Tally ERP Prime with GST

Creating a Tally ERP Prime with GST course involves providing participants with comprehensive training on using Tally ERP Prime for accounting and GST compliance. Here’s an outline for such a course:

Course Overview:

The Tally ERP Prime with GST course offers participants a practical understanding of Tally ERP Prime software and how to use it for accounting, financial management, and Goods and Services Tax (GST) compliance. Participants will learn how to set up, configure, and use Tally ERP Prime effectively to manage business operations and comply with GST regulations.

Course Objectives:

Understand the features and functionalities of Tally ERP Prime
Gain proficiency in accounting and financial management tasks using Tally ERP Prime
Learn how to configure and use Tally ERP Prime for GST compliance
Develop practical skills for using Tally ERP Prime in real-world business scenarios

Course Outline:

Introduction to Tally ERP Prime

Overview of Tally ERP Prime features and capabilities
Understanding the Tally ERP Prime user interface
Installing and configuring Tally ERP Prime software

Company Creation and Configuration

Creating a new company in Tally ERP Prime
Configuring company settings and preferences
Setting up financial year, currency, and taxation details

Master Creation and Management

Creating and managing ledgers, groups, and subgroups
Defining stock items, units of measure, and stock groups
Managing party accounts and other master data

Accounting Transactions

Recording different types of accounting transactions: sales, purchases, payments, receipts, etc.
Understanding voucher entry in Tally ERP Prime
Generating accounting reports: trial balance, profit and loss statement, balance sheet, etc.

Inventory Management

Managing stock items and inventory levels in Tally ERP Prime
Recording stock transactions: stock transfers, stock journals, physical stock adjustments, etc.
Generating inventory reports: stock summary, stock aging analysis, etc.

GST Setup and Configuration

Understanding Goods and Services Tax (GST) concepts and regulations
Configuring GST settings in Tally ERP Prime: GSTIN, tax rates, tax ledgers, etc.
Enabling GST features and functionalities in Tally ERP Prime

GST Compliant Transactions

Recording GST-compliant sales and purchases transactions in Tally ERP Prime
Generating GST invoices, tax invoices, and other GST-related documents
Filing GST returns and compliance reports from Tally ERP Prime

GST Reconciliation and Compliance

Reconciling GST data with GST portal data in Tally ERP Prime
Resolving mismatches and discrepancies in GST data
Ensuring GST compliance and adherence to regulatory requirements

Banking and Financial Management

Managing bank accounts and bank transactions in Tally ERP Prime
Reconciling bank statements with Tally ERP Prime data
Generating bank reconciliation statements and financial reports

Payroll Processing (Optional)

Configuring payroll settings and employee details in Tally ERP Prime
Processing payroll transactions: salary payments, deductions, reimbursements, etc.
Generating payroll reports: payslips, attendance reports, PF/ESI reports, etc.

Tally ERP Prime Shortcuts and Tips

Learning useful shortcuts and tips for efficient usage of Tally ERP Prime
Improving productivity and accuracy in Tally ERP Prime operations
Exploring advanced features and functionalities of Tally ERP Prime

Case Studies and Practical Exercises

Hands-on exercises and case studies based on real-world business scenarios
Applying Tally ERP Prime skills to solve practical accounting and GST-related challenges
Peer collaboration and feedback on practical exercises

Prerequisites:

Basic understanding of accounting principles and concepts
Familiarity with computer usage and basic software applications
No prior experience with Tally ERP Prime is necessary

Target Audience:

Accounting professionals, finance managers, and business owners who want to learn Tally ERP Prime for accounting and GST compliance
Students and fresh graduates looking to enhance their accounting skills and improve employability
Anyone interested in learning how to use Tally ERP Prime for managing business operations and complying with GST regulations

Duration:

The course can be conducted over a period of 4-6 weeks, with classes scheduled for a few hours each week.

Conclusion:

The Tally ERP Prime with GST course provides participants with practical knowledge and skills for using Tally ERP Prime software for accounting and GST compliance. By covering fundamental and advanced topics, practical exercises, and real-world case studies, participants will be well-prepared to leverage Tally ERP Prime effectively in various business scenarios.

Tally ERP Prime with GST