Fundamentals of Accounting

Introduction

Accounting Terms

Accounting Assumptions, Concepts and Principles

Assumptions

Concepts

Principles

Double Entry System of Accounting

Types of Accounts

Golden Rules of Accounting

Source Documents for Accounting

Introduction, Downloading and Installation of Tally Prime

Introduction to Tally Prime

Downloading & Installation of Tally Prime

Company Creation

Getting Started with Tally Prime

Shut a Company

Select a Company

Alter Company Details

Company Features and Configurations

Migration Tally. ERP 9 Data to Tally Prime

Chart of Accounts

Creating Inventory Masters

Migration Tally. ERP9 Data to Tally Prime

Chart of Accounts

Ledger Creation

Group Creation

Deletion of Ledgers and GroupMigration Tally. ERP9 Data to Tally Prime

Chart of Accounts

Ledger Creation

Group Creation

Deletion of Ledgers and Group

Creating Inventory Masters

Creation of Stock Group

Creation of Units of Measure

Creation of Stock Item

Creation of Godown

Stock Category

Recording Accounting Vouchers with bill-wise details in Tally Prime

Viewing MIS Reports in Tally Prime

Enabling GST and Recording GST Transaction in Tally Prime

Creation of Accounting Masters

Creation of Inventory Masters

Recording GST complaint transactions

Generating GST Returns in Tally

Enabling TDS and Recording TDS Transactions

Creation of TDS Masters and Recording /transactions

Order Processing and Recording of Inventory Vouchers

Purchase Order Processing

Sales Order Processing

Activating Credit Limit and Exceeding the Credit Limit

Activating the Credit Limit

Exceeding the Credit Limit

Banking Features

Cheque Management & Printing

Manual Bank Reconcillation

Cost Centres and Cost Categories

Allocation of Expenses and Incomes Using Cost Centres

Storage and Classification of Inventory

Recording of Stock Transfers with Godown Details

Activating Batch-wise Details

Price Level and Price Lists

Manufacturing Process Using Bill of Materials

Using Bill of Materials

Accounting of Manufacturing Process

Backup and Restore of Company Data

Export and Import of Data

Backup of Data

Restoring Data From Backup File

Export and Import of Data

Exporting of Data in Other Available formats

E-Mailing & Security control