Tally Essentials Level - 1

Market Price: INR. 6000
Our Special price INR. 3000

Embark on your journey to excel in the dynamic realm of Accounting and Finance with TallyEssential, a comprehensive course tailored for beginners. Designed to ignite your career growth, TallyEssential delves into fundamental to intermediate Financial Accounting concepts, equipping you with essential knowledge and skills.

Through a blend of illustrative explanations, engaging self-learning videos, and real-life industry-based scenarios, TallyEssential ensures a robust understanding of core concepts, laying a solid groundwork for your future endeavors in Accounting and Finance.

Explore a diverse range of topics, including Accounting principles, Inventory management, Basic Taxation (GST, TDS), and Simplification of Company Books of Accounts, among others. Delve into practical applications using the latest TallyPrime software, ensuring you stay abreast of advancements and industry standards. Whether you're seeking to kickstart your career or enhance your existing skills, TallyEssential paves the way for your success in the dynamic world of Accounting and Finance.

Inventory Masters

Three Category of Inventory Masters
Inventory Masters- Stock Groups
Flow Chart of Stock groups creation in Tally
Inventory Master- Stock Category
Flow Chart of Stock Category Model in Tally
Inventory Master- Unit of Measures
Inventory Master- Stock Items
Inventory Master- Godown

Alteration / Deletion of Masters & Company Creation and Setting up Company Features

Alteration of Masters – Ledger
Deletion of Masters
Multi Groups Creation
Multi Ledger Creation
Multi Stock Groups Creations
Multi Stock Items Creations

Recording and Maintaining Accounting Transactions

Recording Transaction in Tally
Accounting Voucher in Tally
Business Scenarios
Receipt Voucher
Contra Voucher
Payment Voucher
Purchase Voucher
Sales Voucher
Debit Note Voucher
Credit Note Voucher
Journal Voucher

Recording and Maintaining Accounting Transactions

Introduction
Recording Transaction in Tally
Accounting Voucher in Tally

Recording Accounting Vouchers

Business Scenarios
Receipt Voucher
Contra Voucher
Payment Voucher
Purchase Voucher
Sales Voucher

Recording Accounting Vouchers

Debit Note Voucher
Credit Note Voucher
Journal Voucher

Banking

Banking Payment
Explanation of Bank Reconciliation
Manual Bank Reconciliation
Auto Bank Reconciliation
Payment Advice
Generating Payment Advice
Cheque Printing
Deposit Slip

Generating Financial Statements and MIS reports

Final Accounts Reports in Tally
Trial Balance
Profit & Loss A/c
Balance Sheet
Cash flow & Fund Flow Analysis
Receipt & Payments
Stock Summary Analysis
Daybook
Cash and Bank Book
Purchase Register
Sales Register
Journal Register
Bird's eye view/drill from anywhere to anywhere

Data Security

Security Control
Activation of Security Control
Creating of Security levels
Creation of Users
Passwords of Company
Introduction to Auto Login
Activation of Tally Vault
Change User
Login to the company using the security level-Data Entry 1and check the user roles
Login to the company using the security level-Data Entry 2 and check the user roles
Login to the company using the security level- Accountant and check the user roles

Company and Data Management

Backup of Company Data
Restore of Company Data
Company Data Repair
Migration of Tally.ERP 9 Company Data to TallyPrime

Goods and Services Tax

Why GST?
GST Tax Structure
Determination of Tax
GST Registration
Managing HSN CODE/SAC
GST Rate Structure
Supply of Goods and Services
Invoicing
Input Tax Credit
E-Way Bill
Creation of Company and Activating
GST at Company Level
Introducing Capital into the Business
Creation of Masters in TallyPrime

GST Tax Payment

Timeline for payment of GST
Modes of Payment

Challan Reconciliationr> Resolving the Exceptions

Adjusting Input Credit against Tax Liability

Timeline for payment of GST

Modes of Payment

Challan Reconciliation
Accounting Intrastate Supply of Goods
Accounting Interstate Supply of Goods

Tally Essentials