TallyPrime Reviews

Pros

Tally erp 9 is professional accounting software which is used in many companies. Its enabled us to do Accounting, Inventory Management with godowns management, Also support GST features, Cheque Printing and many more. In tally Erp 9 You can Manage your sales and Purchase bills. Payroll feature to pay employees salary etc.

Cons

Tally Erp 9 Is professional Accounting software with lots of features in it and it daily updating with new features there is nothing to dislike in it. Tally fulfill my needs .

Pros

Excellent invoicing and accounting software, precious inventory management software, excellent in GST calculation and proper management of Banking credit and debit management software.

Cons

For GST information addition, one needs to do some calculations with offline calculator addition as it is not automated calculations through TallyPrime, but after putting these informations to TallyPrime, then overall calculations becomes simple. TallyPrime does not work in Wireless connectivity but it works through LAN connections. So in order to use in multiple computers wireless data transmission within computers should be made available.

Alternatives Considered

NetSuite

Reasons for Switching to TallyPrime

1. Ease of deployment2. Super fast muliple computer node updates3.It s overall calculations of taxes4.Presence of remarks field5.Ease of Ledger creation6.Multi tasking7. Credit and cash flow management8.Data security9.Access business data anywhere anytime online.

Pros

Auto updation of profit loss and balance sheet.
Can switchover from any ledger to anywhere without any difficulty.
Easy to use.
Gst release made gst returns easy.
Inventory management is also nicely incorporated.
Cost management is also possible.
Easy bank reconciliation is possible.
Payment, receipt, contra, j.v all kind of entries and voucher are easy to use.
Stock j.v can be used easily.
All kinds of tax and statutory master can be used as per the requirement of user.
Widely accepted in India.
Best accounting software I have ever seen.

Cons

It is best for accounting but at the same time person who is not familiar with accounting can not use it easily. Somewhat basic knowledge of accounting is required to use this software.
Sometimes people who are commerce graduate for them also this software become difficult as there are many features so it may seems complicated at initial level.

Pros

TallyPrime is a robust and user-friendly accounting software that provides a variety of functions to assist businesses in properly managing their money. TallyPrime's simple and user-friendly design, which allows users to accomplish difficult financial chores with ease, is one of its greatest and most popular aspects. Another important feature is its support for different currencies, which enables organisations to effortlessly handle and track numerous currencies while reducing financial risks connected with currency changes. The "General Ledger" component of TallyPrime is the software's backbone, giving an accurate and complete record of all financial transactions, while the "Profit and Loss Statement" and "Income & Balance Sheet" features offer vital insights into a company's financial performance. The "Budgeting/Forecasting" and "Cash Management" tools assist firms in planning and preparing for the future.

Cons

While TallyPrime is a strong and user-friendly accounting software, it does have several limits and features that may not be suitable for all users. One such disadvantage is the absence of interaction with third-party programmes, which can make data transmission between TallyPrime and other software difficult for enterprises. Another disadvantage is that TallyPrime lacks an integrated payroll system, which may be troublesome for organisations who must manage employee payroll. Some users have also complained about the programme being sluggish or unresponsive at times, especially when working with big volumes of data. Lack of mobile compatibility can also be a barrier for firms that need to access financial data on the go.

Pros

The accounting software Tally is very simple to use. It wouldn't take long for a new user to become familiar with this software. The best feature of the software is also that it allows users to enter data for previous months, which simplifies accounting. This allows users to book invoices in the past.

Cons

It is not possible to customize the report to meet our needs. Some shortcuts in Tally Prime are different from those in Tally ERP 9, which causes some user discomfort.

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

The most loved feature about this software is that you do not need a mouse to operate it, yes that is the best feature, that it can be used with only a keyboard as shortcuts are its forte. I wish other cloud based software had this ease of use.

Cons

There is no customization when it comes to invoicing. We use a different cloud based bookkeeping application for raising customer invoices.

Pros

Anyone can learn it with a little practice. It is primarily appropriate for small-scale businesses.

Cons

Now that tally has been in the market for more than 3 decades, it must perform in accordance with the current market conditions. Need to handle large company accounts, add advanced features, improve graphics, and provide high-end customer support. Tally prime requires more compatibility than other accounting software.

Pros

Tally prime useful for every business accordingly shows financial conclusion of business and one solution for business for business accounting needs

Cons

invoice management as well as GST work area.

Pros

normal software with normal reporting and normal invoicing .

Cons

1. any report we not send mail with 1 time config2. daily current date mannualy set for voucher entry 3.when report export all report name same show accounting voucher4. give more invoice layout option5. whatsapp addons free with tdl renew gst report 2a and 2b not online compare

Pros

Ease of use, all accounting features available, can be customize according to the need, report can be tracked any where with the help of internet.

Cons

Systems gets hanged, many times systems need to be reloaded

Alternatives Considered

Busy Accounting Software

Reasons for Choosing TallyPrime

Accounting functions and ease of use

Switched From

Busy Accounting Software

Reasons for Switching to TallyPrime

Ease of use

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

I am Professional Tax Consultant and Running my Small Practice since 2020 (After Covid Pandemic). Tally Prime is India's best Accounting Software. Now I can easily Manage my all Accounts, Track Receivables and Smartly Raise Professional Invoices from Tally Prime. This Software helps me a lot to in GST Compliance and to get accurate scenario of my business.

Cons

Yes, I would recommend to Tally Solutions to get back function of Schedule-3 of Balance Sheet and Profit & Loss Account for all Public and Private Limited companies. Whereas in Tally ERP.9 we used converted our Financials easily as per Schedule- 3 of Companies Act, 2013. So in Tally Prime this function is missing.

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

ease of finding tally trained people, customisation possibilities

Cons

many commonly used features , available in free addons can easily be incorporated in main software but not done

Alternatives Considered

Quickbooks Online

Reasons for Switching to TallyPrime

ease to find a tally certified person

Pros

Easy interface and no confusion using most part of this software.

Cons

Pos feature not added on this software and print invoice setting is to much complicated

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

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

The database design and it's function are almost perfect. Everything works. The reporting and audit trail in Tally are second to none including many top players in the industry.

Cons

The UI is extremely unpleasant for non-accountant (and for some accountants as well)

Pros

There are lots of pros in this software, some of are listed below -
1) Easy to use
2) Multi-language supported
3) Multi-currency supported
4) Import-export from and to excel
5) Various reports, statements required for the compliance process provided
6) It can create users so accountability for work is created.
7) Tally support for the queries is very good

Cons

There are no cons as such in this software I found. It is a good software for accounting. Hence widely used in India.

Pros

After the addition of GST in the Indian Market, tally has been one of the best and supportive software throughout. It was one the first software to support this functionality. Updates are lot quicker compare to others.

Cons

It has a lot of features and functions which is good, but the UI is not so simple. One needs to go through a course to understand it completely. I think more tutorial and FAQs could have been better.

Pros

1) One of the best accounting and managing software I have ever used.
2) Easy to use and manage the account transactions.
3) I personally recommend Tally to manage account transactions and GST information(for indian users).

Cons

It costs very much as the typical costing range lies between 18000-55000 Indian Rupees.
There is no cons other than the software's costing price.

Pros

Tally is very easy and user friendly to use compared to other accounting software is and data traceability is also good

Cons

Multi user a bit costly amd apart from that I don't find anything which is not good in Tally it's a good accounting software

Pros

This software has a inbuilt facility for computation of Tax Structure with detailed report for each Vendor , sales can be differentiated on basis of financial years.

Cons

I don't find any constants in software it is flexible to cater any industry.

Pros

Smoothly, report is highly accuracy. Profit and loss we can find immediately. Mostly trading organization using tally which is easy and accuracy.

Cons

Customer LPO is not showing in SOA. You have to improve this issue. Not able to print bank account details in Invoice with swift code in UAE. This thing they have to improve. We can't upload signed invoice in the tally. Because of cloud base issue.