TALLY PRO

 

TALLYPRO

This advanced level certification from Tally is for candidates aspiring for growth in their careers. Candidates passing the online assessment will earn a verifiable digital certificate from Tally.

TallyPRO will help certified candidate take a significant shift in the career and prepares to handle mid-level positions in an organization.


SYLLABUS

CHAPTER 1: FUNDAMENTALS OF ACCOUNTING 

1.1 Introducation 

1.2 Accounting Terms 

1.3 Accounting Assumption, Concepts and Principles 

         1.3.1 Assumption 

         1.3.2 Concepts 

         1.3.3 Principles 

1.4 Double Entry System of Accounting 

1.5 Types of Accounts

1.6 Golden Rules of Accounting 

1.7 Source Document for Accounting 

CHAPTER 2 : JOURNALISING AND POSTING OF TRANSACTION 

2.1 Introduction 

2.2 Recording of Business Transaction 

          2.2.1 The Accounting Equation 

          2.2.2 Recording of Transaction in book of Original Entry/ Journal  

                   2.2.2.1  Use of Debit and Credit 

                   2.2.2.2  Rules of Debit and Credit 

                   2.2.2.3  Recording of Business Transaction in Jouranal 

2.3 Ledger 

      2.3.1 Need for Ledger 

      2.3.2 Differences Between a Journal and a Ledger 

      2.3.3 Classification of Ledger Accounts

      2.3.4 Posting from Journal 

2.4 Trial Blance 

       2.4.1 Methods of Preparation 

2.5 Subsidary Books & Control Account 

         2.5.1  Cash Book 

                   2.5.1.1  Single Column Cash Book 

                   2.5.1.2 Double Column Cash Book 

                   2.5.1.3 Three Column Cash Book 

         2.5.2 Petty Cash Book 

         2.5.3 Purchase Book 

         2.5.4 Purchase Return Book 

         2.5.5 Sales Book 

         2.5.6 Sales Return Book 

         2.5.7 Journal Proper 

         2.5.8 Control Account 

2.6 Finanical Statements 

         2.6.1 Trading and Profit & Loss Account

                  2.6.1.1 Trading Account

                  2.6.1.2 Profit & Loss Account

        2.6.2 Blance Sheet 

                 2.6..2.1 Types of Assets and Liabilities inluded in Blance Sheet 

CHAPTER 3 : MAINTAINING CHART OF ACCOUNT IN TALLY .ERP 9

3.1 Introdcation 

         3.1.1 Getting Started with Tally . ERP 9 

         3.1.2 Mouse and Keybord Coventions 

3.2 Company Creation 

         3.2.1 Shut a Company 

         3.2.2 Slect a Company 

         3.2.3 Alter a Company 

3.3 Company Features And Configurations 

         3.3.1 Company Features  : F11 

         3.3.2 Configuration : F12

3.4 Chart of Accounts 

         3.4.1  Ledeger 

         3.4.2 Group 

3.5 Ledeger Creation 

         3.5.1 SIngle Leeger Creation

         3.5.2 Multi Ledeger Creation 

         3.5.3 Altering and Display of Ledeger

                  3.5.3.1 Ledeger Alteration 

                  3.5.3.2 Single Ledeger Display 

                  3.5.3.3 Multi Ledeger Display 

         3.5.4 Deleting Ledegers 

3.6 Group Creation 

         3.6.1 Single Group Creation 

         3.6.2  Multiple Group Creation 

         3.6.3 Altering and Display  of Group 

                  3.6.3.1 Group Alteration 

                  3.6.3.2 Single Group Display 

                  3.6.3.3 Multi Group Display 

        3.6.4 Deleting Group 

CHAPTER 4 : FUNDAMENTALS OF INVENTORY MANAGEMENT 

4.1 Introduction 

4.2 Inventory Management 

4.3 Terms Used in Inventory Management 

4.4 Inventory  Valuation 

      4.4.1 Different Types of Inventory Valuation 

4.5 Inventory Management in Tally ERP 9 

CHAPTER 5 : STOCK KEEPING UNITS 

5.1 Introduction

5.2 Inventroy Master in Tally ERP 9 

5.3 Creation Inventory Masters 

      5.3.1 Creation of Stock Group 

      5.3.2 Creation of Unit of Mesure 

      5.3.3 Creation of Stock Item 

      5.3.4 Creation of Godwon 

      5.3.5 Defining of Stock Opening Blance in Tally ERP 9 

CHAPTER 6 : RECORDING OF DAY- TO - DAY TRANSACTION 

6.1 Introduction 

6.2 Business Transaction 

       6.2.1 Source Doument or Voucher 

       6.2.2 Recording Transaction in Tally  ERP 9 

6.3 Accounting Vouchers Receipt Voucher 

       6.3.1 Contra Voucher 

       6.3.2 Payment Voucher 

       6.3.4 Purchase Voucher 

       6.3.5 Sales Voucher 

       6.3.6 Debit Note Voucher 

       6.3.7 Credit Note Voucher 

       6.3.8 Journal Voucher 

6.4  Creation of New Voucher Type 

6.5  Automation of Invoices ( Voucher Classes ) 

6.6  Non - Accounting Vouchers 

      6.6.1 Memorandum Voucher 

      6.6.2 Reversing Journal 

      6.6.3 Recording Provisinal Entries 

6.7 Recording Inventroy Voucher 

6.8 Receipt  Note Voucher 

      6.8.1 Delivery Note Voucher 

      6.8.2 Rejection In Voucher 

      6.8.3 Rejection Out Voucher 

      6.8.4 Stock Journal Voucher 

      6.8.5 Physical Verificatrion of a Stocks 

CHAPTER 7 : ACCOUNTS RECEIVABLE AND PAYABLE MANAGEMENT 

7.1 Inroduction 

7.2 Accounts Payable and Receivable 

7.3 Maintaing Bill - Wise Detalis 

7.4 Activation of Maintaing Bill - Details Feature

7.5 New Reference 

7.6 Against Reference 

7.7 Advance Reference 

7.8 On Account

7.9 Credit Limit 

       7.9.1 Activate Credit Limit 

       7.9.2 Setting Credit Limits 

       7.9.3 Exceeding Credit Limits 

       7.9.4 Excepetion to Credit Limits 

7.10 Payment Performance of Debtors 

7.11 Changing the Finanical Year in Tally  ERP 9 

CHAPTERN 8 : BANKING 

8.1 Introduction 

8.2 Banking Payments

8.3 Setting up Banking Features 

8.4 Cheque Management 

      8.4.1 Cheque Printing 

                8.4.1.1 Single Cheque Printing 

                8.4.1.2 Multi Cheque Printing 

      8.4.2 Cheque Register 

                8.4.2.1 Cancelled Cheque 

                8.4.2.2 Blank Cheque 

8.5 Bank Reconciliation 

      8.5.1 Auto Bank Reconiliation 

8.6 Deposit Slip 

       8.6.1 Cash Deposit Slip 

       8.6.2 Cheque Deposit Slip 

8.7  Payment Advice 

8.8  Managing of Post- Dated Cheques 

8.9  Notional Bank 

8.10  Post - Dated Report 

8.11  Handling e- Payment in Tally ERP 9 

         8.11.1   E- Payments Reprots 

         8.11.2 Exporting e - Payment Transaction form e - Payment Report 

         8.11.3 sending Payment Instruction to Bank 

8.12  Updating the bank Details Instanaly in Tally ERP 9

CHAPTER 9  : ALLOCATION AND TRACKING OF EXPENSES AND INCOMES 

9.1 Introdction 

9.2 Cost Centre and cost Categories 

       9.2.1 Activation of cost Categories and Cost Cnetre 

       9.2.2 Allocation of Expenses and Incomes using Cost Centre 

       9.2.3  Allocation of Expenses and Incomes Using Cost Cnetre with Cost Category 

                  9.2.3.1 Allocation of expenses to multiple cost centre and cost categories 

9.3 Automation of cost Centre Classes 

       9.3.1 Cost centre Reports 

9.4  Category summary 

       9.4.1 Cost Centre Break- up 

       9.4.3Ledeger Break - up 

       9.4.4 Group Break - up 

CHAPTER 10 : MIS REPORTS

10.1  Introduction 

10.2  Advantages of Management Information Systems 

10.3  Type of MIS Reports In Tally. ERP 9 

10.4  MIS Reports in Tally . ERP 9 

         10.4.1 Trial Blance 

         10.4.2 Blance Sheet 

         10.4.3 Profit and Loss Account 

         10.4.4 Cash Flow Statement 

         10.4.5 Funds Flow Statement 

         10.4.6 Ratio Analysis 

         10.4.7 Books and Accounting Reports 

                    10.4.7.1 Day Book 

                    10.4.7.2 Receipt and Payments

                    10.4.7.3  Purchases Register 

                    10.4.7.4 Sales Register 

                    10.4.7.5 Bills Recevable and Bills Payable 

          10.4.8 Inventory Reports 

                     10.4.8.1 Stock Summary 

                     10.4.8.2 Stock Transfer   

                     10.4.8.3 Movement Analyusis

                     10.4.8.4 Ageing Analysis 

TALLY PRO VOL - 2 

CHAPTER 1 : STORAGE AND CLASSIFICATION OF INVENTORY 

1.1  Introduction 

1.2  Godown Management 

        1.2.1  Activating Godown 

        1.2.2  Creating a Godown

        1.2.3  Allocation of Stock to Particular Godown while Defining Opening Bbalance 

        1.2.4 Recording of Purchase, Sales and Stock Transfers with Godown Details

                 1.2.4.1 Purchase of Inventory 

                 1.2.4.2 Recording stock transfer entry using stock journal Sale of Inventory 

       1.2.5  Maintaining Damaged Goods

       1.2.6 Analysing Godown Summary and Stock Movement Reports

1.3  Stock Category 

       1.3.1 Activation of Stock Categories 

       1.3.2 Creating Stock Categories

       1.3.3 Recording of Trnasactions 

1.4 Movements of Goods in Batches/lots – Batch wise details 

        1.4.1 Activating Batch – wise Details in  Tally. ERP 9 

        1.4.2 Using Batch-wise Details in Purchase Invoice

        1.4.3 Using Batch – Wise Details in Sales Invoice 

       1.4.4 Expired Batch/Stock Transfer 

       1.4.5 Batch Reorts 

                1.4.5.1 Batch Vouchers Report 

                1.4.5.2 Batch Summary Report 

                1.4.5.3 Transfer Analysis report 

1.5  Stock Valuation Methods

       1.5.1 Configuration of Stock Valuation Method

       1.5.2 Different Types of Costing Methods 

       1.5.3 Recording of Purchase and Sales Transactions

       1.5.4 Stock Valuation based on FIFO Perpetual Method

Chapter 2: Management of Purchase and Sales Cycle

 2.1 ntroduction

 2.2 Purchase Order Processing 

       2.2.1  Activating Order Processing in Tally.ERP 9

 2.3 Sales Order processing 

 2.4 Viewing Order Details 

 2.5 Display Columnar Orders &Stock Details

 2.6 Sales order outstanding 

 2.7 Pre-closure of  Order 

 2.8 Reorder Level

 2.9 Display Reorder Status

Chapter 3: Price Levels and Price Lists 

 3.1 Introduction 

 3.2 Activating Price Lists and Defining of Price Levels 

       3.2.1 Creation of Price List

       3.2.2 Using Price list 

 3.3 Revise Price List 

Chapter 4: Manufacturing Process 

 4.1 Introduction

 4.2 Activating  of Bill of Materials

 4.3 Auto Listing of Components Using Bill of Materials

 4.4 Accounting of Manufacturing Process in Tally. ERP 9

 4.5 Transferring of Manufactured Goods from Storehouse to showroom

 4.6 Reports

       4.6.1 Stock Journal Register 

       4.6.2 Transfer Analysis 

       4.6.3 Cost Estimation 

       4.6.4 Stock Ageing Analysis 

Chapter 5: Getting Started with GST

 5.1Introduction 

 5.2 Enabling GST and Defining Tax Detail

 5.3 Transferring Input Tax Credit to GST

 5.4 Intrastate Supply of Goods 

       5.4.1  Interstate Inward Supply 

       5.4.2  Interstate Outward Supply 

  5.5 Interstate Supply of Goods

         5.5.1 Interstate Inward Supply 

         5.5.2 Interstate Outward Supply 

  5.6 Return of Goods

        5.6.1 Purchase Returns 

        5.6.2 Sales Returns 

  5.7 Supplies Inclusive of Tax

  5.8 Defining Tax Rates at Master and Transaction Levels

        5.8.1 Defining GST Rates at Stock Group Level

        5.8.2 Defining GST Rates at Stock Item    Level

        5.8.3 Defining GST Rate at Transaction Level

        5.8.4 Hierarchy of Applying Tax Rate Details 

  5.9 GST Reports 

        5.9.1 Generating GSTR-1 Report in Tally.ERP 9

        5.9.2 GENERATING gstr-2 Report in Tally . ERP 9 

  5.10  Input Tax credit Set Off

  5.11 GST Tax Payment 

         5.11.1 Timeline for payment of GST

         5.11.2 Modes of Payment 

         5.11.3 Challan Reconciliation

  5.12 Exporting GSTR-1 return and uploading in GST portal 

  5.13 Recording Advanced Entries 

         5.13.1 Purchase from Composite dealer

         5.13.2 Exports

                     5.13.2.1 Exports through LUT/Bond

                     5.13.2.2 Exports Taxable

          5.13.3 Exempted Goods 

          5.13.4 SEZ Sales

5.14 Accounting Reverse Charge under GST

5.15 Accounting of Supply of Services

5.16 Accounting Exempted Services 

Chapter 6: Tax Deducted at Source

6.1 Introduction 

6.2 Basic Concepts of TDS 

6.3 TDS Process

6.4 TDS in Tally. ERP 9 

6.5 Activation of TDS Feature in Tally. ERP 9 

6.6 TDS Statutory Masters 

6.7 Configuring TDS at Group Level

6.8 Configuring TDS at Ledger Level 

6.9 Booking of Expenses in Purchase Voucher 

6.10 Recording Transactions

        6.10.1 Expenses Partly Subject to  TDS

        6.10.2 Booking Expenses and Deducting TDS Later 

        6.10.3 Accounting Multiple Expenses and Deducting TDS Later 

        6.10.4 Accounting for TDS on Advance Payments against Transport

        6.10.5 TDS on Expenses at Lower Rate 

        6.10.6 TDS on Expenses at Zero Rate 

        6.10.7 Deducting TDS on Payments

        6.10.8 Reversal of Expenses with TDS 

        6.10.9 Deducting TDS on Expenses with Inventory 

        6.10.10 Accounting TDS on Fixed Assets

        6.10.11 Payments of TDS

6.11 TDS Reports

        6.11.1 Challan Reconciliation

        6.11.2 TDS Outstanding 

        6.11.3 E-Return 

Chapter7: Securing Financial Information 

7.1 Introduction 

7.2 Security control 

7.3 Activation of Security Control and Creation of     Security Levels in Tally. ERP 9 

7.4 Accessing the Company with Data Operator’s User Account

7.5 Password Policy 

7.6 TallyVault Password

       7.6.1 Activation of Tally Vault in Tally .ERP 9 

       7.6.2 Configuration of Tally Vault Password while Creating the Company 

       7.6.3 Configuration of Tally Vault Password for Existing Company 

       7.6.4 Benefits of Tally Vault Password 

 

Chapter 8: Data Management and Financial Year End Process 

8.1 Introduction 

8.2 Backup and Restore

      8.2.1 Backup of Data  

      8.2.2 Restoring Data from a Backup File 

8.3 Export and Import of Data 

8.4 Exporting and Importing of Data from One Company to Another in XML Format 

      8.4.1  Exporting of Masters from One Company of Another 

      8.4.2 Importing of Masters from One Company to Another 

8.5 Exporting of Data in other available formats 

8.6  Exporting of Reports in Excel 

        Exporting of reports in PDF Formats 

         8.6.1 E-Mailing in Tally. ERP 9 

         8.6.2  E-mailing a Report 

         8.6.3  Mass Mailing Reports 

8.7 Printing the Balance Sheet 

      8.7.1  Printing Profit & Loss Account

      8.7.2 Printing of Sales Invoice 

      8.7.3 Printing of Company Logo

      8.7.4 Printing of company logo on Sales Invoice

      8.7.5 Printing of company logo on Reports 

      8.7.6 Managing of Data during Financial Year End Process 

      8.7.7 Important Pre-Split Activity

 8.8 Splitting of Data 

                            ...............................................................................THE END .................................................................................................        

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