Core Accounting & Tally Fundamentals:
- Fundamentals of Accounting: This includes understanding accounting principles, methods, and the accounting cycle.
- Introduction to TallyPrime (or Tally ERP 9): Learning the interface, navigation, and basic functionalities of the software.
- Maintaining Chart of Accounts: Creating and managing groups and ledgers, including multiple groups and ledgers.
- Recording and Maintaining Accounting Transactions: Entering vouchers, adjusting entries, and understanding different voucher types.
- Banking: Managing bank accounts, bank reconciliation, and electronic payments.
- Generating Financial Statements and MIS Reports: Creating and interpreting balance sheets, profit and loss statements, and other financial reports.
- Data Security: Understanding data backup, restore, and security features.
- Company Data Management: Creating, altering, and managing company data.
Advanced Accounting & Financial Analysis:
- Cost Centers and Cost Categories: Setting up and using cost centers and categories for better cost management.
- Budgets and Controls: Creating and managing budgets, comparing actual performance to budget, and identifying variances.
- Variance Analysis: Understanding and analyzing variances, including budget vs. actual comparisons and deviation analysis.
- Ratio Analysis: Calculating and interpreting key financial ratios.
- Funds Flow and Cash Flow Statements: Understanding and preparing funds flow and cash flow statements.
- Inventory Management: Setting up inventory masters, managing stock groups, categories, and units of measure.
- Advanced Inventory Configuration: Using features like batch management, serial number tracking, and stock valuation methods.
- Goods and Services Tax (GST): Understanding GST concepts, recording GST transactions, and generating GST reports.
- Tax Deducted at Source (TDS) and Tax Collected at Source (TCS): Understanding TDS and TCS, recording transactions, and filing returns.
- Payroll Management: Setting up payroll, processing payroll, and generating payroll reports.
- Other Statutory Compliance: Understanding and complying with other relevant regulations and forms.
Advanced Features and Reports:
- Data Management & Administration: Backing up and restoring data, exporting and importing data, and managing user access.
- Report Generation: Generating various financial reports, inventory reports, and tax reports.
- MIS Reports: Generating management information system reports for better decision-making.
- Online Taxation Returns: Filing online income tax returns (ITR) and other tax returns.
