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Categories >> Software >> ERP CRM >> Oracle Apps >> Oracle Apps Financial
 
 


 

 
 Oracle Apps Technical interview questions  Oracle Apps Technical Interview Questions (484)
 Oracle Apps Financial interview questions  Oracle Apps Financial Interview Questions (593)
 Oracle Apps Manufacturing interview questions  Oracle Apps Manufacturing Interview Questions (51)
 Oracle Apps HRMS interview questions  Oracle Apps HRMS Interview Questions (77)
 Oracle Apps CRM interview questions  Oracle Apps CRM Interview Questions (9)
 Oracle Apps SCM interview questions  Oracle Apps SCM Interview Questions (105)
 Oracle Install Base interview questions  Oracle Install Base Interview Questions (62)
 Oracle Service Contracts interview questions  Oracle Service Contracts Interview Questions (101)
 Oracle Apps AllOther interview questions  Oracle Apps AllOther Interview Questions (11)
Question
Five main difference between Tally & ERP?
 Question Submitted By :: Oracle-Apps-Financial
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
The differences would be

Tally is a tool to record your accounting details, not an
ERP package.
Tally is not integrated with any other applications.
Tally is not modularised like GL, purchasing , ap, ar,
order management etc as any erp application.
Tally has limited reporting capabilities.
Tally is not a web based application.

Regards
swathi
 
Is This Answer Correct ?    247 Yes 66 No
Swathi
 
Answer
# 2
Comparing Tally with an ERP is the first mistake.

Tally is like a software you buy from a super market or
grocery shop. Read the instructions and use. Nothing can be
done by a user. They way tally gives the way we should go.

ERP is a sofware which would suit all the management and
financial reports custamized to the companys needs. A full
completed software in all aspects.

As said:-
differance between a Readymade Dress and Tailor made dress.
 
Is This Answer Correct ?    132 Yes 28 No
Prasad
 
 
 
Answer
# 3
a. Tally is a Standalone Application
b. Tally is not a robotics and integrated application
c. Tally is not Modular Application
d. It is not a Real Time Application
e. Tally is not a Multi Org Architecture Application
 
Is This Answer Correct ?    122 Yes 50 No
Avinash S M
 
Answer
# 4
Tally and Erp are both different species and cannot be
interrelated.
 
Is This Answer Correct ?    128 Yes 63 No
Raghu Kalavendi
 
Answer
# 5
ERP is a complete module, Tally is an accounting tool only.
ERP has different module to complete a job, Tally doesn't
have these such of facility.
 
Is This Answer Correct ?    58 Yes 18 No
Aditi
 
Answer
# 6
This question is just like some one is asking the
difference between cycle and motor cycle
 
Is This Answer Correct ?    85 Yes 49 No
Priya Pusp
 
Answer
# 7
1. ERP can be access through web browser. It can be
installed in a central server and accessed from all your
far-off locations. So it need not be installed in each of
the location separately.

2. You don't need to synchronize data from different
locations on a daily basis. Up-dates are online in our
software.

3. You can schedule automation back-up everyday. You don't
need any separate human intervention.

4. It is ERP Operations software which has accounting
entries of data.

5. It has a robust RDBMS (from Microsoft) and can hold huge
of data.

6. ERP software can be used, not only by accountings, but
mainly by opertaions people:
-Like sales ill use for sales orders, dispatch, invoicing,
pricing, etc.
-Purchase will use for PO, supplier 7 pricing analysis.
-Stores will use for receiving & issuing goods.
-Production will use for making work order, BOM, daily
production, etc.
-Accounts will use for receipts, payments, JV's, etc.
-Management will use for daily & Periodical MIS reports &
controls.

7. All accounting entries will automatically flow these
operations.
 
Is This Answer Correct ?    39 Yes 5 No
Rahul B.
 
Answer
# 8
Well i would differ here:

-Tally is real time
-Tally can be deployed across multiple location in a
centralized or distributed architecture
-Tally can be seamlessly integrated to any application
-There are hundreds of add-on-module including
the "Enterprise suite" which makes it modular.
-Apart form hundreds of default reports in Tally, There are
various reporting tool available like "Sheet
Magic", "Matrix Magic".

Check out www.tallyerp.com for details
 
Is This Answer Correct ?    75 Yes 43 No
Jyoti
 
Answer
# 9
with custom TDL (Tally Definition Language which is not
difficult to understand and apply) you can have custom
reports. It can be deployed over the WAN using XML interface
and this makes it "Real Time".

In other words I would agree with Jyoti
 
Is This Answer Correct ?    40 Yes 16 No
Xlmaster
 
Answer
# 10
1) IN TALLY YOUR CAN NOT MAKE TDS RETURN
2) TALLY SHOULD BE AS ADVANCE AS ERP
3) TALLY NEEDS TO BE UPGRAD
 
Is This Answer Correct ?    53 Yes 33 No
Trupti P Tawde
 

 
 
 
Other Oracle Apps Financial Interview Questions
 
  Question Asked @ Answers
 
When a liability to supplier create in oracle apps GTL 3
Is it possible to import invoices of a specific Sales Order?   1
Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?   2
What is use of AP Accounting Periods? IBM 4
what is MD050 & wat specifications are included in it Meru-Cabs 5
Why shud we run Expense report import programme in AP..where are we importing from??   1
1)I created a business group BG and assigned profile classes to that and my question is a)In purchasing financial options under human resource tab unable to see my BG but VISION CORPORATION is coming. b)at ledger level operating units page whenevr adding my OUs vision corporations are showing instead of my BG. 3)Tell me after create my BG assign profile classe to my RESP then wht is the next step with BG NTT-Data 4
Client's requirement is that first invoice would be a proforma invoice. Second invoice would be Tax invoice. Presently, we are unable to use this approach of payment?   1
HOW TO SET DIFFRNT INTEREST RATES FOR DIFFERENT SUPPLIERS ? IBM 2
In AR module What is the difference between Debit Memo and Credit Memo ? Satyam 3
In Multi Org can you tell what is SHORT ENTITY ? UST 1
How do we integrate the financial Applications(Modules) in the Multi Organization?   1
 
For more Oracle Apps Financial Interview Questions Click Here 
 
 
 
 
 


   
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