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TallyPrime Reviews & Insights

Score8.3 out of 10

8 Reviews and Ratings

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Community insights

TrustRadius Insights for TallyPrime are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Recommendations

Users commonly recommend Tally Prime for small and medium-sized businesses, as it is suitable for daily accounting and bookkeeping tasks. Small organizations find it to be a pocket-friendly accounting software. Tally Prime is also suggested for managing accounts, stores, warehouses, and other business tasks, offering integration and ease of use in accounting. It is considered a reliable choice for SMEs and small businesses. Users recommend exploring Tally Prime as a cost-effective alternative to other software options like SAP, especially for small-scale trading businesses. To fully utilize its features for financial management and invoicing purposes, it is advisable to have good knowledge of Tally or hire a resource with expertise in the software.

TallyPrime Reviews

2 Reviews

Accounting Software with best learning curve and management

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

We use TallyPrime in our organization for accounting day to day business transactions. It enables us to comply with the statutory obligations, for instance, enhancing us to be transparent with respect to monthly GST returns. It also let us know the true financial position of our organization at a particular point of time, thus depicting us the impact of decisions taken or to modify to suit the current market scenarios. It brings the unambiguous view in Bank reconciliation statements and thereby enhancing our clarity with our banking partners. With rigorous number of transactions, Software like TallyPrime in place as a tool fills and automates the financial matters.

Pros

  • GST Returns related matters in particularly bifurcating month wise Output GST and input GST, thereby making the GST returns unabmiguous.
  • GST e-invoicing is the main challenge when the similar concept introduced by Government way back in 2017, whereas TallyPrime enabled e-invoicing in its software removing the need to go the Government e-portal to create one.
  • Employee payroll related features also smoothen the personnel management
  • Cost center related features in TallyPrime brings the transparency of funds flown

Cons

  • 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.

Likelihood to Recommend

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.
SN
Seerapu Nehemiah
Senior Accountant in Finance and Accounting at E2E Research Services Pvt. Ltd. (51-200 employees)
Vetted Review
TallyPrime
9 years of experience

Saviour for Companies where inventory management and tax calculation is highly required

Rating: 8 out of 10
Incentivized

Use Cases and Deployment Scope

We use it for a few small companies where the annual turnover is less than 1 crore. TallyPrime efficiently streamlines clients' finances, from accounting to payroll. It ensures compliance with tax laws and maintains optimal inventory levels. The software's real-time insights empower informed decision-making, boosting efficiency and accuracy while providing peace of mind.

Pros

  • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
  • TallyPrime's payroll module handles complex payroll calculations effortlessly
  • It offers user-level access control and encryption, ensuring that sensitive financial data is protected

Cons

  • Software could be more benefit from a more modern and intuitive design
  • Developing a mobile app or optimizing TallyPrime for mobile browsers will make users financial information on the go
  • Customizable dashboards and charts would be valuable for decision-makers.

Likelihood to Recommend

There was a need to maintain a clear overview of the inventory for one of our clients, including tracking products, monitoring stock levels, and managing purchase orders. TallyPrime's inventory management feature allowed us to efficiently track and update stock quantities as products are sold or restocked. Which was a real savour for us.
PP
Pratheek Pariyaram
Accounting Specialist in Finance and Accounting at Consero Global Solutions (1001-5000 employees)
Vetted Review
TallyPrime
1 year of experience