Tally with Excel
What is Tally with Excel?
Tally with Excel refers to the use of Microsoft Excel to manage and analyze financial data, similar
to how Tally ERP software operates. It involves tracking transactions, generating financial reports,
and performing calculations using Excel's functions and formulas. Users can create ledgers,
journals, and summaries to facilitate accounting processes. This approach offers flexibility and
accessibility for small businesses or individuals managing finances without specialized accounting
software.
Course duration and Job Scopes
This Course duration is 6 months.
Job Scopes : Accountant, Bookkeeper, Financial Analyst, Accounts Payable/Receivable Clerk, Audit
Assistant,
Tax Consultant, Cost Accountant.
Accountant
An accountant is a financial professional responsible for recording, analyzing, and reporting
financial transactions to ensure accuracy and compliance with regulations. They prepare financial
statements, manage budgets, and assist with tax filings, often using accounting software like Tally
and tools like Excel. Accountants play a crucial role in helping organizations make informed
financial decisions and maintain their financial health.
Bookkeeper
A bookkeeper is responsible for maintaining accurate financial records for a business, including
tracking transactions, managing accounts payable and receivable, and reconciling bank statements.
They ensure that financial data is organized and up-to-date, allowing for efficient reporting and
analysis. Proficiency in software like Tally and Excel is often essential for effective bookkeeping.
Accounts Payable/Receivable Clerk
An Accounts Payable/Receivable Clerk manages incoming and outgoing payments for a company, ensuring
accurate recording of transactions. They are responsible for processing invoices, tracking payments,
and maintaining financial records. Additionally, they assist in reconciliations and support the
finance team with reporting and cash flow analysis.