black Android smartphone near ballpoint pen, tax withholding certificate on top of white folder
black Android smartphone near ballpoint pen, tax withholding certificate on top of white folder

Here’s a list of Tally Accounts and GST Course Topics with short descriptions:

1. Introduction to Tally

  • Overview of Tally software, its features, and its importance in accounting and GST compliance.

  • Understanding the Tally interface and navigation.

2. Basics of Accounting

  • Fundamentals of accounting principles and concepts.

  • Types of accounts: Personal, Real, and Nominal.

  • Double-entry system and accounting equations.

3. Company Creation and Setup in Tally

  • Creating a new company in Tally.

  • Configuring company settings like financial year, currency, and taxation details.

4. Ledger Creation and Management

  • Creating and managing ledgers for accounts like cash, bank, sales, purchases, etc.

  • Grouping ledgers under appropriate account heads.

5. Voucher Entry in Tally

  • Understanding different types of vouchers (e.g., payment, receipt, sales, purchase, journal).

  • Recording day-to-day financial transactions in Tally.

6. Inventory Management in Tally

  • Creating stock groups, categories, and items.

  • Managing stock levels, tracking inventory, and generating inventory reports.

7. GST (Goods and Services Tax) Basics

  • Introduction to GST and its structure (CGST, SGST, IGST).

  • GST rates, HSN/SAC codes, and GST compliance requirements.

8. GST Configuration in Tally

  • Setting up GST details in Tally.

  • Enabling GST features and configuring tax rates.

9. GST Invoice Creation

  • Generating GST-compliant invoices.

  • Including mandatory details like GSTIN, HSN/SAC codes, and tax breakdown.

10. GST Returns Filing

  • Preparing and filing GST returns (GSTR-1, GSTR-3B, GSTR-9).

  • Reconciling data and ensuring accuracy in returns.

11. Input Tax Credit (ITC) Management

  • Claiming and managing Input Tax Credit in Tally.

  • Reconciling ITC with purchase and expense records.

12. TDS (Tax Deducted at Source) in Tally

  • Understanding TDS concepts and rates.

  • Recording TDS transactions and generating TDS reports.

13. Payroll Management in Tally

  • Setting up payroll features in Tally.

  • Managing employee salaries, deductions, and statutory compliance (PF, ESI, etc.).

14. Banking and Reconciliation

  • Recording banking transactions in Tally.

  • Performing bank reconciliation to match Tally data with bank statements.

15. Financial Statements and Reports

  • Generating key financial reports like Profit & Loss, Balance Sheet, and Trial Balance.

  • Analyzing financial data for decision-making.

16. Data Backup and Security

  • Backing up Tally data to prevent loss.

  • Implementing security measures like user access control and data encryption.

17. Advanced Features in Tally

  • Using advanced features like multi-currency support, cost centers, and budgeting.

  • Customizing reports and managing multiple companies.

18. Practical Case Studies and Projects

  • Hands-on practice with real-world accounting and GST scenarios.

  • Solving practical problems and preparing for industry requirements.

19. Tally Software Updates

  • Keeping Tally updated with the latest features and GST compliance changes.

  • Understanding the importance of regular updates.

20. Certification and Career Guidance

  • Preparing for Tally certification exams.

  • Career opportunities in accounting, taxation, and GST compliance.

ü This course structure is designed to provide a comprehensive understanding of Tally and GST, making learners job-ready for roles in accounting, taxation, and finance.