Tally Blogs
Tally Solutions   Feb-01-2023
Budget
Key Takeaways from the Union Budget 2023-24

The union budget 2023-24 was announced by the Indian Finance Minister, Nirmala Sitharaman, on 1st Feb'23. Let's look at the key takeaways in this post.

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Tally Blogs
Tally Solutions   Jun-30-2022
Accounting Fundamentals
How to Calculate and Improve Your Retail Profit Margins

Retail profit margin is the percentage of the total sales revenue that the business can consider a profit earned. Let’s check how to calculate & ways to increase retail profit margins.

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Tally Blogs
Tally Solutions   Jun-30-2022
Invoice Sales Invoice
What Are Different Types of Invoices?

Invoices are vital documents in the business world & convey important information about the transaction. Let’s understand more about types of invoice formats & uses.

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Tally Blogs
Tally Solutions   Jun-30-2022
business reports
What is Material Requirements Planning and Manufacturing Resource Planning Software?

MRP enables manufacturers to manage their manufacturing inventory by planning & MRP II was born as an extension of the MRP system. Let’s check what is material requirements planning

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Tally Blogs
Tally Solutions   Jun-17-2022
Accounting Fundamentals
What is Expense Analysis & How to Analyze Business Account

Expense analysis uses the company's income statement to determine how and where the company is spending its money. Let’s check what is expense analysis & how to analyze business account.

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Tally Blogs
Tally Solutions   Apr-27-2022
business reports
What Is Purchase Management?

Purchase management is managing the purchase of the goods and services that the company requires from suppliers & vendors. Let’s check what is purchase management.

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Tally Blogs
Tally Solutions   Apr-27-2022
payroll software
How Can Companies Prevent Payroll Fraud?

Payroll fraud is a common corporate fraud that involves stealing money through the payroll system. Let’s check how can companies prevent payroll fraud.

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Tally Blogs
Tally Solutions   Apr-27-2022
Business Software
11 Essential Types of Software Every Business Needs

Software tools help reduce the burden of business management and make documentation and record-keeping more efficient. Let’s check 11 essential types of software every business needs.

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Tally Blogs
Tally Solutions   Apr-08-2022
business tips
What is the Difference Between Purchasing and Procurement?

Purchasing is the overall process of obtaining goods & services while procurement is the sub-process within purchasing that defines the steps. Let’s check the difference between purchasing & procureme

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Tally Blogs
Tally Solutions   Apr-05-2022
business management
Difference Between Amortization and Depreciation

Amortization is the method that is used to decrease the cost of the asset over time while depreciation is the loss in value of the asset over time. Let’s check the difference between them

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Tally Blogs
Tally Solutions   Mar-03-2022
Cost Management
Top 5 Ways to Improve Your Cost Management Strategy

A cost management strategy is a process of understanding total costs to improve a business’s strategic position & meet long-term objectives. Let’s check the top 5 cost management strategies

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