Monday 28 December 2015

Benefits Of Becoming A Tally Certified Professional

Tally certified professionals are all those who have successfully achieved the Tally Financial Accounting along with Tally Technologies Certification. More than 20 lakh businesses around the world make use of Tally Business Accounting Software. Every year thousands of businesses upgrade from manual accounting to accounting on computers so that their businesses get more productive and profitable. Tally ERP 9 is the favoured choice of accounting software for majority of the professionals. These organizations require the certified professionals to help take informed decisions by unleashing the true power of Tally.

Some Benefits of Becoming a Certified Tally Professional

  • It certifies you as a master of Tally - an authorization to be a trained Tally expert
  • Certification on Tally by its creators
  • Placement assistance from Tally

 

Why to do a certification on Tally?

  • The Tally certification is a simple and effective way to validate mastery of Tally
  • Aid employers identify and hire
  • Helps in enhancing your professional image, integrity and career opportunities

How to get placement help?

After you successfully complete the test, you will receive an email, from Tally’s National Placement Cell, with a login ID and password. You will then be contacted by a placement executive who will help you in placement. As far as interview goes, every candidate is entitled to give three interviews after successfully getting the certification.

 

Examination Associated

Tally Academy is the place to visit to take up the certification tests. You can register and take up the certification tests on same day itself. You need to carry two passport size photos and any valid photo identity card for authentication test. Test can be taken instantly subsequently provided a test slot is available. To check for slot availability in advance, you can call the Tally academy.

 

Format of the Test

The Tally Financial Accounting Certification is a 60 questions ninety minute online test. The test is divided into two sections: Business Accounting and Business Environment.

If in case you wish to cancel your test appointment, you can do so 4 hours before the test is scheduled to begin. If your test is the first one to be scheduled for the day then you must inform the earlier evening. If the schedule precedes a holiday then you must inform at least one business day before the test date. You can also retake the test with a gap of 15 days; however, you will have to buy the TCP card again. You can retake the test as many times as you wish to after paring the necessary fees for each attempt.

Whether you want become a Tally software professional or work in a company which provides Tally Support to business organization, becoming a Tally certified professional has several benefits that can help take your career to new heights.

Monday 30 November 2015

Knowing Tally Software and its Features

Tally is an influential accounting software, which is driven by a technology known as concurrent multi lingual accelerated technology engine. It’s extremely easy to use software and is designed to simplify complex day to day activities occurring in an organization. Tally offers comprehensive solution around accounting principles, inventory and data integrity. This software also has feature encompassing the business globally. Tally software comes with easy to use interface thus making it operationally simple. Stock management, inventory management, purchase order management, invoicing, stock valuation methodology, discounting, etc. are some of the activities for which Tally accounting software provides a solution for.

Tally accounting software also possesses drill down options that can track every detail of transaction. It aids in maintaining simple classification of accounts, accounts receivable and payable, bank reconciliation, etc. The data gets reliable and secure due to the technology employed by tally. Tally ERP 9 supports all the major types of file transfer protocols, which helps in connecting files across multiple office locations. This particular software is also capable of undertaking financial analysis and financial management. It offers information around receivables turnover, cash flow statement, activity consolidation and even branch accounting. Further, this software is easy to set up and simple to use and a single connection can support multiple users. It can also be easily used in conjunction with the internet making possible to publish global financial reports. This software can seamlessly connect with various Microsoft applications.

Advantages of Tally Accounting Software


A business owner recognizes the significance of maintaining proper books of account. This practice makes sure that finance for the company is always in order and are appropriate at all given points of time. The organization always needs to be aware of its financial positions. Previously, most of the businesses were employing manual practice in maintaining books of account. However, with the beginning of modern information technology, this task can be executed by accounting software.

This software offers a solution to all the problems the organizations have to encounter. Single software takes care of all tasks needed for enterprise management. Tally solutions make simple the accounting tasks such as records keeping, payable management and accounts receivable, and bank reconciliation. Financial management is also made simpler under Tally software. This software also lets finance management across multiple locations and can handle multiple currency transactions, manage cash flow and interest payment.

Tally software provides all the required functionalities and add-on modules to integrate with it's core program to major organizations across the globe that has helped them achieve unimaginable success across decades.


Saturday 31 October 2015

Tally ERP 9 – The Highly Advanced Business Software

In today’s market, accounting software plays a very important role due to its efficiency and is thus in great demand. So, it’s vital that you are used to the software that’s available in the market. Majority of the organizations globally rely on Tally enterprise solution. Among all the available accounting software, Tally ERP 9 is an out of the box software as it provides exceptional features and facilities that eventually please the business owner as well as the client. The software is simple, user friendly and highly competent software. When you are into any business it’s quite necessary that you have the capability to take quick decision and this software helps you do that. It’s a professional and easy way to track the financial status of any organization.


When you use this software, it’s imperative that you are aware with its advantages:
  • With the help of Tally you can carry out various tax calculations such as service tax, VAT, custom duty, etc.
  • This software lets you keep the record of multiple companies
  • With this software, you can also keep a track of foreign business for your future reference
  • Tally ERP 9 software helps you easily access your company’s data from almost anywhere
  • What more? It enhances the sales efficiency and lets you access customer information whenever you need
  • Majority of the business activities globally are carried out with the help of this software

It’s very important to know the features of this software when you start implementing it. If you want to learn more about this software then there are tally institutes that provide you with the opportunity to do so. There are several features that could be difficult to implement. These institutes essentially help you know the process to execute the features. Tally ERP 9 is not at all difficult to understand and it makes the process simple. As a novice, you might face complications while using the software and it’s a time consuming process to learn by yourself. So, it’s advisable to opt for the course and make a better use of the product.


Today, Tally institutes house several students and businessmen as they opt for the course to learn this very important software solution. Also, there are several computer training institutes as well as professional accounting institutes that offer full time courses; however, there are several other institutes that have developed small modules which help students to learn this software. Besides, learning Tally software at Tally Institutes, now you also have the scope to download this software free of cost which lets you understand and practice by applying the features. This software is used on a broader scale among all the business professionals as it assures the users to get the most precise result. This software lets you synchronize the data over multiple locations. It’s not only a simple process but also the most cost effective solution. It’s a simple way to share and coordinate among various branches of the organization and handles its entire functions. So, it’s truly known as the highly advanced business software in the global corporate world.

Tuesday 24 March 2015

Choosing an ERP System for Freight Forwarding and Logistics Business



The complex nature of the shipping and logistics industry combined with the fierce competition that exists in this sector brings unique challenges to the small and medium-sized operators. This makes it imperative that freight forwarding firms, non-vessel operating common carriers (NVOCCs), custom house agents, international freight brokers, shipping agents and cargo agents streamline their multifarious business operations to remain competitive. Deploying the right ERP system dedicated to logistics and freight forwarding can help firms efficiently realign and scale up their activities whilst being adaptable to the rapidly changing regulatory environment.

Whilst an ERP framework can go a long way in helping you integrate diverse business and operational functions, choosing an ideal freight forwarding software that allows you to manage, access, and share information coming from and going into various departments is not easy. Before planning and deploying an ERP system, it is important that businesses analyse their potential keeping the following factors in mind:

Integration of all operational and accounting elements within a single platform 


The most important factor to consider is the degree of integration your ERP allows. For instance, a small and medium-sized freight forwarding agent who uses different applications to manage functions, including freight management, customs brokerage, documentation, container tracking, shipment tracking and compliance services would benefit more if all the applications are integrated into a single master application based on Tally ERP 9 platform. This Tally customization makes the operation more efficient, cost effective and provides the owner with real-time visibility of in-bound/out-bound shipments and their corresponding payables/receivables.

Avoiding duplication due to centralization of multi-branch tasks 


The second parameter to consider is to what extent the ERP system allows the centralization of key multi-branch tasks. Consider each branch of a multi-location shipping agency using a separate business accounting application. This will result in disconnected pools of data independent to each other causing unnecessary delay, disruption and data re-keying whereas the business owner needs real-time business and operations data monitoring. On the other hand, if the same agency decides to partner with a Tally services provider and deploy a centralized Tally software application, it has a greater predictability of its operations. Since this scenario allows the master application to read, write and edit data to and fro from each of the branch offices, it helps business owners track shipment-wise payment, performance, profitability and outstanding details.

Enhanced financial control and greater visibility


The ERP system that you choose to implement should provide a greater financial control by cross-integrating data from operational tasks and data from actual transactions. The system should allow the owner to calculate the expected profit per shipment and then compare it to the shipment's actual cost and profit (using the data from transactions, receivables, payables and brokerage expenses). This helps the owner to track each job's profitability which in turn can help them to focus on future shipments/jobs that have a greater profitability ratio.

Quick information access, report generation, and data archiving


Information reporting, data archiving and data storage are all important aspects of the logistics and shipping business. The ERP system should be able to generate and archive reports, including balance sheets, shipping-related MIS reports, packing lists, purchase orders and multiple invoices for different chain partners and quotations. Furthermore, cargo documents, including Cargo Arrival Advice (CAA), Cargo Arrival Notice (CAN), Delivery Order (DO) and House Bill of Lading (HBL) should be directly generated from the application. This helps business owners not only to retrieve but send these documents directly from the system to the logistical chain partners.