Financial Analysis & Management

About Course

This course aims to empower learners with the skills needed for financial management and analysis using Tally. It covers foundational accounting principles, advanced financial reporting, and practical applications for decision-making.

What You'll Learn?

• Master the core functionalities of Tally for financial management.
• Gain expertise in analyzing and interpreting financial data.
• Develop skills to manage GST compliance and taxation.
• Use Tally as a tool for business decision-making and reporting.

Course Content

Module 1: Introduction to Financial Management
1. Overview of Financial Management principles.
2. Importance of financial analysis in businesses.
3. Role of Tally in financial data management.

Module 2: Basics of Accounting Using Tally
1. Setting up Tally software.
2. Creating companies, ledgers, and groups.
3. Types of vouchers and their applications:

-Payment vouchers
-Receipt vouchers
-Journal vouchers

4.Double-entry accounting system in Tally.

Module 3: Financial Transactions and Reporting
1. Recording day-to-day business transactions.
2. Bank reconciliations using Tally.
3. Generating financial statements:

-Profit & Loss Account
-Balance Sheet

4. Trial balance and adjustments.

Module 4: Taxation and Compliance
1. Introduction to GST:

-GST setup in Tally
-Recording GST-compliant transactions
-Filing GST returns through Tally

2. Overview of TDS and its implementation in Tally.

Module 5: Financial Analysis with Tally
1. Analyzing business performance using:

-Ratio analysis
-Cash flow and fund flow statements
-Budgeting and variance analysis

2. Using cost centers and cost categories for profitability tracking.

Module 6: Exporting and Automating Reports
1. Exporting data from Tally to Excel for advanced analysis.
2. Automating financial reports in Tally.
3. Customizing financial dashboards.

Module 7: Advanced Features in Tally
1. Managing multi-currency transactions.
2. Inventory management and stock analysis.
3. Payroll setup and employee management.

Module 8: Practical Applications
1. Case studies and real-life scenarios::

-Business performance analysis.
-Expense tracking and optimization.
-Financial decision-making using Tally insights.

2. Hands-on practice with Tally software.

Who can join our Financial Analysis Management Training?

Aspiring accountants and finance professionals.
Entrepreneurs and business owners seeking financial management skills.
Students and graduates aiming to build a career in accounting and data analytics.
Professionals looking to upgrade their skills with automation and AI integration.