Tally Pro - Advanced Financial Management and Banking Essentials

• In this course, you will learn to:
• Identify the basic components and features of Tally Prime 3.0
• Define the financial reports generated in Tally for effective decision-making
• Organize company data within Tally for efficient record-keeping and analysis
• Summarize the process of conducting purchase and sales transactions in Tally
• Explain the concept of cost categories and their significance in accounting
• Compare and contrast different types of cost centers within Tally
• Report on the utilization of cost centers in managing expenses and revenues
• Demonstrate the setup and utilization of cost center classes for expense allocation
• Operate Tally's banking utilities for managing financial transactions
• Modify and adjust bank transactions using Tally's reconciliation features
• Predict the outcomes of interest calculations for different financial scenarios
• Compare and contrast various interest calculation methods in Tally
• Differentiate between different types of data synchronization methods in Tally

• At the end of this course, learners will be able to:
• Interpret the financial reports generated in Tally Prime 3.0 to assess the financial health of a company
• Transform raw data into organized financial records using Tally's accounting voucher system
• Compare different methods of cost center allocation within Tally to optimize resource utilization
• Report on the effectiveness of cost center classes in managing expenses across different departments
• Restate the procedures for utilizing Tally's banking utilities for financial transactions
• Review and adjust bank transactions accurately using Tally's reconciliation features
• Rewrite interest calculation parameters in Tally to suit specific financial scenarios
• Construct a comprehensive data synchronization plan for seamless integration across multiple branches using Tally
• Estimate the impact of interest rates on financial transactions within Tally Prime
• Illustrate the process of IP-based data synchronization in Tally
• Contrast IP-based and on-demand data synchronization methods in Tally to determine the most suitable approach
• Combine different financial parameters in Tally to solve complex accounting problems effectively
• Predict the outcomes of interest calculations for different financial scenarios using Tally

The Academic Approach of the course focuses on the “work centric” education i.e. begin with work (and not from a book !), derive knowledge from work and apply that knowledge to make the work more wholesome, useful and delightful. The ultimate objective is to empower the Learner to engage in socially useful and productive work. It aims at leading the learner to his/her rewarding career as well as development of the society.

Learning methodology

• Learners are given an overview of the course and its connection to life and work.
• Learners are then exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
• Learners are then acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
• Learners are then acquainted with the architecture of the tool or Tool Map so as to appreciate various parts of the tool, their functions and their inter-relations.
• Learners are then exposed to simple application development methodology by using the tool at the beginner’s level
• Learners then perform the differential skills related to the use of the tool to improve the given ready-made outputs.
• Learners are then engaged in appreciation of real-life case studies developed by the experts.
• Learners are then encouraged to proceed from appreciation to imitation of the experts.
• After imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
• Finally, they develop the integral skills involving optimal methods and best practices to produce useful outputs right from scratch, publish them in their ePortfolio and thereby proceed from emulation to self-expression.

Evaluation Pattern of KLiC Courses consists of 4 Sections as per below table:

MKCL’s KLiC Certificate will be provided to the learner who will satisfy the below criteria:

1. Learners who have successfully completed above mentioned 3 Sections i.e. Section 1, Section 2 and Section 3
2. Additionally, learner should have completed Section 4 (i.e. Section 4 will comprise of SUPWs i.e. Socially Useful and Productive Work in form of Assignments)
   • Learner has to complete and upload minimum 2 out of 5 Assignments