Tally Prime With GST

Course in Detail

Basics of Accounting

  • Types of Accounts
  • Golden Rules of Accounting
  • Accounting Principles
  • Concepts and Conventions
  • Double Entry System of Book Keeping
  • Mode of Accounting
  • Financial Statements
  • Transactions
  • Recording Transactions

Fundamentals of Tally Prime

  • Getting Functional with Tally Prime
  • Creation / Setting up of Company in Tally Prime

Accounting Masters in Tally Prime

  • F11: Features
  • F12: Configurations
  • Setting up Account Heads

Inventory in Tally Prime

  • Stock Groups
  • Stock Categories
  • Go downs / Locations Units of Measure Stock Items
  • Creating Inventory Masters or National Traders

Central Sales Tax (CST)

  • Basics of Central Sales Tax (CST)
  • Enabling CST in Tally Prime
  • Recording Interstate Transactions in Tally Prime
  • Payment of CST
  • CST Reports

Point of Sale (PoS)

  • Features of Point of Sale (PoS) in Tally Prime
  • Configuring Point of Sale in Tally Prime
  • Entering POS Transactions POS Reports

Voucher Entry in Tally Prime

  • Accounting Vouchers Inventory
  • Vouchers Invoicing

Advanced Accounting in Tally Prime

  • Bill-wise Details
  • Cost Centres and Cost Categories
  • Voucher Class and Cost Centre Class Multiple Currencies
  • Bank Reconciliation Interest Calculations Budgets & Controls
  • Scenario Management

Advanced Inventory in Tally Prime

  • Order Processing Reorder Levels
  • Tracking Numbers Batch-wise Details
  • Additional Cost Details Bill of Materials (BoM)
  • Price Levels and Price Lists Stock Valuation
  • Zero Valued Entries
  • Inventory Ageing Analysis
  • Different Actual and Billed Quantities

GST Course Module

  • 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