Tally Essential
Course Overview
A Complete Guide on Business Accounting ( Industrial Relevant Course )
This entry-level certification helps the learners to be proficient with computerised accounting and Tally.
TallyEssential certification helps learners who are beginners in Accounting and Finance domain to understand fundamental to advanced financial Accounting Concepts.
It has three distinct learning levels: Level 1, Level 2, Level 3 =Tally Comprehensive
Tally Comprehensive – This is a comprehensive certification course on computerised Accounting and Tally. It consists of all the modules as stated in Tally Essential Level 1, Level 2 and Level 3. The practical applications will be done on the new TallyPrime software to keep you at par with the new releases.
What You Will Learn (Course Syllabus)
Level 1 Recording and Reposting | Course Duration: 35 Hrs
Module 1: Fundamentals of Accounting
This module summarizes the Fundamentals of Accountancy, starting with the accounting terms, concepts, right up to the double entry system of accounting. It explains the need and usage of Golden Rules of Accounting in the books of accounting and recording the business transactions.
Module 2: Introduction to TallyPrime
This introductory module on Accounting using Tally explains how simple it is to download and install Tally in the system. This module helps you understand the simplest way of creating a company and the company features and configurations.
Module 3: Maintaining Chart of Accounts
This module shows you how simple it is to create, alter and display the Chart of Accounts such as Ledgers, Groups, Stock Items and Units of Measure Creation.
Module 4: Recording and Maintaining Accounting Transactions
This module covers how to record transactions such as Receipt, Contra, Payment, Purchase, Sales, Debit Note, Credit Note, and Journal Vouchers with practical scenarios.
Module 5: Goods and Services Tax
The module includes the introduction of GST, GST in TallyPrime, Recording GST compliant transactions, Input Tax Credit Set Off against Liability, GST Tax Payment and Generating GST Returns for Regular Dealer in Tally.
Module 6: Banking
This module covers the basic Banking Feature, Cheque Printing, Bank Reconciliation, Generating Deposit Slips including Payment Advice.
Module 7: Generating Financial Statements and MIS Reports
This module covers all MIS reports in Tally; Trail Balance, Balance Sheet, Profit and Loss account, Cash Flow Statement, Ratio Analysis, Daybook, Receipts and Payments, Purchase and Sales Register including Inventory Reports.
Module 8: Data Security
This module covers Securing Financial Information of the Company, Creating Security Control, User Roles, Creation of Users and Change User.
Module 9: Company Data Management
This module covers how to securely take company data and restore without any data loss.
Level 2 Accounts Payable and Receivable | Course Duration: 35 Hrs
Module 1: Storage and Classification of Inventory
This module helps you understand the meaning and types of inventories. Also covers the creation of inventory masters such as Stock Groups, Stock Category, Warehouse and Batches.
Module 2: Accounts Receivable and Payable Management
This module covers the fundamentals and concepts of Outstanding Management, Enabling Bill-wise practical business scenarios on the given references such as, New Reference, Against Reference, Advance Reference, On account Reference with illustrations along with Bill Settlement and Credit Limit feature.
Module 3: Purchase and Sales Order Management
This module covers Management of Sales and Purchase Cycle, Placing an Order, Handling Rejections, Raising an Invoice against the order and complete it with receipts and payments.
Module 4: Tracking Additional Costs of Purchase
This module covers how to maintain additional costs incurred on purchase of stock.
Module 5: Goods and Services Tax
The module includes Recording GST-compliant transactions, E-Way Bill Report in Tally, Input Tax Credit Set Off against Liability, GST Tax Payment amongst other topics.
Module 6: Cost/Profit Centres Management
This module covers how to allocate expenses and incomes to different cost unit of the organization, automation of allocation of cost centre by creating cost centre classes in Tally and updating the reports instantly, once after recording the transactions.
Module 7: Budgets and Scenarios
This module covers how to maintain Budgets & Scenario Management in Tally
Module 8: Generating and Printing Reports
This module covers how to generate and print all Books and Registers in Tally including Inventory Reports.
Level 3 Taxation and Compliance | Course Duration: 35 Hrs
Module 1: Goods and Services Tax
This module covers Goods and Services Tax and enables recording intrastate and interstate transactions, purchase and sales return transaction with GST supplies inclusive of tax, purchase from composition dealer, exports and supply of exempted goods along with the procedure of adjusting input credit against available liability making tax payment to the government, generating GSTR-1 and GSTR-3B in Tally. This chapter also explains the composition dealer basic transactions and generating returns.
Module 2: Tax Deducted at Source
This module covers Tax Deducted at Source and enables configuring TDS at different levels and record Basic TDS transactions, TDS payment to government, generating TDS challan and generating TDS reports.
Module 3: Management of Business Data
This module covers Export and Import, and Open Database Connectivity (ODBC).
Module 4: Moving to the Next Financial Year
This module covers Export and Import, Splitting Company, and Group Company.
GST SIMULATION
GST (Goods and Services Tax) simulation is a practical and interactive training tool that replicates the processes and calculations involved in GST transactions. This is designed to empower our learners with real-time practice and expertise in GST management (GST returns, generating e-Way bill, and e-Invoicing)
Features
Our courses include interactive and interesting content, concepts and content delivery to ensure you a delightful learning experience.
HYBRID-LEARNING MODULE
A Hybrid-learning module enables you to learn the course through text and interactive video content
DIGITAL CONTENT
Digital content comprises of explainer videos, tutorial videos, quizzes, infographics ensuring a delightful learning experience
ASSESSMENT
Assessment comprises of questions such as: MCQs, match the following, and image based questions
CASE STUDY
Case studies on “Real Life Business Scenarios” will be provided to you before you complete the courses
CERTIFICATION
Industry- preferred certification will be provided to differentiate yourself among others and take your career to the next level
PLACEMENT ASSISTANCE
Learners becoming skilled then we assist you in your journey right from certification to specialization and later with various jobs