Tally Prime with GST – Course Syllabus
Designed for Practical Accounting & Business Management
✨ Key Course Highlights
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🚀 Industry-Ready Skills: Master Tally Prime for efficient business accounting and inventory management.
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📊 GST Fundamentals: Understand and apply Goods and Services Tax basics to everyday transactions.
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🛠️ Hands-on Practice: Learn through practical exercises and real-world accounting scenarios.
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📈 Business Efficiency: Streamline your financial processes and make informed business decisions.
📚 Detailed Course Syllabus
🖥️ Module 1: Introduction to Tally Prime & Accounting Basics
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What is Tally Prime? Understanding its role in modern business.
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Accounting Fundamentals: Basic accounting terms, Golden Rules of Accounting (Debit/Credit).
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Company Creation: Setting up a new company in Tally Prime, understanding statutory features.
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Chart of Accounts: Creating Ledgers (Groups & Sub-Groups) for various accounts (Cash, Bank, Capital, Sales, Purchases, Expenses, Income).
💼 Module 2: Voucher Entry & Financial Transactions
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Understanding Vouchers: Types of vouchers (Payment, Receipt, Contra, Journal, Sales, Purchase).
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Recording Transactions:
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Cash & Bank Transactions (Payments & Receipts)
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Journal Entries (Adjustments, Transfers)
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Purchase & Sales Transactions (Cash & Credit)
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Expense & Income Recording
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📦 Module 3: Inventory Management in Tally Prime
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Stock Groups & Categories: Organizing your inventory efficiently.
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Stock Items: Creating individual stock items with units of measure.
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Godowns/Locations: Managing multiple storage locations for inventory.
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Inventory Vouchers: Purchase Orders, Sales Orders, Delivery Notes, Receipt Notes.
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Stock Journal: Recording stock transfers and manufacturing adjustments.
🧾 Module 4: Goods & Services Tax (GST) Fundamentals
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Introduction to GST: What is GST? Benefits and basic concepts.
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GST Structure: Understanding CGST, SGST, IGST, and UTGST.
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GST Configuration in Tally Prime: Enabling GST for your company.
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Ledger Creation for GST: Creating ledgers for GST rates, input, and output taxes.
🛒 Module 5: GST in Sales & Purchase Transactions
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Purchases with GST: Recording local and inter-state purchases with applicable GST.
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Sales with GST: Recording local and inter-state sales with applicable GST.
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Debit Note & Credit Note with GST: Managing purchase returns and sales returns.
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GST Adjustments for Advanced Scenarios: Basic adjustments like Input Tax Credit (ITC) utilization.
🏦 Module 6: Banking & Reconciliation
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Bank Ledger Creation: Setting up bank accounts.
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Bank Payments & Receipts: Recording all banking transactions.
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Bank Reconciliation Statement (BRS): Matching bank statements with Tally records.
📊 Module 7: Reporting & Analysis
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Trial Balance: Verifying the accuracy of ledgers.
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Profit & Loss Account: Understanding business profitability.
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Balance Sheet: Analyzing the financial position of the company.
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Stock Summary: Overview of inventory levels.
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Day Book: Reviewing daily transactions.
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GST Reports (Basic): Viewing GSTR-1 and GSTR-2 reports for transaction overview. (Note: This does NOT include actual filing.)
⚙️ Module 8: Data Management & Security
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Backup & Restore: Protecting your Tally data.
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Company Splitting: Managing financial years.
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Security Controls: Setting up user access and passwords.