TallyPrime Reviews

Pros

- Fast
- Easy to learn
- In Line with accounting standards and rules
- Easier Compliance

Cons

- New Updates take time
- Newer tax laws like GST complicated to implement
- Doesn't look like a clean software/ aesthetically pleasing

Alternatives Considered

Quickbooks Online and Microsoft Power BI

Reasons for Switching to TallyPrime

Cheaper, and low manpower cost

Pros

It's all ERP module are very easy to learn and use unlike other accounting software It's statutory feature ease the business

Cons

Firstly, It's aging feature of sundries need to be improved,
Secondly, for calculating tax for cgst and sgst we need to calculate it manually which needs to be improved

Alternatives Considered

QuickBooks Desktop Enterprise

Reasons for Choosing TallyPrime

Because we want to explore this software

Reasons for Switching to TallyPrime

Quick book is a cloud based Accounting software that what will definitely help the business to run smooth

Pros

Popular among people, especially CAs and STPs

Cons

performance, especially when data is bigger. And even for a bit complex calculation, it will take 15 minutes which other software take only 10 seconds. The architecture is decades old.

You will have to split company if you data is bit big.

Pros

TallyPrime is very well known company in this field. Since long they are providing this service in this field. I love there Accounting and billing system most and the user access system. There order management and processing system also very useful. I love there software.

Cons

First of all I will say this software are long time in this market. So lots of things they improved already. But some of there feature need to improve for payroll system. They can add payroll and HRM to this system which will be more better. People will be interested to buy this more.

Pros

Simple, easy to use and standard software.
GUI of the tally is very good. It's not complained like SAP and all. Even beginner and non accounts professional can learn it quickly.

Cons

Bulk entry have to be e tired Manually. Bank straw can't be important from excel, I.e. it has to be entered manually. Tally does not provide backup file which can be imported into internationally used accounting software.

Alternatives Considered

Xero

Reasons for Switching to TallyPrime

Easy to use and costing

Pros

It is easy to comply with the Indian Taxation (GST) with this software. It is very helpful for preparation and uploading of GST Returns directly from the software. It is very easy to learn and it is very quick as there are shortcuts for each function and they are very easy to learn. Contacting their support is quick and they are very helpful. There are several menus to analyze and present data.

Cons

UI can be improved. There are charges to change the version and the changes are to be done manually. We need this on cloud storage basis,

Pros

It is very helpful for GST complaince .Also we can get TDS data easily. We can maintain financial data very safetly.We can easily maintain purchases, sales, taxation,payment,receipts.Its very user friendly and very helpful for company accountant,managment and auditors.

Cons

the overall good experience with tally.Thre is no automation.It will be good if you can customize automation for bank entries and other entries.

Pros

1) Helps to maintain the Books of Account properly of any business entity.
2) Efficiently runs the large data.
3) Back-up feature ensures data safety.
4) Tally provides mobility. Tally allows its user to access their account remotely through Tally.Net facility which ensures that it can be accessed from anywhere through internet.
5) Features of Audit and Compliance is useful for Audit work. It saves time and increases the efficiency of Auditing.
6) Reports like Balance Sheet, Profit and Loss Account are useful for analyzing the financial position of the entity.

Cons

It is less suitable for Large organizations but it is a perfect solution for small and medium size organizations. It works as per the requirements.

Pros

I have worked on almost all versions of tally since 2007, it has been the easiest software for wider use cases ranging from a small tier org to a larger org.

Cons

Lesser customization is something which i feel is a hindrance but still i have been using it all my life so it is best.

Pros

Processing invoices and producing trail balance is easy

Cons

when it comes to reporting, some areas can be improved

Pros

This software is best and most trusted software. It provides automated solution for maintaining records and timely compliance with laws. The Best in this software is that one can customize this software according to requirements. Even special customization for every kind of business is available. It is very easy to use and learn for a fresher, Shortcut Keys are given on right side. Data can be easily compiled and migrated to PDF, Excel and Other Forms. Tally.net user is another very good feature, which provides you to access your data while sitting anywhere. These days it is very helpful for preparation and uploading of GST Returns directly from Software

Cons

This software is not on cloud storage basis. But In all, this software is very good and best software for maintaining complete records of a business

Pros

Tally has been part of our life since the day of the inception of the business. We rely totally on the tally for our accounting system. It's Sleek and Simple layout is fast and easy on the eye and the ability to anything using the tons of shortcuts without touching the mouse at all is a breeze to work like a pro.

Cons

The bad thing we feel about tally is that it did not evolve much in these recent days of cloud computing and the ability to resolve all problems a CRM should for the company. It still lacks some details on its functions and the layout of the end results must be improvised a little to meet the standards of it's users.

Pros

Tally Prime is known and trustable accounting software which is being used by moat of the businesses.

Its best suited for small and medium size businesses.
User friendly and easy to use.
Provides various final analysis reports in easy to understand format.
This is budget friendly as small and medium businesses cannot invest in high rated softwares.
It also provides multi user working and data sharing option.
It also provides feature of accounting of applicable taxes such as GST, TDS etc.
Provides inventory managemant facility to users.
Overall a good accounting software with all required features, easy to use and in budget too.

Cons

Does not provide specialized financial reports.
Not compatible with cloud compounding, data mining or other artificial intelligence features.
Does not provide auxiliary software service such as payroll, pos etc.
Sometimes it is complicated go work in multiuser option.

Pros

Tally supports export to CSV, GST tax calculation. Readable data available for filling of GST returns. This provide multi-language support. It maintains inventory along with accounts. Automatic interest calculation for various accounts like receivable, payable, capital account. User security controls along with data safety features. It supports Audit features which are very useful. Presentation of data with bar charts. It not only provides profit and loss for the Financial year but it also provides various ratios for analysis of financial data.
This is available for students for learning purpose.

Cons

User cannot open multiple instances of ledger account at same time.
User cannot enter cost center wise opening balances which makes it difficult to depict data cost center wise.
GUI graphics color should be customized.

Pros

One of the things I like most with this software is its ability to adopt to the changing needs of a business needs today. It has the ability to adopt them with ease and and also ensures the business data is safe and secure. Through the help of partner support, Tally provides support for training and installation.

Cons

The software requires the user to have some accounting knowledge to effectively work with it. After the installation, the user can hardly grasp the accounting knowledge to facilitate the operations.

Pros

Can create account for multiple companies and use at multiple windows,, need not to do calculations by hand, everything percentage and deductions are calculated in tally itself

Cons

Doesn’t have automatic backups,, would be good if they have an option that data will be saved somewhere when computer get corrupted

Pros

Best part for cost center wise accounting, Easy to use very basic accounting software, Good Reporting and bank reconciliation function.

Cons

No Payroll function, not good if you are using excel as invoice and then importing it to the accounting software import from excel is not there you have to convert it in to xml and then import little tricky
No web version.

Pros

It is very easy to use and can be used by anyone who knows the basic accounting rules. Ledger creation in tally is very simple.Tally Erp 9 is very user friendly and can be used in small as well as corporate business enterprises because it has a lot of features. Any one can set it's features as per their requirements.Multi companies can be created and GST consultants and Auditors can easily take statutory reports and file GST returns through Tally Erp 9 very quickly.

Cons

When we use remote control feature sometimes it takes more time. Statutory reports can be taken slowly if there is company with huge data.

Pros

GST implementation is really appreciated, some bad marks are you cannot control or lock the previous date invoice numbers which is very important for GST registered users, if your configuration of numbering is automatic the if you change any one number in between all the invoices will be affected, It should not be happen after filing GSTR1 report.

Cons

Reporting mechanism is fantastic, accuracy, front end look and excel export are awesome. More than that filtering options are really helpful to generate custom reports to submit the reports to management or higher authorities.

Pros

Tally this software is very user friendly and you can say very intuitive. They have single user & multiple user licesense. On multiuser lisence we can access tally on multiple devices , computers, laptops. Even they have remote facility so you can give remote. Tally support also very nice.we have single user means Silver license. We are happy to using this. Our accountant can easily maintain all purchase, sale, payment , receipt, invoice entries. It is very easy to take data backup also.

Cons

Actually software is good but when tally version we need to update they will charge for this. This charges for service support. And we need to update version manually. After all software is very good very light version.

Pros

multiple options to select.
minimal data and maximum effect
auto calculation of bills
several menus to analyse and present data
report export facility
server-client option to expand it's usability
options for VAT forms plugins import
State wise calculation capability

Cons

UI is not so simple
how to use guide is not so easy to understand
error messages does not specify or give suggestions to rectify it

Pros

Tally has made it extremely easy for me to move from old tax regime to GST. Allows me to custom-view sales and purchase data based on my requirements and generate various reports on a daily/weekly/monthly/yearly basis as required.

Cons

It's a bit costly and it takes time to get accustomed to the User-Interface. Also customization is very limited so if you're in requirement of a scalable tool that allows you to customize its utility, you should look for other accounting tools.

Pros

it gives more convenience by providing short cut key information on the right side of the screen with its respective headings as its always easy for users to use short cut keys to access data with more speed with our limited time in the work environment

Cons

narration for the transactions are limited or most of the time when we get printed the voucher some parts of the narration are missing as it has given limited lines which make inconvenience when we have to write a detailed comment of the vouchers, specially for the payment voucher where we have to pay our suppliers and get it signed

Pros

Very useful accounting Software, in india Context.

Cons

Price and payment gateway cant be integrated also its on prime not cloudbased software.

Alternatives Considered

Zoho Books, Vyapar and MARG ERP 9+

Reasons for Switching to TallyPrime

Having more features and handy.

Pros

1. Extremely easy to understand and easy to use.
2. Serve as an ERP product for the organization
3. Customised reports
4. Regulatory compliances inbuilt in software
5. Preparation of financial statement made easy.
6. Complete audit trail.
7. Multi-user facility and remote user facility like Tally.Net services
8. Easy setup

Cons

1. Cloud services not available unlike Quickbook or other software.
2. Only desktop version available, web version not available.
3. Some advance features missing like auto bank statement download, regular auto posting etc.
4. Mobile or Tablet not supported.