Tally Master Essentials

• In this course, you will learn to:
• Understand Core Accounting Principles: Build a solid foundation in accounting concepts, methods, and financial reporting practices.
• Master Tally Prime: Gain hands-on expertise in using Tally Prime for financial and inventory management.
• Develop Practical Bookkeeping Skills: Learn to record and manage day-to-day transactions including sales, purchases, payments, receipts, and journal entries.
• Handle Advanced Business Scenarios: Work with features like GST, multi-currency, manufacturing processes, POS, and remote access.
• Generate Financial Reports: Learn to prepare and analyze profit & loss statements, balance sheets, and other financial reports.
• Secure and Manage Data Efficiently: Understand Tally’s security features, user access controls, backup & restore, and data import/export.
• Enhance Employability: Equip learners with skills to work independently as accountants or support roles in finance departments or as Tally professionals.

• At the end of this course, learners will be able to:
• Demonstrate proficiency in Tally Prime to perform accounting, inventory, tax, and payroll functions.
• Manage business transactions using various voucher types including receipt, payment, contra, journal, and inventory vouchers.
• Create and maintain accounting and inventory masters like ledgers, stock items, godowns, and units of measurement.
• Generate and interpret financial statements and statutory reports including Trial Balance, Profit & Loss, Balance Sheet, Cash Flow, and Stock Summary.
• Handle complex features such as GST compliance, multi-currency transactions, manufacturing entries, batch-wise inventory, and POS billing.
• Perform data management operations including backup, restore, splitting, import/export, and migration.
• Implement user security protocols including administrative login, user roles, vault password protection, and access restrictions.
• Work on real-life case studies simulating business scenarios to apply practical knowledge of accounting and inventory.
• Use Tally for remote and browser-based access to manage business data from anywhere.

The academic approach of the course focuses on ‘work-centric’ education. With this hands-on approach, derive knowledge from and while working to make it more wholesome, delightful and useful. The ultimate objective is to empower learners to also engage in socially useful and productive work. It aims at bringing learners closer to their rewarding careers as well as to the development of the community.

• Step 1: Learners are given an overview of the course and its connection to life and work
• Step 2: Learners are exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
• Step 3: Learners are acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
• Step 4: Learners are acquainted with the architecture of the tool or tool map so as to appreciate various parts of the tool, their functions, utility and inter-relations.
• Step 5: Learners are exposed to simple application development methodology by using the tool at the beginner’s level.
• Step 6: Learners perform the differential skills related to the use of the tool to improve the given ready-made industry-standard outputs.
• Step 7: Learners are engaged in appreciation of real-life case studies developed by the experts.
• Step 8: Learners are encouraged to proceed from appreciation to imitation of the experts.
• Step 9: After the imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
• Step 10: Emulation is taken a level further from working with differential skills towards the visualization and creation of a complete output according to the requirements provided. (Long Assignments)
• Step 11: Understanding the requirements, communicating one’s own thoughts and presenting are important skills required in facing an interview for securing a work order/job. For instilling these skills, learners are presented with various subject-specific technical as well as HR-oriented questions and encouraged to answer them.
• Step 12: Finally, they develop the integral skills involving optimal methods and best practices to produce useful outputs right from scratch, publish them in their ePortfolio and thereby proceed from emulation to self-expression, from self-expression to self-confidence and from self-confidence to self-reliance and self-esteem!