Tally + GST
The Tally with GST course is designed to provide comprehensive training in using Tally ERP 9 software for effective financial management and GST compliance. Participants will learn the fundamentals of accounting and how to use Tally for various accounting processes such as ledger creation, voucher entry, and financial reporting. The course emphasizes GST (Goods and Services Tax) concepts, including GST registration, invoicing, and return filing, ensuring that learners are well-versed in the latest tax regulations and compliance requirements. Through practical exercises and real-world scenarios, students will gain hands-on experience in managing accounts, generating GST reports, and automating financial tasks within Tally. By the end of the course, participants will be proficient in using Tally with GST, enabling them to handle business accounts accurately and efficiently.
Duration - 3 Months
Overview of Tally ERP 9
Installing and Configuring Tally ERP 9
User Interface and Company Creation
Features and Benefits of Tally ERP 9
Navigating Tally ERP 9
Fundamentals of Accounting
Creating and Managing Ledger Accounts
Voucher Types and Entries
Creating and Maintaining Groups
Recording Day-to-Day Transactions
Generating Financial Reports (Profit & Loss, Balance Sheet)
Introduction to Inventory in Tally
Creating Stock Groups, Categories, Items, and Units of Measure
Recording Inventory Transactions
Inventory Vouchers (Receipts, Issues, Returns)
Stock Valuation Methods
Generating Inventory Reports
Maintaining Party Ledgers
Recording Sales and Purchase Transactions
Credit and Debit Notes
Payment and Receipt Entries
Aging Analysis Reports
Overview of Taxation in Tally
Setting up Tax Ledgers (VAT, TDS, TCS)
Recording Tax Transactions
Generating Tax Reports and Filing
Overview of Goods and Services Tax (GST)
Key Concepts and Components of GST
GST Registration and Compliance
GST Structure (CGST, SGST, IGST, UTGST)
Input Tax Credit (ITC) Mechanism
Configuring GST in Tally ERP 9
Creating GST Ledgers and Setting Up Tax Rates
Recording GST Compliant Transactions (Sales, Purchases)
GST Adjustment Entries
Generating GST Reports (GSTR-1, GSTR-3B, etc.)
Cost Centers and Cost Categories
Budgeting and Control
Multi-Currency Transactions
Order Processing and Tracking
Cheque Printing and Bank Reconciliation
Security Controls and User Management
Customizing and Generating MIS Reports
Cash Flow and Fund Flow Statements
Ratio Analysis
Financial Planning and Analysis
Real-life Scenarios and Problem Solving
Industry-Specific Tally Usage
Best Practices and Tips for Efficient Usage
Regular Updates and Latest Features in Tally