Clearbooks vs. TallyPrime

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Clearbooks
Score 7.0 out of 10
N/A
ClearBooks Accounting is simple cloud accounting software, from Clear Books plc located in the UK, that is tailored to the needs of small businesses and start ups in the UK, or bookkeepers and accountants. It contains core accounting features like automated invoicing, document / image importing for capturing receipts, VAT returns direct to HMRC and a customizable dashboard (tax management), expense and purchase management with recurring billing capability, basic financial reporting features for…N/A
TallyPrime
Score 8.3 out of 10
N/A
TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
ClearbooksTallyPrime
Editions & Modules
No answers on this topic
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
ClearbooksTallyPrime
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
ClearbooksTallyPrime
Features
ClearbooksTallyPrime
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Clearbooks
5.0
Ratings
43% below category average
TallyPrime
-
Ratings
Accounts payable5.00 Ratings00 Ratings
Accounts receivable5.00 Ratings00 Ratings
Cash management5.00 Ratings00 Ratings
Bank reconciliation5.00 Ratings00 Ratings
Expense management5.00 Ratings00 Ratings
Fixed asset management5.00 Ratings00 Ratings
User Ratings
ClearbooksTallyPrime
Likelihood to Recommend
7.0
(0 ratings)
8.0
(0 ratings)
User Testimonials
ClearbooksTallyPrime
Likelihood to Recommend
Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.
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There was a need to maintain a clear overview of the inventory for one of our clients, including tracking products, monitoring stock levels, and managing purchase orders. TallyPrime's inventory management feature allowed us to efficiently track and update stock quantities as products are sold or restocked. Which was a real savour for us.
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Pros
  • SaaS, so accessible by anyone, anywhere in the world via a browser
  • Clear and straight forward navigation
  • Good choice of management reports
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  • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
  • TallyPrime's payroll module handles complex payroll calculations effortlessly
  • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
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Cons
  • Like any SaaS product, Clearbooks is continuously evolving and being improved
  • Some of the reports still need some work
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  • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
  • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
  • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
  • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
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Usability
No answers on this topic
I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
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Alternatives Considered
Clearbooks was chosen 5 years ago as our accountant recommended it. There is an element of inertia in moving accounts packages.
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For petty transactions, Microsoft Excel is in place earlier to track the expenses and TallyPrime has replaced it with cost centers and sub-ledgers. Zoho Books being a cloud based accounting software, before considering TallyPrime, has suited the Business requirement to some extent, however, it is not adopted owing to certain challenges. SAP is far beyond the business requirement and the Learning curve is high in that.
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Return on Investment
  • I am not sure that ROI is an appropriate measure for an accounts package. The cost is around £250/year, which is a tiny fraction of the cost of a bookkeeper/finance controller/finance director/CFO.
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  • It gives the best return on investment, if alternative chosen it won't suit the way TallyPrime suits
  • I feel 90% will be the ROI of TallyPrime, the 10% is deduced as some manual intervention is needed at places
  • The learning curve is also good, which the reason, the newbie can grab the best of it
  • overall, the Impact is positive till the time Audit is in place
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ScreenShots