TallyPrime

TallyPrime is the flagship business management product of Tally Solutions, a Bengaluru company that dates back to 1986. It runs on the desktop and covers double-entry accounting, invoicing, inventory with godowns, batches and bills of materials, payroll with statutory deductions, and more than 400 built-in reports. Its strongest area is Indian tax compliance. It generates e-invoices and e-way bills, files GSTR-1 and GSTR-3B returns, reconciles GSTR-2B data, and handles TDS and TCS. An Edit Log release keeps an audit trail that cannot be switched off, to meet the Ministry of Corporate Affairs (MCA) audit trail rule. Connected banking with Axis, SBI, Kotak and ICICI provides live balances, payments and statement reconciliation. A newer AI feature called Docs by Ira drafts vouchers from uploaded bills and bank statements. Pricing is unusual for the category. Every plan includes the full feature set, and the only split is Silver for a single user and Gold for multiple users on a LAN. Each can be rented monthly, quarterly or yearly, or bought once as a lifetime license. Prices exclude 18% GST, and Cloud Access is an extra charge. The software suits Indian traders, distributors, manufacturers and the chartered accountants who keep their books. Its main limitation is that it is a desktop-first product with few off-the-shelf integrations. Remote use needs the paid Cloud Access add-on, and deeper customization usually goes through a certified Tally partner.