Most companies use Tally to fulfill their accounting needs. However, small companies and start-ups cannot afford to have highly experienced and dedicated employees for accounting alone. So, to fill in, many companies are looking for tally alternatives.
Why are businesses looking for alternatives to tally accounting software?
Typically, Tally uses bookkeeping methods that do not cater to small business owners’ requirements. Also, the annual subscription of Tally is very high making it unsuitable for small businesses. Thus, with Tally alternatives you can save unnecessary costs on their services.
In this post, we share the top 10 tally alternatives that you can consider using for your business.
Top 10 Tally Alternatives
Zoho Books
Simple and easy-to-use, Zoho Books is a great accounting app that tracks the money you spend and receive in your business. This app helps you stay up-to-date on your business finance and make better decisions.
Jisort System
This web-based accounting system uses the latest technology to serve finance companies. With over 150 reports, Jisort System is a highly scalable app that ensures proper financial records and bookkeeping.
myBooks Online Accounting Software
Yet another simple accounting solution, myBooks is the right tool for small and medium businesses at a reasonable cost. Built by Zetran, myBooks includes an easy signup process making accounting a smooth process for small business owners.
Intuit QuickBooks
America’s leading financial software for small businesses, Intuit QuickBooks makes your business more profitable.
Xebra
This powerful unified financial suite gives an instant, accurate and comprehensive view of your business performance. Xebra helps you unlock growth opportunities at every stage of your business journey.
Invoice Tracker by eBillity
This is a software as a service that enables you to input your customers, products, and services. Using this software you can create billable items by time or unit and even create pdf invoices based on tracked products or services.
LiveFlow
LiveFlow is a fully automated spreadsheet that connects real-time data from your Google Sheets, banks, accounts, and revenue platforms to fully flexible and customizable dashboards.
FreshBooks
This has streamlined client invoicing and the process of time tracking. FreshBooks comes with robust features that help in optimizing the sales cycle and expenses of your organization. Put simply, FreshBooks helps manage finances and improves the quality of work.
Vyapar
Vyapar is one of the best tally solutions for small businesses. It is easy to use and comes with a set of most needed features. It helps create quotes and invoices in a hassle-free manner.
Invoice Simple
This is a simple solution that can be used on Windows. It allows you to add on the fly items, customer lists, item lists, and easy-to-understand invoices reports. Simple Invoice and Estimates supports unlimited companies and is a great tool for everyday businesses.
FAQs
1. Why should I consider using a Tally alternative for my business?
Tally alternatives provide more flexible pricing plans, cloud-based accessibility, better integration with other business tools, and a user-friendly interface. Depending on your business requirements, you may find one of these alternatives more suitable than Tally.
2. Are Tally alternatives suitable for small businesses and startups?
Yes, many Tally alternatives such as QuickBooks, Zoho Books, and FreshBooks offer plans specifically designed for small businesses and startups. They provide essential accounting features at an affordable price, making them an ideal choice for growing businesses.
3. Can Tally alternatives handle inventory management and GST compliance?
Most Tally alternatives come with inventory management and GST compliance features, ensuring that your business stays up to date with the latest tax regulations. Platforms like Xero and Zoho Books have built-in tools to help you manage your inventory and file GST returns easily.
4. How do I choose the best Tally alternative for my business?
To select the best Tally alternative, consider factors like pricing, features, ease of use, scalability, and customer support. Research different platforms, read reviews, and take advantage of free trials to make an informed decision based on your specific business needs.
Conclusion
To conclude, tally alternatives help reduce costs and yet get your finances on track. We recommend, you do your research and select one that best suits your business requirements. Let us know in the comment section which tally alternatives you choose to drive operational efficiency at your workplace.
