Comparing Tally Prime and Tally ERP 9: Features & Differences

The majority of students get perplexed when hearing about these two names. Tally ERP 9 and Tally Prime. The questions arise in their minds regarding which of these two is preferable. Do they need the older version? Moreover, which one needs to be studied for professional purposes?

All these questions are quite natural to ask since when a person decides to make their career, selecting the appropriate skill becomes highly significant.

Fortunately, the answer lies in simplicity itself. Both ERP versions are from the same lineage. However, Tally Prime is a new and enhanced version.

Once a student comprehends the difference between these two, they can make the right decision for themselves.

What is Tally ERP 9?

Tally ERP 9 is a software that does accounting tasks. It has been around in India for many years now. Even now, several firms are using it.

It can be used for:

• Recording day-to-day transactions
• Creating invoices
• GST management
• Expense tracking
• Financial reporting

It gained popularity due to its simplicity and usefulness.

A lot of accountants began their careers on Tally ERP 9.

What is Tally Prime?

Tally Prime is the newest version of Tally software. It is an advanced version of Tally ERP 9.

It includes all the functions of the old version. However, it is more efficient, more convenient, and more straightforward.

It has been designed to avoid confusion and save time.

New businesses prefer using Tally Prime nowadays.

Why Was Tally Prime Introduced?

Many Tally ERP 9 users encountered minor difficulties.

They felt:

• The interface looked complicated.
• Navigation was hard
• Several reports were hard to access

Tally Prime came up to address those concerns.

It provides a better user experience. It makes work smoother.

Main Differences Between Tally ERP 9 and Tally Prime

Let us understand the difference between the two.

 

1. Usability

Tally ERP 9 is useful but complicated for novices.

Tally Prime is easy to use and understand.

Any new user can comprehend it easily.

Menus are clear. Procedures are simple.

This enables students to learn quickly.

 

2. Navigation

Sometimes, users find navigation difficult in Tally ERP 9.

Navigation in Tally Prime is easy and convenient.

Users can navigate seamlessly from one screen to another.

This helps save time.

 

3. Reporting

Although Tally ERP 9 generates reports, they are not always easy to understand.

Tally Prime generates clear and organised reports.

Students can understand profits, losses, and expenditures without difficulty.

 

4. Data Entry

Data entry involves many procedures in Tally ERP 9.

Tally Prime minimises the procedures.

This ensures faster results.

 

5. Interface

The interface of Tally ERP 9 looks old-fashioned.

The interface of Tally Prime looks new and attractive.

An uncluttered screen helps reduce confusion.

 

6. Multi-tasking

Multi-tasking features are somewhat restrictive in Tally ERP 9.

However, Tally Prime offers improved multi-tasking features.

Users can perform multiple tasks without switching windows.

 

7. Assistance and Guidance

Assistance provided by Tally ERP 9 on-screen is minimal.

On-screen guidance is available in Tally Prime.

This helps novices learn effectively.

Which One Should a Student Learn?

Why? It is simply put.

A student must be trained in Tally Prime.

It is the future, easy and used by all modern businesses.

Yet knowledge about Tally ERP 9 is not bad.

Many firms employ it in their business.

Therefore, a good tally prime course will train in both.

This will make one eligible for any kind of employment.

Why Tally Skills Are Important for Jobs

Why? Because every firm requires accounts.

Whether big or small, whether a company or a shop, everybody needs.

These requirements include:

• Sales recording
• Expense recording
• GST record
• Profit making

For all of which Tally is a handy tool.

That is why employers prefer candidates who know Tally.

What Students Learn in a Tally Course

Tally training provides complete knowledge. It is not just about software. It creates skills.

Here is what students learn.

 

Basic Concepts of Accounting

Students get the basics. They know:

• Debit and Credit
• Ledger
• Journal
• Trial Balance

No more confusion.

Setting up a Company

Students learn how to set up a company in Tally. 

They add their business information.

Ledger Creation

Students learn how to create various accounts. These are:

• Sales
• Purchases
• Expenses
• Incomes

Creating Vouchers

Students practice voucher entry. They learn:

 

• Sales voucher entry
• Purchase voucher entry
• Payment voucher entry
• Receipt voucher entry

This is practical office work.

GST Training

Students learn GST in Tally. They learn:

 

• GST setup
• GST calculations
• Invoice preparation
• GST reporting

 

Inventory Management

Students learn inventory management. They record goods.

Payroll

Students learn payroll accounting. They record employees' salaries.

Bank Reconciliation

Students learn how to reconcile bank statements.

Preparation of Financial Statements

Students learn how to create:

• Profit and Loss Account
• Balance sheet

Practical Training

Students learn practical problem-solving. They use real-life scenarios.

This builds confidence.

 

How Tally Training Helps in Real Life

Most students fear employment.

They think that they lack sufficient expertise.

Tally training will make things easier.

Students learn:

• Technical knowledge
• Self-assurance
• Professional competence

They can perform clerical duties.

Employers like these students.

Emotional Truth About Learning Tally

Students mostly hail from humble backgrounds.

Their parents struggle. They set high aspirations.

They dream of success for their offspring.

A skill set such as Tally can turn dreams into reality.

It enables students to generate income.

It commands respect.

It instils confidence.

Upon joining employment, the family feels proud.

It is not merely about studying a subject. It is about transforming one's future.

Why Join GTIA for a Tally Course

Selecting the right institution plays a critical role. At George Telegraph Institute of Accounts (GTIA), we offer training sessions in a classroom setting under expert guidance.

Our tutors provide comprehensive instructions. They explain everything sequentially.

Students get regular practical experience. They deal with real-life situations.

The tally prime course comprises:

• Introduction to Accounting
• Tally ERP 9
• Tally Prime
• GST
• Inventory
• Payroll
• Report Preparation

Students get individualised attention.

All doubts are clarified. 

They learn in a systematic atmosphere.

Students grow confident.

They become ready for real jobs.

Conclusion

Both Tally ERP 9 and Tally Prime are significant software programs. However, the future is for Tally Prime.

The software is easy to use. The software is quick. The software is popularly used.

The study of Tally can be learned easily. All it requires is the right guidance.

When a student learns Tally, he/she acquires a valuable skill.

With this skill, one gets employment chances. One earns money. One earns a reputation.

Do not remain confused. Make the right move now.

Enrol in the Tally Prime course at GTIA and secure your promising future ahead.

FAQs

Q1. Is Tally Prime superior to Tally ERP 9?

Yes. It is more efficient and user-friendly.

Q2. Can beginners learn Tally with ease?

Yes. Beginners can master Tally with appropriate guidance.

Q3. Is Tally relevant to careers?

Yes. Many firms need Tally skills.

Q4. Do companies use Tally ERP 9?

Yes. Some companies use Tally ERP 9.

Q5. Should learners learn both types of Tally?

Yes. Both will improve job prospects.

Q6. Is GST covered in Tally lessons?

Yes. GST is part of the Tally curriculum.

Q7. How soon can one learn Tally?

Basics of Tally can be learned within three months only.

Q8. Is classroom teaching essential for Tally?

Yes. Classroom teaching aids learning.