- 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

Tally Pro - Advanced Financial Management and Banking Essentials
Master financial transactions, reconciliations, and banking processes using Tally.
Introduction
What you'll learn ?
- 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
Certification
- KLiC courses are recognised by Yashwantrao Chavan Maharashtra Open University (YCMOU).
- MKCL provides certificate to the KLiC learner after his/her successful course completion.
- Yashwantrao Chavan Maharashtra Open University (YCMOU) provides mark sheet to successfully passed KLiC learners (Jurisdiction: Maharashtra).
Academic Approach
The academic approach of the courses 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 an employee or entrepreneur as well as development of the community to which s/he belongs. Learning methodology:
- Step -1: Learners are given an overview of the course and its connection to life and work.
- Step -2: Learners are exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
- Step -3: Learners are acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
- Step -4: Learners are acquainted with the architecture of the tool or tool map so as to appreciate various parts of the tool, their functions, utility and inter-relations.
- Step -5: Learners are exposed to simple application development methodology by using the tool at the beginner’s level.
- Step -6: Learners perform the differential skills related to the use of the tool to improve the given ready-made industry-standard outputs.
- Step -7: Learners are engaged in appreciation of real-life case studies developed by the experts.
- Step -8: Learners are encouraged to proceed from appreciation to imitation of the experts.
- Step -9: After the imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
- Step-10: Emulation is taken a level further from working with differential skills towards the visualization and creation of a complete output according to the requirements provided. (Long Assignments)
- Step-11: Understanding the requirements, communicating one’s own thoughts and presenting are important skills required in facing an interview for securing a work order/job. For instilling these skills, learners are presented with various subject-specific technical as well as HR-oriented questions and encouraged to answer them.
- Step-12: 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, from self-expression to self-confidence and from self-confidence to self-reliance and self-esteem!
Syllabus
- Financial Accounting
- Financial Reports
- Company Data Setup
- Purchase & Sales Transaction in Tally
- Receipt Transaction & Payment Transaction
- Other Accounting Voucher
- What is Cost Category?
- Example of Cost Centre and Cost Category
- Cost Centre Data Setup in Tally
- Creation of Cost Category & Centre in Tally
- Ledger Master Setup with Cost Centre
- Cash Expenses with Cost Centre 1 & 2
- Cash Receipt with Cost Centre
- Inventory, Service & Assets Purchase with Cost Centre
- Inventory Sales & Service Sales with Cost Centre
- Journal Transaction with Cost Centre
- Cost Category Summary & Other Cost Centre Report
- Daybook Report with Cost Centre
- Cost Centre Class Configuration
- Cost Centre Class - Expense Booking & Revenue Recognition
- Data Setup with Feature Activation
- Accounting Transaction
- Reversing Journal on Opening Master
- Other Reversing Journal
- Scenario Report in Tally
- Case Study Data Setup
- Cost Centre Creation
- Inventory Purchase
- Standard Expenses with Cost Centre Class
- Inventory Sales with Cost Centre
- Scenario Configuration
- Reversing Journal
- Cost Centre & Scenario Report
- What is Banking?
- Banking Utilities in Tally
- Mode of Banking Transaction in Tally
- Cash Deposit Slips & Cheque Deposit Slips in Tally
- Payment Advice
- Cheque Printing & Cheque Registe in Tally
- Method of Bank Reconciliation
- Manual Bank Reconciliation Introduction
- Manual Bank Reconciliation Process
- Bank Reconciliation
- E-Payment in Tally
- Bank Ledger Configuration
- E-Payment Transactions
- E-Payment Reports & Reconciliation
- Interest Calculation in Tally Prime
- Simple Interest Calculation
- Compound Interest Calculation
- Interest Calculation Parameter
- Data Setup with Interest Feature
- Supplier Master - Simple Interest Setup
- Customer Master - Advance Interest Setup
- Loan Payable - Simple Interest Setup
- Fixed Deposit Interest Rate Setup
- Interest Income & Expense Ledger
- Interest Voucher Class
- Fixed Deposit Interest Configuration
- Fixed Deposit Interest Booking
- Loan Payable Interest Configuration
- Loan Payable Interest Booking
- Sales Invoice Debtor Configuration
- Sales Invoice under General Parameter
- Sales Invoice under Overridden Parameter
- Receipt against sales with Interest
- Interest Calculation Report in Tally
- Interest Calculation Case Study – Data Setup
- Purchase Invoice with General Parameter
- Purchase Invoice with Overridden Parameter
- Payment against Purchase Invoice with Interest
- Compound Interest Configuration on Loan Payable
- Compound Interest Booking on Loan Payable
- Compound Interest Configuration on Investment
- Compound Interest Booking on Investment
- Bank Ledger Configuration with Interest
- Interest Calculation on Bank Balance
- Import of Master using Excel Format
- Import of Transaction using Excel Format
- Digital Signature from Tally
- E Mail with Digital Signature from Tally
- Dashboard Report in Tally
- Natural Query Language in Tally
- What is ODBC in Tally?
- Data Extraction using ODBC
- TSS Feature in Tally
- What is data synchronization?
- Purpose of Data Synchronization
- Prerequisites for Data Synchronization in Tally
- Data Synchronization - Data Setup
- Online Client Synch Rule Setup - One way
- Synchronization Initialization (Server Rule Activation)
- Transaction under Branch Data
- Data Synchronization from Client to Server
- IP Based Client Rule Setup - Both Way
- Master Setup with Opening in Client Data
- Server Data Setup - with Master Opening
- Master Exchange - Snapshot
- Transaction in Sync Data
- Both Way Data Sync - IP Based
- On Demand Sync Setup
- On Demand Data Synchronization
- Data Setup using Master Sync Rule
- Cost Centre Setup in Data
- Party Master Setup with Advance Interest Parameter
- Material Purchase with Cost Centre
- Service Purchase with Cost Centre
- Expense Booking Sub Cost Centre
- Expenses with Cost Centre Class
- Inventory Sales with Cost Centre
- Interest Voucher Class
- Payment & Receipt with Interest
Evaluation Pattern
Evaluation Pattern of KLiC Courses consists of 4 Sections as per below table:
Section No. | Section Name | Total Marks | Minimum Passing Marks |
---|---|---|---|
1 | Learning Progression | 25 | 10 |
2 | Internal Assessment | 25 | 10 |
3 | Final Online Examination | 50 | 20 |
Total | 100 | 40 | |
4 | SUPWs (Socially Useful and Productive Work in form of Assignments) | 5 Assignments | 2 Assignments to be Completed & Uploaded |
YCMOU Mark Sheet
Printed Mark Sheet will be issued by YCMOU on successful completion of Section 1, Section 2 and Section 3 and will be delivered to the learner by MKCL.
YCMOU Mark Sheet will be available only for Maharashtra jurisdiction learners
MKCL's KLiC Certificate
The certificate will be provided to the learner who will satisfy the below criteria:
- Learners who have successfully completed above mentioned 3 Sections i.e. Section 1, Section 2 and Section 3
- 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
Courses Fee Structure from 01 July, 2025 Onwards
KLiC 30 hour course fee applicable from 01 July, 2025 all over Maharashtra
KLiC Course Duration | MFO (Inclusive of GST) |
ALC Share (Service Charges to be collected by ALC) |
---|---|---|
30 hours | Rs. 300/- | Rs. 1,500/- |
* Above mentioned fee is applicable for all Modes of KLiC Courses offered at Authorised Learning Center (ALC) and at Satellite Center
* Total fee is including of Course fees, Examination fees and Certification fees
* MKCL reserves the right to modify the Fee anytime without any prior notice