Often abbreviated as TALLY : Transactions Allowed in a Linear Line Yard, 

This is the most popular accounting software in India. 

About Tallysolution pvt ltd:

1. Tally Solutions Pvt. Ltd. is an Indian multinational technology company

2. that provides enterprise resource planning software for small and medium scale companies

3. It is headquartered in Bangalore, Karnataka

4. The company reports that its software is used by more than 7 million customers

5. Tally Solutions was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka

6. It began as Peutronics Financial Accountant, an accounting software application

What is Tally Prime?

As a business management software, TallyPrime makes it easy for a company to manage their accounting, banking, taxation, inventory, and other business needs. TallyPrime is ideal for all businesses, whether a small or mid-sized business or a large enterprise. While understanding how to use tally can increase a company’s efficiency, learning tally shortcut keys can enhance speed and improve productivity at the workplace.

Who are the typical users of TallyPrime?

The typical users of TallyPrime are Accountants, Chartered Accountants (CA), and Business Owners. It is ideal for small and large businesses and makes everyday work simple for all Tally users

Why Tally Prime?

Tally is the most reputed and oldest accounting software. It has been serving businesses throughout India and globally since more than 3 decades. It has served about 2 million businesses worldwide.

Tally Prime is a software that does not require a person to be well versed with the software and can be used by any person. It has been designed in such a way, that it can be used by an accountant as well as a Business owner. Tally Prime has a unique ‘Go To’ navigation bar that allows you to access 90% of the software.

Other than accessibility, Tally Prime promises some very detailed reports at a blazing speed. These reports are detailed it provides you with Receivables and payables reports, ratio analysis and many other reports. Decision making has never been so easy.

Tally Prime is also Statutory Compliant which means all statutory related changes are supported in Tally. GST, E-way Bills, and all other newly introduced requirements are complied in Tally to support your business in a multifaceted approach.

Top 10 Tally Prime Features

1. Search Bar
   The ‘Go To’ search bar is made available at the top of Tally Prime screen. You can easily access any part of Tally by typing in the search bar. You can access 90% of the options with it. Thus, it makes Tally more suitable for Business owners.

2. Easy Usage

   • When the password for two different companies is the same, Tally allows you to enter the other company without having to enter the password again.

   • Tally Prime allows you to create a new state while filling the details of an entry.

   • To smoothly navigate through Tally, you had to know some important shortcuts, but now those are not needed. For example, ALT + C is used to create a new ledger. But since this option is readily available on the screen, one doesn’t need to know the shortcut.

3. Optimize Invoice
   Optimize your invoice and remove all unwanted space - an excellent feature for retailers, distributors and any other business that creates one invoice for multiple items.

4. Chart Of Accounts
   Access all masters, including ledgers, voucher types, cost centres, etc. from the ‘Chart of Accounts’ option.

5. Mark Details As Permanent
   Some fields in Tally need to be used every time an entry is made while many others are rarely used. Keeping this in mind, Tally Prime allows setting a few fields as ‘Permanent’ so that you do not have to go through irrelevant fields unnecessarily. Thus saves your time.

6. ‘Change Mode’
   In any voucher, the Change Mode gives you 3 options namely - ‘Item Invoice’, ‘Accounting invoice’ and ‘As invoice’. Thus you can easily navigate through them.

7. Admin Rights
   Admin has the right to stop a user session. This option is made available in the Browser access. Admin can disconnect a user session even in the case of remote access.

8. F1 Help
   The F1 Help section now provides you with a lot of information including Tally product information, Tally license information, information about the Tally data, Tally connectivity information and computer system-related information. This makes Tally support an easier process.

9. Simplified Installation Process
   If you want to update or create a new folder, Tally will automatically check and try to detect an old file and update it. Thus you will not need to enter the configuration, define the path, TDLs, etc.

10. Clutter-Free Screen Space
    You can easily access the error messages and other details from the Help Menu. Earlier this was available at the bottom of Tally screen. Thus now you get a more clutter-free screen.

What is the price of Tally Prime?

Tally Prime is the latest and biggest upgrade in the history of Tally. The look as well as the usage experience has completely changed as compared to Tally.ERP 9. After a very long wait Tally Solutions has finally released Tally Prime on 9th November 2020.

Tally Prime is easier to use and looks amazing in its new Blue and yellow avatar. It is almost like a completely new software. The best part about Tally Prime is that it is completely free for all Tally users.

Yes, that’s right Tally Prime is available free of cost to all Tally users with an active license and a valid TSS (Tally Software Service). Tally Solutions has made Tally Prime available to all its customers in the form of an update.

If you’re a Tally user, you can check for recent updates in your ‘available updates’ section. You can contact your service provider to update your Tally or TSS , if it has expired. Renew TSS now.

If you’re a new user, you can purchase Tally Prime at the price of Tally.ERP 9 i.e. at TallyPrime Silver License 18000 INR and TallyPrime Gold license 54000 INR (exclusive of taxes). The price of Tally Prime is same as the previous versions.

New users can also get a trial version of the software by downloading the .exe file

TO DOWNLOAD TALLY PRIME SOFTWARE:

1. Open Google chrome

2. Type this URL https://tallysolutions.com/download ==> Press enter key

3. Click Download Button.

NOTE: Open Download Folder ==> Name of the file is setup.exe (42.1MB File size)

HARDWARE REQUIREMENT FOR INSTALLING TALLYPRIME SOFTWARE: 

1. Processor: 1.8 GHz 64-bit (x64) architecture processor, 

Examples: Core2 Duo, Dual Core, Core i3, Core i5, Core i7 equivalent, or above

2. RAM: 4 GB or more 

3. Hard disk: 150 MB free space to install the application 

4. Monitor Resolution: 1366 × 768 

5. Operating system: 64-bit editions of Microsoft Windows 7, Windows Server 2008 R2, or above, including Windows 11 

Versions of Tally:

Tally 4.5

Tally 5.4

Tally 6.3

Tally 7.2  ===> Popular for VAT (Value Added Tax)

Tally 8.1 ====> Multi Language Feature was introduced.

Tally9 =========> Payroll Feature was introduced.

Tally.ERP9

Series A 1.0 | Series A 2.0 | Series A 3.0 | Series A 4.0 | Series A 5.0

Series A 6.0 ===> GST was introduced in tally software.

Tally.ERP9 Series A 6.6.3 last version in the "Tally.erp9 series"

TallyPrime ==> 1.0 | 2.0 | 2.1 (This is the new version )

1. In 2006, Tally launched Tally 8.1, a concurrent multi-lingual version, and also Tally 9.

2. In 2009, the company released Tally.ERP9, a business management solution

3. In 2015, the company launched a program called Vriddhi to certify and classify its business partners. Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features.

4. In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software.

5. In 2020, the company released TallyPrime.

6. In 2020, TallyPrime offers connected e-invoicing solutions to generate e-invoice within their software automatically.

7. In 2022, they introduced TallyPrime Edit Log

Does TallyPrime offer an API?

Yes, it does. TallyPrime offers three APIs, namely:

Open Database Connectivity (ODBC):  Ideal for accessing data (from any application), regardless of the database management system.

Extensible Markup Language (XML): Well-suited for exchanging information with external systems.

Dynamic Link Library (DLL): It also supports Tally Definition Language (TDL) and is suitable for making complex, code-level changes.