 TallyPrime reviews and verified by the G2 Product R&D team. Define and monitor credit limits by individual customer or categories of customers, including the option to put customers on hold.
Pricing & Discounts
Based on 36 TallyPrime reviews and verified by the G2 Product R&D team. Manage various types of pricing and discounts associated with product categories and customer types.
HR (3)
Payroll
Based on 31 TallyPrime reviews and verified by the G2 Product R&D team. Payroll module or integration to an external payroll provider which automates the recording of payroll.
Workforce Management
Based on 25 TallyPrime reviews. Manage personnel availability and allocate human resources to production and inventory operations.
Time & Attendance
Based on 29 TallyPrime reviews and verified by the G2 Product R&D team. Track the time spent by employees performing various tasks related to production or inventory management.
Back Office (12)
Allocation
Based on 73 TallyPrime reviews and verified by the G2 Product R&D team. Resources can be allocated and reallocated across multiple projects and portfolios.
Asset Register
Create a list of all the assets owed by a company. This feature was mentioned in 71 TallyPrime reviews.
Maintenance
Track maintenance operations for the products sold, such as calibration or preventive maintenance This feature was mentioned in 53 TallyPrime reviews.
Organization Management
Based on 63 TallyPrime reviews and verified by the G2 Product R&D team. Organizes employees in an org structure that can be used throughout the application for reporting, permissions, etc.
Payroll
Based on 65 TallyPrime reviews and verified by the G2 Product R&D team. Payroll module or integration to an external payroll provider which automates the recording of payroll
Purchase Orders
Based on 71 TallyPrime reviews and verified by the G2 Product R&D team. Software supports purchase orders and provides purchasing personnel and accounts payable with visibility needed to streamline the procure to pay process
Requisition
Based on 64 TallyPrime reviews and verified by the G2 Product R&D team. Define requisition rules for various types of procurement.
Shift Scheduling
Plan employee work shifts according to availability and provide notifications to employees when they are scheduled. 48 reviewers of TallyPrime have provided feedback on this feature.
Sourcing
Identify and assess suppliers for different products and services. 60 reviewers of TallyPrime have provided feedback on this feature.
Status
Based on 53 TallyPrime reviews. Monitor the status of multiple types of assets.
Time & Attendance Tracking
As reported in 48 TallyPrime reviews. Let employees track the hours they have worked through integrations with time tracking products or built in time tracking features.
Warranty Management
Maintain information on warranties for the products delivered and for their components This feature was mentioned in 44 TallyPrime reviews.
Front Office (10)
ATP
Based on 55 TallyPrime reviews. Available to promise provides information on future availability of products that are either planned for production or purchased but not received.
Checkout Process
Based on 58 TallyPrime reviews. Includes features that optimize user check out experience such as Shopping carts and Single Click Checkout, order summaries, receipts.
Configuration Rules
Rules ensure that users select only compatible options and that all required items are included 48 reviewers of TallyPrime have provided feedback on this feature.
Contact & Account Management
Based on 64 TallyPrime reviews and verified by the G2 Product R&D team. Store and retrieve information associated to customer contacts and accounts. Track company-wide communication and information about contacts and accounts.
Product & Price List Management
Based on 63 TallyPrime reviews and verified by the G2 Product R&D team. Enter product/part numbers and manage the prices associated with them and allow users to use this information when creating quotes and sales orders.
Product Catalog
Based on 58 TallyPrime reviews. Allows users to search, filter, sort and select items to be added to quote
Promotions and Discounts
As reported in 60 TallyPrime reviews. Contains features that allow administrators to set up promotions on site, provide time based discounts, and enter coupon codes.
Quote & Order Management
Based on 59 TallyPrime reviews and verified by the G2 Product R&D team. Allows users to create a quote that contain information on products, prices and associated discounts, which can be converted to sales orders.
Territory & Quota Management
Based on 51 TallyPrime reviews and verified by the G2 Product R&D team. Assign and manage sales quotas and territories. Track progress against quotas. Change as needed.
Visual Configuration
Based on 43 TallyPrime reviews. Images can be displayed of options to enable users to visualize product options as it is being configured
Logistics (10)
Centralized Inventory Database
Based on 60 TallyPrime reviews and verified by the G2 Product R&D team. Manage and track all inventory records across warehouses and retail locations through a single unified database.
In Transit
Based on 54 TallyPrime reviews and verified by the G2 Product R&D team. Track products and raw materials shipped by suppliers, from origin to destination.
Inventory Forecasting
Based on 54 TallyPrime reviews and verified by the G2 Product R&D team. Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Inventory Pricing and Costing
Based on 64 TallyPrime reviews and verified by the G2 Product R&D team. Ability to establish multiple price levels and choose between multiple costing methods such as Average, LIFO, FIFO and Specific Unit.
Inventory Reporting
Based on 62 TallyPrime reviews and verified by the G2 Product R&D team. Customizable reporting allows insight into usage of inventory and services.
Inventory Tracking / Ordering
Based on 62 TallyPrime reviews and verified by the G2 Product R&D team. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.
Picking Methods
Based on 54 TallyPrime reviews and verified by the G2 Product R&D team. Support multiple picking methods such as batch, wave, or zone picking.
Picking Planning
Create schedules for picking activities based on inventory availability. 53 reviewers of TallyPrime have provided feedback on this feature.
Receiving
Based on 58 TallyPrime reviews and verified by the G2 Product R&D team. Match the products received with the corresponding purchase orders and add them to inventory.
Shipping Options
As reported in 54 TallyPrime reviews. Functionality that allows users to select shipping options based on price and delivery time. May integrate to 3rd Party shipping/fulfillment companies.
Production (11)
BOM
Based on 49 TallyPrime reviews and verified by the G2 Product R&D team. Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them.
Defects
Based on 48 TallyPrime reviews and verified by the G2 Product R&D team. Monitor product defects, identify causes and provide corrective actions to improve quality.
Identify Demand
Based on 50 TallyPrime reviews and verified by the G2 Product R&D team. Calculate demand by consolidating data from multiple sources.
Manage Resources
Based on 51 TallyPrime reviews and verified by the G2 Product R&D team. Track resource availability for raw materials and production capacity.
MPS
Based on 49 TallyPrime reviews and verified by the G2 Product R&D team. Create and implement master production plans for multiple production lines and locations.
MRP
Based on 51 TallyPrime reviews and verified by the G2 Product R&D team. Determine what raw materials are required for production, based on demand, production capacity, and inventory availability.
Production Plans
As reported in 50 TallyPrime reviews. Generate production plans based on demand and resource availability.
Rework
As reported in 48 TallyPrime reviews. Identify rejected products and decide either they can be repaired or discarded.
Shop Floor
Based on 48 TallyPrime reviews and verified by the G2 Product R&D team. Assign equipment and monitor shop floor activities during various production stages.
Waste
Based on 46 TallyPrime reviews and verified by the G2 Product R&D team. Track production waste such as scrap, as well as returns that cannot be repaired.
WIP
Based on 48 TallyPrime reviews and verified by the G2 Product R&D team. Track work in process (WIP) across multiple production lines and manufacturing locations.
Cash Flow (3)
Track Cash Flow
As reported in 63 TallyPrime reviews. Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds.
Income and Expenses
Add one-time or recurring cash flow items and add line items for each payment or deposit. This feature was mentioned in 70 TallyPrime reviews.
File Exports
Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis. 70 reviewers of TallyPrime have provided feedback on this feature.
Budgeting & Forecasting (4)
Budgeting / Forecasting
Create and revise an unlimited number of budget, plan and forecast scenarios. This feature was mentioned in 66 TallyPrime reviews.
Data Import
As reported in 66 TallyPrime reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data
Versioning
Keeps track of all versions of a budget and allows users to compare versions 54 reviewers of TallyPrime have provided feedback on this feature.
Historical Data
Based on 63 TallyPrime reviews. Forecasting is based on past transactions and historical financial or operational data
Revenue (3)
Revenue Types
Based on 65 TallyPrime reviews. Supports multiple types of revenues, such as recurring and transaction based
Revenue Allocation
Based on 64 TallyPrime reviews. Allows users to allocate revenues to various business entities or departments
Scheduling
Automatic scheduling to ensure that revenue is recognized at the proper time 57 reviewers of TallyPrime have provided feedback on this feature.
Multichannel inventory management (3)
Warehouse Inventory Transfer
Allows users to create warehouse-to-warehouse transfers knowing the exact stock levels for both locations when sending and receiving 30 reviewers of TallyPrime have provided feedback on this feature.
Multichannel Inventory Syncing
Based on 29 TallyPrime reviews. Allows users to sync inventory across multiple stores, marketplaces, and warehouses
Multi-Warehouse Routing
As reported in 29 TallyPrime reviews. Allows users to connect sales channels to specific warehouses.
3PL inventory management (3)
Client management
Allows users to manage all thier clients on one system 30 reviewers of TallyPrime have provided feedback on this feature.
Marketplace connections
Based on 29 TallyPrime reviews. Allows users to connect marketplaces for each client
3PL inventory tracking
Allows inventory tracking for specific customer required attributes such as lot, serial, style/color/size 29 reviewers of TallyPrime have provided feedback on this feature.
Inventory Management (5)
Inventory Tracking
As reported in 33 TallyPrime reviews. Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders.
Inventory Costing
As reported in 32 TallyPrime reviews. Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit.
Product Master
Manage and track all inventory records across warehouses and retail locations through a single unified database. 31 reviewers of TallyPrime have provided feedback on this feature.
Inventory Forecasting
Based on 30 TallyPrime reviews. Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Integrations
Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms. 30 reviewers of TallyPrime have provided feedback on this feature.
Payroll (4)
Direct Deposit
Based on 60 TallyPrime reviews. Automatically deposits paychecks into employees' bank accounts.
Check/W-2 Printing
Allows administrators to print valid paychecks and W-2 forms. 56 reviewers of TallyPrime have provided feedback on this feature.
Tax Calculation
Based on 65 TallyPrime reviews. Calculates taxes due and may include resources or tools for federal and state tax compliance.
Reporting and Dashboards
Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes. This feature was mentioned in 67 TallyPrime reviews.
Bill Generation (3)
Templates
Provide standard invoice templates that can be customized by users This feature was mentioned in 47 TallyPrime reviews.
Digital Billing
Ability to convert invoices to digital formats such as PDF 47 reviewers of TallyPrime have provided feedback on this feature.
Recurring Billing
Automatically generates invoices at pre-defined time intervals This feature was mentioned in 45 TallyPrime reviews.
Bill Processing (3)
Consolidation
As reported in 45 TallyPrime reviews. Allow users to consolidate multiple invoices into one
Batch Invoicing
As reported in 42 TallyPrime reviews. Ability to create multiple types of invoices
Management
As reported in 47 TallyPrime reviews. Manage invoicing for different types of products or services
Generative AI (2)
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
Generative AI (2)
AI Text Generation
Based on 11 TallyPrime reviews. Allows users to generate text based on a text prompt.
AI Text Summarization
Based on 11 TallyPrime reviews. Condenses long documents or text into a brief summary.
AI (10)
Data Extraction
Uses AI to automatically input data from receipts, invoices, and other documents This feature was mentioned in 14 TallyPrime reviews.
Invoice Processing
Based on 14 TallyPrime reviews. Uses AI to generates, send, and track invoices
Expense Management
Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns This feature was mentioned in 14 TallyPrime reviews.
Fraud Detection
Based on 14 TallyPrime reviews. Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time
Tax Compliance
Based on 16 TallyPrime reviews. Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns
Support Chatbots
Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports This feature was mentioned in 14 TallyPrime reviews.
Bank Reconciliations
Based on 15 TallyPrime reviews. Uses AI to match transactions recorded in the accounting system with those in bank statements
Report Generation
Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business 14 reviewers of TallyPrime have provided feedback on this feature.
Customizable Alerts
As reported in 15 TallyPrime reviews. Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances
Predictive Analytics
Uses AI to analyze data to identify trends and make predictions This feature was mentioned in 14 TallyPrime reviews.
Mobile Applications - Accounting (6)
Cloud Integration
Enables synchronization of accounting data across devices in real-time 13 reviewers of TallyPrime have provided feedback on this feature.
Notifications
As reported in 13 TallyPrime reviews. Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines
UI
Based on 12 TallyPrime reviews. Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables
Offline
As reported in 14 TallyPrime reviews. Allows users to view and update certain data without an internet connection
Expense Tracking
Allows users to capture and upload expense receipts directly from mobile devices 13 reviewers of TallyPrime have provided feedback on this feature.
Invoice Management
As reported in 13 TallyPrime reviews. Enables creation, editing, and sending of invoices
Agentic AI - Accounting (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - Billing (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - ERP Systems (1)
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Invoice Management (3)
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - Discrete ERP (3)
Cross-system Integration
Works across multiple software systems or databases
Natural Language Interaction
Engages in human-like conversation for task delegation
Decision Making
Makes informed choices based on available data and objectives
Technology Glossary Features
View definitions of the features and discover new technology terms.
A product catalog is online or offline marketing material for all the products an enterprise has or wants to sell to customers designed to display relevant product details that help buyers make informed purchase decisions.
Inventory pricing helps businesses estimate the value of their products or services. Learn more about inventory costs and inventory pricing methods.
Inventory tracking plays an essential role in the inventory management planning process. Learn more about inventory tracking, how it can benefit overall company organization, and how to implement it in a business structure using various techniques.
Audit trails are the records that keep track of purchases, sales, expenses, and other financial information. Discover examples of audit trails and learn more about the benefits, best practices, and more.
Inventory reporting plays a valuable role in the inventory control process. Learn more about inventory reporting, how it can benefit inventory management, and how to write reports to support a business structure.





