What you'll learn
The Tally Prime syllabus covers basic accounting concepts, company and master data setup, voucher entry, and financial statement generation. It also includes modules on inventory management, taxation (like GST and TDS), and payroll, along with advanced topics like data management, security, and reporting. The syllabus emphasizes practical application, often concluding with hands-on case studies and business-based tasks.
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Course Syllabus
Core concepts and setup
- Introduction to Tally Prime: Software overview, installation, user interface navigation, and company management.
- Basic Accounting: Fundamentals, golden rules, creating ledgers and groups, voucher types, and chart of accounts.
- Accounting Masters: Setting up ledger and group masters.
- Inventory Masters: Stock groups, categories, items, units of measurement, and stock levels.
Voucher entry and transactions
- Voucher Entry: Recording transactions like receipt, payment, contra, sales, purchase, debit note, and credit note.
- Banking: Bank reconciliation, cheque printing, and various banking transactions.
- Order Processing: Purchase and sales orders, including advance orders.
- Manufacturing: Processes related to manufacturing, including batch-wise manufacturing.
Taxation and compliance
- GST: Master setup, intrastate and interstate supply, and GST return filing.
- TDS: Compliance, advance payments, challan reconciliation, and reports.
- Other Taxes: Principles of taxation, VAT, and excise duty are sometimes included.
Advanced features
- Inventory Management: Advanced inventory, stock transfers, re-order levels, and point-of-sale (POS) vouchers.
- Payroll: Enabling payroll, creating masters, processing salary, and generating payslips and statutory reports.
- Financial Management: Budgets, interest calculations, multi-currency, and cost centers.
- Data Management: Backup and restore, data export/import, split company, and remote access.
Reporting and final accounts
- Financial Statements: Balance Sheet, Profit and Loss account, and Cash Flow statement.
- Other Reports: Trial balance, sales and purchase registers, stock summary, and MIS reports.
- Year-End Audit: Transactions and processes for closing the financial year.