Industry-specific TDL
TDL for Service Businesses
Service businesses bill for time, contracts and milestones. TallyPrime can track contracts, recurring billing and receivables by client or project.
Common business problems
- Recurring invoices raised by hand
- Project-wise profitability unclear
- Contract renewal tracking
- TDS and GST on services
Common Tally requirements
- Cost centres by project
- Recurring billing
- Contract details on invoices
- Client-wise receivables
Possible TDL use cases
What TDL could do in Service Businesses
01
Project or contract fields on invoices
02
Project-wise profitability report
03
Contract renewal due report
04
Service invoice format with period details
05
Client statement print
Useful reports
- Project P&L
- Renewals due
- Client-wise receivables
- Billing summary
Automation opportunities
- Recurring invoice preparation
- Renewal reminders
- Statement export
Example workflow
How it could flow in TallyPrime
- 1
Contract recorded
- 2
Periodic invoice
- 3
Receivable tracked
- 4
Renewal flagged
An illustrative example. Your workflow is discussed and designed around your business.
Discuss TDL for Service Businesses.
Describe it in your own words. Kris Info Trade will discuss it with you and share a custom quote.
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