Businesses belonging to different industries use Tally, an accounting software created by Tally Solutions Pvt Ltd, to manage their finances, inventories, accounts, and other operations.
A version of Tally called Tally single user is intended for usage by a single individual user on a particular machine. Small enterprises or individuals who must handle their own accounts and financial activities would find it suitable.
Tally Multi-user was created to be used by numerous users working on different PCs on a LAN network. In order to collaborate on accounting and financial activities, it enables multiple people to access the same data at once. For example, a company with branch offices in multiple locations, where multi-user licenses are activated, can create a multi-site account and centrally manage all their different branch Tally licences.
The following are the five indications that you should switch from Tally single user to Tally multi-user:
Need for concurrent access
It's time to upgrade to Tally Multi-user if your company has expanded to the point where multiple users must access the Tally software at once. This version enables simultaneous access by several users to Tally data, which can increase productivity and efficiency.
Business expansion
If your company is growing quickly and you are launching new branches or divisions, it's crucial to think about upgrading to Tally Multi-user to enable improved communication across various locations. To access the performance of all your companies you can create a group company in Tally and get a consolidated view of their financial position. Thus, it makes it easier to measure the health of your business across companies. The consolidated data from a group company is useful especially at the end of the financial year, where you can get a summarised view of total income, profit and so on. You can use the data sync feature to sync your data across different locations.
Data Security
All the data is encrypted and cannot be tampered with and thus you can ensure secure data access. We recommend you use an automated back-up system to always have a backup of your data on real time basis. This is one way most businesses save huge amount of money by simply acting proactively with respect to their Tally data. In this way you can be prepared for any adverse event, such as a virus attack, a hard drive crash, and so on. You can also share the backup data in case when such requirement arises. Sharing the backup of the data is much more reliable method than directly copying the company data folders as it is more accurate and reliable.
Need for real-time updates
If you need real-time updates on financial data, from different locations, then Tally multi user is necessary. With single user mode, only one person can work on Tally data at a time, but in multiuser Tally, you can sync the data whenever needed. Data sync feature can be used only when you have a valid TSS (Tally software service) so make sure you renew your TSS yearly.
For only Rs 36000, upgrade to TallyPrime Gold + GST (18%) and take advantage of Tally Multi-User.
Tally Multi-user requires a central server where the company data is stored, and users can access it through a local area network or the internet. With Tally Multi-user server, businesses can steamline their accounting and management processes, reducing errors and inconsistencies in data entry, and enhance their overall efficiency.
In conclusion, Tally Multi-user is a potent tool that enables teams to work on the same company data concurrently and co-operate more successfully. This functionality is a great option for companies of all sizes since it offers strong access control, real-time data synchronisation, and scalability. For medium-sized to big enterprises with numerous departments or locations that need concurrent access to the same data, this version of Tally is appropriate.
Want to know more about upgrading to Tally multiuser gold ask us now.
