Several web applications and accounting software are available in India, such as Zohobooks, Vyapar, Marg, etc. to name a few. But over the last two decades, Tally has proved itself the most satisfying and acceptable among them with its consistent gradation. Improving its application, today Tally is available with a complete ERP facility and it’s even packed up with VAT reports of all states of India. This is the indispensable digital format for accounting that every small and big business is making use of. With its ceaseless evolution over the past three decades, Tally has come to be the ‘one-stop solution’ for every accounting-related problem. If you have read this article, you must be interested to know about this very convenient software. So, the details of the Tally ERP 9 Certificate course are discussed below in nucleus format.
What is the Tally ERP 9 Certificate?
Tally ERP 9 is the pivotal creation of India-based multinational company Tally Solution Pvt. Ltd. Shyam Sunder Goenka and Bharat Goenka co-founded the company in 1986 after their existing business faced a lot of struggle in managing their accounts.
Although Tally ERP 9 has been proven to be most popular in influencing small and big companies, it is now surpassed by an even more powerful version of accounting software named Tally Prime.
The first version of Tally, called Peutronics Financial Accountant, used to be operated through an MS-DOS application. Some people believe that the name of the software is to signify the term ‘tally’ meaning ‘to sum’ or ‘to count’, whereas the name Tally is an abbreviation for Transactions Allowed in a Linear Line Yards.
Both arguments become copacetic since the key of any business stands on calculation. All businesses compute their investment and earned money to perceive their profit.
In the case of big transactions, human errors ought to occur and a single miscalculation may lead to a huge loss for the business. To prevent this and to achieve an accurate and fast result, Tally ERP 9 is an unparalleled aid for all businesses.
Also Read: Tally Course Books
You can own the single-user version of Tally at just Rs. 21,000/- with the cost of an update of Rs.4, 000/-per year. The multi-user version is priced at Rs. 62,000/- which seems to be quite high, but the benefit of its usage, especially in big business, proves it worth investing the amount.
A lot of pirated versions have crowded the market due to the high demand for the particular accounting software. Nonetheless to say that the users of pirated versions have experienced loss and mismanagement of valuable data.
You can use Tally even from a remote desktop provided that your system has to be switched on during the application. If you are not yet convinced to affirm your future in the career of accounting and just curious to know about this stream, I think the Tally ERP 9 Certificate Course will fit you the best.
This is a comparatively short-term course (usually about three months long) that will teach you the fundamentals of accounting along with some specific voucher entries. Eventually, if you feel an urge, you can proceed to further learning of this accounting software.
You Can Explore These Tally Courses in India Near You:
The Basic Curriculum for Tally ERP 9 Certificate courses.
After gathering an elemental understanding of the course, let us know what the course is going to teach. Since the course duration varies from one to another institutions, so does their course structure. Here, the basic syllabus or curriculum is being discussed.
- Basics of Accounting- meaning, important terms, definition, and objectives.
- Branches of Accounting- management accounting, financial accounting, governmental accounting, environmental accounting, cost accounting, forensic accounting, etc.
- Uses and limitations of Accounting- uses like taxation, systematic management, etc.
- Meaning of accounting equation – primary bookkeeping system or balance sheet equation.
- Compensation of accounting- base pay, medical insurance, merit pay, deferred pay, etc.
- Types of accounts- Real, Nominal, and Personal accounts.
- Accounting standard- Generally Accepted Accounting Principles (GAAP)
- Basics and advanced Tally- setting up of company, accounting masters
- Debit and credit note- documentation of sale return and purchase return
- Uses of F11 & F12- creating and managing inventory masters.
- Recording of transaction- bill-wise details.
- Cost categories- such as the department of an organization, different individuals, Primary cost centers, etc.
- Voucher classes -for invoice entry, payment voucher.
- Stock journal- to record adjustments in stock after stock evaluation.
- Forex gain/loss- determining factor for loss or profit of the company.
- Bank reconciliation process- identifies discrepancies in the bank statement of the business.
- Calculating interest and creating a group budget.
- Balance sheet- to summarize the financial statement of the company.
- 5 Types of ratio analysis- profitability ratio, solvency ratio, turnover ratio, liquidity ratio, and earnings ratio.
- Usage of shortcut key for tally program.
Career Opportunities and Benefits After Completing a Course on Tally Erp 9?
More often than not many of us have thought of joining a course on Tally ERP 9 Certificate. The reason behind this is the vast career opportunities one can avail after doing such a sought-after course.
With a basic knowledge of computer and accountancy, and the skills acquired in the Tally ERP 9 Certificate course, one can discover a plethora of career options. Let’s know them –
- Tally operator: with your learning attained during the Tally ERP 9 Certificate course, you will be able to better manage payrolls, basic accounts, details storing, etc. The use of software will make this job smooth and easy.
- Accountant: This job title itself has several job opportunities under this umbrella term. The different levels of this job are- junior accountant, assistant, account executive, etc. Although each of them has distinct responsibilities, in general, their common task is to maintain the company’s everyday accounts and business relationships among all clients regularly.
- Data entry operator: As a data entry operator, you are responsible for filling up valuable information in the system. This can be done manually or through a scanning device. Certain ideas of technique and precision are needed for this job position.
- Audit Executive: The chief Audit Executive (CAE) is an independent director of audit who investigates all corporate spreadsheets and accounts. As an executive, he/she implements the skills acquired during the Tally course and makes final amendments and unbiased decisions.
- Financial analyst: He/she is going to reflect on the overall financial condition of the business by minutely analysis its past performances. He will then create a report accordingly and evaluate the probable outcome of the immediate actions.
- Admin executive: Being the administrative executive, you have to create time-saving spreadsheets and presentations. You will be fulfilling different office demands using helpful software. For all these tasks, a tally course can be beneficial.
- Accountant manager: The most noteworthy job title for anyone after completing a course on the Tally ERP 9 Certificate is Accountant Manager. He manages the overall sales of the company and strengthens its relationship with certain clients or groups of clients.
Eligibility for Enrolling in Tally Courses
A course on the Tally ERP 9 Certificate will lead you to a career in accounting. If you are passionate about this career choice and want to pursue a Tally course, you need to have the eligibility mentioned below-
- You must pass the 10+2 level or finish high school.
- Students from the Commerce stream are more appropriate for this course, although other students can also go for it.
- A basic knowledge of Business management, and Accountancy will be of help in understanding the course.
- As the motif of joining the course is to step into a career in accounting, students studying business studies, finance, etc are best suited for this.
- If you want to pursue the course after your graduation, you are expected to have a basic understanding of business studies.
Top 3 Tally ERP 9 Certificate Courses With Placements
1. IIM SKILLS
About the Institution:
IIM SKILLS is the most trusted name in the field of professional courses and online education. Scientific pedagogy delivered by experienced industry experts has already made a difference in around ten thousand trainees.
Currently, they are working with more than 30 countries around the globe where students have enrolled in their courses. Since the certificate provided by them is recognized by Govt. of India and accepted internationally, students can build strong portfolios for the competitive job market.
The institution promises to guide even during job interviews and portfolio creation. Your connection with the institution remains valid for a lifetime, that is, you can access your class lectures anytime in the future and also reach out to them for any assistance.
Name: Tally Course
Fees: INR 2900 + GST
Key Highlights of the Course:
- The hands-on assignments and excellent placement cell –both work as decisive factors for choosing this institute over others.
- The Tally Master course covers everything from the basics of accounting to using Tally for hassle-free accounting.
- Tally ERP 9, Tally Prime, and everything about the software is dealt with succinctly so that basics to advanced level accounting can be solved for you.
- This course badge will make you more confident and efficient in the field of accounting whether you are a fresher or a working professional.
- Anyone with basic computer understanding can wake up to the usefulness of such an important professional degree and will be welcomed in the job market in due time.
- Interested candidates are expected to possess numerical ability, accounting skills, and basic computer skills.
- The course is 20 hours program that can be attended at your own pace and the study materials are available lifetime.
Other Professional Courses from IIM SKILLS
- Financial Modeling Course
- Digital Marketing Course
- SEO Course
- Technical Writing Course
- GST Course
- Content Writing Course
- Business Accounting And Taxation Course
- Investment Banking Course
- Data Analytics Course
Contact Details:
+919580740740, info@iimskills.com
2. National Institute of Information Technology (NIIT):
About the Institution:
Established by IIT pass-outs in 1981, the National Institute of Information Technology aims to embrace technological advances by training young Indians.
They are one of the pioneers of digital education and their Tally ERP 9 Certificate course is always on demand due to legitimate reasons. They have established multiple centers in the country, such as Jharkhand, Rajasthan, etc, and outside India.
They have joined hands with the government’s Skill India project and established a virtual university named ‘Netversity’.
Key Highlights of the Course:
- Their classroom training gives scope for in-depth practical learning.
- DIPLOMA IN FINANCIAL ACCOUNTING USING TALLY ERP 9 at the Kolkata campus is a comprehensive 10-month-long program at the undergraduate level.
- The Highly popular course is called GST Using Tally.ERP9 is a 44-hour-long intensive classroom learning process. More than thousands have already done well out of it.
- Accounting with Tally.ERP 9 is an online course by the institution to reach even remote students. This covers the processes and features with hands-on training by experts. The instructors teach different Microsoft tools besides Windows Operating System fundamentals. Upon completion, students get a certificate with the acquired grade in the examination.
3. Udemy
About the Institution:
This is a well-known platform to benefit your company with efficient software skills for better bookkeeping, and inventory management by offering several Tally courses.
This name has committed to upholding work culture around the globe through its outstanding number of courses. As for Tally ERP 9, they have designed various distinctive courses.
Key Highlights of the Course:
- No pre-requisite qualifications are needed to enroll in a course, except thrive for learning Tally.
- The simplest Tally course is one hour long covering almost 20 points or lectures, like measure creation, stock item, purchase, and receipt voucher and numbering them, cost center, reports, etc. This course can be bought at Rs. 1799 and provides certificates on completion.
- TallyPrime with GST is their highest-rated course on the topic to provide a wholesome understanding of Taxation and Accounting. This course is also for 19-20 hours and has some downloadable PDFs and videos.
- All of their courses on Tally can be accessed lifetime and you can pursue them according to your convenience. Duration and course fee vary according to the course set-up.
Estimating the rapid demand for Tally courses in India, a good number of institutions have brought up the course in updated design. Most of the courses are short-term and add dimension to your existing career.
Students can also go for it after completing 10+2 before banking on a long career in accountancy. Here’s a list of some other online institutions that you can survey while selecting the best course for you.
- Tally Education
- Keerti Institute
- OJD- Organised Justified Dedicated
- Tally Training
- Henry Harvin
- Tally Academy
- CAClub India
- MKCL KLic Courses
- Besant Technology
- Dreams Media Solution
- H K Computer
- Disha Computer Institute
- Tally School
- Tally with GST Course at INTERN THEORY
- TUTORIALS POINT
- CPIT Udaipur
- Tally ELearning
Frequently Asked Questions on Tally ERP 9 Certificate
1) Who can pursue a Tally ERP 9 course?
In India, Tally is one of the most well-liked computer courses after 12th or equivalent. Students from Science, Arts, or Commerce fields are eligible for the course, yet among Commerce students, it’s most popular. A basic knowledge of Accountancy and Business Management helps in your Tally understanding, although none is mandatory.
2) What are the basic modules covered during the Tally ERP 9 course?
The syllabus for the tally program varies slightly depending on the curriculum and duration of courses in different institutes. In general, the basic modules taught in tally courses are as follows-
- Basic and advanced-level accounting
- Company Features
- Stock groups
- Vouchers and invoicing
- Basic and advanced inventory
- Taxes (TDS, GST, EPF, ESIC, Professional Tax etc)
- Tally audit
- Technological advancement in tally
- Generating report
3) Does one need to be a Mathematics expert to do a tally course?
Knowledge of high-level mathematics is not essential for accomplishing tally courses. Secondary level or basic mathematics knowledge is all that you need for a tally course. Since you have to do a data entry kind of application for tally, it doesn’t require your expertise in Mathematics. In other words, tally courses make your accountancy and business management learning clearer and more practical.
4) What are the average duration and course fee for the Tally ERP 9 Certificate?
Depending on course structure and the promised degree one gets after completion of the course, the duration of tally courses varies. As a result, the fee of the course also depends. Generally, a basic tally course may be one to three months long. A Diploma in tally course may last around two years. An average tally course starts around Rs 2,000- and goes higher for elaborate courses.
5) Write about some popular software used in accounting.
The aim of earning a Tally ERP 9 Certificate is to be able to manage a particular business or company’s accounting. There are two different versions of this accounting software, namely Tally Prime and Tally ERP 9. Tally ERP 9 has been used since 2009 in a powerful computer whereas its latest version Tally Prime appeared in 2020.
6) Mention some features of Tally ERP 9 software.
- Supports multi-language- this is a multi-lingual software that can be operated in 9 different Indian languages also. This feature is an important one in dealing with maintaining accounts or doing transactions. We can easily swift into our preferred language while doing so.
- Create numerous accounts- In Tally, you can create 99,999 companies and even manage multiple groups of accounts.
- High speed- this software can perform in real-time with its high speed. With continuous online help, you can use this robust software without any codes.
- Automatically update transactions- Tally can keep track of transactions done in different locations and automatically update those transactions.
- Customizable- this low-cost software can be quickly customized and implemented according to your business requirements.
- Multi-operating system- multiple operating systems, for example, Windows, and Linux are supported by Tally ERP 9 software.
- By reducing human error using this software, one can reduce human errors by making accounting and transactions more transparent.
- Supports protocols- different types of protocols, such as HTTPS, ODBC, HTTP, SMTP, etc are supported by Tally ERP 9 software.
- Other features- it can be used to generate invoices, tax files, payroll or employee records, sales management, etc.
7) What is the latest version of tally software?
The latest and most efficient version of the software is Tally ERP 9 Prime. It has got amazing features of which the most notable is its compatibility with GST. As a result, it helps in business management as per the GST regulation of India. It helps to create GST reports according to GST returns, speed up the process of data entry and retrieval, remote application, mobile browsing, improve the billing process with multiple billing formats, and finally provides highly user-friendly services.
Conclusion
Today, several accounting and ERP software are emerging in the market, but Tally has been outperforming them with its time-tested features. With its continued development in functionality and accuracy, Tally is the best answer for all business financial purposes.
After pursuing a Tally ERP 9 Certificate Course, you not only handle everyday accounting and transactions far better, but you also revamp the total investment with a great understanding of future investment, budget making, etc.
Due to the widespread demand for skilled people in the arena of entrepreneurship, business, and accounting, Tally courses are also flourishing in the market. I hope this article has given you concise guidance that one must consider before diving into this ocean of accounting software.