Tally Accountant

V catapult

0 Years

10000 - 15000 Monthly

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Posted: 18 Apr 25

Job Description

A Tally Accountant is a finance professional responsible for maintaining and managing financial records using Tally, a popular accounting software widely used in India and other countries. This role involves handling bookkeeping, data entry, tax calculations, payroll processing, financial reporting, and ensuring compliance with accounting standards and government regulations. A Tally Accountant plays a crucial role in the financial health of an organization by ensuring that all monetary transactions are recorded accurately and efficiently.

Key Responsibilities

1. Accounting and Bookkeeping

Day-to-Day Entries: Record all financial transactions including sales, purchases, receipts, and payments in Tally ERP 9 or Tally Prime.
Ledger Maintenance: Create and manage ledgers for customers, suppliers, and various expense and income heads.
Journal Entries: Pass journal entries for adjustments, depreciation, accruals, and provisions.
Petty Cash Management: Track and reconcile petty cash expenses and ensure proper entry into the system.

2. Accounts Payable and Receivable

Invoices and Bills: Process vendor invoices and generate customer invoices with accurate tax calculations.
Payment Tracking: Track accounts receivable and follow up on overdue payments. Manage timely payments to vendors and service providers.
Reconciliation: Reconcile accounts payable and receivable with bank statements and ledger balances regularly.

3. Taxation and Compliance

GST Management:
- Calculate and record GST for sales and purchases.
- Prepare and file monthly/quarterly GST returns such as GSTR-1, GSTR-3B.
- Reconcile GSTR-2A/2B and address discrepancies.
TDS Deduction and Filing:
- Deduct TDS as per applicable rules and maintain records.
- File TDS returns quarterly and generate Form 16/16A as needed.
Statutory Compliance: Ensure compliance with other statutory requirements such as PF, ESI, Professional Tax, and Income Tax as applicable.

4. Payroll Processing

Salary Computation: Assist in preparing monthly payroll using attendance records and statutory deductions.
Employee Records: Maintain employee payment details, deductions, advances, and reimbursements.
Payslip Generation: Generate and distribute salary slips through Tally or manual formats.

5. Financial Reporting

Trial Balance & Final Accounts:
- Generate Trial Balance, Profit & Loss Account, and Balance Sheet reports from Tally.
- Assist in preparing financial statements for audits or internal review.
Cash Flow Management: Monitor inflow and outflow of cash and prepare cash flow reports.
Bank Reconciliation: Perform monthly bank reconciliations to ensure financial accuracy.

6. Auditing Support

Internal and External Audits: Assist auditors by providing accurate records, reports, and explanations of financial entries.
Documentation: Maintain organized records of vouchers, receipts, tax filings, and other relevant documents for audit and compliance purposes.

7. Data Backup and Software Maintenance

Regularly back up data in Tally to prevent data loss.
Coordinate with the IT team for software updates, technical issues, and ensuring secure access to financial data.

More information about this Tally Accountant Job

Please go through the below FAQs to get all answers related to the given Tally Accountant job

What are the job requirements to apply for this Tally Accountant job position?
- Ans: A candidate must have a minimum of fresher as an Tally Accountant

What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com
What are the salary requirements for this job?
- Ans: The salary range is between 10000 and 15000 Monthly. The Salary will depend on the interview. This Tally Accountant is a Full Time in Madurai.
What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
This Tally Accountant is a work from home job?
- Ans: Yes,its a Work from Home Job.
How many job vacancies are opening for the Tally Accountant position?
- Ans: There are immediate 1 job openings for Tally Accountant in our Organisation.