What you'll learn
TallyPrime with GST is a powerful business accounting and management software designed to help businesses manage their financial transactions, taxation, and compliance in a simple and efficient way. It is widely used in India by small, medium, and large businesses for handling accounts along with Goods and Services Tax (GST) requirements.
Tally Prime integrates accounting, inventory, banking, and GST compliance into a single platform, allowing users to maintain accurate financial records and meet government regulations easily. It provides real-time data processing, ensuring that all financial reports like Profit & Loss, Balance Sheet, and GST reports are automatically updated.
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Course Syllabus
Introduction to Accounting
- Meaning and importance of accounting
- Types of accounts (Personal, Real, Nominal)
- Golden rules of accounting
- Debit & Credit concepts
- Accounting cycle and basic terms
Introduction to Tally Prime
- Features and advantages of Tally Prime
- Download, installation & activation
- Company creation and configuration
- Gateway of Tally & menu options
- Shortcut keys and navigation
Company Creation & Setup
- Creating a company
- Altering and deleting company
- Setting financial year & books
- Enabling features (F11 & F12)
- Multi-company management
Accounting Masters (Ledger & Groups)
- Creation of groups and ledgers
- Single & multiple ledger creation
- Alteration & deletion of ledgers
- Bill-wise details
- Cost centers & categories
Voucher Entries (Transactions)
- Types of vouchers:
- Contra (F4)
- Payment (F5)
- Receipt (F6)
- Journal (F7)
- Sales (F8)
- Purchase (F9)
- Debit Note & Credit Note
- Accounting with GST entries
Inventory Management
- Stock groups, categories & items
- Units of measurement
- Godown (warehouse) management
- Inventory vouchers
- Batch-wise & expiry management
- Reorder level & stock valuation
GST (Goods and Services Tax)
- Introduction to GST (CGST, SGST, IGST)
- GST registration process
- Enabling GST in Tally Prime
- Creating GST ledgers
- HSN/SAC codes
- GST transactions (sales & purchase)
- Input Tax Credit (ITC)
- Reverse Charge Mechanism (RCM)
GST module includes practical recording of transactions and tax calculations in Tally.
GST Returns & Reports
- GSTR-1, GSTR-3B, GSTR-9
- GST computation
- Tax payment process
- GST reconciliation
- E-invoice generation
- E-way bill creation
Banking in Tally
- Bank ledger creation
- Bank reconciliation (BRS)
- Cheque printing
- Online payments (NEFT/RTGS/UPI)
- Auto bank reconciliation
Payroll Management
- Employee creation
- Salary structure
- Attendance & payroll vouchers
- Payslip generation
Financial Reports
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Cash flow & fund flow
- MIS reports
Data Security & Backup
- User roles & security control
- Tally Vault (data security)
- Backup & restore
- Data migration
Advanced Features
- Budget & control
- Cost tracking
- Multi-currency transactions
- Interest calculation
- TDS & TCS
- Manufacturing & Bill of Materials (BOM)
Practical Training / Projects
- Creating GST invoices
- Complete accounting of a business
- Inventory & stock management
- GST return filing
- Bank reconciliation practice