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HomeProducts >  Tally.ERP 9 > Financial Management & Control
Financial Management & Controls
Your Lifeline - Finance at Your Finger Tips.

Tally.ERP 9 comes with rich features & financial reports that give you the necessary management and control of your business. A few of these are listed below:
Financial Management & Controls

Your Lifeline - Finance at Your Finger Tips.

Tally.ERP 9 comes with rich features & financial reports that give you the necessary management and control of your business. A few of these are listed below:

• Funds Flow & Cash Flow reports – help you locate bottlenecks

• Bank reconciliation - keeps your bank books in sync, and identify unclear instruments

• Customer Credit Limits - to limit risk of default and large losses

• Budgets - keep tabs on projected expenses against actuals

• Mark vouchers post dated - these will reflect into the books of accounts only on/after that date

• For needs where reports have to consider a transaction that has not happened (say salaries for this month that get paid the next month) vouchers (called 'reversing journals') can be marked to 'disappear' for reports post a specific date

• "Scenario" management - helps you with your business forecasting and planning. You can use optional, reversing journals and memorandum vouchers, to aid in recording provisional entries that are useful for interim reports

• Multiple inventory valuation. You can decide one valuation method for the business, and be able generate financial reports using any other valuation method - as the statutory method may not be appropriate for your needs, your bankers and for other decisions

• Cash balances can go negative - you can get warned if this is about to happen, or see reports and make the necessary corrections

• Several business exceptions are available (negative stocks, negative ledgers) - for you to exercise control over these activities

• A one-screen business ratios with drill down right up to the transactions - help you to correct course frequently

• Item wise & document wise profitability statements to control revenue leakage and inappropriate pricing

• Internal audits are supported with audit controls - authorised users can mark vouchers as 'audited' and can get to see reports on changes made post audit, and the name of the person making the change
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