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Complete Guide to Inventory Management

Faculty: Tally Certified Trainer (TCT)
  • duration Course Duration: 25 Hrs
  • duration Assessment Duration: 60 Min

You will get a Certificate of Merit

Online Courses Complete Guide to Inventory Management

Course Overview

Inventory Management course provides a comprehensive understanding of effective inventory control using TallyPrime software which is simple and flexible. This course teaches essential practices from storage and classification to batch handling, job costing, and material tracking, ensuring you learn how to optimise and control inventory within an organisation. 

Learn to manage purchase orders, set up reorder levels, handle godown transfers, and generate detailed inventory reports. Through practical business scenarios and quizzes, master inventory management techniques that are vital for careers in Operations, Accounting, and Business Administration. 

Features

Blended Learning Module
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

Interactive learning materials includes a variety of resources such as explainer videos, tutorial videos, quizzes, and infographics, ensuring an engaging and effective learning journey. Also, access course material for 1 year.

Grading and Assessment
Grading and Assessment

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

Verifiable Certificate
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.

Tally Prime on Cloud
Tally Prime on Cloud

TallyPrime on Cloud provides learners access to the licensed version of Tally, offering practical insights and enhancing their skills in handling real-world business scenarios.

Access to Tally Job Portal
Access to Tally Job Portal

The Tally Job Portal offers a seamless interface that connects Tally-certified learners with employers, streamlining the hiring process and boosting career prospects in accounting, finance, and business.

Tally Tutor (AI Learning Assistant)
Tally Tutor (AI Learning Assistant)

Tally Tutor is an AI-powered learning assistant that instantly answers course-related queries, links learners to relevant chapters, and explains real-world Tally examples, making learning smarter, faster, and more engaging.

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 
  • Job Work In 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 

Learning Journey

Shareable Certificate

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Frequently Asked Questions (FAQs)

This course is highly recommended for working professionals and students who aspire to build a successful career.

This certification course covers topics on inventory management. The content is aligned with current statutory requirements, making it highly preferred in the industry.

You can enroll for the course through our partner network spread across the country and globally. Locate A Partner nearby and enroll today for the course.

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.

To pass this course, you must achieve a minimum score of 36% on the assessment.

No. Your certificate will show a grade, not the percentage score. The grade is awarded as per the following ranges:

Grade Percentage Score Range
A+ ≥ 75%
A 60% – 74%
B 36% – 59%

For any issues or queries, you can contact our support team via email at content.support@tallysolutions.com.

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