The lockdown and its subsequent challenge of restarting business in the new normal have set many printers thinking. The last couple of months have been a period of introspection for small or big business alike. The emphasis now is on ‘controlling the controllable’ and then effectively reducing cost. This has made many printers go back to the drawing board and think about which tools would help them do this, instead of going in for the costly MIS/ERPs. Good old ‘Tally’ is one such software which most of the accountants are using and if the ‘Cost- Centres’ feature in Tally ERP is used, it would give an edge to the organisation in controlling costs.
If used judiciously, it can give amazing insights to the Finance Team especially in identifying department/ activities which are not contributing to the bottom line. The conventional financial accounting may not be able to capture this. Moreover, the entries relating to cost centres can be done simultaneously while doing the accounting entry. This will help in generating meaningful ‘Dash Boards’ for the Management.
DOT Institute of Graphic Communication (DIGC) has been conducting a series of Webinars and online trainings in matters of Finance under the expert guidance of CA Uday Dhote. With Unlock 1.0, DIGC now comes up with a unique ‘Web Class’ on ‘Creating Customised Cost Centres for Printing Industry (using Tally)’ scheduled for Thursday, 18th June, 2020 between 4.30 and 6.00 pm. An interactive and hands-on approach, participants will be shown live working in Tally & Excel.
So, for all Accountants and business owners who want to become ‘Atmanirbhar’ in their working, this is the perfect opportunity. You can register at: https://forms.gle/SijBNWhUnQK31ByX9
You can also get in touch with Radha Ramesh at: firstname.lastname@example.org / or call at 9967870946.