Syllabus

Course Name:

Tally Essential 
Level 1 (Basic)

Duration:

Content Covered:

Fundamental of Accounting | Introduction to Tally | Maintaining Chart of Accounts | Recording and Maintaining Accounting Transactions | Banking | Generating Financial Statements and MIS Reports | Data Security | Company Data Management | Business Case Studies

20 Hours online training + 20 Hours of self-practice exercises

Detailed Syllabus:

1. Fundamentals of Accounting

  1. Meaning and definition of Accounting

  2. Need for Accounting

  3. Important Accounting terms

  4. Accounting Concepts

  5. Types of Accounts and Golden rules of Accounting

  6. Recording day – to – day business transactions

  7. Preparing Financial statements

2. Computerised Accounting – Introduction to TallyPrime

  1. Introduction to TallyPrime and its earlier versions

  2. Importance of TallyPrime and its earlier versions

  3. Company creation, alteration and deletion

  4.  Enabling advanced features in Tally through F11     Features

  5. Enabling F12 configurations and its uses

3. Maintaining chart of Accounts

  1. Accounting Masters (Ledgers and Groups) creation, alteration and deletion

  2. Inventory Masters (Stock Item, Stock Groups, Stock Categories, Unit of Measures and Godown) creation, alteration and deletion

4. Recording day to day business transactions

  1. Receipt

  2. Contra

  3. Payment

  4. Sales

  5. Purchase

  6. Sales Returns – Credit Note

  7. Purchase Returns – Debit Note

  8. Journal entries

5. Banking operations in TallyPrime

  1. Bank payments and Receipts

  2. Cheque and Cash Deposit slips printing

  3. Payment advice printing

  4. Maintaining cheque book register

  5. Printing of Cheques

  6. Bank Reconciliation

6.Simple Financial Reports in TallyPrime

  1. Day book

  2. Ledger books

  3. Trial Balance

  4. Profit & Loss accounts

  5. Balance sheet

  6. Receipts and Payments

7.Data Security

  1. Application of Security control to set password for company data

  2. Application of Security control to create user roles and security control on data

  3. Application of Tally Vault to set password for company data

8.Company Data Management

  1. Backup of Company data

  2. Restore of Company data

  3. Re-write of Company data