Featured! TallyPrime

TallyPrime

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9.4/10 (Expert Score)
Product is rated as #2 in category Accounting Software
Design
8
Easy to use
7.5
Price
7
Features
9.5
Feedback
8
PROS:
  • Awesome Price
  • Best featured functions on market
  • App is very easy to use
  • Design in unique and very user friendly
CONS:
  • Support is slow sometimes

What is TallyPrime?

TallyPrime is a powerful tool made for small and medium businesses to handle their money matters smoothly. It helps with tasks like making bills and keeping track of what you have in stock, all while keeping your data safe. Plus, it doesn’t stop there—it also helps with managing your cash flow, dealing with taxes like GST, and even lets you do things online like banking securely. With features for managing your money, keeping track of what you’ve got, and making sure everything runs smoothly, TallyPrime has got you covered.

What Is TallyPrime Used For?

TallyPrime is a flexible accounting tool mainly used by small and medium businesses to make their financial tasks easier. It helps with things like creating invoices, keeping track of inventory, dealing with taxes like GST, and watching over cash flow. Plus, it has advanced features that give useful information about how well a business is doing financially.

Tally Prime Release Date

TallyPrime was released on November 9, 2020, as an upgrade to Tally ERP 9, specifically tailored to meet the requirements of small and medium-sized businesses. The newest version, TallyPrime 1.1, comes with enhanced features such as detailed business reports, the ability to work on multiple tasks simultaneously, and convenient features like quick navigation.

How to Upgrade from Tally ERP 9 to TallyPrime

Switching from Tally ERP 9 to TallyPrime is a breeze! Just follow these easy steps to start benefiting from TallyPrime’s features for your business:

Step 1: Download the TallyPrime setup file.

Step 2: Install TallyPrime in just a few minutes.

Step 3: Activate your TallyPrime license.

Step 4: Begin managing your transactions right away.

Existing Tally ERP 9 users can upgrade directly to TallyPrime. Just make sure your TSS (Tally Software Service) is active. With just one click, you can migrate all your data from Tally ERP 9 to TallyPrime.

What is TallyPrime Latest Version?

TallyPrime 3.0 is the most recent version available. It introduces exciting new features like GST reconciliation, digital payment requests, and e-invoicing, making managing your business even more convenient and efficient.

Does TallyPrime Have an App?

TallyPrime does not have any app for mobile devices. However, there are many third-party apps available on the Google Play Store that allow you to access TallyPrime on mobile.

Difference between Tally ERP 9 and TallyPrime

Features Tally ERP 9 TallyPrime
Company Data Access Specify the folder path of company data Specify the folder path or use the “Select from Drive” option
Multitasking Needs multiple window screens for multitasking Allows multitasking within a single window
E-Invoicing and E-way Bill No built-in functions for E-Invoicing or E-way bills Includes built-in features for E-invoicing and E-way bill generation
Interface Green interface Blue interface
Data Status Data status not shown on screen Shows data status alerts on the screen for migration or repair

Benefits of Using TallyPrime (Tally ERP 9)

E-Invoice Generation: TallyPrime software connects with the IRP (Invoice Registration Portal), allowing e-invoice data to be uploaded and IRN (Invoice Reference Number) and QR codes to be printed automatically, without needing human input.

Business Report Access: Authorized staff members can view and share business reports such as Balance Sheets, Stock Summaries, and Profit and Loss statements through web browsers.

Books Decentralization: TallyPrime’s online bookkeeping feature lets users spread important data across different branches and then gather it all together in one central place.

E-Payments: Enterprises can use the E-Payment feature to carry out electronic fund transfers, issue electronic checks, and create electronic DD/PO (Demand Draft/Pay Order).

Tally Prime Download

Organizations can easily get the Tally Prime setup file from the download center and install the software by running it.

Tally Prime Pricing

TallyPrime software offers a free trial. However, the premium plan with advanced features starts at Rs. 750/month (silver rental plan).

Here’s the price range for TallyPrime:

  • Silver Rental: Rs 750 per month (excluding GST)
  • Silver: Rs 22,500 for perpetual payment (excluding GST)
  • Gold Rental: Rs 2,250 per user (excluding GST)
  • Gold: Rs 67,500 for perpetual payment (excluding GST)

What is the Disadvantage of Tally Prime?

TallyPrime has a few drawbacks. First, it doesn’t have its own payroll system built in, which can make it hard for businesses to manage paying their employees. Second, it’s not great at connecting with other software, which can lead to issues when trying to share data between TallyPrime and other programs that businesses use.

Features

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Simple Setup

You can get the program up and running in less than a minute, making it easy for organizations to start handling various accounting tasks.

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Managing Cash Flow

The program helps companies keep track of their cash flow and inventory, making sure they reorder items at the right times to stay profitable.

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Useful Business Reports

There are over 400 reports available to help businesses understand how they're doing. You can adjust the settings to focus on what matters most to your operations.

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Invoicing and Accounting

You have a lot of flexibility when it comes to creating invoices, with options to customize them to fit your needs.

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GST and Taxes

You can generate different types of invoices that comply with GST regulations, and easily file your tax returns.

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Keeping Track of Inventory

Features like managing warehouses, valuing stock, and tracking batches and expiry dates help you keep your inventory in check.

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Banking Made Easy

Sync up your bank accounts with the program for automatic reconciliations, online payments, and managing checks.

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Handle Multiple Tasks

Your accounting team can handle many different tasks within the same system, without losing track of their progress.

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Available in Multiple Languages

TallyPrime is available in English and Hindi, providing support for more users.

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Cost Control and Analysis

Detailed reports help you understand your sales and plan your budget effectively.

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Improved Security

You can encrypt your data and set up password policies to keep your information safe with the Tally Vault Module.

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Payroll Management

Manage employee salaries and benefits easily, including handling taxes and other legal requirements.

Specification: TallyPrime

Suitable For :

All Industries
Customer Support:

Phone, Email, Live Chat, Communities, Forums
Supported Platforms :

Windows
Business Specific:

All Businesses
Training:

Webinars, Documentation, Videos
Deployment Type

Perpetual, Web Based
Business Size

Large enterprises, Medium business, Personal, Small business
Device Supported

Desktop

Pricing

  • Silver

    ₹ 22500 /yearly

    Single User Edition
    Invoicing and Accounting
    Inventory Management
    Taxation
    Banking

    Get it Now

  • Silver Rental

    12000 /yearly

    Single User Edition
    Invoicing and Accounting
    Inventory Management
    Credit and Cash Flow Management
    Taxation
    Banking

    Get it Now

  • Gold Rental

    ₹2250 /yearly

    Unlimited Multi User Edition
    Invoicing and Accounting
    Inventory Management
    Credit and Cash Flow Management
    Taxation
    Banking

    Get it Now

  • Gold

    ₹67500 /yearly

    Unlimited Multi User Edition For Multiple PCs
    Invoicing and Accounting
    Inventory Management
    Credit and Cash Flow Management
    Taxation
    Banking

    Get it Now


Photos: TallyPrime

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FAQs

What Are the Main Uses of TallyPrime?

TallyPrime is primarily used for accounting purposes in small and medium-sized businesses, assisting with tasks such as creating invoices, tracking inventory, managing taxes like GST, and monitoring cash flow.

When Was TallyPrime Released?

TallyPrime was launched on November 9, 2020, as an upgraded version of Tally ERP 9, specifically tailored to meet the needs of small and medium-sized enterprises.

How Can I Upgrade from Tally ERP 9 to TallyPrime?

Upgrading from Tally ERP 9 to TallyPrime is straightforward. Simply download the TallyPrime setup file, install it, activate your license, and start managing your transactions. Existing Tally ERP 9 users can migrate their data seamlessly to TallyPrime with just one click.

What Is the Latest Version of TallyPrime?

The latest version of TallyPrime is 3.0, which introduces new features like GST reconciliation, digital payment requests, and e-invoicing to enhance business management efficiency.

Does TallyPrime Have a Mobile App?

No, TallyPrime does not have a dedicated mobile app. However, third-party apps available on platforms like the Google Play Store allow users to access TallyPrime on mobile devices.

What Are the Key Differences Between Tally ERP 9 and TallyPrime?

TallyPrime offers several enhancements over Tally ERP 9, including improved multitasking capabilities, built-in functions for e-invoicing and e-way bills, a more user-friendly interface, and real-time data status alerts.

What Are the Benefits of Using TallyPrime Over Tally ERP 9?

Some advantages of TallyPrime over Tally ERP 9 include seamless e-invoice generation, easy access to business reports through web browsers, decentralized bookkeeping, and electronic payment functionalities.

How Can I Download TallyPrime?

Organizations can download the TallyPrime setup file from the download center and install the software by running it on their systems.

What Are the Pricing Options for TallyPrime?

TallyPrime offers various pricing plans, including rental and perpetual payment options. The pricing starts at Rs. 750 per month for the silver rental plan and goes up to Rs. 67,500 for the gold perpetual payment plan, excluding GST.

How Does TallyPrime Facilitate E-Invoicing?

TallyPrime connects with the Invoice Registration Portal (IRP) to automate e-invoice generation, including the generation of Invoice Reference Numbers (IRN) and QR codes, streamlining the invoicing process.

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