Tally is one of the oldest accounting software that has been used and trusted for a long to handle financial activities from the small to large industry. With the latest update of Tally, it is now divided into two kinds of versions feature-wise named Tally Prime and Tally ERP 9. Tally has made major enhancements in the previous products. The updated version named Tally Prime has emerged with newly added features like inventory management system, GST calculation and filing, multi-location business system, payroll and statutory as well.
The changes have been made intending to make business operations more cutting edge that can bring greater flexibility and efficiency. As a commerce graduate, professional Tally would be highly beneficial for your career with its existing and newly added features. After completing your graduation in commerce either you are pursuing your career in finance and accounting or working as an accounting and financial professional. For both, purposes tally basic courses are useful for a complete career in accounting and finance.
Accounting works are all about handling various day to day financial needs and functions along with managing the whole year’s budget. Tally is included with various like voucher entry, bill tracking, ledger integration, financial report generation, controlling, auditing and budgeting. All these are a crucial part of an accounting job and the tally full course helps you to learn all these features of Tally that leads to a successful career.
Tally features that help in accounting and finance professionals:
Voucher entry
Voucher entry is the process of recording every transaction made for business purposes with details. This helps in keeping an exact and organized record of a diverse range of transactions of the business. The software itself also contains several different vouchers that can be used for different accounting purposes.
Ledger integration
Tally software is ingrafted with various kinds of ledgers that are needed for day to day business purposes. It has merged general ledger, sales ledger and purchase ledger into one. It has made several groups of the ledger to make the process easy. The unified ledger can help in data entering and record creation at the same time.
Bill-tracking
Accounts and finance professionals can easily track the bills, payment needs, adjustments made and new receipts. Keeping an exact record of these bills is crucial as the proof of the transaction and getting exact data while needed. You can learn this crucial part of accounting with tally basic courses.
Controlling, budgeting and auditing
As every transaction data can be entered in Tally that helps in automated report generation. These reports are mainly sought at the time of budgeting and decision-making. These reports depict the current financial situation of the business and this decides the next moves of the higher management. For auditing purposes, Tally is needed as you can check entire year’s at one time along with tracking the changes and making corrections.
Tally basic and the full course helps you to learn all these main and crucial parts of accounting. With the usage of software, the tasks are automated and human interventions are limited. This helps in eliminating errors in data along with making the finance operations faster. Your professional skills are developed and your productivity level increases.
Online Learning Information 