Are you planning to take up a career in accounts? Why do aspiring accountants fail in interviews? According to statistics, the majority of companies in India use Tally as their accounting software. The first stepping stone to become an accountant is to be Tally perfect. In other words, an aspiring accountant should have a thorough knowledge in Tally to be future job ready. Identifying a good institute which imparts Tally knowledge along with practical training is the next step. Acquiring a good Tally certification is the gateway for a successful accounting career.
With around 1.8+ million Tally users in India and 100+ countries using Tally, the opportunities are endless for a Tally ready accountant!
A student well versed in Tally should be able to Maintain Accounts, Inventory, Taxation & Statutory as per statute as well as Compute & File Tax returns as applicable and should be able to generate the required MIS like Periodical RECEIVABLE/PAYABLE/PROFIT AND LOSS – INVOICE/TERRITORY/PRODUCT WISE PROFIT etc.
The corporate world is always to open to talented and qualified accountants. Lookout for the following prerequisites before you undertake a course in Tally.
What you get should not be lecture on a whiteboard from texts. Any learning which is done the practical way with Real time records will help you in understanding the industry and how Accounts & Allied functions work.
*Important Things You Should Know Before You Start Tally
Heads of Accounts
Grouping
·Expense ledgers
·Sales/income ledgers
Asset Ledgers
Fixed Asset Ledgers
Liability Ledgers
Debit Note
Credit Notes
*Accounting Rules – The Practical Way*
Dr the receiver – Cr the giver
Dr what comes in – Cr what goes out
Dr all losses/expenses – Cr all gains/Income