TallyPrime with GST I Tally Authorized Partner & Faculty

Access all course materials in one drive link; download notes, interview prep and resumes, plus weekly updates on GST, TDS, TCS, income tax, and advance tax.

Watch the tally prime videos three times to understand the business scenario, configure features with shortcuts, and analyze voucher impacts on balance sheet, p&l, stock summary, then complete case studies.

Explore Tally history from Peutronics to Tally Prime and learn how it integrates accounting, inventory, and taxation with GST compliance.

Explore tally license modules and pricing, including single user silver and multi-user gold, with lifetime licenses and annual renewals. Educational mode teaches gst filing and e-waybill generation using licensed tally.

Learn how to download and install Tally Prime and Tally Prime with Edit Log on a 64-bit Windows system via tallysolutions.com, and understand the Edit Log audit trail feature.

Explore Tally Prime licensing options, including continue in education mode, license from network for multi-user setups, reactivate existing licenses, and activate new licenses with serial number and activation key.

Change the default data saving path in Tally Prime by creating a dedicated folder on a non-C drive, updating the configuration settings, and closing tally before saving data.

Create, alter, and delete a company in Tally Prime, set the default loading company, and configure basics like the company name, mailing name, address, GST state, and the financial year.

Explore tally's predefined vouchers—contra, payment, receipt, journal, sales, and purchase—and how to activate others, plus use of contra for self deposits and bank transfers and stability on activity.

Master three essentials for passing vouchers in tally: identify the correct voucher, apply the proper chart of accounts, and follow the golden rules of accounts.

Learn the differences between traditional and smart recording in tally, including creation of ledgers and stock items, opening balances, voucher entry, and using Alt+C for quick creation.

Explore how Tally uses double entry accounting and provides single entry and double entry voucher modes, with mode switching, debit and credit handling, and practical examples.

Learn to record simple purchases and sales in Tally, including credit purchases, cash purchases, and vouchers. Explore stock items, accounts, and basic profit calculations.

Master recording contra, receipt, and payment vouchers in Tally Prime, including capital injections, bank and cash ledgers, salaries, rent, commissions, drawings, and impact on trading and profit and loss accounts.

Learn to record journal vouchers in TallyPrime, including debit and credit rules, discounts received and allowed, and how these entries affect profit and loss.

Update opening balances for ledgers and opening stock for inventory in tally, using last year closing balances to carry forward into the 2026-27 financial year, and verify via trial balance.

Explore the concept of goods and services tax (GST) as India's comprehensive, multi-stage, destination-based indirect tax. Learn its journey, objectives, advantages, and core components CGST, SGST, and IGST.

Explain GST classifications and the place of supply, showing intra-state vs inter-state rules with CGST, SGST, IGST, and UTGST, and how revenue and IGST distribution work.

Explain pan card structure and gstin composition, including the fourth character for taxpayer type, the fifth for name, and the fifteen-digit gst number with state code and registration count.

Explore hsn and sac codes for gst, including eight-digit hsn for detailed goods classification, sac starting with 99 for services, and turnover thresholds guiding digits.

Explore the differences between taxable, nil rated, and exempted supplies under GST, with examples like coconut becoming exempted, and note zero rated SEZ supplies and GSTR-1 reporting.

Learn about types of gst registrations—regular, composition, casual taxable person, non resident taxable person, isd, e-commerce operator, deductor—and their applicable returns such as gstr-1, gstr-3b, gstr-7, gstr-8, and gstr-11.

Learn to record GST purchases and sales using the traditional method in Tally, including company setup, ledgers, stock items, vouchers, and GST calculations (CGST, SGST, IGST) with item-level GST details.

Learn how to automate tax selection in TallyPrime GST through auto billing for sales and purchases, including setting up auto billing classes, tax calculations (CGST, SGST, IGST), and round-off rules.

Configure GST at company level, ledger level, and stock group level with common HSN numbers and CGST/SGST rates. Learn how precedence dictates GST application to purchases and sales.

Learn to configure GST rates based on product price using slab-based rates in TallyPrime, with footwear HSN 6403, 5% up to ₹1,000 and 18% above.

Switch voucher mode from item to accounting invoice to record GST services in tally; create internet and accounting services, apply SAC codes and 18% GST, and manage input/output CGST/SGST.

Classify and record GST expenses in tally into claimable, non-claimable, and non-GST types, using purchase and payment vouchers, GST numbers, and ITC rules for business use.

Learn to record claimable, non claimable, and non GST assets in tally, apply GST calculations, and use appropriate vouchers (purchase, payment, journal) to ensure ITC accuracy and reconciliation.

Fetch GST details using GST number to auto populate party ledger in tally prime. Import ledgers from an Excel file using GST numbers, select column A, and save under group.

Learn to check a party's GST filing status inside tally prime 5.0 by fetching GST details from Alter, Ledger, then reviewing the filing history for GSTR-1 and ITC impact.

Learn how to view the ITC at risk balance in tallyprime by enabling show ITC at Risk and Balance amount to see the amount payable excluding ITC.

Create a 96-pixel wide by 80-pixel high logo in JPEG or BMP, save it, and attach it to Tally Prime via the print configuration to print on tax invoices.

Enable additional stock item descriptions in TallyPrime by activating the feature, entering description in the sales voucher, and turning on show additional description for stock items at print time.

Enable the rate inclusive of tax column in Tally Prime by pressing F12, then activate stock items tax-inclusive; the system back-calculates base price and GST from the total.

Configure tally prime to automatically number sales vouchers with a branded prefix VS/ and suffix /21-22, using a four-digit numeric part padded with zeros.

Configure printing preferences in tally to show bank details and jurisdiction name on invoices, and display invoice status across three copies with seals and signatures.

Enable optimize printing paper size to save paper and reduce invoice prints by selecting details shown from second page onwards, and configuring buyer and consignee information as needed.

Understand GST return forms and how the GST portal mediates between taxpayers and authorities, covering GSTR-1, GSTR-2A, GSTR-3B, GSTR-4, GSTR-5, GSTR-7, GSTR-8, GSTR-9, and GSTR-11.

Learn GST tax computation and adjustments for regular taxpayers, including calculating current month liability and determining tax payable or refundable through GSTR 1 and GSTR-3B.

Learn how GSTR-1 and GSTR-1A tables govern outward supplies reporting, including B2B and B2C, exports, credits, and advances, with practical table-by-table guidance.

Learn how to file nil GSTR-1 when there are no sales by selecting the June tax period, filing nil GSTR-1 online, and confirming OTP for proof.

File GSTR-1 using tallyprime by exporting a json from tally and uploading to the GST portal, with B2B and B2C data mapped to tables 4, 5, and 7.

Identify and fix GSTR-1 errors by exporting data as JSON, reviewing the 'data processed with error' report, and using the GST offline tool to correct HSN codes before re-upload.

Master filing GSTR-1 from tally prime using the API facility, with one-time GST portal enablement, username verification, and OTP or DSC/EVC authentication.

Learn how to file GSTR-1 and amendments with GSTR-1A after filing, including adding missing invoices and amending incorrect data in the B2B table before you file GSTR-3B.

Learn how GSTR-2A inward supplies auto populated into GSTR-2B via the IMS dashboard, and how accepting or rejecting invoices finalizes ITC for GSTR-3B liability.

Learn to perform purchases GSTR-2B reconciliation via manual and automated approaches, aligning tally books with GST portal to optimize ITC and tax liability.

Learn how to file nil gstr-3b when there are no purchases or sales for a tax period. The guide covers data checks, one-time password verification, and obtaining filing proof.

Learn to file GSTR-3B with ITC to offset tax liability, create a challan, and finalize payment through over the counter or digital methods, understanding credit utilization across CGST, SGST, and IGST.

Adjust your gstr-3b liability by current month itc and carry forwarded itc from the previous month, using the gst portal ledger to review credits and file with evc.

Learn how to adjust GST ITC and file GSTR-3B for local purchases and local sales using tally, excel, and the GST portal, with step-by-step examples and journal entries.

Learn how to adjust local purchases and non-local sales under GST in May, reconcile input CGST/SGST with output IGST in GSTR-3B, and settle through tally vouchers and the GST portal.

Explore GST ITC adjustments for June with non-local purchases and local sales, balancing IGST, CGST, and SGST in tally and GSTR-3B, including ITC offsets and portal updates.

Record July non-local purchases and non-local sales in tally, reconcile input IGST and output IGST in GSTR-3B, and adjust GST payable by transferring to GST payable and paying the balance.

Explore gst itc adjustments for August, covering local purchases, local and non-local sales, gstr-3b, and igst/cgst/sgst utilization in tally.

Master September GST ITC adjustments for mixed purchases and sales, including local and non-local cases, by offsetting output tax with input credit (CGST, SGST, IGST) in tally and GST portal.

Explore October's high purchases with low sales and adjust ITC via GSTR-3B in tally, offsetting excess ITC against output IGST and processing refunds.

Explore how e-waybill and e-invoicing under GST regulate movement of goods, with e-waybill thresholds (over 50,000) and turnover-based e-invoice rules for B2B.

Learn to register your GST number on the e-way bill portal, create a dedicated e-way bill login, and manage OTP and two-factor authentication.

Preload product, client, supplier, and transporter masters in the e-waybill portal to auto-fill details, and add products with HSN and GST to streamline generation.

Learn to generate an e-way bill in Tally Prime for a regular supply under 50 km, including enabling e-way bill features, creating a party, and dispatch-based generation.

Learn to generate an e-way bill for bill-to and ship-to deliveries, with Telangana as the place of supply and Tamil Nadu recipient instructions. Switch to bill-to-ship-to and apply IGST.

Access e-waybill reports by period for outward or inward supplies. Update part B vehicle, extend validity in last eight hours, cancel within 24 hours, and print options.

Learn how to generate e-invoices in tally without API by exporting offline JSON and uploading to the e-invoice portal, including preparing data, generating IRN, and obtaining the acknowledgement.

Generate e-invoices without an accounting app using the Excel-based e-invoice json format via bulk generation tools. Enter GST and invoice details, validate, and upload the json to the e-invoice portal.

this lecture outlines the optional GST composition scheme for small taxpayers up to 75 lakhs, with 1%, 2%, or 5% (6% for service providers) tax per quarter.

Learn to file the GST CMP-08 for composition taxpayers by selecting the quarter, declaring outward supplies (or nil filing), creating challan, paying taxes, and completing e-filing with OTP or EVC.

Explore forward charge and reverse charge mechanisms in GST, where payment shifts from supplier to recipient, illustrated by Bajaj and LIC examples.

This lecture explains the reverse charge mechanism (RCM) under CGST 2017, detailing notified goods and services like cashew nuts, tendu leaves, raw cotton, and e-commerce-driven supplies and forward charging.

Explore tally recording of GTA services under reverse and forward charges, including unregistered and registered suppliers, GSTR-3B, GSTR-2B, and cash RCM liabilities.

Discover how inventory management balances overstocking and understocking, and how Tally Prime offers flexible inventory control, insightful reports, and optimized stock levels for small and medium businesses.

Create a unit of measurement in Tally Prime via inventory masters, using the symbol numbers and setting decimal places to zero for counting computers.

Learn to create and alter stock groups in Tally Prime, configure GST, and manage tax slabs for grouped items like computers.

Create and alter stock categories in TallyPrime with GST to classify items across stock groups, enabling reports and substitutes for brands like Dell, Lenovo, and HP.

Create and alter stock items in tally prime using stock groups, units of measurement, and stock categories, with group-level GST and examples like Dell Latitude and HP Spectre.

Activate batches in Tally prime at the company level and for stock items to track batches, enabling manufacturing and expiry dates for better stock control.

Enable batch tracking in Tally Prime and allocate batch numbers with manufacturing and expiry dates for Saridon and B-blood on purchase invoices; review batch details in inventory reports.

Record stock sales from batches in tally prime, prioritizing near expiry batches, print batch details on invoices for perishable goods, and prevent selling expired batches.

Learn how to sell or return stock from expired batches by enabling the feature use expired batches for stock items, then disable it.

Activate price levels in Tally Prime to set customer-based pricing. Create price levels such as wholesaler, distributor, retailer, and customer, and apply assigned price lists and discounts automatically in transactions.

Define price levels and price lists for customer, retailer, and wholesale after recording a Tata Sampann purchase, and apply quantity-based pricing in sales vouchers, including not applicable adjustments.

Learn to revise price lists by stock group and customer, set applicable dates, and save changes. See rate changes apply to future invoices based on date and quantity.

Explore how inventory valuation sets end-of-period stock cost and profitability, covering raw materials, work-in-progress, and finished goods, with methods like average costing, first in first out, and standard costing.

Learn how to activate purchase order and sales order vouchers in Tally Prime, including non-supply vouchers, show inactive, and renaming sales order to sales quotation.

Learn how to activate and use delivery notes and receipt notes in TallyPrime for GST compliance, including when to record purchases and sales with invoices or delivery challans.

Learn to use debit and credit notes in Tally by recording purchases and sales, and manage purchase returns and sales returns with F9, F8, Alt+F5, and Alt+F6.

Master the end-to-end purchase workflow in Tally Prime, from purchase orders and receipt notes to invoices and debit notes, with stock and ledger updates.

Learn how to record sales order and delivery note, issue invoices, and process sales returns in TallyPrime with GST, noting non inventory vouchers and stock movement to the ledger.

Create godowns in Tally Prime, set up multiple stock locations like Secunderabad and Hyderabad from the gateway of tally and inventory masters, modify names, and save changes.

Learn to create and manage multiple godowns in Tally Prime, allocate stock between in-store and warehouse, and view go-down summary reports.

Enable bill wise features in Tally Prime to track bills payable and bills receivable, set up installments, and manage party-level balances with advance and against references.

Record a purchase and create bill-wise accounts, splitting 1,00,000 into four installments due every 10 days, using bills payable and vouchers to track.

Explains how to record bill-wise sales in tally prime, create four installments via bills receivable, and adjust overpayments with receipt vouchers to track installments.

Enable bill-by-bill tracking of overdue supplies in tally, receive reminders for outstanding invoices, and prevent new sales until prior balances clear, safeguarding against bad debts.

Learn to record advances and sell against them in tally prime, creating a customer ledger, maintaining bill-by-bill balances, and generating installments for any excess when required.

Learn aging analysis in tally prime by tracking bills payable and receivable, enabling bill-wise entries, GST settings, and generating aging reports by bill date or due date.

Learn how to apply GST on interest and late fees under section 15(2)(D) of the CGST Act. Apply the original goods' GST rate and HSN to interest.

Enable and configure cheque book ranges in Tally Prime, learn to issue, cancel, and reissue cheques, manage post-dated cheques, and perform bank reconciliations with proper cheque book controls.

Learn how to configure cheque printing in Tally Prime, choose predefined cheque formats, and print cheques from payment vouchers, including self-cheques and continuous printing reports.

Learn to enable banking transaction types in tally, switching from cheque to atm, card, or e fund transfer, and enter transaction references for easier bank reconciliation.

Learn to manage post-dated cheques in Tally Prime by converting regular vouchers to pending, tracking post-dated vouchers, and updating balances only after cheque clearance.

Explore post-dated cheques management in TallyPrime through a practical sale scenario, converting receipts to pending vouchers, regularizing deposits, and handling bounced cheques and bank ledgers.

Explore bank reconciliation statements (BRS) to align company and bank records, resolve cheque clearance gaps, bank charges, and direct credits, using addition and elimination steps.

Master manual bank reconciliation in Tally Prime by comparing bank statements with company books, adding missing transactions, and eliminating uncleared items to align balances.

Enable auto bank reconciliation in tally prime and import bank statements. Reconcile automatically, map unreconciled transactions, or create vouchers to account for new transactions.

Explore how to enable and manage tally prime edit log in both normal tally prime 5.0 and tally prime edit log, including installation, enabling edit log applicability, and basic tracking.

Explore TallyPrime edit log to track alterations in ledgers, items, and vouchers, showing original and altered values with timestamps and version history using Alt+Q and F12.

Enable security and user access control in tally, create admin and user accounts, enable audit features, and track entries with user-wise reports.

Learn to create sub users, assign data entry roles, and manage permissions in TallyPrime, while using edit log and audit features to track changes.

Configure user roles to grant data entry operators access to create and alter accounting and inventory masters and vouchers, while restricting sensitive features like balance sheet.

Enable data entry operators to change their own passwords by activating the password policy and allowing users to change the password. Configure minimum length, expiry, and expiry notification in tally.

Access tally data on the cloud with browser access by providing an email in security and enabling online access. Review stock summary and disconnect to restrict access.