1 TALLY

Pros
Increases your efficiency, revenue and productivity at the point of sale. Reduces the amount of time spent on processing salaries, manual and paper work

Cons
Persons trained or accustomed to the tally.ERP 9 software can only maintain and access accounting information. Lacks in project management, maintenance functionality and ecommerce integration

The Verdict:10

Ensures high-performance business management including remote access, audit & compliance services, integrated support centre and security management.



Tally.ERP 9 is a business accounting software developed by tally solutions private limited and is exclusively developed for satisfying requirements of Indian businesses mainly for retail businesses. It helps you to manage accounting, finance, inventory, sales, purchase, point of sales, job costing, production and payroll. The single dashboard allows you to view all the important business ratios.

The prescribed formats for taxation requirements of all the states in India are made available. Tally.ERP 9 also supports all the direct taxes such as TDS, TCS and FBT and indirect taxes such as VAT, CST, etc. The software is easily navigable and user friendly. It provides complete POS solutions including POS invoices, loyalty management, payment methods, bar code scanning and report generation.

Accounting and Enterprise Features

Tally.ERP 9 allows you to prepare invoices, purchase orders, sales orders, sales receipt, etc. and instantly print and email it to your customers and suppliers. You can record various accounting, sales, purchase and inventory transactions simply in single entry mode or double entry mode. You can store several payments and receipts in single accounting voucher (voucher here means all accounting transactions). You can easily make changes to your transactions in the voucher, and reconcile your bank accounts to synchronize your bank accounts and identify unclear transactions. You can handle statutory frame works and can see how tax payments, returns and compliance certificates are handled in quick manner. You can also restrict user permissions i.e. you can specify the permissions for selected functionalities in your branch offices.

Finance, statutory, stock summary, cash/bank summary, and profit and loss reports etc. are easily generated. You can manage your branch offices, ware house, head office, etc. at one place and securely share information between different locations of your business. You can track your project or task i.e. completion of job satisfying customer requirements and manage your budgets and costing details regarding your expenditures and charges applied to products or services for better decision making. You can export reports in different formats, like Excel, PDF, JPEG and HTML. Tally.ERP 9 supports multiple units of measures to increase the flexibility in sales as per customer requirements. You can improve your business to international standard through multi-currency feature, while foreign exchange gain & loss entries are posted automatically. You can also print bills and any other document in the customer’s language.

Inventory and Payroll

You can manage your inventory by recording all types of inventory transactions, goods receipt notes, delivery notes, stock journals, manufacturing journals and physical stock journals. Your inventory details get updated each time when sales and purchase activities are completed. You can also manage your returns and rejections easily. You can define your re-order levels of the products in inventory and manage any number of inventories. Tally.ERP 9 allows you to manage your employee details. You can also run your payroll with the details such as personal details, official details, attendance details, production details and overtime, etc. of employees. You can instantly generate payment advice to instruct the bank for salary payments and print and email the payslips to respective employees.

Remote Access and Additional Business Services

Tally.ERP 9 allows you to plan your back office operations and production based on real time demand without any manual intervention. You can check the status of payables and receivables, pending orders, stock status etc. on the go and your sales person can remotely record or edit the customer orders and their payments easily. Your chartered accountant and his/her article clerks can access your business data and provide tax computation, compliance and audit advices without having to visit your office. Tally.ERP9 offers several addons to satisfy your needs such as Juno addon is mobile application that offers anytime, anywhere access to your Tally.ERP 9 data, CEO/CFO addon offers you the display of complete business picture on one screen, and negative stock control addon etc.

Pricing

Tally.ERP 9 offers free trial version for 3 months from the date of activation. The silver version of Tally.ERP 9 costs about Rs. 18000 and includes single user. The Gold version costs about Rs. 54000 and includes multiple users. The payment is for single time. You can also have options of quarterly rental of Rs. 1800 and monthly rental of Rs. 600.

Merits

You can import data from other softwares by converting the information to specific XML format before feeding it to tally.ERP 9. Tally.Erp 9 increases your efficiency, revenue and productivity at the point of sale and reduces the amount of time spent on processing salaries, manual and paper work. You can automatically manage input taxes. Tally.ERP 9 It offers powerful remote capabilities that boost collaboration, ability to easily find qualified personnel, and offers low cost of ownership through quick implementation, tally Integrator, 24/7 support center. It improves your performance of team and increase the effectiveness of marketing campaign.

Demerits

The persons not trained or accustomed to the tally.ERP 9 software cannot easily maintain and access accounting information from tally.ERP 9, and entrepreneurs not having tally experience would also find it hard to access and understand accounting information or generated reports or data. It lacks in project management, maintenance functionality and ecommerce integration.

Summary

Tally.ERP 9 is powerful and feature rich software. It helps you to run your business smoothly and ensures blazing speed, power, scalability and reliability. It efficiently offers comprehensive business functionalities such as accounting, finance, inventory, sales, purchase, point of sales, payroll along with capabilities like statutory processes, excise etc. Tally.Erp 9 ensures high-performance business management including remote access, audit & compliance services, integrated support center and security management.

  • Remote accounting and financial management – Manages your ledgers, cash flow, payables & receivables, and assets, etc.

  • Human resource management – Provides administrative employee functions such as recruiting, benefits, payroll, etc.

  • Production management – Manages manufacturing processes such as bills of materials (BOM), manufacturing resource planning, scheduling of machines & labor, and etc.

  • Inventory management

  • Supply chain management

  • Remote access and data synchronization

  • Security and access control

  • Statutory compliance

  • Tally accounting Software, Indian accounting software review
  • Tally accounting Software, Indian accounting software review
  • Tally accounting Software, Indian accounting software review
  • Tally accounting Software, Indian accounting software review
  • Tally accounting Software, Indian accounting software review
  • Tally accounting Software, Indian accounting software review


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