Tally courses have been in demand for a long time. Tally courses consist of a program that helps in understanding the software in-depth and learning concepts related to inventory management, TDS, GST, and modifying companies’ details after tallying the data available. Tallying data is one of the best ways a company can keep its record of accounts error-free and glitch-free. These courses can be an excellent option for people who want to make a career in accounting. This article will familiarise you with the 5 advanced tally courses.
Tally is a useful and efficient accounting software that is used to make calculations at every level of business. Tally usually stands for Transactions Allowed in Linear Line Yards. This software can be used to do all the Banking, Auditing, and Accounting work for a business firm. Tallying can be a very beneficial tool for all the accounting operations of the business.
It helps in recording business transactions easily and efficiently by maintaining vouchers and generating reports. Tallying can be considered as a complete package for inventory management and business accounting.
There are certain features of tally that one should keep in mind before pursuing some tally or advanced tally courses. The features can be explained as the following:
- Financial Management- Financial management is an important feature of tally which provides businesses with financial tools to keep a check on their financial activities and strategies to make informed decisions by evaluating financial reports and transactions.
- Inventory Management- Tallying can be a very useful software in helping businesses to manage their inventory efficiently. It helps in maintaining stock levels, carrying out purchase orders, recording sales, and recording purchases, etc. Tallying can also be used by businesses to avoid overstocking or understocking by setting up different units of measurement.
- Security- Security can be a main feature of tally as it helps in generating passwords for protection, auditing, and data encryption to ensure full safety and confidentiality of financial data.
- Project Management- Tally software can be used to track and manage projects. It can be used to set deadlines and budgets which are necessary to finish the projects in the given time.
- Accounting- Accounting is a very basic requirement for every type of business. It involves maintaining financial records like ledgers, vouchers, and journals. Tally software helps businesses do the same and also maintains balance sheets, profit and loss statements, trial balances, etc. It supports different currencies and helps businesses deal with international transactions.
These are some of the basic features a tally software fulfills in a business. People can consider doing some advanced tally courses if they want to get the hang of this career option for the future. The advanced tally courses which are worth doing can be the following:
1. IIM SKILLS-
IIM SKILLS is one of the best options for doing certified master courses with live online training. They have been ranked at a great spot for their various types of courses. Along with their courses being one of the best, they provide many benefits or perks after the completion of the course. Their mentors are well-reputed to assist in distinct areas like finance, writing, management, etc.
They offer a certified Master Tally Course with practical and hands-on assignments and projects. They provide an internship opportunity after completion of the course which helps in providing placement for the students in the future.
Course name: Tally Master Course
Rating: 4.5/5
Mode of delivery: Online classes
Course duration: 1 month
Course fees: INR 2,900 + 18% GST
Core Modules:
Module 1– Business Accounting
Basics of Accounts
Accounting Standard (GAAP)
Types of Accounts
Module 2- Advance Tally ERP 9 and Tally Prime
Basics of Tally
Creation / Setting up of Company in Tally
Creating Accounting Masters in Tally
Setting up Accounts Heads
Group & Ledger Creation
Voucher Entry
Debit & Credit Note
Creating Inventory Masters in Tally
Module 3- Advanced Accounting in Tally
Recording of Transactions
Inventory Management
Bill Wise Details
Cost Centre and Cost Categories
Invoice Entry using voucher categories
Payment vouchers
Stock Journal
Adjusting Forex Gain / Loss
Bank Reconciliation
Interest Calculation
Creating a Group Budget
Order Processing in Tally
Sale / Purchase order processing
Display columnar orders and stock Details
Reorder Levels
Tracking Numbers
Bill of Materials
Price Levels & Price Lists
Stock Valuation
Depreciation Entries
Preparation of Trading and Profit & Loss
Preparation Account Balance Sheet
Balance Sheet Review/ Analysis
Ratio analysis
Columnar Report Review/Analysis
Shortcut Keys
Perks:
Recognized master certification
20 hours of self-learning
20 hours lectures
60+ hours of practical assignments
Software tools
Internship opportunities
Dedicated placement cell
Contact details: info@iimskills.com
2. Udemy-
Udemy is a well-known website that provides various online courses with live classes. They provide great perks post-completion of their courses. Udemy’s advanced tally courses are a complete guide to all the necessary topics ranging from cost center, job costing, taxation, stock, etc. Udemy provides the best-rated advanced tally courses which can be done to understand accounting and tallying perfectly.
Course name: Tally ERP 9 with GST Complete Advance Course
Rating: 3.6/5
Mode of delivery: Live online classes
Course duration: 13.5 hours on-demand video
Course fees: INR 1,999
Core modules:
Module 1- Introduction of course
Module 2- Basics of Accounting
Basics of Accounting and Benefits
Accounting Terms and Definitions (Part 1)
Accounting Terms and Definitions (Part 2)
Concept of Account, Debit & Credit
Accounts Types and Definitions
Three Golden Roles of Accounting
Examples of Different Business Transactions (Part 1)
Examples of Different Business Transactions (Part 2)
Module 3- Introduction of Tally
Download Tally Software and Installation
Interface of Tally and Create New Company
Open Close Alter Company Detail and Tally Vault
Module 4- Accounting Masters
Chart of Accounts
Create Accounting Groups
Create Accounting Ledgers
Module 5- Inventory Masters
Create HSN Classification or Codes
Unit of Measure
Stock Groups
Stock Items
Module 6- Accounting Vouchers
Contra Voucher
Receipt Voucher
Journal Voucher
Sales Voucher
Sales voucher in Invoice Mode
Invoice or Bill Printing
Sales Invoice Printing after Save
Purchase Voucher
Voucher Numbering – Advance Mode (Part 1)
Voucher Numbering – Advance Mode (Part 2)
Module 7- Outstanding Reports
Post Dated Vouchers
Bill wise Detail
Advance Payment Adjustment
Print Outstanding Report
Module 8- Banking in Tally
Alter Banking detail
Import Bank details from Excel
Cash and Cheque Deposit Slip
Payment Advice
Bank Reconciliation – Manual
Bank Reconciliation – Manual 2
Bank Reconciliation – Auto
Cheque Register
Module 9- Implement Goods and Service Tax
Basic Understanding of GST
Dual GST Model Example
IGST Model Example
Steps to Implement GST in Tally
Enabling GST in Tally
Update Stock Items
Create Sales Ledgers
Restrat Invoice Numbers
Update GSTIN in Party Ledgers
GST Output
Purchase and GST Input Ledgers
Sales Voucher Local (SGST + CGST)
Sales Voucher Inter-State (IGST)
Sales of Service
Purchase
New Company with GST – Part 1
New Company with GST – Part 2-1
New Company with GST – Part 2-2
New Company with GST – Part 3
RCM on Advance Payment to URD-1
RCM on Advance Payment to URD-2
RCM on Advance Payment to URD-3
RCM on Advance Payment to URD-4
RCM on Advance Payment to URD-5
GTA Reverse Charge
Sales – NIL Rated
Sales to Consumer
Sales Return
Purchase Return
Import of Service
Sales – Export
Journal Voucher Adjustment
Payment of GST
Challan Reconciliation
Transfer of Tax in GST
Checking of GSTR – 1
Checking of GSTR – 2
Prepare GSTR
Sales for Retail Shop – POS
Sales with Packing & Freight
Module 10- E-way bill in GST
Introduction of E-way Bill
How to Generate E-way Bill on Portal
Generate E-way using Tally
Perks:
13.5 hours on-demand video
2 downloadable resources
Access on mobile and TV
Full lifetime access
Certificate of completion
Contact details: info@udemy.com
3. MKCL-
MKCL is another website offering advanced tally courses with a wide range of course modules. In this course, the students can get a holistic learning experience with in-depth knowledge about various types of accounts, and transactions. With this tally software one can maintain all the accounts and do the necessary accounting jobs like taxation, payroll accounting, etc.
Course name: KLiC Advanced Tally Pro
Rating: 4/5
Mode of delivery: Online classes
Course duration: 2 months
Course fees: INR 5,000
Core modules:
Module 1- Advanced Accounting
Cost centers and cost categories
Module 2- Interest Calculations
Activating interest calculations
Interest on Outstanding Balances
Ledger Interest
Interest on Invoices, Interest parameters
Debit note interest
Calculating interest in advanced mode
Module 3- Budgets and Controls
Budgets Introduction, Activation, and Types
Closing Balance Budget
Ledger Budget Report
Cost Centre Budget & Report
Basic Knowledge of Standard Costing
Ratio Analysis, Cash Flow, and Funds Flow
Module 4- Job Costing
Features of Job Costing
Activation
Recording job costing related transaction
Reports
Module 5- Job Work Order
Activation
Voucher-type setup for job workout/in
Job order processing
Module 6- Advanced Payroll
Payroll & Statutory Details
Income Tax
Module 7- GSTR 1,2,3B
Returns summary
Computation details
Summary of exceptions
Table wise GSTR 1, 2, 3B
Status reconciliation
HSN summary
Exporting GSTR 1, 2, 3B
Module 8- Access Controls & Security Management
Enabling Security Control
Defining Security Level
Create Users
Module 9- Data Synchronisation
Reports, Types, and Trial Balances
Module 10- SMS
Introduction
Configuration
Module 11- Control Centre
Control Centre
Support Centre
Perks:
Certificate of completion
Nationally recognized
Easily accessible
Contact details: mkcl@mkcl.org
4. TechVidya-
TechVidya offers a Tally Master Program in which the students can learn complex theory with the help of concepts and assignments in an easy way. With this program, one can have in-depth knowledge of the modules of Tally and Accounting and develop new skills.
Course name: Tally Master Training Program
Rating: 4.7/5
Mode of delivery: Live online classes
Course duration: 40-42 hours
Course fees: Free
Core modules:
Module 1- User Interface and Company Management
Introduction to Tally Prime
Installing Tally Prime License Server
Creating a Company
Data Path for Tally Prime Companies
Altering and Deleting Company
Gateway of Tally and User Interface
Module 2- Accounting Master Ledgers
Understanding Ledgers
Creating Ledgers
Creating Multiple Ledgers
Altering and Deleting Ledger
Practical Examples
Module 3- Accounting Master Groups
Understanding Groups
Creating Groups
Altering and Deleting Groups
Practical Examples
Module 4- Bill wise Debtors and Creditors Ledgers
Using Practice Files
Configuring Bill-wise Details
Examples of Creating Bill-wise Ledgers
Bill wise Reporting
Module 5- Accounting Vouchers
Vouchers Configuration
Using of Voucher in Double Entry Mode
Contra Voucher
Payment Voucher
Receipt Voucher
Journal Voucher
Voucher Class & Configuration
Module 6- Cost Centers and Cost Categories
Understanding & Implementation of Cost Centres
Practical Examples
Understanding & Implementation of Profit Centres
Practical Examples
Cost Centre & Category-wise Reporting
Module 7- Budget and Control
Budget Masters and Configuration
Budget Reporting and Analysis
Practical Examples
Module 8- Multi-Currency
Configuring & Implementation of Multiple Currencies
Entries for Foreign Transactions
Forex Gain and Loss
Fluctuation Reporting
Module 9- Interest Calculation
Activating & Implementation of Interest Calculation
Simple & Compound Interest Calculation
Aging wise Outstanding Report
Interest Receivable & Payable Report
Practical Examples
Module 10- Credit Limit
Configuration & Implementation of Credit Limit
Credit Limits for Customers
Practical Examples
Module 11- Reversing and Optional Vouchers
Reversing & Optional Voucher Management
Reversing & Optional Voucher Reporting
Practical Examples
Module 12- Banking Feature
Auto Cheque Printing
Bank Reconciliation Process & Implementation
Banking Report
Negative Balance Report
Module 13- Other Accounting Feature
Zero-Valued Entries
Multi Mailing Address
Company Logo
Module 14- Inventory Master Creation
Stock Group & Category
Stock Item
Unit of Measure
Godown Creation & Reporting
Voucher Type & Class
Drawing Balance Sheet
Module 15- Inventory Vouchers
Sales & Purchase
Debit Note & Credit Note
Stock Journal
Manufacturing Journal
Physical Stock
Module 16- Billing Features
Zero Valued Entries
Different Billing and Actual Quantity
Additional Cost of Purchase
Discount Column on Invoice
Module 17- Price Level & Price List
Price Level & Listing Masters & Implementation
Customize Price Level
Customize Price Listing
Practical Examples
Module 18- Purchase Order Processing
Purchase Order Process
Purchase Order Voucher with Examples
Receipt Note (Inventory) with Examples
Rejection-Out Voucher with Examples
Pre-Closure of Order
Module 19- Sales Order Processing
Sales Order Process
Sales Order Voucher with Examples
Delivery Note (Inventory) with Examples
Rejection-IN Voucher with Examples
Pre-Closure of Order
Module 20- Manufacturing Vouchers
Bills of Material
Voucher Class for Manufacturing & Implementation
Stock Transfer & Journal
Computation of Manufacturing Cost
Job Costing
Practical Examples
Module 21- Re-order Level & Closing Stock Valuation
Understanding and implementation of Re-Order Level
Importance of Re-Order Level
Re-Order Level Reporting
Understanding Closing Stock Valuation
Calculation of Closing Stock as per FIFO, LIFO & Avg. Cost
Module 22- Batch Wise Details
Understanding Inventory Batches
Implementation of Batch Details
Practical Examples
Module 23- Printing Configuration
Sales Invoice
Letter of Confirmation
Printing Payment and Receipt Vouchers
Printing Various Other Reports
Printing Configuration in Tally
Printing Financial Reports
Module 24- TDS
Introduction to TDS
Feature & Configuration of TDS
Creating TDS Masters
TDS Rates & Threshold Limit
Implementation of TDS Transactions
Understanding Challan 281
Payment of TDS
TDS Returns (Salary & Non-Salary)
Live Session on TDS Return
TDS Report & Extraction of Report
Module 25- GST
Introduction to GST
Feature & Configuration of GST
Creating GST Masters
Understanding Place of Supply
IGST, SGST & CGST Classification
Implementation of GST Transactions
Understanding of the Composition Scheme
Reverse Charge Mechanism under GST
Unregistered Dealer Supply
Import & Export of Goods
Nil Rated, Exempt, SEZ & Deemed Export
Adjustment of Tax Credit
Generating E-Way Bill
GST Payments
Types of Return (Registered & Composition Dealer)
Filing of GST Returns
GST Report & Extraction of Report
Module 26- TCS
Introduction to TCS
Feature & Configuration of TCS
Creating TCS Masters
TCS Rates & Threshold Limit
Implementation of TCS Transactions
TCS Payment & Returns
TCS Report & Extraction of Report
Module 27- Payroll
Introduction to Payroll
Creating Payroll Masters
Generation of Employee Database
Salary Structure – Attendance & Leave Calculation
Accounting for PF, ESI, and other Compliances
Accounting for Income Tax
Processing Payroll
Payroll Reports
Module 28- Data Sharing
Backup and Restore
Split Company Data
Import & Export of Data
E-Mailing
Synchronization of Tally Data
Module 29- Data Security
Security Control Setup
User Security Control
Password Policy
Module 30- Miscellaneous
Inserting Vouchers
Duplicating Entries
Split Company Data
Merge Tally Companies
Module 31- Finalisation & Reporting
Finalization Process
Depreciation Entries
Balance Sheet as per Schedule VI
Profit & Loss Account as per Schedule VI
Trial Balance
Stock Summary
Ratio Analysis
Module 32- Projects & Interviews
Covering all the concepts
Project Work
Resume Preparation
Interview Question Preparation
LSMW
Perks:
Certificate of completion
Certified & experienced trainers
100% job assistance
Contact details: info@techvidya.education
Check here the other best Tally courses:
- Tally Courses in India
- Tally Courses in Mumbai
- Tally Courses in Delhi
- Tally Courses in Chennai
- Tally Courses in Kolkata
5. Tally Academy-
Tally Academy is known to offer a Tally Training Program and a Tally Certification Program. These courses are beneficial to provide in-depth knowledge about tally accounting software.
Course name: Tally Professional Certificate Program
Rating: 4.5/5
Mode of delivery: Live online classes
Course duration: 2 months
Course fees: Free
Core modules:
Module 1- Basics of Accounting
Module 2- Fundamentals of TallyPrime
Module 3- Processing Basic and Advanced Transactions in Tally
Module 4- GST for Goods
Module 5- IGST
Module 6- TDS
Module 7- GST for Services
Module 8- Payroll
Perks:
Certificate of completion
Certified training
Professional mentors
Contact details: info.tallyacademy.in
Tally Job Positions
There Are Various Job Positions That Can Make a Great Career Option After Doing These Advanced Tally Courses. The High-paying Jobs One Can Aim for Can Be as Follows:
- Tally Operator-
The job of a tally operator is very important for tallying purposes. They provide help in financial and accounting activities like job costing, managing inventory, managing stock, making profit and loss statements, estimating profit, setting a budget, making a balance sheet, etc. These are some of the roles of a tally operator which makes it an important position for every business.
Skills required:
Analytical skills
Communication skills
Attention to detail
Accounting software
Ledger functions
Average salary: 1-3.5 Lakhs
- Tally Accountant-
Tally accountant is one of the main jobs in the field of tally. Many vacancies in these positions are offered by every firm. The role of a tally accountant forms the basis of the tallying function. They are required to maintain accounting and financial statements like balance sheets, journals, ledgers, etc. They are responsible for analyzing the data and making decisions accordingly.
Skills required:
Accounting
Calculating monetary terms
Taxation
Financial handling
Leadership skills
Communication skills
Average salary: 1-4 Lakhs
- Accounts Executive-
Being an accounts executive can be a really rewarding career option if one has the skills required. Accounts Executives are basically responsible for the business relationship with the clients. They are responsible for advertising and financial services. They are responsible for negotiating with the clients and closing the deal, attending to clients’ needs, and assisting new clients, etc.
Skills required:
Communication skills
Negotiation skills
Project management skills
Interpersonal skills
Analytical skills
Average salary: 1.2-4 Lakhs
- Tally Data Entry-
This job profile requires maintaining accounts in tally accounts software, including financial statements like preparation of debtors/creditors, verifying and tallying payments, invoices, etc.
Skills required:
Analytical skills
Problem-solving skills
Accuracy in financial statements
Data backup
Average salary: 1-4 Lakhs
These are some of the career options one can aim for after doing advanced tally courses from the above-mentioned websites. These courses can enhance the skills required for a future in the field of tallying.
FAQs-
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What is the full form of Tally?
Tally stands for Transactions Allowed in a Linear Line Yards.
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What is the importance of advanced tally courses?
Knowledge of advanced tally courses or tally courses in generally holds a lot of importance for an individual in every business firm, whether big or small. It helps in maintaining accounts and financial statements which shows the significance of tallying. Therefore, it is crucial to get the hang of it for the accountants by doing some advanced tally courses.
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What are some benefits of Tally?
There are various benefits of tallying in a business firm. Tally software is an important software that helps business keep their accounts in check. It helps in having remote access and collaboration. Tallying is flexible and helps in providing extra security and data backup.
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What are the types of vouchers in Tally?
There are two types of vouchers in the tally:
Accounting Vouchers– Accounting vouchers consist of sales vouchers, purchase vouchers, payment vouchers, receipt vouchers, contra vouchers, journal vouchers, credit note tokens, and debit note vouchers.
Inventory Vouchers- Inventory vouchers are divided into distinct categories like physical stock verification vouchers, material in and out vouchers, delivery note vouchers, and receipt note vouchers.
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What are some of the main features of Tally?
Tally has a number of features, the main ones are:
Financial management
Budgeting
Point of Sale (POS)
Payroll Management
Reports and analysis
Conclusion-
Hence, by the article, we can conclude that tallying is as important as any other software that helps businesses keep their accounts in check by maintaining different types of financial statements. By tallying the accounts, the firm can find errors, rectify them, and make informed decisions about its actions for the future.
These advanced tally courses can help one increase their skill set and land in the high-paying careers of Tally. I trust this article was helpful in acquainting you with some of the best-rated advanced tally courses from well-known websites. I would like to know your response to this article and if you have considered doing any of these advanced tally courses available.