Tally Intermediate with GST ( 35 hours)

Chapter 1: Fundamentals of Accounting
• Introduction
• Accounting Terms
• Accounting Assumptions, Concepts and Principles
• Assumptions
• Concepts
• Principles
• Double Entry System of Accounting
• Types of Accounts
• Golden Rules of Accounting
• Source Documents for Accounting
• Key Takeaways

Chapter 2: Journalising and Posting of Transaction
• Introduction
• Recording of Business Transactions
• Recording of Transactions in Books of Original Entry/Journal
• Use of Debit and Credit
• Rules of Debit and Credit
• Recording of Business Transactions in Journal
• Ledger
• Need for Ledger
• Differences between a Journal and a Ledger
• Classification of Ledger Accounts
• Posting from Journal
• Trial Balance
• Methods of Preparation
• Subsidiary Books & Control Accounts
• Cash Book
• Petty Cash Book
• Purchase Book
• Purchase Return Book
• Sales Book
• Sales Return Book
• Control Accounts
• Financial Statements
• Trading and Profit & Loss Account
• Trading Account
• Profit & Loss Account
• Balance Sheet
• Types of Assets and Liabilities included in Balance Sheet
• Key Takeaways

Chapter 3: Maintaining Chart of Accounts in Tally.ERP 9
• Introduction
• Getting Started with Tally.ERP 9
• Mouse and Keyboard Conventions

• Company Creation
• Shut a Company
• Select a Company
• Alter a Company
• Company Features and Configurations
• Company Features: F11
• Configuration: F12
• Chart of Accounts
• Ledger
• Group
• Ledger Creation
• Single Ledger Creation
• Multi Ledger Creation
• Altering and Display of Ledgers
• Ledger Alteration
• Single Ledger Display
• Multi Ledger Display
• Deleting Ledgers
• Group Creation
• Single Group Creation
• Multiple Group Creation
• Altering and Display of Groups
• Group Alteration
• Single Group Display
• Multi Group Display
• Deleting Groups
• Key Takeaways

Chapter 4: Fundamentals of Inventory Management
• Introduction
• Inventory Management
• Terms Used in Inventory Management
• Inventory Valuation
• Different Types of Inventory Valuation
• Inventory Management in Tally.ERP 9
• Conclusion

Chapter 5: Stock Keeping Units
• Introduction
• Inventory Masters in Tally ERP 9
• Creating Inventory Masters
• Creation of Stock Group
• Creation of Unit of Measure
• Creation of Stock Item
• Creation of Godown
• Defining of Stock Opening Balance in Tally ERP 9
• Key Takeaways

Chapter 6: Recording Day to Day Transactions

• Introduction
• Business Transactions
• Source Document or Voucher
• Recording Transactions in Tally.ERP 9
• Accounting Vouchers
• Receipt Voucher
• Contra Voucher
• Payment Voucher
• Purchase Voucher
• Sales Voucher
• Debit Note Voucher
• Credit Note Voucher
• Journal Voucher
• Creation of New Voucher Type
• Automation of Invoices (Voucher Classes)
• Non-Accounting Vouchers
• Reversing Journal
• Recording Provisional Entries
• Recording Inventory Vouchers
• Receipt Note Voucher
• Delivery Note Voucher
• Stock Journal Voucher
• Physical Verification of Stocks
• Conclusion
• Key Takeaways

Chapter 7: Accounts Receivable and Payable Management
• Introduction
• Accounts Payable and Receivable
• Maintaining Bill-wise Details
• Activation of Maintaining Bill-wise Details Feature
• New Reference
• Against Reference
• Advance Reference
• On Account
• Payment Performance of Debtors
• Changing the Financial Year in Tally.ERP 9
• Conclusion
• Key Takeaways

Chapter 8: Banking
• Introduction
• Banking Payments
• Setting up Banking Features
• Cheque Management
• Cheque Printing

• Cheque Register
• Cancelled Cheque
• Blank Cheque
• Bank Reconciliation
• Manual Bank Reconciliation
• Auto Bank Reconciliation
• Deposit Slip
• Cash Deposit Slip
• Cheque Deposit Slip
• Payment Advice
• Managing of Post-dated Cheques
• Conclusion
• Key Takeaways

Chapter 9: MIS Reports
• Introduction
• Advantages of Management Information Systems
• Types of MIS Reports in Tally.ERP 9
• MIS Reports in Tally. ERP 9
• Trial Balance
• Balance Sheet
• Profit and Loss Account
• Cash Flow Statement
• Funds Flow Statement
• Books and Accounting Reports
• Day Book
• Receipts and Payments
• Purchase Register
• Sales Register
• Bills Receivable and Bills Payable
• Inventory Reports
• Stock Summary
• Stock Transfer
• Movement Analysis
• Ageing Analysis
• Key Takeaways

Chapter 10 Storage and Classification of Inventory
• Introduction
• Godown Management
• Activating Godown
• Creating a Godown
• Allocation of Stock to Particular Godown while Defining Opening Balance
• Recording of Purchase, Sales and Stock Transfers with Godown Details
• Purchase of Inventory
• Recording stock transfer entry using stock journal
• Sale of Inventory

• Maintaining Damaged Goods
• Analysing Godown Summary and Stock Movement Reports
• Stock Category
• Activation of Stock Categories
• Creating Stock Categories
• Recording of Transactions
• Movements of Goods in Batches/Lots – Batch wise details
• Activating Batch-wise Details in Tally.ERP 9
• Using Batch-wise Details in Purchase Invoice
• Using Batch-wise Details in Sales Invoice
• Batch Reports
• Batch Vouchers Report
• Batch Summary Report
• Transfer Analysis report
• Stock Valuation Methods
• Configuration of Stock Valuation Method
• Different Types of Costing Methods
• Recording of Purchase and Sales Transactions
• Stock Valuation based on FIFO Perpetual Method
• Conclusion
• Key Takeaways

Chapter 11 Management of Purchase and Sales Cycles
• Introduction
• Purchase Order Processing
• Activating Order Processing in Tally.ERP 9
• Sales Order Processing
• Viewing Order Details
• Display Columnar Orders & Stock Details
• Sales order outstanding.
• Conclusion
• Key Takeaways

Chapter 12 Manufacturing Process
• Introduction
• Activating of Bill of Materials
• Auto Listing of Components Using Bill of Materials
• Accounting of Manufacturing Process in Tally.ERP 9
• Transferring of Manufactured Goods from Storehouse to Showroom
• Reports
• Stock Journal Register
• Transfer Analysis
• Cost Estimation
• Stock Ageing Analysis
• Conclusion
• Key Takeaways

Chapter 13 Goods and Services Tax

• Introduction to GST
• Getting Started with GST (Goods)
• Advance adjustments and Entries (Goods)
• Getting Started with GST (Services)
• Advance adjustments and Entries (Services)
• Conclusion
• Key Takeaways

Chapter 17 – Securing Financial Information – ** only for licensed version

• Introduction
• Security Control
• Activation of Security Control and Creation of Security Levels in Tally.ERP 9
• Accessing the Company with Data Operator’s User Account
• Password Policy
• TallyVault Password
• Activation of TallyVault in Tally.ERP 9
• Configuration of TallyVault Password while Creating the Company
• Configuration of TallyVault Password for Existing Company
• Benefits of TallyVault Password
• Conclusion
• Key Takeaways

Chapter 18 Data Management and Financial Year End Process
• Introduction
• Backup and Restore
• Backup of Data
• Restoring Data from a Backup File
• Export and Import of Data
• Exporting and Importing of Data from One Company to Another in XML Format
• Exporting of data in other available formats
• E-Mailing in Tally.ERP 9
• Printing Reports
• Managing of Data during Financial Year End Process
• Important Pre-Split Activity
• Splitting of Data
• Key Takeaways

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