Tally|Prime|Software| for| Distributors|wholesalers1

Tally|Prime|Software| for| Distributors|wholesalers

Tally|Prime|Software| for| Distributors|wholesalers

Many small and medium-sized manufacturers now fall in the ambit of GST. Below are a couple of reasons. It has been quite a while since GST, the new tax regime was rolled out across India. Every business is feeling the pinch to become compliant to GST and recognizing the need to use a GST-compliant software which will help them align to the change. Tally|Prime|Software| for| Distributors|wholesalers

Tally is offering TallyPrime, the GST software for distributors/wholesalers. Tally.ERP 9 comes packed with complete support features to conduct seamless accounting, inventory, payroll and statutory processes to manage the businesses of distributors without hassles in the GST era.

GST Billing for Distributors

One of the key areas that has been impacted with the introduction of GST is billing, and every distributor wants to record and generate GST compliant bills to run his business efficiently. Tally Prime also gives the provision to print HSN codes of the items and all other mandatory details required for billing according to GST. It also supports retail businesses with Point of Sales (POS) invoicing.

Handling Reverse Charge and Advances with GST Software for wholesalers

As a distributor, you are required to pay transportation charges which fall under Reverse Charge in GST. TallyPrime efficiently handles this and many other related scenarios of Reverse Charge mechanism Tally|Prime|Software| for| Distributors|wholesalers

Distributors also need to record all advances received for future sales in GSTR-1. Tally’s GST Software covers advances as per the GST law and reflects them in GSTR-1.

Error Detection and Prevention in GST Software

As a GST-compliant Software TallyPrime Release 6 has the unique capability to prevent a distributor from making errors while recording transactions. For example: Based on the party type, TallyPrime will prompt to select correct taxes from Central Tax, State Tax and Integrated Tax. Several other such error prevention features are built-in to ensure GST compliance.

Error Detection and Correction for accurate Filing of GST Returns

In case, some errors have been made while recording transactions, TallyPrime buckets out such details and helps in correcting them. This helps save time and efforts when filing returns and reduces the chances of rejection by the GSTN portal during the filing process. Tally|Prime|Software| for| Distributors|wholesalers

Support for Filing GST Returns

Distributors can easily file GST returns with TallyPrime Release 6. GST software provides GST Returns as directed by the GSTN, enabling distributors to conveniently file their GST Returns. Tally|Prime|Software| for| Distributors|wholesalers

Inventory Management in ERP Software for wholesaler/distributor

In TallyPrime, distributors can easily view stock summary report and configure it for various periods based on valuation types. They can also check gross profit item-wise or category-wise as per business requirements, and get quick access to stock related reports to know about stock movements and their age. Additionally, it is possible to access and manage stocks brand-wise by using stock groups in TallyPrime.

Manage Outstandings in GST Software

Distributors can view bill-wise and party-wise outstanding reports; categorize parties and view area-wise outstanding reports. It is also possible to view the age-wise analysis of outstandings to make quicker decisions when required and even send out reminder letters to stakeholders if required using GST software for distributors. Tally|Prime|Software| for| Distributors|wholesalers

Manage Multiple Godowns and Unit of Measurement

Distributors typically do business with multiple companies and they naturally have multiple godowns. Tally Prime  helps manage stocks across multiple godowns and locations. One of the finest features of this capability is that distributors can get consolidated godown/wise stock reports.

TallyPrime provides simple and compound units of measurement to manage stocks in their preferred units such as – box of 1000 pieces, pack of 12 pieces and other complex units.

Support for Banking and Reconciliation in Prime Software for distributors

Managing and tracking cheques can be a humongous task for distributors. They receive plenty of cheques; and also have to provide cheques in advance to companies they deal with. All of these activities can be easily managed with Tally.Prime. Even reconciliation which is time consuming and prone to error, can be easily handled by the software. All that a distributor has to do is to upload the softcopy of the bank statement in Tally.Prime, the software will reconcile the transactions and fill the dates automatically based on instrument numbers.

Remote Access using Prime Software

Tally Prime offers remote access facility to distributors who can access data from any remote site, record transactions and keep the books updated. They can get rid of the hassle of making numerous calls to get the required information. Tally|Prime|Software| for| Distributors|wholesalers

Get Information over SMS from Prime Software for wholesalers

Suppose a distributor is looking for some crucial information while having a discussion and the client seeks some financial information before making a decision. All that the distributor has to do is to type in the query and send it to his Tally Prime software, and he will get the information over SMS.

There is no need to remember any code as it is built-in with natural language query.
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