• To provide fundamental knowledge of computerized accounting using Tally software
• To develop practical skills in recording, processing, and reporting financial transactions
• To enable learners to manage business accounts efficiently using Tally
• To introduce taxation concepts including GST/VAT within Tally
• To prepare learners for entry-level accounting and bookkeeping roles

Upon completion, learners will be able to:

1. Understand the fundamentals of accounting principles and concepts
2. Create and manage company accounts in Tally
3. Record accounting transactions using vouchers
4. Prepare financial statements such as Profit & Loss Account and Balance Sheet
5. Manage inventory, payroll, and taxation (GST/VAT) in Tally
6. Generate and interpret accounting reports for decision-making
7. Apply data security and backup procedures in Tally

Module 1: Fundamentals of Accounting and Tally

• Introduction to accounting principles (double-entry system)
• Types of accounts and golden rules of accounting
• Introduction to computerized accounting
• Overview of Tally ERP / Tally Prime interface
• Company creation, alteration, and deletion
• Chart of accounts: groups and ledgers

Module 2: Recording Transactions in Tally

• Accounting vouchers: payment, receipt, contra, journal
• Sales and purchase vouchers
• Debit note and credit note
• Bank reconciliation statement (BRS)
• Bill-wise details and tracking outstanding payments
• Practical exercises on transaction recording

Module 3: Inventory Management

• Introduction to inventory concepts
• Stock groups, categories, and units of measure
• Stock items and inventory vouchers
• Purchase and sales order processing
• Godown (warehouse) management
• Stock valuation methods and reports

Module 4: Taxation and Payroll in Tally

• Introduction to GST/VAT concepts
• GST setup in Tally (rates, classifications)
• Recording GST transactions (input/output tax)
• Generating GST reports and returns
• Payroll management: employee creation, salary structure
• Attendance and payroll processing

Module 5: Financial Reporting, Security, and Practical Applications

• Preparation of financial statements (P&L, Balance Sheet)
• Cash flow and fund flow statements
• Ratio analysis and MIS reports
• Data backup and restore
• Security control and user roles in Tally
• Case studies and real-world business scenarios
• Final project/practical assignment

Project