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.