What is Tally Prime?
Tally Prime is a business management software developed by Tally Solutions, widely used in India for accounting, inventory, GST compliance, and payroll processing. Its payroll module is fully integrated with accounting, allowing businesses to automate salary calculations including basic pay, allowances, deductions, and bonuses, while managing employee records, attendance, leave, and overtime. It supports statutory compliance for Provident Fund (PF), Employee State Insurance (ESI), Professional Tax, Gratuity, and Income Tax, and generates related statutory forms, challans, and returns.
The software is available in two editions: Silver, a single-user edition for standalone PCs, and Gold, an unlimited multi-user edition for use on a local network. Tally Prime is sold as a one-time lifetime license or through monthly/annual rental subscriptions, targeted primarily at small and medium businesses in India needing combined accounting and payroll functionality.
Key Features of Tally Prime
Here are the powerful features that make Tally Prime stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits.
- Automated salary processing (basic pay, allowances, deductions, bonuses)
- Employee grouping by department, job function, location, or designation
- Salary structure definition at individual or group level
- Attendance and leave tracking (paid leave, unpaid absence, overtime, piece work)
- Statutory compliance for PF, ESI, Professional Tax, Gratuity, and Income Tax
- Generation of statutory forms, challans, and monthly/annual returns
- Payslip and payroll statement generation
- Loan tracking for employees
- Arrears computation for previous periods
- Integrated accounting, inventory, and GST compliance alongside payroll
Tally Prime Pricing
Here are the pricing plans for Tally Prime. Choose the plan that best fits your requirements and budget.
Silver (Single User) - Monthly
₹ ₹750/month
Single user, standalone PC, auto-renewing
Excludes 18% GST
Silver (Single User) - 12 Months
₹ ₹8,100/year
Single user, 10% discount (~₹675/month effective)
Excludes 18% GST
Silver (Single User) - Lifetime
₹ ₹22,500
One-time payment, single user
Excludes 18% GST; includes 1 year Tally Software Services
Gold (Multi User) - Monthly
₹ ₹2,250/month
Unlimited users on LAN, auto-renewing
Excludes 18% GST
Gold (Multi User) - 12 Months
₹ ₹24,300/year
Unlimited users on LAN, 10% discount (~₹2,025/month effective)
Excludes 18% GST
Gold (Multi User) - Lifetime
₹ ₹67,500
One-time payment, unlimited users on LAN
Excludes 18% GST; includes 1 year Tally Software Services
Tally Prime Specifications
Get a closer look at the technical specifications and system requirements for Tally Prime. Find out if it's compatible with your operating system and other software.
- on premises
- cloud based
- windows
- smes
- startups
- freelancers
- phone
- tickets
Tally Prime Videos
Alternatives of Tally Prime
AlternativesExplore alternative software options that can fulfill similar requirements as Tally Prime. Evaluate their features, pricing, and user feedback to find the perfect fit for your needs.
Simple, Canadian payroll software for small businesses that runs payroll in about 15 minutes
Cloud accounting software with invoicing, expense tracking, banking, and inventory for growing businesses
Tally Prime Comparisons
Compare Tally Prime with other similar options available. Explore the key differences to see why it's the top choice for businesses and individuals.
Overall Tally Prime Reviews
Here's our unbiased review of Tally Prime. Discover how our team of experts rates its features, ease of use, customer support, and other aspects that contribute to its overall appeal.