Why Tally is the Right Accounting Software for your Business

Why Tally is the Right Accounting Software for your Business
|Updated on: July 28, 2022

If you are looking for business software that will work seamlessly like Tally, then your search ends here. Tally, being a comprehensive business management software, helps you manage all business processes starting from accounting, inventory, banking to payroll management. With a fleet of flexible features, it's hard to find an alternative to Tally. Still wondering how Tally is better as compared to other accounting software? Here are some of the reasons why more than 2 million businesses rely on Tally: 

  • It's easy to learn and simple to use
  • It adapts to your business requirements
  • Quick implementation so that you can get started in minutes
  • Super-fast software that provides deep insight into your business

Still haven't experienced the power of TallyPrime? Go ahead and try it out. We are sure you'll stop looking for Tally alternative software. 

Generate e-Way bill Instantly Using TallyPrime

Business Reports in TallyPrime

Why opt for TallyPrime for your business?

Being comprehensive business management software, TallyPrime caters to the requirements of your growing business in many ways. Starting from invoicing, accounting, inventory, payroll, taxation, and much more, TallyPrime is your one-stop solution to all your business needs. 

The intuitive software simplifies your business processes by providing insightful reports that improve business decision-making. Here's how TallyPrime is a better alternative than any other accounting software: 

Invoicing and accounting: For any business, generating invoices is the key to ensuring seamless business function. With TallyPrime, you can start generating professional-looking invoices that suit your business needs within seconds. The software also offers a fleet of features like multi-currency support, flexible sales and purchase management, multi-billing format, seamless receivables, payables management, and much more to support your business requirement.  

Stock management: Managing inventory is one of the crucial aspects of any thriving business. With TallyPrime, businesses can now organize their inventory by defining them into unlimited batches and categories like product type, brand, color, and more. With a wide array of inventory reports like stock summary, aging analysis report, and item-wise profitability, it's easier to keep track of the stock movement and manage them efficiently. Additionally, TallyPrime allows you to manage multiple warehouses or godowns easily. 

In-depth Reports: Business reports are critical when managing your business efficiently. With TallyPrime's Reporting module, you get access to 400+ business reports that provide you a 360° insight into your business, which help in better analysis, providing crucial insights in one place. What's more? The powerful search bar 'Go To' feature simplifies the discoverability of all financial reports. You can navigate the search bar and look for any report you want to view by simply typing out the name, which will instantly appear on your screen. 

 ypes of GST invoices like tax invoice, bill of supply, generate e-way bills instantly.

Taxation and Compliance: Whether you file GST on your own or share it with your consultant, TallyPrime makes GST filling an easy task for you. The software comes with an intuitive correction and detection feature that ensures that you file GST correctly. Additionally, it allows you to export return data in multiple formats like JSON or excel files, generate consolidated e-way bills, and much more. 

Banking: With a host of intuitive features like auto bank reconciliation, predefined cheque printing formats, cheque management, e-payments, and more, TallyPrime makes banking an easy task for your business. The software ensures that you are updated with on-time product upgrades that support new banking formats, e-bank statements, and more. Additionally, it makes tracking and managing post-dated cheques an easy task. 

Enhanced Security Management: Data security is a crucial aspect of any business. TallyPrime allows you to create multiple security levels, define user-level rights, and much more, thereby keeping your data safe and secured. Additionally, you can create multiple users, assign security levels based on the role, assign passwords and deactivate the users. 

Payroll Management: Managing employee payroll is a crucial aspect of any business. With a fleet of predefined processes, managing employee payroll is a seamless task with TallyPrime. Smartly manage employee payroll with TallyPrime. Additionally, you can categorize employees based on job function, department, and more. TallyPrime also allows you to define salary structures at the Employee Group level, manage multiple attendance types, and generate statutory reports like PF, ESI, PT, gratuity, and income tax. 

FAQ's on TallyPrime 

Can I get a free demo of TallyPrime?

To help you experience the product, TallyPrime comes with a 7 day trial period. Try it out today. 

How many days does it take to implement TallyPrime?

With a quick download, install and license activation, you can get started with TallyPrime within minutes. 

How many users can use TallyPrime?

To suit your business requirements, TallyPrime comes with a multi-user license that allows you to have unlimited users on the same LAN environment. Additionally, TallyPrime also has a single-user license. 

What are the features of Tally software?

An intuitive software, TallyPrime helps you manage all business processes, starting from accounting, inventory, banking, payroll, and much more.

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TallyPrime

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