Course: Tally Prime + Advanced GST (Duration: 3 Months)

1 Basic Accounting
  • Meaning/ Important Of Accounting/ Features Of Accounting/ Accounting Books/ Accounting Process/ Utility Of Accounting/ Accounting Years/ Rules Of Accounting
  • Fundamentals and principles of accounting
  • Types of accounts/ Debit & credit rules
  • Create Company/Maintain Multi Companies
  • Journal entries/ Ledger posting
  • Trial balance preparation
  • Source Of Documents required for Accounting
2. Manual Accounting
  • Recording transactions manually all entries
  • Purchase and Sales Registers
  • Preparation of Cash Book, Bank book and reconciliation
  • Balancing of ledgers
3. Business Accounting

(Proprietorship, Partnership, Company, Distributors, Trading, Transport, Professional Services)

  • Business capital, drawings, and profit sharing
  • Partner adjustments
  • Treatment of business expenses & incomes
  • Preparation of final accounts overview
4. Inventory Management
  • Understanding stock items, stock categories, and units
  • Inventory creation in Tally
  • Purchase & sales with inventory
  • Sales Order Processing/Delivery Challan/Debit Note/Discount Management
  • Purchase Order Processing/GRN (Goods Receipt Note)/Debit Note
  • Multiple Godown/Price List/Invoice-Wise Profitability/ Actual Item And Billed Item
  • Stock summary
5. Banking
  • Bank ledger creation(Saving, Current, overdraft, Cash Credit)
  • Auto Or Manually Bank Reconciliation (BRS)
  • Cheque entries and clearing, Loan, Loan Repayment
  • Online transfer entries (NEFT/RTGS etc.)
  • Handling bank differences
  • Auto Cheque Printing/ Post Dated Cheque Management
6. Advanced GST
  • Introduction-Meaning, Tax structure, Benefits, Exemptions
  • Types of GST (CGST, SGST, IGST)
  • GST Registration, Cancellation, Revoking
  • GST ledgers & tax masters creation
  • GST Accounting in Trading, Manufacturing, Hotel, Services, Composition Scheme
  • GST Product wise Rate/GST Input Tax Credit/GST Invoicing Format
  • GST purchase & sales entries
  • E-way bill/ E-invoice (Basic to advance process)
  • Basic GST reports
  • Input Tax Credit (ITC)
  • GST on services, Reverse Charge Mechanism (RCM), Tax on advance
  • GST Refunds/GST Time, Place & Value of supply
  • Multi-rate GST entries
  • GST adjustments & journal corrections
  • GSTR-1/1A, GSTR-2A/2B, GSTR-3B,GSTR-4,IMS
  • Filing GST returns using Tally
  • GST mismatch correction
  • Practical GST compliance
7. Up to Finalisation
  • Closing stock adjustments
  • Outstanding expenses & incomes
  • Depreciation, Provisions & adjustments Entries
  • Finalisation of accounts steps
  • Trial balance Profit & Loss to Balance Sheet flow
8. MIS Reports (Tally Prime)
  • Day Book/Ledger Reports/Balance Sheet/Profit & Loss Account/Stock Reports/Outstanding Reports/GST Report/Other Reports