September 13, 2024
India is an emerging market for business solution or ERP. All the small scale industry (85% companies) in India are using Tally as there accounting software but as they grow they are switching to Global ERP’s. Most importantly, modern businesses need modern solutions to keep pace with the evolving economic landscape. Hence, by leveraging the core capabilities of Microsoft Dynamics NAV ERP, thriving businesses can avail of additional functionalities to improve not only accounting but other key processes—within a single, unified business platform.
Here, we have provided some significant differences. Microsoft Dynamics NAV Vs Tally:
| Feature | Microsoft Dynamics NAV | Tally |
|---|---|---|
| Incremental Data Entry | Supports incremental data entry as per role | Not possible |
| Integration | Native framework for integration with other products via web services | Very difficult |
| Reversal of Entry | Does not allow record deletion; requires reversal process | Deletion of records is possible |
| Scalability | Scalable for use across all departments (Sales, HR, Finance, Project, etc.) | Limited scalability |
| Reports & BI | Comes with built-in BI and multiple standard reports | Limited reporting capabilities |
| Microsoft Office Integration | Great compatibility with all other Microsoft products | No native integration with Microsoft Office |
| Audit Trails | Provides audit trails for each activity | Limited audit trail capabilities |
Some Other Differences
| Feature | Microsoft Dynamics NAV | Tally |
|---|---|---|
| ERP Software Level | Advanced ERP software | Basic ERP software |
| Multi-Org Architecture | Supports multi-company and multi-currency global accounting | Does not support multi-organization architecture |
| Reporting Capabilities | Rich capabilities for reports and KPI dashboards | Limited reporting capabilities |
| Primary Function | Comprehensive ERP package | Tool to record accounting details, not a full ERP package |
| Modularization | Fully modularized | Not modularized |
Tally accounting is working on 32 inbuilt groups where Dynamics NAV is based on Chart of accounts which varies customer to customer.
Tally does not has have any concepts of Product posting Group, Vat posting groups, Customer Posting Groups , Vendor Posting Groups, Inventory posting groups etc. where all these are a core setups of Dynamics NAV (Dynamics NAV cannot work without this setups).
Sneak Peak: Dynamics NAV vs. Tally ERP
| Microsoft Dynamics NAV ERP | Tally ERP |
|---|---|
| Advanced | Basic |
| Support for Multi-company and Multi-currency global accounting | No Support for Multi-company and Multi-currency global accounting |
| Extended capability for reports, KPI dashboard | Limted reporting capabilities |
| Based on Chart of Accounts | Based on In-built groups |
| No provision of deleting records or transactions; only reveral process | No provision of deleting records or transactions |
| Scalability for all departments within an organization | Limited Scalability |
Microsoft has clear vision and road map for their products (Dynamics NAV, Dynamcis AX, Dynamics 365 and Business Central). Recently Microsoft has released Dynamics 365 and Business Central. These are cloud-based business solutions (ERP) and you can have advantage of other Microsoft Product (Microsoft Office, Outlook, Skype, and Dynamics CRM) collabaration capabilities.
At NavisionIndia,
Businesses can connect to skilled and renowned Business Central Consultants as NAV is upgraded to Dynamics 365 Business Central now. For the most part, you can make the best of their expertise and experience in delivering robust solutions across Microsoft Dynamics NAV ERP, help you upgrade from NAV to Business Central, and offer a proven methodology to lead the ever-evolving business landscape.
For more details, write to us at info@navisionindia.in Or Schedule A Demo