Description
The Tally Prime course is a comprehensive training program designed to equip learners with advanced skills in Tally Prime, the latest version of the Tally software. This course provides a deep dive into business accounting, inventory management, and financial reporting, making it an essential tool for accountants, business owners, and finance professionals looking to streamline their financial operations.
Tally Prime is designed to be more flexible, user-friendly, and faster than previous versions, allowing businesses to efficiently handle accounting, payroll, taxation, and inventory tasks. This course ensures that learners understand both the basic and advanced features of Tally Prime, enabling them to effectively manage their business finances and ensure regulatory compliance.
Target Audience:
- Accountants and finance professionals seeking to enhance their expertise in financial management software.
- Small and medium business owners who want to manage their accounts, inventory, and payroll efficiently.
- Students and aspiring professionals interested in entering the field of business accounting.
- Individuals looking to switch to Tally Prime from older versions like Tally ERP 9.
Key Topics Covered
Key Topics Covered:
- Introduction to Tally Prime: Navigating the user interface, configuring company settings, and understanding new features.
- Basic Accounting: Ledger creation, voucher entries, and preparation of financial statements (Balance Sheet, Profit & Loss).
- Inventory Management: Managing stock groups, stock categories, godowns, and tracking inventory with real-time data.
- GST and Taxation: Configuring and managing GST in Tally Prime, generating GST-compliant invoices, and filing returns. Also includes handling TDS, TCS, and other taxes.
- Payroll Management: Setting up payroll, processing salaries, and complying with statutory requirements like Provident Fund (PF) and Employee State Insurance (ESI).
- Banking and Reconciliation: Managing banking transactions, performing bank reconciliations, and utilizing online banking features in Tally Prime.
- Advanced Financial Reporting: Generating MIS (Management Information System) reports, cash flow statements, and financial summaries for better decision-making.
- Data Management and Security: Understanding the backup, restore, and data security features of Tally Prime to ensure data integrity and safety.
- Multi-Currency and Multi-Location Accounting: Managing transactions across different currencies and locations for global businesses.
Learning Outcomes: By the end of this course, participants will:
- Become proficient in using Tally Prime for accounting, inventory, and payroll management.
- Efficiently handle GST and other tax compliance tasks in Tally Prime.
- Manage advanced financial reporting and analysis for business decision-making.
- Understand how to secure and manage data, ensuring accuracy and compliance.
- Effectively switch from Tally ERP 9 to Tally Prime, leveraging new features for greater business efficiency.