A Comprehensive Guide To Online Tally Course Details

February 17, 2024 Punam Chotia

Tally is an accounting software that is used to record the day-to-day transactions of businesses. To maintain the smooth running of business every Organisation needs to maintain it to avoid future discrepancies. Tally software is used for the detailed recording of all business transactions in each account. Tally has made calculations very simple and easy. It has become an important part of all businesses, and Companies. Tally is a complete system for company accounting and stock reading. In this article, aspirants can easily get all the necessary information regarding online Tally course details.

ONLINE TALLY COURSE DETAILS

Shyam Sunder Goenka and his son Bharat Goenka founded Tally Solutions in 1986. They started as Accounting Software from Peutronics Financial Accountant after the family’s cotton business was destroyed in a fire.

Tally Solutions Pvt. Ltd. is an Indian multinational Technology Company, that provides enterprise resource planning software. Its foundation was laid in Bangalore, Karnataka.

Do you Know Tally Stands for “Transactions Allowed In Linear Line Yard”? The Word “Tally” has to do with counting. It comes from the Latin word for “Stick”, and it is because people used to use it for counting.

Tally also means the sum up of many numbers, it can be the Total or the way of adding all the numbers. The brand new version of Tally ERP 9, is one of the most powerful and productive versions, that provides Companies with ERP, which proves to be a resource planner for enterprises.

Apart from accounting and day-to-day calculations, Tally can also perform work like handling transactions securely. Now, let’s read all the necessary details of Tally.

Also Check: Tally Courses in India

Online Tally Course Details

What is a Tally Course?

Tally is an accounting software that is very useful in calculations in small and medium businesses. This usually refers to trades that are allowed in the linear Yard. It helps one to perform banking, auditing, and accounting work smoothly.

Tally’s accounting features allow us to record business transactions instantly and easily. It helps one to manage all the most important accounting functions of a business.

Online Tally Course Details includes a 3 – 4 month program where one gets an in-depth knowledge of the how and what of the software and understands the concepts of inventory management, GST and TDS calculation, company’s data editing, etc.

Also, many companies use this software because it is easy to use and helps in maintaining error-free and uninterrupted records of a company’s accounts. This is a great opportunity for those who want to pursue a career in accounting. It is important to note that if one intends to complete a degree, then the online Tally course details may take more than 2 years.

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Features of Tally:

Tally is a powerful accounting software based on a technology called Simultaneous Multilingual Accelerated Technology Engine. It is one of the most easy-to-use software created simply for day-to-day business transactions. Let us now have a look at the Features of Tally and learn more about online Tally course Details.

The Income principle
The cost Principle
The conformity principle
The full disclosure Principle
The objectivity principle
The making of financial statement
Identification of error
The software allows the user to create and manage financial information. Such as ledgers, vouchers, and Journals.
It helps one to track inventory level, cost, and;’’’ revenue.
It allows and helps to set reorder points, generate invoices, and report.
Following the journal and ledger format
Verifying the accuracy of accounts
Maintaining books and accounts in proper format.

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Eligibility Criteria and Online Tally Course Details:

One must have passed 10+2 or equivalent in any stream to apply
This course is open for Graduates from any corner
Aspirants who want to pursue full Accounting should hail from a commerce background
Tally course opens a great opportunity for aspirants as it has a wider scope in the future
Tally course is beneficial for all field candidates whether it is Accounting, Finance, Business, or Business Management.
One must acquire basic knowledge of Accounting and Business Management
Students can also go for it after completing their graduation

Tally Course Fees and Duration:

The total course fee is low around INR 4000 for the basic courses and INR 8000 for Preparatory Courses. Thus, students looking to join the Tally course can easily join it without any financial hurdles, this Tally course is affordable.

One can learn a Tally ERP course in two months. In the first month, you will learn some basic concepts and in the second month you will learn some more advanced and conceptualized topics like GST, TDS, Service Tax Payroll, Advanced Accounting, etc

Syllabus and Core features of Online Tally Course Details :

Accounting – This is the most important feature of Tally ERP. Accounting is the first thing that comes to mind when we talk about Tally course details.

Invoicing – Invoicing or Billing is another important part of any or every Business entity and online Tally Course Details. When you post or enter any Accounting entry, an invoice is generated, simultaneously, which is further used to send or create an invoice. Mostly, people believe that Invoicing is a part of Accounting, which is not at all true when it comes to Business. Today’s Invoicing facility eliminates the need to enter separate Accounts at a time, which proves to be time-consuming and sometimes it’s confusing too.

Payroll – This feature is used when you have a large number of employees to deal with different tasks. Features like employee groups employee categories, salary managers, participants, and course employees are used and assigned the task to maintain Tally Salary.

Banking – In this age of digitalization, no business can survive without banking. Banking is an equally important feature of online Tally course Details and so of every business. With the help of Tally ERP, TDS, and GST both direct and indirect taxes can be calculated automatically and its returns are also filed online.

Taxation – A business should not operate in isolation to survive. The Company should cooperate with the state and the state pay the corresponding taxes. Calculating the taxes by revenue, sales, and shipping is quite stressful. Tally allows you to easily generate any invoice as it can include VAT, Income Tax, Excise Duty, Custom Tax Service Tax etc.

Inventory – Inventory maintenance is extremely important for any business. This is crucial because it gives better control over the Company’s Sales. So, stock movement is an integral part that can be controlled.

Concepts or Modules in Tally:

Basics of Accounting
Introducing Tally
Meaning of Company Registration and Account Opening in Tally
Opening a general account and creating a coupon.
Editing Company or Industry details
How to Determine Company Characteristics
Choice of expense category and expense location
How to create and how to maintain inventory
How to create a price and budget
A brief introduction to F11 and F12
How to prepare an Accounting Income statement
Introduction of Vat
Calculation of Sales Tax
Introduction to TDS
How to add Excise Duty and tax.

Topics Covered in Tally:

Basics of Accounting
Establishment of a Company
Ledger Printing of Checks
Bank Reconciliation credit limit
Theories of Taxation TDS
Data Synchronization cost categories and centers
Analysis of Inventory Vat and excise duty
Sales contract and production Voucher
Goods and Service Tax
Balance Sheet

Modular Online Tally Course Details:

TALLY.ERP9 Simplified

Volume IA

Accounting and Inventory Management getting started with Tally. ERP9 and basic features
Creating Master Tally.ERP9 Voucher Entry and Billing
Invoice – is information, Credit limits
Basics of Banking, Interest Calculation, Simple Interest Calculation
Cost Centers And Cost Categories
Reports in Tally.ERP9
Order Processing and Pre-closing Orders
Price Levels and Price lists
Point of Sale (POS)
Zero Entries
Actual and Invoiced amounts are different
A lot of specific information
Lists OF Materials

Volume II A

Basic Taxes
VAT
Service Tax
TDS
Service Tax (Retailers)
Service Tax (producers)
Additional Features

TALLY.ERP 9 Advanced

Volume I

Fundamentals of Accounting and Inventory

Volume II

Advanced Inventory and Technological Capabilities

Volume III

Fundamentals OF Taxation

Volume IV

Advanced Taxation

Volume V

Payroll And Advanced Features

Tally Online Certified Courses

Tally is one of the shortest professional training courses completed by working professionals. The course aims to give complete information about online Tally course details and to help the candidates achieve a level in Accounting, Bookkeeping, Inventory, Taxation, Recording, Invoicing, etc. The latest version of Tally software is Tally ERP 9. Here are some platforms that offer Tally Online Certificate Courses.

1. IIM Skills:

IIM Skills is a very popular and highly recommended online learning platform dealing in numerous and various professional courses. It offers several online Accounting Courses, GST Certification Courses, Tally Prime, and Tally ERP 9. Along with this IIM Skills also opens the doors of success for the candidates by providing them 100% placement.

Course Name: Tally Master Course

Professional Courses from IIM Skills

Digital Marketing Courses
SEO
Content Writing Courses
GST Rate
Technical Writing Courses
Economic Modeling Course
Investment Banking Course
Business Accounting And Taxation Course
CAT Training

2. Skillshare

Skillshare offers various programs for Tally beginners and professionals who want to learn compliance courses with GST and intermediate programs. These courses are available at a reasonable cost. It paves the way to a successful career for individuals looking for a bright future and offers candidates a Certificate of Completion.

3. Udemy

Udemy is another popular and renowned platform for Online Certification learning. It offers various courses like TallyPrime with GST, Tally Training, and Tally ERP 9: Complete Guide, and Fundamentals of GST Returns 2022. All these courses are available at INR 500 and can be accessed anytime and from anywhere in the world.

4. Institute of Electronics and Information Technology:

NIELIT is a board that offers challenging long-term and short-term certificate courses in various fields, to candidates. To experience the scope and depth of Tally Certification courses one needs to be a part of the Institute. These Institutes offer a two-month Tally Course Program, for high school students, graduates, and emerging professionals.

5. Coursera:

Coursera is an online learning academy that serves online accounting courses with various other related conceptual fundamentals. It offers Accounting Certification Courses from top universities such as the University of Pennsylvania, the University of Virginia, Irvine, the University of California, etc.

6. Internshala:

Internshala offers online accounting courses with GST and TallyPrime detailed courses.

Best Tally Course Syllabus

Tally Essential

Level 1(Recording & Reporting)

Accounting Basics: An Introduction to Tally Prime
Accounting: Book-Keeping and Accounting
Banking: Preparation of Financial Statements
Data Security: Management of Company Information

Level 2( Compulsions & Requirements)

Inventory and Classifications
Sales Order Management: Purchase Overhead
Cost/Profit Management: Budgets
Create And Print Reports

Level 3(Tax & Compliance)

Goods and Service Tax
Company Data Management
Using TDS Tally: Basics of TDS, Introduction to Capital for Businesses
Introduction to TDS
Determination of TDS at Various Levels
Basic TDS Transactions
Advanced TDS Transactions (Part A)
Advanced TDS Transactions (Part B)
TDS Payment to the Department
TDS Reports
Calculation Simplified

Volume IA

Making Tally Champions: Using Voucher
Billing Categories: Accounting Management
Start with Tally Basics
Basics of Calculating Interest

Volume 2A

Additional Features: TDS
Count Comprehensive
Basic Taxes

Volume I

Accounting and Inventory Fundamentals

Volume II

Advanced level of Inventory & Technological Capabilities

Volume III

Basics of Taxation

Volume IV

Taxation advanced features

Volume V

Payroll and advanced features

Online Tally Course Details Syllabus – Subjects to Study

Accounting
Taxation
Billing
Payroll
Banking
Inventory

Tally Courses Recommended for Beginners

Course Name

Tally ERP9: A detailed course for beginners to Advanced Accounting (Provider – upgrade Academy, Course fee: INR 1,280)
Tally ERP9 Basics to Advanced Training Course 2023 (Provider – upgrade Academy, Course fee: INR 3,499)
Tally Prime Courses for Beginners (Provider – Udemy, course fee: INR 1,280)
Tally Online Course (Provider – Tally School, Course fee: free)
Tally ERP 9 for freshers (Provider – Tally School, Course fee: free)
Tally ERP 9 Beginners to Advanced Online Course – Hindi (Provider – Letsute, Course fee: free)
Tally Prime Basics with Advanced Accounting (Provider – Tally Brains, Course fee: Free)
Tally ERP 9 High-Level Expert Course (Provider – TallyTraining.in, Course fee: Free)
Advanced Accounting with Tally.ERP9 (Provider – NIIT, Course fee: N/A)

Tally Course Online Syllabus

Course Name

Tally ERP 9 + Tally Prime + Microsoft Excel Training: Coursera, INR 3,499
Fully detailed and Complete Tally ERP 9 (GST) Course + Live Project 2022: UpGrad, INR 3,599
Ultimate Tally Prime with GST step-by-step Guide – 2022: Udemy, INR 1,280
Stock Management Using Tally: TallyTraining.in, INR 720 + GST
Managing Accounts Receivable and Accounts Payable Using Tally: Tally Education .com, INR 720 + GST

Tally Course Curriculum

Enlisted are a number of the critical modules or subjects that shape an important part of the Tally course:

Accounting fundamentals
Goods And Service Tax (GST)
Company Formation
Balance Sheet
LEdgers
Printing of Cheques
Bank Reconciliation
Credit Limit
Principles of Taxation
TDS and its Calculation
Data Synchronisation
Cost Categories and Centers
Stock Analysis and Transfer
Understanding VAT and Excise Duty
Sales And Purchase Order Processing
Contra, Journal and Manufacturing Voucher
Master – Ledgers
Master – Journal
Pre-allocation of Bills
Day books in Tally
Payment And Receipt Voucher
Billing Features in Tally
GST Returns and Payment
Price List in Tally
Credit and Debit Notes
Manufacturing Vouchers
Batch wise Details
Point of Sales
Reorder level Entry
Search, Filter, and Sorting
Cash and Bank Reports
Scenarios and Optional Vouchers
Price – list in Tally
Shortcut keys
Miscellaneous

Tally Courses Certification Colleges

Here are some colleges from India that offer Certified Accounting Courses to students from all over the World.

Institutes of Computer Accountants, Mumbai
Madras Christian College, Chennai
Sant Gadge Baba Amravati University, Amravati
Mother Teresa College, Kerala
Bhopal School of Social Sciences, Bhopal
Women’s Christian College, Chennai
YMCA Institute of Office Management, New Delhi
Vikram University, Ujjain
Indo-Asian Academy Degree College, Bangalore
Swami Swatantranand Memorial College, Gurdaspur

A Detailed Tutorial for Tally

Basics of Accounting Account types, accounting tools, accounting Principles and accounting, double entry system, financial statements and transactions among other things.
Basics of Tally ERP 9: How to adopt Tally ERP 9
Accounting features in Tally ERP 9: Accounting masters F11, F12: Settings and settings-related concepts
Stock in Tally ERP 9: Concepts of stock groups, stock lots, stock categories and unit of measure, national dealer stock creation etc.
Invoice entries in Tally ERP 9: Document Entries Concept related to Billing, Stock Cards and Accounting receipts.
Advanced Accounting Tally ERP 9: Billing Specific Information, Cost Categories and Centres.
Advanced Inventory in Tally ERP 9: Advanced Inventory, Order Processing, Reorder levels, Bills of materials, Inventory Valuation, Inventory Obsolescence Analysis.
Central Sales Tax (CST): Basics OF CST, enabling it in Tally ERP 9, payment of CST generating Central Sales Tax Reports etc.
Point of sale (POS): POS features tally ERP 9, Featuring Tally ERP 9 and configuring point of sale.
Job Costing: How and where to set up costing and create basic job costing master models and create job costing reports and ways to enter and record transactions.
Multilingual features configuring Tally ERP 9 for multilingualism.
Generating Tally ERP 9 reports
Service Tax, Basics of Service Tax, Setup Tally ERP 9 for Service Tax.
Tax collected by TCS and setup of Tally ERP9 for TCS
Payroll and Compliance, integrating Payroll in Tally ERP 9

Key Benefits of the Online Tally Course Details

It is mobile – pleasant
This online platform provides a certificate education Program
It provides fast placement Assistance
The Enterprise specialists deliver real finger experience
It is a beginner-pleasant route
One can get admission to their LMS for a lifetime
Tally Training.in: Tally training .in gives one of the first-rate Tally courses
Effective lessons (subjects are defined via a step-by-step system in a completely easy and simple language)
The route gives films and e-books (options like video tutorials in Hindi and e-book route fabric in English)
It gives a deliberate curriculum (the complete Tally online route is designed to fulfill the necessities of the enterprise).
After the final touch and aimed achievement of the route, they provide Certificates to the learners.

Career Prospect with Tally

After completing a professional software course like Tally, the scope for a candidate, to get an Accountant position in an MNC or corporation of their own choice will increase exponentially at a superfast pace. Here are the top career-boosting opportunities, a Tally course detail expert can explore after completing the Tally course:

Accountant

Accounting Assistant

Account & Tax Assistant

Accounts Manager

Accounts & Finance Manager

Finance Controller

Tally Operator

Tally Manager

Tally Accounts Manager

Accounts Services coordinated with Tally

Junior Accountant Tally

Tax Accountant

Tax Consultant

Investment Banker

Analyst at Financial Tally

Top Companies Recruiters for Tally Certification Professional

Accenture
IBM India
Genpact
Wipro
Reliance Industries
Deloitte
PriceWaterCoopers
Ernst and Young
KPMG
Grant Thornton International
RSM Grip
Smith and Williamson
BDO International
SS Kothari and Mehta
Agrawal and Associates

Professional Salary After Tally Certifications Courses

Wondering what is the profit of Tally? A question at this stage must be arising in the reader’s mind “What Salary a Tally Certified Professional can expect?” So, we must know that the common profits of Tally graduates for Tally Certification holders lie between INR five lakh to Ten Lakhs. A Tally Professional is no less than any other Certified Professional. The big hole in the bracket is due to the numerous certifications that can be had inside the market.

Upon Incomes a Foundation or an intermediate degree Certification in Tally, applicants could be capable of earning an annual package deal of INR 2,00,000 to 4,00,000. Whereas, the applicants who pursue a Complicated Degree Tally Course/degree and get certified as a Tally expert, earn increments with the beginning profits package deal of around INR 5,00,000 – 7,00,000 and earn extra with exercise and revel in this discipline of study.

FAQs

Q. What is the impact of Tally Certifications?

Tally Certification enables one to grow to be an Accountant. It additionally presents task possibilities within the public and personal sectors.

Q. Is Tally hard to analyze?

No, it’s far too smooth to analyze. It is an Accounting Software, program that enables to manipulation of accounts

Q. What are the prices for this Tally Path?

The prices for the Tally Certified courses vary between INR 3,000 to 10,000.

Q. What are the Professional possibilities after finishing the tally certification path?

A Tally certified candidate can easily find opportunities for inspectors like Enterprise Consultancies, MNCs, Educational Institutes, Authorities organizations, and personal sectors.

Q. Can college students with a Biological background get Tally Access?

Yes, College students from Biological backgrounds and technological streams can analyze Tally to feature some other accomplishment of their task profile.

Conclusion

Hence, we can easily conclude that Tally software and its Certified Programs pave the way to a bright and highly challenging future. Along with this one can make ample choices in making correct decisions related to their career goal. Tally Prime 2.1 is the latest version of Tally, it was released in March. This version of Tally Prime has an edit log and digital signature, which were not available in Tally earlier.

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