Tally Prime Basic To Advance Accounting Training Course 2026

Download the latest Tally Prime release from the official site and install it. Configure the company data path and accounting terminology, and explore license options in the educational version.

Learn how to create a new company in Tally Prime, set opening balances and the financial year, and later alter company details while enabling essential features.

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Master Delhi Prime shortcut keys to navigate: h for chart of accounts, v for vouchers, k for daybook; b and t for balance sheet and trial balance, with f1–f7 help.

Create a new trading company in Delhi, Elliot Traders, and transfer opening balances, stock, payables, assets, and cash into the accounting software. Prepare year-end closing balances for a smooth startup.

Explore tally prime's interface by navigating masters, transactions, and reports, drill down into account books and registers, and use shortcuts to access and back through menus.

Learn to enter opening balances and create ledgers and chart of accounts in Tally Prime, including building at cost and fixed assets, plus how closing books affect retained earnings.

Learn to delete a ledger in Tally Prime when balances are not entered, using alter and go to ledger, open the ledger, and press alt+d to confirm deletion.

Learn how to create multiple ledgers using the multi ledger creation mode in Tally Prime, enter opening balances and the nature of accounts, and generate a trial balance with ledgers.

View and edit ledger details and opening balances in tally prime, using chart of accounts and multi alter to modify multiple ledgers at once.

Enter customers and vendors with opening balances in Tally Prime, linking to account receivable and accounts payable. Learn bulk entry, adjust names, and verify the trial balance before inventory starts.

Learn to create inventory items with opening balances in Tally Prime using single item creation mode, linking quantity and rate to the control account.

Access the multi stock item creation wizard to enter multiple inventory items with opening balances on a single screen, including car parts like civic headlights and prius rear lights.

Reconcile the opening trial balance by verifying ledgers, customers, vendors, and inventory balances, ensuring debit and credit sides match in the trial balance, with steps to adjust if needed.

Record a cash purchase of fixed assets in Tally Prime using the payment voucher. Create a furniture fixed asset ledger and review day-to-day transactions.

Learn how to handle prepaid expenses in Tally Prime by recording six months of advanced rent as a current asset and recognizing the expense when the period is consumed.

Record a cash security deposit for a rented shop in telegram, classify as other assets, create a security deposit ledger, and track transactions via vouchers and daybook.

Learn to classify paint and renovation costs as indirect expenses paid in cash and record them using vouchers and ledgers in a clear cash accounting workflow.

Discover how to receive a customer's payment in full and settle their entire balance in Tally Prime using a receipt voucher and on account adjustment.

Learn to enter a new purchase invoice in Delhi Prime, create the party account, and input item lines such as corolla windscreen, civic headlights, and prius filters.

Record cash sales for walk-in customers by selecting cash as the party name, create a sales ledger, and note the Corolla windscreen 1 unit at 560 in display mode reports.

Book credit sales in tally using a sales voucher, enter Mr. Walter, ten Prius rear lights at 280 each, generate the invoice, and verify in daybook reports.

Learn to record customer advances in Telegram by switching to receipt mode, receiving cash in advance from a customer like Albert, and linking it to the corresponding sales order.

Enable and book a sales order in Tally Prime by activating the sales order voucher, switching to sales order with the ctrl f8 shortcut, and entering item details for Albert.

Learn to book direct sales in Tally Prime, from the Gateway of Delhi, by creating a sales ledger, and entering items with quantity, rate, and narration for a January period.

Activate and record purchase orders in Tally Prime by enabling the purchase order voucher type, displaying inactive orders, and entering vendor details, items, quantities, rates, and narration.

Learn to record bad debts as indirect expenses in tally (Delhi context), using debit and credit journal entries, create a bad debt account, and settle against bills.

Record the purchase of services in tally prime by adding a new vendor, booking packing charges as a direct expense, and generating a service invoice under accounts payable.

Master partial payments against purchase invoices using cheque settlements and against reference. Navigate daybook and gateway of Delhi to create vouchers and record invoice details.

Duplicate the voucher in Tally Prime, convert the sales order to a sales invoice, settle advances against the reference, then view the customer ledger.

Learn to process purchase returns in Tally Prime by creating a debit note linked to purchases, entering vendor, items, and amount, and choosing settlement method and narration.

Record a sales return in Tally Prime by creating a credit note linked to the sales ledger, for five civic headlights at 210 each (1050 total), settled on account.

Learn how to convert a purchase order to a purchase invoice in Tally Prime, choosing between altering the voucher and duplicating it to keep the original order in the background.

Record inventory loss in tally prime by distinguishing normal from abnormal losses, create a loss of inventory ledger, and post debit to loss of inventory and credit to purchases.

Convert prepaid rent to rent expense as january's benefit is consumed, adjusting advance rent of $1,000 from prepaid rent, and a journal entry debiting rent expense and crediting prepaid rent.

Access the trial balance via display more reports, drill down to ledgers, and export the report to Excel with configurable format and paths.

Extract and view the profit and loss report in tally prime, switching from t form to vertical detailed format, and exclude zero balances for a clean statement.

Learn to extract a vertical balance sheet report in Tally Prime, view ledger details, convert to statement format, and export to PDF or Excel for daily reports.

Learn how to drill down from the main balance sheet report to sub reports in tally, accessing individual customer balances, month-by-month summaries, and detailed sales, credit notes, receipts, and balances.

Master Tally Prime report customization by creating daily profit and loss reports, applying filters and advanced search, and tailoring reports for precise retail and ledger data.

Explore how manufacturing companies like Empire Textiles convert raw materials into finished goods, and learn to create a new manufacturing setup in Tally with BOM and opening balances.

Learn how to create all new ledgers in telegram after creating a new company, and how to enter the opening balances.

Learn to enter opening balances for ledgers in Tally Prime, forming an opening trial balance while excluding debtors, stock, and creditors to support the control account and receivable totals.

Learn to delete a specific ledger in tally prime using gateway of delhi: alter, select ledger, choose the cash ledger, hold the alternate key, press d, and confirm with y.

Learn to enter and alter ledgers from the multi ledgers option in Tally Prime, create new ledgers, and manage balances for debtors, inventory, creditors, and other asset and liability accounts.

Update customer and vendor opening balances in Tally Prime by creating ledgers, renaming sundry debtors to accounts receivable, and validating balances through the trial balance.

Learn to enter inventory opening balances and link them to the control account in Tally Prime, using multi-master stock item creation, raw materials grouping, and opening trial balance reconciliation.

define finished goods and their recipes using a bill of materials and a recipe management system, then automatically deduct raw materials when manufacturing shirts or pants.

Record accrued expenses paid by cash in Tally Prime, including opening balances and ledgers. Clear the 200,000 liability with a cash payment in January and verify via the day book.

Learn how to place a purchase order to a vendor by creating a purchase order voucher in Telegram, activate voucher types, enter party and items, and view results in reports.

Master the process of converting a purchase order to a purchase invoice in Tally Prime, using either full conversion or a duplicate voucher, and enter invoice details in the daybook.

Learn to enter direct purchase invoices in Telegram, including Franklin Textile, and apply a 2% discount for payment within ten days, using shortcuts and vouchers to create ledgers.

Take a sales order for finished goods with zero stock, enable sales order and delivery note vouchers, and record order details and narration despite the negative stock warning.

Record bank cash withdrawals as a journal entry to transfer funds from Citibank to petty cash, debiting cash and crediting Citibank, with narration and reporting steps in Gateway of Delhi.

Record cash receipts and partial payments from customers in Tally Prime, using vouchers and receipts, and manage opening balances and references in Delhi.

Record a partial payment from a customer in a bank account using Tally Prime by creating a receipt voucher, selecting Archer and Sons in Citibank, and noting narration.

Demonstrates paying a vendor within ten days to claim a 2% early settlement discount, and recording the discount in a double-entry ledger as discount received.

Learn how to record the purchase of services in tally prime on credit from Shelby Dyeing Mills, creating ledgers and selecting direct expense accounts for fabric dyeing.

Record cash purchases of services in tally prime using a one-time vendor and a daybook voucher. Switch to single entry mode for simplified payment and learn narration-based filters.

Record customer advances against a sales order in Tally Prime using the gateway of Delhi, creating a cash receipt linked to account receivable and an advance reference.

Learn how to book a customer sales order against zero stock in Tally Prime, handle negative stock warnings, and plan future manufacturing to fulfill shirts orders.

Configure the default company loading in Tally Prime by adjusting the startup setting load companies on startup to either a specific company or no, and save changes.

Learn to record expenses paid by card in tally prime, create indirect expense ledgers, apply rounding, and locate transactions using check references and daybook reports.

Learn to record cash repair and maintenance expenses in tally prime, using the daybook and voucher creation mode, and create ledger entries under indirect expenses.

Record a fixed asset purchase in Tally Prime using a payment voucher, paying by bank or cheque, and create a motor vehicles fixed asset account for a 50,000 transaction.

Enable the manufacturing journal and use the stock journal to input raw materials, assemble finished goods from the bill of materials and recipe.

Learn to record bad debts in tally by configuring debit and credit entry, creating a bad debts expense account, and crediting Ryan and Sons for 600,000 against opening balance.

Learn how to convert a sales order to a sales invoice in Tally Prime, including selecting the party, items, quantities, rates, and dating the voucher.

Record a direct sales invoice in Tally Prime for finished goods, creating a new customer, Mr. James Carter, on credit and posting shirts from stock via a sales voucher.

Learn how to convert a sales order to a sales invoice, apply the 2% discount for settlement within ten days, and record deliveries under the order with 30-day credit terms.

Learn to handle vendor payments against account balances in tally prime, paying Citibank checks to Valleys and Suns and Apex Enterprises, then settle on account and save narration in Delhi.

Learn to record payments for fixed assets and liabilities in Tally Prime, including cash payments for office equipment and partial loan repayment using vouchers.

Learn to process purchase returns in tally prime by creating a debit note, using an item voucher, and linking it to the pending bill while understanding debit versus credit notes.

Learn how to record a sales return as a credit note, activate the voucher, and adjust the return against a pending bill in the ledger.

Learn to record cash purchases of services in tally by using the payment voucher, selecting packing charges under direct expenses, and copying the narration.

Record a director's cash withdrawal for personal use in Delhi as a drawings entry in the journal, reducing capital. Credit cash for 45,000 and configure two-by-entry in Tally Prime.

Record abnormal inventory loss in Tally Prime by creating a loss of inventory ledger, posting a journal entry, and allocating 500 damaged button shirts to purchases with narration.

Record income tax expenses in Tally by using a payment voucher to pay via bank or cheque, creating an income tax expense ledger and handling liabilities.

demonstrates recording accrued expenses in Delhi Prime by debiting electricity, rent, salaries, and telephone expenses and crediting accrued expenses for January, i.e., expenses incurred but not yet paid.

Learn to extract trial balance, balance sheet, and profit and loss reports after finalizing transactions, customize and save the report view, and export the trial balance to Excel.

Learn to customize and extract daily closing reports in Tally Prime, including daily trial balance, day-by-day profit and loss, and vertical balance sheets, with ledger-wise views for reconciliation.

Learn to back up a company in Tally Prime by selecting a backup destination, creating a Delhi backups folder, and choosing multiple companies such as Empire Textile and Elite Traders.

Learn to restore a company backup in tally prime by using the data option to restore, selecting the desired backup, and confirming overwrite to restart with the restored data.

Delete an existing company in Telegram by navigating to the company option, selecting the target, then holding the alternate key and pressing D to confirm the deletion.

Extract the supplier account from the gateway of Delhi by opening ledgers (dal) in display more reports, then view invoices, debit notes, and payments to reconcile the supplier ledger.

Learn to maintain inventory across multiple locations with the godown feature, creating locations like New York and Washington and generating both location-specific and combined reports.

Learn to manage stock across multiple godowns in Tally Prime by creating locations in New York, and recording purchases and sales at each location, then extract location-wise inventory reports.

Enable the standard buying and selling rates feature in Tally Prime, using stock items or multi masters, with applicable dates so prices auto-populate for first purchases and sales.

Learn value added tax calculation in Tally Prime with input VAT on purchases and output VAT on sales, calculating net payable VAT in real examples.

Learn to customize the VAT report to a columnar format in Tally Prime by selecting ledger reports, enabling detailed fields, and exporting to Excel.

Learn to manage staff advances with cost centers in Tally Prime, enabling per-employee tracking, salary payable and salary expense, plus clear reports through cost category and journal entries.

Master the full payroll workflow in Tally Prime, from creating a new company and enabling payroll to defining pay heads, units, attendance, overtime, and generating payslips.

Define user access rights in tally prime by creating admin credentials, adding users, and assigning role-based permissions for vouchers, accounts masters, and reports; set backdated entry limits and feature access.

Configure multi currency transactions by setting the UAE base currency to AED, creating USD, and applying exchange rates to sales and purchases, then view forex ledgers and reports.

Configure and print invoices in Tally Prime, with complete print settings, language options, multiple copies, pdf export, and customization of header, footer, and company details.

Extract statistics report in Telegram via display more reports and statement of accounts to analyze voucher counts across journals, payments, sales, and purchases, then view details and ledgers for audit.

Learn to set reorder levels in Tally Prime, configure a minimum reorder level of 300 and minimum reorder quantity of 500, and monitor net availability via sales and purchase orders.

Learn to set up and apply multiple price levels in tally prime, creating retail, wholesale, and dealer price lists and auto applying them to items and customers.

Import master data in tally prime from excel templates to create ledgers and opening balances within the chart of accounts, with backup, duplicate handling, and import summaries.

Learn to use the discount column in tally prime sales invoices, apply trade discounts as percentages, and record cash discounts with a dedicated cash discount ledger to adjust totals.