Tally Prime

Total Course Duration: 50 Hours
Per Class Duration: 2 Hours

Course Objective

The objective of this course is to equip learners with a comprehensive understanding of Tally Prime, enabling them to efficiently manage accounting, inventory, and payroll operations in a business environment. Through practical training and hands-on exercises, participants will gain the skills required to perform day-to-day financial transactions, maintain inventory records, and process employee payroll using Tally Prime software.

Pre-requisite: Minimum HSC in Commerce Background

Basic Accounting Review (Class 1 – 2)

Accounting Concepts and Principles
Types of Accounts (Personal, Real, Nominal)
Golden Rules of Accounting
Journal Entries, Ledger, Trial Balance
Understanding Debit & Credit
Double Entry System Overview

Tally Prime – Accounting Module (Class 3 – 10)

Introduction to Tally Prime Interface
Company Creation, Alteration, and Deletion
Creating Ledgers & Groups
Voucher Entry: Payment, Receipt, Contra, Journal
Sales & Purchase Entries
Debit Note & Credit Note
Bank Reconciliation Statement (BRS)
GST Configuration & Accounting
Bill-wise Outstanding Reports
Cost Centres and Cost Categories
Financial Reports:
- Profit & Loss Account
- Balance Sheet
- Trial Balance
- Cash/Bank Book

Tally Prime – Inventory Module (Class 11 – 16)

Inventory Masters: Stock Groups, Categories, Items
Units of Measurement
Godown/Location Creation
Inventory Vouchers:
- Delivery Note
- Receipt Note
- Rejection In/Out
- Stock Journal
Stock Summary & Movement Analysis
Sales Order and Purchase Order Processing
Multiple Godown Management
Batch-wise & Expiry Date Management
Pricing & Discount Management

Tally Prime – Payroll & Final Review (Class 17 – 20)

Payroll Configuration in Tally Prime
Employee Master Creation
Salary Structure Setup
Attendance & Overtime Setup
Generating Payslip and Payroll Reports
Statutory Deductions (PF, ESI, TDS – Basic Overview)
Final Project Work & Practice
Troubleshooting and Best Practices
Complete Course Review & Q/A Session

At Course Completion

Upon successful completion of the course, participants will be able to:

Navigate and use Tally Prime interface confidently
Record financial transactions and generate financial reports
Manage inventory, stock categories, and warehouse operations
Configure and handle payroll processing, including salary structure and pay slips
Apply accounting principles to real-life business scenarios

Prepare themselves for accounting jobs in SMEs or corporate sectors

UPCOMMING BATCH