Marathahalli Branch

Tally Prime with GST Course

Become an expert in accounting. Master Tally Prime, GST, Payroll, and Taxation. Join our comprehensive 2-month training to become a certified Tally professional ready for corporate jobs.

Duration

2 Months

Mode

Classroom & Online

Fee

₹18,250/-

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Course Curriculum

Accounting Fundamentals & Tally Prime Introduction

Introduction to accounting: double-entry system, debit and credit rules
Types of accounts: personal, real, and nominal accounts with golden rules
Understanding financial statements: Balance Sheet, P&L, and Trial Balance
Installing Tally Prime and navigating the interface – Gateway of Tally
Creating and managing a Company in Tally Prime
Company features (F11) and configuration (F12) settings
Creating, altering, and deleting Ledger accounts and Groups
Pre-defined groups in Tally and when to use them
Cost Categories and Cost Centres for department-wise tracking
Maintaining budgets and budget variance reports in Tally Prime

Voucher Entry & Day-to-Day Transactions

Types of vouchers: Contra, Payment, Receipt, Journal, and Sales/Purchase
Contra voucher: cash withdrawals and fund transfers between accounts
Payment and Receipt vouchers: recording cash and bank transactions
Journal voucher: adjusting entries, depreciation, and provisions
Sales voucher: creating invoices with item and account modes
Purchase voucher: recording supplier bills and purchase returns
Debit Note and Credit Note vouchers for returns and adjustments
Memorandum vouchers and post-dated cheque entry
Voucher narration, bill-wise details, and cost centre allocation
Reversing journal entries and understanding their use cases

Inventory Management

Enabling inventory features in Tally Prime (F11 configuration)
Creating Stock Groups, Stock Categories, and Units of Measure
Creating and managing Stock Items with opening balances
Godown (warehouse) creation and stock allocation across godowns
Purchase Order, Sales Order, and Delivery Note workflow
Receipt Note (GRN) and Rejection In/Out vouchers
Stock Journal: material transfers between godowns
Batch-wise and expiry date tracking for perishable items
Multiple price levels and price lists for different customer categories
Stock Summary, Movement Analysis, and Ageing Analysis reports

GST – Goods and Services Tax

Introduction to GST: CGST, SGST, IGST, UTGST – rates and applicability
GST registration: GSTIN structure, composition scheme, and reverse charge
Enabling GST in Tally Prime and configuring company GST details
Creating GST-compliant ledgers: input tax, output tax, and integrated tax
Configuring HSN/SAC codes for stock items and services
Recording GST Sales: B2B, B2C large, and B2C small transactions
Recording GST Purchases: local, interstate, and import purchases
Handling GST on advances received and advance payments made
GST Credit Note and Debit Note with reason codes
Nil-rated, exempt, and non-GST supplies – recording and reporting
Input Tax Credit (ITC): eligibility, blocked credits, and reconciliation
GSTR-1 filing: outward supplies return – generating and exporting from Tally
GSTR-3B: monthly summary return – preparation and reconciliation
GSTR-2A/2B reconciliation: matching purchase register with portal data
E-Way Bill generation and integration with Tally Prime

TDS – Tax Deducted at Source

Introduction to TDS: sections, rates, and threshold limits
Enabling TDS module in Tally Prime and configuring deductor details
Creating TDS Nature of Payment and TDS ledgers
Recording TDS on contractor payments (Section 194C)
TDS on professional fees (Section 194J) and rent (Section 194I)
TDS on salaries (Section 192) – computation and deduction
Lower deduction and NIL deduction certificate handling
TDS payment voucher entry and challan details recording
Generating Form 26Q and Form 24Q quarterly returns from Tally
TDS outstanding report and reconciliation with Form 26AS

Payroll Management

Enabling Payroll in Tally Prime and creating Pay Heads (earnings and deductions)
Creating Employee Groups and individual Employee masters
Defining Salary Structures: Basic, HRA, Conveyance, Special Allowance
Attendance and Leave management: present, absent, LOP, and overtime
Processing monthly payroll with Pay Slip generation
Provident Fund (PF): employee and employer contribution calculation
Employee State Insurance (ESI): applicability, rates, and contribution entry
Professional Tax (PT): state-wise slabs and deduction entry
Gratuity and bonus provisions in payroll accounting
Payroll reports: Pay Sheet, Attendance Register, and Employee Outstanding

Banking & Bank Reconciliation

Creating bank ledgers with account number and IFSC details in Tally
Recording cheque-based payments and receipts with instrument details
Post-dated cheque (PDC) management and clearing
Electronic Fund Transfer (NEFT/RTGS) entry in Tally
Bank Reconciliation Statement (BRS): purpose and process
Auto Bank Reconciliation using bank statement import (Excel/CSV)
Manual reconciliation: clearing matched transactions and identifying mismatches
Interest calculation on loans and overdraft accounts
Cash Flow and Fund Flow Statement generation from Tally
Maintaining petty cash book and imprest system in Tally

Manufacturing & Bill of Materials

Enabling manufacturing features and creating Bill of Materials (BOM)
Manufacturing Journal voucher: raw material to finished goods conversion
By-product and scrap accounting in the production process
Work-in-progress (WIP) tracking and costing
Job Work In and Job Work Out workflow in Tally Prime
Material consumption reports and production efficiency analysis
Costing methods: FIFO, LIFO, Weighted Average for stock valuation
Branch and Godown-wise stock management for multi-location businesses
Inter-branch stock transfer and accounting entries
Production Planning reports: material shortfall and reorder level alerts

Financial Reports & MIS Statements

Trial Balance: viewing, drilling down, and identifying errors
Balance Sheet: assets, liabilities, and capital analysis in Tally
Profit & Loss Account: gross profit, net profit, and expense analysis
Day Book, Cash Book, and Bank Book reports
Ledger and Group Summary reports with drill-down capability
Outstanding payables and receivables ageing analysis
Ratio Analysis report: liquidity, profitability, and solvency ratios
Multi-period comparative reports for trend analysis
Exception reports: negative stock, overdue bills, and budget variances
Exporting reports to Excel, PDF, and emailing directly from Tally

International Accounting & Multi-Currency

Enabling multi-currency feature and creating foreign currencies
Setting exchange rates: fixed, standard, and daily rate types
Recording import purchases in foreign currency with customs duty
Recording export sales with foreign currency invoicing
Forex gain/loss calculation and automatic journal adjustment
Letter of Credit (LC) and Bank Guarantee accounting
Currency filter for ledger and report viewing in foreign currency
Export of data in XML/Excel for ERP integration
Import of data into Tally using XML and third-party tools
Understanding FEMA compliance basics for import/export transactions

Tally Prime Security, Audit & Data Management

Creating Security Levels and user-wise access control in Tally Prime
Tally Vault: password-protecting company data with encryption
Restricting voucher creation, alteration, and deletion by user role
Tally Audit: tracking changes made to vouchers and masters
Backup and Restore of company data – best practices
Data migration from Tally ERP 9 to Tally Prime
Splitting company data for financial year-end processing
Year-end closing: opening balance carry-forward and new year setup
Tally.NET: remote access and sharing company data over the internet
Connecting Tally Prime with GST portal using Tally.NET ID

Capstone Project & Interview Preparation

End-to-end company setup: creating a trading/manufacturing company from scratch
Recording one month of complete transactions: purchases, sales, expenses, payroll
GST return preparation: GSTR-1 and GSTR-3B from live transaction data
TDS deduction, payment entry, and Form 26Q generation
Bank reconciliation with sample bank statement
Generating full financial reports: Balance Sheet, P&L, and Cash Flow
Identifying and correcting common errors in books of accounts
Year-end procedures: depreciation entry, provisions, and closing stock
Interview Q&A: frequently asked Tally and accounting questions
Resume preparation and placement support for Accounts Executive roles

Why Choose RIA Institute?

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Industry Syllabus

Our curriculum is aligned with Tally ERP latest updates (GST/TDS modules) ensuring you learn the most relevant features.

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Practical Training

We focus on live scenarios, vouchers, inventory management, and real-time projects for hands-on experience.

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Expert Mentors

Learn from certified Tally consultants with 12+ years of industry exposure.

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Career Support

We help you get placed in top firms like Infosys and Wipro.