Define unlimited groups, categories, batches & locations
Easily categorize and manage multiple product lines in TallyPrime. Define stocks into unlimited groups, categories, batches, and locations/godowns, for seamless inventory tracking.
Flexible units of measure
Easily handle complex scenarios, such as purchasing in one unit and selling in another, managing stock items quantified in multiple units, and measuring the unit of stock item using floating conversions. TallyPrime’s flexible units of measure allows you to manage and quantify the stock according to your specific business needs.
Manufacturing journal
Record the entire manufacturing cycle in TallyPrime, including raw materials used, dispatch locations, purchase costs, and finished goods. Record the details of finished goods, by-products and scrap for complete visibility of manufacturing operations.
Bill of Material (BoM)
Define raw materials, assemblies, by-products, scrap and components, along with quantities of each inventory required to manufacture finished goods with TallyPrime’s comprehensive Bill of Material (BoM) feature.
Reorder level management
Never run out of stock with TallyPrime’s reorder level feature. Set reorder and minimum order levels, and automatically generate reports to track stock shortages and required replenishments along with the right quantities in real-time.
Multiple stock valuation methods
TallyPrime offers flexible stock valuation methods, allowing you to apply different valuation methods for each item based on business needs. These include Average Cost, FIFO, LIFO (Annual/Perpetual), Last Purchase Cost, Standard Cost, Monthly Average Cost, and more for accurate stock valuation.
Job work management
Effectively manage job work as both a principal manufacturer and a job worker with TallyPrime. Record material issues, receipts, and consumption of materials supported by job work reports for complete visibility of job and material status.
Manufacturing & expiry date management
For businesses dealing with products with limited shelf life or durability, TallyPrime allows you to manage stock in batches with both manufacturing and expiry dates. Get complete visibility of batch details, including manufacturing date, expiry date, and the number of days remaining until expiry.
Inventory Management in TallyPrime
Additional Inventory Management Features in TallyPrime