April 30, 2020
With 1.6 million users, Tally is undoubtedly one of the most popular enterprise resource planning (ERP) software. It is its user-friendliness and easy maintenance that urges businesses all over the world to rely on ERP software to fulfill their need for report generation. There are different types of reports that you can prepare with Tally, but these reports can now be insightful with EasyReports-a powerful BI tool that offers seamless integration with Tally and comes with an attractive dashboard. Let’s have a look at the Tally Reports that you can create by EasyReports to offer meaningful business insights.
Sales Reports
Here the sales reports display all kinds of successful transactions and present a record of all the products sold over a specific period as well as trends in sales volume during a financial year. EasyReports presents not only product and customer rankings, but also target vs actual growth and contribution analysis.
Debtors Reports
Debtor aging report is a vital Tally report for businesses to remain debt-free, and EasyReports just not only identifies the bills that are due, but also presents standard and FIFO debtor aging analysis, as well as, outstanding bill dues by area, manager, and salesperson. It also offers more information such as debtor’s turnover, forecast of debtor’s cash flow, average payment days, and credit analysis.
Purchase and Creditors Reporting
A business has to make purchases on credit. So, it becomes important to keep a track of all purchases, names of vendors and suppliers, and so on for the smooth functioning of business operations. EasyReports facilitate the same in a hassle-free manner by souring data from tally and presenting pending orders, reports on the number of items that had been sourced, history of purchasing, and so on.
Cost Center Reports
While the cost centers could be of two types-production cost centers and service cost centers in business, the cost center reports provided by EasyReports based on Tally data can include analysis of expenses on a monthly, quarterly, and annual basis, budget vs actual, and allocation of expenses.
Finance Reports
These reports have always been of great significance for entrepreneurs. So, when you have the revolutionary Tally BI reporting tool, you can have a look at the position of your fund and working capital, forecast of cash flow, knowledge of outstanding loans(if any), and most importantly profitability!
Inventory Reports
A business could not function without an accurate inventory report. While Tally is fantastic in generating such reports, EasyReports offers much more such as inventory aging, movement, and forecast as well as the level of reorders and notional interest on the amount blocked due to non-moving inventory.
Ways EasyReports Makes These Tally Reports Insightful
EasyReports offer advanced data visualization that makes Tally reports quite insightful for everyone including those for whom understanding the information hidden in rows and columns of Tally reports always appear a bit tough.
The user-friendly BI reporting tool comes with an attractive dashboard well-equipped with colorful charts, pivot tables, custom fields, graphs, gauges, drill-down, and many more features.
EasyReports also has features such as predictive analysis and time-comparison that helps to present the data of these Tally reports in a more meaningful way that the key decision-makers could comprehend at a glance without wasting any time.
So, if you trust Tally for your reporting needs, it is time to embrace EasyReports to have insightful reports without undergoing a steep learning curve and spending a fortune. To have a view of its all features and the usability of the BI tool for your business, go for a free trial at https://www.easyreports.in.
