Difference between Tally 7.2 and Tally 9

Key difference: Tally 7.2 and Tally 9 are software products from Tally Solutions Pvt Ltd. Tally 7.2 is an integrated business solution that provides accounting, inventory and reporting related capabilities. Tally 9, which is a later version of Tally 7.2, offers many features such as Excise for Dealers, Payroll, TDS, etc. It contains extended functionalities compared to Tally 7.2. Tally 9 can be called a powerful multilingual and concurrent integrated business accounting software.
Tally 9 is the newest version of Tally compared to Tally 7.2. Tally 7.2 is an integrated business solution that provides capabilities related to accounting, inventory and reporting.  It was the first from the lot of Tally software to introduce functions such as statutory compliant versions.
Key features of this software included full accounting, ledger, books, records and account statements, accounts receivable and payable, display and breakdown date, etc. It used to meet the demands of all types of companies by providing a variety of management reports. It was available in both individual and multi-user editions. Simply put, it was pretty good as a simple accounting software.

Tally 9, being the successor of Tally 7.2, provided many functions such as Excise for Dealers, Payroll, TDS, etc. It contains extended functionalities compared to Tally 7.2. Tally 9 can be called a powerful multilingual and concurrent integrated business accounting software. The new features of Tally 9 compared to its previous versions include: payroll, point of sale billing, multilingual support and taxes. The configuration and simplification of payroll processes are key features of Tally 9. The process of generating a payment receipt is also quite simple in this version of Tally.

Tally 7.2 can be seen as simple accounting software, while Tally 9 is a better and more powerful integrated business accounting software than compared to Tally 7.2.
Tally recommends that users of Tally 7.2, 9 and other previous versions move to Tally. ERP 9,  which is the latest product from Tally. Some users still use Tally 9, however, smaller customers are using Tally 7.2. Tally 7.2 is not even compatible with any type of customer service system. Therefore, Tally 7.2 can be seen as a product on the edge of its end.

Read also; Why is it important to take Tally ERP 9 training?

Tally 7.2 VS Tally ERP 9

Tally 7.2

• It is an integrated solution that gives a function related to reporting, accounting, and inventory.
• This version includes the functionality of VAT (Value Added Tax), Licenses and tax deduction at source
• It is widely used due to the simplification of the procedures of VAT, tax service and TDS Provides two licenses, single user licenses and multiple user licenses
  

Tally ERP 9            

• It is an improved version of Tally 7.2, and offers many features such as TDS, payroll management, special taxes for distributors, etc.
  
  
• This version includes the handling of POS, statutory and fiscal billing, payroll, multilingual support, etc.
• It is more popular because it provides advanced inventory management and simplifies accounting.
  
  
• It is available in two editions Tally Silver (single user edition) and Tally Gold (multi-user edition)

If you want to know more about Tally 7.2 VS Tally ERP 9, then Tally training in Chandigarh is best for you.