Tally Essentials (Level 1) - Fundamentals of Accounting

Master Tally and the fundamentals of accounting with hands-on learning.

FREE

Instructor: My College Online

About the course

Description:

This course is designed to provide a comprehensive understanding of Tally, a popular accounting software used by businesses worldwide. Students will learn the fundamentals of accounting and how to use Tally effectively for bookkeeping and financial management. The course covers topics such as creating company accounts, recording transactions, generating financial reports, and managing inventory. By the end of this course, students will gain the essential skills needed to perform accounting tasks efficiently using Tally.

Key Highlights:

  • Learn the basics of Tally accounting software
  • Gain practical knowledge in recording transactions
  • Understand how to create and manage company accounts
  • Generate financial reports accurately
  • Learn inventory management techniques using Tally

What you will learn:

  • Learning Outcome 1
    Understand the key concepts of accounting and how they apply to Tally software.
  • Learning Outcome 2
    Learn how to create and manage company accounts in Tally, including setting up ledgers and account groups.
  • Learning Outcome 3
    Discover the process of recording transactions accurately in Tally and understand the impact on financial statements.
  • Learning Outcome 4
    Explore the features of Tally for generating various financial reports, such as balance sheets, profit and loss statements, and cash flow statements.
  • Learning Outcome 5
    Master the techniques for efficient inventory management using Tally, including recording stock transactions, tracking stock levels, and generating inventory reports.

Syllabus

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