:: Home Page      
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   Errors
   Refer this Site  Refer This Site to Your Friends  Site Map  Contact Us      
Categories >> Software >> ERP CRM >> Oracle Apps >> Oracle Apps Financial


Five main difference between Tally & ERP?
 Question Submitted By :: Oracle Apps Financial
  I also faced this Question!!      
Answer Posted By  
 Answers were Sorted based on User's Feedback
# 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.


Is This Answer Correct ?    249 Yes 67 No
# 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 ?    135 Yes 29 No
# 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 ?    123 Yes 50 No
avinash s m
# 4
Tally and Erp are both different species and cannot be

Is This Answer Correct ?    128 Yes 63 No
raghu kalavendi
# 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
# 6
This question is just like some one is asking the
difference between cycle and motor cycle 

Is This Answer Correct ?    86 Yes 49 No
priya pusp
# 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

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 &

7. All accounting entries will automatically flow these

Is This Answer Correct ?    39 Yes 5 No
rahul b.
# 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 for details 

Is This Answer Correct ?    75 Yes 44 No
# 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
# 10

Is This Answer Correct ?    54 Yes 33 No
trupti p tawde

Other Oracle Apps Financial Interview Questions
  Question Asked @ Answers
Trial balance can run which level, legal entity level or operating unit level. aurobindo 4
What is consolidation and in which module do you used it and when? ibm 3
What is Profile ? tesco 1
what is the accounting convention? what are they? ibm 1
Can we get the status as remmitted after confirming the Payment batch. If so please tell me the set ups required. Regards, Roopa   2
R there any setups to change the source while entering Journals manually? The defaulted one is manual and the box is greyed out, how can i change the source? pfizer 1
Hi all, what are the mandatory sql/plsql commands functional consultant need to know, let me know please.....   1
Multi currency payments?   2
Can i assign a supplier type of bank account to more than one supplier ? accenture 4
What are the tables associated with Invoice in AP?   4
we have purchased a loptop from the supplier, we have made the payment to supplier through check and the supplier has taken the money from the org. bank and even the transaction has been reconciled with cash management. But due some reason we have returned the loptop to the supplier. Now How this real time scenario will be resolved in the Payable module.   4
What is the order in setting up GL ? Which comes first - COA, Calendar & Currency ? oracle 8
For more Oracle Apps Financial Interview Questions Click Here