Unit 1: Accounting Fundamentals
- Introduction to accounting concepts, financial statements, and financial statement analysis
- Concepts of cost centers and inventory
- Tally configuration, including INI setup, data directory configuration, single and multiple user settings, and screen components
- Mouse/keyboard conventions and key combinations for navigating Tally
- Company data management: creating, altering, selecting, loading, and closing companies; chart of accounts; company features and configuration
Unit 2: Accounting Transactions and Bank Reconciliation
- Creating, altering, and displaying groups and ledgers
- Accounting voucher types and transactions, including account invoice transactions, excise invoice, export invoice, and transactions using bill-wise details
- Bank reconciliation and interest calculations using simple and advanced parameters
- Voucher class usage, interest adjustments, voucher class creation, and invoice entry in a class situation
- Budget creation, alteration, and deletion for groups, ledgers, and cost centers; credit limit and credit period definition; budget display and variances; scenario creation, alteration, and deletion
- Journal transactions and payment vouchers
- Go down summary
Unit 3: Reporting and Accounts Books
- Reports: balance sheet, profit and loss account, ratio analysis, trial balance
- Accounts books: cash/bank book, all ledgers group summary and vouchers, sales, purchase, and journal registers
- Cost center and category summary, cost center breakup ledger and group breakup
- Outstanding receivables and payables, interest receivable and payable
- Statistics, cash flow, day book, list of accounts
- Reversing journals, optional vouchers, post-dated vouchers
Unit 4: Inventory Management
- Creating, altering, and displaying stock groups and stock items
- Inventory voucher types and transactions
- Inventory details in accounting vouchers
- Reports: stock summary
- Inventory books: stock item group summary, stock transfers, physical stock register, movement analysis, stock group and item analysis, stock category analysis, ageing analysis
- Sales order and purchase order book
- Statement of inventory related to go downs, categories
- Stock query, reorder status, purchase and sales order summary, purchase and sales bill pending
- Exception reports: negative stock and ledger, overdue receivables and payables
Unit 5: Cheque Printing, Security, and Tally Audit
- Cheque printing and common printing options
- Different printing formats and multi-account printing
- Dynamic report-specific options
- Creating group companies, using Tally vault, and security control with different security levels
- Using Tally Audit