Tally

TallyACE Release 6.
0 - 60 hours
Chapter 1: Fundamentals of Accounting - 6 hours

1.1 Introduction
1.2 Accounting Terms
1.3 Accounting Assumptions, Concepts and Principles
1.3.1 Assumptions
1.3.2 Concepts
1.3.3 Principles
1.4 Double Entry System of Accounting
1.5 Types of Accounts
1.6 The Golden Rules of Accounting
1.7 Source Documents for Accounting
1.8 Recording of Business Transactions
1.8.1 The Accounting Equation
1.8.2 Recording of Transactions in Books of Original Entry/Journal
1.8.2.1 Use of Debit and Credit
1.8.2.2 Rules of Debit and Credit
1.8.2.3 Recording of Business Transactions in Journal
1.9 Ledger
1.9.1 Need for Ledger
1.9.2 Differences between a Journal and a Ledger
1.9.3 Classification of Ledger Accounts
1.9.4 Posting from Journal
1.10 Trial Balance
1.10.1 Methods of Preparation
1.11 Subsidiary Books & Control Accounts
1.11.1 Cash Book
1.11.1.1 Single Column Cash Book
1.11.1.2 Double Column Cash Book
1.11.1.3 Three Column Cash Book
1.11.2 Petty Cash Book
1.11.3 Purchase (Journal) Book
1.11.4 Purchases Return (Journal) Book
1.11.5 Sales (Journal) Book
1.11.6 Sales Return (Journal) Book
1.11.7 Journal Proper
1.11.8 Control Accounts
1.12 Financial Statements
1.12.1 Trading and Pro"t & Loss Account
1.12.1.1 Trading Account
1.12.1.2 Pro!t & Loss Account
1.12.2 Balance Sheet
1.12.2.1 Types of Assets and Liabilities included in a Balance Sheet
Key Takeaways
Practice Exercises
Chapter 2: Maintaining Chart of Accounts in Tally.ERP - 4 hours
2.1 Introduction
2.1.1 Getting Started with Tally.ERP 9
2.1.2 Mouse/Keyboard Conventions
2.2 Company Creation
2.2.1 Shut a Company
2.2.2 Select a Company
2.2.3 Alter Company Details
2.3 Company Features and Configurations
2.3.1 F11: Company Features
2.3.2 F12: Configuration
2.4 Chart of Accounts
2.4.1 Ledger
2.4.2Group
2.5 Ledger Creation
2.5.1 Single Ledger Creation
2.5.2 Multi Ledger Creation
2.5.3 Altering and Displaying Ledgers
2.6 Group Creation
2.6.1 Single Group Creation
2.6.2 Multiple Group Creation
2.7 Displaying Groups and Ledgers
2.7.1 Displaying Groups
2.7.2 Display of Ledgers
2.8 Deletion of Groups and Ledgers
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 3: Maintaining Stock Keeping Units (SKU) - 5 hours
3.1 Introduction
3.2 Inventory Masters in Tally.ERP 9
3.3 Creating Inventory Masters
3.3.1 Creation of Stock Group
3.3.2 Creation of Units of Measure
3.3.3 Creation of Stock Item
3.3.4 Creation of Godown
3.3.5 Defining of Stock Opening Balance in Tally.ERP 9
3.3.6 Stock Category
3.4 Reports
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 4: Recording Day-to-Day Transactions in Tally.ERP 9 - 10 hours
4.1 Introduction
4.2 Business Transactions
4.2.1 Source Document for Voucher
4.2.2 Recording Transactions in Tally.ERP 9
4.3 Accounting Vouchers
4.3.1 Receipt Voucher (F6)
4.3.2 Contra Voucher (F4)
4.3.3 Payment Voucher (F5)
4.3.4 Purchase Voucher (F9)
4.3.5 Sales Voucher (F8)
4.3.6 Debit Note Voucher
4.3.7 Credit Note (Ctrl+F8)
4.3.8 Journal Voucher (F7)
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 5: Accounts Receivable and Payable Management – 10 hours
5.1 Introduction
5.1.1 Accounts Payables and Receivables
5.2 Maintaining Bill-wise Details
5.3 Activation of Maintain Bill-wise Details Feature
5.4 New Reference
5.5 Against Reference
5.6 Advance
5.7 On Account
5.8 Stock Category Report
5.9 Changing the Financial Year in Tally.ERP 9
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 6: MIS Reports - 5 hours
6.1 Introduction
6.2 Advantages of Management Information Systems
6.3 MIS Reports in Tally.ERP 9
6.3.1 Trial Balance
6.3.2 Balance Sheet
6.3.3 Profit and Loss Account
6.3.4 Cash Flow Statement
6.3.5 Ratio Analysis
6.3.6 Books and Reports
6.3.6.1 Day Book
6.3.6.2 Receipts and Payments
6.3.6.3 Purchase Register
6.3.6.4 Sales Register
6.3.6.5 Bills Receivable and Bills Payable
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 7: Goods and Services Tax (GST) - 15 hours

7.1 Introduction
7.2 Goods and Services tax (GST)
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 8: Recording Vouchers with TDS (Tax Deducted at Source) - 5 hours
8.1 Introduction
8.2 Basic Concepts of TDS
8.3 TDS in Tally.ERP 9
8.4 Activation of TDS Feature in Tally.ERP 9
8.5 TDS Statutory Masters
8.6 Configuring TDS at Group Level
8.7 Configuring TDS at Ledger Level
8.8 Booking of Expenses in Purchase Voucher
8.9 TDS Report
Key Takeaways
Shortcut Keys
Practice Exercises
TallyPRO Release 6.0 - 90 hours
S.no Chapter Hours
1 Fundamentals of Accounting 2
2 Journalising and Posting of Transaction 4
3 Maintaining Chart of Accounts in Tally.ERP 9 4
4 Fundamentals of Inventory Management 4
5 Stock Keeping Units 4
6 Recording Day to Day Transactions 4
7 Accounts Receivable and Payable Management 4
8 Banking 5
9 Allocation and Tracking of Expenses and Incomes 4
10 MIS Reports 4
11 Storage and Classifications of Inventory 4
12 Management of Purchase and Sales Cycles 4
13 Price Levels and Price Lists 5
14 Manufacturing Process 5
15 Goods and Services Tax 20
16 Tax Deducted at Source (TDS) 5
17 Securing Financial Information 3
18 Data Management and Financial Year End Process 5
Total Duration 90
TallyPRO Table of Content
Chapter 1: Fundamentals of Accounting
1.1 Introduction
1.3.1 Assumptions
1.3.2 Concepts
1.3.3 Principles
1.6 Golden Rules of Accounting
Key Takeaways
Practice Exercises
Chapter 2: Journalising and Posting of Transaction

2.1 Introduction
2.3 Ledger
2.4 Trial Balance
2.5.1 Cash Book
2.5.3 Purchase Book
2.5.4 Purchase Return Book
2.5.5 Sales Book
2.5.6 Sales Return Book
2.6.1 Trading and Profit & Loss Account
2.6.1.2 Profit & Loss Account
2.6.2 Balance Sheet
2.6.2.1 Types of Assets and Liabilities included in Balance Sheet
Key Takeaways
Practice Exercises
Chapter 3: Maintaining Chart of Accounts in Tally.ERP 9

3.1 Introduction
3.1.2 Mouse and Keyboard Conventions
3.2.3 Alter a Company
3.3.1 Company Features: F11
3.3.2 Configuration: F12
3.4.1 Ledger
3.4.2 Group
3.5 Ledger Creation
3.5.3 Altering and Display of Ledgers
3.5.3.1 Ledger Alteration
3.5.3.2 Single Ledger Display
3.5.3.3 Multi Ledger Display
3.5.4 Deleting Ledgers
3.6 Group Creation
3.6.3 Altering and Display of Groups
3.6.3.1 Group Alteration
3.6.3.2 Single Group Display
3.6.3.3 Multi Group Display
3.6.4 Deleting Groups
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 4: Fundamentals of Inventory Management

4.1 Introduction
4.2 Inventory Management
4.3 Terms Used in Inventory Management
4.4 Inventory Valuation
4.4.1 Different Types of Inventory Valuation
4.5 Inventory Management in Tally.ERP 9
Conclusion
Practice Exercise
Chapter 5: Stock Keeping Units

5.1 Introduction
5.2 Inventory Masters in Tally ERP 9
5.3.2 Creation of Unit of Measure
5.3.5 Defining of Stock Opening Balance in Tally ERP 9
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 6: Recording Day to Day Transactions
6.1 Introduction
6.2.1 Source Document or Voucher
6.3.1 Receipt Voucher
6.3.2 Contra Voucher
6.3.3 Payment Voucher
6.3.4 Purchase Voucher
6.3.5 Sales Voucher
6.3.7 Credit Note Voucher
6.3.8 Journal Voucher
6.4 Creation of New Voucher Type
6.5 Automation of Invoices (Voucher Classes)
6.6 Non-Accounting Vouchers
6.6.1 Memorandum Voucher
6.6.2 Optional Vouchers
6.6.3 Reversing Journal
6.7 Recording Provisional Entries
6.8 Recording Inventory Vouchers
6.8.1 Receipt Note Voucher
6.8.2 Delivery Note Voucher
6.8.3 Rejection In Voucher
6.8.4 Rejection Out Voucher
6.8.5 Stock Journal Voucher
6.8.6 Physical Verification of Stocks
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises
Chapter 7: Accounts Receivable and Payable Management

7.1 Introduction
7.2 Accounts Payable and Receivable
7.4 Activation of Maintaining Bill-wise Details Feature
7.5 New Reference
7.7 Advance Reference
7.8 On Account
7.9 Credit Limit
7.9.1 Activate Credit Limit
7.9.2 Setting Credit Limits
7.9.3 Exceeding Credit Limits
7.9.4 Exception to Credit Limits
7.10 Payment Performance of Debtors
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 8: Banking
8.1 Introduction
8.2 Banking Payments
8.3 Setting up Banking Features
8.4 Cheque Management
8.4.1 Cheque Printing
8.4.1.1 Single Cheque Printing
8.4.1.2 Multi Cheque Printing
8.4.2 Cheque Register
8.4.2.1 Cancelled Cheque
8.4.2.2 Blank Cheque
8.5 Bank Reconciliation
8.5.1 Manual Bank Reconciliation
8.5.2 Auto Bank Reconciliation
8.6 Deposit Slip
8.6.1 Cash Deposit Slip
8.6.2 Cheque Deposit Slip
8.7 Payment Advice
8.8 Managing of Post-dated Cheques
8.9 Notional Bank
8.10 Post-dated Report
8.11 Handling e-Payments in Tally.ERP 9
8.11.1 e-Payments Report
8.11.2 Exporting e-Payment Transactions from e-Payments Report
8.11.3 Sending Payment Instructions to Bank
8.12 Updating the Bank Details Instantly in Tally.ERP 9
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 9: Allocation and Tracking of Expenses and Incomes

9.1 Introduction
9.2 Cost Centre and Cost Categories
9.2.1 Activation of Cost Category and Cost Centre
9.2.2 Allocation of Expenses and Incomes using Cost Centre
9.2.3 Allocation of Expenses and Incomes using Cost Centre with Cost category
9.2.3.1 Allocation of expenses to multiple cost centres and cost categories
9.3 Automation of Cost Centre and Cost Categories while recording transactions
9.3.1 Cost Centre Classes
9.4 Cost Centre Reports
9.4.1 Category Summary
9.4.2 Cost Centre Break-up
9.4.3 Ledger Break-up
9.4.4 Group Break-up
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 10: MIS Reports

10.1 Introduction
10.3 Types of MIS Reports in Tally.ERP 9
10.4 MIS Reports in Tally. ERP 9
10.4.1 Trial Balance
10.4.5 Funds Flow Statement
10.4.7 Books and Accounting Reports
10.4.7.1 Day Book
10.4.8 Inventory Reports
10.4.8.1 Stock Summary
10.4.8.2 Stock Transfer
10.4.8.3 Movement Analysis
10.4.8.4 Ageing Analysis
Key Takeaways
Shortcut Keys
Practise Exercises
Chapter 11 Storage and Classification of Inventory

11.1 Introduction
11.2 Godown Management
11.2.1 Activating Godown
11.2.2 Creating a Godown
11.2.3 Allocation of Stock to Particular Godown while Defining Opening Balance
11.2.4 Recording of Purchase, Sales and Stock Transfers with Godown Details
11.2.4.1 Purchase of Inventory
11.2.4.2 Recording stock transfer entry using stock journal
11.2.4.3 Sale of Inventory
11.2.5 Maintaining Damaged Goods
11.2.6 Analysing Godown Summary and Stock Movement Reports
11.3 Stock Category
11.3.1 Activation of Stock Categories
11.3.2 Creating Stock Categories
11.3.3 Recording of Transactions
11.4 Movements of Goods in Batches/Lots - Batch wise details
11.4.1 Activating Batch-wise Details in Tally.ERP 9
11.4.2 Using Batch-wise Details in Purchase Invoice
11.4.3 Using Batch-wise Details in Sales Invoice
11.4.4 Expired Batch/Stock Transfer
11.4.5 Batch Reports
11.4.5.1 Batch Vouchers Report
11.4.5.2 Batch Summary Report
11.4.5.3 Transfer Analysis report
11.5 Stock Valuation Methods
11.5.1 Configuration of Stock Valuation Method
11.5.2 Different Types of Costing Methods
11.5.3 Recording of Purchase and Sales Transactions
11.5.4 Stock Valuation based on FIFO Perpetual Method
Conclusion
Key Takeaways
Shortcut Keys
Chapter 12 Management of Purchase and Sales Cycles

12.1 Introduction
12.2 Purchase Order Processing
12.2.1 Activating Order Processing in Tally.ERP 9
12.3 Sales Order Processing
12.4 Viewing Order Details
12.5 Display Columnar Orders & Stock Details
12.6 Sales order outstanding.
12.7 Pre-closure of Order
12.8 Reorder Level
12.9 Display Reorder Status
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises
Chapter 13 Price Levels and Price Lists
13.0 Introduction
13.1 Activating Price Lists and Defining of Price Levels
13.1.1 Creation of Price List
13.1.2 Using Price List
13.2 Revise Price List
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 14 Manufacturing Process

14.1 Introduction
14.2 Activating of Bill of Materials
14.3 Auto Listing of Components Using Bill of Materials
14.4 Accounting of Manufacturing Process in Tally.ERP 9
14.6 Transferring of Manufactured Goods from Storehouse to Showroom
14.5 Reports
14.5.1 Stock Journal Register
14.5.2 Transfer Analysis
14.5.3 Cost Estimation
14.5.4 Stock Ageing Analysis
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 15 Goods and Services Tax

15.1 Introduction to GST
15.2 Getting Started with GST (Goods)
15.3 Advance adjustments and Entries (Goods)
15.4 Getting Started with GST (Services)
15.5 Advance adjustments and Entries (Services)
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercise
Chapter 16 Tax Deducted at Source (TDS)

16.1 Introduction
16.3 TDS Process
16.10 Recording Transactions
16.10.1 Expenses Partly Subject to TDS
16.10.2 Booking Expenses and Deducting TDS Later
16.10.3 Accounting Multiple Expenses and Deducting TDS Later
16.10.4 Accounting for TDS on Advance Payments against Transport
16.10.5 TDS on Expenses at Lower Rate
16.10.6 TDS on Expenses at Zero Rate
16.10.7 Deducting TDS on Payments
16.10.8 Reversal of Expenses with TDS
16.10.9 Deducting TDS on Expenses with Inventory
16.10.10 Accounting TDS on Fixed Assets
16.10.11 Payment of TDS
16.11 TDS Reports
16.11.1 Challan Reconciliation
16.11.2 TDS Outstandings
16.11.3 E-Return
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 17 - Securing Financial Information
17.1 Introduction
17.2 Security Control
17.2.1 Activation of Security Control and Creation of Security Levels in Tally.ERP 9
17.2.2 Accessing the Company with Data Operator’s User Account
17.3 Password Policy
17.4 TallyVault Password
17.4.1 Activation of TallyVault in Tally.ERP 9
17.4.2 Configuration of TallyVault Password while Creating the Company
17.4.3 Configuration of TallyVault Password for Existing Company
17.4.4 Benefits of TallyVault Password
Conclusion
Key Takeaways
Practice Exercises
Chapter 18 Data Management and Financial Year End Process
18.1 Introduction
18.2 Backup and Restore
18.2.1 Backup of Data
18.2.2 Restoring Data from a Backup File
18.3 Export and Import of Data
18.3.1 Exporting and Importing of Data from One Company to Another in XML Format
18.3.2 Exporting of data in other available formats
18.4 E-Mailing in Tally.ERP 9
18.5 Printing Reports
18.6 Managing of Data during Financial Year End Process
18.6.1 Important Pre-Split Activity
18.6.2 Splitting of Data
Key Takeaways
Shortcut Key
Practice Exercises
Table of Content
Course Duration( hrs)
Introduction to GST 20
GST Using Tally.ERP 9 45
Financial Accounting Using Tally.ERP 9 40
TallyACE 60
TallyPRO 90
TallyGURU 120
CPFA 150
ACPFAT 300
Introduction to GST version 1 - 20 hours
S.No Chapter Number of hours
1 INTRODUCTION 1
2 WHAT IS GST? .5
3 REGISTRATION 1
4 SUPPLY OF GOODS AND SERVICES 1
5 TIME OF SUPPLY 1
6 VALUE OF SUPPLY 1
7 INVOICING 1
8 INPUT CREDIT MECHANISM 1
9 RETURNS 1
10 PAYMENT OF TAX 1
11 CONSEQUENCES OF NON-COMPLIANCE .5
12 ACCOUNTS AND OTHER RECORDS .5
13 TAX RATE STRUCTURE 1
14 REFUND OF TAX .5
15 TRANSITION TO GST 1
16 INPUT SERVICE DISTRIBUTOR(ISD) 1
17 JOB WORK 1
18 NON RESIDENT TAX PAYER .5
19 E-COMMERCE 1
20 COMPLIANCE RATING .5
21 TAX RETURN PREPARER 1
22 GSTN AND GSP 1
23 AUDIT .25
24 DEMANDS AND RECOVERY .25
25 APPEALS AND REVISION .25

26 LIABILITY TO PAY .25

Introduction to GST version 2 - 20 hours
1 INTRODUCTION .5
2 WHAT IS GST? .5
3 REGISTRATION .5
4 SUPPLY OF GOODS AND SERVICES 1
5 PLACE OF SUPPLY 1
6 TIME OF SUPPLY 1
7 VALUE OF SUPPLY 1
8 INVOICING 1
9 INPUT CREDIT MECHANISM 1
10 E-WAY BILLS 1
11 RETURNS 1
12 PAYMENT OF TAX 1
13 CONSEQUENCES OF NON-COMPLIANCE .5
14 ACCOUNTS AND OTHER RECORDS .5
15 TAX RATE STRUCTURE 1
16 REFUND OF TAX .5
17 TRANSITION TO GST 1
18 INPUT SERVICE DISTRIBUTOR(ISD) 1
19 JOB WORK .5
20 NON RESIDENT TAX PAYER .5
21 E-COMMERCE .5
22 COMPLIANCE RATING .5
23 GST PRACTITIONER(GSTP) 1
24 GSTN AND GSP 1
25 AUDIT .25
26 DEMANDS AND RECOVERY .25

27 APPEALS AND REVISION .25
28 LIABILITY TO PAY .25

GST Using Tally.ERP 9 Release 6.0 - 45 hours
Contents
1) Introduction to GST - 20 hours

Introduction
Old Taxation System
Current Taxation System – GST
Why GST was introduced in India?
Understanding GST Taxation System
Dual GST
Structure of GST
Taxes Subsumed under GST
Determination of Tax
Registration
GSTIN Structure
Businesses Liable to Register under GST
Mandatory Registration
Process of Registration under GST
Existing Registration
New Registration
New Registration as a Regular Dealer
Composition Tax Payer
Amendment, cancellation and renovation of registration
Supply of Goods and Services
Scope of Supply
Place of Supply
Determining the Place of Supply of Goods
Determining the Place of Supply of Services
Time of Supply
Value of Supply
Mixed Supply and Composition Supply
Mixed Supply
Composite Supply
Transition to GST
Registered Business
Availed Input Tax Credit
Unavailed CENVAT credit and Input VAT on capital goods
Availing the input credit held in closing stock
Invoicing
Tax Invoice
Bill of Supply
Credit Note, Debit Note and Supplementary Invoice
Transportation of goods without issue of Invoice
Input Credit Mechanism
Entitlement of Input Tax Credit
Non Entitlement of Input Tax Credit
Input Tax Credit Set Off
Input Tax Credit Claim
GST Returns
Regular Dealer
Composition Tax Payer
Payment of Tax
2) Getting Started with GST - 5 hours

Introduction
Enabling GST and Defining Tax Details
Transferring Input Tax credit to GST
Intrastate Supply of Goods
Intrastate Inward Supply
Intrastate Outward Supply
Interstate Supply
Interstate Inward Supply
Interstate Outward Supply
Return of Goods
Purchase Returns
Sales Returns
Supplies Inclusive of Tax
Defining Tax Rates at Master and Transaction Levels
Defining GST Rates at Stock Group Level
Defining GST Rates at Stock Group Level
Defining GST Rate at Transaction Level
Hierarchy of Applying Tax Rate Details
Reports
3) Recording Advanced Entries - 5 hours

Introduction
Accounting of GST Transactions
Purchases from Composition Dealer
Purchases from Unregistered Dealers
Exports
Imports
Exempted Goods
SEZ Sales
Advance Receipts and Payments
Conclusion
4) GST Adjustment and Return Filing - 5 hours

Mixed Supply and Composite Supply under GST
Mixed Supply of Goods
Composite Supply of Goods
GST Reports
Generating GSTR- Report in Tally.ERP 9
GST Tax Payment
Time line for payment of GST tax
Modes of Payment
Challan Reconciliation
Exporting GSTR- return and uploading in GST portal
5) Getting Started with GST (Services) - 4 hours
Introduction
Determination of supply of services
Determining the Place of Supply of Services
Enabling GST and Defining Tax Details
Transferring Input Tax credit to GST
Intrastate Supply of Goods
Intrastate Inward Supply
Intrastate Outward Supply
Interstate Supply
Interstate Outward Supply
Interstate Inward Supply
Interstate Outward Supply of Services
Cancellation of Services
Cancellation of Inward Supplies
Cancellation of Outward Supply of Services
Defining Tax Rates at Master and Transaction Levels
6) Recording Advanced Entries - 4 hours

Introduction
Accounting Multiple Services in a Single Supply
Recording Partial Payment to Suppliers
Outward Supplies
Recording Outward Supply with Additional Expenses
BC Supply of services (Business to consumers)
Time of Supply of Services
Place of Supply of Services
Determining place of supply of services
Exempt Supply of Services under GST
Export Supply of Services
Reverse Charge on Services under GST
Advance Receipts from Customers under GST
Advance Receipt and issuing Invoice on same month
Advance Receipt and issuing Invoice on different month
Reversal of GST on account of cancellation of advance receipt
7) Migration to Tally.ERP 9 Release 6.0 - 2 hours

Introduction
Migration to Tally.ERP 9 Release 6.0
Activate Goods and Services Tax (GST) in Tally.ERP 9
Set up GST rates
Update Masters
Update party GSTIN/UIN
Creation of GST Duty ledgers
Conclusion
Financial Accounting Using Tally.ERP 9 - 40 hours
Table of Content
Chapter 1 – Basics of Accountancy - 2 hours
Chapter 2 – Principles, Concepts and Conventions of Accounting - 2 hours
Chapter 3 – Recording Procedure in Accounting - 2 hours
Chapter 4- Bank Reconciliation - 2 hours
Chapter 5 – Preparation of Final Accounts - 2 hours
Chapter 6 – Concepts of Goods and Services Tax (GST) - 2 hours
Chapter 7 – Computerised Accounting Using Tally .ERP 9 With GST - 20 hours
Chapter 8 – Depreciation - 2 hours
Chapter 9 – Accounting for Joint Venture - 2 hours
Chapter 10 -Accounting for Consignment - 2 hours
Chapter 11 – Hire Purchase and Instalment - 1 hours
Chapter 12 Accounting for Inland Branches - 1 hours
TallyACE Release 6.0 - 60 hours
Chapter 1: Fundamentals of Accounting - 6 hours

1.1 Introduction
1.3.1 Assumptions
1.3.2 Concepts
1.3.3 Principles
1.6 The Golden Rules of Accounting
1.9 Ledger
1.10 Trial Balance
1.11.1 Cash Book
1.11.3 Purchase (Journal) Book
1.11.4 Purchases Return (Journal) Book
1.11.5 Sales (Journal) Book
1.11.6 Sales Return (Journal) Book
1.12.1 Trading and Pro"t & Loss Account
1.12.1.2 Pro!t & Loss Account
1.12.2.1 Types of Assets and Liabilities included in a Balance Sheet
Key Takeaways
Practice Exercises
Chapter 2: Maintaining Chart of Accounts in Tally.ERP - 4 hours
2.1 Introduction
2.1.2 Mouse/Keyboard Conventions
2.2.3 Alter Company Details
2.3.1 F11: Company Features
2.3.2 F12: Configuration
2.4.1 Ledger
2.4.2Group
2.5 Ledger Creation
2.5.3 Altering and Displaying Ledgers
2.6 Group Creation
2.7 Displaying Groups and Ledgers
2.7.1 Displaying Groups
2.7.2 Display of Ledgers
2.8 Deletion of Groups and Ledgers
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 3: Maintaining Stock Keeping Units (SKU) - 5 hours
3.1 Introduction
3.2 Inventory Masters in Tally.ERP 9
3.3.2 Creation of Units of Measure
3.3.5 Defining of Stock Opening Balance in Tally.ERP 9
3.3.6 Stock Category
3.4 Reports
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 4: Recording Day-to-Day Transactions in Tally.ERP 9 - 10 hours
4.1 Introduction
4.2.1 Source Document for Voucher
4.3.1 Receipt Voucher (F6)
4.3.2 Contra Voucher (F4)
4.3.3 Payment Voucher (F5)
4.3.4 Purchase Voucher (F9)
4.3.5 Sales Voucher (F8)
4.3.7 Credit Note (Ctrl+F8)
4.3.8 Journal Voucher (F7)
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 5: Accounts Receivable and Payable Management – 10 hours
5.1 Introduction
5.1.1 Accounts Payables and Receivables
5.3 Activation of Maintain Bill-wise Details Feature
5.4 New Reference
5.6 Advance
5.7 On Account
5.8 Stock Category Report
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 6: MIS Reports - 5 hours
6.1 Introduction
6.3 MIS Reports in Tally.ERP 9
6.3.1 Trial Balance
6.3.2 Balance Sheet
6.3.6 Books and Reports
6.3.6.1 Day Book
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 7: Goods and Services Tax (GST) - 15 hours

7.1 Introduction
7.2 Goods and Services tax (GST)
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 8: Recording Vouchers with TDS (Tax Deducted at Source) - 5 hours
8.1 Introduction
8.9 TDS Report
Key Takeaways
Shortcut Keys
Practice Exercises
TallyPRO Release 6.0 - 90 hours
S.no Chapter Hours
1 Fundamentals of Accounting 2
2 Journalising and Posting of Transaction 4
3 Maintaining Chart of Accounts in Tally.ERP 9 4
4 Fundamentals of Inventory Management 4
5 Stock Keeping Units 4
6 Recording Day to Day Transactions 4
7 Accounts Receivable and Payable Management 4
8 Banking 5
9 Allocation and Tracking of Expenses and Incomes 4
10 MIS Reports 4
11 Storage and Classifications of Inventory 4
12 Management of Purchase and Sales Cycles 4
13 Price Levels and Price Lists 5
14 Manufacturing Process 5
15 Goods and Services Tax 20
16 Tax Deducted at Source (TDS) 5
17 Securing Financial Information 3
18 Data Management and Financial Year End Process 5
Total Duration 90
TallyPRO Table of Content
1.1 Introduction
1.3.1 Assumptions
1.3.2 Concepts
1.3.3 Principles
Key Takeaways
Practice Exercises

2.1 Introduction
2.3 Ledger
2.4 Trial Balance
2.5.1 Cash Book
2.5.3 Purchase Book
2.5.5 Sales Book
2.6.2 Balance Sheet
Key Takeaways
Practice Exercises

3.1 Introduction
3.4.1 Ledger
3.4.2 Group
3.5 Ledger Creation
3.6 Group Creation
Key Takeaways
Shortcut Keys
Practice Exercises

4.1 Introduction
Conclusion
Practice Exercise

5.1 Introduction
Key Takeaways
Shortcut Keys
Practice Exercises
6.1 Introduction
6.3.5 Sales Voucher
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises

7.1 Introduction
7.5 New Reference
7.8 On Account
7.9 Credit Limit
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 8: Banking
8.1 Introduction
8.6 Deposit Slip
8.7 Payment Advice
8.9 Notional Bank
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

9.1 Introduction
9.2.3.1 Allocation of expenses to multiple cost centres and cost categories
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

10.1 Introduction
10.4.7.1 Day Book
Key Takeaways
Shortcut Keys
Practise Exercises

11.1 Introduction
11.3 Stock Category
Conclusion
Key Takeaways
Shortcut Keys

12.1 Introduction
12.8 Reorder Level
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises
13.0 Introduction
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

14.1 Introduction
14.5 Reports
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

Conclusion
Key Takeaways
Shortcut Keys
Practice Exercise

16.1 Introduction
16.3 TDS Process
16.11 TDS Reports
16.11.3 E-Return
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
17.1 Introduction
17.2.1 Activation of Security Control and Creation of Security Levels in Tally.ERP 9
Conclusion
Key Takeaways
Practice Exercises
18.1 Introduction
18.3.1 Exporting and Importing of Data from One Company to Another in XML Format
Key Takeaways
Shortcut Key
Practice Exercises
TallyGURU Release 6.0 - 120 hours

1.1 Introduction
1.3.1 Assumptions
1.3.2 Concepts
1.3.3 Principles
Key Takeaways
Practice Exercises

2.1 Introduction
2.3 Ledger
2.4 Trial Balance
2.5.1 Cash Book
2.5.3 Purchase Book
2.5.5 Sales Book
2.6.2 Balance Sheet
Key Takeaways
Practice Exercises

3.1 Introduction
3.4.1 Ledger
3.4.2 Group
3.5 Ledger Creation
3.6 Group Creation
Key Takeaways
Shortcut Keys
Practice Exercises

4.1 Introduction
Conclusion
Practice Exercise
5.1 Introduction
Key Takeaways
Shortcut Keys
Practice Exercises

6.1 Introduction
6.3.5 Sales Voucher
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises

7.1 Introduction
7.5 New Reference
7.8 On Account
7.9 Credit Limit
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises
Chapter 8: Banking
8.1 Introduction
8.6 Deposit Slip
8.7 Payment Advice
8.9 Notional Bank
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

9.1 Introduction
9.2.3.1 Allocation of expenses to multiple cost centres and cost
categories
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

10.1 Introduction
10.4.7.1 Day Book
Key Takeaways
Shortcut Keys
Practise Exercises

11.1 Introduction
11.3 Stock Category
Conclusion
Key Takeaways
Shortcut Keys

12.1 Introduction
12.8 Reorder Level
Conclusion
Key Takeaways
Shortcut Keys
Practise Exercises

13.0 Introduction
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

14.1 Introduction
14.5 Reports
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

Conclusion
Key Takeaways
Shortcut Keys
Practice Exercise

16.1 Introduction
16.3 TDS Process
16.11 TDS Reports
16.11.3 E-Return
Conclusion
Key Takeaways
Shortcut Keys
Practice Exercises

17.1 Introduction
17.2.1 Activation of Security Control and Creation of Security Levels in Tally.ERP
9
Conclusion
Key Takeaways
Practice Exercises

18.1 Introduction
18.3.1 Exporting and Importing of Data from One Company to Another in XML
Format
Key Takeaways
Shortcut Key
Practice Exercises
19 Goods and Services Tax

19.1 Introduction
19.2 Activate GST in Tally.ERP 9
19.3 Accounting of GST Transactions
19.3.1 Purchases from Unregistered Dealers
19.3.2 Imports
19.3.3 Advance Receipts and Payments
19.3.3.1 Accounting Advance Receipt and Sales Invoice in the same
month.
19.3.3.2 Advance receipt and sales invoice recorded in different
months
19.3.3.3 Reversal of GST on account of cancellation of advance
receipt
19.3.3.4 Accounting an advance payment for purchase of taxable
goods under reverse charge
19.4 Mixed Supply and Composite Supply under GST
19.4.1 Mixed Supply of Goods
19.4.2 Composite Supply of Goods
19.5 Accounting of Service Transactions
19.6 GST Reports
19.6.1 Generating GSTR-1 Report in Tally.ERP 9
19.6.2 Generating GSTR-2 Report in Tally.ERP 9
19.7 Input Tax Credit Set Off
19.8 GST Tax Payment
19.8.1 Time line for payment of GST tax
19.8.2 Modes of Payment
19.9 Exporting GSTR-1 return and uploading in GST portal.
20 Filing of TDS Returns

20.1 Introduction
20.2 TDS Reports
20.2.1 Form 26Q
20.3 Payment of TDS
20.4 E-Return
Key Takeaways
Shortcut Keys
Practise Exercises
21 Tax Collected at Source

21.1 Introduction
21.2 Basic Concepts of TCS
21.3 Configuring Tally.ERP 9 for TCS
21.3.1 Enabling TCS in Tally.ERP 9
21.4 Sales of TCS Goods at Lower Rate
21.5 Sales of TCS Goods at Nil Rate
21.6 TCS on Transfer of Right to Use
21.7 Payment of TCS
21.8 TCS Reports
21.8.1 Form 27EQ
21.8.2 Saving Form 27EQ
21.8.3 Return Transaction Book
Key Takeaways
Shortcut Keys
Practice Exercises
22 Job Costing
22.0 Introduction
22.0.1 Features of Job Costing
22.1 Enabling Job Costing
22.1.1 Creating Required Masters
22.1.2 Creating Ledgers for Job Costing
22.1.3 Recording of Job Costing Related Transactions
22.2 Job Costing Reports
22.2.1 Job Work Analysis Report
22.2.2 Materials Consumption Summary Report
22.2.3 Comparative Job Work Analysis Report
Key Takeaways
Shortcut Keys
Practice Exercises
23 Job Work
23.0 Introduction
23.1 Features of Job Order Processing in Tally.ERP 9
23.2 Configuring Job Order Processing in Tally.ERP 9
23.2.1 Company Setup
23.2.2 Enabling Job Order Processing
23.2.3 Voucher Type Setup
23.3 Job Order Processing
23.3.1 Job Work Out Order
23.3.2 Job Work In Order
23.4 Job Order Reports
23.4.1 Job Work Out Reports
Key Takeaways
Shortcut Keys
Practice Exercises
24 Tally Audit
24.0 Introduction
24.1 Enabling Tally Audit Features in Tally.ERP 9
24.1.1 Create User level security
24.1.2 Creation of Masters by Administrator
24.1.3 Recording of Transactions by the Users
24.2 Audit Listing for Voucher Types
24.2.1 Tally Audit Statistics for Masters
24.2.2 Audit Listing for Users
Key Takeaways
Shortcut Keys
Practice Exercises
25 TallyVault
25.0 Introduction
25.1 How to Configure TallyVault
25.1.3 Alteration/Change of TallyVault Password
25.2 Benefits of TallyVault
Key Takeaways
Practice Exercises
26 Synchronization
26.0 Introduction
26.0.1 Data Synchronisation in Tally.ERP 9
26.0.2 Difference between On-demand Synch and Online Synch
26.0.3 Features of On-Demand Synchronisation
26.1 On demand Synchronisation
26.1.1 Sync Status Messages
26.2 Online Synchronisation
26.2.1 Online Synchronisation using Tally.Net
26.3 Export Snapshot
26.4 Import Snapshot
26.5 Transaction Sync Summary Report
26.6 Status Report
26.7 Exceptions Report
Key Takeaways
Shortcut Keys
Practice Exercises
27 Multi-Lingual
27.0 Introduction
27.1 Operating System Requirement for Multi-lingual Support
27.2 Keyboard (Language) Configuration in Tally.ERP 9
27.3 Defining User Interface Language
Key Takeaways
Shortcut Keys
Practice Exercises
28 Control Centre
28.0 Introduction
28.1 Login to Control Centre
28.2 Control Centre for an Account
28.3 Licensing and Configuration
28.3.1 License and Configuration for Single Site
28.3.2 Licensing and Configuration for Multi-site
28.3.3 Creating Configuration Set for a Site
28.3.4 TDL Configuration Management
28.4 Jobs & Recruitment
28.5 Account Profile Management
28.5.1 Change Account Admin
28.5.2 Change Password
28.5.3 Change My Profile
28.5.4 My Sessions
28.6 User Management
28.7 Manage Data Sessions
28.8 Deploying Account TDLs
28.8.1 Unlink TDL Configuration
28.9 Support Centre
Key Takeaways
Shortcut Keys
Practice Exercises
29 SMS Query
29.0 Introduction
29.1 How to Configure SMS in Tally.ERP 9
Key Takeaways
Practice Exercises
30 Web Publishing
30.0 Introduction
Key Takeaways
Practice Exercises
31 Group Company
31.0 Introduction
31.1 Consolidation of the Final Reports by Creating a Group Company
31.2 How to check the Consolidated Reports in the Group Company
Key Takeaways
Shortcut Keys
Practice Exercise
32 Payroll
Introduction
32.1 Setup Payroll in Tally.ERP 9
32.1.1 Company Creation
32.1.2 Activation
32.2 Processing Basic Payroll in Tally.ERP 9
32.2.1 Employee Setup
32.2.2 Creation of Payroll Units
32.2.3 Attendance/Production Types
32.2.4 Creation of Pay Heads
32.2.5 Defining Salary Details for an Employee
32.2.6 Defining Salary Details for an Employee Group
32.2.7 Salary Processing
32.3 Payroll Reports
32.3.1 Statements of Payroll
32.3.2 Attendance Reports
32.3.3 Expat Reports
32.4 Payroll Statutory Deductions and Reports
32.4.1 Creating the Statutory Pay Heads
32.4.2 Define Salary Details
32.4.3 Process Salary
32.4.4 Payment of Salary
32.4.5 Payroll Statutory Reports
32.5 Income Tax
32.5.1 Employee Setup
32.5.2 Provide Income Tax Details
32.5.3 Process Income Tax
32.5.4 Process Salary
Key Takeaways
Shortcut Keys
Practice Exercises
TALLY FOR BEGINNERS
Contents
Part - A
Lesson 1: Basics of Accounting ........................................................................................1

1.1 Introduction ..........................................................................................................................1
1.2 Accounting Principles, Concepts and Conventions .............................................................1
1.2.1 Revenue Realisation ................................................................................................................... 2
1.2.2 Matching Concept ...................................................................................................................... 2
1.2.3 Accrual ....................................................................................................................................... 2
1.2.4 Going Concern ........................................................................................................................... 2
1.2.5 Accounting Period ...................................................................................................................... 2
1.2.6 Accounting Entity ....................................................................................................................... 3
1.2.7 Money Measurement .................................................................................................................. 3
1.3 Double Entry System of Book Keeping ...............................................................................3
1.3.1 Features of Double Entry System of Book Keeping ................................................................... 3
1.4 Types of Accounts ................................................................................................................4
1.4.1 Real Accounts ............................................................................................................................. 5
1.4.2 Personal Accounts ...................................................................................................................... 5
1.4.3 Nominal Accounts ...................................................................................................................... 5
1.5 Rules of Accounting .............................................................................................................6
1.6 Mode of Accounting .............................................................................................................6
1.6.1 Voucher ...................................................................................................................................... 6
1.6.2 Receipt ........................................................................................................................................ 7
1.6.3 Invoice or Bill ............................................................................................................................. 7
1.6.4 Journals and Ledgers ................................................................................................................. 7
1.6.5 Account ....................................................................................................................................... 7
1.6.6 Ledger ........................................................................................................................................ 7
1.7 Chart of Accounts .................................................................................................................7
1.7.1 Posting ....................................................................................................................................... 7
1.7.2 Accounting Period ...................................................................................................................... 8
1.7.3 Trial Balance .............................................................................................................................. 8
1.8 Financial Statements .............................................................................................................8
1.8.1 Trading Account ......................................................................................................................... 8
1.8.2 Profit and Loss Account ............................................................................................................. 8
1.8.3 Balance Sheet ............................................................................................................................. 9
1.9 Transactions ..........................................................................................................................9
1.9.1 Recording Transactions ........................................................................................................... 10
ii
Lesson 2: Business Organisations ..................................................................................13
2.1 Introduction ........................................................................................................................13
2.2 Forms of Business Organisation ........................................................................................13
2.2.1 Sole Proprietorship ..................................................................................................................13
2.2.2 Partnership ...............................................................................................................................14
2.2.3 Joint Hindu Family ...................................................................................................................14
2.2.4 Cooperative society ..................................................................................................................14
2.3 Classification of Business Organisation .............................................................................15
2.3.1 Trading Organisation ...............................................................................................................15
2.3.2 Service Organisations ..............................................................................................................15
2.3.3 Manufacturing Organisation ....................................................................................................15
Lesson 3: Accounting on Computers .............................................................................19

3.1 Introduction ........................................................................................................................19
3.2 Computerised Accounting ..................................................................................................19
3.2.1 Components of Computerised Accounting Software ................................................................20
3.2.2 Need for Computerised Accounting ..........................................................................................21
3.2.3 Requirements of a Computerised Accounting System ..............................................................21
3.2.4 Difference between Manual accounting and Computerised accounting ..................................22
Lesson 4: Tally.ERP 9 Fundamentals ...........................................................................25

4.1 Introduction ........................................................................................................................25
4.1.1 Salient Features of Tally.ERP 9 ...............................................................................................25
4.1.2 Technological Advantages ........................................................................................................27
4.2 Tally.ERP 9 Start-up ..........................................................................................................29
4.2.1 Mouse/ Keyboard Conventions .................................................................................................31
4.2.2 Switching between Screen Areas ..............................................................................................31
4.2.3 Quitting Tally.ERP 9 ................................................................................................................31
4.3 Setting up a Company in Tally.ERP 9 ...............................................................................32
4.3.1 Creating a Company .................................................................................................................32
4.3.2 Altering a Company ..................................................................................................................36
4.4 F11: Company Features .....................................................................................................37
4.4.1 F1: Accounting Features ..........................................................................................................39
4.4.2 F2: Inventory Features .............................................................................................................40
4.4.3 F3 : Statutory & Taxation ........................................................................................................41
4.4.4 F4: Tally.NET Features ............................................................................................................43
4.4.5 F5: Audit Features ...................................................................................................................44
4.4.6 F6: Add-On Features ...............................................................................................................45
4.5 F12: Configurations ...........................................................................................................45
4.5.1 General Configuration .............................................................................................................46
4.5.2 Numeric Symbols ......................................................................................................................47
4.5.3 Accts/ Inventory Configuration ................................................................................................48
ii
4.5.4 Voucher Entry Configuration ................................................................................................... 49
4.6 Setting up Account Heads ..................................................................................................50
4.6.1 Chart of Accounts ..................................................................................................................... 50
4.6.2 Pre-defined Groups of Accounts .............................................................................................. 51
4.7 Groups and Ledgers ............................................................................................................52
4.7.1 Groups ...................................................................................................................................... 52
4.7.2 Ledgers ..................................................................................................................................... 54
4.8 Voucher Types ...................................................................................................................58
4.8.1 Predefined Voucher Types in Tally.ERP 9 ............................................................................... 58
4.9 Accounting Vouchers .........................................................................................................60
4.9.1 Contra Voucher ........................................................................................................................ 60
4.9.2 Payment Voucher ..................................................................................................................... 61
4.9.3 Receipt Voucher ....................................................................................................................... 62
4.9.4 Journal Voucher ....................................................................................................................... 63
4.9.5 Sales Voucher ........................................................................................................................... 64
4.9.6 Purchase Voucher .................................................................................................................... 66
Part - B
Lesson 5: Introduction to Trading Organisations ........................................................73

5.1 Introduction ........................................................................................................................73
5.2 Nature of Trading Organisations ........................................................................................73
5.2.1 Accounting Cycle in Trading Organisations ........................................................................... 74
5.3 Difference between Trading and Service Organisations ....................................................74
5.4 Activities in a Trading Organisation ..................................................................................75
5.5 Accounting and Commercial Terms ...................................................................................75
5.5.1 Cash and Credit Purchases ...................................................................................................... 75
5.5.2 Cash and Credit Sales .............................................................................................................. 75
5.5.3 Returns / Allowances ................................................................................................................ 75
5.5.4 Purchase Returns ..................................................................................................................... 76
5.5.5 Sales Returns ............................................................................................................................ 77
5.5.6 Credit Period ............................................................................................................................ 77
5.5.7 Trade Discount and Cash Discount ......................................................................................... 77
5.5.8 Bills of Exchange ..................................................................................................................... 78
5.5.9 Price Levels .............................................................................................................................. 79
5.5.10 Cost of Goods Available for Sale ........................................................................................... 79
iiiiii
5.5.11 Cost of Goods Sold .................................................................................................................79
5.5.12 Gross Profit ............................................................................................................................79
5.5.13 Operating Expenses ................................................................................................................80
5.5.14 Operating Profit (PBIT) ......................................................................................................... 80
5.5.15 Net Profit ................................................................................................................................80
5.6 Meaning of Inventory ......................................................................................................... 80
5.6.1 Types of Inventory ....................................................................................................................81
5.6.2 Cost of Inventory ......................................................................................................................81
5.6.3 Costs of Purchase .....................................................................................................................81
5.7 Inventory Valuation ........................................................................................................... 81
5.7.1 FIFO (First In First Out) ......................................................................................................... 81
5.7.2 LIFO (Last in First Out) ........................................................................................................... 81
5.7.3 Weighted Average Cost ............................................................................................................ 82
5.7.4 Standard Cost ...........................................................................................................................82
5.8 Inventory Systems .............................................................................................................. 83
5.8.1 Quantity vs Value Records ....................................................................................................... 83
5.8.2 Perpetual Inventory System ...................................................................................................... 83
5.8.3 Periodic Inventory System ........................................................................................................ 83
5.9 Determining Inventory Levels ........................................................................................... 83
Lesson 6: Accounting for Trading Organisations ........................................................ 87

6.1 Introduction ........................................................................................................................87
6.2 Setting up a New Company in Tally.ERP 9 ....................................................................... 87
6.2.1 Create Company .......................................................................................................................87
6.2.2 Enabling Value Added Tax (VAT) ............................................................................................ 89
6.3 Recording Transactions for Trading Organisation ............................................................. 92
Lesson 7: Generating & Printing Reports in Tally.ERP 9 ........................................ 201

7.1 Introduction ......................................................................................................................201
7.2 Financial Statements ........................................................................................................ 202
7.2.1 Balance Sheet .........................................................................................................................202
7.2.2 Profit and Loss A/c .................................................................................................................205
7.2.3 Trial Balance ..........................................................................................................................206
7.3 Accounting Books & Registers ........................................................................................ 207
7.3.1 Cash Book ..............................................................................................................................208
7.3.2 Bank Book ...............................................................................................................................209
7.3.3 Purchase Register ...................................................................................................................211
7.3.4 Sales Register .........................................................................................................................213
7.3.5 Journal Register .....................................................................................................................215
7.3.6 Debit Note Register ................................................................................................................216
7.3.7 Credit Note Register ...............................................................................................................217
7.3.8 Day Book ................................................................................................................................218
iv
7.4 Inventory Books & Reports ..............................................................................................219
7.4.1 Stock Summary ....................................................................................................................... 219
7.4.2 Stock Item Summary ............................................................................................................... 220
7.4.3 Stock Group Summary ........................................................................................................... 221
7.4.4 Batch Vouchers ...................................................................................................................... 222
7.4.5 Sales Order Book ................................................................................................................... 223
7.4.6 Purchase Order Book ............................................................................................................. 224
7.4.7 Stock Transfer Register .......................................................................................................... 225
7.4.8 Movement analysis ................................................................................................................. 227
7.4.9 Stock Ageing Analysis ............................................................................................................ 229
7.4.10 Stock Valuation Methods ..................................................................................................... 229
7.4.11 Physical Stock Register ........................................................................................................ 231
7.5 Statements of Accounts ....................................................................................................232
7.5.1 Bills Receivable ...................................................................................................................... 233
7.5.2 Bills Payable .......................................................................................................................... 235
7.5.3 Cost Centre Reports ............................................................................................................... 236
7.5.4 Interest Calculation Reports .................................................................................................. 239
7.5.5 Statistics ................................................................................................................................. 242
7.6 Statements of Inventory ....................................................................................................243
7.6.1 Godown Summary .................................................................................................................. 243
7.6.2 Stock Categories .................................................................................................................... 244
7.6.3 Stock Query ............................................................................................................................ 245
7.6.4 Sales Order Outstandings ...................................................................................................... 248
7.6.5 Purchase Order Outstandings ............................................................................................... 252
7.6.6 Purchase Bills Pending .......................................................................................................... 254
7.6.7 Sales Bills Pending ................................................................................................................. 255
7.7 MIS Reports in Tally.ERP 9 .............................................................................................257
7.7.1 Cash Flow Statement ............................................................................................................. 257
7.7.2 Funds Flow Statement ............................................................................................................ 258
7.7.3 Ratio Analysis ........................................................................................................................ 259
7.8 Budgeting & Controls ......................................................................................................260
7.9 Scenario Management ......................................................................................................263
7.10 Bank Reconciliation Statement ......................................................................................268
7.11 Exception Reports ..........................................................................................................272
7.12 Printing Reports ..............................................................................................................274
7.12.1 Display and Print ................................................................................................................. 274
7.12.2 Multi-Account Printing ........................................................................................................ 275
7.12.3 Type of Print Configuration Options ................................................................................... 275
7.12.4 Print Format ........................................................................................................................ 276
Lesson 8: Generating Statutory Reports in Tally.ERP 9 ...........................................279

8.1 Introduction ......................................................................................................................279
vv
8.2 Value Added Tax (VAT) Reports .................................................................................... 279
8.2.1 VAT Computation ...................................................................................................................279
8.2.2 VAT Forms ..............................................................................................................................280
8.2.3 eVAT Returns ..........................................................................................................................285
8.2.4 VAT Commodity ......................................................................................................................286
8.2.5 VAT Register ...........................................................................................................................286
8.3 Central Sales Tax (CST) Reports ..................................................................................... 288
8.3.1 Forms Receivable ...................................................................................................................289
8.3.2 Forms Issuable .......................................................................................................................290
8.3.3 CST Register ...........................................................................................................................291
8.3.4 ECST Forms ...........................................................................................................................294
8.4 Tax Deducted at Source (TDS) Reports ........................................................................... 294
8.4.1 TDS Computation Report ....................................................................................................... 295
8.4.2 Challan Reconciliation ........................................................................................................... 296
8.4.3 TDS Returns ............................................................................................................................297
8.4.4 eTDS Returns ..........................................................................................................................303
8.4.5 TDS Outstandings Reports ..................................................................................................... 308
8.4.6 TDS Exception Reports ........................................................................................................... 310
Part - C
Lesson 9: Introduction to Service Organisations .......................................................315

9.1 Introduction ......................................................................................................................315
9.2 Service Organisations ....................................................................................................... 315
9.2.1 Nature of Service Organisations ............................................................................................ 315
9.2.2 Activities in Service Organisations ........................................................................................316
9.3 Tally.ERP 9’s Capability for Service Organisations ........................................................ 317
Lesson 10: Accounting for Service Organisations ......................................................319

10.1 Introduction ....................................................................................................................319
10.2 Setting up a New Company in Tally.ERP 9 ................................................................... 319
10.2.1 Create Company ...................................................................................................................319
10.2.2 Enabling Service Tax ...........................................................................................................321
10.2.3 Creating Service Masters ..................................................................................................... 324
10.3 Recording Transactions for Service Organisation ......................................................... 325
vi
vi
Lesson 11: Generating & Printing Reports in Tally.ERP 9 ......................................367
11.1 Introduction ....................................................................................................................367
11.2 Financial Statements .......................................................................................................367
11.2.1 Balance Sheet ....................................................................................................................... 368
11.2.2 Profit and Loss A/c .............................................................................................................. 369
11.2.3 Trial Balance ....................................................................................................................... 370
11.3 Accounting Books & Registers ......................................................................................371
11.3.1 Cash Book ........................................................................................................................... 371
11.3.2 Bank Book ............................................................................................................................ 373
11.3.3 Purchase Register ................................................................................................................ 374
11.3.4 Sales Register ....................................................................................................................... 376
11.3.5 Journal Register ................................................................................................................... 378
11.3.6 Day Book .............................................................................................................................. 378
11.4 Statements of Accounts ..................................................................................................380
11.4.1 Bills Receivable .................................................................................................................... 380
11.4.2 Bills Payable ........................................................................................................................ 380
11.4.3 Statistics ............................................................................................................................... 381
11.5 MIS Reports in Tally.ERP 9 ...........................................................................................381
11.5.1 Cash Flow Statement ........................................................................................................... 382
11.5.2 Fund Flow Statement ........................................................................................................... 382
11.5.3 Ratio Analysis ...................................................................................................................... 383
11.6 Exception Reports ..........................................................................................................384
11.7 Printing Reports ..............................................................................................................385
11.7.1 Display and Print ................................................................................................................. 385
11.7.2 Multi-Account Printing ........................................................................................................ 385
11.7.3 Type of Print Configuration Options ................................................................................... 385
Lesson 12: Generating Statutory Reports in Tally.ERP 9 .........................................389

12.1 Introduction ....................................................................................................................389
12.2 Service Tax Computation ...............................................................................................390
12.3 Service Tax Payables ......................................................................................................391
12.3.1 Bill Date wise ....................................................................................................................... 392
12.3.2 Realisation Date wise .......................................................................................................... 394
12.4 Input Credit Summary ....................................................................................................396
12.5 ST - 3 Returns .................................................................................................................400
12.6 E-filing ............................................................................................................................407
12.7 Exception Reports .........................................................................................................407
vii
vii
Tally Fees Structure
Course Duration Fees {Including GST }
Modular Course
with book / certificate 2 Month 5000
1. Tally ACE
Only Certificate 2 Month 4000
with book / certificate 4 Month 10000
2. Tally PRO
Only Certificate 4 Month 9000
3.Tally Guru Only Certificate 5 Month 12000
GST Using Tally ERP 9 with book / certificate 1 month 5000
Only Certificate 1 month 4000

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TallyACE Release 6.

Chapter 1: Fundamentals of Accounting - 6 hours

Chapter 2: Maintaining Chart of Accounts in Tally.ERP - 4 hours

Chapter 3: Maintaining Stock Keeping Units (SKU) - 5 hours

Chapter 4: Recording Day-to-Day Transactions in Tally.ERP 9 - 10 hours

Chapter 5: Accounts Receivable and Payable Management – 10 hours

Chapter 6: MIS Reports - 5 hours

Chapter 7: Goods and Services Tax (GST) - 15 hours

Chapter 8: Recording Vouchers with TDS (Tax Deducted at Source) - 5 hours

2 Journalising and Posting of Transaction 4

3 Maintaining Chart of Accounts in Tally.ERP 9 4

4 Fundamentals of Inventory Management 4

5 Stock Keeping Units 4

6 Recording Day to Day Transactions 4

7 Accounts Receivable and Payable Management 4

9 Allocation and Tracking of Expenses and Incomes 4

11 Storage and Classifications of Inventory 4

12 Management of Purchase and Sales Cycles 4

13 Price Levels and Price Lists 5

15 Goods and Services Tax 20

16 Tax Deducted at Source (TDS) 5

17 Securing Financial Information 3

18 Data Management and Financial Year End Process 5

Chapter 2: Journalising and Posting of Transaction

Chapter 3: Maintaining Chart of Accounts in Tally.ERP 9

Chapter 4: Fundamentals of Inventory Management

Chapter 5: Stock Keeping Units

Chapter 7: Accounts Receivable and Payable Management

Chapter 9: Allocation and Tracking of Expenses and Incomes

Chapter 10: MIS Reports

Chapter 11 Storage and Classification of Inventory

Chapter 12 Management of Purchase and Sales Cycles

Chapter 14 Manufacturing Process

Chapter 15 Goods and Services Tax

Chapter 16 Tax Deducted at Source (TDS)

GST Using Tally.ERP 9 45

Financial Accounting Using Tally.ERP 9 40

4 SUPPLY OF GOODS AND SERVICES 1

8 INPUT CREDIT MECHANISM 1

12 ACCOUNTS AND OTHER RECORDS .5

13 TAX RATE STRUCTURE 1

16 INPUT SERVICE DISTRIBUTOR(ISD) 1

18 NON RESIDENT TAX PAYER .5

21 TAX RETURN PREPARER 1

22 GSTN AND GSP 1

24 DEMANDS AND RECOVERY .25

25 APPEALS AND REVISION .25

26 LIABILITY TO PAY .25

4 SUPPLY OF GOODS AND SERVICES 1

9 INPUT CREDIT MECHANISM 1

14 ACCOUNTS AND OTHER RECORDS .5

15 TAX RATE STRUCTURE 1

18 INPUT SERVICE DISTRIBUTOR(ISD) 1

20 NON RESIDENT TAX PAYER .5

24 GSTN AND GSP 1

26 DEMANDS AND RECOVERY .25

27 APPEALS AND REVISION .25

28 LIABILITY TO PAY .25

1) Introduction to GST - 20 hours

2) Getting Started with GST - 5 hours

3) Recording Advanced Entries - 5 hours

4) GST Adjustment and Return Filing - 5 hours

5) Getting Started with GST (Services) - 4 hours