Tally ERP9 (With GST) Course

Our institute’s Tally ERP9 (With GST) Course is a unique, all-inclusive course that aims to provide participants with a thorough understanding of accounting software and the nuances of implementing the Goods and Services Tax (GST). Our courses are designed with care to accommodate both novices and experts, offering practical instruction in using Tally ERP9’s functionalities and comprehending the subtleties of GST compliance. Our coaching, which is led by seasoned teachers, places a strong emphasis on real-world scenarios and interactive sessions that emphasize practical application, ensuring that participants fully understand basic principles. Whether a person wants to work in finance or improve their accounting abilities, our training facility provides a stimulating environment that is designed to match industry standards and promote professional advancement.

Fundamentals of Accounting

• Introduction Of Tally Prime
• Accounting Assumptions, Concepts and Principles
• Accounting Principles
• Double Entry System of Accounting
• Types of Accounts
• The Golden Rules of Accounting
• Recording of Business Transactions
• The Accounting Equation
• 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
• Accounting Vouchers
• Receipt Voucher (F6)
• Contra Voucher (F4)
• Payment Voucher (F5)
• Purchase Voucher (F9)
• Sales Voucher (F8)
• Debit Note Voucher
• Credit note Voucher

Maintaining Chart of Accounts in Tally. Prime

• Introduction To Tally
• Getting Started with Prime
• Mouse/Keyboard Conventions
• Company Creation
• Shut a Company
• Select a Company
• Alter Company Details
• Company Features and Configurations
• F11: Company Features
• Ledger Creation
• Altering and Displaying Ledgers
• Display of Ledgers
• Deletion of Groups and Ledgers
• What is Ledger?
• Classification of Ledger Accounts
• Posting from Journal
• Financial Statements
• Trading Account
• Profit & Loss Account & Balance Sheet
• Accounts Payables and Receivables
• Maintaining Bill-wise Details
• Activation of Maintain Bill-wise Details Feature
• New Reference
• Against Reference / Advance Reference
• On Account Reference

Maintaining Stock Keeping Units (SKU)

• Introduction To Inventory Masters in Tally prime
• Creating Inventory Masters
• Creation of Stock Group
• Creation of Units of Measure
• Creation of Stock Item
• Creation of Go down
• Purchase cycle
• Sales cycle
• Stock Management In Tally

Storage and Classification of Inventory

• Godown Management
• Activating Godown
• Creating A Godown
• Recording Of Purchase, Sales And Stock
  Transfers With Godown Details
• Purchase Of Inventory
• Recording Stock Transfer Entry Using Stock
  Journal
• Sale Of Inventory
• Analyzing Godown
• Movements Of Goods In Batches
• Activating Batch-Wise Details In Tally Prime
• Using Batch-Wise Details In Purchase Invoice

Overview of Goods & Service Tax

• Levy and exemption from Tax
• Current tax under GST Regime
• Overview Of Intra State Purchase & Sales
• Overview Of Inter-State Purchase & Sales
• Overview GST Work Flow
• Electronic Commerce
• Explain E-Way Bill
• Overview E-Way Bill Work Flow
• Explain GST Number Code
• GST Registration Process
• Explain Composition Scheme
• How Will I File GST Return?
• GST Payments
• GSTN Portal Information
• Explain Ledger Of GSTN Portal
• Explain Input Credit Adjustment
• Explain ITC On Closing Stock
• Explain Late Fee & Fines & Cancellation Of GST No
• Explain GST Rates
• Create Company And Active GST In Company
  Level
• Creating Masters And Set GST Rates
• Creating Tax Ledger
• Transferring Tax Credit Of VAT, Excise And
  Service Tax To GST
• Recording GST Sales And Printing Invoice
• Recording GST Interstate Sales And Printing
  Invoice
• Recording An Advanced Payment To Supplier
  Under GST
• Recording GST Local Purchase
• Recording GST Interstate Purchase
• HSN Code & SAC Codes

Recording Vouchers with TDS

• Introduction To TDS
• Basic Concepts of TDS
• TDS Process
• TDS in Tally prime
• Activation of TDS Feature in Tally Prime
• TDS Statutory Masters
• Configuring TDS at Ledger Level
• Recording Transactions
• Activate of TDS During Voucher Entry