Tally Prime Course

DESCRIPTION:

A Tally Prime course typically covers various aspects of the software, aiming to provide participants with a comprehensive understanding of its features and functionalities. The course may include both theoretical concepts and hands-on practical sessions to ensure that learners can effectively use Tally Prime in a real-world business environment.

What Will You Learn?

Key Topics Covered:

1. Introduction to Tally Prime:
• Overview of Tally Prime interface and navigation.
• Understanding the basic concepts of accounting.

2. Company Creation and Configuration:
• Creating a new company in Tally Prime.
• Configuring company settings and preferences.

3. Masters in Tally Prime:
• Creating and managing various masters like ledgers, groups, stock items, etc.
• Understanding the importance of masters in accounting.

4. Voucher Entry:
• Learning how to record different types of transactions using vouchers.
• Understanding the impact of transactions on financial statements.

5. Financial Statements:
• Generating financial reports such as Profit and Loss statement, Balance Sheet, etc.
• Analyzing and interpreting financial data.

6. Inventory Management:
• Managing stock items and tracking inventory.
• Handling purchase and sales transactions involving inventory.

7. Taxation in Tally Prime:
• Understanding and implementing various taxation features in Tally Prime.
• Generating tax-related reports and documents.

8. GST (Goods and Services Tax) Compliance:
• Learning how to handle GST transactions and compliance in Tally Prime.
• Generating GST reports and filing returns.

9. Banking Transactions:
• Recording and managing banking transactions.
• Reconciling bank statements with Tally Prime data.

10. Security and Data Management:
• Implementing security features to control access.
• Backing up and restoring data in Tally Prime.