Course Overview
Course language :
English
Course Created By :
Tally Education
Inventory Management course is designed to equip learners with a profound understanding of key concepts and practices essential for effective control and optimisation of inventory within organisational settings. The course is designed to equip participants with the knowledge and skills necessary to implement efficient inventory management strategies, ensuring smooth operations and cost-effectiveness. The course covers key topics such as the fundamental concepts of storage and classification of inventory for streamlined management, purchase and sales order management processes, techniques to track additional costs of purchase and integrate them into inventory systems, insights into the manufacturing process, including its impact on inventory and job work management, job costing, understanding and utilizing inventory reports to analyze and enhance business operations.
This course is suitable for individuals aspiring to pursue careers in inventory management, operations, or accounting. It is also ideal for business professionals seeking to enhance their skills in inventory control and optimisation using Tally.
Features

Blended Learning Module
The blended learning module combines text-based materials with interactive video content, providing a comprehensive learning experience.

Interactive Learning Materials
Interactive learning materials includes a variety of resources such as explainer videos, tutorial videos, quizzes, and infographics, ensuring an engaging and effective learning journey.
Add-on Features

Grading and Assessment
Grading and assessment consist of various question types including multiple choice questions (MCQs), true or false, match the following, and image-based questions.

Verifiable Certificate
The course is designed in accordance with industry-preferred curriculum standards, known as competency frameworks. Upon completion, learners receive a digital certificate verified by Tally.
What You Will Learn
- Learning Objectives & Introduction of Storage and Classification of
Inventory - Inventory Masters in TallyPrime
- Tracking of Movements of Goods in Batches/Lots
- Price Levels and Price Lists
- Conclusion
- E-Quiz
- Learning Objectives & Introduction to Purchase and Sales Order
Management - Purchase Order Processing
- Sales Order Processing
- Order Outstandings
- Re-order Level in Tally.
- Godown Transfer in Tally
- Conclusion
- E-Quiz
- Learning Objectives & Introduction to Tracking Additional Costs of
Purchase - Configuring Additional Cost in Transactions
- Conclusion
- E-Quiz
- Learning Objectives and Introduction of Manufacturing Process- Job
Work - Job Work Out Order Processing
- Transfer of Materials (Inter-Godown)
- Conclusion
- E-Quiz
- Learning Objectives and Introduction of Job Costing
- Documents used in Job Costing Process
- Enabling Job Costing in Tally
- Creation of Chart of Accounts for Job Costing Process
- Recording Job Costing Related Transactions
- Job Costing Reports
- Conclusion
- E-Quiz
- Overview of Inventory Reports in Tall
Learning Journey
Frequently Asked Questions (FAQs)
This course is highly recommended for working professionals and students who aspire to build a successful career in Finance, and Taxation or as an entrepreneur. To get enrolled for this course, one must have completed their Graduation.
To enroll in this course, you must be a working professional and have completed your graduation in any stream. The course is designed in the best and simplest way possible, aligned with the all-new Tally Prime software.
This certification program covers topics on Inventory Management. The content is aligned with current statutory requirements, making it highly preferred in the industry.
You can enroll in the course directly through our website. Once on the course page you can click on “Buy Now”. Fill in the necessary details and proceed for making the payment. Once payment is done successfully, you will receive the payment confirmation and credentials to access the digital course content on your registered email id.
Debit Card/Credit Card/UPI Payments/Net Banking/ Payment Wallets are accepted.
The assessment is necessary to complete the course and attain the certificate which will help your career growth and enable you to showcase your key skills.
After successfully completing the course and meeting the stated assessment requirements, you will receive a digital certificate that can be verified on the Tally Education website.
For any issues or queries, you can contact our support team via email at content.support@tallysolutions.com.
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