By the end of the Tally Course, students will have a strong understanding of how to use Tally ERP 9 or Tally Prime for managing accounting, financial reporting, inventory, and compliance in businesses. The course will equip learners with the necessary skills to handle day-to-day financial and business operations using Tally effectively.

Module 1: Introduction to Accounting

Basics of Accounting

• What is Accounting?
• Importance of Accounting
• Key Accounting Terms: Ledger, Journal, Trial Balance, Balance Sheet, Profit & Loss Account, etc.

Types of Accounts

• Personal, Real, and Nominal Accounts
• Rules of Debit and Credit
• The Accounting Cycle

Module 2: Introduction to Tally Prime

Getting Started with Tally Prime

• What is Tally Prime?
• Creating a Company in Tally Prime
• Navigating the Tally Prime Interface
• Configuration Settings

Basics of Accounting in Tally Prime

• Ledger Creation
• Group Creation and Classification
• Introduction to Vouchers in Tally Prime

Recording Transactions

• Entering Accounting Vouchers (Sales, Purchases, Receipts, Payments, etc.)
• Altering and Deleting Vouchers
• Contra, Payment, Receipt, and Journal Entries
• Generating Reports in Tally Prime
• Trial Balance
• Profit & Loss Account
• Balance Sheet
• Cash Flow Statement
• Stock Summary Reports

Basic Inventory Concepts

• Inventory and Stock Management Overview
• Units of Measurement
• Stock Groups and Categories
• Creating Stock Items
• Inventory Creation
• Managing Stock with Units
• Handling Opening Stock

Recording Inventory Transactions

• Stock Journals
• Sales and Purchase Transactions
• Stock Transfer and Adjustments
• Inventory Reports
• Stock Summary
• Movement Analysis
• Stock Valuation

Module 4: Taxation in Tally Prime

Introduction to GST (Goods and Services Tax)

• Overview of GST in India
• GST Registration and Compliance
• Enabling GST Features
• Creating GST Ledgers
• Recording GST-Compliant Transactions

GST Reports in Tally Prime

• GSTR-1, GSTR-2, and GSTR-3B Reports
• Filing GST Returns