COMPARISON BETWEEN REACH GST AND TALLY GST SOFTWARE
After the implementation of GST in India, all business with turn over more than Rs. 20 Lakhs have to register for GST. According to GST Rules, you can file for your GST returns only online. Hence to file your returns you need to maintain clear records of taxation electronically that you do. Therefore if you dont choose the right Accounting software with GST for your business- it is impossible to manage & maintain your GST compliances. A registrant needs to account for GST charges and GST paid on the taxable supplies made by him in each taxable period to get your GST returns without any complications. After the implementation of GST in India, all business with turn over more than Rs. 20 Lakhs have to register for GST. According to GST Rules, you can file for your GST returns only online. Hence to file your returns you need to maintain clear records of taxation electronically that you do. Therefore if you dont choose the right Accounting software with GST for your business- it is impossible to manage & maintain your GST compliances. A registrant needs to account for GST charges and GST paid on the taxable supplies made by him in each taxable period to get your GST returns without any complications. GST DEMO
Key Features of Reach GST
- Inventory Management
- Mobile App
- Data Security & Accuracy
- Monthly GST Report
- GST returns
- Online Accounting
- Financial Management
- Sales Tracking
- Billing & Invoicing
- Purchase Management
- Online GST Portal
- Sales Analyse Report
TOP PRODUCT FEATURES
All functions relating to accounts are inbuilt with the software. You can manage your Accounting Ledgers, Bank & Cash Operations, Purchase & Sales Estimates, Warehouse Allocations, Expense Recording, Expense Grouping, Payments – Part or Full, Journal Entries, Receipts – Part or Full, Contra Entries, Financial Reports, Day book and much more.
Our accounting Software automatically calculates the taxes relevant for every bill created. Our Software is tailor made as per the government norms for calculation of GST. It also comes with the option to add any number of taxes relevant to your business. In case of change in tax percentages you can change it in the software on your own. All you have to do is add your tax percentage and our software will calculate the taxes automatically. This multiple tax scheme can also be applied to multiple products on a single purchase.
You can create Quotations then the same can be converted as a Sales order or Pro-forma invoice or Invoice. From Invoice you can create Receipts as well. Accountants will be able to know what payments have been received and what are pending in the reports. You can also set reminders for receiving payments
You can create Purchase Orders then the same can be converted as bill or payments. You can also create Debit notes for purchase returns. Accountants will be able to know which purchase bills have been paid and which are pending in the reports. You can also set reminders for making payments.
WHO USES REACH SOFTWARE
Sync all your emails into one place and manage the leads, bills, complaints and sales orders from a single software block.
Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports
Receive Job orders or Sales Orders and convert them into Invoices once ready
Create Job sheets, prepare estimates and assign them to Service Engineers. SMS the status automatically to the customer when the job is done
Sales Team Management
Import leads automatically from your website, email or Google docs and assaign them to your sales executives. Monitor executives and update lead status.
View the last prepared invoice automatically while creating new Invoices. Set reminders for every invoice. SMS or email reminders automatically.
Point of Sale
Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.
See offer prices of all vendors while creating purchase orders. add purchase and manage incoming stock.
Lots and Barcode Management
Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner
Assign points for every sale and redeem them whilst billing next time
Show what needs to be shipped and what needs to be received automatically to the store keeper
Auto sync to over 36 Banks, e-stores, Google docs, Google calendar, Project management tools, Click to Calls, SMS gateways, Payment Gateways and many others
Accounting & Taxes
Prepare GST, GST Form 3 reports, Profit & Loss and all the other accounting reports automatically from the software.Send bills automatically to your accountant and add notes.Integrates POS System with accounting avoiding duplication of entries
Security & Privacy
Stop worrying about system crashes and data theft. Store the data safely in the cloud with Bank level security.
Assign points for every sale and redeem them whilst billing next time
Show what needs to be shipped and what needs to be received automatically to the store keepe
A Basic payroll processor which generates pay slips and emails them in bulk to employees.
Cloud based GST Software- Works online
Reach is cloud based and hence you can have all the departments and branches working realtime on the software without investing in servers or other expensive hardware.
Advantages of Reach
- Fully Cloud based so saves expensive Investment in servers
- Hard disk crashes doesnt affect data
- No Anti-virus software needed
- Tailormade for every business with specific features
- Has all the features of Tally and Marg together
- High control over data
- Ideal for multi-branch
- Free Version Upgrades
- Customisable for Nominal Fee
- Low price
- Single user – starts Rs. 6000
- Unlimited user – starts Rs. 18,000
- Annual Renewals – 20%
TALLY GST SOFTWARE
Most of the organizations in India, regardless of how small or big they are have Tally Accounting Software to work with. However, still the accounts team need to file returns manually which is quite a tedious task, considering the size of the organization and its turnover for the fiscal year. This can be made easier as GST can easily be integrated with the Tally ERP 9 software. Now, small and medium businesses can easily automate their functioning with the integration of Tally & GST. Under GST, the businesses would require to file at least 5 returns a month which could be a monotonous task to be done manually. GST’s compliance with Tally ERP will help businesses automate this process which will save a lot of time and cost. Many industry experts also see this compliance between GST & Tally as a win-win situation for both businesses and individuals as henceforth all transactions including the return files will be executed under GST complaint Tally software. Further, to make the understanding of GST and its nuances simple, Tally has also launched a GST mobile app. This app will be a rich source of information on GST and will help businesses adopt this tax structure more efficiently.
PRODUCTS OF TALLY GST SOFTWARE
- ERP 9
- Tally Shoper 9
- Tally Server 9
- Tally Developer
PRICING OF TALLY
|Tally.ERP 9 Silver (Single User)||INR 21,240.00|
|Tally.ERP 9 Gold (Multi User)||INR 63,720.00|
- It is a one stop solution as it has several modules plus generates necessary functions required for the business automatically.
- The data is stored in the cloud, therefore you can restore all the data in case of system crash or any other problem.
- Online GST software is an user friendly software that makes itself flexible for the user making it easy to implement.
- Online GST software easily customizes with the business process.
- It provides bank level security and comes with access restriction menu so you can restrict certain areas within the software from others for more privacy.
- It can be used by unlimited number of users so it is suitable for any size of business.
- It is easily accessible from anywhere. It is mobile friendly thus you can work from anywhere and get your reports daily along with real time update.
- Tally ERP is not exactly and ERP but a collection of modules. These modules are provided to you and it generates no extra functions from these modules.
- Data backup is difficult with Tally ERP. And at times it is impossible to get back the data.
- Tally ERP is not user friendly and is difficult to use. It has its own way of functioning hence it requires you to move accordingly.
- Customization is difficult and if customization is done then it requires you to pay extra for customizing it.
- There is a risk of privacy breeching as it has no restriction menu and everyone can access the software. Thus you cannot keep extremely delicate data in it.
- Only limited number of users can use it thus it cannot be used by too many users.
- It is not mobile friendly thus it demands accessing it from the system, therefore you have to be at work to remain updated with the business or wait for the reports to reach you in case you are away from your business.
BENEFITS OF REACH
- Run your business online
- Automatic Data backup
- No worry of Data theft
- No Investment in Expensive hardware
- Free and Automatic upgrades
- Sync all your emails into one place and manage the leads, bills, complaints and sales orders from a single software block
- Import leads automatically from your website, email or Google docs and assign them to your sales executives. Monitor executives and update lead status
- View the last prepared invoice automatically while creating new Invoices. Set reminders for every invoice. SMS or email reminders automatically
- See offer prices of all vendors while creating purchase orders. add purchase and manage incoming stock.
- Send bills automatically to your accountant and add notes. Prepare VAT, Service Tax, TDS and Excise Reports automatically
- Stop worrying about system crashes and data theft. Store the data safely on the cloud with Bank level security.
- Auto sync to over 36 Banks, e-stores, Google docs, Google calendar, Project management tools, Click to Calls, SMS gateways, Payment Gateways and many others
WHY REACH OVER OTHER SOFTWARE
- Free cloud server advantage
- All documents in one place
- Even if you have multiple businesses, All accounts are docked in a single account
- Easily import from Tally and Excel
- No worrying of unauthorized data intrusions
- Localised personally for all your business
- Personalised billing system
- Manage your customer
- Supplier Management
- Product Management
- Unlike traditional software, our products are hosted on the cloud and allows all your employees to work at the same time
- Custom made to suit your business
- Captures your leads from Emails and websites directly
- Tracks your orders
- Raises invoices
- Converts Invoices raised in Foreign Currency to Indian Rupees
- Imports from Excel and Tally
- Gives Multi-User access
Allows to view reports on Mobile Phone
- Manages your inventory
- Shows your branchwise/sitewise profitability
- Securely backs up your data online
- Free cloud server
- All business data in one place
Reach can be used for preparing Invoices, Auto Calculating the GST Liability, Filing Returns, Checking Purchases which auto populates in GSTN, Making GST Payments and Accounting for GST.Free cloud server advantage, All documents in one place, All accounts are docked in a single account for multiple businesses and securely backs up your data. Reach is a friendly software that customizes with your business. As it is GST ready your business will not require to change the system in case you are planning to register in GST. Being GST ready is important as it solves all your tax problems and simplifies your business tax structure.
Reach is a feature reach software that takes care of your entire business. It does not only have rigid features but also automates your business and auto generates more functions to manage your business better.