Great Alternatives to TALLY (Open Source)

1. Post Books: 

This is an open source accounting as well as resource planning software. It's designed to be used in all the medium and small sized enterprises. This is a free software which was released under the CPAL license. Post Books accounting software was initially written in English language but now it has become multi-lingual including Spanish, Russian, Chinese, Turkish, Portuguese as well as French among others.

Post Books software is divided into modules like Sales, Accounting, CRM, Manufacturing, Products, Inventory and Purchase. The modules are arranged in an interactive manner depending on the requirements of the clients. Besides that, this software also supports multi- currency and multi- lingual capability. Post Books is an international software which can be used for a variety of business accounting purposes worldwide.

2. BS1 Accounting: 

BS1 Accounting is open source inventory software which is basically useful for business enterprises. This software takes care of functions like Accounts payable, Accounts receivable, Inventory, Sales and General ledger. This software fits the size of your screen effectively and with its user- friendly interface, it is used by a large number of people.

This software helps in easy export and import of goods due to its multi- currency feature. It is also capable of tracking the receivables and payables of various currencies distinctly.

3. TAMS: 

TAMS or Time Accounting Management Software is a unique accounting software, based on PHP/ PostgreSQL. This software offers a whole new range of functionalities in its package including billing, accounting as well as tracking packages. The TAMS software is mainly useful for small businesses and also the companies involved in consulting work. It allows generating bills, saving lot of time.

Important projects don't miss their deadlines and this software provides guidance so that the finance does not exceed from the planned budgets.

4. Turquaz Financial Accounting: 

This is a user-friendly accounting software which is suitable for small and medium sized enterprises. It is double entry financial software which aims at performing target operations like accounts payable, management of inventory, accounts receivable, general ledger, advanced report, journal and advanced analysis. This software is compatible with multiple currencies and multiple languages.

This software becomes a useful tool as it includes a variety of functionalities, while offering a user- friendly approach to the users.

5. GNU Cash: 

GNU Cash is a small but efficient software to handle your accounts, especially the financial matters related to your enterprise. This software is freely licensed under GNU. It's also compatible with other operating systems like Linux, Solaris, BSD, Microsoft Windows as well as Mac OS X. GNU Cash is very easy to use and it allows you to track your bank accounts, your expenses and incomes.

The architecture of this software is based in professional principles of accounting.

6. Turbo Cash: 

Turbo Cash is an entry level inventory control software which is designed to be used by single users. It is mostly used by comparatively small networks as well as other distributed networks. It is also compatible with other operating systems like Linux in Wine and Delphi developments in Windows. It supports developer’s script too.

Its other specifications include multi- language and multi- currency features. There is also a local Plug In which is included to make the experience more worthy for the users. This software is most ideal for SMEs.

7. OBA: 

OBA or Open Business Accounting is a useful web- based accounting software and it has been modified from SQL ledger in order to suit auditors, accountants and people who are involved in similar kinds of jobs. Some very useful and easy to use modules are included in this software like sales summary, quick data entry as well as unique transaction number. It is also capable of performing functions like accepting payments, delivering sales and keeping track of all your transactions.

Courtesy: Dreamcss