What is Tally?
Transactions allowed in a Linear Line Yards (Tally) is a popular software developed by the Goenkas in 1986. Used by a large number of small and medium scale industries, its primary objective is to conduct accounting activities in a very detailed and systematic manner. To get accustomed to various facets of the software, its working, and understand basic concepts like bookkeeping, profit and loss analysis, stock maintenance, etc, Tally course is what you should pursue. Tally ERP 9 is the latest version.
What is a Tally Course?
A Tally course is generally a 1-3 month long program where you will get to understand the software in-depth and learn concepts related to inventory management, GST and TDS calculation, modifying company details, etc. Further, various multinational companies use this software as it is easy to use and helps in keeping an error-free and glitch-free record of a business’s accounts. It’s an excellent option for those who want to pursue a career in Accounting.
What is the Syllabus of the Tally Course?
Enlisted are some of the important modules or topics that form an essential part of the Tally course:
- Accounting Fundamentals
- Goods and Services Tax
- Company Formation
- Balance Sheet
- Ledgers
- Printing of Cheque
- Bank Reconciliation
- Credit Limit
- Principles of Taxation
- TDS and its Calculation
- Data Synchronisation
- Cost Categories and Centres
- Stock Analysis and Transfer
- Understanding VAT and Excise Duty
- Sales and Purchased Order Processing
- Contra, Journal, and Manufacturing Voucher