F11 Company features

Enable Bill-wise entry

Enable this option to display the option Maintain balances bill-by-bill created under sundry debtors and creditors.

When you enter details of sales and purchases with the bill-wise option activated, TallyPrime prompts you to identify the invoice with an appropriate reference number.

The reference number can then be used to allocate payments to the correct invoice to maintain an accurate account of outstanding.

Bill-wise details for non-trading accounts are useful when one needs to track either an installment to be paid or a loan amount to be received over a certain period.

Enable Cost Centres

Set Show more features to Yes to view this option.

Used for maintaining and allocating expenses to cost centres.

Enable Interest Calculation

Set Show more features to Yes to view this option.

Enable this option to calculate interest automatically based on the interest rate and the style of calculation specified.

This is useful when interest rates change from time to time.

Inventory

Maintain Inventory

This option is set to Yes by default. This allows you to maintain your stock or inventory. Setting this to No will disable Inventory-related features for your company.

Integrate Accounts with Inventory

Set Show more features to Yes.

Maintain your stock or inventory along with your books of accounts.

Stock records may contain errors caused by wrong allocation to items. This feature enables finalization of financial books without waiting for the reconciliation of stocks.

You can drill down from the Balance Sheet to view the Stock Register.

Enable multiple Price Levels

Set Show more features to Yes.

Create multiple price levels for your stock items.

Enable Batches

Set Show more features to Yes.

Maintain batch information pertaining to Stock Items. Setting this option to Yes displays the Maintain in Batches field in the Stock Item Creation screen.

Maintain Expiry Date for Batches

Set Show more features to Yes.

Set expiry dates for the batches. This displays the Use Expiry Dates field in the Stock Item Creation screen.

Enable Job Order Processing

Set Show all features to Yes.

Create Job Work Out or Job Work In orders.

Enable Cost Tracking

Set Show all features to Yes.

Analyse and track the cost of an item in transactions.

Use Discount column in invoices

Set Show more features to Yes.

Use separate Actual and Billed Quantity columns in invoices

Set Show more features to Yes.

Specify quantities that are different from those delivered/received when invoicing.

Taxation

Enable Goods and Services Tax (GST)

If your business is under the GST regime, set this option to Yes and specify the GST Details for your company.

Enable Tax Deducted at Source (TDS)

If your business considers TDS payments, set this option to Yes and specify the TDS deductor details along with the applicable Rates and Exemptions.

Enable Tax Collected at Source (TCS)

Set Show more features to Yes.

If your business considers TCS payments, set this option to Yes and specify the TCS collector details along with the applicable Rates and Exemptions.

Enable Value Added Tax (VAT)

Set Show all features to Yes.

If your business is under the VAT regime, set this option to Yes and specify the VAT Details for your company.

Enable Excise

Set Show all features to Yes.

Allow considering excise-related details during voucher entry.

Enable Service Tax

Set Show all features to Yes.

If you pay service tax as part of your business transaction, set this option to Yes and specify the service tax details and set the preferences for your company.

Online Access

Enable Browser Access for Reports

Set Show more features to Yes.

Once your company is connected to Tally.NET server, access the key business report from the broswer in any device using your Tally.NET credentials.

Enable Tally.NET Services for Remote Access & Synchronisation

Set Show more features to Yes.

Use features like Remote Access and Synchronisation.

Payroll

Maintain Payroll

Set Show all features to Yes.

Maintain payroll information in TallyPrime for the selected company.

Enable Payroll Statutory

Set Show all features to Yes.

Maintain payroll-related statutory information.

Others

Enable multiple addresses

Set Show more features to Yes.

Add multiple addresses for your company, as per your business needs.

Mark modified vouchers

Set Show more features to Yes.

For audit purposes, view all vouchers that are altered after creation.