Brief Course Contents

Basics of Accounting

1. What is Financial Accounting, Objectives of Financial Accounting, Advantages of Financial Accounting, Limitations of Financial Accounting, What is Double Entry System, What is Accounting Equation?

Classification of Accounts

1. Real Accounts, Personal Accounts, Nominal Accounts.

Terms used in Accounting

1. Assets, Liabilities, Debtors, Creditors, Receivables, Payables, Capital etc.

Principles/Concepts/Conventions of Accounting

1. Why Conventions, Principles, and Concepts of accounting are required.

Fundamental Conventions, Principles, and Concepts of accounting

1. Accounting Period Concept, Entity Concept, Dual Aspect Concept, Money Measurement Concept, Matching Concept, Cost Concept, Materiality Concept, Materiality Concept, Objective Evidence Concept.

Recording Procedure in Accounting

1. What is a transaction, What is a Voucher, Recording of transactions in Book of Primary Entry (JOURNAL), Posting of transactions into Ledger, Preparation of Trial Balance, Introduction to Subsidiary Books of Accounting viz? Cash Book, Bank Book, Sales Book, Purchase Book etc.

Preparation of Final Accounts

1. The significance of Final Accounts, Classification of Assets: – Fixed Assets, Current Assets, Classification of Liabilities: – Fixed Liabilities, Current Liabilities, Introduction to terms like Revenue & Capital Incomes/Expenses, Direct/Indirect Incomes & Expenses, Introduction to Trading Account/Manufacturing Account, Profit & Loss Account, Balance Sheet.

Starting Tally

1. Introduction to Tally.

Introduction to Tally Screen

1. Button Bar, Calculator, Work Area, Gateway of Tally Menu.

Creation of company

1. Accounts Only Company, Inventory Only Company, Accounts with Inventory Company, Alteration of the company, Optional Features of Tally for Financial Accounting – F11, Configuration options of Tally – F12.

Account Masters

1. Why Account Masters are required, Concept of Hierarchy of accounts, Accounting Groups, Accounting Ledgers and Sub Ledgers, Introduction to Reserved Account Groups available in Tally, Creation of Account Masters, Creation/Alteration of Groups, Alteration of System Generated Reserved Groups, Deletion of Group/Ledger.

Creation/Alteration of Multiple Ledgers/Groups

1. Copying Masters, Set Credit Limits & Credit Periods for Debtors &/or Creditors, Advance options for automatic calculation of interest.

Account Vouchers

Introduction to Voucher Screen of Tally, Voucher Header, Voucher Body, How to Save Voucher, How to Modify saved voucher, How to Print Voucher online, What is a Payment Voucher, What is a Receipt Voucher, What is a Contra Vouchers, Making entries through these three types of vouchers in ‘Single Entry Mode’ and ‘Double Entry Mode’, Use of Voucher Configuration Option (F12), Concept of Sales and Purchase Account, Concept of Sales Returns/ Returns Inwards, Concept of Purchase Returns or Returns Outwards, Concept of multiple Sales & Purchase Accounts, What is a Sales Voucher, What is a Purchase Voucher, What is a Debit Note, What is a Credit Note, Making these voucher entries without Inventory Details, Using ‘Voucher Mode’&‘Invoice Mode’ for entry of Sales & Purchase Voucher, Concept of adjustments, What is a Journal Voucher, Creating new Voucher Types, Creating new Voucher Class.

QUIZ, Account Reports

1. Query through Alt F12 Range Button, Query through Ctrl F12 Value Button, the Scale factor for values, Bird’s Eye View/Drill Down (And traceback), Special Key Combinations available during display.

Account Reports

1. Account Books, Cash Book(s), Bank Book(s), Sales Register, Purchase Register, Note Register, Credit Note Register Debit, Ledgers, Statement of Accounts, Trial Balance, Profit, and Loss Account, Balance Sheet, Exception Reports, Interest Calculations, On Receivables, On Payables.

Inventory Masters

1. Introduction to inventory, Importance of Inventory, Creation of Company for Accounts with Inventory.

Creation of Inventory Masters

1. Stock Groups, Stock Categories, Units of Measurement, Godowns, Price Lists, Item Master, Optional Features of Tally for Inventory Accounting – F11, Configuration options of Tally for inventory – F12, Inventory Transactions.

Purchase procedure in a company

1. Purchase Order, Receipt of Goods, Purchase invoice, Purchase Returns, Credit Note, Sales procedure in a company, Sales Order, Dispatch of Goods, Sales invoice Sales Returns, Debit Note, Using Optional Vouchers for Purchase Enquiry, Quotations, Inventory Reports, Reports pertaining to inventory.

Advanced Features Of Tally

1. Printing & Housekeeping, Backup & Restore, Tally Vault etc.

Business Management

1. Introduction to Cost Centers, Cost Categories, Provisional Vouchers, MIS Reports.

Working in Tally Training Course in Brief

1. MODULE 1: Introduction to Computerised Accounting
2. MODULE 2: Introduction to Tally ERP 9
3. MODULE 3: Installation, Enter License, and Registering License, and Starting Tally
4. MODULE 4: Company Information
5. MODULE 5: Accounting Maintenance
6. MODULE 6: Accounting Vouchers
7. MODULE 7: Cost Allocation
8. MODULE 8: Inventory Maintenance and Vouchers
9. MODULE 9: Implementation of VAT, CST, TDS
10. MODULE 10: Implementation of TCS, Service Tax, and Excise Duty in Tally
11. MODULE 11: Utilities, Working with Multiple Companies
12. MODULE 12: Security Control
13. MODULE 13: Year-end Processing
14. MODULE 14: Making or Fetching Reports, and then printing from Tally.
15. MODULE 15: Using Multiple Languages (Multilingual Capabilities)
16. MODULE 16: Payroll Accounting
17. MODULE 17: Job Costing and POS in Tally
18. MODULE 18: Keyboard Shortcuts
19. MODULE 19: FBT in Tally 9
20. MODULE 20: Tally Tips & Tricks, FAQs