Tally is one of the most popular accounting software packages in the world. It is being used equally by small, medium, and large-sized businesses across the globe. Interestingly, this accounting software is most widely used in India also.
However, there are a few other open-source alternatives to this accounting software. These open-source alternatives can carry out all the functions that traditional Tally software is capable of doing. So, below are the best Tally alternatives software.
Best Open Source Alternatives for Tally
Post Books – Perfect Tally Alternatives
Post Books is an open-source accounting and resource planning software used by medium and small-sized enterprises. It is entirely free software and released under the CPAL license. Post Books accounting software is available in English, but now it also supports many languages.
These languages are Spanish, Russian, Chinese, Turkish, Portuguese, and French, among others. In addition, post Books software is split into several modules: sales, Accounting, CRM, Manufacturing, Products, Inventory, and Purchase.
However, the modules are arranged interactively, depending on the clients’ requirements. Apart from this, this software also supports multi-currency and multilingual capability. That makes Post Books international software used for various business accounting purposes worldwide. – PostBooks – Tally Alternative
GNU Cash – Open Source Tally Alternatives
GNU Cash is small in size; however, it is relatively efficient in dealing with your accounts, particularly your enterprise’s financial matters. Additionally, it has been made available for different working methods similar to Linux, Solaris, BSD, Microsoft Windows, and Mac OS.
GNU Cash is simple and comes throughout as highly effective and versatile accounting software. It lets you monitor your bank accounts, bills, and income. Apart from this, it is possible to use it as a checkbook effectively.
This software program’s structure is primarily based on professional accounting principles, and it ensures the most correct and balanced record of your money-related issues.
Mutual fund accounts, double-entry accounts, reports, graphs, and transaction matching are a few of the highlights of this accounting software. GUN cash is an excellent alternative option for Tally software.
BS1 Accounting – Free Alternative for Tally
BS1 Accounting is an Open source of inventory software meant to help your small business enterprises. This software uses a few of the highlighted tasks: Accounts payable, Accounts receivable, Inventory, Sales, and General ledger.
The software is set up to suit your display screen’s size effectively. Being a user-friendly interface, it’s utilized by a lot of individuals. Moreover, the export and import of products become very straightforward with this software because of its multi-currency feature.
Also, it can monitor the receivables and payables of various currencies. This software can also watch the loss and gain rate in every transaction.
Turbo Cash – Inventory Control Software
Turbo Money is an entry-level inventory control software specifically designed for use by single customers. As a result, it’s most acceptable when utilized by comparatively small networks and distributed networks.
It is usually made appropriate with different working systems corresponding to Linux in Wine and Delphi developments in Windows. This software helps the developer’s script, making it stand forward on this listing.
Other than this, different specs embrace multi-language and multi-currency features. Additionally, local Plug-Ins included making the experience more worthy for the customers. It can conserve monitoring of creditors, stocks, and debtors associated with any particular business.
TAMS – Best Accounting Software
TAMS stands for Time Accounting Management Software. It is a unique accounting software built on PHP and PostgreSQL that offers an entirely new range of functionalities in its package deal. These embrace billing and accounting, in addition to monitoring packages.
The TAMS software is handy for small businesses corresponding to independent contractors. Also, the companies involved in consulting work will have the ability to monitor their time on any individual project.
It additionally allows them to generate payments accordingly. Therefore, this software is suitable for use in nearly every form of enterprise because it saves lots of time. It also prevents necessary tasks from slipping away from their deadlines and guides so that the finance doesn’t exceed the deliberate budget.
All this accounts for making an effectively-outlined work schedule and, therefore, will increase your workers’ productivity.
OBA – Online accounting software
OBA stands for Open Business Accounting. It’s a useful web-based accounting software best for all companies. It has been modified from SQL ledger to suit auditors, accountants, and other individuals who require finishing up large data entries as part of their daily job.
A few of these are sales summary, quick data entry, and a unique transaction number for each transaction happening inside this software. In addition, it can usually perform functions like accepting payments, delivering sales, and keeping track of your transactions in a simple to view and understand manner.
Turquaz Financial Accounting
The Turquaz financial accounting software is easy-to-use accounting software used by all small and medium-sized businesses. Double-entry financial software aims to perform target operations such as accounts payable, inventory management, accounts receivable, general ledger, advanced report, journal, and advanced analysis.
This software’s compatibility with multiple currencies and multiple languages are some features. This software is more valuable because it involves various functionalities while offering a user-friendly approach to the users. – Turquaz Financial Accounting