TALLY

TALLY

In financial management and accounting, proficiency in software tools is paramount for streamlining operations and ensuring accuracy. Recognizing the importance of equipping individuals with the skills to utilize accounting software effectively, Ashish Academy, a Techinaut Institute of Technology franchise located in Jeypore, Koraput, Odisha, offers a comprehensive six-month duration course named "Tally Course." This program is designed to provide participants with in-depth knowledge and practical skills in Tally, a widely-used accounting software, empowering them to excel in financial management and accounting.

THE OBJECTIVE OF THE COURSE:

The primary objective of the Tally Course is to equip participants with advanced knowledge and practical skills in Tally accounting software. The course aims to familiarize participants with the fundamental principles, advanced features, and best practices in Tally usage through a structured curriculum and hands-on training. By the end of the course, participants will be proficient in using Tally for various financial management tasks, including accounting, inventory management, taxation, payroll processing, financial reporting, and analysis.

COURSE OVERVIEW:

Curriculum Overview

The Tally Course covers many topics, encompassing theoretical concepts and practical applications in Tally accounting software. The curriculum is structured to provide participants with a comprehensive understanding of Tally features, functions, and modules. Below is an overview of the key topics covered in the course:

Introduction to Tally

This section introduces Tally accounting software, providing an overview of its features, benefits, and applications. Participants learn about Tally's interface, navigation, and basic functionalities, setting the foundation for further exploration.

Tally Fundamentals

Participants delve into the fundamental concepts and principles of accounting, understanding terms such as ledger, voucher, journal, trial balance, and balance sheet. They learn about double-entry accounting, accrual accounting, and the importance of maintaining accurate financial records.

Basic Accounting Principles

Participants gain insights into basic accounting principles and practices, including revenue recognition, expense recognition, asset valuation, and liability management. They learn to apply accounting principles in Tally software to record financial transactions accurately and efficiently.

Advanced Accounting in Tally

This section focuses on advanced accounting tasks in Tally, such as ledger creation, voucher entry, journal posting, and reconciliation. Participants explore Tally's advanced features for automating accounting processes, reducing manual errors, and improving efficiency.

Inventory Management in Tally

Participants learn about inventory management concepts and techniques, including stock valuation methods, inventory tracking, and stock reconciliation. They explore Tally's inventory modules and learn to effectively manage inventory transactions, stock movements, and inventory reports.

Taxation in Tally

This section covers taxation concepts and practices, including GST (Goods and Services Tax), VAT (Value Added Tax), and TDS (Tax Deducted at Source). Participants learn to configure taxation settings in Tally, generate tax invoices, file tax returns, and comply with tax regulations.

Payroll Processing in Tally

Participants gain proficiency in payroll processing using Tally software and understand payroll components such as salary structure, allowances, deductions, and taxes. They learn to configure payroll settings, process payroll transactions, generate payslips, and reconcile payroll data.

Financial Reporting and Analysis

Participants explore Tally's reporting and analysis features, understanding financial statements such as profit and loss statements, balance sheets, cash flow statements, and fund flow statements. They learn to generate financial reports, analyze financial performance, and make informed business decisions based on economic data.

Customization and Advanced Features

This section focuses on customizing Tally software to meet specific business requirements, including creating custom reports, forms, and templates. Participants learn to use Tally's advanced features, such as multi-currency support, multi-location inventory, and budgeting.

Tally Administration and Security

Participants gain insights into Tally administration tasks, including user management, data backup, and security settings. They learn to configure user permissions, set up data security measures, and ensure data integrity in Tally software.

Practical Applications and Case Studies

Participants engage in practical applications and case studies throughout the course to apply their knowledge and skills in real-world scenarios. They work on assignments, projects, and simulations that simulate common business challenges and tasks in financial management and accounting.

Final Assessment and Certification

After the course, participants undergo a final assessment to evaluate their understanding and proficiency in Tally accounting software. Upon completing the assessment, participants receive a certification from Ashish Academy and Techinaut Institute of Technology, validating their expertise in Tally.

CONCLUSION:

In conclusion, the Tally Course offered by Ashish Academy provides participants with advanced knowledge and practical skills in Tally accounting software. Through a comprehensive curriculum covering fundamental principles, advanced features, and practical applications in Tally, participants are equipped to excel in financial management and accounting. With its focus on hands-on training, practical applications, and real-world case studies, the Tally Course prepares participants to leverage Tally's capabilities effectively and contribute to organizational success in the dynamic and competitive business environment.