Accounting (Credit /Debit) Software needed

mithun · 6th July 2009, 09:14

Which is better : Peachtree/Quicken ?

GTO · 6th July 2009, 12:18

Quote:

Originally Posted by Ketan

ah! Microsoft decided to discontinue Money!!

As a big fan and long-time user of MS Money, I'm dissapointed. I hope it doesn't affect us existing users in a big way.

Quote:

Which is better : Peachtree/Quicken ?

Don't have first hand experience with either. Based on hearsay : Quicken.

tsk1979 · 6th July 2009, 12:41

Have any of you tried out gnucash? I have heard that its good.

NetfreakBombay · 6th July 2009, 13:46

Have tried it quite a few times. It has improved a lot.

But is still has a lot of catch-up to do.

For example, Lets say you have a Credit card bill due and amount is 11560. You sync saving account and that has a debit of 11560 with caption is (XYZ Bank Card).

Ganucash will not link these two transaction automatically. Both Money and Quicken will link them based on match (heuristically).

Similarly it does not have a what-if planner to see if it makes sense to pre-pay loans (That would require combining Current rates, Taxes, various fees and between rates). And which loan should be paid out first.

Gnucash is okay as dumb accounting software for individuals. Now it supports import from Money files and direct sync with banks (not in India though).

But it does not have financial planning features.

tsk13 · 29th May 2010, 10:36

Dear BHPians

I wish to implement Accounting and Inventory Management Software in our Business. I came across softwares such as Tally and Busy, the former being most popular. We're a SME with multi-location facilities in the Manufacturing sector. Keeping this in minds I've few queries which I believe BHPians will be best able to solve considering the fact that we've people from different walks of life working in different sectors. The queries are:

1. Which software will be better: Tally / Busy / Others ?

2. From where can I learn softwares such as Tally/ Busy?

Guys, I look forward to your help and support as I'm totally new such softwares.

Thanks
Warm Regards

Tanveer Singh

Mods: I searched for relevant threads but couldn't find any.

mithun · 29th May 2010, 22:30

If you want to study(self-study) Tally ERP, buy some books or search online.

OR join Tally Academy: Tally ERP, Tally Training, Tally Tutorials, Tally Education, Tally Courses, Tally Certification, Tally Software, Tally Solutions, Tally Services, Tally Forums, Tally Jobs,

Nikhilb2008 · 29th May 2010, 23:36

Tally is really nice. The newer version allows the owner to check all accounts and everything from different locations online. We use Tally in our business and it is really helpful.

Learning it on your own could be really difficult. I would suggest you go to a proper course.

dadu · 30th May 2010, 11:27

Tally is very good for SME segment, I believe they have a Tally academy also to teach people on their Software. I remember it has a very good and simple cheque printing option.

mobike008 · 30th May 2010, 12:59

In India, nothing beats Tally ( I like Focus and Wings too but, no patch on Tally in terms of exhaustiveness and UI ease of usage) accounting software.

I am not saying this because I started my career by selling Tally Accounting Software for more than a year.

But, it really is a good product!

tsk13 · 31st May 2010, 00:39

Quote:

Originally Posted by mithun

If you want to study(self-study) Tally ERP, buy some books or search online.

OR join Tally Academy: Tally ERP, Tally Training, Tally Tutorials, Tally Education, Tally Courses, Tally Certification, Tally Software, Tally Solutions, Tally Services, Tally Forums, Tally Jobs,

Thanks a lot Mithun.

Quote:

Originally Posted by Nikhilb2008

Tally is really nice. The newer version allows the owner to check all accounts and everything from different locations online. We use Tally in our business and it is really helpful.

Learning it on your own could be really difficult. I would suggest you go to a proper course.

Thanks a lot Nikhil. I'm thinking of going for a proper course.

Quote:

Originally Posted by dadu

Tally is very good for SME segment, I believe they have a Tally academy also to teach people on their Software. I remember it has a very good and simple cheque printing option.

Dadu, thanks a lot. They do have Tally Academies and I'll be going to the nearest one soon.

Quote:

Originally Posted by mobike008

In India, nothing beats Tally ( I like Focus and Wings too but, no patch on Tally in terms of exhaustiveness and UI ease of usage) accounting software.

I am not saying this because I started my career by selling Tally Accounting Software for more than a year.

But, it really is a good product!

That's a nice feedback, I'm thinking of Tally only.

To All: I've seen simple looking Bills being printed in stores using Tally. Can we have a better looking bill template on which Tally can print?

ampere · 31st May 2010, 07:02

I use gnucash on a regular basis. Not much of highend stuff, but helps you keep all your things in perspective, track your monthly expenditure etc.

The idea to keep one's granularity/quantum check in correct state. By that what I mean is, one can enter each and every transaction, but more important thing is, where is the bigger quantum going? Is there a big spending pattern etc etc.

There is a windows version also available.

aargee · 31st May 2010, 07:42

I use Quicken, however I'm unable to use its online features since they've not designed the software for India. Can Tally help me accomplish all the features of Quicken & help me with online features too? Also, how difficult or easy is Tally for home usage? Can someone help me understand pls? Tks.

tsk13 · 1st June 2010, 00:04

Thanks Ampere. Since we need a full fledged software for managing all the affairs we're looking at Tally.

mithun · 5th June 2010, 13:43

Quote:

Originally Posted by aargee

I use Quicken, however I'm unable to use its online features since they've not designed the software for India. Can Tally help me accomplish all the features of Quicken & help me with online features too? Also, how difficult or easy is Tally for home usage? Can someone help me understand pls? Tks.

Infact Quicken is better than Tally(feature-wise), but Tally is made for Indians, By Indians !

quadra · 22nd July 2010, 16:49

The word is personal finance / money manager and here are few of the big players

1. Mint: http://www.mint.com/2/
2. Yodlee: https://moneycenter.yodlee.com/money...moneycenter.do

Best part is that they are free softwares

6th July 2009, 09:14	#46
mithun BANNED Join Date: Jan 2006 Location: Cochin Posts: 2,195 Thanked: 268 Times	Which is better : Peachtree/Quicken ?
	() Thanks

6th July 2009, 12:41	#48
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,825 Times View My Garage	Have any of you tried out gnucash? I have heard that its good.
	() Thanks

6th July 2009, 13:46	#49
NetfreakBombay Senior - BHPian Join Date: Jan 2008 Location: Bombay Posts: 1,466 Thanked: 1,021 Times	Have tried it quite a few times. It has improved a lot. But is still has a lot of catch-up to do. For example, Lets say you have a Credit card bill due and amount is 11560. You sync saving account and that has a debit of 11560 with caption is (XYZ Bank Card). Ganucash will not link these two transaction automatically. Both Money and Quicken will link them based on match (heuristically). Similarly it does not have a what-if planner to see if it makes sense to pre-pay loans (That would require combining Current rates, Taxes, various fees and between rates). And which loan should be paid out first. Gnucash is okay as dumb accounting software for individuals. Now it supports import from Money files and direct sync with banks (not in India though). But it does not have financial planning features.
	() Thanks

29th May 2010, 10:36	#50
tsk13 Senior - BHPian Join Date: Jan 2009 Location: New Delhi Posts: 1,256 Thanked: 361 Times	Help! I want to learn Tally Dear BHPians I wish to implement Accounting and Inventory Management Software in our Business. I came across softwares such as Tally and Busy, the former being most popular. We're a SME with multi-location facilities in the Manufacturing sector. Keeping this in minds I've few queries which I believe BHPians will be best able to solve considering the fact that we've people from different walks of life working in different sectors. The queries are: 1. Which software will be better: Tally / Busy / Others ? 2. From where can I learn softwares such as Tally/ Busy? Guys, I look forward to your help and support as I'm totally new such softwares. Thanks Warm Regards Tanveer Singh Mods: I searched for relevant threads but couldn't find any.
	() Thanks

29th May 2010, 22:30	#51
mithun BANNED Join Date: Jan 2006 Location: Cochin Posts: 2,195 Thanked: 268 Times	If you want to study(self-study) Tally ERP, buy some books or search online. OR join Tally Academy: Tally ERP, Tally Training, Tally Tutorials, Tally Education, Tally Courses, Tally Certification, Tally Software, Tally Solutions, Tally Services, Tally Forums, Tally Jobs,
	() Thanks

29th May 2010, 23:36	#52
Nikhilb2008 Distinguished - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 5,196 Thanked: 10,138 Times	Tally is really nice. The newer version allows the owner to check all accounts and everything from different locations online. We use Tally in our business and it is really helpful. Learning it on your own could be really difficult. I would suggest you go to a proper course.
	() Thanks

30th May 2010, 11:27	#53
dadu Senior - BHPian Join Date: May 2007 Location: Bangalore Posts: 3,803 Thanked: 462 Times View My Garage	Tally is very good for SME segment, I believe they have a Tally academy also to teach people on their Software. I remember it has a very good and simple cheque printing option.
	() Thanks

30th May 2010, 12:59	#54
mobike008 Distinguished - BHPian Join Date: Sep 2006 Location: Seattle, WA Posts: 11,705 Thanked: 14,864 Times View My Garage	In India, nothing beats Tally ( I like Focus and Wings too but, no patch on Tally in terms of exhaustiveness and UI ease of usage) accounting software. I am not saying this because I started my career by selling Tally Accounting Software for more than a year. But, it really is a good product!
	() Thanks

31st May 2010, 07:02	#56
ampere Team-BHP Support Join Date: Sep 2009 Location: Bangalore Posts: 17,952 Thanked: 12,944 Times View My Garage	I use gnucash on a regular basis. Not much of highend stuff, but helps you keep all your things in perspective, track your monthly expenditure etc. The idea to keep one's granularity/quantum check in correct state. By that what I mean is, one can enter each and every transaction, but more important thing is, where is the bigger quantum going? Is there a big spending pattern etc etc. There is a windows version also available.
	() Thanks

31st May 2010, 07:42	#57
aargee Senior - BHPian Join Date: Jan 2010 Location: TSTN Posts: 6,236 Thanked: 9,643 Times	I use Quicken, however I'm unable to use its online features since they've not designed the software for India. Can Tally help me accomplish all the features of Quicken & help me with online features too? Also, how difficult or easy is Tally for home usage? Can someone help me understand pls? Tks.
	() Thanks

1st June 2010, 00:04	#58
tsk13 Senior - BHPian Join Date: Jan 2009 Location: New Delhi Posts: 1,256 Thanked: 361 Times	Thanks Ampere. Since we need a full fledged software for managing all the affairs we're looking at Tally.
	() Thanks

22nd July 2010, 16:49	#60
quadra BHPian Join Date: Sep 2006 Location: Blore Posts: 552 Thanked: 68 Times	The word is personal finance / money manager and here are few of the big players 1. Mint: http://www.mint.com/2/ 2. Yodlee: https://moneycenter.yodlee.com/money...moneycenter.do Best part is that they are free softwares
	() Thanks