TallyPrime Made Easy – Learn Accounting, GST and Payroll

Learn to create ledgers in TallyPrime, assign opening balances for capital, cash, profit and loss account, fixed assets like machine, expenses, bank accounts, and loans, using multi ledger creation.

Understand voucher entry by applying the three golden rules of accounting: debit the receiver and what comes in and goes out, and expenses and losses versus income and gains.

Learn the six voucher types, including payment voucher, payment received voucher, general voucher, and contra forms like cash to cash and bank transfers, with practical examples.

Learn voucher entry in TallyPrime with GST, including creating ledgers, recording payment and received vouchers, cash and bank transactions, and double-entry setups.

Learn to define five inventory attributes in TallyPrime: stock category, stock group, go down, unit of measurement, and stock item, illustrated with mobile phones and milk examples.

Create stock categories, groups, units, and go-downs in TallyPrime to manage mobile phone inventory; learn to record quantities, rates, and reports across Delhi, Noida, Agra, Punjab, and Haryana.

Learn to create and activate a purchase order in TallyPrime, set up the party and item details, specify delivery terms, and view purchase order outstanding and close order reports.

Activate the receipt note in TallyPrime, enter the supplier reference number, date, and party, select the purchase order, record the received quantity, and review stock and pending bills.

Learn to perform a rejection out in TallyPrime after processing a purchase order and receipt note, select the party and item, and reject a specified quantity before saving.

Update stock after receiving a receipt note and rejections on a purchase order, then generate a purchase bill in TallyPrime with supplier invoice details to record the payable liability.

Master the end-to-end sales procedure in TallyPrime, from creating a sales order to issuing a delivery note, handling reduction in items and sales returns, and updating the daybook and inventory.

Understand goods and services tax (GST), its five slabs, CGST, SGST, IGST, and how interstate versus intrastate transactions affect tax calculations, activation, and year-end liabilities in tallyprime.

Demonstrates applying multiple GST rates to different items within a single invoice in TallyPrime, including tax classifications and duties, with purchase and sales reports.

Learn to apply GST on services in TallyPrime by creating services, configuring accounting invoices, and handling inter-state and in-state sales with integrated tax.

Learn to build a bill of materials in TallyPrime, calculate raw material needs, and manufacture a finished shirt from buttons, thread, and cotton with GST handling.

Enable tax collected at source (TCS) in TallyPrime, configure tax on goods with 0.75%–1% rates, and generate Form 27 and Form 27AQ payments with GST integration.

Activate the cost center feature, create the cost category salary and corresponding cost centers for each employee, record salary payments under the category and centers, and view the category report.