Day: April 5, 2021

4 job options for tally experts

Tracking, recording, analysing, and reporting everyday operations and financial aspects of a business is very essential for mindful investment, profit generation, and expenditure. Tally is a technologically-driven advanced accounting tool that helps many organizations manage different operations, maintain accounting data, avoid loss, omission, or repetition of data, and transfer or present the data coherently whenever required.

Tally can help one equip with many relevant skills which are required for banking, bookkeeping, inventory management, billing and taxation, purchase and sale management, and so on. Knowledge of Tally can be of huge help to individuals they can change their area of work or department, land lucrative opportunities as a fresher, change their career path, and can also manage their own business professioally.

  1. Billing executive

Billing involves the creation, management, and issuing of receipts and invoices to internal or external stakeholders of the business. Businesses usually handles many different existing and new clients at tight deadlines and require proof of all the payments made or received to enhance their professional relationships which can assist in profit or loss calculations.

Tally is mainly used by billing executives to avoid manual data entry, ensure accurate figures, and eliminate errors while preparing receipts and invoices. It helps in creating new invoices, adding, searching, and summarising customer records, converting different currencies, and credit card processing. This tool also include many different features like financial calendars, database and records management, hours tracking, reminders, and reporting options that make billing much easier.

2. Tally Freelancers

Freelancing in Tally can be called as a new-age dynamic career opportunity for experts who wish to be associated with different organisations instead of imparting their services to one. Freelancers can work for different clients and earn individually based on every service or installation they do.

They work for 2-5 hours a day, Tally experts work on basic bookkeeping and accounting functions, provide daily work reports, create and provide GST reports, pay TDS, make receivable and payable statements, and bank reconciliation statements. Tally experts are one who can provide services on a contractual or consultation basis to mid-size or large organisations. They can also work as trainers for corporate clients if they want.

Individuals with a flair and passion for teaching and a love for tally could combine their skills and provide education to young learners which can take their expertise a step further.

3. Inventory manager

Inventory management involves tracking, controlling, and managing the movement, stocking, usage, order processing, and manufacturing of inventory. Inventory usually contains raw products, goods which are work-in-progress, and final products which differ from industry to industry.

Tally provides inventory managers to ensure a sufficient supply of the right materials at the right time, avoid overstocking or understocking, which can reduce the handling costs. This software simplifies the stock management, helps in location or warehouse management, manufacturing, organising the inventory batch-wise and lot-wise, making accurate reports, managing the costs from other parties, making and delivering online business reports accurately.

4. Accountant

Accountancy is the process of recording, managing, and reporting the financial activities of a business. Accounting starts right after when bookkeeping ends and helps businesses understand their status, profit and loss made during a certain period, and their financial results.

Usage of Tally software for accounting improves its accuracy and efficiency upto a certain level, prevents mistakes and promotes the utilisation of time for valuable administration, strategy building, and execution-related functions. The software allows multi-user access, automation, online support, data security, is affordable, and is scalable which helps in easing accountancy processes.

Productivity tips for studying from home

Photo by Liza Summer on Pexels.com

While the pandemic has compelled us to do all our work and study from home. But studying form home has many challanges. Here are some of the tips to stay productive while studying from home-

1. Create a Distraction-Free Study Space

The key to studying at home is to create a space within your home that has some of the benefits of a school or library, with as few of the distractions of the home as possible. In other words, you need a nook where you can work without a TV, bed, or other distracting objects near you. 

Some students have achieved this by setting up their study space on a dining room table in their home. Others have set up a desk in the hallway so that they won’t be tempted to go to their room and sleep. Some may be able to use the common computer room or study space.

2. Follow a School-Like Schedule 

The easiest way to mimic the focus and productivity that you have in school is by working on the same schedule you would when you’re in school. Similarly to how you spend consecutive periods in different subjects during the school day, you can set a schedule for yourself that has you spend a certain amount of consecutive hours studying each subject every day. 

This routine may seem a bit odd at first since you won’t be moving around like you do when you switch classes at school. However, much like you get used to the school schedule in a few days after summer vacation, you’ll get used to the new schedule you set for yourself as well. 

3. Dress The Part 

Remember the feeling of comfort and laziness you feel when you’re in pajamas (some of you may be feeling it right now)? Now think about the feeling of purpose and determination you can feel once you’ve showered and gotten dressed for the day? They’re very different mindsets, and you can probably guess which one is best for studying from home. 

Something as simple as getting ready in the morning as if you were going to school can really put your mind in a more determined, focused state. This can really help you get into that focused, productive mindset. In other words, if you dress the part of a focused student, you have a better chance of acting the part of a focused student. 

4. Avoid Your Bed At All Costs

Most students have fallen prey to this sneaky trap. We get tired in the middle of the day from being productive in the morning. We think we can take a small nap break. Next thing we know, we’ve slept most of the afternoon away and then wake up not wanting to do any more studying. It is so easy to do, and it can ruin what could have been a very effective study day. 

So, as a general rule, when you’re trying to study, avoid your bed as much as you can. Try to study in a chair or at a desk, where you have to sit up and pay attention. If you let yourself lie down or try to study in bed, you are guaranteed to feel sleepier and not be as productive. If you don’t really have any other space to study, try to sit on your bed a different way, away from your pillows, so you’re less tempted to fall asleep.

5. Take Breaks

There is no sense in trying to study for 10-12 hours straight if your body and mind can’t handle that. After the first few hours, you are going to get tired, and your brain won’t be able to absorb and retain information as well as it could if you were rested. At this point, you can study all you want, but you will not be studying productively. 

It’s okay to take periodic breaks during the day as often as you need to. Mind you, these won’t be long breaks. You don’t want to lose your motivation! But you can take 15 minutes here and there to clear your head, recharge, and be ready to tackle those books again at full force. 

6. Form Virtual Study Groups

Who says that study groups need to be in person? In this day and age, with technologies like Zoom, Skype, FaceTime, or just a plain phone call, you can connect with your fellow classmates from the comfort of your home and help each other learn just as if you were together in class. 

There are several benefits to virtual study groups. Some video conferencing platforms allow you to record your meetings, so you can look back on the study session you and your peers had if you ever forget what was said. You can also mute yourself whenever you need to so that you can multitask, if needed. Finally, the home environment seems far less lonely and maybe even more fun when you have students like you to talk to you and compare notes with. 

7. Get Your Other Chores Out Of The Way 

One of the most annoying things that can happen to a teenager is to be working in the zone, then to be distracted by their parents asking them to do the dishes, laundry, etc. Taking unplanned breaks during your study time to do something else can really mess up your concentration. It’s hard to get back in the zone once you’ve been pulled out of it. 

So if you know that you also need to do some household chores in addition to your math homework, try to knock the chores out either before or after your study session. This way, you won’t be constantly worried about getting them done, and you’ll be less likely to be distracted while you’re trying to study. 

8. Set Boundaries For Yourself 

If you find that you’re going to be working from home for a few days or even a few weeks, you’re going to need to make sure that you’re setting boundaries for yourself that will allow you to keep your sanity while not leaving the house. For instance, if you let yourself study for 12 hours a day for days on end, odds are that you are quickly going to get really sick of studying at home. 

Set time limits for yourself each day. Maybe you won’t start working until mid-morning so that you can go for a run and eat a healthy breakfast. Maybe you won’t work best at 6 PM since you want to spend that time with your family. If you set these boundaries for yourself, you will help keep your mental health in check. You may also find that placing time limits on your study time helps to motivate you to get more done during the hours that you are studying. Generally, the more time we give ourselves to do something, the more time we take.

9. Exercise Regularly 

It is well known that exercising can give your body the endorphins and serotonin that it needs to be relaxed, focused, and more productive during the day. The downside to studying at home is that you probably don’t have a gym inside your house where you can get in an intense hour-long workout. While you can’t necessarily do a full workout if you’re stuck at home, there are little exercises that you can do at home to help you be more productive. 

10. Give Yourself Something To Look Forward To 

At the end of the day, if you’re truly not feeling like you’re studying your best, try to set some goals for yourself and reward yourself for hitting those goals. For instance, you can set a goal to memorize 100 flashcards by the end of the day. If you do, you’ll reward yourself with an hour of watching your favorite show. 

When you have to study from home for a while, it can be easy to fall into a rut. After all, you’re in the same place day after day, and your days aren’t that varied. So positive reinforcement mechanisms like this can really help to keep you going and give you a reason to keep studying. I hope these tips help you.

How to become resilient after Covid-19 ?

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As the Covid-19 continues to shatter the normal existence, our economy and ways of livelihood of many people have been disturbed to a great extent. The global economy has fallen into an unprecedented recession. The International Labor Organization has estimates that 400 million people in India are at risk of falling deep into poverty. Along with economic problems, there have also been an decline in the environmental condition that has further put the poor people into depression.

The government must take some comprehensive steps that are sustainable and will help to recover from the decline while becoming resilient. Here are some of the steps recommended by some eperts-

  1. Invest in sustainable energies- Infrastructure investments are an effective way to boost economic activity and create jobs. Data from the 2008-09 financial crisis shows that South Korea, which directed nearly 70%of its stimulus towards green measures, rebounded faster than other economies in the Organization for Economic Co-operation and Development (OECD). In the United States’ 2009 Great Recession recovery package, investments in clean energy.

India too should take this opportunity to increase support for renewable energy, particularly rooftop solar, through appropriate policies and business models. Decentralized solar power can help spread critical services in remote regions if the upfront capital constraints can be addressed. It should revisit the potential import duties on solar panels, since this may not increase domestic production, but may raise the cost of solar power.

Similarly, scaling up the electrification and adoption of public transport will be critically important to reduce traffic congestion and air pollution. This should involve closer coordination with the electricity sector and a greater focus on vehicle charging infrastructure. Continued investment in cold storage facilities and supply chains will ensure the preservation and timely delivery of agricultural produce and reduce losses to farmers.

2. Build resilience for the most vulnerable- About 90% of India’s workforce is informally employed, which includes gig economy workers. This population is extremely vulnerable to economic shocks and needs greater access to formal credit and social safety nets such as insurance and pension schemes.

Beyond employment guarantees, a universal basic income – broader than current schemes that are conditional upon occupation and land ownership – can help provide vital resources for subsistence, or for investing in education and health. Greater access to bank accounts for the 20% of adults without one, per 2017 data, would help efficiently deliver this income to households.

Lastly, it is critically important to expand access to clean water, clean air and primary health care. These will improve life expectancy and increase economic and physical resilience.

3.  Use fiscal mechanisms for recovery and resilience

Fiscal mechanisms can help support recovery and resilience efforts, while promoting low-carbon development. The Indian government has announced an economic stimulus of INR 1.7 trillion ($24 billion), and is exploring another bailout of INR 750 billion for Micro, Small and Medium Enterprises (MSME), among other steps. Though MSMEs need immediate financing to deal with their wage bills, the government can also infuse capital for them to undertake needed industrial energy efficiency upgrades.

Several sectors, like the aviation and auto industries, will need support in order to recover. This will require consideration of the fiscal situation, and it presents an opportunity to encourage greater sustainability by making this support conditional on cleaner technologies and fuel efficiency.

4. Encourage long-term change in behavior

The current crisis has changed patterns of consumption. Electricity usage patterns have shifted as people are working from home on more flexible schedules. Non-essential purchases have temporarily ceased. All these offer an opportunity for implementing demand-side solutions to drive long-term behavior changes for more sustainable development.

For instance, encouraging conservation in energy – through nudges and tariff reforms – can drive down consumption. Promoting reuse, recycling and repair models for consumption can contribute to a circular economy and reduce the waste generated by current business models. Supporting the continuation of work-from-home policies can drive down road traffic congestion and air pollution.

5. Regulate enabling technologies

Finally, it is useful to consider that the future may see greater employment in the gig economy and e-commerce sectors, as well as in new technologies that can help support future response and resilience mechanisms. While supporting the development of such sectors, it is important to put the right regulations in place to ensure data privacy and consumer protection.

The decisions taken today can provide immediate relief, but also secure a lasting economic recovery, increase community resilience and ensure a long-term pathway to sustainable development. We shouldn’t let this chance slip.

Guidelines

 

Book Chapter Publication

Authentic, scholarly and unpublished research papers are invited from academicians and writers for publication in an edited volume. The volume will be published with an ISBN (International Standard Book Number) by Edupedia Publications Pvt Ltd, New Delhi. Authors are requested to strictly follow the submission guidelines mentioned herewith in their papers. Only electronic submission via email will be accepted for publication to editor@eduindex.org

Book will be available for global readers through our distribution partners Google Books and Amazon. 

Book will be indexed in different database like Google Scholars and others to boost citation. 

Certificate of Publication will be issued to individual contributors from reputed Academic Publication of India which is UGC approved and indexed. (Edupedia Publications Pvt Ltd)

BOOK CHAPTER PUBLICATION

“Book Chapters in Upcoming Books”

Send typed manuscript in English only for publication, we don’t entertain book chapters in other languages.

Submission Guidelines

• Manuscript must be written in English language.
• File must be in Microsoft Word format (Preferably Word 2007).
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• Abstract: 300 words
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• A brief bio-note of 150 words of the respective authors should be attached towards the end of the paper.

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