Accounting

Introduction to Tally PRIME

Tally Prime is a complete business management software for small and medium business. Tally Prime helps you manage accounting, inventory, banking, taxation, banking, payroll and much more to get rid of complexities, and in turn, focus on business growth.

Why Tally PRIME Skill?

In simple words, we can say Tally is an accounting computer application that helps to organize data and record transactions correctly. By learning tally one boosts his/her knowledge in both banking and accounting sectors. It enables a job seeker or a student to manage the accounting and bookkeeping operations of a business or a firm.

Who is the right audience to Acquire / Learn Tally PRIME Skill?

Well, there is no eligibility for learning anything, Tally being one. Hope, you understand WHAT you want to learn and have also thought on the WHYs of learning Tally. You must have the domain understanding, know accounting & financial management. Learning Tally will be much easier when you have the basics right. As Tally is a computer accounting application, a basic knowledge of both accounts and computers is required. Anyone who has completed his 12th standard exams can enroll for Tally courses from Tally-certified institutes.

What are the Benefits / Opportunities / Learning Outcomes after completion of Tally PRIME Course?

If you want your business to develop at a faster pace with the least effort Tally Prime is a must-use software. The features and services provided by Tally Prime are more advanced and very large in numbers. From daily accounting, balance sheet, inventory management to generating different reports for tax filing every process has been made easier in Tally Prime. More Flexibility - Tally Prime provides you with the flexibility to access your Tally data in the form of reports from any device and at any time.

Future Ready - When a business grows over some time, it's expected that new features and functions will be added to its existing ERP software. This software has the potential to grow with your business.

More Secure - Tally Prime has come up with built-in security at many levels. User-level security controls, as well as user activity overview, are some of the features Tally provides to keep its company data safe.

Remote Access - Tally Prime brings the ability to access your data from a web browser, or any device at anytime from anywhere.

E-Banking Facility - The E-payment or E-banking feature in Tally Prime allows making E-payments or electronic fund transfer from one bank to another. You have many options for e-payments like demand draft or PO, electronic cheque etc. You can export the entries and check for mismatch and rectify if any.

Course Curriculum / Syllabus?

• Computer Intro. – Basic Concepts in Tally
• Company Creation, Features (F11), (F12) Configuration, Company Alteration, Quitting Tally.
• Accounting Info -Creation of Groups & Ledgers Inventory Info – Creation of Stock Groups, Categories, Items, Units, and Godowns.
• Accounting Voucher - Function Keys for Voucher Entry, Voucher Type.
• Practice of Contra, Purchase, Sales, Receipts & Payments.
• Inventory Vouchers, Transactions, Stock Journal.
• Rejection In & Out, Debit Note, Credit Note.
• GST Activating, Creating classification.
• GST Stock item & Ledgers, GST Tax ledgers.
• Purchase Transaction. Sale transaction.
• Purchase return, Sales return.
• Credit Note, Exempted goods, Export Exempt.
• Generating Reports Balance Sheet, Profit & Loss A/C and Trial balance.
• Accounting Books & Register: Cash Book, Bank Book, Purchase, Sales.
• Inventory Books & Reports: Stock summery, Item and Group.
• Split Data, Import & Export Data.
• Back Up & Restore, Practice Entries.