1. Simplified Accounting for Everyone

TallyPrime simplifies complex accounting tasks, making them accessible even for non- accountants. It automates journal entries, voucher creation, and ledger management — removing the need for extensive training.

• Multi-currency support: Maldives sees foreign transactions, especially in USD, EUR,and GBP. TallyPrime handles this seamlessly.
• Banking integration: It offers compatibility with banks operating in the Maldives, supporting online payments and reconciliations.
• Real-time financial reports: Generate instant balance sheets, profit & loss accounts, and cash flow statements with a click.

This makes day-to-day financial management faster and more accurate, which is essential for growing businesses.

2. Ideal for Tourism-Driven Enterprises

Maldives & economy is heavily reliant on tourism, and businesses in this sector need tools that support dynamic pricing, seasonal sales, and complex booking systems.

TallyPrime supports:

• Multiple cost centers to track revenue and expenses by department or property.
• Inventory management for resorts that need to monitor food, beverages, and supplies.
• Billing and invoicing that adapts to different currencies and customer preferences.

Whether you're running a dive centre, a guesthouse, or a boutique hotel, TallyPrime helps you manage your finances with clarity.

3. GST & Local Taxation Compliance

TallyPrime is fully equipped to handle Maldives’ Goods and Services Tax (GST), which is mandatory for most businesses.

It allows:

• Easy GST setup(General or Tourism sector)
• Automatic calculation and categorization of taxes
• Accurate return filing using pre-built formats
• Audit readiness with logs of all entries and changes

Staying compliant with MIRA (Maldives Inland Revenue Authority) regulations becomes easier and less time-consuming, avoiding penalties and confusion.

4.Seamless Inventory and Stock Management

For businesses dealing with physical goods — retail, wholesale, or trading — TallyPrime provides robust inventory management features:

• Batch-wise and expiry tracking: Crucial for food products, medicine, and perishable items.
• Stock valuation methods like FIFO, LIFO, or weighted average.
• Real-time stock visibility across multiple locations (warehouses, shops, or islands).

Retailers in Malé, wholesalers in Hulhumalé, or hardware stores across the atolls can rely on TallyPrime to stay on top of stock levels and avoid shortages or overstocking.

5. Multi-location and Multi-user Access

Businesses with branches or warehouses across different islands (e.g., Addu City,Fuvahmulah, or Baa Atoll) can benefit from TallyPrime’s multi-location support. It allows:

• Branch-wise reporting
• Consolidated financials
• User access control to assign specific roles

With cloud-based access (via remote desktop or third-party services), even users in isolated islands can update and access data, ensuring real-time collaboration.

6. Scalable for Small to Medium Enterprises (SMEs)

Maldives has a vibrant SME sector, and TallyPrime is built with flexibility in mind:

• Start with basic features and scale as your business grows.
• Add payroll, budgeting, and advanced analytics when needed.
• No need to switch platforms — just upgrade your Tally license.

It fits businesses at every stage — from start-up cafes to expanding resort chains.

7. Affordable and Cost-Effective

TallyPrime offers value for money compared to custom-built ERP systems or expensive cloud-based subscriptions. With a one-time license fee and optional support plans, it’s a smart investment for businesses focused on cost efficiency.

Tally’s low IT infrastructure requirements also make it ideal for Maldivian businesses operating with limited technical support or internet reliability.

8. Data Security and Audit Trails

Security is a major concern for any business. TallyPrime addresses this with:

• Role-based access control
• Encrypted backups
• Audit trail features(with TallyPrime Edit Log) to track all changes for accountability

This is especially important for businesses in finance, law, and healthcare sectors that require strict data confidentiality.

9. Local Support and Customization

Many service providers and resellers in the Maldives offer localized TallyPrime support, including:

• Setup and installation
• GST and MIRA compliance consulting
• Report customization for tourism and retail sectors
• Ongoing technical and functional support

You’re not alone — the Tally ecosystem in the Maldives is growing and readily available to help businesses succeed.

10. Insightful Business Decisions

TallyPrime doesn’t just record data — it helps you make better business decisions. With customizable reports and dashboards, you can:

• Track expenses and revenue trends
• Identify profitable product lines or services
• Monitor credit cycles with customers and suppliers
• Forecast cash flow and growth opportunities

All of this helps you act fast and smart in the ever-changing business environment of the Maldives.

Support from us

You get dedicated online support, available Monday to Friday during working hours.

• Tally Maldives Comprehensive Training: Access online resources, training, and workshops to maximize the software's potential.