The content is created in new product ‘TallyPrime’ with the objectives of Simplify the Simplest, Greater Flexibility and New Look and Feel. It provides step-by-step instructions starting from Storage and Classification of Inventory, Accounts Receivable and Payable Management, Purchase and Sales Order Management, Tracking Additional Costs of Purchase, Cost/Profit Centres Management, Budgets and Scenarios, Generating & Printing Reports. The book is enriched with numerous real business scenarios, screenshots, observations, solved illustrations, and practice scenarios to help the candidates experience the simplicity and the power of technology of working on TallyPrime. Upon solving these live business scenarios, the candidate will be able to understand the intricacies of business operations and would be equipped to handle such transactions in the daily work environment with ease.