MODULE 01

Meaning and Terminology of accounting – Method of Accounting – Accounting and its classification – Rules of Accounting – Double entry system.

 MODULE 02

Ledger – Posting –Trial Balance Preparation – Balance Sheet Management

MODULE 03

Introduction to Tally Prime, Features of Tally Prime, Company Creation and Setting Up Company Features in Tally Prime, Getting Started with Tally Prime, navigating from Anywhere to Anywhere in Tally Prime, F12 Configuration in Tally Prime, Alter Company Details, Shut The Company.

MODULE 04

Introduction to Chart of Accounts, Creation, Alteration & Deletion of Masters in Tally Prime (Both Accounting & Inventory), Multi-Masters Creation and Display.

MODULE 05

Recording Transactions in Tally, Accounting Vouchers in Tally Prime, Recording Accounting Vouchers in Tally Prime (Receipt, Payment, Contra, Journal).

MODULE 06

Create/Alter/ Delete – Stock Items (Single), Create Stock Items (Multiple), Maintain Bill Wise Details.

MODULE 07

Manage Vendor Master Records, Purchase Order Processing, Manage Bill Wise Details, Receipt Note Voucher Entry, Convert Purchase Order to Purchase Without Bill (Receipt Note), Convert Receipt Note to Purchases, Rejection in Voucher and Its Purpose, Debit Note Transactions, Payment of Invoice.

MODULE 08

Manage Customer Master Records, Sales Order Processing, Delivery Note and Rejection in Vouchers, Conversion of Sales Order to Sales with Actual Invoice or Without Invoice, Credit Note Transactions, Receive Money Against Sales Invoice.

MODULE 09

Banking Payments, Cheque Printing (Both Single & Multiple Cheque Printing), Deposit Slip (Cheque/Cash), Bank Reconciliation (Auto/Manual).

MODULE 10

Godown Creation, Transfer Items in Different Locations, Manufacturing Process, Transfer and Consumption of Materials. Cost Center Application in Tally Prime, Tally Vault Password, Backup and Restore Features, Group Company and Split Company Data. Generating Financial Statements and MIS Reports.

MODULE 01

Meaning and Terminology of accounting – Method of Accounting – Accounting and its classification – Rules of Accounting – Double entry system.

MODULE 02

Ledger – Posting –Trial Balance Preparation – Balance Sheet Management

MODULE 03

Introduction to Foreign Accounting. Company Creation process in Sage 50, Create, Alter and Delete the Customer/Vendor and Items – Create Chart of Accounts (List of accounts) – Enter opening Balance for Customer/Vendor/Item and Chart of Accounts – Verify the report – Aged Receivables, Aged Payables, Inventory Valuation Report, Balance Sheet, General Journal Transactions.

MODULE 04

Purchase, Purchase Return, Sales, Sales Return entries with inventory – Purchase and Sales Order Management – Verify the Report – Purchase Order Report and Purchase Order Register, Purchase Journal, Aged Payables, Vendor Transaction History, Item Purchased from Vendors, Check Register, Payment Day Book (Cash Disbursements Register) on Accounts Payable – Verify the Report – Sales order Report and Sales Order Register, Sales Journal, Customer Sales History and Customer Transaction History, Cash Receipt Journal)

MODULE 05

Assembly / Manufacturing Process – Inventory Adjustments – Verify the Reports: Assembly Adjustment Journal and Inventory Adjustment Journal.

MODULE 06

Treatment of Void Check – Write check application – Account Reconciliation (Bank Reconciliation) Including Adjustments for Interest and Bank charges – Verify the Report – Accounts Reconciliation— Payroll Settings and Application (Use all 3 Pay Methods – Salary, Hourly Hours Per Pay Period and Hourly Time Ticket Hours) and give Brief Description for all – Verify Reports: Report – Payroll

MODULE 07

Quote Creation and Conversion Techniques (Convert to Sales order and Convert to Invoice / Sales) — Global Options– Convert the reports direct to excel files – Analysis Menu – Write Letter – Default Information – Action Item – Find Transaction— Item Prices – Backup and Restore – Systems: – Post and Un post methods, Change Accounting Periods and Close Fiscal Year – Conclusion.