Tally Training - Courses

1. Basic Module:

   • Introduction to Tally

   • Basic Accounting Principles

   • Creating and Maintaining Company Data

   • Managing Inventory

   • Generating Financial Statements

   • Bill Wise Details and Reports

   • BRS

2. Advanced Module

   • Advanced Accounting Features

   • Cost Centers and Cost Categories

   • Voucher Type Creation 

   • Additional Cost on Purchase

   • Order Processing

   • Default Account Allocation

   • Other Inventory Features

   • Advance Business Reports

3. Technical Module

   • Data Backup and Restore

   • Split Company Data

   • Tally Vault and Security Controls

   • Tally Audit 

   • Logo Printing

   • Multi Language Capability

   • TRIB other features

4. Tax Module: 

   • Understanding GST Act

   • GST Implementation in Tally 

   • Filing Tax Returns through Tally

   • Tax Reporting and Compliance

   • eway Bill and E invoice 

   • TDS & TCS

1. Basic Module:

   • Introduction to Tally

   • Basic Accounting Principles

   • Creating and Maintaining Company Data

   • Managing Inventory

   • Generating Financial Statements

   • Bill Wise Details and Reports

   • BRS

1. Introduction to Payroll in Tally:

   • Understanding Payroll Concepts

   • Overview of Payroll Features in Tally

   • Setting Up Payroll in Tally

2. Creating Payroll Masters:

   • Defining Employee Groups

   • Creating Employee Masters

   • Setting Up Pay Heads (Earnings, Deductions)

   • Configuring Salary Details for Employees

3. Processing Payroll:

   • Salary Processing

   • Generating Salary Statements

   • Handling Overtime, Bonuses, and Incentives

   • Managing Advances and Loans

4. Statutory Compliance:

   • Understanding Statutory Components (PF, ESI, PT, etc.)

   • Configuring Statutory Pay Heads

   • Statutory Deductions and Employer Contributions

   • Generating Statutory Reports

5. Payroll Reports and Statements:

   • Employee-wise Payroll Reports

   • Department-wise Payroll Analysis

   • Pay Slip Generation and Customization

   • Salary Register and Pay Sheet

6. TDS on Salary:

   • Configuring TDS in Payroll

   • Processing TDS Deductions

   • Generating TDS Reports and Forms

7. Handling Payroll in Multi-Location:

   • Managing Payroll for Multiple Locations

   • Consolidation of Payroll Data

   • Location-wise Payroll Reports

8. Advanced Payroll Features:

   • Configuring and Managing Employee Insurance

   • Setting Up Gratuity

   • Generating Full and Final Settlement

   • Importing and Exporting Payroll Data

9. Payroll Compliance and Filing:

   • Preparing and Filing Statutory Returns

   • Understanding Payroll Audit and Compliance

   • Ensuring Accuracy and Compliance in Payroll Processing

10. Hands-on Practice and Case Studies:

    • Real-world Payroll Scenarios

    • Practical Exercises and Assignments

    • Case Studies on Payroll Management

Learning Outcomes:

• Gain comprehensive knowledge of payroll management in Tally.

• Learn to configure and manage payroll processes effectively.

• Ensure statutory compliance in payroll processing.

• Generate accurate payroll reports and statements.

• Handle advanced payroll features and multi-location payroll management.

Overview: The Forex Management module in Tally is designed to provide learners with comprehensive knowledge and practical skills in managing foreign exchange transactions. This module covers all aspects of forex management, from configuration to reporting, helping users handle multi-currency transactions efficiently in Tally.

Syllabus:

1. Introduction to Forex Management:

   • Understanding Forex Management Concepts

   • Overview of Multi-Currency Features in Tally

   • Importance of Forex Management in Business

2. Setting Up Multi-Currency in Tally:

   • Configuring Foreign Currencies

   • Setting Up Exchange Rates

   • Creating Multi-Currency Masters

3. Recording Forex Transactions:

   • Creating Forex Purchase and Sales Invoices

   • Recording Forex Receipts and Payments

   • Handling Forex Journals and Adjustments

4. Forex Adjustments and Revaluations:

   • Understanding Forex Gain/Loss Adjustments

   • Recording Forex Revaluation Entries

   • Generating Forex Adjustment Reports

5. Managing Forex Accounts:

   • Creating Forex Ledgers

   • Managing Forex Bank Accounts

   • Reconciling Forex Transactions

6. Forex Reporting:

   • Generating Multi-Currency Trial Balance

   • Forex Profit and Loss Account

   • Balance Sheet with Multi-Currency Reporting

   • Forex Receivables and Payables Reports

7. Statutory Compliance in Forex:

   • Understanding Forex Regulations and Compliance

   • Recording and Reporting Statutory Forex Transactions

   • Generating Statutory Forex Reports

8. Advanced Forex Features:

   • Configuring Forex Budgets

   • Handling Forex Forward Contracts

   • Managing Forex Hedging

9. Forex Analysis and Decision Making:

   • Forex Transaction Analysis

   • Risk Management in Forex

   • Decision Making Based on Forex Reports

10. Hands-on Practice and Case Studies:

    • Real-world Forex Management Scenarios

    • Practical Exercises and Assignments

    • Case Studies on Forex Management

Learning Outcomes:

• Gain in-depth knowledge of forex management in Tally.

• Learn to configure and manage multi-currency transactions effectively.

• Ensure compliance with forex regulations.

• Generate accurate forex reports and statements.

• Handle advanced forex features and analyze forex transactions for better decision making.

Overview: The Budgets and Scenario Management module in Tally is designed to provide learners with an in-depth understanding of creating, managing, and analyzing budgets and scenarios. This module helps users effectively plan, monitor, and control financial activities, allowing for better decision-making and financial management.

Syllabus:

1. Introduction to Budgets and Scenarios:

   • Understanding Budgets and Their Importance

   • Overview of Scenario Management

   • Key Concepts and Terminologies

2. Setting Up Budgets in Tally:

   • Creating Budget Masters

   • Defining Budget Groups and Ledgers

   • Configuring Budget Parameters and Limits

3. Allocating Budgets:

   • Allocating Budgets to Various Cost Centers

   • Setting Budget Periods and Intervals

   • Adjusting and Revising Budgets

4. Budget Reporting:

   • Generating Budget Variance Reports

   • Analyzing Budget vs. Actual Performance

   • Creating Budget Summaries and Detailed Reports

5. Scenario Management:

   • Creating and Managing Scenarios

   • Setting Up What-If Scenarios

   • Analyzing Scenario-Based Reports

6. Advanced Budgeting Features:

   • Configuring and Managing Multiple Budgets

   • Setting Up and Monitoring Overhead Budgets

   • Integrating Budgets with Financial Statements

7. Budget Control and Monitoring:

   • Implementing Budgetary Controls

   • Monitoring Budget Compliance

   • Taking Corrective Actions Based on Budget Analysis

8. Scenario Planning and Analysis:

   • Creating Financial Models for Scenarios

   • Conducting Sensitivity Analysis

   • Evaluating Financial Outcomes of Different Scenarios

9. Hands-on Practice and Case Studies:

   • Real-world Budget and Scenario Management Scenarios

   • Practical Exercises and Assignments

   • Case Studies on Budget Planning and Scenario Analysis

10. Integrating Budgets with Business Operations:

    • Aligning Budgets with Business Goals

    • Using Budgets for Strategic Planning

    • Enhancing Financial Decision-Making with Budgets

Learning Outcomes:

• Gain a comprehensive understanding of budget creation and management in Tally.

• Learn to allocate and monitor budgets effectively.

• Analyze budget performance and generate detailed budget reports.

• Create and manage scenarios for better financial planning and analysis.

• Implement budgetary controls and ensure compliance with financial goals.

Overview: The Interest Calculation module in Tally is designed to provide learners with an in-depth understanding of calculating and managing interest on outstanding receivables, payables, and loans. This module covers various methods of interest calculation, setup, and reporting, enabling users to handle interest-related transactions efficiently.

Syllabus:

1. Introduction to Interest Calculation:

   • Understanding Interest Concepts

   • Overview of Interest Calculation Features in Tally

   • Importance of Interest Management in Business

2. Setting Up Interest Calculation in Tally:

   • Configuring Interest Parameters

   • Defining Interest Rates and Periods

   • Setting Up Interest Masters

3. Interest Calculation Methods:

   • Simple Interest Calculation

   • Compound Interest Calculation

   • Flat Rate and Reducing Balance Methods

4. Applying Interest to Transactions:

   • Configuring Interest for Receivables and Payables

   • Setting Up Interest for Loans and Advances

   • Managing Interest on Overdue Invoices

5. Recording Interest Transactions:

   • Calculating Interest Automatically

   • Manual Interest Calculation Entries

   • Adjusting Interest Calculations

6. Interest Reporting:

   • Generating Interest Calculation Reports

   • Analyzing Interest on Outstanding Receivables and Payables

   • Detailed Interest Statements for Loans and Advances

7. Advanced Interest Features:

   • Configuring Multiple Interest Rates

   • Handling Interest-Free Periods

   • Managing Penalty Interest and Grace Periods

8. Interest Reconciliation:

   • Reconciling Interest Calculations with Financial Records

   • Handling Interest Discrepancies

   • Generating Reconciliation Reports

9. Tax Implications and Compliance:

   • Understanding Tax on Interest Income

   • Recording and Reporting Taxable Interest

   • Ensuring Compliance with Tax Regulations

10. Hands-on Practice and Case Studies:

    • Real-world Interest Calculation Scenarios

    • Practical Exercises and Assignments

    • Case Studies on Interest Management

Learning Outcomes:

• Gain a comprehensive understanding of interest calculation in Tally.

• Learn to set up and manage interest parameters and rates.

• Apply different interest calculation methods to various transactions.

• Generate and analyze interest calculation reports.

• Ensure compliance with tax regulations related to interest income.