Level 1 (Financial Accounting)
Welcome to “Mastering Financial Accounting with Tally Prime,” your comprehensive guide to mastering the intricacies of financial accounting using one of the most widely used software in the industry. Whether you’re a business owner, accountant, finance professional, or a student aspiring to delve into the world of finance, this course is designed to equip you with the essential skills and knowledge needed to excel in financial accounting using Tally Prime.
What you’ll learn
- Managing Financial Transactions in day to day business life.
- Generate Final Level Reports , View & Print Party’s Ledger..
- Managing Interest Calculation on Transactions, Managing other Accounting features.
- Basics of Accounting concepts, Voucher Entry, Viewing & Printing Reports.
Course Content
- Introduction to the Course –> 1 lecture • 26min.
- Basics of Accounting –> 3 lectures • 57min.
- Working in Tally Prime –> 2 lectures • 32min.
- Managing Credit Transactions –> 3 lectures • 34min.
- Interest Calculations –> 2 lectures • 27min.
- Understanding Optional, Memo Postdated and Reversing Journal Voucher Types –> 8 lectures • 27min.
- Managing Budgets and Scenarios –> 3 lectures • 8min.
- Managing Cost Centers & Cost Categories –> 3 lectures • 17min.
- Foreign Currencies –> 2 lectures • 5min.
- Introduction to Inventory Management –> 1 lecture • 11min.
- How to claim your certificate –> 1 lecture • 1min.
Requirements
Welcome to “Mastering Financial Accounting with Tally Prime,” your comprehensive guide to mastering the intricacies of financial accounting using one of the most widely used software in the industry. Whether you’re a business owner, accountant, finance professional, or a student aspiring to delve into the world of finance, this course is designed to equip you with the essential skills and knowledge needed to excel in financial accounting using Tally Prime.
Throughout this course, you will embark on a journey that covers a wide range of topics essential for managing financial transactions effectively. From understanding the basics of sales and purchase transactions to mastering advanced concepts such as interest calculations, cost centers, and multi-currency accounting, this course offers a deep dive into every aspect of financial accounting using Tally Prime.
Here’s a glimpse of what you’ll learn:
- Introduction to Tally Prime: Get acquainted with the Tally Prime interface and learn how to navigate through its various modules and functionalities.
- Sales and Purchase Transactions: Learn how to create and manage sales and purchase invoices accurately, ensuring the integrity and accuracy of your financial records.
- Receipts and Payments: Master the process of recording receipts and payments efficiently, enabling you to manage cash flow effectively within your organization.
- Contra Entries and Journal Entries: Understand the significance of contra entries and journal entries in financial accounting and learn how to create them seamlessly using Tally Prime.
- Interest Calculation: Explore the intricacies of interest calculation on loans, deposits, and overdue payments, and learn how to configure interest parameters within Tally Prime.
- Cost Centers: Discover the importance of cost centers in monitoring and controlling expenses within your organization, and learn how to allocate expenses accurately to different cost centers using Tally Prime.
- Foreign Currencies: Gain insights into multi-currency accounting and learn how to record and track transactions in foreign currencies effectively using Tally Prime.
- Credit Limit Management: Learn how to set and monitor credit limits for customers and suppliers, enabling you to manage credit risk proactively within your organization.
- Introduction to Sales and Purchase Invoice Creation: Delve into the process of creating sales and purchase invoices within Tally Prime. Learn how to input relevant details such as product descriptions, quantities, prices accurately.
2 Certification for 1 course
Along with Udemy’s certificate you will also get certificate from my Training Academy “Softech Computers”. You can claim the certificate by sending the details mentioned at end of the course and get your certificate within 5 to 7 business days
By the end of this course, you will not only have a thorough understanding of financial accounting principles but also the practical skills to leverage Tally Prime effectively in managing financial transactions within your organization. Whether you’re a beginner looking to kickstart your career in finance or an experienced professional aiming to enhance your skill set, this course is your ultimate guide to mastering financial accounting with Tally Prime. Enroll now and take the first step towards becoming a proficient financial accountant!