Tally Costing for Manufacturing Entities

Auditick

Program Overview

Tally Costing for Manufacturing Entities is a specialized, technology-driven program designed to provide in-depth practical knowledge of accounting and costing for manufacturing businesses.

The course focuses on applying cost accounting principles within Tally, enabling learners to manage production-oriented financial processes with accuracy and confidence.

By integrating academic accounting concepts with real manufacturing workflows, the program equips learners with the skills required to handle inventory, production costs, procurement, and contract-based transactions—making it an essential course for aspiring manufacturing accountants and cost analysts.

The curriculum is structured to develop learner expertise progressively—from foundational accounting concepts to advanced manufacturing and costing applications—ensuring a smooth transition from theory to practice.

Target Audience

This program is ideal for:

B.Com / Finance graduates and final-year undergraduate students
Learners who have completed an Advanced Diploma in Business Accounting
Working professionals seeking specialization in manufacturing accounting and costing
Individuals aspiring to careers in cost accounting, inventory management, and manufacturing finance

The course is particularly suited for learners aiming to work in manufacturing units, production-based enterprises, and industrial accounting roles.

Learning Outcomes

On successful completion of the course, learners will be able to:

Apply costing principles specific to manufacturing entities
Accurately record manufacturing-related accounting transactions in Tally
Manage inventory across raw materials, work-in-progress (WIP), and finished goods
Set up and maintain Bills of Materials (BOM) to track production costs
Determine reorder levels and inventory optimization metrics
Process purchase orders, Goods Receipt Notes (GRN), and material inward entries
Track pending sales orders and contract-based agreements
Handle revenue recognition and cost allocation in manufacturing scenarios

All learning outcomes are achieved through hands-on, real-world simulations within Tally.

Course Duration & Batch Structure

Total Duration: 150 Hours

Course Length: 2.5 Months

Delivery Mode: Practical, instructor-led sessions using Tally

Batch Size: Limited to ensure personalized attention and effective skill acquisition

Learning Progression

1. Foundational Accounting

Core principles of bookkeeping and financial recording
Journal entries, ledger posting, and trial balance preparation

2. Intermediate Manufacturing Accounting

Manufacturing-specific journal entries
Stock adjustments and inventory valuation
Work-in-Progress (WIP) accounting and cost accumulation

3. Advanced Practical Applications

Bill of Materials (BOM) setup for tracking raw materials and production costs
Inventory optimization through reorder level determination and stock control
Procurement and Receipt Management
- Purchase order processing
- Goods Receipt Note (GRN) handling
Contract Accounting and Sales Order Management
- Tracking pending sales orders
- Revenue recognition in long-term and contract-based manufacturing projects

Hands-On Training Methodology

200+ practical accounting and costing entries covering diverse manufacturing scenarios
Industry-relevant case studies reflecting real production and inventory workflows
Continuous practice within Tally, aligned with manufacturing business requirements

Skill & Career Outcomes

Job-ready proficiency in manufacturing accounting and costing
Strong understanding of inventory, production, and cost control systems
Ability to manage end-to-end accounting workflows in manufacturing environments
Readiness for roles in manufacturing finance, cost analysis, inventory control, and industrial accounting

Program Impact

The Tally Costing for Manufacturing Entities course transforms theoretical cost accounting knowledge into practical, technology-enabled expertise, empowering learners to confidently handle accounting operations in manufacturing organizations from day one.