Inventory Management

Flexible system for optimal inventory management

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.

Define unlimited Groups Categories Batches Locations Godowns

Flexible units of measure

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.

Manufacturing Journal

Bill of material

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

Reorder level feature in TallyPrime ensures you never run out of stock. In real-time, get to know the stock that must be replenished along with the right quantities. You can set reorder and minimum order levels and automatically generate the report that helps you know the shortfall and quantities to be ordered.

Re-order Level

Multiple stock valuation

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 manage job work process both as principal manufacturer and job worker. You can record material issues, receipts, consumption of materials supported by job work reports to give complete visibility of job status and material status.

Job Work

Manufacture and expiry date management

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, you can maintain stock in batches with manufacturing and expiry dates and get a complete visibility of batch details such mfg date, expiry date, no of days till expiry etc..

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Additional inventory management features 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

Business reports in TallyPrime

With TallyPrime, you get access to a wide range of reports that help you analyse business performance and improve decision-making. What’s more? You can access business reports on your mobile or any device, from anywhere. Experience now with the sample data.

Accounting Reports
  • Ledger reports
  • Cash/bank books
  • Purchase/sales register
  • Bills receivables
  • Bills payables
  • Bills ageing analysis
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Inventory Management in TallyPrime

Don't just take our word for it! Give it a try

We want you to experience the product and understand how it suits your business. Tally comes with a 7-day free trial that gives you full access to all the features of the product. Go ahead, give us a try!