Tally ERP 9 to TallyPrime – Upgrade to better functioning!

Are you using Tally software or beginning to think of using it for your Business Accounting practices? Then this blog is just for you! Tally software has upgraded its features from Tally ERP9 to TallyPrime – a much more powerful business management software with advanced features and accounting, inventory, banking, taxation, and payroll with remote access capabilities. For beginners who are thinking to start using Tally software for their business, here’s a brief introduction to Tally software and how it’s efficient for your organization.

Tally accounting software provides a complete solution to all the problems that real businesses have to encounter. It is designed to simplify complexities and manage the day-to-day activities associated with an organization. It provides the best usability interface for inventory management, outsourcing payroll, stock management, invoicing, purchase order management, discounting, stock valuation methodology, etc. When using Tally, you can track every transaction detail and maintain an accurate classification of accounting details. You will be able to manage finances from any part of the world using its respective currency hassle-free. Thus, Tally software is flexible, affordable, reliable, secure, and easy to use.

One of the popular versions of Tally software is Tally ERP9, used by various business owners across the globe. Some of the critical features of Tally ERP9 are,

1. It is also called multi-lingual software as it supports multi-languages for users. All of your accounts can be maintained in one language and reports can be viewed in another language as per your
2. You can create and maintain accounts for up to 99,999
3. With the payroll feature, you can automate employee records
4. You can generate consolidated financial statements as per the needs of your

And many more!

With the recent update in the Tally ERP 9 software, the introduction of TallyPrime to the business world has created a huge impact on the user experience, adaptability aspects, and functioning. Let’s take a look at the difference in features between Tally ERP 9 and TallyPrime software to help you choose the best for your practices.

 

Tally ERP 9	TallyPíime
You can view reports with only menu based navigation option	You can navigate to any report from any screen using ‘Go to’’, which acts as a powerful tool to search and discover
Switching modes might be time-consuming	You can slice and dice your reports and look at them the way you want using the ‘Change Mode’ and ‘Basis of Value’ option
You can view the exceptional details for pre-defined reports available under the ‘Exception reports’ section	You can view reports in TallyPrime under the option of ‘Exception Reports’ which highlights the details that stand out
The Flow-based data entry system will enable you to run through every field to update occasional details related to Ledger/Stock Item, etc.	‘More Details’ in TallyPrime makes it easy to update the occasional details without disturbing your regular flow of data entry
You can Copy Paste using: Ctrl + Alt + C & Ctrl + Alt + V	You can Copy and Paste either using: Ctrl + Alt + C & Ctrl + Alt + V or using Ctrl + C & Ctrl + V
You can renew your license by Go to Gateway of Tally > F12: Configure > Licensing > Renew TSS	You can renew your license by Press F1 (Help) > Settings > License > Manage License
You need to open multiple instances of Tally ERP 9 to multi-task	You can multitask without opening multiple instances without losing or stuck in between any progress

 

With these specific features under tally ERP9 and TallyPrime, you get to choose which type of software would suffice with the right benefits as per your requirements and your company functions.

We all know that most businesses today want to leverage cloud accounting or computing space that facilitates access to data and applications on the go. With this in mind, TallyPrime software also indulges cloud accounting and can be accessed anywhere using client applications too.

Take a look at the benefits of TallyPrime on the cloud.

TallyPíime on Cloud – Benefits

1. Remote Access – You can enable remote access of TallyPrime 24/7, from anywhere with a computer or any device using
2. No Dependency – There’s no dependency on location, or time, or You can access or work on TallyPrime at any time.
3. Centíalize the Data – Centralize the data and your business operations without the need for
4. Tally peífoímance – The performance will be improved more than ’
5. Risk Management – Get rid of risks like computer crashes and system