Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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TallyPrime
Score 8.3 out of 10
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TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
Microsoft Dynamics GP
TallyPrime
Editions & Modules
No answers on this topic
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
Microsoft Dynamics GP
TallyPrime
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Users can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
Microsoft Dynamics GP
TallyPrime
Features
Microsoft Dynamics GP
TallyPrime
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.6
17 Ratings
15% below category average
TallyPrime
-
Ratings
Pay calculation
6.016 Ratings
00 Ratings
Benefit plan administration
7.012 Ratings
00 Ratings
Direct deposit files
7.016 Ratings
00 Ratings
Salary revision and increment management
7.015 Ratings
00 Ratings
Reimbursement management
6.014 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
25 Ratings
9% below category average
TallyPrime
-
Ratings
API for custom integration
7.024 Ratings
00 Ratings
Plug-ins
7.019 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
6.5
36 Ratings
24% below category average
TallyPrime
-
Ratings
Single sign-on capability
6.029 Ratings
00 Ratings
Role-based user permissions
7.036 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.7
37 Ratings
16% below category average
TallyPrime
-
Ratings
Dashboards
7.025 Ratings
00 Ratings
Standard reports
7.035 Ratings
00 Ratings
Custom reports
6.035 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.7
44 Ratings
15% below category average
TallyPrime
-
Ratings
Accounts payable
6.041 Ratings
00 Ratings
Accounts receivable
7.032 Ratings
00 Ratings
Cash management
6.032 Ratings
00 Ratings
Bank reconciliation
6.037 Ratings
00 Ratings
Expense management
7.027 Ratings
00 Ratings
Time tracking
7.013 Ratings
00 Ratings
Fixed asset management
6.025 Ratings
00 Ratings
Multi-currency support
8.017 Ratings
00 Ratings
Multi-division support
7.025 Ratings
00 Ratings
Regulations compliance
6.011 Ratings
00 Ratings
Electronic tax filing
7.011 Ratings
00 Ratings
Self-service portal
7.012 Ratings
00 Ratings
Global Financial Support
6.07 Ratings
00 Ratings
Primary and Secondary Ledgers
7.018 Ratings
00 Ratings
Intercompany Accounting
6.016 Ratings
00 Ratings
Localizations
8.011 Ratings
00 Ratings
Journals and Reconciliations
7.022 Ratings
00 Ratings
Enterprise Accounting
6.014 Ratings
00 Ratings
Configurable Accounting
7.014 Ratings
00 Ratings
Centralized Rules Framework
6.012 Ratings
00 Ratings
Standardized Processes
7.015 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
6.8
24 Ratings
8% below category average
TallyPrime
-
Ratings
Inventory tracking
7.022 Ratings
00 Ratings
Automatic reordering
6.012 Ratings
00 Ratings
Location management
8.017 Ratings
00 Ratings
Manufacturing module
6.013 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
A large company where users have one function- for instance, where someone only receives or works in payables. That minimizes the number of windows they need. A smaller company where one user does multiple functions will require a lot more training and user knowledge to navigate, and it makes it harder to secure users. You also have to understand that GP started life as Great Plains, designed for accountants. The other modules were added on after Microsoft bought Great Plains, which means that modules like Manufacturing are red-headed step children with much smaller support ecosystems. So, if you're starting fresh, you may want to look at something built for the mobile world. D365 and Business Central are a lot more money, buggy, and hard to customize and essentially still vaporware. Microsoft is heavily investing there, leading to the previously mentioned question about the future of GP. If I was starting today I would be hard pressed to justify jumping into GP in a world where Salesforce ties in with so many programs. GP has MRP but it is limited so it's hard to justify a manufacturer starting with GP today.
When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
Able to be extended into multiple areas of your business
One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
I come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!