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