Tally vs ADDA
Summary
Tally is best suited to Corporate Accounting with various State Taxes, Investments, Loans, Debts etc.ADDA is best suited for Housing Society Accounting with mainly Receipts & Payments and Central Taxes.
| Sl.No | Functionality |
Tally Accounting |
ApartmentADDA Accounting |
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| 1 | Viewable by MC* from anywhere/anytime |
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| 2 | Easy for MC to understand and get desired Reports |
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| 3 | Readymade Flat-wise Subledger |
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| 4 | Automatic Due Generation by Flat |
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| 5 | Invoice & Receipts by Email & SMS |
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| 6 | Due Reminders by Email & SMS |
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| 7 | Account Statement available to each Member |
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| 8 | Member can view Payment Instructions |
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| 9 | Member can inform Society when Direct Transfer made |
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| 10 | Member can pay by Credit Card / Debit Card |
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| 11 | Late Payment Interest calculated Automatically |
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| 12 | Member can view LIVE Interest increasing on Daily Basis |
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| 13 | Automatic Allocation of Collections to Invoices |
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| 14 | Reports can be Published to selected Members with one click |
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| 15 | LIVE Expense Trend, Expense Comparision Pie Charts |
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| 16 | Online Purchase Request Workflow |
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| 17 | Custom-Built for Apartment Owners Associations |
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| 18 | Data can be entered by Non-Accountant |
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| 19 | Integrated with Complaint Tracker - Complaining Flats with Dues show Red |
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| 20 |
Product Enhancements specific to Society Accounting (e.g. Service Tax change for Societies in 2012 Budget) |
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| 21 | Journal Entry |
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| 22 | Bank Reconciliation |
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| 23 | Expense Entries for Cash, Payment Voucher Generation |
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| 24 | All Accounts data can be exported to Excel |
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| 25 | Final BalanceSheet and Income/Expense Statements |
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| *MC = Management Committee of the Association/Society | |||
Read More on ApartmentADDA's Online Society Accounting Software Features.