With TallyPrime, businesses can easily manage invoicing, accounting, inventory, banking, cash and credit management, taxation, payroll, cost management, and many other functions using a single software. It’s an all-in-one solution that simplifies complex processes and allows businesses to focus on growth. TallyPrime is designed to automate critical processes and increase efficiency, giving business owners better control over their operations.
TallyPrime Overview
TallyPrime is a comprehensive solution for managing various aspects of your business, including accounting, inventory, compliance, payroll, and other critical processes. It is an on-premise system that offers advanced features and tools to help you streamline your business operations and achieve your goals more efficiently. With TallyPrime, you can easily keep track of your finances, inventory, and compliance requirements and focus on growing your business without worrying about administrative tasks.
TallyPrime is a comprehensive business management solution that offers a wide range of features to help you manage your accounting, finance, compliance, inventory, sales, purchase, point-of-sales, manufacturing, job costing, payroll, and branch management tasks. It provides an accounting module that enables tasks such as entry management, reminder letters, and bank reconciliation and also offers a dashboard to track business ratios. Additionally, the sales module tracks orders, records receivables/payables and generates bills and invoices. TallyPrime’s MIS reporting module can help you manage your cash flow and make informed decisions regarding bank loans, credit limits, and capital investments. The inventory capabilities of TallyPrime can support manufacturers, distributors, and traders in stock accounting. Furthermore, the payroll management feature handles payslip generation, salary revision, and arrears calculation.
Key features of TallyPrime
| General Ledger | Journal Entries |
| Reporting & Analytics | Financial Statements |
| Accounting | Audit Trail Budgeting / Forecasting Collections Automation Financial Statements Invoice Customization Journal Entries Monitor Cash Positions Payment Processing Recognition Rules |
| Back Office | Allocation Asset Register Purchase Orders |
Recommendations and Ratings
The platform receives mostly positive reviews from several user review platforms. According to SoftwateAnalytic.com experts’ recommendations, TallyPrime achieved an overall 83%. Users at the G2 review rate the platform 4.4 out of 5, and SoftwareAdvice rates it at 4.4 out of 5.
