Tally Prime
Course Duration: 120 Hrs
- Introduction to Tally Prime
Covers the basics of Tally Prime, including installation, user interface, and key functionalities for business accounting. - Creating a Company
Teaches how to set up a new company in Tally Prime with essential details like financial year and base currency. - Company Features and Configuration
Explains company-specific features and settings, such as enabling GST, multiple currencies, and maintaining accounts. - Gateway of Tally Overview
Provides an overview of the Gateway of Tally and how to navigate the menus effectively. - Ledgers and Groups Creation
Covers creating and organizing ledgers and groups for accounting purposes. - Voucher Types in Tally Prime
Introduces various voucher types, including payment, receipt, journal, and sales vouchers. - Accounting Vouchers Entry
Teaches how to enter financial transactions using accounting vouchers. - Inventory Management Basics
Explains stock groups, stock items, and units of measure to manage inventory. - Creating Stock Categories and Items
Covers defining stock categories and items for better inventory tracking. - Inventory Vouchers Entry
Teaches how to record transactions using inventory vouchers like stock journals and delivery notes.
- Godown Management
Explains how to set up and manage multiple godowns for stock control. - Bill-wise Accounting
Teaches how to maintain bill-by-bill tracking for accounts receivable and payable. - Cost Centers and Cost Categories
Covers how to track income and expenses using cost centers and categories. - Budget Management in Tally Prime
Explains how to define budgets and track performance against them. - Bank Reconciliation
Teaches how to reconcile bank statements with company records in Tally Prime. - Multi-Currency Handling
Explains how to configure and use multiple currencies in transactions. - Payroll Management
Introduces payroll features for managing employee salaries and statutory deductions. - Tax Deducted at Source (TDS)
Covers how to set up and manage TDS-related transactions and reports. - Goods and Services Tax (GST) Setup
Explains how to enable and configure GST for invoices and reports. - GST Voucher Entries
Teaches how to record GST-related sales, purchases, and returns in Tally Prime.
- Generating GST Returns
Explains the process of generating GSTR-1, GSTR-2, and other GST reports. - Point of Sale (POS) in Tally Prime
Teaches how to configure and use the POS system for retail transactions. - Credit and Debit Notes
Covers the creation of credit and debit notes for sales and purchase adjustments. - Interest Calculations
Explains how to calculate interest on outstanding balances automatically. - Order Processing in Tally Prime
Teaches how to manage purchase and sales orders efficiently. - Job Costing and Job Work
Explains how to track job-related costs and revenues in projects. - Tracking Additional Costs in Purchases
Teaches how to add and monitor additional costs during purchase transactions. - Banking Features in Tally Prime
Covers e-payments, cheque printing, and bank reconciliation features. - Security Controls and User Management
Explains how to manage user access and set security levels in Tally Prime. - Backup and Restore Data
Teaches how to back up and restore company data to prevent data loss. - Import and Export of Data
Explains how to import and export data for integration with other software. - Financial Statements Generation
Covers generating profit & loss statements, balance sheets, and cash flow reports. - Ratio Analysis
Teaches how to analyze financial ratios for better decision-making. - Audit Features in Tally Prime
Explains the audit tools available for internal and external auditing. - Inventory Ageing Reports
Teaches how to generate reports to analyze the ageing of stock. - Vendor and Customer Management
Covers tracking vendor and customer transactions and balances. - Sales and Purchase Registers
Explains how to generate and maintain sales and purchase registers. - Managing Discounts and Schemes
Teaches how to apply discounts and promotional schemes in transactions. - Scenario Management
Explains how to create and analyze multiple financial scenarios. - Bank Loan Management
Teaches how to manage and track loans, including interest payments. - Product Batch and Expiry Management
Covers how to manage product batches and track expiry dates. - Security and Data Integrity Checks
Explains how to ensure data security and perform integrity checks. - Multi-Location Management
Teaches how to manage operations across multiple locations or branches. - Statutory Compliance Reports
Explains how to generate various statutory reports for compliance. - Handling E-Way Bills
Covers the generation and management of e-way bills for transport compliance. - Sales Analysis Reports
Teaches how to generate sales reports to analyze performance trends. - Profit Margin Analysis
Explains how to calculate and analyze profit margins. - Purchase Analysis Reports
Covers generating purchase reports for vendor performance analysis. - Trial Balance Reporting
Teaches how to generate and interpret trial balance reports. - Audit Trail and Log Management
Explains how to maintain audit trails for transaction logs. - Performance Tuning and Troubleshooting
Covers tips for improving Tally Prime performance and troubleshooting common issues.
Capstone Project
Students will apply their knowledge by working on a real-world business scenario using Tally Prime.