Tally Prime Basic to Advance Training Course

Download and install Tally Prime on Windows from Dell Solutions, run the setup, configure country and accounting terminology, and choose a data drive, then start with an educational license.

Create a new company in Tally Prime, enter the name and address, set rupees as currency, define the financial year from Jan 1, 2022, and adjust details via audit.

Learn to use tally shortcut keys, including dash and double-dash combinations, to open create screens, view balance sheets, access reports, and navigate transactions with function keys.

Learn to set up a new company in Tally Prime and complete a practical assignment by recording journal entries, posting ledgers, and generating trial balance, balance sheet, and income statement.

Create a new company in tally prime and configure its name, country, and financial year. Master shortcuts, such as control e, and review the current period in the main interface.

Record the owner's cash capital using a receipt voucher to reflect the investment. Create the capital ledger and use single entry mode.

The lecture demonstrates recording a contra entry in Tally Prime by transferring cash to a bank, using vouchers, and moving from single to double entry mode with narration.

Learn how to enter a supplier invoice as a voucher in tally prime, including creating a vendor under accounts payable and recording a 40,000 debit when details are missing.

Learn to pay a supplier's purchase invoice in cash using the against reference option in Tally Prime, settling a ₹40,000 bill and updating the payment record.

Learn to record a cash purchase of land as a fixed asset in Tally, using the payment feature in August, with a 60,000 amount and a clear narration.

Enter a sales invoice as a voucher by creating a new ledger, posting debit to receivable and credit to sales, and entering the date and narration.

Learn how to record salary payments in tally prime, including using a cash payment voucher, creating an indirect expenses account for wages and salaries, and verifying entries in the daybook.

Record rent received by cash using a receipt voucher in single entry mode, assigning it to indirect income for November and noting 5500 as the amount.

Record a general purchase invoice in Tally Prime using the accounting invoice template, including creating the party, entering invoice 254 for 4500, and balancing debit and credit.

Extract key financial reports in Tally Prime, including trial balance, balance sheet, and income statement, by reconciling manual entries with software-generated ledgers.

Learn to alter and edit Tally ledgers, groups, and transactions by selecting items, double-clicking to modify details, and saving changes across reports and registers.

Learn to print reports in Tally, such as balance sheet or profit and loss, by selecting the report, choosing current or other reports, configuring settings, previewing, and printing.

Set up a new company in Tally Prime, create opening balances by entering ledgers in Pakistani rupees, and calculate trial balance, gross profit, net profit, and balance sheet amounts.

Learn to set up multiple ledgers with opening balances in Tally Prime using multi create and multi alter, entering balances for indirect expenses, sales, debtors, cash, and other accounts.

Record opening balances in tally prime by entering ledgers from the chart of accounts with correct debits and credits. Generate trial balance, gross profit, net profit, and balance sheet.

Extract important reports in tally prime by generating trial balance, balance sheet, and profit and loss—showing gross and net profit—from opening balances and verify ledger details.

Learn to edit ledgers in Tally Prime, including changing names and nature. Use multi-edit via Chart of Accounts to reclassify multiple ledgers.

Learn to create a new company in Tally Prime, enter opening balances, and prepare the trial balance, balance sheet, trading account, and profit and loss with sundry debtors and creditors.

Multiple ledgers via batch entry in the chart of accounts and enter opening balances for capital, cash, fixed assets, and sundry creditors, with auto debit or credit by nature.

Learn how to record a cash payment for telephone expenses and a commission receipt in Tally Prime, including ledger creation, proper vouchers, narration, and double-entry posting.

Record company transactions part 2 covers entering partial settlements, supplier bills, and payments in Tally Prime, with stock item creation and bill by bill balances.

Record a contra entry transferring 10,000 from bank to cash using double-entry in tally, with the date August 1, 2019, and delete the extra ledger after entering the narration.

Learn to record a wages payment in tally via a cash voucher, in double-entry mode, create a wages expense under direct expenses, debit 1500 and credit cash in hand.

Handle purchase returns in tally by creating a debit note for ₹5,000 against an earlier bill, then settle it against the pending bill and update the balance.

Record a rent income receipt on 1st November 2019 using vouchers in double-entry mode, and create a rent received ledger under indirect incomes with debit cash and credit rent received.

Demonstrates recording salary and other transactions (printing and stationery) in Tally, using vouchers and bank entries, and extracting trial balance, profit and loss, and balance sheet reports.

Learn how to perform a bank reconciliation statement (BRS) to match company books with bank statements, identify balance differences, and handle outstanding checks, deposits in transit, charges, and dishonored checks.

Master a bank reconciliation assignment scenario by reconciling a company account's April transactions, including direct deposits and matching debits with credits.

Create a company and record opening balances using the multi ledger creation mode in the chart of accounts, adding ledgers for capital, cash, HSBC Bank, and debtors.

Master bank reconciliation by entering all transactions in daily prime, then matching the software records with the bank statement to explain and resolve balance differences.

Record all transactions in tally prime using double entry, create ledgers for salary and indirect expenses, process cheque payments and receipts (dividend received), and use control e for narration.

Learn how to perform bank reconciliation in Tally Prime by matching bank statements with company accounts, identifying differences, and recording missing transactions using vouchers.

Record and reconcile bank transactions in Tally Prime by posting payment and receipt vouchers, creating accounts as needed, and using bank reconciliation to align bank balance with ledger.

Learn to create go downs in Delhi, manage inventory across locations, and define stock groups, units, and stock items for trading or manufacturing contexts.

Demonstrates godown and stock creation in Delhi, guiding you to prepare journal entries, and the trial balance, trading account, profit and loss, and balance sheet with inventory for 2019–2020.

Learn to create godowns in tally by configuring inventory locations and adding new ones with addresses. Enable addresses with F12, set primary locations, and copy addresses as needed.

Create stock groups such as mobile items and memory items, then set up stock units with symbol type and buying and selling rules, like pieces and grams.

Create stock items in Tally Prime, assign to mobile items and memory items, set units and quantities across store and godown, then review stock reports to correct misclassifications.

Record all transactions part 1 guides entering purchases via vouchers, setting mode to item invoice, and recording inventory items with supplier invoices and trader accounts.

Record credit sales and manage customer ledgers in tally prime, including creating muhammad traders as a sundry debtor and posting itemized inventory entries for htc desire and 64 gb memory.

Master purchase returns in Tally Prime by creating a debit note linked to the original supplier invoice, recording item details and locations, and settling the return against pending bills.

Learn to process sales returns with multiple godowns in Tally Prime, including selecting the invoice, posting to separate ledgers, and entering items with quantities, prices, dates, and narration.

Extract trial balance details, view balance sheet and profit and loss in default or statement forms, and explore inventory reports for stock items and their inwards and outwards.

Master manufacturing accounts in Tally Prime by creating stock items and manufacturing journals, and translating raw materials into finished goods through assembly in practical examples.

Master setting up BOM and inventory in tally prime by creating stock groups, units, stock items for raw materials and finished goods, and configuring a finished-goods recipe and manufacturing journal.

Learn to record raw material purchases and assemble finished goods in Tally Prime using a double bill of material, supplier invoices, and manufacturing vouchers in Delhi.

Learn to record finished goods sales in Tally, creating a new customer and posting a 19-computer sale at 25,000 each on a 30-day credit.

Explore final reports in tally prime, including trial balloons and profit or loss summaries, reconciliation with balance sheet details, vertical forms, and drill-down insights via search and double-click.

Configure Delhi payroll for Surgical Private Limited: set basic salary, allowances, deductions, provident fund, attendance for July, and employee records; create payroll masters and policy details for processing.

Create payroll units and attendance types in Tally Prime, linking rs and minutes to 60 minutes per hour, and configure attendance such as present and overtime under primary attendance.

Learn to create payroll pay heads: basic salary, overtime allowance, dearness allowance, food allowance, medical allowance, and EPF deductions, driven by attendance, working days, and monthly periods.

Learn to create employer's contribution heads in tally, including EPS setup, 8.33% or 541 thresholds, and routing the balance to EPF, along with related payroll heads.

Define group and individual salary details in Tally Prime, including basic, dearness allowance, medical, overtime, food, and travel allowances, then copy group values to individuals effective April 2020.

Automate July payroll by autofilling attendance, calculating salaries and house loans, then finalize payments via payroll autofill and cheque from HSBC bank, updating opening balances.

Generate payroll reports in Delhi Prime, including payslips, attendance, and payroll statements; export to Excel or PDF, print or preview, and analyze employee allowances and overtime.

Explore GST in Tally Prime through a practical assignment: create a Tamilnadu company, enable GST, and configure stock items with monthly GST rates.

Learn to configure stock groups and units, set up GST rates 18% and 28%, create stock items with GST applicability in tally prime, ledgers for CGST and SGST.

Learn to record GST transactions in tally prime by creating party ledgers, entering supplier invoices and items, and automatically calculating CGST, SGST, or IGST for intra and inter-state transactions.

Learn to record gst transactions in tally prime for within state and interstate sales, create party and sales ledgers, enter items, apply gst and dst, and verify tax calculations.