TallyPrime - 2025 Pricing, Features, Reviews & Alternatives

Reviewers appreciate TallyPrime's Billing & Invoicing capabilities. They highlight the ease of creating invoices with customizable formats, auto-populating customer information, and integrating digital signatures. Users report that the system is user-friendly, quick, and reliable, with capabilities like GST compliance and multiple billing formats. They also mention the convenience of tracking received material bills and the ability to print invoices effortlessly. However, some users note a lack of desired customizability compared to other cloud-based applications. Of the 27 TallyPrime users who gave detailed accounts of their use of Billing & Invoicing, 96% rated this feature as important or highly important.

Reviewers indicate that TallyPrime's Financial Reporting is highly valuable. They appreciate the ability to generate various reports such as profit and loss statements, balance sheets, and cash flow statements. Users find the customizable and real-time reporting capabilities particularly helpful for making informed business decisions. They also mention the ease of accessing reports directly from the gateway and the flexibility of exporting them in multiple formats. Some users note the need for additional capabilities like year-end adjustments. Of the 26 TallyPrime users who gave detailed accounts of their use of Financial Reporting, 96% rated this feature as important or highly important.

Users report that TallyPrime's General Ledger is essential for tracking all financial transactions. They highlight the comprehensive and customizable reporting capabilities, including trial balance, balance sheet, and profit and loss statements. Reviewers find the layout professional and easy to understand, with real-time processing and categorization of accounts. They appreciate the convenience of maintaining single and double entry accounting entries and the ability to create, alter, and group ledger accounts as needed. Of the 26 TallyPrime users who gave detailed accounts of their use of General Ledger, 96% rated this feature as important or highly important.

Reviewers find TallyPrime's Inventory Management helpful for tracking daily sales, revenue, and stock positions. They appreciate capabilities like batches, categories, locations, and multiple stock valuation methods. Users report that the system is easy to use for creating, altering, and deleting inventories, and they value the automatic inventory adjustments upon invoicing. However, some users feel that the module is only average and lacks advanced integration capabilities. Overall, they find it useful for managing inventory and making informed decisions. Of the 19 TallyPrime users who gave detailed accounts of their use of Inventory Management, 89% rated this feature as important or highly important.

Reviewers highlight the efficiency of TallyPrime's Bank Reconciliation feature. They appreciate the auto reconciliation capability, which simplifies the process once bank statements are uploaded. Users report that the capability helps ensure accurate financial records by identifying and correcting discrepancies. They find the system user-friendly and easy to use for reconciling bank transactions, checking bank balances, and managing banking information. Some users note the reliance on traditional methods like cheques and DDs, despite the era of online transactions. Of the 20 TallyPrime users who gave detailed accounts of their use of Bank Reconciliation, 85% rated this feature as important or highly important.