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Tally for Students: Best Accounting Software to Start Your Career

Tally for Students: Best Accounting Software to Start Your Career (2025)

Why Tally is Perfect for Students

Learn by Doing Hands-on

  • Voucher entry mirrors real-life bookkeeping
  • Instant Trial Balance, P&L, and Balance Sheet
  • Keyboard shortcuts for speed (Alt & F keys)

Industry-Relevant Skills Career

  • GST-ready invoicing and compliance workflow
  • Inventory tracking with valuation
  • Payroll basics: pay heads, payslips, PF/ESI/PT

Tip: Create a small practice company and maintain 2–3 months of entries to build your mini-portfolio.

Core Accounting

  • Company setup, ledgers, groups
  • Sales, purchase, receipts, payments
  • Journals, credit/debit notes

GST & Compliance GST

  • Tax ledgers, HSN/SAC, invoice formats
  • GSTR-1 & 3B figures from Tally
  • ITC checks & adjustments

Inventory Inventory

  • Stock items, units, godowns
  • Stock journal & manufacturing basics
  • Reorder levels & item-wise analysis

Payroll Basics Payroll

  • Employee masters & pay heads
  • Attendance & salary processing
  • Payslips & statutory ledgers

6-Week Student Roadmap

WeekFocusOutcome
1Setup, groups, ledgers, vouchersPractice company ready; daily entries
2Sales & purchase cycle + GSTGST invoices; returns figures understood
3Banking & reconciliationReceipt/payment flow; BRM proficiency
4Inventory basicsStock in/out, valuation, reorder
5Payroll introEmployee setup; payslip generation
6Reports & interview kitMIS pack; mini-project + resume points

Mini-Projects for Your Portfolio

  • Retail Shop: 60 sales, 30 purchases, daily receipts/payments
  • GST Pack: GSTR-1/3B figures with reconciliation notes
  • Inventory Sheet: Item valuation & reorder plan
  • Payroll Sample: 5 employees, payslips for 2 months

How to Present in Interviews

  • Export P&L/BS, outstanding & stock reports to Excel
  • Attach 1-page SOP of your process
  • Explain how you did bank reconciliation
  • Bring a short demo dataset on a pen drive

Entry-Level Roles You Can Target

Accounts Assistant / Executive

  • Voucher posting & ledger maintenance
  • Monthly reports (TB, P&L, BS)
  • Customer/vendor reconciliation

Upskill: Excel (pivots, XLOOKUP) + GST returns.

GST & Compliance Support

  • Invoice checks; HSN/SAC mapping
  • GSTR-1/3B data prep
  • ITC reconciliation assistance

Upskill: GST portal navigation, e-invoice basics.

Banking & Reconciliation

  • Receipts/payments posting
  • BRM & bank statement matching
  • Cash management & petty cash

Upskill: Excel functions, payment advice formats.

Inventory & Store Accounts

  • Item masters & stock journals
  • Batch/expiry (if applicable)
  • Physical stock & variance

Upskill: Basic costing & reorder planning.

Student Study Checklist

  • Create your own practice company (2 months of transactions)
  • Export 5 essential reports: P&L, BS, Outstanding, Stock Summary, Bank Reco
  • Prepare a 1-page “How I did it” SOP
  • Do a weekly backup to external + cloud folder
  • Attempt 2 mock interviews focused on Tally workflows

Is Tally enough to get my first job?

Yes—Tally + Excel basics can land entry roles. Add GST practice and reconciliations to stand out.

Do I need commerce background?

No—basic accounting concepts + consistent practice are sufficient.

How long will it take?

With daily practice, 4–6 weeks is enough to build a solid portfolio and confidence.

What if I make mistakes?

Use backups and period locks; correct with proper vouchers (debit/credit notes or JVs).

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