Sync

Tally ERP

data

Purchase Requisition

An internal request to procure goods or services, subject to approval before being converted into a purchase order.

Request for Quotation

A document issued to one or more vendors soliciting pricing and terms for goods or services, used to support purchasing decisions and vendor selection.

Production Order

A directive to manufacture a specified quantity of a product, coordinating the allocation of materials, labor, and work centers required for production execution.

Bill of Materials

A structured list of components, subassemblies, and raw materials required to manufacture a product, used to drive material planning and production order execution.

Receipt

An operation recording the physical intake of goods against a purchase order or transfer order, updating on-hand inventory and triggering payables processing.

Invoice

An outgoing billing document issued to a customer, recording the amount due for delivered goods or services against a sales order.

Purchase Order

A formal document confirming the commitment to buy or sell goods or services, issued to a vendor or received from a customer under agreed terms and quantities.

Sales Order

A confirmed customer commitment to purchase goods or services, driving fulfillment, invoicing, and revenue recognition processes.

Stock

A record of a specific item held in stock at a particular location or bin, capturing on-hand quantity, reservation status, and lot or serial tracking details.

Customer

A partner entity representing a buyer of goods or services from the organization.

Vendor

A partner entity representing a supplier of goods or services to the organization.

Currency

A monetary currency unit used across financial transactions within the system.

Tax

A defined percentage applied to transactions for tax calculation and reporting purposes.

Account

An internal financial account, such as a general ledger account or cost center, used to record and track monetary activity within the organization's chart of accounts.

Location

A physical site or facility within an organization, supporting nested hierarchies for structured representation of warehouses, buildings, or operational areas.

Site

An operational facility such as a plant, workshop, or office, within which resources, assets, and activities are organized and managed.

Organization

A tenant-level business unit or division within the system, serving as the top-level scope for data segregation and operational context.

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About Tally ERP

Tally ERP is a business-management and accounting solution designed to deliver double-entry bookkeeping, inventory and stock tracking, GST and statutory tax compliance, invoicing and billing, payroll, bank reconciliation, and financial reporting for small and mid-sized businesses, with particularly strong adoption across India, the Middle East, Africa and South-East Asia. Organisations use Tally to keep their books current, manage stock across multiple warehouses and godowns, file accurate tax returns (such as GST, TDS and VAT), generate compliant invoices and statutory reports, and integrate with other business systems via XML, ODBC and Tally Definition Language (TDL) to extend financial and operational workflows.