Introduction:
Tally Prime is one of the most widely used accounting and business management software in Bangladesh and globally. This professional training program covers complete Accounting, Inventory, Payroll, VAT, Reporting, and Financial Analysis using Tally Prime.
Throughout the sessions, participants will learn how to create and manage companies, handle day-to-day accounting tasks, maintain inventory, generate financial statements, manage payroll, and prepare real-life business reports.
The training is fully practical, enabling learners to confidently work in corporate, trading, manufacturing, and service industries using Tally Prime.
Objectives of training:
– Which version of Tally Prime your Client should use
– How to create company and subscription
– Payroll in Tally Prime
– Ledgers or Chart of Accounts
– Bill, Invoice, Accounts Payable and Accounts Receivable
– Financial reports (P/L accounts and Balance sheet)
– Assets, Depreciation and Liability
– Explanation of all items in Tally Prime
– Manage users
– Accounting, Inventory in Tally Prime
– Cost of sale/Cost of goods sold
– Inventory valuation method
– Trial balance, cash flow statement, receive & payments
– Cost center
– Accounting data/reports
Contents of training:
1st Day:
• Introduction
• Gate way of tally menu and buttons
• How to create, alter a company
• Company menu
• Chart of accounts design in Tally
• What is group, sub-group and how to create them
• How to create Single ledger and multiple ledger
• Configurations of tally
• Description of Fourteen Types of Accounting vouchers
• What is and how to create cost center/profit center
• 20+Practical vouchers and their posting
• Bill wise Payment to Supplier
• Suppliers and Customers Out standing / Ageing report.
2nd Day:
• Detail Description of Accounting feature of tally
• Accounting and inventory integration
• 20+Practicalvouchers and their posting
• Multi-currency
• VATsettingsofSalesandPurchase
• Inventory Concept
• Create, Alter a stock group, Stock Unit (Unit of Measure)
• Create, Alter a Godown
• Create, Alter a Stock item
• Costing methods (FIFO, LIFO, Average etc in Tally)
• Configurations of tally
• Description of Fourteen Types of Inventory vouchers
3rd Day:
• Detail Description of Inventory feature of tally
• Sales, Purchase Transaction Projection
(Advance Inventory with Bill Wise Details)
• Inventory Vouchers
• Receipt, Payment, Journal
• Debit Note, Credit Note
• Sales, Purchase Transaction Projection (with VAT)
• VAT payment
• Discount set up
4th Day:
• Bank reconciliation
• Check register maintenance
• Post-dated cheque management.
• Daybook
• Cash/Petty Cash book
• Bankbook
• Ledger books
• Statement of accounts
• Statistics
• Cost center wise report
• Budget and control (Periodic Budget)
• Budget, actual and variance
• Balance sheet
• Profit and loss account
• Trial balance
• Cash flow and fund flow
• Day sales and purchasing register etc.
• Tally backup & restore data
• Data export in excel, pdf.
• Report e-mailing
5th Day: (Sales and Purchase Order)
• Sales Order, Purchase order management
• Bill of Material (BOM) & Manufacturing journal
• Goods transfer inter Godown
• Material Consumption
• Stationery Consumption
• Multiple Price Level/Price list
6th Day: (Godown and Finance Dept Integration)
• How to create group item, assemble.
• Accounting & Inventory Integration
• Separate accounts entry for HO and store
• Track Additional cost of Purchase
• Reorder Level
7th Day: (Project Accounts & Inventory)
• Job costing / Project Costing
• Job Work/ Project Analysis, P/L accounts
• Job / Project Inventory Movement
• Job /Project Manufacturing, COGS
8th Day: (Tally. ERP 9 Payroll)
• Employee group creation
• Overtime / Production Unit
• Payroll Configuration in Tally
• Attendance Type
• Pay head (Earning/Deduction/Statutory)
• Attendance (Present/Absent/OT/Production)
• Salary Details
• Payroll Voucher
• Employee Advance Payment
• Employee Income Tax Payment
• Pay slip
• Pay sheet
• Various Attendance and Pay head Report
• Employee Group Wise Report
• Bank Advice
• Opendiscussion
• Student feedback
• Conclusion
Methodology:
Hands-on practical sessions, Preparation of Accounts and Financial Reports by using Accounting Software
“Tally Prime”.
