If you are a business owner or accountant, you may have heard about Tally’s recent pricing update.
In the realm of business software, change is a constant. Tally Solutions, a leading provider of accounting and business management software, has recently announced an adjustment in the pricing of its flagship product, Tally Prime Software, effective February 10th, 2024. This move is part of their commitment to ongoing innovation and improving user experience. It’s crucial to delve into the reasons behind this decision, understanding its impact on users and the potential benefits for businesses.
Understanding Tally’s Pricing Update:
Presently, Tally Solutions offers Tally Prime Software at Rs 18,000 for the Silver User and Rs 54,000 for the Multi-User. However, starting February 10th, 2024, the revised prices will be Rs 22,500 for the Silver User and Rs 67,500 for the Multi-User, reflecting a 25% increase. It’s important to note that these prices exclude GST, which will be added separately at 18%.
This price adjustment extends to other Tally products such as Tally Software Services (TSS), Tally Prime Developer, Tally Prime Server, Tally Add-ons, and Upgrades. Users should be aware of these changes when considering their software purchases.
Insights into Tally’s Price Adjustment:
Tally’s software has witnessed significant price adjustments and feature enhancements over the past decade. From 2012, Tally ERP 9 was priced at Rs 13,500 for Single User and Rs 40,500 for Multi-User, rising to Rs 18,000 and Rs 54,000 respectively post-2012, marking a 33% increase until 2016.
In 2017, Tally updated its pricing structure to include Goods and Services Tax (GST at 18%) in response to new taxation norms. Looking ahead to February 10th, 2024, another price adjustment will see Tally Prime Software priced at Rs 22,500 for Single User and Rs 67,500 for Multi-User, excluding GST. This reflects a further 25% increment since 2017, demonstrating Tally’s commitment to innovation and supporting businesses.
Comparison of Tally’s Updates with Price Adjustments:
Tally has continuously enhanced its software, introducing major updates such as enhanced remote access, seamless banking integration, smart payroll features, multi-currency support, and compliance with GST regulations. Tally Prime, introduced as a successor to Tally ERP 9, offers a modern interface, easy navigation features, digital signatures, edit logs, e-payment capabilities, seamless integration with WhatsApp for Business, data import from MS Excel, and graphical dashboards.
Tally Solutions regularly releases updates and new versions, addressing evolving business needs and regulatory changes. These improvements aim to provide cutting-edge software solutions, enhancing user experience and efficiency.
In Conclusion:
In conclusion, while the price adjustment may raise concerns, it underscores Tally’s commitment to innovation and supporting businesses. The revised pricing reflects an investment in delivering superior products and support to users, contributing to the efficiency and effectiveness of businesses relying on Tally Prime Software.
For any inquiries or assistance related to Tally software or queries, please don’t hesitate to contact us at Comhard Technologies, as we are proud to be a certified 5-star partner of Tally.