This course is for those interested in starting a career in bookkeeping. The course builds on the knowledge and skills covered in the first course in this professional certificate, Fundamentals of Accounting and Reporting, and dives deeper into accounts payable and receivable management.
Principles of Accounts Payable and Receivable Management
Principles of Accounts Payable and Receivable Management
This course is part of Tally Bookkeeper Professional Certificate
12,009 already enrolled
Included with 
Gain insight into a topic and learn the fundamentals.
4.6
(58 reviews)
Intermediate level
Recommended experience
35 hours to complete
3 weeks at 11 hours a week
Flexible schedule
Learn at your own pace
Skills you'll gain
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
43 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Build your Finance expertise
This course is part of the Tally Bookkeeper Professional Certificate
When you enroll in this course, you'll also be enrolled in this Professional Certificate.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate from Tally Education and Distribution Services Private Limited
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There are 7 modules in this course
At the end of the module- storage and classification of inventory you will be able to: 鈥� Describe inventory management鈥� Explain storage and classification of inventory 鈥� Create inventory masters in Tally 鈥� Maintain batch-wise details 鈥� Purchase and sell the goods using batch wise feature鈥� View the batch reports鈥� Maintain price level and price lists 鈥� Revise the price list for different price levels
What's included
31 videos10 readings6 assignments1 discussion prompt
At the end of the module, Accounts Receivable and Payable Management, you will be able to: 鈥� Explain accounts payable and receivables 鈥� Maintain and activate bill-wise entry in Tally 鈥� Describe the usage of bill-wise entry in purchase, sales, payment and receipt vouchers. 鈥� Manage outstandings by keeping track of receivables and payables 鈥� Generate reminder letters and confirmation of accounts 鈥� Also, split the single sales bill into multiple bills
What's included
27 videos11 readings10 assignments
At the end of the module, Purchase and Sales Order Management you will be able to 鈥� Maintain complete purchase and sales order processing 鈥� View the order outstandings reports 鈥� Explain Pre-closure of Orders 鈥� Maintain Reorder Levels
What's included
23 videos8 readings7 assignments
At the end of the module Tracking Additional Costs of Purchase, you will be able to: 鈥� Track additional costs of purchase like Packing Cost and Transportation Cost 鈥� Record Purchase Transaction with Additional Cost Details in Voucher Mode 鈥� Rcord Purchase Transaction with Additional Cost Details in Item Invoice Mode 鈥� Record Debit Note Voucher with Additional Cost
What's included
7 videos4 readings2 assignments
In this module you will learn to: 鈥� Create and maintain cost centres 鈥� Create and maintain the cost categories 鈥� View reports relating to cost centres and cost categories 鈥� Create and maintain cost centres class, and 鈥� Generate reports related to cost centre and categories
What's included
17 videos6 readings4 assignments
At the end of the Module Budgets and Scenarios, you will be able to鈥�. 鈥� Explain the meaning and importance of maintaining a budget in an organisation 鈥� Create and maintain budgets using Tally 鈥� Generate the variance report 鈥� Manage and create Scenarios in Tally
What's included
9 videos7 readings6 assignments
At the end of the module Generating and Printing Reports, you will be able to鈥�. 鈥� Analyze and Generate the reports like Stock Query, Godown wise Stock Availability, Stock Summary Analysis and Movement Analysis report 鈥� Compare the reports quarterly 鈥� Generate Financial Statements 鈥� Generate Books and Registers 鈥� Take Print of invoice and Reports
What's included
19 videos9 readings8 assignments
Instructor
Instructor ratings
4.4 (17 ratings)
Tally Education and Distribution Services Private Limited
6 Courses50,037 learners
Explore more from Finance
Tally Education and Distribution Services Private Limited
Politecnico di Milano
IESE Business School
Corporate Finance Institute
Why people choose 糖心vlog官网观看 for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, 糖心vlog官网观看 is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. 糖心vlog官网观看 allows me to learn without limits."
Learner reviews
4.6
58 reviews
- 5 stars
74.13%
- 4 stars
18.96%
- 3 stars
0%
- 2 stars
1.72%
- 1 star
5.17%
Showing 3 of 58
VV
4
Reviewed on Dec 24, 2022
one of the best course on tally prime . the presentation is very clear and understandable . little bit confusion in the ends of the course but it great
KN
5
Reviewed on Mar 31, 2024
I've learned a lot. thank you so much. I am really grateful
MA
4
Reviewed on Sep 9, 2024
excellent .. but I feel there should be more practical videos of QuickBooks. But still course is very good
New to Finance? Start here.
Open new doors with 糖心vlog官网观看 Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose 糖心vlog官网观看 for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don鈥檛 give refunds, but you can cancel your subscription at any time. .
More questions
Financial aid available,