Why Tally?
There are various Accounting Softwares available in our country – some home grown and a few exotic. Tally is developed by an Indian firm based in Bangalore taking a holistic view of needs of the business units in the country and being updated as per the needs of the users considering the changes in Government policy. Tally is a leading and most popular accounting package in India. It is GST ready and also supports 9 Indian languages in addition to English.
The main features of Tally:·
· It is being updated from time to time. The latest version ERP 9 (6.5.2) is GST ready.
· It is a windows-based Enterprise Resource Planning accounting software.
· It handles Accounting, Inventory Management, Order Management, Tax Management, Payroll, Banking and many such requirements of the business.
· It provides for generation of various periodical returns for statutory compliance
· It provides for generation of various periodical reports and statements for managers to facilitate taking various decisions
· It supports all day-to-day processes from recording invoices to generating various MIS reports.
· Its functions are highly scalable as per the needs of the business
· It is capable to manage large numbers of customers/ companies
· It allows you to access your business data from anywhere.
· It can manage multiple inventories and multiple warehouses/godowns
· It can synchronize the data easily from two locations with the help of the Sync option.
· It is a simple but robust software protecting the integrity of the data.
· It provides for configuring user-level rights for the access of data depending on the role of an employee.
· Its set up is easy for new users.
· It is capable of other secondary functions e.g. Master Address Book, preparing quotations, interest calculation, reminders on Due Date, Payroll, etc.
· It has strong network of accredited partners for after sales service
· It has strong network of accredited training institutions for training and certification
· It is India's first and most popular accounting software and have more that 1 million licensed user clients in its fold
· It is tailored to suit wide range of business verticals: Retail, Hospitality, Logistics, Healthcare, Manufacturing, Education, Construction, eCommerce, etc.
· Its on-screen look and navigation are user friendly.
· It is not a cloud-based software but can be configured to access from any location through internet, on any device.
Prospect of getting a job after training:
Tally is the most popular accounting software for small and medium size business units in our country. Generally, these units are family managed businesses. They need an entry level Tally certified account person. Introduction of GST has increased the scope for such persons with a reasonable salary. It must be borne in mind that mere a commerce degree does not fit the bill. Tally is specialized skill which is mastered through training at a Tally Accredited institution. This training improves your employability and makes you “Market Ready”.
If you have a commerce degree and a Tally certificate, you can earn more. Some training institutions are also providing placement services for getting a job to the trainees.
If you prefer to be your own boss, you can launch your own accounting services firm for client companies on retainer basis. After working with a small or medium size organization for a short period, you can look for a better prospect with big corporates, including a Fortune 500 company. Further, if you are conversant with Tally ERP 9, it is very easy to learn other exotic accounting softwares in vouge in foreign countries.
Finding a job is itself a full-time job in a country like India teeming with millions of youth in search of a job. The awareness and avenues for higher education are increasing and also the unemployment. The present economic growth in terms of production and GDP is a jobless growth. The slowing down of the economy due to corona virus pandemic has added fuel to the fire. It is an uphill task to find a sustainable job merely on the base of a graduation without some specialized accredited skill. Our large chunk of unemployed educated youth are commerce graduates- B Com. They are required by commerce and industries for accounting work. These are generally entry level job which requires that the candidate must have completed Tally ERP 9 Certificate training course from an accredited Tally Academy.
There is also a good scope for doing client work from multiple clients on retainer basis rather that doing a job for a single employer. GST and computerization have further increased the scope of employment for Tally Accountants as our traditional small business community has little time for tedious work of GST and limited skill for computer. Generally, they assign the work on contract basis to a certified account expert.
Importance of Accounting profession in business:
Books of Accounts are the mirror of the business. The toils of all employees, working of all machinery, business acumen of the management, return on investment, market conditions and many other factors are converted into monetary unit and reduced in black and white on paper which can be interpreted in a meaningful way by stake holders. This credit goes to the accounting professionals. Most importantly, for external stake holders, Statements of Accounts is a stethoscope to judge the health of a company.
Selecting a training institution:
Select a reputed training institute which is accredited by the Tally Solutions, Bangalore. Gujarat Infotech Ltd (JAMSAB Computers), Naranpura, Ahmedabad is a such well known accredited institute. Visit www.jamsab.com for more information on Tally Online Courses \ Classroom training.
------------------------------------------ = --------------------------------------------* Tally is a Registered Trademark of Tally Solutions, Bangalore (India)
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