ERP

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a month ago

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Diya Nihalani

Contributor-Level 10

Modules of ERP

An ERP system comes with various modules, and each is developed for and handled by a dedicated business unit. Of the main ERP systems, the most widely used are SAP Enterprise Resource Planning, Microsoft Dynamics 365, Sage, and Oracle Enterprise Resource Planning Software. A few of the main modules are mentioned below. 

 

Finance and Accounting

Manages financial transactions, including accounts payable and receivable, general ledger, and financial reporting.

Examples- 

  • SAP FICO
  • Oracle Fusion Cloud Financials

Key Features: General ledger, accounts payable and receivable, taxation, financial planning and analysis, a

...more

New answer posted

a month ago

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Diya Nihalani

Contributor-Level 10

Yes, the National Skill Development Corporation (NSDC), the Ministry of Skill Development & Entrepreneurship, and Tally Education offer government-approved Tally courses. These provide courses that are government-recognized Tally certifications in India.
The Tally Education provides verifiable digital certificates that can be instantly validated by employers, showcasing training directly from the creators of the software, according to Tally Education.

New answer posted

a month ago

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Diya Nihalani

Contributor-Level 10

Various career paths in accounting, finance, and related fields are open to a Tally professional. Some of the most common career roles for a Tally professional are listed below:

  • Accountant
  • Tally Operator
  • Bookkeeper
  • Data Entry Operator
  • Financial Analyst
  • Inventory Manager
  • Billing Executive
  • Tax Consultant
  • Freelancer
  • Tally Teacher/Trainer

These roles involve tasks such as financial accounting, GST compliance, inventory management, and payroll processing.

New answer posted

a month ago

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Diya Nihalani

Contributor-Level 10

The most basic beginner-friendly concepts of the tally course are listed below: 

  • Inventory Management
  • Payroll
  • Taxation 
  • Accounting concepts 
  • Company creation, ledger, and management,  
  • Group creation 
  • Inventory management 
  • GST
  • Payroll processing

New answer posted

a month ago

0 Follower 7 Views

D
Diya Nihalani

Contributor-Level 10

Tally Education, PW Skills, UDEMY, and NIIT are considered to be the most reputable platforms to provide courses to equip students with the concepts of Tally software. The best course for each learner depends on the external factors like their current skills and the levels of tally he has acquired before. Complete beginners should go for Tally ERP 9 or Tally Prime with GST courses, while more advanced learners might benefit from specialised courses focusing on specific areas like Tally with GST implementation, advanced accounting, or Tally customization using TDL.

New answer posted

2 months ago

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D
Diya Nihalani

Contributor-Level 10

Sant Gadge Baba Amravati University, Amravati, The Institute of Computer Accountants, Mumbai, AIMS Institute of Management Studies, Parul University, National Institute of Electronics and Information Technology, Sant Gadge Baba Amravati University, Aptech Computer Education, ICA Edu Skills Pvt. Ltd. and there are many others.

New answer posted

2 months ago

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Diya Nihalani

Contributor-Level 10

One can do the introductory course for around INR 4,000. The fees depend on the college and duration of the course and it can go up to INR 70K

New answer posted

2 months ago

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Diya Nihalani

Contributor-Level 10

It makes the monetary and inventory process, sale and purchase management & other reports easy to manage. The software is easy to install with multi-user access. It offers features like internal backups, online support, and import and export of data. For any organization, managing accounts is one of its most significant aspects of business and is crucial for the proper functioning of the business. The accounting activities include keeping track of the monetary transactions to different entities and profit or loss made by the company in any given timeframe.

New answer posted

2 months ago

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Diya Nihalani

Contributor-Level 10

The admission is conducted on a merit basis, and one needs to have completed their intermediate with commerce stream. There are online tally exams to test the candidates' proficiency on tally products. Candidates must have completed their 10+2 or equivalent. Different recognised colleges require different aggregate marks in 10+2, so one can apply accordingly. The student must hail from a commerce background and have a basic understanding of Business Management.

New answer posted

2 months ago

0 Follower 1 View

D
Diya Nihalani

Contributor-Level 10

Tally stands for Transactions Allowed in a Linear Line Yards. It is the standard software used for business accounting activities. The software manages all accounting activities from daily financial records to the generation of liabilities and assets statements. It is the most widely used accounting software used by various businesses. One can do auditing, accounting, and banking using Tally software. 

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