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Have you ever heard about E-mail? What it actually is, E-mail is simply an electronic version of the old email, like an email,  E-accounting is the more advanced version of the old accounting method, like the previous version it is traceable and legal. 

What’s better than a process where your paramount data is saved in an online database, where chances of any fraud or cheating are less likely? 

E- accounting is one of the most prominent alternatives as it replaces traditional software, spreadsheets or manual paper based accounting systems. 

In this digital era one thing can be said, E- accounting has a futuristic approach, and various job opportunities are there after this course. Let’s get started, and learn more about this course and future opportunities it comes up with 

E-accounting also known as online accounting, as we all know the transition of offline market to online market, this transition also came up with the change in old accounting method, instead of recording data offline on papers, with a lot of hustle, its better to use technology and new online methods to record data and keep your data in a more feasible and safer system. 

E-accounting involves- 

1. Regular accounting functions

2. Accounting research 

3. Accounting training 

4. Education through various internet based or computer based accounting tools 

It also includes internet based accounting software and electronic financial spreadsheet tools for better financial decisions! 

E- accounting is not just feasible for a company or an accountant but it also comes up with a lot of profit because it helps in saving huge amounts of money spent on manual books and distinctive accounting software, moreover no software defaults or failures, your accounts are saved and secured in an online server where an accountant doesn’t need to worry about recording the data manually. 

But as much as it sounds interesting and easy, but the position of an E-accountant comes up with its own skills- 

1. Self critic, as an accountant whatever decision you take has an impact on the company’s financial aspect. This is the crucial part for an accountant to see the wider consequences. 

2. Business acumen and interest 

3. Strong communication and interpersonal skills 

4. Teamwork is the most important skill 

5. Organizational skills to manage deadlines 

6. Numeracy 

For E-accounting , Tally is one of the most popular accounting software in the world, used by more than 20 lakh businesses across 100 countries today. 

It helps in recording day to day transactions and helps to analyse business related data, one of the most useful software for companies and businesses. 

Tally is an accounting cum ERP system which focuses on delivering total workflow automation with the goal to provide relief to accountants and finance experts by making their work more feasible and hustle free. 

But apart from this software E-accounting has a lot of amazing features which actually makes it unique and futuristic - 

In the old version of accounting, it was way more difficult to spot mistakes and correct it immediately, but due to technological advancement things got much easier for an accountant and the company because in e-accounting one can find mistakes easily and rectify them! 

With the ongoing competition among software companies, every single day companies are coming up with new updates to make the financial accountancy and recording faster and faster, which give e-accounting a beneficial point! 

Because ethical hackers working on the development of advanced accounting software to prevent hacking of the main accounting database makes e-accounting a safer alternative for companies. 

Because of the automation system of e-accounting which helps large business chains to record their important data without worrying about their scale. 

Because of technological advancement any accounting software can adjust with new revisions of any laws and accounting standards.

Even if there’s  a transitional period in the business model to another, the accounting software may also change its configuration.

After understanding the features and components of e-accounting, let’s move towards the benefits of E-accounting 

1. There will be no difficulties between the book keeper and the owner of any business (HUSTLE FREE ) 

2. For any company, low investment with better results is the key and e-accounting is a low budget investment with better results for any company. 

3. As it's been said, time is the real money and e- accounting serves its part because It saves a lot of time.

4. No need of downloading and installing any new software 

5. It gives better control cause there’s a shift of moving finances from paper records to computerised accounting software 

After understanding about e-accounting and its benefits we need to understand about the e-accounting software too 

E- accounting and its software 

Tally being a comprehensive business management software, which helps you manage all business processes starting from-

Accounting

Inventory 

Banking 

To payroll management 

E-accounting has been universally adopted, and till yet we all might know that it is an online way of recording financial transactions on a server or like a database, website or web blog which will normally require a login ID or password to access the account  

There are two ways of pursuing E-accounting as your career- 

1. Pursuing E-accounting after your class 12th by opting a right course by an experienced institution with better mentors. 

2. To become an E-accountant  after graduation degree, and expertise in 

Finances, analysing records, with a sharp eye for details. 

After understanding about the scope of this course, one thing we all have realised that in this era businesses are highly relying on E-accounting and accountants  for their betterment which simply means the more they rely the more job opportunities generate, which makes it feasible for both of the parties, one who are pursuing this course after graduation or after the class 12th, But as mentioned above, as it is a skill based course so no matter if you are 12th pass or graduated, the more you are skilled the more opportunities you get ! 

Job opportunities after the course of E- accounting 

Demand for an E-accountant is on its peak as its a digital era with technological advancements every single day, there are various job opportunities waiting for you after the completion of this course - 

1. Account executive 

2. Tally operator 

3. Administrator executive 

4. Excel/MIS executive 

5. Inventory clerk 

6. Tax consultant 

7.Banking clerk 

8. Accountant 

9. Senior accountant 

10. Accountant manager 

Scope after the course of E-accounting course In India 

The scope of an E-accountant  is higher, because in India most of the students still prefer theoretical based degrees over skill based courses and this course usually comes up with a silver lining where you have to invest less with high ROI ( return on investment). 

An E- accountant is responsible for preparing, maintaining and analysing financial records and providing financial advices to clients, and course done by a reputed institution can prepare you for all the better opportunities and can also help you to learn all of this  

After this course one can expect a salary between 2.3-3 lakhs per annum in the initial stage.

Salary per annum may differ on the basis of your skills and the company you want to work for! 

The scope of accounting and finance jobs in India in 2024 is expected to be much in demand because this sector plays a prominent role in the functioning of businesses across industries, and its importance is unlikely to diminish in the upcoming years, And All of the reasons make this position more secure and safe. 

The Bureau of labour statistics projects a steady increase in the employment of accountants and auditors over the coming years. 

There are various institutions that provide this course but promising recruitment rate is rare and by  just knowing the importance of this course and E-accountants, won’t give you a career ladder for that you need to pursue this course from an institution that works on skill based courses, has a long journey, and a lot of experience, mentors who provide you with their best teachings, pocket friendly courses, accessible courses (both online and offline) , has a high recruitment rate/ placement rate after the completion of the courses, and these are qualities SPARC institution has and all of this makes us different and more accessible! 

This is where you belong, and SPARC sees you starting your journey with us!