Course Overview

Tally is an all-inclusive Enterprise Resource Planning System having an outstanding command over accounting features. The hold it has in accounting is truly admirable, though it has several more core features required by a business. As a result, it’s known more for accounting instead of any other features. Some Features of Tally It goes without saying that accounting is the main feature of Tally however; it’s not the only one. Most individuals hardly use other features than accounting. At the most they use Inventory management and some other features as they are not aware of how to use the rest.

Billing

This is an inevitable part of any business and is included in the accounting feature. The best thing in Tally ERP is that when you create a billing entry you don’t need to create accounting entry again for that bill. This lessens redundancy in entering a big amount of data. In Tally, sales and purchase are in fact for billing but they can be used as a simple voucher.

Inventory

Similar to Billing, Inventory is also an inevitable part of a business. Managing inventory in an effective way can save huge amount of costs, particularly if you’re functioning in a manufacturing area.

Payroll

For this feature to be exploited fully, it’s important that a business has a good number of employees, as this feature is of no use for one or two employees. However, if your client’s business has good amount of transactions then you could require this feature.

Banking

In this era of digitalization, hardly any business can survive without banking. This feature is very well covered by Tally. This feature wasn’t present in previous Tally versions but is there in Tally ERP 9. This is what Tally all about. There are many more features in Tally and if we go on discussing them then there is no end. This accounting software is extremely simple and has so much in it which is why it’s used in more than hundred different countries globally.

Course Objective

This course is designed to impart knowledge regarding concepts of Financial Accounting Tally is an accounting package which is used for learning to maintain accounts. As this course is useful for Commerce students to get placements in different offices as well as companies in Accounts departments.

Syllabus

1.User Interface and Company Management
2.Masters – Ledgers
3.Masters – Groups
4.Masters – Bill wise Debtors and Creditors Ledger
5.Payment Voucher
6.Day Book in Tally
7.Pre-Allocation of Bills
8.Receipt Voucher
9.Contra and Journal Voucher
10.Cheque Printing in Tally ERP
11.Masters : Inventory
12.Goods and Services Tax (GST)
13.Purchase Voucher with GST
14.Sales Voucher with GST
15.GST Returns and Payment
16.Billing Features in Tally
17.Purchase Order Processing
18.Sales Order Processing
19.Debit and Credit Notes
20.Bank Reconciliation in Tally
21.Price List in Tally
22.Credit Limit
23.Stock Transfers
24.Manufacturing Vouchers
25.Batch Wise Details
26.Re-Order Level in Tally
27.Interest Calculations (Auto Mode)
28.Voucher Types and Class
29.Point of Sales
30.Scenarios and Optional Vouchers
31.Budgets and Controls in Tally
32.Cost Centres and Cost Categories
33.Party Ledger Analysis
34.Purchase and Sales Reporting
35.Stock Analysis and Reports
36.Cash and Bank Reports
37.Search, Filter and Sorting
38.Financial Reports
39.Multi Language
40.Export, Import, Backup and Restore
41.Tax Deducted at Source (TDS) in Tally
42.Payroll Accounting in Tally
43.Finalisation Entries
44.Data Security
45.Tally Audit
46.Data Synchronisation
47.Multi-Currency
48.Printing Reports
49.Miscellaneous
50.Shortcut Keys