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Finding The Best Tally Institute: The Accountant’s Edition

17 Jan, 2022        645 views

 

Tally is the tool of choice for accountants when it comes to managing expenses, keeping track of investments and calculating profit. If you wonder why that is normal, then we ask you to remember that Tally is a real value for money product. To get the bang for your buck, Tally is the way to go. However, when it comes to finding the best Tally institute, things get a bit different. 

Two Statistics To Remember:

The Unemployment Rate In the urban parts of India stands at 7%!

Meanwhile, the average salary of an accountant in India is ₹ 18,326 per month.

While Tally itself is not that expensive to come by, learning Tally can be a bit tough. There is a range of courses that cover learning Tally. However, the best tally institute is the one that provides you with a proper understanding of not only Tally itself but also the core accounting concepts. 

How Can You Choose The Best Tally Institute For Your Needs? 

The biggest question you have to ask yourself before searching for a Tally Course is— why do I want to learn Tally?

Once you figure that part of the equation, the rest follows easily. If your goal is finding a tally course with placement, then you need to learn more than Tally.

At any given point in time, Tally takes a minimum of 51 hours to complete. The maximum duration that can be allowed is two months. 

Tally or Transactions Allowed in a Linear Line Yards was developed by Bharat Goenka in 1986. The main objective of Tally was to act as accounting software for bookkeeping, profit and loss analysis, stock maintenance, etc. 

What is a Tally Course?

A Tally Course is a course that teaches students Tally, and all facets of it including bookkeeping, invoice processing, WayBill Generation and Payroll Management. However, if you want to master accounting, you will need more than a Tally course. This is where the best Tally institute comes in. 

Tally Courses for Beginners

Learning tally is not at all hard. Tally is in general a short-term course. However, it can be challenging for beginners to grasp the concepts of accounts and finance. There is no shortage of materials when it comes to learning accounting.

However, matching the concepts of Tally with accounting is entirely different. There are a lot of institutes that claim to be the best Tally institute. Although, what matters most is that the institute you choose is the best Tally Institute

Which Tally Course Is Best?

The best tally course from the best Tally institute is of course the course that teaches you more than Tally. In simpler terms, Tally is accounting software, but running it requires you to have core knowledge in terms of accounting, finance and taxation. 

Without a proper understanding, you might as well do nothing on Tally. It is to be kept in mind that Tally is not a data entry software. There are aspects of preparing reports, managing the finances of an organization when handling Tally. 

Thus, it is important to choose the best tally course with care. 

What Is The Fees Of A Tally Course?

The fees of a Tally course range anywhere from 4000 to 18000 rupees, depending on the nature of add-ons selected. However, it is better to learn Tally along with other applications of taxation such as GST and TDS

How Do I Get Tally Certified?

Taking a Tally course will ensure that you get a certificate. Although, as far as certification is concerned, your skills matter more. If you can’t pass returns or generate invoices on Tally, your certificate loses weight. 

This is how the best Tally Institute is determined. The certification they provide matches the skill level of the certificate holder. 

Is Tally Useful For CA?

While most aren’t aware of this, Tally is a popular tool amongst Chartered Accountants. If you are surprised by this, Tally has a user base of over 5 Million Users. That in turn means most organizations have their entire bookkeeping system on Tally. Thus, to audit a particular firm, CA’s have to turn towards Tally. 

Thus, it is evident that CA’s require the best Tally institute!

What is the scope of Tally?

The better question is: Can I get a job after tally? Again the answer lies in the fact that you need to know accounting, taxation and finance. All of these things are generally excluded from Tally courses. However, the best tally institute will ensure that you end up learning all there is to learn about Tally including GST, TDS and MS Office. 

After a Tally Course, you can unlock any of the following roles:

  • Accounts Executive
  • Finance Executive
  • MIS Executive
  • Senior Finance Executive
  • Assistant Manager – Accounts & Finance
  • Senior Accounts Executive
  • Senior Executive (in KPOs & MNCs)
  • Accounts & Finance Manager
  • Senior Accountant

Although, what is to be kept in mind is that the unemployment rate in India stands at 7%. There is a literal shortage of people employed. While the figure is strictly official, it may well be that the actual number of unemployed people is more than 7% of the population. 

Covid has already caused more damage than we can imagine. In the face of such a crisis, upskilling is the way ahead. 

This is where the best tally institute comes in. Learning Tally is relatively inexpensive compared to major college-level courses. 

Choosing The Best Tally Institute

The best Tally institute is the one that lets you mix and match the best resources along with your Tally like:

If you like placement assurance with 22 years of educational excellence, we suspect you will like what we have to show! Know more!

Disclaimer: The content posted in this weblog is intended for general information purposes only and does not include any professional accounting, tax, legal or financial advice. We strive to provide accurate and up-to-date information based on laws, regulations, and best practices which may vary by jurisdiction, industry, and individual circumstances.