itech

Tally

Tally Course

Tally Course

From keeping a track of expenses and deciding about investments to calculating profits, accounting plays a fundamental role in every business. However, quite often, the records either get misplaced or have errors when recorded manually. This can lead to data discrepancy and will not give a clear picture of the financial health of the business. Using software like Tally is an ideal solution for tracking the business efficiently. Used by scores of small and medium enterprises, Tally has become a popular software for record-keeping and accounting purposes. This has in turn lead to Tally becoming one of the most popular Computer courses after 12th Commerce! In this blog, we will elaborate on the intricacies of the Tally course, eligibility criteria you need to fulfil as well as the job opportunities you can explore.

Diploma In Accounting (Tally)

  1. Accounting Concepts
  2. Computerized Accounting
  3. Chart of Accounting
  4. Vouchers, Invoicing
  5. Inventory Masters
  6. Inventory Vouchers
  7. Bill Wise Details
  8. Petty Cash
  9. Bank Reconciliation
  10. Interest Calculation
  11. Taxation (VAT, TDS, FBT, Service Tax)
  12. Analysis & Reporting
  13. Balance Sheet
THIS BLOG INCLUDES:
  1. What is Tally?
  2. What is a Tally Course?
  3. Tally Course: Eligibility Criteria
  4. Tally Course: Fee and Duration 
  5. What is the Syllabus of the Tally Course?
  6. Important Concepts of Tally Course Syllabus 
    1. Billing
    2. Banking
    3. Taxation 
  7. Syllabus of Tally Courses 
  8. Tally Courses for Beginners
  9. Online Certificate Courses for Tally
  10. Colleges for Certification in Tally Course 
  11. Certificate Tally Course VS Diploma Tally Course
  12. Job Prospects
    1. Job Profiles
    2. Top Companies
  13. Salary After Tally Courses
  14. FAQs

What is Tally?

Transactions Allowed in a Linear Line Yards or 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. It is important to note that if you are planning to get a diploma certificate, then the course might extend to more than 2 years.

Tally Course: Eligibility Criteria

Be it GST certification courses or short term courses in Finance, there are certain set parameters which you need to fulfill in order to proceed with the program. Here is the eligibility criteria for pursuing a Tally course:

  • You must have completed secondary education, i.e. 10+2 or equivalent (preferably in Commerce stream though candidates from any stream can apply)
  • Basic knowledge of Business Management and Accounting is preferred.
  • You can also apply for this course after you finish your graduation. It will act as a professional boost if you are planning to get a job in the field of Accounting. 

Tally Course: Fee and Duration 

Generally, the duration of Tally Course ranges around 1-3 months. But the Tally course duration varies from one academic institution to another. Somewhat similar situation is there with the fee of the course as well. Usually, Tally courses can be pursued within 8,000- 10,000. but it can vary as per your choice of course and academic institution.Accounting ConceptsMBA in AccountingAccounting Courses in CanadaDiploma in Financial 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

Important Concepts of Tally Course Syllabus 

As we are equipped with the basic knowledge about Tally courses including eligibility and their average duration, let us now take a look at what all are the major concepts that are involved in the syllabus of Tally course- 

Billing

Building is a common day-to-day phenomenon as well as an essential part of accountancy. Whenever you pass an accounting entry, simultaneously a bill is made which has multiple further uses. 

Banking

banks have now become an essential part of our businesses. In this era, it is close to impossible to run a business without the involvement of banks and its policies. With the help of concepts like TDS, GST, Tally ERP; candidates will learn how direct and indirect tax can be calculated. 

Taxation 

For a business to become flourishing, it is important to be in cooperation with Central as well as State Government. To get a better hold over this, Tally course will familiarise you with insights on VAT, Excise, Income, Customs, etc. 

Syllabus of Tally Courses 

Now that you are aware of some major topics that are common to a variety of tally courses, tabulated below is the semester wise syllabus of popular Tally courses- 

Tally Simplified 

Volume 1A-Creating Masters in Tally voucher entry and invoicing cost centres and cost categories
-Accounting and inventory management
-Getting started with Tally and fundamental features 
-Basics of banking interest calculation and simple interest calculation 
-Point of sale Different actual and billed quantities
Volume 2A-Essentials of taxation
-Service Tax Excise (dealer and manufacturer) and Advanced features
-TDS

Tally Advanced

Volume IFundamentals of accounts and inventory
Volume IIAdvanced inventory and technological capabilities
Volume IIIFundamentals of transaction

Tally Advanced Taxation 

Volume IV Advanced taxation
Volume VPayroll advance features

Tally Comprehensive 

Volume IFundamentals of accounts and inventory
Volume IIAdvance inventory and technological capabilities
Volume IIIFundamentals of taxation
Volume IVAdvanced taxation
Volume VPayroll and advanced features

Tally Courses for Beginners

Learning tally is not a hardship and is short-term taken by professionals in the field of business, management and finance. Beginners can either opt for professional courses offered by top institutes or try their hand at the software with free guidance- videos and blogs available across the internet. There are various online, short-term courses for Tally software that can boost your career and give you a headstart. 

Online Certificate Courses for Tally

Tally is amongst the most short-term professional courses undertaken by graduates or working professionals. The course is designed to help candidates gain a level of proficiency in the field of accounting, bookkeeping, taxation, inventory management, billing and so forth. The latest edition of tally software is Tally ERP 9. Here are some platforms that offer online certificate courses for Tally-

  • Skillshare: Skillshare offers a number of programmes for Tally for beginners, for professionals who wish to learn about tally courses with GST and tally for intermediate level. These courses are available at reasonable prices and provide candidates with a certificate of completion.
  • Udemy: Udemy is another popular online platform for learning. It offers a range of courses for tally such as TallyPrime with GST, Training in Tally, Tally ERP 9: A complete guide and GST Returns 2022. All these courses are available for under INR 500 and can be accessed from anywhere in the world.
  • National Institute of Electronics & Information Technology, Kohima: NIELIT Kohima is a government that offers short-term and long-term certificate courses in a number of disciplines. The body offers a 2-month course in Tally for high graduates, graduates and professionals. 
  • Coursera: Coursera is an online learning platform that offers online accounting courses by top universities such as the University of PennsylvaniaUniversity of VirginiaUniversity of California, Irvine etc. 

Colleges for Certification in Tally Course 

Here are some colleges across India that are offering students certified Tally Course. 

  1. The Institute of Computer Accountants, Mumbai
  2. Madras Christian College, Chennai 
  3. Sant Gadge Baba Amravati University, Amravati
  4. St. Teresa’s College, Kerala 
  5. Bhopal School of Social Science, Bhopal
  6. Women’s Christian College, Chennai 
  7. YMCA Institute of Office Management, New Delhi 

Certificate Tally Course VS Diploma Tally Course

Let us now understand the difference between a certificate Tally Course vs a diploma Tally Course via this table that has been provided below. 

Points of differences Certificate Tally Course Diploma Tally Course
Level type Certificate/ Certification LevelHigher Secondary Certificate (HSC)
Duration 2-4 months 1-2 years 
Background StreamCommerce Commerce 
Focus The focus here is more on the concept of accounting, accounting practices and analytical skills to solve problems.The focus here is much more on the Accountancy as a sector itself in big organisations, banks and MNCs
Eligibility 10+2 with commerce 10+2 with commerce securing a minimum of 50%

Job Prospects

Once you finish a professional course in software like Tally, your chances of getting hired for the job profile of an Accountant by a multinational corporation or a company of your own choice will increase exponentially. Here are the major career prospects you can explore after finishing a Tally course:

Job Profiles

  • Accounting Clerk
  • Accounting Associate
  • Accounts Assistant 
  • AccountsExecutive 
  • Accounts Officer 
  • Accounts Supervisor 
  • Tally Operator
  • Tally Accounts Manager
  • Tally Accounts Executive 
  • Service Coordinate with Tally
  • Tally Junior Accountant
  • Tax Accountant
  • Bookkeeper
  • Investment Banker
  • Financial Tally Analyst

Top Companies

  • Accenture
  • IBM India
  • Genpact
  • Reliance Industries
  • Deloitte
  • PricewaterhouseCoopers
  • Ernst & Young
  • KPMG
  • Grant Thornton International
  • RSM Tenon
  • Smith & Williamson.
  • BDO International
  • SS Kothari & Mehta

Salary After Tally Courses

Wondering What is the salary of tally? The average salary of Tally graduates for tally certification holders lies between INR 5 Lakhs to 10 Lakhs. The huge gap between the bracket is because of the various certifications that are available in the market. Upon earning a Foundation or an Intermediate level certification in Tally, candidates will be able to earn an annual package of INR 2,00,000- 4,00,000. Whereas, the candidates who pursue an advanced level Tally course/diploma and get qualified as a Tally expert, earn increment with the starting salary package of around INR 5,00,000- 7,00,000 and earn more with practice and experience in this field of study. 

Credits – City Commerce Academy

FAQs

Which tally course is best?

Tally ERP 9 is considered to be a secure and difficult to hack by most of the companies. Therefore a tally course which teachers ERP 9 is the best one in the market.What is the benefit of Tally course?

Tally course is helpful for stock experts and accountants. This course helps in understanding the significance and utilization of job arrange preparing and job costing.Is tally difficult to learn?

No, the tally is not difficult to learn. It is simple accounting software which helps in the accounts management. Students belonging to commerce as well as non-commerce fields can use it easily.