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Tally Software for Manufacturing

Tally software streamlines accounting, inventory, and compliance for manufacturing companies in Dubai, UAE, and Abu Dhabi. Optimize production, track costs, and manage finances efficiently with Tally’s industry-specific features, ensuring seamless operations and regulatory compliance for manufacturing businesses.

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  • BOM Define raw materials and processes

  • Job Work Track outsourced manufacturing

  • Inventory Monitor stock in real time

  • Multi-Location Stock Track across warehouses

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Your manufacturing companion: Tally Software for Integrated Business Solution

TallyPrime is a powerful business management solution designed to streamline and automate a range of company processes. One of the earliest industries to use software for resource management was the manufacturing sector. TallyPrime provides specific features to improve cost management, inventory control, and production efficiency for the manufacturing industry. With its broad toolkit, manufacturers can ensure precise financial reporting, minimize mistakes and maintain deal operations.
It handles complex workflows of manufacturing industries very easily. However, the real challenge lies in providing the necessary flexibility for SMEs within these workflows.
The highlighting features of Tally as follows:
  • Sales order booking/Order acceptance
  • Material requirement planning
  • Production planning and scheduling
  • Purchase order processing
  • QC at various stages
  • Production processes for both assembly & process manufacturing
  • Scheduling of machines and tracking of production process
  • Management of accounts & finances
  • Generation of work orders

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Why Choose Tally Software for Manufacturing?

    In the manufacturing industry, maintaining a comprehensive record of all raw materials, components, parts, and other items used in production is essential. Helps businesses to streamline their manufacturing operations with efficient inventory management, production planning, cost -estimation and so on. TallyPrime offers tools such as stock and manufacturing journal vouchers, as well as a bill of materials feature, which enables businesses to list stock items and their required quantities for the production of finished products

    Benefits of Using Tally Software in Manufacturing Industry

    The Bill of Materials (BoM) is highly useful for several reasons, it helps the manufacturers in the UAE track their materials needs and optimize their resources:

    Inventory Management

    Businesses use BoM to track raw materials and components for manufacturing and maintain inventory levels.

    Cost Estimation and Control

    Businesses estimate cost by listing components and quantities in a Bill of Materials for pricing decisions and cost control measures.

    Regulatory Compliance

    For industries with strict regulatory requirements, such as food, pharmaceuticals, or electronics, BoM helps ensure compliance by accurately documenting the composition of each product

    Production scheduling

    Production scheduling and planning is an important step in ensuring the whole process of manufacturing goes on smoothly.

    Quality Consistency

    Quality consistency helps to retain customers, and happens when the best quality and over time quality is maintained. Tally ensures the quality of your products.

    VAT Guidance for Manufacturing

    In 2018, the United Arab Emirates Government and the Federal Tax Authority implemented VAT regulations, setting the outline for registration and reporting. Registered companies are required to submit their VAT returns on a monthly and quarterly basis as specified by the FTA. Manufacturing consists of acquiring raw materials and producing finished goods and services.

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    VAT Categorization

    Goods and services are divided into three categories for VAT application:
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    VAT Exempted
    category

    It includes the health sector, education, food and rent, first-time property buyers and corporate businesses.

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    0 %
    VAT

    Applies to export items, international passenger transport, supply of crude oil/natural gas and public education.

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    5 %
    VAT

    Applies to almost all taxable goods and services.

    Tally ERP Versions for Manufacturing Industries

    As a manufacturer, you may operate multiple warehouses for storing finished products, raw materials and semi-furnished products. TallyPrime allows to efficiently manage the stocks and monitor the movement across locations. Additionally, TallyPrime.ERP helps to get flexibility and evaluates the valuation of the stocks.
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    Conclusion 

    In summarize, TallyPrime is a crucial asset for contemporary manufacturing enterprises, providing essential features such as BoM, manufacturing journals, advanced inventory management, and comprehensive costing capabilities. The functionalities empower manufacturers to streamline operations, enhance cost efficiency, maintain precise inventory control, and make informed strategic decisions.

    For a Free Trial of Tally software for the manufacturing industry and other details visit:[email protected]

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    Tally Prime

    Here to Help, Big or Small

    We are dedicated to your business success. Feel free to contact us anytime for support, guidance, or assistance. Our team is here to help you achieve your goals every step of the way.

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    FAQ's

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