Tally Integration – A Boon for Retail Companies

//Tally Integration – A Boon for Retail Companies

Tally Integration – A Boon for Retail Companies

Tally is a complete accounting, inventory, taxation and payroll software. It is widely used by small and medium sized companies and many retail organizations in the market. The powerful software helps with accounting solutions, financial and inventory management, sales and purchase management, invoicing, reporting and MIS.

Most of the business organizations rely on Tally integration for running their various operations. This is especially true for retail companies where much of the work is dependent on third-party systems, like an ERP, CRM, DMS, or e-commerce engine.A complete integration with Tally software allows organizations to seamlessly assimilate information between the third party programs and Tally.

EasyReports Tally integration services are compatible with the latest release of Tally.ERP9 software. This means data can seamlessly flow both ways from only from Tally ERP 9 to third party applications like CRM, POS and mobile app or vice-versa. Users can customize their reports and Tally dashboards.

For a retail organization, Tally integration benefits can be categorized into 2 main categories:

  • Inventory management
  • E-commerce integration

Inventory management

Tally helps to keep track of inventory records, stock keeping, invoicing, purchase orders, stock valuation, and other functions. Retailers can manage their stock items more effectively. Users can createstock groups and stock sub groups; and different product stock categories.Stock items can be entered under specific warehouse locations. With Tally integration, retailers can view stocks across multiple warehouses.

The ageing analysis report of Tally displays the age of the stock in hand. It classifies the complete inventory on an age-wise break-up. This helps to identify slow-moving items. The stock ageing analysis ensures that a retailer does not obtain new stocks before the old stocks are finished. It helps users to make informed decisions when ordering new list of stock.

Ecommerce integration

A vast number of retail companies today are offering their services on e-commerce platforms like Flipkart, Amazon, etc. This makes inventory management and back office procedures a little difficult to manage. Due to the high volume of e-commerce sales, it is practically impossible to feed all the transactions from these online portals into Tally. Each of the e-commerce sites send transaction data in Excel format to the retailer, and employees have to re-enter the vouchers into Tally. Delay in entries can lead to unreliable reports of stock, sales, sales return, commissions, and more. There are also higher chances of making errors while doing manual voucher entries.

With Tally ecommerce integration, the data provided by the online portals in Excel format can be directly imported into the Tally platform.Voucher entries like Sales, Sales Returns, and Receipt can be imported easily. This helps to reduce any errors in voucher entry, thus, maintaining data integrity.It saves time and increases productivity.

EasyReports provides Tally ERP 9 integration for the following types of applications:

  • ERPs
  • CRMs
  • E-Commerce engines such as e-Bay, Shopify, Amazon, Flipkart, Snapdeal, WooCommerce, etc.
  • Dealer Management Systems such as Unilever, Castrol, CEAT, Amul, Marico, etc.
  • Custom built solutions

To know more about Tally integration services, log on to www.easyreports.in

By | 2018-10-13T08:03:58+00:00 October 13th, 2018|Tally integration|0 Comments

About the Author:

Ravi Kedia, founder and CEO of EasyReports BI, started his career as a Business Analyst and worked with companies like Tata Consultancy Services, ITC and Accenture. In the year 2009 he started EasyReports BI with a vision to make analytics affordable and easy to implement for SMEs.

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