Learning Outcomes
Upon completion of this course, the participant will become familiar with the basics of the Tally Accounting program used in computerized accounting to record transactions and facilitate financial reporting. At the end of this course, the participant will have the skills necessary to complete all the tasks available in Tally. The following learning objectives will be emphasized during the course:
The course participant will understand the basic principles of bookkeeping as it applies to the Tally Accounting program.
The course participant will be able to set up a company and its associated accounts, customers, and vendors in Tally.
The course participant will be able to record sales, as well as associated receivables in Tally.
The course participant will be able to produce invoices using the Tally.
The course participant will be able to record initial payables as well as the payment of payables in Tally.
The course participant will be able to prepare and print financial statements using Tally reporting structure.
Course Overview (Video)
Course Curriculum
Unit 1 - Basics of Bookkeeping
Unit 2 - Setting-up the Chart-of-Accounts
Unit 3 - Creating Stock and Service Items
Unit 4 - Creating Customer and Vendors
Unit 5 - Posting Opening Balances
Unit 6 - Managing Receivables (customers)
Unit 7 - Managing Payables (vendors)
Unit 8 - Bank Reconciliation
Unit 9 - Financial Statements Extraction
Unit 10 - Backing up and restoring files
Unit 1 - Setting up a Company in Tally
Session1 - Creating a Company
Session2 - Tally Gateway Navigation
Unit 2 - Chart-OF-Accounts
Session1 - Creating the Chart-of-Accounts
Session2 - Chart-of-Accounts Scrutiny
Unit 3 - Voucher types in Tally
Session1 - Creating Voucher types in Tally
Unit 4 - Stock Items
Session1 - Creating Stock items
Unit 5 - Customers and Vendors
Session1 - Creating Customers Accounts
Session2 - Creating Suppliers Accounts
Unit 6 - Opening Account Balances
Session1 - Posting Opening Balances
Unit 7 - Working with Suppliers
Session1 - Posting Purchase Invoices
Session2 - Extracting Purchases Report
Unit 8 - Working with Customers
Session1 - Posting Customer Invoices
Session2 - Posting Credit Notes
Session3 - Posting Receipts
Unit 9 - Paying Bills
Session1 - Creating Bills in Tally
Session2 - Finalizing Bills Creation
Session3 - Posting Cheque Payments
Session4 - Extracting Payments Report
Session5 - Handling Contra Entries
Session6 - Posting Cash Payments
Unit 10 - Bank Reconciliation
Session1 - Reconciling Items in the Bank
Session2 - Adjusting the Cash Book
Session3 - Bank Reconciliation Statement
Unit 11 - Foreign Currency Transactions
Session1 - Foreign Currency Transactions
Unit 12 - Financial Reports Extraction
Session1 - Extracting Financial Statements
Pricing Plans
Share this Course
0
Views
Frequently Asked Questions
The course starts now and never ends! It is a completely self-paced online course. You decide when you start and when you finish.
If you pay for a Tutor support plan, you will get to attend weekly live interactive sessions with your Tutor in addition to following your own study plan.
How does life-time access sound? After enrolling you have unlimited access to this course for as long as you like across any and all devices you own.
We would never want you to be unhappy! If you are unsatisfied, with your purchase, contact us in the first 7 days and we will give you a full refund.
You will get a custom certificate signed by your lecturer for every short course and master class. Students undertaking professional courses such as CPA(U), ATD, and CTA will get their certificates and result slips from the ICPAU.
Frequently Bought Together
Target Group
The course has been designed for all individuals seeking to acquire hands-on skills in Tally Accounting system. The course is also of importance to trainers seeking to have a clear and concise training approach of the course.
CPA Innocent Mugisha is a Professor of Finance and Accounting with over 10 years' experience in teaching Accounting, Finance, Taxation, Auditing and Statistics related courses including hands-on courses on common accounting system such as tally, quickbooks and sunsystems both at University and Professional level. His qualifications are; PhD (candidate), MBA(Finance), CPA(U), FCCA, CIPS, CTA and BCOM (Accounting). Innocent has also published various books on most topics in Accounting and Finance for Business and Professional Studies.