Description
TallyPrime Software Pricing, Features & Reviews
What is TallyPrime?
TallyPrime is comprehensive accounting software, designed for small and medium-sized businesses to manage their finances easily. At its core, TallyPrime serves as an advanced accounting software, efficiently handling crucial functions such as invoicing and inventory management with authorized data control and management.
Furthermore, the software goes the extra mile by providing comprehensive solutions that streamline various aspects of business management. From cash flow management to GST filing and taxation, this software covers it all.
Additionally, it offers a range of features including cash flow management, inventory management, online banking, secured data, payroll management, and more.
What Is TallyPrime Used For?
TallyPrime is versatile accounting software primarily utilized by small and medium enterprises to streamline their financial operations. It serves as a comprehensive platform for tasks such as generating invoices, managing inventory, handling taxes like GST, and monitoring cash flows. TallyPrime’s advanced reporting capabilities provide valuable insights into an organization’s financial health.
Tally Prime Release Date
TallyPrime launch date was 9th November 2020. On this date, Tally ERP 9 was upgraded as TallyPrime to address the needs of SMBs and mid-sized businesses. The latest version is TallyPrime 1.1 and has upgraded features like insightful business reports, multitasking capabilities, go to features, etc.
How to Upgrade from Tally ERP 9 to TallyPrime
Upgrade from Tally ERP 9 to TallyPrime software in just a few minutes. Follow these simple steps and start using TallyPrime features for your business:
- Step 1: Download TallyPrime setup file
- Step2: Install TallyPrime in minutes
- Step 3: Activate TallyPrime license
- Step 4: Start managing your transactions
Existing Tally ERP 9 users can upgrade directly to TallyPrime. You just have to ensure that your TSS is in active state. In a single click, you can migrate all your data from tally ERP 9 to TallyPrime.
What is TallyPrime latest version?
3.0 is the latest version of Tally Prime. TallyPrime 3.0 comes with new features such as GST reconciliation, digital payment requests, and e-invoicing.
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 navigate using Select from Drive option. |
| Multitasking | Requires multiple window screens for multitasking | Enables multitasking within a single window |
| E-Invoicing and E-way Bill | No built-in E-Invoicing or E-way bill functions | Built-in E-invoicing and E-way bill generation |
| Interface | Green interface | Blue interface |
| Data Status | Data status not available on screen | Data status migration/repair alerts on the screen |
Benefits of Using TallyPrime (Tally ERP 9)
- E-Invoice Generation: Because of the integration with IRP (invoice registration portal), TallyPrime software enables the uploading of e-invoice data and printing of IRN and QR codes without human intervention.
- Business Report Access: Authorized employees can access and share business reports like Balance Sheets, Stock Summary, Profit and Loss, etc. from web browsers.
- Books Decentralization: Users can decentralize critical data across branches and consolidate information at a single platform with the online bookkeeping module of TallyPrime software.
- E-Payments: With the E-Payment option, enterprises can conduct E-Fund transfers, issue electronic cheques and electronic DD/PO.
Tally Prime Download
Organizations can download the Tally Prime setup file from the download center and run it to install the software.
Tally Prime Pricing
TallyPrime software offers a free trial. However, the premium plan with advanced features starts at Rs. 750/month (silver rental plan)
TallyPrime Price range:
- Silver Rental: Rs 750/month (excluding GST)
- Silver: Rs.22,500 perpetual payment (excluding GST)
- Gold Rental: Rs.2250/user (excluding GST)
- Gold: Rs: 67,500 perpetual payment (excluding GST).
What is the Disadvantage of Tally Prime?
TallyPrime’s disadvantages include the absence of an integrated payroll system, which can pose challenges for organizations handling employee payroll. There is also a limitation in interacting with third-party programs, potentially causing data transmission challenges between TallyPrime and other software for enterprises.
