Recording financial transactions

Generating cash flow reports

Analyzing cash inflow and outflow

Forecasting future cash requirements

Features of Tally for Cash Flow Management

1. Cash Flow and Fund Flow Statements

Tally provides built-in reports for analyzing cash flow and fund flow. These reports help businesses understand how cash is moving within the organization and identify potential liquidity issues.

2. Ledger Management

Businesses can create and maintain ledgers for different cash inflow and outflow sources. This enables accurate tracking of financial transactions and better control over cash movements.

3. Receivables and Payables Management

Tally allows users to monitor outstanding receivables and payables. By keeping track of due payments and receipts, businesses can ensure timely collections and avoid cash shortages.

4. Bank Reconciliation

The bank reconciliation feature in Tally helps businesses match their bank statements with accounting records, ensuring accurate cash flow management and detecting discrepancies.

5. Budgeting and Forecasting

Tally enables businesses to set budgets and forecast future cash flows. This feature helps in planning expenses and ensuring that sufficient funds are available for operational needs.

Step 1: Record Financial Transactions

Ensure all cash-related transactions, including sales, purchases, expenses, and receipts, are recorded accurately in Tally.

Step 2: Generate Cash Flow Reports

Go to Gateway of Tally > Display > Cash Flow to generate a cash flow report. This report provides a summary of cash inflows and outflows over a specific period.

Step 3: Monitor Outstanding Receivables and Payables

Use Gateway of Tally > Display > Statement of Accounts > Outstanding Reports to track pending payments and receipts.

Step 4: Reconcile Bank Statements

Use the bank reconciliation feature under Gateway of Tally > Banking > Bank Reconciliation to match bank transactions with recorded entries in Tally.

Step 5: Plan and Optimize Cash Flow

Analyze reports and identify areas where cash flow can be improved. For instance, follow up on overdue receivables, negotiate better payment terms with suppliers, and control unnecessary expenses.

Real-time Financial Insights: Get up-to-date cash flow reports for better decision-making.

Improved Liquidity Management: Ensure availability of funds for business operations.

Reduced Financial Risks: Identify cash shortages in advance and take corrective actions.

Streamlined Accounting Processes: Automate cash tracking and reconciliation tasks.

Currently, businesses with an annual turnover of ₹5 crore or more must generate e-invoices for B2B and export transactions. This threshold has been gradually reduced over time to include more taxpayers under the system.

✅ No e-Invoice, No e-Way Bill – Without an e-invoice, you won’t be able to generate an e-way bill, leading to transportation delays.

✅ Penalties & Disruptions – Non-compliance can result in penalties and legal complications, affecting day-to-day operations.

✅ Tighter GST Compliance – Authorities can track transactions more effectively, reducing invoice mismatches and fraud.

Verify Your Eligibility – If your turnover exceeds ₹5 crore, ensure e-invoicing is implemented.

Use a Reliable Accounting Software – Solutions like TallyPrime and ERP systems can automate e-invoice generation.

Train Your Team – Educate your accounting and logistics team to avoid disruptions.

Monitor GST Portal Updates – Stay updated with the latest GST notifications to prevent compliance gaps.

✅ Affordable & Scalable

With prices starting at ₹750 per month, TallyPrime provides an economical solution that can grow with your business requirements. Whether you’re a small startup or a large enterprise, there’s a plan for everyone.

✅ Easy Accounting & GST Compliance

TallyPrime makes bookkeeping, invoice creation, and GST filing a breeze. No more tedious manual calculations—remain tax-compliant with ease!

✅ All-Powerful Inventory Management

Streamline tracking of stock, managing suppliers, and purchase orders—all within one platform.

✅ Multi-User & Remote Access

Want to work with your team? TallyPrime’s multi-user feature provides smooth access for your whole team, even remotely.

✅ Banking & Payroll Features

From handling employee salaries to bank statement reconciliations, TallyPrime assists in automating cumbersome financial processes.

Making the right investment in business management software can save you money and time. Why pay more when you can avail of TallyPrime at ₹750 per month only?

Financial information does not need to be accessed by every employee. Apply role-based privileges to restrict access according to roles. This ensures that unauthorized changes are not made and data is more confidential.

Regardless of storing data on a local server or the cloud, implement encryption protocols to secure data from interception while being transmitted. Encryption makes it possible for data to be accessed by unauthorized individuals, but it remains unreadable.

Periodic automated backups guard against data loss due to hardware failure, cyberattacks, or accidental erasure. Opt for secure cloud storage or an offsite backup facility to allow fast recovery of data.

Turn on activity logging and auditing to monitor user access and changes in Tally. This allows for the detection of suspicious activity and accountability in the event of data breaches.

Using outdated software leaves companies open to security threats. Update Tally, firewalls, and antivirus software regularly to defend against new cyber threats.

Human mistake is the primary reason for security violations. Hold regular security training to instruct employees on:

✅ Identifying phishing scams

✅ Creating strong passwords

✅ Steer clear of unauthenticated software downloads

✅ Adhering to secure login protocols

Not all employees should have access to all financial information. Implement role-based access control (RBAC) to give permissions according to job roles. This minimizes the risk of unauthorized transactions and keeps information confidential.

Tally on Cloud needs a fast and stable internet connection for proper functioning. Employ a dedicated business-class internet connection and keep an alternate connection handy to prevent any disruptions.

Old software can cause performance problems and security risks. Update your Tally ERP software and cloud platform periodically to the newest versions to support compatibility, security, and productivity.

Your employees should be trained thoroughly in utilizing Tally on Cloud effectively. Hold periodic training programs to train employees on cloud security, data management, and resolving issues to enable seamless operations.

Real-time Payment Monitoring

Instant status of outstanding and completed transactions.

Automated reconciliation of bank statements.

Scheduled reports for improved financial planning.

Automated Payment Reminders

Customizable reminders for outstanding invoices.

Minimizes the risk of late payments and fines.

Guarantees hassle-free vendor and supplier relations.

Multi-Mode Payment Integration

Compliance with UPI, bank transfers, and digital wallets.

Secure and effortless transaction processing.

Minimizes reliance on manual inputs.

Receivable and Payable Management

Unified dashboard for monitoring dues and receivables.

Effortless grouping of pending and cleared payments.

Improves financial decision-making through intelligent analytics.

Early payment is critical for MSMEs to maintain business and create growth. TallyPrime 4.1’s payment tracking feature is more powerful, providing businesses with automated features to track finances, keep transactions accurate, and enhance cash flow management.

GST and Taxation Management

Automated GST computation and return filing.

Smooth integration of e-invoicing and generation of e-way bills.

Instant tracking of tax liability.

Payroll and Statutory Compliance

Auto-calculations of salaries with tax deductions.

Simple creation of Form 16 and other statutory reports.

Audit and Reporting

Audit functionality to monitor inconsistencies.

Integrated financial reporting for informed decision-making.

Electronic records to facilitate external audits.

Improving Payments to MSMEs

MSMEs need timely payment to stay in liquidity and operational sustainability. Lag in receiving payment can discombobulate the cash flow affecting growth and survivability. Payment processing gets enhanced with TallyPrime 4.1 through faster, trustworthy payment processing.

Automated payment processing

Seamless direct bank connections for fund transfers.

Scheduled payment for vendors and staff.

Batch processing of payments to save time.

Multi-Currency Transactions

Automatic currency conversion and international payment facility.

Correcting foreign exchange gain/loss recording.

Receivable and Payable Management

Real-time monitoring of outstanding payments.

Automatic reminders on due bills.

Immediate reconciliation against bank statements.

1. Auto Classification of e-Commerce Sales

TallyPrime 4.1 e-commerce transactions are automatically classified as taxable, exempt, and zero-rated supplies to provide accurate reporting of GSTR-1.

2. Effortless Mapping of E-Commerce Operators

Transactions are easily mapped to individual e-commerce operators like Amazon, Flipkart, or other sites to make recording and reconciling sales easier.

3. Effortless GST Computation and Reporting

GST liabilities are calculated automatically by the software to maintain compliance with the applicable rates and rules and minimize manual errors.

4. Hassle-Free Export of GSTR-1 Data

Enterprises can provide e-Commerce sales details in the desired form and export the same directly to the GST portal using TallyPrime 4.1 to simplify the process of filing returns.

5. Improved Error Identification and Corrections

The new release offers in-built validation checks that help detect inconsistency in GST data, enabling the user to make corrections prior to filing the return.

Recording e-Commerce Sales in TallyPrime 4.1

Create/Configure Ledgers for E-Commerce Operators

Go to Ledger Creation and create the operator’s information, including GSTIN and tax information.

Record e-Commerce Sales Transactions

Utilize the Sales Voucher to record transaction information, choosing the respective e-commerce operator and tax elements.

Verify and Reconcile Sales Data

Check the e-Commerce sales report within TallyPrime for accuracy and compare it to marketplace statements.

Generate and Export GSTR-1 Report

Access the GSTR-1 section in TallyPrime, check transaction summaries, and export the data for easy GST filing.

1. Time-Saved and Enhanced Productivity

Rather than having to manually configure the same filters repeatedly, users are able to recall saved configurations at once, giving them more time to analyze data instead of reports.

2. Customized Reporting Experience

All companies have varying reporting requirements. Saved Report Views enable users to customize reports based on their personal needs, giving them access to the most suitable data at all times.

3. Accuracy and Consistency

By removing human configuration mistakes, Saved Report Views guarantee reports to be consistent and precise, particularly when different team members make decisions using the same data.

4. Fast Decision-Making

Saved report views assist business owners, accountants, and managers in accessing insights quickly, thus enabling faster and better decision-making.

5. Improved User Experience

The fact that it allows users to access favorite report formats and settings instantly eliminates frustration and improves user satisfaction with TallyPrime.

Open the Desired Report

Go to the report you use most often, like the Profit & Loss or the Stock Summary.

Customize the Report

Use required filters, date ranges, and column preferences to suit your needs.

Save the View

Save your settings using the “Save View” feature in TallyPrime.

Access Saved Reports Easily

Take the stored view from the “Saved Report Views” section whenever you want to look at the data again.

Rapid Data Input: Avoids human errors and accelerates processing.

Correct Tracking of Inventory: Eliminates discrepancies and enhances stock accuracy.

Increased Efficiency: Reduces errors and enhances inventory control.

Better Reporting: Offers real-time information of stock levels and product movement.

Step 1: Activate Barcode Feature in TallyPrime

Launch TallyPrime and proceed to Features (F11).

Under Features of Inventory, activate Barcode Functionality.

Save the settings.

Step 2: Allocate Barcodes to Items

Proceed to Gateway of Tally > Inventory Info > Stock Items.

Choose the item for which you wish to create a barcode.

Enter the barcode number manually or allow TallyPrime to generate it automatically.

Save the item details.

Step 3: Printing Barcodes

Navigate to Inventory Info > Stock Items > Print.

Select the stock item and click on the Barcode Printing option.

Design barcode labels according to your needs.

Print the barcode labels and apply them to the corresponding products.

• Scanning Barcodes for Sales & Purchases
• Use a barcode scanner to scan the item at the time of billing.
• TallyPrime will retrieve item information automatically from the barcode.
• This accelerates invoice creation and minimizes errors.
• Stock Tracking & Reporting
• Scan barcodes to view stock levels in real-time.
• Create detailed inventory reports by filtering on barcode-based stock movement.