Course Overview

Tally ERP 9 is the world’s fastest and most powerful concurrent Multi-lingual business Accounting  and Inventory Management software. Tally ERP 9, designed exclusively to meet the needs of small and medium businesses, is a fully integrated, affordable and highly reliable software. Tally ERP 9 is easy to buy, quick to install, and easy to learn and use.

Tally ERP 9 is an Indian software developed to simplify Accounting in real world.

Course Outline

Module 1: Introduction to Tally ERP 9

Overview of Tally ERP 9 and its capabilities

Benefits of using Tally for small and medium businesses

Introduction to accounting software and basic principles

Creating a company profile

Setting up and managing Chart of Accounts

Editing and deleting accounts

Entering and verifying opening balances

Generating Chart of Accounts reports

Adding parent and subsidiary companies

Module 2: General Ledger and Journal Entries

• Understanding general ledger and its role

• Creating and managing journal entries

• Editing and deleting journal entries

• Reviewing journal entry reports

• Practical examples and exercises

Module 3: Inventory Management in Tally

• Introduction to inventory and stock management

• Configuring inventory features in Tally

• Creating stock items, units of measurement, and stock groups

• Managing inventory adjustments

• Generating inventory reports and valuation summaries

Module 4: Accounts Receivable

• Understanding accounts receivable processes

• Creating customer records

• Generating sales orders and invoices

• Recording receipts and customer payments

• Processing sales returns and issuing credit memos

• Reviewing AR reports, including aging and statements

Module 5: Accounts Payable

• Overview of accounts payable management

• Adding vendors and supplier records

• Creating purchase orders and entering bills

• Recording payments to vendors

• Handling purchase returns and credit memos

• Reviewing AP reports and payment histories

Module 6: Payroll Management

• Introduction to payroll in Tally ERP 9

• Creating employee records and payroll heads

• Payroll processing and statutory deductions

• Viewing payroll reports and payslips

• Overview of job order costing reports

Module 7: Configuration & Shortcuts

• Managing multiple currencies

• Backing up and restoring company data

• Accessing and managing cash book and ledgers

• Understanding shortcut keys in Tally

• Configuring Tally features and settings for efficiency

Module 8: Financial Reporting

• Generating key financial reports

  • Cash Book

  • Accounts Ledger

  • Trial Balance

  • Profit & Loss Statement

  • Balance Sheet

• Customizing and exporting reports for business analysis