
Learn the basics of tally erp by launching the software, creating a company, and using backup, restore, and quit options, with easy keyboard shortcuts for quick login.
Create a new company in Tally named entities, set Delhi, enable accounts with inventory, and establish the opening trial balance from manual records.
Learn the erp interface by exploring masters for ledgers, customers, vendors, and items, then transactions for sales, purchases, receipts, and orders, and review key reports and display options.
Enter ledgers in Tally using single ledger creation mode, manage opening balances and control accounts while applying nature of accounts and the chart of accounts structure.
Enter ledgers using the multiple ledgers option to save time. Record opening balances and accumulated depreciation for fixed assets, including land, buildings, and motor vehicles, noting debit and credit rules.
Learn how to check existing ledgers in alter mode, then enter and balance new ledgers—land, buildings, motor vehicle, machinery, cash, bank accounts, equity, and accrued expenses.
Enter customer and supplier opening balances to update the control account, then verify the trial balance and ensure accounts receivable and accounts payable reflect all party balances.
Master inventory creation and opening balances in Tally by grouping stock items under major categories like car parts, and verifying totals against the opening trial balance.
Learn to record a cash purchase of furniture as a fixed asset in Tally using the payment voucher, including creating the fixed asset ledger and entering date, narration, and amount.
Recognize prepaid rent as a current asset and expense it monthly as benefits are consumed. Record cash paid and create an advance rent ledger in tally.
Record the January 2018 security deposit as deposits and assets (other assets) in tally, set the date, create the account, and view or edit entries using debug and period filters.
Learn how to record paint and renovation expenses as an indirect expense in Tally by using cash payments, accounting vouchers, and the indirect expense category for a shop maintenance scenario.
Book a cash receipt against a customer's opening balance in tally erp 9 and tally prime, selecting on account for 40,000 from Mubarak, illustrating opening balance handling and narration.
Learn to enter purchase invoices on credit in Tally ERP 9 and Tally Prime, creating the purchases ledger, selecting vendor Mr. Daniel, and recording trading car parts with stock updates.
Create a purchase invoice for a new vendor in Tally ERP 9, entering date, reference, party name, and item details with purchase ledger selection and bill by bill, inventory impact.
Learn to enter a cash sale in Tally: set cash as party, record an item at 15,000, update the sales ledger and inventory, dated 11 January 2018.
Record cash in advance from a customer against a future sales order using a receipt, mark it as advance, enter a reference number and narration, and save.
Learn how to enter and enable sales orders in tally using inventory vouchers, set due dates and item quantities, noting that sales orders are non accounting documents before invoicing.
Enter direct sales in tally without a sales order for Bashir, including Corolla Windscreen, Civic headlights, Suzuki Filters. Use account vouchers, sales ledger, and invoice entry with date and narration.
Learn to manage purchase orders in Tally using templates, enable features, enter parties, item details, due dates, quantities, and narrations, and post to the correct book.
Learn to handle bad debts in tally erp 9 and tally prime by recording a 60,000 bad debt as an indirect expense, reducing receivables, and posting a journal entry.
Record a service purchase in tally by converting the invoice from item to service, creating a new party, and posting packing charges as a direct expense under accounts payable.
Learn to process partial payments of purchase invoices in Tally ERP 9 and Tally Prime, selecting bank and vendor, and settling 30,000 against a 45,000 invoice.
Learn to convert a sales order to a sales invoice in Tally, selecting the order, adjusting the date and rate, and generating an item invoice from the delivered items.
Explore processing purchase returns in Tally by issuing debit notes, converting voucher templates to invoices, and recording a sample return of ten windscreens at 12,000 per unit.
Learn to process a sales return in tally by converting a credit note to an invoice, selecting the customer and sales ledger, and recording date, 47,008, and narration.
Execute a cash receipt to settle a customer's full account in tally erp 9, clearing the pending invoice and the opening balance in one payment.
Convert a purchase order to a purchase invoice in Tally, ensuring the invoice date is later than the order date and that all items have been delivered before saving.
Learn how to record abnormal losses in tally when inventory is damaged, distinguishing normal vs abnormal loss, by journal entry and stock adjustment as an expense.
Adjust January rent by recognizing one month of rent as expense and reducing advance rent by 5000, leaving a remaining balance of 25000; create the rent expense ledger entry.
Learn to extract the trial balance report from tally erp 9 and tally prime, view detailed ledger balances, and export to excel or pdf with opening and closing balances.
Learn to access and view profit and loss account in T account and vertical formats, customize with vertical profit loss, and export to Excel or PDF for printing and reconciliation.
Convert the balance sheet to a vertical statement with percentages, view assets above liabilities, and extract ledgers for accounts receivable, bank accounts, and cash for reconciliation.
Learn to customize reports in Tally ERP by splitting trial balance and profit and loss into daily columns and filtering daybook entries with alt+f12 by voucher type, narration, and amounts.
Explore the Ravi Textile Mills manufacturing assignment, modeling shirt and pants production from market cloth using a bill of materials to automatically allocate raw materials and track opening balances.
Create a new manufacturing company in Tally, set up the company, enter opening balances, and create ledgers to begin computerized accounting. Set fiscal year, base currency, and security controls.
Enter opening ledgers and balances in tally by creating new ledgers, then input bank, cash, asset, liability, and equity balances for Ravi textile mills on 1 January 2019.
Enter customer and vendor opening balances as accounts receivable and accounts payable, link to control accounts, and verify updates in the trial balance before proceeding to inventory balances.
Enter inventory opening balances for raw materials in tally, define units of measure, input opening quantities and costs, and reconcile with the control account and trial balance.
Learn to create finished goods and configure a bill of materials. Define shirt and pants components (cloth, book, thread, buttons) so production auto-deduct raw materials into finished goods.
Learn how to record accrued expenses paid by cash in Tally, using payment vouchers, journal entries, and cash ledgers to clear payables.
Place a purchase order in Tally ERP using inventory vouchers, enabling purchase and sales orders, for cloth B from Sitara Textiles with date and inventory impact.
Convert a purchase order into a purchase invoice in Tally ERP 9 and Tally Prime, by selecting pending order, converting batches, adjusting quantities, and finalizing with control A and B.
Record a direct purchase of multiple items in one invoice without a purchase order, create or select a vendor in accounts payable, and ensure inventory value is unaffected.
learn how to enter a finished goods sales order without stock in tally erp 9 and tally prime, managing negative stock and bulk manufacturing timelines.
Record a cash withdrawal from the bank for office use by posting a journal entry (cash debited, bank credited) on January 6, 2019 after enabling cash accounts in general ledger.
Learn to record cash received from customers in Delhi, select the cash account, enter the amount and narration, verify opening balance with no invoices, and save.
Enter customer receipts in Tally ERP, recording cash received and updating the total balance. Verify references against invoices to clear the opening balance.
Learn to process service invoices on credit in tally erp by converting to accounting invoices, applying vendor credit terms, and posting to the cost of sales ledger and direct expense.
Record a cash payment for a one-time service from a temporary vendor via payments, without adding the vendor to the list, and note 5,000 in the narration.
Learn to record customer advances in a sales order by creating an alternate customer, posting a cash receipt as advance in accounts receivable, without affecting inventory.
Demonstrates entering a customer sales order for finished goods in tally, including order date, due date, item quantity, total, and narration via an inventory voucher.
Record traveling expenses paid by bank cheque from MKB Bank in Tally ERP 9 and Tally Prime, using indirect expenses and the payments area, with narration for easy search.
Learn to manage repair and maintenance expenses in Tally ERP 9 and Tally Prime, from basic to advanced techniques for accurate recording and reporting.
Record cash purchases of motor vehicles in tally erp by creating a motor vehicles asset account and processing cash payments through the MKB bank as a fixed asset.
Enable production in tally via the manufacturing journal to assemble shirts from the recipe, auto-pick components, and adjust quantities and rates for custom orders, including per-unit dyeing charges.
Produce finished goods assemblies by recording and confirming quantities for church, bench, and shirts in the stock channel, aligned with tally erp 9 and tally prime.
Learn how to record bad debts in a manufacturing company using tally, including creating a bad debt journal entry, settling on account or against reference, and adding narration.
Convert a sales order to a sales invoice in Tally ERP 9, selecting the order, correcting the date, and switching from accounting to item invoice template.
Enter direct sales in Tally by recording a sale to Riaz and Sons with no order reference, 500 shirts at 400 each totaling 200,000, and adjust the skip date settings.
Convert a sales order to a sales invoice by selecting the pending order, updating the invoice date, and adjusting delivered quantities (2800 of 3000 shirts) and related narration.
Record cash receipts from customers against pending bills in tally, set the date, select cash, and allocate the payment against the opening balance and the reference.
Process partial vendor payments in Tally erp 9 and tally prime by recording bank payments, setting references, and settling opening balances against vendor accounts with narration.
Record cash payments for fixed assets and liabilities in tally by creating an office equipment asset and clearing loan payables with cash.
Learn to process a purchase return in tally using a debit note, enable debit and credit notes, and convert vouchers to invoices with the f9 shortcut.
Learn how to process a sales return by creating a credit note in Tally, using the debit and credit note options and the voucher entry template.
Create a cash payment entry for a one-time service, record a new ledger, and classify it as a direct expense without a vendor.
Record personal cash withdrawals as drawings via a journal entry, debiting drawings and crediting cash, and enable cash accounts in configuration to show cash in journals.
Record abnormal inventory loss in Tally ERP 9 with a journal entry, creating a loss of inventory as indirect expenses for 500 units at one per unit.
Transfer of utility bills to accrued expenses results in January expenses debited to electricity, rent, salary and wages, and telephone bills, with a single journal entry crediting accrued expenses.
Extract the full trial balance from the display screen to view ledgers and balances, then export to Excel for period-specific reconciliation.
Learn to customize and view detailed trial balances, profit or loss, and balance sheets in Tally ERP, using auto column and vendor ledgers to audit, reconcile, and hand over accounts.
Back up a company by closing it, selecting backup, and choosing a destination drive and folder, using Ravi Textiles as an example for multiple company backups and restore in Delhi.
Master restoring a backup copy in tally erp by selecting restore, sourcing from the edeli backup, and confirming; you can restore on another pc even without the original company.
Delete a company in tally erp 9 and tally prime using two methods: delete within the deli or remove the backend data folder after noting the serial number.
Learn how to reconcile supplier accounts with company records, verify ledgers against supplier statements, and prepare payment vouchers with proper narration and supporting documents.
Learn to manage stock across multiple go-down locations in Tally ERP by enabling multiple godowns, creating locations, recording purchases and sales, and viewing per go-down and total stock reports.
Enable standard rates for stock items in Tally to set date-based cost slabs, ensuring sales prices automatically reflect updated rates for purchases and sales.
Learn to customize VAT reports into a columnar format to view purchase invoices with voucher details, quantities, rates, and VAT-separated totals, then export to Excel.
Master staff advances with cost centers in Tally ERP 9 and Tally Prime, creating per employee ledgers and salary deductions for clear category summaries and final reports.
Learn to set up a payroll in Tally, create a new company, define pay heads, attendance, advances, and tax calculations, and generate payslips.
Configure user access rights in Tally by logging in as admin, creating security controls, and assigning data entry or other security levels to restrict access to accounts, vouchers, and ledgers.
Enable multiple currencies in the accounting features, create the dollar currency with symbol and decimals, set exchange rates, and record a base transaction to illustrate forex gains or losses.
Learn how to configure and preview sales invoice prints in Tally, including titles, company details, date ranges, page numbers, print formats, printer choices, and saving as pdf.
Learn to use statistics reports in Tally ERP 9 and Tally Prime to analyze statement of accounts, vouchers, journals, ledgers, currencies, and cost categories for audit insights.
Set and monitor a reorder level to maintain buffer stock and prevent stockouts; understand net availability as sold, purchased, and purchase order quantities influence stock.
Export masters to an XML file and import into a new tally company, combining opening balances with ledger names to reflect the trial balance.
Explore setting price levels and quantity-based discounts in sales invoices using tally, enabling separate discount columns, configuring wholesale and retail levels, and applying tiered discounts from specified ranges.
Download and install Tally Prime on your laptop from the Tele Solutions website, and configure the setup to auto-detect the country and the company data path (default country Pakistan).
Create a new company in Tally by entering the name and basic details, set the financial year, enable features like accounting, inventory, payroll, and alter details as needed.
Discover how Tally displays shortcut keys on the gateway screen with letters like C for create and B for balance sheet, and dash or double-dash keys for alt and control.
Learn to create a new company in Tally Prime, record journals and ledgers, and generate trial balance, balance sheet, and income statement, then compare reports with manual Excel records.
Create and configure a new company in Tally ERP 9 and Tally Prime, using MZ Smith and Co Private Ltd, setting base currency, financial year start date, and short keys.
Record the owner's cash investment using a receipt voucher in tally erp 9, creating the capital ledger and linking cash and capital accounts to reflect the initial investment.
Learn how to record a contra entry in Tally Prime to move cash to bank using double entry, selecting cash and bank ledgers, and recording narration.
Learn to pay a purchase invoice in cash and settle it against reference in tally erp 9 and tally prime, with advance against reference, new reference, and on account options.
Enter a land purchase of 60,000 as a cash payment in Tally, classed under fixed assets, using a voucher entry on 1st August.
Enter the sales invoice as a voucher for 95,000, debiting swati as receivable and crediting sales, with September date, and if item details unknown, use general voucher mode.
Record salaries in tally by creating a salaries ledger under indirect expenses, posting a cash payment of 3500 on October 1, and reviewing entries through period reports.
Record rent received in cash using a receipt voucher, selecting cash and rent as indirect income under single-entry mode with narration and November date for 5500.
learn how to record a general purchase invoice in tally erp 9 and tally prime, including date, invoice number, party name, credit to supplier, and debit to purchases.
learn how to extract key financial reports in Tally, including trial balance, balance sheet, and income statement, and verify them against manual ledgers.
Learn to alter and edit ledgers, groups, and transactions in Tally ERP 9 and Tally Prime, including renaming ledgers and groups, changing ledger nature, and editing vouchers and narration.
Select a report in Tally, press alt+p to print, and choose current or other reports; configure options like percentages, zero balances, and two-column layouts, preview, then print.
Learn to set up a new company in Tally and enter opening balances for capital and land and building as of 1st April 2020, producing a trial balance.
Learn to create multiple opening balance ledgers in Tally ERP using multi create, set opening balances for expenses and income, and adjust sales and sales return entries.
Enter opening balances by creating ledgers with multi ledger feature in Tally. Learn how debit and credit entries shape accounts and prepare reports such as trial balance and balance sheet.
Extract important reports in Tally, including trial balance, balance sheet, and profit and loss, with ledger details and a vertical view to verify gross and net profits.
Learn to edit ledgers in Tally Prime by using single-ledger alteration to change names, amounts, or nature, and apply multi-alter to convert multiple ledgers from indirect to direct expenses.
Create a new Hashim Private Limited company in Tally, enter opening balances for ledgers, set up sundry creditors and debtors with control accounts, and prepare the 2019-2020 trial balance.
Enter opening balances by creating all ledgers with multi create under chart of accounts, then assign capital, cash, fixed assets, bank accounts, current assets, current liabilities, and sundry creditors/debtors.
Enter cash payments for telephone expenses with vouchers and create the telephone expenses ledger. Record commission received of ₹30,000 as direct income in a double-entry mode with cash in hand.
Review how to record supplier transactions in tally erp 9 and tally prime, including partial settlement of a 30,000 bill and a 50,000 purchase with laptop stock item and voucher.
Demonstrates recording a contra entry in Tally Prime, transferring 10,000 from bank to cash in hand in double-entry mode, and deleting the cash ledger afterward.
Record a cash wage payment of ₹1500 in a tally voucher, create a wages expense account under direct expenses, and set narration paid wages of rupees 1500.
Record credit sales in tally prime using voucher mode for double entry, create a receivable under sundry debtors, and post a 90,000 bill with 25 days terms.
Learn to process purchase returns in tally erp 9 and tally prime by creating a debit note for returned items, settling against the original pending bill, and saving with narration.
Practice recording rent income in tally by creating a rent received ledger under indirect incomes, debiting cash and crediting rent received via a double-entry voucher on 1 November 2019.
Record salary payments and other transactions with vouchers, debit the salary and indirect expenses, credit cash or bank, then generate trial balance, gross profit, net profit, and balance sheet reports.
Explore the bank reconciliation statement concepts, its purpose, and how to reconcile in Tally Prime, including outstanding checks, deposits in transit, bank charges, and dishonored checks.
Explore a practical bank reconciliation scenario in tally prime, matching bank statements with company records for April transactions, including direct cash deposits and debits, and preparing to create the company.
Create a new company in tele prime software, set the financial year, then use multi ledger creation to record opening balances for capital, cash, bank, and debtors.
Learn to perform bank reconciliation by entering all transactions, matching them with the bank statement, and resolving balance differences.
Record all April transactions in Tally Prime by creating payment and receipt vouchers, posting to ledgers, and tracking cheque numbers, narration, and control totals.
Learn how to perform bank reconciliation by comparing bank statements with company accounts, identify differences, verify debit and credit entries, and record standing orders and auto entries.
Learn how to reconcile a bank statement in tally prime by recording standing orders, payments and receipts with vouchers, and matching bank balance to ledgers.
Create go downs in Delhi to manage stock movements. Build inventory basics: stock groups, units of measure, and stock items for trading and manufacturing, with opening and closing stock.
demonstrates creating a new company in Delhi, entering opening balances and ledgers, managing stock in hand, and preparing trial balance and inventory in tally ERP 9 and tally prime.
Learn to create godowns in tally by configuring inventory locations, renaming the main location to store, enabling the address field, and adding a second store location.
Create stock groups like mobile items and memory items in gateway of Tally, then define stock units, choosing simple units for pieces and compound when needed.
Create and classify stock items in Tally Prime, assigning categories such as mobile items and memory items, and set quantities across stores. Review stock items reports to verify inventory accuracy.
Record all credit purchases on 1 April by entering supplier invoices in item invoice mode, creating sundry creditors entries, and posting item quantities and totals for stock items across stores.
Record all transactions part 2 demonstrates creating a customer in sundry debtors, posting a credit sale invoice and saving the voucher in gateway of Delhi.
Process a purchase return with multiple godowns in tally prime by creating a debit note linked to the supplier invoice and settling against the pending bill.
Learn to process sales returns across multiple godowns using credit notes, with proper ledger tracking, item entries, and narration.
Learn to extract trial balance, balance sheet, and profit and loss in tally prime, adjust periods, and review stock summary and item movements.
Learn manufacturing accounts in Tally Prime, focusing on the bill of materials as the material recipe and the manufacturing journal that automatically converts and deducts raw materials to finished goods.
Set up stock groups, units, and stock items, enable the bill of materials with a one-unit computer recipe, and create a manufacturing journal under stock vouchers.
Enter the bill of material and record credit purchases to obtain raw materials, then use a manufacturing journal to assemble finished goods from the recipe, such as 20 laptops.
Explain how to record sale of finished goods in Tally, create a customer and sales ledger, and process a sale of 19 computers valued at 475,000 with 30 days credit.
Learn to navigate display mode reports, drill down with double-click, and generate trial balance, profit or loss, and balance sheet in Tally ERP 9 and Tally Prime.
Learn payroll basic configuration in Delhi by creating Surgical Private Ltd, setting July 2020 opening balances, and configuring allowances, deductions, and provident fund details.
Create payroll units in tally prime, including Rs, hours, and minutes, link minutes to hours as a compound unit, and establish attendance types like present, leave with pay, and overtime.
Explore creating pay heads in Tally Prime for payroll, including basic salary, overtime allowance, dearness allowance, and food allowances, plus provident fund deductions and attendance-based calculations.
Learn to create employer's contribution pay heads in tally erp 9 and tally prime, compute EPS at 8.33% or 541 by basic salary, with 6500 threshold and epf balance.
Shows how to create group and individual salary details in Tally ERP 9 and Tally Prime, including basic and allowances, copying from group, and April 2020 effective dates.
Finalize payroll by entering attendance, autofill salary and allowances, manage salary payable and loans, set opening balances for bank and capital accounts, then process payments via vouchers.
Generate payroll reports in Tally Prime, create payslips with salary details, and export or print in pdf or xml with previews. Compare overtime, allowances, and attendance across employees.
Practice GST setup in Tally Prime by creating a Tamil Nadu company, entering opening balances, enabling GST, and configuring rates and ledgers through practical transactions.
Create store groups with gst enabled, assign tax rates (18% for computers, 28% for digital cameras), define units and stock items, and set up cgst, sgst, and igst ledgers.
Record April 1 purchases on credit from local and interstate suppliers, create sundry creditors, enter purchase invoices in vouchers, and rely on GST to automatically calculate totals.
Record gst transactions part 2 by entering within-state and interstate sales in tally erp 9 and tally prime, with gst calculations and cgst applied to intra-state entries.
Celebrate completing the Tally ERP 9 and Tally Prime bundle course, apply the tools learned in work and life, and look forward to the bonus section with a discounted price.
ABOUT TALLY ERP 9 and Tally Prime
Tally.ERP 9 and Prime Versions are the fastest and most powerful multilingual software for multilingual business accounting and inventory management. Tally.ERP 9 was developed exclusively for the needs of small and medium-sized businesses and is fully integrated, cost-effective and highly reliable software. It is the technology on which all business accounting solutions will one day be built. Tally.ERP 9 manages all ledgers, from voucher entries to diaries and more.
In this course you will study advanced financial accounting with Tally ERP as well as the new tax system
Tally ERP 9 Basic to Advanced Training Course 2021
Tally ERP 9 has advanced integration in the form of an application programming interface to make the software extensible. Tally ERP 9 is the most advanced Tally ERP software on the market. In the course content, participants will learn in detail how to manage and manage accounts, inventory, and payment slips at Tally.
This is a complete training covering all the topics and options available on Tally. This course is designed to work independently with one account. It doesn't matter if you are new or experienced in accounting, or if you are a business owner looking to manage the account. You are in the right place because Tally ERP 9 is a very good and simple software that allows you to make complete business decisions that is easy to learn and use.
By registering for this course, you will learn:
Accounting basics, such as: B. Debits and credits that help you understand and issue records securely.
Learn how to transfer account information from physical books to Tally.
Set inventory details and filter reports as specific ownership ownership with specific functionality.
Example: How many laptops with i5 processors are available in your store?
Bank reconciliation - reconciliation of bank statement entries with your bank account entries.
Find out more about applying really necessary and advanced GST topics such as GST nets, chargebacks, freight forwarding agents and how to enter some appropriate entries in the accounting diary.
Find out the company's full salary (employee attendance) which is equivalent to the government. specified reduction rate.
Learn about the manufacturing process where you can determine the price of the items you make from the prices of the various parts/components that go into assembling the product.
Meanwhile, you will learn to customize the sales invoice number form, which looks like this - BN / 001 / 19-20 and many others.
Learn a large amount of the above topics in 8 hours, as opposed to short courses that teach at the elementary level or long courses which take longer than necessary.
In addition to learning to use Tally, consider maintaining consistent accounting practices.
What you can expect from this course:
This is a basic guide for Tally, which means you will learn all the basic and basic concepts that are used every day.
Think of this course as a solid foundation for counting.
You can study the topic in advance and independently without any effort.
Notes:
This course is for educational purposes and is not intended to provide advice on corporate accounting/compliance.
I hope you have benefited from the insights you have gained in this course.
Have a good study.
Whose yard is this?
Here are some important things Tally can do:
Reporting for all types of transactions such as payments, receipts, sales, purchases
Manage your banking business through bank reconciliation
Inventory management
Tax Administration
Job performance analysis
Cost center and cost category for IIA and internal control
Pay and pay with employee data
At some point you will learn many other functions