TALLY TRAINING MODULE 6 MONTHS

DS (TCS iON) Training Partnerprovide opportunity to B.Tech/BE, MCA, BCA and Diploma students to enhance their skills and gain practical knowledge through industrial training. DS (TCS iON) Training Partner is a leading IT solutions firm and a subsidiary of Tata Consultancy Services Limited (TCS Ltd.) and a part of the Tata Group which is India’s best-known business conglomerate.

Module 1: Basic

Lesson 1: Basics of Accounting

  • Introduction
  • Accounting Principles, Concepts and Convention
  • Double Entry System of Book Keeping
  • Types of Accounts
  • Mode of Accounting
  • Financial Statements
  • Recording Transactions of Sample Data

Lesson 2: Fundamentals of Tall.ERP 9

  • Introduction
  • Getting Functional with Tally.ERP 9
  • Creation / Setting up of Company in Tally.ERP 9
  • Company Features
  • Configurations

Lesson 3: Creating Accounting Masters in Tally.ERP 9

  • Chart of Accounts
  • Groups
  • Ledgers

Lesson 4: Creating Inventory Masters in Tally.ERP 9

  • Stock Group
  • Stock Categories
  • Units of Measure
  • Godowns
  • Stock Items
  • Voucher Types

Lesson 5: Voucher Entry in Tally.ERP 9

  • Accounting Vouchers
  • Inventory Vouchers
  •  Invoicing

Lesson 6: Generating Basic Reports in Tally.ERP 9

  • Financial Statements
  • Accounting Books & Registers
  • Inventory Books & Reports
  • Exception Reports
Module 2 ADVANCED

Lesson 1: Value Added Tax (VAT)

  • Basic Concepts in VAT
  • Configuring VAT in Tally.ERP 9
  • Creating Masters
  • Entering Transactions
  • Accounting for Return of Goods
  • Rate Difference in Purchase / Sales
  • Purchase from Unregistered Dealers
  • Claiming ITC on Capital Goods
  • Inter Sate Branch transfers
  • VAT Reports
  • VAT for Composite Dealers

Lesson 2: Tax Deducted at Source

  • Basic concepts of TDS
  • Configuring TDS in Tally.ERP 9
  • Creation of Masters
  • Recording Transactions
  • TDS Reports

Lesson 3: Service Tax

  • Basic of Service Tax
  • Configuring Tally.ERP 9 for Service Tax
  • Creating Masters
  • Recording Transactions
  • Accounting for Advance Receipts
  • Accounting for Opening Service Tax Credit
  • Adjustment of Input Service Tax Credit
  • Payment of Service Tax
  • Service Tax Reports

Lesson 4: Payroll Accounting and Compliance

  • Configuring Payroll in Tally.ERP 9
  • Creating Payroll Masters
  • Processing Payroll in Tally.ERP 9
  • Accounting for Employer PF Contributions
  • Accounting for Employer ESI Contributions
  • Accounting for Income Tax
  • Payment of Professional Tax
  • Generating Payroll Reports

Final Project