Module 1: Introduction to Tally Prime

Topics Covered:

• What is Tally Prime?
• Importance and Features of Tally
• Difference Between Tally ERP 9 and Tally Prime
• Installation & Activation of Tally Prime
• Navigating the Tally Interface
• Company Creation, Alteration & Deletion

Explanation:
Tally Prime is India’s most popular accounting software used by businesses for managing financial transactions, GST, and inventory. This module introduces the interface, features, and initial setup of Tally Prime.

Module 2: Company Creation and Configuration

Topics Covered:

• Creating a New Company
• Setting up Company Details (Financial Year, Base Currency)
• Security Controls & Password Setup
• Company Features & Configuration Settings
• Backup & Restore Company Data

Explanation:
This module teaches how to create and manage multiple companies in Tally. You’ll learn to configure settings based on company needs and secure financial data.

Module 3: Accounting Fundamentals

Topics Covered:

• Accounting Concepts and Principles
• Double Entry System of Accounting
• Types of Accounts (Personal, Real, Nominal)
• Rules of Debit and Credit
• Chart of Accounts in Tally

Explanation:
A strong understanding of accounting basics is essential before working in Tally. This module covers fundamental accounting principles that are applied in every transaction.

Module 4: Creating Ledgers and Groups

Topics Covered:

• Creating Groups (Primary & Sub-Groups)
• Ledger Creation, Alteration & Deletion
• Displaying & Printing Ledgers
• Ledger Classification
• Managing Multiple Ledgers

Explanation:
Ledgers and groups are the backbone of Tally accounting. You’ll learn to categorize transactions properly to maintain accurate financial records.

Module 5: Voucher Entry and Types

Topics Covered:

• Introduction to Accounting Vouchers
• Types of Vouchers:
  • Payment
  • Receipt
  • Contra
  • Journal
  • Purchase
  • Sales
  • Debit Note & Credit Note
• Single & Double Entry Mode
• Voucher Alteration & Deletion

Explanation:
Every transaction in Tally is recorded using vouchers. This module explains each voucher type and how to record various business transactions accurately.

Module 6: Bank Reconciliation

Topics Covered:

• Recording Bank Transactions
• Bank Reconciliation Statement (BRS)
• Importing Bank Statements
• Auto Reconciliation Feature in Tally Prime

Explanation:
Bank reconciliation helps match company books with bank statements. This ensures all deposits and withdrawals are accurately recorded.

Module 7: Inventory Management in Tally Prime

Topics Covered:

• Enabling Inventory Features
• Creating Stock Groups, Items, and Units of Measure
• Stock Categories and Godowns
• Stock Transfers & Adjustments
• Inventory Reports

Explanation:
This module teaches how to track stock movement and manage product inventory efficiently — essential for trading and manufacturing businesses.

Module 8: Purchase and Sales Management

Topics Covered:

• Recording Purchase and Sales Entries
• Purchase Orders & Sales Orders
• Goods Receipt Note (GRN) & Delivery Note
• Invoice Configuration
• Printing and Exporting Invoices

Explanation:
Managing purchases and sales is key for every business. This module explains how to record and manage order processing and invoice generation in Tally.

Module 9: Bill-wise and Outstanding Management

Topics Covered:

• Bill-wise Accounting for Customers & Suppliers
• Tracking Pending Bills and Payments
• Credit Management
• Outstanding Reports (Receivable & Payable)

Explanation:
Tally allows bill-wise tracking of customer and supplier transactions. You’ll learn to manage credits, track dues, and maintain healthy cash flow.

Module 10: GST (Goods & Services Tax) in Tally Prime

Topics Covered:

• Introduction to GST and its Structure
• GST Registration Process
• Enabling GST in Tally Prime
• Creating GST Ledgers and Tax Masters
• Recording GST Sales & Purchase Entries
• Input Tax Credit (ITC)
• Generating GSTR-1, GSTR-3B Reports

Explanation:
Tally Prime is fully GST-compliant. You’ll learn to configure GST, record taxable transactions, and generate GST returns for filing purposes.

Module 11: TDS (Tax Deducted at Source)

Topics Covered:

• Basics of TDS and Applicability
• Enabling TDS in Tally Prime
• Creating TDS Masters
• Recording TDS Transactions
• TDS Reports and Returns

Explanation:
This module explains how to calculate and record TDS transactions within Tally Prime and generate the necessary reports for compliance.

Module 12: Payroll Management

Topics Covered:

• Enabling Payroll in Tally Prime
• Creating Employee Master & Groups
• Salary Structure and Components
• Attendance and Leave Management
• Payroll Processing and Reports

Explanation:
Payroll management allows employers to handle employee records, salary payments, and deductions systematically through Tally Prime.

Module 13: Cost Centre and Cost Category

Topics Covered:

• Enabling Cost Centre Features
• Creating Cost Centres & Categories
• Allocating Expenses to Cost Centres
• Cost Centre Reports

Explanation:
Cost centres help track department-wise or project-wise expenses. You’ll learn how to allocate costs for better financial analysis and decision-making.

Module 14: Budgeting and Control

Topics Covered:

• Creating Budgets for Ledgers and Groups
• Comparing Actuals vs. Budgets
• Variance Analysis
• Budget Reports

Explanation:
Budgeting in Tally Prime helps businesses plan expenses and monitor performance. You’ll learn how to set and control budgets effectively.