Zoho Books vs TallyPrime

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Our analysts compared Zoho Books vs TallyPrime based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Zoho Books is a cloud-based accounting software offering streamlined bookkeeping tools for small businesses and freelancers. Its core functionality revolves around managing expenses, invoices, payments, and payroll. Users can track income and outgoings, generate financial reports, and collaborate with their accountant. Zoho Books caters best to solopreneurs and small teams seeking an affordable, user-friendly accounting solution. Its intuitive interface and mobile app make it accessible for individuals with limited accounting expertise. Key benefits include automatic data entry, bank reconciliation, and inventory management. Popular features encompass purchase orders, recurring invoices, and project profitability tracking. User reviews within the accounting context praise its ease of use, affordability, and helpful customer support. Zoho Books offers tiered pricing based on the number of users and required features. Plans range from a free version with basic functionality to more comprehensive options for growing businesses, making it a scalable solution as accounting needs evolve.

Pros
  • Easy to use
  • Affordable pricing
  • Mobile app access
  • Good customer support
  • Solid basic features
Cons
  • Limited advanced features
  • Reporting customization
  • Inventory management depth
  • Integrations with third-party apps
  • Scalability for larger businesses
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TallyPrime is a business management software catering primarily to small and medium-sized businesses (SMBs) across various industries. It offers a comprehensive suite of features encompassing accounting, inventory, taxation, payroll, and compliance management. Prized for its user-friendly interface and robust data security, TallyPrime simplifies financial tracking, reporting, and inventory control. Popular features include multi-lingual support, remote access capabilities, and customizable dashboards for real-time business insights. Compared to similar products, users praise TallyPrime's affordability, strong customer support, and ease of implementation. However, some find its interface less modern and its reporting functionalities less flexible than competitors. Pricing typically falls within the mid-range for SMB accounting software, with options for one-time purchases or annual subscriptions based on the number of users and required modules.

Pros
  • User-friendly interface
  • Robust data security
  • Affordable pricing
  • Strong customer support
  • Easy implementation
Cons
  • Less modern interface
  • Limited reporting flexibility
  • Not ideal for large enterprises
  • Fewer integrations compared to competitors
  • Occasional performance issues
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$9 Monthly
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$8 Monthly
Get a free price quote
Tailored to your specific needs
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Windows
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Android
Chromebook
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Cloud
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Mobile
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Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
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Videos
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Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
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24/7 Live Support

Product Insights

  • Efficient Invoicing: Personalize and send invoices to patrons and receive payments in various currencies with the invoicing tool. Users may add their company logo and fonts to reflect their company values and even establish invoice reminders for clients. 
  • Accurate Estimates: Add contact information, item details and prices saved within the platform with the estimation tool. Users may also send estimates and receive approvals from customers in real time. 
  • Communicate with Clients: Enable patrons to sign estimates with the client portal apparatus digitally. Consumers may also make bulk payments in one click, paying users fasters.  
  • Upkeep Expenses: Keep track of expenses such as office supplies and monthly employee allowances with the expense module. Manage, organize, and charge consumers with expenditures as needed and even attach bills, receipts and credit notes to the related transactions. 
  • Maintain Bills: Initiate recurring bills for expenses and purchases at normal intervals through the billing apparatus. Users may also attach landed costs to statements so they can properly cipher the full value of items. 
  • Perform Bank Reconciliations: Obtain accurate cash flow estimates and balance mismatches, replicated payments and past reconciliations with the banking dashboard on the bank reconciliation module. Utilize various bank rules to pinpoint and sort transactions automatically. 
  • Monitor Projects: Control several projects by creating new ones, adding new duties to each project and allocating responsibilities to particular workers with the project management function. Users may also grant certain permissions and restrictions to employees, such as the timesheet appliance to log time or employ the timer. 
  • Oversee Inventory: Arrange inventory according to its valuable information such as stock-keeping unit (SKU), product image, vendor details, cost and available stock with the inventory module. The inventory tracking feature allows users to stay in the loop of their inventory levels constantly. 
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  • Streamlined operations: TallyPrime centralizes accounting, inventory, payroll, and compliance tasks within a single platform, eliminating data silos and manual redundancies. This consolidation leads to smoother workflows, improved accuracy, and a reduction in administrative overhead.
  • Enhanced financial visibility: The software generates real-time reports, dashboards, and financial statements, providing up-to-the-minute insights into business performance. This transparency empowers informed decision-making, proactive budgeting, and better financial control.
  • Optimized inventory management: TallyPrime tracks stock levels, monitors product movement, generates purchase orders, and automates stock reordering. This optimization ensures inventory accuracy, minimizes stockouts, and reduces carrying costs.
  • Simplified compliance: The software automates tax calculations, generates compliant reports, and streamlines tax filing processes. This helps businesses stay up-to-date with evolving tax regulations and mitigate compliance risks.
  • Enhanced decision-making: The data-driven insights provided by TallyPrime empower businesses to make informed decisions regarding resource allocation, pricing strategies, inventory optimization, and financial planning.
  • Improved productivity: Automation of recurring tasks, intuitive navigation, and multi-user capabilities boost staff productivity and free up time for more strategic initiatives.
  • Enhanced collaboration: Role-based access and multi-user capabilities foster seamless collaboration across departments, ensuring data integrity and streamlining communication.
  • Enhanced security: TallyPrime safeguards sensitive financial data with robust security measures, including data encryption, access controls, and audit trails. This protects against unauthorized access, data breaches, and financial irregularities.
  • Improved customer satisfaction: Accurate invoicing, timely payment processing, and streamlined customer support contribute to enhanced customer experiences and stronger business relationships.
  • Scalability: The software can accommodate business growth with ease, supporting multiple users, locations, and expanding operations without requiring system overhauls.
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  • Sales Order: Tailor sales orders with company logos, fonts and colors with the sales order idiosyncrasy. Users may transform approved estimates into sales orders and invoices in just a few clicks. Users may also pinpoint their best clients and merchandise with real-time reports from their transaction histories. 
  • Purchase Orders: Trace all items purchased and mutual prices set by vendors with the purchase order management appliance. Print, copy and share purchase orders through emails to work together with clients, partners, internal stakeholders and more to swiftly complete tasks. 
  • Online Payments: Pick the best payment portal —including Stripe, PayPal, Worldpay and more — to collect payments from customers promptly. Users may also enable recurring transactions to receive payments at weekly, monthly or yearly intervals automatically.  
  • Reporting: Evaluate total receivables, sales, top expenses and more KPIs with the reporting module's dashboard. Obtain reports like profit and loss, balance sheets, cash flow statements and more to dive into data and make wiser decisions. 
  • Automation: Deliver instant payment reminders, save client information for future automatic billing and recurring invoices and immediately send out transactions with Zoho Books' automation tools. 
  • Documents: Chronicle document details and shift them into invoices, expenses, bills, sales orders or purchase orders with the document management accessory. Users may match documents to bank feeds or previously-made transactions for proof of commerce for their archives.  
  • Mobile-Friendly: Deliver invoices, estimates and account statements to patrons and track miles traveled with the iOS app. The Android app enables users to take pictures of receipts and attach them to recorded expenses in addition to overseeing earned revenue and gathered fees. 
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  • Invoicing and Accounting: Create GST-compliant invoices, manage receivables and payables, track expenses, reconcile bank statements, generate financial reports, and manage multiple ledgers.
  • Inventory Management: Track stock levels, set reorder points, generate purchase orders, manage multiple warehouses, track batch and serial numbers, and handle multiple stock valuation methods.
  • Payroll: Calculate salaries, generate payslips, manage employee attendance, track leave balances, process statutory deductions, and comply with payroll regulations.
  • Taxation: Automate GST calculations, generate tax reports, file GST returns, manage e-way bills, and comply with other tax regulations.
  • Customizable Dashboards: Create personalized dashboards to visualize key business metrics, track performance trends, and gain real-time insights.
  • Remote Access: Access TallyPrime from anywhere with an internet connection, enabling remote work and collaboration.
  • Multi-lingual Support: Operate the software in various Indian languages, catering to diverse user preferences.
  • Data Security: Protect sensitive data with multi-level security measures, including encryption, password protection, and access controls.
  • Industry-Specific Features: Cater to the unique needs of specific industries, such as manufacturing, retail, distribution, and healthcare, with tailored features and reporting capabilities.
  • Customization Options: Tailor the software to specific business needs through user-defined fields, report formats, and workflows.
  • Integrations: Connect with external applications like bank feeds, payment gateways, and e-commerce platforms.
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Product Ranking

#7

among all
Accounting Software

#340

among all
Accounting Software

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Analyst Rating Summary

88
78
100
89
95
88
100
93
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Accounts Payable
Banking and Cash Management
Inventory Management
Platform Capabilities
Platform Security
General Ledger and Chart of Accounts
Inventory Management
Platform Security
Financial Statements and Revenue Management
Banking and Cash Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Zoho Books
TallyPrime
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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 100 95 100 90 90 75 82 100 85 80 60 100 92 92 96 89 88 93 69 98 100 58 100 77 60 72 82 60 70 62 0 25 50 75 100
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78%
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8%
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29%
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77%
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80%
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78%
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84%
11%
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42%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
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67%
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User Sentiment Summary

Great User Sentiment 546 reviews
we're gathering data
88%
of users recommend this product

Zoho Books has a 'great' User Satisfaction Rating of 88% when considering 546 user reviews from 4 recognized software review sites.

we're gathering data
5.0 (14)
n/a
4.6 (60)
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4.4 (412)
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4.1 (60)
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Awards

SelectHub research analysts have evaluated Zoho Books and concluded it earns best-in-class honors for Accounts Payable, Inventory Management and Platform Capabilities.

Accounts Payable Award
Inventory Management Award
Platform Capabilities Award

SelectHub research analysts have evaluated TallyPrime and concluded it earns best-in-class honors for Inventory Management.

Inventory Management Award

Synopsis of User Ratings and Reviews

Intuitive interface: Users consistently praise Zoho Books for its simple and easy-to-navigate interface, even for those without prior accounting experience.
Automation superpowers: Tasks like invoicing, payment reminders, bank reconciliation, and financial reporting become effortless with Zoho Books' automation features, saving users significant time and effort.
Seamless integrations: Zoho Books smoothly integrates with other Zoho apps, like CRM and Projects, as well as popular third-party tools, streamlining workflows and eliminating data silos.
Mobile accessibility: The user-friendly mobile app allows for on-the-go accounting, ensuring users can manage finances anytime, anywhere.
Value for money: Zoho Books is consistently praised for its affordable pricing plans, making it accessible to businesses of all sizes.
Customer service responsiveness: Users frequently highlight the prompt and helpful support provided by Zoho Books' customer service team.
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Simplified Accounting: Automates various accounting processes, from invoicing and GST compliance to bank reconciliation and financial reporting, saving time and minimizing errors.
Customizable Dashboards: Offers personalized dashboards with key performance indicators (KPIs) for a quick overview of business health, enabling informed decision-making.
Enhanced Inventory Management: Tracks stock levels, monitors movement, and generates reorder alerts to ensure optimal inventory control and prevent stockouts.
Secure Data Handling: Prioritizes data security with multi-level access controls, data encryption, and regular backups to protect sensitive financial information.
Scalability for Growth: Adapts to expanding business needs with modular licensing options, accommodating increased data volume and user count as the company grows.
Mobile Accessibility: Offers remote access through mobile apps for Android and iOS, enabling users to manage finances on the go and stay connected to business data.
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Transaction limits: Users express frustration with the capped number of monthly transactions (5,000 on the highest plan), potentially hindering high-volume businesses.
Inventory management constraints: While Zoho Books offers inventory tracking, it lacks advanced features like sales analytics and in-depth item breakdowns, making it less suitable for businesses with complex inventory needs.
Coding requirements for automation: Unlocking the full potential of automation features often requires knowledge of coding (Deluge script), posing a challenge for non-technical users.
Occasional reporting issues: Some users report occasional glitches or inconsistencies in financial reports, necessitating careful review and potential manual adjustments.
Multiple subscriptions for multiple businesses: Managing multiple businesses requires separate subscriptions, which can become cost-prohibitive for users with several entities.
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Learning Curve: Steeper learning curve compared to some alternatives due to unique voucher entry system and extensive features, requiring time and effort to master.
Limited Customization: Offers restricted customization options in certain areas, potentially limiting flexibility for businesses with unique workflows or reporting needs.
Integration Challenges: Integration with third-party applications can be complex and may require additional development or reliance on third-party add-ons, hindering seamless workflows.
Performance Issues: Some users report occasional performance slowdowns, especially when handling large data volumes or running multiple tasks simultaneously, potentially impacting productivity.
Customer Support: Mixed experiences with customer support, with some users finding it helpful and responsive while others report delays or limited expertise in resolving complex issues.
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Zoho Books lands a punch with its user-friendly interface and automation superpowers, even for accounting newbies. Invoicing, bank reconciliation, and reports become automatic allies, saving users precious time. Integration with the Zoho ecosystem and other popular tools keeps workflows in harmony. Plus, the mobile app lets you manage finances on the go, a big win for busy entrepreneurs. However, Zoho Books stumbles with transaction limits, potentially tripping up high-volume businesses. Inventory management feels like a lightweight sidekick compared to some competitors, lacking the muscle for complex needs. Unlocking automation's full potential requires coding know-how, leaving some users stranded. And while reports are generally reliable, occasional glitches necessitate a closer look. Managing multiple businesses under separate subscriptions can also add up cost-wise. So, how does Zoho Books stack up? Users often compare it to Quickbooks Online. Zoho shines with its intuitive interface and affordability, especially for solopreneurs and small teams. But Quickbooks packs a heavier punch in its inventory management and advanced reporting features, catering to larger businesses with complex needs. Zoho's seamless integrations and user-friendliness win hearts, while Quickbooks offers a more robust toolset for seasoned accountants. Ultimately, Zoho Books is a capable accounting sidekick for businesses starting their financial journey. Its ease of use, automation muscle, and affordable price tag make it a tempting choice. But for high-volume businesses or those with intricate inventory needs, other contenders might offer a more powerful punch.

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TallyPrime garners praise for its robust accounting features, user-friendly interface, and strong data security. Users appreciate its ability to automate tasks like invoicing and GST compliance, saving them time and minimizing errors. Additionally, customizable dashboards and mobile accessibility are lauded for providing real-time business insights and on-the-go management capabilities. However, some find its initial learning curve steeper than competitors like QuickBooks due to its unique voucher entry system. While its feature set is extensive, limited customization options might restrict flexibility for businesses with specific workflows. Integration with third-party applications can also be challenging, requiring additional effort or reliance on external solutions. TallyPrime's strengths lie in its comprehensive accounting functionalities, data security measures, and affordability compared to similar ERP systems. However, its steeper learning curve and limited customization options might deter beginners or businesses with unique needs. Users considering TallyPrime should weigh its strengths against its potential drawbacks and compare it to alternatives based on their specific requirements and technical expertise.

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