LiveKeeping
LiveKeeping is a mobile-first financial management application that integrates with Tally ERP to provide real-time access to your accounting data, reports, and business analytics from anywhere.
TallyPrime
TallyPrime is an integrated business management software providing automated accounting, inventory tracking, payroll processing, and statutory compliance to help small and medium businesses manage their entire operations efficiently.
Quick Comparison
| Feature | LiveKeeping | TallyPrime |
|---|---|---|
| Website | livekeeping.com | tallysolutions.com |
| Pricing Model | Subscription | One_time |
| Starting Price | $208/month | $7.5/month |
| FREE Trial | ✓ 7 days free trial | ✓ 7 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 1986 |
| Headquarters | Ahmedabad, India | Bengaluru, India |
Overview
LiveKeeping
LiveKeeping is a mobile application designed to bridge the gap between your office-based Tally ERP and your need for mobile data access. It syncs your financial data securely to your smartphone, allowing you to view ledgers, stock status, and sales reports without needing to be at your desk. You can track your business performance through intuitive dashboards that simplify complex accounting figures into actionable insights.
The platform helps you stay on top of your cash flow by providing instant notifications for payments and receipts. You can also create and share digital invoices or outstanding reminders directly with your clients via WhatsApp or email. It is built for business owners who use Tally but require the flexibility to manage their finances while traveling or meeting with stakeholders.
TallyPrime
TallyPrime helps you take full control of your business operations through a unified interface. You can manage your accounts, track inventory across multiple locations, and handle payroll for your employees without switching between different tools. The software automates complex tasks like GST/VAT compliance, bank reconciliation, and generating insightful financial reports so you can focus on growing your business instead of manual data entry.
You can access your business data securely from anywhere using a web browser, ensuring you stay connected even when you are away from the office. Whether you need to manage thousands of stock items or generate instant invoices, the platform adapts to your specific workflow. It is designed primarily for small to mid-sized business owners and accountants who need a reliable, offline-first solution with cloud-enabled features.
Overview
LiveKeeping Features
- Real-Time Tally Sync Sync your Tally ERP data automatically to your mobile device so you always have the most current financial figures.
- Business Dashboards View your sales, purchases, and expenses through visual charts that give you a high-level overview of your business health.
- Outstanding Management Track pending payments by customer and send automated reminders via WhatsApp to speed up your collection process.
- Digital Invoicing Create and share professional GST-compliant invoices directly from your phone to close deals faster while on the move.
- Stock Tracking Check your inventory levels across different godowns in real-time to ensure you never miss a sale due to stockouts.
- Data Security Protect your sensitive financial information with end-to-end encryption and secure login protocols that keep your Tally data safe.
TallyPrime Features
- Invoicing and Billing. Create professional, GST-compliant invoices in seconds and customize them to match your specific business requirements.
- Inventory Management. Track your stock levels across multiple godowns and manage batches, expiries, and reorder levels effortlessly.
- Insightful Business Reports. Generate over 400 types of business reports like Profit & Loss and Balance Sheets to make data-driven decisions.
- Statutory Compliance. File your tax returns accurately with built-in error detection and prevention for GST, TDS, and TCS.
- Secure Data Access. View your business reports securely from any device using a web browser while your data stays on your machine.
- Payroll Management. Automate your employee salary processing, track attendance, and manage contributions like PF and ESI in one place.
- Multi-Currency Support. Record transactions in multiple currencies and automatically calculate forex gains or losses for your international deals.
- Cash Flow Management. Monitor your receivables and payables closely to ensure you always have enough liquidity to run your business.
Pricing Comparison
LiveKeeping Pricing
- 1 Tally Serial Number
- Unlimited Companies
- Real-time Data Sync
- Sales & Purchase Reports
- WhatsApp Integration
- Check-in/Check-out features
- Everything in Individual, plus:
- Additional user access
- Advanced data permissions
- Priority customer support
- Enhanced analytics
- Multi-device login
TallyPrime Pricing
- Single user support
- Full accounting features
- Inventory management
- Statutory compliance
- E-invoicing and E-way bills
- Banking and reconciliation
- Everything in Silver, plus:
- Unlimited multi-user support
- Local Area Network (LAN) access
- Simultaneous data entry
- Centralized license management
- Multi-terminal capabilities
Pros & Cons
LiveKeeping
Pros
- Seamless integration with existing Tally ERP setups
- User-friendly interface that simplifies complex accounting data
- Fast WhatsApp sharing for invoices and reminders
- Reliable real-time notifications for new transactions
Cons
- Requires Tally to be running for data sync
- Occasional sync delays during heavy data loads
- Limited advanced editing capabilities compared to desktop
TallyPrime
Pros
- Extremely fast data entry with keyboard-centric navigation
- Works reliably without an active internet connection
- Robust reporting that handles massive volumes of data
- Excellent statutory compliance specifically for Indian tax laws
- Easy to find trained operators and accountants
Cons
- Interface feels dated compared to modern web apps
- Mobile app functionality is limited to viewing reports
- Steep learning curve for non-accounting professionals
- Remote access setup can be technically challenging