5 Tally Courses to Streamline Bookkeeping for Small Business Owners

Tally is a real-time double-entry bookkeeping software with automated tax compliance. The software is suitable for Indian regulations. It integrates multi-currency transactions, inventory management, and customizable reporting. It offers scalable data security, remote access, and automated bank reconciliation. 

How is Tally Used for Bookkeeping?

Let's say ABC Stationery Store uses Tally for its bookkeeping. Here is how the store uses Tally for most sales transactions:

1. Setting up: The bookkeeper has already set up ABC Stationery's chart of accounts in Tally, including assets, liabilities, income, and expenses. Inventory items (pens, notebooks, etc.) are entered with their costs and selling prices.
   
2. Recording a sale:
   
   • A customer purchases 10 notebooks for $5 each and 5 pens for $2 each, paying in cash.
   • The bookkeeper opens the Tally software and selects "Sales Voucher" from the menu.
   • They enter the details:
     • Date: [Current Date]
     • Party A/C Name: Cash (for cash sale)
     • Items:
       • 10 notebooks @ $5 each
       • 5 pens @ $2 each
     • The total amount ($60) is automatically calculated.
       
3. Automatic entries: Tally automatically makes the following entries:
   
   • Debits Cash account by $60
   • Credits Sales account by $60
   • Updates inventory levels (reduces notebooks by 10 and pens by 5)
   • Calculates and records the cost of goods sold
     
4. Generating reports: At any time, the bookkeeper can generate various reports including daily sales reports, inventory status, financial statements including Profit and loss statement and balance sheet.
   
5. Tax calculations: If applicable, Tally automatically calculates sales tax and creates the necessary entries.
6. Bank reconciliation: When the bookkeeper deposits the day's cash in the bank, they can record this in Tally. Later, they can use Tally's bank reconciliation feature to match this deposit with the bank statement.

Explore Tally courses

Through the above example, it is clear that Tally software helps with bookkeeping. Let us explore Tally courses to streamline bookkeeping for small business owners.

Course Name	Duration	Provider
Tally Bookkeeper Professional Certificate	4 months	Coursera
Accounting with Tally.ERP9	36 hours	NIIT
Certificate Course in Financial Accounting using Tally	4 months	NIELIT Calicut
Tally ERP Professional Certificate Program (TPCP)	44 hours	Tally Academy Idea Computers
Certificate in Tally.ERP 9	31 hours	Coursera

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Tally Courses to Streamline Bookkeeping For Small Business Owners

The following courses are useful for the purpose of bookkeeping for small business owner

1. Tally Bookkeeper Professional Certificate

This course helps in understanding the use of TallyPrime for account information management, managing accounts receivable and accounts payable, and to understand statutory and taxation concepts. Those who enrol in this course are eligible for jobs as bookkeepers, accounting clerks and accounts payable specialists. 

Course Name	Tally Bookkeeper Professional Certificate
Duration	4 months
Provider	Coursera
Course Fee	₹ 4,926 with Coursera Plus
Skills Gained	Account management, Tally Prime  and Bookkeeping
Students Enrolled	12,798
Total Reviews	4.6 (125 reviews)

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Why Choose This Course?

• Value for Money: This course has dual purpose including imparting knowledge of Tally software and teaching bookkeeping techniques in detail.
• Certification Value: The certificate is awarded by Tally Education and Distribution Services Private Limited.
• Learner's Experience: As per one of the learners who has completed this course, "Completing my Tally bookkeeper certification from TEPL feels absolutely amazing! It's such a fulfilling moment to see all the hard work and dedication pay off. I feel incredibly proud of myself for achieving this milestone. This certification not only validates my skills and knowledge in accounting but also opens up new opportunities for advancement in my career. I'm excited about the doors that this accomplishment will open and eager to put my newfound expertise to good use."

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2. Accounting with Tally.ERP9

This course covers basic accounting principles, Tally components, double-entry accounting systems, etc. Students will learn to manage account information and record business transactions for the company using Tally.

Course Name	Accounting with Tally.ERP9
Duration	36 hours
Provider	NIIT
Course Fee	₹ 4,750
Skills Gained	Tally ERP 9 software  and Business Accounting

Why Choose This Course?

1. Value for Money: This course trains students in using TallyERP 9 for the purpose of bookkeeping. Students will learn the basic features of Tally, double-entry system of accounting, and managing account information of a business organization. It also helps in learning how to work with MS Excel worksheet.
2. Certification Value: The certificate is awarded by the National Institute of Information Technology.

3. Certificate Course in Financial Accounting using Tally

This course trains individuals in computerised accounting using Tally. After completing this course, students will be able to prepare financial statements including P&L account as well as an income and expenditure account. Students will be able to prepare invoices or bills. They will also understand accounting and inventory entries under job costing.

Course Name	Certificate Course in Financial Accounting using Tally
Duration	4 months
Provider	NIELIT Calicut
Course Fee	₹ 6,500
Skills Gained	Tally and Financial Accounting

Why Choose This Course?

1. Value for Money: Those who have passed 10+2 can enrol in this course. Students will be trained in accounting, key accounting assumptions as well as principles through this course.
2. Certification Value: The certificate is awarded by the NIELIT Calicut.
3. Learning Experience: Payroll, VAT, TDS, FBT
   Faculty: Instructors taught well Curriculum was relevant and comprehensive
   Course Support: No career support provided

4. Tally ERP Professional Certificate Program (TPCP)

This course is offered by the Tally software company. Those who want to progress in the field of accounting can enrol in this course to leverage features of the software

Course Name	Tally ERP Professional Certificate Program (TPCP)
Duration	44 hours
Provider	Tally Academy Idea Computers
Course Fee	₹ 5000
Skills Gained	Tally, Payroll Accounting, Taxation

Why Choose This Course?

1. Value for Money: Students will gain in-depth knowledge of Tally ERP 9 to maintain records of multiple companies. By learning the usage of this software, students can perform all accounting jobs including payroll accounting, taxation, etc.
2. Learning Experience: Learnt how to use tally and some basic accounting knowledge.
   Faculty: Faculty was very friendly and taught me well. His name is Fareed. Yes it was updated.
   Course Support: No I didn't Get

5. Certificate in Tally.ERP 9

This Tally course helps students in gaining the working knowledge of Tally.ERP 9 software. Students also learn how financial accounting is performed using the software. Taxation is also included in the course covering TDS, Tax ledger, VAT vouchers, invoices and reports.

Course Name	Certificate in Tally.ERP 9
Duration	19 hours
Provider	VSkills
Course Fee	₹3,499
Skills Gained	Business Accounting and ERP

Why Choose This Course?

1. Value for Money: The course is accomplished with government certification that is valid for life. The course comes with lifelong e-learning access and life time job support.
2. Learning Experience:
3. Faculty: Well good faculty every question answer by the faculty in live sessions every shortcut key know. Almost updated and teach basics and advanced both like new things is GST. Very Helpful for me.
4. Course Support: Very good impact am taken this course for Accountant Job . So now am doing job . Before this am jobless this is reality

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Conclusion 

Tally's comprehensive features, including payroll integration, make it an effective solution for businesses to manage their finances efficiently and accurately. Due to its utility, Tally is a great software to use for those who are in the field of accounting.