Tally Prime

Essential accounting software has been known for its best in financial applications and accounting systems. A tally is an important tool in calculating monetary terms, accountancy, tax, and GST calculating, managing commercial transactions effectively and efficiently.

Module 1: Introduction to Accounting & Tally Prime

• Basics of Accounting Concepts

• Accounting Principles & Conventions

• Types of Accounts

• Golden Rules of Accounting

• Manual Accounting vs Computerized Accounting

• Introduction to Tally Prime Interface

• Company Features & Configuration

Module 2: Company Creation & Configuration

• Creating a New Company

• Company Alteration

• Setting Financial Year & Books Beginning

• Ledger Creation & Groups

• Chart of Accounts

• Accounting Features Configuration

• Security Control & User Management

Module 3: Ledger & Voucher Management

• Creating & Altering Ledgers

• Voucher Types:

  • Payment

  • Receipt

  • Contra

  • Journal

  • Sales

  • Purchase

• Voucher Entry with Practical Examples

• Narration & Reference Numbers

• Voucher Cancellation & Duplication

Module 4: Inventory Management

• Inventory Features Activation

• Stock Groups, Categories & Units

• Stock Item Creation

• Godowns / Warehouses

• Stock Valuation Methods

• Purchase & Sales with Inventory

• Stock Summary & Reports

Module 5: Banking & Reconciliation

• Bank Ledger Creation

• Cheque Printing

• Bank Reconciliation Statement (BRS)

• Post-Dated Cheques

• Auto Bank Reconciliation

• Bank Reports & Statements

Module 6: GST (Goods & Services Tax)

• Introduction to GST

• GST Registration Process

• GST Configuration in Tally Prime

• GST Ledgers & Tax Rates

• Intra-State & Inter-State Transactions

• Purchase & Sales with GST

• Reverse Charge Mechanism (RCM)

• GST Returns:

  • GSTR-1

  • GSTR-3B

• GST Reports & Reconciliation

Module 7: TDS & TCS

• Introduction to TDS & TCS

• TDS Configuration in Tally

• Deductee & Deductor Setup

• TDS Voucher Entries

• TDS Returns & Challans

• TCS Transactions & Reports

Module 8: Payroll Management

• Payroll Features Activation

• Employee Creation

• Salary Structure & Pay Heads

• Attendance & Payroll Processing

• PF, ESI & Professional Tax

• Payroll Reports & Payslips

Module 9: Cost Centres & Cost Categories

• Introduction to Cost Accounting

• Cost Centre Creation

• Cost Category Setup

• Cost Allocation in Vouchers

• Cost Centre Reports & Analysis

Module 10: Financial Statements & Reporting

• Trial Balance

• Profit & Loss Account

• Balance Sheet

• Cash Flow & Fund Flow Statements

• Ratio Analysis

• MIS Reports

• Audit & Verification Tools

Module 11: Manufacturing & Job Work

• Manufacturing Features

• Bill of Materials (BOM)

• Job Work Inward & Outward

• Consumption & Production Tracking

• Manufacturing Reports

Module 12: Data Management & Security

• Backup & Restore

• Data Splitting

• Data Migration

• Export & Import (Excel, PDF, XML)

• Tally Audit Features

• Security Control & User Rights

Module 13: Tally Prime Advanced Features

• Tally Prime Shortcuts & Productivity Tools

• Custom Reports

• Budget & Controls

• Interest Calculation

• Multi-Currency Transactions

• Remote Access

• Tally on Cloud (Overview)

Module 14: Practical Accounting & Live Projects

• Manual to Tally Accounting Conversion

• Trading, Manufacturing & Service Company Case Studies

• GST Filing Practice

• Real-Time Accounting Projects

• Company Audit Simulation