Diploma in Computerized Accounting

Course Description

The Diploma in Computerized Accounting (Tally 9.2) ERP is a comprehensive one-year program designed to equip students with the skills and knowledge required to manage accounting and financial operations using Tally ERP software. This course covers various aspects of accounting, finance, and taxation, providing students with a thorough understanding of computerized accounting systems.

Key Topics Covered

• Introduction to Accounting

  • Basic accounting principles and concepts
  • Types of accounts and their classifications
  • Double-entry system of accounting
  • Financial statements (Balance Sheet, Profit & Loss Account)

• Fundamentals of Tally ERP 9.2

  • Overview of Tally ERP 9.2 software
  • Installation and setup of Tally
  • Company creation and configuration
  • Navigating the Tally interface

• Voucher Entry and Transactions

  • Types of vouchers in Tally (Sales, Purchase, Receipt, Payment)
  • Recording day-to-day transactions
  • Managing accounts payable and receivable
  • Bank reconciliation statements

• Inventory Management

  • Inventory creation and categorization
  • Stock groups, stock items, and units of measure
  • Inventory vouchers and stock journal entries
  • Batch-wise and location-wise inventory management

• Payroll Management

  • Setting up payroll in Tally
  • Employee creation and salary structure
  • Payroll processing and salary slip generation
  • Statutory deductions (PF, ESI) and compliance

• Taxation and GST

  • Introduction to GST (Goods and Services Tax)
  • GST setup and configuration in Tally
  • Recording GST transactions and returns
  • VAT, TDS, and other tax management

• Financial Reporting

  • Generating financial reports in Tally (Trial Balance, Profit & Loss, Balance Sheet)
  • Cash flow and fund flow statements
  • Ratio analysis and financial performance evaluation
  • Customizing and exporting reports

• Advanced Features of Tally

  • Cost centers and cost categories
  • Budgeting and scenario management
  • Multi-currency transactions
  • Data security and backup in Tally

• Project Work and Practical Sessions

  • Hands-on practice with real-world scenarios
  • Practical assignments and projects
  • Case studies and problem-solving exercises
  • Final project showcasing comprehensive use of Tally ERP

Career Opportunities

• Accounts Executive
• Junior Accountant
• Tally Operator
• Payroll Manager
• Tax Consultant
• Financial Analyst
• Inventory Manager

Program Outcomes

Upon successful completion of the Diploma in Computerized Accounting (Tally 9.2) ERP, students will be proficient in using Tally ERP software for managing accounting and financial tasks. They will be capable of handling various accounting functions such as voucher entry, inventory management, payroll processing, and tax compliance. This program prepares students for roles in accounting and finance departments across different industries, ensuring they can efficiently manage and analyze financial data.