Inventory Management Software

Organisations of all kinds strive to optimise inventory. Excess inventory and under inventory both cause financial stress and adversely impact business growth.

Tally.ERP 9 helps you get complete visibility, at any point of time, to your inventory. It lets you plan your business with certainty and take decisions regarding reorder levels, discounts, stock ageing, etc. This helps you meet variations in demand, cater to seasonal or cyclic demands, procure raw material, take advantage of price increases or discounts, reduce inventory costs, and hence increase profits.

Tally Kuwait started in 2010 as Master Tally Partner in Kuwait. We are giving all Tally software solutions, Tally customization with the best tally software price through online and to end customers.

Tally Prime Price Starts from 200 Kd (Single user).

A few features, briefly described:

Manufacturers:

  • Bill of Materials and Manufacturing Journals, to record material conversions
  • Compound Bill of Materials support, for units that contain assemblies
  • Multiple locations (godowns)
  • Excise for manufacturers, including all documentation and invoice
  • Costing for jobs

Distributors & Wholesalers:

  • Multiple price lists, with effective dates of applicability
  • Use multiple units of measure (say Kgs & grams)
  • Dual units of measure (say Kgs and bags, to support variations, typically seen in commodities)

Traders:

  • High speed billing, with support for POS printers
  • Barcode support
  • Automatic application of taxes
  • Service billing & service tax
  • Integrated sales return in bills
  • Print bills (and any other documents) in the customer’s language

Common:

  • You can choose to de-link the computed inventory value to automatically appear in your financial statements, and enter this figure manually.
  • Stock ageing reports, to identify slow and non-moving stocks
  • Invoice profitability reports to keep a pulse on sales
  • Multi-currency transactions –buy and sell across the world with integrated forex gain/loss calculations
  • Physical stock take records to adjust physical vs. actual stocks
  • Maintain batch & expiry details

Integrated/ Non-integrated accounting and inventory: With the Inventory function in Tally.ERP 9, you have the option to choose closing stock balance from inventory records or from the stock ledger account.

If accounts are not integrated with inventory, you can enter the closing stock value manually by creating Stock ledger account, for a major effect on the Balance Sheet and Profit & Loss Account. If set to Yes, it extracts the stock/inventory balance figures from the inventory records and provides a drill down to the Stock registers from the Balance Sheet.

If set to No, it ignores the inventory books figures and picks up the manually-entered closing stock balances from the ledger account created, allowing the independent maintenance of accounts and inventory.