Tally Prime

About the Course

MDC INSTITUTE TALLY PRIME COURSE Hours - 60 Hours Credits - 4 Detailed Syllabus of Tally Prime 1. Company Info Menu  Select Company  Shut company  Create company  Alter company  Security control  Change tally vault  Split company data  Backup  Restore  Tally audit feature 2. Accounting Information  Accounting Configuration & Features  Group Creation  Multiple Group Creation  Ledger Creation  Multiple Ledger Creation  New Voucher Creation  Advance Ledger Creation 3. Inventory Information  Inventory configuration & features  Inventory info. Menu  Stock groups  Stock categories  Stock item  Unit of measurement  Bills of materials  Locations / Godowns  Batches & Expiry  Inventory voucher types  HSN Code Updates 4. Voucher Entry  Accounting voucher  Inventory voucher  optional & non-accounting voucher  Order processing  Advanced voucher entry SIES COLLEGE OF COMMERECE AND ECONOICS (AUTONOMOUS) 5. Advanced Accounting Features  Cost category & cost centres  Budgets  Interest calculations  Cheque printing  Credit limits  Scenario management  Reorder levels & reorder quantity  Price level & price lists 6. Quick setup  Tally .net  Excise for manufactures  Excise for dealer  Value-Added Tax  Tax deducted at source  Tax collected at source 7. Taxation  Excise for manufacture  Service tax  Tax deducted at source(TDS)&TCS  Value added tax(VAT)  Central state tax(CST)  Payroll features of Tally 8. Data management & Administration  Backup & Restore  Split a company, export & Import of data  E-Capabilities (E-mail a report from tally)  Uploading the reports generated from tally  Tally ODBC, Inward connectivity  Security controls  Tally Audit Feature  Tally Vault SIES COLLEGE OF COMMERECE AND ECONOICS (AUTONOMOUS) 9. Reports  Display financial statements (Display balance – sheet, configuring the balance sheet, Integrate accounts with inventory, setting closing- stock manually in the balance sheet with different stock valuation methods)  Display profit & loss A/c(configuring profit & loss A/c , income/expense statement instead of P&L)  Display trial balance (configuring in trial balance)  Display registers & ledgers (display sales register , purchase register, cash book , bank book, journal register, day book, statement of accounts 10. Online Taxation Return  Fill online ITR(Income Tax Return) download and filling forms.  Fill online VAT,CST Return  Excise Return & Forms  Online service tax return  TCS,TDS return 11. Introduction to GST  Concept of GST  Rate of GST  GST in other countries  Categories of GST  Other concepts. 12. GST (Goods & Services Tax)  Start Using Tally.ERP9 For GST Compliance  Activating GST For Your Company  Setting Up GST Rates  Updating Stock Items and Stock Groups for GST Compliance  Updating a Service Ledger for GST Compliance  Updating Sales and Purchase Ledgers for GST Compliance  Updating Party GSTIN  Creating GST Ledgers  Creating Income and Expense Ledgers  Recording Sales and Printing Invoices  Recording Purchases  Recording a Tax Payment  Transferring Tax Credits of VAT, excise and service tax to GST  Other Scenarios SIES COLLEGE OF COMMERECE AND ECONOICS (AUTONOMOUS)  Sales - Nil Rated, Exempt, SEZ, and Deemed Export  Recording Sales Returns  Recording Purchase Returns  Recording Export Sales  Reverse Charge under GST  Recording an Advance Receipt from Customer  Recording an Advance Payment to Supplier  Recording Journal Vouchers for Adjustments Against Tax Credit  Recording a Journal Voucher for TDS Adjustment  Recording a Journal Voucher for TCS Adjustment  Recording a Journal Voucher for Refund of Tax Credit  Recording a Journal Voucher for ISD Credit  Recording a Journal Voucher for Transitional Credit  Recording Journal Vouchers for Other Liabilities  Recording Journal Vouchers for Reversal of Tax Credit  GSTR-1  Returns Summary  Particulars (Computation Details)  Summary of Exceptions  Table-wise GSTR-1  Status Reconciliation  Exporting GSTR-1  Challan Reconciliation