Tally Prime - The New Business Management Software

Name: Tally Prime - The New Business Management Software
Rating: 4.1 (2 reviews)

All about the latest Tally Prime - 2020

Created byMKCL India

Last updated 2/2021

English

English [Auto],

What you'll learn

Knowledge about Tally Prime

Course content

1 section • 36 lectures • 2h 25m total length

TallyPrime0:05
Introduction of TallyPrime2:00
Explore Tally Prime's new version with enhanced technology and compliance, offering a simplified interface, invoicing and accounting, GST taxation, inventory and cash flow management, online data access, and secure data.
Tally.ERP9 Vs TallyPrime5:43
Company Creation in TallyPrime9:20
Accounting Feature1:35
Inventory Feature2:41
Explore how the inventory feature in company configuration enables maintaining inventory, integrating accounts, multiple price levels, purchases, and job order processing, with cost tracking and batch expiry date controls.
Taxation Feature1:05
Other Important Feature1:33
Key Menu Options2:49
Explore the key menu options in Tally Prime, including company data, exchange, import export, email, print, and EF1, with data mining for backups, user management, and online access configuration.
Gateway of Tally3:08
Go to Report3:09
Navigate to the go to report option to directly access any report from the gateway, view listings like balance sheet, stock items, GST, and verify activity across multiple reports.
GST Setup and Configuration4:22
Balance Sheet3:08
Learn to view and customize a balance sheet in tally prime, including horizontal and vertical formats, detailed format, and options to show percentages and exclude accounts with zero closing balance.
Interstate GST Transaction with E-Way Invoice8:18
Learn to generate and record interstate GST transactions with e-way bills in Tally Prime, configure bill settings, apply 50,000 rupees and 50 kilometers limit, and verify the e-way bill details.
Concept of E- Invoice14:55
Explore e-invoicing in tally prime, including GST portal authentication via IRP, invoice reference numbers, and QR codes for B2B invoices, plus API registration and reporting.
GST Ledger3:25
Concept of GSTR9 & GSR9C9:10
GSTR1 View3:20
GSTR2 & GSTR2A & GSTR2B3:39
GSTR3B View4:55
Interstate Purchase Transaction4:59
Learn to record an interstate GST purchase transaction, including supplier setup, item details, IGST calculations, and GST analysis for cross-state purchases.
Interstate Sales Transaction4:31
Interstate Transaction1:08
Intrastate Purchase Transaction4:48
Intrastate Sales Transaction4:16
Intrastate GST Transaction0:53
Inventory Master4:46
Learn to create stock master in tally prime by configuring stock item categories, units of measurement, gst details, and opening balances for products such as Samsung mobile and television.
Master Creation0:14
Create sales and purchase operational master, inventory master, and duties and access master in tally prime.
Operational Master4:02
GST Reports2:10
Explore gst reports in tally prime, including gst one, two, and three, and learn quick methods to update gst rates, map units, and manage party gst registrations.
Other Reports (Go to Reports)3:45
Party Master4:54
Learn to create party master in Tally Prime, input name, address, banking and GST details, set registration type, opening balance, and credit terms, with validation prompts and verification.
Payment & Receipt Transaction6:25
Record advance and subsequent payments in Al-Ibrahim using Tally Prime, including bank transfer from HDFC and NFTE for in-house training, with reference numbers and ledger reconciliation.
Profit and Loss Report2:33
Receipt Entry3:51
Record a receipt entry in al-ibrahim by applying a ₹50,000 part payment from Sunshine India Private Ltd against bill SBW 001, including bank and cheque details.
Trial Balance3:47
Explore how a trial balance consolidates closing balances from all general ledgers to verify profit and loss and balance sheet figures for financial reports.

Requirements

Need a Computer with Tally Prime

Description

Tally Prime is the latest updated version of tally, In other words tally’s new product. Now Tally ERP 9 is officially replaced with Tally Prime Software. It’s launched on 9th November 2020 by tally solution .The new features are added to this new tally version. Tally change in look with same old value. The main feature of tally prime is very user friendly for business owners. One of the added advantage of Tally Prime is the multitasking feature. Tally Prime can manage the complex and simple transactions.

Tally is simple and designed to be used by people from non-IT and non-accounts background as well. Ease of discovering information, consistent options, navigating without the need to remembering the paths and much more makes you start using TallyPrime right away. You get 3600 view of your business through a host of business reports related to Accounting, Inventory, Financial, Management control reports (MIS) and Statutory reports to help you make confident business decisions. TallyPrime, supports real-time and secure access to important business report from a web browser, on any device, anywhere.

To grow your business, and to make the right business decisions, you need the right insights . With features like “Go To” and “customisable reports” in the new TallyPrime, you can discover and look at reports, slicing and dicing them the way you want. To help you in your growth journey, TallyPrime enables you to manage multiple companies and incrementally add features such as multiple go-downs, multi-currency, order process, cost centres etc. This helps you get rid of complexities, and in turn, focus on business growth.

Benefits of Tally Prime

More Simple and easy to use.
Secured connected services.
Handle multi-state GST.
It have More Speed and Power.
Reliable and Efficient.
it’s is very Flexible.

Who this course is for:

Anybody wants to become Successful Accountant
Who wants to handle accounts independently