Tally Software

It's great! Easy implications. Affordable!

Pros

User friendly!
Easy to understand and make others understand!
Cost effective, most of the small and medium size firms can go for this software!
Password protected!
Provides varieties of reports and analysis!

Cons

Nothing as such but sometimes the validity of the transaction cannot be understood!

It has been good so far for the business

Pros

The ability to have multiple backups for different accounting periods

Cons

Its not cloud computing hence not attractive for digital minded people

Pros

It is always updated with today's ongoing laws and standard which is required to keep yourself updated and your accounts should also meet that standard which is in effect according to the constitution which is very important for any software to be effective, tally plays is very good with it. On and above of that its first preference for any CA and for its employees.

Cons

But the only problem is it is not user-friendly for new users and highly difficult for other people to get used to it if not trined. and it looks pretty old fashioned

Very good accounting software for the Indian market. We use this software for a long time to record our all accounting of our company. Very satisfied with the support and functionality of the software.

Pros

Very good inventory management and seamless support for new taxations. Updates are rolled out very quickly for new features.

Cons

The user interface is not very catchy and good looking.

Pros

Tally is the best accounting software used by alot of accounting companies around the world. It allows accountants to manage accounts of various firms or organisations.

Cons

A user must need training to work on this software. Also, there are regular updates in the software so user needs to be pro-active.

When we need to surrender tally from 1 computer to another computer we face some issue. I have done this as well but some time we face issue. I have installed tally ERP ,no have done backup it's very easy to use.

Pros

Tally this software is very user friendly and you can say very intuitive. They have single user & multiple user licesense. On multiuser lisence we can access tally on multiple devices , computers, laptops. Even they have remote facility so you can give remote. Tally support also very nice.we have single user means Silver license. We are happy to using this. Our accountant can easily maintain all purchase, sale, payment , receipt, invoice entries. It is very easy to take data backup also.

Cons

Actually software is good but when tally version we need to update they will charge for this. This charges for service support. And we need to update version manually. After all software is very good very light version.

Pros

To keep an account, this software is very good goods and account. i am also use this tally erp9.

Cons

Very good purchase, sale, payment, receive payments maintains.

Pros

Handle all type of account and tax related work more efficient performed in few minutes

Cons

It is difficult to grasp the accounting soon after insralling. It is not user friendly

Pros

We are using Tally for maintaining our accounts. The features are awesome and its very understandable. They have provided the shotcuts and keys to make our work easy. We can also create our tax files directly from it. We recommend tally to everyone for accounting solutions.

Cons

Personally we are happy with the product but we think that the price is quite high while purchasing it for the first time. They should reduce it so that everyone could take benefits of Tally erp 9.

Pros

The software is simple and i have just starting using but it doesn't feel complicated at all. It is simple to do billing for small business or big and the ease to install, store and operate makes it user friendly. It gives billing, tax computing and inventory management under one roof. One time feeding of data makes accounting so simple

Cons

The pricing could be bit more economical for small business or have a loyalty cutoff

It is a backbone of accounting and financial industry. This software provide in-depth analysis along with accounting.

Pros

Tally supports export to CSV, GST tax calculation. Readable data available for filling of GST returns. This provide multi-language support. It maintains inventory along with accounts. Automatic interest calculation for various accounts like receivable, payable, capital account. User security controls along with data safety features. It supports Audit features which are very useful. Presentation of data with bar charts. It not only provides profit and loss for the Financial year but it also provides various ratios for analysis of financial data.
This is available for students for learning purpose.

Cons

User cannot open multiple instances of ledger account at same time.
User cannot enter cost center wise opening balances which makes it difficult to depict data cost center wise.
GUI graphics color should be customized.

I have been using this software as a bookkeeper in handling inventory management, statutory compliance and financial accounting of the business. Following daily transactions has thus been easy since they can followed sequentially. the information is captured as transactions are being executed thus promoting the accountability and accuracy of information.

Pros

One of the things I like most with this software is its ability to adopt to the changing needs of a business needs today. It has the ability to adopt them with ease and and also ensures the business data is safe and secure. Through the help of partner support, Tally provides support for training and installation.

Cons

The software requires the user to have some accounting knowledge to effectively work with it. After the installation, the user can hardly grasp the accounting knowledge to facilitate the operations.

Pros

the easy manner in which one can do billing and maintain stock etc with a low storage on the system

Cons

the interface needs a bit of improvement

Pros

Very easy installation.Data can be backup/restore very easily.Very fast interaction.Various customization possible by TDL .

Cons

Not cloud based.Quotation is not available.Bank statement fetching is not available.No Mobile app available.

Pros

1. Very proffesional.
2. Multiple user.
3. Gst complaint.
4. e-way bill integration.
5.Hassle free accounting.

Cons

1. Little expensive for multiple user versions
2.Training required to handle the software hence lack of skilled labor available

Pros

Been using tally for the past 2 years or so and hardly had problems except for lag which isn't that often either. It's pretty easy to use once you get the hang of it

Cons

I don't know why but there seems to be a lag problem with many accounting softwares like this one. Tally crashes a few times and this one time all the previous entries were lost.

Pros

One the best accounting software in the market right now, it offer everything which a user can desire and it's totally worth it's price.

Cons

The software is not that easy to use initially, you have to adapt yourself totally if you are switching from one accounting software to tally.

Easiness of All kind of accounting that start from small business to large corporate users

Pros

Auto updation of profit loss and balance sheet.
Can switchover from any ledger to anywhere without any difficulty.
Easy to use.
Gst release made gst returns easy.
Inventory management is also nicely incorporated.
Cost management is also possible.
Easy bank reconciliation is possible.
Payment, receipt, contra, j.v all kind of entries and voucher are easy to use.
Stock j.v can be used easily.
All kinds of tax and statutory master can be used as per the requirement of user.
Widely accepted in India.
Best accounting software I have ever seen.

Cons

It is best for accounting but at the same time person who is not familiar with accounting can not use it easily. Somewhat basic knowledge of accounting is required to use this software.
Sometimes people who are commerce graduate for them also this software become difficult as there are many features so it may seems complicated at initial level.

Financial reporting

Pros

Simple to use , reporting is easy and you can easily use shortcuts written on the right side. Can easily use chart of accounts

Cons

Customisation for college etc is little difficult you have to call technical expert if you want to customise your reporting i.e if you want to see p&l for different companies in same report

Pros

Tally is very easy and user friendly to use compared to other accounting software is and data traceability is also good

Cons

Multi user a bit costly amd apart from that I don't find anything which is not good in Tally it's a good accounting software